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Analisis Asimetri Harga Ikan Tuna Di Sumatera Barat, Junaidi Junaidi, Wiko Saputra

Jurnal Ekonomi dan Pembangunan Indonesia

The limited number of auction agents of tuna fish and the lack of infrastructure in auction center trigger the occurrence of third parties in marketing system. The collusion on price among agents ocrurs in auction center, especially in harvest season. The asymmetric information of the price between agent to consumer has occurred for a long time in West Sumatra and even in various regions in Indonesia. The challenges are how to develop fisheries and minimize poverty which occur on fisherman. The aim of this research was to analyze the asymmetry of price of tuna fish at agents, sub-agents and retailers …

Economic Impact And Skier Characteristics: Montana , Norma P. Nickerson, Kara Grau

Institute for Tourism and Recreation Research Publications

Seven ski resorts in Montana participated in the first economic impact of the alpine ski industry in Montana. Extrapolating the data to all Montana resorts shows that 35 percent of skiers are nonresidents who contribute a combined impact of $83 million dollars to the state. Nonresidents spent $1,252/ski trip/group while in Montana. Residents spent an average of $138/ski trip/group. More nonresidents came from Alberta, Minnesota, Washington and North Dakota than any other state. Residents traveled 75 miles on average to access the ski area.

Evaluation Of Regional Collaborations For Economic Development: Lessons From The Employment And Training Adminsitration's Wired Initiative, Kevin Hollenbeck, Nancy Hewat

Employment Research Newsletter

No abstract provided.

Cooperative Strategies On Parallel Tracks: The Nepad And Agoa Initiatives, Guelmbaye Ngarsandje

Graduate Program in International Studies Theses & Dissertations

In July 2001, at the 37th of the former Organization of African Unity, African heads of states launched the New Partnership for Africa's Development (NEPAD), a combination of the Omega Plan from Abdoulaye Wade and The Millennium African Renaissance Partnership initiated by Thabo Mbeki, respectively presidents of Senegal and South Africa. This was an achievement of tasks given by their peers in Algiers in 1999. Previously to that, the Clinton administration initiated the African Growth and Opportunity Act passed in law in 1998. Though the two programs aim at African development, they did not take in account each other.

This …

Profile Quasi-Maximum Likelihood Estimation Of Partially Linear Spatial Autoregressive Models, Liangjun Su, Sainan Jin

Research Collection School Of Economics

We propose profile quasi-maximum likelihood estimation of spatial autoregressive models that are partially linear. The rate of convergence of the spatial parameter estimator depends on some general features of the spatial weight matrix of the model. The estimators of other finite-dimensional parameters in the model have the regular √n-rate of convergence and the estimator of the nonparametric component is consistent but with different restrictions on the choice of bandwidth parameter associated with different natures of the spatial weights. Monte Carlo simulations verify our theory and indicate that our estimators perform reasonably well in finite samples.

Off The Cliff And Back? Credit Conditions And International Trade During The Global Financial Crisis, Davin Chor, Kalina Manova

Research Collection School Of Economics

We study the collapse of international trade flows during the global financial crisis using detailed data on monthly US imports. We show that credit conditions were an important channel through which the crisis affected trade volumes, by exploiting the variation in the cost of capital across countries and over time, as well as the variation in financial vulnerability across sectors. Countries with higher interbank rates and thus tighter credit markets exported less to the US during the peak of the crisis. This effect was especially pronounced in sectors that require extensive external financing, have limited access to trade credit, or …

Bimodal T-Ratios: The Impact Of Thick Tails On Inference, Carlo V. Fioro, Vassilis A. Hajivassiliou, Peter C. B. Phillips

Research Collection School Of Economics

This paper studies the distribution of the classical t-ratio with data generated from distributions with no finite moments and shows how classical testing is affected by bimodality. A key condition in generating bimodality is independence of the observations in the underlying data-generating process (DGP). The paper highlights the strikingly different implications of lack of correlation versus statistical independence in DGPs with infinite moments and shows how standard inference can be invalidated in such cases, thereby pointing to the need for adapting estimation and inference procedures to the special problems induced by thick-tailed (TT) distributions. The paper presents theoretical results for …

Comparative Study About English Socio-Economics Factors Of Pakistani Universities Students, Syed Umar Farooq, Iqbal Shah

Business Review

Learning materials written in English language often embarrass our students due to lack of the command over this imported language. As Pakistani Universities curriculum happens in English, therefore, the study will let us know the extent to which University students comprehend written English. This paper will let us know whether different socio-economic factors affect the reading skill of English language. Further it will help the teachers and curriculum developer to look into such factors while teaching or developing English curriculum. It will also help the students to know about their English reading skill and work for its improvement in the …

Pakistan's Growth Experience 1947-2007, Ishrat Hussain

Business Review

Pakistan's growth experience over the past sixty years is both impressive and disappointing. It is impressive because rapid growth rate has resulted in a quadrupling of per capita incomes and reduction in poverty levels by one half despite fairly high population growth. Structural changes have transformed a predominantly agrarian economy to a more diversified production structure. Manufactures account for 80 percent of the country's exports. But there is a sense of disappointment too. Social indicators are among the worst in developing countries. Pakistan ranks 134th among 177 countries in Human Development Index. Income Inequalities, Rural Urban disparities and Gender differentials …

Paradigmatic Asymmetries Between Economics And Management Discourses As Instrumentalities Of Capitalist Order, Javed Akbar Ansari, Zahid Siddique Mughal

Business Review

This paper contrasts the economics and the management discourse paradigms to identify the purposes these discourses serve in sustaining and reproducing capitalist order The paper begins with an identification of the major characteristics of capitalist order Section 2 and 3 compare and contrast economics and management discourses respectively on the basis of the role they are designed to play in legitimizing and operationalizing capitalist order The concluding section argues that their roles vary in efficacy. Both economics and management provide incomplete justificatory and reformative proposals but this is because capitalism is an inherently conflictive social order always threatened by implosion. …

The Effects Of Corruption On The Nigerian Economy, Ahmed Audu Maiyaki

Business Review

The study aims at examining closely the effects of corruption on Nigerian economy. This is informed by the general belief that the menace of corruption has disastrous consequences not only on the economy but on all sectors of human endeavor. A number of related works were intensively reviewed and both the secondary data and primary data from secondary source were used It was however discovered that corruption has significant effects on the Nigerian economy. In effect, corruption slows growth, leads to inefficient investments in public projects, and slows down foreign investments. Hence, it was recommended that government should ensure that …

Determinants Of Foreign Direct Investment In Services Sector Of Pakistan: An Econometrics Approach, Muhammad Zahid Awan, Khair Uz Zaman, Bakhtiar Khan

Business Review

This study examines the key determinants of FDI inflows in Services sector of Pakistan, using time series data (quarterly) for the period of 1996Q1-2008Q4. To check the stationarity of the data, ADF test has been applied. Co-integration and Error Correction Model (ECM) is used for estimation of the data. This study found that Gross Domestic Fixed Capital formation (GDFCF), Inflation Rate(INF), Current Account Balance(CAB), Exchange Rate (ER), and Per Capita Income (PC) are main factors of FDI inflows in services sector of Pakistan. This study reveals that GDFCF, INF and PC are found statistically significant with positive signs. CAB and …

Nonparametric Testing For Asymmetric Information, Liangjun Su, Martin Spindler

Research Collection School Of Economics

Asymmetric information is an important phenomenon in many markets and in particular in insurance markets. Testing for asymmetric information has become a very important issue in the literature in the last two decades. Almost all testing procedures that are used in empirical studies are parametric, which may yield misleading conclusions in the case of misspecification of either functional or distributional relationships among the variables of interest. Motivated by the literature on testing conditional independence, we propose a new nonparametric test for asymmetric information which is applicable in a variety of situations. We demonstrate the test works reasonably well through Monte …

Labor Force And Economic Changes In Cuba, Pavel Vidal Alejandro, Omar Everleny Perez Villanueva, Mario A. Gonzalez-Corzo

Publications and Research

In November 2010, the Cuban government published a 32-page document called “Lineamientos De La Política Económica y Social” [“Guidelines of Economic and Social Policies], which outlines the economic transformations approved in the Sixth Communist Party Congress last April 2011. The guidelines presented in this document expand the economic changes initiated by Raúl Castro in 2008. One of the major changes that already began is the transfer of State workers to the (emerging) private sector. This is the most transformative labor oriented economic adjustment implemented in Cuba so far and is a clear indicator of Cuba’s movement towards a …

Modified Information Criteria For Selecting A Finite Mixture Model, Safa K. Kadhem, Hajem A. Daham

Muthanna Journal of Administrative and Economics Sciences

Recently, a paper published by Celeux et al. (2006) presented several forms for the deviation information criterion (DIC) for mixture models, each version is depended on the kind of probability function. However, no reliable version was adopted for those models. As an idea inspired by Brooks (2002, p. 617), we develop, in this paper, Bayesian deviations plugging into two known criteria: the Akaike information criterion (AIC) and Bayesian information criterion (BIC) for choosing best mix model. Due to unavailability the closed-form of the perceived likelihood of those models, we propose an algorithm for estimating the observed likelihood for mixture models …

New Mexico Labor Market Review 06-30-2010, New Mexico Department Of Workforce Solutions

Historic Publications

The New Mexico Labor Market Review is a monthly publication presenting statistical data and analysis on labor market conditions throughout New Mexico. Issues examine statewide and regional trends in employment, unemployment, labor force estimates, industry activity, wages, occupational demand, and related economic conditions, often accompanied by feature articles on topics affecting the state’s economy. This issue covers May 2010.

Trade And Human Development, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

I agree with the main message of the Report that the link between Trade, Human Development and Economic growth is not straight forward and has to be created consciously by forward looking policies and strategies by both national governments and multilateral trade bodies. But having said that we must also recognize that South Asian countries have made remarkable progress in opening their economies since early 1990s. Till about 1990, trade-GDP ratio was 20 percent which has escalated to 52 percent by 2008. The three large countries of the region – India, Pakistan and Bangladesh – started the process of liberalization …

Monetary Policy Essay, Dan Brocklehurst

Academic Symposium of Undergraduate Scholarship

No abstract provided.

Islam And The Future Of Economics, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

The topic that has been assigned to me today is Islam and the future of Economics. As a practitioner I would hesitate from indulging in pure abstractions and would illustrate my viewpoint with the help of application to Pakistan. There are many protagonists in Pakistan who are pushing the country towards adopting this system. Western analysts and observers view such a move with apprehension and feel that this will lead to Pakistan’s decoupling from the global economic system and its isolation from mainstream economic thinking. In their minds such behavior will create greater instability and amplify risks for the rest …

Islam And The Future Of The Economics, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

There are many protagonists in Pakistan who are pushing the country towards adopting an Islamic economic system. Western analysts and observers view such a move with apprehension and feel that this will lead to Pakistan's decoupling from the global economic system and its isolation from mainstream economic thinking. In their minds such behavior will create greater instability and amplify risks for the rest of the world. I believe these apprehensions are totally misplaced and the assumptions and premises on which the hypothesis about the Islamic economic system have been constructed are seriously flawed. As a practitioner I would hesitate from …