Book Review

Pierre Pascallon : La Théorie du “Second Best” en procès: un premier état de la question (The theory of the second best on trial: a first progress report). Cahiers de l'I.S.E.A., Série EM No. 4, Economies et Sociétés, Institut de science économique appliquée, Paris, pp. 365-678. Walter Hesselbach : Enterprises of general interest, with a terminological appendix by Karl Kühne, Paris - The Hague, Mouton, 1972, 231 pages. J.B. Cullingworth and S.C. Orr : Regional and Urban Studies, George Allen and Unwin Ltd., Ruskin House, London, 1969, 282 pages. H. Knapp and A.E. Rauter : Akzente konsumgenossenschaftlicher Verbraucherpolitik (Aspects of the consumer co-operatives' policy on consumer protection), Genossenschaftliche, Schriftenreihe, No. 37, Konsumverband, Vienna, 1972, 66 pages.     

Book Review

Centro Latinoamericano de Documentación Económica Y Social : Bibliografia sobre empresas públicas (Bibliography of Public Enterprise), Naciones Unidas/CEPAL, Santiago, 1972, 248 pages + statistical annex. Public Enterprise, edited by R. Turvey, Penguin Modern Economics Readings, re-issued 1971. Balbir S. Sahni : Public Expenditure Analysis Selected Readings, Rotterdam University Press, 1972, 269 pages. Angelos Angelopoulos : Le Tiers-Monde face aux pays riches (The Third World and the Rich Countries), Presses Universitaires de France, Paris, 1972, 222+xv1 pages. International Cooperative Alliance : The Needs Of the Cooperative Movement of Bangla Desh, New Delhi, 1972, 115 pp. R.N. Tewari : Agricultural Planning and Cooperatives, Sultan Chand & Sons, Delhi, 100 pp. Albert Masnata : Le destin des échanges Ouest-Est (The Future of East-West Trade), La Baconnière, Neuchǎtel, 1972, 173 pages.     

Book Review

The diffusion of the Internet is becoming a central policy issue for developing countries, being identified by scholars as a key driver of knowledge, innovation and development. Remarkably, the related literature is scarce and fragmented. In order to contribute to fill this gap, we analyse Internet access and usage patterns in seven Latin American countries. In addition to the traditional socio-economic determinants of Internet access, the results also suggest an important role for network effects, presence of students at households and complementarities in Internet use at different locations. Concerning usage, estimations show that Internet access does not translate automatically into usage. In particular, females are found to be less likely to use the Internet, even once access is provided. Finally, the evidence suggests that while technological skills are necessary to fully exploit Internet potentialities, individuals located in rural areas are more likely to use the Internet for education purposes, confirming the potential connectivity impact on human capital.     

Book Review

N.S. Carey -Jones , S.M. Patankar , M.J. Boodhoo : Politics, Politics, Enterprise and the Industrial Development Agency -Industrialization Policies and Practices, Croom Helm, London, 1974, 248 pages. Karl H. Steinhöfler : Kommunale Umweltpolitilk (The municipalities' environmental policy), No. 2 of the series Kommunalpolitik and Kommunalwissenschaft, edited by the Bundeswirtschaftskanuner, Österreichischer Wirtschaftsverlag, Vienna, 1974, 166 pages. K.K. Saxena : Evolution of Cooperative Thought, Somaiya Publications Bombay, 1974, 159 pages.     

Book Review

Unit-root testing strategies are unnecessarily complicated because they do not exploit prior knowledge of the growth status of the time series, they worry about unrealistic outcomes, and they double- or triple-test for unit roots. The authors provide a testing strategy that cuts through these complications and so facilitates teaching this dimension of the unit-root phenomenon. F tests are used as a vehicle for understanding, but t tests are recommended in the end, consistent with common practice.     

Book Review

Book reviewed:
James M. Buchanan and Richard A. Musgrave, Public Finance and Public Choice: Two Contrasting Visions of the State