Issue 4

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June 1982
Articles: 

The Development of First-Class Cricket in England: An Economic Analysis

 Economists have given some attention to cricket in recent years, as they have to other professional sports, without focussing in detail on the history of the game (PEP [26], Sloane [33], [34], W

Excessive Advertising: An Empirical Analysis

 Advertising can be used by a firm to provide consumers with information about its products.

Intangible Capital Aspects of Advertising and R & D Expenditures

 Twenty years have passed since economists first emphasized the "intangible capital" aspects of advertising. According to this view, ". . .

Capacity-Neutral Investments and Capacity Measurement in Manufacturing

 A problem with conventional output measures is that they do not capture such "outputs" as cleaner air, cleaner water, and a more accident-free work environment, which result from the installatio

Monopoly Power and the Recycling of Raw Materials

 Due to increased interest in resource conservation, the recycling of raw ma terials has grown in significance in most industrialized economies.

Diffusion of the Basic Oxygen Furnace in the U. S. Steel Industry

 For the U.S. steel industry, the 1970s were a difficult decade.

The Demand for Alcohol in the UK: A Comment

 In a recent article appearing in this Journal, McGuinness [3] explores the effects of income, prices, advertising and availability on the consumption of alcohol in the UK.

The Demand for Alcohol in the UK: Reply

 Professor Walsh makes an overwhelming case for separately analysing sub sections of the beverage alcohol market.