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Kennesaw State University

Economics

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Articles 241 - 252 of 252

Full-Text Articles in Social and Behavioral Sciences

Characteristics Of The Labor Market And Human Resources Management In The Republic Of Kazakhstan, Bolat L. Tibekov, Janet S. Adams, Nancy Prochaska Jan 2004

Characteristics Of The Labor Market And Human Resources Management In The Republic Of Kazakhstan, Bolat L. Tibekov, Janet S. Adams, Nancy Prochaska

Faculty and Research Publications

Kazakhstan, an emerging economy moving from a communist centralized command approach to global market participation, shares issues with other republics in the Common Wealth of Independent States. Competitive advantages that bode well for its successful transition include abundant oil reserves, a developing legal system, and a government that appears to have learned from the mistakes of other CIS nations. However, the Republic has serious problems of population decline, poor infrastructure, and workforce habits incompatible with a market economy. This paper focuses on labor market and human resource issues that must be addressed of Kazakhstan to be competitive in the world …

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Family Businesses' Contribution To The U.S. Economy: A Closer Look, Joseph H. Astrachan, Melissa Carey Shanker Sep 2003

Family Businesses' Contribution To The U.S. Economy: A Closer Look, Joseph H. Astrachan, Melissa Carey Shanker

Faculty and Research Publications

In 1995, we were commissioned to conduct research on the impact of family businesses on the U.S. economy. A search of all relevant research led to the conclusion that the majority of existing data relating to family businesses' economic contributions were not grounded in empirical research, and the definitions used to distinguish family businesses from other enterprises were ambiguous or nonexistent. In 1996, we published a paper providing a framework for assessing the economic impact of family businesses across three ranges, defined by the degree of family involvement in the businesses. This paper revisits that research and updates and improves …

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Emotion And Financial Markets, Lucy F. Ackert, Bryan K. Church, Richard Deaves Jan 2003

Emotion And Financial Markets, Lucy F. Ackert, Bryan K. Church, Richard Deaves

Faculty and Research Publications

No abstract provided.

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The East Asian Model Of Economic Development And Developing Countries, Jong H. Park Dec 2002

The East Asian Model Of Economic Development And Developing Countries, Jong H. Park

Faculty and Research Publications

This paper examines the debate on the East Asian model of economic development in light of the different approaches undertaken by different groups of countries (economies) in Northeast Asia and Southeast Asia. The common strengths and weaknesses shared by the East Asian countries (economies) have helped to reinforce the misconception that there is a single East Asian model of economic development. There are, however, significant differences in economic structures as well as development experiences among the East Asian economies, especially between the economic development paradigms of Southeast Asia and Northeast Asia. Nonetheless, one single common thread underlies the differences in …

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Globalization Of Financial Markets And The Asian Crisis: Some Lessons For Third World Developing Countries, Jong H. Park Oct 2002

Globalization Of Financial Markets And The Asian Crisis: Some Lessons For Third World Developing Countries, Jong H. Park

Faculty and Research Publications

Park examines the causes of the Asian financial crisis and draws some lessons and implications for a series of issues, which may be of particular relevance to the Third World developing countries. These issues include: the appropriate role of the International Monetary Fund as an international agency in charge of helping member countries to maintain financial stability; the choice of an appropriate exchange rate regime and use of restrictions on private capital flows in the face of rising globalization; and the debate on the East Asian model of economic development.

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Money, Credit, And Banking In Colonial And Postcolonial West Africa, Akanmu G. Adebayo Jan 2002

Money, Credit, And Banking In Colonial And Postcolonial West Africa, Akanmu G. Adebayo

Faculty and Research Publications

Scholarship in African economic history has been dominated by a wave of revisionism lately. The degree of African indebtedness, the imperatives of loan repayment, and the long-term implications of ongoing political and economic changes, all make such a revision exigent indeed. Focusing on the Yoruba of southwestern Nigeria, this paper produces new evidence to reinterpret and redefine African precolonial financial institutions. The paper has two main parts. Part 1 focuses on the introduction of cowrie currency into Yorubaland and its impact on social stratification. Part 2 examines ajo, the savings institution, esusu, the rotating savings and credit associations (roscas), and …

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A History Of Revenue Forecasts, Mark Rider Jan 2002

A History Of Revenue Forecasts, Mark Rider

Faculty and Research Publications

Feenberg et al. (1989) apply a simple regression-based method to test the rationality of state revenue forecasts. Using the same regression-based methodology, we test the rationality of federal revenue forecasts for fiscal year 1802 through 2001. We find that Treasury forecasts of federal revenues satisfy the conditions of weak rationality.

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Options For Market Reforms In China, Penelope B. Prime Jul 1994

Options For Market Reforms In China, Penelope B. Prime

Faculty and Research Publications

Most of the former planned economies are in the midst of major economic transitions. In these economies the questions being addressed no longer deal with whether or not they should reform--their very economic survival and future development rest on how to proceed with reform. In the former Soviet Union and eastern Europe, the questions are down to nuts and bolts: how to privatize and encourage market behavior quickly before chaos clouds the situation further. In China, the leadership is attempting to improve efficiency via small scale private ownership and markets while improving the state sector.

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Industry's Response To Market Liberalization In China: Evidence From Jiangsu Province, Penelope B. Prime Oct 1992

Industry's Response To Market Liberalization In China: Evidence From Jiangsu Province, Penelope B. Prime

Faculty and Research Publications

More than a decade has passed since China's communist party endorsed major economic reform at the Third Plenum of the Eleventh Central Committee in December 1978. The reforms have addressed many problems, but efficiency has been the focus of concern. To improve efficiency, China has introduced market mechanisms and reversed its import substitution policies. The purpose of this article is to investigate whether industrial productivity has increased as a result, using Jiangsu Province as a case study.

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Municipal Capital Maintenance And Fiscal Distress, Mary K. Bumgarner, Jorge Martinez-Vazques, David L. Sjoquist Feb 1991

Municipal Capital Maintenance And Fiscal Distress, Mary K. Bumgarner, Jorge Martinez-Vazques, David L. Sjoquist

Faculty and Research Publications

This paper formalizes and empirically tests the hypothesis that the deficient maintenance of public infrastructure is caused by fiscal distress. We utilize a production-decision framework in which public officials combine maintenance and new capital to produce a desired level of capital services. The behavior implied in the fiscal distress hypothesis is treated as perverse deviations from the optimal production path. The empirical findings from cross-sectional expenditures data give support to the fiscal distress hypothesis.

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Linear And Nonlinear Appraisal Models, Billie Ann Brotman Apr 1990

Linear And Nonlinear Appraisal Models, Billie Ann Brotman

Faculty and Research Publications

In this article, the author uses nonlinear models to forecast the value of four important housing characteristics. The article explains, for example, that each additional bedroom does not add a set incremental dollar figure to the value of a house. The results suggest that nonlinear models predict housing values better than linear ones.

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Export Growth And Economic Performance In Developing Countries: Further Evidence From Africa, John M. Mbaku Dec 1989

Export Growth And Economic Performance In Developing Countries: Further Evidence From Africa, John M. Mbaku

Faculty and Research Publications

Several studies have established that a significant positive relationship exists between export expansion and economic growth. In this study we examine the effect of export growth on factor productivity in Africa. It is seen that export expansion significantly enhances economic growth in Africa.

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