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Essays On The Political Economy Of State Government Saving And The Role Of Budget Stabilization Funds, Gary Albert Wagner
Essays On The Political Economy Of State Government Saving And The Role Of Budget Stabilization Funds, Gary Albert Wagner
Graduate Theses, Dissertations, and Problem Reports
This dissertation explores the saving behavior of state governments in the context of the ability of states to weather recessionary periods. The first chapter of the dissertation discusses the role of savings as a policy option for state decision-makers in light of the fiscal constraints facing state governments, reviews the previous literature that has examined the savings behavior of state governments, and outlines the research agenda for the dissertation. Chapter 2 provides statistics on the post-World War II savings of states to explore recent trends in their savings behavior and discusses the data employed in the dissertation. The third chapter …
Forecasting Electricity Demand Using Regression And Monte Carlo Simulation Under Conditions Of Insufficient Data, Kathleen Ann Cullen
Forecasting Electricity Demand Using Regression And Monte Carlo Simulation Under Conditions Of Insufficient Data, Kathleen Ann Cullen
Graduate Theses, Dissertations, and Problem Reports
The problem studied is that of a summer peak residential energy demand model for Appalachian Power Company's service area in West Virginia. By restricting the forecast to a region smaller than the state, serious data problems result due to insufficient data to obtain reliable forecasts.;Regression analysis and Monte Carlo Simulation are the two methods used to forecast energy demand. Both methods incorporate risk into the analysis in different ways. Regression analysis yields a measure of the reliability of the coefficients of the variables and of the reliability of the forecast. The resulting forecast and confidence limits of the forecast values …
Federal Highway Spending And Economic Growth In Appalachia, James Herbert Noonan
Federal Highway Spending And Economic Growth In Appalachia, James Herbert Noonan
Graduate Theses, Dissertations, and Problem Reports
Appalachia has always struggled economically due to three main factors: absentee ownership, isolation, and stereotyping. In 1965, Congress created the Appalachian Regional Commission with the mission of providing economic development programs to increase development in the region. Federal highway spending was seen as a key to improving the Appalachian infrastructure.;Today, the debate continues on the effectiveness of federal highway spending in Appalachia. The purpose of this study is to examine the effects of federal highway spending on socioeconomic status in Appalachia by analyzing the effects of spending during an economic recovery from 1983--89 and recession 1989--92. Three constructs determine increases …
Econometric Analysis Of Household Expenditures, Samuel Berhanu
Econometric Analysis Of Household Expenditures, Samuel Berhanu
Graduate Theses, Dissertations, and Problem Reports
While the traditional methods of measuring income inequality reveals interesting and important features of labor markets, estimates of income inequality do not provide complete summary statistics of the distribution of well-being. Interpreting the Gini coefficient of family earnings as a measure of disparity in welfare implicitly assumes that households with the same level of before tax income are equally well-off. Utility is derived from the consumption of goods and services and there is ample empirical evidence which indicate that the distribution of total expenditure is likely to be different from the distribution of income. As Friedman indicated households with low …
Three Essays On The Relationship Between The Banking Sector, The Real Sector, And The Political Environment, Woocheon Jeong
Three Essays On The Relationship Between The Banking Sector, The Real Sector, And The Political Environment, Woocheon Jeong
Graduate Theses, Dissertations, and Problem Reports
Essay one. Does the banking sector affect the real sector? Does the real sector affect the banking sector? Do both sectors affect each other? This essay tries to answer these questions. The positive answer to the first question relates to the credit-view hypothesis that the quality and quantity of the banking sector or bank health affect aggregate economic performance.;Variance decomposition and the impulse-response function of the vector error correction model (VECM) estimates provide strong evidence that interdependence exists between these sectors in the U.S. for the period 1942--1996.;Thus, there are links between bank health, bank loans, and economic performance (i.e. …
Small Firms, Global Economies: The Economic Sociology Of The Northwest Atlantic Sea Urchin Industry, Sean Raymond Lauer
Small Firms, Global Economies: The Economic Sociology Of The Northwest Atlantic Sea Urchin Industry, Sean Raymond Lauer
Doctoral Dissertations
This dissertation examines the organizational dynamics of firms operating in the East Coast sea urchin industry. First, I examine the confluence of economic and political conditions under which the industry evolved. As a part of the export driven growth of the past decade in the US the East Coast sea urchin industry benefited from political conditions, which encouraged development of global markets for US products. Along with this, the Japanese have displayed a seemingly insatiable demand for sea urchin roe through the 1990s. In 1971 the governance of the international monetary system changed from a fixed to floating exchange rate. …
An Empirical Examination Of Maximum Entropy Estimation., Randall Charles Campbell
An Empirical Examination Of Maximum Entropy Estimation., Randall Charles Campbell
LSU Historical Dissertations and Theses
Maximum entropy estimation is a relatively new estimation technique in econometrics. We carry out several Monte Carlo experiments using real data as a basis in order to understand the properties of the maximum entropy estimator. We compare the maximum entropy and generalized maximum entropy estimators to traditional estimation techniques in linear regression, binary choice, and multinomial choice models. In addition, we discuss maximum entropy estimation in censored and truncated regression models. We find that the generalized maximum entropy estimator dominates the logit estimator and the multinomial logit estimator in Monte Carlo experiments. The generalized maximum entropy estimator in discrete choice …
The Effects Of Medicaid And Maternal Depression On Prenatal Care And Infant Health, Lisa C. Defelice
The Effects Of Medicaid And Maternal Depression On Prenatal Care And Infant Health, Lisa C. Defelice
Doctoral Dissertations
While in recent years, the infant health production function literature has expanded to incorporate behavioral inputs into the production of infant health current research fails to incorporate the Medicaid-private insurance choice into the mother's decision making process. This dissertation seeks to address this by treating private insurance and Medicaid as endogenous while considering the effects that the Medicaid eligibility rules have on both kinds of coverage. Medicaid and private insurance are entered directly into the health production function so that quality effects may be captured. In addition, a woman's state of mental health is also incorporated into the health production …
Impact Of Shrimp Imports On The United States' Southeastern Shrimp Processing Industry And Processed Shrimp Market., Hamady Diop
Impact Of Shrimp Imports On The United States' Southeastern Shrimp Processing Industry And Processed Shrimp Market., Hamady Diop
LSU Historical Dissertations and Theses
The shrimp harvesting sector is the largest component of the southeastern United States fishing industry, accounting for 57% of the total value of landings in the region in 1996. U.S. shrimp imports were valued at $2.6 billion in 1996. Together, domestic production and imports of the raw product support a large shrimp processing sector, which provides several thousand jobs either directly or indirectly. In 1975 and 1984, the United States International Trade Commission (USITC) investigated the industry to determine whether the volume of shrimp imports was high enough to threaten domestic firms which were producing articles similar to, or directly …
Essays On Identification Of Monetary Policy Shocks In Vector Autoregressive Models: Alternative Identification Schemes And Lag Structures., Keuk-Soo Kim
LSU Historical Dissertations and Theses
This dissertation is primary concerned with the sensitivity of the effects of monetary policy shocks across alternative identification schemes and lag structures. The four widely-cited identification schemes of Christiano, Eichenbaum, and Evans (1994; 1996), Strongin (1995), Bernanke and Mihov (1998), and the long-run restrictions approach pioneered by Blanchard and Quah (1989) are used. Also, three types of lag structures---symmetric, Keating-type, and Hsiao-type asymmetric lag structures---are employed. The first essay focuses upon a closed economy framework. The results indicate that impulse response functions for macro variables are often sensitive to identification schemes and lag structures. For a given lag structure, the …
Analysis Of *Policy Alternatives In The Implementation Of A Coastal Nonpoint Pollution Control Program For Agriculture., Hugo Cardona Castillo
Analysis Of *Policy Alternatives In The Implementation Of A Coastal Nonpoint Pollution Control Program For Agriculture., Hugo Cardona Castillo
LSU Historical Dissertations and Theses
Agriculture has been singled out as one of the major nonpoint sources of water pollution. To identify alternative policy tools for the implementation of a non-regulatory approach to comply with the Coastal Nonpoint Pollution Control Program (CNPCP) required by The Coastal Zone Act Reauthorization Amendments of 1990, policy makers need to determine factors that may influence producers' willingness to adopt proposed Best Management Practices (BMPs). Neoclassical economic concepts of utility maximization on the part of agricultural producers constitutes the theoretical background in this study, but it is enhanced with the incorporation of a well proved set of theoretical tools based …
Estimating The Returns To Investment In Louisiana's Agricultural Research System., Yongli Zhu
Estimating The Returns To Investment In Louisiana's Agricultural Research System., Yongli Zhu
LSU Historical Dissertations and Theses
This study demonstrates one way in which the combined nonparametric and parametric estimates of returns-to-research can be used to build a stronger argument for public investment in agricultural research. The data used in this study were constructed from time series information covering the period 1949--95. Tornqvist-Theil quantity indices were calculated to determine the implicit state price for each input category. The returns-to-research in Louisiana agriculture were estimated using both nonparametric and parametric estimators, with appropriate emphasis given to lag structures, data coherence, and functional forms. Model misspecification testing for the parametric model was examined. Internal rates of return were calculated …
Impact Of Egypt's Economic Reform Programme On The Stock Market Performance, Mohammed Moustafa A. Omran
Impact Of Egypt's Economic Reform Programme On The Stock Market Performance, Mohammed Moustafa A. Omran
Plymouth Business School Theses
The objective of this thesis is to highlight the Egyptian experiment concerning its economic reform programme, and to determine whether this programme has affected Egypt's stock market performance. Using 18 years of data, which covered the period 1980/8 1 to 1997/98 and incorporates time periods prior to and after adopting the economic reform programme, the thesis empirically investigates three main issues. Firstly, there is an examination of whether the Egyptian government succeeded in implementing its economic reform programme by looking to the main economic indicators: nominal interest rates, real interest rates, the inflation rate, exchange rate stability, the real GDP …