Southern Economic Journal articles

Recent articles from Southern Economic Journal

Institutions, economic freedom, and cross-country differences in performance.(2008 Presidential Address)(Column)
April 1, 2009... 1. Introduction I have spent most of my research time during the past two decades working on the Economic Freedom of the World (EFW) project. The purpose of this project was straightforward: the development of a comprehensive measure that would reflect the consistency of the institutions...

Trust in private and common property experiments.
April 1, 2009... I. Introduction Numerous experimental studies involving private property endowments have demonstrated that individuals' decisions, in a variety of situations, reflect complex and diverse motivations beyond simple own-income maximization (see, for example, Ostrom 1998; Camerer 2003;...

Privatization, deregulation, and capital accumulation.
April 1, 2009... 1. Introduction Since the early 1980s, many countries have privatized and deregulated intermediate goods industries, such as gas, electricity, or telecommunications, that had traditionally been run by public monopolies. The European Union (EU), for example, has adopted aggressive...

Youth gangs as pseudo-governments: implications for violent crime.
April 1, 2009... 1. Introduction In the early 1970s, fewer than 300 cities cited having problems with youth gangs. (1) Since then, gangs have been identified in all 50 states, with over 2500 cities reporting problems by the late 1990s. (2) Anecdotal evidence, along with casual empiricism, has led many...

The effects of exchange-rate volatility on commodity trade between the United States and Mexico.(Statistical table)
April 1, 2009... 1. Introduction With the breakdown of the Bretton Woods system in 1973, real exchange rates began to fluctuate greatly. As volatility increased, exporters and importers could no longer be as certain of the real prices of their goods. This increased risk would affect their expected...