Economics Commons^™

Coming To Grips With Growth In The West: Traditional Communities, Free Rivers, And The New Megalopolises, Charles Wilkinson

Dams: Water and Power in the New West (Summer Conference, June 2-4)

25 pages.

Contains 2 pages of references.

Damming The West: Development Of Western Water Resources, Gilbert F. White

Dams: Water and Power in the New West (Summer Conference, June 2-4)

8 pages.

The Subsidization Of Emperor Mines Limited, Roman Grynberg, Peter Fulcher, Peter Dryden

Pacific Studies

The relationship existing between the Emperor group of companies and the government of Fiji is examined over a forty-year period. During a substantial part of this time the company has been subsidized by the state. Focus is on one particular period, beginning in the early 1980s when the company received taxfree status for its gold-mining operations in Fiji. The study attempts to quantify the value of subsidies offered to Emperor Mines Limited under the terms of the Vatukoula tax agreement between the state and the mining company. The authors argue that by the standards of gold-mining taxation agreements in developing …

Do Pacific Islanders In The United States Hold “Good” Jobs?, Dennis A. Ahlburg

Pacific Studies

In the 1980s, the quality of the jobs held by Pacific Islander householders generally improved, while job quality declined for the average American householder. The factors that improved the economic position of a Pacific Islander household--education, work experience, and good English language skills-- were the same as those that improved the position of other households in the United States. Over the decade, Pacific Islander householders generally acquired more of these productive attributes, which helped them to find employment, get access to better jobs, and increase their earnings.

The U.S. Defense Industry After The Cold War, Murray L. Weidenbaum

Murray Weidenbaum Publications

The U.S. defense industry is adjusting to the end of the Cold War far more rapidly and effectively than was generally expected. Current security decision-makers can count on the presence of a strong defense industrial base. But that situation cannot be taken for granted in the years ahead and judging the industrial base capacity is challenging. It requires us to deal with international issues during a time of domestic concern, to consider military outlays in a period of budgetary austerity, and to worry about the competition for the production of weapons systems when the economy is undergoing a wave of …

The Open Door In Paradise? United States Strategic Security And Economic Policy In The Pacific Islands, 1945-1947, Hal M. Friedman

Pacific Studies

No abstract provided.

Vol. 20 No. 1 (1997): Pacific Studies Full Issue, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies

Pacific Studies

Pacific Studies is published two times a year by The Jonathan Nāpela Center for Hawaiian and Pacific Studies, Brigham Young University Hawai‘i #1979, 55–220 Kulanui Street, Lāʻie, Hawai‘i 96762, but responsibility for opinions expressed in the articles rests with the authors alone. Subscription rate is US$40.00 yearly, payable to The Jonathan Nāpela Center for Hawaiian and Pacific Studies. The Jonathan Nāpela Center for Hawaiian and Pacific Studies (formerly The Pacific Institute) is an organization funded by Brigham Young University Hawai‘i. The Center assists the University in meeting its cultural and educational goals by undertaking a program of teaching, research, and …

Vol. 20 No. 1 (1997): Pacific Studies Front Matter, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies

Pacific Studies

Pacific Studies is published two times a year by The Jonathan Nāpela Center for Hawaiian and Pacific Studies, Brigham Young University Hawai‘i #1979, 55–220 Kulanui Street, Lāʻie, Hawai‘i 96762, but responsibility for opinions expressed in the articles rests with the authors alone. Subscription rate is US$40.00 yearly, payable to The Jonathan Nāpela Center for Hawaiian and Pacific Studies. The Jonathan Nāpela Center for Hawaiian and Pacific Studies (formerly The Pacific Institute) is an organization funded by Brigham Young University Hawai‘i. The Center assists the University in meeting its cultural and educational goals by undertaking a program of teaching, research, and …

Contributors: Vol 20 No. 1, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies

Pacific Studies

Contributors list of Vol. 20 (1997): Pacific Studies Full Issue 1

A Review And Forecast Of The Onondaga County Economy, Shannon Felt, James R. Follain, Suzanne Mccoskey

Center for Policy Research

The purpose of this paper is to review the economy of Onondaga County and to offer a forecast of its future until the year 2035. This information will be used in forming a plan to improve the quality of Onondaga Lake. Understanding the past and the forecastable future is crucial to the formation of this plan and to anyone with a stake in the county’s future economic growth. To create this review and forecast, we used the REMI model, a multi-equation model of a local or regional economy and is a tool that is widely used in studies of this …

Science--The Endless Frontier: A Half Century Later, Murray L. Weidenbaum

Murray Weidenbaum Publications

In July 1945, Vannevar Bush wrote the treatise that outlined federal science policy for the next 50 years: Science - The Endless Frontier. Given that the government had not financed in any significant way any non-agricultural research prior to WWII, Bush's report fundamentally altered the federal government's approach to scientific research. The report also strongly influenced the congressional decision to establish the National Science Foundation. Nevertheless, federal government did not implement Bush's policy recommendations, and today there is a shortness of vision to science policy planners. Just as private industry faces an enlarged need for the fruits of R&D, the …

Onondaga County's Economic Performance Since 1980 And Prospects For The Next Decade, William Duncombe, Wilson Wong

Center for Policy Research

The last three decades have been a time of transition for the economy of Onondaga County. After its poor performance in the 1970s, it rebounded during most of the 1980s. Since then the county economy has stagnated and even declined in key sectors. This report probes behind these aggregate trends to shed light on the nature of the changing county economy. To put these trends in perspective, the county's performance is compared to that of other metropolitan areas and regions in New York State and several fast growing metropolitan areas in the South. Understanding the reasons for Onondaga County's current …

Toward A Healthier Environment And A Stronger Economy: How To Achieve Common Ground, Murray L. Weidenbaum, Christopher Douglass, Michael Orlando

Murray Weidenbaum Publications

Economic and environmental interests are typically opponents in the public arena. Most efforts to bridge intellectual differences involve economists trying to get environmentalists to develop an "economic way of thinking" while conversely, ecologists attempt to sway economists toward kinder environmental values. It is time for a new approach to public policy that takes advantage of the middle ground between these two ideologies. This study presents six specific reforms that make both sound economic and environmental sense. These reforms occur within selected government spending programs, special federal tax provisions, and particular regulatory requirements.

Stochastic Modeling Of Active Life And Its Expectancy, Douglas A. Wolf, Sarah B. Laditka

Center for Policy Research

The concept of “active” (or “disability-free”) life, and its average value, has proven to be a useful index of public health and of quality of life for populations. A question of great interest in recent years is whether recent trends towards longer life expectancy have been accompanied by comparable increases in active life expectancy. Past research on patterns and trends of active and “inactive” life has focused almost exclusively on the expectancy—or, the average value—of years spent with and without disability. This measure is useful for actuarial calculations, for example analysis of the insurance value of programs that provide long-term …

Who Minimum Wage Increases Bite: An Analysis Using Monthly Data From The Sipp And Cps, Richard V. Burkhauser, Kenneth A. Couch, David C. Wittenburg

Center for Policy Research

In this paper we use an estimating equation from the research of leading proponents of the view that minimum wage increases do not cause employment losses. Rather than using annual data from the May Current Population Survey (CPS), we test this hypothesis using monthly data from both the Survey of Income and Program Participation (SIPP) and the CPS. We find the traditional result that neoclassical theory would predict: minimum wage increases create employment losses that are concentrated among less valued workers. Minimum wage increases have an insignificant effect on the employment of prime age workers (aged 25 to 61), but …

The Quiet Reversal Of U.S. Climate Change Policy, Murray L. Weidenbaum, Christopher Douglass

Murray Weidenbaum Publications

This paper calls for an immediate and extensive Congressional and national debate about the scope of climate change and the role of the U.S. in addressing this issue before passing any international laws.

The Future Of China: Three Scenarios, Murray L. Weidenbaum

Murray Weidenbaum Publications

This article looks at the rise of China as a world power and how this will impact American businesses.

Where Do The Rents Go? Land Ownership In An Urban Model, Stephen Ross, John Yinger

Center for Policy Research

Despite the predominance of homeownership, general equilibrium urban models assume that rents flow to absentee landlords or are redistributed to residents. This paper explores open urban models with more realistic forms of land ownership, namely ownership of shares in a land corporation and individual home ownership. These models, which produce capital gains and losses for residents, can yield different comparative static results than previous open models, with post-shock bid functions that are flatter at the periphery or steeper at the center. Moreover, shocks to these models cannot in general be analyzed without knowing the characteristics of all the urban areas …

An Ambitious Agenda For Economic Growth, Murray L. Weidenbaum

Murray Weidenbaum Publications

An extensive array of expenditure, tax, and regulatory reforms could help in shifting the American economy to a sustainable higher growth path. Carrying out needed changes requires more than developing attractive new programs; it also means making a continuous stream of hard choices.

Recounting Winners And Losers In The 1980s: A Critique Of Income Distribution Measurement Methodology, Richard V. Burkhauser, Amy D. Crews, Mary C. Daly

Center for Policy Research

The 1980s have been characterized as a time when the “rich got richer and the poor got poorer.” Using a cross-over point methodology used in several recent studies, we show how sensitive the measurement of winners and losers can be to seemingly small differences in methodological practice. Specifically, we show sensitivity to the years compared, the income sharing unit chosen, and the inflation index used. Our results show that these and other studies of economic well-being exaggerate losses by mixing cyclical with cross-cycle effects

Vol. 19 No. 2 (1996): Pacific Studies Full Issue, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies

Pacific Studies

Pacific Studies is published two times a year by The Jonathan Nāpela Center for Hawaiian and Pacific Studies, Brigham Young University Hawai‘i #1979, 55–220 Kulanui Street, Lāʻie, Hawai‘i 96762, but responsibility for opinions expressed in the articles rests with the authors alone. Subscription rate is US$40.00 yearly, payable to The Jonathan Nāpela Center for Hawaiian and Pacific Studies. The Jonathan Nāpela Center for Hawaiian and Pacific Studies (formerly The Pacific Institute) is an organization funded by Brigham Young University Hawai‘i. The Center assists the University in meeting its cultural and educational goals by undertaking a program of teaching, research, and …

Books Received And Book Notices, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies

Pacific Studies

Book Listing for the Vol 19, No 2 Edition of the Pacific Studies Journal

Charles J. Weeks Jr.'S Review Of Donald D. Johnson's The United States In The Pacific: Private Interests And Public Policies, 1784-1899, Charles J. Weeks Jr.

Pacific Studies

No abstract provided.

Vol. 19 No. 2 (1996): Pacific Studies Front Matter, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies

Pacific Studies

Pacific Studies is published two times a year by The Jonathan Nāpela Center for Hawaiian and Pacific Studies, Brigham Young University Hawai‘i #1979, 55–220 Kulanui Street, Lāʻie, Hawai‘i 96762, but responsibility for opinions expressed in the articles rests with the authors alone. Subscription rate is US$40.00 yearly, payable to The Jonathan Nāpela Center for Hawaiian and Pacific Studies. The Jonathan Nāpela Center for Hawaiian and Pacific Studies (formerly The Pacific Institute) is an organization funded by Brigham Young University Hawai‘i. The Center assists the University in meeting its cultural and educational goals by undertaking a program of teaching, research, and …

Contributors: Vol 19 No. 2, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies

Pacific Studies

Contributors list of Vol. 19 (1996): Pacific Studies Full Issue 2

Financial Capital, Human Capital, And The Transition To Self-Employment; Evidence From Intergenerational Links, Thomas Dunn, Douglas Holtz-Eakin

Center for Policy Research

The environment for business creation is central to economic policy, as entrepreneurs are believed to be forces of innovation, employment and economic dynamism. We use data from the National Longitudinal Surveys (NLS) to investigate the relative importance of financial and human capital exploiting the variation provided by intergenerational links. Specifically, we estimate the impacts of parental wealth and human capital on the probability that an individual will make the transition from a wage and salary job to self-employment. We find that young men’s own financial assets exert a statistically significant, but quantitatively modest effect on the transition to self-employment. In …

Neoisolationism And Global Realities, Murray L. Weidenbaum

Murray Weidenbaum Publications

The United States needs to take the necessary actions to make American business and labor more productive and, thus, more competitive. Tax Reform, regulatory reform, liability law reform, and a modern labor policy can help achieve those goals.

An Estimation Of Three Sets Of Indicators Of Financial Risk Among Multifamily Properties, Amy S. Bogdon, James R. Follain

Center for Policy Research

A lack of information about the financial condition of multifamily properties has hindered the development of a secondary mortgage market in multifamily mortgages and federal policies to finance multifamily housing. The purpose of this paper is to improve our understanding of the financial condition of multifamily properties. The centerpiece of the analysis is the 1991 RFS [U.S. Bureau of the Census]. Three sets of indicators of financial distress are examined in this paper. The first is interest rate related risk. We find that twenty five percent of the properties with mortgages have contract interest rates at least 87 basis points …

The Employment Act Of 1946: A Half Century Of Experience, Murray L. Weidenbaum

Murray Weidenbaum Publications

The enactment of the Employment Act of 1946 established the Council of Economic Advisers and the congressional Joint Economic Committee. This paper discusses the role each has played since then involving economic policy.

Four Approaches To Tax Reform, Murray L. Weidenbaum

Murray Weidenbaum Publications

This report explains four alternatives to the income tax: the flat tax, the saving-friendly USA Tax, a national sales tax, and a value-added tax.