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Would Revenue Insurance Have Paid During The 1993 Flood?, Chad Hart, Darnell B. Smith 2016 Iowa State University

Would Revenue Insurance Have Paid During The 1993 Flood?, Chad Hart, Darnell B. Smith

Chad Hart

This year has seen the emergence of two new crop revenue insurance products: Income Protection (lP) and Crop Revenue Coverage (CRC). With emphasis on revenue, the new products depart from traditional multiple-peril crop insurance (MPCI), that provides protection only against yield shortfalls.


Measurement Of The Ocean Economy From National Income Accounts To The Sustainable Blue Economy, Charles S. Colgan 2016 Middlebury Institute of International Studies at Monterey

Measurement Of The Ocean Economy From National Income Accounts To The Sustainable Blue Economy, Charles S. Colgan

Journal of Ocean and Coastal Economics

The widespread efforts to incorporate the economic values of oceans into national income accounts have reached a stage where coordination of national efforts is desirable. A symposium held in 2015 began this process by bringing together representatives from ten countries. The symposium concluded that a definition of core ocean industries was possible but beyond that core the definition of ocean industries is in flux. Better coordination of ocean income accounts will require addressing issues of aggregation, geography, partial ocean industries, confidential, and imputation is also needed. Beyond the standard national income accounts, a need to incorporate environmental resource and ecosystem ...


The Influence Of The Electric Supply Industry On Economic Growth In Less Developed Countries, Edward Richard Bee 2016 University of Southern Mississippi

The Influence Of The Electric Supply Industry On Economic Growth In Less Developed Countries, Edward Richard Bee

Dissertations

This study measures the impact that electrical outages have on manufacturing production in 135 less developed countries using stochastic frontier analysis and data from World Bank’s Investment Climate surveys. Outages of electricity, for firms with and without backup power sources, are the most frequently cited constraint on manufacturing growth in these surveys.

Outages are shown to reduce output below the production frontier by almost five percent in Africa and by a lower percentage in South Asia, Southeast Asia and the Middle East and North Africa. Production response to outages is quadratic in form. Outages also increase labor cost, reduce ...


A Macroeconomic Approach To Optimal Unemployment Insurance: Theory, Camille Landais, Pascal Michaillat, Emmanuel Saez 2016 London School of Economics and Political Science

A Macroeconomic Approach To Optimal Unemployment Insurance: Theory, Camille Landais, Pascal Michaillat, Emmanuel Saez

Pascal Michaillat

This paper develops a theory of optimal unemployment insurance (UI) in matching models. The optimal UI replacement rate is the conventional Baily-Chetty replacement rate, which solves the tradeoff between insurance and job-search incentives, plus a correction term, which is positive when an increase in UI pushes the labor market tightness toward its efficient level. In matching models most wage mechanisms do not ensure efficiency so tightness is generally inefficient. The effect of UI on tightness depends on the model: increasing UI may raise tightness by alleviating the rat race for jobs or lower tightness by increasing wages through bargaining. 


Persistence In Industrial Policy Impacts: Evidence From Depression-Era Mississippi, Matthew Freedman 2016 Drexel University

Persistence In Industrial Policy Impacts: Evidence From Depression-Era Mississippi, Matthew Freedman

Matthew Freedman

This paper studies the effects of a large-scale industrial policy implemented in 1930s Mississippi on contemporaneous and modern-day labor market outcomes. Attracted by unprecedented government incentives under Mississippi’s Balance Agriculture with Industry (BAWI) Program, 13 large manufacturing plants established operations in the state between 1936 and 1940. Using difference-in-differences and synthetic control matching techniques, I estimate that counties that received these plants experienced an over 15% increase in female labor force participation on average in the short run. Moreover, these effects persisted decades into the future, well after many of the original companies shut down. I also find suggestive ...


Policy Shocks And Market-Based Regulations: Evidence From The Renewable Fuel Standard, Gabriel E. Lade, C.-Y. Cynthia Lin Lawell, Aaron Smith 2016 Iowa State University

Policy Shocks And Market-Based Regulations: Evidence From The Renewable Fuel Standard, Gabriel E. Lade, C.-Y. Cynthia Lin Lawell, Aaron Smith

Gabriel Lade

The Renewable Fuel Standard (RFS2) mandates large increases in U.S. biofuel consumption and is implemented using a market for tradable compliance credits, known as RINs. In early 2013, RIN prices soared, causing the regulator to propose reducing future mandates. We develop a dynamic model of RFS2 compliance to demonstrate how changes in expectations about future policy affect current compliance costs, and we use a market effciency test to demonstrate that RIN markets have behaved in accordance with our model. We then estimate empirically the effect of three “policy shocks” that reduced the expected mandates in 2013. The largest of ...


Willingness To Pay For Electric Vehicles And Their Attributes, Michael K. Hidrue, George R. Parsons, Willett Kempton, Meryl Gardner 2016 Mississippi State University

Willingness To Pay For Electric Vehicles And Their Attributes, Michael K. Hidrue, George R. Parsons, Willett Kempton, Meryl Gardner

Meryl Gardner

This paper presents a stated preference study of electric vehicle choice using data from a national survey. In our choice experiment, 3029 respondents chose between their preferred gasoline vehicle and two electric versions of their preferred gasoline vehicle. Using the response data we valued five electric vehicle attributes: driving range, charging time, fuel cost saving, pollution reduction, and performance. Driving range, fuel savings, and charging time led in importance to respondents. Individuals were willing to pay (wtp) from $35 to $75 for a mile of added driving range, with incremental wtp per mile decreasing at higher distances. They were willing ...


Forging A University Research Mission, Joshua L. Rosenbloom 2016 Iowa State University

Forging A University Research Mission, Joshua L. Rosenbloom

Joshua L. Rosenbloom

The university exists to accommodate and implement the whole human learning process, and this must include creative scholarship and research. Thus research is not an optional activity of the university, not merely a legitimate pursuit of those who may be interested and willing to dedicate their spare time, nor an assignment justified to either the university or the professor by the resultant income in dollars and publicity. Rather, research is an inescapable responsibility of the university and an inseparable part of its total educational function. "The Place of Research in the University"


The Effect Of Low-Income Housing On Neighborhood Mobility: Evidence From Linked Micro-Data, Quentin O. Brummet, Otávio C. Bartalotti 2016 United States Census Bureau

The Effect Of Low-Income Housing On Neighborhood Mobility: Evidence From Linked Micro-Data, Quentin O. Brummet, Otávio C. Bartalotti

Otávio Bartalotti

While subsidized low-income housing construction provides affordable living conditions for poor households, many observers worry that building low-income housing in poor communities induces individuals to move to poor neighborhoods. We examine this issue using detailed, nationally representative microdata constructed from linked decennial censuses. Our analysis exploits exogenous variation in low-income housing supply induced by program eligibility rules for Low-Income Housing Tax Credits to estimate the effect of subsidized housing on neighborhood mobility patterns. The results indicate little evidence to suggest a causal effect of additional low-income housing construction on the characteristics of neighborhoods to which households move. This result is ...


Aspirational Planning: A Statistical Model Of Hawthorne Bridge And Tilikum Crossing Bicycle Ride Counts, Robert McCullough, Ramon Cabauatan, Jacob Gellman 2016 McCullough Research

Aspirational Planning: A Statistical Model Of Hawthorne Bridge And Tilikum Crossing Bicycle Ride Counts, Robert Mccullough, Ramon Cabauatan, Jacob Gellman

Hatfield Graduate Journal of Public Affairs

Portland city planners have routinely planned for an increase in bicycle commutership and a decrease in automobile commutership. This paper discusses the latest data on Portland car and bicycle use. Portland and Multnomah County are observing an increase in single occupancy vehicle commuters, car ownership, and gasoline consumption. Bicycle use in Portland is found to have followed a logistic curve pattern since the early 1990s. The authors present an ordinary least squares model to explain bicycle ridership on the Hawthorne Bridge and the recently constructed Tilikum Crossing. When controlling for other factors such as weather and daylight, the Tilikum Crossing ...


Immigration, Employment Opportunities, And Criminal Behavior, Matthew Freedman, Emily Owens, Sarah Bohn 2016 Drexel University

Immigration, Employment Opportunities, And Criminal Behavior, Matthew Freedman, Emily Owens, Sarah Bohn

Matthew Freedman

We take advantage of provisions of the Immigration Reform and Control Act of 1986 (IRCA), which granted legal resident status to long-time unauthorized residents but created new obstacles to employment for more recent immigrants, to explore how employment opportunities affect criminal behavior. Exploiting administrative data on the criminal justice involvement of individuals in San Antonio, Texas and using a triple-differences strategy, we find evidence of an increase in felony charges filed against residents most likely to be affected by IRCA’s employment regulations. Our results suggest a strong relationship between access to legal jobs and criminal behavior.

Revisions requested at ...


The Cost Of Earmarks, Nicholis John Zappia 2016 California State University - San Bernardino

The Cost Of Earmarks, Nicholis John Zappia

Electronic Theses, Projects, and Dissertations

Finding revenue is a challenge that faces many municipalities in the United States. As the tax base continues to decline and demand for government services increases, local governments are forced to make hard choices. Low on the list of priorities for local governments is the maintenance, and construction of infrastructure. Traditionally there have been several ways for local governments to fund long-term infrastructure projects including, federal-aid through the process of earmarking. The practice of earmarking has been around since the first congress, but hit its peak between 2003 and 2007. The earmarking process is controversial for several reasons; earmarking bypasses ...


The Impacts Of Monetary Policies On Inflation Rates In Sudan (1970–2014).Pdf, Professor Issam A.W. Mohamed 2016 Department of Economics. Al Neelain University, Khartoum, Sudan

The Impacts Of Monetary Policies On Inflation Rates In Sudan (1970–2014).Pdf, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

"> The current paper investigates the role of fiscal and monetary policies on inflation in Sudan for the
period (1970-2014). The study assessed the impact of money supply, exchange rate, gross domestic product
(GDP), budget deficit and government expenditure on inflation. It has adopted a descriptive and analytical
method to achieve the goal. In particular, it has relied on empirical investigation based on descriptive statistic
and econometric modelling.
The results shows that several monetary, fiscal and structural factors, namely, money supply, budget deficit and
shrinking of gross domestic product are simultaneously influencing inflation in Sudan. While exchange rate and
government expenditure ...


Testing Ostrom: An Analysis Of Water User Committees In Uganda, Emily McPartlon 2016 University of San Francisco

Testing Ostrom: An Analysis Of Water User Committees In Uganda, Emily Mcpartlon

Master's Theses

In 2009 Elinor Ostrom received the Nobel Prize for her analysis of economic governance of the commons. Specifically, by challenging the conventional wisdom at the time, demonstrating how communities can successfully manage the common resources without any regulation by central authorities or privatization. Ostrom proposed eight design principles that identify the underlying criterion of institutions that have successfully maintained CPRs over time. I examine whether Ostrom’s Eight Design Principles affect the long-run functionality of borehole wells in Uganda using quantitative methods. I find that the one of the principles, clearly defined boundaries, is significant in all four estimations, and ...


Does Infant Formula Availability Reduce Breastfeeding?, Ingvild Madsen Lampe 2016 University of San Francisco

Does Infant Formula Availability Reduce Breastfeeding?, Ingvild Madsen Lampe

Master's Theses

Abstract: Several key studies highlight the importance of breastfeeding and there is a broad consensus that it plays a crucial role for a child's health and cognitive development. This is especially true for the poor in developing countries, where vulnerable infants' access to proper nutrition is vital. We investigate the effect of introducing infant formula into a market on changes in breastfeeding patterns. Using the Demographic Health Surveys and annual reports from the baby food industry between 1981 and 2002 in 11 tropical countries, we find evidence that import of infant formula significantly reduces breastfeeding duration. The effects are ...


The Effect Of Low-Income Housing On Neighborhood Mobility: Evidence From Linked Micro-Data, Quentin O. Brummet, Otávio C. Bartalotti 2016 United States Census Bureau

The Effect Of Low-Income Housing On Neighborhood Mobility: Evidence From Linked Micro-Data, Quentin O. Brummet, Otávio C. Bartalotti

Economics Working Papers (2016– )

While subsidized low-income housing construction provides affordable living conditions for poor households, many observers worry that building low-income housing in poor communities induces individuals to move to poor neighborhoods. We examine this issue using detailed, nationally representative microdata constructed from linked decennial censuses. Our analysis exploits exogenous variation in low-income housing supply induced by program eligibility rules for Low-Income Housing Tax Credits to estimate the effect of subsidized housing on neighborhood mobility patterns. The results indicate little evidence to suggest a causal effect of additional low-income housing construction on the characteristics of neighborhoods to which households move. This result is ...


When Is Grip The Right Choice For Crop Insurance?, Bruce A. Babcock, Chad E. Hart 2016 Iowa State University

When Is Grip The Right Choice For Crop Insurance?, Bruce A. Babcock, Chad E. Hart

Chad Hart

The Risk Management Agency has greatly expanded availability of Group Risk Income Protection (GRIP) for 2006. Covered crops now include corn, soybeans, grain sorghum, wheat, and cotton in most major production regions. Now that GRIP is widely available, many farmers and their crop insurance agents are considering whether GRIP could be the right crop insurance choice for 2006. As we will show, the answer varies by farm and production region.


Time For A New Farmer-Owned Reserve?, Chad E. Hart, Bruce A. Babcock 2016 Iowa State University

Time For A New Farmer-Owned Reserve?, Chad E. Hart, Bruce A. Babcock

Chad Hart

Because of low harvest prices over the last three years, several congressmen and agricultural advisors are calling for increased government involvement in grain stock management in the belief that the government should remove grain from the market when prices are low and return it to the market when prices recover. Proposals for government involvement run from a simple extension of the loan period to the establishment of a new Farmer-Owned Reserve (FOR) program, whereby the government subsidizes long-term storage of grain. To gain insight into whether government involvement in grain markets should increase, the authors discuss various lessons that can ...


Weak Spots In The Agricultural Safety Net, Chad E. Hart 2016 Iowa State University

Weak Spots In The Agricultural Safety Net, Chad E. Hart

Chad Hart

Congress added new programs under the 2002 farm bill to expand the safety net for agricultural producers. Countercyclical payments and marketing loan benefits compensate for low prices. Crop insurance and non-insured crop disaster assistance programs reduce risks from low yields. Direct payments provide income support. But the call for additional support to cover pricing and production emergencies has not subsided. Why?


The New Acre Program: Frequently Asked Questions, Bruce A. Babcock, Chad E. Hart 2016 Iowa State University

The New Acre Program: Frequently Asked Questions, Bruce A. Babcock, Chad E. Hart

Chad Hart

ACRE, which is an acronym for Average Crop Revenue Election, is a new commodity program included in the Food, Conservation and Energy Act of 2008 (the 2008 farm bill). Farmers can choose to participate in ACRE or they can continue to enroll in traditional commodity programs. ACRE is designed to provide revenue support to farmers as an alternative to the price support that farmers are used to receiving from commodity programs. Here, we answer some frequently asked questions about this new program.


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