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Articles 1 - 14 of 14

Full-Text Articles in Social and Behavioral Sciences

Econometric Analysis Of Measurement Error In Panel Data , Elizabeth Martha Paterno Jan 1997

Econometric Analysis Of Measurement Error In Panel Data , Elizabeth Martha Paterno

Retrospective Theses and Dissertations

Panel data consist of measurements taken from several individuals over time. Correlation among measurements taken from the same individual are often accounted for using random effect and random coefficient models. Panel data analysis that accounts for measurement error in the explanatory variables has not been thoroughly studied. This dissertation investigates statistical issues associated with two types of measurement error models for panel data;The first paper considers identification and estimation of a random effect model when some explanatory variables are measured with error. Here, individual heterogeneity is assumed to be manifested in intercepts that randomly differ across individuals. Identification of ...


External Shocks And The Real Exchange Rate: A Simulation Model For Egypt , Khalifa Hassanain Jan 1997

External Shocks And The Real Exchange Rate: A Simulation Model For Egypt , Khalifa Hassanain

Retrospective Theses and Dissertations

In March 1990, the Government of Egypt (GOE) launched a comprehensive economic and social reform program (ERSAP) to strengthen Egypt's ongoing adjustment program. The reform program constituted a major break from the policies pursued in the past, and had the underlying objective of modernizing the country and improving living standards. While the program has scored many successes, many observers of the Egyptian economy believe that the real exchange rate (RE) is currently out of equilibrium;The RE prevailing in a country at any point in time is determined by two main factors: structural (e.g., external capital flows, changes ...


A Spatial Econometric Model For Transboundary Air Pollution Control Treaties: An Analysis Of Noncooperative International Behavior , Keith Allen Sargent Jan 1997

A Spatial Econometric Model For Transboundary Air Pollution Control Treaties: An Analysis Of Noncooperative International Behavior , Keith Allen Sargent

Retrospective Theses and Dissertations

This dissertation develops a theoretical model that explains differences in emission reductions of transboundary air pollutants among nations based on national income, political freedom, the cost of emission reductions, emissions from other countries, the type of pollutant, and the pollutant's dispersion characteristics. The model is based on the theory of the private provision of impure public goods. This theoretical model is then used to derive a reduced form demand equation for emission reductions that can be econometrically estimated using spatial autoregressive techniques for time-series cross-section data;The econometric model is applied to 25 European nations and covers the period ...


Aggregation Over Commodities: An Application Of The Generalized Composite Commodity Theory In A Us Food Demand System Analysis, Yanrong Wang Jan 1997

Aggregation Over Commodities: An Application Of The Generalized Composite Commodity Theory In A Us Food Demand System Analysis, Yanrong Wang

Retrospective Theses and Dissertations

No abstract provided.


Economic And Financial Analysis Of Large Scale Closed Cooperative Swine Production Under Uncertainty In Iowa, Michael Charles Poray Jan 1997

Economic And Financial Analysis Of Large Scale Closed Cooperative Swine Production Under Uncertainty In Iowa, Michael Charles Poray

Retrospective Theses and Dissertations

This research evaluates the opportunities for small grain farmers in Iowa to organize a joint large scale swine production operation. Different business organizational structures' legal and tax implications are examined for a joint large scale production operation. Based on the suitability from reviewing current the legal and tax regulations, the closed (defined membership) cooperative was selected as the organizational business structure for the proposed group of small grain farmers. The returns from establishing closed cooperatives owned by grain producers to produce hogs in Iowa are evaluate. Using a computer simulated production model incorporating both biological and price factors, the uncertainty ...


Individual And Aggregate Demand For Higher Education: The Role Of Strategic Scholarships , Darin Ray Wohlgemuth Jan 1997

Individual And Aggregate Demand For Higher Education: The Role Of Strategic Scholarships , Darin Ray Wohlgemuth

Retrospective Theses and Dissertations

Undergraduate enrollment increased over 50 percent nationally from 1973 to 1994. The proportion of high school graduates enrolling in college increased from 46.6 to 61.9 percent. These increases occurred despite increases in real tuition prices since 1985, constant (nominal) levels of federal Pell grants per recipient, and declining numbers of high school graduates. This dissertation examines the admitted applicant's decision to enroll and aggregate (state/county) enrollment at a large public institution;The aggregate enrollment model investigates the extent to which national trends in enrollment can be captured within the context of a model of enrollment demand ...


The Measurement Of Market Power: Short-Run, Long-Run, And Dynamic Adjustment Models , Moon Mo Goo Jan 1997

The Measurement Of Market Power: Short-Run, Long-Run, And Dynamic Adjustment Models , Moon Mo Goo

Retrospective Theses and Dissertations

This study presents an industry analysis of market structure and demonstrates the use of theory-consistent models following the NEIO tradition. The objective of this dissertation is to measure the degree of market power within the context of each of three models: short-run, and long-run equilibrium models, and a dynamic cost of adjustment model with strategic capital investment; and to see how inferences of market power differ across the three cases. The models' differences in this dissertation center on the role of investment in capital. Specification tests are conducted between the short-run versus the long-run, and the short-run versus the dynamic ...


Statistical Analysis Of Foreign Exchange Rates: Application Of Cointegration Model And Regime-Switching Stochastic Volatility Model , Koji Kondo Jan 1997

Statistical Analysis Of Foreign Exchange Rates: Application Of Cointegration Model And Regime-Switching Stochastic Volatility Model , Koji Kondo

Retrospective Theses and Dissertations

The dissertation discusses an application of two statistical models to foreign exchange rate data and consists of two main parts. The first part is an application of the partial cointegration model developed by Johansen (1990) and uses the concept of weak exogeneity. While a direct application of the cointegration approach with many variables is not easy to handle, the partial model can reduce the number of the parameters to be estimated by identifying weakly exogenous variables. The method is illustrated utilizing a theoretical long-run model based on Dornbusch's sticky price model. The small country assumption is relaxed to that ...


The Effect Of Three Factors On Social Security Old-Age And Survivors Insurance (Oasi) Benefits: Earnings, Mortality, And The Consumer Price Index, Hung-Tai Lin Jan 1997

The Effect Of Three Factors On Social Security Old-Age And Survivors Insurance (Oasi) Benefits: Earnings, Mortality, And The Consumer Price Index, Hung-Tai Lin

Retrospective Theses and Dissertations

Earnings are found to be higher for Whites relative to Nonwhites, for males relative to females. OASDI, with its formula based on earnings history, tends to compound the benefit differences, although the structure does provide proportionately larger returns for those at lower earnings levels. But the disparity between the Social Security benefits of Whites and Blacks, and between males and females, remains large. In addition, mortality rates were found to be higher for Nonwhites relative to Whites, for males relative to females, and for the less educated relative to the more educated. Some of researchers pointed out that differential mortality ...


Credibility Of Economic Reform And Foreign Direct Investment In The Former Soviet Union Region , Yuri Y. Yermakov Jan 1997

Credibility Of Economic Reform And Foreign Direct Investment In The Former Soviet Union Region , Yuri Y. Yermakov

Retrospective Theses and Dissertations

Economic transition from socialist to market-based economy has been the subject of intense economic research in the last two decades. However, there are very few publications that address the transitional issues from the traditional microeconomics theory prospective. This dissertation focuses on several transitional issues. The first topic is: what is the economic nature and major characteristics of economic reform? Secondly, the dissertation focuses on the relationship between the government and private sector in the reform environment. In the end, the focus of the dissertation shifts to the question of economic reform credibility and of finding the most efficient ways to ...


Social Security Trust Fund (Sstf), The Government Fiscal Use Of The Sstf, And Intergenerational Equity , Jae Kyeong Kim Jan 1997

Social Security Trust Fund (Sstf), The Government Fiscal Use Of The Sstf, And Intergenerational Equity , Jae Kyeong Kim

Retrospective Theses and Dissertations

In this dissertation we pay particular attention to changing share of unfunded and fully funded SS systems and to the alternative government fiscal policies regarding the use of the social security trust fund (SSTF) in order to investigate the resulting economic and intergenerational equity consequences. To carry out this investigation, we develop a computational two periods lived overlapping generations model with production in which a wide range of possible SS arrangements and possible government fiscal uses of the SSTF are incorporated in parameterized form. The parameterization of the SS system permits the comparative dynamic study of a family of SS ...


Generalized Corner Solution Models In Recreation Demand , Daniel James Phaneuf Jan 1997

Generalized Corner Solution Models In Recreation Demand , Daniel James Phaneuf

Retrospective Theses and Dissertations

When examining consumer behavior using household level data, it is typical in many applications to find that consumers consume only a subset of the available goods, setting their demand to zero for the remaining goods. Examples of this include labor supply and food demand, as well as the demand for Leisure Studies; In multiple site recreation demand data sets, one usually observes that individuals visit only a subset of the available recreation sites, yet visit these sites multiple times during a season. Theoretically, these corner solutions are effectively modeled using non-negativity constraints in the utility maximization problem. Empirically estimating such ...


Corn And Soybean Basis Behavior And Forecasting: Fundamental And Alternative Approaches , Bingrong Jiang Jan 1997

Corn And Soybean Basis Behavior And Forecasting: Fundamental And Alternative Approaches , Bingrong Jiang

Retrospective Theses and Dissertations

A model is developed to analyze the nearby basis behavior of corn and soybeans in several markets across the U.S. Results suggest that basis behavior has a seasonal pattern, and that different variables affect nearby corn and soybean basis at various periods. The most important factors affecting basis are storage cost (opportunity cost), transportation cost (barge rates), and supply (regional production relative to regional storage capacity). Nine conventional (naive three-year-average forecasts, econometric, ARIMA and composite forecast models) and less conventional forecasting techniques (State Space and Neural Networks models) are utilized to forecast out-of-sample basis for one-month up to 12-month ...


Hog Industry And Hog Production Related Water Pollution Problem In Taiwan: An Application To Valuing The Willingness To Pay For Improving Water Quality, Kuo-Chang Ro Jan 1997

Hog Industry And Hog Production Related Water Pollution Problem In Taiwan: An Application To Valuing The Willingness To Pay For Improving Water Quality, Kuo-Chang Ro

Retrospective Theses and Dissertations

No abstract provided.