Survey data on expected and actual prices received by individual vegetable growers in Florida, Michigan and Texas in 1990 are used to test the rational expectations hypothesis. The use of individual grower data overcomes many of the issues that have limited previous tests of this hypothesis in...

Surveys the literature on the role of exports in economic growth and provides additional qualifications concerning the measurement of the different channels through which exports may contribute to economic growth. Our framework shows that the most commonly used supply‐side approaches have...

A number of recent papers have raised serious questions about the validity of the German dominance hypothesis, using Granger (temporal) causality tests. If Germany dominates within the European Monetary System, then German monetary policy, measured by either money stocks or interest rates should...

It is demonstrated that entropy is a useful measure for examining industrial diversity either among regions or for a particular region over time. Using the entropy method, employment diversity indices are computed for the 50 states and the district of Columbia for the ten‐year period from 1972...

Economists of the Public Choice School have argued that compensation payments to victims of crime will increase the crime rate. This proposition is examined by estimating crime supply functions for rape and aggravated assault in which the expected probability and magnitude of compensation...

A simultaneous equation model is used to estimate export demand and supply functions for US soybeans. Price, income, exchange rate and other effects on exports to four world regions are estimated. Inclusion of export supply relationships have very significant implications for estimated price‐,...

The relative impacts of the monetised and non‐monetised deficit on output and inflation in the United States are assessed using annual data for the 1923‐1982 period. With Federal Reserve purchases of government debt serving as a measure of monetisation, the results of Granger causality tests...

1982 US intra‐industry trade (IIT) for 308 four‐digit manufacturing products is related to industry characteristics in a cross‐section regression study of the sources of two‐way trade. Results indicate the empirical relevance of models which present IIT as the result of international...

Argues the case for reform of US tax codes from a feminist viewpoint. “The household” and “the individual” are falsely distinguished in the tradition of taxing only adult male breadwinners ‐women being engulfed in “the household”. Describes recent analysis of human identity in...