It has been acknowledged in the literature that productive efficiency in grain production in China has substantially improved in the post-reform period, particularly in the early 1980s. Since then, there have been several policy changes in China, which have affected the growth of the sector....

Although economic theory indicares that services are income elastic, empirical Evidence on this issue has not been conclusive. Using time series dat from 1965 to 1996 this paper ettempts to test whether consumer's demand for services is income elastic in Singapore. Unlike in other studies,the...

The issue of the appropriate balance in emphasis between efficient choice of technology and efficient use of the chosen technology has, in recent years, received too little attention-it being granted, erroneously, that people can operate the technology efficiently. In this context, the...