Volume InformationSource: The Canadian Journal of Economics / Revue canadienne d'Economique, Vol. 6, No. 4(Nov., 1973)Published by: Wiley on behalf of the Canadian Economics AssociationStable URL: http://www.jstor.org/stable/134083 .

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Published quarterly for the Canadian Economics Association by UNIVERSITY OF

TORONTO PRESS

The Canadian Journal of Economics

Revue canadienne d'Economique

Revue trimestrielle publiee pour L'Association canadienne d'Economique par UNIVERSITY OF TORONTO PRESS

Canadian Economics Association/Association canadienne d'Econornique 1973. All rights reserved.

VOLUME / TOME VI

FEBRUARY TO NOVEMBER / FEVRIER A NOVEMBRE

1973

BOARD OF EDITORS / COMITE DE REDACTION

Managing Editors / Directeurs: B. BONIN, Ecole des Hautes Etudes Commerciales; G. ROSENBLUTH, University of British Colui-rbia

Review Editors / Responsables des comptes rendus: J. JOHNSON, McMaster University; MARCEL DAGENAIS, Universite de Montreal

Members of the Board / Membres du Conseil: R. A. HOLMES, A. KRUGER, A. L. LEVINE,

T. I. MATUSZEWSKI, L. H. OFFICER, T. K. RYMES, G. C. ARCHIBALD, C. GERMAIN, S. OSTRY,

F. ROSEMAN, R. TREMBLAY, R. G. LIPSEY, A. M. C. WATERMAN, B. WILKINSON, G. BELANGER,

G. W. BERTRAM, D. WINCH

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INDEX

Articles

ASIMAKOPULOS, A. Keynes, Patinkin, Historical Time, and Equilibrium Analysis 179 AVIO, KENNETH L. An Economic Analysis of Criminal Corrections: The Canadian Case 164 BARBER, CLARENCE L. Presidential Address: A Sense of Proportion 467 BERTRAM, GORDON w. The Relevance of the Wheat Boom in Canadian Economic Growth

545 BRONSARD, CAMILLE et ROBERT LACROIX. L'Equilibre du consommateur et economie mone-

taire 332 CAMERON, NOIRMAN. Incentives and Labour Supply in Co-operative Enterprises 16 CLINTON, KEVIN. The Demand for Money in Canada, 1955--70: Some Single Equation Esti-

mates and Stability Tests 53 COMMON, MICHAEL and DAVID PEARCE. Adaptive Mechanisms, Growth, and the Environ-

ment: The Case of Natural Resources 289 COURCHENE, THOMAS j. and DAVID A. B3EAVIS. Federal-Provincial Tax Equalization: An

Evaluation 483 CREAN, JOHN F. Forgone Earnings and the Demand for Education: Some Empirical Evidence

23 DAGENAIS, MARCEL G. Un modele annuel de prevision pour l'economie du Qu6bec 62 DAUB, MERVIN. On the Accuracy of Canadian Short-term Economic Forecasts 90 DOBSON, STEVEN W. The Term Structure of Interest Rates and the Matuirity Composition of

the Government Debt: The Canadian Case 319 EVANS, R. G., E. M. A. PARISH and FLOYI) SULLY. Medical Productivity, Scale Effects, and

Demand Generation 376 FLAKIERSKI, H. The Polish Economic Reform of 1970 1 FRIED, JOEL. Inflation-iinemployment Tradeoffs under Fixed and Floating Exchange Rates

43 GODFREY, L. G. A Note on the Treatment of Serial Correlation 567 HIODGINS, CYRIL D. See TANNER, J. ERNEST.

JONES, J. C. H., L. LAUDADIO, and M. PERCY. Market Structure and Profitability in Canadian Manufacturing Industry: Some Cross-Section Results 356

KALISKI, S. F. and D. C. SMITH1. Inflation, Unemployment and Incomes Policy 574 KRAINER, IROBElRT E. Economic Structure and the Assignment Problem: A Contribution to

the Theory of Macro-Economic Policy for Net Creditor Countries 239 LERMEI, GEORGE. Evidence from Trade Data Regarding the Rationalizing of Canadian

Induistry 248 NMCCULLOCH, RACHEI. When are a Tarifl and a Quota Equivalent? 503 arc DOIJGALL, DUNCAN M. The Domestic Availability of Manufactured Commodity Output,

Canada, 1870-1915 189 MC FETRIDGE, DONALD G. Market Structure and Price-Cost Margins: An Analysis of the

Canadian Manufacturing Sector 344 MC GUIRE, MARTIN. Notes on Grants-in-Aid and Economic Interaction among Governments

207 MOORE, 13ASIL J. Some Macroeconomic Conse(quences of Corporate Equities 529 ROSE-ACKERMAN, SUSAN. Effluent Charges: A Critique 512 SCARTH, WILLIAM M. The Financing of Stabilization Policies: Evidence for the Canadian

Economy 301 SPENCER, BYRON G. Determinants of the Labour Force Participation of Married Women: A

Micro-Study of Toronto Households 222 TANNER, J. ERNEST aTid CYRIL D. HODGINS. Forecasting Norn-residential B3uilding Construction

79 TARASCIO, VINCENT J. Vilfredo Pareto: On the Occasion of the Translation of his Manuel

394 WARNE, I1OBERT D. Factor Intensity and the Heckscher-Ohlin Theorem in a Three-Factor,

Three-Good Model 369 WINCH, DAVID Mi. The Pure Theory of Non-Pure Goods 149

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Notes

BEARE, JOHN B. Wage and Price Change Relationships in Post-War Canada 260 BERTRAND, TRENT J. Optimal Tariff Policy Designed for Governmental Gain 257 BHATIA, KUL. See FRANKENA, MARK.

BRADLEY, MICHAEL E. Incentives and Labour Supply on Soviet Collective Farms: Reply 438 CAMERON, NORMAN. Incentives and Labour Supply on Soviet Collective Farms: Rejoinder

442 CDARTER, R. A. L. Least Squares as an Exploratory Estimator 108 EATON, B. C. Comment on "Duopoly and Space" 124 FRANKENA, MARK and KUL BHATIA. Canadian Contributions to Economics Journals, 1968-72

121 HARTWICK, JOHN M. and PHILIP G. HIARTWICK. Reply to Comment by B. C. Eaton 127 HARTWICK, PHILIP G. See HARTWICK, JOHN M.

KERTON, ROBERT R. Price Effects of Market Power in the Canadian Newspaper Industry 602 KREININ, MORDECHAI. A Further Note on the Export Elasticity of Substitution 606 LEMELIN, CLEMENT. Canadian Contributions to Economics Journals, 1968-1972: Un Con-

mentaire 598 LYBECK, JOHAN A. The Monetary Sector of RDX2: A Note of some Puzzling Features 595 MERCER, LLOYD j. Rates of Return and Government Subsidization of the Canadian Pacific

Railway: An Alternate View 428 MUJAHID, G, B. s. The Measurement of Disguiised Unemployment: A Comment 128 REID, FRANK J. Mundell on Growth and the Balance of Payments: A Note 592 SHAPIRO, DAVID. Economy of Scale as a Cost Factor in the Operation of School Districts in

Alberta 114 TSURUMI, HIROKI. A Survey of Recent Canadian Macro-Econometric Models 409 WATERS, W. G., II, and D. G. HIILDEBRAND. Road Costs and Government Revenues from Heavy

Vehicles in Canada 608

Reviews of Books/Comptes rendus

ACHESON, A. L. K., J. F. CHANT and M. F. J. PRACHOWNY, eds. Bretton Woods Revisited. By H. H. F. Binhamme- 459

ADELL, B. L. and D. D. CARTER Collective Bargaining for University Faculty in Canada: A Study Commissioned by the Association of Universities and Colleges of Canada. By F. Isbester 145

ANDERSEN, PETER R. See OFFICER, LAWRENCE H.

BELANGER, GERARD. See MIGUE, JEAN-LUC.

BINHAMMER, H. H. Money, Banking and the Canadian Financial System. By M. L. Kliman 266

BIRD, IUCHARD M. and JOHN G. HEAD, eds. Modern Fiscal Issues: Essays in Honor of Carl S. Shoup. By Peter Mieszkowski 632

BLACK, R. D. COLLISON, A. W. COATS, and CRAUFURD D. W. GOODWIN, eds. The Marginal Revo- lution in Economics. By H. K. Betz 630

BOND, D. E. and R. A. SHEARER. The Economics of the Canadian Financial System: Theory, Policy and Institutions. By M. L. Kliman 266

BOURNE, L. S. and R. D. MACKINNON, eds. Urban Systems Development in Central Canada: Selected Papers. By Douglas McCready 282

BRONSARD, CAMILLE. Dualite micro-economique et the'orie du second best. Par Jean- Jacques Laffont 131

BURKHEAD, JESSE and JERRY MINER. Public Expenditure. By J. A. Johnson 633 CARR, JACK, FRANK MATHEWSON, and JOHN C. MC MANTJS. Cents and Non$ense: The Eco-

nomics of Canadian Policy Issues. By Edwin H. Neave 270 CARTER, D. D. See ADELL, B. L.

CHANT, J. F. See ACHESON, A. L. K.

CLAASSEN, EMIL and PASCAL SALIN, eds. Stabilization Policies in Interdependent Economies. By William M. Scarth 454

COATS, A. W. See BLACK, R. D. COLLISON

COURBIS, RAYMOND, GEORGES FOURCADE, and HENRI GUILLAUME. Etudes de calcul econo- mique. By Michel Andrieu 447

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CROCKER, THOMAS D. and A. J. ROGERS III. Environmental Economics. By Delbert C. Ogden 133

CROWN, ROBERT H. and EARL 0. HEADY. Policy Integration in Canadian Agriculture. By W. Mackenzie 451

DAVIS, LANCE E. and DOUGLAS C. NORTH. American Economic Growth and Institutional Change. By Michael David Bordo 135

DI MARCO, LOUIS EUGENIO, ed. International Economics and Development: Essay in Honor of Raul Prebisch. By Edward English 621

DOLAN, EDWIN G. Tanstaafl. The Economic Strategy for Environmental Crisis. 'There ain't no such thing as a free lunch. By Delbert C. Ogden 133

DRUMMOND, IAN M. British Economic Policy and the Emrpire 1919-1939. By Kevin H. Burley 278

EVANS, H. DAVID. A General Equilibrium Analysis of Protection: The Effects of Protection in Australia. By K. Marwah 624

FINLAY, JOHN L. Social Credit: The English Origins. By Robin Neill 463 FIRESTONE, O. j., ed. Economic Growth Reassessed. By Leonard P. Fletcher 637 FOURCADE, GEORGES. See COURBIS, RAYMONI).

GILMOUR, JAMES M. Spatial Evolution of Manufacturing: Southern Ontario 1851-1891. By W. Robeidt Needham 445

GOODWIN, CRAUFURD D. W. See BLACK, R. D. COLLISON.

GREEN, H. A. JOHN. Consumer Theory. By A. Leslie Robb 636 GUILLAUME, HENRI. See COURBIS, RAYMOND.

HARCOURT, G. C. Some Cambridge Controversies in the Theory of Capital. By Philip A. Neher 460

HEAD, JOHN G. See BIRD, RICHARD M.

HEADY, EARL O. See CROWN, ROBERT H.

HENRY, JACQUES. See PESTIEAU, CAROLINE.

JOHANSEN, LEIF. Production Functions. By M. Denny 138 LECAILLON, JACQUES. See MARCHALL, JEAN.

MACKINNON, R. D. See BOURNE, L. S.

MARCHALL, JEAN et JACQUES LECAILLON. Analyse monetaire. Par Alban d'Amours 130 MATHEWSON, FRANK. See CARR, JACK.

MC MANUS, JOHN C. See CARR, JACK.

MIGUE, JEAN-LUC et GERARD BELANGE'. Le prix de la sante. By Jean-Yves Rivard 273 MILLS, EDWIN S. Studies in the Structure of the Urban Economy. By Stuart Mestelman

283 MINER, JERRY. See BURKHEAD, JESSE.

NEILL, ROBIN. A New Theory of Value: The Canadian Economics of H. A. Innis. By R. E. Olley 628

NICHOLSON, MICHAEL. Oligopoly and Conflict: A Dynamic Approach. By George Lermer 639

NORTH, DOUGLAS C. See DAVIS, LANCE E.

OFFICER, LAWRENCE H., PETER R. ANDERSEN, and DAVID A. WILTON. Supply Relationships in the Canadian Economy. By Donald G. McFetridge 449

PALYI, MELCHIOR. The Twilight of Gold, 1914-1936. By Roger Dehem 464 PAPANDREOU, ANDREAS G. Paternalistic Calpitalism. By Ivo Moravcik 141 PESTIEAU, CAROLINE and JACQUES HENRY. Non-Tariff Trade Barriers As A Problem in Inter-

national Development. By Ralph Kolinski 623 POSTNER, HARRY H. An Analysis of Canadian Manufacturing Productivity: Some Preliminary

Results. By J. C. R. Rowley 271 PRACHOWNY, M. F. J. See ACHESON, A. L. K.

RANIS, GUSTAF, ed. The Gap Between Rich and Poor Nations. By Robert F. Kerton 142 RAO, R. v., ed. Bangla Desh [Bangladesh] Economy: Problems anxd Prospects. By Naseem

Ahmad 277 ROGERS III, A. J. See CROCKER, THOMAS D.

SALIN, PASCAL. See CLAASSEN, EMIL.

SALVAS-BRONSARD, LISE. Les techniques quantitatives de la politique e'conomique. Par Pavel Pelikan 626

SEARS, JOHN T. Institutional Financing of Small Busitnesses in Nova Scotia. By Joseph Kushner 134

SHEARER, R. A. See BOND, D. E.

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SISMONDI, J.-C.-L., Edite par H. O. PAPPE. Statistique du Departement du L'man. By Claude Raffertin 280

TUJMA, ELIAS H. European Economic Historiy. By Jean-Guy Latulippe 278 WAI, U TUN. Financial Intermediaries and National Savings'in Developing Countries. By

Rodrigue Tremblay 457 WAVERMAN, LEONARD. Natural Gas and National Policy. By John R. Baldwin 453 WILCZYNSKI, J. Socialist Economic Development and Reforms: From Extensive to Intensive

Growth Under Central Planning in the USSR, Eastern Europe and Yugoslavia. By Zbig- niew M. Fallenbuchl 275

WILTON, DAVID A. See OFFICER, LAWRENCE H.

WONNACOTT, PAUL. The Floating Canadian Dollar: Exchange Flexibility and Monetary Independence. By Alan M. Rugman 140

YOO, TAE HO. La structure e'conomique des Cantons de l'Est, By R. Jouandet-Bernadat 462

Miscellaneous/Divers

News of the Association/Chronique de L'Association 613 Notices/Avis 147, 287, 465, 641

Reviewers/Critiques

Ahmad, Naseem 277 d'Amours, Alban 130 Andrieu, Michel 447 Baldwin, John R. 453 Betz, H. K. 630 Binhammer, H. H. F. 459 Bordo, Michael David 135 Burley, Kevin H. 278 Dehem, Roger 464 Denny, M. 138 English, H. Edward 621 Fallenbuchl, Zbigniew M. 275 Fletcher, Leonard P. 637 Isbester, F. 145 Johnson, J. A. 633 Jouandet-Bernadat, R. 462 Kerton, Robert R. 142 Klimnan, M. L. 266 Kolinski, Ralph 623 Kushner, Joseph 134 Laffont, Jean-Jacques 131 Latulippe, Jean-Guy 278

Lermer, George 639 Mackenzie, W. 451 Marwah, K. 624 McCready, Douglas 282 McFetridge, Donald G. 449 Mestelman, Stuart 283 Mieszkowski, Peter 632 Moravcik, Ivo 141 Neave, Edwin H. 270 Needham, Robert 445 Neher, Philip A. 460 Neill, Robin 463 Ogden, Delbert C. 133 Olley, R. E. 628 Pelikan, Pavel 626 Raffertin, Claude 280 Rivard, Jean-Yves 273 Robb, A. Leslie 636 Rowley, J. C. R. 271 Rugman, Alan M. 140 Scarth, William M. 455 Tremblay, Rodrigue 457

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