The location patterns of multinational corporations, and factors influencing their location, have been the subject of much recent analysis. However, very little work has been undertaken concerning the determinants of the location of early inward foreign direct investment (FDI) in Britain prior...

Economists have hitherto neglected the behaviour of the personal introduction agency sector. This paper presents estimates of the average cost function. It is found to have a U-shaped pattern. Average costs are also shown to be higher when the agency guarantees a minimum number of dates and...

Hold-up problem is identified as the main problem that must be confronted in providing for an efficient contractual relationship between the government and oil companies in exploiting North Sea Oil.

This paper addresses the issue of sample selection bias in theoretical validity tests of willingness to pay (WTP) estimates of the use-value of an environmental good. Theoretical validity assesses the extent to which findings of a Contingent Valuation (CV) survey are consistent with theoretical...

This paper examines the neo-liberal development strategies adopted by Central America and the Caribbean during the 1980s and 1990s. The historical pattern of CAC trade and a general discussion on trade liberalization are coupled with 3 specific case studies - Costa Rica, Guatemala and Jamaica -...

Since the eighteenth century there has been a long-run trend towards growing functional and geographical specialisation of commercial and industrial buildings within particular urban centres. This trend reached a peak in around 1960 and the last four decades have witnessed a move away from...

During inter-war years (particularly the 1930s) Britain witnessed considerable long-distance internal migration from the traditional heartlands of the North, Scotland, and Wales, to new or expanding industrial communities in the South East and Midlands. This paper examines the impact of internal...

This paper contributes to the arguments, advanced in a number of recent studies, that protectionism ahd a substantial positive net influence on the British economy during the 1930's.

This paper examines the investment decision-making process behind the allocation of government expenditure in Britain during the period 1945-60, in the light of institutional theories of Britain's poor post-war economic performance, taking the example of road infrastructure investment.