摘要:

AbstractThere is no clear consensus as yet concerning the possible regional agglomeration impacts of Japanese Just‐In‐Time manufacturing techniques. This paper attempts to provide a theoretical structure to discussing such questions and then uses a logit model to analyse evidence from the Scottish Electronics Industry. The results provide support to the suggestion not only that the adoption of such techniques within the UK will encourage the shortening of input linkages, but also that this phenmenon is not restricted purely to the case of the automotive indus

ISSN:0036-9292    

DOI:10.1111/j.1467-9485.1996.tb00946.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

ISSN:0036-9292    

DOI:10.1111/j.1467-9485.1996.tb00947.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

AbstractAcid deposition in a present and future cause of biodiversity losses in vulnerable upland areas of Scotland important for nature conservation. However, the exact nature of damages under the status quo, and both the timing and extent of recovery of upland ecosystems if deposition is reduced, are subject to uncertainty. this uncertainty complicates damages cost estimation. In this paper, we have explored the use of CVM to measure the willingness to pay (WTP) of the Scottish population for uncertain recovery/damage scenarios from reduced acid rain deposition. An optimally‐designed referendum format was used utilising the distribution of open‐ended bids from a pilot study to determine bid amounts and sampling size for each bid amount. Eight explanatory variables, including future damage level were selected in a non‐linear step‐wise regression analysis. Average household WTP for abatement of acid rain was £247 and £351 per year when faced with low and high future damage levels respectively. Recovery level and recovery time did not significantly influence WTP. When faced with risky outcomes regarding future damage and recovery level, respondent were found to be risk averse to both environmental gains a

ISSN:0036-9292    

DOI:10.1111/j.1467-9485.1996.tb00948.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

AbstractThis paper analyses the observed phenomenon of public for private fund substitution in industrial assistance, by examining the public and private sector funding of investment under different assumptions about the nature of the private capital market. This bears on the effectiveness of industrial subsidies, and has implications for welfare and the design of optimal assistance contracts. It is shown that fund substitution depends crucially on the elasticity of investment with respect to the user cost of capital in the without‐subsidy position, and on the nature of any amount and rate constraints on the assistance contrac

ISSN:0036-9292    

DOI:10.1111/j.1467-9485.1996.tb00949.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

AbstractVariations in company taxes are analysed for a right‐to‐manage model, an efficient bargaining setting and a seniority approach. Taxes cannot be shifted forward by the risk‐neutral firm. Alternative income and bargaining power are allowed to vary with taxes. Employing asymmetric Nash solution it is found that changes in a payroll, revenue or profit tax can have differing implications for labour demand curve models and efficient bargaining solutions. This distinction might provide a novel basis for empirical work. Variations in bargaining power and‐within a labour demand curve setting‐the union's objective function do not chang

ISSN:0036-9292    

DOI:10.1111/j.1467-9485.1996.tb00950.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

AbstractThis paper investigates the macroeconomic effects of switching the tax burden from direct to indirect taxes in an empirical model based on 22 OECD countries. The Engle‐Yoo three step procdure is employed to estimate both the short and long run effects of such a tax switch. The results reveal that a switich from direct to indirect taxes is likely to generate efficiency gans in the short run which lead to higher levels of aggragate output. However, for the majority of countries in the sample the tax changes have no impact on the level of economic activity in the long ru

ISSN:0036-9292    

DOI:10.1111/j.1467-9485.1996.tb00951.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

AbstractThis article prints two hitherto unknown letters by Adam Smith to Henry Beaufoy (1750‐95), MP for Great Yarmouth, concerning legislation that beaufoy and William Pitt had promoted. In the first letter (14 November 1786) Smith comments on changes to existing customs and exicese regulations(26 Geo. III c.49 and c.59), and implicitly takes some credit for legislation concerning the hering fishery (25 Geo. III c.65, 26 Geo. III c.81, 27 Geo. III c.10). In the second letter (29 January 1787) Smith expresses considerable pessimism about the philanthropic proposals of the British Fisheries Society to build fishing villages in the Highlands and Islands of Scotlan

ISSN:0036-9292    

DOI:10.1111/j.1467-9485.1996.tb00952.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

Book reviewed in this article:ATHOL FITZGIBBONS, Adam Smith's System of Liberty, Wealth and Virtue: The Moral and Political Foundations of The Wealth of Nations.RICHARD G. BROOKS, Health Status Measurement: a perspective on change, Basingstoke.GEORGE BLAZYCA and JANUSZ DABROWSKI (eds), Monitoring Economic Transition.

ISSN:0036-9292    

DOI:10.1111/j.1467-9485.1996.tb00953.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY