Since the mid-1980s, Algeria has embarked on a programme of comprehensive financial liberalisation to establish a market-oriented financial system, and to develop the role of the Algiers Stock Exchange in the mobilisation of financial resources. The transition from a centrally planned to a...

The private costs and benefits of dry-seeded rice (DSR) were investigated using data from on-station trials at Pantnagar, Uttaranchal, for 2002 and 2003. Results showed that DSR was profitable for farmers, giving net returns of Rs. 13,350 per ha for dry-seeded rice and Rs. 11,592 per ha for...

The concept of the empowered consumer cannot be considered as a field of exact scientific research yet. Nevertheless, it has become part of scholars’ interest and gains more and more importance in the research of organisational relationships with customers. It is suggested that two influencing...

This thesis traces the development of the copper industry, mining and smelting, located mainly in Cornwall and South Wales respectively, between 1760 and 1820, and the interaction between them. It is especially concerned with the impact on the mining industry of new sources of ore, technological...

This paper provides a detailed analysis of the evolving relationship between the British trading company John Swire and Sons and its Chinese partners involved in the distribution of its products, notably sugar. From the nineteenth century, Swire had utilised the Chinese system of the Comprador....

This paper outlines the development of international firms over the period from 1870 to 1945. It shows how British and other European trading firms developed international investment operations using the medium of free-standing companies. This was the origin of Royal Dutch Shell amongst other...

This paper attempts to uncover the effects of a UK welfare-to-work programme on individual wage growth by exploiting an expansion to this welfare programme. The conventional wisdom is that such programmes trap recipients into low-wage, low-quality work - this comes from the simple argument that...

This paper provides an extensive Monte Carlo comparison of several contemporary cointegration tests. Apart from the familiar Gaussian-based tests of Johansen, we also consider tests based on non-Gaussian quasi-likelihoods. Moreover, we compare the performance of these parametric tests with tests...

It is well known that economies of scale that are external to the individual decision makers can lead to self-fulfilling prophecies and the multiplicity or even indeterminacy of equilibrium. We argue that the importance of this source of multiplicity and indeterminacy is overstated in...

In this paper we present a small estimated multicountry model of eight EU member states (Belgium, Denmark, France, Germany, Ireland, Italy, the Netherlands and the UK), the USA and Japan, in which international linkages are directly modelled. Our starting point is a modified version of the...