Social and Behavioral Sciences Commons^™

Impact Of Geographical Diversification And Limited Attention On Private Equity Fund Returns, Victor Ong

Research Collection Lee Kong Chian School Of Business

This article analyzes the effect of geographical diversification on global private equity (PE) fund returns. We find that there is a negative correlation between geographical diversification and PE fund returns. To establish the causality between geographical diversification and PE fund returns, we employ an instrumental variable analysis where the instrument used is the stock market capitalization of the host country where the PE fund is based. Our results apply to Net IRR, TVPI and DPI as dependent variables used to proxy for PE fund returns in the main regression model. A one standard deviation increase in geographical diversification results in …

Nebraska Cow-Calf Operations: Use Of Pricing Tools And Market Diversification Strategies To Manage Market Risk, Logan Kalkowski

Department of Agricultural Economics: Dissertations, Theses, and Student Research

This thesis is the work of Logan Kalkowski with assistance and direction from the University of Nebraska-Lincoln and advisors Jay Parsons and Elliott J. Dennis. This thesis is divided into three chapters. The first chapter of this thesis investigates years of research and data collection from multiple agencies to find connections to reasoning for producers to choose marketing and diversification tools used in their operation.

The second chapter examines cow-calf marketing and risk management practices in Nebraska. Marketing and risk management behavior are examined by using the University of Nebraska-Lincoln Cow-calf survey data collected in 2016. The survey captures characteristics …

Export Promotion As A Development Strategy: Evidence From Selected Southeast Asian Countries And Lessons For Ghana, Ohenewaa B. Newman

Journal for the Advancement of Developing Economies

Developing countries have adopted various development strategies such as import substitution industrialization (ISI) and export promotion strategies. For Latin-American and developing countries, some level of economic growth was experienced using ISI after the Second World War. However, these countries could not attain the needed economic growth, technological advancement or guarantee food security with the adoption of ISI. It led to unequal income distribution, less internal competition, and distortions of their economy, among others. The rise of export promotion strategies in the 1970s was evidenced by an impressive economic growth and a decline in poverty in jurisdictions like Taiwan, Tanzania and …

The Structural Outcomes Of Investment Surges, Mateo Hoyos, Emiliano Libman, Arslan Razmi

Economics Department Working Paper Series

We study the extent to which countries undergo structural change during and after episodes of sustained investment surges. In particular, we explore the evolution of trade flows, considering (i) exports sophistication or complexity, (ii) exports diversification, and (iii) capital goods imports. Using the episodes identified by Libman et al. (2019), we document the heterogeneous nature of these episodes and find that, while imports of capital goods increase, they are not systematically related to changes in sophistication, complexity and diversification of exports, at least for the available sample of 130 episodes over the period 1962-2014. High investment may often be a …

Growing Specialty Coffee: Economic Security And Environmental Sustainability In Global Coffee Systems, Stephen Posner, Janica Anderzen, Alejandra Guzman Luna, Ernesto Mendez

Reports and Policy Briefs

The Gund Institute has partnered with the Agroecology & Livelihoods Collaborative to create a more sustainable and just global coffee sector. Gund Fellows used this research brief to leverage our networks and engage NGOs such as The Specialty Coffee Association, funders, and companies in early discussions about how to address systemic inequity across the coffee value chain.

Proposal For A Non-Subsidized, Non-Retirement-Plan, Employee-Owned Investment Vehicle To Replace The Esop, Sean M. Anderson, Andrew Stumpff Morrison

Law & Economics Working Papers

The authors have previously been critical of the existing American legal exemption and subsidy regime for employee stock ownership plans (“ESOPs”). By definition such plans create dangerously undiversified investment programs tying employees’ retirement security to the financial health of a single company – which, to compound the problem, is the employees’ employer, thereby correlating participants’ retirement security risk with the risk of losing their jobs. No demonstrated compensating policy benefit justifies this extraordinary large-scale departure from basic principles of financial prudence. One context, however, where a plausible case might be made for employee ownership is that which arises when a …

Effects Of Fisheries Management On Local Ecological Knowledge, Emily Farr, Joshua Stoll, Christine M. Beitl

Anthropology Faculty Scholarship

Local ecological knowledge, or the collective perceptions held by a particular group about their environment, results from the transmission of cultural knowledge from one generation to the next, combined with regular and persistent interactions between individuals and the biophysical environment. Management systems that limit access to certain natural resources likely have an effect on the quality of that knowledge. We explore the distribution of local ecological knowledge as it corresponds to different types of fishing activities and experience among fishermen in the eastern Gulf of Maine. We use a network approach to analyze cognitive maps of the ecosystem structure and …

What Drives Economic Growth? A Look Into Structural Transformation And Export Diversification, Dany Bahar

Brookings Scholar Lecture Series

As part of the Brookings Scholar Lecture Series, Brookings Mountain West invites you to a lecture titled "What drives economic growth? A look into structural transformation and export diversification" by Brookings Fellow in Global Economy and Development, Dany Bahar.

About 60 percent of cross-country income differences can be explained by productivity differences. In the long-run, productivity is what best explains economic growth and welfare. This lecture seeks to understand the drivers of economic and productivity growth for countries, and in particular, the role of structural transformation and diversification. The lecture will draw on work by other scholars as well as …

Fishing For Leadership: The Role Diversification Plays In Facilitating Change Agents, Joshua Stoll

Publications

Leadership is often viewed as being critical to successful natural resource management. This research focuses on a set of leaders identified through a social network analysis of fishers in a rural coastal region. Leaders' connections to different fisheries are evaluated, and these actors are found to be significantly more diversified than other fishers in the area. Drawing on theory related to institutional entrepreneurship and a series of in-depth interviews with these actors, this paper puts forward several hypotheses to explain how diverse social-ecological connections facilitate leadership. Three mechanisms are identified. Being diversified facilitates: (1) production of alternative visions; (2) framing …

Multiple Post-Domestication Origins Of Kabuli Chickpea Through Allelic Variation In A Diversification-Associated Transcription Factor, R. Varma Penmetsa, Noelia Carrasquilla-Garcia, Emily M. Bergmann, Lisa Vance, Brenna Castro, Mulualem T. Kassa, Birinchi K. Sarma, Subhojit Datta, Andrew D. Farmer, Jong Min Baek, Clarice J. Coyne, Rajeev K. Varshney, Eric J.B. Von Wettberg, Douglas R. Cook

College of Agriculture and Life Sciences Faculty Publications

Chickpea (Cicer arietinum) is among the founder crops domesticated in the Fertile Crescent. One of two major forms of chickpea, the so-called kabuli type, has white flowers and light-colored seed coats, properties not known to exist in the wild progenitor. The origin of the kabuli form has been enigmatic. We genotyped a collection of wild and cultivated chickpea genotypes with 538 single nucleotide polymorphisms (SNPs) and examined patterns of molecular diversity relative to geographical sources and market types. In addition, we examined sequence and expression variation in candidate anthocyanin biosynthetic pathway genes. A reduction in genetic diversity and extensive genetic …

Assessment Of Land Use Dynamics And The Status Of Biodiversity Exploitation And Preservation In Nigeria, Abiodun Elijah Obayelu

Journal for the Advancement of Developing Economies

Land is the most important natural resource that affects every aspect of human life, while biodiversity constitutes the most important working component of a natural ecosystem. Land use and biodiversity are agricultural and ecological challenges presently facing Nigeria in her efforts at addressing the issue of agro-ecosystem transformation and sustainable land productivity. This study employed secondary sources of information to assess land reform act in Nigeria, the methodological framework to analyze the linkages between land use change and biodiversity, effects of land use on biodiversity, status of biodiversity and suggests ways to solving land use problems and biodiversity loss. Findings …

The U.S. Federal Trade Commission’S Line Of Business Program And Innovation Research, John T. Scott

Dartmouth Scholarship

This paper examines how the resources of the Line of Business (LB) Program of the U.S. Federal Trade Commission (FTC) leveraged academic research to develop understanding of science and technology policy and to point to new directions for both research and policy. The paper provides an overview and discussion of the birth and death of the FTC LB Program and its unique LB data, the innovation research using the LB data, and the legacy of the program.

Crime And Moral Hazard: Does More Policing Necessarily Induce Private Negligence?, Brishti Guha, Ashok S. Guha

Research Collection School Of Economics

Even risk-neutral individuals can insure themselves against crimes by combining direct expenditure on security with costly diversification. In such cases — and even when one of these options is infeasible — greater policing often actually encourages private precautions.

Crime And Moral Hazard: Does More Policing Necessarily Induce Private Negligence?, Brishti Guha, Ashok S. Guha

Research Collection School Of Economics

Even risk-neutral individuals can insure themselves against crimes by combining direct expenditure on security with costly diversification. In such cases — and even when one of these options is infeasible — greater policing often actually encourages private precautions.

Exploring The Revenue Mix Of Nonprofit Organizations: Does It Relate To Publicness?, Robert L. Fischer

Faculty Scholarship

Nonprofits receive funding from multiple revenue sources, including private contributions and earned program revenues. In this article, we hypothesize that the composition of revenues is a result of the nature of services provided—specifically whether services are public, private, or mixed in the nature of their benefits. Using subfields from three major fields in the National Taxonomy of Exempt Entities (NTEE), this study divides nonprofits according to service type and estimates the impact of service character on particular revenue streams and overall revenue diversification. Generally, we find that the proportion of revenues generated by earned program revenues is lowest for the …

Value Discount Of Business Groups Surrounding The Asian Financial Crisis: Evidence From Korean Chaebols, James Jinho Chang, Young Jun Cho, Won Kang, Hyun-Han Shin

Research Collection School Of Accountancy

We examine the effect of business group membership on firm value in each pre-and postcrisis Korea. Consistent with prior studies, results show that group affiliated chaebol firms suffer value discount relative to non-chaebol firms in the precrisis period. However, we also find that chaebol firms experience an improvement in firm value relative to non-chaebol firms after the financial crisis. These findings imply that the value discount of business groups reported in prior studies is not an inevitable consequence of diversification, but can be alleviated or overcome by structural reforms in business practices or economic conditions.

The Dynamics Of Income Diversification In Ethiopia: Evidence From Panel Data, Adugna Lemi

Economics Faculty Publication Series

Block and Webb (2001) in Food Policy address the issue of the dynamics of livelihood diversification in Ethiopia. Their study uses the ratio of per capita income derived from crops to the sum of all other incomes as an indicator of livelihood diversification for the years 1989 and 1994. Their study focuses only on drought-prone areas during the survey years. The aim of the present study is to explore further the demographic and economic determinants of the dynamics of income diversification using survey data. The data used in this study cover larger and more representative sample and was colleted from …

The Effects Of Ownership And Capital Structure On Board Composition And Strategic Diversification In Japanese Corporations, Toru Yoshikawa, Phillip H. Phan

Research Collection Lee Kong Chian School Of Business

The board of directors plays an important role in solving the agency problem between shareholders and management. This paper investigates the relationships between ownership and board structure with the diversification strategy of large Japanese firms. The results show that corporate nominee directors are associated with lower levels of product diversification of their investee firms. This suggests that nominee directors in large Japanese corporations see themselves representing specific interests and therefore investors should pay attention to board composition in order to assess the level of protection they can expect to receive. Even without any apparent agency problem with management, there remains …

Cultural Diversification And Decimation In The Prehistoric Record, William C. Prentiss, James C. Chatters

Anthropology and Museum Studies Faculty Scholarship

The history of human cultures is frequently marked by a distinctive pattern of evolution that paleobiologists term diversification and decimation. Under this process, fundamentally new socioeconomic systems appear during periods of dramatic cultural diversification, typically through cultural cladogenesis. Significant diversification episodes come about under conditions that favor group economic success under effective or geographic isolation. Typically shortlived, they are often followed by abrupt decimation under more competitive economic conditions. Regional archaeological sequences, viewed from this perspective, suggest that (1) cultural evolutionary trends are strongly conditioned by historical contingency, though general evolutionary processes are continuously active; (2) the emergence of new …

Progress Rural Western Australia 2000 Conference Proceedings, 18 And 19 August 2000, Fairbridge Farm, Pinjarra, Western Australia., Department Of Agriculture And Food, Western Australia, Progress Rural Western Australia.

All other publications

Conference Aims and Objectives

Aim

To assist in the creation of an excellent life for people in rural. WA

Objectives

• To provide an opportunity for people from right across rural Western Australia to share ideas, learn from each other, energise and develop new skills and knowledge
• To allow conference participants to develop an understanding/about the cutting edge of regional branding and marketing
• To showcase, explore and celebrate successes in agricultural innovations and entrepreneurship
• To motivate people to be pro-active at the planning and implementation level in rural communities.
• To facilitate the development of cohesive, inclusive rural communities that work together …

Partial Farm Budgeting; Value Based Marketing In The Beef Industry, Burton Pflueger, Dillion Feuz, John Wagner

Economics Commentator

No abstract provided.