Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
- Keyword
-
- Auction (1)
- Banking history (1)
- Bid (1)
- Bilateral agreements (1)
- Causality (1)
-
- Citizens & southern national bank (1)
- Deregulation (1)
- Entrepreneur (1)
- Equilibria (1)
- Equilibrium (1)
- Expected longevity (1)
- GATT (1)
- Health (1)
- Hugh mccolll (1)
- Income convergence (1)
- Information technology agreement (1)
- Information technology and trade (1)
- Ita (1)
- Mergers (1)
- North carolina national bank (1)
- Optimism (1)
- Panel data (1)
- Tariffs (1)
- Trade (1)
- Trading partners (1)
- World Trade Organization (1)
- World trade (1)
- Wto (1)
Articles 1 - 6 of 6
Full-Text Articles in Social and Behavioral Sciences
Gatt/Wto Promotes Trade Strongly: Sample Selection And Model Specification, Xuepeng Liu
Gatt/Wto Promotes Trade Strongly: Sample Selection And Model Specification, Xuepeng Liu
Faculty and Research Publications
Some recent empirical studies examine the impact of the GATT/WTO on trade. This paper investigates the sample selection bias and the gravity model specification issues in the literature. First, the GATT/WTO not only makes existing trading partners trade more at the intensive margin, but also creates new trading relationships at the extensive margin. Most existing papers exclude zero trade observations and hence ignore the extensive margin. Secondly, due to the violation of some maintained assumptions, the traditional log-linear gravity regressions fail to uncover the role of the GATT/WTO even at the intensive margin. Using a large bilateral panel dataset including …
Why Do Entreprenuers Have Higher Longevity Expectations?, Govind Hariharan, Huan Ni
Why Do Entreprenuers Have Higher Longevity Expectations?, Govind Hariharan, Huan Ni
Faculty and Research Publications
The health and lifespan of entrepreneurs not only affect their private decisions such as consumption and savings, assets transfer, life insurance and labor supply, but also their business decisions. Based on a large longitudinal data set of individuals in the United States, we find in our sample of business owners that they expect to live much longer (7.47% higher) than non business owners. Moreover, these entrepreneurs have better self-rated health, better health endowment, and are more likely to exercise frequently. In future work we will further disentangle the effects of these observable characteristics from those of unobserved heterogeneity.
The Information Technology Agreement: Sui Generis Or Model Stepping Stone?, Xuepeng Liu, Catherine L. Mann
The Information Technology Agreement: Sui Generis Or Model Stepping Stone?, Xuepeng Liu, Catherine L. Mann
Faculty and Research Publications
The Information Technology Agreement signed in 1996 is a unique trade agreement. At initial negotiation, it included less than 10 countries, by inception it ‘multilateralized’ to 44 countries and now includes 70 (of the 151) WTO members. At inception, negotiated product coverage was broad and generalized, rather than achieved via ‘request-offer’ by tariff line; it now covers 97% of trade in IT products. At inception, the signatories agreed to a timetable and specific staged tariff reductions to achieve zero tariffs on all covered products; only a few signatories asked to deviate from that common schedule. By all accounts, the agreement …
Mills B. Lane, Jr. And Enterprise In A New South, Randall L. Patton
Mills B. Lane, Jr. And Enterprise In A New South, Randall L. Patton
Faculty and Research Publications
For a century, Citizens & Southern Bank was a fixture in Georgia. In 1991, the C&S brand name disappeared in a merger with North Carolina National Bank. This was one of the bittersweet consequences of the slow, confusing swirl of bank deregulation after 1970, when institutions such as C&S simply disappeared, swallowed by the "winners" in the new competitive environment of interstate banking in the 1980s and 1990s. Even earlier, however, the Lane family had ceased to control the bank started by Mills Lane, Sr. in 1891. Mills B. Lane, Jr. was the last member of the Lane family to …
Trade And Income Convergence: Sorting Out The Causality, Xuepeng Liu
Trade And Income Convergence: Sorting Out The Causality, Xuepeng Liu
Faculty and Research Publications
This paper studies the linkage between international trade and income convergence across countries. Different theories offer conflicting predictions regarding how they might affect each other. In the existing empirical literature estimating the trade impact on income convergence, a long-lasting problem is the reverse causality from income convergence to trade. This paper provides a disaggregated bilateral trade data analysis to solve this problem. The results show that the reverse causality from income convergence to trade exists in differentiated product sectors, but not in homogeneous product sectors. Trade in homogeneous sectors reduces the income gaps among trade partners, but it is not …
Asymptotic Properties Of Equilibrium In Discriminatory And Uniform Price Ipv Multi-Unit Auctions, Brett E. Katzman
Asymptotic Properties Of Equilibrium In Discriminatory And Uniform Price Ipv Multi-Unit Auctions, Brett E. Katzman
Faculty and Research Publications
This paper confronts the tractability problems that accompany IPV auction models with multi-unit bidder demands. Utilizing a first order approach, the asymptotic properties of symmetric equilibria in discriminatory and uniform price auctions are derived. It is shown that as the number of bidders increases, equilibrium bids converge to valuations in both discriminatory auctions and uniform price auctions where the price paid is determined by the lowest winning bid, thus indicating that the limiting case of these auctions correspond to price taking as in neoclassical models of consumer behavior. However, when the uniform price paid is tied to the highest losing …