Economics Books

Book SynopsisKorea has played, and will increasingly play, an important role in the future development of the South East Asian region, including the expansion of regional economic cooperation and interregional trade. Indeed Korea has been a leading proponent of the idea of ASEAN+3. Clearer understanding of this economy, its major contemporary policy and reform issues and its future, are of particular interest from both regional and global perspectives.A remarkable recovery of the post-crisis Korean economy occurred, but questions over its sustainability remain. Korea, therefore, stands at an important economic crossroads. This opportune book draws upon the knowledge of a wide range of experienced Korean economists and specialists to cover in detail many specific sectors and policy areas, ranging from the key reform sectors - financial, corporate, and public and the labour market, to that of monetary and exchange rate policies. The role and contribution of the 'new economy' is also examined along with developments in Korea's trade and foreign direct investment, free trade agreement policy, inter-Korean economic relations, and the core ingredients of a 'new' growth and economic development paradigm.Scholars and researchers of comparative economics as well as more specifically contemporary Korean and Asian economic, development and financial studies will find this book of great interest.Table of ContentsContents: Part I: Introduction 1. Introduction 2. Lessons from the Korean Financial Crisis Part II: Reform and Policies 3. Financial Sector Reform 4. Corporate Restructuring in the Wake of the Financial Crisis 5. Reforming the Korean Labour Market and Social Safety Net: Key Pending Issues 6. Public Sector Reforms 7. Monetary and Exchange Rate Policies Part III: Other Issues 8. A New Economy for Korea 9. Post-Crisis Foreign Trade and Foreign Investment in Korea: Korea’s Recovery and Challenges Ahead 10. Korea’s Embrace of Regionalism and Economic Effects of its Bilateral FTAs with Chile and Japan 11. A Development Strategy for the North Korean Economy Part IV: Prospects 12. A New Paradigm for the Korean Economy: Advanced State Development (ASD) Model Approach 13. Towards a New Economic Development Model for Korea Index

Read more less

Book SynopsisPresenting a selection of innovative research contributions written by some of the best-known academics in the field, The Economics of Copyright covers issues that are at the forefront of the implementation and management of copyright.The book touches on all aspects of copyright management including the effects of copyright piracy, optimal contractual arrangements between authors and publishers, copyright and antitrust issues, and collective management of copyright. This selection of papers not only shows how fruitful the study of copyright from an economic theory perspective has been, but they also clearly indicate the directions (and analytical tools) that will be of principal interest over the next few years, as research in this area flourishes.Both legal scholars specialising in intellectual property and applied economics scholars will find this book of importance, as will organisations dealing with the management and protection of intellectual property rights. The book will also be good reading for any advanced university course dealing with the economics of copyright.Trade Review'With references to numerous works and covering latest developments in the field of copyright, the authors of this book propose solutions inspired by economic theory. It is a complex and interesting work, both for lawyers and economists, permitting a greater understanding of the economics of copyright.' -- e-Copyright Bulletin'In this book, the editors have assembled ten well-researched, insightful and accessible papers which cover the important issues relating to economics and copyright. In doing so, they have created a rich resource on current theories, which also indicates future areas of research. Due to the intensity of the subject matter and subsequent theoretical debates, the book would be of interest to those in academic circles or with a keen interest and understanding of the area.' -- Catherine Lee, Copyright Reporter'In contrast to patent law, copyright law has been rather neglected by economists, and the book edited by Gordon and Watt will go a distance toward righting the balance. The topics are varied, the economic analysis in them both rigorous and accessible.' -- Richard A. Posner, United States Court of Appeals for the Seventh Circuit and University of Chicago Law School, US'A valuable and intelligent compendium of analyses of an issue that is likely to prove increasingly crucial for economic efficiency and the general welfare. To those not conversant with the literature, the book is full of surprising and stimulating insights and analytic avenues. It takes us well beyond the obvious tradeoff between the benefits of stimulus of creativity and ease of dissemination that is the central issue, but by no means the only important issue for rules designed to protect intellectual property.' -- William J. Baumol, New York University and Princeton University, USTable of ContentsContents: Preface by Richard Watt Introduction by Wendy J. Gordon 1. Back to the Future: Can Copyright Owners Appropriate Revenues in the Face of New Copying Technologies? 2. Pricing Information Goods in the Presence of Copying 3. Piracy, Asymmetric Information and Product Quality 4. Copyright Policy, Cultural Policy and Support for Artists 5. Efficient Distribution of Copyright Income 6. Innovation of Music 7. Copyright and Antitrust Issues 8. Self-help Systems: Good Substitutes for Copyright or New Barriers to Competition? 9. The Market for Intellectual Property: The Case of Complementary Oligopoly 10. Are Copyright Collecting Societies Efficient Organisations? An Evaluation of Collective Administration of Copyright in Europe Index

Read more less

Book SynopsisEducation has become an increasingly important activity within all economies; from pre-school years groups through to continuing education and retraining, the accumulation of skills spans a lifetime. Economic Principles for Education looks at all the major areas of economics, applying them to education.Human capital theory is discussed and evidence on rates of return and the benefits of training is presented. The demand for education is described, with an assessment of how pervasive wealth effects are in education systems. The author discusses the efficiency of education providers, including teacher supply, and identifies the optimal rules for teacher deployment. Education markets, the role of governments and the macroeconomics of education are all considered along with the key social benefits of education.Using evidence from a range of countries, but particularly the UK and the US, Clive Belfield provides an appreciation of the depth and breadth of the literature of the economic study of education in one easily accessible volume. This will be a valuable text for scholars of economics and education, and will be welcomed by all those interested in obtaining an overview of the field and in understanding the key principles economists use.Trade Review'There is an extensive discussion of much of the available literature on teacher supply. Similarly, there is good coverage of many other topics within the current field of education economics, such as student loans and vouchers. . . This book represents a useful stepping stone along the path of demonstrating the value of applying economic analysis to many key issues in education.' -- David J. Mayston, Education Economics'Belfield's book is a valuable addition to the literature in the economics of education: it provides an up-to-date and critical comment on the major developments that have taken place in the subject in recent years as well as presenting an insightful treatment of most of the traditional topics found in the "classics" by writers such as Blaug (1970) and Cohn and Geske (1990). It is a readable book. . . the book is a very useful addition to the literature and one I shall certainly encourage my students to read.' -- John Mace, Higher Education Review'. . . I would wholeheartedly recommend this book to my students. . .' -- George Psacharopoulos, International Journal of Educational Development'Belfield's considerable effort is praiseworthy. The book is well written, comprehensive, authoritative, and current. It is an excellent book for students with a good background in economic theory who take a course in the economics of education. It is also a marvelous source for academics in economics and related fields to learn or refresh their knowledge about the field.' -- E. Cohn, Economics of Education Review'The importance of this volume stems from the fact that it is dedicated solely to the economics of education for use as a college textbook. It brilliantly and cautiously sums up most economic issues of education in its pages. Despite its academic inclination. . . it is simple enough to be an important reference for education policy makers and various national and international agencies that deal with education. . . I found the book to be enlightening and useful. . .' -- A.F. Alhajji, The Journal of Energy and Development'. . . thanks to Belfield's pioneering work, the most recent theoretical and international empirical work in the economics of education has been gathered into a comprehensive and thoughtful book that will serve students and researchers in this subdiscipline for years to come. Rather than simply present the material as a collection of empirical evidence, the author successfully integrates the supporting superstructure of economic theory into the discussion. . . Throughout, the analysis is both thoughtful and comprehensive, and the writing is highly polished, making this a real "must-have" for any serious researcher in the economics of education. Highly recommended for undergraduate, graduate, and research collections.' -- F. Galloway, Choice'Erudite and comprehensive, Belfield's book is set to become the text and reference book of choice in the economics of education. The impressive amount of recent theoretical and international empirical work reported here illustrates vividly just how far the sub-discipline has come in the last decade. Belfield has shown, very persuasively, just how and why economic theory and argument can be marshalled to meet the aims of educational policy.' -- Professor Geraint Johnes, Lancaster University Management School, UKTable of ContentsContents: Preface 1. The Application of Economics to Education 2. Human Capital and Education 3. The Theory of Enrolment Choice 4. The Theory of the Enterprise 5. Evidence on Education Enterprises 6. Factor Inputs 7. The Theory of the Market 8. The Role of Government in Education 9. Aggregate Effects of Education 10. Education Policy Using Economics References Index

Read more less

Book SynopsisGlobalisation and social transformation theorists have paid significantly less attention to the movement of people than they have to the movement of capital. This book redresses the balance and provides timely insights into recent developments in return skilled migration in four regions in the Asia Pacific - Bangladesh, China, Taiwan and Vietnam. The authors believe that the movement of skilled migrants, and the tacit knowledge they bring with them, is a vital component in the process of globalisation.The authors examine the patterns and processes of return migration and the impacts it can have on migrants, their families and communities (including gender relations), as well as the effects on both the original source country and the host country. They highlight the many considerations which can influence the decision to return home, including social factors, career-related prospects, and the economic and political environment. Government policies in facilitating return migration through the promotion of entrepreneurship, education and training can also play a crucial role. In the long term, fears of a 'brain drain', under certain circumstances, may be replaced by the prospect of a 'brain gain' or 'global brain circulation', where emigration and immigration (or return migration) co-exist and are supplemented by short-term circulatory movements as a country becomes more integrated into the global economy.This is a pioneering comparative study of return migration in the Asia Pacific based on original primary data. Researchers, academics and students interested in migration, globalisation, demography and social transformation will find this a valuable and highly rewarding book.Trade Review'This edited volume is timely and is probably the first to survey the increasingly prominent phenomenon of return skilled migration in the Asia Pacific. Comprising country-specific studies on Bangladesh, China, Taiwan, and Vietnam, the various contributors seek to capture the nuances of the 'brain drain reversal' and the impact on their home economies as well as the host countries. . . The value of this volume also lies in its being empirically rich. The use of primary data involving a conscious engagement with common methodology and a comparative perspective allows for a 'common language' with which to make comparisons and longitudinal assessments on the developing patterns and trends of return migration.' -- Eugene K.B. Tan, Ethnic and Racial Studies'There are few studies on return migration in general and even fewer on migrants who have returned to their home countries in the Asian and Pacific region. Much is heard about "brain drain' but much less about "brain drain reversal". This book is to be welcomed as the first multi-country study to be published on the return of skilled and business migrants and the impact that they can have on their home economies in Asia and the Pacific. That impact is shown to be various and to change over time, the contributions clearly varying depending upon the nature of the environments to which the migrants have returned. The book presents valuable material from Bangladesh, China, Taiwan and Viet Nam, together with a contextual analysis of migrant communities from these economies in Australia.' -- Ronald Skeldon, University of Sussex, UKTable of ContentsContents: Preface 1. Introduction 2. The View from Australia 3. Bangladesh: Return Migration and Social Transformation 4. China: Government Policies and Emerging Trends of Reversal of the Brain Drain 5. Taiwan: Significance, Characteristics and Policies on Return Skilled Migration 6. Vietnam: Emergence of Return Skilled Migration 7. Socioeconomic Impacts of Return Migration: Developing a Comparative Framework 8. Conclusion References Appendices Index

Read more less

Book SynopsisGlobalization, new technologies and evolving organizational and management models pose a significant challenge to industrialized countries. Instead of relying on the traditional techno-organizational paradigm, they have had to search for new development paths to ensure further growth and social welfare. Finland is one of the few nations that has been able to meet this challenge successfully and, as such, can be regarded as a model case study from which other countries can learn how to manage this fundamental transition process. In an astonishingly short period of time, Finland has developed into one of the world's leading knowledge societies whilst retaining a comprehensive welfare state. The book traces this rapid transformation from a resource-based to a knowledge-based society. The authors describe the country's strengths and weaknesses in the new economy and demonstrate how Finland has been able to catch-up with the leading industrial countries by exploiting new techno-organizational opportunities. Experts from different fields provide rich empirical material on Finnish industries, firms, regions and institutions, and the role they have played in the transformation process. The book also details the business and economic restructuring which was required, and explores new trends in the country's science, technology and innovation policy.Embracing the Knowledge Economy offers a comprehensive appraisal of the management of Finland's transition to a knowledge society. Business managers, policymakers and scholars in the fields of institutional economics, innovation management and political science will welcome this coherent description of Finland's successful search for a new development path.Table of ContentsContents: Preface Part I: Conceptual Aspects Part II: Industries and Firms Part III: Regions and Institutions Part IV: The National Level Index

Read more less

Book SynopsisThis research review covers the main theories and justifications for and against state intervention as they have developed over two centuries. It also incorporates an institutional approach to the role of the state in enforcing "the rules of the game" of the economy as well as examining specific issues including market failure, rent-seeking and regulation. Economists and political scientists alike will find this to be the ideal guide to the classic and modern arguments surrounding the state's role in the economy.Table of ContentsContents: Acknowledgements Introduction Peter J. Boettke and Peter T. Leeson PART I CLASSICAL ARGUMENTS FOR LAISSEZ FAIRE 1. David Hume (1985 [1777]), ‘Of the Independency of Parliament’, in Eugene F. Miller (ed.), Essays: Moral, Political, and Literary, Essay VI, Indianapolis, IN, USA: Liberty Fund, Inc., 42–46 2. David Hume (2000), ‘Of the Origin of Justice and Property’, ‘Of the Rules, Which Determine Property’ and ‘Of the Transference of Property By Consent’, in David Fate Norton and Mary J. Norton (eds), A Treatise of Human Nature, Book 3: Part 2: Section 2, Section 3 and Section 4, Oxford, UK and New York, NY, USA: Oxford University Press, 311–31 3. Adam Smith (1961 [1776]), ‘Of the Sources of the General or Public Revenue of the Society’, in Edwin Cannan (ed.), An Inquiry into the Nature and Causes of the Wealth Of Nations, Book V, Chapter II, London, UK: Methuen & Co. Ltd, 341–440 4. Frédéric Bastiat (1850 [2007]), The Law, Auburn, AL: Ludwig von Mises Institute, 1–55 5. Jean-Baptiste Say (2001 [1880]), ‘Of the Effect of Government Regulations Intended to Influence Production’, in A Treatise on Political Economy, Book I, Chapter XVII, Ontario, Canada: Batoche Books, [translated by C.R. Prinsep], 60–83 6. Simon Newcomb (1870), ‘The Let-Alone Principle’, North American Review, CCXXVI (226), January, 1–33 7. Herbert Spencer (1981 [1843]), ‘The Proper Sphere of Government’, in The Man Versus the State: With Six Essays on Government, Society, and Freedom, Indianapolis, IN, USA: Liberty Fund, Inc., 181–263 PART II CRITICS OF LAISSEZ FAIRE 8. John Stuart Mill (1909 [1848]), ‘Of the Grounds and Limits of the Laisser-faire or Non-interference Principle’, in Principals of Political Economy with Some of Their Applications to Social Philosophy, Book IV, Chapter XI, London, UK: Longmans, Green and Co., 304–46 9. John Maynard Keynes (2012 [1926]), ‘The End of Laissez-Faire’, in Elizabeth Johnson and Donald Moggridge (eds), The Collected Writings of John Maynard Keynes. Volume IX: Essays in Persuasion, Cambridge, UK and New York, NY, USA: Cambridge University Press, 272–94 10. R.G. Tugwell (1932), ‘The Principle of Planning and the Institution of Laissez Faire’, American Economic Review, 22 (1), March, 75–92 11. J.E. Meade (1954), ‘External Economies and Diseconomies in a Competitive Situation’, Economic Journal, 62 (245), March, 54–67 12. Paul A. Samuelson (1954), ‘The Pure Theory of Public Expenditure’, Review of Economics and Statistics, 36 (4), November, 387–9 13. Francis M. Bator (1958), ‘The Anatomy of Market Failure’, Quarterly Journal of Economics, 72 (3), August, 351–79 14. George J. Stigler and Paul A. Samuelson (1963), ‘A Dialogue on the Proper Economic Role of the State’, Selected Papers No. 7, Graduate School of Business, University of Chicago, 3–39 PART III THE RESTATEMENT OF LAISSEZ FAIRE 15. Ludwig von Mises (2005), ‘Liberal Economic Policy’, Liberalism: The Classical Tradition, Chapter 2, Indianapolis, IN, USA: Liberty Fund, Inc., 37–75 16. Friedrich A. Hayek (1980), ‘Individualism: True and False’, in Individualism and Economic Order, Chapter I, Chicago, IL, USA and London, UK: University of Chicago Press, 1–32 17. R.H. Coase (1959), ‘The Federal Communications Commission’, Journal of Law and Economics, II, October, 1–40 18. R.H. Coase (1960), ‘The Problem of Social Cost’, Journal of Law and Economics, III, October, 1–44 19. Murray N. Rothbard (1974), ‘The Anatomy of the State’, in Egalitarianism as a Revolt Against Nature and Other Essays, Washington, DC, USA: Libertarian Review Press, 34–53 20. James M. Buchanan (1976), ‘The Justice of Natural Liberty’, Journal of Legal Studies, 5 (1), January, 1–16 21. Gordon Tullock (1967), ‘The Welfare Costs of Tariffs, Monopolies, and Theft’, Western Economic Journal, 5 (3), June, 224–32 22. Armen A. Alchian (2006), ‘Some Economics of Property Rights’, in The Collected Works of Armen A. Alchian, Volume 2: Property Rights and Economic Behavior, Part 1, Indianapolis, IN, USA: Liberty Fund, Inc., 52–67 23. Mancur Olson (1993), ‘Dictatorship, Democracy, and Development’, American Political Science Review, 87 (3), September, 567–76 PART IV MODERN POLITICAL ECONOMY OF LAISSEZ FAIRE 24. David Friedman (1989), ‘What is Anarchy? What is Government?’, in The Machinery of Freedom: Guide to a Radical Capitalism, Chapter 28, New Rochelle, NY, USA: Arlington Publishers, 151–4 25. Jack Hirshleifer (1995), ‘Anarchy and its Breakdown’, Journal of Political Economy, 103 (1), February, 26–52 26. Avinash K. Dixit (2004), ‘Economics With and Without the Law’, in Lawlessness and Economics: Alternative Modes of Governance, Chapter 1, Princeton, NJ, USA and Oxford, UK: Princeton University Press, 1–23, references 27. James E. Rauch (2005), ‘Getting the Properties Right to Secure Property Rights: Dixit’s Lawlessness and Economics’, Journal of Economic Literature, XLIII (2), June, 480–7 28. Timothy Frye and Andrei Shleifer (1997), ‘The Invisible Hand and the Grabbing Hand’, American Economic Review, 87 (2), May, 354–8 29. Andrei Shleifer (2009), ‘The Age of Milton Friedman’, Journal of Economic Literature, XLVII (1), March, 123–35 30. Daron Acemoglu and Simon Johnson (2005), ‘Unbundling Institutions’, Journal of Political Economy, 113 (5), October, 949–95 31. Barry R. Weingast (1995), ‘The Economic Role of Political Institutions: Market-Preserving Federalism and Economic Development’, Journal of Law and Economic Organization, 11 (1), April, 1–31 Index

Read more less

Book SynopsisThis two-volume collection presents the most important recent articles on empirical issues in industrial organization, related primarily to the analysis of imperfect competition. The papers cover empirical analysis of non-cooperative and cooperative oligopoly, auctions, differentiated product markets, dynamic competition and entry, plus selected work on innovation, vertical contractual relationships, and incentive issues. New research in these areas relies on detailed data for specific industries, typically integrates modern imperfect competition theory into the empirical specifications, commonly uses structural empirical models derived directly from microeconomic theory, and applies modern econometric techniques. This work and the associated techniques play an increasingly important role in antitrust policy, market design and in newly deregulated markets. This collection provides an easily accessible source of the key papers on these topics, which are otherwise not readily available. Empirical Industrial Organization will be of interest to policymakers as well as academics and students.Trade Review'These two volumes offer a carefully selected set of contributions to empirical industrial organization. Replete with classics, but resolutely forward-looking, they provide the reader with both methodological tools and insights into the working of many imperfectly competitive markets of our modern economies. A must-read for anyone interested in industrial organization.' -- Jean Tirole, Institut d'Economie Industrielle, University of Toulouse, FranceTable of ContentsContents: Volume I Acknowledgements Introduction Paul L. Joskow and Michael Waterson PART I STATIC COMPETITION AND MARKET POWER 1. Severin Borenstein (1989), ‘Hubs and High Fares: Dominance and Market Power in the U.S. Airline Industry’ 2. David Genesove and Wallace P. Mullin (1998), ‘Testing Static Oligopoly Models: Conduct and Cost in the Sugar Industry, 1890–1914’ 3. Richard J. Green and David M. Newbery (1992), ‘Competition in the British Electricity Spot Market’ 4. Catherine D. Wolfram (1999), ‘Measuring Duopoly Power in the British Electricity Spot Market’ 5. Severin Borenstein, James B. Bushnell and Frank A. Wolak (2002), ‘Measuring Market Inefficiencies in California’s Restructured Wholesale Electricity Market’ 6. Judith A. Chevalier (1995), ‘Capital Structure and Product-Market Competition: Empirical Evidence from the Supermarket Industry’ PART II PRODUCT DIFFERENTIATION AND PRICE DISPERSION 7. Steven Berry, James Levinsohn and Ariel Pakes (1995), ‘Automobile Prices in Market Equilibrium’ 8. Jerry A. Hausman and Gregory K. Leonard (2002), ‘The Competitive Effects of a New Product Introduction: A Case Study’ 9. Aviv Nevo (2000), ‘Mergers with Differentiated Products: The Case of the Ready-to-eat Cereal Industry’ 10. Alan T. Sorensen (2000), ‘Equilibrium Price Dispersion in Retail Markets for Prescription Drugs’ 11. Severin Borenstein and Nancy L. Rose (1994), ‘Competition and Price Dispersion in the U.S. Airline Industry’ 12. Pinelopi Koujianou Goldberg and Frank Verboven (2001), ‘The Evolution of Price Dispersion in the European Car Market’ PART III DYNAMIC COMPETITION, COLLUSION AND STRATEGIC INTERACTION 13. Timothy F. Bresnahan (1987), ‘Competition and Collusion in the American Automobile Industry: The 1955 Price War’ 14. Margaret E. Slade (1987), ‘Interfirm Rivalry in a Repeated Game: An Empirical Test of Tacit Collusion’ 15. Robert H. Porter (1983), ‘A Study of Cartel Stability: The Joint Executive Committee, 1880–1886’ 16. Glenn Ellison (1994), ‘Theories of Cartel Stability and the Joint Executive Committee’ 17. Margaret E. Slade (1995), ‘Product Rivalry with Multiple Strategic Weapons: An Analysis of Price and Advertising Competition’ 18. Satwinder Singh, Michael Utton and Michael Waterson (1998), ‘Strategic Behaviour of Incumbent Firms in the UK’ Name Index Volume II Acknowledgements An introduction by the editors to both volumes appears in Volume I PART I COMPETITIVE ENTRY AND MARKET STRUCTURE 1. Timothy F. Bresnahan and Peter C. Reiss (1991), ‘Entry and Competition in Concentrated Markets’ 2. Steven T. Berry (1992), ‘Estimation of a Model of Entry in the Airline Industry’ 3. Michael D. Whinston and Scott C. Collins (1992), ‘Entry and Competitive Structure in Deregulated Airline Markets: An Event Study Analysis of People Express’ 4. Steven T. Berry and Joel Waldfogel (1999), ‘Free Entry and Social Inefficiency in Radio Broadcasting’ 5. Otto Toivanen and Michael Waterson (2000), ‘Empirical Research on Discrete Choice Game Theory Models of Entry: An Illustration’ 6. John Sutton (1991), ‘Econometric Evidence’ 7. John Sutton (1997), ‘Gibrat’s Legacy’ PART II AUCTIONS 8. Kenneth Hendricks and Robert H. Porter (1988), ‘An Empirical Study of an Auction with Asymmetric Information’ 9. Robert H. Porter and J. Douglas Zona (1993), ‘Detection of Bid Rigging in Procurement Auctions’ 10. Susan Athey and Jonathan Levin (2001), ‘Information and Competition in U.S. Forest Service Timber Auctions’ 11. Robert H. Porter (1995), ‘The Role of Information in U.S. Offshore Oil and Gas Lease Auctions’ 12. Nils-Henrik Mørch von der Fehr and David Harbord (1993), ‘Spot Market Competition in the UK Electricity Industry’ 13. Catherine D. Wolfram (1998), ‘Strategic Bidding in a Multiunit Auction: An Empirical Analysis of Bids to Supply Electricity in England and Wales’ PART III TECHNOLOGICAL INNOVATION AND NEW PRODUCTS 14. Ariel Pakes (1986), ‘Patents as Options: Some Estimates of the Value of Holding European Patent Stocks’ 15. Nancy L. Rose and Paul L. Joskow (1990), ‘The Diffusion of New Technologies: Evidence From the Electric Utility Industry’ 16. Garth Saloner and Andrea Shepard (1995), ‘Adoption of Technologies with Network Effects: An Empirical Examination of the Adoption of Automated Teller Machines’ 17. Manuel Trajtenberg (1989), ‘The Welfare Analysis of Product Innovations, with an Application to Computed Tomography Scanners’ 18. Amil Petrin (2002), ‘Quantifying the Benefits of New Products: The Case of the Minivan’ PART IV VERTICAL RELATIONSHIPS AND INCENTIVES 19. Paul L. Joskow (1987), ‘Contract Duration and Relationship-Specific Investments: Empirical Evidence from Coal Markets’ 20. Francine Lafontaine and Kathryn L. Shaw (1999), ‘The Dynamics of Franchise Contracting: Evidence from Panel Data’ 21. Andrea Shepard (1993), ‘Contractual Form, Retail Price, and Asset Characteristics in Gasoline Retailing’ 22. Timothy F. Bresnahan and Peter C. Reiss (1985), ‘Dealer and Manufacturer Margins’ 23. Judith Chevalier and Glenn Ellison (1997), ‘Risk Taking By Mutual Funds as a Response to Incentives’ Name Index

Read more less

Book SynopsisExplaining the Economic Success of Singapore explores the transformation of Singapore in the last three decades, going beyond the conventional explanations. The book argues that there was more to the transformation than a simple 'right place, right time' scenario as other developing countries benefited from similar multinational corporation investment and political stability but did not achieve the same success. Johnny Sung illustrates what differentiates Singapore from these other similar countries.This book argues that both neo-classical economic theory and early versions of the developmental state theory have contributed little to understanding the nature of worker participation in Singapore's 'miracle growth' period. By developing a complementary concept - the developmental worker - the book examines the socio-political context in which workers became central to the national growth strategy and its skill formation projects. It further argues that one of the most important achievements of the developmental state is its ability to systematically embed the skill formation process through building innovative worker stake-holding while explicitly recognising the importance of social commitment for economic growth.Providing important lessons for workforce development policies, this book will appeal to workforce development policy makers, researchers, academics of labour studies, Asian studies and political science, as well as consultants advising on workforce matters.Trade Review'. . . serious, useful and interesting volume. It is readable, original, creative and well researched. In analyzing Singapore's experience the author provides a superb case study. Moreover, in providing it, by venturing beyond the narrow confines of his case study Sung also makes points that are pertinent to the efficacy of development processes generally, including in newer, lower income and/or transitional economies. . . this reviewer recommends the book enthusiastically and without reservation.' -- Robert L. Curry, Jr., Journal of Asian Business'Recommended. Upper-division undergraduate through professional collections.'- B.F. Hope, ChoiceTable of ContentsContents: 1. Introduction 2. Competing Theories of Economic Development in the Social Sciences – The Dichotomy of Market vs the State 3. Singapore as a Developmental State: Workforce Development and the Emergence of the ‘Developmental Worker’ 4. The Theoretical Considerations of the Developmental Worker Model 5. Singapore as a Developmental State: Nation Building, Social Engineering and Workforce Development 6. The Developmental Worker – The Interpretative Understanding Process and its Impact on the Worker–State Relationship 7. The Developmental Worker – Values and Beliefs 8. Conclusions Bibliography Index

Read more less

Book SynopsisThis provocative book challenges traditional tenets about behavioral regulation in society as well as in business. Verner Petersen asserts that attempts to solve ethical problems by creating explicit guidelines, codes and rules discourage individual reflection and responsibility. Likewise, attempts to put important aspects of human life into tabular form, by devising schemes for counting everything that matters, have serious flaws, leading to further erosion of individual responsibility and insight. This book stresses the importance of tacit knowledge, ineffable values and a shared social grammar, as the foundation for individual responsibility and ethical awareness. It shows how the moral fabric of societies may be inculcated, changed and kept alive through individual decisions and actions. Based upon these ideas he argues that the open-endedness of self-regulation is the only viable alternative to modern bureaucratic attempts to regulate and control behavior. Instead of explicit regulation from the outside, putting a leash on a straining economic logic, it argues that this logic can be contained by the self-regulation of business and the responsible entrepreneurship of individual decision-makers. To make this possible Petersen presents a new view of leadership. He shows how spirited leadership can give direction, sense and latitude to employees, and asserts the importance of tacit knowledge and ineffable values for achieving coherence and unity of purpose.Scholars and students interested in management, leadership and ethics will find this well-argued volume intriguing and convincing as will business practitioners, HR professionals and those concerned with public regulation.Trade Review‘Beyond Rules in Society and Business is a wide-ranging, sensible, accessible book. Petersen uses interesting European examples, such as the old tale of Michael Kohlhaas's doomed quest for justice. Because business discourse and practices have been insinuated into virtually all aspects of modern life, the book is highly relevant to media that should be exposing the sort of shortcomings that Peterson describes.' -- Muriel R. Friedman, Journal of Mass Media EthicsTable of ContentsContents: Foreword Prologomena: Strings of Thought Part I: Acute Problems 1. The Erosion of Responsibility 2. Ambiguous Spirals of Decay 3. Deceptive Measures Part II: Tacit Foundations 4. Tacit Knowledge and Understanding 5. Arguments for a Social Grammar 6. Weaving the Moral Fabric Part III: Expressive Actions 7. Containing the Logic 8. Self-Organising Solutions 9. Spirited and Value-Based Leadership References Index

Read more less

Book SynopsisAny technological advance, innovation or economic growth created by an organization is dependent on how that organization's culture and environment fosters or inhibits these developments. This process is further complicated by the global nature of economic activity and differences in national cultures due to country-specific histories, experiences, traditions and rules. The distinguished authors in this important new book aim to study the nature of organizational innovation and change by examining the complex interplay between entrepreneurship, innovation and culture.The book addresses a number of important questions including: why do so many technological firms fail to sustain entrepreneurial spirit?• is a certain mindset required at the level of the individual entrepreneur? do successful entrepreneurial firms need a certain culture and, if so, what elements make up that culture? what role does national culture, corporate culture and professional culture play? are these issues linked to high levels of innovation, technology development, progress and economic growth and, if so, how are they related? The book's broad global perspective and multi-disciplinary analysis will ensure a wide and varied readership amongst academics, researchers and practitioners interested in technological and organizational change, entrepreneurship, innovation management and cultural studies.Table of ContentsContents: 1. Innovation, Entrepreneurship and Culture, A Matter of Interaction between Technology, Progress and Economic Growth? An Introduction 2. Conceptualizing Innovation Management and Culture in the Hong Kong Special Administrative Region (HKSAR): An Exploratory Study of Organization-specific Critical Success Factors 3. Knowledge Management, Institutions and Professional Cultures in Engineering Consulting Services: The Case of Hong Kong 4. Scientometrics and the Evaluation of European Integration 5. Schumpeter’s Theory of Economic Development Revisited 6. Skunk Works: A Sign of Failure, A Sign of Hope? 7. Entrepreneurship and the Design Process: The Paradox of Innovation in a Routine Design Process 8. Culture’s Role in Entrepreneurship: Self-Employment out of Dissatisfaction 9. Towards Cooperation between European Start-ups: The Position of the French, Dutch and German Entrepreneurial and Innovative Engineer 10. Multi-path System Emergence: An Evolutionary Framework to Analyse Process Innovation Index

Read more less

Book SynopsisThis important collection tackles the main developments and contributions by the leading individuals in the field of economic methodology since 1990.Volume one looks at the chief historical developments, including articles on Popper and Lakatos, rhetoric and discourse, realism, constructivism, the economics of science, and symmetry and reflexivity.The second volume focuses on new, leading approaches - feminist economic methodology, postmodernism, and methodological pluralism and open systems thinking - and also covers broad topics of concern - rationality, philosophy of mind, and evolution.Volume three brings together articles explaining the methodological choices of economists, and includes sections on models and assumptions, econometrics, microeconomics and macroeconomics, normative themes, formalism, and history of economics. The volume concludes with a set of discussions on the present state of economic methodology.Trade Review'Since the publication of The Philosophy and Methodology of Economics, edited by Bruce Caldwell, the range of topics and of approaches has greatly expanded, and not only in predictable directions. We now have extensive debates about the scope of the subject (and whether that is itself a set of appearances defined by our interpretations), the processes of theory invention, the social, psychological and economic influences on these processes, including the assumptions and boundaries that are appropriate and the kinds of causal explanations that are acceptable, the importance of persuasion and the role of narrative. Exploration of these conceptual issues is now increasingly complemented by investigations of the variety and evolution of economists' practice; these are not only intrinsically welcome, but may engage the interest of those who shun "methodology". This collection offers a substantial and accessible guide to what has been happening, and should encourage readers to watch out for, and even participate in, further developments.' -- Brian J. Loasby, University of Stirling, UK'In 1993 Elgar published its first collection of articles in the philosophy and methodology of economics. It is a testament to the vibrancy of the field that another is now warranted. Editor Davis is to be commended for his selections. This three-volume set provides a tour of the most important developments in the methodology of economics over the last fifteen years.' -- Bruce J. Caldwell, University of North Carolina, Greensboro, USTable of ContentsContents: Volume I Acknowledgements Introduction John B. Davis PART I POPPER AND LAKATOS 1. Bruce J. Caldwell (1991), ‘Clarifying Popper’ 2. Mark Blaug (1994), ‘Why I am Not a Constructivist: Confessions of an Unrepentant Popperian’ 3. Lawrence A. Boland (1994), ‘Scientific Thinking Without Scientific Method: Two Views of Popper’ 4. Roger E. Backhouse (2004), ‘The Methodology of Scientific Research Programmes’ PART II RHETORIC, DISCOURSE AND LANGUAGE 5. Vivienne Brown (1993), ‘Decanonizing Discourses: Textual Analysis and the History of Economic Thought’ 6. Donald N. McCloskey (1994), ‘How to Do a Rhetorical Analysis, and Why’ 7. Uskali Mäki (1995), ‘Diagnosing McCloskey’ 8. Maurice Lagueux (1999), ‘Do Metaphors Affect Economic Theory?’ PART III REALISM 9. Daniel M. Hausman (1998), ‘Problems with Realism in Economics’ 10. Uskali Mäki (1998), ‘Aspects of Realism about Economics’ 11. Jochen Runde (1998), ‘Assessing Causal Economic Explanations’ 12. Tony Lawson (1999), ‘What Has Realism Got to Do With It?’ PART IV CONSTRUCTIVISM AND SSK 13. D. Wade Hands (1994), ‘Restabilizing Dynamics: Construction and Constraint in the History of Walrasian Stability Theory’ 14. Francesco Guala (2001), ‘Building Economic Machines: The FCC Auctions’ 15. Matthias Klaes (2001), ‘Begriffsgeschichte: Between the Scylla of Conceptual and the Charybdis of Institutional History of Economics’ 16. A.W. Bob Coats (2003), ‘The Sociology of Economics and Scientific Knowledge, and the History of Economic Thought’ PART V ECONOMICS OF SCIENCE 17. Partha Dasgupta and Paul A. David (1994), ‘Toward A New Economics of Science’ 18. James R. Wible (1995), ‘The Economic Organization of Science, the Firm and the Marketplace’ 19. Esther-Mirjam Sent (1999), ‘Economics of Science: Survey and Suggestions’ PART VI SYMMETRY AND REFLEXIVITY 20. Steve Woolgar (1992), ‘Some Remarks about Positionism: A Reply to Collins and Yearley’ 21. Esther-Mirjam Sent (1998), ‘Sargent and the Unbearable Lightness of Symmetry’ 22. Uskali Mäki (1999), ‘Science as a Free Market: A Reflexivity Test in an Economics of Economics’ 23. John B. Davis and Matthias Klaes (2003), ‘Reflexivity: Curse or Cure?’ Name Index Volume II Acknowledgements An introduction to all three volumes by the editor appears in Volume I PART I FEMINIST ECONOMIC METHODOLOGY 1. Julie A. Nelson (1992), ‘Gender, Metaphor, and the Definition of Economics’ 2. Diana Strassmann (1993), ‘The Stories of Economics and the Power of the Storyteller’ 3. Sandra Harding (1995), ‘Can Feminist Thought Make Economics More Objective?’ 4. Tony Lawson (2003), ‘Ontology and Feminist Theorizing’ 5. Edith Kuiper (2004), ‘Critical Realism and Feminist Economics: How Well Do They Get Along?’ PART II MARXISM AND POSTMODERNISM 6. William S. Milberg and Bruce A. Pietrykowski (1994), ‘Objectivism, Relativism and the Importance of Rhetoric for Marxist Economics’ 7. Jack Amariglio and David F. Ruccio (1994), ‘Postmodernism, Marxism, and the Critique of Modern Economic Thought’ 8. Geert Reuten (2000), ‘The Interconnection of Systematic Dialectics and Historical Materialism’ 9. Arjo Klamer (2001), ‘Late Modernism and the Loss of Character in Economics’ 10. S. Charusheela (2004), ‘Postcolonial Thought, Postmodernism, and Economics: Questions of Ontology and Ethics’ PART III METHODOLOGICAL PLURALISM AND OPEN SYSTEMS 11. Sheila C. Dow (1990), ‘Beyond Dualism’ 12. Warren J. Samuels (1997), ‘The Case for Methodological Pluralism’ 13. Brian J. Loasby (2003), ‘Closed Models and Open Systems’ PART IV RATIONALITY 14. Stephen Morris (1995), ‘The Common Prior Assumption in Economic Theory’ 15. Daniel M. Hausman (2000), ‘Revealed Preference, Belief, and Game Theory’ 16. Robin P. Cubitt, Chris Starmer and Robert Sugden (2001), ‘Discovered Preferences and the Experimental Evidence of Violations of Expected Utility Theory’ 17. Shaun Hargreaves Heap (2001), ‘Expressive Rationality: Is Self-Worth Just Another Kind of Preference?’ PART V THE AGENT AND PHILOSOPHY OF MIND 18. John B. Davis (1995), ‘Personal Identity and Standard Economic Theory’ 19. Philip Faulkner (2002), ‘The Human Agent in Behavioural Finance: A Searlean Perspective’ 20. Jack J. Vromen (2003), ‘Cognitive Science Meets Evolutionary Theory: What Implications does Evolutionary Psychology have for Economic Theorising?’ PART VI EVOLUTION 21. Geoffrey M. Hodgson (2002), ‘Darwinism in Economics: From Analogy to Ontology’ 22. Ulrich Witt (2004), ‘On the Proper Interpretation of “Evolution” in Economics and its Implications for Production Theory’ 23. Jack Vromen (2004), ‘Conjectural Revisionary Economic Ontology: Outline of an Ambitious Research Agenda for Evolutionary Economics’ Name Index Volume III Acknowledgements An introduction to all three volumes by the editor appears in Volume I PART I MODELS AND ASSUMPTIONS 1. Uskali Mäki (1992), ‘On the Method of Isolation in Economics’ 2. Nancy Cartwright (1995), ‘Ceteris Paribus Laws and Socio-Economic Machines’ 3. Marcel Boumans (1999), ‘Built-in Justification’ 4. Robert Sugden (2000), ‘Credible Worlds: The Status of Theoretical Models in Economics’ 5. Mary S. Morgan (2001), ‘Models, Stories and the Economic World’ PART II ECONOMETRICS 6. Philip Mirowski (1995), ‘Three Ways to Think About Testing in Econometrics’ 7. Deirdre N. McCloskey and Stephen T. Ziliak (1996), ‘The Standard Error of Regressions’ 8. Kevin D. Hoover and Stephen J. Perez (2000), ‘Three Attitudes Towards Data Mining’ 9. Kevin D. Hoover (2002), ‘Econometrics and Reality’ PART III MICROECONOMICS AND MACROECONOMICS 10. Alan P. Kirman (1992), ‘Whom or What Does the Representative Individual Represent?’ 11. Kevin D. Hoover (2001), ‘Is Macroeconomics for Real?’ 12. Alex Rosenberg (1995), ‘The Metaphysics of Microeconomics’ 13. Roger Backhouse and Andrea Salanti (1999), ‘The Methodology of Macroeconomics’ PART IV NORMATIVE THEMES 14. Amartya Sen (1993), ‘Capability and Well-Being’ 15. Amartya Sen (1995), ‘Rationality and Social Choice’ 16. Philippe Fontaine (1997), ‘Identification and Economic Behavior: Sympathy and Empathy in Historical Perspective’ 17. Philippe Mongin (2001), ‘The Impartial Observer Theorem of Social Ethics’ PART V FORMALISM IN ECONOMICS 18. E. Roy Weintraub (1998), ‘Controversy: Axiomatisches Mißverständnis’ 19. Roger E. Backhouse (1998), ‘If Mathematics is Informal, Then Perhaps We Should Accept That Economics Must Be Informal Too’ 20. D. Wade Hands (2003), ‘Did Milton Friedman’s Methodology License The Formalist Revolution?’ PART VI METHODOLOGY OUT OF HISTORY: THE CASE OF THE JEVONS 21. Harro Maas (2001), ‘An Instrument Can Make a Science: Jevons’s Balancing Acts in Economics’ 22. Julian Reiss (2001), ‘Natural Economic Quantities and their Measurement’ PART VII THE STATE OF ECONOMIC METHODOLOGY 23. E. Roy Weintraub (1989), ‘Methodology Doesn’t Matter, But the History of Thought Might’ 24. Uskali Mäki (1994), ‘Methodology Might Matter, but Weintraub’s Meta-Methodology Shouldn’t’ 25. D. Wade Hands (2001), ‘Economic Methodolgy is Dead – Long Live Economic Methodology: Thirteen Theses on the New Economic Methodology’ Name Index

Read more less

Book SynopsisThis two-volume set brings together a selection of key articles which examine the shadow economy and its relationship with underground activities. The set contains important work on surveys and conceptual considerations, theoretical approaches and policy implications. It further focuses on the empirical results of studies into the shadow economy, and considers tax evasion, tax compliance, tax morale and government institutions. This authoritative publication will be of interest to anyone seeking a comprehensive investigation into the shadow economy.Trade Review‘The literature in both volumes deals with a broad range of detailed recommendations based on theoretical reasoning as well as empirical experience. . . This collection of articles may become the hidden economy reader as it represents a broad and deep international digest right across the most relevant aspects of the subject. A volume III would be useful to catch up with the latest developments in research on the shadow economy.’ -- Wolf Schäfer, Jahrbucher fur Nationalokonomie und StatistikTable of ContentsContents: Volume I Acknowledgements Introduction Shadow Economies Around the World: Some Preliminary Facts and First Policy Conclusions Friedrich Schneider PART I SURVEYS AND CONCEPTUAL ISSUES A Surveys 1. Bruno S. Frey and Werner W. Pommerehne (1984), ‘The Hidden Economy: State and Prospects for Measurement’ 2. Ann D. Witte (1987), ‘The Nature and Extent of Unrecorded Activity: A Survey Concentrating on a Recent US Research’ 3. Friedrich Schneider and Dominik H. Enste (2000), ‘Shadow Economies: Size, Causes, and Consequences’ 4. Klarita Gërxhani (2003), ‘The Informal Sector in Developed and Less Developed Countries: A Literature Survey’ B Conceptual Issues 5. Phillip Cagan (1958), ‘The Demand for Currency Relative to the Total Money Supply’ 6. Bruno S. Frey (1983), ‘Politics, Economics, and the Underground Economy’ 7. Edgar L. Feige (1985), ‘The Meaning of the “Underground Economy” and the Full Compliance Deficit’ 8. David E.A. Giles (1999), ‘Measuring the Hidden Economy: Implications for Econometric Modelling’ 9. James D. Smith (1985), ‘Market Motives in the Informal Economy’ PART II THEORETICAL APPROACHES A Micro-Approaches 10. Peter de Gijsel (1985), ‘A Microeconomic Analysis of Black Labour Demand and Supply’ 11. Reinhard Neck, Friedrich Schneider and Markus Hofreither (1989), ‘The Consequences of Progressive Income Taxation for the Shadow Economy: Some Theoretical Considerations’ 12. James Alm, Gary H. McClelland and William D. Schulze (1992), ‘Why Do People Pay Taxes?’ 13. Marco Fugazza and Jean-François Jacques (2004), ‘Labor Market Institutions, Taxation and the Underground Economy’ B Macro-Approaches 14. V. Ginsburgh, Ph. Michel, F. Padoa Schioppa and P. Piestieau (1985), ‘Macroeconomic Policy in the Presence of an Irregular Sector’ 15. Jim Thomas (1999), ‘Quantifying the Black Economy: “Measurement Without Theory” Yet Again?’ 16. Francesco Busato and Bruno Chiarini (2004), ‘Market and Underground Activities in a Two-sector Dynamic Equilibrium Model’ PART III POLICY IMPLICATIONS 17. Dilip K. Bhattacharyya (1999), ‘On the Economic Rationale of Estimating the Hidden Economy’ 18. Era Dabla-Norris and Andrew Feltenstein (2005), ‘The Underground Economy and its Macroeconomic Consequences’ 19. M.E. Streit (1984), ‘The Shadow Economy: A Challenge to the Welfare State?’ 20. M.C. Adam and V. Ginsburgh (1985), ‘The Effects of Irregular Markets on Macroeconomic Policy: Some Estimates for Belgium’ 21. Friedrich Schneider and Reinhard Neck (1993), ‘The Development of the Shadow Economy under Changing Tax Systems and Structures: Some Theoretical and Empirical Results for Austria’ 22. Christopher Bajada (2003), ‘Business Cycle Properties of the Legitimate and Underground Economy in Australia’ Name Index Volume II Acknowledgements An introduction by the editors to both volumes appears in Volume I PART I EMPIRICAL RESULTS A Micro-Results 1. Simon Johnson, Daniel Kaufmann, John McMillan and Christopher Woodruff (2000), ‘Why do Firms Hide? Bribes and Unofficial Activity after Communism’ 2. Annette Mummert and Friedrich Schneider (2001), ‘The German Shadow Economy: Parted in a United Germany?’ 3. Valerie Braithwaite, Monika Reinhart and Jenny Job (2005), ‘Getting On or Getting By? Australians in the Cash Economy’ B Macro-Results 4. Derek Blades (1982), ‘The Hidden Economy and the National Accounts’ 5. Bruno S. Frey and Hannelore Weck-Hannemann (1984), ‘The Hidden Economy as an “Unobserved” Variable’ 6. Mária Lackó (2000), ‘Hidden Economy – An Unknown Quantity? Comparative Analysis of Hidden Economies in Transition Countries, 1989–95’ 7. Edgar L. Feige (1979), ‘How Big is the Irregular Economy?’ 8. Gebhard Kirchgässner (1983), ‘Size and Development of the West German Shadow Economy, 1955–1980’ 9. Vito Tanzi (1983), ‘The Underground Economy in the United States: Annual Estimates, 1930–80’ 10. Jan Tore Klovland (1984), ‘Tax Evasion and the Demand for Currency in Norway and Sweden. Is there a Hidden Relationship?’ 11. Arne Jon Isachsen and Steiner Strom (1985), ‘The Size and Growth of the Hidden Economy in Norway’ 12. Dennis J. Aigner, Friedrich Schneider and Damaynanti Gosh (1988), ‘Me and My Shadow: Estimating the Size of the U.S. Hidden Economy from Time Series Data’ 13. Edgar L. Feige (1994), ‘The Underground Economy and the Currency Enigma’ 14. M.S.D. Bagachwa and A. Naho (1995), ‘Estimating the Second Economy in Tanzania’ C Shadow Labour Markets 15. Arne Jon Isachsen and Steinar Strøm (1980), ‘The Hidden Economy: The Labor Market and Tax Evasion’ 16. Bruno Contini (1981), ‘Labor Market Segmentation and the Development of the Parallel Economy – The Italian Experience’ 17. Thomas Lemieux, Bernard Fortin and Pierre Frechette (1994), ‘The Effect of Taxes on Labor Supply in the Underground Economy’ 18. Colin C. Williams and Jan Windebank (1995), ‘Black Market Work in the European Community: Peripheral Work for Peripheral Localities?’ 19. Enrico A. Marcelli (2004), ‘Unauthorized Mexican Immigration, Day Labour and Other Lower-wage Informal Employment in California’ PART II RELATED AREAS A Tax Evasion, Tax Compliance 20. Michael G. Allingham and Agnar Sandmo (1972), ‘Income Tax Evasion: A Theoretical Analysis’ 21. Charles T. Clotfelter (1983), ‘Tax Evasion and Tax Rates: An Analysis of Individual Returns’ 22. Werner W. Pommerehne and Hannelore Weck-Hannemann (1996), ‘Tax Rates, Tax Administration and Income Tax Evasion in Switzerland’ 23. James Andreoni, Brian Erard and Jonathan Feinstein (1998), ‘Tax Compliance’ 24. Lars P. Feld and Bruno S. Frey (2007), ‘Tax Compliance as the Result of a Psychological Tax Contract: The Role of Incentives and Responsive Regulation’ 25. Lars P. Feld and Bruno S. Frey (2005), ‘Illegal, Immoral, Fattening or What? How Deterrence and Responsive Regulation Shape Tax Morale’ B Tax Morale 26. Werner W. Pommerehne, Albert Hart and Bruno S. Frey (1994), ‘Tax Morale, Tax Evasion and the Choice of Policy Instruments in Different Political Systems’ 27. Benno Torgler (2005), ‘Tax Morale in Latin America’ 28. Gebhard Kirchgässner (2003), ‘Moral Aspects of Taxation’ C Government Institutions 29. Hans-Georg Petersen (1982), ‘Size of the Public Sector, Economic Growth and the Informal Economy: Development Trends in the Federal Republic of Germany’ 30. Norman V. Loayza (1996), ‘The Economics of the Informal Sector: A Simple Model and Some Empirical Evidence from Latin America’ 31. Jay-Pil Choi and Marcel Thum (2005), ‘Corruption and the Shadow Economy’ Name Index

Read more less

Book SynopsisWhilst all of the major industrialized countries are currently experiencing population ageing, Japan is at the forefront of this demographic trend. This important new book explores the serious economic and social challenges that a rapidly ageing Japanese economy will have to overcome in the first half of the 21st century. Following a comprehensive review of the economics of ageing both in general and in Japan, the authors present a range of future scenarios produced using an integrated economic-demographic model. This unique model integrates demography and the macro-economy, paying special attention to pensions, health care, and long-term care. The results reveal that, even if future demographic trends are more favourable than predicted, Japan will still experience a slowdown of economic growth, reduced savings, and rising costs of pensions, health care and long-term care. However, with appropriate policy measures and rapid implementation, the authors believe that a situation in which both young and old continue to experience long-term improvements in well-being remains possible.This book is arguably the best available English language survey on the economic implications of population trends in Japan. It will be widely read by researchers of economics, demography, public policy and public finance, and will also provide useful supplemental reading for graduate or upper undergraduate courses in economics, social policy, and Asian studies.Trade Review'. . . an excellent synthesis of the economics of population aging in high-income countries, with a focus on the unique situation of Japan.' -- Population and Development Review'This book should serve to guide future discussion about the relationship between population aging and its economic effects in Japan.' -- Miki Arimori, Journal of Pension Economics and Finance'. . . a thorough and insightful analysis of the challenges posed by population ageing. Important to those interested in the future of Japan and the other industrialized countries of the world.' -- Andrew Mason, East-West Center and University of Hawaii, US'This insightful book sets an economic policy agenda that can help guarantee the long-term viability of a society whose age structure is heavily weighted towards the old.' -- Paul Demeny, Population Council, USTable of ContentsContents: Preface 1. The Economics of Population Ageing 2. Population Ageing in Japan 3. An Economic–Demographic Simulation Model for Japan 4. Economic Impacts of Alternative Demographic Scenarios Afterword References Index

Read more less

Book SynopsisThis authoritative and comprehensive reference work introduces the reader to the major concepts and leading contributors in the field of law and economics.The Companion features accessible, informative and provocative entries on all the significant areas and breaks new ground by bringing together widely dispersed but theoretically congruent ideas for the first time. An important feature of the book is the inclusion of 26 scholarly biographies of the founding fathers of law and economics.As a major source of reference on law and economics, the Companion will be welcomed by both students and teachers in law and economics, and will also have relevance for industrial economists and historians of economic thought.Trade Review'Backhaus's book is a good companion.'Table of ContentsContents: Introduction Part I: Basics of the Law and Economics Approach Part II: Private Law and Economics Part III: Public Law and Economics Part IV: Labor Law and Economics Part V: Regulation, Taxation and Public Enterprise Part VI: Dispute Resolution Part VII: Different Sources of the Law Part VIII: Towards an Ideal Economic Analysis of a Legal Problem Part IX: Classical Authors in Law and Economics Index

Read more less

Book SynopsisThis authoritative and encyclopaedic reference work provides a thorough account of the public choice approach to economics and politics. The Companion breaks new ground by joining together the most important issues in the field in a single comprehensive volume. It contains state-of-the-art discussions of both old and contemporary problems, including new work by the founding fathers as well as contributions by a new generation of younger scholars.The book reviews the literature of public choice, highlighting the common ground between all rational choice approaches to politics. It demonstrates the important impact of public choice on economics, political science, philosophy and sociology. It will be an indispensable source of reference for many years to the ideas, analytical methods and empirical research in the field.The Companion will serve as the standard reference work for all those engaged in the field of public choice and will be essential reading for politicians and policymakers, scholars in political science, public and social choice, as well as graduate students in economics, political science and public administration.Trade Review'. . . this compendium offers a solid introduction into an economic field that is gaining in influence.'Table of ContentsContents: Preface Introduction: Public Choice at the Millennium Part I: Methodology Part II: The Constitutional Framework Part III: Institutions and Mechanisms of Collective Choice Part IV: Public Choice Perspectives on Government and the Economy Part V: The Public Choice Revolution References Index

Read more less

Book SynopsisThere is currently a popular view that the world is undergoing profound changes in the fundamental relationships upon which it is organised. In particular, there is widespread talk of a 'globalised' economy, facilitated by and associated with 'new' technologies and practices. There is a further consensus that within this 'globalised', 'new' economy, regionalisation in some form is important. The aim of this volume is to address these topical issues, presenting perspectives from which they can be analysed and exploring specific aspects in greater detail.The contributors provide a framework for understanding current trends, and suggest approaches that highlight appropriate ways forward in the context of both opportunities and dangers. In doing so, they discuss specific cases and explore detailed policy possibilities, including the prospect of stimulating change through multinational engagement and debate.The rigorous analysis and coherent nature of the book will ensure its appeal to researchers and scholars across a wide range of disciplines and topics, including industrial economics, regional science and globalisation.Trade Review‘Urban and Regional Prosperity in a Globalised New Economy is a good collection of relevant, authoritative and thought-provoking articles written by experts. . . It will be valuable for its target audience.' -- Harbans Singh Gill, Global Business ReviewTable of ContentsContents: Foreword Preface Urban and Regional Prosperity in a Globalised New Economy: An Overview 1. Economic ‘Prosperity’ and ‘Globalisation’: An Agenda and Perspective 2. The Problem of Regional ‘Hollowing Out’ in Japan: Lessons for Regional Industrial Policy 3. Regional Prosperity in a Globalised Economy: Evidence from Mexico 4. Economic Activity, Market Structure and Public Policy 5. Notes on Labour Market Flexibility: Questions for the New Economy 6. Antitrust Issues: Global Cartels, Competition Law and the New Economy 7. Economic Gains from Regional Concentration of Business Operations 8. Why Do Biotechnology Firms Cluster? Some Possible Explanations 9. Industrial Clusters and Districts in the New Economy: Some Perspectives and Cases 10. The Global Economy and Manufacturing: The Case of Wisconsin 11. Reflections on a University’s Role in Regional Economic Development 12. International Perspectives on the Prosperity of a Region: A Personal Reflection Index

Read more less

Book SynopsisThis book provides an extensive evaluation of the numerous policy instruments used by regional governments in Europe to promote innovation activity in Small and Medium Enterprises (SMEs). The instruments are compared and benchmarked in order to identify 'good practice', in an effort to bridge the gap between the theory of regional innovation and real-world policy implementation.The authors argue for a new policy paradigm and highlight the value of an interactive style of policy intervention. Since the majority of SMEs have a limited resource base with regard to innovation, they need external orientation to understand and adapt to their environment. Thus, the main role for policy should be to increase the innovative capacity of a region and its SMEs by fostering interactive learning both within firms, and within the region as a whole. The authors also collect extensive data on the efficiency of innovation-driven policy measures and introduce three key concepts for successful regional innovation policy: coherence, interactivity and cumulative character.This volume will provide practical lessons and useful comparative results for a variety of professionals working on SME-oriented innovation at the EU, national and regional level. In particular, the mix of theoretical and empirical material will be of considerable interest to academics and researchers studying regional innovation systems and their role in knowledge-based economies. The book will also appeal to professional consultants, practitioners and policymakers who will find the frameworks for the evaluation and design of innovation policies to be of immense value.Trade Review'The book will be of great interest to academics, entrepreneurs and policymakers. The exhaustive study of various instruments, practices and gateways and barrier to successful innovation policies has provided invaluable insights.' -- M.M. Anand, Global Business Review'A must read for academics and regional planners alike who wish to understand the workings of a regional innovation system. The authors have given a fresh, comprehensive and sound analysis which offers an excellent framework for regional innovation policy design.' -- Mikel Landabaso, European Commission, Brussels, BelgiumTable of ContentsContents: Foreword Part I: SMEs, Innovation and Regions: Conceptual Background 1. The Role and Characteristics of SMEs in Innovation 2. SMEs and the Regional Dimension of Innovation Part II: Innovation Processes and Policy Context 3. National and Regional Contexts for Innovation 4. Innovation Patterns of SMEs Part III: Evaluation of Innovation Policy Instruments 5. Innovation Policies for SMEs: An Overview of Policy Instruments 6. Results and Impacts of Policy Instruments 7. Coherence of Innovation Policy Instruments Part VI: SMEs, Innovation and Regions: Designing Policies 8. Towards a New Paradigm for Innovation Policy? Bibliography Index

Read more less

Book SynopsisWhy do societies benefit differently from knowledge? How exactly does social interaction interfere with knowledge acquisition and diffusion? This original Handbook brings together a wide range of differing approaches to shed light on these questions and others relating to the role and relevance of knowledge in economic analysis. By illuminating the philosophical roots of the various notions of knowledge employed by economists, this Handbook helps to disentangle conceptual and typological issues surrounding the debate on knowledge among economists. Wide-ranging in scope, it explores fundamental aspects of the relationship between knowledge and economics - such as the nature of knowledge, knowledge acquisition and knowledge diffusion. This important compendium embraces various fields and traditions of economic analysis and discusses the role of knowledge in 21 papers from outstanding international scholars. Advanced scholars and postgraduate students interested in cross-fertilization between different fields of economic analysis will find this Handbook of considerable importance. Contributors: A. Amin, R. Arena, M. Augier, M.C. Becker, T. Brenner, T. Broekel, P. Cohendet, G. Dosi, J. Durieu, V. Dutraive, M. Egidi, A. Festre, D. Foray, T. Knudsen, N. Lazaric, B.J. Loasby, B.-A. Lundvall, P. Nightingale, B. Nooteboom, A. Orlean, R. Patalano, L. Ragni, S. Rizzello, P.P. Saviotti, P. Solal, A. Spada, U. WittTrade ReviewWhile there is growing recognition that understanding knowledge is at the very heart of economics, little work has been coming forth thus far representing in a comprehensive and coherent way its fundamental nature and wide-ranging consequences for economic analysis. The editors, Richard Arena, Agnes Festre, and Nathalie Lazaric, are to be commended for having filled this critical gap by providing a well-organized collection of outstanding articles. This rich and greatly needed Handbook, comprises of contributions about the role knowledge plays in the history of the discipline as well as the most significant current developments as we witness them, particularly in the branches of evolutionary, institutional and complexity economics. - --Kurt Dopfer, University of Gallen, SwitzerlandTable of ContentsContents: Introduction Richard Arena, Agnès Festré and Nathalie Lazaric PART I: KNOWLEDGE AND ECONOMICS: A HISTORICAL PERSPECTIVE 2. What Vilfredo Pareto Brought to the Economics of Knowledge Ludovic Ragni 3. Knowledge in Marshall Brian J. Loasby 4. Carl Menger and Friedrich von Wieser on the Role of Knowledge and Beliefs in the Emergence and Evolution of Institutions Agnès Festré 5. The Pragmatist View of Knowledge and Beliefs in Institutional Economics: The Significance of Habits of Thought, Transactions and Institutions in the Conception of Economic Behavior Véronique Dutraive 6. Imagination and Perception as Gateways to Knowledge: The Unexplored Affinity between Boulding and Hayek Roberta Patalano 7. The knowledge–Rationality Connection in Herbert Simon Salvatore Rizzello and Anna Spada PART II: ECONOMICS, KNOWLEDGE AND UNCERTAINTY 8. A Note on Information, Knowledge and Economic Theory Giovanni Dosi 9. The Cognitive Explanation of Economic Behavior: From Simon to Kahneman Massimo Egidi 10. Towards a Theoretical Framework for the Generation and Utilization of Knowledge Pier Paolo Saviotti 11. Models of Adaptive Learning in Game Theory Jacques Durieu and Philippe Solal 12. The Fragility of Experiential Knowledge Dominique Foray 13. One Knowledge Base or Many Knowledge Pools? Bengt-Åke Lundvall 14. Knowledge in Finance: Objective Value versus Convention André Orléan PART III: ECONOMICS, KNOWLEDGE AND ORGANIZATION 15. Embodied Cognition, Organization and Innovation Bart Nooteboom 16. Knowledge and its Economic Characteristics: A Conceptual Clarification Ulrich Witt, Tom Broekel and Thomas Brenner 17. Tacit Knowledge Paul Nightingale 18. The Firm as a ‘Platform of Communities’: A Contribution to the Knowledge-based Approach of the Firm Ash Amin and Patrick Cohendet 19. The Architecture and Management of Knowledge in Organizations Mie Augier and Thorbjørn Knudsen 20. Distributed Knowledge and its Coordination Markus C. Becker 21. Evolution of Individual and Organizational Knowledge: Exploring Some Motivational Triggers Enabling Change Nathalie Lazaric Index

Read more less

Book SynopsisThis book surveys how economists engage with knowledge and beliefs in various fields of economic analysis, such as general equilibrium theory, decision theory, game theory, experimental economics, evolutionary theory of the firm, financial markets and the history of economic thought.The contributors to this book also suggest the need for a more integrated perspective on the meaning, as well as the role, of knowledge and beliefs in economics in the future. Possible lines of future research, such as the extension of the concept of rationality in economics or the focus on cognitive processes in economic action, are discussed.A platform for future research and investigation into the role of knowledge and beliefs in economics, this book will be of great appeal to advanced scholars interested in cross-fertilization between different fields of the social sciences and also to post-graduate students interested in the lines of research suggested in the book.Table of ContentsContents: 1. Introduction Richard Arena and Agnès Festré PART I: KNOWLEGDE AND BELIEFS IN THE HISTORY OF ECONOMIC ANALYSIS: MARSHALLIANS, AUSTRIANS AND WALRASIANS 2. Expectations, Uncertainty and Beliefs in Marshallian and Post-Marshallian Analyses of Economic Systems Brian J. Loasby 3. Knowledge and Beliefs in Economics: The Case of the Austrian Tradition Richard Arena and Agnès Festré 4. General Equilibrium, Co-ordination and Multiplicity on Spot Markets Roger Guesnerie PART II: KNOWLEDGE AND BELIEFS IN GAME THEORY 5. Justifications of Game Theoretic Equilibrium Notions Bernard Walliser 6. Game Theory and Players’ Beliefs on the Play Christian Schmidt PART III: BELIEFS AND DECISION THEORY 7. Beliefs and Dynamic Consistency Jean-Marc Tallon and Jean-Christophe Vergnaud 8. Utility or Rationality? Restricted or General Rationality? Raymond Boudon PART IV: KNOWLEDGE, BELIEFS AND COGNITIVE ECONOMICS 9. The Cognitive Turning Point in Economics: Social Beliefs and Conventions André Orléan 10. A Cognitive Approach to Individual Learning: Some Experimental Results Marco Novarese and Salvatore Rizzello PART V: AGENTS, COMMUNITIES AND COLLECTIVE BELIEFS 11. Consumer Communities, Self-organization and Beliefs Stéphane Ngo-Maï and Alain Raybaut 12. Informal Communication, Collective Beliefs and Corporate Culture: A Conception of the Organization as a ‘Community of Communities’ Patrick Cohendet and Morad Diani Index

Read more less

Book SynopsisImmigration has become a significant public policy issue in all of the developed countries, as well as an important area of study for academic researchers. Barry R. Chiswick has been a pioneer in research on the economics of immigration and has published numerous seminal studies on the labor market, the educational and linguistic adjustment of immigrants, and the impact of immigrants on the host economy. He has also written extensively on various aspects of immigration policy. Now his most influential and widely-cited papers, published over a span of 25 years in a variety of journals and conference volumes, are available in a single volume. The author has written an original essay introducing this valuable collection.Scholars of economics, public policy, sociology, anthropology and immigration will find this book an essential addition to their libraries.Trade Review 'The author presents the findings of a selected number of path-breaking studies regarding the economics of migration. . . this book contributes a series of valid findings on migrants and their pervasive role in the economies of receiving countries. This is achieved by the author's clear and innovative approach to various topics, grounded in solid theory and the detailed observation of a variety of factors contributing to the complex processes of migration . . . Overall, this book is an enlightening account on immigration and its economic effects, which all those joining the migration debate should acknowledge. On a technical level, some readers might be put off by the fact that certain arguments are repeated in different chapters - representing reproducions of original articles published elsewhere. This being so, selected chapters from each part of the volume might be a choice to consider for those more interested in the broader migration topics under discussion. Those with specialist interest in the details of migration, however, should find the sometimes marginal contributions of different chapters useful, as they are synthesised out of a vast literature, spanning three decades of specialised research.' -- Liliana Hiris, Economic Issues'The Economics of Immigration is a valuable omnibus of Chiswick's representative works. By assembling the time-stretched, topic-wide, scattered pieces together, not only does this book offer a convenient reference resource on the subject, but it allows readers to gain retrospective and perhaps prospective insights into the issues examined and to rethink about these issues. . . This excellent book will be an asset for scholars of immigration research, in either economics or other disciplines, and policy-makers and analysts interested in immigration issues.' -- Philip Q. Yang, Ethnic and Racial Studies'Barry Chiswick was a brilliant pioneer on the economics of migration long before it caught the attention of mainstream economists. This collection of his best papers illustrates clearly why he has that favored reputation.' -- Jeffrey G. Williamson, Harvard University, US'A fine collection of outstanding articles documenting Barry Chiswick's role as the Jacob Mincer of migration economics. His contributions have marked the pace of research on migration for over two decades, provoking the right questions and guiding the field.' -- Klaus Zimmermann, IZA-Institute for the Study of Labor (Bonn), University of Bonn and Journal of Population EconomicsTable of ContentsContents: Foreword by Gary S. Becker Preface Introduction Part I: Earnings and Employment 1. The Effect of Americanization on the Earnings of Foreign-born Men 2. The Economic Progress of Immigrants: Some Apparently Universal Patterns 3. Immigrant Earnings: Language Skills, Linguistic Concentrations and the Business Cycle 4. The Employment, Unemployment and Unemployment Compensation Benefits of Immigrants Part II: The Selectivity of Immigrants 5. Are Immigrants Favorably Self-Selected? An Economic Analysis 6. Human Capital and the Labor Market Adjustment of Immigrants: Testing Alternative Hypotheses 7. Is the New Immigration Less Skilled than the Old? Part III: Immigrant Impacts 8. The Impact of Immigration on the Level and Distribution of Economic Well-being 9. The Impact of Immigrants on the Macroeconomy 10. Mass Migration and Income Inequality in Israel Part IV: Illegal Immigrants 11. The Economics of Illegal Migration for the Host Economy 12. Illegal Immigration and Immigration Control 13. Speaking, Reading, and Earnings Among Low-Skilled Immigrants Part V: Immigration Policy 14. Guidelines for the Reform of Immigration Policy 15. An Alternative Approach to Immigration Policy: Rationing by Skill 16. Policy Analysis of Foreign Student Visas Appendix: Bibliography of Immigration Research Index

Read more less

Book SynopsisThe economics of energy has been a contested issue over the past century. Although it has not figured prominently in mainstream economics, numerous alternative proposals have called for energy to play a more central role in economic theory. In this highly original and enlightening volume, Guido Buenstorf develops a new conceptual approach to the economics of energy which originates from recent advances in evolutionary economics.The book proposes a non-reductionist, evolutionary approach to the economics of energy and sets out by asking how energy use in production contributes to the use value of goods. Based on a sequential production framework, the author re-interprets the notion of factors of production, identifies long-term patterns of change in energy use, and highlights the role of technical interdependence in adopting new energy technologies. This approach is then applied to three historical cases of energy innovation: the transition from wood to coal, the introduction of the steam engine, and the electrification of industrial production. Academics and researchers in the fields of evolutionary economics, ecological economics and innovation will welcome this fresh and illuminating interpretation of the economics of energy and its role in the process of production.Trade Review'To a non-economist interested in energy this book promised and delivered a lot. . . I recommend the book highly to university teachers and policymakers as a thought-provoking explanation of why energy deserves to be back on the agenda.' -- Sonja Boehmer-Christiansen, Energy and Environment'This book makes a fundamental contribution to economics, in that it deals with production theory from a perspective that integrates economics with engineering and science. It represents a far more realistic interpretation than the standard neoclassical approach and will act as a stimulus for further research in this area.' -- Robert U. Ayres, INSEAD, France'Guido Buenstorf's book is a splendid attempt to break new ground in the theory of production. Turning away from the ever more abstract - and theoretically empty - production function approach, he shows how changing physical constraints in the utilisation of energy systematically affect production processes in the economy. With his analysis the author challenges the value based approach to production. He outlines the contours of a richer theory, which is capable of accounting for physical and technological aspects without losing sight of their economic implications.' -- Ulrich Witt, Max Planck Institute for Research into Economic Systems, Germany'No production is possible without energy. Neoclassical production theory with its price-theoretic focus has neglected this fundamental fact. To understand the economic process it is necessary to consider its real side. By analysing it from a conceptual, evolutionary and historical point of view, Guido Buenstorf gives energy the attention it deserves in economic analysis.' -- Malte Faber, University of Heidelberg, GermanyTable of ContentsContents: Preface 1. Introduction: Energy is Back on the Agenda 2. The Physical Perspective on the Economy and its Limitations 3. Production as a Sequential Process 4. More than Heat and Light: The Services Provided by Energy Use in Production 5. Changing Power Relations: The Long-Term Development of Energy Use in Production 6. Process Innovations in Sequential Production 7. A Closer Look at Change: Three Historical Examples of Energy Innovations 8. Conclusions References Index

Read more less

Book SynopsisThe knowledge economy is a notion that has been used, since the end of the last decade, to describe a new economic order perceived by scholars and practitioners. The authors argue that this order, triggered by new information and communication technologies, has resulted in a different set of challenges for effective management of the contemporary firm. Knowledge will play an important role in managing these challenges, with the onus being on new hardware and software as much as how businesses can be organised with regard to relationships with customers and suppliers. This book shows how 'intelligent management will be key to how internal operations can be organised in order to take advantage of opportunities brought about by new technologies. This change in management is discussed throughout the book from a wide array of perspectives ranging from contextual and philosophical aspects, through tools and methods to case studies concerning the organization of business, its management and application in the knowledge economy.Intelligent Management in the Knowledge Economy will be of great interest to academics and researchers of management - knowledge management in particular - ICT and organisational studies. Business practitioners will also find much to engage them within this book.Trade Review'This anthology gives important and interesting perspectives on the management of information systems in different organisational contexts. . . the papers are important contributions to the research area's future development.' -- From the preface by Christian Tangkjaer, Scandinavian Academy of Management StudiesTable of ContentsContents: Preface by Christian Tangkjær Intelligent Management and Knowledge: An Introduction Part I: Context and Philosophy 1. Leaders for the Knowledge Economy 2. Presence and Absence: An Epistemological Essay on Knowledge Management and Technology 3. Elements of the Dynamics of Future Organizations: A Discourse on the Imaginative and Integrative Deployment of Information Systems 4. Organizing the Extended Organization Part II: Tools and Methods 5. Communities and Activity Systems in Knowledge-intensive Firms 6. The Process Warehouse: A Data Warehouse Approach for Business Process Management 7. Learning through Online Conversations: The Case of Online Support Systems 8. Knowledge Reactivation Mediated through Knowledge Carriers Part III: Management and Applications 9. What is the Business Value of Electronic Commerce? How can it be Optimized? 10. Global Thinking or Local Commitment in Multinational Knowledge Management and Organizational Learning 11. Management of Artificial Sellars: A Metaphor for the Automation of E-commerce 12. The Bazaar Model of Organizing 13. ICT and the Geography of Innovative Firms References Index

Read more less

Book SynopsisThis book investigates the ways in which global standardization organizations establish, negotiate, and maintain their authority and legitimacy, thereby inducing companies, states, and other organizations to adopt and implement the voluntary standards they produce.The book examines the structure and workings of two major standard-setters: the International Organization for Standardization (ISO) and the International Accounting Standards Committee (IASC). Within ISO, the author studies Technical Committee 176, which is responsible for standards for quality assurance and quality management - the much-discussed ISO 9000 standards implemented by thousands of companies around the world. The IASC sets global accounting standards that are increasingly important in an era of rising demands for transparent, full-disclosure financial reporting. On the basis of extensive interviews and the analysis of documents produced by the standardization bodies, the author reveals the mechanisms, internal struggles, and variable logics of their globalizing efforts, showing how nominally voluntary implementation programs effectively produce widespread adoption and compliance with complex, highly technical standards.Kristina Tamm Hallstrom brings together organizational theory, discourse analysis, a global perspective, and an alert sensitivity to power relations to make sense of ISO TC 176 and the IASC. Theoretically nuanced and empirically rich, Organizing International Standardization offers much of value to scholars and practitioners in sociology, international relations, business, accounting, technical disciplines, organizational consulting, and related areasTrade Review'Much recent research emphasizes that national institutions, in contemporary societies, tend to reflect models that are institutionalized on a global basis. This observation contrasts with earlier lines of thought emphasizing the dependence of national practices on distinct national histories and situations. But it dramatically raises the question given the most current attention: what processes of power and authority produce these potent global models and patterns? Kristina Tamm Hallstrom provides a valuable account of how it all works in two distinct areas of social management: the rise of quality standardization around the International Organization for Standardization; and the creation of global accounting standards through the International Accounting Standards Committee. She analyzes in detail the origins, structures, processes, powers, and problems of these rapidly expanding organizations. Her book provides important examples, ideas, and analyses for those interested in the intensifying process of global standardization.' -- John W. Meyer, Stanford University, US'This book is much more than a study of ISO 9000 and international accounting standards; it is a significant advance in our understanding of global governance. Tamm Hallstrom's penetrating examination of the standardization sector shows how global authority operates effectively without states. It brings to the fore essential dimensions of global organization - technical expertise, professionalization, highly formalized rulemaking, and the drive for efficiency - that have received far too little attention. We need many more studies like it. Tamm Hallstrom has produced an exemplary model for those who will follow in her footsteps.' -- John Boli, Emory University, US'Standards and standard setting organizations have become critical for governance and regulatory systems. This new comparative study provides important insights into the workings of two influential standard setters, the International Organization for Standardization and the (former) International Accounting Standards Committee. The analysis compares the policy process for these two bodies and the complex nature of an authority base which depends on networks of organizations both to supply technical expertise and to support the adoption and dissemination of standards in the absence of formal law. This book is therefore essential reading for policymakers and academics interested in new forms of regulation and control, especially transnational arenas for rulemaking.' -- Michael Power, London School of Economics and Political Science, UK and author of The Audit SocietyTable of ContentsContents: 1. The Growing Practice of Standardization 2. Research on Standardization 3. Research Design 4. The ISO Committee and the Quality Field 5. The IASC and the Accounting Field 6. Debates in the ISO Committee and the IASC 7. Strategies to Achieve Compliance with Standards 8. Tensions in the Work on Standardization 9. Differences Between the ISO Committee and the IASC 10. Mobile Networks for Regulation References Index

Read more less

Book SynopsisManuel Castells - one of the world's pre-eminent social scientists - has drawn together a stellar group of contributors to explore the patterns and dynamics of the network society in its cultural and institutional diversity. The book analyzes the technological, cultural and institutional transformation of societies around the world in terms of the critical role of electronic communication networks in business, everyday life, public services, social interaction and politics. The contributors demonstrate that the network society is the new form of social organization in the Information age, replacing the Industrial society.The book analyzes processes of technological transformation in interaction with social culture in different cultural and institutional contexts: the United States of America, the United Kingdom, Finland, Russia, China, India, Canada, and Catalonia. The topics examined include business productivity, global financial markets, cultural identity, the uses of the Internet in education and health, the anti-globalization movement, political processes, media and identity, and public policies to guide technological development. Taken together these studies show that the network society adopts very different forms, depending on the cultural and institutional environments in which it evolves.The Network Society is an outstanding and original volume of direct interest in academia - particularly in the fields of social sciences, communication studies, and business schools - as well as for policymakers engaged in technological policy and economic development. Business and management experts will also discover much of value to them within this book.Trade Review‘The Network Society stimulates the reader to think about the network society in an innovative way. Because of its analytical aims and a well-balanced presentation of empirical findings and theoretical insights coming from a remarkable variety of authors, this is a book that might become a model for collaborative research in the years to come, as well as an invaluable reference for teaching and research on networking as an organizational form.' -- International Sociology - Review of BooksTable of ContentsContents: Part I: The Theory of the Network Society Part II: The Cultural and Institutional Diversity of the Network Society Part III: The Network Economy Part IV: Sociability and Social Structure in the Age of the Internet Part V: The Internet in the Public Interest Part VI: Networked Social Movements and Informational Politics Part VII: The Culture of the Network Society Index

Read more less

Book SynopsisBringing together contributions from high level EU officials and prominent academic economists on one of the most exciting issues in industrial economics, this timely book aims to promote dialogue between policy and academic research, and provides a unique forum for debate on the new European regulatory framework in telecommunications. Contributing to a convergence of legal and economic approaches, The Economics of Antitrust and Regulation in Telecommunications integrates economic theory into current EU antitrust policy within the sector. The book addresses the role of competition and regulatory policies on a number of key issues in telecommunications, such as market definition, collective dominance, access to networks, and allocation of scarce resources.A must-read for anyone connected to the telecommunications sector, this book will appeal to anyone interested in European competition policy and regulation, from economic scholars and industry professionals to policymakers and policy analysts.Trade Review'This book will provoke admiration from telecoms-regulation specialists and others with an interest in abstruse areas of industrial policy. It provides a valuable historical record of an important time in the development of telecoms regulation.' -- Paul Brisby, European Competition Law Review'This book is an important contribution to the literature on the evolution of competition and regulation in EU telecommunications. It involves a meeting of minds between academic economists and members of the European Commission responsible for policy in the telecommunications sector. It details steps recently taken to replace regulation with competition and highlights the difficult hurdles that still remain.'<BR>- David Parker, University of Cranfield and University of Manchester, UK'Anyone who has tried to keep up with the rapid analytical and policy developments in the telecommunications industry should welcome this volume which brings together contributions from both antitrust officials in the EU and the US and from academia. All of the main issues, such as market definition, collective dominance and access and network sharing problems, are included along with an authoritative and up-to-date commentary of policy in the EU and US. The experience and expertise of the contributors make it an incomparable source for everyone concerned with this key sector.' -- Michael Utton, University of Reading, UK'The Economics of Antitrust and Regulation in Telecommunications is the outcome of a year long project conducted by the European Commission, and provides readers with a framework for enhancing the treatment of antitrust cases within the sector. Its fundamental point of departure is the aim of better integrating economics with the sector's industrial realities. An aim in which it succeeds. The work examines in-depth the fundamentals of network industry market definition (increasingly a problem in convergent industries), collective dominance, network access and resource allocation by cutting-edge academics and prominent European Commission antitrust officials. As such many lessons are relevant beyond narrow confines of the telecommunications sector. A particularly timely feature of the work is the inclusion of a section on 3G markets. The result is a definitive and important work. Taken as a whole, this resource provides valuable insights, and not only for the telecommunications sector but network industries in general. The tome is essential reading for business, telecommunication, public policy, and network technology decision-makers around the globe.' -- Gary Madden, Curtin University of Technology and Communications Economics and Electronic Markets Research Centre, AustraliaTable of ContentsContents: Introduction Part I: Telecommunications and Antitrust Part II: Monitoring Competition in the Telecommunications Sector Part III: The New Regulatory Framework: Main Regulatory Texts Index

Read more less

Book SynopsisResearch on consumption from an environmental perspective has exploded since the late 1990s. This important new volume cuts across disciplines to present the latest research in the field. The book is divided into three parts, the first of which addresses the problems of consumption both as a concept and as an economic and social force with high environmental impact. In the second part, the authors try to explain consumption as an attempt by individuals to satisfy different types of needs whilst simultaneously being embedded in certain lifestyles and constrained by time and daily routines. The final section looks at how change towards less environmentally damaging consumption patterns can be achieved through national sustainability and consumer policy measures, as well as through community building and individual action. In accordance with the transdisciplinary nature of ecological economics, the original contributions emanate from a variety of different perspectives to reflect the diversity of research in this growing field.By seriously exploring the role of consumption within ecological economics, this fine book will provide invaluable reading for students and researchers interested in sustainable consumption, ecological economics and consumer research.Trade Review'This new volume cuts across disciplines to present the latest research in the field. By seriously exploring the role of consumption within ecological economics, this fine book will provide invaluable reading for students and researchers interested in sustainable consumption, ecological economics and consumer research.' -- Management of Environmental Quality'Ecological economics, a rapidly growing field, has focused far more on production than consumption. This volume provides an important corrective to that emphasis, and should prove influential. The editors have assembled a distinguished group of scholars who both assess the present state of knowledge, and tackle important conceptual issues, such as "What exactly is consumption?" "Which consumer activities are most ecologically significant?" and "What strategies for changing consumer behaviour actually work?" This is an outstanding collection that deserves a wide readership.' -- Juliet Schor, Boston College, US'Lucia Reisch and Inge Ropke offer the best of academia: sophisticated and clear-sighted inquiries into a troubling issue.' -- Wolfgang Sachs, Wuppertal Institute for Climate, Environment and Energy, Germany'Consumption is the driving force for economic growth, but it is also the driving force for unsustainable development. In The Ecological Economics of Consumption we learn how to cope with this challenge effectively and how to eventually reach a level of sustainable consumption.' -- Ernst Ulrich von Weizsacker, Bundestag Environment Committee, GermanyTable of ContentsContents: 1. The Place of Consumption in Ecological Economics Part I: Problematizing Consumption 2. Questionable Assumptions about Sustainable Consumption 3. The Society, its Products and the Environmental Role of Consumption 4. Work-related Consumption Drivers and Consumption at Work Part II: Explaining Consumption 5. Beyond Insatiability – Needs Theory, Consumption and Sustainability 6. Changing Human Behaviour and Lifestyle: A Challenge for Sustainable Consumption? 7. Domestic Electricity Consumption – Consumers and Appliances 8. Sustainability in Everyday Life – A Matter of Time? Part III: Changing Consumption 9. Sustainable Consumption as a Consumer Policy Issue 10. Lifestyle Approaches as a Sustainable Consumption Policy – A German Example 11. Community, Reflexivity and Sustainable Consumption 12. Macroeconomic Stability: Sustainable Development and Full Employment Index

Read more less

Book SynopsisThis book offers a novel insight into the economic dynamics of modern biotechnology, using examples from Europe to reflect global trends. The authors apply theoretical insight to a fundamental enigma of the modern learning society, namely, how and why the development of knowledge and ideas interact with market processes and the formation of industries and firms. This book offers new empirical evidence to address such questions by studying the diversity of biotechnology in Europe. By analysing the way in which the development of new knowledge and information is linked with economic transformation, the authors are able to provide a rich theoretical understanding of the economic dynamics of knowledge within the biotechnology sector. They clearly show how innovation opportunities are affected not just by the market, but by scientific developments, networks, institutions and government policy. They also raise important theoretical questions about how and why new industries, networks and organizations are shaped, and highlight the development and impacts of biotechnology on many existing sectors, including pharmaceuticals, agriculture and insurance. The final chapter summarizes the theoretical challenges which have been overcome and identifies future areas for research.The Economic Dynamics of Modern Biotechnology will become essential reading for students, scholars and researchers of the management and economics of innovation, business strategy, industrial organization, the theory of the firm, the economics of technological change, and regional studies. It will also appeal to a wider political and business audience such as government policymakers and managers of biotechnology firms.Trade Review'All would agree that with more than 3,000 new firms formed in Europe, Japan and the United States focused on biotechnology, and with elegant strides forward in our understanding of genetics, the genome, proteomics and other related fields, a true intellectual, social and industrial revolution is in the making. Maureen McKelvey et al provide fascinating data on firm formation, case studies of emerging business models and cross-regional and national comparisons. The work is a useful beginning in our understanding of an emerging phenomenon.' -- James M. Utterback, Massachusetts Institute of Technology, US'This book is a highly ambitious work, the joint product of 25 co-authors. It represents an attempt to examine modern biotechnology as an economic process and, in so doing, it draws heavily - and successfully - upon the conceptual framework of evolutionary economics and the literature on industrial management. The empirical focus is on the present-day European scene, and it is a great virtue of the book that it unpacks and illuminates the diversity that characterizes that scene today. The wide coverage, along with the differing perspectives of individual authors, provides the reader with an invaluable platform for future research upon an industry that seems clearly destined to serve as an engine of economic growth in the new century.' -- Nathan Rosenberg, Stanford University, USTable of ContentsContents: Preface Part I: Introduction 1. Introduction Jens Laage-Hellman, Maureen McKelvey and Annika Rickne 2. Conceptualizing and Measuring Modern Biotechnology Johan Brink, Maureen McKelvey and Keith Smith Part II: Setting the Scene 3. Stylized Facts about Innovation Processes in Modern Biotechnology Maureen McKelvey, Annika Rickne and Jens Laage-Hellman 4. The Post-Genome Era: Rupture in the Organization of the Life Science Industry? Michel Quéré 5. An Overview of Biotechnology Innovation in Europe: Firms, Demand, Government Policy and Research Jacqueline Senker Part III: Challenging the Existing 6. Risk Management and the Commercialization of Human Genetic Testing in the UK Michael M. Hopkins and Paul Nightingale 7. Network and Technology Systems in Science-driven Fields: The Case of European Food Biotechnology Finn Valentin and Rasmus Lund Jensen 8. Future Imperfect: The Response of the Insurance Industry to the Emergence of Predictive Genetic Testing Stefano Brusoni, Rachel Cutts and Aldo Geuna 9. Emergent Bioinformatics and Newly Distributed Innovation Processes Andrew McMeekin, Mark Harvey and Sally Gee Part IV: Forming the New 10. The Dynamics of Regional Specialization in Modern Biotechnology: Comparing Two Regions in Sweden and Two Regions in Australia, 1977–2001 Johan Brink, Linus Dahlander and Maureen McKelvey 11. On the Spatial Dimension of Firm Formation Annika Rickne 12. Examining the Marketplace for Ideas: How Local are Europe’s Biotechnology Clusters? Steven Casper and Fiona Murray 13. Creation and Growth of High-Tech SMEs: The Role of the Local Environment Corinne Autant-Bernard, Vincent Mangematin and Nadine Massard Part V: Conclusions 14. Reflections and Ways Forward Hannah Kettler, Maureen McKelvey and Luigi Orsenigo Index

Read more less

Book SynopsisThis highly topical book discusses the potential enlargement of the EU to embrace the countries of Central and Eastern Europe and the enormous challenges, opportunities and threats this poses for parties on both sides. Understanding of the diversity of the issues raised, even by an experimental expansion, is limited and rarely extends beyond the concerns voiced in a particular policy arena. This volume brings together contributions from specialists across the spectrum of the social sciences who consider the possible outcomes of expansion per se. The authors consider the countries to which membership might rationally be extended, and discuss the future of a Union that continues to be exclusive, but which must advance in the context of the overall march of globalisation. The contributions from numerous disciplines are complementary and include both macro- and micro perspectives.EU Expansion to the East is designed to be accessible to all scholars of European affairs, as well as those interested in transition and policymakers at national, regional and local levels.Trade Review'. . . a useful contribution as secondary reading on a variety of university courses, as well as interesting a more general readership.' -- Kenneth Button, Annals of Regional ScienceTable of ContentsContents: Preface 1. Towards a United Europe? 2. Monetary Union and Eastward Expansion of the EU 3. France, Germany and the Eastwards Expansion of the EU: Towards a Common Ostpolitik 4. Integrating the ‘New’ Europe: What Role (if any) Does CEFTA Have? 5. Storming the Fortress: The External Border Regime in an Enlarged Europe 6. EU Expansion to the East: The Problem of Agriculture 7. Social Europe East and West 8. Regional Development and EU Enlargement 9. The Changing Role of Border Regions in Central and Eastern Europe 10. EU Accession: The Polish Case 11. Enlargement to the East: Romania 12. European Order, Global Governance and the Liberal Peace Index

Read more less

Book SynopsisEconomic sociology has gone through an explosive development, both in the United States and in Europe, in recent years. These new developments are well represented in this work. Articles by key economic sociologists, such as Mark Granovetter, Pierre Bourdieu and Viviana Zelizer, have been included as well as studies by members of a new and rising generation. The topics that are covered include several classical ones, which modern economic sociologists have worked on for a long time, such as firms, markets, networks and the economics/sociology interface. During the last few years several studies have also appeared which deal with new areas, such as finance, law and economics, and entrepreneurship. The reader will finally also be able to follow recent advances in the understanding of the classics in economic sociology, including Weber, Schumpeter and Polanyi. The result is a colourful and unorthodox two volume collection which will be of interest to scholars and researchers alike.Table of ContentsContents: Volume I Acknowledgements Introduction Richard Swedberg PART I THEORY 1. Mark Granovetter (2002), ‘A Theoretical Agenda for Economic Sociology’ 2. Mark Granovetter (1992), ‘Problems of Explanation in Economic Sociology’ 3. Pierre Bourdieu (2000), ‘Making the Economic Habitus: Algerian Workers Revisited’ 4. Victor Nee and Paul Ingram (1998), ‘Embeddedness and Beyond: Institutions, Exchange, and Social Structure’ 5. Richard Swedberg (2001), ‘Sociology and Game Theory: Contemporary and Historical Perspectives’ 6. V.A. Zelizer (2001), ‘Economic Sociology’ PART II THE TRADITION OF ECONOMIC SOCIOLOGY 7. Max Weber (2000), ‘Stock and Commodity Exchanges [Die Börse (1894)]; Commerce on the Stock and Commodity Exchanges [Die Börsenverkehr]’ 8. Fred Block (2003), ‘Karl Polanyi and the Writing of The Great Transformation’ 9. George Simmel (1997), ‘Money in Modern Culture’ 10. Joseph A. Schumpeter (2003), ‘Entrepreneur’ 11. John F. Sitton (1998), ‘Disembodied Capitalism: Habermas's Conception of the Economy’ 12. Johan Heilbron (2001), ‘Economic Sociology in France’ PART III ECONOMICS/SOCIOLOGY INTERFACE 13. Herbert A. Simon (1997), ‘The Role of Organizations in an Economy’ 14. Jeffrey Sachs (2000), ‘Notes on a New Sociology of Economic Development’ 15. Douglass C. North (1991), ‘Institutions’ 16. Avner Greif (1998), ‘Self-Enforcing Political Systems and Economic Growth: Late Medieval Genoa’ 17. George Loewenstein (2000), ‘Emotions in Economic Theory and Economic Behavior’ PART IV NETWORKS 18. Mark S. Mizruchi (1996), ‘What Do Interlocks Do? An Analysis, Critique, and Assessment of Research on Interlocking Directorates’ 19. Joel M. Podolny and Karen L. Page (1998), ‘Network Forms of Organization’ 20. Paul DiMaggio and Hugh Louch (1998), ‘Socially Embedded Consumer Transactions: For What Kinds of Purchases Do People Most Often Use Networks?’ Name Index Volume II Acknowledgements An introduction by the editor to both volumes appears in Volume I PART I MARKETS 1. John Lie (1997), ‘Sociology of Markets’ 2. Harrison C. White (1997), ‘Varieties of Markets’ 3. Patrik Aspers (2001), ‘A Market in Vogue: Fashion Photography in Sweden’ 4. Neil Fligstein (1996), ‘Markets as Politics: A Political-Cultural Approach to Market Institutions’ PART II FIRMS AND ENTREPRENEURSHIP 5. Gerald F. Davis (1991), ‘Agents without Principles? The Spread of the Poison Pill through the Intercorporate Network’ 6. Patricia H. Thornton (1999), ‘The Sociology of Entrepreneurship’ 7. Mark Granovetter (1995), ‘The Economic Sociology of Firms and Entrepreneurs’ 8. AnnaLee Saxenian (1991), ‘The Origins and Dynamics of Production Networks in Silicon Valley’ PART III FINANCE 9. Michael Lounsbury, Paul M. Hirsch and Steven Klinkerman (1998), ‘Institutional Upheaval and Performance Variation: A Theoretical Agenda and Illustration from the Deregulation of Commercial Banks’ 10. Donald Mackenzie and Yuval Millo (2003), ‘Constructing a Market, Performing Theory: The Historical Sociology of a Financial Derivatives Exchange’ 11. Mitchel Y. Abolafia (1998), ‘Markets as Cultures: An Ethnographic Approach’ 12. Karin Knorr Cetina and Urs Bruegger (2002), ‘Global Microstructures: The Virtual Societies of Financial Markets’ PART IV LAW IN THE ECONOMY 13. Richard Swedberg (2003), ‘The Case for an Economic Sociology of Law’ 14. Wayne E. Baker and Robert R. Faulkner (1993), ‘The Social Organization of Conspiracy: Illegal Networks in the Heavy Electrical Equipment Industry’ PART V STRATIFICATION AND WEALTH 15. Lisa A. Keister and Stephanie Moller (2000), ‘Wealth Inequality in the United States’ 16. Seymour Spilerman (2000), ‘Wealth and Stratification Processes’ 17. Martina Morris and Bruce Western (1999), ‘Inequality in Earnings at the Close of the Twentieth Century’ 18. Victor Nee (1989), ‘A Theory of Market Transition: From Redistribution to Markets in State Socialism’ PART VI HISTORICAL AND COMPARATIVE ECONOMIC SOCIOLOGY 19. Bruce G. Carruthers and Wendy Nelson Espeland (1991), ‘Accounting for Rationality: Double-Entry Bookkeeping and the Rhetoric of Economic Rationality’ 20. Marion Fourcade-Gourinchas (2001), ‘Politics, Institutional Structures, and the Rise of Economics: A Comparative Study’ 21. Alya Guseva and Akos Rona-Tas (2001), ‘Uncertainty, Risk, and Trust: Russian and American Credit Card Markets Compared’ 22. Frank Dobbin (2001), ‘Why the Economy Reflects the Polity: Early Rail Policy in Britain, France, and the United States’ Name Index

Read more less

Book SynopsisFor this invaluable collection, Professor Link has selected the most significant articles that have emerged in the last fifty years in the field of innovation policy. The first volume addresses the foundations of innovation policy and covers essential topics such as governments' role in innovation, the patent system and fiscal policies that promote innovation. The second volume explores specific innovation policies and their social impact, including public research and development, the changing role of universities in the innovation process and technology transfer policies. In his introduction, Professor Link offers an authoritative and insightful overview of innovation policy in industrialized nations, identifying at least two paradigms that motivate governments' role in innovation policy.Trade Review‘The Economics of Innovation Policy is a remarkable collection both for the comprehensiveness of the topics covered and the quality of the individual papers. They bring economic rigor with genuine insights into the evolving role of the government in national innovation systems, and at the same time have practical, policy-orientated assessments of the use of R&D tax credits and public–private technology partnerships. Importantly, there are excellent papers on the role of the university in the innovation process as well as on the highly important but often overlooked role of standards in the development of new technologies. This comprehensive, high-quality series is a genuinely valuable contribution for the researcher and policymaker alike.’ -- Charles Wessner, The National Academy of Sciences, US‘This is an excellent collection on science and technology policy. Rarely does one see so many seminal papers organized into a single volume of critical writings.’ -- David J. Teece, University of California, Berkeley, USTable of ContentsContents: Volume I: Foundations of Innovation Policy Acknowledgements Introduction Albert N. Link PART I GOVERNMENT’S ROLE IN INNOVATION 1. Paul M. Romer (1993), ‘Implementing a National Technology Strategy with Self-Organizing Industry Investment Boards’ 2. Partha Dasgupta and Paul A. David (1994), ‘Toward a New Economics of Science’ 3. Stephen Martin and John T. Scott (2000), ‘The Nature of Innovation Market Failure and the Design of Public Support for Private Innovation’ 4. Gregory Tassey (2005), ‘Underinvestment in Public Good Technologies’ PART II THE PATENT SYSTEM 5. Rebecca S. Eisenberg (1989), ‘Patents and the Progress of Science: Exclusive Rights and Experimental Use’ 6. Richard Gilbert and Carl Shapiro (1990), ‘Optimal Patent Length and Breadth’ 7. Janusz A. Ordover (1991), ‘A Patent System for Both Diffusion and Exclusion’ 8. Adam B. Jaffe (2000), ‘The U.S. Patent System in Transition: Policy Innovation and the Innovation Process’ 9. Wesley M. Cohen (2005), ‘Patents and Appropriation: Concerns and Evidence’ PART III DIRECT FUNDING OF INNOVATION 10. Gregory Tassey (1996), ‘Choosing Government R&D Policies: Tax Incentives vs. Direct Funding’ 11. John T. Scott (1998), ‘Financing and Leveraging Public/Private Partnerships: The Hurdle-Lowering Auction’ 12. Josh Lerner (1999), ‘The Government as Venture Capitalist: The Long-Run Impact of the SBIR Program’ 13. Scott J. Wallsten (2000), ‘The Effects of Government-Industry R&D Programs on Private R&D: The Case of the Small Business Innovation Research Program’ 14. David Audretsch, Albert N. Link and John T. Scott (2002), ‘Public/Private Technology Partnerships: Evaluating SBIR-supported Research’ PART IV FISCAL POLICIES TO PROMOTE INNOVATION 15. Barry Bozeman and Albert N. Link (1984), ‘Tax Incentives for R&D: A Critical Evaluation’ 16. C.W. Swenson (1992), ‘Some Tests of the Incentive Effects of the Research and Experimentation Tax Credit’ 17. Bronwyn H. Hall (1993), ‘R&D Tax Policy during the 1980s: Success or Failure?’ 18. Rachel Griffith, Daniel Sandler and John Van Reenen (1995), ‘Tax Incentives for R&D’ 19. John T. Scott (1995), ‘The Damoclean Tax and Innovation’ Name Index Volume II: Innovation Policies and Social Impact Acknowledgements An introduction to both volumes by the editor appears in Volume I. PART I PUBLIC RESEARCH AND DEVELOPMENT 1. Richard R. Nelson (1983), ‘Government Support of Technical Progress: Lessons from History’ 2. David M. Levy and Nestor E. Terleckyj (1983), ‘Effects of Government R&D on Private R&D Investment and Productivity: A Macroeconomic Analysis’ 3. Frank R. Lichtenberg (1984), ‘The Relationship Between Federal Contract R&D and Company R&D’ 4. Dennis Patrick Leyden and Albert N. Link (1991), ‘Why are Governmental R&D and Private R&D Complements?’ 5. Maryann P. Feldman and Maryellen R. Kelley (2003), ‘Leveraging Research and Development: Assessing the Impact of the U.S. Advanced Technology Program’ PART II RESEARCH COOPERATION TO PROMOTE INNOVATION 6. Eric von Hippel (1987), ‘Cooperation between Rivals: Informal Know-How Trading’ 7. Dennis Patrick Leyden and Albert N. Link (1999), ‘Federal Laboratories as Research Partners’ 8. Bruce S. Tether (2002), ‘Who Co-operates for Innovation and Why: An Empirical Analysis’ 9. Donald S. Siegel (2003), ‘Data Requirements for Assessing the Private and Social Returns to Strategic Research Partnerships: Analysis and Recommendations’ PART III STANDARDS AS TECHNOLOGY INFRASTRUCTURE 10. Joseph Farrell and Garth Saloner (1986), ‘Installed Base and Compatibility: Innovation, Product Preannouncements and Predation’ 11. Paul A. David and Shane Greenstein (1990), ‘The Economics of Compatibility Standards: An Introduction to Recent Research’ 12. Karl Ulrich (1995), ‘The Role of Product Architecture in the Manufacturing Firm’ 13. Gregory Tassey (2000), ‘Standardization in Technology-Based Markets’ PART IV UNIVERSITIES AND THE INNOVATION PROCESS 14. Adam B. Jaffe (1989), ‘Real Effects of Academic Research’ 15. David C. Mowery, Richard R. Nelson, Bhaven N. Sampat and Arvids A. Ziedonis (2001), ‘The Growth of Patenting and Licensing by US Universities: An Assessment of the Effects of the Bayh-Dole Act of 1980’ 16. Bronwyn H. Hall, Albert N. Link and John T. Scott (2001), ‘Barriers Inhibiting Industry from Partnering with Universities: Evidence from the Advanced Technology Program’ 17. Josh Lerner (2005), ‘The University and the Start-Up: Lessons from the Past Two Decades’ PART V TECHNOLOGY TRANSFER POLICIES 18. Michael M. Crow (1988), ‘Technology and Knowledge Transfer in Energy R&D Laboratories: An Analysis of Effectiveness’ 19. Barry Bozeman (1994), ‘Evaluating Government Technology Transfer: Early Impacts of the “Cooperative Technology Paradigm” 20. David C. Mowery and Bhaven N. Sampat (2005), ‘The Bayh-Dole Act of 1980 and University-Industry Technology Transfer: A Model for Other OECD Governments?’ 21. David J. Teece (2005), ‘Technology and Technology Transfer: Mansfieldian Inspirations and Subsequent Developments’ PART VI SOCIAL IMPACT OF INNOVATION POLICY 22. Zvi Griliches (1958), ‘Research Costs and Social Returns: Hybrid Corn and Related Innovations’ 23. Edwin Mansfield, John Rapoport, Anthony Romeo, Samuel Wagner and George Beardsley (1977), ‘Social and Private Rates of Return from Industrial Innovations’ 24. Manuel Trajtenberg (1989), ‘The Welfare Analysis of Product Innovations, with an Application to Computed Tomography Scanners’ 25. Albert N. Link and John T. Scott (2001), ‘Public/Private Partnerships: Stimulating Competition in a Dynamic Market’ Name Index

Read more less

Book SynopsisLourdes BenerIa, Ann Mari May and Diana Strassmann have combined to produce a major new three-volume research collection that demonstrates the breadth and significance of feminist scholarship in economics. This important selection of articles shows how feminist economics has illuminated our understanding of topics such as household decision-making, the care economy, globalization, the feminization of the labour force, macroeconomics, trade, development, and international migration. Many of the essays provide a feminist perspective on policy and social transformation. The editors have provided an original introduction to the literature, ensuring that these volumes will be an essential source of reference for both students and scholars.Table of ContentsContents: Volume I: Feminism, Economics and Well-being Acknowledgements Introduction Lourdes Benería, Ann Mari May and Diana Strassmann PART I FEMINIST THEORY AND ECONOMICS A Feminism and Economics: Rethinking Theory 1. Paula England (1993), ‘The Separative Self: Androcentric Bias in Neoclassical Assumptions’ 2. Diana Strassmann (1993), ‘Not a Free Market: The Rhetoric of Disciplinary Authority in Economics’ 3. Julie A. Nelson (1995), ‘Feminism and Economics’ 4. Frances Woolley (2000), ‘Degrees of Connection: A Critique of Rawls’s Theory of Mutual Disinterest’ 5. S. Charusheela and Eiman Zein-Elabdin (2003), ‘Feminism, Postcolonial Thought, and Economics’ 6. Eiman Zein-Elabdin (2003), ‘The Difficulty of a Feminist Economics’ 7. Marilyn Power (2004), ‘Social Provisioning as a Starting Point for Feminist Economics’ 8. Colin Danby (2007), ‘Political Economy and the Closet: Heteronormativity in Feminist Economics’ B How Do Economists Know: Feminist Perspectives on Economic Methods and Argument 9. Diana Strassmann and Livia Polanyi (1995), ‘The Economist as Storyteller: What the Texts Reveal’ 10. Günseli Berik (1997), ‘The Need for Crossing the Method Boundaries in Economics Research’ 11. Marlene Kim (1997), ‘Poor Women Survey Poor Women: Feminist Perspectives in Survey Research’ 12. Marilyn Power, Ellen Mutari and Deborah M. Figart (2003), ‘Beyond Markets: Wage Setting and the Methodology of Feminist Political Economy’ C Feminist Perspectives on the History of Economic Thought 13. Michèle Pujol (1995), ‘Into the Margin!’ 14. Lynn C. Burbridge (1997), ‘Black Women in the History of African American Economic Thought: A Critical Essay’ 15. Edith Kuiper (2006), ‘Adam Smith and his Feminist Contemporaries’ PART II HUMAN WELL-BEING, CAPABILITIES AND JUSTICE A Capabilities and Human Rights 16. Martha C. Nussbaum (2003) ‘Capabilities as Fundamental Entitlements: Sen and Social Justice’ 17. Ingrid Robeyns (2003), ‘Sen’s Capability Approach and Gender Inequality: Selecting Relevant Capabilities’ 18. Sakiko Fukuda-Parr (2003), ‘The Human Development Paradigm: Operationalizing Sen’s Ideas On Capabilities’ 19. Amartya Sen (2004), ‘Dialogue Capabilities, Lists, and Public Reason: Continuing the Conversation’ B Health and Longevity 20. Amartya Sen (1990), ‘More Than 100 Million Are Missing’ 21. Stephan Klasen and Claudia Wink (2003), ‘”Missing Women”: Revisiting the Debate’ C Access to Property and Assets 22. Bina Agarwal (1994), ‘Gender and Command Over Property: A Critical Gap in Economic Analysis and Policy in South Asia’ 23. Michael Kevane and Leslie C. Gray (1999), ‘A Woman’s Field is Made at Night: Gendered Land Rights and Norms in Burkina Faso’ 24. Junjie Chen and Gale Summerfield (2007), ‘Gender and Rural Reforms in China: A Case Study of Population Control and Land Rights Policies in Northern Liaoning’ 25. Carmen Diana Deere and Cheryl R. Doss (2008), ‘Gender and the Distribution of Wealth in Developing Countries’ D Education 26. M. Anne Hill and Elizabeth M. King (1995), ‘Women’s Education and Economic Well-Being’ 27. Martha C. Nussbaum (2003), ‘Women’s Education: A Global Challenge’ 28. Ann Mari May (2006), ‘”Sweeping the Heavens for a Comet”: Women, the Language of Political Economy, and Higher Education in the US’ E Race, Caste, Class and Ethnic Relations 29. Mary C. King (1993), ‘Black Women’s Breakthrough into Clerical Work: An Occupational Tipping Model’ 30. Ashwini Deshpande (2002), ‘Assets versus Autonomy? The Changing Face of the Gender-Caste Overlap in India’ 31. Otrude N. Moyo and Saliwe M. Kawewe (2002), ‘The Dynamics of a Racialized, Gendered, Ethnicized and Economically Stratified Society: Understanding the Socio-Economic Status of Women in Zimbabwe’ Volume II: Households, Paid and Unpaid Work, and the Care Economy Acknowledgements An introduction to all three volumes by the editor appears in Volume I PART I GENDER AND HOUSEHOLD RELATIONS A Heterosexual Families 1. Amartya K. Sen (1990), ‘Gender and Cooperative Conflicts’ 2. Bina Agarwal (1997), ‘“Bargaining” and Gender Relations: Within and Beyond the Household’ 3. Elizabeth Katz (1997), ‘The Intra-Household Economics of Voice and Exit’ 4. S. Charusheela (2003), ‘Empowering Work? Bargaining Models Reconsidered’ 5. Greta Friedemann-Sánchez (2006), ‘Assets in Intrahousehold Bargaining Among Women Workers in Colombia’s Cut-Flower Industry’ 6. Fiona MacPhail and Xiao-yuan Dong (2007), ‘Women’s Market Work and Household Status in Rural China: Evidence from Jiangsu and Shandong in the Late 1990s’ 7. Bina Agarwal and Pradeep Panda (2007), ‘Toward Freedom from Domestic Violence: The Neglected Obvious’ B Same Sex and Lone Mother Families 8. M.V. Lee Badgett (1995), ‘Gender, Sexuality, and Sexual Orientation: All in the Feminist Family?’ 9. Judith Record McKinney (2004), ‘Lone Mothers in Russia: Soviet and Post-Soviet Policy’ 10. Kanchana N. Ruwanpura and Jane Humphries (2004), ‘Mundane Heroines: Conflict, Ethnicity, Gender, and Female Headship in Eastern Sri Lanka’ C Sexuality and Reproduction 11. Ines Smyth (1996), ‘Gender Analysis of Family Planning: Beyond the Feminist vs. Population Control Debate’ 12. Linda DeRiviere (2006), ‘A Human Capital Methodology for Estimating the Lifelong Personal Costs of Young Women Leaving the Sex Trade’ 13. Alys Willman (2008), ‘Safety First, Then Condoms: Commercial Sex, Risky Behavior, and the Spread of HIV/AIDS in Managua, Nicaragua’ 14. Eileen Stillwaggon (2008), ‘Race, Sex, and the Neglected Risks for Women and Girls in Sub-Saharan Africa’ D Children 15. Nancy Folbre (1994), ‘Children as Public Goods’ 16. Deborah Levison (2000), ‘Children as Economic Agents’ PART II GENDER AND WORK A The Totality of Women’s Work 17. Cristina Carrasco and Arantxa Rodríguez (2000), ‘Women, Families, and Work in Spain: Structural Changes and New Demands’ 18. Carmen Sirianni and Cynthia Negrey (2000), ‘Working Time As Gendered Time’ B Unpaid Work, Time Use and the Care Economy 19. Maria Sagrario Floro (1995), ‘Women’s Well-Being, Poverty, and Work Intensity’ 20. Gabrielle Meagher (1997), ‘Recreating “Domestic Service”: Institutional Cultures and the Evolution of Paid Household Work’ 21. Anita Nyberg (2000), ‘From Foster Mothers to Child Care Centers: A History of Working Mothers and Child Care in Sweden’ 22. Jennifer C. Olmsted (2005), ‘Gender, Aging, and the Evolving Arab Patriarchal Contract’ 23. Nancy Folbre (2006), ‘Measuring Care: Gender, Empowerment, and the Care Economy’ C The Paid Economy 24. Myra H. Strober, Suzanne Gerlach-Downie and Kenneth E. Yeager (1995), ‘Child Care Centers as Workplaces’ 25. Lourdes Benería and Maria S. Floro (2006), ‘Labour Market Informalization, Gender and Social Protection: Reflections on Poor Urban Households in Bolivia, Ecuador’ 26. M.V. Lee Badgett (2007), ‘Discrimination Based on Sexual Orientation: A Review of the Literature in Economics and Beyond’ 27. Wendy Sigle-Rushton and Jane Waldfogel (2007), ‘Motherhood and Women’s Earnings in Anglo-American, Continental European, and Nordic Countries’ 28. Pun Ngai (2007), ‘Gendering the Dormitory Labor System: Production, Reproduction, and Migrant Labor in South China’ 29. Elena Bardasi and Janet C. Gornick (2008), ‘Working for Less? Women’s Part-Time Wage Penalties Across Countries’ Volume III: Global Perspectives on Gender Acknowledgements An introduction to all three volumes by the editor appears in Volume I PART I THE GLOBAL ECONOMY AND ECONOMIC DEVELOPMENT A Globalization 1. Marilyn Carr, Martha Alter Chen and Jane Tate (2000), ‘Globalization and Home-Based Workers’ 2. Suzanne Bergeron (2001), ‘Political Economy Discourses of Globalization and Feminist Politics’ 3. Lourdes Benería (2003), ‘Markets, Globalization and Gender’ 4. Naila Kabeer (2004), ‘Globalization, Labor Standards and Women’s Rights: Dilemmas of Collective (In)Action in an Interdependent World’ 5. Stephanie Seguino (2007), ‘Plus Ça Change? Evidence on Global Trends in Gender Norms and Stereotypes’ 6. Elissa Braunstein (2008), ‘Making Policy Work for Women: Gender, Foreign Direct Investment and Development’ B Development, Macroeconomics, Trade and Finance 7. Anne Marie Goetz and Rina Sen Gupta (1996), ‘Who Takes the Credit? Gender, Power, and Control Over Loan Use in Rural Credit Programs in Bangladesh’ 8. Diane Elson and Nilüfer Çağatay (2000), ‘The Social Content of Macroeconomic Policies’ 9. Naila Kabeer (2001), ‘Conflicts Over Credit: Re-Evaluating the Empowerment Potential of Loans to Women in Rural Bangladesh’ 10. Stephanie Seguino and Caren Grown (2006), ‘Gender Equity and Globalization: Macroeconomic Policy for Developing Countries’ 11. Diane Elson, Caren Grown and Nilüfer Çağatay (2007), ‘Mainstream, Heterodox, and Feminist Trade Theory’ 12. Günseli Berik and Yana van der Meulen Rodgers (2008), ‘Engendering Development Strategies and Macroeconomic Policies: What’s Sound and Sensible?’ C The Environment and Ecological Relations 13. Bina Agarwal (1992), ‘The Gender and Environmental Debate: Lessons from India’ 14. Bina Agarwal (2000), ‘Conceptualising Environmental Collective Action: Why Gender Matters’ PART II INSTITUTIONAL FRAMEWORKS AND POLICIES FOR SOCIAL TRANSFORMATION 15. Barbara R. Bergmann (1997), ‘Government Support for Families with Children in the United States and France’ 16. Martha MacDonald (1998), ‘Gender and Social Security Policy: Pitfalls and Possibilities’ 17. Randy Albelda (2001), ‘Welfare-to-Work, Farewell to Families? US Welfare Reform and Work/Family Debates’ 18. Rhonda Sharp and Ray Broomhill (2002), ‘Budgeting for Equality: The Australian Experience’ 19. Susan Himmelweit (2002), ‘Making Visible the Hidden Economy: The Case for Gender-Impact Analysis of Economic Policy’ 20. Francesca Bettio and Janneke Plantenga (2004), ‘Comparing Care Regimes in Europe’ 21. Agneta Stark (2005), ‘Warm Hands in Cold Age – On the Need of a New World Order of Care’ 22. Jill Rubery (2005), ‘Reflections on Gender Mainstreaming: An Example of Feminist Economics in Action?’ 23. Caren Grown (2005), ‘Answering the Skeptics: Achieving Gender Equality and the Millennium Development Goals’ 24. Lourdes Benería (2008), ‘The Crisis of Care, International Migration, and Public Policy’ 25. Shahra Razavi (2008), ‘Maternalist Politics in Norway and the Islamic Republic of Iran’ 26. Stephanie Seguino (2008), ‘The Road to Gender Equality: Global Trends and the Way Forward’

Read more less

Book SynopsisThis unique, extensive Handbook illustrates that multinational enterprises can contribute substantially to the competitive advantage of small countries. It advances the notion that small nations increasingly need to rely on both home-grown and foreign multinational enterprises to achieve domestic economic success in industries characterized by international competition.The expert contributors explore the roles of firms in a range of small, successful open economies driven by such multinational enterprises across the globe. They juxtapose country data sets against Professor Michael Porter's paradigm of single diamond components and show that these single diamond components reflect merely a set of initial conditions, which can be improved upon through both inward and outward direct investment. Concluding that multinational enterprises create resource linkages between the home and host environments in which they operate, this Handbook proves to be a fascinating read for academics, students and researchers with an interest in business and management, economics and international economics.Trade Review'These studies of the international competitiveness of small open economies demonstrate the critical importance of foreign direct investment as an engine of economic development: multinational enterprises are the key drivers of international competitiveness.' -- Alan M. Rugman, University of Reading, UK'Globalization has made every country "small". The global economic crisis has made sure that every country has increasingly realised that it is "open" and "vulnerable" as well. This volume is both timely and relevant. Small country studies should become mainstream for scholars in business, economics and politics!' -- Rob van Tulder, RSM Erasmus University, the Netherlands'This book provides a fresh and clear-eyed view of the relationship between multinationals and location advantages of countries. It is one of the first attempts to build a constructive bridge between the theory of international business and the outstanding contribution of Michael Porter about the drivers of competitiveness. The authors address crucial issues demanding the attention of teachers, researchers, practitioners and political leaders.' -- Philippe Gugler, University of Fribourg, SwitzerlandTable of ContentsContents: 1. Small Nations in the Global Economy: An Overview Daniel Van Den Bulcke, Alain Verbeke and Wenlong Yuan 2. Globalization in the Netherlands Annelies Hogenbirk, John Hagedoorn and Hans van Kranenburg 3. Belgium’s Competitiveness: A Comparison of Foreign and Domestic Companies Filip De Beule and Ilke Van Beveren 4. Porter’s Diamond and Small Nations in the Global Economy: Ireland as a Case Study John Cassidy, Frank Barry and Chris van Egeraat 5. Upgrading the International Competitiveness of a Transition Economy: Slovenia in the European and Global Economy Andreja Jaklic, Matija Rojec and Marjan Svetlicic 6. Multinational Enterprises from Small Economies: The Internationalization Patterns of Large Companies from Denmark, Finland and Norway Gabriel Robertstad G. Benito, Jorma Larimo, Rajneesh Narula and Torben Pedersen 7. The Competitive Advantage of Canada: A Firm-level Analysis Wenlong Yuan and Alain Verbeke 8. Chile as an Example of the Augmented Diamond Robert Grosse 9. The Development Trajectory of a Small Island Economy: The Successful Case of Mauritius Jahan Ara Peerally and John Cantwell 10. New Zealand and the Challenge of Global Competition Peter Enderwick and Joanna Scott-Kennel 11. The Competitive Position of a Developing Economy: The Role of Foreign Direct Investment in Cambodia Ludo Cuyvers, Reth Soeng and Daniel Van Den Bulcke Index

Read more less

Book SynopsisMore than five years have passed since South Korea fell prey to the Asian financial crisis. Bringing together experts from Korea and a variety of other countries, this book aims to better understand the three stages of the Korean crisis: the onset, the policy reaction, and the economic response. Providing an integrated analysis of the event and its consequences, the chapters in the book consider the causes of the crisis, the response of the US government and International Monetary Fund, adjustments in the Korean monetary and fiscal policies, and the success of financial and corporate restructuring. The concluding chapters bring the story up-to-date, describing the aftermath of the crisis and assessing whether there has been sufficient reform to facilitate the country's recovery and growth.International and also Asian economists will find this a thoroughly accessible and illuminating book, as will specialists on Korea, political scientists and political economists.Table of ContentsContents: Foreword 1. Introduction 2. The Korean Economy Before and After the Crisis 3. What Caused the Crisis? A Post Mortem 4. US Policy Toward the Crisis 5. The Monetary Policy Response to the Crisis 6. The Fiscal Policy Response to the Crisis 7. Social Impact of the Crisis 8. Financial Restructuring 9. Corporate Restructuring 10. Changes in the Labor Markets and Industrial Relations 11. Transparency and Social Capital 12. Social Realignment, Coalition Change and Political Transformation 13. Recurrence of Financial Crises: Cross-Country Patterns and Implications for Korea 14. Reform and the Risk of Recurrence of Crisis References Index

Read more less

Book SynopsisThis book focuses on the effects of welfare state arrangements on the dynamics of poverty in Europe. The author contends that the EU is primarily based on economic integration and as a result social policy issues have remained secondary considerations. The question of whether or not there is a role for the EU to play in social policy is answered in Didier Fouarge's investigation of the constructive and restrictive characteristics of subsidiarity.Using long-running panel data from three distinctive EU welfare states (the Netherlands, Germany and Great Britain), as well as data from the European Community Household Panel, the author analyses the determinants of long-term poverty and the processes underlying poverty transitions. At the individual level, labour market participation and human capital turn out to be important determinants. However, even in the long run most redistribution results from social protection transfers. The book demonstrates that social protection, far from being just a financial burden to the economy, can be seen as a productive factor. The findings endorse active policies aimed at human capital formation as a way to meet Europe's future economic and social challenges.Providing an economic framework in which to understand the productive effects of social protection, this book will be invaluable to researchers, academics and students with an interest in economics, sociology and political science. Its analysis of the performance of national and European policies will also ensure the book's appeal to governmental institutions and policymakers.Table of ContentsContents: 1. Introduction: Poverty, Subsidiarity and the European Union 2. The Concept of Subsidiarity 3. Subsidiarity in Economics 4. European Welfare Regimes and Poverty 5. Income Redistribution and Poverty in Three European Welfare States 6. The Dynamics of Poverty 7. Social Europe: Fiscal Competition or Co-ordination? 8. Poverty in Europe: Which Way to Go Now? Appendices Appendix 1: A Simple Insurance Model Appendix 2: Description of the Data Appendix 3: Measuring Inequality Appendix 4: Model for Poverty Profiles References Index

Read more less

Book SynopsisThis authoritative collection of papers covers a broad spectrum of topics in theoretical and applied economics and econometrics. The tone of the book is set by Paul Klemperer's contribution on using and abusing economic theory, in which academics are encouraged to widen the scope of their analyses beyond the confines of elegant models which sometimes lack 'real-world' detail. As a result, many of the chapters in this volume share a high degree of practical relevance. Extensive discussion of a variety of contemporary issues in economics and econometrics follows, including: theoretical contributions in economics: the economics of auctions; industry sunk costs and entry dynamics econometric theory: automated-model selection; conditions for weak-exogeneity in vector correction models; Bayesian inference for trended economic time series; Gibbs sampling for truncated multivariate normal distributions methodology and applications: lag-length selection in non-linear dynamic models; the relationship between intercepts, threshold and autoregressive coefficients in the two-regime self-exciting autoregressive model; the problems caused by incomplete data for econometric modelling of the term structure of interest rates and also in models using unbalanced panel data; the informational content of the term structure of interest rates with respect to future inflation. The wide variety of topics explored, along with the focus on practical application, will make this book particularly valuable reading for students and applied researchers as well as appealing to a wider academic audience. Trade Review'. . . this book is a collection of a number of interesting papers on various topics.' -- Nilanjana Roy, Economic Record'All of the papers share a high level of practical relevance and usefulness that is sometimes missing in economic research. Indeed, the reader will find that very issue taken up as the theme of Paul Klemperer's delightful essay, and all five papers under the heading of "econometric theory" will be extremely useful for most applied researchers. I hope that the reader will also share my feeling of gratitude toward Ralf Becker and Stan Hurn for putting together this outstanding permanent record of some of the conference's most important contributions.' -- From the foreword by James D. Hamilton, University of California, San Diego, USTable of ContentsContents: Foreword Part I: Economic Theory 1. Using and Abusing Economic Theory 2. Industry Sunk Cost and Entry Dynamics Part II: Econometric Theory 3. Sub-Sample Model Selection Procedures in General-to-Specific Modelling 4. A Gibbs’s Sampler for the Parameters of a Truncated Multivariate Normal Distribution 5. A Necessary and Sufficient Condition for Weak Exogeneity in Vector Error Correction Models 6. Bayesian Graphical Inference for Economic Time Series that may have Stochastic or Deterministic Trends Part III: Applications 7. The Impact of Monetary Policy in the UK on the Relationship between the Term Structure of Interest Rates and Future Inflation 8. Missing Data and Interpolation in Dynamic Term Structure Models 9. Choosing Lag Lengths in Nonlinear Dynamic Models 10. D-TAR versus C-TAR Models? Modelling the Dynamics of Inflation 11. Predicting Incomplete Observations in Unbalanced Panels: A Kalman Filtering-Smoothing Approach Index

Read more less

Book SynopsisIn this book, Tingsong Jiang extensively discusses the wider issues of economic instruments of pollution control as well as paying specific attention to the control of carbon dioxide emissions in China. The book begins with a general analysis of economic instruments of pollution control, and is followed by the application of these in CO2 emission control. The former presents the discussion of pollution control policies in general equilibrium settings, focusing on the comparison of pollution taxes and tradable permits in certain kinds of circumstances with imperfections such as uncertainty and pre-existing distortions. An empirical evaluation of China's environmental policies is also included. The latter brings the discussion into the area of global warming policies with the focus on the implications to China. A dynamic general equilibrium model, G-Cubed-T, is developed to produce CO2 emissions projections from China, the US and the rest of the world, and to simulate various policy targets and instruments China may adopt to control its CO2 emissions.With its systematic evaluation of China's environmental policy, this thorough and rigorous assessment will be invaluable reading for academics in environmental economics and environmental management, policy analysts in environmental protection and global warming fields, policymakers and government officials around the world, as well as China specialists.Trade Review'This important book by Dr Tingsong Jiang presents a framework for analysing the policies needed to tackle China's myriad of local as well as global environmental problems. It is a rigorous and innovative volume covering theoretical and empirical issues as well as focusing the results of the research directly into current debates on environmental policy in China.' -- From the preface by Warwick McKibbinTable of ContentsContents: Preface by Warwick J. McKibbin 1. Economic Instruments of Pollution Control: An Introduction Part I: Economics of Pollution Control Policy 2. Earmarking of Pollution Charges and the Sub-optimality of the Pigouvian Tax 3. Stochastic General Equilibrium and Environmental Policy Choice 4. Effectiveness and Efficiency: An Assessment of China’s Environmental Protection Policy Part II: Economic Instruments of Carbon Dioxide Emissions Control 5. Policy Choices of International Carbon Dioxide Emissions Control 6. A Dynamic General Equilibrium Model of the Chinese Economy 7. Projection of China’s Carbon Dioxide Emissions 8. Policy Options of Carbon Dioxide Emissions Control in China 9. Conclusion References Index

Read more less

Book SynopsisIn this collection of autobiographical essays, 26 prominent scholars detail their profes sional development, while offering insight into their lives and philosophies. With candor and humor they relate how they came to the field of economics, as well as how their views have evolved over the years.Highlights of the collection include discussions by: Irma Adelman on how World War II shaped her life; Mark Blaug on how Marxism, involvement with the Communist Party, and McCarthyism influenced his scholarship; Victor Fuchs on economic perspective and its applicability to many disciplines; Allan Meltzer on his development as a researcher; and Julian Simon on his eclectic career and untraditional path to economics. Examining the essayists' reflections affords us the opportunity to explore the question of what makes distinctive and exciting scholarship while allowing us to probe the criteria for excellence. These thoughtful essays will be of great value to students of economics and to all those interested in personal recollections of wise and accomplished scholars.Trade Review'This book should be called to the attention of every graduate student in economics if for no other reason than the guidance the authors provide on career choice, the socialization of economists, identifying topics worthy of study, and most important, on alternative views on what and how to teach economics.' -- William Becker, Journal of Economic Literature'We are indebted to Michael Szenberg's persuasive powers in eliciting the self-analyses of economists . . . For these insights, the budding economist as well as the historian of thought should be grateful.' -- From the foreword by Kenneth J. ArrowTable of ContentsContents and Contributors: Foreword by Kenneth J. Arrow Preface Introduction Aron Gottesman, Lall Ramrattan and Michael Szenberg 1. My Life Philosophy Irma Adelman 2. My Life Philosophy Bela Balassa 3. Thinking about Economics Carolyn Shaw Bell 4. Pushing for a More Humane Society Barbara R. Bergmann 5. Not only an Economist – Autobiographical Reflections of a Historian of Economic Thought Mark Blaug 6. Instead of a Philosophy of Life Martin Bronfenbrenner 7. Sex and the Ivy League Graciela Chichilnisky 8. The Story of a Reluctant Economist Richard A. Easterlin 9. My Life and Economics Ronald G. Ehrenberg 10. Education and its Consequences: My Philosophy of Life Victor R. Fuchs 11. A Roundabout Approach to Macroeconomics: Some Autobiographical Reflections Roger W. Garrison 12. My Life Philosophy Eli Ginzberg 13. Reflections of a Policy Economist Edward M. Gramlich 14. My Life Philosophy Everett E. Hagen 15. Political Economy, Politics and Religion: Intertwined and Indissoluble Passions G.C. Harcourt 16. Some Ethical and Methodological Convictions E. Malinvaud 17. Trains of Thought Harry M. Markowitz 18. My Life Philosophy Allan H. Meltzer 19. Following the Indicators Geoffrey H. Moore 20. A View from the Midway Walter Y. Oi 21. What Makes My Mind Tick Mark Perlman 22. To Push and to be Pushed Kurt W. Rothschild 23. An Accidental Schumpeterian F.M. Scherer 24. Philosophy and My Work Life Julian L. Simon 25. Life and Philosophy Hirofumi Uzawa 26. A Life Philosophy Sir Alan Walters

Read more less

Book SynopsisEconomic crime is, by definition, crime committed to gain profit within an otherwise legitimate business. Examples are illegal pollution, brand name infringement and tax evasion. The victims of such crimes may be private citizens, businesses and the state. The leading authors in this vital new book survey recent advances in the study of economic crime from a variety of disciplinary perspectives.The key areas examined are: the economics of corporate crime enforcing regulation law and economics of environmental crime corporate fraud and tax evasion the history of economic crime This important volume will be of interest to scholars and policymakers involved in examining and regulating economic crime in both developed and developing countries. Trade Review'This book brings together a collection of essays that gives the reader an up-to-date perspective on the current research in corporate crime, ranging from regulatory and tax non-compliance to fraud, money-laundering and the role of organised crime in legitimate enterprises. The essays don't provide all the answers but certainly ask all the right questions. This book will be of value to regulators, law enforcement agents, criminologists, economists and lawyers, and all students of the economics of crime.' -- Kent Matthews, Cardiff University, UKTable of ContentsContents: 1. Introduction 2. The Economics of Business Crime 3. Corporate Crime, Markets and Enforcement: A Review 4. Enforcing Regulation: Do We Need the Criminal Law? 5. Law and Economics of Environmental Crime 6. Corporate Governance and Financial Distress 7. Tax Compliance by Business 8. Historical Perspectives: Swedish and International Examples Index

Read more less

Book SynopsisSocial Europe analyses the diverse dynamics of the lives of people across Europe. It is the first quantitative analysis of its kind to make a systematic comparison of life chances across the fifteen countries of the EU. This wide perspective enables the researchers to illustrate how social policy regimes interact with personal resources and circumstances to affect people's well-being.Assessing changes in individuals' lives over time, the study highlights variations in life-opportunities across the EU in the key domains of family, employment and income. The research is based on a new and powerful survey that has followed a large sample of families in each country over a period of years. This 'longitudinal' approach provides insights into the processes by which people acquire their social positions over time. The analysis identifies systematic differences between countries, and looks for explanations in terms of the welfare regime or other characteristics of the countries concerned. Thus the 'micro' dynamics of personal experience are related to 'macro' trends in institutions and policies, social norms and economic conditions.Identifying the effects of country and of social policy regime on individual outcomes, Social Europe will provide new insights for social scientists, especially those involved in European comparative research, or whose interests lie in the fields of family, employment, income or social exclusion. The book will also appeal to those engaged in the analysis or formulation of social policy, whether at national or international level.Trade Review'Collectively, the chapters offer valuable insights on conducting cross-national comparative research, especially the strengths and weaknesses of the welfare regime approach. They also provide useful case studies that complement the methodological literature on longitudinal analysis.' -- Nick Axford, Social Research Association NewsletterTable of ContentsContents: Preface 1. Introduction 2. Patterns of Family Living 3. Transitions to Adulthood 4. Family Effects on Employment 5. Standard and Non-Standard Employment: Gender and Modernisation in European Labour Markets 6. Labour Market Mobility Patterns 7. Unemployment and Welfare Regimes: Measurement, Search Activity and Income Distribution 8. Income and Patterns of Inequality 9. The Dynamics of Income Poverty 10. Deprivation and Social Exclusion 11. Conclusion: Micro-Dynamics and Public Regulation Appendix Index

Read more less

Book SynopsisBenefit transfer is the practice of estimating economic values at a target site by utilising the results of existing studies for different sites. It is commonly used to estimate values for changes in environmental conditions where time and cost factors constrain the direct application of non-market valuation techniques at the target site. The focus of this unique collection of case studies is the validity and accuracy of benefit transfer using choice modelling, rather than the traditional focus of transferring results from contingent valuation and travel cost models. The book includes a simple guide to using choice modelling results in a benefit transfer process, an overview of the theoretical issues involved, and a number of case studies from Australia, Finland, New Zealand, the UK and the US. The conclusion is that the benefit transfer process is not straightforward, but that use of the choice modelling technique allows for more 'automatic' adjustment of values by the factors that frame the case study of interest. This book will strongly appeal to a wide ranging readership, including academics, students and researchers involved in non-market valuation and benefit transfer research, policymakers requiring the use of benefit transfer in valuation studies, and consultants and researchers performing benefit transfer studies.Trade Review'The book is an excellent collection of case studies spanning a wide range of environmental resources, institutional frames and political contexts. It also presents an impressive amount of methodological issues on how to perform benefit transfer and how to test for its accuracy. . . the book is an important addition to the literature.' -- Giovanni Concu, Economic RecordTable of ContentsContents: 1. Choice Modelling and the Transfer of Environmental Values Jeff Bennett 2. A Simple Guide to Choice Modelling and Benefit Transfer John Rolfe 3. Theoretical Issues in Using Choice Modelling Data for Benefit Transfer John Rolfe 4. Stated Preference Benefit Transfer Approaches for Estimating Passive Use Value of Wild Salmon John Loomis 5. Valuing New South Wales Rivers for Use in Benefit Transfer Mark Morrison and Jeff Bennett 6. Testing for Benefit Transfer Over Water Quality Benefits Nick Hanley, Robert E. Wright and Begona Alvarez-Farizo 7. Testing Benefit Transfer with Water Resources in Central Queensland, Australia John Rolfe, Adam Loch and Jeff Bennett 8. Transferring Mitigation Values for Small Streams Geoffrey N. Kerr and Basil M.H. Sharp 9. Transferring the Environmental Values of Wetlands Stuart M. Whitten and Jeff Bennett 10. Generalising Environmental Values: The Case of the National Land and Water Resources Audit in Australia Martin van Bueren and Jeff Bennett 11. Valuing Aboriginal Cultural Heritage across Different Population Groups John Rolfe and Jill Windle 12. The Significance of Policy Instruments in Benefit Transfer Paula Horne and Jeff Bennett Index

Read more less

Book SynopsisThis three volume set gathers together selected key articles in evolutionary economics, ordering these into the domains of micro analysis (concerned with agents), meso analysis (concerned with rule populations and trajectories) and macro analysis (concerned with the structure and development of the whole economy). This authoritative collection, with an original introduction by the editors, will be of interest to scholars and researchers seeking to understand how evolutionary economics fits together and to advance such an integrated approach.Table of ContentsContents: Volume I: Evolutionary Microeconomics Acknowledgements Introduction Kurt Dopfer and Jason Potts PART I THE AGENT 1. John B. Davis (2008), ‘Complex Individuals: The Individual in Non-Euclidian Space’ 2. David Lane, Franco Malerba, Robert Maxfield and Luigi Orsenigo (1996), ‘Choice and Action’ 3. Félix-Fernando Muñoz, María-Isabel Encinar and Carolina Cañibano (2011), ‘On the Role of Intentionality in Evolutionary Economic Change’ 4. Caroline Gerschlager (2012), ‘Agents of Change’ 5. Thomas Grebel, Andreas Pyka and Horst Hanusch (2003), ‘An Evolutionary Approach to the Theory of Entrepreneurship’ 6. Anthony M. Endres and Christine R. Woods (2010), ‘Schumpeter’s “Conduct Model of the Dynamic Entrepreneur”: Scope and Distinctiveness’ 7. Giovanni Dosi, Luigi Marengo and Giorgio Fagiolo (2005), ‘Learning in Evolutionary Environments’ PART II FIRM AND HOUSEHOLD 8. Richard R. Nelson and Davide Consoli (2010), ‘An Evolutionary Theory of Household Consumption Behavior’ 9. Ulrich Witt (2001), ‘Learning to Consume – A Theory of Wants and the Growth of Demand’ 10. Gunnar Eliasson (1990), ‘The Firm as a Competent Team’ 11. Sidney G. Winter (2006), ‘Toward a Neo-Schumpeterian Theory of the Firm’ 12. Richard N. Langlois (2002), ‘Modularity in Technology and Organization’ 13. Herbert A. Simon (2005), ‘Darwinism, Altruism and Economics’ PART III AGENT-BASED MODELS 14. Leigh Tesfatsion (2002), ‘Agent-Based Computational Economics: Growing Economies From the Bottom Up’ 15. Andreas Pyka and Giorgio Fagiolo (2007), ‘Agent-Based Modelling: A Methodology for Neo-Schumpeterian Economics’ 16. David A. Lane (1993), ‘Artificial Worlds and Economics, Part I’ 17. David A. Lane (1993), ‘Artificial Worlds and Economics, Part II’ PART IV NOVELTY AND CHANGE 18. Katherine Nelson and Richard R. Nelson (2002), ‘On the Nature and Evolution of Human Know-How’ 19. Ulrich Witt (2009), ‘Novelty and the Bounds of Unknowledge in Economics’ 20. David A. Lane and Robert R. Maxfield (2005), ‘Ontological Uncertainty and Innovation’ 21. Thomas Grebel (2009), ‘Technological Change: A Microeconomic Approach to the Creation of Knowledge’ Volume II: Evolutionary Mesooeconomics Introduction Kurt Dopfer and Jason Potts PART I ANALYTICAL FRAMEWORK 1. Kurt Dopfer, John Foster and Jason Potts (2004), ‘Micro–Meso–Macro’ 2. Elinor Ostrom and Xavier Basurto (2011), ‘Crafting Analytical Tools to Study Institutional Change’ 3. Olivier Brette and Caroline Mehier (2008), ‘Building on the Micro–Meso–Macro Evolutionary Framework: The Stakes for the Analysis of Clusters of Innovation’ PART II POPULATION THINKING AND VARIETY 4. John Stanley Metcalfe (2008), ‘Accounting for Economic Evolution: Fitness and the Population Method’ 5. Uwe Cantner and Jens J. Krüger (2008), ‘Micro-Heterogeneity and Aggregate Productivity Development in the German Manufacturing Sector: Results from a Decomposition Exercise’ PART III SCHUMPETERIAN THEMES 6. Horst Hanusch and Andreas Pyka (2007), ‘Principles of Neo-Schumpeterian Economics’ 7. Esben Sloth Andersen (2008), ‘Fundamental Fields of Post-Schumpeterian Evolutionary Economics’ 8. Alain Alcouffe and Thomas Kuhn (2004), ‘Schumpeterian Endogenous Growth Theory and Evolutionary Economics’ 9. Kurt Dopfer (2012), ‘The Origins of Meso Economics: Schumpeter’s Legacy and Beyond’ PART IV SECTORAL DYNAMICS 10. Witold Kwasnicki and Halina Kwasnicki (1992), ‘Market, Innovation, Competition: An Evolutionary Model of Industrial Dynamics’ 11. Sidney G. Winter, Yuri M. Kaniovski and Giovanni Dosi (2003), ‘A Baseline Model of Industry Evolution’ 12. Franco Malerba (2006), ‘Innovation and the Evolution of Industries’ 13. Andreas Pyka (2000), ‘Informal Networking and Industrial Life Cycles’ 14. Uwe Cantner and Georg Westermann (1998), ‘Localized Technological Progress and Industry Structure: An Empirical Approach’ 15. Steven Klepper (1997), ‘Industrial Life Cycles’ 16. Johann Peter Murmann and Koen Frenken (2006), ‘Toward a Systematic Framework for Research on Dominant Designs, Technological Innovations, and Industrial Change’ 17. Simona Iammarino and Philip McCann (2006), ‘The Structure and Evolution of Industrial Clusters: Transactions, Technology and Knowledge Spillovers’ PART V SELECTION AND PATH DEPENDENCE 18. Thorbjørn Knudsen (2002), ‘Economic Selection Theory’ 19. Jeroen C.J.M. van den Bergh and John M. Gowdy (2009), ‘A Group Selection Perspective on Economic Behavior, Institutions and Organizations’ 20. Nathalie Lazaric and Alain Raybaut (2005), ‘Knowledge, Hierarchy and the Selection of Routines: An Interpretative Model with Group Interactions’ 21. Koen Frenken, Paolo P. Saviotti and Michel Trommetter (1999), ‘Variety and Niche Creation in Aircraft, Helicopters, Motorcycles and Microcomputers’ 22. Paul A. David (2005), ‘Path Dependence in Economic Processes: Implications for Policy Analysis in Dynamical System Contexts’ 23. W. Brian Arthur (1989), ‘Competing Technologies, Increasing Returns, and Lock-In by Historical Events’ 24. Ron Martin and Peter Sunley (2010), ‘The Place of Path Dependence in an Evolutionary Perspective on the Economic Landscape’ PART VI INSTITUTIONS 25. Richard R. Nelson and Bhaven N. Sampat (2001), ‘Making Sense of Institutions as a Factor Shaping Economic Performance’ 26. Jason Potts (2007), ‘Evolutionary Institutional Economics’ 27. Geoffrey M. Hodgson (1997), ‘The Ubiquity of Habits and Rules’ 28. Richard R. Nelson (2008), ‘What Enables Rapid Economic Progress: What are the Needed Institutions?’ 29. Wolfram Elsner (2010), ‘The Process and a Simple Logic of “Meso”. Emergence and the Co-Evolution of Institutions and Group Size’ Volume III: Evolutionary Macroeconomics Acknowledgements Introduction Kurt Dopfer and Jason Potts PART I SYSTEMS VIEW AND SYNTHESIS 1. Richard P.F. Holt, J. Barkley Rosser, Jr. and David Colander (2010), ‘The Complexity Era in Economics’ 2. Peter M. Allen (2005), ‘Understanding Social and Economic Systems as Evolutionary Complex Systems’ 3. Sylvie Geisendorf (2009), ‘The Economic Concept of Evolution: Self-Organization or Universal Darwinism?’ PART II EVOLUTIONARY MACROECONOMIC PERSPECTIVES 4. John Foster (2011), ‘Evolutionary Macroeconomics: A Research Agenda’ 5. Domenico Delli Gatti, Edoardo Gaffeo and Mauro Gallegati (2010), ‘Complex Agent-Based Macroeconomics: A Manifesto for a New Paradigm’ 6. Bart Verspagen (2002), ‘Evolutionary Macroeconomics: A Synthesis between Neo-Schumpeterian and Post-Keynesian Lines of Thought’ 7. Giovanni Dosi, Giorgio Fagiolo and Andrea Roventini (2010), ‘Schumpeter Meeting Keynes: A Policy-Friendly Model of Endogenous Growth and Business Cycles’ 8. Ping Chen (2005), ‘Evolutionary Economic Dynamics: Persistent Cycles, Disruptive Technology and the Trade-Off Between Stability and Complexity’ PART III MACRO STRUCTURE 9. Fulvio Castellacci (2009), ‘The Interactions between National Systems and Sectoral Patterns of Innovation: A Cross-Country Analysis of Pavitt’s Taxonomy’ 10. Pier Paolo Saviotti and Andreas Pyka (2008), ‘Micro and Macro Dynamics: Industry Life Cycles, Inter-Sector Coordination and Aggregate Growth’ 11. Michael Peneder (2003), ‘Industrial Structure and Aggregate Growth’ PART IV EVOLUTIONARY GROWTH AND DEVELOPMENT THEORY 12. Richard R. Nelson (2008), ‘Economic Development from the Perspective of Evolutionary Economic Theory’ 13. J. Stanley Metcalfe (2001), ‘Evolutionary Approaches to Population Thinking and the Problem of Growth and Development’ 14. Gerald Silverberg and Bart Verspagen (2005), ‘Evolutionary Theorizing on Economic Growth’ 15. J. Stanley Metcalfe, John Foster and Ronnie Ramlogan (2006), ‘Adaptive Econiomic Growth’ 16. Pier Paolo Saviotti and Andreas Pyka (2004), ‘Economic Development, Qualitative Change and Employment Creation’ PART V NATIONAL INNOVATION SYSTEMS 17. Bengt Åke Lundvall (1988), ‘Innovation as an Interactive Process: From User-Producer Interaction to the National System of Innovation’ 18. Chris Freeman (1995), ‘The “National System of Innovation” in Historical Perspective’ 19. Tim Kastelle, Jason Potts and Mark Dodgson (2010), ‘The Evolution of Innovation Systems’ PART VI EVOLUTIONARY ECONOMIC POLICY 20. Ulrich Witt (2003), ‘Economic Policy Making in Evolutionary Perspective’ 21. Uwe Cantner and Andreas Pyka (2001), ‘Classifying Technology Policy from an Evolutionary Perspective’ 22. Bengt Åke Lundvall and Susana Borrás (2005), ‘Science, Technology, and Innovation Policy’ 23. Uwe Cantner, Bernd Ebersberger, Horst Hanusch, Jens J. Krüger and Andreas Pyka (2004), ‘The Twin Peaks in National Income: Parametric and Nonparametric Estimates’ 24. Carlota Perez (1985), ‘Microelectronics, Long Waves and World Structural Change: New Perspectives for Developing Countries’ 25. Dan Johansson (2010), ‘The Theory of the Experimentally Organized Economy and Competence Blocs: An Introduction’ 26. Kurt Dopfer and Jason Potts (2008), ‘Macro Dynamics, Growth and Development’

Read more less

Book SynopsisTaiwan, once one of the world's leading manufacturing economies, is now transforming into a service economy, with an emphasis on knowledge-based services. This metamorphosis has not been easy. As well as major changes in the industrial sector, human resource and policy development have been required, the experiences and implications of which are addressed in this book. Although Taiwan is only in the initial stage of transition from a material- or capital-based economy to a knowledge-based economy, the process has already provided valuable lessons to be learnt. The ramification of transformations in manufacturing, agriculture, finance, services, and the information technology industry are examined and discussed.Tain-Jy Chen and Joseph S. Lee go on to reveal the problems and difficulties that Taiwan has encountered in creating itself a new knowledge based economy, including its outmoded service sector, the inability of businesses to pursue global production and services, and the lack of capacity to create knowledge and to innovate. Providing a discernible insight into the transformation of one of the most prominent newly industrialized countries into a knowledge-based economy, this book will greatly appeal to academics, researchers, and those with a specific interest in knowledge management or Asian economies, as well as to economic analysts.Table of ContentsContents: Preface 1. The Challenges of the Knowledge-based Economy 2. Taiwan’s Responses to the Challenges of the Twenty-first Century 3. The Role of the Government in a Knowledge-based Economy 4. The Transformation of Taiwanese Agriculture 5. The Transformation of Traditional Manufacturing Industries 6. The Road to Financial Globalisation 7. The Globalisation of Business in Taiwan 8. Taiwan’s Knowledge-based Service Industry 9. US Semiconductor Patents Granted to Taiwan, South Korea and Japan 10. Knowledge Intensification in Taiwan’s IT Industry 11. The Changing Economic Matrix between Taiwan and China Index

Read more less

Book SynopsisLaw and the State provides a political economy analysis of the legal functioning of a democratic state, illustrating how it builds on informational and legal constraints. It explains, in an organised and thematic fashion, how competitive information enhances democracy while strategic information endangers it, and discusses how legal constraints stress the dilemma of independence versus discretion for judges as well as the elusive role of administrators and experts.Throughout the book, empirical evidence and comparative studies illuminate sometimes provocative theoretical views on issues such as: the place of the rule of law in constitutional and banking systems; regulation of copyright, art and heritage; innovations and technologies of communication and information; terrorism and media manipulation. Both private and public law, applied and theoretical issues are covered comprehensively.Academics and researchers of law and economics and public choice will find much to challenge and inform them within this book.Table of ContentsContents: Introduction: Making Sense of the State: A Political Economy Approach Part I: How to Shape a Democratic State: The Informational Constraint Part II: How to Control a Democratic State: The Legal Constraint Part III: The State at Work: Regulation and Public Policies under Informational and Legal Constraints Index

Read more less

Book SynopsisBy adopting a wide-ranging perspective, this book addresses the key issues relevant to contemporary China, providing a valuable tool with which to understand the challenges and opportunities facing political and economic actors, both domestic and foreign, over the next decades. The book addresses key issues now subject to considerable debate, such as sustainable growth, the imbalances in society deriving from growing inequalities and environmental threats. Concluding this section is an overview of how Chinese-US relations, and China's geo-political role at the international level, have evolved at the turn of the 21st century.The book then goes on to analyse those issues linked to the impacts of recent welfare system reforms. In particular, those impacts on the health care and pension systems, growing unemployment deriving from reform of state-owned enterprises and the related phasing out of the 'cradle-to-grave' welfare system. The closing chapter looks at the potential provided by a fast-growing insurance market in conjunction with WTO opening measures, to assess whether increased opportunities are likely to arise for foreign insurance suppliers.Scholars of political economy and international economics as well as academics and researchers of Asian - particularly Chinese studies, will find this book of great value.Trade Review'This well-organised, well-presented collection of essays on contemporary China not only offers a useful compendium for those who want a concentrated overview of the mainland's development, but also provides some closely-argued pointers to where the country is heading. . . The collection's editor, Maria Weber, offers an excellent introduction as well as a conclusion and an analysis of Chinese-American relations.' -- Jonathan Fenby, Asian AffairsTable of ContentsContents: Part I: Outstanding Challenges 1. Can Rapid Economic Growth Continue? 2. Economic Growth and the ‘Luxury’ of a Clean Environment: Is a Short Cut Possible in China? 3. One, Two or Three Chinas? Evidence of Increasing Spatial Inequality from 1990 to 2000 4. US–China: A New Balance of Power in East Asia Part II: The Reform of the Welfare System 5. State-Owned Enterprises Reform and Rising Unemployment 6. Dealing with an Ageing Population in China 7. In Search of an Inclusive Public Health Care System 8. Liberalisation of Trade in Insurance Services: Widening Opportunities for Foreign Suppliers? 9. Conclusions Index

Read more less

Book SynopsisExploring the Tomato engages with an apparently simple fruit in order to reveal major changes to society and economy. It treats the tomato as an object of fascination and as a probe into major historical changes in twentieth century capitalism.From first domestication to genetic modification, from Aztec salsa to supermarket pizza, the tomato has been continually transformed in the ways it has been produced, exchanged and consumed. This book explores what brings about a variety that is at once biological, historical and socio-economic. A conceptual framework of 'instituted economic process' demonstrates how different tomato forms are an expression of dynamic processes in capitalist economies and societies during the twentieth century. As both an early pioneer in mass production and a contemporary contributor to the creation of global cuisines, the tomato has been subject to intense innovation. Computerised total ecologies under glass, producing fresh tomatoes of all shapes, colours and sizes, compete with sun and southern climates across the world. To enter the variety of tomato worlds is to discover the variety of capitalism.Written in an accessible style, this book makes a major contribution to the emerging field of economic sociology and to our understanding of the innovation process. It should be read by anyone concerned with social science, particularly economists and sociologists, as well as those interested in food and the history of food.Trade Review'. . . this volume is a fascinating interdisciplinary study, and well worth reading.' -- Long Range Planning'Exploring the Tomato is a fascinating and stimulating read,interweaving human stories provided by avowedly economic agents within an explicitly relational analytical framework.' -- Tony Gore, Economic Issues'The authors of this book claim that the tomato's history mirrors a fundamental shift in how we produce, process, market, and consume our food. To make the case, they combine historical research with organizational analysis, case studies, and interviews with growers, seed producers, warehouse operatives, food processors, and store managers. The results are impressive.' -- James J. Lang, Technology and Culture'Exploring the Tomato is a wonderful study of contemporary capitalism, as mirrored through the tomato. The authors explore social, economic, historical and biological aspects of the tomato in what deserves to become a minor classic. Read it and enjoy!' -- Richard Swedberg, Cornell University, USTable of ContentsContents: 1. The Human Tomato Part I: From Domestication to Genetic Modification 2. From Nature into Culture and Economy 3. Broken Glass 4. The Round European Tomato 5. The Fabrication of Nature 6. The Rise and Fall of the Genetically Modified Tomato Part II: Twentieth-Century Tomato Configurations 7. Tomato: A Pioneer of Mass Production 8. The Battle of Tomato Identities: The Rise of Supermarket Own-Label 9. Growing New Routes 10. Supermarket Tomato 11. Tomato Variations or Plus C’est la Même Chose, Plus ça Change Bibliography Appendix: List of Interviews Index

Read more less

Book SynopsisDespite a wealth of efforts that examine separately the role entrepreneurs and universities play in economic development, no systematic effort has been made to examine the role universities play in promoting economic development through entrepreneurship. This book fills that gap, focusing on policy aspects of government-university partnerships with a discussion both of best practices and problematic strategies. The book begins by tracing the history of American government-university-industry partnerships that have promoted economic development. In succeeding chapters, well-known scholars focus on linkages in different domains such as: technology transfer, innovation networks, brain drain, cluster-based planning, and manufacturing. Practitioner commentaries follow many of the chapters in order to present an evaluation of the arguments from the perspective of someone directly involved in the fostering of these relationships.Non-technical and accessible in nature, the chapters summarize existing knowledge and research in order to help policymakers, foundations, university officials, business leaders and other stakeholders create and enhance partnerships between universities and governments that encourage economic development through entrepreneurship.Table of ContentsContents: Introduction Scott Shane 1. An Historical Perspective on Government-University Partnerships to Enhance Entrepreneurship and Economic Development Irwin Feller Commentary Richard Pogue 2. Government Policies to Encourage Economic Development through Entrepreneurship: The Case of Technology Transfer Scott Shane Commentary Casey Porto 3. Creating Innovation Networks Among Manufacturing Firms: How Effective Extension Programs Work Susan Helper and Marcus Stanley Commentary Daniel Luria 4. Investing in the MEMS Regional Innovation Networks and the Commercialization Infrastructure of Older Industrial States Michael Fogarty Commentary William Seelbach 5. Buying Ohioans Loyalty? How State Financial Aid Affects Brain Drain Eric Bettinger and Erin Riley Commentary Robert Sheehan 6. On SBA-Guaranteed Lending and Economic Growth Ben Craig, William Jackson and James Thomson Commentary Robert Strom 7. Smart Places for Smart People: Cluster-based Planning in the 21st Century Knowledge Economy Michael Luger Commentary Hunter Morrison 8. Regional Wealth Creation and the 21st Century: Women and 'Minorities' in the Tradition of Economic Strangers John Butler 9. Universities, Entrepreneurship and Public Policy: Lessons from Abroad Bo Carlsson References Index

Read more less

Book Synopsis'. . . the book is a good example of the writing and reasoning style, sometimes vivid and intriguing, often used by NIE authors. Similarly, the book is a good sample of NIE's multidisciplinary approach to economics. . . The range of papers presented gives the reader a good picture of the variety of approaches used by NIE scholars, and their ability to integrate sociological and legal consideration within the economic analysis.'- Martino Bianchi, CEU Political Science JournalThe field of institutional economics has witnessed a surge in interest over recent years and has attracted the attention of a growing number of social scientists. This topical and highly informative collection brings together critical writings on the relationship between institutions and economic performance. The included works encompass seminal cross-country studies of 'whether institutions matter', as well as leading examples of within-country studies on the role of specific institutions. This indispensable volume includes an original introduction by the editor which explores the definition and measurement of institutions. The book is essential reading for anyone interested in institutions and economic development. Trade Review‘. . . the book is a good example of the writing and reasoning style, sometimes vivid and intriguing, often used by NIE authors. Similarly, the book is a good sample of NIE’s multidisciplinary approach to economics. . . The range of papers presented gives the reader a good picture of the variety of approaches used by NIE scholars, and their ability to integrate sociological and legal consideration within the economic analysis.’ -- Martino Bianchi, CEU Political Science JournalTable of ContentsContents: Acknowledgements Introduction Kevin E. Davis PART I INSTITUTIONAL ECONOMICS DEFINED 1. John R. Commons (1931), ‘Institutional Economics’ 2. Douglass C. North (1994), ‘Economic Performance Through Time’ PART II THE GENERAL RELATIONSHIP BETWEEN INSTITUTIONS AND ECONOMIC PERFORMANCE 3. Daron Acemoglu, Simon Johnson and James A. Robinson (2001), ‘The Colonial Origins of Comparative Development: An Empirical Investigation’ 4. Daron Acemoglu, Simon Johnson and James A. Robinson (2002), ‘Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution’ 5. Edward L. Glaeser, Rafael La Porta, Florencio Lopez de-Silanes and Andrei Shleifer (2004), ‘Do Institutions Cause Growth?’ 6. Rafael La Porta, Florencio Lopez-de-Silanes and Andrei Shleifer (2008), ‘The Economic Consequences of Legal Origins’ 7. Daniel Berkowitz, Katharina Pistor and Jean-Francois Richard (2003), ‘Economic Development, Legality, and the Transplant Effect’ 8. Samuel Bowles (1998), ‘Endogenous Preferences: The Cultural Consequences of Markets and Other Economic Institutions’ PART III THE ROLES OF SPECIFIC INSTITUTIONS 9. Dani Rodrik (2000), ‘Institutions for High-Quality Growth: What They Are and How to Acquire Them’ 10. Peter Evans (1992), ‘The State as Problem and Solution: Predation, Embedded Autonomy, and Structural Change’ 11. Mancur Olson (1993), ‘Dictatorship, Democracy, and Development’ 12. William J. Baumol (1990), ‘Entrepreneurship: Productive, Unproductive, and Destructive’ 13. Douglass C. North and Barry R. Weingast (1989), ‘Constitutions and Commitment: The Evolution of Institutions Governing Public Choice in Seventeenth-Century England’ 14. Timothy Besley (1995), ‘Property Rights and Investment Incentives: Theory and Evidence from Ghana’ 15. Timothy Besley and Robin Burgess (2000), ‘Land Reform, Poverty Reduction, and Growth: Evidence From India’ 16. Abhijit Banerjee and Lakshmi Iyer (2005), ‘History, Institutions, and Economic Performance: The Legacy of Colonial Land Tenure Systems in India’ 17. Bina Agarwal (1994), ‘Gender and Command Over Property: A Critical Gap in Economic Analysis and Policy in South Asia’ 18. Avner Greif (1994), ‘Cultural Beliefs and the Organization of Society: A Historical and Theoretical Reflection on Collectivist and Individualist Societies’ PART IV EXPLAINING INSTITUTIONAL VARIATION 19. Richard A. Posner (1980), ‘A Theory of Primitive Society, with Special Reference to Law’ 20. Vernon W. Ruttan and Yujiro Hayami (1984), ‘Toward a Theory of Induced Institutional Innovation’

Read more less

Book SynopsisThe football industry has long been the subject of theoretical and empirical analysis by economists. A study of the economics of football throws up a range of intriguing questions - from what determines the level of attendance at football matches to how efficient football managers are in producing team performance, given the playing resources available. This important collection considers these and other questions - such as: What drives the transfer value of players? How has the changing structure of football's labour market affected sporting and financial outcomes? How effective have football leagues been in maintaining competitive balance? Do football clubs seek to maximise profits? How predictable are football matches? Is the football betting market efficient?This authoritative two volume collection pulls together the work of leading sports economists over the last five decades to answer these and other questions using consumer theory, labour economics, industrial organisation and a range of other theoretical insights combined with econometric analysis. These innovative volumes bring together a careful synthesis of applied economics that will be of interest to all those concerned with analysing the real world.Trade Review‘The Economics of Association Football has a well-deserved spot on my bookshelf. In a technically competent and eminently readable style, with many new insights, Professor Gerrard provides the essential converge (demand, supply, labor, league structure, industrial performance) and much more. We get the first comprehensive treatment of betting market efficiency determined by actual match outcomes. And we are all better off from his impressive comparison of open leagues (promotion and relegation) and closed leagues (North American style). In the vernacular "a master on the sports business pitch scores a clear goal".' -- Rodney D. Fort, Washington State University, USTable of ContentsContents: Volume I Acknowledgements Introduction Bill Gerrard PART I ATTENDANCE DEMAND 1. R.A. Hart, J. Hutton and T. Sharot (1975), ‘A Statistical Analysis of Association Football Attendances’ 2. Peter J.W.N. Bird (1982), ‘The Demand for League Football’ 3. Nicholas Jennett (1984), ‘Attendances, Uncertainty of Outcome and Policy in Scottish League Football’ 4. Bruce Walker (1986), ‘The Demand for Professional League Football and the Success of Football League Teams: Some City Size Effects’ 5. David Peel and Dennis Thomas (1988), ‘Outcome Uncertainty and the Demand for Football: An Analysis of Match Attendances in the English Football League’ 6. S.M. Dobson and J.A. Goddard (1992), ‘The Demand for Standing and Seated Viewing Accommodation in the English Football League’ 7. S.M. Dobson and J.A. Goddard (1995), ‘The Demand for Professional League Football in England and Wales, 1925–92’ 8. Mark Baimbridge, Samuel Cameron and Peter Dawson (1996), ‘Satellite Television and the Demand for Football: A Whole New Ball Game?’ 9. Robert Simmons (1996), ‘The Demand for English League Football: A Club-level Analysis’ 10. David Forrest and Robert Simmons (2002), ‘Outcome Uncertainty and Attendance Demand in Sport: The Case of English Soccer’ 11. David Forrest, Robert Simmons and Patrick Feehan (2002), ‘A Spatial Cross-sectional Analysis of the Elasticity of Demand for Soccer’ PART II THE SPORTING PRODUCTION FUNCTION 12. Richard Audas, Stephen Dobson and John Goddard (1997), ‘Team Performance and Managerial Change in the English Football League’ 13. Rick Audas, Stephen Dobson and John Goddard (1999), ‘Organizational Performance and Managerial Turnover’ 14. Fiona Carmichael, Dennis Thomas and Robert Ward (2000), ‘Team Performance: The Case of English Premiership Football’ 15. Peter Dawson, Stephen Dobson and Bill Gerrard (2000), ‘Estimating Coaching Efficiency in Professional Team Sports: Evidence from English Association Football’ 16. Dieter J. Haas (2003), ‘Technical Efficiency in the Major League Soccer’ 17. R.H. Koning (2003), ‘An Econometric Evaluation of the Effect of Firing a Coach on Team Performance’ PART III THE FOOTBALL PLAYERS’ LABOUR MARKET AND TRANSFER SYSTEM 18. Peter J. Sloane (1969), ‘The Labour Market in Professional Football’ 19. F. Carmichael and D. Thomas (1993), ‘Bargaining in the Transfer Market: Theory and Evidence’ 20. Robert Simmons (1997), ‘Implications of the Bosman Ruling for Football Transfer Markets’ 21. Alan Speight and Dennis Thomas (1997), ‘Arbitrator Decision-making in the Transfer Market: An Empirical Analysis’ 22. Fiona Carmichael, David Forrest and Robert Simmons (1999), ‘The Labour Market in Association Football: Who Gets Transferred and For How Much?’ 23. Peter Antonioni and John Cubbin (2000), ‘The Bosman Ruling and the Emergence of a Single Market in Soccer Talent’ 24. Thomas Ericson (2000), ‘The Bosman Case: Effects on the Abolition of the Transfer Fee’ 25. Bill Gerrard and Steve Dobson (2000), ‘Testing for Monopoly Rents in the Market for Playing Talent: Evidence from English Professional Football’ 26. Stefan Szymanski (2000), ‘A Market Test for Discrimination in the English Professional Soccer Leagues’ 27. Spiros Bougheas and Paul Downward (2003), ‘The Economics of Professional Sports Leagues: Some Insights on the Reform of Transfer Markets’ 28. Eberhard Feess and Gerd Muehlheusser (2003), ‘Transfer Fee Regulations in European Football’ 29. Claudio Lucifora and Rob Simmons (2003), ‘Superstar Effects in Sport: Evidence from Italian Soccer’ Name Index Volume II Acknowledgements An introduction by the editor to both volumes appears in Volume I PART I COMPETITIVE BALANCE AND LEAGUE STRUCTURE 1. N. Jennett and P.J. Sloane (1985), ‘The Future League Football: A Critique of the Report of the Chester Committee of Enquiry’ 2. John A. Cairns (1987), ‘Evaluating Changes in League Structure: The Reorganization of the Scottish Football League’ 3. Thomas Hoehn and Stefan Szymanski (1999), ‘The Americanization of European Football’ 4. Stefan Szymanski (2001), ‘Income Inequality, Competitive Balance and the Attractiveness of Team Sports: Some Evidence and a Natural Experiment from English Soccer’ 5. Roger G. Noll (2002), ‘The Economics of Promotion and Relegation in Sports Leagues: The Case of English Football’ 6. Luigi Buzzacchi, Stefan Szymanski and Tommaso M. Valletti (2003), ‘Equality of Opportunity and Equality of Outcome: Open Leagues, Closed Leagues and Competitive Balance’ 7. Stephen Dobson and John Goddard (2004), ‘Revenue Divergence and Competitive Balance in a Divisional Sports League’ PART II INDUSTRIAL PERFORMANCE 8. Peter J. Sloane (1971), ‘The Economics of Professional Football: The Football Club as a Utility Maximiser’ 9. Stefan Szymanski and Ron Smith (1997), ‘The English Football Industry: Profit, Performance and Industrial Structure’ 10. S.M. Dobson and J.A. Goddard (1998), ‘Performance and Revenue in Professional League Football: Evidence from Granger Causality Tests’ 11. Stephen Dobson and John Goddard (1998), ‘Performance, Revenue, and Cross Subsidization in the Football League, 1927–1994’ 12. Stephen Dobson, John Goddard and Carlyn Ramlogan (2001), ‘Revenue Convergence in the English Soccer League’ 13. Stephen Hall, Stefan Szymanski and Andrew S. Zimbalist (2002), ‘Testing Causality Between Team Performance and Payroll: The Cases of Major League Baseball and English Soccer’ 14. Bill Gerrard (2005), ‘A Resource-Utilization Model of Organizational Efficiency in Professional Sports Teams’ PART III MATCH PREDICTION AND BETTING MARKET EFFICIENCY 15. Peter F. Pope and David A. Peel (1989), ‘Information, Prices and Efficiency in a Fixed-Odds Betting Market’ 16. Mark J. Dixon and Stuart G. Coles (1997), ‘Modelling Association Football Scores and Inefficiencies in the Football Betting Market’ 17. Michael Cain, David Law and David Peel (2000), ‘The Favourite-longshot Bias and Market Efficiency in UK Football Betting’ 18. David Forrest and Robert Simmons (2000), ‘Forecasting Sport: The Behaviour and Performance of Football Tipsters’ 19. David Forrest and Robert Simmons (2000), ‘Making Up the Results: The Work of the Football Pools Panel, 1963–1997’ 20. Tim Kuypers (2000), ‘Information and Efficiency: An Empirical Study of a Fixed Odds Betting Market’ 21. Martin Crowder, Mark Dixon, Anthony Ledford and Mike Robinson (2002), ‘Dynamic Modelling and Prediction of English Football League Matches for Betting’ PART IV INTERNATIONAL PERSPECTIVES 22. Ruud H. Koning (2000), ‘Balance in Competition in Dutch Soccer’ 23. Jaume García and Plácido Rodríguez (2002), ‘The Determinants of Football Match Attendance Revisited: Empirical Evidence From the Spanish Football League’ 24. Manuel Espitia-Escuer and Lucía Isabel García-Cebrián (2004), ‘Measuring the Efficiency of Spanish First-Division Soccer Teams’ Name Index

Read more less