Economic analysis demonstrates that, continuing from its intentionally racist beginnings in the 1920s, the American Bar Association's system for accrediting law schools excludes most African-Americans from the legal profession, while allowing whites to enter. The discriminatory impact of ABA...

In this paper, I analyze the time paths of the efficiencies of skilled and unskilled labor in aproduction framework where skilled and unskilled labor are imperfect substitutes. Theirimplications for economic growth and wage inequality in the US between 1950 and 2005present two main findings....

In many industries, competition is far from perfect and managerial efficiency (or a fixed cost) varies among firms. However, traditional measurement of technological progress assumes perfect competition and no fixed cost. This paper incorporates these two factors in the technological-progress...

Robin Boadway examines the development of fiscal arrangements and considers the substantial fiscal decentralization that has occurred in Canada over the past 20 years. Boadway makes the case that the fiscal arrangements have played an important role in improving the performance of the Canadian...

Productivity research is Canada has traditionally focused on narrow economic issues. In our view, it has given inadequate attention to the broader ramifications of productivity, both in terms of shedding light on the importance of productivity for the advancement of various aspects of social...

The Economic Council’s Road Map for Tax Reform laid the groundwork for a greater discussion of the consumption tax principle as a basis for taxation in Canada. In his paper, Jack M. Mintz continues this discussion by setting out the case for and against a consumption tax. He argues that the...

In the third paper on taxation, Jack M. Mintz and Thomas A. Wilson consider the best way to allocate the “fiscal dividend”. This is the amount available to the government that can be used for tax cuts or expenditure increases within the framework of a balanced budget. In their view, although...

This paper examines how vertical integration affects non-price efficiency in the movie theater industry. Adopting a discrete choice framework, we derive consumer welfare under capacity constraints and fixed prices, and show that allocating capacity proportionally to demand is efficient. Applying...

In the recent case of Deloach v. Philip Morris, plaintiff tobacco growers accused the major cigarette manufacturers of using unusually structured tobacco auctions to engage in monopsony collusion. The DeLoach case produced one of the largest antitrust settlements ever. The objective of this...

Queuing theory studies the behavior of systems subject to different working conditions, which sometimes force clients to wait for service. It has a vast applicability, since it quantifies the dilemma of many companies and institutions between efficacy (provide a good service) and efficiency...