Business Commons^™

World Food Crisis: Imperfect Markets Starving Development, A Decomposition Of Recent Food Price Increases, Christine Costello

College of Business: Dissertations, Theses, and Student Research

The recent decade has experienced two rather substantial food price spikes. This thesis sets out to provide an in-depth look at the recent food price increases by achieving two goals: assessing the forces driving food prices, and determining the magnitude of those forces. These goals are reached by reviewing selected rhetoric on the recent food price increases, analyzing case studies, and lastly determining our modeling capabilities in decomposing food price changes. Additionally, this thesis will serve as a tool for stakeholder's to better address critical policy issues surrounding food, agriculture, and energy policies.

Adviser: Hendrik Van Den Berg

Persistent Place-Based Income Inequality In Rural Nebraska, 1979-2009, David J. Peters

Great Plains Research: A Journal of Natural and Social Sciences

This article addresses a current gap in the inequality literature by identifying demographic and economic factors that best explain persistent income inequality across N = 817 non metropolitan block groups in Nebraska between 1979 and 2009. Over one-half of rural places in Nebraska have average levels of income inequality, one-quarter have persistently low inequality, and one-fifth of places have persistently high levels of income inequality. Results of multinomial logistic regression suggest that persistently high-inequality places in rural Nebraska tend to be smaller, more urbanized, more ethnically diverse, more wealthy, more specialized in high-skill and low-skill industries, and have experienced fast …

Review Of Remaking The Heartland: Middle America Since The 1950s. By Robert Wuthnow, Randolph Cantrell

Great Plains Research: A Journal of Natural and Social Sciences

Shrinking farm numbers, population losses, and empty storefronts on Main Street have come to be seen as symptoms of an inevitable slide to oblivion for many Heartland communities. Empirical evidence of such decline is easily found, making the trend a favorite topic for journalists. In Remaking the Heartland, Robert Wuthnow offers a very different interpretation of the same trends. His central argument is that Middle America (defined as eight states including most of the Great Plains) has been characterized by adaptation to changing social and economic realities in a way that has made the region a "more vibrant contributor …

The Effect Of Tax Increment Financing On Spillovers And School District Revenue, Jennifer A. Bossard

College of Business: Dissertations, Theses, and Student Research

Over the years the urban development financing tool known as Tax Increment Finance (TIF) has been a controversial topic as it relates to fiscal impacts on school districts. This study addresses an important question related to this issue. Does TIF affect non-TIF district property value within the school district? The question is explored by developing a theoretical model that describes the relationship between TIF and school finance and estimating an empirical model that tests the hypotheses stemming from the theoretical model. Although the results are mixed, there is some evidence that TIF does affect non-TIF district property value in the …

Using Monte Carlo Simulations To Establish A New House Price Stress Test, James R. Follain, Seth H. Giertz

Department of Economics: Faculty Publications

The focus of this paper is on the house price stress test (termed ALMO) that was designed to assess the fiscal strength of Fannie Mae and Freddie Mac and, if necessary, to trigger remedial action in order to avert a crisis. We assess whether the ALMO stress test was an adequate representation of an extremely weak housing market, given the best available information leading up to the Great Recession. A Monte Carlo simulation model is developed to estimate the severity of low probability events (i.e., severe house price declines). We illustrate the complexity and subjective nature of the process used …

Industrial Diversity And Economic Performance: A Spatial Analysis, Hoa Phu Duy Tran

College of Business: Dissertations, Theses, and Student Research

This study examines the linkage between industrial diversity and economic growth in the 48 contiguous states of the United States. The period of analysis is 1992 through 2009. Five diversity indices are considered and economic growth is measured as the growth rate of nonfarm earnings. Other variables thought to influence economic growth are included in the analysis. They are the growth rate of nonfarm employment, capital, and farm earnings. Tests for the endogeneity of variables are conducted and the need for instrumental variable estimation methods is demonstrated.

First, I consider multivariate model that relates nonfarm earnings growth to the diversity …

Three Essays On Fdi In China, Mingming Pan

College of Business: Dissertations, Theses, and Student Research

Foreign Direct Investment (FDI) has contributed a great deal to China’s extraordinary growth by injecting capital into the economy, creating jobs, transferring technology and knowledge, enhancing trade, bringing in competition for local enterprises, improving the quality of local labor and intermediate goods suppliers, and connecting China’s gradually opening economy to the global market. For over a decade, China has been the second largest recipient of inward FDI in the world behind the United States. In 2009, China received $95 billion, which is 8.5% of the world’s total. However, the large amount of inward FDI has been unevenly distributed across Chinese …

Animal Welfare: Perceptions Of Nonmetropolitan Nebraskans: 2011 Nebraska Rural Poll Results, Rebecca J. Vogt, Randolph L. Cantrell, Bradley Lubben, Connie Reimers-Hild

Nebraska Rural Poll

Almost all rural Nebraskans recognize the importance of livestock and poultry production to the state’s economy and most rural Nebraskans are familiar with livestock care practices. In fact, many rural Nebraskans have experience raising beef cattle, poultry and swine. They have less experience with dairy production.

Most rural Nebraskans believe animal welfare means providing adequate exercise, space and social activities for the animals in addition to food, water and shelter. However, the vast majority of rural Nebraskans agree that animal welfare means at least providing adequate food, water and shelter to livestock animals.

Most rural Nebraskans trust livestock farmers and …

Community Life In Nonmetropolitan Nebraska: Current Perceptions And Future Strategies, 2011 Nebraska Rural Poll Results, Rebecca J. Vogt, Randolph L. Cantrell, Bradley D. Lubben, Connie Reimers-Hild

Nebraska Rural Poll

By many different measures, rural Nebraskans are positive about their community. Many rural Nebraskans rate their community as friendly, trusting and supportive. Most rural Nebraskans also say it would be difficult to leave their community. In addition, most rural Nebraskans disagree that their community is powerless to control its future.

Differences of opinion exist by the size of their community. Residents of smaller communities are more likely than residents of larger communities to rate their community favorably on its social dimensions and to have positive sentiments about their community. However, residents of larger communities are more likely than residents of …

The Digital Age: Nonmetropolitan Nebraskans’ Use Of Technology, 2011 Nebraska Rural Poll Results, Rebecca J. Vogt, Randolph L. Cantrell, Bradley D. Lubben, Onnie Reimers-Hild

Nebraska Rural Poll

Most rural Nebraskans use the Internet or email from home. The groups most likely to use the Internet or email from home include: persons living in or near larger communities, residents of the Panhandle region, persons with higher household incomes, younger persons, females, married persons, persons with higher education levels and persons with management, professional or education occupations. The Internet applications used by the majority of rural Nebraskans include: research, looking for health information, purchasing a product, watching a video and social networking.

Most rural Nebraskans have positive opinions about shopping online: that the Internet is the best place to …

Quality Of Life In Nonmetropolitan Nebraska: 2011 Nebraska Rural Poll Results, Rebecca J. Vogt, Randolph L. Cantrell, Bradley D. Lubben, Connie Reimers-Hild

Nebraska Rural Poll

Most rural Nebraskans are positive about their current situation. And, they continue to be generally positive about their future situation. Over one-half (52%) of rural Nebraskans think they are better off than they were five years ago and just under one-half (45%) think they will be better off ten years from now.

Certain groups remain pessimistic about their situation. Persons with lower household incomes, older persons, persons with lower educational levels and persons who are divorced or separated are the groups most likely to be pessimistic about the present and the future.

When asked if they believe people are powerless …