Other Recent Papers

• "Real options: delay or pre-emption? Do industrial characteristics matter?", International Journal of Industrial Organisation, Forthcoming, doi: 10.1016/j.ijindorg.2007.03.003, (with C. Driver and G. Urga).
• “Contrasts between classes of assets in fixed investment equations as a way of testing real option theory”Journal of Business and Economic Statistics, October 2006, (with C. Driver and G. Urga).
• “Identifying Externalities in UK Manufacturing Using Direct Estimation of an Average Cost Function,” Economics Letters, 92(3) August 2006, pp 228-233, (with C. Driver and G. Urga).
• “Profitabilty, Capacity, and Uncertainty: a robust model of UK manufacturing investment,” Oxford Economic Papers, 57 (1), pp 120-141 Jan 2005, (with C. Driver, G.Urga).
• “The Effect of Uncertainty on UK Investment Authorisations: Pooled Versus Heterogeneous Estimators”, Empirical Economics, 29 (1), 2004 pp 115-128, (with C. Driver, K. Imai and G. Urga).
• “Tourism specialisation and the Lucas model of economic growth” Tourism Management, 24, 2003, pp. 315-321, (with A. Lanza, G. Urga).
• “Infra-technology and Economic Performance: evidence from the United Kingdom measurement infrastructure”, Information Economics and Policy Volume 14, Issue 4, December 2002, pp 435-520, (with G.Williams).
• "The influence of uncertainty on investment in the UK: a macro or micro phenomenon?", Scottish Journal of Political Economy, 48 (4), pp 361-382, September 2001, (with G. Urga, C. Driver).
• "Entry, Exit, and the Role of the Small Firm in China’s Industrial Transformation" in H. Katrak, R. Strange (eds): Small-scale Enterprise in Developing and Transitional Economies, London: Macmillan (published 2001), (with Q, G, Yang).