Economics Commons^™

World Food Crisis: Imperfect Markets Starving Development, A Decomposition Of Recent Food Price Increases, Christine Costello

College of Business: Dissertations, Theses, and Student Research

The recent decade has experienced two rather substantial food price spikes. This thesis sets out to provide an in-depth look at the recent food price increases by achieving two goals: assessing the forces driving food prices, and determining the magnitude of those forces. These goals are reached by reviewing selected rhetoric on the recent food price increases, analyzing case studies, and lastly determining our modeling capabilities in decomposing food price changes. Additionally, this thesis will serve as a tool for stakeholder's to better address critical policy issues surrounding food, agriculture, and energy policies.

Adviser: Hendrik Van Den Berg

The Urban Fabric Of The Great Plains, Andrew Becker

Department of Environmental Studies: Undergraduate Student Theses

To most Americans the Great Plains region of North America is mysterious place. There are disagreements when defining its limits, and some people just refer to it as the Midwest. The Great Plains has been a place under an ocean, a place under glaciers, and a place on fire. It was once dubbed “the Great American Desert,” but is now known for its agricultural viability. The Great Plains sparks imagination because it is so massive and was one of the final frontiers for Euro-American settlement. The Great Plains is seen as a rural place but the majority of the region’s …

Conflicts In The Licensing Process For Transcanada's Keystone Xl Pipeline, F. Gregory Hayden

Department of Economics: Faculty Publications

The purpose of this report is to investigate and explain conflicts involved in the ongoing licensing process whereby TransCanada is attempting to obtain permission from the U.S. Department of State to build a pipeline (named Keystone XL) from the tar sand oil fields of Alberta, Canada to the Gulf Coast. The economic concepts important in guiding this investigation are: (1) rules are important, (2) moral hazard, and (3) corporate strategic misinformation.

Economists emphasize the importance of rules for structuring and determining the working of economic institutions and the social institutions that support, regulate, and enforce the economic institutions. The kind …

Review Of Food Justice. By Robert Gottlieb And Anupama Joshi., Toby Ten Eyck

Great Plains Research: A Journal of Natural and Social Sciences (through 2013)

It is a story about food we have heard before-big is bad; small, local, and organic is better; and if you can link small, local, and organic to students, that is best of all. Part of the problem is that the usual suspects-WalMart, McDonalds, PepsiCo, etc.-have so many more resources than the usual cast of small-is-good heroes eking out a living from the earth and hard work: organic farmers , migrant workers, CSA founders and operators, and similar supporters. Gottlieb and Joshi provide some hope by pointing to a few small victories among the heroes, but it is a fight …

Persistent Place-Based Income Inequality In Rural Nebraska, 1979-2009, David J. Peters

Great Plains Research: A Journal of Natural and Social Sciences (through 2013)

This article addresses a current gap in the inequality literature by identifying demographic and economic factors that best explain persistent income inequality across N = 817 non metropolitan block groups in Nebraska between 1979 and 2009. Over one-half of rural places in Nebraska have average levels of income inequality, one-quarter have persistently low inequality, and one-fifth of places have persistently high levels of income inequality. Results of multinomial logistic regression suggest that persistently high-inequality places in rural Nebraska tend to be smaller, more urbanized, more ethnically diverse, more wealthy, more specialized in high-skill and low-skill industries, and have experienced fast …

Review Of Remaking The Heartland: Middle America Since The 1950s. By Robert Wuthnow, Randolph Cantrell

Great Plains Research: A Journal of Natural and Social Sciences (through 2013)

Shrinking farm numbers, population losses, and empty storefronts on Main Street have come to be seen as symptoms of an inevitable slide to oblivion for many Heartland communities. Empirical evidence of such decline is easily found, making the trend a favorite topic for journalists. In Remaking the Heartland, Robert Wuthnow offers a very different interpretation of the same trends. His central argument is that Middle America (defined as eight states including most of the Great Plains) has been characterized by adaptation to changing social and economic realities in a way that has made the region a "more vibrant contributor …

The Effect Of Tax Increment Financing On Spillovers And School District Revenue, Jennifer A. Bossard

College of Business: Dissertations, Theses, and Student Research

Over the years the urban development financing tool known as Tax Increment Finance (TIF) has been a controversial topic as it relates to fiscal impacts on school districts. This study addresses an important question related to this issue. Does TIF affect non-TIF district property value within the school district? The question is explored by developing a theoretical model that describes the relationship between TIF and school finance and estimating an empirical model that tests the hypotheses stemming from the theoretical model. Although the results are mixed, there is some evidence that TIF does affect non-TIF district property value in the …

Using Monte Carlo Simulations To Establish A New House Price Stress Test, James R. Follain, Seth H. Giertz

Department of Economics: Faculty Publications

The focus of this paper is on the house price stress test (termed ALMO) that was designed to assess the fiscal strength of Fannie Mae and Freddie Mac and, if necessary, to trigger remedial action in order to avert a crisis. We assess whether the ALMO stress test was an adequate representation of an extremely weak housing market, given the best available information leading up to the Great Recession. A Monte Carlo simulation model is developed to estimate the severity of low probability events (i.e., severe house price declines). We illustrate the complexity and subjective nature of the process used …

The Disability Screening Process And The Labor Market Behavior Of Accepted And Rejected Applicants: Evidence From The Health And Retirement Study, Seth H. Giertz, Jeffrey D. Kubik

Department of Economics: Faculty Publications

This paper uses Social Security earnings records linked to data from the Health and Retirement Study to examine the labor market behavior of rejected and accepted disability applicants prior to their application. We find that rejected applicants have substantially lower earnings and labor force participation rates during the decade prior to application than beneficiaries. Also, we find some evidence of a divergence between these groups, with rejected applicants leaving the labor force at a faster rate than beneficiaries as their application date approaches.  One interpretation of these results is that the disability screening process on average separates those who are …

Industrial Diversity And Economic Performance: A Spatial Analysis, Hoa Phu Duy Tran

College of Business: Dissertations, Theses, and Student Research

This study examines the linkage between industrial diversity and economic growth in the 48 contiguous states of the United States.  The period of analysis is 1992 through 2009.  Five diversity indices are considered and economic growth is measured as the growth rate of nonfarm earnings.  Other variables thought to influence economic growth are included in the analysis.  They are the growth rate of nonfarm employment, capital, and farm earnings.  Tests for the endogeneity of variables are conducted and the need for instrumental variable estimation methods is demonstrated.

First, I consider multivariate model that relates nonfarm earnings growth to the diversity …

Economic Input–Output Life Cycle Assessment Of Water Reuse Strategies In Residential Buildings And Communities, Derek J. Gardels

Department of Civil and Environmental Engineering: Dissertations, Theses, and Student Research

The objective of this study was to determine the environmental sustainability and economic feasibility of five water reuse designs using economic input-output life cycle assessments and benefit/cost analyses. These five water reuse designs were evaluated for four regions of the United States including the Northwest (Seattle), Southwest (Scottsdale), Midwest (Omaha), and Southeast (Tampa). The water reuse designs include a greywater reuse system with no treatment for sub-surface landscape irrigation for a single-family residential house (Model 1), an indoor greywater reuse system with treatment for toilet flushing and laundry washing for a single-family residential house (Model 2), a hybrid untreated greywater …

Three Essays On Fdi In China, Mingming Pan

College of Business: Dissertations, Theses, and Student Research

Foreign Direct Investment (FDI) has contributed a great deal to China’s extraordinary growth by injecting capital into the economy, creating jobs, transferring technology and knowledge, enhancing trade, bringing in competition for local enterprises, improving the quality of local labor and intermediate goods suppliers, and connecting China’s gradually opening economy to the global market. For over a decade, China has been the second largest recipient of inward FDI in the world behind the United States. In 2009, China received $95 billion, which is 8.5% of the world’s total. However, the large amount of inward FDI has been unevenly distributed across Chinese …

The Role Of Sorghum In Food Security In Central America, Lloyd W. Rooney

INTSORMIL Presentations

Discusses the qualities of sorghum that make it suitable for human consumption, with a focus on its use in Central America.

Animal Welfare: Perceptions Of Nonmetropolitan Nebraskans: 2011 Nebraska Rural Poll Results, Rebecca J. Vogt, Randolph L. Cantrell, Bradley Lubben, Connie Reimers-Hild

Nebraska Rural Poll

Almost all rural Nebraskans recognize the importance of livestock and poultry production to the state’s economy and most rural Nebraskans are familiar with livestock care practices. In fact, many rural Nebraskans have experience raising beef cattle, poultry and swine. They have less experience with dairy production.

Most rural Nebraskans believe animal welfare means providing adequate exercise, space and social activities for the animals in addition to food, water and shelter. However, the vast majority of rural Nebraskans agree that animal welfare means at least providing adequate food, water and shelter to livestock animals.

Most rural Nebraskans trust livestock farmers and …

Quality Of Life In Nonmetropolitan Nebraska: 2011 Nebraska Rural Poll Results, Rebecca J. Vogt, Randolph L. Cantrell, Bradley D. Lubben, Connie Reimers-Hild

Nebraska Rural Poll

Most rural Nebraskans are positive about their current situation. And, they continue to be generally positive about their future situation. Over one-half (52%) of rural Nebraskans think they are better off than they were five years ago and just under one-half (45%) think they will be better off ten years from now.

Certain groups remain pessimistic about their situation. Persons with lower household incomes, older persons, persons with lower educational levels and persons who are divorced or separated are the groups most likely to be pessimistic about the present and the future.

When asked if they believe people are powerless …

Community Life In Nonmetropolitan Nebraska: Current Perceptions And Future Strategies: 2011 Nebraska Rural Poll Results, Rebecca J. Vogt, Randolph L. Cantrell, Bradley D. Lubben, Connie Reimers-Hild

Nebraska Rural Poll

By many different measures, rural Nebraskans are positive about their community. Many rural Nebraskans rate their community as friendly, trusting and supportive. Most rural Nebraskans also say it would be difficult to leave their community. In addition, most rural Nebraskans disagree that their community is powerless to control its future.

Differences of opinion exist by the size of their community. Residents of smaller communities are more likely than residents of larger communities to rate their community favorably on its social dimensions and to have positive sentiments about their community. However, residents of larger communities are more likely than residents of …

The Digital Age: Nonmetropolitan Nebraskans’ Use Of Technology: 2011 Nebraska Rural Poll Results, Rebecca J. Vogt, Randolph L. Cantrell, Bradley D. Lubben, Connie Reimers-Hild

Nebraska Rural Poll

Most rural Nebraskans use the Internet or email from home. The groups most likely to use the Internet or email from home include: persons living in or near larger communities, residents of the Panhandle region, persons with higher household incomes, younger persons, females, married persons, persons with higher education levels and persons with management, professional or education occupations. The Internet applications used by the majority of rural Nebraskans include: research, looking for health information, purchasing a product, watching a video and social networking.

Most rural Nebraskans have positive opinions about shopping online: that the Internet is the best place to …

Coaching Leaders: Co-Creating Purpose Based Innovation, Connie I. Reimers-Hild

Kimmel Education and Research Center: Presentations and White Papers

The purpose of the presentation was to demonstrate the importance and effectiveness of coaching leaders in today's global economy. Leadership coaching has the potential to co-create innovation in organizations of all sizes. Three case studies were shared. In each example, Dr. Connie presented the effectiveness of her coaching program. Each case study demonstrated the power of leadership and innovation on the economy, society and individual.

Comment On Richardson: Progressive Federal Taxation Drives Redistribution From Blue To Red States, Seth H. Giertz

Department of Economics: Faculty Publications

Professor Richardson documents redistribution from Democratic states to Republican states and links this to the 1994 "Republican revolution" -- suggesting a deliberative effort by Republicans to redistribute income towards their constituents. Seth Giertz of the University of Nebraska argues that what Professor Richardson's analysis really shows is that "red" states -- but not necessarily Republicans within those states -- are (increasingly) the major beneficiaries of federal redistributive policies -- and that "blue" states are (increasingly) the benefactors.

The Elasticity Of Taxable Income During The 1990s: New Estimates And Sensitivity Analyses, Seth H. Giertz

Department of Economics: Faculty Publications

Over the past two decades, the elasticity of taxable income has emerged as the central parameter for assessing efficiency and revenue implications from changes to tax policy. This article estimates short- and longer-run responses of taxable (and gross) income to changes in tax rates using panels of U.S. tax returns for the 1990s. With the richest set of income controls, income-weighted elasticity estimates range from 0.19 to 0.33, depending on whether responses are measured over one- or three-year intervals. An alternative approach designed to capture delayed and anticipatory responses yields much larger estimates -- ranging from 0.43 over the short …

Preservation Ethics In The Case Of Nebraska's Nationally Registered Historic Properties, Darren Michael Adams

Department of Geography: Dissertations, Theses, and Student Research

This dissertation focuses on the National Register of Historic Places and considers the geographical implications of valuing particular historic sites over others. Certain historical sites will either gain or lose desirability from one era to the next, this dissertation identifies and explains three unique preservation ethical eras, and it maps the sites which were selected during those eras. These eras are the Settlement Era (1966–1975), the Commercial Architecture Era (1976–1991), and the Progressive Planning Era (1992–2010). The findings show that transformations in the program included an early phase when state authorities listed historical resources pertaining to the settlement of the …

Health And Growth: Causality Through Education, Rui Huang, Lilyan E. Fulginiti, E. Wesley Peterson

Department of Agricultural Economics: Faculty Publications

Purpose--The paper theoretically and empirically investigates the impact on human capital investment decisions and income growth of lowered life expectancy as a result of HIV/AIDS and other diseases. Design/methodology/approach--The theoretical model is a three-period overlapping generations model where individuals go through three stages in their life, namely, young, adult and old. The model extends existing theoretical models by allowing the probability of premature death to differ for individuals at different life stage, and by allowing for stochastic technological advances. The empirical investigation focuses on the effect of HIV/AIDS on life expectancy and on the role of health on educational investments …

The Green Revolution Of The 1960'S And Its Impact On Small Farmers In India, Kathryn Sebby

Department of Environmental Studies: Undergraduate Student Theses

The Green Revolution was initiated in the 1960’s to address the issue of malnutrition in the developing world. The technology of the Green Revolution involved bio-engineered seeds that worked in conjunction with chemical fertilizers and heavy irrigation to increase crop yields. The technology was readily adopted in many stated in India and for some was a great success. However, there were many farmers who could not afford the inputs necessary to participate in the Green Revolution and gaps between social classes widened as wealthy farmers got wealthier and poor farmers lagged behind. This paper discusses how small farmers were affected …

Taiwanese Industry Competitiveness When Outward Fdi Is Defensive, Ling Sun, Lilyan E. Fulginiti, Yo-Chan Chen

Department of Agricultural Economics: Faculty Publications

The main purpose of this study is to examine the links between outward FDI and the competitiveness of Taiwanese industries. This is done by emphasizing the difference between ‘defensive’ versus ‘expansionary’ outward FDI. The empirical study is based on a panel data of 15 industries over the period 1991–2001. The results indicate that outward FDI of the defensive type, in particular that destined to China, while increasing industry efficiency has had a significant negative influence on competitiveness of the Taiwanese industry through its effects on innovative activity. While outward FDI has impacted the industry’s productivity growth it has not decreased …

The Role Of Conservation Research And Education Centers In Growing Nature-Based Tourism, Richard C. Edwards, Eric Thompson

Department of Economics: Faculty Publications

There are increasing numbers of private (nonprofit and for-profit) centers that carry out conservation research and education in locations of environmental concern. Such centers generate revenue streams that directly support conservation programs and also sustain surrounding human communities. This paper assesses the size of the centers' economic impacts. We conducted separate studies of the economic impacts of the Cheetah Conservation Fund (Namibia) and (jointly) the Rowe Bird Sanctuary and Whooping Crane Trust (central Nebraska, USA). We collected data on direct expenditures and surveyed visitors and volunteers on their spending. For the Cheetah Conservation Fund, we estimate total economic impact using …

Economic Outlook 2010: Innovation, Connie I. Reimers-Hild

Kimmel Education and Research Center: Presentations and White Papers

This article discusses the importance of innovation to individuals and the overall economy.

Is Economics Coursework, Or Majoring In Economics, Associated With Different Civic Behaviors?, Sam Allgood, William Bosshardt, Wilbert Van Der Klaauw, Michael Watts

Department of Economics: Faculty Publications

Studies regularly link levels of educational attainment to civic behavior and attitudes, but only a few investigate the role played by specific coursework. Using data collected from students who attended one of four public universities in our study, we investigate the relationship between economics coursework and civic behavior after graduation. Drawing from large samples of students in economics, business, or general majors, we compare responses across the three groups and by the number of undergraduate economics courses completed. We find that undergraduate coursework in economics is strongly associated with political party affiliation and with donations to candidates or parties, but …

Reinventing An Innovation Ecology With New Models For Research And Research Parks, Robert G. Wilhelm, Barry L. Burks

Department of Mechanical and Materials Engineering: Faculty Publications

A novel effort to reinvent the innovation ecology of the Charlotte region is described. The methods and approaches are particularly relevant for restarting both local and global economies. Addressing requirements for faster innovation and more diverse innovation cycles, the research enterprise of the University of North Carolina at Charlotte, the Charlotte Research Institute, the University Research Park, and a diverse collection of partners are working together to recast university research models and research park paradigms. Best practices are discussed for technology transfer based on interdisciplinary applied research. A novel collaboration model developed by the Charlotte Research Institute is described. Guiding …

Gresham's Law In The 21St Century, Joshua Finnell

E-JASL: Electronic Journal of Academic and Special Librarianship (1999-2009, Volumes 1-10)

Abstract

Research indicates that most people today satisfy their information needs through the Internet. As we move deeper into the information age, librarians must embrace the role of inculcating information literacy skills lest Gresham’s Law of economics becomes a reality in our information economy. This article discusses the probabilistic nature of the Internet against the backdrop of Gresham’s Law.

Hot Potato: Who Will End Up Paying For Open Access?, Sue Ann Gardner

University of Nebraska-Lincoln Libraries: Faculty Publications

Open access to scholarly content is increasing, and will continue to do so. This phenomenon is driving the economics of publishing to change dramatically. The question is: what will the economics of open access look like when this correction settles into a sustainable model? I will cover some of the ideas that have recently been articulated by economists, information professionals and others regarding retooling the evolving publishing business model, and will present some proposed solutions to the problem of “who is going to pay for it?”