Journal of Economic Studies: Volume 11 Issue 1

Energy Policy in a Price‐Regulated Developing Economy: A Study of Egypt

David Pearce, Ronald Edwards

As with many other developing economies, Egypt pursues a policy of keeping domestic energy prices below border prices. This entails both financial subsidies to energy producers…

Models of Interfuel Substitution in the UK

Richard Westoby

The pattern of fuel demand in two sectors of the UK economy is modelled by means of translog cost functions. The models specified in this study are designed to capture the effects…

Residential Energy Demand: A Case Study of Pakistan

Mahmood Iqbal

A model for household demand for energy in Pakistan is developed on the basis of stock of fuel‐consuming appliances and their rate of utilisation. Income and price elasticities of…

Demand Uncertainty, Risk Aversion and the Labour‐Managed Firm

Leonard F.S. Wang, David Bowles

This article examines the behaviour of a labour‐managed firm operating in a world in which the output price is uncertain, but it varies betwen a price floor and a price ceiling…

Review Article: Development Economics

Tony Killick

Here is a “critical survey of development economics” by an author who has himself made major contributions to that body of literature and who had a strong influence on the way it…