Digital Commons Network^™

F. R. Fosberg's Review Of Gilbert Cuzent's Archipel De Tahiti: Recherches Sur Les Principales Productions Végétales, F. R. Fosberg

Pacific Studies

No abstract provided.

Review Of Prices, Wages And Business Cycles By Burton H. Klein, Abdur Chowdhury

Economics Faculty Research and Publications

No abstract provided.

Book Review Of An Introduction To Law And Economics, Stewart Schwab

Journal of Legal Education

No abstract provided.

Book Note Of Implementing The Tokyo Round: National Constitutions And International Economic Rules, Stephen B. Reynolds

Journal of Legal Education

No abstract provided.

The Political Basis Of The Economic And Social Development In The Republic Of China, Alan P. L. Liu

Maryland Series in Contemporary Asian Studies

No abstract provided.

The Legacy Of Keynes, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

No abstract provided.

Federal Budget Cuts: Bureaucrats Trim The Meat, Not The Fat: Comment, Michael L. Marlow

Economics

No abstract provided.

The Jackson Report On Australian Aid: The Underlying Framework, David Lim

Support & Other Units (THEi)

In late April 1983, Mr Bill Hayden, the Australian Foreign Minister, set up an independent committee under the chairmanship of Sir Gordon Jackson to review the Australian overseas aid program.1 The report of the committee was tabled in Parliament on 7 June 1984.2 In the subsequent public debate on the Jackson Report, it became clear that the committee's position on various key issues on aid and development was often misrepresented. The misrepresentation could have been deliberate because the report adopted a strategy of development that was not universally accepted. It could also have been because the analytical framework adopted was …

Notes On The Effect Of Capital Gains Taxation On Non-Austrian Assets, Dan Kovenock, Michael Rothschild

Economics Faculty Books and Book Chapters

This paper is an attempt to assess the effect of capital gains taxation on non-Austrian assets, such as claims to profits of continuing enterprises. As compared to taxation on an accrual basis, the capital gains tax discourages sales of appreciated assets. This is the "lock-in" effect. Because assets subject to capital gains taxation are generally held a long time, conventional estimates suggest that the effective rate of capital gains taxation is low. We contend that conventional estimates could seriously underestimate the effective rate of capital gains taxation because they ignore uncertainty. We construct a model which allows us to calculate …

Aggregate Production Functions, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes.

• Folder cover titled “aggregate production functions”. (n.d.). [Unpublished folder cover].

• Shaikh, A., PhD. (n.d.). Handwritten notes on F. M. Fisher’s “Aggregate production functions revisited” [Unpublished handwritten notes]. Manuscript.

• Ara, K. (1978, December). Parable and realism in the theory of capital: A generalization of Prof. Samuelson’s theory of surrogate production function. Hitotsubashi Journal of Economics.

• Gallaway, L. E. (1982). Specification of the aggregate production function. Rivista Internazionale di Scienze Economiche e Commerciali.

• Shaikh, A., PhD. (n.d.). Handwritten notes with a graph of a basic production function [Unpublished handwritten notes]. Manuscript. …

The Property Rights Paradigm And The Protection Of Oak In California, B. Delworth Gardner

Faculty Publications

Once again our country is caught on the horns of a serious dilemma. Natural resources, such as land and water, are becoming increasingly scarce and therefore valuable. Concomitantly, and perhaps more importantly, these resources are recognized as having attributes or characteristics in the form of amenities that are coveted by non owners of these resources. A cheap and effective way of acquiring these amenities is to assert that the legal owners of the resources do not have the right to exclude those who want the amenities from consuming them. Or, almost equivalently, the resources must be used in certain ways …

A Study Of Wage Contour Determinants For Northern Minnesota, Robert D. Ley, William A. Wines

Journal of the Minnesota Academy of Science

This paper reports the findings of a study designed to profile wages and employment in northern Minnesota. Because of differences in the structure of the local economy and differences in the composition of the labor force, we hypothesized that studies done for other regions as well as national studies might produce misleading information if applied to northern Minnesota. The study is based on responses to 1400 mail surveys distributed in 1983 in four cities in northern Minnesota: Bemidji, Brainerd, Fergus Falls, and Grand Rapids. We found some surprising differences between the workforces in the four cities. Our overall impression was …

The Economics Of Aging, Myron H. Ross Editor

Upjohn Press

Retirement-related issues are discussed including social security, healthcare, and inflation.

The New England Economic Revitalization And Future Research Priorities, James M. Howell

New England Journal of Public Policy

New England's recent economic revitalization is largely attributed to the region's success in technological innovation and adaptation. This capacity to supplant older, maturing technologies with new technologies — a willingness to continually shed the old to make room for the new — has been a characteristic of New England since the early nineteenth century. At that time, as today, the critical factors in the process of technological development were the presence of investment capital, skilled labor, entrepreneurs, and, above all, preeminent colleges and universities that foster unconventional thinking and risk-taking. While the region's economy should continue to benefit from these …

The Efficiency Of Producing Alcohol For Energy In Brazil: Comment, Jonathan B. Wight

Economics Faculty Publications

In a 1982 issue of this journal, Michael Barzelay and Scott R. Pearson examined the social costs and benefits of producing ethanol motor fuel in Brazil. They conclude that ethanol fuel was economically infeasible in 1981 and will remain so unless petroleum prices rise dramatically in the future. We seek first to call attention to some problems in their data and second to suggest that their analysis include broader considerations. Quite different conclusions could result.

Price Determination In A Competitive Industry With Costly Information And A Production Lag, Reuven Glick, Clas Wihlborg

Business Faculty Articles and Research

We analyze the role of information for price and output adjustment when competitive firms with rational expectations cannot directly distinguish between industrywide and firm-specific cost disturbances. Firms may become informed about industrywide cost conditions by acquiring information at a cost. The sensitivity of price and output to cost disturbances decreases as more firms choose to purchase information. The equilibrium industry share of informed firms increases as the cost of information falls and total cost variability increases. The equilibrium share of informed firms is largest when there is a comparable degree of variability in both industrywide and firm-specific costs.

Crises - Current, Anwar Shaikh Phd

Archives of Anwar Shaikh

This folder includes:
Handwritten note cards titled:

• Current Crisis: Bibliography (1973–1976), listing articles by Boddy and Crotty, Howard Sherman, Tobolowici, and Joseph Morris on wage-push, inflation, unemployment, monopoly capital, stagflation, and deficit spending from Monthly Review and other journals
• Howard Sherman, “Monopoly Power & Stagflation” (Journal of Economic Issues, XI(2), June 1977, pp. 269–284; 7/77), discussing profit squeeze, raw materials costs, restricted demand, and evidence against high wages causing inflation during contractions, with monopoly vs. competitive sector price behavior data (1929–1938; 1949–1975)
• Howard Sherman (continued, 3/4), noting monopolistic sectors show greater stability of profit rates over the …

Equilibrium, Anwar Shaikh Phd

Archives of Anwar Shaikh

This folder includes:
Handwritten note cards titled:

• On the Structure of Steady State Equilibrium (David Gale, Dec. 1971; title in red ink)
• The Irrelevance of Equilibrium Economics (Economic Journal, Vol. 82, Dec. 1972)
• Vertical Integration, Prices & Values
• Vertical Integration, Prices & Values (I–2), covering quantities and prices
• Vertical Integration & Price, Value
• Vertical Integration & Transformation Problem
• Vertical Integration & Equal Organic Composition
• Vertical Integration & Period of Production
• [Marx & Smith] Vertical Integration and Decomposition of Output in Wages & Profits
• The Problem of Resolving the Entire Capital into Wages and Profits (1852; with red …

Time Value Of Money And Income Tax Evasion Under Risk-Averse Behavior: Theoretical Analysis And Empirical Evidence, Steven E. Crane, Farrokh Nourzad

Economics Faculty Research and Publications

No abstract provided.

In Search Of Predatory Pricing, R. Mark Isaac, Vernon L. Smith

Economics Faculty Articles and Research

Focuses on the reproduction of predatory pricing in laboratory environment. Definition on predatory pricing; Methods used to construct experimental design; Effect of predation on price increase and efficiency. Focuses on the reproduction of predatorypricing in laboratory environment. Definition on predatorypricing; Methods used to construct experimental design; Effect of predation on price increase and efficiency.

Does Capitalism Infringe Property Rights: A Reply To Peter Morriss, Chandran Kukathas

Research Collection School of Social Sciences

In a research note on 'How Capitalism Infringes Property Rights' {PoliticalStudies, XXXI (1983), pp. 656-61), Peter Morriss attempts to demonstratethat a Nozickian version of rights theory is incompatible with that account ofcapitalism which emphasizes the importance (and value) of entrepreneurialrisk-taking and entrepreneurial failure. Because bankruptcy is an acceptedconsequence of entrepreneurial failure, capitalism, which condonesbankruptcy, in fact condones the violations of the rights of creditors. Thusthose who, like Nozick, defend property rights as sacred and inviolable, 'shouldbe in the vanguard of capitalism's opponents' (p. 657) Since the rights-basedargument for capitalism is that rights can never be legitimately violated, 'oncethe rights theorist …

Wage Share, Market Power And Unionism: Some Contrary U.S. Evidence, Brian C. Brush, Steven E. Crane

Economics Faculty Research and Publications

In a recent article, Cowling and Molho (1982) presented empirical evidence on the relationships among the wage share, market power, and unionism in the U.K. Using multiple regression analysis on cross-sectional 1968 data for 118 industries,¹ they found strong, negative relationships between the share of production worker wages in value added and two measures of monopoly power in the product market, namely, concentration and advertising intensity. However, utilizing several alternative measures of union power, they found only limited support for the hypothesis that union power is positively associated with this wage share. Cowling and Molho (hereafter, GM) also examined …

Ua68/2 Intercambio Internacional, Vol. Ix, No. 1, Wku Latin American Studies

WKU Administration Documents

Newsletter created by WKU Latin American Studies program regarding science, politics and economic advances in Latin America as well as cooperative projects between WKU and universities across Latin America. The newsletter is written in both English and Spanish.

Market Structure And Rivalry: New Evidence With A Non-Linear Model, Michael L. Marlow, John P. Link, Robert P. Trost

Economics

It is argued that the estimation techniques used by previous researchers to study rivalry in financial markets are inappropriate. The assumptions of both ordinary least-squares and Tobi analysis are violated when these techniques are used to analyze mobility and turnover data. To overcome the difficulties in the previous studies, we suggest a non-linear model (which is closely related to the Poisson model). This model is designed for describing frequency data and is not subject to the criticisms to which ordinary least-square and Tobut are subject.

Intertemporal Extraction Of Mineral Resources Under Variable Rate Taxes, Robert F. Conrad, Bryce Hool

Research Collection School Of Economics

Variable-rate taxes are being applied with increasing frequency in the US and other countries. However, their effects typically go beyond those that have motivated their use. The formulation of mineral tax policy should take into account the complete list of consequences.-from Authors

Statement [For] Distribution And Economics Of Employer Provided Fringe Benefits: Hearings Before The Subcommittee On Social Security And Subcommittee On Select Revenue Measures Of The Committee On Ways And Means, House Of Representatives, Stephen A. Woodbury

Testimonies

No abstract provided.

Book Review Of Law And Economics: Cases And Materials, Jeffrey L. Harrison

Journal of Legal Education

No abstract provided.

Book Review Of The Economics Of Crime And Law Enforcement, Susan Rose-Ackerman

Journal of Legal Education

No abstract provided.

Prices, Employment, And Profit, Hyman P. Minsky Ph.D., Pierro Ferri

Hyman P. Minsky Archive

An original draft and a good copy of this article are also included.

Incentives In Manufacturing: The Carrot And The Stick, Frederic L. Pryor

Economics Faculty Works

No abstract provided.