Selected Publications

Economic Dynamics

    1. The non-robustness of saddle-point dynamics: A methodological perspective, in Keynesian, Sraffian, Computable and Dynamic Economics (K Velupillai, ed), Palgrave/ Macmillan, 2021

    2. Economic growth with institutional savings and investment, Review of Political Economy, 2018

    3. A circular economy model of economic growth, (with B C Lin and Y Chen), Environmental Modelling and Software, 2015.

    4. Nonlinearity, Complexity and Randomness in Economics, Wiley-Blackwell, 2012 (Jointly edited with S Zambelli)

    5. Stability of Growth Models with Generalised Lag Structures, in Frontiers of Economic Growth and Development (O de La Grandville ed), Emerald, 2011

    6. Contributions on Economic Growth, Journal of Economic Surveys, vol 25, 2011

    7. Shifting Sands: Nonlinearity, Complexity and Randomness in Economics, Journal of Economic Surveys, vol 25, 2011

    8. Money and Inflation in a Nonlinear Model, Mathematics and Computers in Simulation, (with L T Oxley), 2008

    9. Economics on the Edge of Chaos, Environmental Modelling and Software, (with L T Oxley), vol 22, 2007

    10. La dinamica de las expectivas racionales: una critica metodologica (with L T Oxley), Investigacion Economica, vol. LXIV, 2005 (Invited paper. Translated from English by the journal.)

    11. Surveys in Economic Growth: Theory and Empirics, Basil Blackwell, 2004, (Jointly edited with L T Oxley and K I Carlaw). (Published in Chinese by CIP, 2009)

    12. Economic Growth in Transition, (with L T Oxley and K I Carlaw) Journal of Economic Surveys, vol 17, 2003

    13. Catastrophe Theory, in Reader’s Guide to the Social Sciences (J Michie ed.), Fitzroy Dearborn, 2001

    14. Surveys in Economic Dynamics, Basil Blackwell, 2000, (Jointly edited with L T Oxley and S Potter)

    15. Non-Linear Noise Reduction and Detecting Chaos: Some Evidence from the S&P Composite Price Index (with R Harrison, W Lu, L T Oxley and D Yu), Mathematics and Computers in Simulation, 1999

    16. Robustness and Local Linearisation in Economic Models (with L T Oxley), Journal of Economic Surveys, vol 13, 1999

    17. Linear Saddlepoint Dynamics on Their Head, European Journal of Political Economy, vol 10, 1994, pp 389-400, (with L T Oxley)

    18. Fixed Money Growth Rules and the Rate of Inflation: Global v. Local Dynamics, Scottish Journal of Political Economy, vol. 38, no. 3, 1991, pp 209-226, (with L T Oxley) Reprinted in Modelling and Testing Macroeconomic Hypotheses, by L T Oxley, Center for Economic Research, Tilburg

    19. Chaos and Complexity in Economics , Journal of Economic Surveys, 1990, vol. 4, no.4, pp 397-404

    20. Structural Stability and Model Design, Economic Modelling, vol.2, no.4, 1985, pp 307-316, (with L T Oxley)

    21. Equilibrium and Catastrophes in Economics, Scottish Journal of Political Economy , vol. 28, no. 1, 1981, pp 43-61


Worker Participation and Self-Management

22. Workers' Savings and the Right to Manage, Journal of Economic Surveys, vol 21, 2007 (reprinted in Issues in Heterodox Economics (D A R George ed.), Blackwell, 2008)

23. Producer Cooperatives, in Reader’s Guide to the Social Sciences (J Michie ed.), Fitzroy Dearborn, 2001

24. Self-Management and Ideology, Review of Political Economy, vol. 9, no. 1, 1997

25. The Political Economy of Wage-Earner Funds: Policy Debate and Swedish Experience, Review of Political Economy, vol. 5, no. 4 ,1993, pp 470-490

26. Ownership, Control and Self-Management, International Review of Applied Economics, vol. 7, no. 1, 1993, pp 48-68

27. Economic Democracy: The Political Economy of Self-Management and Participation, Macmillan, 1993, 226 pp (available as an e-book from Springer, 2016)

28. Wage-Earners' Investment Funds: Theory, Simulation and Policy, International Review of Applied Economics, vol.1, no. 1, 1987, pp 109-123

29. Worker Participation and Wage-Bargaining in Denmark, Economic and Industrial Democracy, vol.7, no. 3,1986, pp 351-360

30. Collective Capital Formation: Implications of the Scandinavian Debate, Economic Analysis, vol.XIX, no.3, 1985, pp 281-293

31. Wage-Earners' Investment Funds in the Long-Run, Economic Analysis, vol.XIX, no.1, 1985, pp 13-28

32. A Saving Scheme for the Workers that could be a Saving Grace, The Guardian, April 20, 1983

33. Workers' Cooperatives in Denmark, Managerial and Decision Economics, vol.3, no. 4, 1982, pp 205-212

34. Worker Participation and Self-Management , Scottish Journal of Political Economy vol. 29, no.3, 1982 pp 310-317

Product Reliability

35. Segmentation in Consumer Durables Markets, International Journal of Business Administration, 5, 2014

36. Technical Progress and Product Reliability Under Competition and Monopoly, Managerial and Decision Economics, 2013

37. A Simple Model of Reliability, Warranties and Price-Capping, International Journal of Business and Economics, vol 5, 2006

38. A Model of Endogenous Quality Management, Journal of Economics and Business, 52, 2000

39. Production, Quality and Markets, International Journal of the Economics of Business, vol.4, no. 1, 1997

40. The Price-Quality Relationship under Monopoly and Competition, Scottish Journal of Political Economy, vol. 43, no. 1, 1996, pp 99-112

Other Topics

41. Issues in Heterodox Economics, (Edited) Basil Blackwell, 2008

42. Consolations for the Economist: the Future of Economic Orthodoxy, Journal of Economic Surveys, vol 21, 2007 (reprinted in Issues in Heterodox Economics (D A R George ed.), Blackwell, 2008)

43. Surveys in Econometrics, Basil Blackwell, 1994, 320 pp. (Jointly edited with L T Oxley, S T Sayer and C J Roberts)

44. Property Valuation and Local Taxes, Royal Economic Society Newsletter, 1990

45. Theory, Policy and Arrow , Journal of Economic Surveys, 1988, vol.2, no.4, pp 373-375

46. Production Relationships in Fishing: Investment in the British Fishing Industry, Sea Fish Industry Authority, 1988, (with S J Clark)

47. Mathematical Modelling for Economists, Macmillan, 1988 (Published in N. America as Economic Modeling: An Introduction by Basil Blackwell, 1988; available as an e-book from Springer, 2016)

48. Production Relationships in Fishing: A Survey of the Literature and a Vintage Approach to Modelling, Sea Fish Industry Authority, 1986 (with L T Oxley and C J Roberts.)

49. Production Relationships in Fishing: Boat Behaviour and the Effects of Refitting and Other Grants, Sea Fish Industry Authority, 1986, (with S J Clark)

50. Competition in the Gas Industry: Implications of the Oil and Gas Enterprise Act 1982, National Gas Consumers' Council, 1986, 37pp (with L T Oxley)

51. Looking for the Right Course to Steer for British Shipping, The Shipbroker, January 1985.

Book and conference reviews

52. Review of "Equality, Participation, Transition: Essays in Honour of Branko Horvat", The Economics of Transition, 2001

53. Report on: Royal Economic Society/Association of Heterodox Economists Conferences, 1999, Journal of Economic Surveys, 1999

54. Review of: Pagano, U. and R. Rowthorn (eds) "Democracy and Efficiency in the Economic Enterprise", Economic Journal, vol 107, 1997

55. Report on: The Royal Economic Society Conference, 1995, Journal of Economic Surveys, vol. 9, 1995

56. Review of: Payson, S. "Quality Measurement in Economics: New Perspectives on the Evolution of Goods and Services", Economic Journal, 1995

57. Review of: Wynarczyk, P et. al. "Managerial Labour Markets in Small and Medium-Sized Enterprises", Economic Journal, 1995

58. Review of: Atkinson, A.B. (ed) "Alternatives to Capitalism: The Economics of Partnership", Economic Journal, 1994

Selected discussion papers

    1. Finance, property rights and productivity in Italian cooperatives (with E Fontanari and E C Tortia), Edinburgh School of Economics Discussion Papers, no. 293, 2019, 30p.

    2. Rational Expectations Dynamics: A Methodological Critique (with L T Oxley), University of Edinburgh, School of Economics Discussion Paper 217, 2013

    3. A two-sector growth model with institutional saving and investment, University of Edinburgh, School of Economics Discussion Paper 214, 2013

    4. Technical progress and product reliability under competition and monopoly, University of Edinburgh, School of Economics Discussion Paper 211, 2012

    5. Stability of Growth Models with Generalised Lag Structures, University of Edinburgh, School of Economics Discussion Paper 205, 2011

    6. Money and inflation in a nonlinear model (with L T Oxley), University of Edinburgh, Department of Economics Discussion Paper 160, 2008

    7. Two-Dimensional Product Differentiation Under Duopoly: An Application to Product and Service Reliability, University of Edinburgh, Department of Economics Discussion Paper 130, 2005

    8. Quality Management and Production, University of Edinburgh, Department of Economics Discussion Paper, 1994: VII

    9. Self-Management and Ideology, University of Edinburgh, Department of Economics Discussion Paper, 1994: VI

    10. The Price-Quality Relationship under Monopoly and Competition, University of Edinburgh, Department of Economics Discussion Paper, 1994:V

    11. Quality Control and Warranties, University of Edinburgh, Department of Economics Discussion Paper, 1993: IV

    12. Funding Self-Management, Queen's University Canada, Institute for Economic Research, Discussion Paper 840, 1992

    13. The Political economy of Wage Earner Funds: Policy Debate and Swedish Experience, Queen's University Canada, Institute for Economic Research, Discussion Paper 839, 1992

    14. The Economics of Self-Management: A Survey, University of Edinburgh, Department of Economics Discussion Paper, 1990: III

    15. The Scientific Content of the New Classical Orthodoxy (with L T Oxley), University of Edinburgh, Department of Economics Discussion Paper, 1989: XIV

    16. Self-Management, Anarchism and Democracy, University of Edinburgh, Department of Economics Discussion Paper, 1989: XI

    17. Fixed Money Growth Rules and the Rate of Inflation (with L T Oxley), University of Edinburgh, Department of Economics Discussion Paper, 1989: VI

    18. Linear Saddlepoint Dynamics "On Their Head": The Scientific Content of the New Orthodoxy in Macrodynamics (with L T Oxley), University of Edinburgh, Department of Economics Discussion Paper, 1989: IV

    19. De-Regulating Gas: the Consequences of the Oil and Gas (Enterprise) Act 1982 (with L T Oxley), University of Edinburgh, Department of Economics Discussion Paper, 1989: I

    20. Perfect Foresight, Nonlinearity and Hyperinflation (with L T Oxley), European University Institute Working Paper 87/283, 1987

    21. Wage-Earners' Investment Funds: Theory, Simulation and Policy, European University Institute Working Paper 86/225, 1986

    22. Industrial Democracy and Wage-Bargaining in Denmark, University of Edinburgh, Department of Economics Discussion Paper, 1985: XII

    23. Collective Capital Formation: Implications of the Scandinavian Debate: University of Edinburgh, Department of Economics Discussion Paper, 1985: V

    24. Dynamic Structure of Rational Expectations Models (with L T Oxley), University of Edinburgh, Department of Economics Discussion Paper, 1983: II

    25. Wage-Earners' Co-Ownership and the Accumulation of Capital, University of Edinburgh, Department of Economics Discussion Paper, 1981: II

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