Economics - CiteSeerX

FINANCE, MONEY & BANKING

INNOVATION & TECHNOLOGY

MICROECONOMICS & INDUSTRIAL ORGANISATION

ECONOMIC DEVELOPMENT

LAW & ECONOMICS

HETERODOX ECONOMICS

ECONOMIC GEOGRAPHY

Economics

Edward Elgar Publishing • www.e-elgar.com

2013 NEw titlEs • sElEctEd backlist • Ebooks

Textbooks ...................................1

Asian Studies............................35Austrian Economics & Public Choice ...................................41Economic Development............27Economic Geography ...............28Economics of Education ...........21Economics of International Trade .....................................22Economics of Sport, Culture & Tourism ...............................15Energy ......................................19European Economics ...............34Evolutionary & Institutional Economics .............................42Finance, Money & Banking.........4Fiscal Policy, Public Finance & Taxation ..............................20Health Economics.....................19Heterodox Economics ..............45

History of Economic Thought & Methodology.......................48Innovation & Technology ..........13International Business ..............26International Political Economy .................................24Islamic Finance & Economics ......7Knowledge & ICT ......................15Labour Economics ....................21Law & Economics .....................37Macroeconomics ........................2Microeconomics & Industrial Organisation ..........................10Migration ...................................32Public Sector & Welfare Economics .............................17Regional & Urban Economics .....29Regulation & Competition ...........8Teaching Economics.................22Transport Economics ................33

Title/Author Index .....................50

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The Transaction Cost Economics ProjectBy Oliver E. Williamson see page 10

International Handbook on the Economics of Mega Sporting EventsEdited by Wolfgang Maennig and Andrew Zimbalist see page 16

Multinationals and Economic GeographyBy Simona Iammarino and Philip McCann see page 28

The Law and Economics of the AnticommonsBy Ben Depoorter and Francesco Parisi see page 37

Economic Development as a Learning ProcessEdited by Franco Malerba and Richard R. Nelson see page 42

Institutional EconomicsBy Wolfgang Kasper, Manfred E. Streit and Peter J. Boettke see page 42

The Elgar Companion to Recent Economic MethodologyEdited by John B. Davis and D. Wade Hands see page 48

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Microeconomics of Interactive EconomiesEvolutionary, Institutional, and Complexity Perspectives. A ‘Non-Toxic’ Intermediate TextbookWolfram Elsner, University of Bremen, Germany‘Here, at last, we have the ideal textbook for microeconomics from an evolutionary and institutional perspective. Wolfram Elsner does nothing less than reconstruct the principles of microeconomics for a world of interactive business networks, change and innovation, crisis and uncertainty, as well as coordination problems and cooperative joint ventures. The publication of this book is a landmark event in microeconomics.’

– Phillip A. O’Hara, Curtin University of Technology, Perth, Australia and President-Elect of AFEE, 2012

‘This microeconomics textbook by Wolfram Elsner provides a timely alternative for understanding the micro roots of uncertainty, complexity and crisis. The evolutionary and institutional perspective sheds new light on contemporary issues such as clusters, networks, innovation and coordination. By reading this textbook, teachers, students and practitioners will open their minds to new economic thinking.’

– Ping Chen, Peking University, Beijing, Fudan University, Shanghai, China and author of Economic Complexity and Equilibrium Illusion

2012 272 pp Hardback 978 1 84064 522 4 £75.00 2012 Paperback 978 1 78100 903 1 £27.50 • e 978 1 78195 340 2

Free Market EconomicsAn Introduction for the General ReaderSteven Kates, RMIT University, Australia‘A refreshing theoretical counterattack to the established Keynesian world view that has left the West financially overpromised, disastrously broke, and vulnerable to crank ideas. Professor Kates has brilliantly resurrected Say’s law of markets – Keynes’s old nemesis – into a new modern framework that forms the foundation of a new sustainable economy.’

– Mark Skousen, editor, Forecasts & Strategies and formerly of the Columbia Business School, US


Introduction to NEW PB Cost–Benefit AnalysisLooking for Reasonable ShortcutsGinés de Rus, University of Las Palmas de G.C. and the University Carlos III de Madrid, Spain‘Ginés de Rus has produced an excellent book which will be very useful to advanced undergraduate and graduate students in public economics as well as to professional economists working with project evaluations. The book can serve as a manual for how to undertake best-practice project analysis within a broad range of projects but in particular within the transportation sector. This text is highly recommended.’

– Per-Olov Johansson, Stockholm School of Economics, Sweden


A Modern Guide to NEW PB Keynesian Macroeconomics and Economic PoliciesEdited by Eckhard Hein, Berlin School of Economics and Law, Germany and Engelbert Stockhammer, Kingston University, UK‘For more than a decade, most macroeconomists convinced themselves they were witnessing a “Great Moderation”. Many Keynesians saw instead the accumulation of a fragility and potential instability that have become dramatically manifest since 2007. The premise of this book is that the financial crisis and Great Recession necessitate a revival of Keynesian macroeconomics, emphasizing the central roles of effective demand, money and finance in modern capitalism. Comprising essays on all aspects of macroeconomic theory and policy, the book will prove invaluable for scholars and graduate students seeking to acquaint themselves with the frontiers of modern Keynesian macroeconomics.’

– Mark Setterfield, Trinity College, US


Economic Geographies of GlobalisationA Short IntroductionMartin Sokol, Queen Mary, University of London and Canterbury Christ Church University, Canterbury, UK‘Telling it like it is in a direct and engaging style, this is a book without preconceptions. It is a vital intervention that makes sense of the sorry state of the contemporary global economy and its formative geographies and shows what is involved in constructing an alternative.’

– Roger Lee, Queen Mary, University of London, UK


Post Keynesian Macroeconomic Theory, Second EditionA Foundation for Successful Economic Policies for the Twenty-First CenturyPaul Davidson, New School University, New York, US In this updated and revised edition of Post Keynesian Macroeconomic Theory, Paul Davidson explains how and why contemporary macroeconomic textbooks fail to incorporate Keynes’s liquidity and financial analysis framework to explain the importance of money and financial markets in the real world of experience. This important text develops Keynes’s analytical framework for both closed and open economies and provides policy guidance for the global economy of the 21st century. In particular, it deals with problems such as inflation, financial contagion, global unemployment, outsourcing, trade patterns, and developing an international financial system which encourages expansionary growth among all trading partners while avoiding sovereign debt problems.


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Transnational NEW PB Corporations and International ProductionConcepts, Theories and Effects, Second EditionGrazia Ietto-Gillies, London South Bank University and Birkbeck University of London, UKA concise and authoritative upper level undergraduate and postgraduate text for international business and business economics courses.

This comprehensive critical analysis of concepts, theories and effects relating to transnational corporations will prove invaluable to post graduate and advanced undergraduate students across a broad section of disciplines including business/international business, economics, international relations, and development studies will find this to be an invaluable learning tool. Thoroughly revised and updated, the second edition of this highly acclaimed textbook includes new features such as deeper analysis of evolutionary theories, a discussion of Penrose and of the Network theory, and an additional chapter on innovation effects. Lecturers and researchers wishing to familiarize themselves with the theoretical developments of the subject will find this book to be an effective and informative teaching resource.

2012 288 pp Hardback 978 0 85793 225 9 £75.00 2012 Paperback 978 0 85793 227 3 £25.00 e 978 0 85793 226 6

An Introduction to Actuarial Studies, Second EditionM.E. Atkinson, Travelling Light, Victoria and D.C.M. Dickson, University of Melbourne, AustraliaAn Introduction to Actuarial Studies provides a contemporary guide to actuarial technique and practice. This substantially revised and extended new edition includes:

· New and thoroughly updated material

· Many more exercises with solutions to allow the reader to establish confidence in using actuarial techniques.

2011 256 pp Hardback 978 0 85793 541 0 £49.95 • e 978 1 78100 204 9

Fiscal FederalismWallace E. Oates, University of Maryland, College Park and Resources for the Future, USThis reprinted edition of a classic and truly seminal book, written by one of the leading thinkers in the field, represents the first comprehensive treatment of the economic theory of multi-level government. It explores the specific economic roles of the various levels of government, the assignment of different forms of taxation to central, state (provincial), and local governments, and the fiscal links between tiers of government provided by intergovernmental grants. This reprinted edition includes a new preface that briefly describes the origins of the book and comments on the evolution of the theory and practice of fiscal federalism since its original publication. The primary interest in the book will come from scholars and graduate students interested in multi-level public finance and public economics.

2011 288 pp Paperback 978 0 85793 994 4 £29.95

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MONEY & FINANCE CATALOGUEEmail: [email protected]

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KEY TITLES

What’s Right with Macroeconomics? NEW

Edited by Robert M. Solow, Massachusetts Institute of Technology, US and Cournot Foundation, Paris and Jean-Philippe Touffut, Cournot Centre, Paris, FranceThe financial crisis that began in 2007 has severely shaken economics and has brought into question its analyses and recommendations. Not all macroeconomists are up to the challenge. This thought-provoking book addresses how economic ideas have failed from a macro perspective, and questions which macroeconomic theories researchers should preserve and develop. The nine highly-renowned macroeconomists contributing to this book highlight the virtues of eclectic macro over an authoritarian normative approach. Their wide-ranging chapters remind us that there are many positive approaches to macroeconomics.

Dec 2012 c 264 pp Hardback 978 1 78100 739 6 c £75.00 Dec 2012 Paperback 978 1 78100 744 0 c £25.00 Elgaronline 978 1 78100 740 2The Cournot Centre series

World Economic Performance NEW

Past, Present and FutureEdited by D.S. Prasada Rao, University of Queensland, Brisbane, Australia and Bart van Ark, Conference Board, US and University of Groningen, The Netherlands‘Not only is this excellent collection of papers a fitting tribute to Angus Maddison, it is also a great resource for thinking about future patterns of global economic growth – both in the BRICS and the OECD – based on key insights from historical experience.’

– Nicholas Crafts, University of Warwick, UK

‘Angus Maddison may no longer be with us, but his spirit is very much alive. This collection of essays – including one by Maddison himself – shows how the methods he pioneered continue to shed new light on the comparative performance of nations and inspire successive generations of scholars.’

– Barry Eichengreen, University of California at Berkeley, US

Jan 2013 c 448 pp Hardback 978 1 84844 848 3 £95.00 Elgaronline 978 1 78195 355 6

ALSO OF INTEREST

The Microfoundations DelusionBy J.E. KingSee page 45

Keynes’s General TheoryEdited by Thomas Cate See page 48

NEW TEXTBOOKS




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SModern Monetary Macroeconomics NEW

A New Paradigm for Economic PolicyEdited by Claude Gnos, Université de Bourgogne, France and Sergio Rossi, University of Fribourg, Switzerland This timely book uses cutting-edge research to analyse the fundamental causes of economic and financial crises, and illustrates the macroeconomic foundations required for future economic policymaking in order to avoid these crises.

The expert contributors take a critical approach to monetary analysis, providing elements for a new paradigm of economic policymaking at both national and international levels. Major issues are explored, including: inflation, capital accumulation and involuntary unemployment, sovereign debts and interest payment, and the euro-area crisis.

Dec 2012 c 328 pp Hardback 978 1 84720 035 8 c £75.00New Directions in Modern Economics series

Why is there Money?Walrasian General Equilibrium Foundations of Monetary TheoryRoss M. Starr, University of California, San Diego, US‘Introducing the Arrow-Debreu-Starr model of monetary general equilibrium, Professor Starr provides the best defense ever made for the relevance of the Walrasian model to the pure theory of money. While most monetary theorists ventured to the overlapping generations model and then to the search model, only to create recently a hybrid search-Walrasian model, Starr presents the culmination of a patient, career-long effort to integrate money into the basic Walrasian model, with realistic taxation critically helping the government’s money to dominate.’

– Dror Goldberg, Bar Ilan University, Israel

2012 176 pp Hardback 978 1 84844 856 8 £65.00 Elgaronline 978 0 85793 806 0

Handbook of Alternative Theories of Economic GrowthEdited by Mark Setterfield, Trinity College, Hartford, US, Cambridge University, UK and Laurentian University, CanadaComprising specially commissioned essays, the Handbook provides a comprehensive overview of alternative theories of economic growth. It surveys major sub-fields (including classical, Kaleckian, evolutionary, and Kaldorian growth theories) and highlights cutting-edge issues such as the relationship between finance and growth, the interplay of trend and cycle, and the role of aggregate demand in the long run.

Contributors: R.A. Blecker, G. Duménil, A.K. Dutt, J. Felipe, P. Flaschel, D.K. Foley, J. Foster, B. Gibson, A. Greiner, D. Gualerzi, E. Hein, J.E. King, H.D. Kurz, M. Lanzafame, M. Lavoie, M.A. Léon-Ledesma, D. Lévy, G.T. Lima, J. McCombie, J.S. Metcalfe, T.R. Michl, J.C. Moreno Brid, C.W.M. Naastepad, T.I. Palley, E. Pérez Caldentey, A. Razmi, M. Roberts, N. Salvadori, S. Seguino, M. Setterfield, P. Skott, S. Storm, T. van Treeck

2010 488 pp Hardback 978 1 84720 402 8 £140.00 2011 Paperback 978 1 84980 080 8 £35.00 Elgaronline 978 1 84980 558 2ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

The Macroeconomics of NEW Finance-Dominated Capitalism – and its CrisisEckhard Hein, Berlin School of Economics and Law, Germany‘Eckhard Hein examines the causes and consequences of financialisation. His book is economics as it should always be: it combines reflections, data gathering, empirical analysis, theoretical formalization, and policy recommendations. Hein goes beyond the exuberant behaviour of the banking industry to analyse the global financial crisis and the eurozone crisis, showing, through various variants of a Kaleckian growth model, the macroeconomic consequences of the rising dominance of finance over modern capitalism during the last three decades.’

– Marc Lavoie, University of Ottawa, Canada

Aug 2012 c 232 pp Hardback 978 1 78100 554 5 £70.00 Elgaronline 978 1 78100 916 1

Handbook of Research NEW Methods and Applications in Empirical MacroeconomicsEdited by nigar Hashimzade, University of Reading and Michael Thornton, University of York, UKThis comprehensive Handbook presents the current state of art in the theory and methodology of macroeconomic data analysis. Topics include unit roots, non-linearities and structural breaks; time aggregation, forecasting, the Kalman filter; generalised method of moments, maximum likelihood and Bayesian estimation; vector autoregressive, stochastic general equilibrium and dynamic panel models.

Feb 2013 c 400 pp Hardback 978 0 85793 101 6 c £125.00 Elgaronline 978 0 85793 102 3Handbooks of Research Methods and Applications seriesElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Microfoundations ReconsideredThe Relationship of Micro and Macroeconomics in Historical PerspectiveEdited by Pedro Garcia Duarte and Gilberto Tadeu Lima, University of São Paulo, BrazilThe highly regarded contributors to the book argue that the standard narrative of microfoundations is likely to be unreliable. They therefore re-examine the history of the relationship of microeconomics and macroeconomics, starting from their emergence as self-consciously distinct fields within economics in the early 1930s. They seek to go beyond the conventional history that is often told and written by practicing economists. From different perspectives they challenge the association of microfoundations with Robert Lucas and rational expectations and offer both a more complete and a deeper reading of the relationship between micro and macroeconomics.


Modern MacroeconomicsIts Origins, Development and Current StateBrian Snowdon and Howard R. Vane


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MONEY & FINANCE CATALOGUEEmail: [email protected]


Research Handbook on International Banking and GovernanceEdited by James R. Barth, Auburn University and Miliken Institute, US, Chen Lin, Chinese University of Hong Kong and Clas Wihlborg, Chapman University, USThe original contributions to this comprehensive Handbook – authored by renowned international scholars of finance, banking, law, policy, business and economics – reflect on the performance of financial institutions through the lens of governance. In-depth coverage is given to issues of ownership, efficiency and stability; compensation, performance and risk; market discipline; regulation and supervision; strategy and social responsibility; non-bank financial institutions; as well as regional and country studies. Only through the kind of close examination presented in this volume can we hope to implement the financial reforms necessary and sufficient to reduce the likelihood and severity of future financial crises.

Contributors: E. Arbak, F. Arnaboldi, R. Ayadi, J.R. Barth, T. Berglund, A.W.A. Boot, D. Brash, B. Casu, Y. Chang, H. Choe, W.P. De Groen, J.K. Dietrich, W. Dolde, R. Galema, S. Gangopadhyay, C. Girardone, P.A. Gompers, Y. Gong, C.A.E. Goodhart, B.E. Gup, J. Hagendorff, I. Hasan, R.J. Herring, A.G.F. Hoepner, J. Houston, J. Itzkowitz, J.D. Knopf, S. Koibuchi, R.M. Lastra, B. Lee, R. Lensink, L. Li, C. Lin, Y. Ma, P. MacKay, M. Marin , D.G. Mayes, R. Mersland, R. Mohan, P. Molyneux, A. Mullineux, A. Naranjo, A.A. Palvia, A.P. Prabha, H.L. Root, W. Sawangngoenyuang, S.K. Shanthi, C.-H. Shen, F.M. Song, L. Song, K.R. Spong, T. Subhanij, R.J. Sullivan, F. Vallascas, P.J. Wallison, I. Walter, L.J. White, C. Wihlborg, T.D. Willett, J.O.S. Wilson, Y. Xuan, Z. Zhou

2012 768 pp Hardback 978 1 84980 293 2 £175.00 Elgaronline 978 1 84980 610 7ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Handbook of NEW PB Behavioral FinanceEdited by Brian Bruce, Center for Investment Research and Hillcrest Asset Management, US‘This book does an excellent job of presenting empirical evidence as to the role of selected psychological attributes on key investment behaviors and it should be valuable to investment professionals as a handbook. Professor Bruce has selected readings that clearly show that investors are more than logic machines. They have evolved brains which makes them susceptible to context and culture. The book wisely avoids making generalizations about a new behavioral financial paradigm which at this time is only in the early stages of development.’

– Robert A. Olsen, California State University, Chico, US

Contributors: L.F. Ackert, J. Agnew, K. Bachmann, T. Berry, N. Blasco, P. Calafiore, L.-L. Chong, B.K. Church, A.M. Cianci, P. Corredor, S.S. Culbertson, S. Davidson, K. Ely, T. Evans, D.M. Fazio, S. Ferreruela, S.O. Fogel, G. Francis, R. Garvey, C. Gort, T. Hens, D.C. Indro, H.J. Jeffrey, H. Kelley, E. Kirchler, M.-M. Lai, B. Lee, M. Lehenkari, B. Maciejovsky, J. Madura, A. Murphy, J. O’Brien, N. Okuyama, J. Perttunen, V. Ramiah, N. Richie, K. Sivaramakrishnan, G. Soydemir, L. Szykman, B.M. Tabak, S.-H. Tan, R. Verma, M. Wang, M. Weber, J. Yang, L. Zhu

2010 448 pp Hardback 978 1 84844 651 9 £135.00 2012 Paperback 978 0 85793 091 0 £39.95 Elgaronline 978 1 84980 910 8 ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

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Mathematics and Modern EconomicsEdited by Geoffrey M. Hodgson, University of Hertfordshire, UKThe appropriate role of mathematics in economics has been controversial for two hundred years, and has been a matter of ongoing debate as economics became more mathematical after the Second World War. Controversy has been heightened after extensive criticisms of models used for analysis, prediction and risk assessment prior to the great financial crash of 2008. In this topical collection, Professor Hodgson brings together the seminal classic and recent essays published since 1945 on the role of mathematics in economics, by leading authors including six Nobel Laureates, and from a variety of perspectives.

46 articles, dating from 1947 to 2011 Contributors include: M. Blaug, J. Buchanan, G. Debreu, F. Hahn, P. Krugman, T. Lawson, W. Leontief, P. Mirowski, P. Samuelson, H. Simon

Series no. 266 2012 654 pp Hardback 978 1 78100 043 4 £205.00

Behavioural MacroeconomicsEdited by Ian M. McDonald, University of Melbourne, AustraliaThis invaluable volume brings together seminal articles with a significant behavioural content on various areas in macroeconomics. The topics covered include a historical perspective on psychology and economics, social norms and macroeconomics, the nature of unemployment, unemployment and inflation, consumption and saving, the causes of the global financial crisis, economic growth and happiness and income distribution and the underclass.

24 articles, dating from 1988 to 2009 Contributors include: G. Akerlof, T. Bewley, V. Bhaskar, E. Fehr, S. Holden, A. Oswald, M. Rabin, R. Sugden, L. Summers, R. Thaler


Full contents – www.e-elgar.com

Macroeconomic Theory and its FailingsAlternative Perspectives on the Global Financial CrisisEdited by Steven Kates, RMIT University, Australia‘The Great Crash of 2008 has raised profound questions concerning the orientation of modern economics and the adequacy of its theory. Those justifiably looking for alternatives will find this book invaluable. It contains a rich array of alternative perspectives on the crisis, and it will hopefully help stimulate the further theoretical developments that are so urgently required.’

– Geoffrey M. Hodgson, University of Hertfordshire, UK

2010 304 pp Hardback 978 1 84844 819 3 £78.00 2011 Paperback 978 1 84980 304 5 £25.00 Elgaronline 978 1 84980 339 7

Advanced MacroeconomicsA PrimerPatrick Minford and David Peel

2002 560 pp Hardback 978 1 84064 090 8 £129.00 2002 Paperback 978 1 84376 090 0 £37.00

RESEARCH COLLECTIONS

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ALSO OF INTEREST

Why is there Money?By Ross M. StarrSee page 3




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GResearch Handbook on International Financial RegulationEdited by Kern Alexander, University of Zurich, Switzerland and University of Cambridge and Rahul Dhumale, UBS, London, UK The globalisation of financial markets has attracted much academic and policymaking commentary in recent years, especially with the growing number of banking and financial crises and the current credit crisis that has threatened the stability of the global financial system. This major new Research Handbook sets out to address some of the fundamental issues in financial regulation from a comparative and international perspective and to identify some of the main research themes and approaches that combine economic, legal and institutional analysis of financial markets.

Contributors include: K. Alexander, I. Alfon, I. Argimon, P. Bascunana-Ambros, T. Burns, A. Cornford, R. Dhumale, J. Eatwell, M. Fujii, I. Hassan, K.R. Ilmonen, E.J. Kane, M. Kawai, C.A. Johnson, D. Masciandaro, D.G. Mayes, A. Nesvetailova, C. Papathanassiou, A. Persaud, R. Reoch, G. Riccio, X. Roduner, C.A. Russo, A. Singh, M. Waisman


Handbook of Research on Stock Market GlobalizationEdited by Geoffrey Poitras, Simon Fraser University, CanadaThe stock market globalization process has produced historic changes in the structure of stock markets, the effects of which are evident throughout the world. Despite these transformations, there are relatively few sources examining the connections between the globalization process currently under way and previous periods of stock market globalization. This seminal volume fills that gap.

Contributors: Y. Cassis, A. de la Torre, M. Geranio, D.J. Harty, I. Hasan, E. Hutson, J.W. Markham, R. Michie, G. Poitras, A. Preda, J. Rutterford, H. Schmiedel, S.L. Schmukler, L. Song, G. Zanotti


Handbook of Critical NEW Issues in FinanceEdited by Jan Toporowski and Jo Michell, School of Oriental and African Studies, University of London, UKThis vital new Handbook is an authoritative volume presenting key issues in finance that have been widely discussed in the financial markets but have been neglected in textbooks and the usual compilations of conventional academic wisdom. A wide range of topics including capital controls, the crisis, the Franc zone, quantitative easing and securitisation, as well as the key controversies associated with them, are explored and explained in depth by well-known authorities in finance and economics.

Contributors include: P. Arestis, R. Bellofiore, D. Bezemer, S. Blankenburg, H. Braun, T. Congdon, G. Cozzi, P. dos Santos, S. Dow, T. Evans, G. Ietto-Gillies, P. Kalmi, A. Kaltenbrunner, E. Karwowski, J. Kregel, S. Krishnan, M. Lawlor, C.G. Leathers, N. Levy Orlik, P. Lysandrou, D. Mayes, J. Michell, T. Mott, A. Nesvetailova, J.P. Painceira, R. Palan, J. Perraton, J. Powell, P. Raines, K. Ruziev, W. Song, E. Stockhammer, J. Toporowski, A. Trigg, E. Tymoigne, J. Tyson, L. Ventimiglia, S. Venugopalan, R. Wade, C. Whalen, M. Wolfson, G. Wood, L.R. Wray

Oct 2012 c 352 pp Hardback 978 1 84980 370 0 c £115.00 Elgaronline 978 1 84980 595 7ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Handbook of Central Banking, financial Regulation and SupervisionAfter the Financial CrisisEdited by Sylvester Eijffinger, Tilburg University, The Netherlands and CEPR and Donato Masciandaro, Bocconi University, Italy and SUERF‘This collection of papers is essential reading for anyone interested in central banking, regulation and supervision. Sylvester Eijffinger and Donato Masciandaro have brought together contributions from the leading academics, central bankers and regulators, providing the most up-to-date analysis of this critical subject.’

– Paul Mizen, University of Nottingham, UK


Handbook of Research on IPOs NEW

Edited by Mario Levis, City University London, UK and Silvio Vismara, University of Bergamo, ItalyThe Handbook of Research on IPOs provides a comprehensive review of the emerging trends and directions in the global IPO markets. The empirical evidence included in the book covers Europe, US and the Far East, and presents a truly global perspective of IPO markets around the world and on the different stages of the entire IPO process. Thus, it offers an updated, easily accessible source of recent empirical research of interest to both academics and practitioners alike.

June 2013 c 512 pp Hardback 978 1 78195 536 9 c £150.00 Elgaronline 978 1 78195 537 6

Combating Money laundering NEW and Terrorism Finance: Past and Current ChallengesEdited by navin Beekarry, George Washington University Law School, USThis important book addresses the broader legal, policy and regulatory issues confronting the international community in its search for effective methodologies to combat money laundering and terrorist financing. New threats must always be met with new regulatory approaches. Alongside an original introduction to the area, which also addresses the 2012 recommendations of the Financial Action Task Force, the editor has selected key papers assessing the task, including work examining the recent shift from a rule-based to a risk-based approach. This volume is an essential source of reference for anyone interested in this dynamic field.

37 articles, dating from 1997 to 2011 Contributors include: D. Chaikin, J. Christensen, L. de Koker, B.E. Gup, M. Levi, D. Masciandaro, B.A.K. Rider, J.C. Sharman, E.M. Truman, B. Unger

Jan 2013 c 840 pp Hardback 978 1 84980 751 7 c £270.00Full contents – www.e-elgar.com

Corporate Governance, NEW Enforcement and Financial DevelopmentThe Chinese ExperienceDing Chen, University of Manchester, UKThere is probably nowhere better to look than China’s stock market to assess the limits of the gradualist approach. As will be shown in this book, the potential efficiency gains that could be created by a healthy, well-functioning stock market have been completely outweighed by the consideration of maintaining the political system. This unique study employs the theory of new institutional economics to examine corporate governance and the stock market in order to scrutinize China’s transition.

April 2013 c 208 pp Hardback 978 1 78100 480 7 c £65.00 Elgaronline 978 1 78100 481 4

RESEARCH COLLECTION

ALSO OF INTEREST

An Introduction to Actuarial Studies, Second EditionBy M.E. Atkinson and D.C.M. DicksonSee page 2

Fiscal FederalismBy Wallace E. OatesSee page 2




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and Applications in Empirical financeEdited by Adrian r. Bell, Chris Brooks, University of Reading, UK and Marcel Prokopczuk, Zeppelin University, GermanyThe objective of this book is to present the quantitative techniques that are commonly employed in empirical finance research together with real world, state of the art research examples. Each chapter is written by international experts in their fields. The unique approach is to describe a question or issue in finance and then to demonstrate the methodologies that may be used to solve it. All of the techniques described are used to address real problems rather than being presented for their own sake and the areas of application have been carefully selected so that a broad range of methodological approaches can be covered.

Contributors include: E.I. Altman, M. Ammann, K. Anderson, C. Brooks, D.A. Carter, G. Cerqueiro, K. Chen, H. Degryse, D. Erdemlioglu, A. Golubov, M. Guidolin, Ó.T. Henry, T. Johann, A. Katsaris, S. Laurent, Y. Lee, W.S. Leung, H. Liu, P. Molyneux, C.J. Neely, D. Oesch, N. Olekaln, S. Ongena, D. Petmezas, S.-H. Poon, M. Prokopczuk, D.A. Rogers, M. Schmid, K.K. Shields, B.J. Simkins, S. Stanescu, L. Stentoft, N. Taylor, E. Theissen, N.G. Travlos, S.D. Treanor, R. Tunaru, J.O.S. Wilson, Y. Wu, W.T. Ziemba

April 2013 c 400 pp Hardback 978 0 85793 608 0 c £125.00 Elgaronline 978 0 85793 609 7Handbooks of Research Methods and Applications seriesElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Monetary Policy and Central BankingNew Directions in Post-Keynesian TheoryEdited by Louis-Philippe Rochon, Laurentian University, Sudbury and Salewa ‘Yinka olawoye, University of Missouri-Kansas City, USHas the economic and financial crisis changed the way we conduct monetary policy? Is quantitative easing consistent with the endogeneity of money? These are but two of the questions this new book explores. The various contributors offer interesting and new perspectives on the conduct of monetary policy during the crisis, and provide sharp criticism of central bank policies in the US and Europe.


financial Stability in PracticeTowards an Uncertain FutureCharles A.E. Goodhart, London School of Economics and Dimitrios P. Tsomocos, University of Oxford, UKThe maintenance of financial stability is a key objective of monetary policy, but the record of regulators in achieving this has been lamentable in recent years. This failure has been matched by an equivalent inability to establish an appropriate theoretical basis for financial regulation. In this book, the authors demonstrate how to enhance the theory, modelling and practice of such regulation.

2012 552 pp Hardback 978 1 84720 893 4 £120.00

The Challenge of financial StabilityA New Model and its ApplicationsCharles A.E. Goodhart, London School of Economics and Dimitrios P. Tsomocos, University of Oxford, UKThe achievement of financial stability is one of the most pressing issues today. This timely and innovative book provides an analytical framework to assess financial (in)stability as an equilibrium phenomenon compatible with the orderly functioning of a modern market economy.

2012 368 pp Hardback 978 1 84720 894 1 £95.00

RESEARCH COLLECTIONSThe International Library of Critical Writings in Economics series

Theories of Money and Banking NEW

Edited by l. randall Wray, University of Missouri-Kansas City, Levy Economics Institute and Centre for Full Employment and Price Stability, US‘Randall Wray’s two volumes provide a bright beacon in a darkening night of turmoil, confusion and ignorance. By bringing together classics from both the mainstream and heterodox approaches to monetary theory and policy, Wray provides a fundamental resource for the urgently needed rethinking on how the interrelated world of monetary production economies functions or misfunctions, and the basis for the development of sound theory on what to erect effective policies to tackle major, potentially disastrous problems.’

– Geoffrey Harcourt, University of New South Wales, Australia

65 articles, dating from 1937 to 2010 Contributors include: P. Arestis, P. Davidson, D. Foley, M. Friedman, C. Goodhart, J.M. Keynes, J.A. Kregel, A. Lerner, H.P. Minsky, M. Sawyer, J. Tobin

Series no. 268 Two volume set Sept 2012 c 1,272 pp Hardback 978 1 84844 103 3 £405.00

Financial Risk Measurement and ManagementEdited by Francis X. Diebold, University of Pennsylvania, USThis authoritative volume charts the origins, development, and current frontiers of financial risk management. It emphasizes the role for risk management created by real-world market imperfections, and progresses to consider stochastic financial modeling, the failure of ‘normality’, and time-varying volatility. Professor Diebold has selected seminal papers by leading academics which cover multiple markets (equities, bonds, etc.), univariate and multivariate perspectives, connectedness and systemic risks, and stress testing. The collection, along with an original introduction by the editor, will be of interest to academics, market participants, and policy-makers, particularly as we chart a new course following the financial crisis of 2007–2008.

34 articles, dating from 1900 to 2009 Contributors include: F. Allen, K. Arrow, D. Duffie, E. Fama, R. Merton, C. Nelson, J. Sceinkman, M.A. Scholes, J. Stein, O. Vasicek

Series no. 267 2012 c 1,044 pp Hardback 978 1 84980 390 8 £335.00

Financial Globalization and Economic PerformanceEdited by Hans Visser, VU University, Amsterdam, The Netherlands‘Here are the key classics on financial globalization one needs to read to understand what is going on in the world. Not only the hard economic contributions are included, but also the key economic history and political economy papers. Great for researchers, students and interested laymen.’

– Rick Van der Ploeg, University of Oxford, UK

25 articles, dating from 1989 to 2010 Contributors include: J. Bhagwati, G. Calvo, B. Eichengreen, R. Levine, R. Lucas, R. Rajan, C. Reinhart, D. Rodrik, K. Rogoff, J. Stiglitz



Financial Crises TEXTBOOK and Recession in the Global Economy, Third Editionroy E. Allen

2009 192 pp Hardback 978 1 84720 508 7 £68.00 2009 Paperback 978 1 84844 830 8 £21.95

These two books by Goodhart and Tsomocos are available as a discounted two volume set: 978 1 78100 271 1 £172.00




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The Political Economy NEW of Arab Gulf StatesEdited by Kristian Coates Ulrichsen, London School of Economics and Political Science, UK‘This volume brings together some of the most important articles on the Persian Gulf over the last two decades. All of the articles in the volume have been central to our understanding of the region, and some have been game-changers. For anyone interested in knowledge of the Middle East in general and the Persian Gulf in particular, this book is essential reading.’

– Mehran Kamrava, Georgetown University-Qatar, US

36 articles, dating from 1990 to 2010 Contributors include: M. Al-Rasheed, J. Crystal, K. Coates Ulrichsen, C. Davidson, F.G. Gause, M. Herb, S. Hertog, T.C. Jones, G. Nonneman, G. Okruhlik

nov 2012 c 780 pp Hardback 978 0 85793 987 6 c £250.00Full contents – www.e-elgar.com

The Islamic Debt Market for Sukuk SecuritiesThe Theory and Practice of Profit Sharing InvestmentEdited by Mohamed Ariff, Bond University, Australia and University Putra Malaysia, Munawar Iqbal, King Abdul Aziz University, Saudi Arabia and IRTI, Islamic Development Bank and Shamsher Mohamad, INCEIF University, MalaysiaThe relatively new sukuk (or Islamic debt securities) markets have grown to more than US $800 billion over the past decade, and continue to grow at a rate of around 20-30 per cent per year. Arguably the first of its kind, this path-breaking book provides a highly unique reference tool relating to key issues surrounding sukuk markets, which are found in 12 major financial centres, including Kuala Lumpur, London and Zurich.

2012 256 pp Hardback 978 0 85793 620 2 £70.00 Elgaronline 978 0 85793 621 9Foundations of Islamic Finance series

Islamic Finance TEXTBOOK

Principles and PracticeHans Visser



ISLAMIC STUDIES LEAFLETEmail: [email protected]


Research Handbook NEW on Money launderingEdited by Brigitte Unger and Daan van der Linde, Utrecht University School of Economics, The NetherlandsThe specially commissioned papers in this comprehensive Handbook address topics such as how to define money laundering; the economic, social and political effects of laundering; the complexities of regulation; and compliance issues. International experts in law, economics, sociology, criminology and political science from academia, international organizations and practice make this book an essential reference on the current state of money laundering research and the efforts to combat it.

Contributors include: H. Addink, A. Argentiero, M. Bagella, J. Biggins, A. Buehn, F. Busato, M. Busuioc, P. Costanzo, S. Dawe, I. Deleanu, J. Ferwerda, L. Groot, T. Krieger, M. Levi, H.S.H.P.M. Liechtenstein, D. Masciandaro, K. McCarthy, D. Meierrieks, B. Mühl, E. Nowotny, T. Pietschmann, P. Reuter, F. Schneider, B. Slot, M. Stouten, A. Tilleman, B. Unger, M. van den Broek, P. van Duyne, V. van Kommer, F. van Waarden, J. Walker, J. Vervaele, B. Vettori, S. Yikona, J. Zdanowicz

June 2013 c 512 pp Hardback 978 0 85793 399 7 c £145.00 Elgaronline 978 0 85793 400 0ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

regulatory failure and the Global Financial CrisisAn Australian PerspectiveEdited by Mohamed Ariff, Bond University, Australia and University Putra Malaysia, John H. Farrar, Bond University, Australia and University of Auckland, New Zealand and Ahmed M. Khalid, Bond University, Australia This fascinating book presents a lively discussion of key issues resulting from the recent financial crisis. The expert contributors explore why the global financial crisis occurred, how it destroyed wealth, triggered mass unemployment and created an unprecedented loss of control on employment, monetary policy and government budgets.


Global Economic CrisisImpacts, Transmission and RecoveryEdited by Maurice Obstfeld, University of California, Berkeley, Dongchul Cho, KDI School of Public Policy and Management and Andrew Mason, University of Hawaii at Manoa and East-West Center, Hawaii, US In 2008, the global economy experienced the most severe crash since World War II. A sharp collapse in international trade followed, leaving no country on the globe immune to a sequence of economic shocks. This timely book explores many of the key issues raised in the wake of the global economic crisis and provides an in-depth analysis of crisis transmission to emerging markets.

2012 304 pp Hardback 978 1 78100 629 0 £75.00 Elgaronline 978 1 78100 630 6KDI/EWC series on Economic Policy

The Age of Austerity NEW

The Global Financial Crisis and the Return to Economic GrowthThomas J. Schoenbaum, George Washington University, USThis provocative look at the global financial crisis argues that the United States, the European Union and Japan have intentionally, and unwittingly, adopted wrong-headed economic policies in a futile attempt to deal with sovereign debt resulting from the global financial crisis. It offers persuasive evidence of how the politics of austerity fail to encourage economic recovery, and proposes instead a number of alternative ideas and solutions.

Sept 2012 c 232 pp Hardback 978 1 78195 144 6 £65.00 Elgaronline 978 1 78195 145 3

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The International Handbook of NEW Competition – Second EditionEdited by Manfred neumann, University Erlangen-Nürnberg and Jürgen Weigand, WHU Otto Beisheim Graduate School of Management, Vallendar, Germany This indispensable Handbook examines the interface of competition policy, competition law and industrial economics. The book aims to further our understanding of how economic reasoning and legal expertise complement each other in defining the fundamental issues and principles in competition policy. In specially commissioned chapters the book provides a scholarly review of economic theory, empirical evidence and standards of legal evaluation with respect to monopolization of markets, exploitation of market power and mergers, among other issues.

Contributors include: D.B. Audretsch, E.W. Bond, A.W.A. Boot, V. Ghosal, R. Griffith, K. Hüschelrath, C. Kirchner, M. Marinc, S. Martin, D.C. Mueller, L. Nesheim, M. Neumann, A. Rasch, A. Rathbone, C. Rowley, A. Wambach, J. Weigand, B.B. Yurtoglu

March 2013 c 368 pp Hardback 978 1 84980 268 0 c £120.00 Elgaronline 978 1 84980 606 0ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

recent Advances in the Analysis of Competition Policy and regulationEdited by Joseph E. Harrington Jr., Johns Hopkins University, US and Yannis Katsoulacos, Athens University of Economics and Business, Greece ‘This volume collects a number of original, cutting-edge contributions that take the reader swiftly and easily to the frontier of research on most of the current hot topics in industrial organization, antitrust and regulation. Skillfully edited by two outstanding leaders in the field, the volume will be a precious source for students, researchers and practitioners that need to figure out what research has achieved in recent years on these important policy issues.’

– Giancarlo Spagnolo, SITE – Stockholm School of Economics and University of Tor Vergata, Sweden


International Handbook NEW PB on Public–Private PartnershipsEdited by Graeme A. Hodge, Monash University, Australia, Carsten Greve, Copenhagen Business School, Denmark and Anthony E. Boardman, University of British Columbia, Canada‘“Partnership” is a widely-used and confusing term in public management. This book pilots the reader expertly through the diverse ambitions for PPPs, and the contexts in which they have been used. It draws on the first-hand experience of politicians and managers in steering partnerships, combined with solid research and observation. A particular strength is the recognition of how PPPs are understood in various national settings, and the scope for international policy learning. The contributors write in a style which is both authoritative and accessible to students, policy-makers and professionals seeking to understand the complexities of partnership working.’

– Francis Terry, London School of Economics, UK

Contributors: A.E. Boardman, T. Bovaird, B. Bull, J.-E. de Bettignies, C.F. Duffield, C. Figueira, M. Flinders, G. Georgiou, C. Greve, G. Hammerschmid, D. Heald, M. Hellowell, G.A. Hodge, E.-H. Klijn, R.S. Monteiro, U. Mörth, P. Noumba-Um, D. Parker, A. Pessoa, T.W. Ross, J. Shaoul, C. Skelcher, C.D. Tvarnø, A.R. Vining, G. Weihe, R. Wettenhall, T. Ysa


regulatory reform of Public Utilities NEW

The Japanese ExperienceFumitoshi Mizutani, Kobe University, Japan Fumitoshi Mizutani expertly explains the main regulatory structure and regulatory reforms in eight Japanese public utility industries: electric power, gas utility, water supply, railway, local bus, postal service, telecommunications, and broadcasting. Regulatory reforms – including organizational changes such as privatization and restructuring – are discussed about each industry and cross-industry cases on selected topics about Japanese public utility regulatory issues are included, such as yardsticks, regulation, privatization, and structural reforms.

nov 2012 c 296 pp Hardback 978 1 84720 330 4 c £69.95 Elgaronline 978 1 78195 361 7

Reforming the Postal Sector in NEW the Face of Electronic CompetitionEdited by Michael A. Crew, Rutgers, The State University of New Jersey, Newark, US and Paul R. Kleindorfer, INSEAD, France and University of Pennsylvania, USIn our increasingly technology-focused world, demand for traditional postal services is steadily shrinking. This timely volume examines the many challenges that the worldwide postal sector is facing as a result of growing electronic competition, and offers expert recommendations for reshaping postal structures to strengthen their competitiveness in an electronic age.

April 2013 c 224 pp Hardback 978 0 85793 579 3 c £65.00Advances in Regulatory Economics series

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Towards a Plural Financial SystemEdited by Valentino Cattelan, University of Rome Tor Vergata, ItalyHighlighting the impact of current globalization on financial markets, this topical book challenges the universality of Western property rights and interprets Islamic finance in Europe as part of a plural financial system, where different conceptions of economic justice(s) co-exist and influence each other. The contributing authors study issues of economic development and social integration from an Islamic perspective and outline the European approach to accommodating Islamic finance, with particular regard to the peculiarities of individual nation-states. Set in this context, the book puts forward financial pluralism as a device to enhance a level playing field in the global marketplace, as well as to foster a plural open society.

April 2013 c 224 pp Hardback 978 1 78100 250 6 c £65.00 Elgaronline 978 1 78100 251 3Studies in Islamic Finance, Accounting and Governance series

The Foundations NEW PB of Islamic BankingTheory, Practice and EducationEdited by Mohamed Ariff, Bond University, Australia and University Putra Malaysia and Munawar Iqbal, Islamic Development Bank, Jeddah, Saudi Arabia‘This wide-ranging guide to the foundations and fundamental principles of this new form of ethics-based financial practice will be of interest for regulators, practitioners, and scholars in the fields of economics, finance, money and banking.’

– Islamic Horizons

2011 296 pp Hardback 978 1 84980 792 0 £75.00 Oct 2012 Paperback 978 0 85793 740 7 c £25.00 Elgaronline 978 1 84980 793 7

ALSO OF INTEREST

Regulation and the Performance of Communication and Information networksEdited by Gerald R. Faulhaber, Gary Madden and Jeffrey PetcheySee page 15

The Economics of the Electricity IndustryBy Pippo Ranci, Clara Poletti and Guido CervigniSee page 19




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The Practice of regulatory reform NEW

Sense and SimplicityScott Jacobs, Jacobs, Cordova & Associates, USA wide range of regulatory reform tools and instruments have been developed and implemented over 30 years to help governments improve the effectiveness, efficiency and transparency of fast-growing regulatory systems. To organize this wide body of work into a user-friendly framework, Scott Jacobs’ illuminating work will facilitate practitioners in choosing and designing effective reforms in their countries by identifying and clarifying the different regulatory reform tools that have been developed, as well as showing good practices that improve results in the field. The book demonstrates exactly how economic, legal, and public management principles are combined in a successful regulatory reform program.

Jan 2013 c 256 pp Hardback 978 1 84844 202 3 c £65.00

International Handbook on NEW PB regulating nanotechnologiesEdited by Graeme A. Hodge, Monash University, Australia, Diana M. Bowman and Andrew D. Maynard, University of Michigan, Ann Arbor, US‘The Handbook’s 26 chapters do a remarkable job of capturing the last decade of commentary and policy perspective regarding nano-related environmental health and safety regulatory issues, along with providing some fresh perspectives on where its future might be headed. It is an invaluable primer for those wanting to hear about the issue from some of the most authoritative voices in the area.’

– John C. Monica, Jr., Porter Wright Morris & Arthur LLP

Contributors: K.W. Abbott, R.J. Aitken, J. Altmann, P. Binks, H. Bouwmeester, D.M. Bowman, J. Bradley, L.K. Breggin, R. Brownsword, Q. Chaudhry, J.C. Davies, T.K. Epprecht, R. Falkner, R.S. Gaspar, A. Gergely, A. Grobe, R.F. Hertel, G.A. Hodge, M. Holman, N. Jaspers, A.D. Jones, G. Klein, K. Ludlow, G.N. Mandel, G.E. Marchant, A.D. Maynard, C. Meili, J. Miles, G. Miller, A. Nordmann, J. Pendergrass, S.A.K. Peters, R. Porter, O. Renn, G. Scrinis, V. Stone, D.J. Sylvester, O. Tassinari, C. Toumey, G. van Calster, T. Weidl, M. Widmer, D. Williams, R. Zöllner

2010 640 pp Hardback 978 1 84844 673 1 £175.00 2012 Paperback 978 0 85793 167 2 £40.00 e 978 1 84980 812 5ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Cartels and Economic Collusion NEW PB

The Persistence of Corporate ConspiraciesMichael A. Utton, University of Reading, UK ‘Mike Utton’s timely new book provides an excellent overview of issues arising from cartels and collusion between firms and shows how this remains an important policy concern in the world today. The book covers areas such as the economics of collusion, the case for collaboration and the persistence of cartels over time. It then moves on to policy development and discusses current policy both in the US and EU. Individual cases are reviewed and the important development of leniency policy is discussed as a key feature in policy today. Overall this is a very useful addition to the literature and will be particularly of use to both students and other researchers working in this field.’

– Roger Clarke, Cardiff University, UK


Competition Policy NEW PB and the Economic ApproachFoundations and LimitationsEdited by Josef Drexl, Max Planck Institute for Intellectual Property and Competition Law, Munich, Wolfgang Kerber, Philipps-Universität Marburg and Rupprecht Podszun, Max Planck Institute for Intellectual Property and Competition Law, Munich, GermanyThis outstanding collection of original essays brings together some of the leading experts in competition economics, policy and law. They examine what lies at the core of the ‘economic approach to competition law’ and deal with its normative and institutional limitations. In recent years the ‘more economic approach’ has led to a modernisation of competition law throughout the world.

2011 360 pp Hardback 978 1 84844 884 1 £89.95 Oct 2012 Paperback 978 0 85793 739 1 c £29.95 Elgaronline 978 0 85793 033 0

Private Standards and Global GovernanceLegal and Economic PerspectivesEdited by Axel Marx, Miet Maertens, Johan Swinnen and Jan Wouters, University of Leuven (KU Leuven), Belgium‘This edited volume represents a major contribution to scholarship on the role of private standards in global governance. It brings together a wealth of important new research written by a distinguished group of scholars. It is noteworthy not only for the breadth and depth of its casestudies, but by its extensive analysis of the legal dimensions of private standard setting and enforcement.’ – David Vogel, University of California, Berkeley, US

2012 c 328 pp Hardback 978 1 84980 874 3 £85.00 Elgaronline 978 1 84980 875 0Leuven Global Governance series

A legal Theory of Economic PowerImplications for Social and Economic DevelopmentCalixto Salomão filho, University of São Paulo Law School, Brazil and the Institut d’études Politiques (Sciences Po), Paris, FranceIn this provocative book Calixto Salomão Filho builds a strong case for why economic power cannot be considered a mere market phenomenon. Taking the forgotten realities and effects of these power structures into account, this comprehensive legal analysis persuasively argues the need for a new theory.

2011 240 pp Hardback 978 0 85793 186 3 £65.00 Elgaronline 978 0 85793 187 0New Horizons in Competition Law and Economics series

Multi-Modal Competition and the Future of MailEdited by Michael A. Crew, Rutgers, The State University of New Jersey, Newark, US and Paul R. Kleindorfer, INSEAD, France and University of Pennsylvania, USThis compilation of original papers is authored by an international cast of economists, lawyers, regulators and industry practitioners addresses perhaps the most significant problem that has ever faced the postal sector – electronic competition from information and communication technologies. This has increased significantly over the last few years with a consequent serious drop in mail volume.

2012 360 pp Hardback 978 0 85793 581 6 £95.00 Elgaronline 978 0 85793 582 3Advances in Regulatory Economics series

Market Building through Antitrust NEW

Long-term Contract Regulation in EU Electricity MarketsAdrien de Hauteclocque, General Court of the European Union, LuxembourgThis timely book explores the role of EU antitrust policy in the creation of competitive, secure and sustainable energy markets in Europe. It addresses fundamental questions about the EU institutional constraints and their consequences on the ongoing dynamics of regulatory practice in energy at both the national and EU level. By mixing legal, political and economic perspectives, this volume will appeal to a wide range of readers from academia, regulatory and competition authorities as well as legal and consulting practices.

Feb 2013 c 240 pp Hardback 978 0 85793 773 5 c £69.95 Elgaronline 978 0 85793 774 2The Loyola de Palacio Series on European Energy Policy

ALSO OF INTEREST

Research Handbook on International Financial RegulationEdited by Kern Alexander and Rahul DhumaleSee page 5

Handbook of Central Banking, financial regulation and SupervisionEdited by Sylvester Eijffinger and Donato Masciandaro See page 5

Financial Risk Measurement and ManagementEdited by Francis X. Diebold See page 6

regulatory failure and the Global financial CrisisEdited by Mohamed Ariff, John H. Farrar and Ahmed M. Khalid See page 7




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INDUSTRIAL & LABOUR ECONOMICS CATALOGUEEmail: [email protected]


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and Theory of the firmEdited by Michael Dietrich, University of Sheffield, UK and Jackie Krafft, University of Nice–Sophia Antipolis, France and CNRS-GREDEG, France This unique Handbook explores both the economics of the firm and the theory of the firm, two areas which are traditionally treated separately in the literature. On the one hand, the former refers to the structure, organization and boundaries of the firm, while the latter is devoted to the analysis of behaviours and strategies in particular market contexts. The novel concept underpinning this authoritative volume is that these two areas closely interact, and that a framework must be articulated in order to illustrate how linkages can be created.

Contributors include: Z. Ács, M. Aglietta, C. Antonelli, M. Becker, M. Bellandi, M. Best, H. Bo, J.J. Bouma, H. Bouthinon-Dumas, T. Buchman, R. Carter, M. Casson, C. Cézanne, M. Cloodt, A. Coad, A. Colombelli, A. Correlje, L. De Propris, M. Dietrich, C. Driver, S.P. Dunn, P. Earl, N. Foss, M. Fransman, J.-L. Gaffard, J. Groenewegen, S. Guillou, J. Hagedoorn, G. Hanappi, G. Hodgson, W. Hölzl, G. Ietto-Gillies, A. Jolink, T. Knudsen, J. Krafft, W. Lazonick, S. Lechevalier, B. Loasby, F. Marty, L. Nesta, E. Niesten, B. Nooteboom, U. Pagano, P.P. Patrucco, A. Pyka, F. Quatraro, J.-L. Ravix, A. Rebérioux, A. Reinstaller, E. Salies, N. Stieglitz, M. Teubal, S. Toms, N. Wadeson, O. Weinstein, J. Wilson

Aug 2012 c 608 pp Hardback 978 1 84844 648 9 £165.00 Elgaronline 978 1 78100 240 7ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

The Transaction Cost NEW Economics ProjectThe Theory and Practice of the Governance of Contractual RelationsOliver E. Williamson, University of California, Berkeley, US and 2009 Winner of the Nobel Prize in Economics for Studies of Economic GovernanceTransaction cost economics has and continues to be a fruitful area of research. There is still much to be done in the field with past research being used in conjunction with the vast number of contractual phenomena that have yet to be investigated in transaction cost economics terms. New challenges are posed by the need to move beyond the design of new contractual instruments (such as financial derivatives) to include an examination of the lurking hazards that attend contract implementation.

Edited by a leading authority in the field, this important collection brings together Professor Williamson’s key papers on transaction cost economics. It will be of benefit to academics, scholars and practitioners with an interest in this progressive subject.

Jan 2013 c 432 pp Hardback 978 0 85793 875 6 c £75.00 Jan 2013 Paperback 978 0 85793 877 0 c £25.00 Elgaronline 978 0 85793 876 3

Handbook of Economic NEW OrganizationIntegrating Economic and Organization TheoryEdited by Anna Grandori, Bocconi University, ItalyThis comprehensive and groundbreaking Handbook succeeds in the laudable aim of integrating economic and organization theories to help elucidate the design and evolution of economic organization. Economic organization is regarded both as a subject of enquiry and as an emerging disciplinary field in its own right, integrating insights from economics, organization theory, strategy and management, economic sociology and cognitive psychology. The contributors, who share this integrated approach, are distinguished scholars at the productive apex in their fields. Each chapter not only addresses foundational issues and provides a state-of-the-art, but also offers original contributions and identifies key issues for future research.

Contributors include: N. Argyres, M. Blair, G. Bonifati, R. Burt, R. Burton, L. Feng, N. Foss, V. Goldberg, A. Grandori, G. Hendrikse, J.F. Hennart, G. Hodgson, A. Holl, B. Kaufman, P. Klein, P. Kriss, K. Lakhani, R. Lamastra, J.-E. Lane, R. Leoni, J. Mahoney, S. Masten, B. Obel, U. Pagano, J. Pencavel, P. Puranam, R. Rama, M. Raveendran, L. Sacconi, R. Sanchez, M. Tushman, M. Villani, R. Weber, J. Windsperger, T. Zenger

April 2013 c 600 pp Hardback 978 1 84980 398 4 c £165.00ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Service Sector Productivity NEW

Theories, Concepts and MeasurementsBirgitte Andersen, Birkbeck College, University of London, UK, Marva E. Corley, The International Institute for Labour Studies, Switzerland and Ian Miles, University of Manchester, UK This important new book offers a unique understanding of the problematic methodology underpinning services productivity measurements. The authors emphasize how conventional analysis is not able to capture the important economic impact and role of services to the economy, and provide an in-depth, systematic and thought-provoking overview of the theoretical and conceptual foundations of productivity measurements in services. They offer a more informed discussion by introducing new perspectives and combining theory with practical applications. Ultimately, they show how understanding the foundations of productivity measurements in the new globalizing service economy is critical in order to foster growth and the sustainable development of firms, industries and nations.


Industrial Policy NEW PB after the CrisisSeizing the FuturePatrizio Bianchi, Councillor for Education and Research of the Regional Government of the Emilia-Romagna region and Sandrine labory, University of Ferrara, Italy ‘This timely new book offers fresh insights into the scope and direction of industrial policy. With industrial policy “back on the agenda” in the wake of the crisis, this is a must-read for anyone interested in this important area of policy.’

– David Bailey, Coventry University Business School, UK


Free to Fail NEW

Why All Organizations Will Always Ultimately FailArjen van Witteloostuijn, Tilburg University, The Netherlands and Hugh C. van der Mandele, formerly of IWACO, Consultants for Water and EnvironmentThis book tackles one of the most fundamental questions in economics: Why are commercial organizations more efficient than organizations in the public domain? It is generally accepted that the traditional answer (the fact that commercial organizations maximize profits) does not necessarily hold true. Finding a solution to this anomaly, as this book attempts to do, should therefore be a prime concern in economics. The authors believe the answer lies in the fact that even in a completely stable environment, all organizations will eventually fail irreparably. Organizations operating in the market are more efficient because, once in decline, they are ‘free to fail’ and allowed to be disassembled or even replaced. Public organizations that fail are more often than not protected and allowed to continue even though their efficiency is questionable.

March 2013 c 130 pp Hardback 978 1 78195 314 3 c £65.00 Elgaronline 978 1 78195 315 0

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The International Library of Critical Writings in Economics series

The Economics of NEW organisation and BureaucracyEdited by Peter M. Jackson, University of Leicester, UKThis authoritative and in-depth collection presents seminal papers from leading academics in the field of organisation and bureaucracy. It encompasses sections on organisational boundaries, neo-Schumpeterian theories, hierarchy and international organisation, organisational culture and behaviour, power politics and authority as well as organisational institutions and practices. Professor Jackson has chosen works which have shaped the views of how the economics of organisation and bureaucracy are viewed today and has included papers from conflicting ends of the spectrum to illustrate the fluid and evolving nature of the subject. This indispensable volume, with an original introduction by the editor, will be of immense value to students, scholars and practitioners interested in this topical and relevant field.

87 articles, dating from 1776 to 2008 Contributors include: K. Arrow, R. Coase, O. Hart, B. Klein, J. Mirrlees, H. Simon, A. Smith, J. Stiglitz, D. Teece, O. Williamson

Three volume set feb 2013 c 2,148 pp Hardback 978 1 85898 444 5 c £690.00

Economic Analyses of Social networks NEW

Edited by Matthew O. Jackson, Stanford University, US and Yves Zenou, Stockholm University, SwedenThis comprehensive two-volume set brings together important contributions providing fundamental economic analyses of social networks and the central roles they play in many facets of our lives. The first volume consists of classic articles that model network formation and games on networks, as well as those on the identification of peer effects from an econometric viewpoint. The second volume provides empirical analyses of network effects on labor, education, development, crime and industrial organization, as well as some laboratory and field experiments.

60 articles, dating from 1975 to 2012 Contributors include: D. Acemoglu, Y. Bramoullé, A. Calvó-Armengol, M. Fafchamps, S. Goyal, M. Granovetter, R. Kranton, C. Manski, R. Myerson, L. Yariv

Two volume set Aug 2013 c 1,716 pp Hardback 978 1 78100 643 6 c £550.00

Mergers and Acquisitions NEW

Edited by J. Harold Mulherin, University of Georgia, US ‘This book offers a comprehensive collection of very serious work on mergers and acquisitions. The selection of articles in this collection reflects the skill and experience of Harold Mulherin, who has himself made several high quality contributions to this subject. I recommend the book to all who would like to know the best that has been written about mergers and acquisitions.’

– Harold Demsetz, University of California, Los Angeles, US

24 articles, dating from 2000 to 2012 Contributors include: M. Bradley, J. Harford, K. Lehn, M. Mitchell, J. Netter, G. Phillips, R. Roll, R. Stulz, R. Walkling

nov 2012 c 768 pp Hardback 978 1 78195 158 3 c £245.00

Chicago Price Theory NEW

Edited by J. Daniel Hammond, Wake Forest University, Steven G. Medema, University of Colorado, Denver and John D. Singleton, Duke University, USThe ‘Chicago Price Theory’ approach to economics has been credited with shedding light on many fundamental questions relating to traditional economics and renowned scholars including Milton Friedman, Frank Knight, George Stigler, Jacob Viner and others have each played a key role in the development of investigative techniques and methodologies. This comprehensive three-volume collection brings together the most important papers from leading economists published in the past 120 years covering a wide range of topics and issues. Along with an original introduction by the editors, this authoritative set will be of immense value to students, researchers, scholars and practitioners interested in ‘Chicago Price Theory’.

117 articles, dating from 1890 to 1994 Contributors include: A. Alchian, G. Becker, M. Friedman, A. Harberger, F. Knight, D. Patinkin, M. Reder, S. Rosen, G. Stigler, L Telser, J. Viner

Three volume set nov 2012 c 2,472 pp Hardback 978 1 84844 576 5 c £790.00


Competition, Diversity NEW and Economic PerformanceClem Tisdell, The University of Queensland, AustraliaThis book portrays theories that differ from the current static theory of economic efficiency which favours economic uniformity. Using evolutionary, dynamic and static contexts, Clem Tisdell shows how diversity and limits to the operation of competitive processes – such as dampened market reactions – can improve or hinder economic performance. The economic value of using markets and market-like mechanisms for improving the management of businesses and public bodies is also assessed in this informative book.

Feb 2013 c 224 pp Hardback 978 1 84720 746 3 c £65.00 Elgaronline 978 1 78100 239 1

Economic organization, Industrial NEW Dynamics and DevelopmentSelected EssaysGiovanni Dosi, Sant’Anna School of Advanced Studies, Pisa, ItalyCollecting together some of the author’s most important publications, this volume begins by offering several advances in the analysis of organizational structures and learning, thereby contributing to an emerging knowledge-centred theory of the firm and to a related theory of production. A second group of papers addresses questions surrounding the workings of markets, the importance of their institutional architectures, their effectiveness as selection devices, and the evolutionary patterns of demand formation. A third set of chapters continues the exploration of the characteristics, drivers and performance outcomes of industrial evolution. The fourth part of the book is a reassessment of the role of history and path dependence in evolutionary processes. Finally, Part five addresses both the empirics and the modelling of the processes of growth and development nested into underlying changes in technologies, firms and institutions.

nov 2012 c 732 pp Hardback 978 1 84720 913 9 c £145.00

Market Platforms, Industrial Clusters and Small Business DynamicsSpecialized Markets in ChinaDing Ke, IDE-JETRO, JapanSpecialized markets are a unique product of China’s economic transition. They are marketplaces located in industrial clusters, specializing in the wholesale of local commodities and related goods. Ding Ke reveals that, despite their seemingly primitive form, specialized markets appeared in many of the modern industrial sectors and were paradoxically upgraded and expanded as these clusters developed. He argues that specialized markets have also formed solid linkages with marketplaces in various cities in China and in other developing economies. A powerful, emerging market-oriented distribution system has thus appeared. Based on thorough fieldwork covering ten years, and using the novel theory of the platform, this book clarifies the unique development logic of specialized markets.

2012 256 pp Hardback 978 1 78100 627 6 £75.00 Elgaronline 978 1 78100 628 3In Association with the Institute of Developing Economies, JETRO





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Industries, Spillovers and Economic Performance Thijs ten raa, Tilburg University, The Netherlands and Edward n. Wolff, New York University, US Productivity growth is the main vehicle to increase the standard of living. This book explains the relationships between technological change, efficiency, productivity growth and performance. The emphasis is on the interplay between industries in modern economies. The book provides a broad yet in-depth input–output analysis of productivity growth by consolidating the papers of two esteemed inter-industry productivity experts.

Sept 2012 c 372 pp Hardback 978 1 78100 344 2 £95.00

International Yearbook of Industrial Statistics 2012United nations Industrial Development Organization, Vienna, AustriaAcclaim for previous editions:

‘The UNIDO International Yearbook of Industrial Statistics is now a classic reference. . . which constitutes a unique statistical tool for analyzing the world industry and aims at facilitating the comparison of industrial systems. The different editions of the Yearbook provide a unique statistical tool for analyzing the world industry.’

– Revue d’Economie Industrielle / Industrial Economics Review

2012 816 pp Hardback 978 0 85793 624 0 £190.00 Elgaronline 978 1 78100 241 4International Yearbook of Industrial Statistics seriesIn Association with United Nations Industrial Development Organization (UNIDO)

International Yearbook of Industrial NEW Statistics 2013United nations Industrial Development organization, Vienna, AustriaAcclaim for previous editions:

‘UNIDO has done well to bridge gaps in information noticed so far in industrial statistics worldwide and its companionship and usefulness will be realised by all users of this documentation in governmental, industrial and academic circles, as a must on every working desk. Its reliability is fully backed up by authoritative analysis.’

– Rajinder Kunmar, Marketing and Management News

A unique and comprehensive source of information, this book is the only international publication providing economists, planners, policymakers and business people with worldwide statistics on current performance and trends in the manufacturing sector.

Feb 2013 c 816 pp Hardback 978 1 78195 564 2 c £190.00 Elgaronline 978 1 78195 565 9International Yearbook of Industrial Statistics series In Association with United Nations Industrial Development Organization (UNIDO)

Industrial Productivity in EuropeGrowth and CrisisEdited by Matilde Mas, University of Valencia and Valencian Institute of Economic Research (Ivie), Spain and Robert Stehrer, The Vienna Institute for International Economic Studies (wiiw), AustriaThis book analyzes growth at the total economy and industry level from an international perspective, providing unique cross-country comparisons.

The authors focus on the EU-25 countries but also include the US, Japan and Korea. The chapters explore growth patterns from a long-run perspective, although greater attention is paid to the period of expansion from 1995–2007 and the post 2008 period of crisis. Each contribution builds on a common methodology based on a detailed database providing a high degree of disaggregation with respect to the industries and factors accounting for growth. The role played by ICT is expertly emphasized, in particular the different paths followed in the US and the EU.


The Economics of Services NEW Microfoundations, Development and Policy, Second EditionJan Owen Jansson, Linköping University, Sweden Acclaim for the first edition:

‘This is a well-written, provocative book, featuring much new material, original data analyses and interesting insights. Despite the proliferation of books on various aspects of services, there is nothing quite like it around. In particular, examination of the challenges that the growth of services presents to conventional economics is very valuable.’

– Ian Miles, University of Manchester, UK

This is a fully revised and updated textbook in the neglected field of service economics. The volume consists of four parts: I. The service economy in perspective; II. Microfoundations; III. The key role of urbaniztion; and IV. Public policy towards services. In the last section, the author proves how a better understanding of the nature of the service economy is necessary for policy innovation with a view to regenerating the welfare state.


Governance and family firmsEdited by Julio Pindado and Ignacio requejo, Universidad de Salamanca, Spain‘For family firms – big and small – designing an appropriate system of governance represents a perennial challenge. The compilation of articles in this book offer some of the most rigorous and relevant research relative to governance conducted in the past decade. Furthermore, it includes a wide variation of journals that offer rich and multidisciplinary views on the topic. An indispensable reference for everyone interested in the topic of family firms and/or governance!’

– Lloyd Steier, University of Alberta School of Business, Canada

30 articles, dating from 2003 to 2010 Contributors include: R.C. Anderson, L.R. Gomez-Mejia, D. Miller, R. Morck, F. Perez-Gonzalez, D.M. Reeb, A. Shleifer, B. Villalonga, P. Westhead, D. Wolfenzon

Series no. 13 2012 816 pp Hardback 978 0 85793 746 9 £265.00Corporate Governance in the New Global Economy seriesFull contents – www.e-elgar.com

RESEARCH COLLECTION

ALSO OF INTEREST

Microeconomics of Interactive EconomiesEdited by Wolfram ElsnerSee page 1

Strategy, Innovation and the Theory of the firmBy David J. TeeceSee page 13

World Statistics on Mining and UtilitiesBy United nations Industrial Development organization See page 27




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INNOVATION, TECHNOLOGY & KNOWLEDGE MANAGEMENT CATALOGUEEmail: [email protected]


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Public–Private Innovation NEW networks in ServicesEdited by faïz Gallouj, University of Lille 1, France, Luis Rubalcaba, University of Alcalá, Madrid, Spain and VTT and Paul Windrum, Nottingham University Business School, UKThis book is devoted to a particular kind of innovation network, which is developing in service economies, namely public-private innovation networks in services. Such networks involve collaborations between public and private service organisations in the field of technological and non-technological innovation. They differ from both public-private partnerships (PPPs) and traditional innovation networks. Based on an in-depth empirical investigation carried out in different countries and service sectors, this book addresses their very nature, their mode of functioning and their relationship with public policy.

May 2013 c 320 pp Hardback 978 1 78100 265 0 c £75.00 Elgaronline 978 1 78100 266 7

Inverse InfrastructuresDisrupting Networks from BelowEdited by Tineke M. Egyedi and Donna C. Mehos, Delft University of Technology, The Netherlands‘The traditional analysis of infrastructure networks has provided the conceptual rationalization for centralized monopolies for a century. In recent years, liberalization has shown that much wider participation can be beneficial. Innovative development in decentralized networks can be driven from below if government policies permit it, as vividly demonstrated by the Internet. This book contributes to a much needed exploration into the characteristics and implications of decentralized networks being driven from below, introducing new perspectives on the conception and analysis of infrastructure networks.’

– William H. Melody, Aalborg University, Denmark and Delft University of Technology, The Netherlands

The notion of inverse infrastructures – that is, bottom-up, user-driven, self-organizing networks – gives us a fresh perspective on the omnipresent infrastructure systems that support our economy and structure our way of living. This fascinating book considers the emergence of inverse infrastructures as a new phenomenon that will have a vast impact on consumers, industry and policy.


The Economics TEXTBOOK of InnovationAn IntroductionG.M. Peter Swann OBE


Strategy, Innovation and NEW the Theory of the firmDavid J. Teece, University of California, Berkeley and Berkeley Research Group, USDavid Teece is one of the leading thinkers on issues of strategic management, particularly the importance of dynamic capabilities for organizations in industries undergoing change. This collection of his papers explores ideas of both theoretical and practical significance. Topics addressed include the development and elaboration of the dynamic capabilities framework, with an emphasis on the orchestration of resources both inside and outside the firm to capture value. Another area of focus is the theoretical and conceptual understanding of the essence of the firm. In an era of global specialization, mainstream theories about contracts and production functions fall short of the reality that managers confront every day. David Teece’s understanding of these realities is well reflected and clearly articulated in this book.


Competing Through Innovation NEW

Technology Strategy and Antitrust PoliciesDavid J. Teece, University of California, Berkeley and Berkeley Research GroupThis cohesive collection brings together David Teece’s most important work on the nexus of innovation and competition. The author brings his expertise to bear on such topics as: antitrust policy, theory and application; technology strategies; and market power and intellectual property issues. Adding to the book’s value is a recent, original paper on competition policy.


Innovation, Global Change and Territorial ResilienceEdited by Philip Cooke, University of Wales, Cardiff, UK, Mario Davide Parrilli, Basque Institute of Competitiveness, Orkestra and University of Deusto, San Sebastian and Bilbao and José Luis Curbelo, Basque Institute of Competitiveness, Orkestra, San Sebastian, Spain‘Innovation, Global Change and Territorial Resilience is indeed a timely contribution addressing the challenges that the global economy poses for local, regional and national economies. In the current situation, resilience is instrumental and innovation is the key mechanism to get there. In this volume, an impressive line-up of international authorities in the field – from across Europe and beyond – present highly valuable insights, models and hypotheses on innovation dynamics and activities in current day economics, as well as policy analysis and advice.’

– Anders Malmberg, Uppsala University, Sweden

2012 c 512 pp Hardback 978 0 85793 574 8 £125.00 Elgaronline 978 0 85793 575 5New Horizons in Regional Science series

Technology Market TransactionsAuctions, Intermediaries and InnovationFrank Tietze, Christian-Albrechts-University of Kiel, Germany‘From this book, managers, academics and innovation policy makers will all benefit from new insights into the complex relationships between external technology exploitation strategies, patents, technology trade and open innovation processes. The convincing evidence – drawn from a dataset of technology auctions – helps firms to understand which of their patents are suitable for auction, and also provides guidance to intermediaries to help improve the auction models. The data presented in this book contributes to further price transparency on technology markets and hence to their further development.’

– Hugo Tschirky, ETH Zurich, Switzerland


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The Theory and NEW PB Practice of Innovation PolicyAn International Research HandbookEdited by Ruud E. Smits, Utrecht University, Stefan Kuhlmann, University of Twente, The Netherlands and Philip Shapira, University of Manchester, UK and Georgia Institute of Technology, US ‘This Handbook is a most helpful guide both for scholars and for experts in charge of innovation policy. It takes a systemic approach, recognising the importance of learning processes including policy learning. It documents the close interaction between analytical work on innovation and the formulation and implementation of innovation policy. The list of authors includes leading experts from Europe and the US, and the topics span from research policy and intellectual property rights to military innovation and technology assessment. The introduction and the final chapter bring together the contributions in a common framework and raise pertinent questions about the role of national innovation policy strategies in relation to globalisation and the current financial crisis.’

– Bengt-Åke Lundvall, Aalborg University, Denmark

2010 496 pp Hardback 978 1 84542 848 8 £150.00 2012 Paperback 978 1 84980 444 8 £35.00 Elgaronline 978 1 84980 442 4PRIME Series on Research and Innovation Policy in EuropeElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Handbook of NEW PB Research on Innovation and EntrepreneurshipEdited by David B. Audretsch, Indiana University, Bloomington, US and Otto Beisheim School WHU, Germany, Oliver Falck, University of Munich, Germany, Stephan Heblich, University of Stirling, UK and Adam lederer, DIW Berlin, GermanyLeading researchers use their outstanding expertise to investigate various aspects in the context of innovation and entrepreneurship such as growth, knowledge production and spillovers, technology transfer, the organization of the firm, industrial policy, financing, small firms and start-ups, and entrepreneurship education as well as the characteristics of the entrepreneur.

Contributors: Z.J. Acs, P. Aghion, D.B. Audretsch, G. Avnimelech, W.J. Baumol, W. Bönte, P. Braunerhjelm, U. Cantner, B. Carlsson, M. Dejardin, G. Duranton, A. Eisingerich, O. Falck, M.P. Feldman, K. Fogel, M. Fritsch, R. Gold, M. Guerzoni, D. Harhoff, S. Heblich, R.A. Jensen, M. Keilbach, W.R. Kerr, I.M. Kirzner, A. Kleinknecht, T. Kretschmer, K. Lee, A.N. Link, W. McCumber, R. Nanda, N. Nicolaou, B. Nooteboom, S.C. Parker, G. Pellegrino, M. Piva, S. Prantl, C.F. Sabel, A. Saxenian, S. Shane, D.S. Siegel, D.F. Spulber, E. Stam, G. van der Panne, M. van Praag, M. Vivarelli, C.W. Wessner


Handbook of Regional Innovation and GrowthEdited by Philip Cooke, University of Wales, Cardiff, UK, Bjørn Asheim, Lund University, Sweden and University of Agder, Norway, Ron Boschma, Utrecht University, The Netherlands, Ron Martin, University of Cambridge, UK, Dafna Schwartz, Ben-Gurion University of the Negev, Israel and Franz Tödtling, University of Economics and Business, Austria Today, economic growth is widely understood to be conditioned by productivity increases which are, in turn, profoundly affected by innovation. This volume explores these key relationships between innovation and growth, bringing together experts from both fields to compile a unique Handbook.

Contributors: M. Abreu, E.S. Andersen, Y. Aoyama, B. Asheim, S. Bagchi-Sen, M. Bellandi, F. Belussi, R. Boschma, N. Bosma, S. Breschi, R. Capello, C. Carrincazeaux, J.L. Christensen, P. Cooke, M. Coris, O. Crevoisier, L. De Propris, A. Eriksson, D. Felsenstein, A. Frenkel, K. Frenken, E. Giuliani, V. Harmaakorpi, M. Heidenreich, R. Horner, S. Iammarino, A. Isaksen, A. James, M. Klofsten, K. Koschatzky, A. Lagendijk, L. Lazzeretti, E. Malecki, R. Martin, H. Melkas, C. Nauwelaers, S. Öberg, P. Prud’homme van Reine, S. Ptak, S. Rosenfeld, V. Schutjens, D. Schwartz, D. Shefer, J. Simmie, E. Stam, M. Steiner, P. Sunley, G. Tichy, F. Tödtling, M. Trippl, T. Tura, E. Vatne, D. Wolfe


Handbook of Innovation NEW Indicators and MeasurementEdited by Fred Gault, UNU MERIT, The Netherlands and Tshwane University of Technology, South AfricaThis Handbook looks at indicators and statistical measurement related to innovation as defined in the OECD/Eurostat Oslo Manual. It deals with the development and the use of innovation indicators to support decision making and it is written by authors who are practitioners, who know what works and what does not. The book is written for practitioners and others who are looking at the development of indicators to satisfy future policy needs.

June 2013 c 560 pp Hardback 978 0 85793 364 5 c £155.00 Elgaronline 978 0 85793 365 2ElGAr orIGInAl rEfErEnCE

Managing Open InnovationConnecting the Firm to External KnowledgeAndré Spithoven, Belgian Science Policy Office and Vrije Universiteit Brussel, Peter Teirlinck, Hogeschool-Universiteit Brussel and Vrije Universiteit Brussel and Dirk Frantzen, Vrije Universiteit Brussel, Belgium‘Research on open innovation has developed exponentially in the last five years, but strong empirical evidence on several research questions is still lacking. The authors offer, via detailed large scale empirical research, interesting answers on how to manage open innovation and how to shape policy conditions that lead to more open innovation.’

– Wim Vanhaverbeke, University of Hasselt, Belgium


ALSO OF INTEREST

Public Investments in Energy TechnologyBy Michael P. Gallaher, Albert n. link and Alan C. o’ConnorSee page 19

Innovation and Institutional Embeddedness of Multinational CompaniesEdited by Martin HeidenreichSee page 26

Law and Economics of InnovationEdited by Eli M. SalzbergerSee page 38

Economic Development as a Learning ProcessEdited by Franco Malerba and richard r. nelsonSee page 42

Crisis, Innovation and Sustainable DevelopmentEdited by Blandine laperche, nadine levratto and Dimitri UzunidisSee page 42

Building national and regional Innovation SystemsBy Jorge niosiSee page 44

Cycles, Crises and InnovationBy Jerry CourvisanosSee page 46




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The Economics of Gambling and national lotteries Edited by Leighton Vaughan Williams, Nottingham Trent University, UKIn recent years there has been a substantial global increase in interest in the study of gambling. To some extent this has mirrored seismic changes in the way that betting and gaming markets worldwide are taxed and regulated. This has heightened interest in a wide range of issues related to this sector including its regulation, public policy and commercial strategy as well as the ideal structure of gambling taxes and devising optimal responses to environmental changes, such as the growth of online gambling. This volume, by bringing together the work of leading scholars, will cover the spectrum of such perspectives, as well as examining the efficiency of betting markets, to provide an assessment of developments and current understanding in the study of the economics of gambling. This timely collection will be an immensely valuable resource for academics, policy-makers, those commercially involved in the betting and gaming sectors as well as the interested layman.

40 articles, dating from 1949 to 2010 Contributors include: W.R. Eadington, D. Forrest, J.E.V. Johnson, S. Levitt, D. Paton, D. Peel, D. Siegel, M.A. Smith, M. Sung, W. Ziemba


Recent Developments NEW in the Economics of TourismEdited by larry Dwyer, University of New South Wales, Australia and neelu Seetaram, Bournemouth University, UKThis two-volume work comprises a selection of seminal articles published over the past decade that have significantly advanced the study of tourism economics. The papers have been selected for their theoretical contributions as well as their contribution to informed policy making. Volume I comprises articles representing advances in the areas of demand modelling, forecasting, supply, pricing, taxation and the environment. Volume II comprises articles which make advances in the areas of tourism and economic growth, trade, development, impacts and destination competitiveness. This authoritative collection, along with an original introduction by the editors, will have particular appeal to university instructors, researchers, graduate students and tourism economists in private sector and policy-making organisations.

74 articles, dating from 2000 to 2011 Contributors include: A. Blake, R. Durbarry, P. Forsyth, G. Li, J.-J. Nowak, A. Papatheodorou, M. Sahli, T. Sinclair, H. Song, L. Turner, S. Wanhill

Two volume set Sept 2013 c 1,080 pp Hardback 978 1 78195 226 9 c £345.00

The Regional Economics NEW of Knowledge and TalentLocal Advantage in a Global ContextEdited by Charlie Karlsson, Jönköping International Business School, Jönköping University, Blekinge Institute of Technology, Sweden and European Regional Science Association, Börje Johansson, Jönköping International Business School, Jönköping University and Royal Institute of Technology, Stockholm, Sweden and Roger R. Stough, George Mason University, US ‘The Regional Economics of Knowledge and Talent, edited by Charlie Karlsson, Börje Johansson and Roger R. Stough brings together a wide range of cutting-edge studies and research on the role of talent in regional development. It is an important addition to our understanding of how knowledge, human capital, and talent shape the development of cities and regions across the globe.’

– Richard Florida, University of Toronto, Canada

Aug 2012 c 400 pp Hardback 978 1 84844 328 0 £105.00 Elgaronline 978 1 78195 354 9New Horizons in Regional Science series

foundations of the Knowledge EconomyInnovation, Learning and ClustersEdited by Knut Ingar Westeren, Nord-Trøndelag University College, NorwayThis book presents new evidence concerning the influential role of context and institutions on the relations between knowledge, innovation, clusters and learning.

From a truly international perspective, the expert contributors capture the most interesting and relevant aspects of knowledge economy.


Building Prosperous Knowledge CitiesPolicies, Plans and MetricsEdited by Tan Yigitcanlar, Queensland University of Technology, Australia, Kostas Metaxiotis, University of Piraeus, Greece and Francisco Javier Carrillo, Tecnologico de Monterrey, MexicoThis unique book reveals the procedural aspects of knowledge-based urban planning, development and assessment. Concentrating on major knowledge city building processes, and providing state-of-the-art experiences and perspectives, this important compendium explores innovative models, approaches and lessons learnt from a number of key case studies across the world.


Regulation and the Performance of Communication and Information networksEdited by Gerald R. Faulhaber, University of Pennsylvania, US, Gary Madden and Jeffrey Petchey, Curtin University, Australia‘Due to their economic characteristics and also to their consequences on many aspects of collective life, information networks have always been at the edge of regulatory innovations and at the center of policy debates. The contributors of this volume combine long term visions of the factors determining regulatory policies with up-to-date analyses of technicalities to be dealt with, to provide the reader with an extended understanding of the issues and constraints shaping the future of digital networks.’

– Eric Brousseau, Université Paris-Dauphine, France and the European University Institute, Italy


RESEARCH COLLECTIONSThe International Library of Critical Writings in Economics series


ALSO OF INTEREST

The Geography of the InternetBy Emmanouil TranosSee page 28




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Handbook of Research Methods in TourismQuantitative and Qualitative ApproachesEdited by larry Dwyer, University of New South Wales, Australia, Alison Gill, Simon Fraser University, Canada and neelu Seetaram, Bournemouth University, UK‘This is an excellent book which significantly contributes to tourism research and education. It takes a rigorous yet readable style to address twenty five of the most pertinent quantitative and qualitative techniques applied in tourism research. The book will appeal to a wider readership of social scientists as well as to scholars of tourism as each chapter provides a thorough overview and explanation of the techniques irrespective of their tourism application.’

– Dimitrios Buhalis, Bournemouth University, UK

Contributors include: K.M. Adams, E. Ahmed, A. Apostolakis, S. Cang, C. Cater, S. Divisekera, D. Dredge, L. Fredline, E. Foemmel, U. Gretzel, R. Hales, G. Jennings, O. Junek, H. Kennedy-Eden, L. Killion, G. Kyle, J. Lee, Z. Lei, G. Li, T. Low, N. McGehee, C. Morley, A. Papatheodorou, G. Peng, S. Petit, T. Pham, C. Polo, N.F. Ribeiro, J. Rossello, C.A. Santos, C. Shim, S. Stepchenkova, H. Song, D.J. Timothy, L.W. Turner, E. Valle, C. Vu, S.F Witt

2012 c 528 pp Hardback 978 1 78100 128 8 £145.00 Elgaronline 978 1 78100 129 5ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Cultural CommonsA New Perspective on the Production and Evolution of CulturesEdited by Enrico Bertacchini, Giangiacomo Bravo, Università di Torino, Massimo Marrelli, Università di Napoli and Walter Santagata, Università di Torino, Italy ‘The concept of the commons as a shared resource capable of yielding collective benefits to people is a well-established one in the social sciences, but its extension to jointly-owned cultural resources is relatively new. This pioneering book explores the idea of a cultural commons as it can be applied in a wide range of areas, including landscapes, art and design, gastronomy, heritage, the performing arts and the online world. Although the book’s chapters are written mainly from the perspective of cultural economics, the scope of the volume is truly interdisciplinary. The book is more than just a comprehensive introduction to the topic. It is also a source of original ideas that will act as a stimulus to further research in the field.’

– David Throsby, Macquarie University, Australia

2012 c 272 pp Hardback 978 1 78100 005 2 £70.00 Elgaronline 978 1 78100 006 9

nature-based Tourism and ConservationNew Economic Insights and Case StudiesClem Tisdell, The University of Queensland and Clevo Wilson, Queensland University of Technology, Australia‘In today’s world, even nature seems to have to pay its own way. Nature-based Tourism and Conservation provides detailed real-life examples of how this is working in various parts of the world, from rainforests to Antarctica, and how the tradeoffs can best be measured. Clem Tisdell and Clevo Wilson provide a unique economic perspective to the various issues involved, providing practical illustrations of how others can incorporate the various ways of considering costs and benefits when deciding how to define the role nature-based tourism when planning conservation measures. This book will be useful to a wide range of audiences, from national protected area agencies to private land-owners who are establishing their own nature-based tourism enterprises.’

– Jeffrey McNeely, International Union for Conservation of Nature, Switzerland


International Handbook on the Economics of Mega Sporting EventsEdited by Wolfgang Maennig, University of Hamburg, Germany and Andrew Zimbalist, Smith College, USFrom the Olympics to the World Cup, mega sporting events are a source of enjoyment for tens of thousands of people, but can also be a source of intense debate and controversy. This insightful Handbook addresses a number of central questions, including: How are host cities selected and under what economic conditions? How are these events organized, and how is local resistance overcome? Based on historical and empirical experience, what are the pitfalls for the organizers of these events? What are the potential economic benefits, including any international image effects? How can the costs be minimized and the benefits maximized for host cities and countries? How do these mega events impact the challenges of globalization and what is their environmental legacy?

Contributors: G.M. Ahlfeldt, G. Andranovich, W. Andreff, R.A. Baade, O. Bass, R. Baumann, U. Bob, D. Brown, M.J. Burbank, R. Burton, A. Cartwright, A. Ceballos, D.M. Chin, D. Coates, L.M. de Melo, S. du Plessis, N. Eber, B. Engelhardt, A. Feddersen, R. Flores, D. Forrest, Y. Guo, C.H. Heying, Y. Hou, B.R. Humphreys, G. Kavetsos, S. Kesenne, R.H. Koning, J.G. Long, W. Maennig, B. Majumdar, V.A. Matheson, I.G. McHale, N. Mehta, N. O’Reilly, M. Ölschläger, P.K. Porter, A.R. Sanderson, I. Sanz, J. Schokkaert, B. Séguin, S. Shmanske, E. Sterken, B. Süssmuth, K. Swart, J.F.M. Swinnen, S. Szymanski, J.D. Tena, R. Tomlinson, H. van Egteren, T. Vandemoortele, C. Zhou, A. Zimbalist


An Economic Analysis NEW of Professional SportsAn International PerspectiveJohn Mangan, University of Queensland, Australia Increasingly it is recognised that sport, especially professional sport, is a rich area for economic analysis. The book sets out to explain the economic factors behind the growth and development of professional sport and sports leagues, and to demonstrate how economic analysis may be used to investigate the behaviour of the main stakeholders in the industry. The book does not only use examples to illustrate microeconomic principles but also aims to provide a comprehensive economic explanation of the development and conduct of professional sports and sporting leagues.

Feb 2013 c 160 pp Hardback 978 1 84720 209 3 c £65.00New Horizons in the Economics of Sport seriesElGAr orIGInAl rEfErEnCE • full contents – www.e-elgar.com




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Handbook on the Economics NEW of reciprocity and Social EnterpriseEdited by Stefano Zamagni, University of Bologna and Johns Hopkins University, Bologna Center and Luigino Bruni, University of Milano–Bicocca, Italy The recent era of economic turbulence has generated a growing enthusiasm for new economic insights, and this stimulating and thought-provoking Handbook encourages and supports this growth. Original contributions from key experts particularly emphasise new categories in economics discourse, such as reciprocity, gift and civil economy, which are especially relevant in this time of crisis for financial capitalism. This comprehensive Handbook acknowledges and illustrates that markets and firms can be civilizing forces, when and if they are understood as expressions of cooperation and civil virtues.

Contributors include: R. Abramovay, H. Alford, A. Andreoni, A. Argandoña, A. Barrera, L. Becchetti, N. Bellanca, E. Bortoluzzi Dubach, C. Borzaga, L. Bouckaert, S. Bowles, A. Brandolini, A. Caillè, J. Davis, J. Defourny, L. Faulk, B. Frey, H. Gintis, L. Gold, B. Gui, A. Habisch, S. Hargreaves-Heap, D. Jones, P. Kalmi, E. Khalil, S. Kolm, C. Loza Adaui, J. Mercier Ythier, S. Neckermann, V. Negri, A. Offer, A. Pabst, G.R. Pearce, V. Pelligra, P.L. Porta, P.L. Sacco, L. Sacconi, A. Smerilli, A.J. Uelmen, P. Vanin, B.M. Wilson, L. Zarri, D.J. Zizzo

March 2013 c 500 pp Hardback 978 1 84980 463 9 c £145.00 Elgaronline 978 1 84980 474 5ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Principles of Public Economics TEXTBOOK

A Public Choice ApproachFrancesco Forte, University of Rome ‘La Sapienza’, Italy‘A long professional and personal association with Francesco Forte accustoms one to the extraordinary breadth of his knowledge, understanding and original thinking not only on economic but also legal and political questions. Principles of Public Economics displays all these estimable qualities to the full, adding for good measure a style and content that must attract both student and savant alike.’

– Sir Alan Peacock, Heriot-Watt University, UK


Handbook on the Theory NEW and Practice of Program EvaluationEdited by Albert n. link, University of North Carolina at Greensboro, US and Max Planck Institute on Entrepreneurship, Growth and Public Policy, Jena, Germany and nicholas S. Vonortas, The George Washington University, US‘Theoretical and empirical research on program evaluation has advanced rapidly in scope and quality. A concomitant trend is increasing pressure on policymakers to show that programs are “effective.” Now is the time for a comprehensive status report on state-of-the-art research and methods by leading scholars in a variety of disciplines on program evaluation. This outstanding collection of contributions will serve as a valuable reference tool for academics, policymakers, and practitioners for many years to come.’

– Donald S. Siegel, University at Albany, SUNY, US

Contributors include: S. Arvanitis, B. Bozeman, I. Feller, D.O. Gray, D. Hicks, J.E. Jankowski, G.B. Jordan, Albert N. Link, J.D. Linton, A.C. O’Connor, R. Ruegg, J.T. Scott, N.S. Vonortas

Feb 2013 c 320 pp Hardback 978 0 85793 239 6 c £115.00 Elgaronline 978 0 85793 240 2ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Handbook on the Economics of LeisureEdited by Samuel Cameron, University of Bradford, UKThis interdisciplinary Handbook combines both mainstream and heterodox economics to assess the nature, scope and importance of leisure activities. A wide ranging body of international scholars get to grips with the core issues and expertly apply economics to some usually neglected topics, such as boredom and sleeping, work–life balance, dating, tourism, health and fitness, sport, video games, social networking, music festivals and sex.

Contributors: V. Ateca-Amestoy, G. Bakker, A. Balestrino, S. Banerjee, G. Black, S. Cameron, A. Collins, A. Cooke, J. Cox, L. David, G. Doyle, P.E. Earl, V.G. Fitzsimons, V. Flambard, M. Fox, S. Hussels, K. Jackson, G. Larsen, L.J.A. Lenten, L. Mintz, D. O’Reilly, D. Paton, T.-C. Peng, R.K. Pillania, S. Scott, A.B. Trigg, N. Vaillant, D.L. Wheeler, F.-C. Wolff


Handbook on the NEW Economics of Cultural HeritageEdited by Ilde Rizzo and Anna Mignosa, University of Catania, Italy The Handbook on the Economics of Cultural Heritage outlines the contribution of economics in designing cultural heritage policies and in addressing the issues related to the conservation and enhancement of heritage. Taking into account the peculiarities of heritage, where cultural and economic values co-exist, the Handbook offers a multidisciplinary approach, showing how challenging though crucial the dialogue across disciplines can be.

Feb 2013 c 500 pp Hardback 978 0 85793 099 6 c £145.00 Elgaronline 978 0 85793 100 9ElGAr orIGInAl rEfErEnCE

Handbook on the Economics NEW of Women’s SportsEdited by Michael A. leeds, Temple University and Eva Marikova Leeds, Moravian College, USThis Handbook presents economic analyses of women’s sports, a neglected field in sports economics. It begins with an overview of women’s attitudes toward sport as participants and consumers, and it goes on to investigate rewards and performance in several professional sports. The contributors address such issues as how female athletes invest in human capital and how they respond to economic contests. Further chapters consider how women perform as students, athletes, and coaches in intercollegiate sports.

Contributors include: S. Averett, D. Berri, R. Booth, R. Brown, X. Che, D. Coates, J. Congdon-Hohman, S. Estelle, E. Fairweather, B. Frick, K. Gilsdorf, B. Humphreys, T. Jewell, J.H. Kang, A. Krautmann, Y. Lee, Y.H. Lee, E.M. Leeds, M. Leeds, R. Levy, V. Matheson, S. Montgomery, I. Park, M. Robinson, R. Rodenberg, F. Scheel, S. Shmanske, J. Stull, V. Sukhatme, J. Treber, P. von Allmen

Feb 2013 c 512 pp Hardback 978 1 84980 938 2 c £145.00 Elgaronline 978 1 84980 939 9ElGAr orIGInAl rEfErEnCE

The Econometrics of Sport NEW

Edited by Plácido Rodríguez, University of Oviedo, Spain, Stefan Késenne, University of Antwerp and Catholic University of Leuven, Belgium and Jaume García, Universitat Pompeu Fabra, SpainThis important new book focuses on the empirical and theoretical analysis of sports economics and econometrics. Including contributions by many of the leading experts in the field, the authors address four central themes, namely, competitive balance, labour relations, attendance and demand, and the economic impact of sport on the community.

Jan 2013 c 240 pp Hardback 978 1 78100 285 8 c £69.95 Elgaronline 978 1 78100 286 5New Horizons in the Economics of Sport series




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The Political Economy of Ageing NEW and Later Life: Critical PerspectivesEdited by Alan Walker and Tony Maltby, University of Sheffield, UK This timely new collection presents the most important and influential articles and papers on ageing and later life of the past half century. The editors examine policy creation and implementation, practice and critical gerontology including both feminist and international perspectives. Including an original introduction and key works not available in scholarly libraries, this is a critical assembly of work and will be of immense assistance to anyone looking to understand the consequences of our ageing population on society.

30 articles, dating from 1963 to 2010 Contributors include: M. Bury, C.L. Estes, W. Graebner, J. Harrison, E. Kockeis, J.A. McMullin, C. Phillipson, L. Rosenmayr, P. Townsend, G. Wilson

Feb 2013 c 600 pp Hardback 978 1 84376 248 5 c £190.00Full contents – www.e-elgar.com

Contingent ValuationA Comprehensive Bibliography and HistoryRichard T. Carson, University of California, San Diego, US and University of Technology, Sydney, Australia‘For those of us who have been involved in willingness to pay studies for some time, Contingent Valuation is a fascinating read, tracking the early development of the method and debates around it from an insider’s perspective. As someone who has not only been involved in contingent valuation research over many years, but who has also been instrumental in shaping it, Richard Carson is the ideal author of this carefully crafted book. . . it is likely to be of considerable interest to students and scholars working in the fields of cultural economics as well. The section on the historical development of contingent valuation gives an interesting insider view of the theory and application of this now-widespread valuation method. The bibliography itself, in both its printed and electronic formats, is a gift to anyone working in the area and is likely to be a key resource for many years to come.’

– Jen Snowball, Journal of Cultural Economics


Public Microeconomics Efficiency and Equity in Public PolicyJoaquim Silvestre, University of California, Davis, US This book contains a concise, simple, yet precise discussion of externalities, public goods and insurance. Rooted in the first fundamental theorem of welfare economics and in noncooperative equilibrium, it employs elementary calculus. The book presents established theory in novel ways, and offers the tools for the application of the social welfare criteria of efficiency and equity to environmental economics, networks, bargaining, political economy, and the pricing of public goods and public utilities.

2012 224 pp Hardback 978 0 85793 207 5 £65.00 e 978 0 85793 208 2

Cost–Benefit Analysis and Distributional PreferencesA Choice Modelling ApproachHelen Scarborough, Deakin University and Jeff Bennett, The Australian National University, Canberra, AustraliaAdvancing the incorporation of equity preferences in policy analysis, this book demonstrates the application of choice modelling to the estimation of distributional weights suitable for inclusion in a cost–benefit analytical framework. A platform for discussion of the challenges and opportunities of this approach is presented in the form of a detailed case study designed to estimate community preferences for different intergenerational distributions. While the case study is focused on natural resource management and environmental policy, the conceptual and methodological advances illustrated by the authors are relevant and applicable to a wider array of policy deliberations.


Choice Modelling NEW

The State of the Art and the State of PracticeEdited by Stephane Hess and Andrew Daly, University of Leeds, UKThis valuable new book contains leading contributions from academics and practitioners from across the different areas of study where choice modelling is a key analytical technique. The unique mix of theoretical and applied chapters will be of immense value to anyone interested in the subject.


The Economics of Evaluation in Public ProgramsEdited by Albert n. link, University of North Carolina at Greensboro, US and John T. Scott, Dartmouth College, US This research collection illustrates the wide range of methodologies and methods available for the evaluation of public programs. All these methods address the benefits of the programs and most compare the benefits to costs, but the types of benefits and their measures vary greatly across the studies and across the different types of public programs. The key articles presented here explore these different approaches and offer many examples of actual evaluations of public programs across different public policy settings.

28 articles, dating from 1958 to 2010 Contributors include: W.J. Baumol, B. Bozeman, R.W. Fogel, L. Georghiou, Z. Griliches, A. Sen, G. Tassey, B.A. Weisbrod

Series no. 258 2011 552 pp Hardback 978 0 85793 341 6 £175.00The International Library of Critical Writings in Economics seriesFull contents – www.e-elgar.com

The Welfare TEXTBOOK Economics of Public PolicyA Practical Approach to Project and Policy Evaluation Richard E. Just, Darrell L. Hueth and Andrew Schmitz


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Introduction to Cost–Benefit AnalysisBy Ginés de RusSee page 1




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Health Care, the Market and Consumer ChoiceAlain C. Enthoven, Stanford University, USIn this well-documented book, Alain Enthoven develops the ideas of consumer choice and managed competition of alternative health care financing and delivery systems, as well as describing ways to improve quality and reduce the cost of health care. He demonstrates how these ideas could be applied in the American employment-based health insurance model, how similar ideas have been introduced in the British National Health Service; how these ideas have been applied in the Netherlands; and the need for integrated comprehensive care systems.


Pharmaceutical Economics NEW

Edited by William S. Comanor, University of California, Santa Barbara and University of California, Los Angeles and Stuart O. Schweitzer, University of California, Los Angeles, US Pharmaceutical Economics begins with an investigation of the structure of the industry and its three main components: the research firms which produce innovative products; the generic drug industry and its expanding role; and the biotech industry, which is regarded as the future for pharmaceuticals. Further sections discuss topics including demand and incentives, pricing and regulation.

34 articles, dating from 1987 to 2011 Contributors include: E.R. Berndt, R.E. Caves, P.M. Danzon, R.G. Frank, H. Grabowski, R. Henderson, F.R. Lichtenberg, F.M. Scherer, F.M. Scott Morton, M.D. Whinston

July 2013 c 756 pp Hardback 978 0 85793 449 9 c £240.00The International Library of Critical Writings in Economics seriesFull contents – www.e-elgar.com

The Elgar Companion to Health Economics, Second EditionEdited by Andrew M. Jones, University of York, UK ‘The Elgar Companion to Health Economics is a comprehensive and accessible look at the field, as seen by its leading figures.’

– Joseph Newhouse, Harvard Medical School, US

Acclaim for the first edition:

‘This Companion is a timely addition. . . It contains 50 chapters, from 90 contributors around the world, on the topical and policy-relevant aspects of health economics. . . there is a balanced coverage of theoretical and empirical materials, and conceptual and practical issues. . . I have found the Companion very useful.’

– Sukhan Jackson, Economic Analysis and Policy


The lSE Companion to Health PolicyEdited by Alistair McGuire and Joan Costa-Font, LSE, UKThe LSE Companion to Health Policy covers a wide range of conceptual and practical issues from a number of different perspectives introducing the reader to, and summarising, the vast literature that analyses the complexities of health policy. The Companion also assesses the current state of the art.

Health policy is a wide-ranging subject covering many academic disciplines, but what most studies in health policy have in common is an interest in applying theory to improve practice. This Companion brings academic rigour to bear evidence on a range of central areas within health policy.

2012 c 360 pp Hardback 978 1 78100 423 4 £125.00 Elgaronline 978 1 78100 424 1ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

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Public Investments in Energy TechnologyMichael P. Gallaher, RTI International, Albert n. link, University of North Carolina at Greensboro and Alan C. o’Connor, RTI International, USEscalating energy demand may be the most important issue facing the United States and the world today. There is little disagreement that research and development is needed to develop new energy technologies for the future; however, there is less agreement over the specific research agenda to be pursued and how that agenda is funded. This book addresses the social importance of new energy technologies, illustrates policy-relevant applications of evaluation techniques and proposes new perspectives for a US energy investment strategy.


Handbook on Energy NEW and Climate ChangeEdited by Roger Fouquet, Basque Centre for Climate Change (BC3), Bilbao, Spain and London School of Economics, UKThis timely Handbook reviews many key issues in the economics of energy and climate change, raising new questions and offering solutions that might help minimize the threat of energy-induced climate change.

Contributors include: J.E. Aldy, E.B. Barbier, A. Bowen, J. Chevallier, C. de Perthuis, J. Evans, N. Eyre, M. Fillipini, R. Fouquet, S. Gabriel, A. Gago, C. Gennaioli, J. Gowdy, C. Haftendorn, J.D. Hamilton, M. Hanemann, I. Hascic, D.F. Hendry, C. Hepburn, B. Holtsmark, F. Holz, C. Hope, L. Hunt, H.D. Jacoby, M. Jefferson, N. Johnstone, J.G. Kassakian, C. Kemfert, S. Kverndokk, X. Labandeira, H. Lee, H. Llavador, G. Lovellette, R. Martin, R. McKitrick, A. Moe, M. Muûls, I.W.H. Parry, M. Pollitt, F. Pretis, T. O’Garra, A. Ramos, C. Robinson, J.E. Roemer, K.E. Rosendahl, R. Schmalensee, I. Shaorshadze, J. Silvestre, P. Stevens, R. Tol, R. Trotignon, M. Tsygankova, G.C. van Kooten, C. von Hirschhausen

Feb 2013 c 752 pp Hardback 978 0 85793 368 3 c £175.00 Elgaronline 978 0 85793 369 0ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

The Economics of Electricity Markets NEW

Theory and PolicyPippo Ranci, Università Cattolica, Clara Poletti and Guido Cervigni, Università Bocconi, ItalyThe correct market design can render electricity very much like other commodities, as far as trading and retailing are concerned. However, social and political concerns, rather than engineering or economics, make electricity unique. The book addresses a wide set of issues arising when competition is introduced in to the electricity industry, ranging from alternative wholesale market designs to competition policy in electricity markets; from the benefits and cost of retail competition, to the emerging politicization of generation investment as a way to pursue sustainability targets.


Energy Governance, Institutions NEW and Policy in China and the EUA Comparative AssessmentEdited by Matteo Manera, University of Milan-Bicocca and FEEM, ItalyChina is an increasingly important player in the world economy and consequently in world energy markets. The objective of this book is to introduce the reader to China’s practices and approaches to energy governance, with particular emphasis on the effectiveness of energy management and the mitigation of negative environmental impacts from energy use. The book succeeds in its aim by means of a systematic, critical comparison of the Chinese experience of energy management, policies and institutions with the current development of energy policies and institutions in the EU.

June 2013 c 368 pp Hardback 978 0 85793 565 6 c £79.95The Fondazione Eni Enrico Mattei series on Economics, the Environment and Sustainable Development

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Market Building Through AntitrustBy Adrien de Hauteclocque See page 9




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A Dictionary of Taxation, Second EditionSimon James, University of Exeter Business School and Chartered Institute of Taxation, UK‘I have known Simon for many years, through working in our respective roles as committee members for the Chartered Institute of Taxation. Simon has an extremely wide knowledge of taxation matters, which is ably demonstrated in this dictionary of tax terms and phrases. It is an essential guide in unraveling the mysteries of professional “tax talk” for the non-practitioner. For those interested in obtaining further information or guidance there are many useful references to other works.’

– Dale Simpson, Chairman, South West England Region of the Chartered Institute of Taxation and Partner, Thomas Westcott, UK

This second edition of the Dictionary of Taxation contains over 200 new or substantially revised entries to enhance the existing wide range of accessible definitions and terms used to describe various aspects of tax and tax systems around the world.

2012 320 pp Hardback 978 1 84980 122 5 £115.00 Elgaronline 978 1 78100 257 5ElGAr orIGInAl rEfErEnCE • full contents – www.e-elgar.com

The Dynamics of Global NEW Economic GovernanceThe Financial Crisis, the OECD, and the Politics of International Tax CooperationRichard Eccleston, University of Tasmania, Australia The financial crisis which engulfed global markets in 2008 created an acute need for improved international economic cooperation. Despite the G20’s prominent coordination role, the regulatory response to the crisis has varied considerably across governance arenas. This book focuses on the international tax arena and examines how the financial crisis prompted renewed attempts to enhance international tax transparency. It highlights the complexity of international regime change and the significance of national and financial interests, international organizations, domestic politics and the emerging G20 Leaders Forum in this process.

Dec 2012 c 160 pp Hardback 978 1 84980 279 6 c £65.00 Elgaronline 978 1 84980 598 8

The Elgar Guide to Tax SystemsEdited by Emilio Albi, University of Madrid (Complutense), Spain and Jorge Martinez-Vazquez, Georgia State University, US‘If you’re a tax specialist, whether lawyer, economist academic, or government policymaker, taxation policy, you’ll find The Elgar Guide to Tax Systems of considerable value and interest, particularly if your work involves cross-border or global tax issues. . . Each of the papers is structured in much the same way, with an introduction, conclusion and typically a lengthy bibliography at the end for further reading and research. And there is a detailed index at the back, plus a really useful list of abbreviations to facilitate ease of use. As taxation policy can be crucial to political survival in so many instances, this book of collective wisdom, we’ve no doubt, will soon become a valued addition to the well stocked tax specialist’s library.’

– Phillip Taylor MBE and Elizabeth Taylor, The Barrister Magazine

Contributors: E. Albi, R. Bahl, R.M. Bird, R. Boadway, S. Cnossen, H. Cremer, J. Hasseldine, W. Hettich, L.W. Kenny, Y. Liu, J. Martinez-Vazquez, P. Pestieau, A. Sandmo, V. Tanzi, V. Vulovic, S.L. Winer


Tax Evasion and the Shadow EconomyEdited by Michael Pickhardt, Brandenburg University of Technology Cottbus and Aloys Prinz, University of Münster, GermanyIssues such as tax evasion and the size and impact of the shadow economy have ranked highly in political and economic policy debates across the globe in recent years. Yet, despite various methodological advances and growing empirical evidence, there are still large areas of interest that have not been explored, or where scientific research efforts are still in their infancy. This timely book addresses such issues from various perspectives in order to demonstrate the extent and scope of tax evasion, the shadow economy and their interaction.

Leading scholars examine recent evidence from theoretical and empirical research on tax compliance and tax evasion, and provide an in-depth analysis of underlying methods. Strategies to fight tax evasion are evaluated and the motivations behind it are explored, as are the impact and size of the shadow economy in Europe. As well as promoting a better understanding of the issues, this book intends to stimulate further debate and, in so doing, broaden the exchange of ideas and concepts.


Decentralization and NEW reform in latin AmericaImproving Intergovernmental RelationsEdited by Giorgio Brosio, University of Turin, Italy and Juan Pablo Jiménez, Economic Commission for Latin America and the Caribbean (ECLAC), Chile and Columbia University, USThis book analyses the process of intergovernmental reform in Latin America and presents a number of emerging issues. These include the impacts of decentralization and the response of countries in the region to challenges such as social cohesion, interregional and interpersonal disparities, the assignment of social and infrastructure expenditure, macrofinancial shocks, fiscal rules and the sharing of natural resources. The main aim of the book is not to evaluate the pros and cons of decentralization but to assess the effective working of decentralized arrangements and institutions, with a view of suggesting corrections and reforms where the system is not working according to expectations.

Dec 2012 c 464 pp Hardback 978 1 78100 625 2 c £115.00 Elgaronline 978 1 78100 626 9In Association with the Economic Commission for Latin America and the Caribbean (ECLAC)




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Work Inequalities in the CrisisEvidence from EuropeEdited by Daniel Vaughan-Whitehead, International Labour Office, Geneva, Switzerland and Sciences Po, Paris, France‘Since the successive crises erupted the increase in inequality has not been addressed. This important publication offers a comprehensive overview of recent developments in the workplace. It will help to promote a different policy agenda that is desperately needed to overcome the causes and consequences of the crisis, namely addressing work inequalities.’

– Philippe Pochet, Catholic University of Louvain la Neuve, Belgium, and General Director of the European Trade Union Institute (ETUI),

Brussels, Belgium

2011 616 pp Hardback 978 0 85793 750 6 £130.00 Elgaronline 978 0 85793 751 3In Association with the International Labour Organization

Public Sector Shock NEW

The Impact of Policy Retrenchment in EuropeEdited by Daniel Vaughan-Whitehead, International Labour Office, Geneva, Switzerland and Sciences Po, Paris, France‘This is a fascinating, rich and comprehensive analytical account of the causes and consequences of austerity measures affecting the public sector in terms of pay and employment. The editors have assembled a broad array of contributions that really reflect the diversity within Europe, both in terms of how deep the financial crisis hit, and the drivers of public sector reforms. An absorbing and thought-provoking read.’

– Jacqueline O’Reilly, University of Brighton, UK

April 2013 c 512 pp Hardback 978 1 78195 534 5 c £125.00In Association with the International Labour Organization

The International Library of Critical Writings in Economics series

The Economic Theory NEW of Income InequalityEdited by Robert Becker, Indiana University, Bloomington, USProfessor Becker has selected seminal papers covering topics including foundations of income inequality measurement, the social welfare view of inequality and directions for future research on economic inequality. Along with a new and original introduction, this essential single volume is an indispensable tool for scholars and practitioners alike.

36 articles, dating from 1905 to 2010 Contributors include: A.B. Atkinson, F. Bourguignon, F.A. Cowell, J.E. Foster, S.-C. Kolm, E. Maasoumi, A.K. Sen, A.F. Shorrocks, J.E. Stiglitz, J.A. Weymark

May 2013 c 660 pp Hardback 978 0 85793 908 1 c £210.00

The Economics of NEW Worker CooperativesEdited by John Pencavel, Stanford University, USThe Economics of Worker Cooperatives is a branch of economic inquiry with a long and esteemed pedigree, dating at least from the work of John Stuart Mill in the mid-nineteenth century. Since then, leading economists have paid intermittent attention to the topic, but the collapse of state-sponsored socialism in Eastern Europe and growing discontent with loosely-fettered capitalism have resulted in a resurgence of interest in worker co-operatives as a method of enhancing productivity and reducing income inequalities without heavy government regulation.

26 articles, dating from 1958 to 2011 Contributors include: E.D. Domar, E.G. Furubotn, H. Hansmann, D.C. Jones, H. Miyazaki, L. Putterman, S. Tadelis, J.-F. Thisse

Oct 2013 c 624 pp Hardback 978 1 78100 533 0 c £200.00


The new limits of Education PolicyAvoiding a Tragedy of the Commonsroger Benjamin, Council for Aid to Education, USUsing a political economy framework to analyze the current problems facing US postsecondary education, The New Limits of Education Policy tackles the questions surrounding the future of higher education. The study provides an explanation of why improvement of teaching and learning is not a high priority for the stakeholders involved. Roger Benjamin explains why heightened recognition by the State of the importance of human capital in the knowledge economy will create the external conditions that will, in turn, create the need for an altered incentive system for these stakeholders. He goes on to make a case for additional positive incentives that would reward behavior that improves teaching and learning.


The College Cost NEW PB DiseaseHigher Cost and Lower QualityRobert E. Martin, Centre College, US College cost per student has been on the rise at a pace that matches – or exceeds – healthcare costs. Unlike healthcare, though, teaching quality has declined, and rapidly rising costs and declining quality are not trends easily forgiven by society. The College Cost Disease addresses these problems, providing a behavioral framework for the chronic cost/quality consequences with which higher education is fraught. Providing many compelling insights into the issues plaguing higher education, Robert Martin expounds upon H.R. Bowen’s revenue theory of cost by detailing experience good theory, the principal/agent problem, and non-profit status.

2011 208 pp Hardback 978 1 84980 616 9 £65.00 Sept 2012 Paperback 978 1 78195 338 9 £25.00 Elgaronline 978 1 84980 617 6

The Globalization of NEW Higher EducationEdited by Roger King, University of Bath, Open University, London School of Economics and Political Science, UK and University of Queensland, Australia, Simon Marginson, University of Melbourne, Australia and rajani naidoo, University of Bath, UKThis comprehensive book provides a collection of the critical papers that have been published in the fast-growing field of the globalization of higher education. They include work by a variety of noted scholars, such as Altbach, Clark, and Marginson and cover key areas of theoretical and substantive interest. This volume, along with an original introduction will be of relevance to academics, researchers and students undertaking higher education research and also to the wider social science and public policy communities.

37 articles, dating from 1998 to 2011 Contributors include: P. Altbach, B. Clark, D. Dill, J. Enders, C. Musselin, P. Scott, J. Stiglitz, U. Teichler

May 2013 c 828 pp Hardback 978 1 78100 169 1 c £265.00Full contents – www.e-elgar.com

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International Handbook on Teaching and Learning EconomicsEdited by Gail M. Hoyt, University of Kentucky and KimMarie McGoldrick, University of Richmond, US ‘In delightfully readable short chapters by leaders in the sub-fields who are also committed teachers, this encyclopedia of how and what in teaching economics covers everything. There is nothing else like it, and it should be required reading for anyone starting a teaching career – and for anyone who has been teaching for fewer than 50 years!’

– Daniel S. Hamermesh, University of Texas, Austin, US

The International Handbook on Teaching and Learning Economics provides a comprehensive resource for instructors and researchers in economics, both new and experienced. This wide-ranging collection is designed to enhance student learning by helping economic educators learn more about course content, pedagogic techniques, and the scholarship of the teaching enterprise.


The Heart of Teaching EconomicsLessons from Leading MindsSimon W. Bowmaker, New York University, US‘The Heart of Teaching Economics is a marvellously entertaining and lively book. All who read it cannot help but come away from the experience with a richly enhanced understanding of the power, virtue and importance of teaching.’

– Wayne Geerling, The Business Economist


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The Art and Practice NEW of Economics ResearchLessons from Leading MindsEdited by Simon W. Bowmaker, New York University, US‘In this book, Simon Bowmaker offers a remarkable collection of conversations with leading economists about research in economics. He has selected a broad sample of the great economists of our time, including people whose perspectives span most of the major subdivisions of economics research, from micro to macro, from theoretical to empirical, from rationalist to behavioral.’

– From the foreword by Roger B. Myerson, University of Chicago, US and 2007 Nobel Laureate in Economics

‘The Art and Practice of Economics Research is the book I wish I had when I was “growing up” as an economist. For anyone who is or wants to be an economic researcher, or anyone just interested in how economics “works”, this is a terrific and inspirational resource.’

– David K. Levine, Washington University in St. Louis, US

This book contains 25 interviews with leading economists based in the United States and Europe. The interviewees detail their methods of working; provide insights into the process of scientific discovery, knowledge creation, and research dissemination in economics; and identify and evaluate specific contributions and findings from the discipline. Graduate students, well-established scholars, and all of those in between will find this collection of reflections as informative as it is influential.


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The US–China Trade DisputeFacts, Figures and MythsImad Moosa, Royal Melbourne Institute of Technology (RMIT), AustraliaDealing with a topic that has attracted significant media attention, this highly accessible book provides a detailed analysis of the trade dispute between China and the US.

While the Americans accuse China of damaging their economy, the Chinese claim their policies are legitimate and that the US has no right to dictate how the Chinese economy should be run. Imad Moosa addresses contentious issues including: whether the Chinese currency is undervalued, whether the undervaluation of the yuan, should it exist, is the cause of the US trade deficit with China (hence revaluation being a justifiable cure) and whether Chinese economic policies are immoral and illegal according to IMF and WTO rules.


Trade FacilitationDefining, Measuring, Explaining and Reducing the Cost of International TradePatricia Sourdin, The Johns Hopkins University Bologna Center, Italy and Richard Pomfret, University of Adelaide, Australia‘Few topics are as important in international economics as trade costs. Surprisingly, there are few studies that explicitly address that issue in detail. This makes the book of great value to both professional economists and policy makers worldwide helping them to understand the different concepts of trade costs, their determinants and how to reduce them using trade facilitation measures. The book is very well written and a must read for any person that has an interest in trade costs!’

– Matthias Busse, Ruhr-University of Bochum, Germany





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Research Handbook on the NEW PB Protection of Intellectual Property under WTo rulesIntellectual Property in the WTO Volume IEdited by Carlos M. Correa, University of Buenos Aires, Argentina‘TRIPs is the only positive integration type of agreement in the WTO. Scholars have legitimately in my view, questioned its inclusion in the WTO since the protection of IP rights is no more a trade issue than many other similar issues. This is the first time that a set of well-known experts has dealt in a comprehensive manner with the vast array of issues regarding the coming-into-being, the functioning and the perspectives of the TRIPs regime under the aegis of the WTO. These two volumes will provide very useful guidance to students and policymakers alike dealing with protection of IP rights and international trade.’

– Petros C. Mavroidis, Columbia Law School, US and University of Neuchâtel, Switzerland

Contributors: D. Borges Barbosa, C. Clift, B. Conde Gallego, C.M. Correa, K. Das, C. Deere-Birkbeck, G.B. Dinwoodie, R.C. Dreyfuss, G. Dutfield, L.M. Genovesi, T. Hoeren, P.B. Hugenholtz, A. Kur, F. Leverve, O. Morgan, L. Muraguri, R.L. Okediji, K. Outterson, D. Rangnekar, J.H. Reichman, P. Roffe, X. Seuba, C. Spennemann, S.K. Verma, J. von Braun, P.K. Yu

2010 768 pp Hardback 978 1 84720 904 7 £185.00 2012 Paperback 978 1 84980 952 8 £45.00 Elgaronline 978 1 84980 659 6Research Handbooks on the WTO seriesElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Research Handbook on the NEW PB Interpretation and Enforcement of Intellectual Property under WTo rulesIntellectual Property in the WTO Volume IIEdited by Carlos M. Correa, University of Buenos Aires, Argentina‘Carlos Correa has in these two Research Handbooks on the TRIPS Agreement, done a magnificent job of bringing together a large number of scholars to analyse the many issues raised by the Agreement. The result is an integrated resource of high quality that helps readers to understand the many complex dimensions of TRIPS.’

– Peter Drahos, RegNet, The Australian National University, Canberra

Contributors: E.T. Biadgleng, S. Charlier, S. Frankel, X. Li, V. Muñoz Tellez, M.J. Oliva, P. Roffe, M. Santa Cruz, J.D. Sarnoff, D. Shabalala, C. Spennemann, D. Vivas-Eugui

2010 320 pp Hardback 978 1 84980 107 2 £120.00 2012 Paperback 978 1 84980 953 5 £30.00 Elgaronline 978 1 84980 660 2 Research Handbooks on the WTO seriesElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Research Handbook on the WTo Agriculture AgreementNew and Emerging Issues in International Agricultural Trade LawEdited by Joseph A. McMahon, University College Dublin, Ireland and Melaku Geboye Desta, University of Dundee, UK‘The range of topics covered in this volume is multi-faceted and various. . . Practitioners with clients involved in agri-business will be particularly interested in the broad spectrum of matters discussed, as will trade negotiators, policy advisors and graduate students in this vital and fascinating field.’

– Phillip Taylor MBE and Elizabeth Taylor, The Barrister Magazine

Contributors: K. Anderson, D. Blandford, M. Cardwell, I. Carreño, M.G. Desta, G. Dutfield, C. Häberli, L.A. Jackson, T. Josling, E. Laurenza, A. Matthews, J.A. McMahon, F. Smith, S. Switzer

2012 336 pp Hardback 978 1 84844 116 3 £115.00 Elgaronline 978 1 78100 123 3Research Handbooks on the WTO seriesElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

The Economics of Free TradeEdited by Gary C. Hufbauer, Peterson Institute for International Affairs and Kati Suominen, The German Marshall Fund of the United States, USThese two volumes survey the most important scholarly writings in economics and political science that explain the drivers and constraints to freer world trade. This authoritative collection, with contributions by leading academics, includes seminal studies that have changed the course of thinking about international trade over past centuries and considers both pro free trade and anti free trade arguments. Along with an original introduction, the editors have also selected a few non-academic pronouncements that have shaped popular views about free trade.

59 articles, dating from 1664 to 2011 Contributors include: R. Baldwin, G. Becker, C. Bergsten, J. Bhagwati, G. Grossman, J. Keynes, A. Krueger, P. Krugman, D. Rodrik, J. Sachs

Series no. 262 Two volume set 2012 1,568 pp Hardback 978 1 84064 527 9 £495.00The International Library of Critical Writings in Economics seriesFull contents – www.e-elgar.com

The WTO and Trade in ServicesEdited by Bernard Hoekman, The World Bank, US The past few decades have witnessed a growth in the importance of services in the economy, yet until the 1980s, scholarly literature on the expanding role of trade in services in the world economy remained scarce. This timely two-volume collection, edited by a leading analyst in the field, brings together seminal works on the WTO and trade in services published in the last twenty-five years. Areas covered in this important set include the determinants and patterns of trade in services, services in regional integration agreements and the GATS. This book will be of immense value to scholars and practitioners interested in this evolving and increasingly relevant field of study.

48 articles, dating from 1985 to 2009 Contributors include: R. Adlung, J. Bhagwati, A. Deardorff, F. Eschenbach, P. Evans, C. Fink, D. Hummels, A. Mattoo, P. Mavroidis, A. Sapir

Series no. 20 Two volume set 2012 1,320 pp Hardback 978 1 84376 260 7 £420.00Critical Perspectives on the Global Trading System and the WTO seriesFull contents – www.e-elgar.com

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These two books by Correa are available as a discounted two volume set: 978 1 84980 290 1 £270.00




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An IntroductionPeter A.G. van Bergeijk, Erasmus University, The Hague and Utrecht University, The Netherlands Taking stock of emerging planet data and analysing policies during the global crisis, Earth Economics provides both a topical introduction into basic macroeconomic tools and concepts and insights in topical problems and recent developments in planet production, growth and governance. This textbook can be used as an introduction in macroeconomics that at the same time offers a completely new angle to policy analyses by its focus on the truly global level and its empirical orientation on very recent data.


The Political Power of NEW TEXTBOOK the Business CorporationStephen Wilks, Exeter University, UK The large business corporation has become a governing institution in national and global politics. This study offers a critical account of its political dominance and lack of democratic legitimacy. Thanks to successful wealth generation and ideological support it has become an effective political actor and has entered into partnership with government in the design of public policy and delivery of public services. Stephen Wilks highlights in the book that government and corporate elites have come together to create a ‘new corporate state’ in the UK and the USA, in competitor economies, including China, and in global governance. The argument embraces multinational corporations, corporate social responsibility, corporate governance and the distributional implications of corporate dominance.

May 2013 c 224 pp Hardback 978 1 84980 730 2 c £65.00 May 2013 Paperback 978 1 84980 731 9 c £19.95 e 978 1 84980 732 6

The new Global Political Economy NEW

From Crisis to Supranational Integration Riccardo Fiorentini, University of Verona and Guido Montani, University of Pavia, ItalyThe 2008 financial crisis is arguably the most dramatic outcome of globalization. International economic integration, if unregulated, can bring about huge inequalities and the destruction of the environment. This thought provoking book illustrates why the ‘old’ international order is unable to provide crucial global public goods such as monetary and financial stability in the fight against mass poverty and climate change.

Sept 2012 c 256 pp Hardback 978 0 85793 404 8 £70.00 Elgaronline 978 0 85793 405 5New Directions in Modern Economics series

A Handbook of Globalisation and Environmental Policy, Second EditionNational Government Interventions in a Global ArenaEdited by frank Wijen, Erasmus University, Rotterdam and Tilburg University, Kees Zoeteman, Tilburg University, Jan Pieters, formerly of the Ministry of Housing, Spatial Planning and the Environment, The Hague and Paul van Seters, Tilburg University, The NetherlandsAcclaim for the first edition: ‘This is undoubtedly a useful collection of essays for environmental policymakers and anyone interested in the relationship between national government and transnational forces. . . the collection brings together some interesting perspectives and should prove a useful complement to the existing political sociology of the environment.’

– International Sociology – Review of Books

Contributors: T. Chagas, P. Conceição, E. Dellas, D. Esty, M. Flaherty, P. Glasbergen, E. Harkink, J. Hontelez, M. Ivanova, M. Jansen, N. Johnstone, M. Kalamova, I. Kaul, A. Keck, R. Kemp, W. Kersten, A. Kölliker, L. Krämer, D. Liefferink, A. Mol, H. Mowat, H. Opschoor, S. Ozinga, J. Pieters, D. Post, L. Soete, G. Spaargaren, B. Stigson, C. Streck, M. Toffel, N. Uludere Aragon, J. van Kasteren, P. van Seters, S. Veenman, J. Verschuuren, R. Visser, D. Vogel, K. von Moltke, M. von Unger, R. Weehuizen, F. Wijen, K. Zoeteman


The Handbook of Globalisation, TEXTBOOK Second EditionEdited by Jonathan Michie, Kellogg College, University of Oxford, UKWith contributions from the leading commentators in the field and an over-arching introduction from the editor, the concerns of this updated and revised Handbook are two-fold. Firstly, to redefine the concept of globalisation and dispel the haze that surrounds it through a systematic and thorough examination of the debate. Secondly, to advance the frontiers of current critical thinking on the role and impact of globalisation, on the winners and losers in the process, and on the implications for society, the economy and governance.


China, the European Union NEW and Global GovernanceEdited by Jan Wouters, University of Leuven (K.U.Leuven), Tanguy de Wilde, Université catholique de Louvain, Pierre Defraigne, Madariaga Foundation and Jean-Christophe Defraigne, Facultés universitaires Saint Louis, BelgiumChina, the European Union and Global Governance examines the key determinants of European and Chinese approaches to the restructuring of global governance systems. With a multidisciplinary method, this collection of papers analyses four distinct fields that are key for both China and the EU and for the development of their relations and future cooperation: the global trading system, the international monetary system, climate and energy and international security. In the context of China’s growing role in global governance and of EU–China cooperation, contributions emphasize strategies, prospects and objectives of both actors. They outline possible avenues for an enhanced partnership in light of the changing global order which implies a rethinking of the existent multilateral structures.

Sept 2012 c 368 pp Hardback 978 1 78100 426 5 £90.00 Elgaronline 978 1 78100 427 2Leuven Global Governance series

Political Governance of CapitalismA Reassessment Beyond the Global CrisisHelmut Willke, Zeppelin University, Friedrichshafen and Gerhard Willke, University of Applied Sciences, Nuertingen, GermanyThe global financial crisis has uncovered disastrous gaps in the governance of capitalism. This timely book argues for encompassing and intelligent forms of political governance of capitalism to mitigate against the possibility of future global systemic risk.





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Globalisation, the Global NEW Financial Crisis and the StateEdited by John H. Farrar, Bond University, Australia and University of Auckland, New Zealand and David G. Mayes, University of Auckland, New ZealandThe recent global financial crisis has challenged conventional wisdom, and our conception of globalisation has been called into question. In this challenging and timely book, the concept of globalisation is revisited. The expert contributors address the relationship between globalisation, the crisis and the state from an interdisciplinary perspective, with law, economics and political science underpinning the analysis. Issues such as the clash between market capitalism and state capitalism and how market capitalism has responded to the crisis are also explored.

Jan 2013 c 240 pp Hardback 978 1 78100 942 0 c £65.00 Elgaronline 978 1 78100 943 7

neoliberalismBeyond the Free MarketEdited by Damien Cahill, University of Sydney and lindy Edwards, University of New South Wales and Frank Stilwell, University of Sydney, AustraliaIn this timely book, leading scholars of neoliberalism, together with emerging researchers from a range of intellectual traditions, reflect upon the nature of neoliberalism in light of the recent and ongoing global financial crisis. What emerges is an enlightening picture of the diversity of neoliberalism. The complex relationships between theory and practice are highlighted as the contributors recognise the need to move beyond the commonplace notion that neoliberalism is simply a system of free markets. Topical chapters examine the implications of the current crisis for neoliberalism, the likelihood of alternatives, and how these might arise.

2012 288 pp Hardback 978 1 78100 234 6 £75.00

Before and Beyond the NEW Global Economic CrisisEconomics, Politics and SettlementEdited by Mats Benner, Lund University, SwedenThis timely and far-reaching book addresses the long-term impact of the financial crisis that began in 2007. It questions whether a new era in the interactions between states, society and markets is dawning, and whether the finance-led economic growth model will be transformed into a new and more stable economic growth model.

Contributors include: R.E. Backhouse, R. Boyer, A.W. Gustafsson, F. Hansen, B. Jessop, L. Jonung, J. Lindvall, Å. Lundqvist, B.-Å. Lundvall, L. Schön, N.-L. Sum, J. Svensson


The Handbook on the NEW PB Political Economy of WarEdited by Christopher J. Coyne, George Mason University and Rachel L. Mathers, Delaware State University, USBy defining political economy and war in the broadest sense, this unique Handbook brings together a wide range of interdisciplinary scholars from economics, political science, sociology, and policy studies to address a multitude of important topics. These include an analysis of why wars begin, how wars are waged, what happens after war has ceased, and the various alternatives to war.

Contributors: R.J. Blimes, J. Brauer, D. Carment, D. Cortright, G. Dancy, G.M. Dempster, H. Dorussen, L.J. Dumas, J.P. Dunne, N. Fiala, M. Fischer, T.E. Flores, I. Hardie, M. Hechter, J.P. Isaacs, M.O. Jackson, A.J. Joes, D. Johnson, D. Kinsella, B. Klingen, P.T. Leeson, J.S. Levy, J. Logan, G.A. Lopez, M. Morelli, J.A. Morrison, I. Nooruddin, M. Parsa, P. Poutvaara, C. Preble, S. Rosato, W.F. Shughart II, S. Skaperdas, D. Tierney, O. Vidal-Aparicio, A. Wagener, H. Ward, E. Weede, A.F. White, C.R. Williamson, P. Yakovlev, I.W. Zartman


Key Concepts in the new Global EconomyEdited by David A. Baldwin, Columbia University, US This collection comprises important articles on key concepts in understanding the global economy. Professor Baldwin has selected papers, written by leading academics, which cover governance, diffusion, democracy, domestic affairs, immigration, conflict, sanctions, trade and finance. Along with an original introduction, this two-volume set will be of great value to students, academics and practitioners interested in the field of the new global economy.

47 articles, dating from 1980 to 2010 Contributors include: D. Drezner, J. Goldstein, J. Gowa, R. Keohane, E. Mansfield, H. Milner, A. Rose, B. Simmons, J. Stiglitz, K. Waltz

Series no. 7 Two volume set 2012 c 1,380 pp Hardback 978 1 84376 728 2 £435.00The International Library of Writings on the New Global Economy series

The Costs of Economic Growth NEW

Edited by Peter A. Victor, York University, Canada This book is a convenient and comprehensive collection of seminal papers on the costs of economic growth. The papers are grouped in six sections covering: the origins of the debate, the limits to growth, measurement, international and global dimensions, developing countries, and looking ahead. The original introduction, written by the editor, draws out the main themes that run through this extensive and thought provoking literature. This timely collection is intended for academics, students, researchers and anyone interested in this controversial topic.

61 articles, dating from 1848 to 2011 Contributors include: F. Ackerman, B.F. Aka, C.R. Boehmer, H.E. Daly, G.M. Grossman, J.S. Mill, J. Rockström, G. Rosenbluth, M.N. Sadar, G. Turner

March 2013 c 912 pp Hardback 978 1 84980 925 2 c £295.00The International Library of Critical Writings in Economics series

Globalization and InequalityEdited by Branko Milanovic, World Bank Research Group and University of Maryland, US‘This outstanding book maps the debates about globalisation and inequality: how globalisation impacts national inequality and how an open global economy shapes inequality within and across the borders of states. Branko Milanovic’s collection will become the authoritative source on these complex issues.’

– David Held, Durham University, UK

22 articles, dating from 1997 to 2008 Contributors include: S. Anand, A.B. Atkinson, F. Bourguignon, A. Brandolini, S. Dowrick, R. Kanbur, P. Lindert, M. Ravallion, B. Sutcliffe, J.G. Williamson

Series no. 25 2012 648 pp Hardback 978 1 84980 452 3 £215.00The Globalization of the World Economy series


The Political Economy of Iraq NEW

Restoring Balance in a Post-Conflict SocietyFrank R. Gunter, Lehigh University, USCurrently, crude oil prices determine Iraq’s GDP, but will rising oil export earnings lead to an improvement in the living standards of the Iraqi people? This book is an integrated examination of the impact of trends in public health and education, corruption, internal and external conflict, the oil and gas industry, agriculture, financial intermediation, state owned enterprises, private businesses, infrastructure, international trade and finance, and macroeconomic policies. Finally, this detailed study ends with a discussion of three scenarios for Iraq in 2025.






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A Multidimensional Creature in the Global Economy, Second EditionMats Forsgren, Uppsala University, SwedenThis thoroughly revised and updated textbook presents the assumptions and theories behind contemporary views on the multinational firm as an organization and as an actor in the global economy. Mats Forsgren analyzes and compares six different theories of the multinational firm from the ‘dominating multinational’ to the ‘politicizing multinational’ that have dominated the research in international business during the last four decades. He reveals the basic building blocks and assumptions behind each theory in order to reach a better understanding of why the multinational firm is looked upon in so many different ways by researchers and stakeholders.

April 2013 c 180 pp Hardback 978 1 78100 645 0 c £65.00

Handbook of Institutional Approaches to International BusinessEdited by Geoffrey Wood and Mehmet Demirbag, University of Sheffield, UK‘The latest generation of research in comparative institutional analysis of business is impressively captured in this volume; readers find depth in theory development, breadth in application to practice and policy, and insight on the big research issues ahead. Both generalist and specialist readers will find much of value here.’

– Bruce Evan Kaufman, Georgia State University, US

This inspiring Handbook brings together alternative perspectives from a range of disciplines to shed light on the nature of institutions and their relationship to firm-level practices and outcomes across a wide range of national settings.

Contributors: M.L. Aldred, F. Allen, M.M.C. Allen, A. Arslan, B.R. Barnes, N. Beech, J.A. Clampit, D.G. Collings, K.M. Conroy, R. Croucher, A. Cuervo-Cazurra, M. Demirbag, D. Demirbas, F. Filippaios, M. Fovargue-Davies, N.T. Gaffney, M.E. Genc, A. Giroud, J. Godard, G. Greig, N. Haworth, J.J. Hotho, S. Hughes, B. Karademir, B.L. Kedia, G. Klerck, S. Konzelmann, J. Larimo, M. McGuinness, B. McSweeney, H. Mirza, G. Morgan, C. Morrison, H. Patrick, T. Pedersen, R. Stepanov, C. Stoian, Z. Stone, M. Upchurch, K.H. Wee, G. Wood, A. Yaprak, D.A. Yen, A. Yukhanaev


Multinational TEXTBOOK Enterprises and the Global Economy, Second EditionThe late John H. Dunning OBE and Sarianna M. Lundan


Innovation and Institutional Embeddedness of Multinational Companies Edited by Martin Heidenreich, Carl von Ossietzky University of Oldenburg, Germany‘This wonderful volume brings together contributions mainly from the innovation literature, whose findings are in a sense quite familiar, but which in this collection are juxtaposed in such a way as to highlight their common institutional underpinnings. This is very much due to the efforts of the editor, whose insightful introduction and editorial vision brings out several interesting and emerging themes from this collection of papers. I think this volume breaks new ground in highlighting the embeddedness of MNE subsidiaries in multiple contexts, and it will be of considerable interest to scholars engaged with institutional analysis. However, I also believe that researchers interested in regional embeddedness, the geography of innovation, and knowledge management will find new angles to their work in this collected volume.’

– Sarianna M. Lundan, University of Bremen, Germany

2012 384 pp Hardback 978 0 85793 432 1 £95.00 Elgaronline 978 0 85793 433 8New Horizons in International Business series

China’s Economic MiracleDoes FDI Matter? Sumei Tang, Department of Education, Employment and Workplace Relations, Canberra, Eliyathamby A. Selvanathan and Saroja Selvanathan, Griffith University, Queensland, AustraliaThis insightful book analyses the impact of Foreign Direct Investment (FDI) in China as well as making valuable contributions to the theory of FDI more broadly. The authors provide empirical analysis of key factors including the location-specific determinants of FDI; the impact of FDI on domestic investment, income distribution, consumption and tourism; the relationship between FDI inflows and income inequality; causality between FDI, domestic investment and economic growth; and causality between FDI and tourism. The study concludes that FDI plays a crucial and positive role in the economic development of China. Rather than crowding out domestic investment, FDI is found to stimulate economic growth by complementing it.


ALSO OF INTEREST

Transnational Corporations and International ProductionBy Grazia Letto-GilliesSee page 2


INTERNATIONAL BUSINESS CATALOGUEEmail: [email protected]





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Economic Development in China, India and East AsiaManaging Change in the Twenty First CenturyKartik roy, Auckland Institute of Studies, New Zealand, Hans Blomqvist, formerly of the Hanken School of Economics, Finland and Cal Clark, Auburn University, US‘This is an unusually rich and comprehensive comparative analysis of industrialisation and development in Asia. Drawing on the diverse experiences of Malaysia, Singapore, China, India and more, Roy, Blomqvist and Clarke skilfully tease out the common institutional threads and the subtle differences in their developmental trajectories. An essential reading for all those interested in the lessons from Asian development.’

– Jude Howell, London School of Economics, UK

This is a thorough and comprehensive study – both in terms of country coverage and in-depth analysis – covering the economic development of all the major economies in the Asian continent, namely China, India, Japan, South Korea, Taiwan, Malaysia and Singapore.


Current Issues in Project Analysis for DevelopmentEdited by John Weiss and David Potts, University of Bradford, UKFor over fifty years project analysis techniques have been applied in the assessment of development projects where poorly designed and appraised projects can waste scarce resources. This study examines the continued relevance of this approach, assesses methodological developments over this period and investigates current practical problems in the application of these techniques.


Exchange and Development NEW PB

An Anatomy of Economic TransactionsPeter A. Cornelisse, Erasmus University, Rotterdam, The Netherlands and Erik Thorbecke, Cornell University, US ‘The authors of this volume are spot on when they note that “the perspective alters drastically when it is realized that economic exchange as it occurs in the real world is a laborious and costly process with uncertain and imperfect outcomes”. We all have a lot to learn from this highly original, thought provoking contribution to our understanding of the very core of economic and development thinking.’

– Finn Tarp, United Nations University – World Institute for Development Economics Research, Finland and University of Copenhagen, Denmark


Global Entrepreneurship and NEW Development Index 2013Zoltán J. Ács, George Mason University, US, László Szerb, University of Pécs, Hungary and Erkko Autio, London Business School, UKAcclaim for the 2011 edition:

The Global Entrepreneurship and Development Index both captures the context features of entrepreneurship and fills a gap in the measurement of development. Building on recent advances in entrepreneurship and economic development, the authors have created an index that offers a measure of the quality of the business formation process in 118 of the most important countries in the world.

Feb 2013 c 360 pp Hardback 978 1 84980 844 6 c £280.00ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.comISSn: 2044-5318

World Statistics on Mining and UtilitiesUnited nations Industrial Development organization, Vienna, AustriaWorld Statistics on Mining and Utilities provides a unique biennial overview of the role of mining and utility activities in the world economy. This extensive resource from UNIDO provides detailed time series data on the level, structure and growth of international mining and utility activities by country and sector. Country level data is clearly presented on the number of establishments, employment and output of activities such as: coal, iron ore and crude petroleum mining as well as production and supply of electricity, natural gas and water.

2012 168 pp Hardback 978 1 78100 728 0 £85.00 Elgaronline 978 1 78254 045 8In Association with United Nations Industrial Development Organization

Why Poverty Persists NEW PB

Poverty Dynamics in Asia and AfricaEdited by Bob Baulch, Chronic Poverty Research Centre‘At the beginning of the 2000–2010 decade, Bob Baulch (with John Hoddinott) was setting the micro-econometric agenda on poverty dynamics and chronic poverty and producing work that “non-economists” had to read if they wanted to conduct serious research on these issues. In this volume – through his analytical excellence, the pursuit and methodological rigour, extraordinary energy, and his ability to lead such a distinguished network of colleagues – Bob Baulch has set the research agenda on poverty dynamics and chronic poverty for the next ten years.’

– From the foreword by David Hulme, University of Manchester, UK


Managing Macroeconomic Policies for Sustainable GrowthJohn Asafu-Adjaye and Renuka Mahadevan, The University of Queensland, Australia ‘These experienced economists use CGE modelling to analyse the consequences of significant contemporary economic and environmental policies in several Asia-Pacific countries and in Africa. This has not been done previously for several of the economies concerned. This path-breaking, economy-wide study assesses policies relating to agricultural development, trade and industrial development, energy, greenhouse gases and climate change. This readable book should appeal to a wide audience, including students, policymakers and researchers.’

– Clem Tisdell, University of Queensland, Australia


ALSO OF INTEREST

Economic Development as a Learning ProcessEdited by Franco Malerba and richard r. nelsonSee page 42

Institutions, Economic Performance and the Visible HandBy Ashok ChakravartiSee page 43

Building national and regional Innovation SystemsBy Jorge niosiSee page 44




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RESEARCH COLLECTIONKEY TITLES

Handbook of Industry Studies NEW and Economic GeographyEdited by Frank Giarratani, University of Pittsburgh, Geoffrey J.D. Hewings, University of Illinois, Urbana-Champaign, US and Philip McCann, University of Groningen, The Netherlands and University of Waikato, New ZealandThe unique Handbook examines the impacts on, and responses to, economic geography explicitly from the perspective of the behaviour, mechanics, systems and experiences of different firms in various types of industries. The industry studies approach allows the authors to explain why the economic geography of these different industries exhibits such particular and diverse characteristics. The sectors and industries covered include:

• Traditional heavy industry and engineering• creative and cultural industries• knowledge sectors• natural resource-based and environmental sectors• knowledge, networks and communications issues.

Contributors include: Y. Aoyama, D. Bailey, F. Bellusi, G. Bentley, F. Bruinsma, F. Bokhorst, K. Buzard, M. Carroll, G. Carlino, J. Cooper, L. de Propris, P. Doeringer, E. Echeverri-Carroll, C. Forman, P. Foster, A. Gadwa Nicodemus, F. Giarratani, N. Green Leigh, G. Gruver, G. Hewings, H. Izushi, R. Jackson, T. Klier, S. MacNeill, R. Madhavan, A. Markusen, S. Manning, C. Martínez, H. Mayer, P. McCann, R. Mudambi, R. Ortega-Argilés, L. Oxley, R. Rama, N. Reid, A. Reynolds-Feighan, J. Rubenstein, H. Shangqin, S. Sheppard, D. Terkla

June 2013 c 550 pp Hardback 978 1 84376 961 3 c £120.00ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Multinationals and NEW Economic GeographyLocation, Technology and InnovationSimona Iammarino, London School of Economics, UK and Philip McCann, University of Groningen, The Netherlands and University of Waikato, New ZealandAfter more than fifty years of systematic research on multinational enterprises (MNEs) what is apparent is that there is, as yet, no unified or dominant theory of the MNE. The objective of this book is to bring into focus one particular dimension of MNE behaviour and activity which has been relatively under-researched – namely the geography of the multinational enterprise – as understood through the lens of innovation and technological change. The authors clearly demonstrate that geography is becoming increasingly important for MNEs and, in turn, MNEs are becoming progressively more important for economic geography. The pivot on which this vital relationship turns is the creation, diffusion and management of new knowledge.

April 2013 c 320 pp Hardback 978 1 78195 478 2 c £75.00 April 2013 Paperback 978 1 78195 487 4 c £25.00 Elgaronline 978 1 78195 479 9

new Developments in Spatial NEW Economics and Economic GeographyEdited by Philip McCann, University of Groningen, The Netherlands and University of Waikato, New Zealand

Jan 2013 c 550 pp Hardback 978 1 84844 432 4 c £175.00The International Library of Critical Writings in Economics seriesFull contents – www.e-elgar.com

The Geography of NEW Entrepreneurial Activity and Regional Economic DevelopmentA Multilevel Approachniels Bosma, Utrecht University, The NetherlandsThis important book explores the need to integrate countries, regions and individuals when studying entrepreneurial activity and illustrates this using a rich dataset of individuals from seventeen European countries from the Global Entrepreneurship Monitor. Multilevel analyses are conducted to explain observed spatial differences in entrepreneurial activity and to link these to regional economic development. The author argues that entrepreneurship consists of a heterogeneous set of individuals involved in different types and phases of entrepreneurial activities, and their actions depend significantly on regional and national contexts.


The Geography of the Internet NEW

Cities, Regions and Internet Infrastructure in EuropeEmmanouil Tranos, VU Amsterdam, The NetherlandsThis timely book presents a wide range of quantitative methods, including complex network analysis and econometric modelling, to illustrate how the Internet both follows, and at the same time challenges, more traditional geographies.

Emmanouil Tranos explores the spatiality of the Internet, its physical infrastructure, and the geographic and socio-economic factors that shape its spatial distribution. He shows that although the Internet is a technical system with strong topological attributes, an almost ‘hidden’ spatial dimension also exists.

Jan 2013 c 208 pp Hardback 978 1 78195 336 5 c £65.00 Elgaronline 978 1 78195 337 2New Horizons in Regional Science series

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T Handbook of Accounting and DevelopmentEdited by Trevor Hopper, University of Sussex, Mathew Tsamenyi, University of Birmingham, Shahzad Uddin, University of Essex and Danture Wickramasinghe, University of Glasgow, UK‘Trevor Hopper and his colleagues provide a central point of reference for research into accounting and development. Definitive chapters from internationally recognised authors (including Marcia Annisette, Kerry Jacobs, Chris Poullaos, Brendan O’Dwyer, Chibuike Uche and Jeffrey Unerman) cover the full range of issues from the role of capital markets in development, through accounting professionalization, to taxation and transfer pricing. Contributions from authors working for donors and non-governmental organisations provide a useful practical dimension that builds on the more academic chapters.’

– Christopher Napier, Royal Holloway, University of London, UK

Contributors: M. Annisette, J. Brown, A. Cobham, C. Emmanuel, J. Everett, S. Fyson, C. Graham, M. Habib, K. Holmes, T. Hopper, Mahmud Hossain, Monirul Hossain, K. Jacobs, C. Jubb, S. Lawrence, D. McNair, P. Molisa, N. Musyoki, B. O’Dwyer, H. Perera, C. Poullaos, K. Sen, J. Siddiqui, M. Tsamenyi, C.U. Uche, S. Uddin, J. Unerman, D. Vandangombo, D. Wickramasinghe, A. Wynne


The Financial Crisis NEW PB and Developing CountriesA Global Multidisciplinary PerspectiveEdited by Peter A.G. van Bergeijk, Erasmus University and Utrecht University, Arjan de Haan, International Development Research Centre, Ottawa, Canada and Rolph van der Hoeven, Erasmus University, The Hague, The NetherlandsThe Financial Crisis and Developing Countries discusses and analyses regional and country specific impacts of the financial crisis in emerging markets and developing countries, covering all continents. Using heterodox and mainstream methodologies, the book develops a multidisciplinary perspective on the crisis phenomenon as it examines how the crisis changes concepts of development, critically discusses the mainstream approach, analyses (global) governance issues (including the G20) and shows the actual impact for the poor and crisis vulnerable.

2011 352 pp Hardback 978 1 84980 495 0 £79.95 2012 Paperback 978 0 85793 520 5 £30.00 Elgaronline 978 178100 227 8




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KEY TITLE

Entrepreneurship, Social NEW Capital and GovernanceDirections for the Sustainable Development and Competitiveness of RegionsEdited by Charlie Karlsson, Jönköping International Business School, Jönköping University, Blekinge Institute of Technology, Sweden and European Regional Science Association, Börje Johansson, Jönköping International Business School, Jönköping University and Royal Institute of Technology, Stockholm, Sweden and Roger R. Stough, George Mason University, USThis book highlights the role of entrepreneurship, social capital and governance for regional economic development. In recent decades, many researchers have claimed that entrepreneurship is the most critical factor in sustaining regional economic growth. However, most entrepreneurship research is undertaken without considering the fundamental importance of the regional context. Other research has emphasized the role of social capital but there are substantial problems in empirically relating measures of social capital to regional economic development.

nov 2012 c 424 pp Hardback 978 1 78100 283 4 c £110.00 Elgaronline 978 1 78100 284 1New Horizons in Regional Science series

Societies in MotionInnovation, Migration and Regional TransformationEdited by Amnon frenkel, Technion – Israel Institute of Technology, Israel, Peter nijkamp, Free University of Amsterdam, The Netherlands, and Philip McCann, University of Groningen, The Netherlands and University of Waikato, New ZealandIn today’s globalised world, modern society is characterized by rapid transitions in space that are in part the result of technological developments of previous decades. This unique book deals with the complex issues raised by these transformations, focusing particularly on the impacts on regional development, technological innovation, and the flows and mobility of ideas, knowledge, people and firms.

2012 400 pp Hardback 978 0 85793 993 7 £97.00New Horizons in Regional Science series

A World in Emergence NEW

Cities and Regions in the 21st CenturyAllen J. Scott, University of California, Los Angeles, US‘In this book, Allen Scott enriches his longstanding research into the ways in which city-regions function as the main economic engines of global capitalism. The end result is a seminal synthesis of how city-regions are increasingly enchained with one another in intensifying relations of competition and cooperation, and is a must-read for students and scholars alike.’

– Ben Derudder, Monash University, Australia and Ghent University, Belgium

‘Scott’s book is a remarkable treatment of the emerging global economy, weaving together the frontiers of technology and the ways in which labor is managed and surplus created with the cities of tomorrow. His book challenges conventional notions of the “global city” to provide a more nuanced account of the ways in which the emerging cultural-cognitive economy of the twentieth-first century is producing urban landscapes. His conception of the city of tomorrow is informed by deep knowledge of the contemporary city around the world and provides the reader with the conceptual building blocks to re-frame how we think about urbanization now and in the future.’

– Gordon L. Clark, University of Oxford, UK



URBAN & REGIONAL STUDIES CATALOGUEEmail: [email protected]


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The Handbook of NEW PB Evolutionary Economic GeographyEdited by Ron Boschma, Utrecht University, The Netherlands and Ron Martin, St Catharine’s College, University of Cambridge, UK This wide-ranging Handbook is the first major compilation of the theoretical and empirical research that is forging the new and exciting paradigm of evolutionary economic geography.

Contributors: C. Antonelli, R. Boschma, G. Bottazzi, S. Breschi, U. Cantner, G. Cioccarelli, P. Cooke, M.S. Dahl, B. Dalum, C. de Laurentis, S. Denicolai, P. Dindo, J. Essletzbichler, L. Fleming, K. Frenken, E. Giuliani, J. Glückler, H. Graf, R. Hassink, S. Iammarino, J. Lambooy, C. Lenzi, F. Lissoni, A. Malmberg, R. Martin, P. Maskell, P. McCann, C.R. Østergaard, D.L. Rigby, J.W. Rivkin, E.W. Schamp, J. Simmie, O. Sorenson, U. Staber, E. Stam, S. Strambach, P. Sunley, A. Vezzulli, A. Zucchella


Studies in Applied Geography NEW and Spatial AnalysisAddressing Real World IssuesEdited by Robert Stimson, University of Melbourne, Australia and Kingsley Haynes, George Mason University, USThis timely and fascinating book illustrates how applied geography can contribute in a multitude of ways to assist policy processes, evaluate public programs, enhance business decisions, and contribute to formulating solutions for community-level problems.

Oct 2012 c 392 pp Hardback 978 1 78100 712 9 c £95.00 Elgaronline 978 1 78100 796 9

The Geography of CreativityGunnar Törnqvist, Lund University, Sweden and The Royal Swedish Academy of Sciences‘Gunnar Törnqvist, one of the world’s most distinguished economic geographers, can fairly claim to have discovered the notion of the geography of creativity over thirty years ago. This remarkable book summarises his immensely original and important research on the subject, which now dominates the geographical literature. It is the book that the world has been waiting for him to publish.’

– Sir Peter Hall, University College London, UK


ALSO OF INTEREST

Economic Geographies of GlobalisationEdited by Martin SokolSee page 1




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S Globalization Trends and Regional DevelopmentDynamics of FDI and Human Capital FlowsEdited by Roberta Capello, Politecnico di Milano, Italy and Tomaz Ponce Dentinho, University of the Azores, Portugal‘Global trends and local effects have been almost ubiquitous since the 1980s. However, few, like this book, have successfully examined the local effects of global trends and processes. Each of this book’s 10 chapters provides an empirically based analysis that illuminates the local effects driven by global forces.’

– Roger Stough, George Mason University, US


networks, Space and NEW CompetitivenessEvolving Challenges for Sustainable GrowthEdited by Roberta Capello, Politecnico di Milano, Italy and Tomaz Ponce Dentinho, University of the Azores, PortugalIn a period of increasing globalization and rapid increase in emerging countries, recognizing sources of regional competitiveness is of paramount importance. This timely and informative book identifies and analyses changes in the origins of regional advantage.


Knowledge Commercialization NEW and Valorization in Regional Economic DevelopmentInternational PerspectivesEdited by Tüzin Baycan, Istanbul Technical University, TurkeyThe commercialization of academic knowledge is increasingly seen as a potential economic development model, particularly for improving the capabilities and economic performance of regions. This insightful volume investigates the emerging factors in knowledge commercialization from an international perspective and highlights the research agenda and the challenges for academia, industry and government. While focusing especially on the new role of universities in regional economic development, the book addresses ‘knowledge commercialization’ in the US, ‘knowledge valorization’ in Europe and technology transfer dynamics in China. It also provides a forum for discussion of whether, why, and how the commercialization of knowledge can lead to higher levels of innovation and economic development.


Reshaping NEW PB regional PolicyEdited by Harry W. richardson, University of Southern California, Chang-Hee Christine Bae, University of Washington, Seattle, US and Sang-Chuel Choe, Presidential Committee on Regional Development, South Korea‘. . . this is a topical book as it describes the newest trends and changes in regional development policy in South Korea with great detail.’

– Robert Hassink, Regional Studies

This wide-ranging volume investigates the new directions in regional development policy taking shape around the world. In addition to contributions with individual emphasis on regional policy in Korea, the book compares, contrasts and extends regional policy thought in the European Union and other Asian countries.

2011 384 pp Hardback 978 1 84980 280 2 £89.95 Sept 2012 Paperback 978 0 85793 592 2 £35.00 Elgaronline 978 1 84980 578 0

International Handbook of Urban Policy, Volume 3Issues in the Developing WorldEdited by H.S. Geyer, Stellenbosch University, South Africa This important Handbook reveals that most urban growth takes place in the less developed world and much of it represents over-urbanization – that is, urbanization in which most migrants cannot effectively compete for employment, cannot find adequate shelter and do not have the means to feed themselves properly. Yet, compared to rural poverty, urban poverty is widely regarded as the lesser of the two evils.

Contributors: R. Behrens, D.P. Cilliers, S.S. Cilliers, H. de Zeeuw, J.E. Drewes, M.J. Du Toit, M. Dubbeling, H.S. Geyer, A. Golub, B. Graizbord, J.J. Klink, K. Landman, D. Mookherjee, S. Mukherji, M. Pacione, J. Pantelic, P. Salazar Ferro, H. Schalekamp, B. Srdanovic, A.S. Steyn, V. Watson, P. Wilkinson


Clusters and Economic NEW Growth in AsiaEdited by Sören Eriksson, Jönköping University, SwedenThis book provides a rich mix of perspectives that reflect the wide conceptual, empirical and theoretical interest in clusters and economic development with the focus on East and Southeast Asia. It is a valuable contribution to the cluster debate, able to offer insights to both academic researchers and economic development bodies. The authors study a number of interesting cases, industries and issues from countries such as China, Indonesia, Japan, Singapore, South Korea and Vietnam.


The Global Urban Competitiveness Report – 2011Pengfei ni, Chinese Academy of Social Sciences, China‘This Report – 2011 gives an overwhelming amount of comprehensive information for city managers trying to cope with the ever-increasing competition between cities in attracting investments, talent, firms, knowledge, events etc. Apart from an update of the ranking of 500 cities this new publication offers a lot of additional information, such as a selection of the best examples of competitive cities. The book is recommended for everybody interested in the strengths and weaknesses of the major cities in the world.’

– Leo van den Berg, Erasmus University Rotterdam, The Netherlands

2012 416 pp Hardback 978 0 85793 421 5 £105.00 Elgaronline 978 1 78100 892 8In Association with the Chinese Academy of Social Sciences

ALSO OF INTEREST

Innovation, Global Change and Territorial resilienceEdited by Philip Cooke, Mario Davide Parrilli and José Luis CurbeloSee page 13

Handbook of Regional Innovation and GrowthEdited by Philip Cooke, Bjørn Asheim, Ron Boschma, ron Martin, Dafna Schwartz and franz Tödtling and José Luis CurbeloSee page 14

foundations of the Knowledge EconomyEdited by Knut Ingar WesterenSee page 15

The Regional Economics of Knowledge and TalentEdited by Charlie Karlsson, Börje Johansson and Roger R. StoughSee page 15




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Handbook of Research Methods NEW and Applications in Urban EconomiesEdited by Peter Karl Kresl, Bucknell University, US and Jaime Sobrino, El Colegio de México‘This collection of essays provides a rich assortment of methods used to investigate the complex economic, social, environmental, demographic and political systems in cities throughout the world. It gives researchers, lecturers and students a useful taste of the different ways of studying these phenomena in diverse urban settings.’

– Ivan Turok, University of Glasgow, UK

Contributors include: J.A. Annema, R. Boix, J.M.P. da Cunha, J. Duminy, E. Fry, V. Galletto, K. Kourtit, P.K. Kresl, W. Lever, J.L. Lezama, J.F. McDonald, P. Ni, N. Odendaal, I. Orihuela, H. Priemus, S. Ronda, C. Salone, J. Sobrino, D.-G. Tremblay, J. Trullén, V. Ugalde, L. van den Berg, B. van Wee, V. Watson

Jan 2013 c 480 pp Hardback 978 0 85793 461 1 c £125.00 Elgaronline 978 0 85793 462 8Handbooks of Research Methods and Applications seriesElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Spatial Scenarios in a Global PerspectiveEurope and the Latin Arc CountriesEdited by Roberto Camagni and Roberta Capello, Politecnico di Milano, Italy‘The rise of endogenous growth thinking has produced an understanding that the national and in fact the global economy depends generally on supply side initiatives that for the most part are driven at the local regional level. Focusing endogenous forces at the regional level has become elemental in our thinking about development and competitiveness at all levels. This book demonstrates that building and testing “local after-crisis scenarios” before crises occur informs policy and leadership at the critical flex points along the regional development horizon.’

– Roger Stough, George Mason University, US

2011 224 pp Hardback 978 0 85793 561 8 £65.00 Elgaronline 978 0 85793 562 5New Horizons in Regional Science series

The Regional Impact of national PoliciesThe Case of BrazilEdited by Werner Baer, University of Illinois at Urbana-Champaign, USBrazil is a country of continental proportions whose gross domestic product is unevenly distributed among its various regions. The impact of general domestic economic policies has often been perceived as not being regionally neutral, but as reinforcing the geographic concentration of economic activities. This detailed book examines the regional impact of such general policies as: industrialization, agricultural modernization, privatization, stabilization, science and technology, labor, and foreign direct investment.

Written by recognized and respected scholars, this book fills a significant gap in the current literature on regional development in Brazil. Researchers and students in economics, economic history, political science and regional studies, and others interested in the economics of transition to a market system will find this comprehensive collection an invaluable resource.


European Cities and Global NEW CompetitivenessStrategies for Improving PerformanceEdited by Peter Karl Kresl, Bucknell University, US and Daniele Ietri, Università e Politecnico di Torino, Italy Europe is in a troubled state. The macro economic situation is in dire straits, national governments are close to being dysfunctional, and Europeans are facing austerity and relative decline. The one bright spot on this horizon is the potential for positive action at the level of the city or of urban regions. In this book, the authors have assembled a collection of original contributions by scholars from Europe, North America and Asia who have insights as to how local authorities in Europe might be able to chart a course for their city or urban region, in this period of extraordinary difficulty.

Sept 2012 c 336 pp Hardback 978 0 85793 828 2 c £85.00 Elgaronline 978 0 85793 829 9

Urban Competitiveness NEW and InnovationEdited by Pengfei ni, Chinese Academy of Social Sciences and Zheng Qiong Jie, Nanjing Academy of Social Sciences, Jiangsu, ChinaIncreasing competitiveness is highly relevant to cities, especially in today’s climate of economic globalization and the rapid development of information. This timely book explores the complex concept of competitiveness, examining themes including urban competitiveness, innovation, cities and industrial clusters. The expert contributors illustrate that innovation is a prerequisite for urban competitiveness enhancement and explore the various ways that urban competitiveness – based on innovation – can be approached in various ways.


Creative Knowledge CitiesMyths, Visions and RealitiesEdited by Marina van Geenhuizen, Delft University of Technology and Peter nijkamp, Free University of Amsterdam, the NetherlandsThis book adopts a holistic, integrated and pragmatic approach to exploring the myths, concepts, policies, key conditions and tools for enhancing creative knowledge cities, as well as expounding potentially negative impacts of knowledge based city policies.

The authors provide a critical reflection on the reality of city concepts including university–city alignment for campus planning, labour market conditions, social capital and proximity, triple helix based transformation, and learning by city governments. Original examples from both the EU and US are complemented by detailed case studies of cities including Rotterdam, Vienna and Munich. The book also examines the reality of knowledge cities in emerging economies such as Brazil and China, with a focus on institutional transferability.

2012 488 pp Hardback 978 0 85793 284 6 £120.00 Elgaronline 978 0 85793 285 3New Horizons in Regional Science series




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MIGRATION LEAFLETEmail: [email protected]


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N International Handbook on the NEW Economics of MigrationEdited by Klaus F. Zimmermann, Institute for the Study of Labor, GmbH (IZA), Bonn, Germany and Amelie Constant, DIW DC, Washington, DC, USMigration economics is a fast growing and exciting research area with very significant and rising policy relevance. While its scope is extending persistently, there is no adequate authorative treatement of the various branches in one volume. The new International Handbook on the Economics of Migration offers the latest experiences on migration research and tackles frontier issues in the field. It gives comprehensive guidance to economics scholars, inquiring researchers, students of migration, and policy advisors. This Handbook is a carefully commissioned and refereed compilation of 29 state-of-the-art chapters of research written by 43 leading experts in the field. Well-written and simply explained, each chapter comprises a critical assessment of the status quo and provides challenges to the traditional economics of migration by dealing also with taboo topics.

Jan 2013 c 600 pp Hardback 978 1 84542 629 3 c £100.00ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Handbook of Research Methods in MigrationEdited by Carlos Vargas-Silva, University of Oxford, UKThe chapters of this interdisciplinary Handbook maintain an introductory level of discussion on migration research methods, and also provide readers with references necessary for those wishing to go deeper into the topic. Covering both qualitative and quantitative topics, the expert contributors explore fundamental issues of scientific logic, methodology and methods to practical applications of different techniques and approaches in migration research.

Contributors: C. Amuedo-Dorantes, B. Anderson, R. Banerjee, D. Bartram, V. Bilger, I. Bloemraad, P. Boccagni, P.S. Bose, M. Caesar, C. Carletto, J. Carling, S. Castles, A. Chikanda, M.M. Chin, J. Crush, A. de Brauw, R. Delgado Wise, C. Eberhardt, E. Funkhouser, A. Gamlen, A. Hill, D. Hoerder, T. Iosifides, A.O. Law, F.A. Lozano, H. Márquez Covarrubias, D. McKenzie, C. Oxford, J. Parker Talwar, W. Pendleton, S. Pozo, B. Rogaly, M. Ruhs, L. Sánchez-Ayala, J. Shih, M. Siegel, R. Skeldon, M.D. Steinberger, I. van Liempt, C. Vargas-Silva, K. Warner, D. Yang


Migration Impact Assessment NEW

New HorizonsEdited by Peter nijkamp, Free University Amsterdam, The Netherlands, Jacques Poot, University of Waikato, New Zealand and Mediha Sahin, Free University Amsterdam, The Netherlands‘This book examines migration in a rapidly globalizing economy where it disrupts such relatively stable patterns as the trip to work, home, school and shopping on the one hand, and is itself transformed by continuously evolving ITC technology, declining relative transport cost and immigration policy dynamics. The perspective is global yet provides the reader with empirically based work representing Europe, North America and Asia, and international comparative studies changing migration patterns impact on trade and culture.’

– Roger R. Stough, George Mason University, US

Oct 2012 c 496 pp Hardback 978 0 85793 457 4 c £120.00 Elgaronline 978 0 85793 458 1New Horizons in Regional Science series

Recent Developments in the Economics of International MigrationEdited by Barry r. Chiswick, George Washington University, US and IZA – Institute for the Study of Labor, Bonn, Germany and Paul W. Miller, Curtin University, Australia‘The economics of immigration literature has grown in the last decade to reflect the complexity of economic issues arising from international migration. This collection is a comprehensive research resource which allows both the student and scholar to keep abreast with traditional topics and emerging economic issues in this field.’

– Don De Voretz, Simon Fraser University, Canada

50 articles, dating from 2000 to 2011 Contributors include: G.J. Borjas, D. Card, D. Cobb-Clark, C. Dustmann, R. Gregory, T. Hatton, L. Kahn, P. Kuhn, D. Massey, J. Williamson, K. Zimmermann

Series no. 264 Two volume set 2012 1,332 pp Hardback 978 1 84980 942 9 £425.00The International Library of Critical Writings in Economics seriesFull contents – www.e-elgar.com

Migration and Economic GrowthEdited by Mathias Czaika and Carlos Vargas-Silva, University of Oxford, UK‘Czaika and Vargas-Silva have curated a collection of classic studies combined with a few lesser-known interesting pieces that together provide a must-read overview of the range of important topics linking migration with economic growth.’

– David McKenzie, The World Bank

40 articles, dating from 1962 to 2011 Contributors include: R. Barro, G. Borjas, D. Card, F. Docquier, C. Dustmann, J. Hunt, R. Lucas, O. Stark, J. Taylor, D. Yang

Series no. 13 2012 876 pp Hardback 978 1 78100 353 4 £275.00The International Library of Studies on Migration seriesFull contents – www.e-elgar.com





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TRANSPORT LEAFLETEmail: [email protected]


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SA Dictionary of NEW PB Transport Analysis Edited by Kenneth Button, Henry Vega, George Mason University, US and Peter nijkamp, Free University of Amsterdam, The Netherlands‘There appears to be no other recently published work offering similar encyclopedic style coverage . . . A Dictionary of Transport Analysis is a quality book. . .’

– Reference Reviews


A Handbook of Transport EconomicsEdited by André de Palma, Ecole Normale Supérieure de Cachan, France, robin lindsey, University of British Columbia, Canada, Emile Quinet, Paris School of Economics, ENPC, Paris, France and Roger Vickerman, University of Kent, UK‘This Handbook is a stellar compilation of up-to-date knowledge about the important topics in transport economics. Authors include the very best in the field, and they cover the most important topics for today’s research and policy applications. Individual chapters contain sound, readable, well referenced explanations of each topic’s history and current status. I cannot think of a better place to start for anyone wanting to become current in the field or in any of its parts.’

– Kenneth Small, University of California-Irvine, US

Contributors: S.P. Anderson, H. Andersson, R. Arnott, B. Bartin, L.J. Basso, A. Behar, M. Ben-Akiva, Y. Berechman, M. Beuthe, C.R. Bhat, J. Bröcker, M.R. Brooks, K. Button, C.G. Chorus, J.A. Clougherty, M. Delucchi, A. de Palma, A. Estache, M. Fosgerau, R. Friedrich, P. Gagnepain, J.L. Gifford, D. Gillen, D. Graham, D.A. Hensher, E. Iossa, M. Ivaldi, S.R. Jara-Díaz, E. Juan, Y. Kanemoto, M. Lafourcade, J. Laird, R. Lindsey, P. Mackie, D. Martimort, D. McCubbin, D. McFadden, H. Meersman, J. Mercenier, C. Muller-Vibes, C. Nash, T.H. Oum, K. Ozbay, A.R. Pinjari, M. Ponti, S. Proost, R. Renault, P. Rietveld, E. Quinet, G. Santos, T. Tabuchi, J.-F. Thisse, H.J.P. Timmermans, A. Trannoy, N. Treich, L. Trujillo, E. Van de Voorde, T. Vanelslander, A.J. Venables, E. Verhoef, R. Vickerman, J.L. Walker, W.G. Waters II, M. Wegener, K. Yamaguchi, O. Yanmaz-Tuzel, Y. Yoshida, A. Zhang, Y. Zhang


The Handbook of Airline Economics NEW

A Global ApproachEdited by Darryl Jenkins, The American Aviation Institute and Embry Riddle Aeronautical University Airline Simulation Laboratory, USComprising eight sections on topics from airport delays and connections to revenue and costs within the industry, this Handbook addresses the fundamental lessons and concepts of airline economics. The authors – leading scholars and practitioners – raise questions and analyze data surrounding issues facing the commercial aviation business. They also introduce concepts relating to global networks and discuss how global networks operate.

Contributors include: D. Abbey, T. Antolovic, E. Amel, T. Bacon, B. Baldanza, J.N. Barrer, P. Belobaba, O. Betancor, B. Biffle, A. Cheng-Jui Lu, G. de Rus, J. Doniach, R. Eastman, I. Gershkoff, J. Goss, J. Hennessy, D. Jenkins, D.P. Kaplan, D. Lancelot, T.D. Larsen, J. Leber, R. Leick, S. Mandlebaum, J. Marks, S.D. Mendelow, M. Miller, P. Morrell, A. Murthy, J.D. Nickum, M. Raggio, S. Raghavan, T.M. Ravich, S. Shebalov, L. Sherry, R. Stilwell, K.I. Swartz, W.J. Swedish, B. Vasigh

May 2013 c 704 pp Hardback 978 1 84980 766 1 c £175.00 Elgaronline 978 1 84980 767 8ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Accessibility Analysis NEW and Transport PlanningChallenges for Europe and North AmericaEdited by Karst T. Geurs, University of Twente, The Netherlands, Kevin J. Krizek, University of Colorado, Boulder, US and Aura reggiani, University of Bologna, ItalyAccessibility is a concept central to integrated transport and land use planning. The goal of improving accessibility – for all modes, for all people – has made its way into mainstream transport policy and planning in communities worldwide. This unique book introduces new accessibility approaches to transport planning across Europe and the United States. The expert contributors present advanced interdisciplinary approaches in accessibility research and modelling with best practices in accessibility planning and evaluation, to better support integrated transport and land-use policy-making.

Oct 2012 c 336 pp Hardback 978 1 78100 010 6 c £75.00 Elgaronline 978 1 78100 011 3NECTAR Series on Transportation and Communications Networks Research

The Automotive NEW PB Industry in an Era of Eco-AusterityCreating an Industry as if the Planet MatteredPeter E. Wells, Cardiff University, UK‘A splendid analysis of how an automotive industry based on mass production has become an alien in our time – where diversity and personalised products and services have become the norm. Peter Wells presents an intriguing analysis of how the automotive industry can find ways forward and re-invent itself. A must read for all interested in sustainable mobility, as well as strategists in the automotive industry.’

– Arnold Tukker, TNO Built Environment and Geosciences, The Netherlands


Transport TEXTBOOK Economics, 3rd EditionKenneth Button





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Economy and Society in EuropeA Relationship in CrisisEdited by Luigi Burroni, University of Teramo, Italy, Maarten Keune, University of Amsterdam, The Netherlands and Guglielmo Meardi, University of Warwick, UK‘Improving our understanding of how economy and society interrelate in Europe is of paramount importance. The rigorous and thought-provoking analyses about the interaction between markets and the institutions of society contained in this book undoubtedly represent an excellent example of how this improvement can be achieved, especially in these times of crisis.’

– Andrés Rodríguez-Pose, London School of Economics, UK

While an economy is always ‘embedded’ in society, the relationship between the two is undergoing profound changes in Europe, resulting in widespread instability which is emphasised by the current crisis. This book analyses these changes, and in particular pressures of intensifying international competition, globalization and financialization within Europe.


The Economics of European NEW Integration, Second EditionMiroslav n. Jovanović, United Nations Economic Commission for Europe, Geneva and University of Geneva, SwitzerlandAcclaim for the first edition:

‘The book is essential for students in European studies, international economics and business or international relations at both graduate and postgraduate level.’

– Ricardo Pinheiro-Alves, The Times Higher Education Supplement


European Integration NEW in a Global EconomyCESEE and the Impact of China and RussiaEdited by Ewald nowotny, Peter Mooslechner and Doris Ritzberger-Grünwald, Oesterreichische Nationalbank, Austria ‘The emergence of the BRICs and of China in particular has played an important if underappreciated role to the competitive difficulties of Greece, Portugal and other Southern European countries. The contributors to this volume warn that similar challenges now confront the economies of Eastern and South-Eastern Europe, many of which compete head to head with China in international markets. More reassuringly, the authors also specify an agenda for structural adjustment, product upgrading and deeper integration with Western Europe that offers hope for meeting the China challenge.’

– Barry Eichengreen, University of California, Berkeley, US

This important book discusses European integration in a global economic setting, investigating the impact of China and Russia as emerging global players in the catching-up process in Central, Eastern and South-Eastern Europe.

Oct 2012 c 256 pp Hardback 978 1 78100 949 9 c £70.00 Elgaronline 978 1 78100 950 5Published in Association with Oesterreichische Nationalbank, Austria


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Globalization and TransportEdited by Kenneth Button and Henry Vega, George Mason University, USThe field of globalization and transport has witnessed a surge in interest over the past two decades with scholars questioning the reasoning behind its growth, its impact on the environment and trade as well as its effect on the development of cities and supply chain logistics. The editors have selected seminal works from leading academics to address these issues and outline the diverse and controversial nature of this subject. Along with an original introduction, this timely volume will be of immense value to researchers, students and practitioners in the field of globalization and transport.

39 articles, dating from 1925 to 2010 Contributors include: C. Asmussen, K. Debbage, M. Hesse, D. Hummels, D.S. Jacks, P. Krugman, P. Nijkamp, A. Ramsay, P. Turnbull, A. Venables

Series no. 24 2012 752 pp Hardback 978 1 84844 219 1 £240.00The Globalization of the World Economy seriesFull contents – www.e-elgar.com

Recent Developments NEW in the Economics of TransportEdited by Roger Vickerman, University of Kent, UK‘This volume contains a set of readings which cover the main themes of efficiency, regulation, land use and regional development. This selection provides the concepts, theory, methodology and applications in some of the main fields of transport economics. The introduction to the collection gives an excellent overview of new developments as well as to the readings themselves. This book contains a selection of recent contributions and it shows the vitality of transport economics and the interplay between theory and empirical work. This is an excellent handbook for economic researchers and for postgraduate courses in transport economics.’

– Ginés de Rus, University of Las Palmas de G.C. and University Carlos III de Madrid, Spain

59 articles, dating from 1990 to 2010 Contributors include: A. Anas, S. Anderson, K. Behrens, P. Buckley, M. Fosgerau, D. Levinson, C. Nash, J. Nilsson, T. Oum, A. Venables

Series no. 269 Two volume set oct 2012 c 1,260 pp Hardback 978 1 78100 649 8 c £405.00The International Library of Critical Writings in Economics seriesFull contents – www.e-elgar.com

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The Chinese Steel Industry’s NEW TransformationStructural Change, Performance and Demand on ResourcesEdited by Ligang Song, Australian National University and Haimin Liu, China Steel Industry Development Research Institute, China‘Chinese economic reform and opening to the international economy since the late 1970s have changed the country and the world. The developments in the steel industry through the reform period are central to those changes, illuminative of them, and of immense significance in themselves. This book throws new light on these historic changes for Chinese and foreign readers alike.’

– From the foreword by Ross Garnaut, University of Melbourne, Australia


Chinese Investment in NEW the World EconomyRoger Farrell, The Australian National UniversityChina’s remarkable emergence as the world’s second largest economy and an important international investor is one of the most momentous events of the last decade. As this process continues inexorably, a large number of Chinese state-owned firms have become key investors in a range of industries across the globe. These have built a trading network to support China’s burgeoning exports, invested in energy and mineral supply security through equity holdings in oil, iron ore and gas projects, acquired shares in many leading Western companies and built up huge holdings in portfolio assets such as US government securities. In this book Roger Farrell explains and analyses trends in Chinese investment in the world economy and the strategic themes underlying these capital outflows.

Feb 2013 c 240 pp Hardback 978 1 84980 073 0 c £65.00

Asian Monetary Integration NEW

Coping with a New Monetary Order After the Global CrisisWoosik Moon and Yeongseop Rhee, Seoul National University, South KoreaNumerous ideas for monetary and financial cooperation in East Asia have been proposed both within and outside the region since the financial crisis in Asia. Despite this strong level of interest, however, there are few studies that aim to comprehensively address the issue from multiple perspectives. This insightful book redresses the balance and illustrates how East Asian countries plan to take advantage of their rising economic power in rearranging the new international monetary and financial order in the post-crisis era.


Japan’s Great StagnationForging Ahead, Falling BehindW.R. Garside, Waseda University, Japan and University of Durham, UK‘Recent events have rendered Japan’s lost decades all the more relevant to the rest of us. Rick Garside, in this wide-ranging and accessible account, explores the political economy of Japan’s great stagnation with an eye toward describing how other advanced economies can avoid going down the same path.’

– Barry Eichengreen, University of California, Berkeley, US

This timely book presents a critical examination of the developmental premises of Japan’s high-growth success and its subsequent drift into recession, stagnation and piecemeal reform. The country, which within a few decades of wartime defeat mounted a serious challenge to American hegemony, appeared incapable of fully adjusting to shifting economic circumstance once the impulses of catch-up growth and the good fortune of an accommodating international environment faded.


The Economy of China NEW PB

Linda Yueh, University of Oxford and London Business School, UK‘By examining the institutional reforms used to make the transition, Yueh provides a comprehensive and exceptionally insightful analysis of economic change in what has become the world’s second biggest economy. . . Highly recommended.’

– C.A. Haulman, Choice

The emergence of China since 1979 has been a hallmark in the global economy, not only in the past but also in this century. This comprehensive book provides an analytical view of the remarkable economic development of the most exciting economy in the world.

2010 264 pp Hardback 978 1 84542 194 6 £68.00 2012 Paperback 978 1 78100 398 5 £25.00 Elgaronline 978 1 84980 565 0Awarded Choice Outstanding Academic Title for 2011

Asia rising NEW

Growth and Resilience in an Uncertain Global EconomyEdited by Hal Hill, Australian National University and Maria Socorro Gochoco-Bautista, Asian Development BankThe centre of global economic activity is shifting rapidly towards Asia, driven by the economic dynamism of China, India and several other middle-income Asian countries, combined with sluggish growth in the OECD economies. A range of major challenges arises from this rapid growth and rising global prominence, both for emerging Asia and for the rest of the world. This comprehensive and forward-looking book examines these issues through in-depth studies of six major Asian economies and an analysis of the key development policy options.

Dec 2012 c 320 pp Hardback 978 1 78100 797 6 c £75.00 Elgaronline 978 1 78100 798 3In Association with the Asian Development Bank


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Clusters and Economic Growth in AsiaEdited by Sören Eriksson See page 30




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Aging, Economic Growth, NEW and old-Age Security in AsiaEdited by Donghyun Park, Asian Development Bank (ADB), Phillippines, Sang-Hyop lee and Andrew Mason, University of Hawaii at Manoa, Hawaii and East-West Center, Hawaii, USPopulation aging is perhaps the single biggest economic and social obstacle confronting Asia’s future. The region-wide demographic transition towards an older population is fundamentally reshaping the demographic landscape, and is giving rise to two key socio-economic challenges. This timely book provides an in-depth analysis of these challenges and presents concrete policy options for tackling them. First, the expert contributors argue, Asia must find ways to sustain rapid economic growth in the face of less favorable demographics, which implies slower growth of the workforce. Second, they contend, Asia must find ways to deliver affordable, adequate and sustainable old-age economic security for its growing elderly population.

Oct 2012 c 320 pp Hardback 978 1 78195 230 6 c £80.00 Elgaronline 978 1 78195 360 0In Association with the Asian Development Bank Institute

Monetary and Currency Policy Management in AsiaEdited by Masahiro Kawai, Peter J. Morgan, Asian Development Bank Institute, Tokyo and Shinji Takagi, Osaka University, JapanThis book makes concrete macroeconomic policy recommendations for Asian economies aimed at minimizing the impacts of an economic and financial downturn, and setting the stage for an early return to sustainable growth. The focus is on short-term measures related to the cycle. The three main areas addressed are: monetary policy measures to achieve both macroeconomic and financial stability; exchange rate policy and foreign exchange reserve management, including the potential for regional exchange rate cooperation; and ways to ease the constraints on policy resulting from the so-called ‘impossible trinity’ of fixed exchange rates, open capital accounts and independent monetary policy.

2012 320 pp Hardback 978 0 85793 334 8 £80.00 Elgaronline 978 0 85793 335 5ADBI series on Asian Economic Integration and CooperationA Joint Publication of the Asian Development Bank Institute and Edward Elgar Publishing

Implications of the Global Financial Crisis for Financial Reform and regulation in AsiaEdited by Masahiro Kawai, Asian Development Bank Institute, Japan, David G. Mayes, The University of Auckland, New Zealand and Peter J. Morgan, Asian Development Bank Institute, Japan‘What are the lessons of the global financial crisis of 2007–2009 for Asia? This is a key issue for Asia today. On one hand, some observers argue that following the Asian financial crisis in 1997–98, most Asian developing countries built up strong mechanisms to guarantee financial stability. But the recent financial shocks across America and Europe show that even the best financial systems have key weaknesses. This book is a valuable guide for Asian financial policymakers of the road ahead.’

– Peter McCawley, Australian National University

2012 296 pp Hardback 978 0 85793 471 0 £75.00 Elgaronline 978 0 85793 472 7ADBI series on Asian Economic Integration and CooperationIn Association with the Asian Development Bank Institute

Asian responses to the Global Financial CrisisThe Impact of Regionalism and the Role of the G20Edited by Jehoon Park, University of Incheon, South Korea, T.J. Pempel, University of California, Berkeley, US, and Geng Xiao, Fung Global Institute, Hong KongThis book takes account of the global financial crisis from Asian perspectives, considering Asian responses to the crisis via two key arenas – regionalism in Asia and the G20. The expert contributors – both Asian and Western – illustrate that as G20 members, many Asian countries are now able to showcase the increasing powers and roles of Asian countries in global issues. Within these contexts, and via multidisciplinary economic and political science viewpoints, the book deals with various issues such as World System analysis, the debate between Washington Consensus and Beijing Consensus, roles within the G20 and the contribution of middle powers such as Korea and Australia. The application of European experiences to Asia is also considered, as are perspectives from the US.


China’s Economic Development NEW

Institutions, Growth and ImbalancesLu Ming, Zhao Chen, Yongqin Wang, Yan Zhang, Yuan Zhang and Changyuan luo, Fudan University, ChinaWritten by distinguished Chinese academics, this book provides a unique and rare insight into the development of the modern Chinese economy. Three major factors are analyzed indepth: economic decentralization and political centralization; the urban–rural divide; and relational society. While contemporary China has obviously made great economic strides, it can be seen that a wide variety of problems are accumulating over time. The work also highlights that after three decades of high economic growth, China is now facing great challenges of sustainable growth and the institutions of China’s economy have reached a critical period.


Infrastructure for Asian Connectivity NEW

Edited by Biswa nath Bhattacharyay, Asian Development Bank, Philippines, Masahiro Kawai, Asian Development Bank Institute, Japan and rajat M. nag, Asian Development Bank, Philippines This book addresses the prospects and challenges concerning both soft and hard infrastructure development in Asia and provides a framework for achieving Asian connectivity through regional infrastructure cooperation towards a seamless Asia.

Sept 2012 c 520 pp Hardback 978 1 78100 312 1 £120.00 Elgaronline 978 1 78100 313 8ADBI series on Asian Economic Integration and CooperationIn Association with the Asian Development Bank Institute

Making Capitalism in Rural ChinaMichael Webber, The University of Melbourne, AustraliaThis stimulating and challenging book explores the duplicitous nature of development in China. On the positive side, it brings longer and healthier lives; fewer children dead before they are five years old; more comfort and security from famine and disaster; more education; more communication; more travel; less war. But from another, darker perspective, development brings violence to some people – those who are in the way of the new things, those who cannot adapt to the new ways – and it threatens old knowledges, habits and societies as it disrupts old power structures.





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Law and Economics NEW for Civil law SystemsEjan Mackaay, Université de Montréal and CIRANO, Canada‘In this book, Professor Mackaay provides a wonderfully lucid and insightful elucidation of law and economics concepts as applied to civil law systems. Professor Mackaay’s new book will substantially advance the study of economic analysis of law in civil law jurisdictions, as well as substantially enhancing opportunities for comparative law and economics research by scholars in common law jurisdictions.’

– Michael Trebilcock, University of Toronto, Canada

This unique volume presents the core ideas of law and economics for audiences primarily familiar with civil law systems.



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Trade and Industrial Development in East AsiaCatching Up or Falling BehindPeter C.Y. Chow, CUNY, City College and Graduate Center, USTrade as an engine of growth has played a catalyst role in East Asian development; through vigorous study of performances in past decades, East Asian trade and industrialization experiences may offer some lessons for other developing countries. This book covers trade and industrial structures for ten countries and regions including Japan, China, Hong Kong, Korea, Singapore, Taiwan, Indonesia, Malaysia, the Philippines and Thailand.


Regional Integration and Economic Development in South AsiaEdited by Sultan Hafeez Rahman, Asian Development Bank, Sridhar Khatri, South Asia Center for Policy Studies and Hans-Peter Brunner, Asian Development Bank South Asian leaders have made it a priority to tackle key regional issues such as poverty, environment degradation, trade and investment barriers and food insecurity, among others. This book considers the leadership of the South Asian Association for Regional Cooperation (SAARC) and the interaction with civil society in the process of South Asian regional cooperation and integration, and discusses how the emerging urgency in the provision of regional public goods provides an excellent opportunity to add to the successes in South Asian regional integration.

2012 424 pp Hardback 978 1 78100 327 5 £115.00 Elgaronline 978 1 78100 524 8In Association with the Asian Development Bank Institute

Economic Integration NEW Across the Taiwan StraitGlobal PerspectivesEdited by Peter C.Y. Chow, CUNY, City College and Graduate Center, USDespite their controversial political relationship, Taiwan and China remain very much entwined economically. This timely volume explores the complicated state of economic and trade relations between the two countries, meticulously unraveling the issue’s various threads and presenting an authoritative breakdown of a complex and fascinating economic linkage.


The Asia-Pacific, Regionalism and the Global SystemEdited by Christopher M. Dent, University of Leeds, UK and Jörn Dosch, University of Leeds, UK and Monash University Sunway Campus, MalaysiaEver since the Asia-Pacific transformed from an ‘institutional desert’ into one of the most networked areas in the world, questions of the region’s future and the future of the global system have become closely intertwined. This volume explores the key issues of regional co-operation, economic and political integration, security relations and international affairs within and across the Asia-Pacific.

2012 304 pp Hardback 978 1 78100 446 3 £80.00 Elgaronline 978 1 78100 447 0In Association with the World University Network (WUN)

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The Law and Economics NEW of the AnticommonsFragmentation of Property RightsBen Depoorter, University of California, Hastings College of Law, US and Ghent University, Belgium and Francesco Parisi, University of Minnesota, US and University of Bologna, ItalyThis book studies the effect of property right fragmentation and underlines the importance of careful institutional ordering of property rights. It introduces a formal and integrated model of anticommons fragmentation, and reveals insights that may aid policy makers and scholars to resolve policy and interpretation issues in several areas of law. The authors provide novel applications of the concept of anticommons ownership to legal rules and doctrines in various legal systems.

Jan 2013 c 160 pp Hardback 978 1 84542 876 1 c £65.00New Horizons in Law and Economics series


LAW & ECONOMICS LEAFLETEmail: [email protected]


ALSO OF INTEREST

A legal Theory of Economic PowerBy Calixto Salomão filhoSee page 9

Research Handbook on Public Choice and Public LawEdited by Daniel A. farber and Anne Joseph o’ConnellSee page 41




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Economics of International Trade Law NEW

Edited by Alan o. Sykes, Stanford University, USIn this collection, Professor Sykes brings together seminal papers published by leading academics in the highly topical field of economics and international trade law. This authoritative two-volume set covers areas including the basic theory of trade agreements, dispute resolution, safeguard measures, subsidies and countervailing measures and international trade and domestic resolution. This set, together with an original introduction by the editor, will be a valuable research tool for academics and practitioners with an interest in the economics of international trade law.

48 articles, dating from 1953 to 2011 Contributors include: K. Bagwell, J. Bhagwati, G. Grossman, A. Guzman, H. Horn, H. Johnson, P. Krugman, R. Lawrence, R.Lipsey, G. Maggi

Two volume set Jan 2013 c 1,356 pp Hardback 978 1 84542 650 7 c £380.00

law and Economics of Uncertainty NEW

Edited by Joshua C. Teitelbaum, Georgetown University, USThis two-volume collection comprises a selection of the most important works on the economics of uncertainty and its legal applications. The first volume presents seminal contributions to the theory of decision making under uncertainty, from Bernoulli to the present. The second volume continues with articles at the cutting edge of decision theory and the economic analysis of law under uncertainty. Along with an original introduction by Professor Teitelbaum providing an insightful overview of the works selected, this authoritative collection will be a valuable source of reference for economists and legal scholars.

41 articles, dating from 1931 to 2011 Contributors include: R. Aumann, D. Ellsberg, I. Gilboa, C. Manski, E. Posner, L. Savage, D. Schmeidler, U. Segal, A. Stein, E. Talley

Two volume set May 2013 c 1,392 pp Hardback 978 0 85793 450 5 c £390.00

Design of Constitutions NEW

Edited by Stefan Voigt, University of Hamburg, GermanyAlmost anywhere in the world, new constitutions are written and passed at almost any time. Over the last couple of years, an increasing number of economists have analysed constitutions based on an economic approach with an emphasis firstly on the (economic) effects of constitutions and followed by the factors determining their content. The contributions assembled in this volume go one step further: they ask how the knowledge gained over the last number of years can usefully be applied to constitutional design. This new branch could also be termed applied constitutional economics. Along with an original introduction, Professor Voigt has compiled a valuable research collection that will be of interest to scholars and practitioners in this growing field.articles.

23 articles, dating from 1995 to 2010 Contributors include: B. Ackerman, A. Alesina, R. Congleton, T. Ginsburg, D. Mueller, T. Persson, D. Rubinfeld, G. Tabellini, B. Weingast

Feb 2013 c 696 pp Hardback 978 0 85793 790 2 c £195.00

The Coase Theorem NEW

Edited by richard A. Posner, United States Court of Appeals for the Seventh Circuit and University of Chicago Law School and Francesco Parisi, University of Minnesota, US and University of Bologna, ItalyThis two-volume collection provides an overview of essential works for understanding one of the most important contributions to the field of law and economics: the Coase Theorem. A variety of prominent scholars contribute crucial essays, each exploring different aspects of Coase’s work. Volume I explores the origins, restatements and extensions of Coase’s Theorem and contains subsections on sources, positive restatements, normative corollaries, ‘Coaseanism’, and Coase’s intellectual legacy. Volume II considers criticisms and applications of the Coase Theorem covering surveys and applications, Coasean Bargaining, Coase and the Constitution, political markets, liability, critiques, and experimental testing of the theorem.

55 articles, dating from 1959 to 2010 Contributors include: P. Bernholz, J. Buchanan, G. Calabresi, R. Cooter, H. Demsetz, R. Epstein, L. Kaplow, D. Melamed, P. Samuelson, G. Stigler

Two volume set Jan 2013 c 1,224 pp Hardback 978 0 85793 791 9 c £295.00

Economics of Bankruptcy NEW

Edited by Edward R. Morrison, Columbia Law School, USThis timely book surveys seminal contributions to the economics of bankruptcy. It offers a comprehensive compilation of work by both legal scholars and economists working in the fields of corporate and consumer finance beginning with Baird, Jackson and Rea before showcasing papers that extend, test and revise their theories. An original introduction, written by the editor, provides a commentary on the featured papers and also points to questions that merit further study. This collection is an indispensable source of reference for anyone interested in the economics of bankruptcy.

45 articles, dating from 1982 to 2009 Contributors include: B. Adler, P. Aghion, G. Andrade, D.G. Baird, L. Bebchuck, P. Bolton, A. Bris, J. Franks, S. Gilson, A. Schwartz, M. White

Series no. 34 Two volume set oct 2012 c 1,596 pp Hardback 978 1 84542 641 5 c £495.00

Law and Economics of InsuranceEdited by Daniel Schwarcz, University of Minnesota Law School, US‘Often considered quite diverse, law and economics impact on the insurance industry in almost equal measure, which means that this copiously footnoted two-volume work, with its extensive bibliographies, will offer perspectives on the economic implications of the law which will be useful to insurance lawyers, economists, academics and graduate students alike.’

– Phillip Taylor and Elizabeth Taylor, The Barrister Magazine

34 articles, dating from 1982 to 2011 Contributors include: K. Abraham, M. Boardman, J. Cummins, R. Epstein, A. Finkelstein, M. Hoy, H. Kunreuther, K. Logue, P. Siegelman, A. Sykes

Series no. 32 Two volume set 2012 1,476 pp Hardback 978 0 85793 128 3 £465.00

The Economics of RemediesEdited by Ariel Porat, Tel Aviv University, Israel and University of Chicago, US‘This is a wonderful collection of timeless gems and more recent scholarship on the economics of remedies in tort and contract law. All future scholarship in this field must start from this body of work conveniently collected and presented in a single volume that lays the foundation for an integration of analysis in the field of remedies in private law.’

– Michael Treblicock, University of Toronto, Canada

18 articles, dating from 1972 to 2011 Contributors include: L. Bechuk, G. Calabresi, R. Cooter, R. Craswell, L. Kaplow, S. Levmore, M. Polinsky, A. Schwartz, R. Scott, S. Shavell


Law and Economics of InnovationEdited by Eli M. Salzberger, University of Haifa, Israel and European Association for Law and Economics‘Lawyers, post-graduate students of law and economics, as well as policy makers and judges concerned with the issues raised by class actions will find this book, with its copious footnotes, a valuable tool for further research into this emerging area of law.’

– Phillip Taylor and Elizabeth Taylor, The Barrister Magazine

22 articles, dating from 1976 to 2010 Contributors include: Z. Acs, M. Carrier, R. Eisenberg, J. Golden, B. Kogut, P. Romer, N. Rosenberg, S. Shavell, D. Teece, T. Wu


Economic Approaches to Law series





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Research Handbook on the NEW Economics of Labor and Employment lawEdited by Michael L. Wachter, University of Pennsylvania Law School and Cynthia l. Estlund, New York University School of Law, USThis Research Handbook assembles the original work of leading legal and economic scholars, working in a variety of traditions and methodologies, on the economic analysis of labor and employment law. In addition to surveying the current state of the art on the economics of labor markets and employment relations, the volume’s 17 chapters assess aspects of traditional labor law and union organizing, the law governing the employment contract and termination of employment, employment discrimination and other employer mandates, restrictions on employee mobility, and the forum and remedies for labor and employment claims.

Contributors include: R. Arnow-Richman, S. Deakin, Z. Eigen, R. Epstein, C. Estlund, S. Estreicher, B. Hirsch, A. Hyde, S. Issacharoff , C. Jolls, B. Kaufman, M. Kleiner, B. Sachs, E. Scharff, S. Schwab, M. Wachter, D. Weil

Dec 2012 c 720 pp Hardback 978 1 84980 101 0 c £175.00 Elgaronline 978 1 78100 611 5Research Handbooks in Law and Economics seriesElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Research Handbook on the Economics of Antitrust lawEdited by Einer R. Elhauge, Harvard Law School, USOne might mistakenly think that the long tradition of economic analysis in antitrust law would mean there is little new to say. Yet the field is surprisingly dynamic and changing. The specially commissioned chapters in this landmark volume offer a rigorous analysis of the field’s most current and contentious issues.

Contributors: J.B. Baker, R.D. Blair, A. Bradford, N. Economides, A. Edlin, E. Elhauge, D.S. Evans, J.S. Haynes, B. Klein, A.K. Klevorick, I.B. Kohler-Hausmann, J. Kwoka, D. Reitman, D.L. Rubinfeld, H.A. Shelanski, C.J. Sprigman, A.L. Wickelgren

2012 424 pp Hardback 978 1 84844 080 7 £125.00 Elgaronline 978 0 85793 809 1Research Handbooks in Law and Economics seriesElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Research Handbook on the Economics of European Union LawEdited by Thomas Eger, University of Hamburg and Hans-Bernd Schäfer, Bucerius Law School, Hamburg and University of Hamburg, GermanyThis comprehensive work comprises original essays by authors well known for their work on the European Union. Together they provide the reader with an economic analysis of the most important elements of EU law and the mechanisms for decisions within the EU.

The Handbook focuses particularly on how the development of EU law negotiates the tension between market integration, national sovereignty and political democracy. The book begins with chapters examining constitutional issues, while further chapters address the establishment of a single market.

Contributors include: H. Brücker, F. Cafaggi, E. Carbonara, T. Eger, M. Faure, J. Fidrmuc, N. Garoupa, F. Gómez, M. Holler, P. Leyens, B. Luppi, A. Nicita, R. Pardolesi, F. Parisi, J. Pelkmans, H.-B. Schäfer, H. Siekmann, G. Tsebelis, S. Voigt, H.-J. Wagener

2012 444 pp Hardback 978 1 84980 100 3 £135.00 Elgaronline 978 1 78100 527 9Research Handbooks in Law and Economics seriesElGAr orIGInAl rEfErEnCE • full contents – www.e-elgar.com

Research Handbook NEW PB on the Economics of Property lawEdited by Kenneth Ayotte, Northwestern University School of Law and Henry E. Smith, Harvard Law School, USLeading scholars in the field of law and economics contribute their original theoretical and empirical research to this major Handbook. Each chapter analyzes the basic architecture and important features of the institutions of property law from an economic point of view, while also providing an introduction to the issues and literature.

Contributors: B.E. Adler, L.J. Alston, B. Arruñada, K. Ayotte, P. Bolton, L.A. Fennell, W.A. Fischel, E. Harris, M.A. Heller, K.N. Hylton, D.B. Kelly, G.D. Libecap, D. Lueck, T.W. Merrill, B. Mueller, C.M. Rose, H.E. Smith, L.J. Strahilevitz, G. Triantis, M. Zelder

2011 416 pp Hardback 978 1 84720 979 5 £125.00 2012 Paperback 978 1 84980 748 7 £35.00 Elgaronline 978 1 84980 897 2Research Handbooks in Law and Economics seriesElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Research Handbook on the Economics of Criminal LawEdited by Alon Harel, Hebrew University, Israel and Boston University and Keith n. Hylton, Boston University, USJeremy Bentham and Gary Becker established the tradition of analyzing criminal law in utilitarian and economic terms. This seminal book continues that tradition with specially commissioned, original papers that span the philosophical foundations of the use of economics in criminal law, both traditional economic perspectives and behavioral and experimental approaches to the discipline.

Contributors: J. Arlen, N. Garoupa, M.D. Guttentag, A. Harel, K.N. Hylton, J. Klick, J. MacDonald, T.J. Miceli, R.A. Mikos, M.C. Mungan, T. Stratmann, A.D. Tabbach


Research Handbook on the Economics of Corporate LawEdited by Claire A. Hill and Brett H. McDonnell, University of Minnesota Law School, USComprising essays specially commissioned for the volume, leading scholars who have shaped the field of corporate law and governance explore and critique developments in this vibrant and expanding area and offer possible directions for future research.

Contributors: R.B. Ahdieh, V. Atanasov, S.M. Bainbridge, B. Black, M.M. Blair, M.T. Bodie, C.S. Ciccotello, D.C. Clarke, L.A. Cunningham, A. Darbellay, S.M. Davidoff, L.M. Fairfax, F. Ferri, J.E. Fisch, T. Frankel, R.J. Gilson, S.J. Griffith, C.A. Hill, R. Kraakman, D.C. Langevoort, I.B. Lee, B.H. McDonnell, R.W. Painter, F. Partnoy, D.G. Smith, R.S. Thomas, R.B. Thompson, D.I. Walker, C.K. Whitehead


Research Handbooks in Law and Economics seriesSeries editors: richard A. Posner, United States Court of Appeals for the Seventh Circuit and University of Chicago Law School, US and Francesco Parisi, University of Minnesota, US and University of Bologna, ItalyEdited by highly distinguished scholars, the landmark reference works in this series offer advanced treatments of specific topics that reflect the state-of-the-art of research in law and economics, while also expanding the law and economics debate.




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Private Property and Takings NEW CompensationTheoretical Framework and Empirical AnalysisYun-chien Chang, Academia Sinica, Taiwan‘Chang’s book represents the state of the art in the legal, economic,and political analysis of compensation for physical takings. Writing with analytical skill and clarity, Chang makes a strong case for fair market value compensation with financial bonuses to properly incentivise assessors.’

– Daniel L. Rubinfeld, University of California, Berkeley, US


law, Economics and NEW PB Evolutionary TheoryEdited by Peer Zumbansen, York University, Canada and Gralf-Peter Calliess, University of Bremen, Germany ‘Zumbansen and Calliess have done a wonderful job in assembling papers from the leading scholars in the field, who draw on evolutionary approaches for explaining developments in both economics and the law. Anybody interested in issues of institutional change will be inspired by the wealth of ideas and the diversity of perspectives.’

– Stefan Voigt, University of Hamburg, Germany


International Handbook on the Economics of Corruption, Volume TwoEdited by Susan rose-Ackerman, Yale University, US and Tina Søreide, Chr. Michelsen Institute, NorwayA companion volume to the International Handbook on the Economics of Corruption published in 2006, the specially commissioned papers in Volume Two present some of the best policy-oriented research in the field. They stress the institutional roots of corruption and include new research on topics ranging from corruption in regulation and procurement to vote buying and private firm payoffs.

Contributors: T.S. Aidt, D.M. Aldrighi, E. Auriol, F. Boehm, E. Buscaglia, B. Clausen, S. Cole, A. Estache, B. Flyvbjerg, Y. Jeong, C. Kenny, A. Kraay, A. Lambert-Mogiliansky, E. Molloy, P. Murrell, M. Musatova, L.V. Peisakhin, G. Piga, J.D. Potter, F. Recanatini, S. Rose-Ackerman, T. Søreide, S. Straub, M. Tavits, A. Tran, R. Truex, M. Vagliasindi, P.C. Vicente, R.J. Weiner, L. Wren-Lewis


What Makes Poor Countries Poor?Institutional Determinants of DevelopmentMichael J. Trebilcock and Mariana Mota Prado, University of Toronto, Canada ‘Law and development is a difficult field. It is at once multi-disciplinary and comparative; historical and policy driven; theoretical and empirical; positive and normative. Here at long last is a book that provides a masterful overview and critical analysis that will make this field accessible to students and teachers alike.’

– Katharina Pistor, Columbia Law School, US


Regulation and EconomicsEdited by Roger J. Van den Bergh, Erasmus University Rotterdam and Alessio M. Pacces, Erasmus University Rotterdam, The Netherlands and European Corporate Governance Institute ‘This book of essays on the economics of regulation is comprehensive and authoritative, and is particularly noteworthy for its emphasis on European as well as American regulatory methods. The international perspective is important because of the long history of regulatory failures on both continents, the increasing integration of the economies of both continents, and the resulting need of both regulatory cultures to learn from each other.’

– Richard A. Posner, Judge, United States Court of Appeals for the Seventh Circuit and University of Chicago Law School, US

Contributors: A. Arcuri, D. Black, K.J. Cseres, P.M. Danzon, A. de Hauteclocque, J. den Hertog, M.G. Faure, C. Gibson, D. Heremans, W. Jacobs, B. Kuipers, J.H. Love, C. McKean, B. Moselle, J.S. Netz, R.N. Olsen, A.M. Pacces, Y. Perez, N.J. Philipsen, H. Piffaut, D. Porrini, A. Renda, N. Rickman, P.H. Rubin, F.H. Stephen, R.J. Van den Bergh, M. White

Series no. 9 2012 800 pp Hardback 978 1 84720 343 4 £225.00 Elgaronline 978 1 78254 046 5Encyclopedia of Law and Economics, Second EditionElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Procedural Law and EconomicsEdited by Chris William Sanchirico, University of Pennsylvania Law School and Wharton School, US‘The second edition of Procedural Law and Economics is an expanded and updated collection that highlights new developments and reiterates older themes. The volume will be essential reading both for economists who want an introduction to a core legal subject, and for legal scholars seeking new insights into the such topics as settlement, fee shifting, and class actions.’

– Susan Rose-Ackerman, Yale University, US

Series no. 8 2012 544 pp Hardback 978 1 84720 824 8 £145.00 Elgaronline 978 1 78254 047 2Encyclopedia of Law and Economics, Second EditionElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

The Law and Economics of Class Actions in EuropeLessons from AmericaEdited by Jürgen G. Backhaus, Erfurt University, Germany, Alberto Cassone, Università del Piemonte Orientale and Giovanni B. Ramello, Università del Piemonte Orientale and International Programme IEL – Institutions, Economics and Law, Italy‘The availability and performance of class actions is a fundamental question being addressed in many legal systems. Class actions offer a rare opportunity for individuals with small losses to obtain redress against large companies and may provide important incentives to comply with the law. Effective class actions that provide these benefits exist in few countries. This book assembles leading scholars from around the world to provide important new insights into the theory and practice of this important legal procedure.’

– Theodore Eisenberg, Cornell University, US

2012 400 pp Hardback 978 1 84720 803 3 £95.00 Elgaronline 978 1 78100 124 0New Horizons in Law and Economics series

Encyclopedia of law and Economics, Second EditionSeries editor: Gerrit De Geest, Washington University in St. Louis, US‘The Encyclopedia of Law and Economics endeavours to provide the kind of encylopedic coverage – comprehensive and sophisticated but lucid, international without being esoteric, uniform without being monochrome, collective but individual – that the field of law and economics requires. It will help to make the field accessible to outsiders and to promote mutual intelligibility among insiders. It provides a meeting place for and an overview of scholarship, and will thus help to unify and advance the field. It is a milestone in an advancing field.’

– From the foreword to the first edition by Richard A. Posner




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Handbook on NEW PB Contemporary Austrian EconomicsEdited by Peter J. Boettke, George Mason University, USThis Handbook looks through the lens of the latest generation of scholars at the main propositions believed by so-called ‘Austrians’. Each contributing author addresses key tenets of the school of thought, and outlines its ongoing contribution to economics and to the social sciences.

Contributors: S.A. Beaulier, P.J. Boettke, C.J. Coyne, A.J. Evans, P.T. Leeson, S.C. Miller, B. Powell, F. Sautet, V.H. Storr, E.P. Stringham, J.R. Subrick


Research Handbook on NEW PB Public Choice and Public LawEdited by Daniel A. farber and Anne Joseph o’Connell, University of California, Berkeley, US‘This volume offers valuable insights into theories of public choice and their application to public law. . . one of the benefits that the Handbook offers environmental lawyers is the opportunity to engage in an interdisciplinary scholarly exchange: to challenge and confirm claims about environmental law and environmental regulatory processes as set out in public choice theory.’

– Sanja Bogojević, Climate Law

Contributors: D. Carpenter, S. Croley, D.A. Farber, E. Garrett, J.E. Gersen, T. Ginsburg, R.M. Hills, Jr, S. Issacharoff, T. Jacobi, J. Mashaw, L. Miller, A.J. O’Connell, B.D. Richman, J. Rossi, C.H. Schroeder, M.L. Stearns, M.C. Stephenson, J.B. Wiener

2010 512 pp Hardback 978 1 84720 674 9 £150.00 2012 Paperback 978 1 84980 131 7 £40.00 Elgaronline 978 1 84980 489 9Research Handbooks in Law and Economics seriesElGAr orIGInAl rEfErEnCE • full contents – www.e-elgar.com

Handbook on the NEW PB Economics of CrimeEdited by Bruce L. Benson, Florida State University and Paul R. Zimmerman, United States Federal Trade Commission, USWhile few economists analyzed criminal behaviour and the criminal justice process before Gary Becker’s seminal 1968 paper, an enormous body of economic research on crime has since been produced. This insightful and comprehensive Handbook reviews and extends much of this important resulting research.

Contributors: B.L. Benson, P.R. Blackley, E.A. Blackstone, N.A. Curott, I. Ehrlich, S. Hakim, P. Heaton, E. Helland, K. Ihlanfeldt, T. Joyce, J. Klick, A.K. Lynch, G.P. Manish, T.B. Marvell, T. Mayock, F.S. McChesney, J. McCrary, C.E. Moody, D.B. Mustard, M. Nair, B. Powell, E.M. Shepard, E.P. Stringham, A. Tabarrok, H. Tauchen, D.M. Walker, P.R. Zimmerman


The Elgar Companion to NEW Public Choice, Second EditionEdited by Michael Reksulak, Georgia Southern University, Laura Razzolini, Virginia Commonwealth University and William F. Shughart II, Utah State University, US‘This is a comprehensive set of essays on myriad facets of public choice by many of the leading contributors in the field. The coverage is excellent and the essays are terrific. I highly recommend this book for researchers and students.’

– Todd Sandler, University of Texas at Dallas, US

Contributors include: D. Arce, H.G. Brennan, U. Cantner, R. Congleton, C.J. Coyne, N.V. Crain, W.M. Crain, R.B. Ekelund, J.S. Ferris, R.K. Fleck, A. Glazer, A. Hamlin, F.A. Hanssen, A. Hillman, L.W. Kenny, M.S. Kimenyi, M. Makris, J.G. Matsusaka, F.S. McChesney, R.R. McGregor, D.C. Mueller, M. Munger, F. Padovano, A. Razo, L. Razzolini, M. Reksulak, C. Rowley, P. Rubin, W.F. Shughart II, R. Sobel, T. Stratmann, R.D. Tollison, R. Vaubel, M. Wohlgemuth

nov 2012 c 648 pp Hardback 978 1 84980 285 7 c £165.00 Elgaronline 978 1 84980 603 9ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Deficits, Debt, and DemocracyWrestling with Tragedy on the Fiscal CommonsRichard E. Wagner, George Mason University, USThis timely book reveals that the budget deficits and accumulating debts that plague modern democracies reflect a clash between two rationalities of governance: one of private property and one of common property. The clashing of these rationalities at various places in society creates forms of societal tectonics that play out through budgeting. The book demonstrates that while this clash is an inherent feature of democratic political economy, it can nonetheless be limited through embracing once again a constitution of liberty.


Constitutional Economics NEW and Public InstitutionsEdited by Francisco Cabrillo, Consejo Económico y Social (Comunidad de Madrid) and Miguel A. Puchades-navarro, University of Valencia, SpainThis extensive book covers a wide range of topics within the public choice and constitutional political economy tradition, providing a comprehensive overview of current work across the field. Case studies underpin theory with empirical evidence, and topics discussed include: foundations of constitutional economics, constitutional political economy, political competition and voting, public choice and public policy, and extensions to public choice theory.

Feb 2013 c 304 pp Hardback 978 1 78100 396 1 c £75.00 Elgaronline 978 1 78100 397 8New Thinking in Political Economy series

Adaptation, Complexity and Growth NEW

The Rediscovery of Classical EconomicsDavid Simpson, formerly of the University of Strathclyde, UKA characteristic feature of market economies is incessant change prompted by human action. Such change necessitates adaptation by individuals and businesses through trial and error, and from these mutual adjustments at the micro level there emerge persistent patterns of activity at the aggregate level. These patterns include a set of prices, the business cycle and sustained increases in average output per head. This book demonstrates that equilibrium economics is unable to offer an adequate explanation of such phenomena. The author skilfully argues that a market economy can be better understood as an evolving human complex system, a view which represents a continuation of the classical tradition in economic thought.



AUSTRIAN ECONOMICS & PUBLIC CHOICE CATALOGUEEmail: [email protected]


ALSO OF INTEREST

Tax Evasion and the Shadow EconomyEdited by Michael Pickhardt and Aloys Prinz See page 20




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Towards a Cultural NEW Political EconomyTaking the Cultural Turn in Economicsngai-ling Sum and Bob Jessop, Lancaster University, UK Some economists began to take a cultural turn in the 1980s and 1990s and the discursive and symbolic nature of all economic activities is now acknowledged in several disciplines. Economic sociologists have long been interested in the embedding of economic activities in wider social relations and institutions. This book offers a critique of both trends. It argues for a distinctive ‘cultural political economy’ that combines critical semiotic analysis and a rigorous critique of political economy that draws on institutional and evolutionary insights from heterodox economics. It then applies this new approach to issues such as economic and political imaginaries, differential accumulation, institutional and spatio-temporal fixes, knowledge-based economies and intellectual property, competitiveness as a material force and a knowledge brand, corporate social responsibility, crisis imaginaries and the rise of the BRIC economies.


Capitalism and Democracy NEW

A Fragile AllianceTheo C.M.J. van de Klundert, Tilburg University, The Netherlands‘This book is a very coherent and up-to-date work. It presents a clear and sophisticated view on the role of economic institutions and aspects of political economy in the process of modern economic growth. The author demonstrates significant originality in combining insights from different sub-fields to successfully understand economic growth and the distribution of income in the economy. It will be a rich source of ideas for anyone interested in how the modern world, and various countries and regions in particular, attained high levels of economic welfare.’

– Sjak Smulders, Tilburg University, The Netherlands

June 2013 c 208 pp Hardback 978 1 78195 615 1 c £65.00

Crisis, Innovation and Sustainable DevelopmentThe Ecological OpportunityEdited by Blandine Laperche, ULCO/Clersé CNRS University Lille Nord de France and Wesford Business School, nadine levratto, University Paris Ouest Nanterre La Défense and Euromed Management and Dimitri Uzunidis, ULCO/Clersé CNRS University Lille Nord de France and Wesford Business School, France‘Crisis, Innovation and Sustainable Development is a fascinating exploration at the frontiers of economics and ecology. It combines topical surveys of current work with deep reflection on the repressed role of nature in the history of economics. A work of great range and value, especially for all concerned with the strategy of economic policy going forward.’

– James K. Galbraith, The University of Texas at Austin, US

2012 352 pp Hardback 978 0 85793 701 8 £90.00 Elgaronline 978 0 85793 702 5Science, Innovation, Technology and Entrepreneurship series

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Economic Development as a Learning ProcessVariation Across Sectoral SystemsEdited by Franco Malerba, Bocconi University, Italy and richard r. nelson, Columbia University, USUntil recently, economists studying economic development have tended to consider it a universal process, or focussed their attention on common aspects. This book originates from the growing recognition of significant sectoral differences in economic development and examines the catching-up process in five different economic sectors: pharmaceuticals, telecommunications equipment, semiconductors, software, and agro-food industries. Each of these sector studies explore the learning and catch-up processes in various developing countries, in order to identify both the common features, and those which differ significantly across sectors and nations. The authors pay particular attention to China, India, Brazil, Korea and Taiwan.


Institutional Economics NEW

Property, Competition, Policies, Second EditionWolfgang Kasper, University of New South Wales, Canberra, Australia, Manfred E. Streit, Max-Planck-Institute of Economics, Jena, Germany and Peter J. Boettke, George Mason University, USThis thoroughly revised, extended and updated edition of a critically acclaimed textbook provides an accessible and cohesive introduction to the burgeoning discipline of institutional economics. Requiring only a basic understanding of economics, this lucid and well-written text will be essential reading for undergraduate and postgraduate students wanting to understand the problems of the real world – such as entrepreneurship, innovation, the cost of the welfare state, international financial crises, and economic development. As institutional economics is now revolutionising policy making, the book can also serve as a guide to the pressing problems facing policy makers in mature and emergent countries alike.

Key features include:

• A short ‘Primer’ at the beginning of each chapter to highlight the main issues and their relevance.

• Key Concepts such as ‘institutions’, ‘economic order’, ‘coordination costs’, ‘competition’ and ‘public policy’ are highlighted and clearly defined.

• International coverage is ensured as the three authors, experienced academic teachers, work in the US, Europe and the Asia Pacific.


ALSO OF INTEREST

Handbook on the Economics and Theory of the firmEdited by Michael Dietrich and Jackie KrafftSee page 10

The Transaction Cost Economics ProjectBy Oliver E. Williamson See page 10

Handbook of Economic OrganizationEdited by Anna Grandori See page 10

Economic organization, Industrial Dynamics and DevelopmentBy Giovanni Dosi See page 11

Exchange and DevelopmentBy Peter A. Cornelisse and Erik Thorbecke See page 27

The Handbook of Evolutionary Economic GeographyEdited by Ron Boschma and Ron MartinSee page 29

law, Economics and Evolutionary TheoryEdited by Peer Zumbansen and Gralf-Peter CalliessSee page 40




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The Power of Evolutionary NEW Thinking in EconomicsEssays on Economic Change and its TheoryUlrich Witt, Max Plank Institute of Economics and Friedrich-Schiller University, Jena, GermanyModern economies are constantly evolving. How is this transformation process caused? What are its characteristics? Where will it lead us? Ulrich Witt outlines an evolutionary way of thinking about these questions. He points out that while evolution in nature is adaptation to changing environmental constraints, economic evolution means overcoming environmental constraints. It means adaption to, and modification of, man-made, social constraints. The Power of Evolutionary Thinking in Economics outlines the problems of the evolutionary approach and casts new light on consumption, production, institutions, macroeconomic dynamics, and economic policy making.

June 2013 c 256 pp Hardback 978 1 84844 304 4 c £65.00

Creative Industries NEW PB and Economic EvolutionJason Potts, RMIT University in Melbourne, AustraliaThis insightful book offers a new way of looking at the arts, culture and the creative industries from the perspective of evolutionary economics.

The creative industries are key drivers of modern economies. While economic analysis has traditionally advanced a market-failure model of arts and culture, this book argues for an evolutionary market dynamics or innovation-based approach. Jason Potts explores theoretical and conceptual aspects of an evolutionary economic approach to the study of the creative economy. Topics include creative businesses and labour markets, social networks, innovation processes and systems, institutions, and the role of creative industries in market dynamics and economic growth.

2011 240 pp Hardback 978 1 84720 662 6 £65.00 2012 Paperback 978 0 85793 192 4 £25.00 Elgaronline 978 0 85793 070 5New Horizons in Institutional and Evolutionary Economics series

Institutional EntrepreneurshipEdited by Magnus Henrekson, Research Institute of Industrial Economics, Sweden and Tino Sanandaji, University of Chicago, US and Research Institute of Industrial Economics, SwedenThe growing recognition of the extent to which institutions determine economic outcomes has been one of the key developments in economic research and policy analysis in the last two decades. At the same time, the entrepreneur has made a comeback, resurrected as one of the prime value creators in society. This comprehensive volume builds on Baumol’s 1990 framework to categorize and classify the growing research field that explores the interplay between institutions and entrepreneurship. It also contains the unique feature of examining the ways in which entrepreneurs themselves shape institutions.

25 articles, dating from 1991 to 2010 Contributors include: Z. Acs, O. Bandiera, W. Baumol, P. Boettke, E. Glaeser, P. Leeson, J. Lerner, D. Rodrik, A. Shleifer, L. Zingales

Series no. 24 2012 552 pp Hardback 978 1 84844 028 9 £175.00The International Library of Entrepreneurship seriesFull contents – www.e-elgar.com

The Elgar Companion to Transaction Cost EconomicsEdited by Peter G. Klein and Michael E. Sykuta

2010 328 pp Hardback 978 1 84542 766 5 £120.00 Elgaronline 978 1 84980 690 9ElGAr orIGInAl rEfErEnCE Full contents – www.e-elgar.com

The new Evolutionary Economics NEW

Edited by Jason Potts, RMIT University in Melbourne, Australia and Kurt Dopfer, University of St Gallen, Switzerland

Jan 2013 c 1,650 pp Hardback 978 1 84376 726 8 c £530.00The International Library of Critical Writings in Economics seriesFull contents – www.e-elgar.com

Handbook of Knowledge and EconomicsEdited by richard Arena, University of Nice-Sophia Antipolis and GREDEG – UMR 7321, Agnès festré, University of Picardie Jules Verne/CRIISEA, University of Nice-Sophia Antipolis and GREDEG – UMR 7321 and nathalie lazaric, CNRS, University of Nice-Sophia Antipolis and GREDEG – UMR 7321, France‘While there is growing recognition that understanding knowledge is at the very heart of economics, little work has thus far been forthcoming representing in a comprehensive and coherent way its fundamental nature and wide-ranging consequences for economic analysis. The editors are to be commended for having filled this critical gap by providing a well-organized collection of outstanding contributions. This rich and greatly needed Handbook is comprised of contributions about the role knowledge plays in the history of the discipline as well as the most significant current developments as we witness them, particularly in the branches of evolutionary, institutional and complexity economics.’

– Kurt Dopfer, University of St Gallen, Switzerland

Contributors: A. Amin, R. Arena, M. Augier, M.C. Becker, T. Brenner, T. Broekel, P. Cohendet, G. Dosi, J. Durieu, V. Dutraive, M. Egidi, A. Festré, D. Foray, T. Knudsen, N. Lazaric, B.J. Loasby, B.-Å. Lundvall, P. Nightingale, B. Nooteboom, A. Orléan, R. Patalano, L. Ragni, S. Rizzello, P.P. Saviotti, P. Solal, A. Spada, U. Witt


Institutions, Economic Performance and the Visible HandTheory and EvidenceAshok Chakravarti, University of Zimbabwe, Africa‘Institutions, Economic Performance and the Visible Hand is a wide ranging, well-written, and provocative contribution to the study of political and economic organization. Ashok Chakravarti advances arguments and interpretations that are both interesting and, often, controversial. Although I find myself “arguing” with many of them, this is one of the many virtues of the book. I recommend the book to others who have an interest in institutional economics – why it is important, where it has been, and where it is going.’

– Oliver E. Williamson, Nobel Laureate in Economics and University of California, Berkeley, US





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Managing Transaction Costs NEW in the Era of Globalizationfrank A.G. den Butter, VU University Amsterdam, The NetherlandsThis book explains the importance and means of keeping transaction costs as low as possible. This skill is labelled as transaction management. The book offers practical applications of modern economic theories on trade, transaction costs and institutions for business and government. It shows how transaction management can contribute to making firms and nations more competitive by exploiting gains from the division of labour and international fragmentation of production.

Sept 2012 c 296 pp Hardback 978 1 78100 130 1 £75.00 Elgaronline 978 1 78100 131 8Advances in New Institutional Analysis series

Building national NEW PB and Regional Innovation SystemsInstitutions for Economic DevelopmentJorge niosi, Université du Québec à Montreal, Canada‘The era of the Washington consensus, where the basic advice to developing countries was simply to let markets emerge and not to interfere with their operations, now is gone, at least for the present. The challenge now is to articulate a broad development strategy that really works. Over the last decade a group of economists has been putting together a body of knowledge and analysis oriented to helping poor countries build the economic, organizational, technological, and scientific capabilities that they need in order to develop. Jorge Niosi is an important member of that group. And this book provides an excellent discussion of the emerging perspective on development strategy.’

– Richard R. Nelson, Columbia University and Columbia Earth Institute, US


Evolution, organization and Economic BehaviorEdited by Guido Buenstorf, University of Kassel, Germany‘If there is anything that can invariably be experienced in modern economies, then it is their incessant innovative transformation. In this fine volume Buenstorf brings together a selection of cutting edge research papers which jointly give the reader a grasp of how these innovative changes come about. The volume highlights how evolutionary economics keeps track of the transformation processes at various levels. With its well chosen focus on behavioral studies, organizational learning and development, and industrial genealogy the volume covers the most dynamic topics in the field.’

– Ulrich Witt, Max Planck Institute of Economics, Germany


The Social Economics of Thorstein VeblenDavid Reisman, Nanyang Technological University, Singapore and University of Surrey, UK ‘Considering the inability of conventional economics to comprehend the socio-economic convulsions over the past few years in so many countries, it is surely time to try something else. David Reisman’s The Social Economics of Thorstein Veblen thus appears at a most opportune moment. This original analytical study is the best introduction into Veblen’s work that I know of, and will, I trust, encourage a renewal of interest in possibly the most unjustly neglected of economists. Reisman’s primary contention that there is – despite obstacles to comprehension created by Veblen’s personal idiosyncrasies and unconventional literary style – a Veblen structure of thought, or general system, is fully confirmed by the evidence presented in his book. In this demonstration lies its great merit.’

– Samuel Hollander, Ben-Gurion University of the Negev, Israel


New journal to be launched October 2012!

The Review of Keynesian Economics (ROKE) is dedicated to the promotion of research in Keynesian economics. Not only does that include Keynesian ideas about macroeconomic theory and policy, it also extends to microeconomic and meso-economic analysis and relevant empirical and historical research. The journal aims to provide a forum for developing and disseminating Keynesian ideas, and it also intends to encourage critical exchange with other macroeconomic paradigms.

THE EDITORIAL BOARD:Martin AbelesRobert BleckerHassan BougrineAlcino Ferreira Camara NetoEugenia CorreaRobert DimandPeter DochertySebastian Dullien

Gary DymskiSteve FazzariScott FullwilerClaude GnosEckhard HeinMarc LavoieWesley Marshall

Man-seop ParkEsteban Pérez CaldenteyIgnacio Perrotini HernándezPascal PetitRobert PollinJean-Francois PonsotJaime RosSergio Rossi

Malcolm SawyerStephanie SeguinoFranklin SerranoMark SettereldJohn SmithinTakashi YagiNobuharu Yokokawa

SUBSCRIPTIONS:Four issues a year - Inaugural issue - Autumn 2012 ISSN Print ISSN 2049-5323 Online ISSN 2049-5331For Institutions £280.00 for print and electronic and £245.00 electronic onlyFor individuals £99.00 for print and electronic and £65.00 electronic onlyFor students £50.00 electronic only

For more information, please email: [email protected]

www.e-elgar.com/roke

Review of Keynesian Economics

Co Editors: Thomas Palley, Louis-Philippe Rochon and Matias Vernengo




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The Elgar Companion to Post Keynesian Economics, Second EditionEdited by J.E. King, La Trobe University, Australia‘The Elgar Companion to Post Keynesian Economics is a comprehensive guide to economic analyses in the tradition of Keynes and the so-called Cambridge (UK) school of economics. The coverage of themes and different theoretical orientations within Post Keynesianism is remarkable and the quality of the various entries is impressive. John King’s invisible hand is responsible for a minimum of overlaps and an optimum in quality and comprehensibility. This book has already proved to be of interest to a wide range of economists and can be expected to continue to do so for a long time to come.’

– Heinz D. Kurz, University of Graz, Austria

The Companion reflects the challenges posed by the global financial crisis that began in 2008 and by the consolidation of the New Neoclassical Synthesis in macroeconomic theory. There are 41 entirely new entries, marking the emergence of a new generation of Post Keynesian scholars. The central issues that were dealt with in the first edition remain at the core of the book, but much more attention is paid in this second edition to financial markets, to Post Keynesian economics outside its traditional Anglo-American heartland and to gender issues and environmental policy.


Keynes’s General Theory NEW for TodayContemporary PerspectivesEdited by Jesper Jespersen, Roskilde University and Mogens Ove Madsen, Aalborg University, Denmark‘At a time of renewed interest in Keynes, this volume provides an illuminating and forward-looking collection of papers. They explain the meaning of Keynes’s great contribution and also show how that contribution can be developed further for application to modern economic policy issues. Most important, the papers explain the ways in which Keynes’s methodological approach is so different from that which continues to dominate mainstream economics and how productive it would be if that approach were applied to our modern experience.’

– Sheila Dow, University of Stirling, UK

Dec 2012 c 240 pp Hardback 978 1 78100 951 2 c £75.00 Elgaronline 978 1 78100 952 9

The Elgar Companion to Marxist EconomicsEdited by Ben Fine and Alfredo Saad-filho with Marco Boffo, University of London, UKThis Companion takes stock of the trajectory, achievements, shortcomings and prospects of Marxist political economy. It reflects the contributors’ shared commitment to bringing the methods, theories and concepts of Marx himself to bear across a wide range of topics and perspectives, and it provides a testimony to the continuing purpose and vitality of Marxist political economy.

Contributors: G. Albo, R. Albritton, D. Ankarloo, S. Ashman, A.J. Ayers, R. Balakrishnan, J. Banaji, S. Bisnath, M. Boffo, T.J. Byres, A. Campbell, P. Cerni, P. Chattopadhyay, S. Clarke, A. Colás, G.C. Comninel, M. Di Meglio, P.L. dos Santos, G. Duménil, B. Fine, J. Ghosh, G.H. Gimm, H. Goodacre, B. Gruffydd Jones, B. Harriss-White, K. Hart, M. Itoh, H. Jeon, B. Jessop, D. Johnston, R. Kiely, S. Knafo, D. Laibman, D. Lévy, D. Lo, T. Marois, P. Masina, S.D. Mavroudeas, D. Milonakis, S. Mohun, S. Newman, P. Patnaik, U. Patnaik, L. Pradella, H. Radice, A. Saad-Filho, S. Savran, G. Slater, T. Smith, E. Swyngedouw, B. Tinel, A. Toscano, J. Weeks, E.M. Wood, A. Zack-Williams, P. Zarembka, Y. Zhang


The Microfoundations Delusion NEW

Metaphor and Dogma in the History of MacroeconomicsJ.E. King, La Trobe University, Australia‘This excellent book documents the creation of what has become the first commandment of orthodox macroeconomics: that microeconomic theory provides its foundation because this is the most secure form of economic knowledge. By contrast, John King shows conclusively that microeconomics cannot play such a role when assessed by the criteria of logic, or of science, or of economics itself. Indeed, he goes further and demonstrates that the microfoundations dogma detracts from knowledge about how economies actually operate, and instead generates patently false conclusions. Moreover, the dogma is shown to have blinded orthodox economists from even seeing the possibility of typical macroeconomic crises, and has disarmed them in formulating policies that would eliminate actual crises. The book therefore deals with a topic at the very heart of the present debacle in the world economy.’

– Michael Howard, University of Waterloo, Canada

In this challenging book, John King makes a sustained and comprehensive attack on the dogma that macroeconomic theory must have ‘rigorous microfoundations’.


An Encyclopedia of Keynesian NEW Economics, Second EditionEdited by Thomas Cate, Northern Kentucky University, USAcclaim for the first edition:

‘It is the best single reference source on Keynesian economics and will be welcomed by students and teachers in economics as well as scholars in related social sciences and government policy makers.’

– Educational Book Review

‘This book provides an excellent summary of the many strands of ‘Keynesian’- style thought both before and after 1936. Its well-considered entries take care to make explicit the assumptions and fundamental points of difference between theories too often concealed by the parents and advocates of specific theories in their zeal to promote the universality of the ideas. There is scarcely an entry that suffers from wordiness and repetition; the reader’s scarce time is not abused.’

– Elizabeth Webster, Economic Record

June 2013 c 600 pp Hardback 978 1 84980 172 0 c £140.00ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com




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Post-Keynesian NEW Monetary Theory and PolicyHorizontalism and Structuralism Revisited – Reflections and DevelopmentEdited by Louis-Philippe Rochon, Laurentian University, Canada and Basil Moore, Stellenbosch University, South AfricaThe endogenous nature of money is a fact that has been recognized rather late in monetary economics. Today, it is explained most comprehensively by the theory of money in post-Keynesian monetary theory. The expert contributors to this enlightening book revisit long-standing debates on the endogeneity of money from the position of both horizontalists and structuralists, and prescribe new areas of research and debate for Post-Keynesian scholars to explore.

Contributors include: A. Cottrel, P. Dalziel, P. Docherty, G. Fontana, S.T. Fullwiler, E. Hein, P. Howells, J.E. King, J. Knodell, M. Lavoie, N. Levy-Orlik, G. Mántey, B. Moore, C.J. Niggle, T.I. Palley, Y. Panagopoulos, R. Pollin, C. Rogers, L.-P. Rochon, S. Rossi, M. Sawyer, M. Setterfield, J. Smithin, A. Spiliotis, L.R. Wray

May 2013 c 470 pp Hardback 978 1 84542 943 0 c £75.00

Cycles, Crises and InnovationPath to Sustainable Development – a Kaleckian-Schumpeterian SynthesisJerry Courvisanos, University of Ballarat, Victoria, AustraliaCycles, crises and innovation are the major economic forces that shape capitalist economies. Central to this book is a critical realist political economy approach based on the works of Joseph Schumpeter and Michał Kalecki who identified cycles, crises and innovation as the three dynamic forces plotting the path of economic development. The book examines how the rise of capital, through investment, enshrines innovation in profit and power which determines the course of cycles and crises. Based on this analysis, strategic intervention by transformative eco-innovation is proposed as a public policy path to ecologically sustainable development.


The Limits of RegulationA Critical Analysis of Capitalist DevelopmentStavros Mavroudeas, University of Macedonia, Greece‘Whilst the regulation approach has gone beyond its peak of influence and has been diluted of much of its radical content, this outstanding critical appreciation of its strengths and weaknesses will prove an invaluable point of reference for all those engaged in the political economy of the national within the global economy.’

– Ben Fine, University of London, UK


Employment, Growth and DevelopmentA Post-Keynesian ApproachEdited by Claude Gnos, Université de Bourgogne, Dijon, France, Louis-Philippe Rochon, Laurentian University, Sudbury, Canada and Domenica Tropeano, University of Macerata, Italy‘The editors of this volume have brought together an invaluable set of essays on each of these issues. The overall post-Keynesian message, of course – one that comes through very clearly – is that employment, growth and development are not at all separate topics, but each depend on the appropriate choice of macroeconomic policies for a monetary production economy.’

– John Smithin, York University, Canada

2012 320 pp Hardback 978 1 84844 068 5 £85.00 Elgaronline 978 0 85793 072 9New Directions in Modern Economics series

Economic Growth in an NEW open Developing EconomyThe Role of Structure and DemandA.P. Thirlwall, University of Kent, Canterbury, UKOrthodox growth theory continues to work with ‘one-good’ models and to treat factor supplies as exogenously given, independent of demand. Orthodox trade theory still ignores the balance of payments consequences of different patterns of trade specialisation when assessing the welfare effects of trade. This concise yet insightful sequel to the highly acclaimed The Nature of Economic Growth, presents theory and up-to-date empirical evidence that factors of production and productivity growth are endogenous to demand, and that the structure of production and trade matter for the long-run growth performance of countries.


Handbook of Research on NEW Gender and Economic LifeEdited by Deborah M. Figart, The Richard Stockton College of New Jersey and Tonia L. Warnecke, Rollins College, USIn the aftermath of global economic downturn, it has never been more important to understand how gender relates to economic life and well-being. This interdisciplinary Handbook details key areas of intersection, giving an overview of the current state of research and proposing avenues for further investigation. Contributors discuss methodological approaches and analytical tools for conducting research on the gender dimension of economic life, along with analyses of major issues facing developed and developing countries. Topics include civil society, discrimination, informal work, working time, central bank policy, health, education, food security, poverty, migration, environmental activism, the financial crisis, and others.

May 2013 c 528 pp Hardback 978 0 85793 094 1 c £145.00 Elgaronline 978 0 85793 095 8ElGAr orIGInAl rEfErEnCE • Full contents – www.e-elgar.com

Roads to Social CapitalismTheory, Evidence, and PolicyPeter Flaschel, Bielefeld University and Sigrid Luchtenberg, Duisburg-Essen University, Germany The current crises in the financialization of capitalism, and their repercussions on the financial viability of entire countries, severely question the achievements of mainstream economics and its disregard of Keynes’s theory of effective demand and finance. In view of this, Peter Flaschel and Sigrid Luchtenberg consider roads to a type of capitalism that could eventually be considered as ‘social’ in nature.


A Handbook of Economic Anthropology, Second EditionEdited by James G. Carrier, Oxford Brookes University, UK and Indiana University, Bloomington, US Acclaim for the first edition:

‘This excellent overview would serve as an excellent text for advanced undergraduate and graduate-level classroom use. . . Because of the clarity, conciseness, and accessibility of the writing, the chapters in this volume likely will be often cited and recommended to those who want the alternative and frequently culturally comparative perspective on economic topics that anthropology provides. Highly recommended. All academic levels/libraries.’

– K.F. Rambo, Choice

Contributors: C. Alexander, K. Applbaum, M. Blim, M. Busse, J.G. Carrier, M.A. Chen, S. Coleman, R. Colloredo-Mansfeld, E.P. Durrenberger, J.S. Eades, T.H. Eriksen, S. Gudeman, J.I. Guyer, M. Harris, J. Harriss, K. Hart, E. Hirsch, R.C. Hunt, B.L. Isaac, D. Kalb, D. Lewis, P. Luetchford, B. Maurer, E. Mayer, S. Narotzky, H. Ortiz, S. Ortiz, J. Parry, T.C. Patterson, D. Robotham, T. Roopnaraine, M. Şaul, V. Siniscalchi, P.J. Stewart, M. Stivens, A. Strathern, O. Visser, Y. Yan





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SThe Economics of Edwin ChadwickIncentives MatterRobert B. Ekelund Jr., Auburn University and Edward O. Price III, Oklahoma State University, US‘Economists owe a great debt to Ekelund and Price for making us aware of Edwin Chadwick’s seminal contributions. Chadwick lived in the middle of the 19th century, but he anticipated many of the theoretical and practical advances that culminated in the law and economics revolution of the late 20th century. These include Coase’s analysis of social cost and Demsetz’s proposal for franchise bidding in natural monopolies. Read the summary of Chadwick’s ideas about railroads and consider that Britain adopted many of them but only more than a century later (while the US continues to wallow in ignorance). The book is full of similar examples where Chadwick’s prescience is extraordinary. Economists, legal scholars and practitioners, especially those working at the intersection of law and economics, will want to read this book.’

– Sam Peltzman, University of Chicago, US


Capitalism on Trial NEW

Explorations in the Tradition of Thomas WeisskopfEdited by Jeannette Wicks-Lim and Robert Pollin, University of Massachusetts, Amherst, US This volume presents a collection of papers honoring Professor Thomas E. Weisskopf, one of the most prominent contributors to the field of radical economics. Beginning his academic career at Harvard before moving to the University of Michigan at Ann Arbor, Professor Weisskopf has spent the past forty years exploring through highly innovative and rigorous research the questions of economic equality, social justice and environmental responsibility. The essays in this book reflect the main subjects of Professor Weisskopf’s work and seek to foster continued innovation in these research areas.


ALSO OF INTEREST

Microeconomics of Interactive EconomiesEdited by Wolfram Elsner See page 1

Free Market EconomicsBy Steven Kates See page 1

A Modern Guide to Keynesian Macroeconomics and Economic PoliciesEdited by Eckhard Hein and Engelbert StockhammerSee page 1

Post Keynesian Macroeconomics Theory, Second EditionBy Paul Davidson See page 1

The Macroeconomics of Finance-Dominated Capitalism – and its CrisesBy Eckhard Hein See page 3

Modern Monetary MacroeconomicsEdited by Claude Gnos and Sergio Rossi See page 3

Macroeconomic Theory and its failingsEdited by Steven Kates See page 4

Handbook of Critical Issues in FinanceEdited by Jan Toporowski and Jo Michell See page 5

Monetary Policy and Central BankingEdited by Louis-Philippe Rochon and Selewa ‘Yinka olawoye’ See page 6

Theories of Money and BankingEdited by l. randall Wray See page 6

The new Global Political EconomyBy Ricardo Fiorentini and Guido Montani See page 24

The Concept of Equilibrium in Different Economic TraditionsBy Bert Tieben See page 49

Keynes’s General TheoryEdited by Thomas Cate See page 48

47

Series editor: Mark Casson, University of Reading, UK

The objective of this series is to provide definitive over-views of research methods in important fields of social science, including economics, business, finance and policy studies. The aim is to produce prestigious high quality works of lasting significance. Each Handbook consists of original contributions by leading authorities, selected by an editor who is recognised leader in the field. The emphasis is on the practical application of research methods to both quantitative and qualitative evidence. The Handbooks will assist practising researchers in generating robust research findings that policy-makers can use with confidence.

While the Handbooks will engage with general issues of research methodology, their primary focus will be on the practical issues concerned with identifying and using suitable sources of data or evidence, and interpreting source material using best-practice techniques. They will review the main theories that have been used in applied research, or could be used for such research. While reference may be made to conceptual issues and to abstract theories in the course of such reviews, the emphasis will be firmly on real-world applications.

Major New Reference SeriesHandbooks of research Methods and Applications

Handbook of Research Methods and Applications in Empirical MacroeconomicsEdited by nigar Hashimzade and Michael ThorntonSee Page 3

Handbook of Research Methods and Applications in Empirical FinanceEdited by Adrian r. Bell, Chris Brooks and Marcel ProkopczukSee Page 6

Handbook of Research Methods and Applications in Urban EconomiesEdited by Peter Karl Kresl and Jaime SobrinoSee Page 31

Forthcoming:

Handbook of Research Methods and Applications in Economic GeographyEdited by Charlie Karlsson and Martin Andersson

Handbook of Research Methods and Applications in Spatial Social ScienceEdited by Robert Stimson

Handbook of Research Methods and Applications in Small Business and EntrepreneurshipEdited by Alan Carsrud and Malin Brännback

Handbook of Research Methods and Applications in Social CapitalEdited by Yaojun li

Handbook of Research Methods and Applications in Industrial Dynamics and Evolutionary EconomicsEdited by Uwe Cantner and Marco Guerzoni

Handbook of Research Methods and Applications in Transport Economics and PolicyEdited by Chris nash and Jeremy Toner




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HISTORY OF ECONOMIC THOUGHT & METHODOLOGY CATALOGUEEmail: [email protected]


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to the Chicago School of Economics Edited by Ross B. Emmett, James Madison College, Michigan State University, US Many know the Chicago School of Economics and its association with Milton Friedman, George Stigler, Ronald Coase and Gary Becker. But few know the School’s history and the full scope of its scholarship. In this Companion, leading scholars examine its history and key figures, as well as provide surveys of the School’s contributions to central aspects of economics, including: price theory, monetary theory, labor and economic history. The volume examines the School’s traditions of applied welfare theory and law and economics while providing a glimpse into emerging research on Chicago’s role in the development of neoliberalism.

Contributors: O. Ashenfelter, H.S. Banzhaf, W.J. Barber, D.K. Benjamin, J.E. Biddle, G.L. Brady, G.G. Cain, R.B. Emmett, E. Forget, M. Gunderson, J.D. Hammond, D.W. Hands, S.D. Kasper, B.E. Kaufman, D. Laidler, H. Li, S.G. Medema, P. Mirowski, D. Mitch, E. Nik-Khah, J. Pencavel, H. Rockoff, M. Rutherford, E. Schliesser, P.N. Teixeira, R. Van Horn, S.T. Ziliak

2010 360 pp Hardback 978 1 84064 874 4 £125.00 2012 Paperback 978 1 84980 867 5 £35.00 Elgaronline 978 1 84980 666 4ElGAr orIGInAl rEfErEnCE • full contents – www.e-elgar.com

A Short History of Ethics and EconomicsThe GreeksJames E. Alvey, Massey University, New Zealand and International Christian University, Japan‘This is an important and timely work that addresses the moral crisis of contemporary economics. Alvey not only provides an excellent narrative of classical Greek economics, but his arguments are aimed at restoring the central role that ethics played in the long tradition of economic thought. This is an invaluable scholarly resource for academics and students of political economy as well as the history of political thought.’

– Benjamin Wong, Nanyang Technological University, Singapore


The Elgar Companion to Hyman MinskyEdited by Dimitri B. Papadimitriou, Bard College and l. randall Wray, University of Missouri-Kansas City, Levy Economics Institute and Centre for Full Employment and Price Stability, USThis Companion provides a timely and engaging treatment of Hyman Minsky’s approach to economics, which is enjoying a renewed appreciation because of its prescient analysis of the slow but sure transformation of the capitalist economy in the post-war period. Many have called the global financial crisis that began in the United States in 2007 a ‘Minsky crisis’, and these original contributions demonstrate precisely why both academic economists as well as policymakers have turned to Minsky for guidance.

Contributors: T. Assenza, M. Auerback, R.J. Barbera, R. Bellofiore, D. Delli Gatti, S. Dow, G.A. Dymski, P. Ferri, D.K. Foley, J.K. Galbraith, M. Gallegati, J. Halevi, J. Kregel, P. McCulley, E. Nasica, D.B. Papadimitriou, R.W. Parenteau, M. Passarella, D.M. Sastre, M. Shubik, E. Tymoigne, C.L. Weise, L.R. Wray


Keynes’s General TheorySeventy-Five Years LaterEdited by Thomas Cate, Northern Kentucky University, US This volume, a collection of essays by internationally known experts in the area of the history of economic thought and of the economics of Keynes and macroeconomics in particular, is designed to celebrate the 75th anniversary of the publication of The General Theory.


Defending the History NEW of Economic ThoughtSteven Kates, RMIT University, AustraliaIt is a serious problem for economists that the history of economics has all but disappeared. Almost no economist educated today has detailed knowledge of the people who built the ideas found in their texts nor do they know how those ideas evolved. Worse yet, they know little of the ideas that had once been central but have since been discarded. This book explains why anyone who wishes to understand how economies work must also understand the history of economics.


The Elgar Companion to Recent Economic MethodologyEdited by John B. Davis, University of Amsterdam, The Netherlands and Marquette University and D. Wade Hands, University of Puget Sound, US Bringing together a collection of leading contributors to this new methodological thinking, the authors explain how it differs from the past and point towards further concerns and future issues. The recent research programs explored include behavioral and experimental economics, neuroeconomics, new welfare theory, happiness and subjective well-being research, geographical economics, complexity and computational economics, agent-based modeling, evolutionary thinking, macroeconomics and Keynesianism after the crisis, and new thinking about the status of the economics profession and the role of the media in economics.

Contributors: A. Alexandrova, E. Angner, R.E. Backhouse, B.W. Bateman, P.L. Borrill, L. Bruni, D. Colander, J.B. Davis, K. Dopfer, P. Garcia Duarte, D.W. Hands, D.M. Haybron, F. Heukelom, G.M. Hodgson, K. Juselius, U. Mäki, C. Marchionni, T. Mata, P. Mirowski, P.L. Porta, D. Ross, A.C. Santos, L. Tesfatsion, P. Tubaro, K. Vela Velupillai, J. Vromen, L.R. Wray, S. Zambelli


Markets, Planning NEW and the Moral EconomyBusiness Cycles in the Progressive Era and New DealDonald R. Stabile and Andrew f. Kozak, St Mary’s College, Maryland, USMarkets, Planning and the Moral Economy examines the rise of the Progressive movement in the United States during the early decades of the 20th century, particularly the trend toward increased government intervention in the market system that culminated in the establishment of President Roosevelt’s New Deal programs. The authors consult writings from politicians, business leaders, and economists of the time, using a variety of historical perspectives to illuminate the conflicting viewpoints that arose as the country struggled to recover from the worst economic downturn in its history.


ALSO OF INTEREST

Microfoundations ReconsideredEdited by Pedro Garcia Duarte and Gilberto TadeuSee page 3

The Social Economics of Thorstein VeblemBy David Reisman See page 44

The Microfoundations DelusionBy J.E. King See page 45

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Famous Figures and NEW PB Diagrams in Economics Edited by the late Mark Blaug, formerly of the University of London and University of Buckingham, UK and Peter lloyd, University of Melbourne, Australia ‘A picture is said to be worth a thousand words. A picture can easily be worth two or three equations, and it is certainly more memorable. I can draw and use an Edgeworth box more quickly than I can write down its formulas. There is a vast amount of economics packed into the 58 diagrams and expert commentaries in this unique book. Take it with you to your favourite desert island. All you need is a sandy beach and a pointed stick.’

– Robert Solow, Massachusetts Institute of Technology, US


The Concept of Equilibrium in Different Economic TraditionsAn Historical InvestigationBert Tieben, SEO Economic Research, The Netherlands‘Bert Tieben is very well read in the history of economic thought and provides an overview of one of the basic concepts of economics that is unrivalled both in its scope and in its thoughtful and detailed discussion of the various currents and schools. It goes right to the heart of economic theory and asks some pertinent questions about the limits and the future of economic theorizing. That is, I think, what sets it apart from many other studies in the history of economic thought: it is history with an eye to the future, and it does all this without making any demands on the mathematical skills of the reader. This book should therefore appeal to everybody who is interested in the methodology of economics and in exploring the boundaries of economic analysis.’

– Hans Visser, VU University, Amsterdam, The Netherlands


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AAccessibility Analysis and Transport Planning .............. 33Adaptation, Complexity and Growth ............................. 41Advanced Macroeconomics ...........................................4Age of Austerity ..............................................................7Aging, Economic Growth, and Old-Age Security in Asia 36Art and Practice of Economics Research ..................... 22Asian Monetary Integration ...........................................35Asian Responses to the Global Financial Crisis ........... 36Asia-Pacific, Regionalism and the Global System ........ 37Asia Rising ....................................................................35Automotive Industry in an Era of Eco-Austerity ............ 33

BBefore and Beyond the Global Economic Crisis ........... 25Behavioural Macroeconomics ........................................4Building National and Regional Innovation Systems .... 44Building Prosperous Knowledge Cities ......................... 15

CCapitalism and Democracy ...........................................42Capitalism on Trial ........................................................47Cartels and Economic Collusion .....................................9Challenge of Financial Stability ......................................6Chicago Price Theory ................................................... 11China’s Economic Development ...................................36China’s Economic Miracle ............................................26China, the European Union and Global Governance ... 24Chinese Investment in the World Economy .................. 35Chinese Steel Industry’s Transformation ...................... 35Choice Modelling ..........................................................18Clusters and Economic Growth in Asia ........................ 30Coase Theorem ............................................................38College Cost Disease ...................................................21Combating Money Laundering and Terrorism Finance: Past and Current Challenges ......................................5Competing Through Innovation ....................................13Competition, Diversity and Economic Performance ..... 11Competition Policy and the Economic Approach ............ 9Concept of Equilibrium in Different Economic Traditions ...................................................................49Constitutional Economics and Public Institutions ......... 41Contingent Valuation ....................................................18Corporate Governance, Enforcement and Financial Development ...............................................................5Cost–Benefit Analysis and Distributional Preferences .. 18Costs of Economic Growth ...........................................25Creative Industries and Economic Evolution ................ 43Creative Knowledge Cities ...........................................31Crisis, Innovation and Sustainable Development ......... 42Cultural Commons ........................................................16Current Issues in Project Analysis for Development ..... 27Cycles, Crises and Innovation ......................................46

DDecentralization and Reform in Latin America ............. 20Defending the History of Economic Thought ................ 48Deficits, Debt, and Democracy .....................................41Design of Constitutions .................................................38Dictionary of Taxation, Second Edition ......................... 20Dictionary of Transport Analysis ...................................33Dynamics of Global Economic Governance ................. 20

EEarth Economics ..........................................................24Econometrics of Sport ..................................................17Economic Analyses of Social Networks ........................ 11Economic Analysis of Professional Sports ................... 16Economic Development as a Learning Process ........... 42Economic Development in China, India and East Asia 27Economic Geographies of Globalisation ........................ 1Economic Growth in an Open Developing Economy .... 46Economic Integration Across the Taiwan Strait ............ 37Economic Organization, Industrial Dynamics and Development ............................................................. 11Economics of Bankruptcy .............................................38Economics of Edwin Chadwick .....................................47Economics of Electricity Markets ..................................19Economics of European Integration, Second Edition ... 34Economics of Evaluation in Public Programs ............... 18Economics of Free Trade .............................................23Economics of Gambling and National Lotteries ............ 15Economics of Innovation ..............................................13Economics of International Trade Law ......................... 38Economics of Organisation and Bureaucracy .............. 11Economics of Remedies ...............................................38Economics of Services .................................................12Economics of Worker Cooperatives ............................. 21Economic Theory of Income Inequality ........................ 21Economy and Society in Europe ..................................34Economy of China ........................................................35

Elgar Companion to Health Economics, Second Edition ..........................................................19Elgar Companion to Hyman Minsky ............................. 48Elgar Companion to Marxist Economics ....................... 45Elgar Companion to Post Keynesian Economics, Second Edition ..........................................................45Elgar Companion to Public Choice, Second Edition ..... 41Elgar Companion to Recent Economic Methodology ... 48Elgar Companion to the Chicago School of Economics 48Elgar Companion to Transaction Cost Economics ....... 43Elgar Guide to Tax Systems .........................................20Employment, Growth and Development ....................... 46Encyclopedia of Keynesian Economics, Second Edition ..........................................................45Energy Governance, Institutions and Policy in China and the EU .................................................................19Entrepreneurship, Social Capital and Governance ...... 29European Cities and Global Competitiveness .............. 31European Integration in a Global Economy .................. 34Evolution, Organization and Economic Behavior ......... 44Exchange and Development ........................................27

FFamous Figures and Diagrams in Economics .............. 49Financial Crises and Recession in the Global Economy, Third Edition ................................................................6Financial Crisis and Developing Countries ................... 28Financial Globalization and Economic Performance ...... 6Financial Risk Measurement and Management ............. 6Financial Stability in Practice ..........................................6Fiscal Federalism ...........................................................2Foundations of Islamic Banking ......................................8Foundations of the Knowledge Economy ..................... 15Free Market Economics ..................................................1Free to Fail ...................................................................10

GGeography of Creativity ................................................29Geography of Entrepreneurial Activity and Regional Economic Development .............................................28Geography of the Internet .............................................28Global Economic Crisis ..................................................7Global Entrepreneurship and Development Index 2013 27Globalisation, the Global Financial Crisis and the State 25Globalization and Inequality .........................................25Globalization and Transport ..........................................34Globalization of Higher Education ................................21Globalization Trends and Regional Development ........ 30Global Urban Competitiveness Report – 2011 ............. 30Governance and Family Firms .....................................12

HHandbook of Accounting and Development ................. 28Handbook of Airline Economics ....................................33Handbook of Alternative Theories of Economic Growth . 3Handbook of Behavioral Finance ...................................4Handbook of Central Banking, Financial Regulation and Supervision ...........................................................5Handbook of Critical Issues in Finance .......................... 5Handbook of Economic Anthropology, Second Edition 46Handbook of Economic Organization ........................... 10Handbook of Evolutionary Economic Geography ......... 29Handbook of Globalisation and Environmental Policy, Second Edition ..........................................................24Handbook of Globalisation, Second Edition ................ 24Handbook of Industry Studies and Economic Geography .................................................................28Handbook of Innovation Indicators and Measurement . 14Handbook of Institutional Approaches to International Business ....................................................................26Handbook of Knowledge and Economics ..................... 43Handbook of Regional Innovation and Growth ............. 14Handbook of Research Methods and Applications in Empirical Finance ....................................................6Handbook of Research Methods and Applications in Empirical Macroeconomics ......................................3Handbook of Research Methods and Applications in Urban Economies ..................................................31Handbook of Research Methods in Migration .............. 32Handbook of Research Methods in Tourism ................. 16Handbook of Research on Gender and Economic Life 46Handbook of Research on Innovation and Entrepreneurship ............................................................14Handbook of Research on IPOs .....................................5Handbook of Research on Stock Market Globalization .. 5Handbook of Transport Economics .............................. 33Handbook on Contemporary Austrian Economics ........ 41Handbook on Energy and Climate Change .................. 19Handbook on the Economics and Theory of the Firm .. 10Handbook on the Economics of Crime ......................... 41Handbook on the Economics of Cultural Heritage ........ 17

Handbook on the Economics of Leisure ....................... 17Handbook on the Economics of Philanthropy, Reciprocity and Social Enterprise ................................................17Handbook on the Economics of Women’s Sports ........ 17Handbook on the Political Economy of War ................. 25Handbook on the Theory and Practice of Program Evaluation ..................................................................17Health Care, the Market and Consumer Choice ........... 19Heart of Teaching Economics .......................................22

IImplications of the Global Financial Crisis for Financial Reform and Regulation in Asia ..................................36Industrial Policy after the Crisis ....................................10Industrial Productivity in Europe ...................................12Infrastructure for Asian Connectivity ............................. 36Innovation and Institutional Embeddedness of Multinational Companies ...........................................26Innovation, Global Change and Territorial Resilience ... 13Institutional Economics .................................................42Institutional Entrepreneurship .......................................43Institutions, Economic Performance and the Visible Hand ..............................................................43International Handbook of Competition – Second Edition 8International Handbook of Urban Policy, Volume 3 ...... 30International Handbook on Public–Private Partnerships 8International Handbook on Regulating Nanotechnologies ........................................................9International Handbook on Teaching and Learning Economics .................................................................22International Handbook on the Economics of Corruption, Volume Two ...............................................................40International Handbook on the Economics of Mega Sporting Events ...............................................16International Handbook on the Economics of Migration 32International Yearbook of Industrial Statistics 2012 ...... 12International Yearbook of Industrial Statistics 2013 ...... 12Introduction to Actuarial Studies, Second Edition ........... 2Introduction to Cost–Benefit Analysis ............................. 1Inverse Infrastructures ..................................................13Islamic Debt Market for Sukuk Securities .......................7Islamic Finance ...............................................................7Islamic Finance in Europe ..............................................8

JJapan’s Great Stagnation .............................................35

KKey Concepts in the New Global Economy .................. 25Keynes’s General Theory .............................................48Keynes’s General Theory for Today ............................. 45Knowledge Commercialization and Valorization in Regional Economic Development .......................... 30

LLaw and Economics for Civil Law Systems .................. 37Law and Economics of Class Actions in Europe .......... 40Law and Economics of Innovation ................................38Law and Economics of Insurance .................................38Law and Economics of the Anticommons ..................... 37Law and Economics of Uncertainty .............................. 38Law, Economics and Evolutionary Theory .................... 40Legal Theory of Economic Power ...................................9Limits of Regulation ......................................................46LSE Companion to Health Policy .................................19

MMacroeconomics of Finance-Dominated Capitalism – and its Crisis ................................................................3Macroeconomic Theory and its Failings ......................... 4Making Capitalism in Rural China ................................36Managing Macroeconomic Policies for Sustainable Growth .........................................................................27Managing Open Innovation ..........................................14Managing Transaction Costs in the Era of Globalization ..............................................................44Market Building through Antitrust ....................................9Market Platforms, Industrial Clusters and Small Business Dynamics ................................................................... 11Markets, Planning and the Moral Economy .................. 48Mathematics and Modern Economics ............................ 4Mergers and Acquisitions ............................................. 11Microeconomics of Interactive Economies ..................... 1Microfoundations Delusion ...........................................45Microfoundations Reconsidered .....................................3Migration and Economic Growth ..................................32Migration Impact Assessment .......................................32Modern Guide to Keynesian Macroeconomics and Economic Policies .......................................................1Modern Macroeconomics ...............................................3Modern Monetary Macroeconomics ............................... 3Monetary and Currency Policy Management in Asia .... 36

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Monetary Policy and Central Banking ............................ 6Multi-Modal Competition and the Future of Mail ............. 9Multinational Enterprises and the Global Economy, Second Edition ..........................................................26Multinationals and Economic Geography ..................... 28

nNature-based Tourism and Conservation ..................... 16Neoliberalism ................................................................25Networks, Space and Competitiveness ........................ 30New Developments in Spatial Economics and Economic Geography ................................................28New Evolutionary Economics .......................................43New Global Political Economy ......................................24New Limits of Education Policy ....................................21

PPharmaceutical Economics ..........................................19Political Economy of Ageing and Later Life: Critical Perspectives ..............................................................18Political Economy of Arab Gulf States ............................7Political Economy of Iraq ..............................................25Political Governance of Capitalism ............................... 24Political Power of the Business Corporation ................. 24Post Keynesian Macroeconomic Theory, Second Edition 1Post-Keynesian Monetary Theory and Policy ............... 46Power of Evolutionary Thinking in Economics .............. 43Practice of Regulatory Reform .......................................9Principles of Public Economics .....................................17Private Property and Takings Compensation ............... 40Private Standards and Global Governance .................... 9Procedural Law and Economics ...................................40Productivity Growth ......................................................12Public Investments in Energy Technology .................... 19Public Microeconomics .................................................18Public–Private Innovation Networks in Services .......... 13Public Sector Shock .....................................................21

RRecent Advances in the Analysis of Competition Policy and Regulation ............................................................8Recent Developments in the Economics of International Migration ....................................................................32Recent Developments in the Economics of Tourism .... 15Recent Developments in the Economics of Transport .. 34

Reforming the Postal Sector in the Face of Electronic Competition .................................................................8Regional Economics of Knowledge and Talent ............ 15Regional Impact of National Policies ............................ 31Regional Integration and Economic Development in South Asia .................................................................37Regulation and Economics ...........................................40Regulation and the Performance of Communication and Information Networks ..........................................15Regulatory Failure and the Global Financial Crisis ........7Regulatory Reform of Public Utilities .............................. 8Research Handbook on International Banking and Governance ..........................................................4Research Handbook on International Financial Regulation ...................................................................5Research Handbook on Money Laundering ...................7Research Handbook on Public Choice and Public Law .41Research Handbook on the Economics of Antitrust Law ..............................................................39Research Handbook on the Economics of Corporate Law ...........................................................39Research Handbook on the Economics of Criminal Law ..............................................................39Research Handbook on the Economics of European Union Law .................................................39Research Handbook on the Economics of Labor and Employment Law .......................................................39Research Handbook on the Economics of Property Law .............................................................39Research Handbook on the Interpretation and Enforcement of Intellectual Property under WTO Rules ................................................................23Research Handbook on the Protection of Intellectual Property under WTO Rules .......................................23Research Handbook on the WTO Agriculture Agreement .................................................................23Reshaping Regional Policy ...........................................30Roads to Social Capitalism ...........................................46

SService Sector Productivity ...........................................10Short History of Ethics and Economics ........................ 48Social Economics of Thorstein Veblen ......................... 44Societies in Motion .......................................................29

Spatial Scenarios in a Global Perspective .................... 31Strategy, Innovation and the Theory of the Firm .......... 13Studies in Applied Geography and Spatial Analysis ..... 29

TTax Evasion and the Shadow Economy ....................... 20Teaching Innovations in Economics ............................. 22Technology Market Transactions ..................................13Theories of Money and Banking .....................................6Theories of the Multinational Firm ................................26Theory and Practice of Innovation Policy ..................... 14Towards a Cultural Political Economy .......................... 42Trade and Industrial Development in East Asia ............ 37Trade Facilitation ..........................................................22Transaction Cost Economics Project ............................ 10Transnational Corporations and International Production 2Transport Economics, 3rd Edition ................................33

UUrban Competitiveness and Innovation ........................ 31US–China Trade Dispute ..............................................22

WWelfare Economics of Public Policy ............................. 18What Makes Poor Countries Poor? .............................. 40What’s Right with Macroeconomics? .............................. 2Why is there Money? ......................................................3Why Poverty Persists ...................................................27Work Inequalities in the Crisis ......................................21World Economic Performance ........................................2World in Emergence .....................................................29World Statistics on Mining and Utilities ......................... 27WTO and Trade in Services .........................................23

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AÁcs, Zoltán J. ........................ 27Albi, Emilio ............................ 20Alexander, Kern ...................... 5Allen, Roy E. ........................... 6Alvey, James E. .................... 48Andersen, Birgitte ................. 10Arena, Richard ...................... 43Ariff, Mohamed ................... 7, 8Asafu-Adjaye, John .............. 27Asheim, Bjørn ....................... 14Atkinson, M.E. ........................ 2Audretsch, David B. .............. 14Autio, Erkko .......................... 27Ayotte, Kenneth .................... 39

BBackhaus, Jürgen G. ............ 40Bae, Chang-Hee Christine .... 30Baer, Werner ........................ 31Baldwin, David A. .................. 25Barth, James R. ...................... 4Baulch, Bob .......................... 27Baycan, Tüzin ....................... 30Becker, Robert ...................... 21Beekarry, Navin ...................... 5Bell, Adrian R. ......................... 6Benjamin, Roger ................... 21Benner, Mats ........................ 25Bennett, Jeff ......................... 18Benson, Bruce L. .................. 41Bertacchini, Enrico ................ 16Bhattacharyay, Biswa Nath ... 36Bianchi, Patrizio .................... 10Blaug, Mark .......................... 49Blomqvist, Hans .................... 27Boardman, Anthony E. ............ 8Boettke, Peter J. ............. 41, 42

Boffo, Marco ......................... 45Boschma, Ron ................ 14, 29Bosma, Niels ........................ 28Bowmaker, Simon W. ........... 22Bowman, Diana M. ................. 9Bravo, Giangiacomo ............. 16Brooks, Chris .......................... 6Brosio, Giorgio ...................... 20Bruce, Brian ............................ 4Bruni, Luigino ........................ 17Brunner, Hans-Peter ............. 37Buenstorf, Guido ................... 44Burroni, Luigi ........................ 34Button, Kenneth .............. 33, 34

CCabrillo, Francisco ................ 41Cahill, Damien ...................... 25Calliess, Gralf-Peter ............. 40Camagni, Roberto ................ 31Cameron, Samuel ................. 17Capello, Roberta ............. 30, 31Carrier, James G. ................. 46Carrillo, Francisco Javier ...... 15Carson, Richard T. ................ 18Cassone, Alberto .................. 40Cate, Thomas ................. 45, 48Cattelan, Valentino ................. 8Cervigni, Guido ..................... 19Chakravarti, Ashok ............... 43Chang, Yun-chien ................. 40Chen, Ding .............................. 5Chen, Zhao ........................... 36Chiswick, Barry R. ................ 32Cho, Dongchul ........................ 7Choe, Sang-Chuel ................ 30Chow, Peter C.Y. .................. 37Clark, Cal .............................. 27

Coates Ulrichsen, Kristian ...... 7Comanor, William S. ............. 19Constant, Amelie .................. 32Cooke, Philip .................. 13, 14Corley, Marva E. ................... 10Cornelisse, Peter A. .............. 27Correa, Carlos M. ................. 23Costa-Font, Joan .................. 19Courvisanos, Jerry ................ 46Coyne, Christopher J. ........... 25Crew, Michael A. ................. 8, 9Curbelo, José Luis ................ 13Czaika, Mathias .................... 32

DDaly, Andrew ......................... 18Davidson, Paul ....................... 1Davis, John B. ...................... 48Defraigne, Jean-Christophe .. 24Defraigne, Pierre .................. 24De Geest, Gerrit ................... 40de Haan, Arjan ...................... 28de Hauteclocque, Adrien ........ 9Demirbag, Mehmet ............... 26den Butter, Frank A.G. .......... 44Dent, Christopher M. ............ 37Dentinho, Tomaz Ponce ....... 30de Palma, André ................... 33Depoorter, Ben ..................... 37de Rus, Ginés ......................... 1Desta, Melaku Geboye ......... 23de Wilde, Tanguy .................. 24Dhumale, Rahul ...................... 5Dickson, D.C.M. ...................... 2Diebold, Francis X. ................. 6Dietrich, Michael ................... 10Dopfer, Kurt .......................... 43Dosch, Jörn .......................... 37

Dosi, Giovanni ...................... 11Drexl, Josef ............................. 9Dunning, John H. .................. 26Dwyer, Larry ................... 15, 16

EEccleston, Richard ................ 20Edwards, Lindy ..................... 25Eger, Thomas ....................... 39Egyedi, Tineke M. ................. 13Eijffinger, Sylvester ................. 5Ekelund Jr., Robert B. ........... 47Elhauge, Einer R. ................. 39Elsner, Wolfram ...................... 1Emmett, Ross B. ................... 48Enthoven, Alain C. ................ 19Eriksson, Sören .................... 30Estlund, Cynthia L. ............... 39

FFalck, Oliver .......................... 14Farber, Daniel A. ................... 41Farrar, John H. .................. 7, 25Farrell, Roger ........................ 35Faulhaber, Gerald R. ............ 15Festré, Agnès ....................... 43Figart, Deborah M. ................ 46Filho Salomão, Calixto ............ 9Fine, Ben .............................. 45Fiorentini, Riccardo ............... 24Flaschel, Peter ...................... 46Forsgren, Mats ..................... 26Forte, Francesco .................. 17Fouquet, Roger ..................... 19Frantzen, Dirk ....................... 14Frenkel, Amnon .................... 29

GGallaher, Michael P. .............. 19

Gallouj, Faïz ......................... 13Garcia Duarte, Pedro .............. 3García, Jaume ...................... 17Garside, W.R. ....................... 35Gault, Fred ............................ 14Geurs, Karst T. ...................... 33Geyer, H.S. ........................... 30Giarratani, Frank ................... 28Gill, Alison ............................. 16Gnos, Claude .................... 3, 46Gochoco-Bautista, Maria Socorro .................. 35Goodhart, Charles A.E. ........... 6Grandori, Anna ..................... 10Greve, Carsten ....................... 8Gunter, Frank R. ................... 25

HHammond, J. Daniel ............. 11Hands, D. Wade ................... 48Harel, Alon ............................ 39Harrington Jr., Joseph E. ........ 8Hashimzade, Nigar ................. 3Haynes, Kingsley .................. 29Heblich, Stephan .................. 14Heidenreich, Martin .............. 26Hein, Eckhard ..................... 1, 3Henrekson, Magnus ............. 43Hess, Stephane .................... 18Hewings, Geoffrey J.D. ......... 28Hill, Claire A. ......................... 39Hill, Hal ................................. 35Hodge, Graeme A. .............. 8, 9Hodgson, Geoffrey M. ............ 4Hoekman, Bernard ............... 23Hopper, Trevor ...................... 28Hoyt, Gail M. ......................... 22Hueth, Darrell L. ................... 18




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IIammarino, Simona .............. 28Ietri, Daniele ......................... 31Ietto-Gillies, Grazia ................. 2Iqbal, Munawar ................... 7, 8

JJackson, Matthew O. ............ 11Jackson, Peter M. ................. 11Jacobs, Scott .......................... 9James, Simon ....................... 20Jansson, Jan Owen .............. 12Jenkins, Darryl ...................... 33Jespersen, Jesper ................ 45Jessop, Bob .......................... 42Jie, Zheng Qiong .................. 31Jiménez, Juan Pablo ............ 20Johansson, Börje ............ 15, 29Jones, Andrew M. ................. 19Jovanović, Miroslav N. .......... 34Just, Richard E. .................... 18

KKarlsson, Charlie ............ 15, 29Kasper, Wolfgang ................. 42Kates, Steven ............... 1, 4, 48Katsoulacos, Yannis ............... 8Kawai, Masahiro ................... 36Ke, Ding ................................ 11Kerber, Wolfgang .................... 9Késenne, Stefan ................... 17Keune, Maarten .................... 34Khalid, Ahmed M. ................... 7Khatri, Sridhar ....................... 37King, J.E. .............................. 45King, Roger ........................... 21Kleindorfer, Paul R. ............. 8, 9Klein, Peter G. ...................... 43Kozak, Andrew F. .................. 48Krafft, Jackie ......................... 10Kresl, Peter Karl ................... 31Krizek, Kevin J. ..................... 33Kuhlmann, Stefan ................. 14

LLabory, Sandrine .................. 10Laperche, Blandine ............... 42Lazaric, Nathalie ................... 43Lederer, Adam ...................... 14Leeds, Eva Marikova ............ 17Leeds, Michael A. ................. 17Lee, Sang-Hyop .................... 36Levis, Mario ............................ 5Levratto, Nadine ................... 42Lima Tadeu, Gilberto .............. 3Lin, Chen ................................ 4Lindsey, Robin ...................... 33Link, Albert N. ........... 17, 18, 19Liu, Haimin ............................ 35Lloyd, Peter .......................... 49Luchtenberg, Sigrid .............. 46Lundan, Sarianna M. ............ 26Luo, Changyuan ................... 36

MMackaay, Ejan ...................... 37Madden, Gary ....................... 15Madsen, Mogens Ove .......... 45Maennig, Wolfgang ............... 16Maertens, Miet ........................ 9Mahadevan, Renuka ............ 27Malerba, Franco ................... 42Maltby, Tony .......................... 18Manera, Matteo .................... 19Mangan, John ....................... 16Marginson, Simon ................. 21Marrelli, Massimo ................. 16Martinez-Vazquez, Jorge ...... 20

Martin, Robert E. .................. 21Martin, Ron ..................... 14, 29Marx, Axel ............................... 9Masciandaro, Donato ............. 5Mas, Matilde ......................... 12Mason, Andrew ................. 7, 36Mathers, Rachel L. ............... 25Mavroudeas, Stavros ............ 46Mayes, David G. ............. 25, 36Maynard, Andrew D. ............... 9McCann, Philip ............... 28, 29McDonald, Ian M. ................... 4McDonnell, Brett H. .............. 39McGoldrick, KimMarie .......... 22McMahon, Joseph A. ............ 23Meardi, Guglielmo ................ 34Medema, Steven G. .............. 11Mehos, Donna C. .................. 13Metaxiotis, Kostas ................ 15Michell, Jo ............................... 5Michie, Jonathan .................. 24Mignosa, Anna ...................... 17Milanovic, Branko ................. 25Miles, Ian .............................. 10Miller, Paul W. ....................... 32Minford, Patrick ....................... 4Ming, Lu ................................ 36Mizutani, Fumitoshi ................. 8Mohamad, Shamsher ............. 7Montani, Guido ..................... 24Moon, Woosik ....................... 35Moore, Basil .......................... 46Moosa, Imad ......................... 22Mooslechner, Peter ............... 34Morgan, Peter J. ................... 36Morrison, Edward R. ............. 38Mulherin, J. Harold ............... 11

nNag, Rajat M. ........................ 36Naidoo, Rajani ...................... 21Nelson, Richard R. ............... 42Neumann, Manfred ................. 8Nijkamp, Peter .... 29, 31, 32, 33Niosi, Jorge ........................... 44Ni, Pengfei ...................... 30, 31Nowotny, Ewald .................... 34

OOates, Wallace E. ................... 2Obstfeld, Maurice ................... 7O’Connell, Anne Joseph ....... 41O’Connor, Alan C. ................. 19Olawoye ‘Yinka, Salewa ......... 6

PPacces, Alessio M. ............... 40Papadimitriou, Dimitri B. ....... 48Parisi, Francesco ............ 37, 38Park, Donghyun .................... 36Park, Jehoon ........................ 36Parrilli, Mario Davide ............ 13Peel, David ............................. 4Pempel, T.J. .......................... 36Pencavel, John ..................... 21Petchey, Jeffrey .................... 15Pickhardt, Michael ................ 20Pieters, Jan ........................... 24Pindado, Julio ....................... 12Podszun, Rupprecht ............... 9Poitras, Geoffrey ..................... 5Poletti, Clara ......................... 19Pollin, Robert ........................ 47Pomfret, Richard ................... 22Poot, Jacques ....................... 32Porat, Ariel ............................ 38Posner, Richard A. ................ 38Potts, David .......................... 27Potts, Jason .......................... 43Prado Mota, Mariana ............ 40

Prasada Rao, D.S. .................. 2Price III, Edward O. .............. 47Prinz, Aloys ........................... 20Prokopczuk, Marcel ................ 6Puchades-Navarro, Miguel A. 41

QQuinet, Emile ........................ 33

RRahman, Sultan Hafeez ....... 37Ramello, Giovanni B. ............ 40Ranci, Pippo ......................... 19Razzolini, Laura .................... 41Reggiani, Aura ...................... 33Reisman, David .................... 44Reksulak, Michael ................ 41Requejo, Ignacio ................... 12Rhee, Yeongseop ................. 35Richardson, Harry W. ........... 30Ritzberger-Grünwald, Doris .. 34Rizzo, Ilde ............................. 17Rochon, Louis-Philippe ..... 6, 46Rodríguez, Plácido ............... 17Rose-Ackerman, Susan ........ 40Rossi, Sergio .......................... 3Roy, Kartik ............................ 27Rubalcaba, Luis .................... 13

SSaad-Filho, Alfredo ............... 45Sahin, Mediha ....................... 32Salemi, Michael K. ................ 22Salzberger, Eli M. ................. 38Sanandaji, Tino ..................... 43Sanchirico, Chris William ...... 40Santagata, Walter ................. 16Scarborough, Helen .............. 18Schäfer, Hans-Bernd ............ 39Schmitz, Andrew ................... 18Schoenbaum, Thomas J. ........ 7Schwarcz, Daniel .................. 38Schwartz, Dafna ................... 14Schweitzer, Stuart O. ............ 19Scott, Allen J. ........................ 29Scott, John T. ........................ 18Seetaram, Neelu ............. 15, 16Selvanathan, Eliyathamby A. 26Selvanathan, Saroja ............. 26Setterfield, Mark ..................... 3Shapira, Philip ...................... 14Shughart II, William F. ........... 41Silvestre, Joaquim ................ 18Simpson, David .................... 41Singleton, John D. ................ 11Smith, Henry E. .................... 39Smits, Ruud E. ...................... 14Snowdon, Brian ...................... 3Sobrino, Jaime ...................... 31Sokol, Martin ........................... 1Solow, Robert M. .................... 2Song, Ligang ........................ 35Søreide, Tina ........................ 40Sourdin, Patricia ................... 22Spithoven, André .................. 14Stabile, Donald R. ................. 48Starr, Ross M. ......................... 3Stehrer, Robert ..................... 12Stilwell, Frank ....................... 25Stimson, Robert .................... 29Stockhammer, Engelbert ........ 1Stough, Roger R. ............ 15, 29Streit, Manfred E. .................. 42Sum, Ngai-Ling ..................... 42Suominen, Kati ..................... 23Swann, G.M. Peter ............... 13Swinnen, Johan ...................... 9Sykes, Alan O. ...................... 38Sykuta, Michael E. ................ 43Szerb, László ........................ 27

TTakagi, Shinji ........................ 36Tang, Sumei .......................... 26Teece, David J. ..................... 13Teirlinck, Peter ...................... 14Teitelbaum, Joshua C. .......... 38ten Raa, Thijs ....................... 12Thirlwall, A.P. ........................ 46Thorbecke, Erik .................... 27Thornton, Michael ................... 3Tieben, Bert .......................... 49Tietze, Frank ......................... 13Tisdell, Clem ................... 11, 16Tödtling, Franz ...................... 14Toporowski, Jan ...................... 5Törnqvist, Gunnar ................. 29Touffut, Jean-Philippe ............. 2Tranos, Emmanouil .............. 28Trebilcock, Michael J. ........... 40Tropeano, Domenica ............ 46Tsamenyi, Mathew ................ 28Tsomocos, Dimitrios P. ........... 6

UUddin, Shahzad .................... 28Unger, Brigitte ......................... 7United Nations Industrial Development Organization ................ 12, 27Utton, Michael A. .................... 9Uzunidis, Dimitri .................... 42

Vvan Ark, Bart ........................... 2van Bergeijk, Peter A.G. . 24, 28van de Klundert, Theo C.M.J. 42Van den Bergh, Roger J. ...... 40van der Hoeven, Rolph ......... 28van der Linde, Daan ............... 7van der Mandele, Hugh C. .... 10Vane, Howard R. .................... 3van Geenhuizen, Marina ...... 31van Seters, Paul ................... 24van Witteloostuijn, Arjen ....... 10Vargas-Silva, Carlos ............. 32Vaughan-Whitehead, Daniel . 21Vaughan Williams, Leighton . 15Vega, Henry .................... 33, 34Vickerman, Roger ........... 33, 34Victor, Peter A. ...................... 25Vismara, Silvio ........................ 5Visser, Hans ....................... 6, 7Voigt, Stefan ......................... 38Vonortas, Nicholas S. ........... 17

WWachter, Michael L. .............. 39Wagner, Richard E. .............. 41Walker, Alan .......................... 18Walstad, William B. ............... 22Wang, Yongqin ..................... 36Warnecke, Tonia L. ............... 46Webber, Michael ................... 36Weigand, Jürgen .................... 8Weiss, John .......................... 27Wells, Peter E. ...................... 33Westeren, Knut Ingar ............ 15Wickramasinghe, Danture .... 28Wicks-Lim, Jeannette ........... 47Wihlborg, Clas ........................ 4Wijen, Frank ......................... 24Wilks, Stephen ...................... 24Williamson, Oliver E. ............ 10Willke, Gerhard ..................... 24Willke, Helmut ....................... 24Wilson, Clevo ........................ 16Windrum, Paul ...................... 13Witt, Ulrich ............................ 43

Wolff, Edward N. ................... 12Wood, Geoffrey .................... 26Wouters, Jan .................... 9, 24Wray, L. Randall ............... 6, 48

XXiao, Geng ............................ 36

YYigitcanlar, Tan ..................... 15Yueh, Linda ........................... 35

ZZamagni, Stefano ................. 17Zenou, Yves .......................... 11Zhang, Yan ........................... 36Zhang, Yuan ......................... 36Zimbalist, Andrew ................. 16Zimmermann, Klaus F. .......... 32Zimmerman, Paul R. ............. 41Zoeteman, Kees ................... 24Zumbansen, Peer ................. 40

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EE3August 2012

OrdersMarston Book Services Limited 160 Milton Park, Abingdon Oxon OX14 4SD UK Tel: +44 1235 465500 Fax: +44 1235 465555 [email protected] www.marston.co.uk

InformationEdward Elgar Publishing Limited The Lypiatts, 15 Lansdown Road Cheltenham Glos GL50 2JA UK Tel: +44 1242 226934 Fax: +44 1242 262111 [email protected] www.e-elgar.com

Other Catalogues of Interest

Economics - CiteSeerX

Documents

Transcript of Economics - CiteSeerX