Prices of raw materials continue to rise

Following the abatement of the boom market during the early months of 1983, the coming months will see an “adjustment” of world market prices for industrial raw materials to “fundamental” market conditions. Price fluctuations are likely during this period. A gradual increase in demand for raw materials and a moderate rise in raw materials prices can be expected during the further course of 1983 and in 1984.     

A note on lindahl taxes when public goods are inputs to household production

This note explores the incidence of benefit taxation when public goods yield utility only indirectly, as inputs to household production. It provides a condition for tax progression in terms of measurable parameters. The result is contrasted with the usually considered case of public goods being ordinary consumption goods, in which the parameters that indicate whether benefit taxation would be progressive are inestimable because of the preference revelation problem.I am grateful to two referees for insisting on clarifications and for providing useful suggestions.     

Book Reviews

Book reviews in this article: UNEMPLOYMENT: CAUSE AND CURE Patrick Minford BRITAIN CAN WORK Ian Gilmour THE SOCIAL ORGANISATION OF INDUSTRIAL CONFLICT: WORKER RESISTANCE IN THE WORKPLACE P. K. Edwards and Hugh Scullion MANAGING INDUSTRIAL RELATIONS Mick Marchington MANAGERS IN FOCUS: THE BRITISH MANAGER IN THE EARLY 1980s Michael Poole THE DEVELOPMENT OF THE LABOUR PROCESS IN CAPITALIST SOCIETIES Craig R. Littler THE MODERNIZATION OF SOVIET INDUSTRIAL MANAGEMENT William J. Conyngham THE SOCIALIST CORPORATION AND TECHNOCRATIC POWER Jean Woodhall     

Zur Theorie des wirtschaftlichen Wachstums

Ohne ZusammenfassungZum Werk von W. A. Lewis:Die Theorie des wirtschaftlichen Wachstums. Übersetzt im Auftrag der List Gesellschaft e. V. von Herbert von Beckerath. (Hand- und Lehrbücher auf dem Gebiet der Sozialwissenschaften.) XI, 503 S. Tübingen: J. C. B. Mohr (Paul Siebeck) — Zürich: Polygraphischer Verlag AG. 1956. DM 28, —, geb. DM 32, —.     

The internationalization of energy supply structures

The World Energy Conference will be held in Munich in mid-September. It will have to deal with diverse and complex problems of energy policy, for the seventies have presented tremendous challenges in the energy field. The control over oil—with 46% of the world supply still by far the most important source of energy—has been reorganized and two oil crises have exposed the flow of supplies to severe disruption and political hazards. As far as can be foreseen, the supply is unlikely to keep abreast of the world-wide rise of energy consumption. To replace the oil gradually will therefore be the major task in the energy field in the coming decades. What will be the supply position between now and the year 2000? And which structural changes will have to be effected?