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A Future for Economics
Economics is a discipline fundamentally concerned with effective coordination. In that way, its main concerns are very close to those of governance. Economics, like governance, has evolved considerably over the last half century. This book is a very modest attempt at gauging the relative importance of this tsunami and the way in which it might indicate what will be its future. A Future for Economics proposes the reflections on this general theme by eight senior members of the economics profession who have all taught at some time in the Department of Economics at Carleton University in Ottawa a department that has always been known for its intellectual temerity and for its interest in extendi...
The Encyclopedia of Public Choice
The Encyclopedia provides a detailed and comprehensive account of the subject known as public choice. However, the title would not convey suf- ciently the breadth of the Encyclopedia’s contents which can be summarized better as the fruitful interchange of economics, political science and moral philosophy on the basis of an image of man as a purposive and responsible actor who pursues his own objectives as efficiently as possible. This fruitful interchange between the fields outlined above existed during the late eighteenth century during the brief period of the Scottish Enlightenment when such great scholars as David Hume, Adam Ferguson and Adam Smith contributed to all these fields, and m...
Canadiana
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the Cuban Economy
Cuba faced an economic meltdown of catastrophic proportions in the early 1990s when covert subsidies from the former Soviet Union disappeared. Policies instituted by the island republic's government to handle the worst problems have had inconsistent results. Opening the economy to foreign enterprise has resulted in positive growth in tourism and nickel and cigar exports. However, remnants of the older economy, including the sugar and biotechnological industries, have only experienced a decrease in capital and importance. Basic educational and health services have been maintained surprisingly well, but the standard of living is still far below the highs of the 1980s. With contributions from many leading Cuba scholars, The Cuban Economy offers not only an analysis of the economy since 1990, but also a look towards future prospects.
Advances in Non-linear Economic Modeling
In recent years nonlinearities have gained increasing importance in economic and econometric research, particularly after the financial crisis and the economic downturn after 2007. This book contains theoretical, computational and empirical papers that incorporate nonlinearities in econometric models and apply them to real economic problems. It intends to serve as an inspiration for researchers to take potential nonlinearities in account. Researchers should be aware of applying linear model-types spuriously to problems which include non-linear features. It is indispensable to use the correct model type in order to avoid biased recommendations for economic policy.
Coercion and Social Welfare in Public Finance
This book explores the role that coercion plays in the establishment and evolution of the public economy.
Productivity and Inequality
The volume highlights the state-of-the-art knowledge (including data analysis) of productivity, inequality and efficiency analysis. It showcases a selection of the best papers from the 9th North American Productivity Workshop. These papers are relevant to academia, but also to public and private sectors in terms of the challenges that firms, financial institutions, governments, and individuals may face when dealing with economic and education related activities that lead to increase or decrease of productivity. The volume also aims to bring together ideas from different parts of the world about the challenges those local economies and institutions may face when changes in productivity are ob...
Traded and Non-traded Services
The service sector is steadily growing as services that previously were undertaken within the family unit, now show up in social accounts as health care, education and public sector services. Technological changes make possible a process of intermediation in service activities, a separation in space or time of the recipient of services from the original producer, and the increase of v̀alue-added' services. This conference met to discuss implications of the growing service sector, with the larger goal of identifying frameworks for policies to support an efficient and expanding system for production and exchange of services domestically and internationally.
