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 53, issue 4, 1971

Aggregate Production Functions and the Explanation of Wages: A Simulation Experiment pp. 305-25

Franklin M Fisher

An Alternative Econometric Approach to the Permanent Income Hypothesis: An International Comparison pp. 326-34

Balvir Singh and Helmar Drost

A Study of Some Aspects of Temporal Aggregation Problems in Econometric Analyses pp. 335-42

Arnold Zellner and Claude Montmarquette

Foreign Competition and Domestic Industry Profitability pp. 343-53

Louis Esposito and Frances Ferguson Esposito

Exports of Developing Countries in the 1960's pp. 354-61

Benjamin I Cohen and Daniel G Sisler

The St. Louis Equation: 'Democratic' and 'Republican' Versions and Other Experiments pp. 362-67

William L Silber

Tobin vs Keynes on Liquidity Preference pp. 368-71

R L Crouch

Best Linear Unbiased Interpolation, Distribution, and Extrapolation of Time Series by Related Series pp. 372-75

Gregory Chow and An-loh Lin

Human Capital and Inter-Industry Wages in Manufacturing pp. 376-80

C T Haworth and David Rasmussen

Econometric Simulation Difficulties: An Illustration pp. 381-84

Benjamin M Friedman

Optimal Municipal Cash Management: A Case Study pp. 384-88

Rita M Maldonado and Lawrence S Ritter

The Schumpeterian Stationary State Revisited pp. 389-91

J K Whitaker

Paradoxes of Schumpeter's Zero Interest Rate pp. 391-92

Paul Samuelson

Supply Constraints and Short-Term Employment Functions: A Comment pp. 393-97

Barry Hughes

Advertising and Profitability pp. 397-407

Roger Sherman and Robert Tollison

On Advertising and Profitability pp. 408-10

William S Comanor and Thomas A Wilson

The Demand for Housing: A Comment pp. 410-13

Sherman J Maisel, James B Burnham and John S Austin

A Note on the Haavelmo Hypothesis pp. 413-14

Naseem Ahmad

Air Pollution and Property Values: A Methodological Comment pp. 415-16

Freeman, A Myrick,

Volume 53, issue 3, 1971

Efficient Estimation of Simultaneous Equations by Instrumental Variables pp. 207-24

James M Brundy and Dale Jorgenson

When Can Price Be Arbitraged Efficiently? A Limit to the Validity of the Random Walk and Martingale Models pp. 225-36

Benoît Mandelbrot

A Multilateral Model of Trade-Balancing Tariff Concessions pp. 237-44

Robert Baldwin and Gerald M Lage

The Labor Market for Registered Nurses: A Three-Equation Model pp. 246-52

Lee Benham

Family Equivalence Scales and Personal Income Tax Exemptions for Children pp. 253-62

Joseph J Seneca and Michael K Taussig

Class Discrimination vs. Racial Discrimination pp. 263-69

Brad Schiller

Sales Stabilization Through Export Diversification pp. 270-77

Seev Hirsch and Baruch Lev

Labor Supply and Income Redistribution pp. 278-82

Sherwin Rosen and Finis Welch

Sectorial Labor Migration and Sustained Industrialization in the Japanese Development Experience pp. 283-57

Frank Zahn

A Production Model with Two Labor Inputs: A Comment pp. 288-89

Joseph Brunet-Jailly and Jean-Jacques Silvestre

Marginal Concentration Ratios as Market Structure Variables pp. 289-93

Richard A Miller

Investment Behavior by American Railroads, 1897-1914: A Comment pp. 294-98

W Douglas Morgan

Investment Behavior by American Railroads, 1897-1914: A Reply pp. 299-300

Larry Neal

Some Sensitivity Tests for a 'Constant-Market-Shares' Analysis of Export Growth pp. 300-04

J David Richardson

Volume 53, issue 2, 1971

An Econometric Study of Cotton Production and Trade, 1830-1860 pp. 111-20

Gavin Wright

A Cross-Section Model of Economic Growth pp. 121-28

Paul M Sommers and Daniel B Suits

Price Responsiveness of Factor Utilization in Swedish Manufacturing, 1870-1950 pp. 129-39

Richard W Parks

Estimation of Large Econometric Models by Principal Component and Instrumental Variable Methods pp. 140-46

Bridger M Mitchell

Effects of Protection in a General Equilibrium Framework pp. 147-56

H David Evans

Rural-Urban Migration in Colombia pp. 157-63

T. Schultz

Labor Force Participation, Wage Rates, and Money Illusion pp. 164-68

Ray Fair

Growth, Induced Changes in Final Demand, Educational Requirements, and Wage Differentials pp. 169-75

M Hershkowitz and Zvi Sussman

Level of Economic Development and Capital-Labor Ratios in Manufacturing pp. 176-78

R Hal Mason and Il Sakong

The Substitution of Capital for Capital pp. 179-88

Raford Boddy and Michael Gort

Changes in Wage Rates between 1959 and 1967 pp. 189-99

Michael Hurd

Elasticities of Demand for U.S. Exports: A Comment pp. 201-03

Michael C Deppler

Linear Regression with Non-Normal Error Terms: A Comment pp. 204-05

Christopher Sims

Volume 53, issue 1, 1971

The Demand for Housing: A Review of Cross-Section Evidence pp. 1-10

Frank de Leeuw

An Interindustry Study of Price Formation pp. 11-25

Mitsuo Saito

Equipment Expenditures by Input-Output Industries pp. 26-36

Thomas H Mayor

Inflation and Income Distribution in the United States pp. 37-48

Andrew F Brimmer

The Other Half of Gross Investment: Replacement and Modernization Expenditures pp. 49-58

Martin Feldstein and David Foot

Programming for Argentine Agricultural Price Policy Analysis pp. 59-66

Martin E Pineiro and Alex F McCalla

Prices and the Guideposts: The Effects of Government Persuasion on Individual Prices pp. 67-75

Arthur J Alexander

A Nonlinear Consumption Function Estimated from Time-Series and Cross-Section Data pp. 76-79

Ralph D Husby

Maximum Likelihood Estimation of Solow's and Jorgenson's Distributed Lag Models pp. 80-88

G S Maddala and A S Rao

Why Have Interest Rates Risen? pp. 89-100

Gail Pierson

Regional Specialization and the Supply of Wheat in the United States, 1867-1914: A Comment pp. 101-02

Robert Higgs

Regional Specialization and the Supply of Wheat in the United States 1867-1914: A Reply pp. 102-03

Franklin M Fisher and Peter Temin

Unemployment, Excess Capacity, and Benefit-Cost Investment Criteria: A Comment pp. 103-05

Shankar N Acharya

Cyclical Behavior of Help-Wanted Index and the Unemployment Rate: A Reply pp. 105-06

Susan W Burch and Ruth A Fabricant

Unemployment, Excess Capacity, and Benefit-Cost Investment Criteria: A Reply pp. 105

Robert Haveman and John V Krutilla

Further Results on the Empirical Relevance of the CES Production Function pp. 106-10

Paul Zarembka and Helen B Chernicoff