Contemporary Economic Policy articles from July 2003

Contemporary Economic Policy archives from July 2003

Environmental abatement costs and establishment size.
July 1, 2003... I. INTRODUCTION A vast body of literature has emerged examining the impact of environmental regulation on such outcomes as productivity, firm location, trade patterns, and foreign direct investment (for recent examples, see Levinson, 2001;...

Age discrimination legislation in the United States.
July 1, 2003... I. INTRODUCTION Legislation prohibiting age discrimination in the United States dates back to the decade of the 1960s, when along with the Equal Pay Act and the Civil Rights Act barring discrimination against women and minorities, Congress...

Age discrimination in employment in Canada.
July 1, 2003... I. INTRODUCTION As is the case in a number of developed countries, issues of age discrimination are of increasing policy interest in Canada. The reasons pertain to demographics and the aging population, pension viability, impending labor...

The Italian automotive industry and economies of scale.
July 1, 2003... I. INTRODUCTION As the economic integration of Europe continues, it is likely that increasing international competitive pressures will be felt by firms in European industries. It follows that the extent of economies of scale remaining to...

Advertising and restrictions in the cigarette industry: evidence of state-by-state variation.
July 1, 2003... I. INTRODUCTION Understanding the role of advertising in the cigarette industry has attracted a great deal of attention among academics, policy makers, and the public at large. Indeed, the belief that advertising promotes smoking is the...

The impact of nonrevenue maximizing factors on state-level cigarette tax rates.
July 1, 2003... I. INTRODUCTION Conventional theory suggests that many factors influence policy makers when they set out to determine the level of commodity taxes. One factor is the impact these taxes will have on demand behavior. Another factor is the...

Poverty and the macroeconomy: estimates from U.S. regional data.
July 1, 2003... I. INTRODUCTION By now it is clear that economic growth alone has not been sufficient to eliminate poverty in the United States. The official poverty rate in the United States reached its all-time low of 11.1% in 1973, when gross domestic...

An analysis of poverty in the American South: how are metropolitan areas different from nonmetropolitan areas?
July 1, 2003... I. INTRODUCTION Ever since President Lyndon Johnson's declaration of war on poverty in 1964, and perhaps as early as the publication in 1962 of Michael Harrington's influential book The Other America: Poverty in the United States,...

The effects of public capital on the growth in Spanish productivity.
July 1, 2003... I. INTRODUCTION Productivity growth has slowed down during the last two decades in most Organisation for Economic Co-operation and Development (OECD) countries. This fact has been accompanied by a decline in public capital spending as a...

Do business cycles alter the composition of research and development expenditures?
July 1, 2003... I. INTRODUCTION This article examines one channel linking business cycles and growth: the composition of firm-financed research and development (R&D) expenditures. The data suggest that expenditures on basic scientific research rise during...