The Review of Economics and Statistics

1969 - 2025

Current editor(s): Pierre Azoulay, Olivier Coibion, Will Dobbie, Raymond Fisman, Benjamin R. Handel, Brian A. Jacob, Kareen Rozen, Xiaoxia Shi, Tavneet Suri and Yi Xu

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Volume 57, issue 4, 1975

Publicly Owned Versus Privately Owned Utilities: A Policy Choice pp. 391-99

Robert A Meyer

Life-Cycle Effects on Corporate Returns on Retentions pp. 400-409

Henry G Grabowski and Dennis Mueller

Determinants of the Firm's Capital Structure pp. 410-16

Allan J Taub

Advertising and Competitive Behaviour of Selected Australian Firms pp. 417-27

M M Metwally

Technological Diffusion in the Canadian Tool and Die Industry pp. 428-34

Steven Globerman

On the Prospects for American Trade Union Growth: A Cross-Section Analysis pp. 435-45

William J Moore and Robert Newman

The Effect of School Desegregation on Housing Prices pp. 446-51

Charles Clotfelter

Education and the Managerial Efficiency of Farmers pp. 452-61

George Fane

Male-Female Wage Differentials and the Impact of Equal Pay Legislation pp. 462-69

Morley Gunderson

Development and Trade Dependence: The Case of Puerto Rico, 1948-1963 pp. 470-77

Richard Weisskoff and Edward Wolff

An Analysis of United Kingdom Inflows and Outflows of Direct Foreign Investment pp. 478-86

B D Boatwright and G A Renton

Factor Proportions, Linkages and the Open Developing Economy pp. 487-94

James Riedel

A Taste-Dependent True Index of the Cost of Living pp. 495-501

Louis Phlips and Ricardo Sanz-Ferrer

An Analysis of the Private and Commercial Demand for Gasoline pp. 502-07

J B Ramsey, Robert Rasche and Bruce T Allen

The Demand for Space Heating Energy pp. 508-12

Jon Nelson

Estimating Permanent Income from Observed Income and Consumption: Almost-Satisfactory Estimators pp. 513-16

Philip Musgrove

The Balanced-Unbalanced Growth Controversy Revisited pp. 516-17

Pan A Yotopoulos and Lawrence J Lau

Labor Force Participation in Goods and Services: 1958-1971 pp. 518-22

Sanford Berg and Thomas R Dalton

Volume 57, issue 3, 1975

Technology, Prices, and the Derived Demand for Energy pp. 259-68

Ernst R Berndt and David O Wood

Determinants of Household Migration: A Comparative Study by Race and Poverty Level pp. 269-74

Richard L Kaluzny

Application of a Threshold Regression Model to Household Purchases of Automobiles pp. 275-85

Marcel G Dagenais

On the Specification and Simulation of a Regional Econometric Model: A Model of Mississippi pp. 286-98

F. Gerard Adams, Carl G Brooking and Norman J Glickman

How Reliable is Partial Equilibrium Analysis? pp. 299-310

John Whalley

Interindustry and Interfirm Differences in the Rate of Diffusion of an Innovation pp. 311-19

Anthony A Romeo

Cross Country Demand and Savings Patterns: An Application of the Extended Linear Expenditure System pp. 320-28

Constantino Lluch and Ross Williams

Differential Net Migration Rates and the Quality of Life pp. 329-37

Ben-chieh Liu

A Solution to Optimal Control of Linear Systems with Unknown Parameters pp. 338-45

Gregory Chow

The Influence of the Quantity and Quality of Education on Black-White Earnings Differentials: Some New Evidence pp. 346-50

Charles Link and Edward C Ratledge

Demand and Supply Functions for Stocks of Eurodollar Deposits: An Empirical Study: Comment pp. 350-53

Ann-Marie Meulendyke

Demand and Supply Functions for Stocks of Eurodollar Deposits: Reply pp. 353-56

John Makin

Estimates of Effective Rates of Protection for United States Industries in 1967: A Comment pp. 356-57

Gary P Sampson

Cyclical and Secular Income Elasticities of the Demand for Imports pp. 357-61

Mohsin Khan and Knud Z Ross

Development Patterns and Regional Imbalance in Brazil pp. 361-64

Kenneth Jameson

Multicollinearity in Regression Analysis pp. 365-66

Krishna Kumar

The Detection of Multicollinearity: A Comment pp. 366-68

C Robert Wichers

Tests for the Severity of Multicollinearity in Regression Analysis: A Comment pp. 368-70

John O'Hagan and Brendan McCabe

An Econometric Model of the U.S. Pork Economy pp. 370-75

Dale Heien

Various Definitions of Direct and Indirect Requirements in Input-Output Analysis pp. 375-77

Ashok Parikh

The Power of the Durbin-Watson and Geary Tests: Comment and Further Evidence pp. 377-79

M J Harrison

Some Further Evidence on the Power of the Durbin-Watson and Geary Tests pp. 379-82

Peter Schmidt and David K Guilkey

Double Deflation and the Value Added Product: Comment pp. 382-83

Bent Hansen

Small Sample Tests for Serial Correlation in Models Containing Lagged Dependent Variables pp. 383-86

James L Kenkel

The Small Sample Effects of Various Treatments of Truncation Remainders in the Estimation of Distributed Lag Models pp. 387-89

Peter Schmidt

Volume 57, issue 2, 1975

The Impact of Buyer Concentration in Manufacturing Industries pp. 125-32

Steven H Lustgarten

Scale Economies in Statistical Analyses of Market Power pp. 133-40

Richard E Caves, J Khalilzadeh-Shirazi and M E Porter

The Stock of Consumer Durables, Inflation, and Personal Saving Decisions pp. 141-54

Susan W Burch and Diane Werneke

The Age-Wealth Relationship: A Cross-Section and Cohort Analysis pp. 155-63

A F Shorrocks

Financial Conditions and the Time Path of Equipment Expenditures pp. 164-70

Roy Gardner and Russell Sheldon

Legal "Cobwebs": A Recursive Model of the Market for New Lawyers pp. 171-79

Richard Freeman

Windfalls and Consumption under a Borrowing Constraint pp. 180-84

Clark Wiseman

Economies of Scale in the Administration of Health Insurance pp. 185-89

Roger D Blair, Jerry R Jackson and Ronald J Vogel

The Expectations Hypothesis and the Efficiency of the Treasury Bill Market pp. 190-99

Michael J Hamburger and Elliott N Platt

Distortions in the Factor Market: An Empirical Investigation pp. 200-213

Gunnar Floystad

The Linearity Property in the Consumption Function: Estimation, Tests and Some Related Results pp. 214-20

Che S Tsao

The Structure and Behavior of Imports of Venezuela pp. 221-24

Mohsin Khan

The Use of Operational Time to Correct for Sampling Interval Mis-specification pp. 225-30

Peter Clark

A Closer Look at the Implications of the Stable Paretian Hypotheses pp. 231-35

Edwin J Elton, Martin J Gruber and Paul R Kleindorfer

The Impact of Welfare Benefit Levels and Tax Rates on the Labor Supply of Poor Women: Note pp. 236-38

Jack A Meyer

Deposit Variability and Commercial Bank Cash Holdings: Note pp. 238-41

James Barth and James T Bennett

Real Money Balances: An Omitted Variable from the Production Function? A Comment pp. 241-43

Alberto Niccoli

Real Money Balances as a Variable in the Production Function: A Comment pp. 243-44

Zmira Prais

Real Money Balances as a Factor of Production: A Comment pp. 244-46

Mohsin Khan and Pentti J K Kouri

Money in the Production Function: An Interpretation of Empirical Results pp. 246-47

Uri Ben-Zion and Vernon Ruttan

Real Money Balances: An Omitted Variable from the Production Function? A Reply pp. 247-52

Allen Sinai and Houston Stokes

Interest Rate Seasonality and the Specification of Money Demand Functions: A Note pp. 252-55

Raymond E Lombra and Herbert M Kaufman

A Modified Logit Model: A Note pp. 255-57

Takeshi Amemiya and Frederick C Nold

Volume 57, issue 1, 1975

Seymour E. Harris, Editor of this Review pp. i

Otto Eckstein

Seymour Harris as Political Economist pp. ii-v

Paul Samuelson

Seymour Edwin Harris pp. vi-vii

John Kenneth Galbraith

Taxation of Income of Multinational Corporations: The Case of the United States Petroleum Industry pp. 1-11

Glenn Jenkins and Brian Wright

Residential Demand for Electric Energy pp. 12-18

Robert Halvorsen

Income and Urban Home Ownership pp. 19-26

Raymond J Struyk and Sue A Marshall

The Pioneering Stage in Input-Output Economics: The Soviet National Economic Balance 1923-24, after Fifty Years pp. 27-34

Nicolas Spulber and Kamran Moayed-Dadkhah

An Analysis of Changes in the Distribution of Employment between the Manufacturing and Service Industries 1960-1970 pp. 35-42

B D Haig

The Impact of Poor Health on Earnings pp. 43-57

Harold S Luft

The Distributed Impact of Price-Level Variation of Floating Exchange Rates pp. 58-64

John S Hodgson and Patricia Phelps

Dividend Policy: Informational Content or Partial Adjustment? pp. 65-70

James S Ang

The Positive Effect of Population Growth on Agricultural Saving in Irrigation Systems pp. 71-79

Julian L Simon

Seasonal Variation in Interest Rates pp. 80-83

James Barth and James T Bennett

The Effect of Averaging Components on the Predictability of the Index of Consumer Sentiment pp. 84-91

R William Thomas

An Alternative Econometric Approach to the Permanent Income Hypothesis, an International Comparison: Some Comments pp. 92-94

Yngve Willassen

Maximum Likelihood Estimation of the Friedman Consumption Function pp. 94-100

Balvir Singh

The Air Pollution and Property Value Debate pp. 100-104

A. Mitchell Polinsky and Steven Shavell

Air Pollution and Property Values: Further Comment pp. 105-07

Kenneth Small

On the Selective Use of Spectral Analysis pp. 107-09

John Percival

The Change in the U.S. Import Demand Function from the 1950's to the 1960's pp. 109-11

James Joy and J D Stolen

The Measurement of Firm Size: Theory and Evidence for the United States and the United Kingdom pp. 111-14

David J Smyth, William J Boyes and Dennis E Peseau

An Employment Pressure Index as an Alternative Measure of Labor Market Conditions pp. 115-21

William E Cullison

A Model of Federal Home Loan Bank System and Federal National Mortgage Association Behavior-A Comment pp. 121-23

Thomas F Morrissey