Contemporary Economic Policy articles from April 2005

Contemporary Economic Policy archives from April 2005

Local perception of public goods: recent assessments of willingness-to-pay for endangered species.
April 1, 2005... I. INTRODUCTION Biological diversity has become a controversial issue in Orange County, California. Recent Endangered Species Act (ESA) critical habitat designations covering some 85,000 acres in the county have been subject to several...

Do regulators respond to voluntary pollution control efforts? A count data analysis.
April 1, 2005... I. INTRODUCTION It is well understood that, at least in the United States, inspections conducted by regulators to ascertain the compliance status of firms are quite infrequent (Cohen, 1998; Russell, 1990b). Nonetheless, many studies show...

New evidence on youth smoking behavior based on experimental price increases.
April 1, 2005... I. INTRODUCTION Despite the recent declines in smoking among high school students detected by the Monitoring the Future (MTF) surveys, the 30-day prevalence rate in 2002 remains high: 10.7% for 8th-graders, 17.7% for 10th-graders, and...

Settling the smoke: public policy and shareholder wealth in the cigarette industry.
April 1, 2005... I. INTRODUCTION Although tobacco smoking was touted in earlier years as an aid for a variety of ailments, in light of the medical evidence on the detrimental health effects of smoking, the federal government took steps throughout the 1960s...

Housework and the wages of young, middle-aged, and older workers.
April 1, 2005... I. INTRODUCTION If childcare and other housework demand relatively large quantities of "energy" as compared to leisure and other non-market uses of time by men, women with responsibilities for housework would have less energy ...

The shrinking earnings premium for university graduates in Hong Kong: the effect of quantity or quality?
April 1, 2005... I. INTRODUCTION In 1989, the Hong Kong government embarked on a program that would increase the provision of first-year first-degree places from about 7% of the relevant age cohort to 18%. In the 1988-89 academic year, there were 19,496...

The impact of enterprise zones on job creation in Mississippi.
April 1, 2005... I. INTRODUCTION Rural poverty has long been a problem in the Southern United States. A key feature of this problem is, of course, labor unemployment. A relatively new policy instrument used to attack this problem and promote regional...

Impact of China's WTO accession on East Asia.(World Trade Organization)
April 1, 2005... I. INTRODUCTION China's WTO accession will have major implications for China and present both opportunities and challenges for the East Asian economies. A number of factors highlight the importance of China's deeper integration into the...

The political economy of trade preferences.
April 1, 2005... I. INTRODUCTION During the past decade, several new models of the political economy of trade policy emerged. Most notable among these is the Grossman and Helpman (1994) "protection for sale" model. This model views trade policy as the...

Frontier expansion and economic development.
April 1, 2005... I. INTRODUCTION Finding new frontiers or reserves of natural resources to exploit has been the basis of much of global economic development for the past 500 years (Cipolla, 1976; di Tella, 1982; North and Thomas, 1973; Toynbee, 1978; Webb,...

European integration and production in the French economy.
April 1, 2005... I. INTRODUCTION By some criteria, the French economy in recent years has been doing well with growth of real gross domestic product (GDP) of more than 2% per annum and increasing tax revenues. However, while many other Western European...