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Wage Inequality In The Manufacturing Sector Of The Mexico And Its Regions, According To The Trade Opening, 2005-2015, Reyna E. Rodríguez Pérez, Vicente German-Soto, Crhistian Joel González Cuatianquis 2016 Universidad Autónoma de Coahuila

Wage Inequality In The Manufacturing Sector Of The Mexico And Its Regions, According To The Trade Opening, 2005-2015, Reyna E. Rodríguez Pérez, Vicente German-Soto, Crhistian Joel González Cuatianquis

Vicente German-Soto

This paper analyzes the evolution of wage inequality in the manufacturing sector of the regions of Mexico, according to the grade of exposition to trade opening. The methodology consists in measuring the wage inequality through the Theil index decomposition; it is calculated from data of the Survey of Occupation and Employment (ENOE) 2005 and 2015. The results indicate that wage inequality has decreased in Mexico and in its regions by 2015, especially in those areas with low exposition to trade opening. The gap decomposition shows that the intra-part is the principal source of inequality, which is higher in the sex-classification ...


Elements Of Cattle Feeding Profitability In Midwest Feedlots, John Lawrence, Zhi Wang, Dan Loy 2016 Iowa State University

Elements Of Cattle Feeding Profitability In Midwest Feedlots, John Lawrence, Zhi Wang, Dan Loy

John Lawrence

Conventional wisdom and earlier research have concluded that cattle feeding profitability is more determined by feeder and fed cattle prices than by animal performance. This study examined cross-sectional and time-series data from over 1600 pens of cattle in more than 220 feedlots in the upper Midwest where weather and lot conditions are thought to influence feedlot profitability. In addition to input and output prices and animal performance, other factors found to significantly impact cattle feeding profitability were sex, placement weight, facility design, and to a lesser extent placement season.


Central Minnesota Economic And Business Conditions Report - Third Quarter 2016, King Banaian, Richard A. MacDonald 2016 St. Cloud State University

Central Minnesota Economic And Business Conditions Report - Third Quarter 2016, King Banaian, Richard A. Macdonald

Central Minnesota Economic and Business Conditions Report

The Central Minnesota planning area is expected to experience a slowing of economic growth over the next several months according to predictions of the Central Minnesota Index of Leading Economic Indicators (LEI). The leading index fell by 2.90 points in the most recent period, with three components producing negative readings. Weakness in a general measure of statewide business conditions along with slowing residential building permits in the St. Cloud area helped tip the index down this quarter. An increase in initial jobless claims in Central Minnesota also had a negative impact on the LEI in the third quarter. An ...


Northwest Minnesota Economic And Business Conditions Report - Third Quarter 2016, King Banaian, Richard A. MacDonald 2016 St. Cloud State University

Northwest Minnesota Economic And Business Conditions Report - Third Quarter 2016, King Banaian, Richard A. Macdonald

Northwest Minnesota Economic and Business Conditions Report

The Northwest Minnesota planning area economy is expected to continue to grow at a pace that is somewhat below normal over the next several months according to the predictions of the St. Cloud State University (SCSU) Northwest Minnesota Index of Leading Economic Indicators (LEI). Two of the five components of the leading index were lower in the third quarter, as the LEI fell by 0.81 points. A declining Rural Mainstreet Index (which signals a more challenging macroeconomic environment for rural America) and weaker consumer sentiment helped drive the index lower. Lower initial jobless claims and rising new filings for ...


Northeast Minnesota Economic And Business Conditions Report - Third Quarter 2016, King Banaian, Richard A. MacDonald 2016 St. Cloud State University

Northeast Minnesota Economic And Business Conditions Report - Third Quarter 2016, King Banaian, Richard A. Macdonald

Northeast Minnesota Economic and Business Conditions Report

A deceleration of economic growth in Northeast Minnesota is expected over the next several months according to the predictions of the Northeast Minnesota Index of Leading Economic Indicators (LEI). Two of the five components of the LEI increased as the overall index fell by 1.36 points in the third quarter. An increase in new filings of incorporation in the Northeast Minnesota planning area and lower initial jobless claims had a positive impact on the LEI, while recent weakness in a general measure of statewide business conditions and a fall in a supply managers’ survey helped drive the index lower ...


Southeast Minnesota Economic And Business Conditions Report - Third Quarter 2016, King Banaian, Richard A. MacDonald 2016 St. Cloud State University

Southeast Minnesota Economic And Business Conditions Report - Third Quarter 2016, King Banaian, Richard A. Macdonald

Southeast Minnesota Economic and Business Conditions Report

Acceleration of economic growth in Southeast Minnesota is expected over the next several months according to the most recent prediction of the Southeast Minnesota Index of Leading Economic Indicators (LEI). After a quarter in which the LEI experienced a 3.18 point decline, the Southeast Minnesota leading index reversed course by rising 2.34 points in the third quarter of 2016. The increased LEI was led by a rise in the number of residential building permits in Rochester as well as higher new filings of incorporation and LLC in the Southeast Minnesota planning area. Three components of the LEI had ...


Southwest Minnesota Economic And Business Conditions Report - Third Quarter 2016, King Banaian, Richard A. MacDonald 2016 St. Cloud State University

Southwest Minnesota Economic And Business Conditions Report - Third Quarter 2016, King Banaian, Richard A. Macdonald

Southwest Minnesota Economic and Business Conditions Report

Normal economic growth in Southwest Minnesota is expected over the next several months according to the predictions of the St. Cloud State University (SCSU) Southwest Minnesota Index of Leading Economic Indicators (LEI). Two of four LEI components were positive in the third quarter. An increase in new filings of incorporation and LLC and a jump in Mankato residential building permits made favorable contributions to the LEI this quarter. An increase in initial jobless claims and weakness in the rural outlook weighed on the index. After rising 1.27 points in the second quarter, the Southwest Minnesota LEI was essentially flat ...


Solar Urban Planning: Addressing Barriers And Conflicts Specific To Renewable Energy Policy And The Current Field And Practice Of Urban Planning Within The Context Of A Changing Climate, Toryl P. Hanna 2016 SIT Graduate Institute

Solar Urban Planning: Addressing Barriers And Conflicts Specific To Renewable Energy Policy And The Current Field And Practice Of Urban Planning Within The Context Of A Changing Climate, Toryl P. Hanna

Capstone Collection

The world is in a period of rapid urbanization while experiencing unprecedented rise in global temperature as a result of climate change. Questions have been raised as to how strategies for urbanization will be able to address the fetish for energy, while halting carbon emissions produced by traditional energy sources for urban inhabitants around the world. First, this paper seeks to look to cities, at the intersection of solar energy and the field of urban planning, looking into the opportunities and challenges that are currently surfacing. Conflicts and barriers in traditional urban land use patterns emerge as a topic of ...


Inference Based On Alternative Bootstrapping Methods In Spatial Models With An Application To County Income Growth In The United States, Daniel C. Monchuk, Dermot J. Hayes, John A. Miranowski 2016 University of Southern Mississippi

Inference Based On Alternative Bootstrapping Methods In Spatial Models With An Application To County Income Growth In The United States, Daniel C. Monchuk, Dermot J. Hayes, John A. Miranowski

Dermot J. Hayes

This study examines correlates with aggregate county income growth across the 48 contiguous states from 1990 to 2001. Since visual inspection of the variable to be explained shows a clear spatial relationship and to control for potentially endogenous variables, we estimate a two-stage spatial error model. Given the lack of theoretical and asymptotic results for such models, we propose and implement a number of spatial bootstrap algorithms, including one allowing for heteroskedasticity, to infer parameter significance. Among the results of a comparison of the marginal effects in rural versus non-rural counties, we find that outdoor recreation and natural amenities favor ...


Fapri 1997 U.S. Agricultural Outlook, William H. Meyers, Dermot J. Hayes, Darnell B. Smith, Samarendu Mohanty, Sudhir Chaudhary, Steven L. Elmore, Jacinto F. Fabiosa, Frank Fuller, Chad Hart, Karen Kovarik, Velupillai Premakumar, James Rude, Ian Shaw, Dharmaraju Kakani, Chandrashekar Karnum, Abner W. Womack, Robert E. Young II, Gregg Suhler, Joe Trujillo, D. Scott Brown, Gary M. Adams, Wyatt Thompson, Lori Wilcox, Patrick C. Westhoff, Kevin Smith, Peter T. Zimmel, Jose Pagonda 2016 Iowa State University

Fapri 1997 U.S. Agricultural Outlook, William H. Meyers, Dermot J. Hayes, Darnell B. Smith, Samarendu Mohanty, Sudhir Chaudhary, Steven L. Elmore, Jacinto F. Fabiosa, Frank Fuller, Chad Hart, Karen Kovarik, Velupillai Premakumar, James Rude, Ian Shaw, Dharmaraju Kakani, Chandrashekar Karnum, Abner W. Womack, Robert E. Young Ii, Gregg Suhler, Joe Trujillo, D. Scott Brown, Gary M. Adams, Wyatt Thompson, Lori Wilcox, Patrick C. Westhoff, Kevin Smith, Peter T. Zimmel, Jose Pagonda

Dermot J. Hayes

The Food and Agricultural Policy Research Institute develops a long-term outlook for the world agricultural sector once each year. While the initial steps to develop the new baseline start as soon as the previous year’s baseline is completed, the work begins in earnest in September and October with a discussion of policy and macroeconomic assumptions as well as a review of the models to be used in the upcoming exercise. The preliminary baseline is developed in November and that preliminary baseline is then shared among a number of reviewers. During the first or second week of January, more than ...


Walras' Law, Pareto Efficiency, And Intermediation In Overlapping Generations Economies, Mark Pingle, Leigh Tesfatsion 2016 Iowa State University

Walras' Law, Pareto Efficiency, And Intermediation In Overlapping Generations Economies, Mark Pingle, Leigh Tesfatsion

Leigh Tesfatsion

Aiyagari (1992) demonstrates a connection between the failure of Walras' Law and nonoptimal equilibria for a version of the pure-exchange overlapping generations (OG) econ omy first studied by Samuelson (1958). The significant implication ofWalras' Law in finite economies, given all prices are positive and all consumers are locally nonsatiated, is that an excess supply (in value terms) cannot exist for some subset of goods without an excess demand (in value terms) existing forsome othersubset ofgoods. Aiyagari defines the failure of Walras' Law as a situation in which this implication of Walras' Law does not hold. His basic and interesting result ...


Europe 1992: Economic Implications For Asia, David Lim 2016 Technological and Higher Education Institute of Hong Kong, Vocational Training Council

Europe 1992: Economic Implications For Asia, David Lim

Prof. David Lim

The European Economic Community (EEC) was formed in 1957 with the signing of the Treaty of Rome. This brought together six countries (Belgium, France, West Germany, Italy, Luxemberg and the Netherlands) which were involved in the conflict of the Second World War. The Impetus for the establishment of the EEC was political but the economic gains from the operation of the scheme, popularly known as the Common Market, were so significant that eventually the original membership of six was doubled to include Denmark, Greece, Ireland, Portugal, Spain and the United Kingdom. The so-called Europe 1992 Project aims to bring about ...


Political Bargaining And Cartelization In The New Deal: Orange Marketing Orders, Elizabeth Hoffman, Gary D. Libecap 2016 Iowa State University

Political Bargaining And Cartelization In The New Deal: Orange Marketing Orders, Elizabeth Hoffman, Gary D. Libecap

Elizabeth Hoffman

Yet, in our generation we have seen scarcity vanquished, and our ever present fear, so far as agriculture is concerned, is a fear of over abundance. We wish, if not for scarcity, at least for relief from price depressing surpluses. Rexford G. Tugwell, assistant secretary of agriculture.


Measuring The Impact Of Meat Packing And Processing Facilities In The Nonmetropolitan Midwest: A Difference-In-Differences Approach, Georgeanne M. Artz, Peter F. Orazem, Daniel M. Otto 2016 University of Missouri

Measuring The Impact Of Meat Packing And Processing Facilities In The Nonmetropolitan Midwest: A Difference-In-Differences Approach, Georgeanne M. Artz, Peter F. Orazem, Daniel M. Otto

Peter Orazem

Considerable controversy exists regarding the costs and benefits of growth in the meat packing and processing industry in the rural Midwest. This study uses proprietary data from the Bureau of Labor Statistics’ Longitudinal Database (LDB) to investigate the effects of this industry on social and economic outcomes in non-metropolitan counties of twelve Midwestern states from 1990-2000. A difference-in-differences specification is used to measure how local growth in meatpacking and processing affects growth in local economies, government expenditures, and crime rates. Propensity score matching is used as a check on possible non-random placement of meatpacking and processing plants. Results suggest that ...


Rural Population Growth, 1950–1990: The Roles Of Human Capital, Industry Structure, And Government Policy, Tzu-Ling Huang, Peter F. Orazem, Darin Wohlgemuth 2016 Chung Yuan Christian University

Rural Population Growth, 1950–1990: The Roles Of Human Capital, Industry Structure, And Government Policy, Tzu-Ling Huang, Peter F. Orazem, Darin Wohlgemuth

Peter Orazem

Human capital raises rural incomes, but this effect is swamped by higher returns to human capital in urban markets. This leads to “brain drain” from rural areas. Populations grow more rapidly in rural counties that have a diversified employment base. Farm population grows faster (or declines more slowly) in counties with relatively high farm income, and nonfarm populations grow faster in counties with relatively high nonfarm income. However, higher farm incomes lead to slower nonfarm population growth and vice versa. Rural county government services financed by local taxes or debt have neutral or negative effects on population growth.


The Effects Of Housing Prices, Wages, And Commuting Time On Joint Residential And Job Location Choices, Kim S. So, Peter F. Orazem, Daniel M. Otto 2016 Iowa State University

The Effects Of Housing Prices, Wages, And Commuting Time On Joint Residential And Job Location Choices, Kim S. So, Peter F. Orazem, Daniel M. Otto

Peter Orazem

Rural areas facing declining populations and limited economic growth have attempted a variety of strategies to counter these trends. Traditional strategies include developing value- added agriculture and resource-based industries, recruiting new industrial firms, and tourism/retirement-based strategies. More recently, analysts and policymakers have reconsidered a regional system approach to developing rural places (Rusk 1995; Galston and Baehler 1995; Henry and Barkley 1997). The relatively stronger economic performance of urban centers suggests that nearby places may be able to benefit from outsourcing or networking with urban-based firms as well as allowing an expanded labor base to commute to jobs in urban ...


The Enduring Power Of Coase, Elizabeth Hoffman, Matthew L. Spitzer 2016 Iowa State University

The Enduring Power Of Coase, Elizabeth Hoffman, Matthew L. Spitzer

Elizabeth Hoffman

By many measures, Ronald Coase has been among the most influential economists of the past 60 years. Why is this so? We suggest that Coase’s work has enduring appeal to and insight for social scientists in part because it addresses the biggest and most important social problems: How do we solve governance and coordination problems when limited information, common resource issues, and public good issues produce conflicts among several people at once? Any scholar who works on issues of corporate or common-pool governance, pollution, allocation of seats on legislative committees, regulation of systemic risk in financial markets, provision of ...


Deriving Empirical Definitions Of Spatial Labor Markets: The Roles Of Competing Versus Complementary Growth, Romana Khan, Peter F. Orazem, Daniel M. Otto 2016 Northwestern University

Deriving Empirical Definitions Of Spatial Labor Markets: The Roles Of Competing Versus Complementary Growth, Romana Khan, Peter F. Orazem, Daniel M. Otto

Peter Orazem

If economic growth elsewhere raises an individual’s earning prospects relative to his present location, then the individual will move. However, if the individual can exploit economic growth elsewhere by commuting, he will not need to move to gain from the expansion. County-level data from eight states in the Midwest over the period 1969–1994 are used to show that local county population responds positively to own-county economic growth, economic growth in the adjacent county, and economic growth two counties away. The magnitude of the effect decreases as distance from the county increases, and turns negative beyond a three county ...


Editor's Introduction To The Special Edition: The Economics Of Climate Change In Coastal Areas, Charles S. Colgan 2016 Middlebury Institute of International Studies at Monterey

Editor's Introduction To The Special Edition: The Economics Of Climate Change In Coastal Areas, Charles S. Colgan

Journal of Ocean and Coastal Economics

Editor's introduction to the Special Edition on the Economics of Climate Change Adaptation in Coastal Areas


The Economics Of Climate Adaptation On America’S Coasts: A Washington Conversation, Dr. Charles Colgan 2016 Center for the Blue Economy at the Middlebury Institute of International Studies at Monterey

The Economics Of Climate Adaptation On America’S Coasts: A Washington Conversation, Dr. Charles Colgan

Journal of Ocean and Coastal Economics

Report of a colloquium on the economics of coastal climate change adaptation held in Washington D.C. on April 16, 2015. The event was sponsored by The Center for Blue Economy of the Middlebury Institute of International Studies at Monterey and the Urban Coast Institute of Monmouth University. Participants included Michael Conathan, Center for American Progress; Frank Nutter, Reinsurance Association of America; Dr. Robert Kopp, Rutgers University; Josh Sawislak, Council on Environmental Quality; Tony MacDonald, Urban Coast Institute; Jason Scorse and Charles Colgan, Center for the Blue Economy


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