International Advances in Economic Research articles from May 2004

International Advances in Economic Research archives from May 2004

Letter of apology.
May 1, 2004... Dear Professors Kemme and Teng: We, Drs. Jordi Sarda Pons and Maria Jose Perez Lacasta, wish to deeply apologize for unwittingly plagiarizing parts of your work. In the February 2003 issue of International Advances in Economic Research, we...

Modeling the European cycle with factor structure and regime switching.
May 1, 2004... Abstract This paper compares the stylized facts of the European growth cycle stemming from the Gross Domestic Product (GDP) of the European Monetary Union with an unobserved common factor derived from a dynamic factor model with regime...

Relative labor demand in an open economy.
May 1, 2004... Abstract This paper contributes to the discussion concerning the nature of the well-documented worsening of wage and employment inequality in western economies during the past three decades. It critically discusses the use of the...

Endogenous employment rate in the efficiency wage shirking approach.
May 1, 2004... Abstract The aim of New Keynesian theorists is to obtain Keynesian results on the basis of maximizing behavior. Accordingly, the New Keynesian shirking models depict a world of fully rational maximizing agents where equilibrium...

Gains and losses from transfers of solid waste.
May 1, 2004... Abstract Municipal solid waste is often transferred to landfills in other regions or states. While municipalities frequently resist imports, the interpretations of the Interstate Commerce Clause require that landfills accept waste...

Testing sensitivity of student enrollment with respect to tuition at an institution of higher education.
May 1, 2004... Abstract This study was conducted to measure the impact of H-University's (HU's) tuition increases on enrollment. Based on an internal survey, this study attempts to explain the sensitivity of student enrollment to tuition variations. In...

Product differentiation and dynamic price behavior in fish markets.
May 1, 2004... Abstract The objective of this paper is to estimate the dynamics of aquaculture and fish prices as a response to price shocks. The vector autoregression approach will be used to explain the dynamics of the sea bream market in both cultured...

EU internal market: political economy assessment of the Single Market.(Research Notes)(Brief Article)
May 1, 2004... The Single Market (SM) was a program to complete the internal market. What was new and significant in the SM? Emphasis is given to the removal of non-tariff barriers such as border controls, where most progress has been made, and in different...

Retained earnings, leverage, and business investment.(Research Notes)(Brief Article)
May 1, 2004... The objective of this study was to examine the role of liquidity variables, as measured by retained earnings (liquidity flow) and debt-equity ratio (liquidity stock), in explaining firm investment. For this purpose, a single-equation model...

Economics of reliable energy supplies.(Research Notes)(Brief Article)
May 1, 2004... This paper addresses the domestic demand-supply imbalance of energy resources. Agreement on the need for alternative domestic fuels in most studies adresses GDP growth rate and dominance of the energy sector in this C+I+G+(X-M) and C+S+T...

What is missing in privatizing the health care sector in the Czech Republic?(Research Notes)(Brief Article)
May 1, 2004... The market system, introduced to the Czech Republic after 1989, opened the floodgate for private initiative in every sector of the economy, including health care. It is an unfortunate outcome that managers and staff of public hospitals have...

Innovation and corporate restructuring in the semiconductor and automotive industries.(Research Notes)(Brief Article)
May 1, 2004... This paper finds that patenting in the U.S. semiconductor and automotive industries responds differently following joint ventures or mergers and acquisitions. Using USPTO data for 17 automotive and semiconductor firms, the paper looks at the...

A historical perspective: deterioration of markets in third world countries.(Research Notes)(Brief Article)
May 1, 2004... Market deterioration, or the receding of international trading opportunities, was the bone of contention during the Cancun World Trade Organization negotiations in September 2003 and promises to function in the same manner for the ongoing FTAA...

Endowment fund sponsors.(Best Article Award)
May 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.
May 1, 2004... BENEFACTOR Augustine C. Arize Gary E. Clayton C. Alexander Garvin SUPPORTING Elizabeth C. Bogan Joseph P. Hughes Eric J. Solberg ENTREPRENEUR Franz Gehrels Hossein S. Kazemi Ronald Straight...