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Louisiana State University

1984

Economics

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Factors Affecting The Success/Nonsuccess Of Small Farmers In Louisiana., Adell Brown Jan 1984

Factors Affecting The Success/Nonsuccess Of Small Farmers In Louisiana., Adell Brown

LSU Historical Dissertations and Theses

In Louisiana it was observed that many small farmers survived over long periods of time, while others with similar farm resources did not. The purpose of this study was to evaluate the social and economic factors affecting the degree of success of small farmers. A major objective was to compare two methodologies used in defining and evaluating success on a small farm. The farm business approach as measured by economic performance (quantitative) was compared to the family well-being approach as measured by socio-economic factors (qualitative to determine similarities and differences in classifying successful and nonsuccessful farms. The literature was examined …


The Stabilization Of The Effective Exchange Rates Of The Less Developed Countries Under Alternative Exchange Rate Arrangements., Shahruz Mohtadi-Haghighi Jan 1984

The Stabilization Of The Effective Exchange Rates Of The Less Developed Countries Under Alternative Exchange Rate Arrangements., Shahruz Mohtadi-Haghighi

LSU Historical Dissertations and Theses

This study theoretically and empirically investigated the movements in the effective exchange rate indices (ERIs) of six less developed countries (LDCs) during the period of generalized floating of major currencies. Given the objective of stabilizing the ERI, four exchange rate arrangements were considered. First, a policy of continuing to fix the value of the domestic currency to the U.S. dollar. Second, a policy of stabilizing the LDC's ERI by changing the value of the domestic currency vis-a-vis the dollar. Third, pegging the domestic currency to the Special Drawing Right (SDR) basket of currencies. Fourth, stabilizing the ERI under an SDR …


The Habitat And Cost Of Production Of Domestic Petroleum Resources., John Daniel Grace Jan 1984

The Habitat And Cost Of Production Of Domestic Petroleum Resources., John Daniel Grace

LSU Historical Dissertations and Theses

The geologic characteristics of an oil field, most importantly its depth and surface area, have significant impacts on the average cost of extracting petroleum. These characteristics of petroleum habitat constitute a measure of "deposit quality," as ore grade does in the production of metals. This measure can be used to separately evaluate the effects on cost, over time, of changing depost quality and technological advance. A sample of 156 U.S. fields, with average estimated ultimate recovery of 50 million barrels, was analyzed to quantify the cross-sectional differences in average production cost on the basis of depth, area, productive capacity, reservoir …


Stewardship Of Creation: Some Implications For Economic Theory And Policy., John Harlan Mcdonald Jan 1984

Stewardship Of Creation: Some Implications For Economic Theory And Policy., John Harlan Mcdonald

LSU Historical Dissertations and Theses

Neoclassical economic theory defines an optimal or efficient allocation of natural resources as one which secures the maximum output of preferred goods and services, or as an allocation in which the resources are used in their highest valued uses. The theory is based on two important normative assumptions: the welfare of the community is an increasing function of the individual's welfare, and an individual is better off in a freely chosen position. These assumptions form a subjective theory of value which locates the source of intrinsic value in the individual's tastes and preferences; value or wealth is whatever satisfies the …


Female Labor Force Participation And Fertility In Nigeria: A Study Of Lagos., Amon Okechukwu Okpala Jan 1984

Female Labor Force Participation And Fertility In Nigeria: A Study Of Lagos., Amon Okechukwu Okpala

LSU Historical Dissertations and Theses

Much attention has been given to the relation between population growth and economic development, and one important aspect of this question is the link between fertility and female labor force participation. Variations in the female labor force participation and fertility relationships have been explained by the maternal role incompatibility hypothesis, which states that an inverse relationship occurs between women's work and fertility only when the roles of worker and mother conflict. Substantial amount of empirical studies done have supported this hypothesis. This hypothesis implies that a negative relationship between female employment and fertility will depend on the degree that they …


Efficiency Tests Of Options On Treasury Bond Futures At The Chicago Board Of Trade., James Cleveland Boyd Jan 1984

Efficiency Tests Of Options On Treasury Bond Futures At The Chicago Board Of Trade., James Cleveland Boyd

LSU Historical Dissertations and Theses

This dissertation examines the weak-form market efficiency of the option on Treasury Bond futures contract at the Chicago Board of Trade (CBOT) from its inception in October, 1982, through mid-June, 1983. Arbitrage techniques which have been used in studies of stock option market efficiency including lower boundary conditions on calls and puts, put-call parity, and the box spread, were used in this study to evaluate the efficiency of the option on Treasury Bond futures market. Transaction-by-transaction data were used over the period of study to simulate ex post and ex ante arbitrage opportunities from the vantage point of the floor …


An Empirical Investigation Of The Effect Of Capital Structure Regulation On The Asset Portfolio Of Commercial Banks., Robert Edward Lamy Jan 1984

An Empirical Investigation Of The Effect Of Capital Structure Regulation On The Asset Portfolio Of Commercial Banks., Robert Edward Lamy

LSU Historical Dissertations and Theses

The recent failures of large banks coupled with unstable economic conditions have generated a renewed interest in the regulation of large commercial banks. In particular, the regulation of bank capital by federal banking authorities, which for years, has assumed the role as protector of overall banking soundness, has become a highly debated topic. This issue is by no means indigenous to recent times and the academic and professional literature is replete with studies attempting to solve the capital adequacy dilemma. Exactly how much capital is enough to ensure the soundness of the banking industry has not been agreed upon. But, …