Economics Commons^™

African Economy And Land Policy, Ebrima Sall

South South Forum 南南論壇

Thandika Mkandawire reminded us during the 13th CODESRIA GA that land and the agrarian question were present in some way in all the nationalist movements, and liberation struggles the Mau Mau in Kenya, the FLN’s struggles in Algeria, the PAIGC in Guinea Bissau, other struggles in Zimbabwe, South Africa, etc. We know that apartheid South Africa was the story of dispossession—(Pheko)—the reverse
movement in South Africa—re-distribution—is extremely slow.

So, land has been a very strategic issue, and it is still a very strategic issue.

There is currently what some have called a “grain rush”, as “wealthy, foodimporting countries and private …

The Impacts Of Neo-Liberal Policy On Indian Peasantry = 非洲經濟及土地政策, Arindam Banerjee

South South Forum 南南論壇

The sustainability of small-scale cultivation, which largely characterizes Indian agriculture, though not in a homogeneous or undifferentiated manner, has been one of the important casualties of the trajectory of neo-liberal policies into which the country embarked upon in the early nineties. Driven by fiscal fundamentalism, this amounted to a veritable withdrawal of the state from economic operations, more so from agriculture. A host of policies adopted like the rationalization of input subsidies, downsizing of incentive pricing, decline in public investments, shrinking public extension services and contraction of institutional credit availability in rural areas all precipitated a widespread agrarian crisis with …

The Limits Of Agrarian Reform In Brazil = 巴西土地改革的局限, Rogério Faleiros, Rogério Naques Faleiros, Neide César Vargas

South South Forum 南南論壇

Brazil is probably the only country that experienced a deep and complex process of growth and promote economic development without substantial change on the issue of land ownership. Since the Portuguese colonization, through the Land Act of 1850 and throughout the process of industrialization experienced in the twentieth century and still in progress, the land question remained almost unchanged, despite the advances resulting from the growing social and economic contradictions and the related violence observed in the field. Western Europe and countries like the United States (Homestead Act of 1862), China (the Great Leap Forward of 1959) and USSR (after …

Challenge Of Inclusive Growth : Global Capitalization : Institutional Cost Transferring And The Economic Of Being Poor = 包容性增長的挑戰: 全球資本化: 制度成本轉嫁與貧困經濟學, Tiejun Wen

South South Forum 南南論壇

My empirical research started with China’s experiment of rural reform during the 1980s-90s. According to the principle of experiment, only through a process of incessant falsification can we approach the truth. In the process my preliminary conclusion was the theory of institutional costs. However in later comparative studies on different countries, I found that institutional cost was not my innovation. Instead my theoretical innovation should be the discovery that the vested interest groups which appropriate the returns of an institutional transition constantly transfer the institutional costs to disadvantaged groups located at a less privileged position in the institutional structure. Therefore …

Driving Qi With Research: Findings From Public Health Pbrns, Glen P. Mays

Health Management and Policy Presentations

Public health agencies are increasingly experimenting with quality improvement (QI) strategies designed to enhance the effectiveness and efficiency of their efforts. Does QI work in public health, and if so for whom and under what circumstances? What QI strategies work best for which types of public health process failures, and at what cost? Research underway through the Public Health Practice-Based Research Networks (PBRN) Program is examining these types of questions to build an evidence base for public health QI.

Courting Disaster For Votes, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

Prime Minister Yousuf Raza Gilani is reported to have told the Pakistan Peoples’ Party (PPP) provincial assembly members from Punjab that the ban on recruitment in the federal government would be removed. Job quotas will be given to each Member Provincial Assembly (MPA) in addition to the substantial grants from the exchequer for development work in their respective constituencies.

This seems to be the first salvo fired by the government in preparation for the elections to be held in the next 12-15 months – if all goes well. These election-specific preparations should remind us of 2007 when a strong economy …

Agglomeration Economics: Small Establishments/Big Effects: Agglomeration, Industrial Organization And Entrepreneurship, Stuart S. Rosenthal, William Strange

Economics - All Scholarship

No abstract provided.

Reasons To Shop At Farmer's Market: A Survey Study In South Dakota, Kuo-Liang Chang, Jerry Warmann

Economics Commentator (1972- 2016)

No abstract provided.

Parliament’S Role In Economic Governance, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

In a democratic system of government, some checks and balances are placed under the constitution of a country. In Pakistan, the executive branch has dominated the scene historically with the judiciary asserting itself in recent years. The parliament has so far remained subdued in many aspects of its work, particularly in the case of economic visioning, long-term planning, oversight of policymaking, the monitoring of implementation and accountability of the executive. Had the parliament been more active, it is possible that the judiciary would not have taken suo motu cognisance of many cases linked to economic governance. It is a pity, …

Similarities In Fan Preferences For Minor-League Baseball Across The American Southeast, Tyler Anthony, Tim Kahn, Briana Madison, Rodney Paul, Andrew Weinbach

Falk College Research Center

Three Minor League Baseball leagues across the Southeastern United States are studied in order to determine what drives fan attendance. Individual game attendance and game characteristics are examined for three leagues located in the American southeast, the Florida State League, the Southern League, and the South Atlantic League. Despite the three leagues encompassing different levels of play (from A to AA), the determinants of attendance are similar across leagues. Factors affecting attendance such as winning percentage, weather conditions, local income and population, and individual game promotions, such as fireworks, are explored.

Institutionalization, Investment Adviser Regulation, And The Hedge Fund Problem, Anita Krug

All Faculty Scholarship

This Article contends that more effective regulation of investment advisers could be achieved by recognizing that the growth of hedge funds, private equity funds, and other private funds in recent decades is a manifestation of institutionalization in the investment advisory context. That is, investment advisers today commonly advise these “institutions,” which have supplanted other, smaller investors as advisory clients. However, the federal securities statute governing investment advisers, the Investment Advisers Act of 1940, does not address the role of private funds as institutions that now intermediate those smaller investors’ relationships to investment advisers. Consistent with that failure, investment adviser regulation …

Beneath And Beyond The Chinese Miracle, Singapore Management University

Perspectives@SMU

China’s rapid economic progress from an impoverished communist state to the world’s second largest economy within just three decades has enthralled many economists. That the country shifted from the classical centrally-planned command economy to one espousing free market practices while maintaining communist rule, has all given rise to this question: What exactly is the China model? Is it the hybrid of innovative state ownership and tight political control? Or is the rapid growth the result of liberal economic and political reforms?

Rhode Island Current Conditions Index — December 2011, Leonard Lardaro

The Rhode Island Current Conditions Index

No abstract provided.

Male Backlash, Bargaining, Or Exposure Reduction?: Women's Working Status And Physical Spousal Violence In India, Yoo-Mi Chin

Economics Faculty Research & Creative Works

Labor force participation of women is expected to decrease the risk of spousal violence by enhancing their bargaining power or diminishing their contacts with abusive partners. the opposite effect is predicted when female employment induces male backlash. I identify the effect of female employment on spousal violence by exploiting the exogenous variations in rural women's working status driven by rainfall shocks and the rice-wheat dichotomy. the instrumental variable regression result indicates that female employment significantly reduces the incidence of spousal violence. This result is mainly driven by the exposure reduction effect that dominates male backlash. There is, however, no evidence …

Empathy-Based Conservation: An Interdisciplinary Approach To Conservation Policy And Decision-Making, Kaitlyn Delashmutt

Department of Environmental Studies: Undergraduate Student Theses

In the late 20^th century, neuroscientists in Italy discovered a neuron in the brain capable of mentally mimicking the emotions derived from the actions of others (Rizzolatti and Craighero, 2004). It is the process that makes your elbow ache when someone else knocks their elbow on the counter or the uncontrollable smile that creeps up when someone smiles at you. No questions asked, people intuitively sense what others are feeling. The old school of thought was that humans deduced through logic and reason the actions of others and interpreted the emotions through a rational process (Carew et al, 2008). …

Nonparametric Inference Based On Conditional Moment Inequalities, Donald W.K. Andrews, Xiaoxia Shi

Cowles Foundation Discussion Papers

This paper develops methods of inference for nonparametric and semiparametric parameters defined by conditional moment inequalities and/or equalities. The parameters need not be identified. Confidence sets and tests are introduced. The correct uniform asymptotic size of these procedures is established. The false coverage probabilities and power of the CS’s and tests are established for fixed alternatives and some local alternatives. Finite-sample simulation results are given for a nonparametric conditional quantile model with censoring and a nonparametric conditional treatment effect model. The recommended CS/test uses a Cramér-von-Mises-type test statistic and employs a generalized moment selection critical value.

Nonparametric Inference Based On Conditional Moment Inequalities, Donald W.K. Andrews, Xiaoxia Shi

Cowles Foundation Discussion Papers

This paper develops methods of inference for nonparametric and semiparametric parameters defined by conditional moment inequalities and/or equalities. The parameters need not be identified. Confidence sets and tests are introduced. The correct uniform asymptotic size of these procedures is established. The false coverage probabilities and power of the CS’s and tests are established for fixed alternatives and some local alternatives. Finite-sample simulation results are given for a nonparametric conditional quantile model with censoring and a nonparametric conditional treatment effect model. The recommended CS/test uses a Cramér-von-Mises-type test statistic and employs a generalized moment selection critical value.

Interoperability And Infrastructure Sharing Among Financial Services Providers, Akinwunmi O. Akinniyi

Bullion

This paper seek to explore the issues around interoperability and infrastructure sharing among financial services providers. especially in the context of o developing notion with the aim of highlighting on efficient path to successful implementation of the concepts. Following this introduction is on attempt to underscore the importance of shared infrastructure. The section ll identifies some key criteria for determining candidate infrastructure for sharing. Section lll is a consideration of pathways to achieving shared and interoperable infrastructure. Section lV contains suggested recommendations for implementation and conclusions.

Rationale For Financial System Regulation And Supervision: A Global Perspective, Victor Ekpu

Bullion

The paper examines the enormous role of financial institutions, especially banks to the efficient functioning of the economy. The shortcomings of regulation and supervision, notwithstanding, one can argue that because of the special role that financial institutions play in the economy and the economic and social costs to society of their eventual failure, it is obvious that leaving the forces of demand and supply to bear will have adverse implications on the economy and the living standards of the nation's citizens. lt is on this note that i expound on the various reasons for financial system regulation in section 2. …

Understanding The Bretton Woods Institutions (Bwis) With Particular Reference To The International Monetary Fund (Imf), Adeniyi O. Adenuga, Osaretin Evbuomwan

Bullion

The objective of this paper is to examine and discuss the workings of the Bretton Woods institution with particular focus on the international Monetary Fund (lMF). This is to enhance understanding of the expanded role of the lMF. The paper is divided into five parts. First is the introduction, Part ll, explains the IMF's role in the world economy, while Part lll presents relationships between the Fund and its members, highlighting member obligation to the Fund and Fund's obligation to its members. ln Port lV, the expanded roles of the Fund are discussed, while the conclusion is contained in Part …

Integrated Economic And Climate Modeling, William D. Nordhaus

Cowles Foundation Discussion Papers

This survey examines the history and current practice in integrated assessment models (IAMs) of the economics of climate change. It begins with a review of the emerging problem of climate change. The next section provides a brief sketch of the rise of IAMs in the 1970s and beyond. The subsequent section is an extended exposition of one IAM, the DICE/RICE family of models. The purpose of this description is to provide readers an example of how such a model is developed and what the major components are. The final section discusses major important open questions that continue to occupy IAM …

Nonparametric Inference Based On Conditional Moment Inequalities, Donald W.K. Andrews, Xiaoxia Shi

Cowles Foundation Discussion Papers

This paper develops methods of inference for nonparametric and semiparametric parameters defined by conditional moment inequalities and/or equalities. The parameters need not be identified. Confidence sets and tests are introduced. The correct uniform asymptotic size of these procedures is established. The false coverage probabilities and power of the CS’s and tests are established for fixed alternatives and some local alternatives. Finite-sample simulation results are given for a nonparametric conditional quantile model with censoring and a nonparametric conditional treatment effect model. The recommended CS/test uses a Cramér-von-Mises-type test statistic and employs a generalized moment selection critical value.

Broader Questions And A Bigger Toolbox:A Problem-Centered And Student-Centered Approach To Teaching Pluralist Economics, Julie A. Nelson

Economics Faculty Publication Series

This essay discusses a "broader questions and bigger toolbox" approach to teaching pluralist economics. This approach has three central characteristics. First, economics is defined so as to encompass a broad set of (provisioning) concerns. Second, emphasis is placed on contemporary real-world issues, institutions, and current events, rather than on debates in the history of economic thought. Third, a variety of concepts and theories are introduced, all of which are treated as partial and fallible--useful in some (perhaps very limited) situations while not so useful in others. Possible reasons an instructor might want to adopt this approach, and examples of use …

The Marketplace Of Boston: Macrobotanical Remains From Faneuil Hall, Ciana Faye Meyers

Graduate Masters Theses

Residents of Boston in the eighteenth century utilized a wide range of botanical materials in their daily lives, navigating complex urban marketing systems and utilizing their own individual ingenuity to procure botanical resources. The one thousand eight hundred and eighty-three botanical remains recovered from a "community midden" underneath the present-day Faneuil Hall represents a diverse collection of taxa which encodes information not only about the localized dietary practices of colonial urban residents, but also helps to illuminate the more subtle ramifications of Boston's participation in the Atlantic economy on the lives of its residents. These botanical remains represent taxa from …

China's Growing Role In World Trade: Trade Growth, Production Fragmentation, And China's Environment, Judith M. Dean, Mary Lovely

Economics - All Scholarship

No abstract provided.

Extreme Risks In Financial Markets And Monetary Policies Of The Euro-Candidates, Hubert Gabrisch, Lucjan T. Orlowski

WCBT Faculty Publications

This study investigates extreme tail risks in financial markets of the euro-candidate countries and their implications for monetary policies. Our empirical tests show the prevalence of extreme risks in the conditional volatility series of selected financial variables, that is, interbank rates, equity market indexes and exchange rates. We argue that excessive instability of key target and instrument variables should be mitigated by monetary policies. Central banks in these countries will be well-advised to use both standard and unorthodox (discretionary) tools of monetary policy while steering their economies out of the financial crisis and through the euro-convergence process.

The Impact Of Oil Price Surges On Economic Growth, Valeria Restrepo

HIM 1990-2015

The objective of this research concerns identifying whether or not there is a relationship between oil price increases in a given quarter and the likelihood of a recession in the subsequent quarter. The data used is gathered from the St. Louis Fed's Fred II, the National Bureau of Economic Research, and the Energy Information Administration to generate modified variables. These variables are tested using a qualitative dependent variable, recession, in a binary choice model. The findings validated the assumption that oil prices do have a correlation with recessions, and that the relationship is a direct one. Based on the model, …

State Income Tax A Double-Edged Sword, Karla Burgos

HIM 1990-2015

States are facing tough economic times as a result of the housing market bubble exploding. States have been declaring budget deficits and major program cuts, since revenues have not kept up with expenditures and rainy day funds have been practically exhausted. State tax revenues have decreased, resulting from a decline in income tax revenues, one of the major sources of revenues for a large number of states (41 in total). A majority of these states have come to depend heavily on the revenue they collect from income taxes, which can represent as much as 40% of state tax revenue. This …

A Hedonic Analysis Of The Effect Of Expert Wine Ratings On Price And Retailer Profits, Kaitlin D. Neill

HIM 1990-2015

During the last few decades, economists have become interested in the wine industry and several of them have focused on the determinants of price. One characteristic that has been identified as an important determinant is expert wine ratings. Much of the previous research on this topic has focused on relating expert grades to the retail price of wine. Using proprietary data, this paper will test whether these grades influence retail prices as well as retailer profits and wholesale pricing. By analyzing an individual wholesale firm in South Florida and their distribution network, this paper determines the effect expert ratings have …

Diaspora Bonds: A Viable Source Of External Financing For Nigeria?, Omolara O. Duke

Bullion

The paper examines the need for external funding, arises from the inadequacy of domestic sources of funds to meet supply gaps and balance of payments (BOP) challenges and the potentials of Nigeria sourcing external financing through the issuance of Diaspora bonds. Following this introduction, Section ll reviews conceptual and empirical literature as well as country experiences on Diaspora bonds issuance. Section lll, discusses the bond market in Nigeria. ln Section lV. the prospects and challenges of issuing Diaspora bonds in Nigeria were highlighted. Section V concludes the paper.