摘要:

ABSTRACTThere is little consensus in the development literature on whether it is supply explanations such as competitiveness levels, or, the external demand structure which drive the link between exports and economic growth. This paper attempts to reconcile the polarization of the aforementioned viewpoints by examining the effects of both world demand and a country's competitiveness in exports on the relationship between export growth and economic growth. The results indicate that only developing countries which are highly competitive and which also face relatively favorable external demand for their exports experience above‐average growth. Weak external demand reduces the positive effects of exports on growth substantially but may be offset by high levels of competitiveness in trade. The results imply that both regional and Third World growth studies on the link between exports and economic growth would profit more from integrating both supply as well as external demand explanations rather than succumb to one of the two viewpoint

ISSN:0017-4815    

DOI:10.1111/j.1468-2257.1994.tb00140.x

出版商:Blackwell Publishing Ltd    

年代:1994

数据来源: WILEY

摘要:

ABSTRACTThis paper examines spatial‐temporal trends in the international system of corporate banking centers. It is evident that the largest corporations locate their headquarters in a formal national decision‐making hierarchy and that national and regional nodes within this hierarchy house the headquarters of major banks. Initially these banks link clients internally. However, as domestic corporations evolve into transnationals, banks follow their customers overseas and establish foreign headquarters. The results of the study indicate that, until 1975, American banking corporations and their financial centers dominated global banking. Since then other countries, most notably Japan and Germany, have successfully challenged this hegemony, while others like the United Kingdom and Canada have been in relative decline. The 1980s witnessed a new era of international coordination of the world's largest industrial countries. Canada, for example, opened its doors to international banking, joined the G‐7, and presently is linked to the world's major banking ce

ISSN:0017-4815    

DOI:10.1111/j.1468-2257.1994.tb00141.x

出版商:Blackwell Publishing Ltd    

年代:1994

数据来源: WILEY

摘要:

ABSTRACTDespite the fact that nonemployment income makes up approximately one‐third of all personal income, its impact on local area economies has not been closely examined. This study uses Michigan county data to examine the impact of nonemployment income on nonbasic income over a twenty‐seven‐year period. This impact is compared to the impact of basic income by employing regression analysis to estimate comparative multiplier effects for both types of income. Nonemployment income is found to have a significant impact on nonbasic income, particularly in metropolitan and nonmetropolitan urban counties, where its impact appears to be stronger than that of basic i

ISSN:0017-4815    

DOI:10.1111/j.1468-2257.1994.tb00142.x

出版商:Blackwell Publishing Ltd    

年代:1994

数据来源: WILEY

摘要:

ABSTRACTInput‐output models are frequently used to estimate impacts, benefits or damages from some event. These analytic models and the questions they are designed to answer are usually based on political definitions of regions. However the true impacts propagate according to the actual spatial pattern of the regional economy. Because of the divergence between the political regions used for analysis and the economic regions on the ground, the economic impacts which spill over political boundaries can sometimes become analytically important. This paper applies these concepts to a case study of allocating irrigation water from the Pecos River in Texas and New Mexico. The U.S. Supreme Court has ruled that New Mexico used water belonging to Texas. Our analysis suggests that the spillover benefits to Texas from New Mexico's use of the water might equal or exceed the benefits which Texas would have gotten from using the water itself. Texas might be better off because New Mexico took its wate

ISSN:0017-4815    

DOI:10.1111/j.1468-2257.1994.tb00143.x

出版商:Blackwell Publishing Ltd    

年代:1994

数据来源: WILEY

摘要:

Book reviewed in this article:TheStructure of aModernEconomy: TheUnitedStates, 1929–89. by Kenneth E. Boulding.InequalityReexamined. Amartya Sen.Work in theFastLane: Flexibility, Divisions ofLabor,andInequality inHigh‐TechIndustries. Glenna Colclough and Charles M. Tolbert II.PersistentPoverty inRuralAmerica. Rural Sociological Society Task Force on Persistent Rural Poverty.DeepDisagreement inU.S. Agriculture: MakingSense ofPolicyConflict. by Christopher Hamlin and Philip T. Shepard.Dividing theWaters: GoverningGroundwater inSouthernCalifornia. William Blomquist.TradingIndustries: TradingRegions. Helzi Noponen, Julie Graham and Ann Markusen, editors.Trading in aNewWorldOrder: TheImpact ofTelecommunications andDataServices onInternationalTrade inServicesby Bruno Lanvin, editor.Exports andLocalDevelopment: Mexico'sNewMaquiladoras. Patricia A. Wilson.LatinAmerica'sTurnaround: Privatization, ForeignInvestment,andGrowth. Paul H. Boeker, editor.TheDynamics ofLiberalization: Tanzania and theIMF by Horace Campbell and Howard Stein, editors.KeynesGeneralTheory ofInterest: A Reconsideration. Fiona C. Maclachlan.Microcomputer‐BasedInput‐OutputModeling: Applications toEconomicDevelopment. Daniel M. Otto and Thomas G. Johnson,

ISSN:0017-4815    

DOI:10.1111/j.1468-2257.1994.tb00144.x

出版商:Blackwell Publishing Ltd    

年代:1994

数据来源: WILEY