Social and Behavioral Sciences Commons^™

Government Ownership And The Performance Of Government-Linked Companies: The Case Of Singapore, James Ang, David K. Ding

Research Collection Lee Kong Chian School Of Business

In an emerging economy, the alternative to government control is often no governance. We investigate the governance structure of government-linked companies (GLCs) in Singapore under the ownership/control structure of Temasek Holdings, the government holding entity, which typically owns substantial cash flow rights but disproportional control rights and exercises no operational control. We compare the financial and market performance of GLCs with non-GLCs, where each has a different set of governance structure, the key difference being government ownership. We show that Singaporean GLCs have higher valuations and better corporate governance than a control group of non-GLCs. The results hold even when …

Religion Classes In State Institutions In Post-Soviet Russia, Joseph A. Loya O.S.A.

Occasional Papers on Religion in Eastern Europe

No abstract provided.

Cvitkovic's "Konfesija U Ratu [Religion In War]" - Book Review, Mitja Velikonja

Occasional Papers on Religion in Eastern Europe

No abstract provided.

Uneasy Tolerance: Interreligious Relations In Bulgaria After The Fall Of Communism, Ina Merdjanova

Occasional Papers on Religion in Eastern Europe

No abstract provided.

László'S "Church And State In Hungary, 1919-1945" - Book Review, Csaba Fazekas

Occasional Papers on Religion in Eastern Europe

No abstract provided.

Interface Between Ip And Competition Law In Taiwan, Kung-Chung Liu

Research Collection Yong Pung How School Of Law

The modernization of Taiwan’s intellectual property (IP) laws has been most marked in the last 10 to 15 years.] During that period, Taiwan also responded to U.S. Section 301 pressure by enacting and enforcing the Fair Trade Act of 1991, a general competition law. The issue of the interface between IP and antitrust law has gradually gained sigdcance in the last couple of years. To some extent, as its development in Taiwan testifies, competition law has circumscribed the scope of IP laws and inacted a spd-over effect on the IP laws. The ramification of competition law in Taiwan with regard …

Effects Of Technological Improvement In The Ict Producing Sector On Business Activity, Hian Teck Hoon, Edmund S. Phelps

Research Collection School Of Economics

It seems to be taken for granted by many commentators that the sharp decline in prices of computers, telecommunications equipment and software resulting from the technological improvements in the information and communications technology (ICT)-producing sector is good for jobs and is a major driving force behind the non-inflationary employment miracle and booming stock market in the latter half of the nineties in the U.S. and their recurrence since 2004. We show that, in our model, a technical improvement in the ICT-producing sector by itself cannot explain a simultaneous increase in employment and a rise in firms’ valuation (or Tobin’s Q …

How Well Can We Target Resources With Quick-And-Dirty Data?: Empirical Results From Cambodia, Tomoki Fujii

Research Collection School Of Economics

Proverty reduction is a top priority for international organizations, governments and non-gorvernmental organizations. The aid resources available for poverty reduction are, however, severely constrained in many countries. Minimizing the leakage of aid resources to the non-poor is a key to maximize poverty reduction with the limited amount of resources available. One Way to minimize such leakage to to target resources geographically. That is, policmakers can move resources to the poorest parts of the country. Geographic taregting can quite effective when poverty is unevenly distributed across the country, and this proves to be the case in many countries.

Central Asia: Mapping Future Prospects, Malcolm Dowling, Ganeshan Wignaraja

Research Collection School Of Economics

Central Asia has emerged as one of the world’s fastest growing regions since the late 1990s and has shown notable development potential. This is significant for a region comprising largely of small landlocked economies with no access to the sea for trade. Among the advantages, of the region are its high- priced commodities (oil, gas, cotton and gold), reasonable infrastructure and human capital as legacies of Soviet rule; and a strategic location between Asia and Europe. Furthermore, many Central Asian Republics (CARs) have embarked on market-oriented economic reforms to boost economic performance and private sector competitiveness. Central Asia: Mapping Future …

Competition Policy In Indonesia, Malcolm Dowling

Research Collection School Of Economics

The Indonesian economy was dominated by the government in the decades of the 1970s and 1980s through its control of major mining, manufacturing and agricultural activities. Hill (2000) estimates that as much as 40% of non-agricultural GDP was accounted for by government entities in the late 1980s There were still a lot of government corporations up until the late 1980s and early 1990s and governmental control over the banking system was still substantial.

Homeostasis And Well Being, Malcolm Dowling, Chin Fang Yap

Research Collection School Of Economics

The paper suggests that maintenance of a homeostatic equilibrium provides a rationale for many actions of economic agents. Homeostatic equilibrium has physical, economic, emotional, psychological and environmental dimensions. The characteristics of this equilibrium include feelings of safety, trust, connectedness with friends, family and community, and a predictable and welcoming social and work environment. Individuals generally make decisions that help them move toward and achieve this state of equilibrium. Departure from homeostasis reduces well being and stimulates agents to take actions that will return them to a state of homeostasis. This hypothesis is tested with probit analysis using sample responses from …

A Semi-Parametric Estimator For Censored Selection Models With Endogeneity, Myoung-Jae Lee, Francis Vella

Research Collection School Of Economics

We propose a semi-parametric least-squares estimator for a censored-selection (type 3 tobit) model under the mean independence of the outcome equation error u from the regressors given the selection indicator and its error term ɛ. This assumption is relatively weak in comparison to alternative estimators for this model and allows certain unknown forms of heteroskedasticity, an asymmetric error distribution, and an arbitrary relationship between the u and ɛ. The estimator requires only one-dimensional smoothing on the estimate of ɛ. We generalize the estimator to allow for an endogenous regressor whose equation contains an error w related to u and discuss …

Strategy Meets Evolution: Games Suppliers And Producers Play, Brishti Guha

Research Collection School Of Economics

Final goods producers, who may be intrinsically honest (a behavioral type) or opportunistic (strategic), play a repeated game of imperfect information with suppliers of an input of variable (and non-verifiable) quality. Returns to cheating are increasing in the proportion of intrinsically honest producers. If producers compete for another scarce input, adverse selection reduces this proportion enough to enforce universal honesty, whether at a high or a low quality equilibrium. This mechanism limits the proportion of behavioral types in the population of producers over a wide range of parameters: despite their inability to compete with opportunists, they are not wholly wiped …

Central Asia's Transition After Fifteen Years: Growth And Policy Choices, Malcolm Dowling, Ganeshan Vignaraja

Research Collection School Of Economics

This paper presents a coherent and systematic analysis of the collapse and subsequent revival of the Central Asian Republics (CARs) since 1990. The focus is on the pattern of growth and structural change during the cycle of decline and subsequent revival in the CARs which have been inadequately analyzed in the literature on transition. The paper relates economic performance to initial conditions, country characteristics and policies. Within this framework, it proposes a simple typology of policies (including a new Type III set of policies on regional cooperation and industrial competitiveness) and relates them to the cycle of decline and revival …

2006 Report On Nonprofit Executive Transition, Laura Deitrick, Paige Creager

Nonprofit Leadership and Capacity Building

Recent national studies of executives in the nonprofit field have indicated that the sector will soon be facing a massive transition in leadership. In this study, the Center sought to define and understand the challenges posed by executive transition, and how it pertains specifically to San Diego nonprofit sector. Particular focus was placed on the number of San Diego nonprofit executives who plan to retire or leave their positions in the next 5 years.

2006 Executive Transition In The San Diego Nonprofit Sector Executive Summary, Laura Deitrick, Paige Creager

Nonprofit Leadership and Capacity Building

EXECUTIVE SUMMARY: Recent national studies of executives in the nonprofit field have indicated that the sector will soon be facing a massive transition in leadership. In this study, the Center sought to define and understand the challenges posed by executive transition, and how it pertains specifically to San Diego nonprofit sector. Particular focus was placed on the number of San Diego nonprofit executives who plan to retire or leave their positions in the next 5 years.

Functional Sunspot Equilibria, Shurojit Chatterji, Subir Chattopadhyay

Research Collection School Of Economics

Consider a one step forward looking model where agents believe that the equilibrium values of the state variable are determined by a function whose domain is the current value of the state variable and whose range is the value for the subsequent period. An agent's forecast for the subsequent period uses the belief, where the function that is chosen is allowed to depend on the current realization of an extrinsic random process, and is made with knowledge of the past values of the state variable but not the current value. The paper provides (and characterizes) the conditions for the existence …

More Efficient Estimation In Nonparametric Regression With Nonparametric Autocorrelated Errors, Liangjun Su, Aman Ullah

Research Collection School Of Economics

We define a three-step procedure for more efficient estimation of the nonparametric regression mean with nonparametric autocorrelated errors. The procedure is based upon a nonparametric prewhitening transformation of the dependent variable that has to be estimated from the data by a local polynomial technique. We establish the asymptotic distribution of our estimator under weak dependence conditions and show that it is more efficient than the conventional local polynomial estimator. Furthermore, we consider criterion functions based on the linear exponential family, which include the local polynomial least squares criterion as a special case. Simulation evidence suggests that significant gains can be …

A Simple Test For Multivariate Conditional Symmetry, Liangjun Su

Research Collection School Of Economics

This paper proposes a simple consistent nonparametric test of multivariate conditional symmetry based on the principle of characteristic functions. The test statistic is shown to be asymptotically normal under the null and consistent against any conditional asymmetric distributions.

Meeting Minutes, Wku Student Government Association

Student Government Association

Meeting to discuss senate vacancies, state budget, Listen Up Legislators program, SGA 40th anniversary, awards and legislation.

Meeting Minutes, Wku Staff Council

Staff Council

Minutes of the January 31, 2006 meeting.

Cleaning Up After The Storm: Lessons Learned From The Experiences Of Disaster Volunteers After The May 2004 Storms In Southeast Nebraska, Denise Bulling, Stacey Hoffman, Elissa Dahlberg

University of Nebraska Public Policy Center: Publications

A survey was sent to clean-up volunteers 17 months after they helped with debris removal from an area in Nebraska devastated by tornadoes. The survey asked about their experiences and perceptions related to that volunteer work. The 622 respondents offered suggestions to enhance the processes used to deploy and supervise disaster clean-up volunteers. These respondents were generally older and more educated than the demographics of the area would suggest. They reported being motivated to volunteer primarily for altruistic reasons and generally had positive experiences. Those volunteers who reported experiencing some distress as a result of their disaster volunteer experience were …

Ua12/2/1 College Heights Herald, Vol. 81, No. 26 [28], Wku Student Affairs

WKU Administration Documents

WKU campus newspaper reporting campus, athletic and Bowling Green, Kentucky news. Articles in this issue:

• Harrell, Bobby. Nursing Waiting List Grows Long
• Bosken, Nina. Chinese Celebrate New Year
• Richardson, Kelly. Students, Faculty Join Local Protest – Greenwood High School Dress Code
• Coulter, Amber. University Presidents to Speak on Budget
• Paul, Corey. Student Arrested During Class – Montez Johnson
• Paul, Corey. Professor Stable after Severe Fall – Youn Kim
• Coulter, Amber. Kentucky State Supreme Court to Review Melissa “Katie” Autry Estate Appeals
• Fee is Fine
• Ploch, William. Governor’s Races Could Take Center Stage
• McNamara, Andrew. Indiana Coal May Cut Costs at …

Meeting Agenda, Wku Student Government Association

Student Government Association

Agenda for January 31, 2006 meeting.

Seconds - Newsletter, Wku Student Government Association

Student Government Association

WKU Student Government Association newsletter seconds, includes issues January 31, February 7, 14, 21, 28, March 7, 14, 28, April 4, 18, 24 and 25.

Strategic Labeling And Trade Of Gmos, Luc Veyssiere, Konstantinos Giannakas

Department of Agricultural Economics: Faculty Publications

The emergence of agricultural biotechnology and the subsequent introduction of genetically modified organisms (GMOs) into the food system have been among the most controversial issues surrounding the increasingly scrutinized agri-food system. They have received considerable attention in the economics literature with the main focus being on the optimal regulatory response to products of biotechnology. This paper builds on the literature on the regulation of products of biotechnology by placing the analysis of labeling decisions in a multi-country context. Specifically, the objective of this study is to examine the effect of the strategic interdependence between countries on their regulatory responses to …

Analysis Of The Regulatory Effects Of California Specialty Crops: An Examination Of Various Issues Impacting Selected Forest Products, Tree Fruit, Nut, And Vegetable Crop Industries, Sean P. Hurley, Richard Thompson, Christopher Dicus, Lori Berger, Jay E. Noel

Agribusiness

In a research report for the California Institute for the Study of Specialty Crops, Hurley provided a broad overview of the web of regulatory bodies affecting California agricultural producers. He found that California specialty crop producers must comply with multiple regulations from multiple local, state, and federal agencies. Locally, producers must comply with county land use regulations developed by the county, as well as, regulations established by the County Agricultural Commissioner. At the state level, producers must follow the regulations established by California Environmental Protection Agency (CALEPA), the Department of Pesticide Regulation (DPR), and the California Department of Food and …

Spartan Daily, January 31, 2006, San Jose State University, School Of Journalism And Mass Communications

Spartan Daily (School of Journalism and Mass Communications)

Volume 126, Issue 3

New Mexico Labor Market Review 01-31-2006, New Mexico Department Of Labor

Historic Publications

The New Mexico Labor Market Review is a monthly publication presenting statistical data and analysis on labor market conditions throughout New Mexico. Issues examine statewide and regional trends in employment, unemployment, labor force estimates, industry activity, wages, occupational demand, and related economic conditions, often accompanied by feature articles on topics affecting the state’s economy. This issue covers December 2005.

Lanthorn, Vol. 40, No. 38, January 30, 2006, Grand Valley State University

Volume 40, July 14, 2005 - June 15, 2006

Lanthorn is Grand Valley State's student newspaper, published from 1968 to the present.