Table of contents
AN HISTORICAL SURVEY OF THE EARLY DEBATE ON CONSUMER'S SURPLUS THEORY
K.J. BUTTONConsumer's surplus now plays an important role in public sector investment analysis (notably social cost‐benefit analysis) and is central to much of modern welfare economic…
IMPORT SUBSTITUTION v. EXPORT PROMOTION IN THE CENTRAL AMERICAN COMMON MARKET (CACM)
V. BULMER‐THOMASIndustry, which in the 1960s was assumed to have made a major contribution to the growth of the Central American Common Market (CACM), has since 1968 lost its dynamism. Its…
STARTS AND COMPLETIONS OF PRIVATE DWELLINGS: FOUR MODELS OF DISTRIBUTED LAG BEHAVIOUR
V.K. BOROOAHThe distributed lag relationship between completions and starts of private dwellings in the U.K. has been studied by Whitehead (1971, 1974) and Hadjimatheou (1976), the typical…
INTERNAL AND EXTERNAL BALANCE — PROBLEMS OF INTERPRETATION
RONALD SHONEThe literature discusses “internal balance” and “external balance” (hereafter labelled IB and XB respectively) as if they are clearly defined concepts. If an economy is to achieve…
A “POST‐KEYNESIAN” ALTERNATIVE TO “KEYNESIAN” MACROMODELS: A Post‐Keynesian Macromodel
THANOS SKOURASThis paper presents, both diagrammatically and algebraically, a two‐sector model that exemplifies and shares some of the basic characteristics to be found in the work of Kalecki…
ISSN:
0144-3585Online date, start – end:
1974Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Prof Mohsen Bahmani-Oskooee