Footnotes

This page consists of footnotes to Externalities:Implications for allocative efficiency and suggested solutions
  1. D McTaggart, C Findlay & M Parkin, Economics , Addison Wesley Publishers Ltd, Sydney, 1992, p. 467.
  2. M Katz & H Rosen, Microeconomics (2nd ed.), Irwin Inc., Sydney, 1991, p. 611.
  3. R Leftwich & R Eckert, The Price System and Resource Allocation (9th ed), The Dryden Press, Sydney, 1985, p 594.
  4. ibid , p 596.
  5. It should be recognised that damming of rivers may also generate negative externalities in terms of damage to the natural environment. However this should not undermine its usefulness as an example of positive externalities in production.
  6. Katz & Rosen, op cit , p.618.
  7. I.. Wills, Schools Brief : Environmental Problems, Policy, vol. 11 num. 4, 1995-96, p. 59.
  8. ibid , p 617.
  9. Katz & Rosen, op cit , p.624.
  10. McTaggart , Findlay & Parkin , op cit , p. 468.
  11. Katz & Rosen , op cit , p. 626.
  12. G. Currie , K. Jackson & S. Jacob , STUDYMATE : HSC 3 Unit Economics, McGraw-Hill , Sydney , 1992, p. 11.