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Full-Text Articles in Social and Behavioral Sciences

Willingness To Pay For Policies To Reduce Health Risks From Covid-19: Evidence From U.S. Professional Sports, Brad Humphreys, Gary A. Wagner, John C. Whitehead, Pamela Wicker Oct 2022

Willingness To Pay For Policies To Reduce Health Risks From Covid-19: Evidence From U.S. Professional Sports, Brad Humphreys, Gary A. Wagner, John C. Whitehead, Pamela Wicker

Economics Faculty Working Papers Series

Airborne transmission of COVID-19 increased the need for health policies to reduce transmission in congregate settings associated with minimal risk before the pandemic. While a large literature estimates tradeoffs between policies designed to reduce negative health outcomes, no empirical research addresses consumer willingness to pay for health policies designed to reduce airborne virus transmission. Using survey data from 1,381 fans of professional sports teams, we estimate consumers’ willingness to pay (WTP) for reduced likelihood of coronavirus transmission through mask and social distancing policies using a stated preference approach. The results indicate increased attendance likelihood if the venue requires masks and …


The Effect Of Monitoring And Crowds On Crime And Law Enforcement: A Natural Experiment From European Football, Brad R. Humphreys, Alexander Marsella, Levi Perez Oct 2022

The Effect Of Monitoring And Crowds On Crime And Law Enforcement: A Natural Experiment From European Football, Brad R. Humphreys, Alexander Marsella, Levi Perez

Economics Faculty Working Papers Series

Technological advancements like the presence of smart phones and body cameras have led to increased monitoring of police, but little evidence exists on their impact. We address these problems using data on fouls from football matches in five European football leagues over six seasons. This period contains exogenous changes in monitoring rule enforcers through introduction of Video Assistant Referee review and limited "bystanders" from Covid-19 restrictions. Results from difference-in-differences models estimated separately for each league indicate that both events influenced the number of fouls called with substantial heterogeneity across leagues and home/away teams.


Public Interest Or Policy Diffusion: Analyzing The Effects Of Massage Therapist Municipal Licensing, Darwyyn Deyo, Kofi Ampaabeng, Conor Norris, Edward Timmons Sep 2022

Public Interest Or Policy Diffusion: Analyzing The Effects Of Massage Therapist Municipal Licensing, Darwyyn Deyo, Kofi Ampaabeng, Conor Norris, Edward Timmons

Economics Faculty Working Papers Series

Massage therapy is widely licensed by the states. However, municipalities also often passed massage therapist licensing, motivated by preventing prostitution. Using a novel dataset on municipal licensing and crime data from the FBI, we test if local massage therapist licensing reduced prostitution. We also test a policy diffusion hypothesis, in which cities pass responsive massage therapist licensing. We find that municipal massage therapist licensing does not lead to a reduction in prostitution, but we find support for the policy diffusion hypothesis, with municipalities up to 65% more likely to pass responsive licensing within three years of their neighbor doing so.


The Growth Of Firms, Markets And Rents: Evidence From China, Daniel Berkowitz, Shuichiro Nishioka Sep 2022

The Growth Of Firms, Markets And Rents: Evidence From China, Daniel Berkowitz, Shuichiro Nishioka

Economics Faculty Working Papers Series

Using recent methods for estimating firm-level markups and profit shares, we document that Chinese manufacturing firms collected more rents following China's accession to the World Trade Organization (WTO). This is because the net entry of firms lagged the massive growth in the domestic market. These effects were particularly strong in domestic markets where state ownership was pervasive. While selection on large productive firms drove the rise in the aggregate markups in the United State (De Loecker et al, 2020), these competitive forces played a secondary role in Chinese manufacturing.


Are West Virginia Banks Unique?, Eduardo Minuci, Scott Schuh Sep 2022

Are West Virginia Banks Unique?, Eduardo Minuci, Scott Schuh

Economics Faculty Working Papers Series

Many factors contribute to weak economic growth in Appalachia, but little research has examined the role of banking heterogeneity and efficiency across states. This paper documents how West Virginia (WV) banks' financial behavior differs from other U.S. banks and shows these differences cannot be explained fully by the composition of banks in the state. Despite experiencing faster banking consolidation, West Virginia still has more and smaller banks that are less efficient and profitable. WV banks' customers and managers heavily favor liabilities (time deposits) and assets (real estate loans) with longer maturity and lower risk and returns. Although shares of time …


Vertical Integration And Competitive Balance In Professional Sports: Evidence From Minor League Baseball, Qi Ge, Brad R. Humphreys, Alexander Eisert Aug 2022

Vertical Integration And Competitive Balance In Professional Sports: Evidence From Minor League Baseball, Qi Ge, Brad R. Humphreys, Alexander Eisert

Economics Faculty Working Papers Series

Major League Baseball (MLB) teams regularly call up players from their Minor League Baseball (MiLB) affliates to fulfill roster needs. This paper utilizes a manually collected panel of player call-ups between 1946 and 2019 and studies their impact on competitive balance in the minor leagues. Our results indicate an overall positive relationship between call-ups and competitive balance in the MiLB, with the pro-competitive effect primarily driven by the AA leagues and not AAA leagues. We also  find suggestive evidence of the effect being likely explained by the promotion of MiLB players to MLB, rather than the demotion of MLB players …


The Political Effects Of Trade With Japan In The 1980s, Shuichiro Nishioka, Eric Olson Jul 2022

The Political Effects Of Trade With Japan In The 1980s, Shuichiro Nishioka, Eric Olson

Economics Faculty Working Papers Series

The 1974 trade act substantially increased the executive branch's authority in trade negotiations through the granting of fast-track and Section 301 authority. This paper evaluates the effect on U.S. voting behavior resulting from trade with Japan over 1976-1992 time period after the act was passed. To capture U.S. trade exposures to Japan, we develop the Bartik index from Autor et al (2013) for import competition with Japan and show that local exposure to import competition had statistically significant negative impacts on Republican presidential candidates over the 1976-1984 period. Although the second Reagan administration used Section 301 to open Japan's markets …


Regression Discontinuity Evidence On The Effectiveness Of The Minimum Legal E-Cigarette Purchasing Age, Jeff Desimone, Daniel Grossman, Nicolas Ziebarth Jan 2022

Regression Discontinuity Evidence On The Effectiveness Of The Minimum Legal E-Cigarette Purchasing Age, Jeff Desimone, Daniel Grossman, Nicolas Ziebarth

Economics Faculty Working Papers Series

Increases in youth vaping rates and concerns of a new generation of nicotine addicts recently prompted an increase in the federal minimum legal purchase age (MLPA) for tobacco products, including e-cigarettes, to 21 years. This study presents the first regression discontinuity evidence on the effectiveness of e-cigarette MLPA laws. Using data on 12th graders from Monitoring the Future, we obtain robust evidence that federal and state age-18 MLPAs decreased underage e-cigarette use by 15–20% and frequent use by 20–40%. These findings suggest that the age-21 federal MLPA could meaningfully reduce e-cigarette use among 18–20-year-olds.