Issue 2

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December 1981
Articles: 

The Relation Between Energy and Non-Energy Inputs in India's Manufacturing Industries

 THE purpose of this paper is to examine the substitution possibilities among energy inputs and other (non-energy) factors of production in response to price changes.

New Data on the Diffusion of the Basic Oxygen Furnace in the U. S. and Japan

 INTERNATIONAL differences in the diffusion of the basic oxygen furnace (BOF) have been examined in numerous studies. The reasons for this interest are clear.

Price Change and Oligopoly

 THE emergence of oligopoly as the typical industrial structure can affect the macro-operation of the modern economy in numerous ways.

The Financial Characteristics of Firms and Theories of Merger Activity

 THERE are a number of important reasons why economists have shown great interest in the analysis of merger activity in all advanced industrial societies.

Internal Organization and Economic Performance: An Empirical Analysis of the Profitability of Principal Firms

 BUSINESS historians have long been aware that organizational innovations have had remarkable productivity ramifications, A. H.

Internal Organization and Profit: A Note

 In a recent contribution to this Journal, Steer and Cable (henceforth S-C) [17] investigated the impact of internal structure on company performance as a test of the hypothesised superiority of

The Case of Monopoly and Pollution

 IN a recent note, Endres [3] shows that monopoly is an inefficient means of pollution control in precisely the same sense in which, with a competitive model, are Pigovian t-axes on output.

On the Measurement of Aggregate Concentration

 IN a recent issue of this Journal, Lawrence White [4] claims to show that aggregate concentration has not increased in the U.S.

On Measuring Aggregate Concentration: A Reply

 IN an earlier article [1] I provided evidence which indicated that aggregate concentration in the United States was not increasing in the 1970s, at least through 1977.