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- Promoting innovation and the deployment of advanced telecommunications services to businesses
- I. INTRODUCTION The ultimate goals of the Telecommunications Act of 1996 Preamble are "to secure lower prices and higher quality services for American telecommunications consumers and encourage the rapid deployment of new telecommunications technologies." In the terminology of economists, the Telecommunications Act is concerned with both static consumer welfare...
- Research articles 2008-04-01
- Determinants of mobile penetration in Asia-a panel data study
- Abstract This study uses the International Telecommunications Union ITU Database to study the diffusion of mobile telephony in Asia between 1993 and 2004 and analyses a 29 country 12 year panel data set in order to study the determinants of mobile penetration. The results indicate that entry and competition...
- Research articles 2007-12-01
- Religion and international trade: does the sharing of a religious culture facilitate the formation of trade networks?
- I Introduction WHEN RELIGIOUS TERRORISTS FLEW AIRCRAFT into the World Trade Center in New York on September 11, 2001, they attacked an important icon of the global economy. The event raised the question of whether religious fervor is compatible with the continued rapid globalization of the world economy....
- Research articles 2007-10-01
- Protestantism, labor force participation, and employment across countries
- I Introduction As MAX WEBER ([1904-1905] 2002) argued in his famous essay The Protestant Ethic and the Spirit of Capitalism, Protestantism--particularly its Calvinist branch--cultivated an intense devotion to one's work or "calling," in order to assure oneself that one was predestined for salvation. According to Weber, Protestantism sanctified...
- Research articles 2007-10-01
- Determinants of government aid to Katrina survivors: evidence from survey data
- 1. Introduction Natural catastrophes like Hurricane Katrina are unfortunate natural experiments for evaluating otherwise unobservable events such as the effectiveness of government disaster aid. Katrina was arguably the greatest natural disaster in modern U.S. history. The damage stretched across 90,000 square miles an area roughly the size of Great...
- Research articles 2007-10-01
- DETECTING POPULATION TRENDS IN MIGRATORY BIRDS OF PREY
- ABSTRACT.- Counts of visible migrants at traditional watchsites throughout North America provide an opportunity to augment population-monitoring efforts for birds of prey. We analyzed hourly counts of migrating raptors at one inland (Hawk Mountain Sanctuary, Pennsylvania) and one coastal (Cape May Point, New Jersey) watchsite in northeastern North America. Hourly...
- Research articles 2007-07-01
- EntreMed Announces its Aurora Kinase Inhibitor Induces Tumor Regression in Preclinical Models.
- M2 PRESSWIRE-1 June 2007-Headline Maker: EntreMed Announces its Aurora Kinase Inhibitor Induces Tumor Regression in Preclinical ModelsC1994-2007 M2 COMMUNICATIONS LTD RDATE:01062007 Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead...
- Research articles 2007-06-01
- Institutions and Policies for Growth and Poverty Reduction: The Role of Private Sector Development
- This paper goes over some of the recent discussions on the effects on growth and poverty of institutions and policies, especially those that relate to the functioning of the private sector. It examines the empirical relationship between various measures of institutional quality and regulatory policies, and economic growth and poverty....
- Research articles 2007-01-01
- Playing for keeps: pay and performance in the NBA
- I. INTRODUCTION A basic insight of agency theory is that properly designed incentive contracts can align the interests of agents with those of the principal, and recent empirical work shows that workers do indeed respond to financial incentives. (1) Contractual incentives, however, are not the only force motivating workers....
- Research articles 2007-01-01
- Do formula or competitive grant funds have greater impacts on state agricultural productivity?
- The federal government in 1887 established the State Agricultural Experiment Station SAES system to conduct original research and verify experiments bearing directly on the U.S. agricultural sector. Each State was entitled to an equal amount annually of federal funds to support this research (Knoblauch, Law, and Meyer 1962, p. 219)....
- Research articles 2006-11-01
- Association of ring shake in eastern hemlock with tree attributes.
- Abstract Eastern hemlock (Tsuga canadensis (L.) Carr.) is a major or minor associate in many forest types in northeastern North America. There has never been the high level of demand for eastern hemlock lumber that characterizes competing softwoods like white pine and spruce. ...
- Research articles 2006-10-01
- Institutional environment and sovereign credit ratings
- We use a sample of 86 counties to examine the cross-sectional determinants of sovereign credit ratings. We find that the quality of a country's legal and political institutions plays a vital role in determining these ratings. A one-standard-deviation increase in our legal environment index results in an average credit rating...
- Research articles 2006-09-22
- Newspaper ideological bias or "statist quo"? The acid test
- I Introduction FOR 30 YEARS, debate has swirled around the alleged "liberal bias" of U.S. journalists, and especially journalists who write for publications such as Time, Newsweek, the New York Times, and the Washington Post. Sutter (2001) has written that a veritable "cottage industry" has sprung up as...
- Research articles 2006-07-01
- Has the Internet increased trade? Developed and developing country evidence
- I. INTRODUCTION Much of the excitement surrounding the new economy did not survive the economic slowdown in 2001. However, two dramatic and real changes did take place in the mid-late 1990s and early 2000s. The first was a large increase in the international flows of goods, services, and investment....
- Research articles 2006-07-01
- The probability of winning and the effect of home-field advantage: the case of Major League Baseball
- ABSTRACT This paper examines the factors that affect the probability of a major league baseball team winning a game. The basic hypotheses of the study are that home teams are more likely to win a game than visiting teams, that teams that travel to arrive at a game are...
- Research articles 2006-07-01
- Individual investors, electronic trading and turnover
- ABSTRACT We examine how changes in individual investors' cost for information and trading costs affect stock turnover, i.e., the portion of outstanding stock that trades during a specific period of time. We also test how individual investors with relatively short investment horizons affect turnover. We find that stock turnover...
- Research articles 2006-05-01
- LOCAL OR STATE? EVIDENCE ON BANK MARKET SIZE USING BRANCH PRICES
- * Each Federal Reserve Bank defines the banking markets in its District at the local rather than the state level. The effect of bank mergers on market competition depends crucially on this definition of size, as competition could be stifled if the combined deposit share of two merging banks in...
- Research articles 2006-05-01
- Introduction to Nonparametric Regression
- Introduction to Nonparametric Regression by Kunio Takezawa. John Wiley & Sons, Inc., Hoboken, New Jersey, 2006. xviii + 568 pp. $110.THE SMOOTHING of data to discern an underlying curve or surface is a problem that has been with us as long as people have been examining time series or scatter...
- Research articles 2006-04-01
- Returns to skills and personnel management: U.S. Department of Defense scientists and engineers
- I. INTRODUCTION Labor economics research has documented important changes in the structure of wages in the 1980s and 1990s. (1) Private-sector labor-market returns to various measures of skills increased dramatically. For example, the college wage premium and the returns to experience both increased. Similarly, dispersion in residual wages also...
- Research articles 2006-04-01
- Does hedging affect firm value? Evidence from the US airline industry
- Does hedging add value to the firm, and if so, is the source of the added value consistent with hedging theory? We investigate jet fuel hedging behavior of firms in the US airline industry during 1992-2003 to examine whether such hedging is a source of value for these companies. We...
- Research articles 2006-03-22
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