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Essays On Industrial Organization And Environmental Economics, Gibson Nene 2010 University of Nebraska - Lincoln

Essays On Industrial Organization And Environmental Economics, Gibson Nene

Dissertations and Theses in Agricultural Economics

This dissertation studies environmental regulation issues in the hog production industry as well as forces behind the reorganization of the industry during the past two decades. Federal and State-level environmental regulations imposed on U.S. hog production during the year 2003 are examined in Chapter 1. Based on the number of regulations passed by the Federal government and states, the 2003 regulatory index is constructed. The regulatory stringency index suggests that state-level regulations vary across states and have increased over the years. In addition, state-level regulations are more stringent than federal regulations. Chapter 2 develops an empirically implementable theoretical model ...


Price Discovery In Nebraska Cattle Markets, Matthew C. Stockton, David A. Bessler, Roger K. Wilson 2010 University of Nebraska-Lincoln

Price Discovery In Nebraska Cattle Markets, Matthew C. Stockton, David A. Bessler, Roger K. Wilson

Faculty Publications: Agricultural Economics

Monthly observations on prices from 10 weight/gender classifications of Nebraska beef cattle are studied in an error correction model (ECM) framework. This study attempts a replication of the 2003 paper on Texas prices by Bessler and Davis, where they find medium heifers (600–700 lb) at the center of price discovery. Using the ECM results Nebraska light steers are found to be weakly exogenous, with the innovation accounting results showing marked differences. Industry structure, production choices, and animal type and breeding herd differences between Texas and Nebraska are proposed as plausible reasons for partial (or incomplete) success at replication.


Economies Of Scope For Microfinance: Differences Across Output Measures, Valentina Hartarska, christopher parmeter, Denis Nadolynak, Beibei Zhu 2009 Auburn University Main Campus

Economies Of Scope For Microfinance: Differences Across Output Measures, Valentina Hartarska, Christopher Parmeter, Denis Nadolynak, Beibei Zhu

Christopher F. Parmeter

In banking, scope economies of mobilizing deposits and lending are often estimated, while consideration of the same measures for microfinance institutions (MFI) is still in its infancy. An open issue remains regarding what characterizes an output of an MFI. Moreover, depending on the output used, do estimated scope economies differ? We use a novel data set for over 800 MFI across more than 70 countries to estimate economies of scope. Our findings suggest that statistical differences arise between estimates of scope economies. However, our qualitative findings indicate that both of these measures provide similar overviews of the landscape of scope ...


Market Power, Eu Integration And Privatization: The Case Of Romania, Gabriel Asaftei, christopher parmeter 2009 University of Miami

Market Power, Eu Integration And Privatization: The Case Of Romania, Gabriel Asaftei, Christopher Parmeter

Christopher F. Parmeter

This paper investigates the effects on pricing behavior of firms in a transition economy resulting from integration into the European Union’s Common Market and changes in ownership. We use a semiparametric model with a rich panel of manufacturing firms in Romania from 1995 to 2003 to estimate firm-level markups. We find that markups are higher in more concentrated industries and less exposed to foreign competition. Trade integration appears to generally increase competitive pressure on markups. Industries exposed to more international competition experience a larger change in markups following integration into the European Union’s Common Market. However, as the ...


A Distributional Analysis Of Public Private Wage Differential In India, Mehtabul Azam, Nishith Prakash 2009 World Bank

A Distributional Analysis Of Public Private Wage Differential In India, Mehtabul Azam, Nishith Prakash

Nishith Prakash

We investigate the public-private wage differential in India using nationally representative micro data. While the existing literature focuses on average wage differential, we study the differences in the wage distributions. The raw wage differential between public and private sector is positive across the entire distribution for both genders irrespective of area of residence. A quantile regression based decomposition analysis reveals that the differences in observed characteristics (covariate effect) account for only a small part of the wage differential at lower quantiles, but a larger part at higher quantiles. At the very top of the distribution, covariate effects account for a ...


Which Hedonic Models Can We Trust To Recover The Marginal Willingness To Pay For Environmental Amenities?, Nicolai Kuminoff, christopher parmeter, Jaren Pope 2009 Arizona State University

Which Hedonic Models Can We Trust To Recover The Marginal Willingness To Pay For Environmental Amenities?, Nicolai Kuminoff, Christopher Parmeter, Jaren Pope

Christopher F. Parmeter

The hedonic property value model is among our foremost tools for evaluating the economic consequences of policies that target the supply of local public goods, environmental services, and urban amenities. We design a theoretically consistent and empirically realistic Monte Carlo study of whether omitted variables seriously undermine the method’s ability to accurately identify economic values. Our results suggest that large gains in accuracy can be realized by moving from the standard linear specifications for the price function to a more flexible framework that uses a combination of spatial fixed effects, quasi-experimental identification, and temporal controls for housing market adjustment


The Returns To English-Language Skills In India, Mehtabul Azam, Aimee Chin, Nishith Prakash 2009 World Bank

The Returns To English-Language Skills In India, Mehtabul Azam, Aimee Chin, Nishith Prakash

Nishith Prakash

No abstract provided.


The Benefit Transfer Challenges, Kevin Boyle, Nicolai Kuminoff, christopher parmeter, Jaren Pope 2009 Virginia Polytechnic Institute and State University

The Benefit Transfer Challenges, Kevin Boyle, Nicolai Kuminoff, Christopher Parmeter, Jaren Pope

Christopher F. Parmeter

Presidential Executive Order 12,866 requires federal agencies to design “cost-effective” regulations and to assess “costs and benefits” of these regulations on the basis of “the best reasonably obtainable scientific, technical, economic, and other information.” Benefit transfers are one economic approach used to estimate these benefits and costs, and the use of existing economic information to predict the effects of new policies is well established. However, advancing the practice of benefit transfers is crucial if economists are to play a role in developing federal policies. We review contributions to the benefit-transfer literature and present a unified conceptual framework to guide ...


Estimation Of Hedonic Price Functions With Incomplete Information, Subal Kumbhakar, christopher parmeter 2009 University of Miami

Estimation Of Hedonic Price Functions With Incomplete Information, Subal Kumbhakar, Christopher Parmeter

Christopher F. Parmeter

Existence of persistent price dispersion suggests that some buyers find lower prices through search and information acquisition, while some sellers charge higher prices by gathering information on potential buyers. If buyers are not fully informed of the lowest price available in the market they end up paying a price higher than if they had full information. Similarly, if sellers are not fully informed about the highest price they could charge, they too suffer by receiving a price lower than had they had full information. This paper develops a hedonic price model that incorporates the effects of incomplete information on both ...


Quantifying The Economic Effects Of Hypoxia On A Fishery For Brown Shrimp Farfantepenaeus Aztecus, Ling Huang, Martin Smith 2009 University of Connecticut - Storrs

Quantifying The Economic Effects Of Hypoxia On A Fishery For Brown Shrimp Farfantepenaeus Aztecus, Ling Huang, Martin Smith

Ling Huang

No abstract provided.


Trade Bans, Imperfect Competition, And Welfare: Bse And The U.S. Beef Industry, Dimitrios Pangiotou, Azzeddine Azzam 2009 University of Nebraska-Lincoln

Trade Bans, Imperfect Competition, And Welfare: Bse And The U.S. Beef Industry, Dimitrios Pangiotou, Azzeddine Azzam

Azzeddine Azzam

Between May 2003 and July 2005, the U.S. beef industry faced a total ban on Canadian cattle imports following the discovery of BSE in Canada in May 2003 and restrictions on U.S. beef exports following the discovery of BSE in the United States in December 2003. When the United States reopened its border to Canadian cattle in July 2005, shipments were restricted to cattle less than 30 months of age. The total ban on Canadian cattle imports and restrictions on U.S. beef exports overlapped between January 2004 and July 2005. The restrictions on Canadian cattle imports and ...


Has The World Trade Organization Promoted Successful Regional Trade Agreements?, Jason Grant, christopher parmeter 2009 Virginia Polytechnic Institute and State University

Has The World Trade Organization Promoted Successful Regional Trade Agreements?, Jason Grant, Christopher Parmeter

Christopher F. Parmeter

The WTO’s Committee on Regional Trade Agreements (CRTA) is charged with monitoring, examining, and ensuring the compliance of RTAs. In this paper we ask whether oversight and examination has fostered successful RTAs using bilateral trade flows as our metric. We develop a comprehensive dataset covering 290 regional economic integration agreements that have entered into force since 1960. Remarkably, the data reveal that almost half (43%) of all agreements in existence (up to 2005) are neither notified nor accounted for in the RTA database published by the WTO. We then exploit variation in the notification status of an RTA to ...


Mining And Civilization, An Illustrated History, Fathi Habashi 2009 Laval University, Quebec City, Canada

Mining And Civilization, An Illustrated History, Fathi Habashi

Fathi Habashi

Mining and Civilization has been conceived to compliment the author's two books History of Metallurgy and Readings in Historical Metallurgy and to fill a gap in the literature. It is difficult to study the history of metallurgy without studying the history of mining at the same time. Each time the author visits ancient ruins or examines an ancient stone statue he recalls the work of miners who brought the material from a quarry so that the sculptor can create a work of art. History of mining, quarrying, and stone carving is history of civilization.


Pricing Residential Water To Account For Scarcity In Cyprus, Theodoros Zachariadis 2009 Cyprus University of Technology

Pricing Residential Water To Account For Scarcity In Cyprus, Theodoros Zachariadis

Theodoros Zachariadis

No abstract provided.


The General Equilibrium Incidence Of Environmental Mandates, Don Fullerton, Garth Heutel 2009 University of Texas at Austin

The General Equilibrium Incidence Of Environmental Mandates, Don Fullerton, Garth Heutel

Don Fullerton

Pollution regulations affect factor demands, relative returns, production, and output prices. In our model, one sector includes pollution as an input that can be a complement or substitute for labor or capital. For each type of mandate, we find conditions where more burden is on labor or on capital. Stricter regulation does not always place less burden on the better substitute for pollution. Also, restrictions on pollution per unit output create an “output-subsidy effect” on factor prices that can reverse the usual output and substitution effects. We find analogous effects for a restriction on pollution per unit capital.


Wind Energy Deployment: Global Lessons For West Michigan, Erik Edward Nordman 2009 Grand Valley State University

Wind Energy Deployment: Global Lessons For West Michigan, Erik Edward Nordman

Erik Edward Nordman

West Michigan Wind Assessment Issue Brief #1 This first of series of issue briefs summarizes the factors that have influenced wind energy deployment across the country and around the world. It also brings the lessons home to West Michigan's coastal zone.


Wind Power And Human Health: Flicker, Noise And Air Quality, Erik Edward Nordman 2009 Grand Valley State University

Wind Power And Human Health: Flicker, Noise And Air Quality, Erik Edward Nordman

Erik Edward Nordman

West Michigan Wind Assessment Issue Brief #2 The second of a series of wind energy issue briefs synthesizes the state of the science around wind energy siting issues like flicker and noise, and analyzes how West Michigan communities are addressing these challenges. The issue brief also assesses how wind energy could improve air quality and human health outcomes in West Michigan and the region.


Measuring Poverty And Human Capital Development In Sudan, Professor Issam A.W. Mohamed 2009 Department of Economics. Al Neelain University, Khartoum, Sudan

Measuring Poverty And Human Capital Development In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Catastrophes in Sudan are of many dimensions. Food security is a chronic and intrinsic problem in Sub Saharan Africa which is a fact recognized by the international society. Political instability, civil wars and finally recent secession of its Southern part is another fact which may be taken as a vivid example for other regions of that previously largest African country to be followed. The present paper introduces an analysis and assessment of measurements for human development indices in Sudan. It is empirically concluded that human welfare is invisible. The parameters are very low. Strategies are needed to provide for basic ...


Principal-Agent Problems In Fisheries, Niels Vestergaard 2009 University of Southern Denmark

Principal-Agent Problems In Fisheries, Niels Vestergaard

Niels Vestergaard

No abstract provided.


Viscoelastic Properties And Pasting Characteristics Of Fermented Maize: Influence Of The Addition Of Malted Cereals, Dr. Emmanuel Ohene Afoakwa (PhD), Randy Adjonu, Justice Asomaning 2009 University of Alberta

Viscoelastic Properties And Pasting Characteristics Of Fermented Maize: Influence Of The Addition Of Malted Cereals, Dr. Emmanuel Ohene Afoakwa (Phd), Randy Adjonu, Justice Asomaning

Professor Emmanuel Ohene Afoakwa

Investigations were conducted on the viscoelastic properties and pasting characteristics of fermented maize with malted cereals and their suitability for infant feeding. A 3x3x2 factorial experimental design with malting time, cereal malt concentration and cereal type was used. Maize, millet, and sorghum malts were added to fermented maize to reducing its bulk density. Samples were analysed for their viscoelastic properties and pasting characteristics using Brabender Viscoamylograph. Sorghum malt in comparison to millet and maize malts was not effective in terms of lowering the hot and cold paste viscosities of the fermented maize. Maize and millet malts liquefied the dough considerably ...


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