Education Commons^™

Changing Revealed Comparative Advantage Of Textile And Clothing Sector Of Pakistan: Pre And Post Quota Analysis, Nawaz Ahmad

Nawaz Ahmad

Abstract Many Asian countries have been beneficiaries of quota abolition for textile and clothing sector since 2005. After the implementation of the Agreement on Textile and Clothing (ATC) in December 2004, member countries of World Trade Organization (WTO) have quota-free trade except People’s Republic of China (PRC). It was expected that Pakistan will be beneficiaries in textile and clothing due to expected superior export performance in this sector. Therefore, this study aims estimating revealed comparative advantage (RCA) of textile and clothing sector of Pakistan at HS-2digit level and SITC-3 digit level. It reveals Pakistan has comparative advantage in textile sector …

Profile Of Contributors To The American Economic Review, 2010: Human Capital Theory, Gender And Race, Amadu Jacky Kaba

Amadu Jacky Kaba

This study begins by presenting an explanation of the Human Capital Theory and its relation to gender and race. Next, the methodology, data availability and limitations section of the study is presented. Next, the study presents the statistical findings and analysis of the compiled and computed data. Finally, the study presents a discussion section, focusing more attention on the various factors responsible for the wide gender and racial gaps in the statistics presented.

Conclusion: Looking To The Future, Ronald G. Ehrenberg

Ronald G. Ehrenberg

[Excerpt] A number of important themes emerge from the chapters in Governing Academia. First, decentralization gives individual units—be they university campuses within a state system, colleges within a university, or departments within a college—an incentive to act in their own best interests, but less of an incentive to work toward the common good. As Heller points out, at the level of a state system, decentralization of control may lead to wasteful overlap between campuses. As Wilson shows, decentralized budgeting in the form of responsibility center management models may cause units not to maximize the quality of the education they are …

Introduction To The Book Governing Academia, Ronald G. Ehrenberg

Ronald G. Ehrenberg

[Excerpt] During recent decades tuition for undergraduate students has risen at rates substantially higher than the rate of inflation at both public and private colleges and universities in the United States. These high rates of tuition increases led Congress to establish the National Commission on the Costs of Higher Education in 1997 to conduct a comprehensive review of college costs and prices and to make recommendations on how to hold tuition increases down. Parents of college students, taxpayers, and government officials all wanted to know why academic institutions can't behave more like businesses—cut their costs, increase their efficiency, and thus …

Collective Bargaining In American Higher Education, Ronald G. Ehrenberg, Daniel B. Klaff, Adam T. Kezbom, Matthew P. Nagowski

Ronald G. Ehrenberg

[Excerpt] No discussion of governance in higher education would be complete without a consideration of the role of collective bargaining. Historically, most researchers interested in the subject have directed their attention to the unionization of faculty members. Given several recent decisions by the National Labor Relations Board (NLRB) that leave open the possibility that unionization of faculty in private colleges and universities may increase in the future, we discuss collective bargaining for faculty in the first section (Leatherman 2000, A16). Recently, however, attention has been also directed at the unionization of two other groups in the higher education workforce. Activists …

Do Indirect Cost Rates Matter?, Ronald G. Ehrenberg, Jaroslava K. Mykula

Ronald G. Ehrenberg

This study addresses the relationship between a university's indirect cost rate and its level of federal research funding. Both direct and indirect cost funding are examined. The data used in the analyses include unpublished institutional level data for all doctoral and research universities on funding and indirect cost rates obtained from the National Science Foundation for the fiscal years 1988 to 1997 period. Our major finding is that higher indirect cost rates are associated with higher levels of direct and indirect cost funding for institutions that initially are among the largest recipients of federal funding. In contrast, for universities initially …

Enhancing The Attractiveness Of Research To Female Faculty, Ronald G. Ehrenberg

Ronald G. Ehrenberg

[Excerpt] CSWEP has long been concerned about the underrepresentation of women in faculty positions at major research universities. I have been charged by the committee with enumerating a set of policies that might enhance the attractiveness of research universities to female faculty. After presenting some data that suggest the magnitude of the underrepresentation problem, I do so below. In each case, I sketch the pros and cons of the policy. Although the focus is on increasing the attractiveness of research universities to female faculty, many of the policies would increase the attractiveness of academic careers per se to new female …

Merit Pay For School Superintendents?, Ronald G. Ehrenberg, Richard P. Chaykowski, Randy A. Ehrenberg

Ronald G. Ehrenberg

Given the important role that school district administrators play in the educational process, one might expect their 'performance" to be of fundamental importance in determining both how much students learn and the cost of public education to taxpayers. Yet, while public debate has considered the issue of merit pay plans for teachers, virtually no attention has been directed to the methods by which school administrators are compensated. This paper provides evidence on whether school superintendents are explicitly or implicitly rewarded for their "performance" by higher compensation and/or greater opportunities for mobility. We analyze panel data from over 700 school districts …

Review Of The Book In Pursuit Of The Ph.D., Ronald G. Ehrenberg

Ronald G. Ehrenberg

[Excerpt] When William Bowen, the President of the Andrew W. Mellon Foundation (formerly the President of Princeton University), and Neil Rudenstine, the President of Harvard University (formerly Executive Vice President of Mellon), combine to write a book on doctoral study in the arts and sciences, the academic profession must take notice. And well it should. Building on Bowen and Julie Ann Sosa's (1989) predictions of forthcoming shortages of Ph.D.'s in the arts and sciences, In Pursuit of the Ph.D. provides a detailed analysis of the propensity of American college graduates to enter doctoral programs in the arts and sciences and …

Review Of The Book The Cost Of Talent: How Executives And Professionals Are Paid And How It Affects America, Ronald G. Ehrenberg

Ronald G. Ehrenberg

[Excerpt] Why should the former President of Harvard University be concerned that during the 1970s and 1980s the earnings of doctors, lawyers in private practice, and top corporate executives grew substantially relative to the earnings of professors, teachers, and high level federal civil servants? Why should he care that physicians with specialized hospital-based practices, such as neurosurgeons, have seen their earnings rise substantially relative to physicians practicing family medicine during the same period? In each case, the answer is that Bok believes that occupational choices are determined, at least at the margin, by the pecuniary and nonpecuniary benefits that the …

Review Of The Book Prospects For Faculty In The Arts And Sciences, Ronald G. Ehrenberg

Ronald G. Ehrenberg

[Excerpt] Very few books by economists are announced to the world in a front page story in the New York Times. However, Prospects for Faculty in the Arts and Sciences by William G. Bowen and Julie Ann Sosa was (see Fiske) and this honor is well deserved. Prospects may well be the most important analysis of the academic labor market to appear since Alan Cartter's pioneering work in the mid-1970s.

A Theory Without A Movement, A Hope Without A Name: The Future Of Marxism In A Post-Marxist World, Justin Schwartz

Justin Schwartz

Just as Marx's insights into capitalism have been most strikingly vindicated by the rise of neoliberalism and the near-collapse of the world economy, Marxism as social movement has become bereft of support. Is there any point in people who find Marx's analysis useful in clinging to the term "Marxism" - which Marx himself rejected -- at time when self-identified Marxist organizations and societies have collapsed or renounced the identification, and Marxism own working class constituency rejects the term? I set aside bad reasons to give on "Marxism," such as that the theory is purportedly refuted, that its adoption leads necessarily …

Womenpowerconnect Newsletter, Professor Vibhuti Patel

Professor Vibhuti Patel

No abstract provided.

Evaluating The Written Work Of Others: One Way Economics Students Can Learn To Write, Harlan M. Smith Ii, Amy Broughton, Jaime Copley

Harlan M. Smith

The authors present a series of writing assignments that teaches students how to evaluate and critique the written economic work of others. The foundation text is McCloskey’s (2000) Economical Writing. The students’ dialogues with McCloskey, with each other, and with the authors of the pieces they evaluate sharpen their understanding of, and ability to use, language as an instrument of economic thought. Interviews with former students identify specific benefits from the student perspective of this approach. The authors show how the assignment series can be modified in several ways and how the general approach, as well as the foundation text, …

Adverse Selection And Incentives In An Early Retirement Program, Kenneth T. Whelan, Ronald G. Ehrenberg, Kevin F. Hallock, Ronald L. Seeber

Ronald G. Ehrenberg

We evaluate potential determinants of enrollment in an early retirement incentive program for non-tenure-track employees of a large university. Using administrative record on the eligible population of employees not covered by collective bargaining agreements, historical employee count and layoff data by budget units, and public information on unit budgets, we find dips in per-employee finance in a budget unit during the application year and higher recent per employee layoffs were associated with increased probabilities of eligible employee program enrollment. Our results also suggest, on average, that employees whose salaries are lower than we would predict given their personal characteristics and …

An Economic Analysis Of The Market For Law School Students, Ronald G. Ehrenberg

Ronald G. Ehrenberg

This study utilizes data from a number of sources to estimate how lawyers' starting salaries relate to their ability, the quality of law school they attended, and whether the law school was a private institution. Based upon this analysis, a benefit—cost analysis is conducted of the value of attending a high-quality private institution. Analyses are also done of how the financial attractiveness of law vis-a-vis other careers has changed in recent years and a conceptual framework discussed for law schools to use in allocating their financial aid resources.

Does Financial Market Development Explain (Or At Least Predict) The Demand For Wealth Management And Private Banking Services In Developing Markets?, Bryane Michael, Christopher Hartwell, Gary Ho

Bryane Michael (bryane.michael@stcatz.ox.ac.uk)

How should wealth managers and private bankers find and serve the wealthy – particularly in developing countries? Several banks and consulting firms provide market sizing estimates for the number of high net worth and ultra-high net worth individuals. However, it is still an open question whether financial management services actually create wealth (or increase the number of wealthy persons). How can financial advisors know if, on a macro-level, their service offerings grow their collective assets under management and increase their prospect numbers? In this paper, we find evidence that advanced wealth management and private banking services might help grow a …

The Competition Act Of 2010: What Effect Will The Act Likely Have On The Supply And Prices Of Goods And Services In Malaysia?, Bryane Michael

Bryane Michael (bryane.michael@stcatz.ox.ac.uk)

This presentation provides an overview of the likely effects of Malaysia's 2010 Competition Act.

A Second Look At Enrollment Changes After The Kalamazoo Promise, Brad Hershbein

Brad J. Hershbein

While previous research has documented how the Kalamazoo Promise, the most prominent and generous place-based college scholarship program, increased enrollment in Kalamazoo Public Schools, this paper qualifies and quantifies the characteristics of students who were induced to enter—or stay—in the district. In particular, it analyzes the origins and destinations, socioeconomic composition, and school-level sorting behavior associated with student flows around the time of the Promise announcement. These dimensions are more subtle than changes in the volume of students or measures of their individual success, but they are equally important to understand for communities exploring the feasibility of place-based scholarships as …

Who's Your Company? Where To Locate To Compete In Emerging Markets, Bryane Michael

Bryane Michael (bryane.michael@stcatz.ox.ac.uk)

Who’s your city? For companies in the developing world, this question determines their market sizes, access to innovative ideas, regulatory environment and proximity to innovative staff. In this brief, we identify the most attractive metropolitan areas to locate in to sell in emerging markets. Dubai, Istanbul, Johannesburg, Santiago, Buenos Aires, Sao Paulo, St. Petersburg, Moscow, Shanghai and Beijing comprise our top 10 list. Close runners-up include Bangkok, Kuala Lumpur, Mumbai, Cairo and others. We describe how companies can work with local governments to provide a more attractive business environment in these emerging metropoli. Some ways including providing resources for airport …

It Takes A Team: A Semester Success Story Of Writing, Receiving, And Executing A Grant In One Semester With An English 1110.01 Class, Robert A. Eckhart, Michelle Battista

Robert A. Eckhart