Foreign Produced Content And Japanese Price Disinflation: An Empirical Study,
2010
University of San Francisco
Foreign Produced Content And Japanese Price Disinflation: An Empirical Study, Peggy Takahashi, Daniel Blakley, Joel Oberstone, Yasuhiro Akiyama
Economics, Law, and International Business
This research investigates the role non-macroeconomic factors have played in subduing inflationary pressures in Japan. We investigate the hypothesis that the under-recognized presence of goods with high foreign produced content (FPC) in the consumer market basket has coincided with reduced price-level increases over the time period 1991-2004. An empirical examination and descriptive comparison of CPI market basket items and import data categories suggest the negative relationship between FPC and the CPI inflation rate over this time period is significant. Our conclusions suggest the extent to which measures of inflation are considered to be an accurate gauge of macroeconomic conditions or …
Shaping Economic Practices In China’S Post-Command Economy Period: The Interaction Of Politics, Economics And Institutional Constraints,
2010
Rollins College
Shaping Economic Practices In China’S Post-Command Economy Period: The Interaction Of Politics, Economics And Institutional Constraints, Tonia Warnecke, Alain Blanchard
Student-Faculty Collaborative Research Publications
Although much has been published on China's economic transition, less research has focused on how Chinese culture and the Communist political system have interacted to shape the new Chinese economy. In this paper, we argue that China's post-command economy period reflects not only the 'new' infusion of neo-liberal ideology into the country, but also the consistent filtering of economic practices through a historical and complex institutional arrangement of cultural and political norms. The tensions between neo-classical free market principles and the overarching authority of the Communist state explain the variety of institutional constraints on actual economic practices in China. While …
Cultural Diversity, Immigration And Trade: A Study Of Nine Oecd Host Countries,
2010
Franklin & Marshall College
Cultural Diversity, Immigration And Trade: A Study Of Nine Oecd Host Countries, Roger White, Bedassa Tadesse
Economics
Employing data from nine OECD countries and 67 trading partners for the years 1996-2001, we examine the inter-relationships between immigration, cultural diversity and trade. We find greater cultural differences between immigrants’ host and home countries inhibit trade flows. However, immigrants exert pro-trade influences that partially offset the effect of cultural distance. We also find that greater cultural diversity within the immigrants’ host countries is associated with the creation of trade between immigrants’ host and home countries. The findings suggest that the ability of immigrants to influence their host’s trade with their home countries depends, in part, on the characteristics of …
Determinants Of Rental Rates In Major Cities In The United States,
2010
Bryant University
Determinants Of Rental Rates In Major Cities In The United States, Roy Ruivo
Empirical Economic Bulletin, An Undergraduate Journal
The focus of this paper is to determine variables that contribute to rental rate pricing. Using U.S. Census data pertaining to all cities in the United States with populations over 100,000 in 2005, this paper furthers a study of inter-city rent determinants within New York City provided by Marco (2008) using additional variables provided by Gilderbloom and Pan (2002) in their inter-city study. This report studies the impact of variables, including vacancy rates, median family income, population growth rate, and average housing costs. The population variable will be manipulated so that it represents density, which provides an accurate representation of …
Determinants Of Hyperinflation: An Analysis Of Argentina,
2010
Bryant University
Determinants Of Hyperinflation: An Analysis Of Argentina, Eric Fudge
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the history of inflation rates in Argentina compared to other economic factors, including: GDP, national budget, money supply, exchange rate, and unemployment levels. Using data from the World Bank and Centre of International Economics this paper will give insight into some of the causes of high inflation levels that were evident in Argentina throughout the 1980s, peaking with hyperinflation in 1989 and 1990. Results from analyzing statistics pertaining to Argentina’s economy from 1980 to present suggest that perpetual budget deficits led the government to print money more rapidly, causing a significant decrease in currency valuation and thus …
Economic Growth And Emissions In China And India: A Comparison With The Other G5 Emerging Nations,
2010
Bryant University
Economic Growth And Emissions In China And India: A Comparison With The Other G5 Emerging Nations, David Niles
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the possibility of different modes of production affecting the emission levels of developing nations. China and India have experienced substantial economic growth of the past few decades. Past economists have found emission levels positively correlated with GDP growth. Nonetheless, China has significantly higher emission levels than India, given their respective growth in GDP. Whether a country bases their growth on agriculture, industry, manufacturing or services has an effect on their subsequent emission levels. Comparing these results with the other G5 nations indicate the relative importance of GDP level in comparison with economic structure. This paper finds that …
2009 Workforce Solutions Customer Survey,
2010
University of Texas at El Paso
2009 Workforce Solutions Customer Survey, Mario E. Caire, Elizabeth K. Gibson, Melissa Gonzalez
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 (WSURG) Workforce Development Board (WDB) to conduct a customer satisfaction survey. For purposes of this survey, “customer” refers to individuals who have received WS-URG services (such as job search, resume writing, etc.) or have attended a WS-URG sponsored training program. The goals of the survey were to assess customer satisfaction with and the quality of services offered by WS-URG and to evaluate satisfaction with training programs. The survey was also designed to collect information …
Mapping Energy Poverty In Huntington, West Virginia,
2010
Marshall University
Mapping Energy Poverty In Huntington, West Virginia, Elizabeth Anne Callicoat
Theses, Dissertations and Capstones
Energy poverty is a growing phenomenon culminating from the combination of low to mid household income, deteriorating housing structures and rising household energy costs. Energy prices are increasing for all households, but the burden is proportionally larger for those with low to mid income. These groups must sacrifice to afford energy and are often unable or do not have the autonomy to make structural improvements, especially if they rent their home. Data on residential dwellings from the Cabell County Tax Assessor? Office were used within a geographic information system to map where energy poverty likely exists within the city limits …
Binary Economics - An Overview,
2010
Syracuse University
Binary Economics - An Overview, Robert Ashford
College of Law - Faculty Scholarship
Based on binary economic principles, this paper asserts that one widely overlooked way to empower economically poor and working people in market economy is to universalize the right to acquire capital with the earnings of capital. This right is presently largely concentrated, as a practical matter, in less than 5 % of the population. The concentration of the right to acquire capital with the earnings of capital helps to explain how people either remain poor or end up poor no matter how hard they work or are willing to work. Binary Economics offers a conception of economics that is foundationally …
Trusts Versus Corporations: An Empirical Analysis Of Competing Organizational Forms,
2010
Syracuse University
Trusts Versus Corporations: An Empirical Analysis Of Competing Organizational Forms, A. Joseph Warburton
College of Law - Faculty Scholarship
This paper studies the effects of organizational form on managerial behavior and firm performance, from an empirical perspective. Managers of trusts are subject to stricter fiduciary responsibilities than managers of corporations. This paper examines the ramifications empirically, by exploiting data generated by a change in British regulations in the 1990s that allowed mutual funds to organize as either a trust or a corporation. I find evidence that trust law is effective in curtailing opportunistic behavior, as trust managers charge significantly lower fees than their observationally equivalent corporate counterparts. Trust managers also incur lower risk. However, evidence suggests that trust managers …
An Examination Of Non-Linear Relationships Between Intellectual Property Rights Protection And Growth,
2010
Gettysburg College
An Examination Of Non-Linear Relationships Between Intellectual Property Rights Protection And Growth, Brian R. Lemak
Gettysburg Economic Review
This paper examines the possibility of a non-linear relationship existing between intellectual property rights protection (IPR) and gross domestic product (GDP) growth rates. A theoretical justification is developed for the potential existence of a non-linear relationship in terms of a quadratic relationship. This is then examined using panel data from 191 countries and taken in 5 year intervals, although the data had many missing observations. Results indicate there is statistically significant evidence that a quadratic relationship exists between IPR and GDP growth, however there are reservations about this evidence due to a dearth of observations in countries with very weak …
International Graduate Students And U.S. Innovation,
2010
Gettysburg College
International Graduate Students And U.S. Innovation, Svetoslav I. Semov
Gettysburg Economic Review
This paper attempts to empirically evaluate the contribution of international graduate students to U.S. innovation. The main framework used is a simplified version of the ―national ideas production function‖. Two econometric specification are estimated – one in which a time trend is incorporated to observe the short-term relationship between the variables and one in which no time trend is included with the goal of capturing the variables‘ long term equilibrium relationship. The results suggest that in the long-term the number of international graduate students significantly (at the 10% level) affects innovative activity. However, when the short-term relationship of the variables …
The Welfare Costs Of Market Restrictions,
2010
Middlebury College
The Welfare Costs Of Market Restrictions, David Colander, Sieuwerd Gaastra, Casey Rothschild
Economics Faculty Scholarship
In most introductory and intermediate microeconomics textbooks, the measurable welfare effects of price controls, quantitative restrictions, and market restrictions more generally, are depicted as a Harberger triangle. This depiction understates these restrictions’ inefficiency costs because it captures only the ‘‘top-down’’ distortion caused by the wedge these restrictions drive between market-wide quantity demanded and quantity supplied. It ignores the ‘‘bottom-up’’ distortions caused by allocative inefficiencies on the constrained side of the market. In this article we describe a simple graphical exposition of these bottom-up distortions. We argue that this graph can provide students with a picture of both the top-down and …
Household Living Arrangements And Economic Resources Among Mexican Immigrant Families With Children,
2010
The Pennsylvania State University
Household Living Arrangements And Economic Resources Among Mexican Immigrant Families With Children, Mark A. Leach
University of Kentucky Center for Poverty Research Discussion Paper Series
Using data from the 2000 Census, this study examines the relationship between household living arrangements and economic resources among Mexican immigrant families with children. I model separately the relationships between family income and household structure and proportion of total household income contributed and household structure. The results show that families that coreside with extended kin and non-kin have higher incomes, all else equal, relative to those that reside in single-family households. In addition, Mexican immigrant families that reside in extendedhousehold living arrangements contribute about three quarters of total household income. While families may gain some economic efficiency through extended household …
Contribution Of Tertiary Education To Human Capital Development, Labour Market And Skills In The State Of Victoria, Australia,
2010
Technological University Dublin
Contribution Of Tertiary Education To Human Capital Development, Labour Market And Skills In The State Of Victoria, Australia, Ellen Hazelkorn
Articles
This chapter examines how effectively TAFE Institutes and universities in the State of Victoria contribute to meeting the social and economic needs of the population in terms of opportunities to study and relevance of the qualifications offered. It identifies some key achievements and areas for improvement. The chapter closes with a series of recommendations that include the need for a greater system approach to tertiary education in order to support sustainable regional development and the role that the State of Victoria can play in this strategy.
Can Fighting Grade Inflation Help The Bottom Line?,
2010
Utah State University
Can Fighting Grade Inflation Help The Bottom Line?, Arthur J. Caplan, John Gilbert
Applied Economics Faculty Publications
This article uses a rich set of student transcript data to estimate the economic cost incurred by a university when it does not adopt a ‘mean-shift grading policy’ to fight grade inflation. We show that even in the face of moral hazard constraints a university can enhance its profitability by fighting grade inflation with a distribution-shifting policy.
Gis-Based Estimation Of Marginal Implicit Prices Of Housing Amenities: The Case Of High Ground And Stagnant Streams,
2010
Utah State University
Gis-Based Estimation Of Marginal Implicit Prices Of Housing Amenities: The Case Of High Ground And Stagnant Streams, Arthur J. Caplan
Applied Economics Faculty Publications
We use GIS and econometric methods to estimate the marginal implicit values of environmental amenities associated with residential land parcels in the mountain town of Logan, Utah. Amenities include proximity to open spaces (such as parks, golf courses and lakes), commercial zones, major roads, streams, and general visibility of surrounding topography in the valley as determined by the elevation of the land parcel. The amenity value estimates are corrected for spatial autocorrelation. We find spatially dependent relationships between (1) a parcel’s value and its elevation, and (2) a parcel’s value and its adjacency to a stagnant stream. To our knowledge, …
Endogenous Oca (Optimum Currency Area) Analysis And The Early Euro Experience,
2010
Claremont Graduate University
Endogenous Oca (Optimum Currency Area) Analysis And The Early Euro Experience, Thomas D. Willett, Orawan Permpoon, Clas Wihlborg
Business Faculty Articles and Research
Some have argued that the endogenous responses to the formation of a currency area are so strong that one need not worry about optimum currency area conditions ex ante. We argue that this is much too strong a conclusion. We draw on a number of recent studies to evaluate the endogeneity experiences of the eurozone in three major areas; trade flows, business cycle synchronisation and structural reforms to improve labour and product market flexibility. Simple before-and-after comparisons are insufficient for analysis of endogeneity. The experiences of non-euro Western European economies suggest that broader trends also had considerable influence on trade …
Rhode Island Current Conditions Index — January 2010,
2010
University of Rhode Island
Rhode Island Current Conditions Index — January 2010, Leonard Lardaro
The Rhode Island Current Conditions Index
No abstract provided.
Cultural Diversity, Immigration And International Trade: An Empirical Examination Of The Relationship In Nine Oecd Countries,
2010
Whittier College
Cultural Diversity, Immigration And International Trade: An Empirical Examination Of The Relationship In Nine Oecd Countries, Roger White, Bedassa Tadesse
Economics
Employing a variant of the standard gravity equation and data from nine OECD immigrant host countries and 67 trading partners for the years 1996-2001, we examine the immigrant-trade relationship. Particular emphasis is placed on the potential influences of host country cultural diversity and host-home cultural distance. Data from the World Values Surveys and the European Values Surveys are used to calculate the cultural distances between immigrants’ host and home countries. Cultural distance is taken to be a proxy measure for the extent to which immigrants’ host countries are culturally divergent from their home countries. To estimate the cultural diversity of …
