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Articles 1 - 14 of 14

Full-Text Articles in Social and Behavioral Sciences

Predicting The Path To Recovery From Hurricane Katrina Through The Lens Of Hurricane Andrew And The Rodney King Riots, Robert Baade, Robert Baumann, Victor Matheson Oct 2005

Predicting The Path To Recovery From Hurricane Katrina Through The Lens Of Hurricane Andrew And The Rodney King Riots, Robert Baade, Robert Baumann, Victor Matheson

Economics Department Working Papers

Hurricane Katrina caused the greatest damage of any hurricane in American history. We look at the rebuilding effort in New Orleans through the lens of two other disasters that occurred in 1992: Hurricane Andrew in Miami and the Rodney King riots in Los Angeles. The rebuilding effort in New Orleans shares similarities with both events, combining the impact of a hurricane on infrastructure and private businesses, and the prospect of an uneven recovery biased against racial minorities and the economically disadvantaged. Using the experience of the King riots, our concern is that the rebuilding effort will be modest at best …


Development And Food Demand Changes: Production And Management Implications, Norman Rask, Kolleen Rask Aug 2005

Development And Food Demand Changes: Production And Management Implications, Norman Rask, Kolleen Rask

Economics Department Working Papers

Per capita food consumption and production changes during economic development are analyzed using a resource-based cereal equivalent measure. Diet up-grades to livestock products during economic development contribute to an increase in per capita food resource use by a factor of five or more. Food consumption changes are generally consistent across countries and are only marginally affected by a country’s food production resource base (land). Food consumption increases tend to exceed food production increases in early stages of development, leading to food import needs. In later stages of development, per capita food consumption stabilizes. Continued increases in production allow the closing …


Examining The Halo Effect In Lotto Games, Victor Matheson, Kent Grote Aug 2005

Examining The Halo Effect In Lotto Games, Victor Matheson, Kent Grote

Economics Department Working Papers

The "Halo Effect" occurs when lotto ticket sales are unexpectedly high following a large jackpot. An examination of the Powerball lottery finds evidence that the halo effect exists and that it is the result of bettors exchanging prize winnings for new tickets.


Conflicts In Development: Tourism And The Cattle Industry In Brazil, Nicholas Sanchez, John F. O'Connell Aug 2005

Conflicts In Development: Tourism And The Cattle Industry In Brazil, Nicholas Sanchez, John F. O'Connell

Economics Department Working Papers

This paper challenges the conventional view that where there is a political elite, economic development will proceed along lines that sacrifice future generations for the benefit of the current ruling class. We find that shortfalls in the balance of payments will cause those in authority to promote activities that encourage tourism as a solution to balance of payments deficit. The vehicle for generating tourism is the provision of public goods. More traditional paths toward development particularly cattle ranching are displaced by tourist attractions. While motivated by myopic self-interest, the pursuit of public goods reduces the amount of debt transferred to …


Have Public Finance Principles Been Shut Out In Financing New Sports Stadiums For The Nfl In The United States?, Victor Matheson, Robert Baade Jul 2005

Have Public Finance Principles Been Shut Out In Financing New Sports Stadiums For The Nfl In The United States?, Victor Matheson, Robert Baade

Economics Department Working Papers

Over the past 15 years, new stadiums in the National Football League have been built at an unprecedented rate, and most new facilities have utilized significant public funds. This paper looks at whether the methods used to finance these new facilities honored public finance principles regarding equity, efficiency, and transparency. An examination of the 20 NFL stadiums constructed or refurbished since 1992 reveals a trend towards more voter referendums and an increase reliance on taxation of visitors through hotel and rental car taxes. Although taxation of persons living outside one’s own metropolitan area is appealing, this paper suggests that the …


Selling The Big Game: Estimating The Economic Impact Of Mega-Events Through Taxable Sales, Robert Baade, Robert Baumann, Victor Matheson Jul 2005

Selling The Big Game: Estimating The Economic Impact Of Mega-Events Through Taxable Sales, Robert Baade, Robert Baumann, Victor Matheson

Economics Department Working Papers

Professional sports leagues, franchises, and civic boosters, have used the promise of an all star game or league championship as an incentive for host cities to construct new stadiums or arenas at considerable public expense. Past league-sponsored studies have estimated that Super Bowls, All-Star games and other sports mega-events increase economic activity by hundreds of millions of dollars in host cities. Our analysis fails to support these claims. Our detailed regression analysis of taxable sales in Florida over the period 1980 to 2004 reveals that on, average, mega-events ranging from the World Cup to the World Series have been associated …


Rationality, Tort Reform And Contingent Valuation: A Classroom Experiment In Starting Point Bias, Victor Matheson Jun 2005

Rationality, Tort Reform And Contingent Valuation: A Classroom Experiment In Starting Point Bias, Victor Matheson

Economics Department Working Papers

This simple classroom experiment demonstrates the existence of starting point bias. Asked to place a dollar value on a non-market good such as the loss of a limb or the destruction of a wetland, students place a much smaller value on the loss if a small value is first suggested by the questioner while placing a significantly higher value on the loss when a large value is originally suggested. This experiment can be used in theory classes to demonstrate the limits of individual rationality or in applied classes in law or environmental economics in relation to tort reform or contingent …


Du Bateau Négrier À L’Avion Négrier : Haïti, Les Puissances Esclavagistes Et Le Monde Noir, Cilas Kemedjio Jun 2005

Du Bateau Négrier À L’Avion Négrier : Haïti, Les Puissances Esclavagistes Et Le Monde Noir, Cilas Kemedjio

Présence Francophone: Revue internationale de langue et de littérature

The main argument of this study may be outlined as follows: colonized communities in the world economy being integrated by means of “historical fatality” from slavery to colonialism and neo-colonialism. The counter-movement of decolonization, as exemplified in the Haitian revolution, was meant to propose a more humane outbreak of enslaved peoples on the world scene. The account of globalization reveals that Haiti was forced into the world economy through the modality of extortion, which denied the most vulnerable members of Haitian society their basic humanity. The failure of the Haitian revolution to reverse the course of historical fatality opened the …


Striking Out? The Economic Impact Of Major League Baseball Work Stoppages On Host, Victor Matheson, Robert Baade Apr 2005

Striking Out? The Economic Impact Of Major League Baseball Work Stoppages On Host, Victor Matheson, Robert Baade

Economics Department Working Papers

Major League Baseball teams have used the lure of economic riches as an incentive for cities to construct new stadiums at considerable public expense. Estimates of the economic impact of a MLB on host communities have typically been in the vicinity of $300 million. Our analysis suggest these numbers are wildly inflated. Using the baseball strikes of 1981, 1994, and 1995 as test cases, we find the net economic impact for a MLB team on a host city of $16.2 million under one model and $132.3 million under a second model.


An Analysis Of The Impact Of Multiple Environmental Goods On House Prices, Katherine Kiel, Michael Williams Mar 2005

An Analysis Of The Impact Of Multiple Environmental Goods On House Prices, Katherine Kiel, Michael Williams

Economics Department Working Papers

It seems an established empirical fact that Superfund sites lower local property values. Two recent literature reviews (Farber, 1998, Boyle and Kiel, 2001) report that published academic papers on the topic verify that point. The EPA’s approach assumes that all sites negatively impact property values, and that the impact is similar for all sites. This paper examines 74 National Priorities List (NPL) sites in 13 U.S. counties in order to test these two implicit assumptions. Following the hedonic approach of Kiel (1995) and Kiel and McClain (1995), we find that some sites have the expected negative impact, while other sites …


Research Note: Athletic Graduation Rates And Simpson’S Paradox, Victor Matheson Mar 2005

Research Note: Athletic Graduation Rates And Simpson’S Paradox, Victor Matheson

Economics Department Working Papers

Graduation rates for male athletes overall as well as men’s football and basketball players lag behind those of male non-athletes at Division I colleges and universities. Scholarship athletes, however, are much more likely to be drawn from racial and ethnic groups with lower average graduation rates. After accounting for differences in racial composition, graduation rates for male athletes overall as well football players match or exceed those of their peers, and racial differences account for over one-quarter of the shortfall in men’s basketball graduation rates. This is a classic example of Simpson’s Paradox.


The Paradox Of Championships: Be Careful What You Wish For, Sports Fans, Victor Matheson, Robert Baade Feb 2005

The Paradox Of Championships: Be Careful What You Wish For, Sports Fans, Victor Matheson, Robert Baade

Economics Department Working Papers

This paper examines issues related to the economic impact of sports championships on the local economy of host cities. While boosters frequently claim a large positive effect of such championships, a closer examination leads to the conclusion that the impact is likely much smaller than touted and may even be negative.


Educational Spillovers: Does One Size Fit All?, Robert Baumann, Raphael Solomon Feb 2005

Educational Spillovers: Does One Size Fit All?, Robert Baumann, Raphael Solomon

Economics Department Working Papers

In a search model of production, where agents accumulate heterogenous amounts of human capital, an individual worker’s wage depends on average human capital in the searching population. Based on this model, this paper estimates a Mincerian wage equation augmented with terms for average human capital. The authors find that there is a positive and significant spillover effect, but that the effect differs by gender and population group, as well as educational status. The differing spillover effects can only partially be explained by occupational choice.


A Fall Classic? Assessing The Economic Impact Of The World Series, Victor Matheson, Robert Baade Feb 2005

A Fall Classic? Assessing The Economic Impact Of The World Series, Victor Matheson, Robert Baade

Economics Department Working Papers

An empirical analysis of the economic impact of the Major League Baseball’s postseason on host-city economies from 1972-2001 suggests that any economic benefits from the playoff are small or non-existent. An examination of 129 playoff series finds that any increase ineconomic growth as a result of the post-season is not statistically significantly different than zero and that a best guess of the economic impact is $6.8 million per home game. As a general method of economic development, public support of a baseball team’s attempt to reach the World Series should be seen as a gamble at best.