Journal of Economic Studies: Volume 25 Issue 2

Intra‐industry trade: an Australian panel study

Kathryn Matthews

Intra‐industry trade (IIT) is the simultaneous import and export of goods within the same industry. This paper updates previous work on Australian intra‐industry trade and…

Employment persistence and wage setting in the Greek labour market

Natasha Miaouli

This paper studies the behaviour of employment and real wages in Greek manufacturing 1954‐1993. Since employment dynamics are driven by trade union membership, wage aspirations…

Effects of antitrust enforcement on aggregate concentration

Edward Nissan

Four indexes are employed to measure trends in asset concentration of large business in the United States between 1967 and 1992 using the Fortune 500 data. The paper also…

Human capital and returns to scale

Paul Hansen, Stephen Knowles

Models of endogenous economic growth typically assume that aggregate production is characterised by increasing returns to scale, often as a result of the accumulation of physical…

Sector‐specific sticky wages and wage subsidy: a note

Prabir C. Bhattacharya

This note sketches out the likely effects of a wage subsidy in a model of LDC which systematically incorporates an Informal sector. It is seen that the effects of a wage subsidy…

Environment and Resource Policies for the World Economy

T.D. Williams