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This paper introduces the rest of this issue of Economic Systems Research, which is dedicated to the contributions of Sir Richard Stone, Michael Bacharach, and Philip Israilevich. It starts out with a brief history of biproportional techniques and related matrix balancing algorithms. We then...
Persistent link: https://www.econbiz.de/10005484849
Recent work by Jackson (1998) subtly pointed out a means of forming direct input coefficient matrices from national technology that is different from that published elsewhere. In this paper, I rationalize his approach and also point out that prior approaches may still be useful in certain...
Persistent link: https://www.econbiz.de/10005484978
A wide range of approaches are available for classifying coefficients according to their importance to an economy. The 'tolerable limits' approach is one that has been extensively written about. Nevertheless, it seems unsuitable for assessing the overall importance of a coefficient to an...
Persistent link: https://www.econbiz.de/10005484990
This paper is dedicated to the contributions of Sir Richard Stone, Michael Bacharach, and Philip Israilevich. It starts out with a brief history of biproportional techniques and related matrix balancing algorithms. We then discuss the RAS algorithm developed by Sir Richard Stone and others. We...
Persistent link: https://www.econbiz.de/10005408267
Persistent link: https://www.econbiz.de/10005451758
State tax revenues from casinos as a share of total state gaming revenues generally correlate well with the year of legalization. The share ranges from about 8.0 percent in Nevada, the first state to legalize gambling, to 47.4 percent in Pennsylvania, one of the most recent state to legalize...
Persistent link: https://www.econbiz.de/10010740464
Persistent link: https://www.econbiz.de/10005637685
The literature on regional disparities in China is both broad and deep. Nonetheless much of its focus has been on the effects of trade liberalization and national policies toward investment in interior provinces. Few pieces have examined whether the disparities might simply be due to differences...
Persistent link: https://www.econbiz.de/10005789311
This paper investigates whether the presence of college increases house prices and the tax base. Colleges provide cultural and recreational amenities to the surrounding area but lifestyle choices of students may create negative externalities that depress property prices. In addition, colleges...
Persistent link: https://www.econbiz.de/10008514904
Persistent link: https://www.econbiz.de/10005219199