International Advances in Economic Research articles from August 2000

International Advances in Economic Research archives from August 2000

Regional Economic Development and Environmental Repercussions: An Environmental Input-Output Approach.
August 1, 2000... STRATOS LOIZOU, [*] KONSTANDINOS MATTAS, [*] VANGELIS TZOUVELEKAS, [**] CHRISTOS FOTOPOULOS, [***] KOSTANTINOS GALANOPOULOS [*] This study attempts to examine issues related to the existing adverse relationship between...

Does the Dutch Model Really Exist?(Statistical Data Included)
August 1, 2000... M. PETER VAN DER HOEK [*] The policy that led from the "Dutch disease" (in the 1980s) to the "Dutch miracle" (in the 1990s) consists of three tracks: wage moderation, retrenching public expenditure and reducing the tax burden, and slimming...

Restricted Immigration in a Two-Sector Economy.
August 1, 2000... THOMAS GRANDNER [*] This paper will analyze income redistribution and fiscal effects caused by immigration in a two-sector economy, where one sector is closed and where foreign and domestic labor are homogeneous. The setup of this model is...

The Question of International Competitiveness.
August 1, 2000... COLDWELL DANIEL, III [*] International competitiveness is advanced whenever the economic welfare of a nation is enhanced through an increase in the flow of trade or through an alteration in the conditions of trade starting from a presumed...

Welfare Effects of Exchange Controls: An Application to the Haitian Economy.(Statistical Data Included)
August 1, 2000... KATHLEEN DORSAINVIL [*] This paper estimates monthly welfare losses and the shadow exchange rate that followed a policy of restrictions of access to foreign exchange, in force in the Haitian economy from 1985 to 1991. These losses are...

Kriging Methodology for Regional Economic Analysis: Estimating the Housing Price in Albacete.
August 1, 2000... NOELIA GARCIA RUBIO [*] Because of the socioeconomic importance of the housing subsector in the local, regional, and national economy and its implications for housing policy, this paper attempts to analyze the spatial behavior of the free...

International Capital Flows and Convergence in the Neoclassical Growth Model.
August 1, 2000... MIGUEL-ANGEL GALLNDO [*] To analyze how capital mobility affects economic growth and convergence, this paper will use the analytical solution to the neoclassical growth model with a constant saving rate, beginning with the closed-economy...

The Incentive Effect in Share Contracts: The Case of Finite Resources.
August 1, 2000... GEOFFREY BLACK [*] Using share contracts is a universal response to exchange under uncertainty. However, the benefits of share payments are tempered by their negative moral hazard incentive effects. By incorporating geological...

Income Measurement and Comparisons.
August 1, 2000... JORDI SARDA [*] The purpose of this paper is to provide a way for better measuring a country's global income when official statistics fail to account for the existence of a thriving underground, or black economy. Another purpose of this...

Public Procurement Policy and the Czech Industry.
August 1, 2000... NIKOS VARSAKELIS [*] The aim of this paper is to specify the extent of buy-national policies of the Czech Republic and the impact of opening its public procurement market to domestic production and employment due to the Europe Agreements...

An Investigation into the Effects of Ethnicity and Immigration on Self-Employment.
August 1, 2000... TODD P. STEEN [*] This paper examines self-employment across industries and states in the U. S. It attempts to determine whether self-employment is due more to pull or push factors and whether one or the other model fits some industries...

Information Content of U.S. Treasury Inflation-Indexed Bonds.
August 1, 2000... MALEK LASHGARI [*] U.S. Treasury inflation-indexed bonds are designed to provide a stable real return before taxes. A comparison between these bonds and conventional bonds reveals that the effective real yield of U.S. Treasury...

Malmquist Indices of Productivity Change in Portuguese Banking: The Deregulation Period.
August 1, 2000... VICTOR MENDES [*] This paper will evaluate productivity change in Portuguese banking using the Malmquist productivity index. The results show that between 1990 and 1997, banks in Portugal witnessed increased productivity and strong...

The Impact of Regulatory Measures on Commercial Bank Interest Rates: A Micro Analysis of the Barbados Case.
August 1, 2000... WENDELL MCCLEAN [*] This study estimates the impact on commercial banks' interest-rate behavior of the more pervasive regulatory measures adopted by the Central Bank of Barbados. The results indicate that the cash ratio, the stipulated...

Regional Tests of Okun's Law.
August 1, 2000... DONALD G. FREEMAN [*] "Okun's law" describes an enduring empirical observation first made by Arthur Okun, relating departures from the natural rate of unemployment to changes in real output. This paper employs a recent development in...

Foreign Aid as a Discipline on Illegal Immigration.
August 1, 2000... TIKVA LECKER [*] This paper deals with a sanctions policy toward reducing illegal immigration. Using a single-period game, it shows that by imposing a penalty on each apprehended illegal alien, the host country will increase the motivation...

On Tariffs and Smuggling.(Brief Article)
August 1, 2000... YEONG-HER YEH [*] The purpose of this paper is to show that if a country wants to eliminate smuggling, it may have to increase rather than decrease the tariff. This paradoxical case could take place if the country in question is large and...

Information Technology in Business Process Reengineering.
August 1, 2000... MARTA FOSSAS OLALLA [*] Today's environment is characterized by increasing levels of competition. Enterprises wanting to increase their market share or obtain profits must adapt to changes in the environment. Consequently, many changes in...

Race, Ethnicity, and Gender in Principles of Economics Textbooks.(Brief Article)(Statistical Data Included)
August 1, 2000... This study assesses the examples of race, ethnicity, and gender (REG) in 12 current principles of economics textbooks. Including REG affirms the importance of women and minorities in the economy. However, concentrating REG toward the end of the...

Some Critique to Statistical Measures of Spatial Concentration and Convergence.(Brief Article)
August 1, 2000... One of the most remarkable evidences in empirical economics is that production and consumption are unevenly distributed over space. This fact is often the outcome of polarization phenomena around some particular place. The studies on spatial...

Group Composition in a Public Goods Experiment.
August 1, 2000... This paper examines the role of group values in a public goods experiment. We study the relationship between subjects' scores on a survey of individualism and collectivism and their behavior in a voluntary contributions mechanism (VCM) version...

Emerging Markets' Financial Crisis and Their Contagion Effect.
August 1, 2000... In this paper, we study the contagion of stock market crisis around the world by examining daily and weekly returns and weekly volatility of 14 major market indexes. We construct a vector autoregression of major stock market indexes' returns...

Using Discriminant Analysis to Predict Financial Distress.
August 1, 2000... This study uses discriminant analysis and regression to determine which macroeconomic variables are predictive of financial crisis in emerging countries. Emerging countries were divided into two groups. The first group of crisis countries had...

The Performance of a Survival-Based Model of Business Investment.
August 1, 2000... Empirical interpretations of the neoclassical theory have failed to provide any consistent existence of business investment behavior, suggesting that another approach be considered. Utilizing a model in which the objective of the firm is to...

Use of the New Education Tax Credits by Selected Income Filers.
August 1, 2000... The Tax Relief Act of 1997 included important educational tax benefits: the Hope credit and the lifetime learning credit. The purpose of this study was to determine the usage of these new benefits by a selected group of taxpayers, low-to-medium...

Just Price in Medieval Europe: Underlying Economic Factors.
August 1, 2000... Exchange prices in medieval Europe were to be just, as determined by the church, and violators could be prosecuted in church as well as civil courts. The definitive discussion of just price is found in Saint Thomas Aquinas' Summa Theologiae....

Social Welfare Effects of Structural Adjustment in Trinidad and Tobago.
August 1, 2000... This paper examines the social welfare effects of economic restructuring in Trinidad and Tobago. The country experienced a decade of prosperity from the oil boom of the 1970s. With the drop in oil prices in 1982, the economy declined in...

Development of the Regulation Mechanism Influencing a Firm's Operating and Expansion Decisions.
August 1, 2000... This paper presents and analyzes the main results of the special interview survey of Estonian manufacturing firms undertaken in 1998. The main objectives of the paper were: 1) to describe the main characteristics of the initial and latest...

Environmental Taxation in an Optimal Tax Framework with Multiattribute Analysis.
August 1, 2000... This paper investigates the portfolio problem of environmental taxation. That is, the policy maker must compromise to accommodate different goals and trade-offs of competing policy objectives. To develop this argument, an extended and...