Journal of Economic Studies: Volume 12 Issue 4

Sources of Growth in Colombia, 1963–80

F. Desmond McCarthy, James A. Hanson, Soonwon Kwon

In their analysis of the sources of Colombia's notable economic growth over the period 1963–80, the authors find that, although much can be accounted for by growth in labour…

Does Defence Expenditure Mobilise Resources in LDCs?

Saadet Deger

Military expenditure in developing countries is large and rising; its economic effects are a matter of vital concern. This article analyses the impact of military spending on the…

Reform of Tax Reliefs for Owner‐Occupation

P.J. Welham

The article looks at the different distributional patterns of two alternative ways of reforming relief for owner‐occupation in UK, namely the reintroduction of income tax on…

Inflation in Saudi Arabia: An Econometric Investigation

Ali F. Darrat

This article investigates empirically the determinants of inflation in Saudi Arabia using the quarterly time‐series data over the period 1962:1 to 1981:IV. The basis of this…

Managed Floating Exchange Rates, Intervention Policy and Macroeconomic Policies

Ching‐Chong Lai, Wen‐tzong Hsiao, Wen‐ya Chang

Traditionally, international monetary economists focus their attention on the framework of either a pure fixed or a pure flexible exchange rate system. With the demise of the…

A Pedagogical Note on Bond Financing of Government Expenditure

R.L.W. Alpine

The author's use of a dynamic model leads to the conclusion that a necessary condition for a bond‐financed rise in government spending to lead to a new equilibrium level of…

Further Analysis of the Effects of Offshore Assembly Provisions on the US Tariff Structure

Dennis R. Appleyard, Alfred J. Field, Edward Tower

This article conceptually extends a previous analysis of the impact of Offshore Assembly Provisions (OAP) upon Effective Rates of Protection (ERPs). Allowance is made for the fact…