Browsing by Subject "Economics."
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Item Confronted by cotton : policy implications of Brazil's WTO dispute over U.S. cotton subsidies.(2010-10-08T16:15:55Z) Day, David T. (David Thomas), 1987-; McKinney, Joseph A., 1943-; Economics.; Baylor University. Dept. of Economics.Brazil's World Trade Organization dispute concerning the United States' cotton subsidy programs has many implications for the agricultural and trade policies of the U.S and developing countries, and for the WTO's role in settling trade disputes. Development of a condensed form econometric model of the world cotton price tests the accuracy of Brazil's claims and provides a measure of the impact of U.S. cotton subsidy programs. When using level values the model estimates that as U.S. subsidy payments increase by $1 Million the world price of cotton decreases by 0.01 cents. When using log values of the variables, a one percent increase in U.S. subsidy payments corresponds with a 0.27 percent decrease in the world cotton price. Numerous policy approaches exist for all parties based on the model's results, the historical and political background of the U.S. cotton industry, the WTO ruling, and the settlement between the U.S. and Brazil.Item Determinants of faculty salaries at elite liberal arts colleges.(2011-01-05T19:40:17Z) Konsor, Kellie J.; Green, Steven L.; Economics.; Baylor University. Dept. of Economics.In this paper we focus on the determinants of faculty salary levels at elite liberal arts colleges for specific years over the past decade. We address the role regional personal income per capita and endowment play in average salary determination. Other variables we consider include ranking, enrollment, tuition, discipline concentration, the professor to student ratio, the concentration of female professors among faculty and the ratio of research to instructional expenses. We find that regional personal income and endowment have a positive effect on average salaries, while ranking has a negative effect. Research has a positive effect on salaries in the later years, and tuition is not a consistent determinant of salary. Results also seem to be stable over time for most years and professor rankings.Item Impact of childhood exposure to family problem gambling on adult gambling pathology.(2014-06-11) Roberts, Albert, 1979-; Grinols, Earl L., 1951-; Economics.; Baylor University. Dept. of Economics.Does the apple fall far from the tree? Proverbs 22:6 says: "Direct your children onto the right path, and when they are older, they will not leave it." One theory from the social sciences termed Social Learning Theory would seem to be godly wisdom - that is - when children see what their family does, they are likely to do the same. Many studies have examined the apparent causes of pathological gambling. This study finds that childhood exposure to problem gambling in the family is significantly associated with adult outcomes of pathological gambling. Additionally for those who are not substance abusers nor mentally ill, childhood exposure to non-problem gambling is significantly associated with pathological gambling. This conclusion suggests that all social cost of gambling measures suffer from underestimation bias.