Digital Commons Network^™

Malaysian Development Planning, David Lim

Prof. David Lim

Development planning has been described as "a deliberate governmental attempt to coordinate economic decision-making over the long-run and to influence, direct and, in some cases, even control the level and growth of a nation's principal economic variables (income, comsumption, employment, investment, saving, exports, imports, etc.) in order to achieve a pre-determined set of development objectives." One set of reasons for planning centres round the operation of the market system. Thus, market prices are often distorted and can result in a misallocation of scarce resources. Another set revolves round the need to have a rallying point for local and foreign interests …

On The Measurement Of Capital Utilisation In Less Developed Countries, David Lim

Prof. David Lim

The shortage of physical capital is often seen as the crucial constraint to growth in less developed countries (LDCs). Thus many development plans are based on the aggregate Harrod-Domar model where the growth of the economy is seen to depand only on the availability and the productivity of capital. A corollary of such a capital-centred approach to development is that the capital plant and machinery installed are utilized to the full. However, recent studies claim that capital under-utilization exists on a massive scale in manufacturing in LDCs and raise the possibility of a parabox in capital usage in capital-scarce LDCs. …

The Garnaut Report: An Overview, David Lim

Prof. David Lim

The Gaunaut Report analyses the process of economic change in Northeast Asia and assesses the implication of this on Australia. It is an important report because of what it says, when it is said, and how it is said. Its findings are neither new nor surprising for those who have been studying Northeast Asian economic development and Australia-Asia relations. But they are nevertheless important findings and presented as they are now and in a report to the Prime Minister and the Minister for Foreign Affairs and Trade by someone who was the former's trusted chief economic adviser and the latter's …

Explaining The Growth Performances Of Asian Developing Economies, David Lim

Prof. David Lim

No matter how it is measured, the growth performance of the newly industrializing economies (NIEs) stands out. That of the Southeast Asian group, with the exception of the Philippines, and that of China is also impressive. The South Asian countries have done much less well, with countries in sub-Saharan Africa, the Caribbean, and Latin America even further behind...

Export Instability And Economic Development : The Example Of West Malaysia, David Lim

Prof. David Lim

No abstract provided.

Actual, Desired And Full Levels Of Capital Utilisation In Malaysian Manufacturing, David Lim

Prof. David Lim

This paper shows that capital utilisation in West Malaysian manufacturing, though higher than that in other less developed countries, still leaves capital plant idle for a considerable proportion of the total available time. These findings, based on a modified McGraw‐Hill measure and on the Winston time‐measure of capital utilisation, therefore calls into question the wisdom of an industrial investment incentive programme which aims primarily at maximising the volume of capital expenditure, and which pays no attention at all to the level of utilisation of the existing stock of capital.

Europe 1992: Economic Implications For Asia, David Lim

Prof. David Lim

The European Economic Community (EEC) was formed in 1957 with the signing of the Treaty of Rome. This brought together six countries (Belgium, France, West Germany, Italy, Luxemberg and the Netherlands) which were involved in the conflict of the Second World War. The Impetus for the establishment of the EEC was political but the economic gains from the operation of the scheme, popularly known as the Common Market, were so significant that eventually the original membership of six was doubled to include Denmark, Greece, Ireland, Portugal, Spain and the United Kingdom. The so-called Europe 1992 Project aims to bring about …

Export Instability, Investment And Economic Growth In Developing Countries, David Lim

Prof. David Lim

Export instability is often seen to be detrimental to the economic growth of those developing countries which have a large export sector and which depend on a few primary products for this export. One of the arguments against export instability is that it produces instability in government revenue which leads to instability in government expenditure. This instability in government expenditure is then seen to affect economic growth adversely in two ways...

Another Look At Growth And Defense In Less Developed Countries, David Lim

Prof. David Lim

Using an estimating equation that was devised systematically within an explicit conceptual framework, it shows that defence spending was detrimental to economic growth. Finds regional differences in that the adverse effects were marked in Africa and the Western hemisphere, but absent in Asia, the Middle East, and Southern Europe.

Export Instability And Economic Growth: A Return To Fundamentals, David Lim

Prof. David Lim

No abstract provided.

Aging America, Thomas L. Shaffer

Thomas L. Shaffer

Professor Sarah Harper's assessment of the legal, political,

medical, and economic issues associated with old age in the

United States heralded the theme for this Symposium, "Aging

America." Her analysis turns, as she puts it, on "a fundamental

shift in the demographic structure of society. No longer will it be

the norm to have large numbers of young and small numbers of

old,"1 as it was when I was a boy (age 11 on V.J. Day, 1945).

"Rather, we are entering a world where age groups will be distributed

more or less equally across society-an age-symmetric society."

2 Soon, America …

What Does The Minimum Wage Have To Do With Reproductive Rights?, Terry O'Neill

Terry O'Neill

No abstract provided.

En_Final_ Diagnostic Report On Undeclared Work In Greece.Pdf, Colin C. Williams

Colin C Williams

Result Inequality In Family Law, Margaret F. Brinig

Margaret F Brinig

To the extent that family law is governed by statute, all families are treated as though they are the same. This is of course consistent with the equal protection guarantees of the U.S. Constitution as well as those of the states. However, in our pluralistic society, all families are not alike. At birth, some children are born to wealthy, married parents who will always put the children’s interests first and will never engage in domestic violence. Many laws benefit these children, while, according to some academics, they either further disadvantage other children or at best ignore their needs. This Article …

Merger Simulation: A Simplified Approach With New Applications, Roy J. Epstein, Daniel L. Rubinfeld

Daniel L. Rubinfeld

Merger simulation is growing in importance as a tool to evaluate the unilateral competitive effects of mergers. This paper offers a relatively non-technical description of the principles of merger simulation. In addition, it introduces PCAIDS, a new and highly flexible "calibrated-demand" merger simulation methodology that is based on a simplified version of AIDS. PCAIDS can be implemented using market shares and two price elasticities; scanner or transaction-level data are not required. The paper offers some applications of merger simulation with PCAIDS that include comparisons with other simulation models. It also shows how PCAIDS can be applied to the analysis of …

Antitrust Enforcement In Dynamic Network Industries, Daniel L. Rubinfeld

Daniel L. Rubinfeld

No abstract provided.

Nuisance Protection Law Unconstitutional, Neil E. Harl, Charles F. Curtiss

Neil E. Harl

In late September, the Iowa Supreme Court declared unanimously that an Iowa statute providing protection against nuisance suits for agricultural operations is "flagrantly" unconstitutional. The lawsuit involved the Iowa agricultural areas statute that allows counties to designate agricultural areas of at least 300 contiguous acres. Farming operations conducted within such a designated area are not subject to nuisance lawsuits if they are operated properly.

Research Into The Financing Of Technical And Vocational Education And Training (Tvet) In The Pacific : Solomon Islands : Country Report, Andrea Bateman, Elizabeth Cassity, Judy Fangalasuu

Dr Elizabeth Cassity

This report provides a detailed analysis of the financing of Technical and Vocational Education and Training (TVET) in Solomon Islands. The report forms part of the study Research into the Financing of TVET in the Pacific initiated through Australia’s aid program in 2012. The study aims to produce, in conjunction with host country governments and TVET stakeholders, a comprehensive empirical analysis of the systems for financing TVET in seven Pacific countries (Fiji, Kiribati, Papua New Guinea, Samoa, Solomon Islands, Tonga and Vanuatu), identify key financing issues, and identify directions through which future financing for TVET could be made more efficient …

Delayed Planting, Prevented Planting And Replanting Crop Insurance Coverage, Steven D. Johnson, William M. Edwards

William Edwards

The frequent rains that have soaked Iowa this year have left many corn and soybean fields unplanted or with flooded areas. Many producers are wondering what options they have under their multiple peril crop insurance (MPCI) policies. In Iowa, the crop insurance “late planting period” for corn begins on June 1. Corn can still be planted after this date, but the insurance guarantee on those acres is reduced by 1 percent per day until the acres are planted. Corn acres planted after June 25 will receive insurance coverage equal to 60 percent of their original guarantee. Producers should keep accurate …

Late Harvest And Crop Insurance Coverage, William M. Edwards

William Edwards

Iowa and other Corn Belt states are experiencing one of the latest and slowest harvest seasons on record. Some producers have had concerns about whether their crop insurance coverage will be still be in effect if harvesting drags into December.

Producer Machinery And Labor Sharing Arrangements Workshops, Roger Ginder, William M. Edwards, Georgeanne M. Artz, Darren H. Jarboe

William Edwards

Four case studies were developed for Iowa farm operations that have successfully used machinery and labor sharing arrangements for intergenerational transfer of farm assets. Results were shared at workshops and through publication of a resource manual.

Marketing Year Prices Cancel Acre Payments In Iowa, Chad Hart, William M. Edwards

William Edwards

Following the completion of the 2009/10 marketing year, the U.S. Department of Agriculture (USDA) released its final monthly price estimates for corn and soybeans. Over the September through August marketing year the national average price for corn was $3.55 per bushel. This is $.51 less than the average price during the 2008/09 marketing year of $4.06 per bushel. For soybeans, the 2009/10 national average price was $9.60 per bushel, which is $.37 lower than the previous year’s average price of $9.97 per bushel.

Isu Extension Offers Information About New Farm Bill Programs, William M. Edwards

William Edwards

The Food, Conservation and Energy Act of 2008 contains a wide variety of legislation affecting everything from school lunches to milk checks. Some of the most immediate provisions that farmers must address are:
• New limitations on commodity payments,
• Average Crop Revenue Election (ACRE),
• Supplemental Revenue Assistance (SURE) program.

Crop Insurance May Help Flooded And Wet Corn And Soybean Acres, William M. Edwards

William Edwards

Wet weather has delayed planting of corn and soybeans across the state, and flooding has severely damaged many acres that have been planted. Fortunately, nearly 90 percent of the corn and soybean acres in Iowa are covered by multiple peril crop insurance (MPCI), which can provide some relief.

Isu Extension Offers Information About New Farm Bill Programs, William M. Edwards

William Edwards

The Food, Conservation and Energy Act of 2008 contains a wide variety of legislation affecting everything from school lunches to milk checks. Some of the most immediate provisions that farmers must address are: • New limitations on commodity payments,• Average Crop Revenue Election (ACRE), • Supplemental Revenue Assistance (SURE) program.

Ag Energy: Risk Management, Energy, And Grain Issues, William M. Edwards

William Edwards

Nearly everyone has been impacted by higher fuel prices this year. Custom corn and soybean harvesters are no exception. Their increased costs will likely be factored into custom harvesting rates this fall. Estimates of diesel fuel consumption of combining corn range from 1.5 to 2.0 gallons per acre. Soybean harvesting takes only about 1.0 to 1.5 gallons per acre. Larger, newer combines will typically use less fuel per acre.

Crop Insurance May Help Flooded And Wet Corn And Soybean Acres, William M. Edwards

William Edwards

Wet weather has delayed planting of corn and soybeans across the state, and flooding has severely damaged many acres that have been planted. Fortunately, nearly 90 percent of the corn and soybean acres in Iowa are covered by multiple peril crop insurance (MPCI), which can provide some relief.

Economic Impact Of Delayed And Prevented Planting, William M. Edwards

William Edwards

Most crop producers know that to achieve optimum yields it is important to plant early. However, in years like this when cold weather or frequent rains prevented tillage and planting from being completed, some adjustments may be made to the amount of coverage provided by Multiple Peril Crop Insurance (MPCI) as well as other types of crop insurance. These adjustments are subject to revision each year by the Risk Management Agency and crop insurance vendors.

Ag Decision Maker: Combine Ownership Or Custom Hire, William M. Edwards, H. Mark Hanna

William Edwards

Includes advantages and disadvantages of custom hiring and information on estimating costs; includes worksheets.

Adjusting Hail-Damaged Crops For Crop Insurance Reporting, William M. Edwards

William Edwards

Hail damage to crops in north central Iowa caused great losses; the total of which will become more defined with harvest. The following guidelines are intended to help farmers through the process of adjusting hail-damaged crops for crop insurance reporting.