External economies and second-order optimality conditions
WJ Baumol - The American Economic Review, 1964 - JSTOR
It does indeed seem plausible, as Buchanan and Kafoglis point out, that" If a municipal
government should cease, forthwith, to provide any collec-tive police protection, individuals would…
government should cease, forthwith, to provide any collec-tive police protection, individuals would…
[PDF][PDF] An Interview with William J. Baumol
AB Krueger - Journal of Economic Perspectives, 2001 - pubs.aeaweb.org
… BAUMOL: They didn’t have them at the time. There was a little … BAUMOL: Oh, I think as
soon as I started to read some of … when we’d go out consulting together and we’d have lunch …
soon as I started to read some of … when we’d go out consulting together and we’d have lunch …
[PDF][PDF] Contestable markets: an uprising in the theory of industry structure
WJ Baumol - American economic review, 1982 - academia.edu
The address of the departing president is no place for modesty. Nevertheless, I must resist
the temptation to describe the analysis I will report here as anything like a revolution. Perhaps …
the temptation to describe the analysis I will report here as anything like a revolution. Perhaps …
Macroeconomics of unbalanced growth: the anatomy of urban crisis
WJ Baumol - The American economic review, 1967 - JSTOR
… BAUMOL … BAUMOL: UNBALANCED GROWTH 417 … On the other hand, if D represents
average delay on some road and A is the volume of automotive traffic, the corresponding relation…
average delay on some road and A is the volume of automotive traffic, the corresponding relation…
Speculation, profitability, and stability
WJ Baumol - The Review of Economics and Statistics, 1957 - JSTOR
… where K and V are constants and D and P respectively represent the quantity demanded
and current price. In the absence of speculation the equilibrium condition is D = S, which …
and current price. In the absence of speculation the equilibrium condition is D = S, which …
On the Theory of Expansion of the Firm
WJ Baumol - The American Economic Review, 1962 - JSTOR
Economists who have spent time observing the operations of business en-terprises come
away impressed with the extent of management's occupation with growth. Expansion is a …
away impressed with the extent of management's occupation with growth. Expansion is a …
Feedback from productivity growth to R & D
WJ Baumol, EN Wolff - The Scandinavian Journal of Economics, 1983 - JSTOR
It is shown that while the scale of R & D activity affects the rate of growth of productivity in
manufacturing, that rate of growth, in turn, affects the relative cost of R & D and, hence, its …
manufacturing, that rate of growth, in turn, affects the relative cost of R & D and, hence, its …
On the proper cost tests for natural monopoly in a multiproduct industry
WJ Baumol - The American economic review, 1977 - JSTOR
… If the cost function is to be subadditive, then at output level y*/2 total cost must be represented
by some point such as D which is above C*/2, and the analogous observation applies to …
by some point such as D which is above C*/2, and the analogous observation applies to …
Input choices and rate-of-return regulation: An overview of the discussion
WJ Baumol, AK Klevorick - The Bell Journal of Economics and Management …, 1970 - JSTOR
… Baumol has published extensively on subjects ranging from the theory of the firm to the … 14]
and by Klevorick and Baumol [8]. The discussion here will employ elements of both analyses. …
and by Klevorick and Baumol [8]. The discussion here will employ elements of both analyses. …
Testing Baumol: Institutional quality and the productivity of entrepreneurship
RS Sobel - Journal of Business Venturing, 2008 - Elsevier
… of Baumol's theory, examining the impact of institutional quality on both the levels of productive
and unproductive entrepreneurship. My results confirm Baumol's … of Baumol's theory are …
and unproductive entrepreneurship. My results confirm Baumol's … of Baumol's theory are …