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  • Blackwell Publishing Ltd
  • Periodicals Archive Online (PAO)
  • 2010-2014  (10)
  • 1985-1989  (50,956)
  • 1950-1954  (9,877)
  • 1945-1949  (6,522)
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  • 1
    Publication Date: 2017-04-04
    Description: Despite the advance in our understanding of the carbon exchange between terrestrial ecosystems and the atmosphere, semiarid ecosystems have been poorly investigated and little is known about their role in the global carbon balance. We used eddy covariance measurements to determine the exchange of CO2 between a semiarid steppe and the atmosphere over 3 years. The vegetation is a perennial grassland of Stipa tenacissima L. located in the SE of Spain. We examined diurnal, seasonal and interannual variations in the net ecosystem carbon balance (NECB) in relation to biophysical variables. Cumulative NECB was a net source of 65.7, 143.6 and 92.1 g C mˉ2 yrˉ1 for the 3 years studied, respectively. We separated the year into two distinctive periods: dry period and growing season. The ecosystem was a net source of CO2 to the atmosphere, particularly during the dry period when large CO2 positive fluxes of up to 15 μmol mˉ2 sˉ1 were observed in concomitance with large wind speeds. Over the growing season, the ecosystem was a slight sink or neutral with maximum rates of -2.3 μmol mˉ2 sˉ1. Rainfall events caused large fluxes of CO2 to the atmosphere and determined the length of the growing season. In this season, photosynthetic photon flux density controlled day-time NECB just below 1000 μmol mˉ2 sˉ1. The analyses of the diurnal and seasonal data and preliminary geological and gas-geochemical evaluations, including C isotopic analyses, suggest that the CO2 released was not only biogenic but most likely included a component of geothermal origin, presumably related to deep fluids occurring in the area. These results highlight the importance of considering geological carbon sources, as well as the need to carefully interpret the results of eddy covariance partitioning techniques when applied in geologically active areas potentially affected by CO2-rich geofluid circulation.
    Description: Published
    Description: 539–554
    Description: 4.5. Studi sul degassamento naturale e sui gas petroliferi
    Description: JCR Journal
    Description: reserved
    Keywords: alpha grass ; carbon sequestration ; ecosystem respiration ; eddy covariance ; geogas ; geothermal activity ; grasslands ; net ecosystem carbon balance ; 04. Solid Earth::04.04. Geology::04.04.12. Fluid Geochemistry
    Repository Name: Istituto Nazionale di Geofisica e Vulcanologia (INGV)
    Type: article
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  • 2
    Publication Date: 2017-04-04
    Description: We present an improved evaluation of the current strain and stress fields in Southern Apennines (Italy) obtained through a careful analysis of geodetic, seismological and borehole data. In particular, our analysis provides an updated comparison between the accrued strain recorded by geodetic data, and the strain released by seismic activity in a region hit by destructive historical earthquakes. To this end, we have used 9 years of GPS observations (2001-2010) from a dense network of permanent stations, a dataset of 73 well constrained stress indicators (borehole breakouts and focal mechanisms of moderate to large earthquakes), and published estimations of the geological strain accommodated by active faults in the region. Although geodetic data are generally consistent with seismic and geologic information, previously unknown features of the current deformation in southern Italy emerge from this analysis. The newly obtained GPS velocity field supports the well-established notion of a dominant NE-SW-oriented extension concentrated in a ~50 km wide belt along the topographic relief of the Apennines, as outlined by the distribution of seismogenic normal faults. Geodetic deformation is, however, non uniform along the belt, with two patches of higher strain-rate and shear stress accumulation in the north (Matese Mountains) and in the south (Irpinia area). Low geodetic strain-rates are found in the Bradano basin and Apulia plateau to the east. Along the Ionian Sea margin of southern Italy, in southern Apulia and eastern Basilicata and Calabria, geodetic velocities indicate NW-SE extension which is consistent with active shallow-crustal gravitational motion documented by geological studies. In the west, along the Tyrrhenian margin of the Campania region, the tectonic geodetic field is disturbed by volcanic processes. Comparison between the magnitude of the geodetic and the seismic strain-rates (computed using a long historical seismicity catalogue) allow detecting areas of high correlation, particularly along the axis of the mountain chain, indicating that most of the geodetic strain is released by earthquakes. This relation does not hold for the instrumental seismic catalogue, as a consequence of the limited time span covered by instrumental data. In other areas (e.g. Murge plateau in central Apulia), where seismicity is very low or absent, the yet appreciable geodetic deformation might be accommodated in aseismic mode. Overall, the excellent match between the stress and the strain-rate directions in much of the Apennines indicates that both earthquakes and ground deformation patterns are driven by the same crustal forces.
    Description: Published
    Description: 1270-1282
    Description: 3.2. Tettonica attiva
    Description: JCR Journal
    Description: restricted
    Keywords: Satellite geodesy ; Plate motions ; Neotectonics ; Europe ; Apennines ; 04. Solid Earth::04.03. Geodesy::04.03.01. Crustal deformations
    Repository Name: Istituto Nazionale di Geofisica e Vulcanologia (INGV)
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  • 3
    Publication Date: 2017-04-04
    Description: Several volcanoes worldwide have shown changes in their stress state as a consequence of the deformation produced by the pressurization of a magmatic body. This study investigates seismic swarms occurring on the western flank of Mt. Etna in January 1997 - January 1998. Integrating seismic observations and geodetic data, we constrained the seismogenic fault system, and on the basis of stress tensor inversion and SHMAX analyses, we infer an inflating pressure source located at 5.5 km b.s.l. beneath the west portion of summit area. Evaluation of Coulomb failure stress (CFS) related to the proposed model, showed how a large part of the seismogenic fault underwent a significant CFS increase (500 kPa). We infer the presence of a sub-vertical faulted region, potentially weak, N50°E oriented beneath the western sector of Mt. Etna. This structure could be brought closer to failure thereby generating seismic swarms as the effect of elastic stress transfer induced by movement and/or overpressure of magmatic masses within the upper crust under the volcano.
    Description: This research was funded by the INGV–DPC 2007–2009 Agreement (Project V4_Flank).
    Description: Published
    Description: 339-348
    Description: 1.4. TTC - Sorveglianza sismologica delle aree vulcaniche attive
    Description: JCR Journal
    Description: restricted
    Keywords: Etna ; modelling ; Seismicity ; GPS monitoring ; 04. Solid Earth::04.08. Volcanology::04.08.06. Volcano monitoring
    Repository Name: Istituto Nazionale di Geofisica e Vulcanologia (INGV)
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  • 4
    Publication Date: 2017-04-04
    Description: Methane soil flux measurements have been made in 38 sites at the geothermal system of Sousaki (Greece) with the closed chamber method. Fluxes range from –47.6 to 29,150 mg m-2 d-1 and the diffuse CH4 output of the system has been estimated at 19 t a-1. Contemporaneous CO2 flux measurements showed a moderate positive correlation between CO2 and CH4 fluxes. Comparison of the CO2/CH4 soil flux ratios with the CO2/CH4 ratio of the gases of the main gas manifestations provided evidence for methanotrophic activity within the soil. Laboratory CH4 consumption experiments confirmed the presence of methanotrophic microorganisms in soil samples collected at Sousaki. Consumption was generally in the range from –4.9 to –38.9 pmolCH4 h-1 g-1 but could sometimes reach extremely high values (–33,000 pmolCH4 h-1 g-1.). These results are consistent with recent studies on other geothermal systems that revealed the existence of thermoacidophilic bacteria exerting methanotrophic activity in hot, acid soils, thereby reducing methane emissions to the atmosphere.
    Description: Published
    Description: 97–107
    Description: 4.5. Studi sul degassamento naturale e sui gas petroliferi
    Description: JCR Journal
    Description: reserved
    Keywords: Sousaki ; accumulation chamber ; soil degassing ; hydrothermal systems ; methane output ; methanotrophic activity ; 01. Atmosphere::01.01. Atmosphere::01.01.07. Volcanic effects ; 04. Solid Earth::04.04. Geology::04.04.12. Fluid Geochemistry ; 04. Solid Earth::04.08. Volcanology::04.08.01. Gases
    Repository Name: Istituto Nazionale di Geofisica e Vulcanologia (INGV)
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  • 5
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    Blackwell Publishing Ltd
    Publication Date: 2017-04-04
    Description: We present a new crustal model for the European plate, derived from collection and critical integration of information selected from the literature. The model covers the whole European plate from North Africa to the North Pole (20N - 90N) and from the Mid-Atlantic Ridge to the Urals (40W - 70E). The chosen parameterization represents the crust in three layers (sediments, upper crust and lower crust), and describes the 3D geometry of the interfaces and seismologically-relevant parameters — isotropic P- and S-wave velocity, plus density — with a resolution of 0.5 × 0.5 degrees on a geographical latitude-longitude grid. We selected global and local models, derived from geological assumptions, active seismic experiments, surface-wave studies, noise correlation, receiver functions. Model EPcrust presents significant advantages with respect to previous models: it covers the whole European plate; it is a complete and internally-consistent model (with all the parameters provided, also for the sedimentary layer); it is reproducible; it is easy to update in the future by adding new contributions; and it is available in a convenient digital format. EPcrust could be used to account for crustal structure in seismic wave propagation modeling at continental scale or to compute linearized crustal corrections in continental-scale seismic tomography, gravity studies, dynamic topography and other applications that require a reliable crustal structure. Because of its resolution, our model is not suited for local-scale studies, such as the computation of earthquake scenarios, where more detailed knowledge of the structure is required. We plan to update the model as new data will become available, and possibly improve its resolution for selected areas in the future.
    Description: Published
    Description: 352-364
    Description: 3.3. Geodinamica e struttura dell'interno della Terra
    Description: JCR Journal
    Description: reserved
    Keywords: Europe ; crust ; crustal properties ; Moho ; 04. Solid Earth::04.01. Earth Interior::04.01.99. General or miscellaneous ; 04. Solid Earth::04.01. Earth Interior::04.01.01. Composition and state
    Repository Name: Istituto Nazionale di Geofisica e Vulcanologia (INGV)
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  • 6
    Publication Date: 2020-02-24
    Description: An earthquake of Mw=6.3 struck L’Aquila town (central Italy) on April 6, 2009 rupturing an approximately 18 km long SW-dipping normal fault. The aftershock area extended for a length of more than 35 km and included major aftershocks on April 7 and 9, and thousands of minor events. Surface faulting occurred along the SW-dipping Paganica fault with a continuous extent of ~2.5 km. Ruptures consist of open cracks and vertical dislocations or warps (0.1 maximum throw) with an orientation of N130°-N140°. Small triggered slip and shaking effects also took place along nearby synthetic and antithetic normal faults. The observed limited extent, and small surface displacement, of the Paganica ruptures with respect to the height of the fault scarps and vertical throws of paleoearthquakes along faults in the area, puts the faulting associated with the L’Aquila earthquake in perspective with respect to the maximum expected magnitude, and the regional seismic hazard.
    Description: In press
    Description: 3.2. Tettonica attiva
    Description: JCR Journal
    Description: open
    Keywords: 2009 L’Aquila seismic sequence ; co-seismic surface effects ; earthquake geology ; normal faulting earthquake ; Abruzzi, central Apennines ; 04. Solid Earth::04.04. Geology::04.04.01. Earthquake geology and paleoseismology
    Repository Name: Istituto Nazionale di Geofisica e Vulcanologia (INGV)
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  • 7
    Publication Date: 2020-02-24
    Description: An earthquake of Mw = 6.3 struck L Aquila town (central Italy) on 6 April 2009 rupturing an ~18-km-long SW-dipping normal fault. The aftershock area extended for a length of more than 35 km and included major aftershocks on 7 and 9 April and thousands of minor events. Surface faulting occurred along the SW-dipping Paganica fault with a continuous extent of ~2.5 km. Ruptures consist of open cracks and vertical dislocations or warps (0.1m maximum throw) with an orientation of N130°–140°. Small triggered slip and shaking effects also took place along nearby synthetic and antithetic normal faults. The observed limited extent and small surface displacement of the Paganica ruptures with respect to the height of the fault scarps and vertical throws of palaeo-earthquakes along faults in the area put the faulting associated with the L' Aquila earthquake in perspective with respect to the maximum expected magnitude and the regional seismic hazard.
    Description: Published
    Description: 43-51
    Description: 3.2. Tettonica attiva
    Description: JCR Journal
    Description: reserved
    Keywords: surface faulting from moderate earthquake ; coseismic effects ; L'Aquila earthquake ; cemtral Italy ; 04. Solid Earth::04.04. Geology::04.04.01. Earthquake geology and paleoseismology
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  • 8
    Publication Date: 2017-04-04
    Description: This thematic issue of Geofluids includes 11 papers representing the three main topics discussed in the 10th edition of the International Conference on Gas Geochemistry (ICGG-10): (i) gas in petroleum systems and seepage, (ii) gas in geothermal systems and volcanoes and (iii) gas, seismicity and geohazards. ICGG-10 was held in 2009 in Romania, a country extraordinarily rich in surface gas manifestations, that offers innumerable opportunities for innovative studies on gas geochemistry. We briefly describe the present knowledge on gases occurring both in petroliferous sedimentary basins and geothermal areas of Romania. The 11 contributions of this special issue, which include data from eight countries, are then summarised. Based on these papers and other works presented at the ICGG-10, we find that significant advances in analytical capabilities, data treating and interpretation have led to innovative insights into the origin, distribution and environmental impact of gases migrating to the Earth’s surface. It is increasingly clear, in particular, that gas geochemistry can be more effective for petroleum exploration, volcano-tectonic, geodynamic and environmental studies, if multiparametric studies are performed and the data are interpreted in the geological context.
    Description: Published
    Description: 457-462
    Description: 4.5. Studi sul degassamento naturale e sui gas petroliferi
    Description: JCR Journal
    Description: restricted
    Keywords: geothermal gas ; international conference on gas geochemistry ; natural gas ; romania ; seeps ; 04. Solid Earth::04.04. Geology::04.04.12. Fluid Geochemistry
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  • 9
    Publication Date: 2017-04-04
    Description: Gas seepage from petroleum basins is the second largest natural source of methane to the atmosphere, after wetlands. The uncertainty in global emission estimates should be reduced by extending the flux database which is fundamental for defining the emission factors and the actual area of seepage adopted for up-scaling. As a contribution to this goal, we report a new seepage data-set for the Transylvanian Basin, one of the largest natural gas producing regions of Europe, that is characterized by the widespread occurrence of natural leakages of gas at the surface, including at least 73 mud volcanoes and gas seeps. In this study, methane flux was measured using closed-chambers, from 12 seepage sites, in correspondence with focused gas vents (mud volcano craters, bubbling pools, and flammable gas leaks), in the soil surrounding the vents, and at 15 sites located far from macroseep zones but close to gas fields. Fluxes from individual vents (macro-seeps) were found to reach orders of kg CH4 m)2 day)1 (up to 12 kg m)2 day)1) and diffuse fluxes from soils (miniseepage) were found to be up to a few g CH4 m)2 day)1. Far from seep zones, positive CH4 fluxes (microseepage) may occur locally, typically on the order of tens to hundreds of mg m)2 day)1. The values, as well as the occurrence of seepage even far from vent zones and in mud volcanoes that are apparently extinct, are coherent with results obtained in other countries. Gas fluxes from macro-seeps and soils may change seasonally, but the interannual variation of the average emission factor was found to be minimal. The total CH4 output for Transylvania macro-seeps is estimated conservatively to be around 680 t year)1; the total geo-CH4 seepage emission from the Transylvania petroleum system could be approximately 40 · 103 t year)1, and at least 100 · 103 t year)1 for all Romanian petroleum systems, that is roughly 10% of the total anthropogenic CH4 emission in the country.
    Description: Published
    Description: 463-475
    Description: 4.5. Studi sul degassamento naturale e sui gas petroliferi
    Description: JCR Journal
    Description: restricted
    Keywords: gas reservoirs ; methane emissions ; mud volcanoes ; seeps ; Transylvanian Basin ; 04. Solid Earth::04.05. Geomagnetism::04.05.99. General or miscellaneous
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  • 10
    Publication Date: 2017-04-04
    Description: Natural gas seeps in the Alpine region are poorly investigated. However, they can provide useful information regarding the hydrocarbon potential of sedimentary Alpine units and related geofluid migration, typically controlled by pressurized gas accumulations and tectonics. A gas seep located near Giswil, in the Swiss Northern Alps, was investigated, for the first time, for molecular and isotopic gas composition, methane flux to the atmosphere, and gas flux variations over time. The analyses indicated that the gas was thermogenic (CH4 〉 96%; d13C1: )35.5& to )40.2&) and showed evidence of subsurface petroleum biodegradation (13C-enriched CO2, and very low C3+ concentrations). The source rock in the region is marine Type II kerogen, which is likely the same as that providing thermogenic gas in the nearby Wilen shallow well, close to Lake Sarnen. However, the lack of d13CCO2 and d13C3 data for that well prevented us from determining whether the Wilen and Giswil seeps are fed by the same reservoir and seepage system. Gas fluxes from the Giswil seep, measured using a closedchamber system, were significant and mainly from two major vents. However, a substantial gas exhalation from the soil occurs diffusely in an area of at least 115 m2, leading to a total CH4 output conservatively estimated to be at least 16 tonnes per year. Gas flux variations, monitored over a 1-month period by a special tent and flowmeter, showed not only daily meteorological oscillations, but also an intrinsic ‘pulsation’ with periods of enhanced flux that lasted 2–6 h each, occurring every few days. The pulses are likely related to episodes of gas pressure build-up and discharge along the seepage system. However, to date, no relationship to seismicity in the active Sarnen strike-slip fault system has been established.
    Description: Published
    Description: 476-485
    Description: 4.5. Studi sul degassamento naturale e sui gas petroliferi
    Description: JCR Journal
    Description: restricted
    Keywords: Alps ; isotopes ; methane ; organic geochemistry ; seeps ; Switzerland ; 04. Solid Earth::04.04. Geology::04.04.12. Fluid Geochemistry
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  • 11
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 41 (1989), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
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  • 12
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 41 (1989), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
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  • 13
    Electronic Resource
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    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 41 (1989), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper provides a necessary and sufficient condition for the equivalence of three alternative measures of the elasticity of factor substitution: the Allen-Uzawa partial elasticity, the shadow elasticity and the general two-factor two-price elasticity.
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  • 14
    Electronic Resource
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    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 41 (1989), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
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  • 15
    Electronic Resource
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    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 41 (1989), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper adopts a systems approach to estimate budget share equations for four categories of alcoholic drinks and for tobacco, using quarterly expenditure data for the period 1964 to 1983. The emphasis is on the importance of the tolerance effects of addiction and on the smoker's participation decision in correctly specifying the model of demand. The model makes explicit recognition of a separate participation decision and the estimates suggest that there is something to be gained by introducing variables to indicate changes in the distribution of income and the demographic structure of the population.
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  • 16
    Electronic Resource
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    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 41 (1989), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: Nominal GNP targeting offers the advantage of allowing monetary policymakers to offset velocity shocks and cushion the impact of autonomous price shocks. Instability associated with the recognition lag can be minimized by fixing a futures instrument price linked to nominal GNP. In fact, if financial markets arc efficient, then a policy of fixing futures instrument prices would seem preferable to a policy feedback mechanism for any economic aggregate target which involves a recognition lag. This conclusion is robust with respect to a wide range of macroeconomic models.
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  • 17
    Electronic Resource
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    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 41 (1989), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: In the context of a simple model, it is demonstrated that it is possible for a conventional arbitrator to determine his decision in such a way as to remove the so-called ‘chilling effect’. It is shown that an arbitrator adopting the kind of rule envisaged here would be more successful in moderating claims of the negotiators than would a final-offer arbitrator.
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  • 18
    Electronic Resource
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    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 41 (1989), S. 0 
    ISSN: 1467-8586
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    Topics: Economics
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  • 19
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 41 (1989), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
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  • 20
    Electronic Resource
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    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 41 (1989), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
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  • 21
    Electronic Resource
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    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 41 (1989), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper extends the analysis of Rees (1984a) of a public enterprise pursuing a size-related objective in the face of uncertain demand to a situation where its managers may be risk neutral or risk averse and where the public enterprise may produce more than one output. The optimal pricing policy of the public enterprise is analysed and the importance of not only the expected profit constraint but also the attitude to risk of the public enterprise in determining its relative prices is demonstrated.
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  • 22
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 29 (1989), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . This paper uses a large data base to study metropolitan labor demand functions. The data are disaggregated by two-digit SICs in manufacturing for SMS As, and are corrected for changing SMSA boundaries. Labor demand elasticities are estimated for factor and commodity prices, transportation costs, state and local taxes and expenditures, and production-function shifters. Estimates from different years allow one to test Le Chatelier's principle in the context of interregional change.
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  • 23
    Electronic Resource
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 29 (1989), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . This paper examines the extent to which regional differences in wage rigidity exist and can help explain interregional differences in unemployment trends. Phillips-curve models of manufacturing wage inflation are estimated for the 10 largest states in the U.S., the 10 economic regions in the United Kingdom, and the 11 Lände in the Federal Republic of Germany over the 1971 to 1985 period. There is evidence of significant differences in the responsiveness of wage inflation to unemployment and the rate of change in consumer prices across the regions within each country and across the three nations. An index of real wage rigidity derived from the Phillips-curve coefficients is positively correlated with unemployment trends across the regions in our sample, suggesting that wage rigidity may be an important determinant of regional differences in labor market responses to macroeconomic shocks.
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  • 24
    Electronic Resource
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 29 (1989), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . Oosterhaven (1988) labels the supply-driven input-output model “theoretically implausible” and criticizes the straightforward use of the model for impact studies. This comment extends and corrects some of the issues addressed by Oosterhaven. We derive the characteristics which industry production relations must possess to be consistent with the implied changes in industry inputs and outputs when supply-side input-output models are employed for impact analysis. First, it is shown that an implicit assumption is the characteristic of perfect substitutability among all inputs in each industry production function. This is the polar opposite of the Leontief assumption of zero elasticity of factor substitution among all inputs, and is very unrealistic for large changes from the initially observed solution since it implies that all inputs are non-essential in the production process and that any input can be substituted for all others simultaneously. Second, it is shown that the model may still be reasonable for approximating the effect of small changes since the implied production relation may be interpreted as a cost minimizing choice for a standard constant-returns-to-scale production function linearized around the initial solution under the assumption that relative prices are unchanged. Under this alternative interpretation, the supply-side model may be expected to provide a reasonable approximation, useful for analyzing changes in the neighborhood of the initial solution, but would appear to be inappropriate for analyzing large changes.
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  • 25
    Electronic Resource
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 29 (1989), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
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  • 26
    Electronic Resource
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 29 (1989), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Vector autoregression models are used to analyze the relationships between Texas and Illinois corn prices, and the New Orleans export price. Decomposition of error variances suggests an increasing exogeneity in the recent years between the export market and the two U.S. markets. Impulse response functions indicate that the export price influences both the Illinois and Texas prices.
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  • 27
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 29 (1989), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: We present in this paper a plausible and simple method of estimating the two components (frictional and excess supply) of unemployment. This approach uses a stochastic model whose error term is composed of two elements–the usual two-sided error and a one-sided error. Our method has several strengths. First, we are able to explicitly model the universally held view that there is a nonzero lower bound on unemployment. Second, we can easily determine whether each region's unemployment rate is caused primarily by excess supply or frictional forces. We illustrate our technique on a data set comprised of all 50 states over the period 1960-1979. Finally, estimation of the frictional rates of unemployment allows us to analyze, in the last part of the paper, the underlying economic and demographic determinants of differences in frictional unemployment rates across states and over time.
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    Notes: This paper uses a stochastic frontier production-function model to measure and compare productivity efficiency in the manufacturing sector of states in the United States over the period 1959–1972. Based on this model we find considerable variations in productive efficiency across states. A large portion of the variation is found to be related to regional differences in labor-force characteristics, levels of urbanization and industrial structure. We also examine the relationship between productive efficiency and the subsequent growth of manufacturing and find some evidence of a weak relationship between efficiency and the growth of employment.
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    Notes: This paper considers a case of bilateral monopoly and examines the possibility of an intermediate location for two vertically related firms under simultaneous entry, and then analyzes the welfare-maximizing location for both firms. It shows that whatever the case, an intermediate location for both firms is unlikely to occur and that the pattern of industrial location under welfare maximization is equivalent to the one under perfect competition, but is different from the one under bilateral monopoly under certain circumstances.
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    Notes: The role of location-specific amenities in human migration decisions, and subsequently regional development, is explored. A framework is developed which motivates a new assessment of existing alternative models of regional development, indicating the need for additional modeling efforts which focus upon amenities as critical elements in such analyses. The approach hinges upon the notion that amenity values are capitalized into wages, rents, or other local prices. This process of capitalization enables researchers to explore the implicit value that society places upon amenities, which can then be used in assessing future regional-development trends in a more comprehensive manner.
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    Notes: Book review in This Article: Geographical Systems and Systems of Geography: Essasy in Honour of William Warntz, edited by William J. Coffey. Urban Development: Theory, Fact, and Illusion, by J. Vernon Henderson. The Economics of a Regulated Housing Market, by Alex Anas, Goran Cars, Joong Rae Cho, Bjorn Harsman, Ulf Jirlow, and Folke Snickars. Homeowners and Neighborhood Reinvestment, by George C. Galster. Real Estate Market Analysis: Methods and Applications, edited by John M. Clapp and Stephen D. Messner. Urban Spatial Traffic Patterns, by Rodney Vaughan. Class and Space: The Making of Urban Society, edited by Nigel Thrift and Peter Williams. The Metropolis Era: Vol. 1, A World of Giant Cities and Vol. 2, Mega-Cities, edited by Mattei Dogan and John D. Kasarda. Berlin: The Spatial Structure of a Divided City, by Thomas H. Elkins with Burkhard Hofmeister. Job Creation in America, by David Birch. Federalism and the Economic Union in Canada, by K. Norrie, R. Simeon, and M. Krasnick. Perspectives on the Canadian Economic Union, by M. Krasnick (research coordinator).
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    Notes: This paper provides an explanation for the level of local government employment by developing a median voter model that allows for migration into and out of the city, a local government balanced-budget constraint, and voting behavior by public employees that reflects their role as both demanders and suppliers of local government goods. Unlike previous research, the model developed here explicitly considers voting (for the incumbent) probability density functions which furthermore need not be stationary. The main conclusions of the model are that, ceteris paribus, it is plausible that the level of local government employment varies inversely with the public employee wage demand and with the elasticity of the privately employed voting population with respect to the local tax rate but directly with the voter participation rate of public employees. Contrary to previous theoretical research, there is no determinate relationship between the level of local government employment and the voter participation rate of privately employed citizens. Inferences concerning the structure of local government are also discussed.
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    Notes: Sophisticated locational analysis should no longer proceed without examining (1) the feasibility of reducing uncertainty about the size and spatial spread of the market, prices and other elements and (2) the practicality of information generation through sampling. The present paper points out the methodology for Hotelling-, Weberian- and von Thünen- type location problems by examining simplified situations.
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    Notes: Regional economic models typically either ignore prices altogether or simply treat them as exogenously determined. An unfortunate consequence of the neglect of prices is that model builders have been very much limited in the range of macroeconomic perspectives they have been able to bring to bear on regional economic issues. In this paper, we first explain how prices can be modeled endogenously at a regional level despite the paucity of data on regional prices. Using an illustrative interregional computable general equilibrium model for Malaysia, we then demonstrate how alternative macroeconomic visions of regional systems may be captured.
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    Notes: Recent developments in combining input-output and transportation planning models have made it possible to construct realistic comprehensive urban and regional activity models of land use intensity. These models form the basis for a rigorous approach to studying the interactions among urban activities. However, efficient computational solution methods for implementing such comprehensive models are still not available.In this paper, an efficient solution method for a nonlinear programming urban systems model is developed by combining Evans's partial linearization technique with Powell's hybrid method. The solution algorithm is applied to a small but realistic urban area with a detailed transportation network.
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    Notes: Property Taxes and House Values: The Theory and Estimation of Intrajurisdictional Property Tax Capitalization, by John Yinger, Howard S. Bloom, Axel Borsch-Supan, and Helen F. Ladd. Spatial Price Theory of Imperfect Competition, by Hiroshi Ohta. Advanced Spatial Statistics, by Daniel A. Griffith. Regional Economic Development: Essays in Honour of François Perroux, edited by Benjamin Higgins and Donald J. Savoie. Recent Advances in Regional Economic Modelling, edited by Frank Harrigan and Peter McGregor. State Policy Choices: The Wisconsin Experience, edited by Sheldon Danziger and John F. Witte. Resource Development and Environmental Issues: Opportunities and Constraints in the Hunter Region, New South Wales, edited by A. J. Jakeman, P. K. Parker, J. Formby, and D. G. Day. The Urbanization of the Third World, edited by Josef Gugler. Indonesia: The Transmigration Program in Perspective, by the World Bank. The Economic Geography of China, edited by Sun Jingzhi.
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    Notes: . This paper examines the RAS, McMenamin and Haring, and Lagrange-multiplier update methods in the context of the dual accounting system of the rectangular input-output model. The motivation was to determine if the additional information contained in the dual system is exploitable, while maintaining the integrity of the rectangular structure with all its advantages. Tests were conducted on the performance of the various algorithms for a derivative Leontief model relative to their performance on the rectangular structure. The results obtained for rectangular tables were generally better than those obtained for the more conventional Leontief ones.
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    Notes: . This paper addresses the issue of the plausibility of the supply-driven input-output model from an empirical standpoint. We suggest that requiring production coefficients to remain perfectly fixed during an application of the supply-driven input-output model is unnecessarily restrictive given the extensive use of approximation methods in mathematics, economics and regional science. Simulations with the supply-driven version of an input-output table for a representative region are shown to result in changes in the corresponding production coefficients well within conventional tolerance levels.
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    Notes: The paper presents and tests a new model of migration which differs significantly from the conventional disequilibrium approach. We show that variations in rates of gross migration across regions are equilibrium responses to variations in levels of amenities, governmental policies, etc. The model is tested using data on the gross migration of whites, 1975-80, together with amenities such as climate and with economic variables such as government services, taxes and unionization. Empirical results suggest that the equilibrium model is more consistent with actual migration patterns than is the conventional disequilibrium approach. We estimate compensating differentials and migration elasticities for these variables.
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    Notes: Within the minority communities of large SMSAs, neither the black-owned business nor the small nonminority enterprises are flourishing. Facing limited access to financial capital as well as constrained markets, the ghetto firms that do persist are typically quite small in terms of sales and employment. Among black establishments, the least educated entrepreneurs are the ones who are most likely to remain in business. Unless greater financial capital is forthcoming and better educated owners are induced to remain in business, the business community that is located in minority neighborhoods of large urban areas may be destined to stagnate.
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    Notes: . In a simple urban model, where the only spatial distinction made is between center and suburb, we introduce a uniform distribution of preferences for land. Under a logarithmic utility function, we examine how the location and consumption decisions of individuals differ in consequence of their different preferences for land. Comparative statics indicate that the qualitative response of the city at equilibrium to changes in per capita income and transportation cost is not affected by the introduction of such heterogeneity. Possible extensions are also briefly discussed.
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    Notes: . In this paper the impact of spatial and nonspatial variables on the innovation potential and innovativeness of (small) industrial firms in The Netherlands will be analyzed. Innovation potential and innovativeness will be conceived as latent variables which will be measured by a partial least squares approach. The variables reflecting innovation potential are notably input variables such as internal and external R&D, while innovativeness will be based on output indicators such as the number of product and process innovations.The regional dimension enters our analysis essentially at two levels. First, we will investigate whether more innovative firms are to some extent spatially biased (i.e., on the basis of intrafirm characteristics). Secondly, we will analyze the relevance of an indigenous regional impact, per se. In other words, we will examine whether firms with an equal innovation capacity will differ in actual (i.e., realized) innovativeness as a consequence of different regional conditions.For the first issue, our results indicate that not all regions are equally well-endowed with potentially innovative (small) firms. Our analysis even demonstrates that these firms are underrepresented in regions which are generally considered to offer the most favorable production environment. After compensating for these differences in the composition of the regional set of firms, we demonstrate that an indigenous regional impact per se cannot be identified in The Netherlands.
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    Notes: This paper considers the optimal locations of two or more facilities, and the optimal number of facilities, when trips are made in pairs. The results are the same as standard models of spatial competition when there is perfect matching, but not when there is random matching. The first interpretation is bridges across a river, with residential locations on one side matched perfectly or randomly to jobs on the other side. The second interpretation is connecting facilities, such as tennis courts or restaurants where pairs of consumers meet. The third interpretation is product differentiation, with husbands and wives jointly choosing from among varieties.
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    Notes: Book Review in this article:Metropolis: From the Division of Labor to Urban Form, by Allen J. Scott.Services and Uneven Development. J. Neill Marshall in collaboration with P. Wood, P. W. Daniels et al.New Industrial Spaces. Allen J. Scott.Space-Structure Economy: A Tribute to August Lösch, edited by Rolf H. Funck and Antoni Kuklinski.The Changing Downtown: A Comparative Study of Baltimore and Hamburg, by Jurgen Friedrichs, Allen C. Goodman, et al.Store Choice, Store Location and Market Analysis, edited by Neil Wrigley.An Analysis of Cross-Border Shopping, by J. D. Fitzgerald, T. P. Quinn, B. J. Whelan, and J. A. Williams.Essay on the Economy of the Old Northwest. edited by David C. Klingaman and Richard K. Vedder.China: Growth and Development in Gansu Province, by the World Bank.Urban Development and Regional Policy in India: An Econometric Analysis. by Vibhooti Shukla.The Economics of Urbanisation and Urban Policies in Developing Countries, edited by George S. Tolley and Vinod Thomas.The New Economic Role of American States: Strategies in a Competitive World Economy, edited by R. Scott Fosler.Plant Closings and Worker Displacement, by Marie Howland.Industrial Location, by Keith Chapman and David Walker.
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    Notes: The Economics of Imperfect Competition: A Spatial Approach, by Melvin L. Greenhut, George Norman, and Chao-Shun Hung. Regional Labour Markets, by Manfred M. Fischer and Peter Nijkamp (eds.). Unemployment, the Regions and Labour Markets: Reactions to Recessions, by I. R. Gordon (ed.). Multiregional Input-Output Models in Long-Run Simulation, by Norimichi Toyomane. Toward a New Iron Age? Quantitative Modeling of Resource Exhaustion, by Robert C. Gordon, Tjalling C. Koopmans, William D. Nordhaus, and Brian J. Skinnner. Location Strategies for Retail and Service Firas, by Avijit Ghosh and Sarah L. McLafferty. Protecting the New Jersey Pinelands: A New Direction in Land-Use Management, by Beryl Robichaud Collins and Emily W. B. Russell (eds.). Regional Policy: A European Approach (second edition), by Norbert Vanhove and Leo H. Klaassen. Urbanization Policies in Pacific Asia, by Roland J. Fuchs, Gavin W. Jones, and Ernesto M. Pernia (eds.). International Economic Restructuring and the Regional Community, Herman Muegge, Walter B. Stöhr, Paul Hesp, and Barbara Stuckey (eds.). Land Use and Urban Form: The Consumption Theory of Land Rent, by Grant. Ian Thrall.
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    Notes: This study examines the degree to which individuals “vote with their feet” when considering metropolitan fiscal structure. Local (and state) fiscal policies are considered in detail by investigating migration impacts of expenditures and revenues, as well as by examining effects of distribution of expenditures by type and revenues by source. These impacts are considered across three dimensions of the migration decision: the decision of a metropolitan resident to move (relocate), the decision to depart the metropolitan area, and the decision to enter such an area. Empirical results indicate that fiscal structure plays an important role within these decisions, and particularly that to depart the metropolitan area.
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    Notes: A simple general equilibrium model relates spatial product markets and spatial labor markets. The firm is treated as being a spatial monopolist or as a Löschian competitor in the output market and as a spatial monopsonist in the labor market. Derived free spatial demand and free regional labor supply are defined, and their properties examined. The model provides the framework for analyzing the impact of a technological improvement in labor productivity on the structure of the spatial markets. The impact of entry on spatial labor supply is an important determinant of whether or not entry lowers wages and raises output prices. Unlike the spaceless competitive paradigm, zero-profit long-run equilibrium can occur in a space economy under conditions of increasing returns to scale.
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    Notes: Casinos are often considered as a “growth pole” strategy to revitalize dilapidated regions. However, voters often reject casinos due to their perceived adverse impact on crime.Using a quasi-experimental design we analyze the impact of the casinos on crime spillover from Atlantic City to other localities in the region. We found that the level of crime in localities adjacent to Atlantic City and along the major nontoll routes to Philadelphia and New York City up to approximately 30 miles from Atlantic City rose significantly following the introduction of casinos. Crime levels are higher than they would have been in the absence of casinos.
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    Notes: One of the foundations of applied regional economics down through the years has been economic base theory (EBT). EBT presumes that economic activity within the basic sector unidirectionally causes economic activity in nonbasic sectors. In recent years, however, increasing attention has been given to the possibility that traditionally nonbasic activities (e.g., services) may be quite important in determining a region's total economic activity. In this paper, we examine the nature and direction of causality of economic activity within a regional economy. Using novel data on entry and exit of firms, the empirical analysis provides new insights into the strengths and weaknesses of traditional economic base theory.
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    Notes: . The frequency of occurrence of the different types of solutions to the Weber problem is studied. These solutions are: a location at an attraction point due to a dominant force, to incompatible angles, or to concavity; a location at infinity; a location inside the polygon; and a location outside the polygon. Situations involving both attraction and repulsion points are examined in the triangle and in the more-than-three-sided polygon context, and methods for solving the corresponding problems are compared. A trigonometric solution is proposed for the triangle case involving one repulsion and two attraction points. The variation in the frequency of a location at an attraction point when the number of attraction points increases while the number of repulsion points remains the same is observed as well. Implications of the results are studied for the analysis of dynamic location processes.
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    Notes: . In this paper, a conditional location problem on a weighted network is examined. Attraction functions are defined and the problem is formulated as a mixed integer program. A method which simultaneously locates an additional facility on the given network and optimizes its weight is then described. A numerical example is provided.
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    Notes: This paper studies the location of public facilities of two neighboring local governments which consider not only the influence of the land market but also the spillover effects that each jurisdiction may have on the other. We obtain the following results: (1) in most cases, one of the cities behaves as an isolated city in choosing the facility location while the other enjoys the spillover effect as a free rider; (2) we also find that the equilibrium location in the two noncooperative city case is not socially optimal except for a special case.
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    Notes: The Todaro paradox and the effects of job creation in urban areas will be re-examined in our spatial model in which the radius of the labor market is endogenously determined by the rational choices of workers. The travel cost of workers plays a crucial role in the choice between two different types of response, migration or commuting. By considering travel costs, we find that the Todaro paradox can be applied to developed, as well as developing, countries. Job creation in urban areas can produce a paradoxical increase in urban unemployment in developed countries, because the low marginal cost of travel will significantly increase the radius of the urban labor market and create new labor supply without migration.
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    Notes: In arid regions, managing water efficiently among competing demands depends critically on measuring comparable economic values of each end use. Unfortunately, it has been difficult to measure recreational values of water in the arid western U.S. These difficulties result from open spaces, few sites, and low incomes typical of the region. We examine whether water used for recreation can economically compete with agriculture. We accomplish this objective by extending the travel cost model to account for conditions unique to arid environments. We use demand systems theory to estimate a regional travel cost model which accounts for travel time, substitute sites, and discretionary travel cost. Findings from New Mexico's Pecos River Basin reveal recreational values of water which are 4040 percent higher than would result from conventional travel cost methodology. Measured recreation values of $130 per acre-foot compare with equivalent values of water in irrigated agriculture of $25–$40 per acre-foot.
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    Topics: Geography , Economics
    Notes: Equilibrium in spatial models invariably depends on firms' conjectures about how competitors will react to their price changes. This paper analyzes spatial price and location equilibrium when firms hold consistent (i.e. correct) conjectures. Most spatial models assume an exogenous conjecture. Consistent conjectures are one method, albeit a controversial one, for endogenizing the conjecture.We show that the consistent conjecture about a competitor's reaction to a price change in the simplest case is 1/3. When demand is elastic the consistent conjecture is a decreasing function of the radius. It is always below 1/3 and can be negative. In the third model, we show that the consistent conjecture declines as the number of dimensions and the number of competitors increases.
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    Notes: . In this reply, I argue that the production function proposed by Gruver provides a theoretical foundation for the supply model only in a most trivial case. He proposes a more general alternative which is, however, still very implausible. Furthermore, against Rose and Allison, I argue that small input-coefficient changes provide an insufficient excuse for using the supply model for impact studies, and I show that employment estimates may be quite different depending on the approach used.
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    Notes: A single-equation econometric approach is developed for estimating personal income on a quarterly basis for counties and county aggregates (e.g., metropolitan areas). An experiment is conducted on state data to test the accuracy of the estimates. The experiment indicates that they would be highly accurate for large local areas; for local areas comprising at least 20 percent of their state's total personal income, the estimates would fall within 2 percent of BEA-type estimates 95 percent of the time. An aggregate estimation approach is shown to be preferable to a component approach. Using data on local department store sales, the quarterly personal income estimates are shown to forecast better than the currently available annual estimates.
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    Notes: We develop an objective methodology for forming large regions (called macroregions) from small regions (microregions). We observe that the aggregation of microregions in an interregional input-output model causes aggregation error in the model. Our optimal regions are those that cause aggregation error to be minimized. We apply our methodology to Canada, and we compare our optimal regions for Canada to those of Statistics Canada and to those obtained using the well-known heuristic of Kossov. Statistics Canada's regions as well as those produced using Kossov's technique are characterized by substantially greater aggregation error than are those produced with our methodology.
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    Notes: A model of private local labor demand and interjurisdictional migration is presented and estimated using data from Swedish counties and municipalities for 1979-84. Our goal is to compare the effects on local labor markets of distinctive public-sector programs with those of traditional market variables. We find that local income taxes and tax-equalization grants have important effects on local labor markets; regional development policy measures and geographical-mobility subsidies do not. Thus, recent efforts scaling back some of these programs may not materially alter the regional economy's performance. Wages and other traditional market variables are also often found to influence significantly local labor markets.
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    Notes: . In this study, it is argued the underemployment is both affected by and affects the labor-force participation rate (LFPR) and the level of service employment. Interestingly, the analysis reveals that service employment lowers the LFPR and raises underemployment. In turn, underemployment increases the LFPR as more secondary workers are pushed into the labor market in an effort to support their households. Thus, secondary workers are not pulled into the labor market by the availability of service jobs, but are rather pushed into these jobs by the condition of underemployment that is brought on by the growing concentration of low-paying service jobs.
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    Notes: This paper uses a logit model of consumer choice to examine how changes in the spatial behavior of rural consumers will affect the commercial base of smaller urban places. Various socio-economic changes in a region can be expected to cause a number of behavioral changes, including changes in where people work and shop. The analysis presented in the paper emphasizes the importance of location to the commercial prospects of small trade centers as consumers become more spatially mobile and engage in more multipurpose shopping. Places that are centrally located have the best prospects for ensuring that functions are either maintained or suffer the least decline as a result of competition from higher-order centers. Remoter locations will be adversely affected by these competitive pressures.
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    Notes: AbstractIn a technology driven industry, emergence of a new technology can trigger changes in the associated market structure and in the nature of competitive forces – changes herein defined as an industry paradigm shift. Biotechnology has precipitated such a paradigm shift in the ethical pharmaceutical industry, and one consequence is a proliferation of R&D collaborations. However, this paradigm shift is occurring at the same time that global competition is intensifying, and biotechnology R&D collaboration has become a tool in the geopolitical strategies of the major industrial nations. Government intervention to promote such collaborations can have deleterious long-term effects, as described earlier for the semiconductor industry. These effects are posed again for biotechnology and the ethical pharmaceutical industry, in the hopes of provoking a dialogue among concerned parties. These issues must be addressed soon, if the competitive position of this industry –as well as governments and universities – is not to be compromised.
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    Notes: AbstractR&D project managers work in an environment in which the uncertainty and complexity of engineering development problems are an important source of episodic job stress. A study of the US. Navy's top major project R&D managers (N = 118) was conducted to test the use of various coping skills and social support as preventive stress management techniques for this population. It was found that perceived environmental uncertainty (PEU) had a direct, positive effect on psychological distress of these project managers while social support had a therapeutic effect on their experience of burnout. While problem focussed coping had a small, positive effect on burnout, neither coping skills nor social support were found to have a primary prevention effect upon perceived environmental uncertainty (PEU).Engineering managers engaged in high technology R&D are confronted by a wide range of uncertainties, risks and changing demands that give rise to the stress response with its attendant physiological and psychological changes (Asterita, 1985). Adams (1980) has argued that an episodic versus chronic dichotomy of stressors is valuable because it distinguishes between intermittent stressors of finite duration (episodic) and ongoing stressors of indeterminant duration (chronic). This article reports the results of a study of uncertainty as an episodic work stressor for the U.S. Navy's high technology R&D project managers. The results suggest that R&D project managers should develop social support systems and structures to maintain well-being and avert distress and strain.
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    Notes: AbstractStrategic management researchers are showing increasing interest in the interface technology and strategic management. This paper provides a literature review focussing on theory development and empirical examination. It also indicates some of the more common strategic responses and prescriptions which have been proposed to manage technology. A set of issues for guiding future research are suggested and research designs for handling some of these research hypotheses are proposed.
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    Notes: AbstractA survey of the US patent database has yielded indicators to trends in technology innovations. Three types of indicator were developed, namely technology maturity, growth potential and product vs process innovations. The patent data show how innovations in one technology area are linked to other technologies and a measure of these links was incorporated into the above trend indicators. Results have a wide range of applications, including assessment of technological opportunities and helping a company in the analysis of strategic alternatives.
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    Notes: AbstractThis paper focusses on technologies which have failed to reach the marketplace for reasons which are connected more with the organization in which they were developed than with the technology itself. They are referred to as stagnant technologies.Such technologies can clearly be exploited via joint ventures; however there can be problems of finding a suitable partner and managing the partnership when one has been found. To overcome such problems a role for a third party is suggested which has been called the catalyst firm. Such a firm can be involved in identifying stagnant technologies, locating a suitable partner, and assisting in the management of the partnership through to commercialization.This approach is central to the activities of Aprotec, a Manchester-based company specializing in the development and commercialization of new technologies, which plays the role of the catalyst firm. Experience to date is described in the paper, and a case study is used to show how the approach has been successfully applied in practice.
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    Notes: AbstractThe authors report the results of a small-scale study of the attitudes of 174 British companies to managing their technology. Their data sources were replies to a questionnaire and interviews with 18 senior managers of the respondent companies. They relate their findings to current academic thinking about technolgy strategy, of which a bibliography and critical review is presented in the paper.The results showed that the firms in the survey did not give much specific attention to technology when formulating their strategies. Some do not have a clear notion of what is meant by ‘their technology’, and others have difficulty in deciding its character. In any case a ‘firm's technology’ is usually seen as a cluster of technologies, which is enmeshed in a network of external technologies such as those practised by suppliers and customers, rather than as a single entity. After in-house R&D the most often used forms of technology acquisition are licensing-in and contract R&D. The import of technology presents difficulties, such as codifying it in usable form and making sure that there are in-house staff capable of using it.The authors conclude overall that few firms in the sample can assess their technological strengths and weaknesses or clearly conceptualize their situation. They remark that academic approaches to technology strategy are oversimplified and do not sufficiently address the main problems in this area, which are to help managers to understand the nature of their technology position and the technological network of which their firm forms a part.
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    Notes: In the United States fabrication shops build equipment to client specifications. Once their growth and profitability were closely aligned with those of their clients who were generally the larger firms. Now that most of these clients import their needs from abroad, fabrication shops need to compete on their own in both domestic and foreign markets. In order to help them achieve their goal, we need to have some understanding of their internal development and further identify possible barriers to their foreign involvement. To this end, a conceptual model with several operational and planning variables, to discriminate fabrication shops that service foreign markets from those that do not, is postulated and empirically tested. Policy implications of the study findings are discussed briefly. Limitations of the statistical procedures and possible future work are outlined.
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    Notes: The most important families of R&D project evaluation and selection methodologies and associated techniques are briefly reviewed. For each family, generally one or two methods were chosen to be analysed from the point of view of the integration with the strategy. But, first some definitions and some aspects of the new strategic role of the evaluation and selection of R&D projects, which were in mind during the interviews, are presented.Finally, some empirical results of the use of these methodologies in France and Japan are presented. The strong and weak points of the most prevalent methods are described as they are considered by the users.
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    Notes: The paper reports a study carried out in a large UK industrial R&D establishment which had recognised that queuing for service from support groups was becoming a serious problem.The main part of the study was carried out on the operations of an analytical department. Interviews were carried out with both ‘servers’ and ‘customers’ at all levels in the organisation. These were supplemented by observations of the actual process by which service was demanded and rendered, and by analysis of records.The study revealed why the queuing problem arose and the reasons for its undesirable effects. The authors concluded that resolution of the problems is a matter for the organization as a whole, and not merely for servers and customers.The situation is further analysed in terms of queuing theory. It is argued that improvement could be achieved if a systematic priority allocation system which took into account both urgency and importance were instituted. However, rational scheduling is possible only over a short time horizon, given current human and computing abilities. To achieve optimization over a longer time horizon the authors recommend the development of an expert system incorporating past experience into its knowledge base.
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    Notes: The author has investigated the role played by project selection methods in defining a firm's technology strategy, as exemplified by a sample of innovative companies in Spain. The information was collected by a combination of questionnaire and interview with key personnel.The author was able to classify strategies into four groups: (1) a planning strategy, essentially a negotiation comprising top-down and bottom-up elements; (2) an economic strategy in which a large number of economic criteria set in advance by top management are used to evaluate projects; (3) a market strategy in which R&D is seen more or less as an adjunct to the Marketing function, which defines the products needed and negotiates the programme with top management; (4) a technical strategy, used in circumstances in which technological innovation is essential and in which, therefore, economic factors take a subsidiary place.The author's data show that in companies operating a planning strategy project selection methods of various, perhaps ad hoc kinds play a key role in reaching a company consensus. For those using an economic strategy the selection criteria are predetermined and selection methods inflexible. In the case of the market strategy, evaluation methods are used solely to help to rank projects prior to selection. Firms employing the technical strategy clearly base their decisions purely on the technical merit of the various projects put up for implementation.The paper includes information on the types of selection method used, broken down by company size and other similar criteria, and comparisons with practice in the USA, France and some other countries.
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    Notes: The author outlines a novel computer-based technique to generate ideas for new products. Essentially the technique uses the so-called Dialog databank, claimed to have access to 152 million units of information, to search for all publications in the database which combine a root concept and words such as idea, innovation, novelty, and so on. The computer can then be instructed to print out the titles of a restricted number defined by the searcher from each database accessed. The searcher can then study the contents of each publication at leisure. In principle other similar databanks can be used.The technique is illustrated by two hypothetical cases: new uses for water and new uses for metal-powder technology.The author claims that the technique will generate a large number of ideas in a short time at low-cost, can be used selectively (eg to search within a stated time-period), will link otherwise unrelated disciplines, and is well suited to brainstorming. The main drawbacks are that much of the information may be irrelevant, it cannot provide entirely new ideas though it can link existing concepts in a new way, and it cannot print out the total text from an identified source.
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    Notes: Black-Scholes price estimate of a call is commonly formed by using an estimate of the stock return variance rate in the formula. This, however, produces systematic bias with respect to the model's value with the true variance rate. This paper proposes a new procedure to form Black-Scholes price estimates using Taylor series approximation. Our Monte Carlo results favour the new procedure over the common and the recently proposed Butler-Schachter approaches when bias magnitude and any systematic pattern thereof are the relevant concerns.
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    Notes: The paper introduces employment adjustment costs into two widely used models of the trade union, and contrasts the resulting equilibrium wage and employment levels with those which result if employment can be costlessly adjusted.
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