Journal of Economic Studies: Volume 25 Issue 3

Does money cause prices, or the other way around?: Multi‐country econometric evidence including error‐correction modelling from South‐east Asia

Attempts to look into the question of causality between money and prices in the context of international comparison in four South‐east Asian developing countries, based on an…

Budget deficits and exchange rates: further evidence from cointegration and causality tests

Attempts to examine the relationship between budget (or public) deficits and exchange rates in eight OECD countries, namely Germany, the UK, Switzerland, Belgium, the Netherlands…

Young’s increasing returns, the factory system and Kaldor’s admonition

Nicholas Georgescu‐Roegen’s analysis of the factory system is used to show how an expanded market makes possible increasing returns in manufacturing, which can in turn lead to the…

Trade liberalization effects on commodity imports in Cameroon

The hypotheses that an increase in relative price elasticities is not associated with increased import substitution and that an increase in income and foreign exchange…

Financial intermediation and economic growth in developing countries

Presents a model that is suitable for evaluating not only the total effects of financial intermediation on economic growth, but also the channels through which the effects are…

Adjustment to the European single market: inferences from intra‐industry trade patterns

In the run‐up to the 1992 single‐market deadline, there were concerns that inter‐industry adjustment pressures among EU member countries would increase. Such expectations were due…

Managing the World Economy: : Fifty Years after Bretton Woods

Managing the Global Economy

International Economic Policy in the 1990s

Corporate Business and Capitalist Classes