International Advances in Economic Research articles from February 2004

International Advances in Economic Research archives from February 2004

Cost structure, technological change, and productivity growth in the Greek banking sector.
February 1, 2004... Abstract This paper first empirically investigates the cost structure of the Greek banking sector. Secondly, it provides measures of economies (diseconomies) of scale and quantifies technical change and its sources. Finally, this paper...

Determinants of the rate of return on S&L assets: 1970-97.
February 1, 2004... Abstract This study identifies determinants of the rate of return on U.S. Saving and Loan (S&L) assets during the 1970-97 period. The Instrumental Variables (IV) estimation reveals that this rate of return is an increasing function of the...

Ownership structure, corporate governance, and enterprise performance: empirical results for Ukraine.(statistical data included)
February 1, 2004... Abstract This paper examines the effect of ownership structure on corporate governance and performance of privatized enterprises in transition. The data are taken from a survey conducted in 2001 on 202 medium and large firms in Ukraine for...

Minority banks and minority communities: are minority banks good neighbors?(statistical data included)(Industry Overview)
February 1, 2004... Abstract The lagging development of many minority communities has had an adverse effect on economic growth in the United States. One factor historically associated with creating or exacerbating this minority problem is the unwillingness of...

Credit market discipline: theory and evidence.
February 1, 2004... Abstract Popular in the academic literature and financial press, the credit market discipline hypothesis holds that credit markets, through risk premia increasing in debt level, constrain governments from borrowing and thus, impose fiscal...

International monetary policy coordination under asymmetric shocks.
February 1, 2004... Abstract This paper analyzes whether international monetary policy coordination is the best response to economic interdependence. The paper develops a macroeconomic model in which countries show different preferences regarding objectives...

Forecasting exchange rates--the case of the Turkish lira.(Research Notes)(Brief Article)
February 1, 2004... Since 1983, Turkey has grown impressively averaging a 5 percent annual real growth of GDP. However, along with growth has come inflation at the average rate of 70 percent per annum as the Turkish lira has fallen by an average of 63 percent per...

The potential for exploitation by sports franchises.(Research Notes)(Brief Article)
February 1, 2004... Teams exploit their monopoly power by forcing cities to buy more games than would be dictated by the conventional monopoly model. Leeds and von Allmen [The Economics of Sports (2002), p. 164] note: "Since the city cannot choose to host a...

Corruption vs. development.(Research Notes)(Brief Article)
February 1, 2004... Third-world countries unable to develop, and former second-world countries bogged in transition, are areas accustomed to corruption and red tape. Elites in centrally governed, nonegalitarian societies use public ownership and levies to transfer...

Is Foreign investment beneficial to Mexico? An empirical analysis.(Research Notes)(Brief Article)
February 1, 2004... This paper analyzes the impact of FDI flows in Mexico. Several major findings are presented. Descriptive evidence suggests that gross FDI flows to Mexico have been substantial during the second half of the 1980s and the 1990s. A large...

Endowment Fund sponsors.
February 1, 2004... BENEFACTOR C. Alexander Garvin John W. Kendrick William A. Niskanen SUPPORTING Elizabeth C. Bogan Gordon Tullock Robert L. Wood, Jr. ENTREPRENEUR Joseph P. Hughes SUSTAINING Nicholas Apergis...

Friends of the society.
February 1, 2004... BENEFACTOR Augustine C. Arize Gary E. Clayton C. Alexander Garvin SUPPORTING Elizabeth C. Bogan Joseph P. Hughes ENTREPRENEUR Hossein S. Kazemi Ronald Straight George A. Vamvoukas SUSTAINING...