摘要:

This paper recognizes that government and private final expenditures cannot be modelled in isolation from each other when the expenditure relates to a good such as education which is supplied by both sectors. The inter‐relationships in education expenditure are particularly direct in Australia where the private price of private schooling has been lowered substantially by government grants. Annual data are used to quantify the inter‐relationsh

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1984.tb00868.x

出版商:Blackwell Publishing Ltd    

年代:1984

数据来源: WILEY

摘要:

This paper presents a ‘structural’ balance of trade model which can be interpreted as combining two major building blocks. The first one is identical to the monetary approach to the balance of payments. The second, which explains the price level, consists of the orthodox Scandinavian model of price and wage determination. It is shown that under these assumptions the balance of trade deficit can be broken down into a structural, an imported, and a ‘home‐made’ component. A n empirical illustration of the structural balance of trade model is given for the New Zealan

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1984.tb00869.x

出版商:Blackwell Publishing Ltd    

年代:1984

数据来源: WILEY

摘要:

This paper discusses some of the determinants of the costs of supplying electricity by season, by time of day and by location. A model is constructed of the State Electricity Commission of Victoria grid to illustrate the propositions. It is found that current tariffs bear little relationship to the opportunity costs of supplying electricity.

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1984.tb00870.x

出版商:Blackwell Publishing Ltd    

年代:1984

数据来源: WILEY

摘要:

This study provides some estimates for the following micro effects of inflation: the depreciation effect; the inventory effect; and the net monetary effect. The results indicate that these distributive effects of inflation lead to non‐trivial reallocations of wealth between the different sectors of the economy. Furthermore, the study identifies those industry groups which have benefited from these effects and those industry groups which have ‘lost out’ due to these ef

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1984.tb00871.x

出版商:Blackwell Publishing Ltd    

年代:1984

数据来源: WILEY

摘要:

Walker attended Cambridge in the early 1930s when Keynes was moving toward an expenditure‐oriented explanation of output and employment but had yet to break through to his theory of effective demand. In conveying this thinking to an Australian audience through 1933‐35, and in setting up as a Keynesian critic of depression policy, Walker raised the level of local discourse upon the unemployment problem. In 1936, too, he was quick to novelty in theGeneral Theory;but now others were to carry forward the intellectual revolution that was consummated in war and post‐war pla

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1984.tb00872.x

出版商:Blackwell Publishing Ltd    

年代:1984

数据来源: WILEY

摘要:

This paper develops a theoretical framework for analyzing public funding for arts markets in which both a national‐level arts council and local governments are potential donors. While the arts council is assumed to allocate grants to maximize the expected number of theatres achieving an ‘acceptable’ level of output, the local government is only concerned to maximize its total budget from local tax revenues. Despite this objective, a rationale for local governments to give grants is derived. The total grant allocation to any institution arises as an equilibrium outcome to a game played between the arts council and the relevant local government. Theatre managements take account of this allocation process in making their output decisions. Several empirical propositions are de

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1984.tb00873.x

出版商:Blackwell Publishing Ltd    

年代:1984

数据来源: WILEY

摘要:

Book reviewed in this article:Surveys Of Australian Economics, Volume 3, edited by F. H. GruenReality and Rhetoric, Studies in the Economics of Development, by P. T. BauerThe Economics of Supply and Demand, by L. R. Klein

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1984.tb00874.x

出版商:Blackwell Publishing Ltd    

年代:1984

数据来源: WILEY

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1984.tb00875.x

出版商:Blackwell Publishing Ltd    

年代:1984

数据来源: WILEY

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1984.tb00876.x

出版商:Blackwell Publishing Ltd    

年代:1984

数据来源: WILEY