John Randolph Norsworthy's Books

Economics of the U.S. Commercial Airline Industry: Productivity, Technology and Deregulation

By: Ivan L. Pitt,John Randolph Norsworthy

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Economics of the U.S. Commercial Airline Industry: Productivity, Technology and Deregulation

By: Ivan L. Pitt,John Randolph Norsworthy

Economics of the U.S. Commercial Airline Industry: Productivity, Technology and Deregulation illustrates the impact of upstream technological change in capital goods (aircraft and aircraft engines) on demand, productivity, and cost reduction in the U.S. airline industry for the years 1970-1992. The aim is to separate supply-side technology push from demand pull in determining investment in aircraft in the US airline industry. The focus of inquiry in this study is at the company level, so the measures are sensitive to company differences such as financial costs, payload, and existing aircraft inventory rather than industry averages. This monograph builds on the new developments in econometric modeling and has a substantial technical component. The quantitative results lead to implications for understanding technology and its impact on the airline industry, as well as for formulating regulatory policy.

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Page Count

200

Publisher

Springer Science & Business Media

Published Date

ISBN 10

1461550319

ISBN 13

9781461550310

Macroeconomic Policy as Implicit Industrial Policy: Its Industry and Enterprise Effects

By: John Randolph Norsworthy,Diana H. Tsai

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Macroeconomic Policy as Implicit Industrial Policy: Its Industry and Enterprise Effects

By: John Randolph Norsworthy,Diana H. Tsai

Whether they should or not, few economists do in fact refrain from making pronouncements on public policy, although the state of the economy (both here and elsewhere) suggests that either the advice given is bad or, if good, that it is ignored . . . I happen to think that we are appallingly ignorant about many aspects of the working of the economic system -- the economics of the firm and industry. Ronald H Coase, Economists and Public Policy In this volume we attempt to address an element of Coase's concern by linking the empirical economics of the fInn and industry more closely to macroeconomic policies, and to demonstrate how to assess some of the effects of those policies. The scope of our study ranges from a structural macroeconomic model of the United States, from which macroeconomic effects are propagated to detailed structural models of SIC four digit industries. The rationale for our approach is very much in the spirit of various integrated macroeconomic/industry models constructed by Dale Jorgenson, working with various collaborators. Our approach is also consistent with, and motivated by, Lawrence Klein's agenda of modeling explicitly and structurally the macro and sectoral elements in the national economy. We also examine the effects of the macroeconomic policies of different countries on the enterprise. In only one case, our examination of crowding out of private investment by government defIcit fmancing, is the linkage among sectors implicit.

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Page Count

270

Publisher

Springer Science & Business Media

Published Date

ISBN 10

1461554438

ISBN 13

9781461554431

Collected Letters of John Randolph of Roanoke to Dr. John Brockenbrough, 1812-1833

By: John Randolph,John Brockenbrough,Kenneth Shorey

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Collected Letters of John Randolph of Roanoke to Dr. John Brockenbrough, 1812-1833

By: John Randolph,John Brockenbrough,Kenneth Shorey

This volume presents a complete collection of correspondence between John Randolph of Roanoke, Virginia, and his close friend Dr. John Brockenbrough, a Richmond physician. Randolph was an eloquent man, the most talented extemporaneous speaker of the House of Representatives in his day and often wrote biting social commentatary. Of special interest in this collection are his critical comments on Thomas Jefferson, James Madison, James Monroe, John Adams, John Quincy Adams, Henry Clay, John Marshall, and many other leading figures of the period. Randolph's correspondence with Brockenbrough touches upon the principal political controversies of his time, from the War of 1812 to South Carolina's Nullification Crisis of 1832. From the trial of Aaron Burr until his fantastic end in a Philadelphia hotel, John Randolph confided in John Brockenbrough. This book records the friendship of a gifted politician and a sober physician. It also reveals a great deal about an era of American history that ought to be studied more closely.

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Page Count

157

Publisher

Transaction Publishers

Published Date

ISBN 10

0887381944

ISBN 13

9780887381942

Book's by John Randolph Norsworthy

Economics of the U.S. Commercial Airline Industry: Productivity, Technology and Deregulation

Economics of the U.S. Commercial Airline Industry: Productivity, Technology and Deregulation

Macroeconomic Policy as Implicit Industrial Policy: Its Industry and Enterprise Effects

Macroeconomic Policy as Implicit Industrial Policy: Its Industry and Enterprise Effects

Collected Letters of John Randolph of Roanoke to Dr. John Brockenbrough, 1812-1833

Collected Letters of John Randolph of Roanoke to Dr. John Brockenbrough, 1812-1833

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