Reviews

Australian

Bateman W. R. G. and Ward M. W. (eds), Australia's Offshore Maritime Interests, Canberra, Australian Centre for Maritime Studies, 1985, pp. 122. $15.00 (paper)

Stephen Castles, Mary Kalantzis, Bill Cope and Michael Morrissey, Mistaken Identity: Multiculturalism and the Demise of Nationalism in Australia, Sydney, Pluto Press, 1988, pp.152. $14.95 (paper)

Roger Gibbins, Federalism in the Northern Territory; Statehood and Aboriginal Political Development, Darwin, North Australia Research Unit, Australian National University, 1988, pp. 148. $14.00 (paper)

Dean Jaensch and Peter Loveday (eds), Challenge From The Nationals: The Territory Election 1987, Darwin, North Australia Research Unit, Australian National University, 1987, pp. 226. $20.00 (paper)

Constance Lever‐Tracy and Michael Quinlan, A Divided Working Class, London, Routledge & Kegan Paul, 1988, pp. 338. $29.95 (paper)

Peter Loveday and Peter McNab (eds), Australia's Seventh State, Darwin, The Law Society of the Northern Territory and the North Australia Research Unit, Australian National University, 1988, pp.322. $24.00 (paper)

Geoffrey Skene, Specialities of the House, Department of the Parliamentary Library/Australasian Political Studies Association, 1988, pp.59. $10.00 (paper)

Comparative and international

Chris Bellamy, The Future of Land Warfare, London and Sydney, Croom Helm, 1987, pp.302. £29.95 (cloth)

Cathy Downes Strategic and Defence Studies Centre Research School of Pacific Studies The Australian National University

Melanie Beresford, Vietnam: Politics, Economics and Society, London, Frances Pinter, 1988, pp.242. $19.95 (paper)

Vernon Bogdanor (ed.) Constitutions in Democratic Politics, Gower, for the Policy Studies Institute, Aldershot, 1988, pp.395. $59.00 (cloth)

Barry Coldrey, Faith and Fatherland: The Christian Brothers and the Development of Irish Nationalism 1838–1921, Dublin, Gill and Macmillan, 1988, pp. 338. £27.50

John Connell, New Caledonia or Kanaky? The Political History of a French Colony, Canberra, Australian National University, National Centre for Development Studies, Pacific Research Monograph No. 16,1987, pp.493. $25.00 (paper)

Michael Spencer, Alan Ward and John Connell (eds), New Caledonia: Essays in Nationalism and Dependency, St Lucia, University of Queensland Press, 1988, pp.253. $ 19.95 (paper)

Leon Epstein Political Parties in the American Mold, Wisconsin, University of Wisconsin Press, 1986, pp. 440. $US27.00 (cloth).

Keith Ewing, The Funding of Political Parties in Britain, Cambridge, U.K., Cambridge University Press, 1987, pp. 264. $70.00 (cloth)

Richard Higgott (ed.), New Directions in International Relations? Australian Perspectives, Canberra, Department of International Relations, Australian National University, 1988, pp. 223. $10.00 (paper)

Michael J Sheehan, Arms Control; Theory and Practice, Oxford, Basil Blackwell, 1988, pp. 188. $34.95 (paper)

Political theory and methodology

Boris Frankel, The Post‐Industrial Utopians, Cambridge, Polity Press, 1987, pp. 303. $29.95 (paper)

P. Gottfried and T. Fleming The Conservative Movement. Boston, Twayne Publishers, 1988, pp.125. US$7.95 (paper)

Peter C. Ordeshook, Game Theory and Politics: An Introduction, New York, Cambridge University Press, 1986, pp.511. $47.00 (paper)

A. Teichova, M. Levy‐Leboyer & H. Nussbaum (eds), Multinational Enterprise in Historical Perspective, Cambridge, Cambridge University Press, 1986, pp. 396. $107.00 (cloth).     

PRODUCTION TECHNOLOGY UNCERTAINTY AND THE OPTIMAL LOCATION OF THE FIRM*

ABSTRACT This paper investigates the implication of production-technology uncertainty for the exclusion theorem. The paper presents the result that the risk-averse firm facing production technology uncertainty prefers an intermediate location to avoid risk under certain conditions. The firm chooses an intermediate location (over a corner location) particularly if its degree of risk aversion overwhelms the inherent convexity of profit with respect to location. The latter depends, in turn, on the structure of production technology characterized by the elasticity of substitution and returns to scale parameters.     

THE EFFECTS OF LOCAL TAXES AND PUBLIC SERVICES ON RESIDENTIAL DEVELOPMENT PATTERNS*

ABSTRACT. This paper incorporates an exogenous taxing and service-providing public sector into a dynamic residential land-use model in order to examine how local-government fiscal policies alter the pace and pattern of residential development. The model is used to derive the comparative-dynamic responses to variations in the income, sales, and property taxes and public-service time paths. The results show how tax and expenditure effects systematically depend upon the anticipated relative growth rates in rents to alternative uses and vary across locations within a given urban area as well as across urban areas themselves.