Purpose – The purpose of this paper is to construct a robust macroeconomic performance (MEP) index of the State economies of an emerging market economy, i.e. India. Design/methodology/approach – Two variants of data envelopment analysis (DEA) models – radial and non-radial – are proposed...

Former socialist economies, as they are trying to engage in a process of transition from state socialism towards forms of a market economy, and as they are trying to open themselves up to international trade, find that extreme social tensions accompany this process which go right to the heart of...

Gives a short outline of the main charac-teristics and emphasizes the actual signifi-cance of Walter Eucken's work. Summarizes the articles included in the journal.

Reports that, in 1943, Heinrich Freiherr von Stackelberg (1905-1946) discussed with an informal group meeting in Freiburg (Breisgau - Germany) “Limits and possibilities of economic planning”. Explains that the group called after its chairman “von Beckerath Circle” met to discuss problems...

Addresses the theory of capital and interest of Eucken. Explains how Eucken works out the temporal aspects of the economic process in different monetary systems, market structures and economic systems. The theory is critically evaluated. Eucken made essential contributions to the theory of...

This note examines Launhardt’s analysis of market area in Chapter 27 of his 1885 book. Under the assumption of quadratic utility function, we derive the individual spatial demand and use this spatial demand curve to show the formation of a circular market. We further show that the size of the...

Purpose – The purpose of this paper is to construct a robust macroeconomic performance (MEP) index of the State economies of an emerging market economy, i.e. India. Design/methodology/approach – Two variants of data envelopment analysis (DEA) models – radial and non‐radial – are...

Since the late 1970s there have been a number of articles devoted to re‐evaluating the issues and arguments involved in the debate concerning comparative economic systems. The present state of this continuing debate is evaluated with regard to modern theories of planning, bureaucracy,...

Gives a short outline of the main charac‐teristics and emphasizes the actual signifi‐cance of Walter Eucken′s work. Summarizes the articles included in the journal.

Addresses the theory of capital and interest of Eucken. Explains how Eucken works out the temporal aspects of the economic process in different monetary systems, market structures and economic systems. The theory is critically evaluated. Eucken made essential contributions to the theory of...