Neutral Inventions and the Stability of Growth Equilibrium* H. Uzawa H. Uzawa University of California, Berkeley, and Stanford University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 28, Issue 2, February 1961, Pages 117–124, https://doi.org/10.2307/2295709 Published: 01 February 1961

Journal Article The Social Optimum in the presence of Monopoly and Taxation Get access H. A. John Green H. A. John Green Toronto Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 29, Issue 1, October 1961, Pages 66–78, https://doi.org/10.2307/2296184 Published: 01 October 1961

I. The price system and the firm, 399. — II. The control of information, 402. — III. Information and expectations, 405. — IV. The division of knowledge, 411. — V. The firm's decision mechanism, 417. — VI. Conclusion, 420.

I. The main argument, 451. — II. Problems of time series including more than two years, 457. — III. The aggregation of inputs as well as outputs for the measurement of “efficiency,” 459. — IV. The treatment of “new products” in input and output indexes, 465.

I. Introduction, 515. — II. Early origins in railway rate theory: oligopoly, 517. — III. Process, structure and logic, 520. — IV. “Competing monopolists” and the literature of business, 524. — V. The attack on Marshall, 532; oligopoly, 533, increasing returns, 534, the representative firm and dynamic problems, 538. — VI. Marshall on monopolistic competition, 540.

(e) Net interest paid by government. The national income net interest total comprises total interest accruing to United States persons and governments less the total interest paid by United States governments to persons, governments, and businesses. The personal income interest total is obtained by adding to the national figure the excess of interest payments by governments over their interest receipts. Thus it measures total interest paid to United States persons.3 The share of the national total attributable to any one state is extremely difficult, if not impossible, to estimate by direct means, if this were desired. But allocation can be made more easily, although the method rests upon the same sort of fundamental and hazardous assumptions as in the case of allocating corporate income. Figures are availalble from the Department of Commerce of private interest received by residents of Texas and the United States. The Texas state income component of United States net interest paid by governments was obtained by applying the ratio obtained from the private interest figures to the United States net government interest total. The assumption here, of course, is that Texas residents' entitlement to a share of the national total of net government interest was the same as their entitlement to a share of the national total of private interest, as reflected in the payments actually made or imputed. The method also, as in the corporate income case, has the merit of conforming to the conceptual framework which emphasizes the wherereceived measure. TABLE 4.-GOVERNMENT AND BUSINESS TRANSFER PAYMENTS, TEXAS, I950-58 ($ million)