Economics Commons^™

Determinants Of Gasoline Price: Can Consumer Spending Make A Difference?, Jonathan Stachelek

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the determinants to gasoline prices in the United States. The regression contains five different independent variables: the price of imported oil per barrel, the number of barrels of oil imported to the United States, the number of barrels of oil produced domestically in United States, the commodity price of oil, the number of automobiles purchased monthly in the United States, and the dependent variable, Gasoline Price. By using these variables in a linear regression model, the results show that the price of gasoline is primarily driven by the price of imported crude oil, followed shortly thereafter by …

Differing Immigrant Wages: Causes For Differences In Immigrants Standards Of Living, Sahana Zutshi

Empirical Economic Bulletin, An Undergraduate Journal

This paper looks at the relationship between immigration workers and their differing standards of living based on various variables. The variables chosen were gender, place of origin/ethnicity, number of years living in the United States, education level and finally, the age of the immigrants. The model incorporates all these variables and then finds the connection between them and the earning status of the immigrants. The results show that gender and ethnicity often impact the earnings negatively whereas age, number of years living in the US and education level impact immigrant earnings positively.

Reclaiming Egalitarianism In The Political Theory Of Campaign Finance Reform, Frank Pasquale

Faculty Scholarship

Recent advocacy for campaign finance reform has been based on an ideal of the democratic process which is unrealistic and unhelpful. Scholars should instead return to its egalitarian roots. This article examines how deliberative democratic theory became the main justification for campaign finance reform. It exposes the shortcomings of this deliberativist detour and instead models campaign spending as an effort to commodify issue-salience. Given this dominant function of money in politics, a more effective paradigm for reform is equalizing influence. Advocates of campaign regulation should return to the original principles of reformers; not an idealized vision of the democratic process, …

The Political Economy Of South Korea: Economic Growth, Democratization, And Financial Crisis, Uk Heo, Houngcheul Jeon, Hayam Kim, Okjin Kim

Maryland Series in Contemporary Asian Studies

No abstract provided.

Greater El Paso Chamber Of Commerce Community Mental Health Survey, Lisa Tomaka, Mario Caire, Dennis L. Soden

IPED Technical Reports

No abstract provided.

United States As A Monetary Union: A Lesson For Europe?, Kazimierz Dadak

Business Faculty Scholarship

No abstract provided.

Entrepreneurship And Urban Success: Toward A Policy Consensus, Zoltan J. Acs, Edward L. Glaeser, Robert E. Litan, Lee Fleming, Stephan J. Goetz, William R. Kerr, Steven Klepper, Stuart S. Rosenthal, Olav Sorenson, William C. Strange

Economics - All Scholarship

Like all politics, all entrepreneurship is local. Individuals launch firms and, if successful, expand their enterprises to other locations. But new firms must start somewhere, even if their businesses are conducted largely or exclusively on the Internet. Likewise, policymakers at local and state levels increasingly recognize that entrepreneurship is the key to building and sustaining their economies' growth. Although this is a seemingly obvious proposition, it represents something of a departure from past thinking about how local, state, or regional economies grow. Historically, state and local policymakers have put their energies into trying to attract existing firms from somewhere else, …

Binary Economics And The Case For Broader Ownership, Robert Ashford

College of Law - Faculty Scholarship

Binary economics simultaneously offers a paradigm for understanding economic efficiency, growth, and justice that is foundationally distinct from classical, neoclassical, Keynesian, and socialist economics. First proposed by Louis Kelso, binary economics also offers a prescription for establishing a more inclusive, competitive and democratic private property system, one that universalizes the right to acquire capital with the earnings of capital. Focusing on an important anomaly left unexplained or poorly explained classical, neoclassical, and Keynesian economics (i.e., the persistence of unutilized productive capacity in a context in which markets are supposedly becoming more efficient) and left unremedied by any approach yet applied, …

Sozialpolitik Nach Verursacherprinzip : Beispiele Der Anwendung Aus Arbeit, Gesundheit, Sucht, Schule Und Wohnen, Isidor Wallimann

Books

Sozialpolitik nach Verursacherprinzip explores the application of the polluter pays principle to a variety of social policies. It specifically examines possibilities in labor, health, addiction, education, and housing policies.

Encouraging Filing: Tax Credits And Social Safety Nets, James Alm, Todd Cherry, Michael Mckee, Michael L. Jones

Economics Faculty Publications

No abstract provided.

The Gettysburg Economic Review, Volume 2, Spring 2008

Gettysburg Economic Review

No abstract provided.

Industry Structure Similarities, Trade Agreements, And Business Cycle Synchronization, Samuel D. Marll

Gettysburg Economic Review

This paper analyzes the effects of industry structure similarities, free trade agreements, and geographic borders on regional business cycle correlation, using fifty US states, 10 Canadian provinces, and 1 Canadian territory as a case study. Using two cross-sectional OLS regressions and one panel data OLS regression, this study finds that pair-wise gross territorial product growth correlation decreased significantly after NAFTA ratification for state-state, province-province, and state-province territorial pairs, contrary to previous literature’s results. NAFTA effectively decoupled intra-national business cycles in the US and Canada while also desynchronizing cross-border pair-wise GSP growth correlation, but cross-border pair-wise GSP growth correlation was much …

The Genetic, Social, & Behavioral Factors That Motivate Parents To Abuse Their Children, Bradley M. Garner

Gettysburg Economic Review

This paper examines the influence of economic, genetic, behavioral, and social factors on the parental choice to abuse one’s child. I derive a choice model for the parents based on McFadden’s (1974) conditional logit model. Within society, the parent or parents not only bear the responsibility for their child’s well being, but also for ensuring the child will grow up to be an educated, productive member of society. Through the examination of individual parent and child behavior patterns, as well as numerous social and economic factors from the Physical Violence in American Families Survey of 1985, I show that after …

D Is For Dillydally?, Arthur J. Caplan, John Gilbert

Applied Economics Faculty Publications

Evidence from online assignments in an intermediate microeconomics course suggests that nonprocrastinators (both early-starters and front-loaders) score higher than their dilly-dallying counterparts. Students who are busier in school tend to start their assignments earlier.

Rhode Island Current Conditions Index — January 2008, Leonard Lardaro

The Rhode Island Current Conditions Index

No abstract provided.

Strategic Regional And National Economic Development With Fiscal Equalization, Lok Sang Ho

Centre for Public Policy Studies : CPPS Working Paper Series

This paper shows that under increasing returns, devoting resources to develop some regions strategically ahead of other regions make sense, but this does not imply that the other regions have to wait until the benefits of economic growth to trickle down. Fiscal equalization can and should be more aggressive, with the central government incurring a deficit to help the poorer regions, and the national debt thus caused to be repaid by higher taxes on the fast growing regions. Optimal fiscal equalization should also involve central government’s investment in certain kinds of public infrastructure in the local economies of the backward …

The Economic Impact Of The 50-Year Career Of Frank Broyles At The University Of Arkansas, Jeffery T. Collins

Publications and Presentations

Frank Broyles retired from the University of Arkansas on December 31, 2007, after a career in the athletic department of the school that lasted 50 years. First as coach and later as men’s athletic director, Frank Broyles had a profound impact on the state of Arkansas. His leadership skills led to tremendous unquantifiable benefits like personal mentorship of players and staff, notoriety, and philanthropy. His five decade long tenure at the University of Arkansas also led to demonstrable economic impact. The purpose of this study is to quantify and celebrate the economic benefits that have accrued to Arkansas because of …

Indiana State University Financial Report 2008, Indiana State University

Financial Reports

No abstract provided.

Comments On Lederman And Maloney’S ‘In Search Of The Missing Resource Curse’, Cameron Shelton

CMC Faculty Publications and Research

The paper by Daniel Lederman and William Maloney is part of a larger project of the authors.1 Their broader goal is to drive home the point that the possession of natural resource wealth does not inevitably lead to lower growth rates and thus lower per capita GDP. In their words, “the central tendency is not negative” and natural resources are neither curse nor destiny.

Factors Affecting Health Care Spending, Jennifer Resende

Empirical Economic Bulletin, An Undergraduate Journal

With an aging population and an increase in health care spending across many nations, there is a need to determine what is affecting this increase and whether this trend can be expected to continue into the future. This paper aims to investigate the possible differences in health care expenditures in different countries. The study incorporates the use and analysis of several independent variables that are believed to affect health care spending in an array of countries including life expectancies, the increase in aging populations, health care spending on private sectors, and the quality of health care as represented by the …

The Social And Behavioral Factors That Affect Obesity In Oecd Countries, Sanjana Desai

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the factors that affect obesity in the population of the member countries of the Organization of Economic Co-operation and Development (OECD). This study incorporates existing information of the most likely variables that would influence obesity in these member countries for a decade (1990-2000). The study looks at contributing factors that are both innate and acquired, such as Alcohol Consumption, Low-birth weight, sugar consumption, smoking (consumption of tobacco), and protein intake and public and private expenditure on education. Using macro-level data from various sources, the results generally suggest that factors like alcohol consumption, low-birth weight and sugar consumption …

U.S. Current Account: Why Is It Increasingly Negative?, Joshua Champagne

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the reasons for the increasingly negative United States current account. The study incorporates information into a multivariate linear regression model to examine the influence of various economic indicators on the U.S. current account. The paper focuses more so on which variables create an increase in the current account and which variables cause deterioration and why the overall value of the current account is continually becoming more negative. The results show that the U.S. Current Account is negative because there is not enough government investment, savings, and private savings, along with a negative fiscal policy, combined with an …

Loco Labels And Marketing Madness: Improving How Consumers Interpret Information In The American Food Economy, Margaret Sova Mccabe

Law Faculty Scholarship

America's current food labeling scheme, as illustrated by the example of salt, is flawed when examined from the consumer and public health perspective. While the Food, Drug, and Cosmetic Act has sound scientific standards, those standards as currently applied to labels do not efficiently signal health information to consumers. Without better information on labels, consumers will continue to make poor choices at the grocery store. However, there are promising new ways to label. Both the United Kingdom and the domestic supermarket chain Hannaford’s have implemented simple health labeling on food packaging or grocery shelves to improve the amount and location …

A Clashing Viewpoint Concerning India: A Critique Of Goldman Sachs 2007 Report, Aniruddha Bagchi, Ashok Roy

Faculty Articles

The centerpiece of the 2007 Report by Goldman Sachs is the prediction of India’s phenomenal economic growth and power in the next few decades. In this article we critique the conceptual validity of that prognosis. In particular, we highlight several hard and soft infrastructure impediments to India’s emergence as a major economic power.

Liberalization Of The Capital Market In Russia, Nejc Smole

Electronic Theses and Dissertations

This paper analyzes the empirical events of capital market liberalization in Russia and refers to the procedure of capital market liberalization described in theory as a benchmark to assess the magnitude of events shaping the capital market liberalization in Russia.

The reformers of Russian regime change did not take a gradual approach of adjustments toward a successful socioeconomic transition. The state failed to create market-supporting institutions and instead rather proceeded with an ambitious program of synchronized application of policy changes and the economic liberalization. Lack of market-supporting institutions and an underdeveloped legal system in Russia have been the key tools …

The Development Drive Of North-South Versus South-South Ptas, Jose Luis Ramirez

Electronic Theses and Dissertations

The importance of PTAs in today's global economic order is unmistakable, especially during the last fifteen years when their proliferation has dramatically accelerated and their scope and structure have radically changed. However, the available theoretical framework (international trade theories) from which their developmental impact is assessed seems to be largely lagging behind. Hence, there is a crucial need for more realistic assessments of their embedded developmental features because an increasing number of developing countries are perceiving these agreements as one of the key instruments to propel their long delayed economic development. In this thesis, I strive to construct an alternative …

Continuing The Great Debate: The Intrinsic Value Of The Leading Index, Seth A. Morgan

Electronic Theses and Dissertations

The following work is a look into the history and value of the composite index of leading indicators. Current and past business cycle theory is explored to demonstrate the relevance of a tool like the composite index of leading indicators. An argument that business cycle theory has not proven sufficient in explaining changes in the direction of the economy is made. The notion that the composite leading index has a proven track record of successfully predicting movements in the economy is reviewed. The conclusion becomes the idea that since theory and its forecasting counterparts have not proven a reliable method …

Ranking Economics Journals, Economics Departments, And Economists Using Teaching-Focused Research Productivity, Melody Lo, M.C. Sunny Wong, Franklin G. Mixon Jr.

Economics Faculty Publications

This paper constructs new rankings of economics journals, economics departments, and economists that employ a measure of teaching-focused research productivity, an area of growing importance in recent years. The ranking methodologies presented here use information from articles that were published from 1991 through the early part of 2005 within the "Journal of Economic Literature'"s "economic education" classifications (A200-A290). The "Journal of Economic Literature" tops the list of journals, followed by the "Review of Economics and Statistics and the American Economic Review". Among the top institutions are Vanderbilt University, Indiana University, and the University of Wisconsin. Others that rank high here, …

Incumbent Deviations From Constituents: Further Tests, Noel D. Campbell, Edward J. Lopez, Tammy Rogers

Faculty Publications

No abstract provided.

Fine Arts And Solow Model: A Clarification, Yeung-Nan Shieh, Jason Kao

Faculty Publications

No abstract provided.