The relationship between Nerlovian partial adjustment models and error correction models is explored. Unit root tests are employed to test stationarity of price, area and stock data of crops in the Canadian province of Saskatchewan. The data are found to be consistent with unit root...

This paper describes a conceptual framework to articulate clear rights of access to radio spectrum in a way that would foster an efficient market-based allocation of the resource. In this approach, regulators partition spectrum rights across the dimensions of space, time, frequency, and...