Scottish Journal of Political Economy

1954 - 2025

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

From Scottish Economic Society
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Volume 57, issue 5, 2010

WHAT MAKES INTERNATIONAL CAPITAL FLOWS PROMOTE ECONOMIC GROWTH? AN INTERNATIONAL CROSS‐COUNTRY ANALYSIS pp. 515-546

Chung‐Hua Shen, Chien‐Chiang Lee and Chi‐Chuan Lee

CAPITAL MAINTENANCE AS A KEY DEVELOPMENT TOOL pp. 547-567

Raouf Boucekkine, Blanca Martinez and Çağrı Sağlam

DOES REAL INTEREST RATE PARITY HOLD FOR OECD COUNTRIES? NEW EVIDENCE USING PANEL STATIONARITY TESTS WITH CROSS‐SECTION DEPENDENCE AND STRUCTURAL BREAKS pp. 568-590

Mariam Camarero, Josep Lluís Carrion‐i‐Silvestre and Cecilio Tamarit

FOREIGN DIRECT INVESTMENT: THE KNOWLEDGE‐CAPITAL MODEL AND A SMALL COUNTRY CASE pp. 591-614

Helga Kristjánsdóttir

GROWTH AND WELFARE EFFECTS OF WORLD MIGRATION pp. 615-643

Paul Levine, Emanuela Lotti, Joseph Pearlman and Richard Pierse

NON‐UNIFORM STRATEGIC TRADE POLICY AND AGGREGATE PROFIT CREATION EFFECT pp. 644-662

Seung-Gyu Jo

Volume 57, issue 4, 2010

NEW LIGHTS ON THE ROBBINSIAN THEORY OF WORK SUPPLY pp. 375-403

Ignacio Falgueras‐Sorauren

TEAMWORK AND INTRA‐FIRM WAGE DISPERSION AMONG BLUE‐COLLAR WORKERS pp. 404-429

Uwe Jirjahn and Kornelius Kraft

ISLAMISTIC TERROR AND THE LABOUR MARKET PROSPECTS OF ARAB MEN IN ENGLAND: DOES A COUNTRY'S DIRECT INVOLVEMENT MATTER? pp. 430-454

Nils Braakmann

FISCAL POLICY UNDER BALANCED BUDGET AND INDETERMINACY: A NEW KEYNESIAN PERSPECTIVE pp. 455-472

Giovanni Di Bartolomeo and Marco Manzo

MONETARY AND FISCAL POLICY EFFICIENCY AND COORDINATION IN A MULTI‐SECTOR OPEN‐ECONOMY GENERAL EQUILIBRIUM MODEL pp. 473-492

Gilbert Koenig and Irem Zeyneloglu

FINANCIAL DEVELOPMENT ON GROWTH CONVERGENCE pp. 493-514

Dong‐Hyeon Kim, Ho-Chuan Huang, Shu-Chin Lin and Chih‐Chuan Yeh

Volume 57, issue 3, 2010

OPERATING UNCERTAINTY USING REAL OPTIONS pp. 253-253

Michael Funke

OPTIONS, INACTION, AND UNCERTAINTY pp. 254-271

Giuseppe Bertola

MARKET ACCESS THROUGH BOUND TARIFFS pp. 272-289

Davide Sala, Philipp Schröder and Erdal Yalcin

BOOMS, RECESSIONS AND FINANCIAL TURMOIL: A FRESH LOOK AT INVESTMENT DECISIONS UNDER CYCLICAL UNCERTAINTY pp. 290-317

Yu-Fu Chen and Michael Funke

MANAGING MIGRATION THROUGH CONFLICTING POLICIES: AN OPTION‐THEORY PERSPECTIVE pp. 318-342

Michele Moretto and Sergio Vergalli

QUANTIFYING THE ROLE PLAYED BY SUNK CAPITAL COSTS IN REAL‐OPTIONS MODELS pp. 343-358

Vivek Ghosal

DYNAMIC INVESTMENT IN EXTRACTION CAPACITY OF EXHAUSTIBLE RESOURCES pp. 359-373

Hamed Ghoddusi

Volume 57, issue 2, 2010

CONTRACTING OUT, PUBLIC POLICY AND ENTREPRENEURSHIP pp. 119-144

Simon Parker

EXPORT‐MARKET DYNAMICS AND THE PROBABILITY OF FIRM CLOSURE: EVIDENCE FOR THE UNITED KINGDOM pp. 145-168

Richard Harris and Qian Li

GLOBAL OIL PRICES, OIL INDUSTRY AND EQUITY RETURNS: RUSSIAN EXPERIENCE pp. 169-186

Ramaprasad Bhar and Biljana Nikolova

STRATEGIC WITHHOLDING OF FIRM‐SPECIFIC SKILLS IN WAGE BARGAINING pp. 187-211

Ayşe Mumcu

ACCOUNTABILITY AND TRANSPARENCY ABOUT CENTRAL BANK PREFERENCES FOR MODEL ROBUSTNESS pp. 212-237

Meixing Dai and Eleftherios Spyromitros

FISCAL POLICY AND OPTIMAL TAXATION: EVIDENCE FROM A TAX SMOOTHING EXERCISE pp. 238-252

Gerhard Reitschuler

Volume 57, issue 1, 2010

THE (NON)THEORY OF THE KNOWLEDGE FIRM pp. 1-32

Paul Walker

THE TIME‐SERIES PROPERTIES OF UK INFLATION: EVIDENCE FROM AGGREGATE AND DISAGGREGATE DATA pp. 33-47

Joseph Byrne, Alexandros Kontonikas and Alberto Montagnoli

SHEDDING LIGHT ON THE LIGHT BULB PUZZLE: THE ROLE OF ATTITUDES AND PERCEPTIONS IN THE ADOPTION OF ENERGY EFFICIENT LIGHT BULBS pp. 48-67

Corrado Di Maria, Susana Ferreira and Emiliya Lazarova

PUBLIC DEBT AND PUBLIC INVESTMENT IN AN ENDOGENOUS GROWTH MODEL WITH REAL WAGE RIGIDITIES pp. 68-84

Alfred Greiner and Peter Flaschel

UNEMPLOYMENT PERSISTENCE AND THE SUSTAINABILITY OF EXCHANGE RATE PEGS pp. 85-102

Olli Castrén, Tuomas Takalo and Geoffrey Wood

THE COMPLEX RESPONSE OF MONETARY POLICY TO THE EXCHANGE RATE pp. 103-117

Ram Sharan Kharel, Christopher Martin and Costas Milas

Volume 56, issue 5, 2009

THE GENDER PAY GAP UNDER DUOPSONY: JOAN ROBINSON MEETS HAROLD HOTELLING pp. 543-558

Boris Hirsch

ABORTION AND HUMAN CAPITAL ACCUMULATION: A CONTRIBUTION TO THE UNDERSTANDING OF THE GENDER GAP IN EDUCATION pp. 559-579

Leonid Azarnert

ON THE LONG‐TERM EFFECTS OF FISCAL POLICY IN THE UNITED KINGDOM: THE CASE FOR A GOLDEN RULE pp. 580-607

Jerome Creel, Paola Monperrus‐Veroni and Francesco Saraceno

ROBUST ESTIMATIONS OF EQUILIBRIUM EXCHANGE RATES WITHIN THE G20: A PANEL BEER APPROACH pp. 608-633

Agnès Bénassy‐Quéré, Sophie Béreau and Valérie Mignon

CORPORATE GOVERNANCE AND CAPITAL ACCUMULATION: FIRM‐LEVEL EVIDENCE FROM ITALY pp. 634-661

Laura Rondi and Julie Elston

CONFRONTING OBJECTIONS TO PERFORMANCE PAY: THE IMPACT OF INDIVIDUAL AND GAIN‐SHARING INCENTIVES ON JOB SATISFACTION pp. 662-684

Konstantinos Pouliakas and Ioannis Theodossiou

ASYMMETRIC PREFERENCES FOR INTEREST RATE VARIABILITY AND NON‐LINEAR MONETARY POLICY INERTIA pp. 685-704

Anna Florio

Volume 56, issue 4, 2009

INTELLECTUAL PROPERTY, INNOVATION, AND GROWTH: INTRODUCTION TO THE SPECIAL ISSUE pp. 383-389

Guido Cozzi

COMPETITIVE INNOVATION WITH CODIFIED AND TACIT KNOWLEDGE* pp. 390-414

Tetsugen Haruyama

GROWTH AND CYCLES, IN THE MODE OF MARX AND SCHUMPETER pp. 415-442

Michele Boldrin

BUSINESS AND FINANCIAL METHOD PATENTS, INNOVATION, AND POLICY pp. 443-473

Bronwyn Hall

SCIENCE‐BASED R&D IN SCHUMPETERIAN GROWTH pp. 474-491

Guido Cozzi and Silvia Galli

SUSTAINING THE GOOSE THAT LAYS THE GOLDEN EGG: A CONTINUOUS TREATMENT OF TECHNOLOGICAL TRANSFER pp. 492-507

Nelson Sá, Michelle Connolly and Pietro Peretto

INTELLECTUAL PROPERTY MEETS ECONOMIC GEOGRAPHY: GLOBALIZATION, INEQUALITY, AND INNOVATION STRATEGIES pp. 508-542

Luca Spinesi

Volume 56, issue 3, 2009

CORPORATE SOCIAL RESPONSIBILITY INVESTMENT AND SOCIAL OBJECTIVES: AN EXAMINATION ON SOCIAL WELFARE INVESTMENT OF CHINESE STATE OWNED ENTERPRISES pp. 267-295

Hong Bo, Tao Li and Linda A. Toolsema

HEALTHY MINDS IN HEALTHY BODIES: AN INTERNATIONAL COMPARISON OF EDUCATION‐RELATED INEQUALITY IN PHYSICAL HEALTH AMONG OLDER ADULTS pp. 296-320

Hendrik Jürges

DO STOCK MARKETS VALUE EFFICIENCY? pp. 321-331

Kevin Amess and Sourafel Girma

HIGH‐SKILLED MIGRATION AND THE EXERTION OF EFFORT BY THE LOCAL POPULATION pp. 332-352

Gil Epstein, Astrid Kunze and Melanie E. Ward

INTERGENERATIONAL PUBLIC GOODS: TRANSNATIONAL CONSIDERATIONS pp. 353-370

Todd Sandler

TRADITION AND FASHION IN CONSUMER CHOICE: BAGGING THE SCOTTISH MUNROS pp. 371-381

Alex Bentley and Paul Ormerod

Volume 56, issue 2, 2009

TRADE LIBERALIZATION AND THE EXTENSIVE MARGIN pp. 141-166

Purba Mukerji

HOW WELL HAS THE NEW DEAL FOR YOUNG PEOPLE WORKED IN THE UK REGIONS? pp. 167-195

Duncan McVicar and Jan Podivinsky

THE KNOWLEDGE‐CAPITAL MODEL OF FDI: A TIME VARYING COEFFICIENTS APPROACH pp. 196-212

Petr Mariel, Susan Orbe and Carlos Rodriguez

PENSION FUNDING IN A UNIONIZED ECONOMY pp. 213-231

Antonis Adam and Thomas Moutos

OIL PRICE SHOCKS AND STOCK MARKET BOOMS IN AN OIL EXPORTING COUNTRY pp. 232-254

Hilde Bjørnland

REVENUE SHARING IN PROFESSIONAL SPORTS LEAGUES pp. 255-265

Eberhard Feess and Frank Stähler

Volume 56, issue 1, 2009

WHERE NEXT FOR THE UK ECONOMY?1 pp. 1-23

David Blanchflower

UK INFLATION: PERSISTENCE, SEASONALITY AND MONETARY POLICY pp. 24-44

Denise Osborn and Marianne Sensier

THE DYNAMICS OF LABOUR'S INCOME SHARES AND THE WAGE CURVE–PHILLIPS CURVE CONTROVERSY pp. 45-72

Jakob Madsen

MONEY DEMAND STABILITY AND INFLATION PREDICTION IN THE FOUR LARGEST EMU COUNTRIES pp. 73-93

Kai Carstensen, Jan Hagen, Oliver Hossfeld and Abelardo Salazar Neaves

ELECTORAL MOTIVES, PARTISAN MOTIVES AND DYNAMIC OPTIMALITY WITH MANY TAXES: AN INTERNATIONAL INVESTIGATION pp. 94-113

Dimitris Christopoulos, John (Ioannis) Loizides and Mike Tsionas

WAGE DIFFERENTIALS, DISCRIMINATION AND INEQUALITY: A CAUTIONARY NOTE ON THE JUHN, MURPHY AND PIERCE DECOMPOSITION METHOD pp. 114-122

Myeong-Su Yun

WORKERS' ENTERPRISES AND THE TASTE FOR PRODUCTION: THE ARTS, SPORT AND OTHER CASES pp. 123-137

Tiziana Cuccia and Roberto Cellini