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Social and Behavioral Sciences Commons

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Articles 1 - 9 of 9

Full-Text Articles in Social and Behavioral Sciences

The Turn In Recent Economics And Return Of Orthodoxy, John B. Davis May 2008

The Turn In Recent Economics And Return Of Orthodoxy, John B. Davis

Economics Faculty Research and Publications

This paper examines change on the economics research frontier, and asks whether the current competition between new research programmes may be supplanted by a new single dominant approach in the future. The paper discusses whether economics tends to be dominated by a single approach or reflect a pluralism of approaches, and argues that, historically, it has alternated between the two. It argues that orthodoxy usually emerges from heterodoxy, and interprets the division between orthodoxy and heterodoxy in terms of a core–periphery distinction. Regarding recent economics, the paper maps out two different types of combinations of new research programmes as being …


The Change In And State Of Recent Economics, John B. Davis Apr 2008

The Change In And State Of Recent Economics, John B. Davis

Economics Faculty Research and Publications

No abstract provided.


Does Real Exchange Rate Volatility Affect Foreign Direct Investment? Evidence From Four Developed Economies, Abdur Chowdhury, Mark Wheeler Apr 2008

Does Real Exchange Rate Volatility Affect Foreign Direct Investment? Evidence From Four Developed Economies, Abdur Chowdhury, Mark Wheeler

Economics Faculty Research and Publications

This study examines the impact of shocks to exchange rate uncertainty (volatility) on foreign direct investment (FDI) in Canada, Japan, the United Kingdom, and the United States. The analysis is conducted using vector autoregressive models that contain the price level, real output, the real exchange rate, the volatility of the real exchange rate, the interest rate, and FDI. The results from variance decompositions yield public policy implications. In Canada, Japan, and the United States, innovations to exchange rate uncertainty explain significant portions of the forecast error variance in FDI at longer time horizons. The impulse response functions indicate that, to …


Openness And The Efficiency Of Fdi: A Panel Stochastic Production Frontier Study, Farrokh Nourzad Feb 2008

Openness And The Efficiency Of Fdi: A Panel Stochastic Production Frontier Study, Farrokh Nourzad

Economics Faculty Research and Publications

This paper uses a stochastic translog production frontier to estimate technical inefficiency indices whose conditional mean is specified as a function of FDI and its interaction with openness of the economy. The model is estimated using an annual panel of 46 countries for the years, 1981–2001. The results suggest that increased FDI increases potential output in both developed and developing countries with the effect being more profound in the former. It is also found that increased FDI reduces technical inefficiencies the more open is the economy but that this effect holds only for developed economies. Thus qualified support is found …


Heterodox Economics, The Fragmentation Of The Mainstream, And Embedded Individual Analysis, John B. Davis Jan 2008

Heterodox Economics, The Fragmentation Of The Mainstream, And Embedded Individual Analysis, John B. Davis

Economics Faculty Research and Publications

No abstract provided.


Complex Individuals: The Individual In Non-Euclidian Space, John B. Davis Jan 2008

Complex Individuals: The Individual In Non-Euclidian Space, John B. Davis

Economics Faculty Research and Publications

No abstract provided.


The Conception Of The Socially Embedded Individual, John B. Davis Jan 2008

The Conception Of The Socially Embedded Individual, John B. Davis

Economics Faculty Research and Publications

No abstract provided.


Social Economics: An Introduction And A View Of The Field, John B. Davis, Wilfred Dolfsma Jan 2008

Social Economics: An Introduction And A View Of The Field, John B. Davis, Wilfred Dolfsma

Economics Faculty Research and Publications

No abstract provided.


Urban Watershed/Water Body Restoration - The Driving Forces, Vladimir Novotny, David E. Clark, Robert J. Griffin Jan 2008

Urban Watershed/Water Body Restoration - The Driving Forces, Vladimir Novotny, David E. Clark, Robert J. Griffin

Economics Faculty Research and Publications

Urban streams are used for several purposes. Some uses are conflicting and some are complementary. The use of urban water bodies and the resolution of conflicts is driven by anthropogenic and biocentric/ecocentric interests that must be optimized and the conflicts resolved. This article examines and analyzes land ethics (biocentric) and socio-economic (anthropocentric) drives for stream restoration of urban watersheds located in the Milwaukee (WI) metropolitan area. The basins experienced increased flooding, significant degradation of sediment and water quality, and loss of aquatic species, all due to urbanization. It was found that the primary drivers for restoration of urban streams are …