The objective of this paper is to evaluate empirically the relevance of the neoclassical, post-Keynesian, and classical theories of competition in the light of the available empirical evidence from Greek large-scale manufacturing industries. The econometric analysis shows that the classical and...

This paper investigates the impact of the Turkish public sector imbalances on the evolution of the economic crisis during 1990-93. A computable general equilibrium model is used. The theoretical basis of the model rests upon the structuralist/Keynesian macro foundations. Its distinguishing...

Econometric models of grain supply and demand which incorporate the effects of policy interventions and institutional changes are used as the basis for projecting grain balances in China to 2010. The paper outlines key assumptions about future changes in grain policies and other important...

China's phenomenal economic growth since 1979 is seen by many as a challenge to the belief that the clarification of property rights is a necessary step of successful transition from a planned economy to a market economy. Instead of mass and rapid privatization, reforms in the Chinese state...

Collective members on China's communes actively participated in collective production, working even more so than a self-cultivating farmer would, but while engaged in collective work they shirked. The cause of shirking was the work accounting system which credited workpoints according to...

This paper estimates an index of barriers to entry for each of the 40 Chinese industries by modelling entry as a function of various incentives to enter, relative to the level of barriers to entry. The estimated index was employed to analyse the relationship between barriers to entry and...

After the reunification of Hong Kong and China in 1997, Hong Kong is assured of a high degree of autonomy by the Basic Law. However, there remains some worry about the territory's economic viability and financial stability. Whether Chinese policies and China's remarkable growth momentum could...

The decade of the 1980s saw profound changes in the political economy of Latin America. The stabilisation and debt crises forced many countries in the region to re-examine their economic policies individually as well as collectively. The consequence was both a movement in the direction of...