In this paper we begin with a given social endowment. A profile of shares (which could very well all be equal), is part of the environment. This is the planner’s contribution to the economic environment, as conceived in this paper. First we formulate the concept of an envy free allocation as...

The annual earnings performance of a company reflect numerous events. Some of these events affect almost all the companies in the economy whereas some are specific to the industry in which the company is operating. The objective of the present paper is to discern and quantify the influences...

The above paper was prepared for the Conference on Economic Consequences of New Rice Technology organized by the International Rice Research Institute, Philippines during December 13-16, 1076. Section 1 of the paper summarizes the major conclusions of the resource paper on the subject by Dr....

In the present paper it is argued that the most popular among the non-survey methods the RAS method is not a consistent and efficient method to regionalise the national input-output tables. An alternative non-survey method is, therefore, proposed as a solution to the problem when data on...

We examine the determinants of capital structure of Malaysian companies utilizing data from 1984 to 1999. We classify data into four sub-periods that correspond to different stages of Malaysian capital market. Debt is decomposed into three categories: short-term, long-term and total debt. Both...

The oil crisis has led us to explore the alternative sources of nitrogen. One of the alternatives for nitrogen is cow dung (Gobar). Scientists have invented a gobar gas plant which gives methane gas for fuel and rich slurry with high content of nitrogen. Based on the data provided by the Khadi...

A transition towards sustainable development requires recognition of the fundamental contradiction between the strategies which build upon what people do not know or have and the ones which take people’s knowledge systems as the basic building block. It is the latter process of building upon...

In this paper, our purpose is to show that a tax schedule is neutral with respect to a concave utility function if and only if it is an equal proportional sacrifice tax schedule.

Action research has been widely used to solve problems in the society. There have been criticisms of action research both by traditionalist and radical social scientist. According to the latter action research lacks both the rigour of research and vigour of action. A new three dimensional grid...