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Economics

1991

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Articles 361 - 376 of 376

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Technological Development In Mississauga And Canada's Technology Triangle: A Calibrated Application Of The Product Life Cycle, J. Colin Wright Jan 1991

Technological Development In Mississauga And Canada's Technology Triangle: A Calibrated Application Of The Product Life Cycle, J. Colin Wright

Theses and Dissertations (Comprehensive)

No abstract provided.


Determinants And Incidence Of Illinois Lotto Sales, Thomas Edward Milowski Jan 1991

Determinants And Incidence Of Illinois Lotto Sales, Thomas Edward Milowski

Masters Theses

No abstract provided.


False Hopes: The United States Senate And Campaign Finance Reform 1980-1990, James Heimbach Jan 1991

False Hopes: The United States Senate And Campaign Finance Reform 1980-1990, James Heimbach

Honors Theses

The cost of winning a seat in the United States Senate has risen dramatically over the last ten years. It has become the norm rather than the exception to spend over $1 million on a campaign. For example, in the 34 Senate races in the 1988 election, 32 campaigns spent over $1 million. Due to the necessity to raise more and more money, candidates have had to turn to alternative sources of campaign funds. Thus, the rise in campaign costs has been accompanied by a rise in the role of the political action committee (PAC). PACs are special interest groups …


Carrying A Big Carrot: Linking Multilateral Disarmament And Development Assistance, David A. Koplow, Philip G. Schrag Jan 1991

Carrying A Big Carrot: Linking Multilateral Disarmament And Development Assistance, David A. Koplow, Philip G. Schrag

Georgetown Law Faculty Publications and Other Works

This article proposes, as a new element of the "liberal internationalism" that should characterize the post-Cold War world, a simultaneous solution to these three problems. The nations of the world should negotiate a series of multilateral agreements to stop the spread of advanced weaponry, and include in each of them, as an overt incentive for developing states to accept the disarmament and verification obligations, provisions that explicitly require the affluent, developed states to make specified monetary and in-kind transfers to the third world parties. The new regime should also provide stronger-than-customary treaty procedures for clarifying ambiguities, adjudicating claims, and resolving …


Information Technology And Wealth: Cybernetics, History And Economics, Elin Whitney-Smith Jan 1991

Information Technology And Wealth: Cybernetics, History And Economics, Elin Whitney-Smith

Engineering Management & Systems Engineering Theses & Dissertations

Capitalism developed where and when it did because there was high information access. There was high information access because of a major advance in information technology--the press. Where the technology was not controlled by the "powers that be" there was economic growth and a shift in the entire social structure. Where it was controlled there was no structural change and there was economic ruin. The development of capitalism is a major step change in economic growth. It is also a major change in the way people organize themselves into groups.

Major step changes in the growth and in the organization …


The Business Cycle: Growth And Crisis In Capitalism, Howard Sherman Dec 1990

The Business Cycle: Growth And Crisis In Capitalism, Howard Sherman

HOWARD J SHERMAN

Are the recurring recessions of the capitalist world merely short-term adjustments to changing economic circumstances in a system that tends, in general, toward equilibrium? In this accessible study of the business cycle, Howard Sherman makes a powerful case that recessions and painful involuntary unemployment are endogenous to capitalism. Drawing especially on the work of Wesley Clair Mitchell, Karl Marx, and John M. Keynes, Sherman explains why the nature of the business cycle produces serious economic loss and misery during its contraction phase, just as it produces growth in its expansion phase.


Who Benefits From State And Local Economic Development Policies?, Timothy Bartik Dec 1990

Who Benefits From State And Local Economic Development Policies?, Timothy Bartik

Timothy J. Bartik

Bartik reviews evidence on whether state and local policies affect job growth. He then presents empirical data supporting the intentions of such programs, showing that job growth may lead to a number of positive long-term effects including: lower unemployment, higher labor force participation, higher real estate values, and better occupational opportunities. He also shows that the earnings gains to disadvantaged groups outweigh the resulting increased real estate values for property owners, and concludes by saying that regional competition for jobs may actually be a benefit for the nation as a whole.


Indirect Taxation And Trade Liberalization: An Application To India, William Rieber Dec 1990

Indirect Taxation And Trade Liberalization: An Application To India, William Rieber

William Rieber

Note: full-text not available due to publisher restrictions. Link takes you to an external site where you can acquire this article from a local library.


The Effect Of The Financial Aid Package On The Choice Of A Selective College, A. Studenmund, Thomas Slobko, Robert Moore Dec 1990

The Effect Of The Financial Aid Package On The Choice Of A Selective College, A. Studenmund, Thomas Slobko, Robert Moore

A. H. Studenmund

This paper examines the effects of financial aid on the decision to attend a selective liberal arts college using data obtained from applicants accepted to Occidental College in 1989. Patterned after a similar empirical investigation by Ehrenberg and Sherman for accepted freshmen at Cornell in 1981, logit probabilities of enrollment equations are estimated based on (1) observable characteristics of the individual students, (2) the net costs of attending Occidental and the various alternative colleges under consideration (including the financial aid packages offered) and (3) other characteristics of these alternative colleges. The results, like Ehrenberg and Sherman's, indicate that relative tuition …


Marketing Margins, Market Power, And Price Uncertainty, John Schroeter, Azzeddine Azzam Dec 1990

Marketing Margins, Market Power, And Price Uncertainty, John Schroeter, Azzeddine Azzam

Azzeddine Azzam

This paper provides a conceptual and empirical framework for analyzing marketing margins in a noncompetitive food-processing industry facing output price uncertainty. The framework allows for the decomposition of observed margins into components reflecting the marginal cost of the processing industry, oligopoly/oligopsony price distortions, and an output price risk component. The empirical procedure is applied to a time series of spreads between wholesale pork prices and farm prices of market hogs. The principal finding is that, while farm/wholesale margins are more consistent with competitive performance now than they were fifteen years ago, the output price risk component persisted throughout the sample …


Trade Liberalization In Asian Newly Industrialized Countries, William Rieber, Iyanatual Islam Dec 1990

Trade Liberalization In Asian Newly Industrialized Countries, William Rieber, Iyanatual Islam

William Rieber

Singapore, South Korea, and Taiwan are often perceived as having achieved similar trade patterns; nevertheless, their trade policies and patterns differ in fundamental respects. In this study, three models are considered and different aspects of the trade liberalization policies of these three countries are highlighted. The model of South Korea underscores the significance of product market concentration in restraining real wage growth and contributing to income inequality. The model of Singapore highlights the role of foreign investment in producing manufactured goods for export and in raising real wages. The factor proportions model of a labor-abundant economy adequately describes the Taiwanese …


"The Nation As An Economic Unit:" Keynes, Roosevelt, And The Managerial Ideal, Richard Adelstein Dec 1990

"The Nation As An Economic Unit:" Keynes, Roosevelt, And The Managerial Ideal, Richard Adelstein

Richard Adelstein

The First New Deal as central economic planning, and the lost opportunity to reconstruct the federal government toward peaceful Keynesianism.


Racial Differences In Adult Labor Force Transition Trends, Michael C. Seeborg, Mark Israel Dec 1990

Racial Differences In Adult Labor Force Transition Trends, Michael C. Seeborg, Mark Israel

Michael Seeborg

No abstract provided.


Deciding For Bigness, Richard Adelstein Dec 1990

Deciding For Bigness, Richard Adelstein

Richard Adelstein

Antitrust as a constitutional constraint on the growth of firms.


Using Auction Theory To Inform Takeover Regulation, Peter Cramton, Alan Schwartz Dec 1990

Using Auction Theory To Inform Takeover Regulation, Peter Cramton, Alan Schwartz

Peter Cramton

This paper focuses on certain mechanisms that govern the sale of corporate assets. Under Delaware law, when a potential acquirer makes a serious bid for a target, the target’s Board of Directors is required to act as would "auctioneers charged with getting the best price for the stock-holders at a sale of the company.’’ The Delaware courts’ preference for auctions follows from two premises. First, a firm’s managers should maximize the value of their shareholders’ investment in the company. Second, auctions maximize shareholder returns. The two premises together imply that a target’s board should conduct an auction when at least …


Efficient Spatial Allocation Of Irrigation Water, Ujjayant N. Chakravorty, James Roumasset Dec 1990

Efficient Spatial Allocation Of Irrigation Water, Ujjayant N. Chakravorty, James Roumasset

Ujjayant Chakravorty

In the presence of conveyance losses, the efficient quantity of water applied falls with distance from the water source, but the amount of water "sent" (including conveyance losses) actually increases with distance from the source, except toward the tail end of the irrigation system. This implies that if marginal cost pricing were implemented, farmers at the middle and lower reaches of the system would have to pay more money for less water received. The model is illustrated and alternative financing schemes compared for an empirically derived demand function for irrigation water.