Contemporary Economic Policy articles from October 2000

Contemporary Economic Policy archives from October 2000

IS THERE A ROLE FOR TRANSACTION COST ECONOMICS IF WE VIEW FIRMS AS COMPLEX ADAPTIVE SYSTEMS?
October 1, 2000... JOHN FOSTER [*] This article assesses the usefulness of transaction cost economics when we view economic organizations, such as firms, as complex adaptive systems. Modern complexity science is a radically different in orientation to...

ORGANIZATIONAL PORTFOLIO THEORY: PERFORMANCE-DRIVEN ORGANIZATIONAL CHANGE.
October 1, 2000... LEX DONALDSON [*] The article outlines some of the main ideas of a new organizational theory: organizational portfolio theory. The literature has empirically established that organizations tend not to make needed adaptive changes until...

DEMAND UNCERTAINTY AND RESALE PRICE MAINTENANCE.
October 1, 2000... TATSUHIKO NARIU [*] When retailers must commit to shipment quantities prior to resolution of demand uncertainty manufacturer stipulation of a minimum retail price is likely to be profitable for the manufacturer and not damaging to the...

BRETTON WOODS--ORIGINAL INTENTIONS AND CURRENT PROBLEMS.
October 1, 2000... RAYMOND F. MIKESELL [*] The Bretton Woods institutions have been subjected to a variety of criticisms in recent years and have been faced with severe problems in carrying out their objectives. The International Monetary Fund (IME) and the...

HAS MACROECONOMIC PERFORMANCE REGAINED ITS ANTIPOVERTY BITE?
October 1, 2000... JONATHAN SCHWABISH [*] From the mid-1980s to the early 1990s, several important studies examined the statistical relationship between the U.S. official poverty rate and overall economic performance. Most of these studies focused on the...

INCOME INEQUALITY AND INFLATION: THE CROSS-COUNTRY EVIDENCE.
October 1, 2000... FAHIM A. AL-MARHUBI [*] Different strands of the political economy approach to macroeconomic policy imply a link between income inequality and inflation. This article tests this proposition using a newly assembled data set on income...

SUICIDE AS AN INDICATOR OF QUALITY OF LIFE: EVIDENCE FROM DIALYSIS PATIENTS.
October 1, 2000... DAVID L. KASERMAN [*] Quality of life has been measured in many different ways for patients with chronic medical conditions. What is unique about the approach used here is that it uses suicide rates as a relatively objective measure of...

THE APPEAL OF VOLUNTARY ENVIRONMENTAL PROGRAMS: WHICH FIRMS PARTICIPATE AND WHY?
October 1, 2000... ANNA ALBERINI [*] Why do firms participate in the EPA's voluntary environmental programs? Possible reasons include: (1) to appeal to consumers who demand "green" products; (2) to preempt government regulation; (3) to seek regulatory relief...

INTEREST GROUPS AND ECONOMIC POLICY: EXPLAINING THE PATTERN OF PROTECTION IN THE BRAZILIAN AGRICULTURAL SECTOR.
October 1, 2000... STEVEN M. HELFAND [*] This article examines the determinants of the pattern of protection across products in the Brazilian agricultural sector from 1969 to 1989. Three key determinants of policy are explored: interest group pressure,...

THE DECLINE OF CHINA'S BUDGETARY REVENUE: REASONS AND CONSEQUENCES.
October 1, 2000... SHUANGLIN LIN [*] The decline of the government revenue share in GDP has become a major concern for Chinese policy makers and many economists. This article analyzes the reasons and the consequences of low government budgetary revenue in...