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Social and Behavioral Sciences Commons™
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Articles 1 - 5 of 5
Full-Text Articles in Social and Behavioral Sciences
Returns To Public Investments In Agriculture With Imperfect Downstream Competition, Stephen F. Hamilton, David L. Sunding
Returns To Public Investments In Agriculture With Imperfect Downstream Competition, Stephen F. Hamilton, David L. Sunding
Economics
A multiple-market framework is developed to measure the size and distribution of research benefits. The model considers an upstream raw product market and a downstream finished product market and allows for imperfect competition in the intermediary food-processing sector. A central conceptual result is derived: an increase in raw product output is a sufficient condition for cost- reducing innovations in the farm sector to increase social welfare. A special case of linear farm supply and isoelastic processing production functions reveals that necessary conditions for welfare to decrease are a convergent farm supply shift, an oligopsonistic upstream market configuration, and increasing returns-to-scale …
Review Of Against The Tide: An Intellectual History Of Free Trade, Eric O'N. Fisher
Review Of Against The Tide: An Intellectual History Of Free Trade, Eric O'N. Fisher
Economics
No abstract provided.
Pollution And Economic Growth, Eric O'N. Fisher, Charles Van Marrewijk
Pollution And Economic Growth, Eric O'N. Fisher, Charles Van Marrewijk
Economics
We analyse a model of overlapping generations in which clean air, a pure public good, is used as a private input into production. Although production exhibits constant returns to scale. endogenous growth can occur. In a laissez-faire equilibrium, firms generate rents that are the value of the pollution they create. These rents crowd out investment and slow economic growth. Such an equilibrium may not support Pareto optimal allocations, but a Pigouvian tax does. Hence, a pollution tax can yield a double dividend because it reduces pollution and increases growth.
A Measure Of The Current Account Related To The Well-Being Of Japan: Generational Accounts In The Open Economy, Eric O'N. Fisher
A Measure Of The Current Account Related To The Well-Being Of Japan: Generational Accounts In The Open Economy, Eric O'N. Fisher
Economics
No abstract provided.
Three Business Contexts: From The Technical And Moral, To The Aesthetic, John Dobson
Three Business Contexts: From The Technical And Moral, To The Aesthetic, John Dobson
Finance
No abstract provided.