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Social and Behavioral Sciences Commons

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Western Kentucky University

Masters Theses & Specialist Projects

1975

Economics

Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

An Application Of The Income Elasticity Concept To The Demand For Housing, Loyce Bagwell May 1975

An Application Of The Income Elasticity Concept To The Demand For Housing, Loyce Bagwell

Masters Theses & Specialist Projects

Many studies approach the housing-income relationship by calculating the income elasticity of demand for housing. This study employs this approach in order to (1) test the implications of the permanent income hypothesis by using data which provide both biased and unbiased elasticity coefficients and (2) test the effects which the explanatory variable, family composition, may have on the elasticity coefficients.

The methodology involves regressing the log of housing expenditure on the log of disposable income for seven different family compositions in order to obtain the income elasticity coefficients. This approach is applied to data (cross section 1960-61 BLS consumer surveys) …


A Study Of The Recreational Impact On Nolin Flood Control Reservoir In West Central Kentucky, Afolabi Adedibu May 1975

A Study Of The Recreational Impact On Nolin Flood Control Reservoir In West Central Kentucky, Afolabi Adedibu

Masters Theses & Specialist Projects

The purposes of this study are: (1) to consider factors that influenced the creation of Nolin Reservoir, and the selection of its recreation sites, (2) to consider the growth and the variations in attendance and participation in activities as a function of quantity and quality of available facilities and accessibility, and (3) to trace the changes that the creation of the reservoir has brought on the surrounding land use, value and ownership. Through the use of questionnaires, interviews and field investigations, the purposes were accomplished.

Nolin Reservoir was constructed by the Army Corps of Engineers. After extensive study, the cost …