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Publication

Book Review: Basing Point Pricing and Regional Development

Bowman, Ward
Abstract
In a study undertaken to assess the effect of basing-point pricing on the economic growth of the South, Professor Stocking has limited himself to a single industry–steel–in which basing-point pricing practice is analyzed as a part of the structure and ownership pattern in that industry. Professor Stocking concludes that both the ownership pattern and the basing-point pricing system have retarded the expansion of steel production in the South.