Program-Southwestern Economics Association, 2005 Revised 3/07/05 Thursday 8:30 - 9:45 a.m. EC01: REGIONAL ECONOMICS Chair: Gabriela Garcia Romo, Tecnológico de Monterrey 1. “The Economic Relationship of Community Insurance Rating(s) and the Quality of Fire Service,” Noah West, Louisiana State University-Eunice 2. “Emigration of Work versus Immigration of Workforce-A Regional Paradox,” Soma Bhattacharya, University of Maryland "Measuring the External Impact of University: A Case Study, " Hussain Jafri, Tarleton State University (ADDED) 3. “Hispanics, Latn's and Hyphenated Americans in Miami, Florida, U.S.A.,” Raul Moncarz and Elisa Moncarz, Florida International University 4. “Migration and Economic Changes in Mississippi,” Erdenechimeg Eldev-Ochir and Hymiar Hamilton, Mississippi State University Discussants: Charles Campbell, Mississippi State University Gail Fulgham, Jackson State University Marilyn Spencer, Texas A&M University—Corpus Christi Benedict Udemgba, Alcorn State University Thursday 8:30 - 9:45 a.m. EC02: INTERNATIONAL FINANCE I-CANCELLED- Rivas, Policastro, and Ozuna moved to EC) Chair: Robert Brazelton, University of Missouri—Kansas City 1. “The Role of Creditors in Sovereign Debt Management,” Garima Vasishtha, University of California—Santa Cruz 2. “Forward Interest Parity: The Case of the U.S. Dollar and the Japanese Yen,” Yoshi Fukasawa, Midwestern State University 3. “International Investment in Latin America and Comparison With the United States,” Juan R. Castro, Skyler Harper, and Jeshua Johnson, LeTourneau University 4. “Debt Relief Initiatives in the 1990s:More than an Accounting Exercise?” Ralf Hepp, University of California—Santa Cruz 5. “Derivatives Use By Latin American Banks and Its Effects on Interest Rate Risk,” Andres Rivas, Texas A&M International University; Felice Policastro, Gardner-Webb University; and Teofilo Ozuna, University of Texas-Pan American (MOVED TO EC04: : MONETARY ECONOMICS, Thursday 8:30 - 9:45 a.m.) Discussants: Ghenadie Cretu, Central European University James Lim, University of California—Santa Cruz Phacharaphot Nuntramas, University of Michigan Thursday 8:30 - 9:45 a.m. EC03: AGRICULTURAL ECONOMICS I Thematic Session Page 1 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Chair: Erda Wang, Tarleton State University 1. “Economic Sustainability of Louisiana Milk Production,” Wayne M. Gauthier and Ken Wegenhoft, Louisiana State University Agricultural Center (ADDED, MOVED FROM EC52: RESOURCES, THE ENVIRONMENT, AND WEATHER II, SATURDAY, 10:00-11:15) 2. “Agribusiness Development and Role of Micro-and-Small Scale Enterprises in Reducing Poverty in Rural Areas: A Case of Cambodia,” Surendra Singh and Fisseha Tegegne, Tennessee State University 3. “Agricultural Price Volatility and Market Insulation: Assessing Model Validity,” Ernesto Valenzuela and Roman Keeney, Purdue University 4. “Social Learning and Production Heterogeneity,” Fang-I Wen and Spiro E. Stefanou, Pennsylvania State University Discussants: Kenneth S. Krupa, USDA-Economic Research Service Albert Allen, Mississippi State University Yong Glasure, University of Houston—Victoria David L. May, Oklahoma City University Thursday 8:30 - 9:45 a.m. EC04: MONETARY ECONOMICS Chair: William Beaty, Tarleton State University 1. “U.S. Current Account Deficit and Net Foreign Capital Inflows,” Matiur Rahman, Michael Kurth, and Mihajlo Balic, McNeese State University 2. “Currency Boards and Economic Stabilization: An Econometric Analysis,” Steven Shwiff, Texas A&M University-Commerce and Stephanie Shwiff, National Wildlife Research Center 3. “Optimal Monetary Policy under Risk AND Uncertainty,” Diego Nocetti, University of Memphis 4. “The Effects of Monetary Policy and Macroeconomic Forecasting Using Structural Factor Analysis,” Dandan Liu, Texas A&M University 5. “Derivatives Use By Latin American Banks and Its Effects on Interest Rate Risk,” Andres Rivas, Texas A&M International University; Felice Policastro, Gardner-Webb University; and Teofilo Ozuna, University of Texas-Pan American (MOVED FROM EC02: INTERNATIONAL FINANCE I, Thursday 8:30 - 9:45 a.m.) Discussants: Olivier Coibion, University of Michigan Cesar Corredor, Texas A&M University Malcolm Cross, Tarleton State University Yu Hsing, Southeastern Louisiana University Thursday 8:30 - 9:45 a.m. EC05: MICROECONOMIC THEORY I Chair: Leon Taylor, Tulane University Page 2 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 1. “Cooperation with Rivals,” Kai Pommerenke, University of California—Santa Cruz 2. “Modeling Competitive Auction Markets as Population Games,” Ebru Isil Ozturk, University of Wisconsin—Madison “Battle of the Sexes, Coordination and Learning,” Nagore Iriberri, University of California-San Diego (ADDED, MOVED FROM EC27: TEACHING OF ECONOMICS II, Friday 8:30 - 9:45 a.m.) 3. “The Impacts of Uncertainty in Health Damages from S02,” Vladimir Hlasny, Michigan State University 4. “Subjective Financial Well-Being In an Urban Setting-An Application of Multiple Imputation,” David Penn, Middle Tennessee State University Discussants: Axel Anderson, Georgetown University Fred Landry, Louisiana State University—Eunice Ricardo Serrano-Padial, University of California—San Diego Yung-nian Tung, Georgetown University Thursday 10:00 - 11:15 a.m. EC06: ECONOMICS OF GOVERNMENTAL ACTION Chair: Natalie Hegwood, Sam Houston State University 1. “State Business Tax Climate and Economic Development,” F. Jerry Ingram, University of Louisiana—Monroe 2. “Inequality, Efficiency of Redistributive Institutions and Redistribution: Is Government Effectiveness the Missing Link Between Inequality and Redistribution?” Ahmet Aysan, University of Maryland 3. “Joseph and the Indians,” James Owen, Midwestern State University 4. “Efficient Unemployment Insurance in an Economy,” Randal Riddle, Tarleton State University Discussants: Natalie Hegwood, Sam Houston State University Rebecca Summary, Southeast Missouri State University Tina Wilson, Louisiana State University Thursday 10:00 - 11:15 a.m. EC07: TEACHING OF ECONOMICS I Chair: 1. “Learning Style Appropriate Study Methods: The Benefits of Awareness,” Rae Dodds, Texas Tech University 2. “Putting the Invisible Hand to Work: Using Applied Research to Facilitate Learning in Undergraduate Economics Classrooms,” Leah Greden Mathews, University of North Carolina—Asheville 3. “Teaching Experimental Economics: A Brief Literature Review and Some Evidence,” Nursen A. Zanca and Michael McGuire, University of Incarnate Word 4. “Experiential Economics: The Uses and Benefits of the Constructive Action Pedagogical Model for Effective Economics Education,” Edward B. Kurpis, Metropolitan College of New York Page 3 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Discussants: Thomas A. Creahan, Morehead State University Daniel Nuckols, Austin College Kai Pommerenke, University of California—Santa Cruz Thursday 10:00 - 11:15 a.m. EC08: INDUSTRIAL ORGANIZATION I Chair: 1. “The Influence of the Competitive Strategy and the Manufacturing Strategy in the Company's Success,” Joana Maria Sampaio Rua Fernandes, Escola Superior de Tecnologia e Gestão de Mirandela-IPB 2. “Disclosure of Extractive Industries,” Tahany Naggar and Ali K. Naggar, West Chester University 3. “Internet and Price Dispersion in the Airlines Industry,” Anirban Sengupta and Steven N. Wiggins, Texas A&M University 4. “A Study of OPEC Cartel Stability,” Pedro Almoguera, Michigan State University Discussants: Patricia Sanderson, Henderson State University Thursday 10:00 - 11:15 a.m. EC09: LABOR MARKET ISSUES Chair: Gene Cole, Arkansas Tech University 1. “Minimum Wages for Domestic Workers: The Impact on Employment and Wages in South Africa,” Taryn Dinkelman and Vimal Ranchhod, University of Michigan 2. “The Female-Male Education and Earnings Gap in Jamaica: A Holistic Explanation Suggested,” Dawn Elliott, Texas Christian University 3. “Labor Market Shocks and Palestinian Household Responses,” Edward Sayre, Agnes Scott College 4. “How Cognitive Ability Affects Older Workers' Retirement Decisions,” Huan Ni, State University of New York—Stony Brook 5. “Lifetime Income and Wealth: Evidence from PSID and HRS,” Joyce Tung, Rice University Discussants: Gene Cole, Arkansas Tech University Piyaluk Chutubtim, Texas A&M University Adrienne Lucas, Brown University Mostafa Soliman, Prairie View A&M University Thursday 10:00 - 11:15 a.m. EC10: BUSINESS CYCLES Chair: Mark Tuttle, Sam Houston State University 1. “End of Double Taxation and Economic Recovery,” Nazneen Ahmad and Wei Xiao, University of New Orleans Page 4 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 2. “A Timewise Specification Sensitive Look at Money Demand: An Analysis of U.S. Data,” Ismail Genc, University of Idaho 3. “Using an Artificial Neural Network for Dating Turning Points in the Business Cycle,” Rolando Pelaez University of Houston—Downtown 4. “When Is It Optimal to Run Procyclical Fiscal Policy?” Onsel Emre, University of Chicago and Manmohan Singh Kumar, International Monetary Fund Discussants: Jeffrey Edwards, Texas Tech University Andre Yone Haughton, University of the West Indies Myung-Ho Park, University of Michigan George Samuels, Sam Houston State University Thursday 11:30 a.m. - 12:45 p.m. EC11: ROUND TABLE--SOME GLOBAL ECONOMIC ISSUES Moderator: Alexander Kondonassis, University of Oklahoma Participants: Alexander Kondonassis, University of Oklahoma Abdul Turay, Western Carolina University Luvonia Casperson, Louisiana State University-Shreveport Tahany Naggar, West Chester University Patricia Sanderson, Henderson State University Thursday 11:30 a.m. - 12:45 p.m. EC12: AGRICULTURAL ECONOMICS II Chair: Wayne M. Gauthier, Louisiana State University Agricultural Center 1. “An Examination of the US Sugar Industry with International Implications,” Lynn Dellenbarger, Dellenbarger & Associates and Lihong Zhu, Washington State University 2. “Impact of the North American Free Trade Agreement on the Prospects of Canadian and Mexican Meat Products,” Naveen Musunuru, University of Louisiana—Monroe and Jaime Malaga, Texas Tech University 3. “The Economics of Soil Fertility Under Precision Farming Practices in Corn Production: The Case of Nitrogen,” Man Yu, Frank Ewell and Erda Wang, Tarleton State University 4. “Marketing Strategies for Goat Meat Industry: Survey Results,” Safdar Muhammad and Anonya Akuley-Amenyenu, Tennessee State University Discussants: Surendra Singh, Tennessee State University Frank Smith III, University of Southern Mississippi Fang-I Wen, Pennsylvania State University Thursday 11:30 a.m. - 12:45 p.m. EC13: LABOR PRODUCTIVITY Page 5 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Chair: James Buss, Fairfield University 1. “Do Teachers Really Matter?,”Kalpana Pai, University of Texas—Dallas 2. “The Role of Mathematical and Verbal Skills in Returns to Schooling for Higher Education,” Moohoun Song, Iowa State University 3. “Baseball and Marginal Productivity,” Ronald E. Crowe, Crichton College and George Ignatin, University of Alabama—Birmingham 4. “Comparative Static Properties of an Impure Acid Rain Control Model,” Xudong Chen and Emilson C.D. Silva, Tulane University “Home-Based Work, Human Capital Accumulation and Labor Force Participation,” Piyaluk Chutubtim, Texas A&M University (ADDED, FROM EC56) Discussants: Andrew Bacdayan, Lamar University James Owen, Midwestern State University Daniel Sutter, University of Oklahoma Thursday 11:30 a.m. - 12:45 p.m. EC14: APPLIED ECONOMETRICS Thematic Session Chair: Jeffery Smith, Air Force Institute of Technology 1. “Will the Internet Help Africa Grow? A Dynamic Panel Analysis,” Stephen Armah, Emory University 2. “An Examination of the Sensitivity of Average Partial Effects,” Margaret Loudermilk, Michigan State University 3. “The Impact of Antitrust Enforcement on U.S. Industries,” Jeff Brimhall and Daniel Slottje, Southern Methodist University and Michael McAleer, University of Western Australia (COAUTHOR ADDED) 4. “Comparative Static Properties of an Impure Acid Rain Control Model,” Xudong Chen and Emilson C.D. Silva, Tulane University Discussants: Tolga Cenesizoglu, University of California—San Diego Wasiq Khan, University of Saint Mary Jose Gonzalo Rangel, University of California—San Diego Thursday 11:30 a.m. - 12:45 p.m. EC15: COUNTRY STUDIES I Chair: Aparna Mitra, University of Oklahoma 1. “The Effects of Remittances and Foreign Direct Investment on Gross Capital Formation: the Case of Mexico,” Ulyses Balderas, Sam Houston State University 2. “Productivity Growth in OECD Countries: A Comparison with Malmquist Indices,” Baris Yoruk, Boston College 3. “IMF Intervention and Ecuador's Poor: Time Series Evidence,” Yassaman Saadatmand and Michael Toma, Armstrong Atlantic State University Page 6 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 4. “Age at Marriage and Migration in Rural Bangladesh,” Ali Protik, Brown University “Electoral Fragmentation and Socio-Economic Development: A CrossSectional Analysis of Recent Parliamentary Elections in Turkey,” Murat Arik, Middle Tennessee State University (ADDED, FROM EC28) Discussants: Ethiopia Keleta, Texas Southern University Aparna Mitra, University of Oklahoma Emlyn Norman, Texas Southern University Thursday 1:00 - 2:15 p.m. EC16: ECONOMIC DEVELOPMENT ISSUES Chair: Tahany Naggar, West Chester University 1. “Housing and the Macroeconomy: The Role of Implicit Guarantees for Government Sponsored Enterprises,” Karsten Jeske, Federal Reserve Bank of Atlanta and Dirk Krueger, Universitaet Frankfurt 2. “The Impact of Faith Based Foreign Investment On The Educational System of Transitional Economies: A Sectoral Analysis,” Anthony Negbenebor, Gardner-Webb University and Jonathan Elimimian, Albany State University 3. “Technological Change and Contribution to Growth and Convergence,” Farhang Niroomand and Edward Nissan, University of Southern Mississippi 4. “Digital Asymmetries: International Comparisons,” Shahira Ali, University of Southern Mississippi 5. “Financial Intermediation and Economic Integration of the Economic Community of West African States,” Douglas Agbetsiafa, Indiana University—South Bend Discussants: Patricia Berbia, Davenport University Robert Brazelton, University of Missouri—Kansas City Fang Dong, Providence College Fadi Fawaz, Texas Tech University Gabriela Garcia Romo, Tecnológico de Monterrey Thursday 1:00 - 2:15 p.m. EC17: MONETARY AND MACROECONOMICS Chair: Natalie Hegwood, Sam Houston State University 1. “The Short and Unhappy Reign of G. William Miller,” William Beaty and Malcolm Cross, Tarleton State University 2. “On Developing a Fiscal Sustainability Matrix: The Case of Jamaica,” Rohan Swaby and Devon Rowe, University of the West Indies—Mona 3. “Money Growth or Taylor Rules: Does It Matter?” Stephane Auray, Université du Québec à Montréal and Patrick Feve, Universite de Toulouse 4. “Flexibility in Hiring Inputs Manifests Itself as Stickiness in Prices,” Bill Ballard, Wayland Baptist University—Lubbock Discussants: Bronislaw Wojtun, Wojtun Research Associates, LLC Kenneth Sanders, Eastern New Mexico University Page 7 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Jeffery Smith, Air Force Institute of Technology Thursday 1:00 - 2:15 p.m. EC18: BUSINESS FINANCE I Chair: Oris Odom, University of Texas—Tyler 1. “The Critical Assessment of the Empirical Evidence on the Imperfection of Capital Markets,” Zakaria Babutsidze, Central European University 2. “Investment Performance of Foreign Financial Institution Equities: A Look at Returns from Banking, Financial Services, and Insurance Firms,” R. Stephen Elliott and Mark Schaub, Northwestern State University 3. “The Effect of Operating Environment on the Behavioral Characteristics of SingleBond Credit Unions,” John E. Martinez and Roy P. Patin, Midwestern State University and Douglas W. McNiel, McNeese State University 4. “Comparison of RCA Stock in the 1920s to Microsoft Stock in the 1990s,” Sukaina Jafri, Tarleton State University Discussants: Jeff Brimhall, Southern Methodist University James Harriss, Campbell University Raphael Lam, University of California—Los Angeles Thursday 1:00 - 2:15 p.m. EC19: RESOURCE AND ENVIRONMENTAL ECONOMICS Chair: Jeffrey D. Mullen, University of Georgia 1. “Environmental Kuznets Curve Using the Conditional Gamma Distribution,” Hwa Kim, Texas A&M University 2. “Accounting for Extraction Cost, Technological Progress, and Resource Exploration in Nonrenewable Resource Extraction,” Chad Settle, University of Tulsa 3. “Efficiency Implications for Environmental Taxes in Inefficient Economies,” Thomas A. Creahan, Morehead State University 4. “An Economic Analysis of Costs of Bioretention Cells and Stormwater Ponds,” Rita Sharma, Clemson University Discussants: Samantha Dart, University of Chicago Vladimir Hlasny, Michigan State University Greg Hunter, California State University—Pomona Stephanie Shwiff, National Wildlife Research Center Thursday 1:00 - 2:15 p.m. EC20: HEALTH ECONOMICS I Chair: 1. “Is It Economic Growth OR Socio-Economic Development? A Cross-Sectional Analysis of the Determinants of Infant Mortality,” Hulya Arik, Page 8 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 University of Connecticut and Murat Arik, Middle Tennessee State University 2. “Spatial Analysis of Public Expenditure on Health Care in India,” Arun Srinivasan and Janardhanan Alse, Indiana University Southeast 3. “Sweet Persuasion: Soft Drinks, School Funding, and Children's Health,” Wen You, Texas A&M University 4. “Comparative Efficiency of State Health Systems,” Rose Rubin and Cyril Chang, University of Memphis Discussants: Gene Cole, Arkansas Tech University Sebastien Gay, University of Chicago Baris Yoruk, Boston College Liye Zhu, Southern Methodist University Thursday 2:30 - 3:45 p.m. EC021: BUSINESS FINANCE II Chair: Luvonia Casperson, Louisiana State University—Shreveport 1. “China, Raw Material Allocation/Price Differentials, and Production Bottlenecks in the,” James Harriss, Campbell University and Oris Odom, University of Texas—Tyler 2. “Part-Time Entrepreneurship and Wealth Effects: New Evidence from the Panel Study of Entrepreneurial Dynamics,” Kameliia Petrova, Boston College 3. “Firm Dynamics, Capital Structure with Financial Constraints and Risk,” Raphael Lam, UCLA 4. “The Effects of Taxes and Insurance on Investment Property in the State of Texas,” Russell Hall, Wayland Baptist University Discussants: John E. Martinez, Midwestern State University Ali K. Naggar, West Chester University Roy P. Patin, Midwestern State University Jin Zhang, Texas A&M University Thursday 2:30 - 3:45 p.m. EC22: APPLICATIONS OF MICROECONOMICS Chair: Yong Glasure, University of Houston-Victoria 1. “The Electoral Influence of Special Interest Groups,” Yung-nian Tung, Georgetown University 2. “The Intifada's Impact on Tourism in Israel: An Interrupted Time-Series Approach,” Basel Saleh, College of St. Benedict/St. John's University 3. “The Disgrace That Is the West Indies Cricket Team: The Way Forward—An Economist's Perspective,” Rohan Swaby, University of the West Indies—Mona 4. “Venture Capital Impact: The Special Case of Real Estate,” Nicholas Adams, University of Southern Mississippi Discussants: Theodoros Diasakos, University of California—Berkeley Babatunde Olabisi Magbagbeola, Centre for Development Initiatives Hymiar Hamilton, Mississippi State University Page 9 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Thursday 2:30 - 3:45 p.m. EC23: INTERNATIONAL TRADE I Chair: Rebecca Summary, Southeast Missouri State University 1. “Evidence of Economic Time Series in the Standard Deviation of Economic Time Series,” Larry Allen and Melvin Brust, Lamar University 2. “Globalization and its Impact on Outsourcing with Special Reference to United States,” Nirmalendu Debnath, Lane College 3. “A Consideration on Patterns of Intra-Industry Trade: Why Do Countries Export and Import More/Less in Same Industry?” Isao Kamata, University of Michigan 4. “The Roles of Non-Tradable Goods in International Business Cycles,” Phacharaphot Nuntramas, University of Michigan Discussants: Anonya Akuley-Amenyenu, Tennessee State University Ricardo Lopez, Indiana University Arslan Razmi, University of Massachusetts Bill Ballard, Wayland Baptist University—Lubbock Thursday 2:30 - 3:45 p.m. EC24: LOCAL ECONOMIC DEVELOPMENT Thematic Session Chair: Stephanie Shwiff, National Wildlife Research Center 1. “Hometown Retirement Communities as an Economic Development Tool in Mississippi,” Charles Campbell, Mississippi State University 2. “State's Credit Ratings in Mexico,” Jorge Ibarra Salazar and Gabriela Romo, Tecnológico de Monterrey 3. “The Impact of Economic Conditions on Presidential Election at a Time of Heightened National Security Concerns and War: 2004 Election Results by State,” Harika Bickicioglu, George Mason University 4. “Separating the Effects of HIV/AIDS Infections and Mortality on Investment and Savings: A Cross-Country, Income-Stratified Study,” Fadi Fawaz, Jeffrey Edwards, and Rashid B. Al-Hmoud, Texas Tech University Discussants: George Carter, University of Southern Mississippi Erdenechimeg Eldev-Ochir, Mississippi State University Keith Phillips, Federal Reserve Bank of Dallas—San Antonio Branch Rick Brooks, Freed-Hardeman University Thursday 2:30 - 3:45 p.m. EC025: ECONOMICS OF EDUCATION I-COMBINED WITH EC27, FRIDAY 8:30-9:45 Chair: Page 10 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 1. “The Impact of School Characteristics on Housing Prices in Atlanta,” David Bowes, Southeastern Louisiana University (MOVED TO EC27) 2. “The Evolution of Modern Medical Education in the United States: Institutional Changes and the Impact on Medical Schools,” Jaret Treber, University of Arizona 3. “High School Non-Completers, College Completers and Per-Capita Income In Louisiana Parishes,” R. Morris Coats and Gokhan Karahan, Nicholls State University (MOVED TO EC27) 4. “Rural Dissatisfication with Educational Spending in Georgia,” Katherine Miller, Agnes Scott College Discussants: Thursday 2:30 - 3:45 p.m. EC25: HEALTH ECONOMICS III-NEW SESSION Chair: Arun Srinivasan, Indiana University-Southeast 1. “Informed Consent Versus Presumed Consent: The Role of the Family in Organ Donations,” Sebastien Gay, University of Chicago and Philippe Fevrier, ENSAE 2. “Your Money or Your Life: Managing Health, Managing Money,” Irina Grafova, University of Michigan 3. “A Distribution Analysis of the Tradeoff Between Wages and Employer Provided Health Insurance,” Liye Zhu, Southern Methodist University Discussants: Praveen Dhankhar, Tulane University Thursday 4:00 p.m. University Room SOUTHWESTERN SOCIAL SCIENCE ASSOCIATION PLENARY SESSION featuring an address by Peter A. Morrison, Founding Director Population Research Center, RAND Corporation Presiding: Dudley L. Poston, Jr. President, SSSA Platform Party Presidents of the SSSA Affiliates Joseph Stewart, Jr., SSSA President-Elect Michael Collins, SSSA Vice President Thursday 5:30 p.m. Emerald Ballroom Page 11 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 SOUTHWESTERN SOCIAL SCIENCE ASSOCIATION PRESIDENT’S RECEPTION Hosted by The Southwestern Social Science Association Dudley L. Poston, Jr., President Bailey’s Thursday 9:00 p.m. SOUTHWESTERN SOCIAL SCIENCE ASSOCIATION STUDENTS’ SOCIAL Graduate and undergraduate students are cordially invited to enjoy snacks, beverages, music, and each others’ company, courtesy of SSSA and its affiliate organizations. Friday 8:30 - 9:45 a.m. EC26: MICROECONOMIC THEORY II Chair: Michael Toma, Armstrong Atlantic State University 1. “The Pricing of Gasoline Grades and the Third Law of Demand,” Leon Taylor, Tulane University and R. Morris Coats, Nicholls State University (MOVED TO EC45: INDUSTRIAL ORGANIZATION II, FRIDAY, 2:30-3:45) 2. “Decentralized Provision in Repeated Public Good Games with Incomplete Information,” Ricardo Serrano-Padial, University of California—San Diego 3. “Securing Performance and Payment in Project Finance-Infrastructure Construction Contracts,” Ghenadie Cretu, Central European University 4. “Modeling Bounded Rationality and Strategic Complexity,” Theodoros Diasakos, University of California—Berkeley Discussants: Axel Anderson, Georgetown University Jonathan Elimimian, Albany State University Edmundo Ramos Sotelo, Tecnológico de Monterrey Friday 8:30 - 9:45 a.m. Page 12 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 EC27: TEACHING OF ECONOMICS II Chair: Kenneth Sanders, Eastern New Mexico University 1. “Enhancing Communication in Web-based Courses,” Rebecca Summary, Southeast Missouri State University 2. “A Peek Between the Covers of a Principles Text,” Robert Renshaw, Renshaw Enterprises 3. “The Impact of School Characteristics on Housing Prices in Atlanta,” David Bowes, Southeastern Louisiana University (MOVED FROM EC25) 4. “High School Non-Completers, College Completers and Per-Capita Income In Louisiana Parishes,” R. Morris Coats and Gokhan Karahan, Nicholls State University (MOVED FROM EC25) 5. “Battle of the Sexes, Coordination and Learning,” Nagore Iriberri, University of California—San Diego (MOVED TO EC05) Discussants: Rae Dodds, Texas Tech University Leah Greden Mathews, University of North Carolina-Asheville Nursen A. Zanca, University of Incarnate Word, Texas Trevor Collier, Southern Methodist University Carl Montano, Lamar University Friday 8:30 - 9:45 a.m. EC28: COUNTRY STUDIES II Chair: Patricia Sanderson, Henderson State University 1. “Exchange Rate Arrangements in Some Asian Countries: A Statistical Reflection,” Fang Dong, Providence College 2. “Determinants of the Cost of Capital in Emerging Countries. New Firm Level-Brazil,” Patricia Berbia, Davenport University 3. “The Differential Impact of Globalization in Selected Sub-Saharan Economies,” Ethiopia Keleta and Emlyn Norman, Texas Southern University 4. “Electoral Fragmentation and Socio-Economic Development: A CrossSectional Analysis of Recent Parliamentary Elections in Turkey,” Murat Arik, Middle Tennessee State University (MOVED TO EC15) 5. “An Evaluation of the Islamic Economic System of Iran, Its Dynamics, and Direction,” Mohamad Shaaf, University of Central Oklahoma Discussants: Ulyses Balderas, Sam Houston State University Roberto Coronado, Federal Reserve Bank of Dallas—El Paso Branch Farhang Niroomand, University of Southern Mississippi Abdul Turay, Western Carolina University Friday 8:30 - 9:45 a.m. EC29: BUSINESS FINANCE III Chair: Edward B. Kurpis, Metropolitan College of New York Page 13 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 1. “Has Co-Movements Between the U.S. Stock Market and Emerging Stock Markets Increased in Recent Years?” Yong Glasure, University of Houston—Victoria 2. “A Rational Model of Underreaction: The Effect of Macroeconomic News,” Tolga Cenesizoglu, University of California—San Diego 3. “A New Complementary Test Statistic Confronting the Spuriousness of FamaMacBeth Procedure,” Seung Mo Choi, University of Chicago 4. “The Relationship Between Business Bankruptcies and Macro Economy - A Causality Perspective Using Directed Acyclic Graphs,” Jin Zhang and David Leatham, Texas A&M University (COAUTHOR ADDED) Discussants: Ronald E. Crowe, Crichton College R. Stephen Elliott, Texas Christian University Jingtao Wu, Iowa State University Kameliia Petrova, Boston College Friday 8:30 - 9:45 a.m. EC30: GOVERNMENTAL PERFORMANCE Joint Session with Political Science Chair: David L. May, Oklahoma City University 1. “A Formal Model of Political Competition and Clientelism,” Leonardo Gatica, University of Texas 2. “Anceps Imago: Fiscal Performance and Political Cycles,” Misael Mauricio-Garza and Jesús Gutiérrez-Villarreal, Tecnológico de Monterrey 3. “Simulated Economic Impacts of Soil Erosion Under Alternative Crop Production Practices,” Erda Wang, Tarleton State University and Jimmy Williams, Blackland Research and Extension Center 4. “Global Public Goods Provision with Endogenous Technical Change,” Greg Hunter, California State University—Pomona Discussants: Hwa Kim, Texas A&M University Jeffrey D. Mullen, University of Georgia Jason Murray, University of California—San Diego Chad Settle, University of Tulsa Friday 10:00 - 11:15 a.m. SOUTHWESTERN ECONOMICS ASSOCIATION PLENARY SESSION "Overturning Tiebout: The Case for Regulating Suburban Development” Paul Jargowsky, Associate Professor of Political Economy University of Texas—Dallas Page 14 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Presiding: Aparna Mitra President, SEA Friday 11:30 a.m. - 12:45 p.m. EC31: ROUND TABLE—SCHEDULED CASTES, SCHEDULED TRIBES, AND AFFIRMATIVE ACTION IN INDIA Moderator: Aparna Mitra, University of Oklahoma Participants: Aparna Mitra, University of Oklahoma William A. Darity, Jr., University of North Carolina—Chapel Hill/ Duke University Thomas Weisskopf, University of Michigan Balmurli Natarajan, Iowa State University Ashwini Deshpande Delhi School of Economics, India Friday 11:30 a.m. - 12:45 p.m. EC32: COMPETITIVE STRATEGIES Thematic Session Chair: Daniel Nuckols, Austin College 1. “Outsourcing Jobs As a Method of Sustaining Competitive Position,” B.J. Dooley, Louisiana State University—Eunice 2. “Vertical Product Differentiation, Entry-Deterrence Strategies, and Entry Qualities,” Yong-Hwan Noh, Iowa State University 3. “Price Flexibility in the U.S. and U.K. Beef Industry: Comparing Export Inverse Demand Systems,” Sonja Langley, Prairie View A&M University and Alison M. Keefe, Kennesaw State University (ADDED, MOVED FROM EC35: INTERNATIONAL TRADE II, Friday 11:30 a.m. - 12:45 p.m.) 4. “The Economic Role of Direct-To-Consumer Advertising,” Jonathan Elimimian and Abiodun Ojemakinde, Albany State University 5. “Japanese Outsourcing as Marketing Strategy,” Patricia Sanderson, Henderson State University Discussants: Pedro Almoguera, Michigan State University Joana Maria Sampaio Rua Fernandes, Escola Superior de Tecnologia e Gestão de Mirandela-IPB Noah West, Louisiana State University—Eunice Friday 11:30 a.m. - 12:45 p.m. EC33: REGIONAL AND URBAN ECONOMICS Chair: Steven Shwiff, Texas A&M University—Commerce 1. “An Integrated Framework for Explaining Spatial Variation in Offense Rates,” Page 15 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Murat Arik, David Penn, and Christian Nsiah, Middle Tennessee State University 2. “Changing Pattern by Regional Exports,” Robert Dossett, University of Southern Mississippi 3. “The Relation Between Decentralization and Size of Government: Testing the Existence of Leviathan in Mexico,” Luis de Jesus Beltran Farias and Martha Alicia Marron Sondoval, Tecnológico de Monterrey 4. “Auto Theft, Burglary, and Larceny Determinants: A Jackson, Mississippi Case,” Benedict Udemgba, Alcorn State University and Gail Fulgham, Jackson State University Discussants: Harika Bickicioglu, George Mason University Hussain Jafri, Tarleton State University Wayne M. Gauthier, Louisiana State University Agricultural Center Anthony Negbenebor, Gardner-Webb University Friday 11:30 a.m. - 12:45 p.m. EC34: ECONOMICS OF EDUCATION II Chair: Lynde Gilliam, Metropolitan State College of Denver 1. “The Application of Data Envelopment Analysis for Evaluating the Performance of Elementary Schools in Texas,” Kalpana Pai, University of Texas—Dallas 2. “Institutional Arrangements in Educational Systems and Student Achievement: A Cross-National Analysis,” Trevor Collier and Daniel Millimet, Southern Methodist University 3. “An Economic Theory of Academic Performance Standards,” Andrew Bacdayan and Carl Montano, Lamar University 4. “The Economic Impact of Out-of-State Students,” Rick Brooks, Freed-Hardeman University Discussants: David Bowes, Southeastern Louisiana University F. Jerry Ingram, University of Louisiana—Monroe James Owen, Midwestern State University Lynde Gilliam, Metropolitan State College of Denver Friday 11:30 a.m. - 12:45 p.m. EC35: INTERNATIONAL TRADE II Chair: Ricardo Lopez, Indiana University 1. “The Impact of Trade Liberalization on Household Welfare In a Developing Country,” Ganesh Seshan, University of Virginia 2. “The Microeconomic Impact of Financial Crises: The Case of Bulgaria,” James Lim and Jonathon Adams-Kane, University of California—Santa Cruz 3. “Contractionary Effects of Devaluations in Developing Countries: Some Neglected Nuances,” Arslan Razmi, University of Massachusetts 4. “Price Flexibility in the U.S. and U.K. Beef Industry: Comparing Export Inverse Demand Systems,” Sonja Langley, Prairie View A&M University and Page 16 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Alison M. Keefe, Kennesaw State University (MOVED TO EC32: COMPETITIVE STRATEGIES, Friday 11:30 a.m. - 12:45 p.m.) 5. “Bank Mergers and Acquisitions in Latin America: Have They Lead to Increases in Risk?” Felice Policastro, Gardner-Webb University; Teofilo Ozuna, University of Texas-Pan American; and Andres Rivas, Texas A&M International University (COAUTHORS ADDED) Discussants: Nirmalendu Debnath, Lane College Dawn Elliott, Texas Christian University Isao Kamata, University of Michigan Friday 1:00 - 2:15 p.m. EC36: ECONOMIC HISTORY Joint Session with History Chair: John E. Martinez, Midwestern State University 1. “Leon H. Keyserling: Presidential Advisor, Economic Policy, and the Full Employment Budget Concept,” Robert Brazelton, University of Missouri—Kansas City 2. “Jean-Baptiste Say's Concepts Concerning Distribution,” Kenneth Sanders, Eastern New Mexico University 3. “Comments on Centennial of the Birth of Oscar Lange, 1904-1965,” Bronislaw Wojtun, Wojtun Research Associates, LLC 4. “Economic History as Literature,” Daniel Nuckols, Austin College Discussants: Murat Arik, Middle Tennessee State University Charles Hawkins, Lamar University Birendra Rai, Texas A&M University Raphael Shen, University of Detroit—Mercy Friday 1:00 - 2:15 p.m. EC37: HEALTH ECONOMICS II Interdisciplinary Session Chair: Daphne Greenwood, University of Colorado—Colorado Springs 1. “Informed Consent versus Presumed Consent: The Role of the Family in Organ Donations,” Sebastien Gay, University of Chicago and Philippe Fevrier, ENSAE (MOVED TO EC25, HEALTH ECONOMICS III) 2. “Street Child: Affective Capital or Economic Capital. Application to Street Children in Mauritania,” Jerome Ballet, Bhukuth Augendra, and Katia Radja, University of Versailles 3. “STDs and Oil Workers in Oklahoma,” Allison Barta, Oklahoma City University 4. “Maternal Morality and Public Policy in Mexico,” Jorge Ibarra Salazar and Edmundo Ramos Sotelo, Tecnológico de Monterrey 5. “Threat of Malpractice Lawsuit, Physician Behavior and Health Outcomes: Testing the Presence of Defensive Medicine,” Praveen Dhankhar, Tulane University Page 17 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Discussants: Andrew Bacdayan, Lamar University Irina Grafova, University of Michigan James Buss, Fairfield University Rose Rubin, University of Memphis Arun Srinivasan, Indiana University Southeast Friday 1:00 - 2:15 p.m. EC38: MACROECONOMICS I Chair: Jeffrey Edwards, Texas Tech University 1. “Sticky Prices Versus Sticky Information: Monetary Policy Rules and Technology,” Olivier Coibion, University of Michigan 2. “Endogenous Uncertainty and Risk Premiums in the Term Structure of Interest Rates,” Carlos Oyarzun, Texas A&M University 3. “Do International Transparency Standards Improve Macroeconomic Forecasting?” Hui Tong, International Finance Division, Bank of England 4. “The New Productivity and Growth in the U.S.,” George Samuels, Sam Houston State University Discussants: Nazneen Ahmad, University of New Orleans Larry Allen, Lamar University Onsel Emre, University of Chicago Friday 1:00 - 2:15 p.m. EC39: DEVELOPING ECONOMIES AND ECONOMIC SYSTEMS Joint Session with International Studies Chair: Emlyn Norman, Texas Southern University 1. “Africa's Integration and Economic Development: Issues for Consideration,” Babatunde Olabisi Magbagbeola, Centre for Development Initiatives 2. “Abstract on Economic Systems,” Elizabeth Uchegbulam, Institute of Chartered Secretaries and Administrators 3. “Financial Developments as Predictors of Economic Growth,” Ming-Hsiang Chen, National Chung Cheng University; Ismail Genc and Terrance Grieb, University of Idaho 4. “Emergence of Market Institutions in Developing Countries: The Andean Countries,” Pedro Romero, George Mason University Discussants: Leon Taylor, Tulane University Wasiq Khan, University of Saint Mary Rohan Swaby, University of the West Indies—Mona Joyce Tung, Rice University Friday 1:00 - 2:15 p.m. EC40: MICROECONOMICS Page 18 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Chair: R. Morris Coats, Nicholls State University 1. “Bribery and Firm Characteristics: Evidence from the World Business Environment Survey,” Yanjing Chen, Emory University 2. “Corruption and Tax Evasion: A Model of Optimal Behavior and Strategic Interaction,” Diego Escobari, Texas A&M University 3. “The Role of Motivation in Consumer Process,” Rotaru Vitalie, Free University of Moldova 4. “Cooperation in the Prisoners Dilemma-An Experiment with Binding Mediation,” Sascha Becker and Tatyana Deryugina, University of California—Berkeley Discussants: Nagore Iriberri, University of California-San Diego Oris Odom, University of Texas—Tyler Anirban Sengupta, Texas A&M University Ken Wegenhoft, Louisiana State University Agricultural Center Friday 1:00 – 2:15 p.m. University Room SOUTHWESTERN SOCIAL SCIENCE ASSOCIATION GENERAL BUSINESS MEETING Presiding: Dudley L. Poston, Jr. President, SSSA Friday 2:30 - 3:45 p.m. EC41: ECONOMIC DEVELOPMENT AND ECONOMIES IN TRANSISTION Chair: Ismail Genc, University of Idaho 1. “Where is Southeast Asia Heading?” Lynn Dellenbarger, Dellenbarger & Associates and Lihong Zhu, Washington State University “Half-Life of Big Macs: A PPP Update with Trade Volume Controls,” Jonathan Willner and Allison Barta, Oklahoma City University University (MOVED FROM EC44) 2. “Impacts of Macroeconomic Policies on Output for A Transitional Economy,” Yu Hsing, Southeastern Louisiana University 3. “Cuba's Future Businesses,” Raul Moncarz, Leonardo Rodriguez, and Elisa Moncarz, Florida International University 4. “China's Quarter-Century of Economic Reform and Restructuring,” Raphael Shen, University of Detroit—Mercy Discussants: William Beaty, Tarleton State University Tahany Naggar, West Chester University David Penn, Middle Tennessee State University EC42: LABOR ECONOMIC ISSUES Page 19 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Chair: Rose Rubin, University of Memphis 1. “Human Capital and Learning Organization,” Fred Landry, Louisiana State University—Eunice 2. “Providing Financial Education in the Workplace: Benefits and Value,” John Hayes, Texas Tech University 3. “Employer-Based Health Insurance and Labor Supply Decisions in Higher Education,” Gene Cole and Richard Smith, Arkansas Tech University 4. “Remittance Income and Public Policy in Labor Exporting Regions,” Wasiq Khan, University of Saint Mary 5. “Bargaining Frictions and Hours Worked,” Samuel Danthine and Stephane Auray, Université du Québec à Montréal Discussants: Daphne Greenwood, University of Colorado—Colorado Springs Huan Ni, State University of New York—Stony Brook Matiur Rahman, McNeese State University Edward Sayre, Agnes Scott College EC43: AGRICULTURAL ECONOMICS III Chair: Surendra Singh, Tennessee State University 1. “Uncertainty Aversion or Risk Aversion Farmer? Does It Make Any Difference for Policy Design?” Hung-Hao Chang, Cornell University 2. “Biotechnology: The Challenges Facing Genetically-Engineered Agriculture Commodities,” Katie Johnson, Tarleton State University 3. “Urbanization and Agriculture: Net Cash Farm Income in 54 U.S. Fast Growth Counties, 1997 and 2002,” Kenneth S. Krupa and Marlow Vesterby, USDA-Economic Research Service 4. “Performance of the Agricultural Commodity Trucking Sector in the United States,” Albert Allen and Saleem Shaik, Mississippi State University Discussants: Levan Elbakidze, Texas A&M University Safdar Muhammad, Tennessee State University Naveen Musunuru, University of Louisiana—Monroe Ernesto Valenzuela, Purdue University Friday 2:30 - 3:45 p.m. EC44: INTERNATIONAL FINANCE II Chair: Nirmalendu Debnath, Lane College 1. “Do Flexible Exchange Rate Regimes Reduce Balance Sheet Currency Mismatches? New Firm Level Evidence for Latin America,” Herman Kamil, University of Michigan 2. “Alternative Tests of Purchasing Power Parity,” Fred Wallace, Prairie View A&M University and Gary Shelley, East Tennessee State University 3. “Half-Life of Big Macs: A PPP Update with Trade Volume Controls,” Page 20 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Jonathan Willner and Allison Barta, Oklahoma City University (MOVED TO EC41, ECONOMIC DEVELOPMENT AND ECONOMIES IN TRANSISTION) 4. “Exchange Rate Arrangements in the Poorest Half of the World: A Panel Mixed Logit Analysis,” Anna Wong, University of California—Berkeley 5. “The Political Economy of Current Account Reversals: An Empirical Study,” Juan Jauregui, University of Callifornia—Los Angeles Discussants: Felice Policastro, Gardner-Webb University Hui Tong, International Finance Division, Bank of England Friday 2:30 - 3:45 p.m. EC45: INDUSTRIAL ORGANIZATION II Chair: Gokhan Karahan, Nicholls State University 1. “Corporate Finance and the Output Prices: What Impact of the French Financial Liberalization on the Prices?” Elise Payzan, Princeton University “The Economic Effects of Digital Technology on the Market for Recorded Music,” Lynde Gilliam, Metropolitan State College of Denver (ADDED) 2. “The Formulation of the Manufacturing Strategy,” Joana Maria Sampaio Rua Fernandes, Escola Superior de Tecnologia e Gestão de Mirandela-IPB 3. “A Lapse of Concentration: Omitted Variables, Board Structure, and Firm Performance,” Morgan Rose, Washington University 4. “The Economic Effect of Governmental Incentives on the U.S. Ethanol Fuel Market,” Michael Wetzstein, University of Georgia 5. “The Pricing of Gasoline Grades and the Third Law of Demand,” Leon Taylor, Tulane University and R. Morris Coats, Nicholls State University (MOVED FROM EC26: MICROECONOMIC THEORY II, FRIDAY, 8:30-9:45) Discussants: Seung Mo Choi, University of Chicago Diego Escobari, Texas A&M University Friday 4:00 - 5:15 p.m. SOUTHWESTERN ECONOMICS ASSOCIATION ANNUAL BUSINESS MEETING Presiding: Aparna Mitra President, SEA Friday, 5:30-6:30 p.m. SOUTHWESTERN ECONOMICS ASSOCIATION Page 21 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 PRESIDENT’S RECEPTION Officers, members, and friends of the Southwestern Economics Association are cordially invited to attend. Saturday 8:30 - 9:45 a.m. EC46: ROUND TABLE—ACADEMIC FREEDOM-CHALLENGES AND PROTECTIONS Interdisciplinary Session Moderator: David Ballard, Miami University—Middletown Participants: David Ballard, Tony Cooper, Brian Domino, Hilary Lerman, and Selcuk Misirlioglu, Miami University—Middletown Saturday 8:30 - 9:45 a.m. EC47: ECONOMICS OF UNCERTAINTY AND MICROECONOMICS Chair: Jorge Ibarra Salazar, Tecnológico de Monterrey 1. “A Comparative Analysis of Risk Elicitation Procedures,” Tina Wilson, Louisiana State University 2. “A Parametric Model of Ambiguity,” Igor Kopylov, University of California-Irvine 3. “Job Satisfaction in the United States of America,” Lay Khoo, Texas Woman's University 4. “Go For Broke or Play It Safe? Dynamic Competition with Choice of Variance,” Axel Anderson, Georgetown University and Luis Cabral, New York University Discussants: Ahmet Aysan, University of Maryland Fred Landry, Louisiana State University—Eunice Jorge Ibarra Salazar, Tecnológico de Monterrey Edmundo Ramos Sotelo, Tecnológico de Monterrey Saturday 8:30 - 9:45 a.m. EC48: INTERNATIONAL MONETARY ECONOMICS Chair: Larry Allen, Lamar University 1. “Reliability of Inflation Rate Targeting Around Times of Shocks,” Candelaria Olson Rodriguez, Zack Lutz and Ismail Genc, University of Idaho 2. “Bank Lending Channel in Developing Countries: The Case of Columbia,” Cesar Corredor, Texas A&M University 3. “Entry and Exit in International Markets: Evidence from Chilean Data,” Ricardo Lopez, Indiana University and Roberto Alvarez, University of California—Los Angeles 4. “Exported Retail Sales Along the Texas-Mexico Border,” Keith Phillips, Federal Reserve Bank of Dallas—San Antonio Branch and Roberto Coronado, Page 22 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Federal Reserve Bank of Dallas—El Paso Branch Discussants: Douglas Agbetsiafa, Indiana University—South Bend Malcolm Cross, Tarleton State University Diego Nocetti, University of Memphis Mark Tuttle, Sam Houston State University Saturday 8:30 - 9:45 a.m. EC49: ISSUES IN HEALTH ECONOMICS Thematic Session Chair: Charles Campbell, Mississippi State University 1. “A Hospital's Number One Patient is Profit,” Cynthia Evans, Austin College 2. “Your Money or Your Life: Managing Health, Managing Money,” Irina Grafova, University of Michigan (MOVED TO EC25 HEALTH ECONOMICS III) 3. “A Distribution Analysis of the Tradeoff Between Wages and Employer Provided Health Insurance,” Liye Zhu, Southern Methodist University (MOVED TO EC25: HEALTH ECONOMICS III, THURSDAY 2:30-3:45) 4. “Corporate Bigness in the Health-Care Industry,” Edward Nissan and George Carter, University of Southern Mississippi 5. “Estimating Hospital Efficiency: Comparing Results From Stochastic Frontier Analysis and Neural Networks for Single Output,” Shalini Bagga, Tulane University Discussants: Yanjing Chen, Emory University Tommy C. Meadows, Austin Peay State University John Topoleski, University of New Orleans Saturday 8:30 - 9:45 a.m. EC50: RESOURCES, THE ENVIRONMENT AND WEATHER I Interdisciplinary Session Chair: Albert Allen, Mississippi State University 1. “Subsidizing Agricultural Carbon Sequestration: Consideration of Externalities,” Levan Elbakidze, Texas A&M University 2. “Was Florida Prepared: The History of the Effect of Building Codes on Housing Projects in Florida,” Matt Jaremski, Austin College 3. “Putting a Price on Clarity: The Value of Visibility to Southern Appalachian Recreators,” Leah Greden Mathews, University of North Carolina—Asheville 4. “Discretion and the Criminalization of Environmental Law,” Dennis Cory and Charles Babbitt, University of Arizona; and Beth L. Kruchek, Arizona Court of Appeals 5. “WSR-88D Radar, Tornado Warnings, and Tornado Casualties,” Kevin Simmons, Austin College and Daniel Sutter, University of Oklahoma Discussants: Leonardo Gatica, University of Texas Rita Sharma, Clemson University Steven Shwiff, Texas A&M University—Commerce Page 23 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Erda Wang, Tarleton State University Saturday 10:00 - 11:15 a.m. EC51: INTERNATIONAL EVENTS AND COMPETITIVE STRATEGIES Chair: Alexander Kondonassis, University of Oklahoma 1. “Palestinian Violence in the Second Intifada: Explaining Suicide Attacks,” Basel Saleh, College of St. Benedict/St. John's University and Sean Yom, Harvard University 2. “Supply Chain Management in the Food Industry: The Case of Sub-Sahara Africa Countries,” Jonathan Elimimian, Albany State University and Anthony Negbenebor, Gardner-Webb University 3. “The Economic Effects of Digital Technology on the Market for Recorded Music,” Lynde , Metropolitan State College of Denver (MOVED TO EC45: INDUSTRIAL ORGANIZATION II, FRIDAY, 2:30-3:45) 4. “Changing Product Mix and Export Markets for Asian Economies,” Keunho Lee, Northern State University 5. “Micro-Finance in Ecuador: A Case Study of Sociedal Financiera Ecuatorial,” Sergio Castello, University of Mobile and Paul Huszar, Colorado State University Discussants: Jonathon Adams-Kane, University of California-Santa Cruz Jerry Plummer, Austin Peay State University Saturday 10:00 - 11:15 a.m. EC52: RESOURCES, THE ENVIRONMENT AND WEATHER II Thematic Session Chair: Chad Settle, University of Tulsa 1. “Technological Change and Capacity Management in the Harvesting of Renewable Resources,” Jason Murray, University of California—San Diego 2. “The Political Economy of Mitigation: Tornado Shelters and Oklahoma's State Question 696,” Eric Stephenson and Daniel Sutter, University of Oklahoma 3. “Effectiveness of New Property Insurance Laws According to Recent Hurricanes,” Megan McHugh and Elise Huebner, Austin College (COAUTHOR ADDED) 4. “Economic Sustainability of Louisiana Milk Production,” Wayne M. Gauthier and Ken Wegenhoft, Louisiana State University Agricultural Center (MOVED TO EC03 AGRICULTURAL ECONOMICS I, THURSDAY 8:30-9:45) 5. “Optimal Water Use: Is Anyone Getting the Right Incentives in California?” Samantha Dart, University of Chicago Discussants: Dennis Cory, University of Arizona Greg Hunter, California State University—Pomona Carl Montano, Lamar University Kalpana Pai, University of Texas—Dallas Roscoe Shain, Austin Peay State University Page 24 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Saturday 10:00 - 11:15 a.m. EC53: MACROECONOMICS AND ECONOMETRICS Chair: Rolando Pelaez, University of Houston—Downtown 1. “Disaggregated Business Fixed Investment: The Response of Structures and Equipment to Macroeconomic Fluctuations and Policies,” Mark Tuttle, Sam Houston State University and Jeffery Smith, Air Force Institute of Technology 2. “Robustness and Distributional Assumptions: You Can't Test One without Testing the Other,” Jeffrey Edwards and Benhua Yang, Texas Tech University 3. “Are Real GDP Levels Stationary? Evidence from Panel Data Tests Incorporating Structural Change,” Natalie Hegwood, Sam Houston State University Discussants: Stephen Armah, Emory University Ismail Genc, University of Idaho Margaret Loudermilk, Michigan State University Saturday 10:00 - 11:15 a.m. EC54: HUMAN CAPITAL, FAMILY DYNAMICS, AND LABOR MARKET ISSUES Joint Session with Women’s and Gender Studies Chair: Jorge Ibarra Salazar, Tecnológico de Monterrey 1. “Of Veils and Wedding Rings,” Birendra Rai, Texas A&M University 2. “The Effect of Malaria on Female Education Attainment: Evidence from Sri Lanka,” Adrienne Lucas and David Weil, Brown University 3. “Marriage, Divorce and Cohabitation,” Arianna Degan, Samuel Danthine, and Stephane Auray, Université du Québec à Montréal 4. “Dads, Your Time Matters: An Economic Analysis of the Importance of Father Involvement,” Jose Miguel M. Abito, National University of Singapore Discussants: Raul Moncarz, Florida International University Mostafa Soliman, Prairie View A&M University Saturday 10:00 - 11:15 a.m. EC55: REGIONAL ECONOMIC DEVELOPMENT STRATEGIES Chair: F. Jerry Ingram, University of Louisiana—Monroe 1. “Early Measurement of the Impact of a Tax Increment Financing Zone: The Corpus Christi Experience,” Marilyn Spencer and José Guardiola, Texas A&M University— Corpus Christi 2. “State Competition for Economic Development: Does it Lead to Broad Based Gains in the Standard of Living?” Daphne Greenwood, University of Colorado—Colorado Springs 3. “Fiscal Institutions' Index for the Mexican States,” Carmen Coindreau-Maiz and Iris Guerra-Turrubiates, Tecnológico de Monterrey Page 25 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 4. “The Use of Social Capital in Regional Economic Development,” Elizabeth Gardner, Austin College Discussants: David Bowes, Southeastern Louisiana University George Carter, University of Southern Mississippi Edward Nissan, University of Southern Mississippi Saturday 11:30 a.m. - 12:45 p.m. EC56: LABOR MARKETS Chair: Marilyn Spencer, Texas A&M University—Corpus Christi 1. “The Changing Employment Situation in Some Cities with Living Wage Ordinances,” James Buss, Fairfield University 2. “Home-Based Work, Human Capital Accumulation and Labor Force Participation,” Piyaluk Chutubtim, Texas A&M University (MOVED TO EC13 LABOR PRODUCTIVITY) 3. “Insourcing and the Effects on Information Technology Workers,” Mostafa Soliman, Prairie View A&M University 4. “Measuring the Value of Place: A Case Study of Recent College Graduates,” Kate Fuller University of North Carolina—Asheville 5. “Portfolio Decisions of Older American Workers: The Role of Private Pensions,” Huan Ni, State University of New York—Stony Brook Discussants: Shahira Ali, University of Southern Mississippi Shalini Bagga , Tulane University Abiodun Ojemakinde, Albany State University Saturday 11:30 a.m. - 12:45 p.m. EC57: ECONOMIC APPLICATIONS: SPORTS, WEATHER, AND AGRICULTURE Chair: Naveen Musunuru, University of Louisiana—Monroe 1. “The Incentive Effect of Tournaments: Evidence from Women's Professional Golf,” David L. May, Oklahoma City University 2. “Estimating the Value of Irrigation Water: A Hedonic Study,” Jeffrey D. Mullen and Julia Beckhusen, University of Georgia 3. “Tornado Shelters and Safe Room Mitigation: Who Will Really Protect Themselves?” Matt Jaremski, Austin College 4. “Insuring Uncertainty in Value Added Agriculture: Ethanol Production,” Nick Paulson, Iowa State University Discussants: Hung-Hao Chang, Cornell University Rolando Pelaez, University of Houston—Downtown Man Yu, Tarleton State University Saturday 11:30 a.m. - 12:45 p.m. EC58: THE ETHICS AND EFFICIENCY OF MARKETS Page 26 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Chair: Roy P. Patin, Midwestern State University 1. “The Ethical Foundation of Free Markets,” Charles Hawkins and Frank Cavaliere, Lamar University 2. “401(k) Plans and (No) New Savings: Evidence from Recent Survey Data Using Cohort Analysis,” John Topoleski, University of New Orleans 3. “News, Announcements and Stock Market Volatility Dynamics,” Jose Gonzalo Rangel, University of California—San Diego 4. “Household Finance International's Real Estate Subsidiary; Predatory Lending at its Finest,” Jerry Plummer, Tommy C. Meadows, and Roscoe Shain, Austin Peay State University Discussants: R. Morris Coats, Nicholls State University Lynde Gilliam, Metropolitan State College of Denver Gokhan Karahan, Nicholls State University Igor Kopylov, University of California—Irvine Saturday 11:30 a.m. - 12:45 p.m. EC59: BANKING, FINANCE, AND INVESTMENTS Chair: R. Stephen Elliott, Northwestern State University 1. “Social Security: A Privatized Solution,” Stephen Clayton, Austin College 2. “Banking Structure for the United States, Germany, and Japan Compared,” Frank Smith III, University of Southern Mississippi 3. “Realized Volatility and Betas of Crude Oil and Natural Gas Futures,” Jingtao Wu, Iowa State University 4. “Analysis of Precious Metals as Investments,” John Zimmerman, Oklahoma City University Discussants: John Hayes, Texas Tech University Pedro Romero, George Mason University Kevin Simmons, Austin College Hulya Arik, University of Connecticut Saturday 11:30 a.m. - 12:45 p.m. EC60: MACROECONOMICS II Chair: Matiur Rahman, McNeese State University 1. “De-dollarizing the Jamaican the Economy,” Andre Yone Haughton, University of the West Indies 2. “Buffer-Stock Saving with Durables and Flexible Labor Supply,” Myung-Ho Park, University of Michigan 3. “Prospect Theory and the Welfare Cost of Business Cycles,” Nazneen Ahmad, Wei Xiao University of New Orleans 4. “Politics, Inflation, and the Mundell-Tobin Effect,” Jeffrey Edwards, Texas Tech University Page 27 of 28 Program-Southwestern Economics Association, 2005 Revised 3/07/05 Discussants: Carlos Oyarzun, Texas A&M University Mohamad Shaaf, University of Central Oklahoma Fred Wallace, Prairie View A&M University Page 28 of 28