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Articles 1 - 10 of 10

Full-Text Articles in Social and Behavioral Sciences

Vertex Centralities In Input-Output Networks Reveal The Structure Of Modern Economies, Florian Blochl, Fabian J. Theis, Fernando Vega-Redondo, Eric O'N. Fisher Apr 2011

Vertex Centralities In Input-Output Networks Reveal The Structure Of Modern Economies, Florian Blochl, Fabian J. Theis, Fernando Vega-Redondo, Eric O'N. Fisher

Economics

Input-output tables describe the flows of goods and services between the sectors of an economy. These tables can be interpreted as weighted directed networks. At the usual level of aggregation, they contain nodes with strong self-loops and are almost completely connected. We derive two measures of node centrality that are well suited for such networks. Both are based on random walks and have interpretations as the propagation of supply shocks through the economy. Random walk centrality reveals the vertices most immediately affected by a shock. Counting betweenness identifies the nodes where a shock lingers longest. The two measures differ in …


Introduction To Heckscher-Ohlin Theory: A Modern Approach, Eric O'N. Fisher Apr 2011

Introduction To Heckscher-Ohlin Theory: A Modern Approach, Eric O'N. Fisher

Economics

No abstract provided.


Empirical Foundations For The Resurrection Of Heckscher–Ohlin Theory, Peter Egger, Kathryn G. Marshall, Eric O'N. Fisher Apr 2011

Empirical Foundations For The Resurrection Of Heckscher–Ohlin Theory, Peter Egger, Kathryn G. Marshall, Eric O'N. Fisher

Economics

We decompose the factor content of trade into Heckscher–Ohlin–Vanek trade and Ricardian trade. We measure factor content using only the United States' technology and also as Leontief advocated, using the local technology. In either case, differences in endowments are quite important in explaining the factor content of trade. If one uses raw estimated coefficients as a means of comparison, differences in endowments are ten times as important as differences in technology.


Heckscher–Ohlin Theory When Countries Have Different Technologies, Eric O'N. Fisher Apr 2011

Heckscher–Ohlin Theory When Countries Have Different Technologies, Eric O'N. Fisher

Economics

Rethinking the foundations of Heckscher–Ohlin theory when countries have different technologies, this paper shows how to make the proper adjustments for international productivity differences. The central tool is a factor conversion matrix that computes the local factor content of foreign Rybczynski effects. Factor-specific productivities are a special case of these more general linear relationships.


An Assessment Of The Demographics And Spending Behavior Of Attendees At San Luis Obispo's Downtown Farmers' Market, Morgan Thompson Mar 2011

An Assessment Of The Demographics And Spending Behavior Of Attendees At San Luis Obispo's Downtown Farmers' Market, Morgan Thompson

Recreation, Parks, and Tourism Administration

The purpose of this study was to assess the demographics and spending behavior of attendees at San Luis Obispo’s downtown Farmers’ Market. With the current 2011 economic recession in America, this study evaluated its affect on the Farmers’ Market attendee demographics and purchasing motivations. Using a questionnaire distributed to 200 participants at Farmers’ Market, this study concluded that most people are motivated by price when shopping for produce and the majority of Farmers’ Market attendees’ spending behaviors have been affected by the economic recession. Furthermore, this study found there is a preference for organic produce to be bought at the …


A Literary Analysis And Case Study Evaluation Of The Environmental, Cultural, And Economic Impacts Of Ecotourism, Ashley M. Driver Mar 2011

A Literary Analysis And Case Study Evaluation Of The Environmental, Cultural, And Economic Impacts Of Ecotourism, Ashley M. Driver

Social Sciences

No abstract provided.


Growing Conflict: Agriculture, Innovation, And Immigration In San Luis Obispo County, 1837–1937, Douglas P. Jenzen Mar 2011

Growing Conflict: Agriculture, Innovation, And Immigration In San Luis Obispo County, 1837–1937, Douglas P. Jenzen

Master's Theses

The history of San Luis Obispo and its surrounding areas is complex. Agriculture, innovation, and immigration have all contributed to the formation of the region. The Spanish, Mexican, and early American periods established the framework successive waves of immigrants had to live within. Native Americans and immigrants from China, Portugal, Switzerland, Japan, the Philippines, and other regions of the United States have all toiled in the fields and contributed to America’s tables at various points throughout county history. Many contingencies determined the treatment of successive waves of immigrants. Growth and development are taking place at exponential rates on the very …


The Structure Of The American Economy, Eric O'N. Fisher, Kathryn G. Marshall Feb 2011

The Structure Of The American Economy, Eric O'N. Fisher, Kathryn G. Marshall

Economics

We explore the relationship between input–output accounts and the national revenue function. The generalized inverse of an economy’s technology matrix carries information relating changes in endowments with changes in outputs; its transpose relates output prices and factor prices. Our primary theoretical contribution is to derive an economy’s revenue function for an arbitrary Leontief technology. Our main empirical contribution is to compute the national revenue function for the American economy in 2003 and to describe its properties. We implement our ideas using two different models: one where all factors are mobile and another with sector-specific capital.


Why Does Tobacco-Control Spending Vary So Much Across States?, Michael L. Marlow Jan 2011

Why Does Tobacco-Control Spending Vary So Much Across States?, Michael L. Marlow

Economics

Although tobacco-control spending is considered an essential component of comprehensive programmes aimed at lowering smoking, substantial variation exists across states. This article examines if variation is systematically related to cross-state differences in smoking prevalence, holding other factors constant that are expected to influence spending. An econometric model is estimated which considers effects of tobacco-settlement revenues, income, unemployment, political party of the governor, state debt and smoking prevalence on tobacco-control spending in all states during 2000--2007. Estimations control for the possibility that spending and smoking prevalence are co-determined to clearly determine the causal link from prevalence to spending. Spending variation is …


Identifiability Of The Misspecified Split Hazard Models, Sanjiv Jaggia Jan 2011

Identifiability Of The Misspecified Split Hazard Models, Sanjiv Jaggia

Economics

Unlike standard models, a split population hazard model allows the exit probability to be less than one. Although conceptually attractive, split models are prone to identification problems. In the reduced form estimation of the hazard function, the influence of split may not be distinguishable from that of neglected heterogeneity. For illustration, I use Monte Carlo simulations to highlight the problem of interpreting the structural parameters of the split Weibull and the Weibull-gamma models.