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Financial Development And Economic Growth In Kentucky Counties, John D. Conley Jan 2012

Financial Development And Economic Growth In Kentucky Counties, John D. Conley

Theses and Dissertations--Agricultural Economics

There is a broad literature on the finance-growth nexus in the macroeconomics literature. Is there evidence for the finance-growth nexus at the sub-national region? If so, can macroeconomic finance and growth methods be extended to sub-national regions? Joseph Schumpeter argued that banks promote economic growth by choosing which projects to fund, by mobilizing underutilized capital, by managing risk and by monitoring managers.

This dissertation proposes a modified Martin and Ottaviano (2001) model that allows for borrowing to form new firms or to expand existing firms. The model shows that if borrowing across regional lines is costly, above and beyond the …


The Impacts Of Foot-And-Mouth Disease On International Pork Trade – An Extension Of Gravity Model, Shang-Ho Yang Jan 2012

The Impacts Of Foot-And-Mouth Disease On International Pork Trade – An Extension Of Gravity Model, Shang-Ho Yang

Theses and Dissertations--Agricultural Economics

Food safety scares affect consumption behavior, and food safety and animal health issues are increasingly impacting international agricultural trade. Foot-and-mouth disease (FMD) is a highly contagious viral-type disease, and has raised not only the concerns of animal health issue but also food safety issue. Over 58 countries in the world have experienced FMD outbreaks, and pork exports and imports among these countries are largely impacted. This dissertation focuses on how global pork trade is affected by FMD.

This dissertation consists of three parts: first, this study specifically focuses on the market of U.S. pork exports. Results show that disease-affected pork …


Water Quality Trading Markets For The Kentucky River Basin: A Point Source Profile, Ronald Childress Jr. Jan 2012

Water Quality Trading Markets For The Kentucky River Basin: A Point Source Profile, Ronald Childress Jr.

Theses and Dissertations--Agricultural Economics

This study assessed the feasibility and suitability of a Water Quality Trading (WQT) program within the Kentucky River Basin (KRB). The study’s focal point was based on five success factors of a WQT program: environmental suitability, geospatial orientation, participant availability, regulatory incentive, and economic incentive. The study utilized these five success factors, geographical characteristics, and Discharge Monitoring Reports (DMR) to assess the feasibility of a WQT program.

The assessment divided the KRB into five eight digit Hydrologic Unit Codes (HUC), North, Middle, and South Fork, Middle Basin, and Lower Basin, to determine regional impacts caused by the nutrient PSs. Individual …


An Examination Of Corporate Agribusiness Financial Performance: How Agribusinesses Perform Over Time And Under Various Conditions, Sierra J. Enlow Jan 2012

An Examination Of Corporate Agribusiness Financial Performance: How Agribusinesses Perform Over Time And Under Various Conditions, Sierra J. Enlow

Theses and Dissertations--Agricultural Economics

While several studies examine the managerial structure of privately owned agribusinesses, few studies take a comprehensive look at publically traded agribusiness firms. Our study examines the historical position of agribusiness compared to the market, and then studies the impact of the global economic and financial crisis. The objective of this study is to pinpoint effects of corporate financial management strategies, commonly researched in financial literature on agribusiness firms’ performance. Through utilizing a quantile regression we find that agribusiness position in times of financial crisis is directly related to firm performance. As we examine internal factors, several interesting impacts of managerial …