Economic Inquiry articles from April 2000

Economic Inquiry archives from April 2000

WHICH COUNTRIES PROTECT INTELLECTUAL PROPERTY? THE CASE OF SOFTWARE PIRACY.
April 1, 2000... DAVID G. STEEL [*] Using data on software piracy, we examine how protection of intellectual property varies across countries. Consistent with other studies, we find that intellectual property receives greater protection in developed...

FIRM OUTSOURCING DECISIONS: EVIDENCE FROM U.S. FOREIGN TRADE ZONES.
April 1, 2000... DEBORAH L. SWENSON [*] This article examines the operations of firms located in U. S. foreign trade subzones to study the responsiveness of outsourcing to international cost changes. I find that firms reduce their reliance on foreign...

DOES MULTINATIONAL ACTIVITY DISPLACE TRADE?
April 1, 2000... KIMBERLY A. CLAUSING [*] Using two-panel data sets on the operations of U.S. multinational firms abroad and the operations of foreign multinational firms in the United States, this article examines the empirical relationship between...

A CROSS-COUNTRY PANEL ANALYSIS OF CURRENCY SUBSTITUTION AND TRADE.
April 1, 2000... ERIC PENTECOST [*] Attention that has been directed toward the effect of trade on foreigner's holdings of domestic currency comes exclusively from time-series evidence. Here we extend a model of currency substitution that incorporates a...

PRETRIAL NEGOTIATION, LITIGATION, AND PROCEDURAL RULES.
April 1, 2000... R. PRESTON MCAFEE [*] We model the civil dispute resolution process as a two-stage game with the parties bargaining to reach a settlement in the first stage and then playing a litigation expenditure game at trial in the second stage. We...

DOES A HELPING HAND PUT OTHERS AT RISK?: AFFIRMATIVE ACTION, POLICE DEPARTMENTS, AND CRIME.
April 1, 2000... Will increasing the number of minority and women police officers make law enforcement more effective by drawing on abilities that have gone untapped and creating better contact with communities and victims? Or will standards have to be lowered...

THE ECONOMICS OF ORGANIZED CRIME AND OPTIMAL LAW ENFORCEMENT.
April 1, 2000... NUNO GAROUPA [*] This article extends the optimal law enforcement literature to organized crime. I model the criminal organization as a vertical structure where the principal extracts some rents from the agents through extortion. As long...

PRECAUTION AND LIQUIDITY IN THE DEMAND FOR HOUSING.
April 1, 2000... We exploit cross-sectional mortgage data to investigate the importance of liquidity constraints and a precautionary motive in the demand for housing. Households that are not liquidity constrained consume housing services essentially as the life...

FACTOR DEMANDS, EFFECTIVE DISCOUNT RATES, AND LIQUIDITY CONSTRAINTS IN THE RETAIL TRADE FIRM.
April 1, 2000... EUNKYUNG KWON [*] This is a firm-level empirical study of the impact of credit market frictions on firm factor demands. It extends previous work in two ways: it studies the impact of liquidity constraints on both fixed investment and...

SOME EVIDENCE ON THE CONTINUITY OF THE GROWTH PROCESS AMONG THE G7 COUNTRIES.
April 1, 2000... DAVID H. PAPELL [*] The stability of the growth process, whether growth rates are rising, falling, or constant, is one of the central questions of economic growth theory. We use recently developed techniques for identifying structural...

FINANCIAL DEVELOPMENT, INVESTMENT, AND ECONOMIC GROWTH.
April 1, 2000... ZHENHUI XU [*] In this article, I use a multivari ate vector-autoregressive (VAR) approach to examine the effects of permanent financial development on domestic investment and output in 41 countries between 1960 and 1993. The VAR approach...

TEAM EFFECTS ON COMPENSATION: AN APPLICATION TO SALARY DETERMINATION IN THE NATIONAL HOCKEY LEAGUE.
April 1, 2000... LEO H. KAHANE [*] Studies of salary determination largely model pay as a function of the attributes of the individual and the workplace (i.e., employer size, job characteristics, and so forth). This article empirically investigates an...

THE PUBLISHING PATTERNS OF RECENT ECONOMICS PH.D. RECIPIENTS.
April 1, 2000... VICTOR STANGO [*] We present publication data for recent graduates of 50 economics Ph.D. programs. The data show that publishing output is highly concentrated among graduates of the top programs; the top three programs, for example,...