Geographical disadvantage: a Heckscher-Ohlin-von Thünen model of international specialisation

We analyse the trade and production patterns of countries located at varying distances from an economic centre. Exports and imports of final and intermediate goods bear transport costs which increase with distance. We show how production and trade depend on factor endowments and factor intensities, and also on countries’ locations and the transport intensities of different goods. Countries divide into zones with different trade patterns, some export oriented and others import substituting. We study the implications of distance for factor prices and real incomes, the effects of changes in transport costs, and the locational choice of new activities.     

Systematic life styles for new product segmentation

Life style analyses have tended to focus on general life style versus specific product life styles, i.e., the specificity issue. These studies have led many companies to use life style varyables related to a specific product category or a brand. However, another key dimension of life style analysis, i.e., comprehensiveness of scope, has largely been ignored. This article suggests there is considerable power in systematically studying specificity and comprehensiveness of life styles for segmenting markets for new products.     

Capital gains tax V. the venture capitalist

Does Capital Gains Tax frustrate the venture capitalist? Anthony joy, of CINVen, argues that CGT mesns that individual entreneurs suffer while companies go free of tax.     

ACCOUNTING REGULATION: AN ALTERNATIVE PERSPECTIVE: A REPLY

The comments by Willmott on the desirability of extending the argument of Laughlin and Puxty (1983) are welcomed. The roles of class and the State in accounting regulation are discussed, and Habermas's theory of communicative competence briefly alluded to as a means of dissolving conflict as an extension of the earlier paper.     

The plurality of worlds : A synergistic approach to the question of the search for extraterrestrial intelligence (SETI)

If intelligent life is a common occurrence in the Galaxy, then many civilizations should have arisen which by now are far in excess of mankind in both their age and their capabilities. It is to be expected on technical grounds that some of these should have crossed the threshold of their home planetary system and ventured out into interstellar space. In a time that is short when measured against astronomical timescales, such civilizations could have colonized the planets orbiting every suitable star in the Galaxy. As the Solar System is relatively young in the Galaxy, there should nevr have been a time in our history when mankind was not aware of the presence of such civilizations. And yet, we apparently see no signs of intelligent life in the Galaxy other than ourselves! This paradox—first expressed by Enrico Fermi 40 years ago—is today still relevant to discussions on the possible existence of intelligent life in the Universe and the methods of searching for signs of such life. This article explores arguments prompted by the paradox in more detail. It is concluded that the different aspects have only one self-consistent resolution—mankind is unique in the Galaxy. It is hoped that elaboration of some key concepts will cause the discussions to refocus on the paradox that Fermi identified so many years ago.