The immediate purpose of this paper is to focus on how import and blockade regulations enacted by the Confederacy affected the course of the war in its final days, but the issue of the economic effects of blockades has broader implications. Economic policies have been used as weapons, at least...

This paper provides an econometric analysis of the relationship between live and deceased (cadaveric) kidney donations for the United States for the period 1992:IV through 2006:II. We find strong evidence for deceased donor kidneys "crowding out" living donations, potentially undermining...

This paper examines common forces driving the prices of 51 highly tradable commodities. We demonstrate that highly persistent movements of these prices are mostly due to the first common component, which is closely related to the US nominal exchange rate. In particular, our simple factor-based...

This paper examines common forces driving the prices of 51 highly tradable commodities. We demonstrate that highly persistent movements of these prices are mostly due to the first common component, which is closely related to the US nominal exchange rate. In particular, our simple factor-based...

Casino gambling is a popular form of entertainment and is purported to have positive effects on host economies. The industry surely affects local labor markets and tax revenues. However, there has been little evidence on the effects of casino gambling on state economic growth. This paper...

The purpose of this study is to consider the question of whether characteristics of applicants for federally subsidized housing can be used in predicting whether one is accepted or rejected by management as a tenant. Using probit analysis, a statistical model was developed for use in assisting...

In their 2001 paper, Breuer, McNown, and Wallace argue that panel unit root tests are flawed in that the "all or nothing nature of these procedures may lead to serious misinterpretations of tests applied to mixed panels" (2001, p. 483). The authors propose an alternative test, the SURADF test,...

Purpose – The purpose of this paper is to examine the effect the rebuilding of the casino industry has had on the recovery efforts from Katrina. Design/methodology/approach – The paper uses quarterly data from four states affected by Katrina, and a simple OLS model to test the effect the...