Journal of Economic Studies: Volume 5 Issue 2

CUSTOMS UNION AND THE ESTIMATION OF THE IMPORT LEAKAGE EFFECT

M.Y. ZAKI

The purpose of this paper is to present estimates of the maximum potential import leakage effect (decrease in the multipliers) as a result of the U.K.'s joining the E.E.C. The…

ILLUSTRATIONS OF SOME PROPOSITIONS ON PRODUCER TAXATION

ALISTAIR ULPH, BEN SMITH

This paper uses simple examples and diagrams to illustrate some of the more important propositions relating to producer taxation which have emerged from the literature on optimal…

THE USE OF THE MEASURES OF ECONOMIC SURPLUS IN COST‐BENEFIT ANALYSIS

A.R. PLATTS

In cost‐benefit analysis the test that is most commonly adopted in order to apply the compensation principle is the Kaldor‐Hicks test, which is also referred to as the strong…