Digital Commons Network^™

R. A. Herr's Review Of Grant K. Goodman And Felix Moos's The United States And Japan In The Western Pacific: Micronesia And Papua New Guinea, R. A. Herr

Pacific Studies

No abstract provided.

Campaign Contributions And Congressional Voting: A Simultaneous Probit-Tobit Model, Henry W. Chappell Jr.

Faculty Publications

Full-information maximum likelihood (FIML) estimates of the simultaneous probit-Tobit (SPT) model suggest that effects of campaign contributions on voting are smaller than single equation probit estimates would indicate. The author has generally unable to conclude that contributions have a significant impact on voting decisions, apparently votes are most often decided on the basis of personal ideology or preferences of constituents. These findings differ markedly from earlier results of economists Gary C. Durden and Jonathan J. Silberman, whose single equation models showed a substantial impact of contributions on voting decisions. Despite the lack of significance according to model SPT, it would …

Ua68/2 Intercambio Internacional, Vol. Vii, No. 1, Wku Latin American Studies

WKU Administration Documents

Newsletter created by WKU Latin American Studies program regarding science, politics and economic advances in Latin America as well as cooperative projects between WKU and universities across Latin America. The newsletter is written in both English and Spanish.

The Political Economy Of Multinational Corportions: A Survey Of Turkey, Richard L. Reifer

Theses Digitization Project

No abstract provided.

The Economics Of Enforcement: The Case Of Osha, Michael L. Marlow

Economics

A model of enforcement is developed that determines the impacts of OSHA actions on regulated parties. This model analyzes the effect of decision procedures developed by OSHA to enforce the law and their effect on resource allocation within the firm. It is concluded that the impacts from both the initial inspection and reinspection programs on the resource allocations of firms have likely been insignificantly different from zero. If OSHA is to increase the allocation of injury control resources of firms through its enforcement program, it must increase the costs of noncompliance that it imposes on firms.

Malaysian Development Planning, David Lim

Support & Other Units (THEi)

Development planning has been described as "a deliberate governmental attempt to coordinate economic decision-making over the long-run and to influence, direct and, in some cases, even control the level and growth of a nation's principal economic variables (income, comsumption, employment, investment, saving, exports, imports, etc.) in order to achieve a pre-determined set of development objectives." One set of reasons for planning centres round the operation of the market system. Thus, market prices are often distorted and can result in a misallocation of scarce resources. Another set revolves round the need to have a rallying point for local and foreign interests …

Land Abundance, Factor Returns, And Nineteenth Century American And British Technology: A Ricardian/Linear Production Model Retrospective, Alexander J. Field

Economics

There are three closely related themes in this essay. The first has to do with the characterization of technological differences in the two regions. Contrary to the Rothbarth/Habakkuk tradition , 2 which claims that the distinctive feature of American technology was its "labor saving" quality, this essay argues, in the spirit of Ricardo's remarks, that the most distinctive feature of American in comparison with British technology in the nineteenth century was its capital-saving quality . Some representative examples of this tendency included the American practices of using structures and equipment with shorter service lives, running and depreciating their equipment more …

Workers' Compensation System In Michigan: A Closed Case Survey, H. Allan Hunt

Upjohn Press

Provides a data base for analysis of workers' comp issues in Michigan, and offers a comparison between cases from insured and self-insured employers.

Optimal Pricing In The Presence Of Experience Effects, Frank H. Clarke, M. N. Darrough, John Heineke

Economics

In this paper we analyze the problem of optimal intertemporal pricing for a monopolist when current (and past) output affect future cost and/or demand conditions through "experience" in production and/or in consumption. Learning by doing, the experience curve, contagion, habit formation, bandwagon, and snob effects are all examples of terminologies used to describe such situations. We call these "experience effects" for convenience and explore profit-maximizing pricing behavior when such effects exist

Monetary Factors And The Business Cycles, Nattasin Chongsanguan

Masters Theses

The emphasis in the study of economic fluctuations has been placed upon the disequilibrium nature of the growth process with private investment playing such a key role in generating oscillatory behavior. The view taken in this paper, however, is that fluctuations in aggregate economic activity are equilibrium phenomena. Expansionary and contractionary processes are considered as continuous adjustments along an equilibrium path through time.

The Hawtrey-Hicks monetary hypothesis is used in this study to explain irregular fluctuations in economic activity. Monetarist propositions together with rational expectations and dual-decision hypotheses are then drawn from the Hawtrey-Hicks analysis for the testing purposes. Quarterly …

The Role Of Economic Analysis In Public Range Management, B. Delworth Gardner

Faculty Publications

Economic analysis has a vital, if not indispensable, role to play in the management decisions of the Bureau of Land Management (BLM} if the national welfare is to be served effectively. This rather sweeping conclusion is justified by the nature of the management problems faced by the BLM and by the unique view of the world provided by the field of economics.

Impact Ot The Mass Media And Other Kinds Of Communication On American Tourism In Egypt, Sonia A Guirguis

Archived Theses and Dissertations

No abstract provided.

The Breakdown Of The 1960s Policy Synthesis, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Number 50, Winter 1981-82. St. Louis, Mo.

Banking And Industry Between The Two Wars: The United States, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Three versions of the paper are presented here. The main selection is from the Seminar on “Banks and Industry in the Inter-War Period”. Banco di Roma in cooperation with the Alfred P. Sloan School of Management, Massachusetts Institute of Technology, Boston, Ma. Oct. 23-24, 1981. The other two show heavy editing on the original and then a final version that appeared in The Journal of European Economic History, Vol. 13, No. 2, fall 1984, Special Issue. Rome, Italy: Banco Di Roma, 1984.

Resource Taxation With Heterogeneous Quality And Endogenous Reserves, Robert F. Conrad, Bryce Hool

Research Collection School Of Economics

This paper analyzes the impact of mining taxation on the intertemporal extraction profile for a heterogeneous ore body. The extraction profile specifies both quantities and qualities extracted in each period. Total extraction is thus endogenously determined. The taxes explicitly considered are severance taxes (ad valorem or per unit; on metal or on ore), property taxes, and profits taxes (with depletion allowance). The intertemporal framework integrates economic and geological factors, generating new results on extraction distortions and providing qualification or reconciliation of previous diverse results in this area.

James Tobin's "Asset Accumulation And Economic Activity": A Review Article, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Eastern Economic Journal, July 1981. Also typed manuscript of this article.

The Impact Of Different Government Units In The Regulation Of The Workplace Environment, Michael L. Marlow

Economics

This study examines the issue of whether or not state and federal job safety agencies provide the same levels of public output. Tests are conducted on the hypothesis that state takeover of regulation from the federal program serves to reduce the costs of firms. These costs are comprised of two components: the penalties for noncompliance and the uncertainty costs of regulation. The public policy implication that is drawn from these tests is that it matters to firms which government unit regulates them.

A Test For Threshold Effects In Bank Entry, Michael L. Marlow

Economics

No abstract provided.

Ua68/2 Intercambio Internacional, Vol. Iv, No. 1, Wku Latin American Studies

WKU Administration Documents

Newsletter created by WKU Latin American Studies program regarding science, politics and economic advances in Latin America as well as cooperative projects between WKU and universities across Latin America. The newsletter is written in both English and Spanish.

Bank Structure And Mortgage Rates: Implications For Interstate Banking, Michael L. Marlow

Economics

Competition in financial markets has been the subject of many studies in the area of market structure and performance. This paper analyzes the differences in mortgage rates between unit banking and branch banking states to consider the likely outcome of interstate banking on competition. A model of interest rate determination is developed which suggests that, at least in the mortgage market, interstate banking will, ceteris paribus, decrease competition if it lowers the number of competing firms and increases deposit concentration levels. Support is provided for the argument that only those states under statewide branching laws may receive more competitive …

Bidding Game Valuations Of Congestion Costs In Winter Sports Areas, Philip B. Halverson

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

During the last three decades, there has been a significant growth in the outdoor recreation industry. In 1969, there were 17.6 million visits to national parks, and by 1978, that number had increased to 283.1 million (Gregory, 1972; U.S. Dept. of Commerce, 1979). Similarly, visits to national forests grew from 5 million in 1925 to over 147 million in 1965 (Clawson and Knetsch, 1966).

The Banker's Briar Patch: The American Banker's Association And The Glass-Owen Bill Of 1913, Robert Drake Scull

History Theses & Dissertations

In order to compete with the British in international finance, leading bankers in the United States began to agitate for a central bank and "elastic" currency at least as early as 1905. Although the Panic of 1907 helped stir interest in banking reform, the political climate was so prejudiced against the banking profession that it became necessary for ABA spokesmen to condemn publicly the proposed legislation in order to insure that it would be passed. Privately, these same bankers worked closely with Woodrow Wilson and helped elect him president in 1912. Wilson returned the favor with the Federal Reserve Act …

Water Availability In The New Mexico_Apr 23-24 1981, Brian Mcdonald, John Tysseling

BBER Publications

The report reviews the principal legal and institutional factors affecting water management in the basin, including the 1906 Treaty with Mexico, the 1939 Rio Grande Compact, and the 1956 declaration of the Rio Grande Underground Water Basin by the New Mexico State Engineer. Together, these measures limited both surface-water and groundwater development within the basin and constrained the amount of water available to future users.

A Survey Of The Economic Systems Of Wild Chimpanzees And Baboons, Frederic L. Pryor

Economics Faculty Works

No abstract provided.

Benefit-Cost Analysis Of Government Regulation, Murray L. Weidenbaum

Murray Weidenbaum Publications

This piece explains why using benefit-cost analysis can help make regulation more efficient.

China's Foreign Aid In 1979-80, John Franklin Copper

Maryland Series in Contemporary Asian Studies

No abstract provided.

Direct Impact Of Forest Harvesting In Northeastern Minnesota, Philip L. Friest

Journal of the Minnesota Academy of Science

Direct impact of harvesting operations is examined as one segment in a survey of interrelationships between elements of the primary forest products industry in northeastern Minnesota, an area known popularly as the Arrowhead Region. This study follows classifications used in collection of data for 1977 from seven Minnesota counties. Information is based largely on responses from companies involved. An Input-Output model was employed in the study for assessing expenditures by loggers for wage payments, purchase of timber stumpage, vehicles and equipment operation, financial services, and employee benefits (FICA, etc.). Comparisons of relative proportions of expenditures by loggers within the study …

Consistent Forecasting For The 1980'S In State Iron Industry Development, Raymond L. Raab, Richard W. Lichty

Journal of the Minnesota Academy of Science

A large-scale model, SIMLAB, was used to project the iron ore industry through the decade of the 1980's for the state of Minnesota. This forecast shows that past trends in the industry are unlikely to continue through 1990, although output is seen to increase slightly during this period. Future studies will deal with different development scenarios to estimate the impacts of alternate future assumptions from this baseline trend analysis.

Financial Markets And Economic Instability, 1965-81, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Appeared in Nebraska Journal of Economics & Business, Vol. 20, No. 4, Autumn, 1981, pp. 5-16.

This is an edited version of a paper presented at the session “The Recession of 1980-81” at the Midwest Economics Association, Louisville, Ky, April 3, 1981.

An earlier version - between the Midwest Economics Association meeting and the journal publication is also given here.

Monetary Approaches To Devaluation: Comment, Yeung-Nan Shieh

Faculty Publications

No abstract provided.