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  • Articles  (7,383)
  • Blackwell Publishing Ltd  (7,383)
  • American Physical Society (APS)
  • 1995-1999  (7,383)
  • 1996  (7,383)
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  • Articles  (7,383)
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  • 1995-1999  (7,383)
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  • 1
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 48 (1996), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: The stability of collusion is analysed for a family of demand functions whose curvature is determined by a parameter varying between zero and infinity. When the number of firms is low, firms may prefer to act as quantity setters in order to increase cartel stability if demand is sufficiently convex. Otherwise, price-setting behaviour enhances their ability to collude. As the number of firms tends to infinity, Cournot behaviour is preferable to Bertrand behaviour in order to stabilize collusion, independently of the characteristics of market demand.
    Type of Medium: Electronic Resource
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  • 2
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 48 (1996), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper investigates the competitive implications of input price controls in a partially regulated industry where a vertically integrated firm has exclusive control over an input with natural monopoly characteristics. Such industry structures are commonly encountered in activities such as telecommunications, railways, electricity and water supply. It is shown that in a Cournot game such input price controls are unambiguously benefical to consumers. However, it is further demonstrated that there exist circumstances in which these controls may make the non-integrated firm worse off. Thus if the objective of input price regulation is to protect the non-integrated firm, such controls may prove to be counterproductive.
    Type of Medium: Electronic Resource
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  • 3
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 48 (1996), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: Franchised distribution accounts for a substantial proportion of retail sales each year. This form of vertical integration is frequently found in the accompaniment of parallel distribution through company-owned establishments. Similarly, franchise contracts are characterized by mixed compensation strategies. This paper contains empirical models of the market for franchise opportunities where incentives for mixed distribution and compensation strategies are evaluated.
    Type of Medium: Electronic Resource
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  • 4
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 48 (1996), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper uses aggregate data from 42 police-force areas over 12 years to test predictions of Becker's economic model of crime. The effects of measures for deterrence on the incidence of three types of acquisitive criminal activity (burglary, theft, robbery) in England and Wales are explored. Mixed support for the Becker model emerges. The growth in unemployment is seen to impact positively on two of the three types of criminal activity examined. Per capita household income is seen to have a negative effect on the recorded rates of burglary and theft, but there is some evidence that the income variable is a proxy for the effects of unemployment. Poor housing conditions and the relative youth of the population were also found to play a role in the determination of criminal activity.
    Type of Medium: Electronic Resource
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  • 5
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 48 (1996), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: The paper develops a cost frontier model of electricity distribution and estimates it on data for the 12 regional electricity companies of England and Wales. It is found that some significant cost drivers in cross-section estimation are insignificant when the model is estimated on panel data, highlighting the well-known drawbacks of cross-section estimation. Panel data estimation suggests that the main determinants of distribution operating costs are the number of customers in the area and simultaneous maximum demand. These results and the efficiency rankings of the companies are not sensitive to changes in error distribution assumptions and sample size. There is also significant evidence of economies of scale. There is a small but significant effect on cost efficiency from privatization, but this is as likely to be due to the changes in accounting policies at the time of privatization as any real effect.
    Type of Medium: Electronic Resource
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  • 6
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . After decades of apparent convergence, state and regional per capita earnings diverged between 1978 and 1988. A central tenet of the convergence hypothesis is that shocks to relative state and regional earnings, such as those of the 1978 to 1988 period, are transitory. We find evidence for convergence for the U.S. states and regions during the 1929 to 1990 period after allowing for a break in the rate at which the various states and regions were converging in 1946. An important finding of this research is that the US. states and regions achieved per capita earnings convergence by 1946.
    Type of Medium: Electronic Resource
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  • 7
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Book reviewed in this article: Social and Demographic Accounting, edited by Geoffrey J.D. Hewings and Moss Madden. Managing the Global Commons: The Economics of Climate Change, by William D. Nordhaus. The South as an American Problem, edited by Larry J. Grffin and Don H. Doyle. Imagineering Atlanta: The Politics of Place in the City of Dreams, by Charles Rutheiser. Planning for Cities and Regions in Japan, edited by Philip Shapira, Ian Masser, and David W. Edgington. Beyond the Great Wall: Urban Form and Transformations on the Chinese Frontiers, by Piper Rae Gaubatz. Community, Culture, and Economic Development: The Social Roots of Local Action, by Meredith Ramsay.
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  • 8
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . Relative to financial securities markets, information is a scarce commodity in real estate markets. If information diffuses quickly in real estate markets, then we can infer that telecommunications play an important role. On the other hand, spatial barriers such as rivers can slow down the assimilation of relevant information if face-to-face contacts are an important source of information. We examine whether and how the Connecticut River (along with bridges) alters the nature and strength of spatial diffusion of information on housing returns. We report strong evidence that the Connecticut River slows down the spatial diffusion of information and that its effects are consistent with face-to-face contact, as opposed to telecommunications.
    Type of Medium: Electronic Resource
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  • 9
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Type of Medium: Electronic Resource
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  • 10
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Book reviewed in this article: Gravity Models of Spatial Interaction Behavior, by Ashish Sen and Tony E. Smith. Urban Consumer Theory, by Geoffrey K. Turnbull. Corporate Geography: Business Location Principles and Cases, by Risto Laula-jainen and Howard A. Stafford. The Geography of Finance: Spatial Dimensions of Intermediary Behavior, by David J. Porteous. Sovereign Nations or Reservations? An Economic History of American Indians, by Terry L. Anderson. Peasantry to Capitalism: Western Östergötland in the Nineteenth Century, by Göran Hoppe and John Langton. Convergence and Divergence Among European Regions, edited by H. W. Armstrong and R. W. Vickerman.
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