Contemporary Economic Policy articles from April 2001

Contemporary Economic Policy archives from April 2001

WATER BANKING AND RESTORATION OF ENDANGERED SPECIES HABITAT: AN APPLICATION TO THE SNAKE RIVER.
April 1, 2001... JOHN P. O'CONNOR [*] Most river basins have experienced development of water projects to promote flood control, recreation, and hydropower and agricultural production. Though the projects helped establish stable economies, there have been...

THE EFFICIENCY OF SEQUESTERING CARBON IN AGRICULTURAL SOILS.
April 1, 2001... CATHERINE L. KLING [*] Agricultural tillage practices are important human-induced activities that can alter carbon emissions from agricultural soils and have the potential to contribute significantly to reductions in greenhouse gas...

THE IMPACT OF PRICES AND CONTROL POLICIES ON CIGARETTE SMOKING AMONG COLLEGE STUDENTS.
April 1, 2001... HENRY WEOHSLER [*] Smoking among youths and young adults rose throughout the 1990s. Numerous policies were enacted to try to reverse this trend. However, little is known about the impact these policies have on the smoking behavior of young...

STATE DRUG CONTROL SPENDING AND ILLICIT DRUG PARTICIPATION.
April 1, 2001... DHAVAL DAVE [*] The purpose of this article is to estimate the effect of state criminal justice expenditures and state public health expenditures on deterring illicit drug use. The empirics are based on a demand-and-supply model of drug...

A SIBLINGS ANALYSIS OF THE EFFECTS OF ALCOHOL CONSUMPTION ONSET ON EDUCATIONAL ATTAINMENT.
April 1, 2001... DAVID C. RIBAR [*] This article examines the relationship between youthful drinking and educational attainment using data on same-sex siblings pairs from the 1979-90 panels of the National Longitudinal Survey of Youth. We consider...

DOES FOREIGN DIRECT INVESTMENT PROMOTE ECONOMIC GROWTH? EVIDENCE FROM EAST ASIA AND LATIN AMERICA.
April 1, 2001... KEVIN HONGLIN ZHANG [*] Although there is considerable evidence on the link between foreign direct investment (ED!) and economic growth in developing countries, causal patterns of the two variables has not been investigated yet with a...

QUALITY-ASSURING PRICE AND BREACH OF EXPRESS OR IMPLIED WARRANTY.
April 1, 2001... DONALD VANDEGRIFT [*] If consumers cannot discern quality prior to purchase, firms may use both court enforcement and the market mechanism to assure quality. But the level of warranty protection that firms choose to offer depends on the...

VALUING MANGROVE CONSERVATION IN SOUTHERN THAILAND.
April 1, 2001... EDWARD B. BARBIER [*] Mangroves are ecologically important coastal wetland systems that are under severe threat globally. In Thailand, the main cause of mangrove conversion is shrimp farming, which is a major source of export income for...

DETERMINATION OF PARTICIPATION DECISION, HIRING DECISION, AND WAGES IN A DOUBLE SELECTION FRAMEWORK: MALE-FEMALE WAGE DIFFERENTIALS IN THE U.S. LABOR MARKET REVISITED.
April 1, 2001... MADHU S. MOHANTY [*] The magnitude of the male-female wage differential is known to be highly sensitive to the specification of the wage equations used. An important source of misspecification is the failure to correct the sample selection...

LABOR DEMAND AND THE WAGE GAP IN THE WEST BANK AND GAZA STRIP.
April 1, 2001... EDWARD A. SAYRE [*] The returns to schooling for Palestinian men in the West Bank and Gaza Strip declined sharply from 1981 to 1987 but recovered slightly from 1987 to 1991. This article examines the degree to which these returns were...