Thisbookisacollectionofeightpapersthatwerepublished in aspecial symposium issueofEmpirical Economicsdur- ing 1999. These papers cover several areasofinterest in contemporary public economics, including tax incidence, underground economy, welfare system, fiscal federalism, public infrastructure and the growth of government. The contributionsutilizeavarietyofquantitativetoolsofanaly- sis,includingappliedeconometrics,appliedgeneralequilib- rium modeling analysis, technical efficiency analysis and institutional analysis. The introductory essay in the book summarizes the contributionsofapplied public economics papers inthisbookandplacesthem inabroadercontextof modempublicfinanceeconomictheory.Theobjectiveofthe bookistomaketheseessaysavailableinaconvenientform toscholarsandstudentsengaged inresearchonpublic pol- icytopicsaswell astoinstructorsofcoursesinpubliceco- nomics, both undergraduate and graduate. A briefmotiva- tionforthebookisgivenbelow. Thestudyofpubliceconomicshasexperiencedanumber of dramatic changes during the past two decades. These changes have revolutionized, in a fundamental way, the subjectofpublic economics. This is due largely to several majordevelopments ineconomictheory,includingtheroles ofinformation theory and game theory along with its de- rivative theories, such as designofinstitutions as well as inter-temporal analysis. These economic theory develop- ments have altered in a fundamental way the way econo- mists and policy analysts perceive the roleofgovernment. Alsothesedevelopmentshavecalledintoquestiontheabil- ityofgovernmentstocarryoutsomeofitstraditionaltasks, particularly the efficient design of redistribution and tax systems. The theoretical research in public economics has contributedtothedevelopmentofnew instrumentsand ap- proaches to tackle problemsofeconomic policy in a more effectivemanner.Giventhattheevaluationofpolicyoptions requiresasoundunderstandingofboththenatureandmag- nitudeofeconomic,behaviouralandinstitutionalconstraints Preface VI thatarefaced bygovernments,there isaneedforempirical analysisofunderlyingpolicyquestionsandissues. Thiscollectionofessays on empirical finance indicates thatempiricalassessmentispossibleusingarichanddiverse setofempirical approaches. The various papers exemplify someofthevarioustechniquesthatcan beused byapplied researchersforsheddinglightonthequestionsofinterestin appliedpublicfinanceanditsapplications.

One of the most enduring questions in economics involves how a nation could accelerate the pace of its economic development. One of the most enduring answers to this question is to promote exports -either because doing so directly influences development via encouraging production of goods for export, or because export promotion permits accumulation of foreign exchange which permits importation of high-quality goods and services, which can in turn be used to expand the nation's production possibilities. In either case, growth is said to be export-led; the latter case is the so-called "two-gap" hypothesis (McKinnon, 1964; Findlay, 1973). The early work on export-led growth consisted of static cross-country com parisons (Michaely, 1977; Balassa, 1978; Tyler, 1981; Kormendi and Meguire, 1985). These studies generally concluded that there is strong evidence in favour of export-led growth because export growth and income growth are highly correlated. However, Kravis pointed out in 1970 that the question is an essen tially dynamic one: as he put it, are exports the handmaiden or the engine of growth? To make this determination one needs to look at time series to see whether or not exports are driving income. This approach has been taken in a number of papers (Jung and Marshall, 1985; Chow, 1987; Serletis, 1992; Kunst and Marin, 1989; Marin, 1992; Afxentiou and Serletis, 1991), designed to assess whether or not individual countries exhibit statistically significant evidence of export-led growth using Granger causality tests."

Originally published in 1981, this book considers one particular area of econometrics- the linear model- where significant recent advances have been made. It considers both single and multiequation models with varying co-efficients, explains the various theories and techniques connected with these and goes on to describe the various applications of the models. Whilst the detailed explanation of the models will interest primarily econometrics specialists, the implications of the advances outlined and the applications of the models will intrest a wide range of economists.

Originally published in 1981, this book considers one particular area of econometrics- the linear model- where significant recent advances have been made. It considers both single and multiequation models with varying co-efficients, explains the various theories and techniques connected with these and goes on to describe the various applications of the models. Whilst the detailed explanation of the models will interest primarily econometrics specialists, the implications of the advances outlined and the applications of the models will intrest a wide range of economists.

This book is a comprehensive overview of methods of characterizing the mechanical properties of engineering materials using specimen sizes in the micro-scale regime (0.3-5.0 mm). A range of issues associated with miniature specimen testing like correlation methodologies for data transferability between different specimen sizes, use of numerical simulation/analysis for data inversion, application to actual structures using scooped out samples or by in-situ testing, and more importantly developing a common code of practice are discussed and presented in a concise manner.

Sodium Fast Reactors with Closed Fuel Cycle delivers a detailed discussion of an important technology that is being harnessed for commercial energy production in many parts of the world. Presenting the state of the art of sodium-cooled fast reactors with closed fuel cycles, this book: Offers in-depth coverage of reactor physics, materials, design, safety analysis, validations, engineering, construction, and commissioning aspects Features a special chapter on allied sciences to highlight advanced reactor core materials, specialized manufacturing technologies, chemical sensors, in-service inspection, and simulators Addresses design essentials with a focus on reactor assembly including core and coolant circuits, fuel handling, instrumentation and control, energy conversion, and containment systems Provides design codes and standards with sufficient background information to ensure a solid understanding of the underlying mechanics Supplies guidelines for concept selection, design, analysis, and validation Sodium Fast Reactors with Closed Fuel Cycle is a valuable reference for industry professionals involved in the construction of fast-reactor power plants, as well as graduate-level engineering students of the design and development of sodium-cooled fast-reactor systems and components.

Originally published in 1981, this book considers one particular area of econometrics- the linear model- where significant recent advances have been made. It considers both single and multiequation models with varying co-efficients, explains the various theories and techniques connected with these and goes on to describe the various applications of the models. Whilst the detailed explanation of the models will interest primarily econometrics specialists, the implications of the advances outlined and the applications of the models will intrest a wide range of economists.

A common critique of globalization is that it causes economic segmentation and even disintegration of the national economy. Quite to the contrary, Baldev Raj Nayar provides a thorough empirical treatment of India's political economy that challenges this critique by demonstrating that, on balance, both state and market have functioned to attenuate such a disintegrative impact and to accentuate economic integration. The active role of the Indian state in the areas of economic planning, fiscal federalism, and tax reform has resulted in improved economic integration and not increased segmentation. Similarly, his investigation of trade, investment, entrepreneurship, and migration suggests tendencies inherent in the market in favor of economic integration, especially when assisted by the state. Nayar's findings lead to the conclusion that, while globalization both offers benefits such as higher economic growth and involves costs like external shocks, India's overall experience since its economic opening in 1991 reveals that India has benefited from globalization rather than having been victimized by it.

"Globalization and India's Economic Integration" shows how globalization's pressures favoring efficiency paradoxically induced the state to push for consolidation on a pan-Indian scale in the area of fiscal federalism and to advance the cause of the common market through reforming the indirect tax system; meanwhile, the state has pressed forward with social inclusiveness as never before in its economic planning. For another, the market, too, has been instrumental, because of its widened scope and its inherently expanding character, in strengthening economic integration through trade expansion, diffusion of industry, and increased inter-state migration. Nayar's groundbreaking work will interest students, scholars, and specialists of India, South Asia, globalization, and political economy.

This book is meant to serve as a textbook for beginners in the field of nanoscience and nanotechnology. It can also be used as additional reading in this multifaceted area. It covers the entire spectrum of nanoscience and technology: introduction, terminology, historical perspectives of this domain of science, unique and widely differing properties, advances in the various synthesis, consolidation and characterization techniques, applications of nanoscience and technology and emerging materials and technologies.

Presented are new methods and new empirical studies on the subject of income inequality and poverty. The purpose of the book is to explore new ways to analyze recent trends in income inequality and poverty, both from the perspective of quantifying poverty and inequality and quantifyig the impact of various factors on the trends in inequality and poverty. The novelty lies in the diversity of empirical approaches used and customers will benefit from learning about different methods.

Thisbookisacollectionofeightpapersthatwerepublished in aspecial symposium issueofEmpirical Economicsdur- ing 1999. These papers cover several areasofinterest in contemporary public economics, including tax incidence, underground economy, welfare system, fiscal federalism, public infrastructure and the growth of government. The contributionsutilizeavarietyofquantitativetoolsofanaly- sis,includingappliedeconometrics,appliedgeneralequilib- rium modeling analysis, technical efficiency analysis and institutional analysis. The introductory essay in the book summarizes the contributionsofapplied public economics papers inthisbookandplacesthem inabroadercontextof modempublicfinanceeconomictheory.Theobjectiveofthe bookistomaketheseessaysavailableinaconvenientform toscholarsandstudentsengaged inresearchonpublic pol- icytopicsaswell astoinstructorsofcoursesinpubliceco- nomics, both undergraduate and graduate. A briefmotiva- tionforthebookisgivenbelow. Thestudyofpubliceconomicshasexperiencedanumber of dramatic changes during the past two decades. These changes have revolutionized, in a fundamental way, the subjectofpublic economics. This is due largely to several majordevelopments ineconomictheory,includingtheroles ofinformation theory and game theory along with its de- rivative theories, such as designofinstitutions as well as inter-temporal analysis. These economic theory develop- ments have altered in a fundamental way the way econo- mists and policy analysts perceive the roleofgovernment. Alsothesedevelopmentshavecalledintoquestiontheabil- ityofgovernmentstocarryoutsomeofitstraditionaltasks, particularly the efficient design of redistribution and tax systems. The theoretical research in public economics has contributedtothedevelopmentofnew instrumentsand ap- proaches to tackle problemsofeconomic policy in a more effectivemanner.Giventhattheevaluationofpolicyoptions requiresasoundunderstandingofboththenatureandmag- nitudeofeconomic,behaviouralandinstitutionalconstraints Preface VI thatarefaced bygovernments,there isaneedforempirical analysisofunderlyingpolicyquestionsandissues. Thiscollectionofessays on empirical finance indicates thatempiricalassessmentispossibleusingarichanddiverse setofempirical approaches. The various papers exemplify someofthevarioustechniquesthatcan beused byapplied researchersforsheddinglightonthequestionsofinterestin appliedpublicfinanceanditsapplications.

A number of advances have taken place in panel data analysis during the pastthree decades and it continues to be one of the most active areas of research. This volume contains 13 significant contributions focusing on modelling strategies, data issues, theoretical analysis and applications. Applied econometrics papers on the economics of labor, health, telecommunications, finance and macroeconomics are provided as well as a survey of recent theoretical developments in panal data analysis. Contributors include both well known scholars and younger researchers from Australia, Canada, Europe and the United States of America.

This book contains eleven articles which provide empirical applications as well as theoretical extensions of some of the most exciting recent developments in time-series econometrics. The papers are grouped around three broad themes: (I) the modeling of multivariate times series; (II) the analysis of structural change; (III) seasonality and fractional integration. Since these themes are closely inter-related, several other topics covered are also worth stressing: vector autoregressive (VAR) models, cointegration and error-correction models, nonparametric methods in time series, and fractionally integrated models. Researchers and students interested in macroeconomic and empirical finance will find in this collection a remarkably representative sample of recent work in this area.

It is about fifteen years since we started hearing about Computational Ma terials Science and Materials Modelling and Design. Fifteen years is a long time and all of us realise that the use of computational methods in the design of materials has not been rapid enough. We also know the reasons for this. Mate rials properties are not dependent on a single phenomenon. The properties of materials cover a wide range from electronic, thermal, mechanical to chemical and electro-chemical. Each of these class of properties depend on specific phe nomenon that takes place at different scales or levels of length from sub atomic to visible length levels. The energies controlling the phenomena also varies widely from a fraction of an electron volt to many joules. The complexity of materials are such that while models and methods for treating individual phenomenon have been perfected, incorporating them into a single programme taking into account the synergism is a formidable task. Two specific areas where the progress has been very rapid and substantive are prediction of phase stability and phase diagrams and embrittlement of steels by metalloids. The first three sections of the book contain papers which review the theoreti cal principles underlying materials modeling and simulations and show how they can be applied to the problems just mentioned. There is now a strong interest in designing new materials starting from nanoparticles and clusters."

One of the most enduring questions in economics involves how a nation could accelerate the pace of its economic development. One of the most enduring answers to this question is to promote exports -either because doing so directly influences development via encouraging production of goods for export, or because export promotion permits accumulation of foreign exchange which permits importation of high-quality goods and services, which can in turn be used to expand the nation's production possibilities. In either case, growth is said to be export-led; the latter case is the so-called "two-gap" hypothesis (McKinnon, 1964; Findlay, 1973). The early work on export-led growth consisted of static cross-country com parisons (Michaely, 1977; Balassa, 1978; Tyler, 1981; Kormendi and Meguire, 1985). These studies generally concluded that there is strong evidence in favour of export-led growth because export growth and income growth are highly correlated. However, Kravis pointed out in 1970 that the question is an essen tially dynamic one: as he put it, are exports the handmaiden or the engine of growth? To make this determination one needs to look at time series to see whether or not exports are driving income. This approach has been taken in a number of papers (Jung and Marshall, 1985; Chow, 1987; Serletis, 1992; Kunst and Marin, 1989; Marin, 1992; Afxentiou and Serletis, 1991), designed to assess whether or not individual countries exhibit statistically significant evidence of export-led growth using Granger causality tests."

Two highly regarded scholars come together to examine Indiaas relationship with the worldas major powers and its own search for a significant role in the international system. Central to the argument is Indiaas belief that the acquisition of an independent nuclear capability is key to obtaining such status. The book details the major constraints at the international, domestic and perceptual levels that India has faced in this endeavor. It concludes, through a detailed comparison of Indiaas power capabilities, that India is indeed a rising power, but that significant systemic and domestic changes will be necessary before it can achieve its goal. The book examines the prospects and implications of Indiaas integration into the major-power system in the twenty-first century. Given recent developments, the book is extremely timely. Its incisive analysis will be illuminating for students, policy makers, and for anyone wishing to understand the region in greater depth.

Two highly regarded scholars come together to examine Indiaas relationship with the worldas major powers and its own search for a significant role in the international system. Central to the argument is Indiaas belief that the acquisition of an independent nuclear capability is key to obtaining such status. The book details the major constraints at the international, domestic and perceptual levels that India has faced in this endeavor. It concludes, through a detailed comparison of Indiaas power capabilities, that India is indeed a rising power, but that significant systemic and domestic changes will be necessary before it can achieve its goal. The book examines the prospects and implications of Indiaas integration into the major-power system in the twenty-first century. Given recent developments, the book is extremely timely. Its incisive analysis will be illuminating for students, policy makers, and for anyone wishing to understand the region in greater depth.

This full-scale study of Punjabi politics since Indian Independence in 1947 considers the major political problem confronting virtually every new nation: how to create a functioning political system in the face of divisive internal threats. Originally published in 1966. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

This book is a collection of state-of-the-art papers on the properties of business cycles and financial analysis. The individual contributions cover new advances in Markov-switching models with applications to business cycle research and finance. The introduction surveys the existing methods and new results of the last decade. Individual chapters study features of the U. S. and European business cycles with particular focus on the role of monetary policy, oil shocks and co movements among key variables. The short-run versus long-run consequences of an economic recession are also discussed. Another area that is featured is an extensive analysis of currency crises and the possibility of bubbles or fads in stock prices. A concluding chapter offers useful new results on testing for this kind of regime-switching behaviour. Overall, the book provides a state-of-the-art over view of new directions in methods and results for estimation and inference based on the use of Markov-switching time-series analysis. A special feature of the book is that it includes an illustration of a wide range of applications based on a common methodology. It is expected that the theme of the book will be of particular interest to the macroeconomics readers as well as econometrics professionals, scholars and graduate students. We wish to express our gratitude to the authors for their strong contributions and the reviewers for their assistance and careful attention to detail in their reports."

This full-scale study of Punjabi politics since Indian Independence in 1947 considers the major political problem confronting virtually every new nation: how to create a functioning political system in the face of divisive internal threats. Originally published in 1966. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

This book is meant to serve as a textbook for beginners in the field of nanoscience and nanotechnology. It can also be used as additional reading in this multifaceted area. It covers the entire spectrum of nanoscience and technology: introduction, terminology, historical perspectives of this domain of science, unique and widely differing properties, advances in the various synthesis, consolidation and characterization techniques, applications of nanoscience and technology and emerging materials and technologies.

Sodium Fast Reactors with Closed Fuel Cycle delivers a detailed discussion of an important technology that is being harnessed for commercial energy production in many parts of the world. Presenting the state of the art of sodium-cooled fast reactors with closed fuel cycles, this book: Offers in-depth coverage of reactor physics, materials, design, safety analysis, validations, engineering, construction, and commissioning aspects Features a special chapter on allied sciences to highlight advanced reactor core materials, specialized manufacturing technologies, chemical sensors, in-service inspection, and simulators Addresses design essentials with a focus on reactor assembly including core and coolant circuits, fuel handling, instrumentation and control, energy conversion, and containment systems Provides design codes and standards with sufficient background information to ensure a solid understanding of the underlying mechanics Supplies guidelines for concept selection, design, analysis, and validation Sodium Fast Reactors with Closed Fuel Cycle is a valuable reference for industry professionals involved in the construction of fast-reactor power plants, as well as graduate-level engineering students of the design and development of sodium-cooled fast-reactor systems and components.

The demands on materials to perform under complex service conditions has necessitated rapid advances in the design and development of materials and associated technologies. Development of new concepts starting at the electronic structure of materials and their modeling require application of advanced computer tools and software. There has been significant progress, not only in the development of advanced materials, but also in understanding their constitution and behavior with the help of modeling. This book presents a comprehensive view of the latest developments and experimental work on both these fronts and attempts to give direction to future work.

The information contained in this book deals with topics such as materials challenges in the nuclear power sector, materials science approaches in biology and medicine, Fe-and Co-based bulky glass alloys for magnetic applications, smart composites, multilayer semiconductor devices, atomic structure and interfaces, design of light alloys, superalloys, novel materials with optimized design at atomic scale, design tools for nano-and micro scale metallic materials, component design and industrial ecology, microstructural development of advanced ferritic steels, diamond/carbide nanocomposite gradient films, magnetic nanofluids, stability issues in nanostructured materials, the design of materials for enhanced tribological performance, solid oxide fuel cells, metal foams and high performance steels through nano-structures.

This collection of conference papers on non-destructive testing covers such topics as: electromagnetic method; NDE in nuclear industry; non-destructive evaluation of composites; NDE for medical applications; microwave non-destructive evaluation; and imaging for NDE applications.

This book is a comprehensive overview of methods of characterizing the mechanical properties of engineering materials using specimen sizes in the micro-scale regime (0.3-5.0 mm). A range of issues associated with miniature specimen testing like correlation methodologies for data transferability between different specimen sizes, use of numerical simulation/analysis for data inversion, application to actual structures using scooped out samples or by in-situ testing, and more importantly developing a common code of practice are discussed and presented in a concise manner.