Scottish Journal of Political Economy

1954 - 2025

Current editor(s): Tim Barmby, Andrew Hughes-Hallett and Campbell Leith

From Scottish Economic Society
Contact information at EDIRC.
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The Interaction between Game Theory and Theoretical Industrial Economics pp. 353-73: James Friedman
Free Banking in Scotland, 1695-1845 pp. 374-90: Sheila Dow and John Smithin
The Law of the Shrinking Middle: Inequality of Earnings in Australia 1975-1989 pp. 391-412: John King, R J Rimmer and S M Rimmer
Management Equity Ownership, Debt and Performance: Some Evidence from UK Management Buyouts pp. 413-30: R S Thompson, Mike Wright and Ken Robbie
The Union Response to the Poll Tax pp. 431-38: Anthony A Sampson and Robert Simmons
A Simple Imperfectly Competitive Model of the Distribution of Income pp. 439-56: Howard F Naish
How Rival Are the Ricardian Equivalence Proposition and the Fiscal Policy Potency View? pp. 457-76: Basil A Dalamagas

A Data Based Simulation Model of the Financial Asset Decisions of UK, 'Other' Financial Intermediaries pp. 241-60: David Barr and K Cuthbertson
Consumer Durables Spending and Housing Market Activity pp. 261-71: Alan Carruth and Andrew Henley
Regional Migration versus Regional Commuting: The Identification of Housing and Employment Flows pp. 272-87: Richard Jackman and Savvas Savouri
Informal Care and Female Labour Supply pp. 288-301: Tim Barmby and Sue Charles
The Council Tax: The Distributional Implications of Returning to a Tax on Property pp. 302-17: Kenneth Gibb
Keynes' Economic Thought and the Theory of Consumer Behaviour pp. 318-36: Stavros Drakopoulos
Developments in Game Theory--A Review Article pp. 337-45: Alistair Munro

Does the Forward Premium/Discount Help to Predict the Future Change in the Exchange Rate? pp. 129-40: Charles A E Goodhart, Patrick C McMahon and Yerima Lawan Ngama
Is Worker Behaviour Consistent with Efficiency Wages? pp. 141-53: Robert Drago and John Heywood
How Robust Is the Finding That Innovations to UK Output Are Persistent? pp. 154-66: Terence C Mills
Nominal Income Targeting versus Money Supply Targeting pp. 167-87: Kazumi Asako and Helmut Wagner
Regional Wage Inflation and Unemployment Dynamics in Great Britain pp. 188-200: Thomas Hyclak and Geraint Johnes
Human Capital, Hysteresis and Unemployment among Workers with Finite Lives pp. 201-12: Simon Price
Crime and Unemployment in Scotland: An Econometric Analysis Using Regional Data pp. 213-28: Barry Reilly and Robert Witt

Why Don't Individuals Speculate in the Forward Foreign Exchange Market? pp. 1-13: Charles A E Goodhart and Mark Taylor
The Effect of Distinguishing Hours and Workers in Production on Labour Market Equilibrium pp. 14-20: Ian Dobbs
The Role of Community Values in Modern Classical Liberal Economic Thought pp. 21-38: Jerry Evensky
Scale Economies in Small Entrepreneurial Firms pp. 39-51: Gavin Reid
Multinational Enterprise and Strikes: Theory and Evidence pp. 52-68: F Carmichael
A Simple Proof of Sweezy's 'Kinked-Demand' Conjecture pp. 69-75: Robert Rothschild
The Incidence of Business Rates on Manufacturing Industry in Scotland and the Rest of the UK pp. 76-94: Douglas Mair and Anthony J Laramie
A Pitfall in the Comparative Statics of Oligopoly pp. 95-99: F W McElroy
Adam Smith on the Falling Rate of Profit: A Reappraisal pp. 100-110: Francisco Verdera
On Share Contracts and Other Economic Contributions of Xenophon pp. 111-22: Louis Christofides
A Revolution in Microeconomic Analysis? Review Article pp. 123-28: Paul Hare

Price Discipline, Output Costs and Exchange Rate Stabilisation: Empirical Estimates for the G3 Countries pp. 305-16: Andrew Hughes Hallett
The Effect of Varying Length VAR Models on the Maximum Likelihood Estimates of Cointegrating Vectors pp. 317-23: Stephen Hall
The U.K. Oil Industry: Some Inferences from the Efficient Market Hypothesis pp. 324-34: Neil Manning
Generalized Rationing Theory pp. 335-42: William Jackson
Labour Supply and Tax Rates in a Many-Person Economy pp. 343-51: Firouz Gahvari
Self-Employment and New Firm Formation pp. 352-68: Martin T Robson
Advertising and the Consumption of Tobacco and Alcoholic Drink: A System-Wide Analysis pp. 369-85: Martyn Duffy
Measuring Efficiency in Northern Ireland Manufacturing Using a Frontier Production Function Approach pp. 386-97: Richard Harris
Optimum Welfare and Maximum Revenue Tariffs under Oligopoly pp. 398-401: David Collie
Decline without a Fall: The British Economy since 1945: Review Article pp. 402-08: Alexander Dow and Peter Howlett

Fixed Money Growth Rules and the Rate of Inflation: Global versus Local Dynamics pp. 209-26: Donald A R George and Les Oxley
On Choosing Organizational-Arrangements: The Example of Offshore Oil Gathering pp. 227-41: Paul Hallwood
Equity Prices, Dividends and Gilt Yields in the UK: Cointegration, Error Correction and 'Confidence.' pp. 242-55: Terence C Mills
An Economic Analysis of the Revised Regional Development Grant Scheme pp. 256-72: C M Wren and John Swales
The Effect of Labour Subsidies in Northern Ireland, 1967-78: A Simulation Analysis pp. 273-92: Stephen Roper and Geraldine O'Shea
Macroeconomics into the 1990s pp. 293-301: Rod Cross

An Efficiency-Wage-Hours Model and Shorter Working Hours pp. 113-31: Jan Beyer Schmidt-Sorensen
Indirect Interdependencies as a Fundamental pp. 132-41: Michael S Common
Industry Characteristics and Inter-regional Wage Differences pp. 142-61: David H Blackaby and Philip D Murphy
The Entrepreneurial Function in the Theory of the Firm pp. 162-76: Neil B Niman
An Empirical Examination of the Case for Post Office Divestiture in the UK pp. 177-91: Lester Hunt and Edward L Lynk
The Structure of Production, Technical Change and Total Factor Productivity in the Northern Ireland Agricultural Industry, 1955-86 pp. 192-205: Donal G McKillop and J Colin Glass

UK Exports of Manufactures: The Role of Supply Side Factors pp. 1-18: Sean Holly and Keith Wade
Modelling Hours of Work in a Labour Services Function pp. 19-31: Derek Leslie
The Effects of Advertising (and) Investment on Aggregate Profits pp. 32-40: Christos Pitelis
Firms, Markets and Transaction Cost Economics pp. 41-57: Michael Dietrich
The Recreational Value of the Forestry Commission Estate in Great Britain: A Clawson-Snetsch Travel Cost Analysis pp. 58-75: K G Willis
Adam Smith's Rhetoric of Economics: An Illustration Using 'Smithian' Compositional Rules pp. 76-95: A M Endres
An Economic Review of the NHS White Paper pp. 96-105: John Brazier and Charles E M Normand