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2010

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Full-Text Articles in Economics

Review Of Willmott, H.P., The Great Crusade: A New Complete History Of The Second World War, James V. Koch Jan 2010

Review Of Willmott, H.P., The Great Crusade: A New Complete History Of The Second World War, James V. Koch

Economics Faculty Publications

(First Paragraph) The first edition of The Great Crusade (1989) was a fine, comprehensive, single-volume history of World War II. The revised edition is even better, though readers should be aware that this is a military history of the war that usually focuses on decision-making and activities at the operational level and above. The author sometimes speaks of individual fighting divisions, but almost never about individual soldiers. This work is thus not the place for the reader to discover the tales and yarns of individual soldiers. Those who hope to grasp what it was like to be a Marine storming …


A Winning Proposition: The Economic Impact Of Successful National Football League Franchises, Michael C. Davis, Christian M. End Jan 2010

A Winning Proposition: The Economic Impact Of Successful National Football League Franchises, Michael C. Davis, Christian M. End

Economics Faculty Research & Creative Works

Research has demonstrated that a Super Bowl victory increases the personal income of the individuals in the metropolitan area from which the winning teams come. We argue that the economic benefits should extend beyond just the championship team's city to the cities of teams that experience seasonal success, and thus, the winning percentages of National Football League teams were included in our model. When controlling for sources of bias, winning percentage of the local professional football team had a significant positive effect on real per capita personal income. Explanations for these conclusions are offered from a psychological perspective. © 2008 …


Incubation Push Or Business Pull? Investigating The Geography Of Us Business Incubators, Haifeng Qian, Kingsley E. Haynes Jan 2010

Incubation Push Or Business Pull? Investigating The Geography Of Us Business Incubators, Haifeng Qian, Kingsley E. Haynes

Regional Research Institute Working Papers

The primary purposes of this paper are to present the geographic distribution of US business incubators and to explore geographically bounded factors that influence the location of business incubators. Our data show that US business incubators are unevenly distributed across the urban/rural division, states, as well as counties. Factor analysis identifies three common factors from 27 demographic, social, and economic variables drawn from publicly available data at the county level. These factors include agglomeration, welfare, and business/entrepreneurship. The results of binominal logistic regressions suggest that incubators are more likely to be found in counties with high levels of agglomeration but …


Front Matter: The State Of The Region: Hampton Roads 2010, Regional Studies Institute, Old Dominion University Jan 2010

Front Matter: The State Of The Region: Hampton Roads 2010, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Cover, front matter, table of contents, and other materials for the 2010 The State of the Region report authored by the Regional Studies Institute at Old Dominion University


Part 1: The Hampton Roads Economy: Where We've Been, Where We're Going, Regional Studies Institute, Old Dominion University Jan 2010

Part 1: The Hampton Roads Economy: Where We've Been, Where We're Going, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

We are slowly recovering from the worldwide recession. However, both the port and tourism are sputtering and defense spending may decelerate in the future.


Part 2: Feeling Pain: Regional Markets For Office And Industrial Space, Regional Studies Institute, Old Dominion University Jan 2010

Part 2: Feeling Pain: Regional Markets For Office And Industrial Space, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Vacancy rates are high, especially for industrial space, and lease rates have fallen. Times are tough and may remain so for the foreseeable future.


Part 3: Sizing Up The Competition: Hampton Roads Versus Other East Coast Container Ports, Regional Studies Institute, Old Dominion University Jan 2010

Part 3: Sizing Up The Competition: Hampton Roads Versus Other East Coast Container Ports, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Over the past decade, the Port of Virginia has slipped to third place on the East Coast behind Savannah, Ga. Perhaps we can reverse this by means of Norfolk Southern Corp.’s Heartland Corridor and the recent lease acquisition of the APM Maersk facility in Portsmouth.


Part 4: Light Rail: The Experience Of Other Cities And Implications For Hampton Roads, Regional Studies Institute, Old Dominion University Jan 2010

Part 4: Light Rail: The Experience Of Other Cities And Implications For Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Building The Tide hasn’t bankrupted Norfolk because of significant federal funding. Paying to operate The Tide, however, could be quite painful if the experience of other regions provides a clue.


Part 5: The Chrysler Museum Of Art: A Longer Look, Regional Studies Institute, Old Dominion University Jan 2010

Part 5: The Chrysler Museum Of Art: A Longer Look, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

All things considered, our regional cultural treasure is doing well as it adjusts to new financial and cultural realities.


Part 6: Destination Of Choice: The Virginia Aquarium & Marine Science Center, Regional Studies Institute, Old Dominion University Jan 2010

Part 6: Destination Of Choice: The Virginia Aquarium & Marine Science Center, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Despite attracting 700,000 visitors annually, the Aquarium is not familiar to many people. We examine the Aquarium and outline its role in the economic development of a key area of Virginia Beach.


Part 7: Cinema In Hampton Roads: History And Prospects, Regional Studies Institute, Old Dominion University Jan 2010

Part 7: Cinema In Hampton Roads: History And Prospects, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

The “movies” have been turned upside down over the past half century by television, the Internet, movie rentals and changing customer tastes. We explore what has happened in Hampton Roads and speculate about the future.


Part 9: Dashboard Indicators Of Vision Hampton Roads, Regional Studies Institute, Old Dominion University Jan 2010

Part 9: Dashboard Indicators Of Vision Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Vision Hampton Roads provides a “dashboard” of critical performance variables that helps us determine how we really are doing in areas such as education and the economy. Our report card is mixed.


Part 8: Partisan Politics In Hampton Roads: Color Us Purple, Regional Studies Institute, Old Dominion University Jan 2010

Part 8: Partisan Politics In Hampton Roads: Color Us Purple, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Once dominated by Democrats and more recently by Republicans, Hampton Roads has become a swing region politically. Currently, we are disadvantaged by an absence of legislator seniority in Richmond and Washington.


Government’S Diminishing Benefits From Inflation, Jeffrey Rogers Hummel Jan 2010

Government’S Diminishing Benefits From Inflation, Jeffrey Rogers Hummel

Faculty Publications

No abstract provided.


Understanding The M-Form Hypothesis, Matthew J. Holian Jan 2010

Understanding The M-Form Hypothesis, Matthew J. Holian

Faculty Publications

The theory of the firm deserves to play a prominent role in both the undergraduate and graduate industrial organization curriculum, both because of the vast amount of attention that has been paid to this area over the last four decades, as well as its practical relevance for strategy and antitrust. This lecture briefly presents some background on the theory of the firm in general, and the M-form Hypothesis in particular. The M-form Hypothesis is an important theory of firm structure, developed by Chandler (1962) and Williamson (1975). A mathematical model, discussion section and accompanying lecture slides illustrate the concepts necessary …


The Economic Impact Of Project Arriba On El Paso, Texas, David A. Schauer, Elizabeth K. Gibson Jan 2010

The Economic Impact Of Project Arriba On El Paso, Texas, David A. Schauer, Elizabeth K. Gibson

IPED Technical Reports

No abstract provided.


2010 Economic Impact Of The University Of Texas At Brownsville And Texas Southmost College On Cameron County, Texas, David A. Schauer, Elizabeth K. Gibson Jan 2010

2010 Economic Impact Of The University Of Texas At Brownsville And Texas Southmost College On Cameron County, Texas, David A. Schauer, Elizabeth K. Gibson

IPED Technical Reports

The University of Texas at Brownsville (UTB) and Texas Southmost College (TSC) continue to be a significant contributor to the Rio Grande Valley regional economy and its 1.1 million residents. UTB/TSC’s educational services to the region trace back to 1926. At present, UTB/TSC provides educational opportunities in over 150 undergraduate and 23 graduate programs for over 17,000 students. In doing so, UTB/TSC employs more than 2,500 individuals and has an annual operating budget exceeding $120 million, clearly making it a significant contributor to the regional economy. UTB/TSC is one of the largest business concerns in the Rio Grande Valley. The …


2009 Workforce Solutions Employer Survey, Mario E. Caire, Melissa Gonzalez, Roberto Tinajero Jan 2010

2009 Workforce Solutions Employer Survey, Mario E. Caire, Melissa Gonzalez, Roberto Tinajero

IPED Technical Reports

The Institute for Policy and Economic Development (IPED) at the University of Texas at El Paso (UTEP) was contracted by Workforce Solutions - Upper Rio Grande (WS-URG) Workforce Development Board (WDB) to conduct a client satisfaction survey. For purposes of this survey, “client” refers to employers who have used WS-URG business services such as job postings, job fairs and hiring fairs. The goals of the survey were to assess the quality of business services offered to clients and client satisfaction with those services. The survey also collected data on an employer’s industry classification and size in terms of number of …


Inet Proposal Center, Anwar Shaikh Phd Jan 2010

Inet Proposal Center, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes,

• Reddy, S., Shaikh, A., & Foley, D. (2010). Drafts of proposals to the Institute for New Economic Thinking (INET) for an institute at the New School for Social Research, including “Proposal for an Institute for New Political Economy (INPE),” “Proposal for an Institute for Economic Distribution, Stability, and Growth (IEDSG),” and “Proposal to enhance the Department of Economics” [Manuscripts].

• Bender, P. (n.d.). Description of the Institute for New Economic Thinking (INET) and its mission [Signed manuscript].

• Shaikh, A., PhD. (2010, May 16). INET/ICI notes on a global summer school and connections with the India/China …


See No Evil? Revisiting Early Visions Of The Social Responsibility Of Business: Adolf A. Berle’S Contribution To Contemporary Conversations, Erika George Jan 2010

See No Evil? Revisiting Early Visions Of The Social Responsibility Of Business: Adolf A. Berle’S Contribution To Contemporary Conversations, Erika George

Seattle University Law Review

Much corporate legal scholarship considers such fact patterns as beyond the scope of the discipline’s core concerns. Yet, increasingly, questions are asked concerning the scale and scope of modern corporate power. This Article will challenge the conventional understanding of what the core discipline of corporate law should encompass and argues that the failure to focus on precisely these sorts of factual scenarios involving allegations of corporate complicity in human rights violations and environmental degradation is misguided and short-sighted.


Neo-Brandeisianism And The New Deal: Adolf A. Berle, Jr., William O. Douglas, And The Problem Of Corporate Finance In The 1930s, Jessica Wang Jan 2010

Neo-Brandeisianism And The New Deal: Adolf A. Berle, Jr., William O. Douglas, And The Problem Of Corporate Finance In The 1930s, Jessica Wang

Seattle University Law Review

This essay revisits Adolf A. Berle, Jr. and The Modern Corporation and Private Property by focusing on the triangle of Berle, Louis D. Brandeis, and William O. Douglas in order to examine some of the underlying assumptions about law, economics, and the nature of modern society behind securities regulation and corporate finance in the 1930s. I explore Douglas and Berle’s academic and political relationship, the conceptual underpinnings of Brandeis, Berle, and Douglas’s critiques of modern finance, and the ways in which the two younger men—Berle and Douglas—ultimately departed from their role model, Brandeis.


Aea Calendar - 2010, Anwar Shaikh Phd Jan 2010

Aea Calendar - 2010, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

  • Economists calendar, 2010–2011  Colander, D., & Siegfried, J. J. American Economic Association 125th anniversary commemorative calendar 


Firm And Industry Characteristics Of Exchange Rate Exposure And Optimal Hedging Strategy: Evidence On China, Fen Yan Jan 2010

Firm And Industry Characteristics Of Exchange Rate Exposure And Optimal Hedging Strategy: Evidence On China, Fen Yan

Dissertations and Theses Collection (Open Access)

Understanding the effect of foreign exchange rate movements on the value of firm is a critical element for the purpose of risk management. In this thesis, firm and industry specific exposures to exchange rate movements in the Chinese market before and after the exchange rate regime reform in 2005 are examined. We observe that at the one-week return horizon, among all the firms listed in the China Exchange Market before the year 2001, less than 10% of the firms exhibit significant "residual exposure" to bilateral exchange rate movements against China’s major trading partners before the reform. In contrast, the proportion …


Imprisonment And (Inequality In) Population Health, Christopher Wildeman Jan 2010

Imprisonment And (Inequality In) Population Health, Christopher Wildeman

University of Kentucky Center for Poverty Research Discussion Paper Series

This article extends research on the consequences of mass imprisonment and the factors shaping population health and health inequities by considering the effects of the imprisonment rate on population health and black-white inequality in population health using state-level panel data from the United States (1980-2004). My results imply that increases in the imprisonment rate harm population health, though the effects on the infant mortality rate and female life expectancy are more consistent than are the effects on male life expectancy. My results also imply that these health effects are concentrated among blacks, implicating mass imprisonment in the persistence of black-white …


Changes In Tests Of Patentability And The Effects On Return To Patenting Of Business Method Patents, Darren Sheets Jan 2010

Changes In Tests Of Patentability And The Effects On Return To Patenting Of Business Method Patents, Darren Sheets

Economics Theses - Archive

In the past decade there has been a surge of business method patents granted, due in large part to court cases that have redefined the tests for determining patentability of these inventions. This is of interest for several reasons such as the legality of these patents and their role in promoting innovation. Rather than promoting innovation as desired, they may be used to block rival firms from competing or used as bargaining chips in negotiations. This research focuses on the relationship between firm value and the importance of a firm's patent portfolio. To measure the strength of a patent portfolio …


Essays On Human Capital, Health Capital, And The Labor Market, Charles Hokayem Jan 2010

Essays On Human Capital, Health Capital, And The Labor Market, Charles Hokayem

University of Kentucky Doctoral Dissertations

This dissertation consists of three essays concerning the effects of human capital and health capital on the labor market. Chapter 1 presents a structural model that incorporates a health capital stock to the traditional learning-by-doing model. The model allows health to affect future wages by interrupting current labor supply and on-the-job human capital accumulation. Using data on sick time from the Panel Study Income of Dynamics the model is estimated using a nonlinear Generalized Method of Moments estimator. The results show human capital production exhibits diminishing returns. Health capital production increases with the current stock of health capital, or better …


Whole Farm Modeling Of Precision Agriculture Technologies, Jordan Murphy Shockley Jan 2010

Whole Farm Modeling Of Precision Agriculture Technologies, Jordan Murphy Shockley

University of Kentucky Doctoral Dissertations

This dissertation investigated farm management concerns faced by grain producers due to the acquisition of various precision agriculture technologies. The technologies evaluated in the three manuscripts included 1) auto-steer navigation, 2) automatic section control, and 3) autonomous machinery. Each manuscript utilized a multifaceted economic model in a whole-farm decision-making framework to determine the impact of precision agriculture technology on machinery management, production management, and risk management. This approach allowed for a thorough investigation into various precision agriculture technologies which helped address the relative dearth of economic studies of precision agriculture and farm management. Moreover, the research conducted on the above …


Market Structure And Mortgage Pricing: The Role Of Information In Firm And Consumer Behavior, Abdullah A. Al-Bahrani Jan 2010

Market Structure And Mortgage Pricing: The Role Of Information In Firm And Consumer Behavior, Abdullah A. Al-Bahrani

University of Kentucky Doctoral Dissertations

This dissertation analyzes information, market structure, and firm pricing strate-gies. I begin the dissertation with an analysis of the market structure of the mortgage in-dustry. I find that the configuration of the mortgage market at its present state is vastly different than its historical structure. The reduction in the cost of transmitting informa-tion has increased the collaborative environment and facilitated the dis-integration of the supply chain. Generally, the mortgage industry has been successful at reducing principal-agent problems and minimizing asymmetric information concerns that arise in segmented markets.

In the first essay I provide a theoretical explanation of the effect of …


Public School Choice And The Public-Private School Decision, Kylie Goggins Jan 2010

Public School Choice And The Public-Private School Decision, Kylie Goggins

University of Kentucky Doctoral Dissertations

This dissertation is a compilation of three studies related to public school choice issues. Chapter 2 examines whether access to public schools of choice influences a household’s decision to choose private school for their child. I employ a multistate, individual-level data-set on students and their families — for which I have been granted access to restricted geo-code information. I supplement these data by matching students with their respective school districts using geographic information systems (GIS); I then examine whether relative measures of public school choice (PSC) in a school district influence the household’s public-private school decision. I find slight evidence …


Career Interruptions: Wage And Gender Effects, Jill Kearns Jan 2010

Career Interruptions: Wage And Gender Effects, Jill Kearns

University of Kentucky Doctoral Dissertations

This dissertation examines the effects of career interruptions on workers’ wages. In chapter four I examine whether controlling for the type of interruption differently affects men’s and women’s wages and therefore can be used to explain the remaining gender wage differences. The increased participation of married women in the labor force has increased their wages from just 30% of men’s wages in 1890 to nearly 80% as of 2001. Thus, although the gender wage gap has narrowed over time, it has yet to be eliminated. One argument for the persistence of the gender wage gap is that previously researchers have …