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Articles 1 - 30 of 1796
Full-Text Articles in Social and Behavioral Sciences
Workers' Compensation Reemployment Programs Options For Modifying The Pension System: Final Report, Peter S. Barth, H. Allan Hunt
Workers' Compensation Reemployment Programs Options For Modifying The Pension System: Final Report, Peter S. Barth, H. Allan Hunt
Reports
No abstract provided.
Port Multipliers For Singapore: Impact On Income, Output, And Employment, Rex S. Toh, Sock-Yong Phang, Habibullah Khan
Port Multipliers For Singapore: Impact On Income, Output, And Employment, Rex S. Toh, Sock-Yong Phang, Habibullah Khan
PHANG Sock Yong
This article examines the contribution of the activities of the Port of Singapore Authority (PSA), a government-owned statutory board which operates almost all of the port related activities in Singapore, to the prosperity of the entire country, by way of multiplier analysis. Input-output analysis is used to compute the income, output, and employment multipliers of port activities, broken down into direct, indirect, and induced effects. The policy implications on port investment and maritime policy follow.
Predicting State Failure: A Classification Tree Approach, Atin Basu Choudhary, Jim T. Bang, William F. Shughart Ii
Predicting State Failure: A Classification Tree Approach, Atin Basu Choudhary, Jim T. Bang, William F. Shughart Ii
Atin Basu Choudhary
We deviate from standard practice in the literature on state failure to use classification tree methods to predict state failure. We argue that the rarity of state failure and simplicity of use and interpretation makes this approach more attractive. We determine simple decision rules, based on observable and measurable variables, to determine whether a country is likely to fail or not.
Tables Of Percentage Points Of The K-Variate Normal Distribution For Large Values Of K, William C. Horrace
Tables Of Percentage Points Of The K-Variate Normal Distribution For Large Values Of K, William C. Horrace
Economics - All Scholarship
This paper gives tabulations of the upper a percentage points of the maximum absolute value of the k-variate normal distribution with common correlation p for values of k as high as 500. The tables are useful for performing multiple comparison procedures in experiments with large numbers of treatments.
An Evaluation Of Car-Ownership And Car-Usage Policies In Singapore, Sock-Yong Phang, Anthony Chin
An Evaluation Of Car-Ownership And Car-Usage Policies In Singapore, Sock-Yong Phang, Anthony Chin
PHANG Sock Yong
Report presented to Parliament 2 January 1990 as part of Select Committee on Land Transportation Policy. Covers the transportation policies of Singapore from 1960s to 1980s. Analysis of car ownership policies, including PARF. Analysis of car usage policies.
The Unctad Liner Code: A Dead Letter?, Sock-Yong Phang, Rex S. Toh
The Unctad Liner Code: A Dead Letter?, Sock-Yong Phang, Rex S. Toh
PHANG Sock Yong
The UNCTAD Code of conduct for Liner Conferences entered into force in 1983. The Code's cargo allocation scheme or '40-40-20 rule' aims to provide shipping lines of developing countries with a fair change to compete for the carriage of their seabourne trade. However, the Code has not been effective in meeting its stated objectives for a variety of reasons. Amongst the administrative difficulties are (i) the complications introduced by the EEC's Brussels Package, (ii) the definition of national lines, (iii) the unit of measurement for cargo allocation purposes, and (iv) the monitoring of cargo movements. The tremendous growth in non-conference …
Port Multipliers For Singapore: Impact On Income, Output, And Employment, Rex S. Toh, Sock-Yong Phang, Habibullah Khan
Port Multipliers For Singapore: Impact On Income, Output, And Employment, Rex S. Toh, Sock-Yong Phang, Habibullah Khan
PHANG Sock Yong
This article examines the contribution of the activities of the Port of Singapore Authority (PSA), a government-owned statutory board which operates almost all of the port related activities in Singapore, to the prosperity of the entire country, by way of multiplier analysis. Input-output analysis is used to compute the income, output, and employment multipliers of port activities, broken down into direct, indirect, and induced effects. The policy implications on port investment and maritime policy follow.
Book Review Of Competition Law And Policy In Singapore, By Cavinder Bull, Lim Chong Kin, Academy Publishing, Singapore, 2009, Sock-Yong Phang
Book Review Of Competition Law And Policy In Singapore, By Cavinder Bull, Lim Chong Kin, Academy Publishing, Singapore, 2009, Sock-Yong Phang
PHANG Sock Yong
No abstract provided.
Tourism Growth In Singapore: An Optimal Target, Habibullah Khan, Sock-Yong Phang, Rex S. Toh
Tourism Growth In Singapore: An Optimal Target, Habibullah Khan, Sock-Yong Phang, Rex S. Toh
PHANG Sock Yong
No abstract provided.
The Singapore Model Of Housing And The Welfare State, Sock Yong Phang
The Singapore Model Of Housing And The Welfare State, Sock Yong Phang
PHANG Sock Yong
While Singapore is not generally regarded as a welfare state, the provision of housing welfare on a large scale has been a defining feature of its welfare system. The extensive housing system has played a useful role in raising savings and homeownership rates as well as contributing to sustained economic growth in general and development of the housing sector in particular. Few would dispute the description of Singapore’s housing policies as 'phenomenally successful' (Ramesh, 2003). Singapore’s economic growth record in the past four decades has brought it from third world to first world status (Lee, 2000), with homeownership widespread at …
Strategic Development Of Airport And Rail Infrastructure: The Case Of Singapore, Sock-Yong Phang
Strategic Development Of Airport And Rail Infrastructure: The Case Of Singapore, Sock-Yong Phang
PHANG Sock Yong
No abstract provided.
From Efficiency-Driven To Innovation-Driven Economic Growth: Perspectives From Singapore, Kim Song Tan, Sock-Yong Phang
From Efficiency-Driven To Innovation-Driven Economic Growth: Perspectives From Singapore, Kim Song Tan, Sock-Yong Phang
PHANG Sock Yong
The Singapore economy is going through a period of major restructuring. Economic stagnation since the 1997 Asia financial crisis (except for a brief recovery in 1999) has called into question the continued relevance of many fundamental policies that had worked well in the past. In 2002, a high-level Economic Review Committee (ERC) was convened by the government to chart new directions for the economy. A common thread that ran through the committee’s various reports was a call to enhance the economy’s innovative capacity, with the aim of making Singapore an innovation hub in the region. The call reflects an increased …
Road Congestion Pricing In Singapore: 1975-2003, Sock-Yong Phang, Rex S. Toh
Road Congestion Pricing In Singapore: 1975-2003, Sock-Yong Phang, Rex S. Toh
PHANG Sock Yong
Facing traffic congestion in the Central Business District and enormous demands on scarce land resources by the growing number of motor vehicles, Singapore, a small island city-state the size of Seattle, embarked on a bold decision to reduce road congestion by implementing the famous Area Licensing Scheme in 1975. This was a manual system of tolls for multiple entries into the Restricted Zone. While achieving the intended effect of cutting down on the volume of vehicular traffic in the Restricted Zone, the authors (and others) found that the problem of congestion had merely shifted in time and place. Many changes …
Welfare Implications Of Hdb Policy On The Public Housing Price Gradient, Sock Yong Phang
Welfare Implications Of Hdb Policy On The Public Housing Price Gradient, Sock Yong Phang
PHANG Sock Yong
In Singapore, extensive government intervention in the housing market has resulted in much deviation from assumptions made in the simple neoclassical urban models. The monocentric model of urban structure is extended to incorporate a subsidized public housing market in which the government-determined price gradient is flatter than the private housing price gradients. The propositionthat the utility of public housing households varies inversely with residential location distance from the CBD is empirically tested by estimating net returns to public housing using resale market data. It was found that net returns decreased with distance from the CBD.
Bank Lending And Real Estate In Asia: Market Optimism And Asset Bubbles, Winston T. H. Koh, Roberto S. Mariano, Andrey Pavlov, Sock-Yong Phang, Augustine H. H. Tan, Susan M. Wachter
Bank Lending And Real Estate In Asia: Market Optimism And Asset Bubbles, Winston T. H. Koh, Roberto S. Mariano, Andrey Pavlov, Sock-Yong Phang, Augustine H. H. Tan, Susan M. Wachter
PHANG Sock Yong
This paper investigates the Asian real estate price run-up and collapse in the 1990s. We identify financial intermediaries’ underpricing of the put option imbedded in non-recourse mortgage loans as a potential cause for the observed price behavior. This underpricing is due to behavioral causes (lender optimism and disaster myopia) and/or rational response of lenders to market incentives (agency conflicts, deposit insurance, or limited liability of bank shareholders). The empirical evidence suggests that underpricing occurred in Thailand, Malaysia, and Indonesia. Consequently, these countries experienced a more severe market crash than Hong Kong and Singapore, where underpricing was kept under control by …
The Multiplier Effect: Singapore's Hospitality Industry, Habibullah Khan, Sock-Yong Phang, Rex S. Toh
The Multiplier Effect: Singapore's Hospitality Industry, Habibullah Khan, Sock-Yong Phang, Rex S. Toh
PHANG Sock Yong
Tourism's contribution to Singapore's economy has increased over time. Tourism contributed 11.9% to Singapore's GDP in 1992, about half of that from direct revenues. Indirect and induced sources contributed about equally to the other half. While the direct effect of tourist expenditures on the Singapore economy are predominant, the indirect and induced effects are also significant, indicating strong sectoral linkages within the local economy, especially with respect to the hospitality industry.
Genios Eclipsados, Guillermo Arosemena
Economic Impact Of The Pork Industry In South Dakota; Economic Impact Of The Dairy Industry In South Dakota, Gary Taylor
Economic Impact Of The Pork Industry In South Dakota; Economic Impact Of The Dairy Industry In South Dakota, Gary Taylor
Economics Commentator
No abstract provided.
Incentivizing Technological Growth: A Symbiotic Relationship In The Computer Software Industry, Alex Usher
Incentivizing Technological Growth: A Symbiotic Relationship In The Computer Software Industry, Alex Usher
Economics Theses
No abstract provided.
La Metà Del Cielo Tra Confucio E Mercato, Tonia Warnecke, Alain Blanchard
La Metà Del Cielo Tra Confucio E Mercato, Tonia Warnecke, Alain Blanchard
Faculty Publications
No abstract provided.
Women In China, Between Confucius And The Market, Tonia Warnecke, Alain Blanchard
Women In China, Between Confucius And The Market, Tonia Warnecke, Alain Blanchard
Faculty Publications
No abstract provided.
Free To Move: Migration, Tax Competition And Redistribution, Woojin Lee
Free To Move: Migration, Tax Competition And Redistribution, Woojin Lee
Woojin Lee
We study a model of tax competition between two countries when both skilled and unskilled workers make their migration decisions simultaneously and wages are endogenously determined. If both factors of production are allowed to migrate freely and when the demand for skilled labor is not so elastic, the problem typically predicted in the literature of tax competition that increased mobility of production factors will pose a severe threat to redistribution possibility is less acute than it might first appear. The equilibrium tax rate can be not only positive but also increasing in the degree of mobility of unskilled workers. This …
Racism, Xenophobia, And Redistribution, Woojin Lee, John Roemer, Karine Van Der Straeten
Racism, Xenophobia, And Redistribution, Woojin Lee, John Roemer, Karine Van Der Straeten
Woojin Lee
We report here a summary of our recent research on the effect that the race issue, in the United States, and the immigration issue in European countries, is having on the degree of redistribution and the size of the public sector that is implemented through political competition. We model political competition as taking place on a two dimensional policy space, where the first issue is the tax rate, or the size of the public sector, and the second issue is the race or immigration issue. Our substantive conclusion is that the conservative economic agenda has been given new life in …
Values And Politics In The Us: An Equilibrium Analysis Of The 2004 Election, Woojin Lee, John Roemer
Values And Politics In The Us: An Equilibrium Analysis Of The 2004 Election, Woojin Lee, John Roemer
Woojin Lee
The CNN exit polls after the 2004 election rated ‘moral values’ the most important issue; next came ‘jobs and the economy.’ Eighty percent of the voters who rated moral values the most important issue voted for Bush while eighty percent of the voters who rated jobs and the economy the most important voted for Kerry. We study the extent to which the distribution of voter opinion on moral values influences the positions that parties take on the economic issue, which we take to be the size of the public sector, through political competition. There are at least two distinct ways …
Three Essays On The Search For Economic Efficiency, Jason J. Delaney
Three Essays On The Search For Economic Efficiency, Jason J. Delaney
Economics Dissertations
The chapters of this dissertation examine efficiency failures in three areas of applied microeconomics: experimental economics, public finance, and game theory. In each case, we look at ways to resolve these failures to promote the public good. The first chapter, “An Experimental Test of the Pigovian Hypothesis,” looks at two different policies designed to reduce congestion in a common-pool resource (CPR). We present an experiment with training and a simplified decision task and find that subject behavior converges to the Nash prediction over a number of periods. A Pigovian subsidy effectively moves subject behavior to the pre-subsidy social optimum. Finally, …
Does Productivity Respond To Exchange Rate Appreciations? A Theoretical And Empirical Investigation, Yao Tang
Does Productivity Respond To Exchange Rate Appreciations? A Theoretical And Empirical Investigation, Yao Tang
Economics Department Working Paper Series
Although real currency appreciations pose direct difficulties for exporters and import-competing firms as they will face more intense competition, is it possible that such competition spurs firms to improve productivity? To answer this question, the paper first constructs a theoretical model to show how the competitive pressures of currency appreciations induce firms to improve productivity by adopting new technologies. In addition, the model predicts that during appreciations there will be a positive relation between market concentration and improvements in productivity for industries highly exposed to trade, because the marginal benefits of productivity improvement will be bigger for firms with a …
The Effects Of Electricity Pring On Phev Competitiveness, Shisheng Huang, Bri-Mathias S. Hodge, Farzad Taheripour, Joseph F. Pekny, Gintaras V. Reklaitis, Wallace E. Tyner
The Effects Of Electricity Pring On Phev Competitiveness, Shisheng Huang, Bri-Mathias S. Hodge, Farzad Taheripour, Joseph F. Pekny, Gintaras V. Reklaitis, Wallace E. Tyner
PPRI Digital Library
Plug-in Hybrid Electric Vehicles (PHEVs) will soon start to be introduced into the transportation sector, thereby raising a host of issues related to their use, adoption and effects on the electricity sector. Their introduction has the potential to significantly reduce carbon emissions from the transportation sector, which has led to government policies aimed at easing their introduction. If their wide-spread adoption is set as a target it is imperative to consider the effects of existing policies that may increase or decrease their adoption rate. In this study, we present a micro level electricity demand model that can gauge the effects …
Ua1b Wku University Wide Committees/Events, Wku Archives
Ua1b Wku University Wide Committees/Events, Wku Archives
WKU Archives Collection Inventories
Records regarding university wide events such as lecture and concert series. See individual departments for smaller co-sponsored events.
A Cross-Sectional Study Of Infant Mortality Rates Between Countries, Katelyn E. May
A Cross-Sectional Study Of Infant Mortality Rates Between Countries, Katelyn E. May
Undergraduate Theses and Capstone Projects
The health status of nations has been and continues to be under debate. Although the variables that comprise such a status have not been solidified, one variable that is closely studied and is thought to have an effect on the idea of health status is infant mortality. A country’s Infant Mortality Rate (IMR) is treated as an indicator of its health status as well as socioeconomic status. This research attempts to study the variables which are hypothesized to be significant in relation to IMR, and to find which ones truly have an effect. Data on eight independent variables were collected …
Does It Hurt A State To Introduce An Income Tax?, David J. Shakow
Does It Hurt A State To Introduce An Income Tax?, David J. Shakow
All Faculty Scholarship
In an article in the Wall Street Journal, Arthur Laffer argued that, since 1960, the introduction of state income taxes reduced the relative size of a state’s gross state product and its relative per capita personal income. This paper criticizes Laffer’s conclusions on a number of grounds. 1. He uses incorrect figures for per capita income. In fact, relative per capita income rose in a majority of states that introduced an income tax since 1960. 2. The results are not clear when a state’s data is compared to other states in its region, rather than to the United States as …