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2015

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Articles 1 - 30 of 41

Full-Text Articles in Political Economy

The Economic Implications Of Evolving Aviation Funding Policy In Tennessee, Hunter Pressley Mccracken Dec 2015

The Economic Implications Of Evolving Aviation Funding Policy In Tennessee, Hunter Pressley Mccracken

Masters Theses

The majority of state funding for capital improvements at Tennessee’s general aviation and commercial airports comes through grants awarded from the Tennessee Transportation Equity Trust Fund (TETF). Through a 4.5 percent sales and use tax on the consumption of aviation fuel, users help to fund the continued improvement and maintenance of aviation facilities around the state. Aircraft refueling operations associated with the FedEx “SuperHub” in Memphis were responsible for two-thirds of the TETF’s revenue for Fiscal Year 2014. In response to speculation that FedEx would relocate its refueling operations to reduce its fuel tax liability, the Tennessee General Assembly passed …


Implications Of Global Warming: Two Eras, Philip E. Graves Oct 2015

Implications Of Global Warming: Two Eras, Philip E. Graves

PHILIP E GRAVES

The purpose of the present paper is to attempt to gain insights into the implications of global warming that is anticipated in the future. In attempting to think about really long-term regional implications, it seems naïve to look at global warming without thinking about long-standing trends in other variables that would be expected to interact with climate change over time. I envision two quite different “eras,” a first filled with considerable danger of both economic and environmental collapse. But—if humanity survives the first period—a second period of great promise for humanity and the global ecosystem is likely to take place. …


A Way Around The Divided House Majority, Charles L. Weise, Bruce A. Larson Oct 2015

A Way Around The Divided House Majority, Charles L. Weise, Bruce A. Larson

Economics Faculty Publications

For observers of the U.S. Congress, the inability of Republicans to unite behind a candidate for speaker has been by turn fascinating, exasperating, and frightening. When and if a candidate is finally chosen, Republicans will breathe a sigh of relief, as will many commentators. The real crisis, however, will have just begun. [excerpt]


The Developmental Effect Of State Alcohol Prohibitions At The Turn Of The 20th Century, Mary F. Evans, Eric Helland, Jonathan Klick, Ashwin Patel Sep 2015

The Developmental Effect Of State Alcohol Prohibitions At The Turn Of The 20th Century, Mary F. Evans, Eric Helland, Jonathan Klick, Ashwin Patel

All Faculty Scholarship

We examine the quasi-randomization of alcohol consumption created by state-level alcohol prohibition laws passed in the U.S. in the early part of the 20th century. Using a large dataset of World War II enlistees, we exploit the differential timing of these laws to examine their effects on adult educational attainment, obesity, and height. We find statistically significant effects for education and obesity that do not appear to be the result of pre-existing trends. Our findings add to the growing body of economic studies that examines the long-run impacts of in utero and childhood environmental conditions.


Can Simple Mechanism Design Results Be Used To Implement The Proportionality Standard In Discovery?, Jonah B. Gelbach Sep 2015

Can Simple Mechanism Design Results Be Used To Implement The Proportionality Standard In Discovery?, Jonah B. Gelbach

All Faculty Scholarship

I point out that the Coase theorem suggests there should not be wasteful discovery, in the sense that the value to the requester is less than the cost to the responder. I use a toy model to show that a sufficiently informed court could design a mechanism under which the Coasean prediction is borne out. I then suggest that the actual information available to courts is too little to effect this mechanism, and I consider alternatives. In discussing mechanisms intended to avoid wasteful discovery where courts have limited information, I emphasize the role of normative considerations.


Expropriation Risk And Competition Within The Military, Madhav S. Aney, Giovanni Ko Sep 2015

Expropriation Risk And Competition Within The Military, Madhav S. Aney, Giovanni Ko

Research Collection School Of Economics

How can agents in the military, who control the means of coercion, commit not to expropriate from producers? In this paper we propose competition within the military as one of the mechanisms that can deter predation and consequently create commitment. In our model, even if agents within the military could expropriate all output costlessly, it is attractive to protect producers from predating military units. This marginal defensive advantage and consequently defence is an effective way to potentially eliminate is because there is a other military units, reducing competition and leading to higher future payoffs. Our model predicts that greater internal …


Policy Recommendations For Alleviating Homelessness In Chittenden County, Vermont, Brittany E. Nevins Aug 2015

Policy Recommendations For Alleviating Homelessness In Chittenden County, Vermont, Brittany E. Nevins

Capstone Collection

Chittenden County, Vermont is suffering from increasing homelessness and poverty among both individuals and families. Residents of Chittenden County face an urban rental vacancy rate of less than .5% in Burlington, VT where the majority of jobs are located and only a 3% vacancy in suburban towns. Residents face waiting lists for rental subsidies of up to 8 years, and decreasing access to services for working class populations who are facing rent to income ratios of nearly 70% and utility costs of 30% of their income. The market rent is increasing and the state budget faces deep cuts to services. …


Economic Wealth And Social Welfare: A Longitudinal Analysis Of Transnational Well-Being, Kelly Brooke Martin Aug 2015

Economic Wealth And Social Welfare: A Longitudinal Analysis Of Transnational Well-Being, Kelly Brooke Martin

Doctoral Dissertations

Macro changes in the financial arena have prompted ongoing research focused on global economic trends. As America emerges from an era of stagnant wages, rising unemployment, and growing class stratification it is necessary to explore differences in cross-national socioeconomic behavior to address the changing needs of our country. Many studies attempt to describe statistical correlations between economic wealth and social well-being domestically and abroad by utilizing methodological perspectives that do not account for longitudinal change. To address the gap in existing research, this study seeks to measure variations in econometric indicators between the U.S. and Nordic countries to further explicate …


Who Benefits From Environmental Regulation? Evidence From The Clean Air Act Amendments, Antonio Bento, Matthew Freedman, Corey Lang Jul 2015

Who Benefits From Environmental Regulation? Evidence From The Clean Air Act Amendments, Antonio Bento, Matthew Freedman, Corey Lang

Matthew Freedman

Using geographically disaggregated data and exploiting an instrumental variable strategy, we show that, contrary to conventional wisdom, the benefits of the 1990 Clean Air Act Amendments (CAAA) were progressive. The CAAA created incentives for local regulators to target the initially dirtiest areas for cleanup, creating heterogeneity in the incidence of air quality improvements that favored lower-income households. Based on house price appreciation, households in the lowest quintile of the income distribution received annual benefits from the program equal to 0.3% of their income on average during the 1990s, over twice as much as those in the highest quintile.

Earlier versions …


Public Actors In Private Markets: Toward A Developmental Finance State, Robert Hockett, Saule Omarova Jun 2015

Public Actors In Private Markets: Toward A Developmental Finance State, Robert Hockett, Saule Omarova

Saule T. Omarova

The recent financial crisis brought into sharp relief fundamental questions about the social function and purpose of the financial system, including its relation to the “real” economy. This Article argues that, to answer these questions, we must recapture a distinctively American view of the proper relations among state, financial market, and development. This programmatic vision – captured in what we call a “developmental finance state” – is based on three key propositions: (1) that economic and social development is not an “end-state” but a continuing national policy priority; (2) that the modalities of finance are the most potent means of …


A Market Study Of Organic And Fair Trade Coffee In Bolivia, Christopher L. Estevez Jun 2015

A Market Study Of Organic And Fair Trade Coffee In Bolivia, Christopher L. Estevez

FIU Electronic Theses and Dissertations

The purpose of this research is to study the commercialization of Fairtrade and Organic coffee in the Bolivia. Fairtrade and Organic coffee are alternative trade systems designed to promote the equitable and environmentally sustainable production of coffee. However, these alternative trading systems often fail to meet these goals. The producers and environment these systems are intended to protect remain marginalized. These failures are due to a number of local institutions. In order to better understand these institutions, this research conducted interviews of various stakeholders including producers, cooperative leaders, organic/Fair Trade certifiers, government agencies and private buyers. All these stakeholders influence …


A Close Look At The Relationship Between Poverty And Political Violence In Nepal, Lauren C. Griffin May 2015

A Close Look At The Relationship Between Poverty And Political Violence In Nepal, Lauren C. Griffin

Global Tides

Today, one quarter of Nepal’s population of 27 million lives on a daily income of less than two dollars (Sharma 8). Villages are deprived of an ample water supply, and some areas still lie in ruins from the aftermath of the Maoist insurgency. This paper will seek to understand the role of poverty in the historically and presently unfolding political environment of Nepal. Several factors show direct correlation between poverty and insurgent activity, such as land ownership, level of education and socio-economic standing. Nepal has had a volatile and bloody past in the midst of medieval dynasties, an authoritative monarchy …


Abstracts Volume 1 2014 English May 2015

Abstracts Volume 1 2014 English

Journal of Ocean and Coastal Economics

Abstracts for Volume 1 2014 in English


Abstracts Volume 1 2014 Japanese, The Editors May 2015

Abstracts Volume 1 2014 Japanese, The Editors

Journal of Ocean and Coastal Economics

Abstracts to Volume 1 2014 Japanese


Abstracts Volume 1 2014 Korean, The Editors May 2015

Abstracts Volume 1 2014 Korean, The Editors

Journal of Ocean and Coastal Economics

Abstracts to Volume 1 2014 in Korean


Abstracts Volume 1 2014 French, The Editors May 2015

Abstracts Volume 1 2014 French, The Editors

Journal of Ocean and Coastal Economics

Abstracts to Volume 1 2014 in French


Abstracts Volume 1 2014 Portuguese, The Editors May 2015

Abstracts Volume 1 2014 Portuguese, The Editors

Journal of Ocean and Coastal Economics

Abstracts to Volume 2014 in Portuguese


The New Synthesis Of Bank Regulation And Bankruptcy In The Dodd-Frank Era, David A. Skeel Jr. May 2015

The New Synthesis Of Bank Regulation And Bankruptcy In The Dodd-Frank Era, David A. Skeel Jr.

All Faculty Scholarship

Since the enactment of the Dodd-Frank Act in 2010, U.S. bank regulation and bankruptcy have become far more closely intertwined. In this Article, I ask whether the new synthesis of bank regulation and bankruptcy is coherent, and whether it is likely to prove effective.

I begin by exploring some of the basic differences between bank resolution, which is a highly administrative process in the U.S., and bankruptcy, which relies more on courts and the parties themselves. I then focus on a series of remarkable new innovations designed to facilitate the rapid recapitalization of systemically important financial institutions: convertible contingent capital …


Fishing For A Sustainable Future: Aquaponics As A Method Of Food Production, Richard Ramsundar May 2015

Fishing For A Sustainable Future: Aquaponics As A Method Of Food Production, Richard Ramsundar

Student Theses 2015-Present

This thesis compares and explains the advantages aquaponics farming has over modern industrial intensive farming. Through a comparison natural capital usage, conservation, recycling and cost, the thesis advocates for the expansion of aquaponics usage in urban settings. The thesis also explains the history of intensive farming and aquaponics in America, the science of how aquaponics operates, the economic and environmental costs of modern intensive farming versus aquaponics farming, and the social implications of aquaponics. Lastly, I propose a policy that reallocates farm subsidies by modifying the Farm Bill. Then I propose policies that support creating a new standard of farm …


Faith-Based Organizations In Disaster Relief: Locally-Based Strategies For A Higher Demand Future, Zach Goldberg May 2015

Faith-Based Organizations In Disaster Relief: Locally-Based Strategies For A Higher Demand Future, Zach Goldberg

Honors Capstone Projects - All

Due to the effects of climate change, natural disasters are beginning to occur more frequently and are causing greater destruction. The American disaster relief system currently relies on a nationally focused, top-down approach. As resources become more and more limited, it is expected that disaster relief fatigue will occur, required local communities to take a larger role in their disaster relief processes. Right now, major player in both local and national disaster relief are Faith-Based Organizations (FBOs), who provide many crucial services before and after disasters

This paper develops an economic model of the rebuilding stage of disaster relief in …


Signed Peer Reviews As A Means To Improve Scholarly Publishing, Linwood H. Pendleton Mar 2015

Signed Peer Reviews As A Means To Improve Scholarly Publishing, Linwood H. Pendleton

Journal of Ocean and Coastal Economics

Peer review is a necessary process with a long history of complaints, including over-solicitation of a small number of reviewers, delays, inadequate numbers of reviewers, and a lack of incentives to provide strong reviews or avoid reviews with little helpful information for the author. In the era of Web-based distribution of research, through working paper or project reports, anonymous peer reviews are much less likely. The Journal of Ocean and Coastal Economics will use signed peer reviews and an open communication process among authors, reviewers, and editors. This approach, to be developed over time, should lead to stronger communication of …


The Journal Of Ocean And Coastal Economics: An Introduction And Invitation, Charles S. Colgan Mar 2015

The Journal Of Ocean And Coastal Economics: An Introduction And Invitation, Charles S. Colgan

Journal of Ocean and Coastal Economics

The Journal of Ocean and Coastal Economics publishes research, literature reviews, and application reports that use the theories and methods of economics to shape the understanding of oceans and their resources, and coastal regions. The Journal is intended for a broad audience of scholars and practitioners in economics and ocean and coastal management. "Oceans" includes the major oceans, bays, and estuaries, but other definitions may be proposed. Articles addressing both economic values and the measurement of economic activity in "ocean industries" are included, along with articles addressing the economy of coastal regions. The Journal uses an open peer review system …


Book Review, Political Science. Volume 1, The Indian State. Icssr Research Surveys And Explorations, Aseema Sinha Mar 2015

Book Review, Political Science. Volume 1, The Indian State. Icssr Research Surveys And Explorations, Aseema Sinha

CMC Faculty Publications and Research

This book maps the scholarly terrain on the Indian state. The book holds great promise, as the last survey was done in 1995. The volume seeks to understand the state through an analysis of the “social character” of the Indian state, the political economy of the Indian state, social policy, and law and rights. It is a well-edited collection from scholars based in India.


Abstracts Volume 1 2014 Chinese, The Editors Feb 2015

Abstracts Volume 1 2014 Chinese, The Editors

Journal of Ocean and Coastal Economics

Abstracts for 2014 Volume in Chinese


Abstracts Volume 1 2014 Spanish, The Editors Feb 2015

Abstracts Volume 1 2014 Spanish, The Editors

Journal of Ocean and Coastal Economics

Abstracts to Volume 2014 in Spanish


American And British Strategies In The Competition For Energy Resources In Sub-Saharan Africa, Stefan Andreasson Feb 2015

American And British Strategies In The Competition For Energy Resources In Sub-Saharan Africa, Stefan Andreasson

Stefan Andreasson

No abstract provided.


Waste And Duplication In Nasa Programs: The Need To Enhance U.S. Space Program Efficiency, Bert Chapman Feb 2015

Waste And Duplication In Nasa Programs: The Need To Enhance U.S. Space Program Efficiency, Bert Chapman

Libraries Faculty and Staff Scholarship and Research

The U.S. Government faces acute budgetary deficits and national debt problems in the Obama Administration. These problems have been brought about by decades of unsustainable government spending affecting all agencies including the National Aeronautics and Space Administration. (NASA). An outgrowth of this fiscal profligacy is the presence of wasteful and duplicative programs within NASA that prevent this agency from achieving its space science and human spaceflight objectives. These problems occur due to mismanagement of these programs from NASA and the creation of these programs by the U.S. Congress and congressional committees. This occurs because congressional appropriators tend to be more …


Aca Implementation In The South: The Political Economy Of Full Participation In Kentucky, Glen P. Mays Jan 2015

Aca Implementation In The South: The Political Economy Of Full Participation In Kentucky, Glen P. Mays

Glen Mays

This analysis, conducted as part of the ACA Implementation Research Network, examines economic and political forces shaping Kentucky's early experience with implementation of the Patient Protection and Affordable Care Act.


Aca Implementation In The South: The Political Economy Of Full Participation In Kentucky, Glen P. Mays Jan 2015

Aca Implementation In The South: The Political Economy Of Full Participation In Kentucky, Glen P. Mays

Health Management and Policy Presentations

This analysis, conducted as part of the ACA Implementation Research Network, examines economic and political forces shaping Kentucky's early experience with implementation of the Patient Protection and Affordable Care Act.


A Gpi-Based Critique Of "The Economic Profile Of The Lower Mississippi River: An Update", Eric Zencey Jan 2015

A Gpi-Based Critique Of "The Economic Profile Of The Lower Mississippi River: An Update", Eric Zencey

College of Arts and Sciences Faculty Publications

The Genuine Progress Indicator, or GPI, is an alternative economic indicator that seeks to measure net economic welfare—the economic welfare that is gained by economic activity after the costs of producing that welfare (such as the costs of air pollution, water pollution, resource depletion, climate change, and the like) are deducted. From a GPI perspective, the economy of the Lower Mississippi River Corridor is not nearly as robust as traditional modes of economic analysis would suggest. There are clear paths to increasing GPI (and human economic wellbeing) that have implications for environmental, economic and river-management policy.