Economics Commons^™

An Economic Analysis Of Foreign Assets, Money Supply, And Inflation In Saudi Arabia, 1963-83, Said Ahmed M. Khalofa

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Until the discovery of oil in Saudi Arabia, the West knew very little about the economic aspects of the country. Since then, foreign assets have grown , and the balance of payment of Saudi Arabia have reflected an accumulation of continuously rising surpluses, particularly after 1973. Real income increased and consequentIy, supply and demand for money increased.

During the period 1974-77, the Saudi economy experienced a high rate of inflation, but during the subsequent years (the late 1970s and the early 1980s) the Saudi inflation rate began declining.

The main objective of the present study is to conduct an empirical …

Exchange Rate Stability And Its Implications For Economic Development Of The Less Developed Countries, Chileshe Hilda Wabo Gowon

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The question that Less Developed Countries have faced since the advent of floating exchange rates among the Industrial Countries is whether they should also adopt a floating exchange rate system. The Less Developed Countries have opted for a pegged exchange rate system, since their economic characteristics and institutional structure indicate that floating for the Less Developed Countries would result in volatile or unstable exchange rates. Since Less Developed Countries peg t heir exchange rates in the presence of flexible rates among industrial countries, the Less Developed Countries pegged exchange rates move in accordance to the exchange rates to which they …

External Borrowing And Economic Development: The Case Of Jordan, Riad Almomani

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

This study examines Jordan's development policy and analyzes the role of Jordan's external public borrowing in economic development during the period 1967-1983. Mainly, Jordan's rapidly increasing external indebtedness is related to its development strategy which is based on the concept of unbalanced growth. This strategy has emphasized' the concentration of development resources (including external loans) in certain areas (e.g. Amman and Zarka) and certain economic sectors (e.g. industry and service) which are assumed to be growth propelling. The agricultural sector has been seriously ignored in Jordan's development process.

Jordan's growth has been quite impressive, but the problems of poverty and …

The Welfare Impacts Of Environmental Regulation In An Open Economy, Nicole Glineur

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The major theoretical and practical economic issues on pollution have apparently been sorted out. However, the bulk of the literature in environmental economics shares a shortcoming: the disregard of the welfare implications and consequences of pollution control.

Traditionally, pollution is viewed as a joint product. In this study, the issue of trade and environmental regulations is cast as a problem of input regulation, and the subsequent welfare implications of input regulation are then derived. The purpose of the present research is to emphasize the welfare consequences of pollution control in the context of international or interregional trade. The Batra and …

Does Inflation Tend To Perpetuate Itself? The Case Of Latin America, Ebrahim Harraf

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The purpose of this study was threefold: (1) to test the existing theory which explains inflation as a result of its self-generating nature; (2) to investigate the contribution of foreign trade upon inflation; and (3) to test the casual relationship between the rate of inflation and the deficit. A system of four equations has been used to explain the relationship between the price level and the monetary expansion, between the rate of growth of the monetary base and the rate of the monetary expansion, the deficit and the monetary base, and, finally, between the deficit and the price level. As …

Optimal Forest Rotation: Decisions Under Conditions Of Certainty And Uncertainty, Rabindra Nath Bhattacharyya

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The existing literature determining the optimal rotation period of a forest stand under conditions of certainty, as well as under uncertainty, lacks the genera 1 scope to be useful. A forest provides timber of commercial value, a flow of recreational services, and other valuable environmental services. Providing goods and services involves benefits as well as costs. Relevant management decisions depend on the net values that can be obtained. The present work developes a more general model for determining an optimal rotation period incorporating various fixed and variable costs associated with timber production and recreational services in an environment of certainty …

The Value Of Microcomputers In Agriculture, John P. Gibney

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The purpose of this paper was two-fold. To examine the hardware and software purchased, training taken, and benefit recieved by farmers recently purchasing micro computers and to demonstrate a systematic approach of evaluating software. Over five hundred farmers that use microcomputers were surveyed on farm size and type, personal and computer system characteristics, and perceived benefit from the computer. Farmers that use computers were found to be younger, have higher incomes and benefit more from their computer systems with time than averages for all farmers. The use of printers and/or modems appeared to be justified for all levels of income. …

The Cost Effective Acquisition And Dissemination Of Market Information: A Computerized Approach, Tammy Burton

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Clearly, many of the developments in computerized market systems are regarded as revolutionary in an industry which has undergone diminutive changes in marketing its products and acquiring current market information. Cognizance of the agricultural market situation is pertinent for maximum production efficiency, bargaining strength, and financial success for producers.

Collectively, producers in Utah face the dilemma of receiving approximately ten percent less in cash receipts for their commodities than their counterparts in surrounding states. Market information that was attainable by producers was often obsolete, redundant, expensive, and irrelevant to the market situation in Utah.

The implementation of a Computerized Market …

Estimation Of Cost And Benefit Of Instream Flow, Parvaneh Amirfathi

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Water flowing in streams has value for various types of recreationists and is essential for fish and wildlife. Since water demands for offstream uses in the arid west have been steadily increasing, increasing instream flows to enhance the recreational experience might be in conflict with established withdrawals for uses such as agriculture, industries and households.

It is the intent of this study to contribute to an economic assessment of the tradeoff between maintaining instream flow for river recreation use and offstream uses; that is, to develop and apply a method to measure costs and benefits of water used for recreation …

Risk In Production, Mamadou Dian Diallo

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Most production activities undertaken involve a certain degree of risk. Agricultural production is particularly risky since it is susceptible to the physical vagaries of nature and all economic and social variations. For most countries, agriculture is an important and vital sector where production decisions are made under risk. Hence, decision making under risk requires careful analysis and represents an important area of study.

The present research has been directed to advance our knowledge about the consequences of risk, and the behavior toward risk in the organization of production, particularly agricultural production. This objective is achieved by a review of risk …

Energy Analysis Of Flat Water Recreation: An Economic Assessment, Craig Leon Howell

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Energy analysts believe that traditional economics and energy markets undervalue the only absolutely limited resource, energy. They have produced methods to supplement or supercede economics.

However, theoretical underpinnings of these methods include an energy theory of value which is shown to be too narrow to support workable economic models or numeraires. Sample rankings of recreational values on four Utah reservoirs, using energy analysis and economic methods, show that the two methods yield opposite rankings.

An Economic Analysis Of Watershed Practices: Impact Of Grazing On Watershed, In-Hwan Kim

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

A theoretical analysis for estimating the social cost and benefits associated with the impact of grazing on rangeland watersheds has been made in this study. A dynamic maximization model is used to derive an optimal utilization of forage by grazing, where forage utilization is treated as a decision variable and the hydrologic outputs of water and sediment are considered as a possible impact resulting from grazing.

A modeling approach to predict the quantities of water runoff and sediment yield from watersheds was employed. A water balance equation and a curve number procedure were used to predict water runoff. For the …

A Dynamic Optimization Model Of Energy Related Economic Planning And Development For The Navajo Nation, Hamid Beladi

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The Navajo reservation located in portions of Arizona, New Mexico and Utah is rich in low sulfur coal deposits, ideal for strip mining operation. Presently, the Navajo Nation has entered into extensive coal leases with several large companies and utilities. Contracts have committed huge quantities of Navajo coal for mining.

The present research has been directed to evaluate the shadow prices of Navajo coal and identify optimal coal extraction. An economic model of coal resource extraction over time has been structured within an optimal control problem has been formulated as a discrete dynamic optimization problem.

A comparison of the shadow …

The Economics Of Information And Spatial Price Behavior: An Empirical Assessment Of Producer's Cattle Prices In The Western Region Of The Usa: 1973-1981, Maria Lourdes Del Rosario Juan

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

This study is an empirical verification of the theories of the economics of information at the cattle producer's market in the U.S. Western Region. Weekly data on producer's price quotations were obtained from CATTLEFAX for 1973 through 1981. The three major objectives of the research are: first, to determine whether price dispersion exists in the cattle producer's market in the Western Region: second, if significant price dispersion are shown to exist, to determine the nature of the regional price distribution; and third, if price dispersion do exist, to determine the implications of the dispersion relative to competitive structure, efficient informational …

Monetary Disequilibrium, Black Market Exchange Rate, And The Balance Of Payments (The Case Of Iran), Reza Kalantar

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The main purpose of this study is to analyze theoretically and empirically the short- run dynamics of Iranian reserve flows, black market exchange rate, and domestic rate of inflation. To achieve this purpose, a monetary approach was adopted to measure the simultaneous effect of an ex ante excess flow supply of money on the three variables.

This study also attempts to test the hypothesis that in the long run growth in output and price level is associated with a balance of payments surplus, while growth in the domestically - determined portion of the money stock tends to be associated with …

On The Effectiveness Of Agricultural Land-Use Controls, Eric Tarquin Marnell

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Land resources are a valuable resource in the economic system. There exists considerable controversy surrounding the allocation of land into the competing land uses. At the heart of this controversy are agricultural land resources. The purpose of this paper is to investigate, first theoretically and second empirically, the effectiveness of controls placed on land use to keep land in agricultural production.

A theoretical conclusion is reached as to whether the free market or 1 and-use controls allocate land resources more efficiently. An empirical model is formulated to explain changes in the quantity of agricultural land as a function of several …

The Effects Of Stochastic Water Availability On Water Allocations In Utah, Gustavo A. Martinez Gerstl

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

A methodology to estimate stochastic surface water flows was developed and applied to a case study area using chance constrained programming model. The results were analyzed as to the effects on different areas of production in Utah.

Economic Impacts Of Water Conservation Measures In Agriculture And Energy Within The Upper Colorado River Basin, Douglas R. Franklin

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The demand for water is increasing in the western United States. Coupled with growing emphasis on development of the western resources, the limited supply of water will create an expanding competitive market for water by agricultural, energy, industrial and municipal users.

The Upper Colorado River Basin is faced with a question of what water conservation measures in the agricultural and energy sectors can be instigated without reducing agricultural output. If the decision is made to adopt water conservation technology measures, this study addresses the impacts in the private and public investment sectors under alternative public policies, i.e., regulation or non-regulation …

Bidding Game Valuations Of Congestion Costs In Winter Sports Areas, Philip B. Halverson

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

During the last three decades, there has been a significant growth in the outdoor recreation industry. In 1969, there were 17.6 million visits to national parks, and by 1978, that number had increased to 283.1 million (Gregory, 1972; U.S. Dept. of Commerce, 1979). Similarly, visits to national forests grew from 5 million in 1925 to over 147 million in 1965 (Clawson and Knetsch, 1966).

An Analysis Of The Production And Marketing Of Pineapples From The Soesdyke/Linden Land Development Project In Guyana, Cyril Kenrick Hunte

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The purpose of this study was to examine the production and marketing behavior of pineapple farmers in the Soesdyke/Linden Land Development Project in Guyana. A random sample was drawn from eight locations in the project and 51 personal interviews were conducted with pineapple farmers. Emphasis was placed on ascertaining the current levels and use of basic inputs in the production process as well as determining the profitability of pineapple production. The nature an extent of the infra-structure provided by government to the project were also examined. Attention was given to the work done on providing roads and transportation as well …

Optimal Exploitation Of Petroleum Resources Using The Average Reservoir Data For The Walton Canyon Reservoir In Summit County, Utah, Behrouz Helmi-Oskoui

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The main concern of this study is to obtain an optimal time path of crude oil and natural gas production by controlling the pressure at the bottom of any producing well in Walton Canyon Reservoir. To achieve this goal, the following objectives were obtained: (a) an estimation of the reservoir properties at different levels of the reservoir pressure; (b) an estimation of an optimal time path of joint production using the estimated reservoir properties and the expected prices and costs in the absence and presence of severance, state, and federal income taxes, and depletion of allowances; and (c) an analysis …

The Unemployment And Reemployment Experiences Of Displaced Workers Resulting From The Shutdown Of Two Utah Mines: The Park City Ventures And The Burgin Mine, Richard A. Davidson

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The purpose of this paper is to study the unemployment and reemployment experiences of displaced workers. Two mines were shut down in 1978 in Utah: the Park City Ventures Mine located in Park City and the Burgin Mine located in Eureka. Data were collected from questionnaires mailed to all the displaced workers of both mines and from personal interviews conducted with mine officials, officials of formal job-search agencies, and union representatives.

The shutdown at Park City Ventures affected 350 workers, and the shutdown at the Burgin Mine affected 153. Both mines qualified for and were certified for Trade Readjustment Act …

An Evaluation Of Two Types Of Summer Home Economics Programs Conducted In Box Elder County, Utah, Kathryn Cannon Jensen

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

A follow-up study, involving students, parents, and teachers that participated in two types of summer home economics programs in Box Elder County during the summer of 1979, was conducted during August, 1979 to collect data relative to the following objectives: (1) to obtain demographic data as to age, sex, and participation in the program; (2) to obtain the subjects feelings about the program; and (3) to gather opinions and suggestions from the respondents about the programs.

Analysis of the data revealed (1) there were more students enrolled in the In-School program than the Home-Visit program. There were more females than …

Economic Impacts Of Irrigation Technologies In The Sevier River Basin, Theodore R. Frickel

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The economic well-being of the semi-arid intermountain area requires efficient use of available water supplies. Agriculture, the major water-consuming industry, depends on irrigation water. The adoption of sprinkler systems that increase irrigation "efficiencies" and increase water available for irrigation upstream may interfere with the "tenure" of downstream water rights. The farmers would like to use the water saved to irrigate additional acreages or crop to provide greater profits.

The problem in letting farmers expand their irrigated acreage is that the individual farmer increases his profits through increased consumptive use. The consequent reduction in return flows reduces the water available to …

Utah Employer Attitudes Towards Sponsoring Day Care For Employees, Diane Hart

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The purposes of this study were to: 1) examine and contrast hospital administrator attitudes and manufacturing company president (or manager) attitudes in relation to the possibility of having more Utah employers establish organized day care facilities on sites of employment, and 2) determine which factors of employee composition and available facilities and services affect employer attitudes towards day care involvement.

Information from the questionnaire developed for the study was statistically analyzed by the Pearson r correlation coefficient and one-way analysis of variance. Many factors proved to be statistically significant.

Overall, it was found that hospitals were more interested in day …

An Agricultural Model For The Central And Sacaba Valleys In Cochabamba, Bolivia, Carlos A. Ibañez-Meier

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The purpose of this thesis is to assess the impact of increasing the quantity of water supplied for irrigated agriculture in the Central and Sacaba Valleys. Specifically, this study examines the feasibility of Misicuni multiple-purpose project in Cochabamba, Bolivia. This project involves construction of a reservoir for the purpose of irrigating and the above mentioned areas, supply potable water to the urban areas, and produced electrical power. The Misicuni Survey, Ministerio de Agricultura y Asuntos Campesinos (MACA) bulletins, and information from other institutions were used as a source of data for the formulation of a linear programming model which represents …

Oil And Iranian Development, Alireza Emami

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The main concern of this study was two-fold: (a) to compute the Iranian economy's long-run growth potential consistent with full-capacity utilization of the output and stocks with the existing current and capital account matrices; and (b) to simulate the impacts that changing petroleum export levels have on capital formation, employment, and income distribution.

The analysis proceeded by developing a closed dynamic interindustry model in order to compute the "turnpike" growth rate. The uniform or "turnpike" growth rate computed for the base current and capital account matrices was 1.7 percent per annum. This describes the long-run growth potential for Iran. Given …

Regional Analysis Of The Industrial Structure Of The Bear River District: An Employment Approach, Jaime B. Agbayani

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

With the profound interest in regional planning by local administrative units to establish a more definitive criteria for policy implementation and framework for decision analysis, this study seeks to formulate a simplistic methodological approach in the construction of a fundamental tool for socioeconomic research. By utilizing the Bear River District as a case study, we have focused on the generation of basic informational requirements for manpower planning in analyzing the size, structure and distribution of the population and labor force; changes in the employment capacity of the region; sector interdependence; and historical economic base.

Based on the results of the …

An Assessment Of The Apparel Industry In The State Of Utah And Needed Training In Vocational Clothing In Utah High Schools, Ann Sessions

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The purpose of this study was to make an assessment of the industry and needed qualifications of sewing machine operators in the apparel industry in the State of Utah. Feedback received may serve as guidelines in curriculum development for vocational clothing classes. Information was gathered by means of a questionnaire administered to plant or personnel managers. The questionnaire was hand carried or mailed to fifty-six plants across the state. Ninety-eight percent of the plants responded and were used in the statistics.

The questionnaire ellicited information on the following items:

1. The following points about Utah's apparel industry:

a. Availability of …

Input Substitution In The Coal-Fired Electric Power Industry, Mohammad Fatoorehchie

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

A gradual increase in the price of oil, a decline in the supply of gas, and a lag in nuclear construction leaves coal (a potential major resource for the future energy needs) as a fuel in ample supply. The major portion of the United States' electricity is generated by steam-driven generators where steam is produced by fossil fuel-fired boilers. In 1978, 47 percent of the total electricity generation was fueled by coal, up from 43 percent in 1975. Use of coal in generation of electricity has spawned numerous research projects concerning the economics of the coal-fired electric power industry.

The …