Social and Behavioral Sciences Commons^™

Insurance, Race/Ethnicity, And Sex In The Search For A New Physician, Rajiv Sharma, Arnab Mitra, Miron Stano

Economics Faculty Publications and Presentations

We employed simulated patient calls to a national random sample of primary care physicians to assess appointment availability for adults who differed by insurance, race/ethnicity, and sex. The disparities we found are much larger than those reported in previous assessments, highlighting the importance of including race/ethnicity and sex in such research

A Geographic View Of Expansion Choices By U.S. Firms In China, Rossitza Wooster, David Banis, Ayesha Khalid

Economics Faculty Publications and Presentations

How does geography matter for explaining the location patterns of U.S. companies in China? We combine insights from the literature on economic geography and spatial interdependence in foreign direct investment (FDI) activity, to provide a comparative analysis using both sectoral regression results and maps that illustrate patterns in the data. We use a unique sample of publicly traded U.S. firms who announced expansion of operations into China between 1980 and 2005. Regression results show that relative to the tertiary sector, firm characteristics matter more for primary sector firms, whereas province characteristics matter more for secondary sector firms. Additionally, our GIS …

Environmental Sustainability In A Sraffian Framework, Robin Hahnel

Economics Faculty Publications and Presentations

This article expands the Sraffian framework to address environmental sustainability by showing how to define and measure what ecological economists call “throughput” and increases in throughput efficiency. In the process it clarifies issues that are often muddled in the steady-state and de-growth literatures.

The Neoliberal Politics Of “Smart”: Electricity Consumption, Household Monitoring, And The Enterprise Form, Anthony M. Levenda, Dillon Mahmoudi, Gerald Sussman

Urban Studies and Planning Faculty Publications and Presentations

This article investigates how digital technologies in the energy sector are enabling increased value extraction in the cycle of capital accumulation through surveillant proceesses of everyday energy consumption. We offer critical theory (Gramsci, Foucault) and critical political economy (Marx) as a guide for critical understanding of value creation in ICT through quotidian processes and practices of social reproduction. In this regard, the concept of the "prosumer" is extended beyond notions of voluntary participation in Web 2.0 to the political economy of energy use. Within this broad framework we investigate national and local level "smart grid" campaigns and projects. The "smartening" …

Emerging Market Currency Composition Of Reserves, Denomination Of Trade And Currency Movements, Robert N. Mccauley, Hiro Ito, Tracy Chan

Economics Faculty Publications and Presentations

This article analyses the relationships among the unit of account and means of exchange functions of an international currency, on the one hand, and its store of value in official use, on the other hand. Historical evidence links the currency composition of reserves to currency movements. The currency composition of reserves is strongly related in the cross-section to both currency movements and the currency denomination of trade. Data limitations make it hard to distinguish these two factors. A panel analysis of 5 countries from central and eastern Europe shows that both trade invoicing and currency movements drive changing official reserve …

Monetary Policy Spillovers And The Trilemma In The New Normal: Periphery Country Sensitivity To Core Country Conditions, Joshua Aizenman, Menzie David Chinn, Hiro Ito

Economics Faculty Publications and Presentations

We investigate why and how the financial conditions of developing and emerging market countries (peripheral countries) can be affected by the movements in the center economies - the U.S., Japan, the Eurozone, and China. We apply a two-step approach. First, we estimate the sensitivity of countries’ financial variables to the center economies [policy interest rate, stock market prices, and the real effective exchange rates (REER)] while controlling for global and domestic factors. Next, we examine the association of the estimated sensitivity coefficients with the macroeconomic conditions, policies, real and financial linkages with the center economies, and the level of institutional …

Measuring Risk Preferences In Rural Ethiopia: Risk Tolerance And Exogenous Income Proxies, Ferdinand M. Vieder, Abebe D. Beyene, Randall Bluffstone, Sahan T.M. Dissanayake, Zenebe Gebreegziabher, Peter Martinsson, Alemu Mekonnen

Economics Faculty Publications and Presentations

Risk-aversion has generally been found to decrease in income. This may lead one to expect that poor countries will be more risk-averse than rich countries. Recent comparative findings with students suggest the opposite, potentially giving rise to a risk-income paradox. Findings with students, however, may result from selection effects. We test whether a paradox indeed exists by measuring the risk preferences of over 500 household heads representative of the highlands of Ethiopia. We find high degrees of risk tolerance, consistent with the evidence obtained for students. We also find risk tolerance to increase in income proxies, thus completing the paradox. …

Clamoring For Greenbacks: Explaining The Resurgence Of The U.S. Dollar In International Debt, Hiro Ito, Cesar M. Rodriguez

Economics Faculty Publications and Presentations

This paper investigates the determinants of currency denomination in international debt. Using data on currency shares for international debt securities for 82 countries from 1995 through 2013, we find that while the extent of foreign currency issuance has not changed much since the 1990s, especially for developing countries, the currency composition has shifted, especially between the U.S. dollar and the euro. Before the Global Financial Crisis (GFC) of 2008, the share of the U.S. dollar has been on a downward trend while that of the euro had been on a steady rising trend, but since the crisis, the U.S. dollar …

Working Paper No. 07, Evsey Domar And The Keynesian Tradition, Cesar Maldonado

Working Papers in Economics

This inquiry seeks to establish that Evsey Domar extends Keynes’s thinking and in this manner helps to establish a post-Keynesian tradition. First, I shall consider Keynes’s ideas concerning problems facing market capitalism as appears in his book, The General Theory of Employment, Interest, and Money. Then I shall continue with this inquiry and consider Domar’s insights into expansion and employment and his concerns regarding capital accumulation, as well as his confronting a theory posited by Keynes concerning investment and employment, raising the issue of whether Keynes’s understanding is accurate. The last part of this inquiry deals with Domar’s concerns …

Herbicide Resistance: Challenges For Farmers And Implications For The Environment, George Frisvold, David E. Ervin

Economics Faculty Publications and Presentations

Genetically modified, herbicide resistant (HR) crops offer not only improved weed control, but also the potential to reduce soil erosion and fossil fuel use and to allow substitution toward less toxic or persistent herbicides. The widespread adoption of HR crops, however, has reduced the diversity of weed control tactics and increased ecological selection pressure for weeds resistant to dominant herbicides. This has led to a dramatic rise of HR weeds in many cropping systems. Resistant weeds threaten the sustainability of HR crops, pose environmental risks from alternative weed control practices, are altering public and private R&D programs, and necessitate new …

Experiential Knowledge And Interdisciplinary Approaches To Address Herbicide Resistance: Insights From Theory And Practice, David Shaw, David E. Ervin

Economics Faculty Publications and Presentations

The exponential increase in herbicide resistant weeds around the globe poses a “wicked problem” that resists solutions developed from disciplinary science (Ervin and Jussaume; Shaw). Traditonal voluntary education and technical assistance approaches have failed to stem the advance of resistance. Scholars and practitioners recognize that improved understanding of human behavior leading to more resistant weeds must provide the foundation of knowledge for innovating more effective approaches. Principles to negotiate progress on wicked problems stress interdisciplinary approaches that integrate frontier social and natural science concepts with stakeholder experiences to discover novel approaches (Sayer et al). Standard templates to address the problem …

Estimating The Recreational Value Of Portland’S Forest Park, Randall Bluffstone, Ryan Burchett, Kahtan Eiwaz, Emma Ingebretsen, Peter Schaffer, Steve Toth, Szeto Yan Weng, Jordan Drinkhouse, Dat Huynh, Charles Maxwell, Joel Schutte, Tiffany Tram, Thananan Yupparit

Economics Faculty Publications and Presentations

Using the travel cost method, this study estimates the per-trip value and total annual value of recreational visits to Portland’s Forest Park. Based on the opportunity cost of visitors’ time and the estimated costs of travel, we derive a demand function for visits to Forest Park on the assumption that visitors value their trips to Forest Park at least as highly as the alternative uses of their time and money. The Portland Parks and Recreation Department supplied survey data for 2277 Forest Park visitors, of which we use 1626 observations.

We find that a truncated negative binomial regression best fits …

Working Paper No. 06, Towards A Veblenian Theory Of Economic Development: Drawing From Imperial Germany, Cesar Maldonado

Working Papers in Economics

This inquiry summarizes and analyzes Thorstein Veblen’s explanations for Imperial Germany’s rapid industrialization. In his book Imperial Germany and the Industrial Revolution, Thorstein Veblen introduces a comprehensive understanding of processes affecting economic development. Technology transfer, human capital and state intervention are the variables that transformed an agrarian feudal Germany into industrialized Imperial Germany. Instead of developing technology over time by trial and error, Germany just transferred already established technology to their country. Since Germany had no established institution they could set up the most modern technologies. The machine process of the industrial system renders it easy to train workers …

Oregon Highway Cost Allocation Study: Carbon Tax Issue Paper, Portland State University. College Of Urban And Public Affairs. Northwest Economic Research Center

Northwest Economic Research Center Publications and Reports

The basic insight behind carbon pricing is not new, and is based in mainstream economic theory. If market interactions are leading to the overuse of resources outside of the market, imposing a price on the overused resource will bring it into the market and increase efficiency. Currently, the negative impacts associated with the release of carbon through fossil fuel combustion is not incorporated into the market. By imposing a price on carbon, fossil fuel consumers are incentivized to reduce their fuel usage. This reduction in fuel demand is not necessarily associated with lower economic output. In fact, depending on the …

Crime, Institutions And Sector-Specific Fdi In Latin America, Luisa Blanco, Isabel Ruiz, W. Charles Swayer, Rossitza Wooster

Economics Faculty Publications and Presentations

In this article, we explore how crime and institutions affect the flow of capital in the form of foreign direct investment (FDI) to Latin American and Caribbean countries in the primary, secondary and tertiary sectors during the 1996-2010 period. We use three different variables related to violent crime: homicides, crime victimization, and an index of organized crime. We find that there is a correlation between the institutional and crime variables, where the significance of institutional variables tends to disappear when the crime variables are added to the model. We find that higher crime victimization and organized crime are associated with …

Parties, Politics And Regulation: Evidence From Clean Air Act Enforcement, Robert Innes, Arnab Mitra

Economics Faculty Publications and Presentations

Does local Federal regulation respond to the preferences of local Congressional representatives? For example, do Republican Congressmen reduce local enforcement of Clean Air laws in their districts? We use facility-level panel data on Clean Air Act inspections over 1989–2005 to study the causal effect of a Congressman's party affiliation on local enforcement. Random assignment of electoral outcomes is obtained with a Regression Discontinuity design. We find that new Republican (vs. Democratic) Representatives significantly depress inspection rates for local polluting facilities in the first year after their election. (JEL D73, Q52, Q53)

Converging Divergences In Formal And Informal Work: Longitudinal Evidence From Mexico, Diana Denham, Chris Tilly

University Studies Faculty Publications and Presentations

Analyses of neoliberal labor market restructuring debate whether neoliberalism is homogenizing jobs or polarizing them. Analyses of informal employment debate whether such employment is inferior, and if so, if it is typically a transition or a trap. This paper speaks to both debates, using a three time-point (2006, 2007, 2008) longitudinal survey of retail workers in the state of Tlaxcala, Mexico, to contrast workers’ experiences across the spectrum of formal and informal work. Using the longitudinal data, the paper compares workers’ trajectories, exploring how they make choices and navigate transitions between more formal and more informal work. A qualitative portion …