Enterprise ownership, enterprise organisation, and worker attitudes in Chinese rural industry: some new evidenceP Bowles, X-Y Dong
doi: 10.1093/cje/23.1.1pmid: N/A
China's Township and Village Enterprises (TVEs) have performed remarkably well during the post-1979 period. However, agreement on their organisational and behavioural characteristics and the reasons for their success remains elusive. For some, TVEs are simply private enterprises in disguise and behaviourally equivalent; for others, TVEs represent a unique form of enterprise organisation based on collective ownership; the success of which poses a serious challenge to the conventional prescriptions favouring privatisation. This paper reports findings from a small survey of private and collective rural enterprises in Heilongjiang, north-east China. We find strong evidence that differences in ownership are reflected in different forms of organisational behaviour, residual payment structures, and in different worker attitudes and degrees of commitment to the enterprise. Oxford University Press « Previous | Next Article » Table of Contents This Article Camb. J. Econ. (1999) 23 (1): 1-20. doi: 10.1093/cje/23.1.1 » Abstract Free Full Text (PDF) Free Classifications Article Services Article metrics Alert me when cited Alert me if corrected Find similar articles Similar articles in Web of Science Add to my archive Download citation Request Permissions Citing Articles Load citing article information Citing articles via CrossRef Citing articles via Scopus Citing articles via Web of Science Citing articles via Google Scholar Google Scholar Articles by Bowles, P. Articles by Dong, X. Y. Search for related content Related Content O15 - Human Resources; Human Development; Income Distribution; Migration O18 - Regional, Urban, and Rural Analyses P31 - Socialist Enterprises and Their Transitions Load related web page information Share Email this article CiteULike Delicious Facebook Google+ Mendeley Twitter What's this? Search this journal: Advanced » Current Issue November 2015 39 (6) Alert me to new issues The Journal About this journal Rights & Permissions Dispatch date of the next issue We are mobile – find out more This journal is a member of the Committee on Publication Ethics (COPE) Published on behalf of The Cambridge Political Economy Society Impact factor: 1.311 5-Yr impact factor: 1.627 Managing Editor Jacqui Lagrue View full editorial board For Authors Instructions to authors Self- archiving policy Submit Now! Online submission instructions Call for papers for a special issue - ‘Cranks’ and ‘brave heretics’: Rethinking money and banking after the Great Financial Crisis (GFC) Alerting Services Email table of contents Email Advance Access CiteTrack XML RSS feed Corporate Services Advertising sales Reprints Supplements
Interpreting budget deficits in Latin America: the methods with application to ArgentinaDG Arce M
doi: 10.1093/cje/23.1.21pmid: N/A
Fiscal policy in Latin American countries is too often evaluated on the basis of raw deficit figures. This study demonstrates how the effects of inflation on the deficit must be removed in order to derive the discretionary component of fiscal policy. Once this correction is made, fiscal policy can be evaluated by testing the movement of the deficit with respect to alternative policy targets. As an illustration I employ Argentine data in order to decompose the deficit and determine the degree to which it is a reflection of budget endogeneity versus populism/social conflict. Oxford University Press « Previous | Next Article » Table of Contents This Article Camb. J. Econ. (1999) 23 (1): 21-32. doi: 10.1093/cje/23.1.21 » Abstract Free Full Text (PDF) Free Classifications Article Services Article metrics Alert me when cited Alert me if corrected Find similar articles Similar articles in Web of Science Add to my archive Download citation Request Permissions Citing Articles Load citing article information Citing articles via CrossRef Citing articles via Scopus Citing articles via Web of Science Citing articles via Google Scholar Google Scholar Articles by Arce M, D. Search for related content Related Content E62 - Fiscal Policy O23 - Fiscal and Monetary Policy in Development Load related web page information Share Email this article CiteULike Delicious Facebook Google+ Mendeley Twitter What's this? Search this journal: Advanced » Current Issue November 2015 39 (6) Alert me to new issues The Journal About this journal Rights & Permissions Dispatch date of the next issue We are mobile – find out more This journal is a member of the Committee on Publication Ethics (COPE) Published on behalf of The Cambridge Political Economy Society Impact factor: 1.311 5-Yr impact factor: 1.627 Managing Editor Jacqui Lagrue View full editorial board For Authors Instructions to authors Self- archiving policy Submit Now! Online submission instructions Call for papers for a special issue - ‘Cranks’ and ‘brave heretics’: Rethinking money and banking after the Great Financial Crisis (GFC) Alerting Services Email table of contents Email Advance Access CiteTrack XML RSS feed Corporate Services Advertising sales Reprints Supplements
Evolutionary growth theory and forms of realismP Northover
doi: 10.1093/cje/23.1.33pmid: N/A
In response to arguable failings in neoclassical explanations of economic growth, Nelson and Winter have offered the alternative of an evolutionary theory for enhanced explanatory power. In so doing they have introduced a distinction between 'formal' and 'appreciative' theory which has since been enthusiastically taken up by many. However, are Nelson and Winter's 'formalisms' really any different from a positivistic instrumentalism? In this paper, I reassess the fruitfulness of Nelson and Winter's formal theorising on economic growth and the genuineness of their realist credentials by drawing on recent developments in the philosophy of science, systematised under the heading of transcendental realism . Oxford University Press « Previous | Next Article » Table of Contents This Article Camb. J. Econ. (1999) 23 (1): 33-63. doi: 10.1093/cje/23.1.33 » Abstract Free Full Text (PDF) Free Classifications Article Services Article metrics Alert me when cited Alert me if corrected Find similar articles Similar articles in Web of Science Add to my archive Download citation Request Permissions Citing Articles Load citing article information Citing articles via CrossRef Citing articles via Scopus Citing articles via Web of Science Citing articles via Google Scholar Google Scholar Articles by Northover, P. Search for related content Related Content O40 - General Load related web page information Share Email this article CiteULike Delicious Facebook Google+ Mendeley Twitter What's this? Search this journal: Advanced » Current Issue November 2015 39 (6) Alert me to new issues The Journal About this journal Rights & Permissions Dispatch date of the next issue We are mobile – find out more This journal is a member of the Committee on Publication Ethics (COPE) Published on behalf of The Cambridge Political Economy Society Impact factor: 1.311 5-Yr impact factor: 1.627 Managing Editor Jacqui Lagrue View full editorial board For Authors Instructions to authors Self- archiving policy Submit Now! Online submission instructions Call for papers for a special issue - ‘Cranks’ and ‘brave heretics’: Rethinking money and banking after the Great Financial Crisis (GFC) Alerting Services Email table of contents Email Advance Access CiteTrack XML RSS feed Corporate Services Advertising sales Reprints Supplements
Critical survey. The new 'geographical turn' in economics: some critical reflectionsR Martin
doi: 10.1093/cje/23.1.65pmid: N/A
Over the past few years, a new 'geographical' economics has emerged, focused on the spatial agglomeration of industry and the long-run convergence of regional incomes. Several leading names are associated with this 'geographical turn', including Paul Krugman, Michael Porter, Robert Barro and W. Brian Arthur. This 'new economic geography', it is argued here, is neither that new, nor is it geography. Instead, it is a reworking (or re-invention) - using recent developments in formal (mathematical) mainstream economics - of traditional location theory and regional science. As such it is quite opposed to, and difficult to reconcile with, the work on regional development and industrial agglomeration being carried out in economic geography proper. Oxford University Press « Previous | Next Article » Table of Contents This Article Camb. J. Econ. (1999) 23 (1): 65-91. doi: 10.1093/cje/23.1.65 » Abstract Free Full Text (PDF) Free Classifications Article Services Article metrics Alert me when cited Alert me if corrected Find similar articles Similar articles in Web of Science Add to my archive Download citation Request Permissions Citing Articles Load citing article information Citing articles via CrossRef Citing articles via Scopus Citing articles via Web of Science Citing articles via Google Scholar Google Scholar Articles by Martin, R. Search for related content Related Content F10 - General R10 - General Load related web page information Share Email this article CiteULike Delicious Facebook Google+ Mendeley Twitter What's this? Search this journal: Advanced » Current Issue November 2015 39 (6) Alert me to new issues The Journal About this journal Rights & Permissions Dispatch date of the next issue We are mobile – find out more This journal is a member of the Committee on Publication Ethics (COPE) Published on behalf of The Cambridge Political Economy Society Impact factor: 1.311 5-Yr impact factor: 1.627 Managing Editor Jacqui Lagrue View full editorial board For Authors Instructions to authors Self- archiving policy Submit Now! Online submission instructions Call for papers for a special issue - ‘Cranks’ and ‘brave heretics’: Rethinking money and banking after the Great Financial Crisis (GFC) Alerting Services Email table of contents Email Advance Access CiteTrack XML RSS feed Corporate Services Advertising sales Reprints Supplements
Note and comment. On Sraffa's price systemK Sharpe
doi: 10.1093/cje/23.1.93pmid: N/A
This paper offers a novel interpretation of Sraffa's Production of Commodities (1960) by making use of the distinction between stock and flow equilibria drawn by Hicks in Capital and Growth (1965). Sraffa's price system is described as an economy-wide stock equilibrium - defined and analysed independently of the conditions of flow (supply and demand) equilibrium. The merits of this interpretation are twofold: first, it allows certain elements of Sraffa's book which have perplexed some readers to be more readily understood; and, second, it allows one to see more clearly the fundamental differences in method of the modern classical and neoclassical approaches to economics. Oxford University Press « Previous | Next Article » Table of Contents This Article Camb. J. Econ. (1999) 23 (1): 93-101. doi: 10.1093/cje/23.1.93 » Abstract Free Full Text (PDF) Free Classifications Article Services Article metrics Alert me when cited Alert me if corrected Find similar articles Similar articles in Web of Science Add to my archive Download citation Request Permissions Citing Articles Load citing article information Citing articles via CrossRef Citing articles via Scopus Citing articles via Web of Science Citing articles via Google Scholar Google Scholar Articles by Sharpe, K. Search for related content Related Content B20 - General E11 - Marxian; Sraffian; Institutional; Evolutionary Load related web page information Share Email this article CiteULike Delicious Facebook Google+ Mendeley Twitter What's this? Search this journal: Advanced » Current Issue November 2015 39 (6) Alert me to new issues The Journal About this journal Rights & Permissions Dispatch date of the next issue We are mobile – find out more This journal is a member of the Committee on Publication Ethics (COPE) Published on behalf of The Cambridge Political Economy Society Impact factor: 1.311 5-Yr impact factor: 1.627 Managing Editor Jacqui Lagrue View full editorial board For Authors Instructions to authors Self- archiving policy Submit Now! Online submission instructions Call for papers for a special issue - ‘Cranks’ and ‘brave heretics’: Rethinking money and banking after the Great Financial Crisis (GFC) Alerting Services Email table of contents Email Advance Access CiteTrack XML RSS feed Corporate Services Advertising sales Reprints Supplements
Note and comment. The credit-led supply of deposits and the demand for money: Kaldor's reflux mechanism as previously endorsed by Joan RobinsonM Lavoie
doi: 10.1093/cje/23.1.103pmid: N/A
The purpose of this note is to reconsider the puzzle arising from a theory of endogenous credit-money: if the supply of bank credit is the source of bank deposits, what would occur when the supply of bank deposits exceeds the demand for deposits? It has recently been argued that changes in interest rate differentials would be the primary mechanism through which such an inequality could be reduced back to equality. The argument here is that such a mechanism is a secondary one, akin to Kaldor's reflux principle, which is itself the primary mechanism, when properly generalised to increases in advances generated by the private, the public, and the external sectors, and when reflux is extended to all agents, including households and banks. Oxford University Press « Previous | Next Article » Table of Contents This Article Camb. J. Econ. (1999) 23 (1): 103-113. doi: 10.1093/cje/23.1.103 » Abstract Free Full Text (PDF) Free Classifications Article Services Article metrics Alert me when cited Alert me if corrected Find similar articles Similar articles in Web of Science Add to my archive Download citation Request Permissions Citing Articles Load citing article information Citing articles via CrossRef Citing articles via Scopus Citing articles via Web of Science Citing articles via Google Scholar Google Scholar Articles by Lavoie, M. Search for related content Related Content E41 - Demand for Money E51 - Money Supply; Credit; Money Multipliers Load related web page information Share Email this article CiteULike Delicious Facebook Google+ Mendeley Twitter What's this? Search this journal: Advanced » Current Issue November 2015 39 (6) Alert me to new issues The Journal About this journal Rights & Permissions Dispatch date of the next issue We are mobile – find out more This journal is a member of the Committee on Publication Ethics (COPE) Published on behalf of The Cambridge Political Economy Society Impact factor: 1.311 5-Yr impact factor: 1.627 Managing Editor Jacqui Lagrue View full editorial board For Authors Instructions to authors Self- archiving policy Submit Now! Online submission instructions Call for papers for a special issue - ‘Cranks’ and ‘brave heretics’: Rethinking money and banking after the Great Financial Crisis (GFC) Alerting Services Email table of contents Email Advance Access CiteTrack XML RSS feed Corporate Services Advertising sales Reprints Supplements