SPATIAL EQUILIBRIUM WITH FOOTLOOSE FIRMS*

ABSTRACT. We determine the location equilibria in a duopoly model under a novel solution concept. Typically, spatial equilibrium is described as either a simultaneous price and location game, or else as a two-stage location-then-price game. We introduce a new alternative, a two-stage price-then-location game. It is well known that no (pure strategy) equilibrium usually exists under the two standard solution concepts when products are homogeneous. We show this is also true for the new concept. We then provide numerical results for a specific functional form (the logit model) which introduces product heterogeneity into the standard framework, restoring equilibrium when the degree of substitutability between products is not too small.     

ROCK PHYSICS AND THE NEOLITHIC AXE TRADE IN GREAT BRITAIN*

This paper is concerned with the products of a number of Neolithic quarries in highland Britain. It investigates the claim that the scale of axe distribution was partly the result of social factors which resulted in these artefacts gaining an added value in areas remote from their sources. One case study considers the sequence of production in Cumbria, in relation to the tensile strength of the rock quarried in different parts of the region. It shows that these considerations had only a limited influence over the choice of stone source and the scale on which it was worked. A second study compares the tensile strength of the main raw materials used for making non-flint axes with the extent to which these sources were actually exploited. Again there is only a limited relationship between the two, suggesting that social factors may indeed have been important.     

ECONOMETRIC MODELING OF INTERREGIONAL LABOR MARKET LINKAGES*

ABSTRACT. This paper presents a statistical procedure for empirically establishing linkages between regional economies. Using Granger's definition of causality and the final prediction error technique for lag-length specification suggested by Hsiao, a linked, multiregional employment model is developed. The forecast performance of the linked model is compared to models which do not include interregional linkages. It is shown that forecast error is reduced by taking into account employment interrelationships between regions.     

EVALUATION OF THE MANGANESE ESR METHOD OF MARBLE CHARACTERIZATION

Results suggest that ESR studies of Mn⁺² in marble can provide an excellent discriminator for the determination of marble provenance. In comparison with other methods of quantitative analysis for manganese such as AA or NAA, the ESR method determines only Mn⁺² rather than total Mn, is inexpensive and rapid with no chemical preparation required, and does not consume the sample.     

Potential impacts of sand and gravel extraction on the Hunter River,New South Wales

A number of investigations have been undertaken by the New South Wales Water Resources Commission to determine the regional and compound effects of large scale extractive industries on the stability of the Hunter River, New South Wales. Sedimentologic studies of bed material suggest that the Hunter River upstream of Denman has an armoured gravel bed that is immobile during regulated releases from Glenbawn Dam but is disrupted by moderate but less than bankfull flows. Annual bedloadyields have been computed by the bedload rating-flow duration technique for five river gauging stations. Approximate sand and gravel budgets for selected reaches of the Hunter River demonstrate that the present annual extraction rate from temporary sediment storages within the channel greatly exceeds the transport rate upstream of Denman and is approximately equal to the transport rate downstream of Denman. River degradation is imminent if extractive industries continue operating in the channel of the Hunter River