Social and Behavioral Sciences Commons^™

Industrial Structure, Campaign Contributions And Policy Outcomes. Dissertation, Andrew Ewoh

Andrew I.E. Ewoh

The study examines whether businesses in concentrated and/or highly regulated industries are more likely to make large campaign contributions in the attempt to reduce tax rates and increase retained earnings. While a number of studies have explored business-government relations, direct empirical explorations of the problem reported conflicting results. The diversity of results coupled with various explanations about the extent of business influence on public policy calls not only for further research, but also the use of alternative methodologies.

To this end, this study proposes a dual analytical framework based on contemporary theories of business power and political influence. The study …

Markdown Pricing And Cattle Supply In The Beef Packing Industry, Kyle Stiegert, Azzeddine Azzam, Wade Brorsen

Azzeddine Azzam

The authors determine the effect of anticipated and unanticipated cattle supply on the departure of fed cattle price from cattle's marginal value product. Results indicate fed cattle were priced significantly below their marginal value during thirty-one of the fifty-nine quarters between 1972 II and 1986 IV. When unanticipated supply shocks are small, markdown behavior is consistent with the hypothesis that packers follow an average processing cost pricing rule. One implication of the authors' results is that reducing industry concentration is not likely to lead to changes in cattle prices predicted by structure-conduct-performance-based studies of the industry.

The Causes And Consequences Of Webb-Pomerene Associations: A Reappraisal, James Whitney

Jim Whitney

No abstract provided.

Income And Poverty Across Smsas: A Two-Stage Analysis, Michael C. Seeborg, Robert M. Leekley

Michael Seeborg

The Short- And Long-Run Marginal Cost Curve: A Pedagogical Note, Robert L. Sexton, Philip E. Graves

Robert L Sexton

No abstract provided.