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The L. & H. Huning Mercantile Company: A Case Study Of Mercantile Conquest In The Rio Abajo Region Of New Mexico, 1848-1880, Ricardo S. Gonzales

History ETDs

This master’s thesis is a case study of the L. & H. Huning Mercantile Company, a mercantile partnership in New Mexico during the territorial period. Louis and Henry Huning, a pair of brothers who immigrated to New Mexico from Germany in 1859, established wholesale and retail enterprises in the Arizona and New Mexico territories. Their main storehouse was founded in Los Lunas, New Mexico, in 1871 following the departure of Erhardt Franz to St. Louis.

L. & H. Huning became a successful merchandising business in the Rio Abajo by establishing a mercantile monopoly in Los Lunas. The introduction of free-market …

Out Of The Outhouse: The Impact Of Place-Based Policies On Dwelling Characteristics In Appalachia, Daniel S. Grossman, Brad R. Humphreys, Jane E. Ruseski

Economics Faculty Working Papers Series

The Appalachian Regional Commission (ARC) administers and partially funds investment projects designed to improve economic conditions in the Appalachian Region, an area of persistent poverty and reduced economic opportunity in the eastern US in and around the Appalachian mountains. Previous research on the effectiveness of ARC programs is mixed. We analyze the impact of ARC investment projects related to expanding sewerage and waste water treatment on dwelling characteristics. Results from a difference-in-differences model using a quasi experimental approach show that ARC investment projects improved access to running water, and increased sewer hook-ups and indoor bathrooms in dwellings.

Immigration: Rhetoric Vs. Empirical Evidence, Kolleen Rask

HCAA Continuing Education Day

Questions about immigration not only took center stage in last year’s presidential election, but they also proved to be extremely divisive for the country. Many people have a “sense” of why immigration is good or bad for the United States, sometimes formed on the basis of a specific story that shows a good or bad outcome, sometimes based on a broader utopian or dystopian view of the world. But few have taken the time to really study the issue or even consider what questions should be asked. We’ll look at immigration into the United States – both legal and undocumented …

Woody Biomass Processing And Rural Regional Development, Randall Jackson, Péter Járosi, Amir Borges Ferreira Neto, Elham Erfanian

Regional Research Institute Working Papers

This paper reports on economic and environmental impacts of introducing woody biomass processing in an economically distressed area in central Appalachia, one of the more heavily forested areas in the U.S. Woody biomass is a readily available unconventional energy source that has the potential to boost the rural region’s economy. We use a static regional computable general equilibrium model to assess regional economic impacts of two different WBP production pathways, biomass to ethanol and biomass to biofuel via fast pyrolysis. In an economy with a workforce approaching 160,000, we find that introducing woody biomass ethanol or fast pyrolysis processing would …

The New North: Patents And Knowledge Economy In Alaska, Salma Zbeed

Annual Graduate Student Symposium

Alaska's economy has taken a direct hit as world oil prices plunged from a high well above $100 per barrel to very low prices per barrel, the analysts predicting output will continue to dwindle in the years to come. As a result of Alaska's full-blown dependence on oil money, the state now faces a budget deficit. Investment in knowledge –based economy seems to be appealing, and involving the human capacities is necessary. As the Alaska economy continues to recover from the recent financial crisis, the focus is now shifting towards how new sources of economic growth can be fostered that …

Technical Document For Computing Coal Dependent Employment Estimates, Randall Jackson

Regional Research Institute Technical Documents

This document presents the basis for estimating coal-dependent employment in a reference region, then establishing a weighting factor for each industry that can be used to provide a quantitative estimate of the existing employment or employment change in a county that can be attributed to existing or change in coal employment. The Matlab function is provided. Although coal is the industry of interest in this document, any other industry could be targeted for similar study.

What Are The Financial Implications Of Public Quality Disclosure? Evidence From New York City’S Restaurant Food Safety Grading Policy, Rachel Meltzer, Michah W. Rothbart, Amy Ellen Schwartz, Thad Calabrese, Diana Silver, Tod Mijanovich, Meryle Weinstein

Center for Policy Research

Grading schemes are an increasingly common method of quality disclosure for public services. Restaurant grading makes information about food safety practices more readily available and may reduce the prevalence of foodborne illnesses. However, it may also have meaningful financial repercussions. Using fine-grained administrative data that tracks food safety compliance and sales activity for the universe of graded restaurants in New York City and its bordering counties, we assess the aggregate financial effects from restaurant grading. Results indicate that the grading policy, after an initial period of adjustment, improves restaurants’ food safety compliance and reduces fines. While the average effect on …

To What Degree Do Retail Electricity Prices Inform Residential Solar Energy Investment Decisions?, Megan M. Davitt

Economics Honors Projects

The relationship between electricity price and household solar photovoltaic (PV) adoption has not been thoroughly studied. How much would a carbon tax, and increase in electricity price, spur growth in residential solar? This paper adds to the literature with a utility-level panel analysis. Consumer choice theory provides the framework for the empirical models. I use electricity price and net metered solar PV capacity data from the Energy Information Administration (EIA). Through a variety of specifications, I control for both utility and state-year effects. My findings suggest that electricity price is significantly positively correlated with solar adoption, with an estimated price …

Effects Of New Grocery Store Development On Inner-City Neighborhood Residential Prices, Belkis Cerrato Caceres, Jacqueline Geoghegan

Economics

A difference-in-differences approach is used to measure the impact of new inner-city grocery store developments on residential housing values in Worcester, Massachusetts. Using geocoded housing sales from 1988-2011, we develop a hedonic model, exploiting temporal and spatial discontinuities, to identify the effect of 12 new grocery stores on neighborhood housing prices. Results suggest these new stores were associated with an increase in sale prices of nearby homes, and these results could help inform current policies related to urban food deserts, in that new grocery stores have the potential to improve neighborhood wealth as well as health.

Mexico Consensus Economic Forecast, Volume 20, Number 2, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

No abstract provided.

‘Community Of Schools’: A Case Study Of Development, Participation And Integration In Cato Manor Township, South Africa, Anthony L. Wagner

Student Publications

By the end of the twentieth century, a subfield of anthropology known as critical development studies emerged - in large part due to the work of James Ferguson and Arturo Escobar - as a critique of post-colonial development programs and NGOs of the West that were at work in much of the developing world - most notably sub-Saharan Africa. Development was largely panned by these early researchers as a means by which Western powers habituated problems in the developing world so as to create a profitable industry of development. Contemporary anthropological inquiries have called for an increasingly field-based approach to …

Kali Gandaki: The Road From Lower Mustang To A Global Food Market, Austin Van Wart

Independent Study Project (ISP) Collection

Development in Nepal continues to be a major issue in both metropolitan and rural areas of the country. Of the many obstacles standing in the way of this objective, one of the most challenging is the mountainous geography that shapes the country’s lands, culture, and people. To overcome this obstacle, Nepal has followed many other developing countries by making rural road development a main priority in hopes of increasing connectivity, travel, trade, education, and accessibility to other benefits. One such example of this is the Kali Gandaki road in Lower Mustang.

The purpose of this research paper is to identify …

La Lucha Por Kimsakocha: Resistencia Contra La Minería En Azuay, Ecuador \ The Struggle For Kimsakocha: Resistance Against Mining In Azuay, Ecuador, Lydia Petroske

Independent Study Project (ISP) Collection

En Ecuador, hay una “reprimarización” de la economía, un fenómeno por el que se produce una creciente dependencia en exportaciones de productos primarios como recursos no renovables. Este fenómeno ha sido acompañado con una retórica estatal sobre pobreza y deuda social. Para el gobierno del estado, la industria extractiva es parte importante de su estrategia y retórica para hacer inversión social y combatir la pobreza, lo cual ha justificado una rápida expansión del sector extractivista. En el sur de Ecuador, la gente de las parroquias de Victoria del Portete y Tarqui ha estado luchando por más de 15 años contra …

The Cultural Transmission Of Trust Norms: Evidence From A Lab In The Field On A Natural Experiment, Jared Rubin, Elira Karaja

ESI Working Papers

We conduct trust games in three villages in a northeastern Romanian commune. From 1775-1919, these villages were arbitrarily assigned to opposite sides of the Habsburg and Ottoman/Russian border despite being located seven kilometers apart. Russian and Ottoman Öscal institutions were more rapacious than Habsburg institutions, which may have eroded trust of outsiders (relative to co-villagers). Our design permits us to rigorously test this conjecture, and more generally, whether historically institutionalized cultural norms are transmitted intergenerationally. We Önd that participants on the Ottoman/Russian side are indeed less likely to trust outsiders but more likely to trust co-villagers.

Professional Sporting Events And Traffic: Evidence From Us Cities, Brad R. Humphreys, Hyunwoong Pyun

Economics Faculty Working Papers Series

Sporting events concentrate people at specific locations on game day. No empirical evidence currently exists linking sporting events to local traffic conditions. We analyze urban mobility data from 25 US metropolitan areas with MLB teams over the period 1990 to 2014 to assess the relationship between local traffic and Major League Baseball (MLB) games. Instrumental variable regression results indicate MLB attendance causes increases in local vehicle-miles traveled. At the sample average attendance of 2.8 million, average daily vehicle-miles traveled increases by about 6.9% in cities with MLB teams. Traffic congestion increases by 2%, suggesting that MLB games generate congestion externalities.

Returns To Large-Scale Public School Pre-K Programs: Evidence From Within All States, Timothy J. Bartik, Brad J. Hershbein

Presentations

No abstract provided.

Testing The Medical Arms Race Hypothesis: A Spatial Approach, Robyn M. Kibler

USF Tampa Graduate Theses and Dissertations

The surgical robot experienced rapid uptake throughout hospitals in the US despite lack of clinical evidence that it is superior to existing methods and undeterred by its high cost. This type of technology may be a “weapon” in the medical arms race hypothesis which asserts that competition among hospitals may be welfare reducing wherein it encourages resource use that is not commensurate with beneficial health outcomes. This paper is a case-study of the diffusion of the surgical robot among hospitals in Florida. We address the medical arms race hypothesis directly by investigating whether a hospital’s decision to adopt a robot …

Does Regulation Of Physicians Reduce Health Care Spending?, Scott Barkowski

Publications

The medical community argues that physician fear of legal liability increases health care spending. Theoretically, though, the effect could be positive or negative, and empirical evidence has supported both cases. Previous studies, however, have ignored the fact that physicians face risk from industry oversight groups like state-level medical licensing boards in addition to civil litigation risk. This article addresses this omission by incorporating previously unused data on punishments by oversight groups against physicians, known as adverse actions, along with malpractice payments data to study state-level health care spending. My analysis suggests that, contrary to conventional wisdom, spending does not rise …

Rulers, Religion, And Riches: Why The West Got Rich And The Middle East Did Not, Jared Rubin

Economics Faculty Books and Book Chapters

For centuries following the spread of Islam, the Middle East was far ahead of Europe. Yet, the modern economy was born in Europe. Why was it not born in the Middle East? In this book Jared Rubin examines the role that Islam played in this reversal of fortunes. It argues that the religion itself is not to blame; the importance of religious legitimacy in Middle Eastern politics was the primary culprit. Muslim religious authorities were given an important seat at the political bargaining table, which they used to block important advancements such as the printing press and lending at interest. …

The Economic Impact Of The Huron River, Grand Valley State University, Paul Isely, Christian Glupker, Erik E. Nordman, Julie M. Cowie, Hailey Lamay

Other Faculty Publications

The Huron River and Huron River Water Trail are estimated to have the following economic impact on the five-county region in which they are located:

• $53.5M in annual economic output, which is the sum of $29.9M in direct spending and $23.6M in indirect and induced spending
• 641 local jobs added to the region
• $628M in added property value
• $150M in annual environmental value
• 2.6M visitor days

Determinants Of Urban Land Supply In China: How Do Political Factors Matter?, Wen-Tai Hsu, Xiaolu Li, Yang Tang, Jing Wu

Research Collection School Of Economics

This paper explores two political factors for their potential effects on urban land supply in China: corruption, and competition for promotion. We find that standard urban economic predictions hold in the sense that both population and income increases are strongly significant determinants for the increase in urban land supply. Conditional on these demand-side factors, we find that the usage of two-stage auctions (as a proxy for corruption) is highly correlated with the increase in land supply. The corruption effects are strongest for commercial land, followed by residential land and then industrial land. To shed light on the competition motives among …

Joint Spatial Time Series Epidemiological Analysis Of Malaria And Cutaneous Leishmaniasis Infection, O. A. Adegboye, M. Al-Saghir, Denis H. Y. Leung

Research Collection School Of Economics

Malaria and leishmaniasis are among the two most important health problems of many developing countries especially in the Middle East and North Africa. It is common for vector-borne infectious diseases to have similar hotspots which may be attributed to the overlapping ecological distribution of the vector. Hotspot analyses were conducted to simultaneously detect the location of local hotspots and test their statistical significance. Spatial scan statistics were used to detect and test hotspots of malaria and cutaneous leishmaniasis (CL) in Afghanistan in 2009. A multivariate negative binomial model was used to simultaneously assess the effects of environmental variables on malaria …

The Altruistic Rich? Inequality And Other-Regarding Preferences For Redistribution, Matthew Dimick, David Rueda, Daniel Stegmueller

Journal Articles

What determines support among individuals for redistributive policies? Do individuals care about others when they assess the consequences of redistribution? This article proposes a model of other-regarding preferences for redistribution, which we term income-dependent altruism. Our model predicts that an individual’s preferred level of redistribution is decreasing in income, increasing in inequality, and, more importantly, that the inequality effect is increasing in income. Thus, even though the rich prefer less redistribution than the poor, the rich are more responsive, in a positive way, to changes in inequality than are the poor. We contrast these results with several other prominent …

Developing Information And Communication Technologies For Education In Haiti, Nabeel Janjua, Yan Li, Manoj Thomas

VA Engage Journal

This research aims to aid in developing educational technologies for students and teachers in Haiti. The goal of the research project is to increase computer familiarity and literacy. To achieve this objective, a design science and mixed methods approach is developed. The design science approach focuses on building prototype artifacts consisting of software tutorials, computer on a stick, and Internet in a box. The qualitative and quantitative research methods consist of visual comprehension, discussion with students and teachers, data gathering and analysis through census and survey processing systems. Quantitative data is still being analyzed. Both methods may be utilized for …

Global Collateral: How Financial Innovation Drives Capital Flows And Increases Financial Instability, Ana Fostel, John Geanakoplos, Gregory Phelan

Cowles Foundation Discussion Papers

We show that cross-border financial flows arise when countries differ in their abilities to use assets as collateral. Financial integration is a way of sharing scarce collateral. The ability of one country to leverage and tranche assets provides attractive financial contracts to investors in the other country, and general equilibrium effects on prices create opportunities for investors in the financially advanced country to invest abroad. Foreign demand for collateral and for collateral-backed financial promises increases the collateral value of domestic assets, and cheap foreign assets provide attractive returns to investors who do not demand collateral to issue promises. Gross global …

Zone Pricing In Retail Oligopoly, Brian Adams, Kevin R. Williams

Cowles Foundation Discussion Papers

We quantify the welfare effects of zone pricing, or setting common prices across distinct markets, in retail oligopoly. Although monopolists can only increase profits by price discriminating, this need not be true when firms face competition. With novel data covering the retail home improvement industry, we find that Home Depot would benefit from finer pricing but that Lowe’s would prefer coarser pricing. The use of zone pricing softens competition in markets where firms compete, but it shields consumers from higher prices in markets where firms might otherwise exercise market power. Overall, zone pricing produces higher consumer surplus than finer pricing …

Zone Pricing In Retail Oligopoly, Brian Adams, Kevin R. Williams

Cowles Foundation Discussion Papers

We quantify the welfare effects of zone pricing, or setting common prices across distinct markets, in retail oligopoly. Although monopolists can only increase profits by price discriminating, this need not be true when firms face competition. With novel data covering the retail home improvement industry, we find that Home Depot would benefit from finer pricing but that Lowe’s would prefer coarser pricing. Zone pricing softens competition in markets where firms compete, but it shields consumers from higher prices in rural markets, where firms might otherwise exercise market power. Overall, zone pricing produces higher consumer surplus than finer price discrimination does.

Zone Pricing In Retail Oligopoly, Brian Adams, Kevin R. Williams

Cowles Foundation Discussion Papers

We quantify the welfare effects of zone pricing, or setting common prices across distinct markets, in retail oligopoly. Although monopolists can only increase profits by price discriminating, this need not be true when firms face competition. With novel data covering the retail home improvement industry, we find that Home Depot would benefit from finer pricing but that Lowe’s would prefer coarser pricing. Zone pricing softens competition in markets where firms compete, but it shields consumers from higher prices in markets where firms might otherwise exercise market power. Overall, zone pricing produces higher consumer surplus than finer pricing discrimination does.

Medicaid, Family Spending, And The Financial Implications Of Crowd-Out, Marcus Dillender

Upjohn Institute Working Papers

A primary purpose of health insurance is to protect families from medical expenditure risk. Despite this goal and despite the fact that research has found that Medicaid can crowd out private coverage, little is known about the effect of Medicaid on families' spending patterns. This paper implements a simulated instrumental variables strategy with data from the Consumer Expenditure Survey to estimate the effect of an additional family member becoming eligible from Medicaid on family-level health insurance coverage and spending. The results indicate that an additional family member becoming eligible for Medicaid increases the number of people in the family with …

Local Immigration Enforcement Entrepreneurship In The Punishment Marketplace, Daniel L. Stageman

Dissertations, Theses, and Capstone Projects

The contemporary neoliberal economic order plays a significant role in American social organization and policy-making. Most importantly, neoliberal ideology drives the creation and imposition of markets in public goods and services and the valorization of free market ideology in cultural life. The neoliberal ‘project of inequality’ is in turn delimited and upheld by an authoritarian system of punishment built around mass incarceration, surveillance, and an unprecedented level of social control directed at the lowest strata of American society – a group that includes both the urban underclass, and unauthorized immigrants.

This study lays out the theory of the punishment marketplace …