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Pages
- Title
- ALTERNATIVE INCOME SPECIFICATION IN MACROECONOMIC MODELS.
- Creator
- MELEAR, ERIK LAMONT., Florida Atlantic University, Hemley, David D., College of Business, Department of Economics
- Abstract/Description
-
This thesis emphasizes and evaluates the effect of different income specifications, absolute, relative and permanent, in the various stochastic equations comprising a macroeconomic model. Multiple least squares regression is employed to estimate the stochastic equations; and a dynamic multiplier simulation program evaluates the stability and calculates the impact and interim dynamic multipliers of each resultant model. The results point to an absolute income specification with the quickest...
Show moreThis thesis emphasizes and evaluates the effect of different income specifications, absolute, relative and permanent, in the various stochastic equations comprising a macroeconomic model. Multiple least squares regression is employed to estimate the stochastic equations; and a dynamic multiplier simulation program evaluates the stability and calculates the impact and interim dynamic multipliers of each resultant model. The results point to an absolute income specification with the quickest response to fiscal and monetary policy. In addition, there are inherent specification problems as enlightened by review of the size of the total impact multipliers.
Show less - Date Issued
- 1975
- PURL
- http://purl.flvc.org/fcla/dt/13736
- Subject Headings
- Income--Mathematical models
- Format
- Document (PDF)
- Title
- ALTERNATIVE VIEWS OF THE ECONOMIC EFFECTS OF GOVERNMENT DEFICITS.
- Creator
- TROMBINO, FRANK V., Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
- Abstract/Description
-
Federal government budget deficits and federal government debt have been the cause of controversy and debate in recent years. Economists have argued over the effects of government debt and government deficits in the economy. Of particular interest is the view that associates large government deficits and government debt to higher rates of interest and to reduced private investment in the economy. An alternative view contends that federal budget deficits and federal debt have no effect on...
Show moreFederal government budget deficits and federal government debt have been the cause of controversy and debate in recent years. Economists have argued over the effects of government debt and government deficits in the economy. Of particular interest is the view that associates large government deficits and government debt to higher rates of interest and to reduced private investment in the economy. An alternative view contends that federal budget deficits and federal debt have no effect on interest rates and private investment in the economy. Statistical techniques were used to test both views regarding the effects of budget deficits.
Show less - Date Issued
- 1986
- PURL
- http://purl.flvc.org/fcla/dt/14335
- Subject Headings
- Budget deficits--United States, Fiscal policy--United States
- Format
- Document (PDF)
- Title
- American lookback options: Early exercise.
- Creator
- Abramov, Viatcheslav Alexander., Florida Atlantic University, Yuhn, Ky-hyang, College of Business, Department of Economics
- Abstract/Description
-
Lookback options are path dependent contingent claims whose payoff depend on the extrema of a given security's price over a given period. Some of these options are already traded on specialized markets (such as foreign exchange) and mostly in over-the-counter market alongside with other path dependent options (knock-ins, knock-outs, etc.). This thesis examines the existing pricing models of conventional options as well as standard European lookback options and provides some results about...
Show moreLookback options are path dependent contingent claims whose payoff depend on the extrema of a given security's price over a given period. Some of these options are already traded on specialized markets (such as foreign exchange) and mostly in over-the-counter market alongside with other path dependent options (knock-ins, knock-outs, etc.). This thesis examines the existing pricing models of conventional options as well as standard European lookback options and provides some results about early exercise of their American counterparts with the use of notions from the theory of optimal stopping.
Show less - Date Issued
- 1995
- PURL
- http://purl.flvc.org/fcla/dt/15177
- Subject Headings
- Options (Finance), Derivative securities
- Format
- Document (PDF)
- Title
- An Empirical Analysis of The Impact of Mandatory Membership Fee on Residential Real Estate Price.
- Creator
- Gifford, Trishanna, Caudill, Steven, Florida Atlantic University, Department of Economics, College of Business
- Abstract/Description
-
This empirical study examines the impact of a homeowners association (HOA) mandatory membership fee on residential real estate prices, a topic that has not been empirically addressed in the real estate literature. A mandatory membership fee is defined as an initiation fee charged by HOAs that grants homeowners country club access. Many studies have examined the impact of the presence of homeowners associations on price but only a few studies have examined the impact of homeowners associations...
Show moreThis empirical study examines the impact of a homeowners association (HOA) mandatory membership fee on residential real estate prices, a topic that has not been empirically addressed in the real estate literature. A mandatory membership fee is defined as an initiation fee charged by HOAs that grants homeowners country club access. Many studies have examined the impact of the presence of homeowners associations on price but only a few studies have examined the impact of homeowners associations on price by estimating the impact of homeowners association fees. This research expands the HOA literature by examining the specific HOA fee characteristics of a mandatory membership fee. In this analysis, hedonic price models (HPM) are used to estimate the impact of mandatory membership fee on price by analyzing 31,704 observations of single family home sales between 2018 and 2019 in Palm Beach County, Florida using data from a local multiple listing service. Specifically, Ordinary Least Squares (OLS) models using two dependent variables, sold price and natural log of sold price, with mandatory membership fee as the independent variable of interest are used to estimate the relationship between mandatory membership fee and sales price. By controlling for property, neighborhood, and market characteristics, the hypothesis I investigate states that the impact of the presence of a mandatory membership fee on sales price is negative.
Show less - Date Issued
- 2023
- PURL
- http://purl.flvc.org/fau/fd/FA00014345
- Subject Headings
- Housing--Prices, Residential real estate, Homeowners' associations, Hedonic pricing
- Format
- Document (PDF)
- Title
- ANALYSIS OF A LOCAL ECONOMY WITH AN ECONOMETRIC MODEL.
- Creator
- OPALAT, STEPHEN E., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
The purpose of this thesis is to present an econometric model for the region of Palm Beach County. This type of economic analysis was chosen because it captures the influence of the service and trade industries as well as the simultaneous nature of other industries which dominate the local economy. The estimation results identified the construction industry as a leading indicator of economic activity in transportation, communications, utilities, finance, insurance and real estate. This...
Show moreThe purpose of this thesis is to present an econometric model for the region of Palm Beach County. This type of economic analysis was chosen because it captures the influence of the service and trade industries as well as the simultaneous nature of other industries which dominate the local economy. The estimation results identified the construction industry as a leading indicator of economic activity in transportation, communications, utilities, finance, insurance and real estate. This simultaneous structure of the model led to the application of various multipler analyses. It was found that local construction output affected gross regional product, local personal income and local total employment. National personal income was found to influence local trade which in turn affects levels of local output, employment and income.
Show less - Date Issued
- 1984
- PURL
- http://purl.flvc.org/fcla/dt/14221
- Subject Headings
- Econometrics, Palm Beach County (Fla)--Economic conditions--Econometric models
- Format
- Document (PDF)
- Title
- AN ANALYSIS OF ALIEN EXPULSION IN GHANA.
- Creator
- BEVAN, LINDA ESTELLE RACE., Florida Atlantic University, Nicholas, James C., College of Business, Department of Economics
- Abstract/Description
-
The rising fervor of nationalism in post-colonial Ghana culminated in hatred of foreigners and fear of alien control of economic enterprises. As a result of this growing anti-alien sentiment, all aliens without valid residence permits were expelled from Ghana in late 1969. The purpose of alien expulsion was to increase domestic employment by offering to Ghanaians the positions previously held by aliens. This thesis examines the economic logic of alien expulsion. Certain assumptions had to...
Show moreThe rising fervor of nationalism in post-colonial Ghana culminated in hatred of foreigners and fear of alien control of economic enterprises. As a result of this growing anti-alien sentiment, all aliens without valid residence permits were expelled from Ghana in late 1969. The purpose of alien expulsion was to increase domestic employment by offering to Ghanaians the positions previously held by aliens. This thesis examines the economic logic of alien expulsion. Certain assumptions had to have been made in order for alien expulsion to increase domestic employment. Each of these assumptions is examined to see if it accurately depicted the conditions it described. The results of alien expulsion are then examined in light of the logic set up by this thesis.
Show less - Date Issued
- 1972
- PURL
- http://purl.flvc.org/fcla/dt/13530
- Subject Headings
- Aliens--Law and legislation--Ghana, Unemployment--Ghana, Ghana--Economic policy, Ghana--Politics and government--1957-1979
- Format
- Document (PDF)
- Title
- AN ANALYSIS OF PUBLIC EXPENDITURE FOR FLORIDA METROPOLITAN AND NON-METROPOLITAN COUNTIES.
- Creator
- MURPHY, JOSEPH WILLIAM., Florida Atlantic University, Hemley, David D., College of Business, Department of Economics
- Abstract/Description
-
This study deals with development, estimation, and application of a constrained welfare maximization model to the counties of the state of Florida. This model was suggested by James M. Henderson and is developed from microeconomic concepts. A survey of the literature concerning public expenditure begins the study. This is proceeded by the derivation of the regression equations which are derived from the concept of constrained welfare maximization. Estimation of the model involves aggregation...
Show moreThis study deals with development, estimation, and application of a constrained welfare maximization model to the counties of the state of Florida. This model was suggested by James M. Henderson and is developed from microeconomic concepts. A survey of the literature concerning public expenditure begins the study. This is proceeded by the derivation of the regression equations which are derived from the concept of constrained welfare maximization. Estimation of the model involves aggregation into metropolitan counties and non-metropolitan counties of Florida county data and the subsequent categorization of counties. Empirical estimation of the desired coefficient enables the exumination of the involved elasticities and the endogenous variable response to changes in the exogenous variables.
Show less - Date Issued
- 1974
- PURL
- http://purl.flvc.org/fcla/dt/13652
- Subject Headings
- Expenditures, Public, Florida--Economic conditions
- Format
- Document (PDF)
- Title
- Analysis of the effects of local land use legislation and monetary policy on real estate development.
- Creator
- Kirkpatrick, Blake Wilson., Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
- Abstract/Description
-
Countless studies have been conducted to determine how the real estate market reacts to the economy. The most accurate studies contemplate both macroeconomic and microeconomic variables simultaneously. In analyzing real estate markets, both monetary policy and regional factors must be examined to obtain an accurate portrayal of both national and local trends. One regional factor that has affected all real estate markets, especially in the southern states, is local land use legislation. Due to...
Show moreCountless studies have been conducted to determine how the real estate market reacts to the economy. The most accurate studies contemplate both macroeconomic and microeconomic variables simultaneously. In analyzing real estate markets, both monetary policy and regional factors must be examined to obtain an accurate portrayal of both national and local trends. One regional factor that has affected all real estate markets, especially in the southern states, is local land use legislation. Due to rapid increases in population, various states have enacted growth management policies to ensure stable expansion within their regions. This study utilizes data for Broward County, Florida, to assess the impact of land use legislation on the local real estate market in comparison to macroeconomic variables. The empirical results clearly demonstrate that legislation can exert a greater influence on local housing market activity during certain periods than can macroeconomic factors such as interest rates.
Show less - Date Issued
- 1995
- PURL
- http://purl.flvc.org/fcla/dt/15224
- Subject Headings
- Real estate development--Florida--Broward County, Land use--Law and legislation, Real estate development--Law and legislation
- Format
- Document (PDF)
- Title
- AN AREA OF CRITICAL ENVIRONMENTAL CONCERN: THE CASE OF THE FLORIDA KEYS.
- Creator
- CRAWFORD, CAROL COOPER., Florida Atlantic University, Nicholas, James C., College of Business, Department of Economics
- Abstract/Description
-
This thesis includes an overview of modern land use regulation from the Euclid decision in 1926 to the American Law Institute's Model Land Development Code. The main emphasis of this thesis is the Code's "districts of critical state concern". Florida, in enacting the Environmental Land and Water Management Act in 1972, used the ALI Code as a model for its "areas of critical state concern". The Florida Keys are studied in this thesis in regards to this type of designation in order to research...
Show moreThis thesis includes an overview of modern land use regulation from the Euclid decision in 1926 to the American Law Institute's Model Land Development Code. The main emphasis of this thesis is the Code's "districts of critical state concern". Florida, in enacting the Environmental Land and Water Management Act in 1972, used the ALI Code as a model for its "areas of critical state concern". The Florida Keys are studied in this thesis in regards to this type of designation in order to research the intergovernmental aspects and problems of this legislation. A survey of the people of the Keys and interviews with their elected officials during the first few months following their designation as one of critical state concern uncovered some of the inherent difficulties involved when the state imposes its guidelines on a local municipality within the ALI context.
Show less - Date Issued
- 1975
- PURL
- http://purl.flvc.org/fcla/dt/13750
- Subject Headings
- Land use--Law and legislation--Florida--Florida Keys, Florida Keys (Fla)
- Format
- Document (PDF)
- Title
- AUTOMATIC STABILIZERS DURING STAGFLATION.
- Creator
- MCINTIRE, RICHARD MICHAEL., Florida Atlantic University, Redman, Milton, College of Business, Department of Economics
- Abstract/Description
-
This thesis explored the impact of inflation upon fiscal automatic stabilizers during the 1973-75 recession. Our study confined itself to the three main devices purported to stabilize the U.S. economy automatically: (1) federal personal income tax liability, (2) corporate profits tax liability, and (3) unemployment compensation benefits. A recursive model, similar to that used by Dusenberry, Eckstein, and Fromm to study fiscal automatic stabilizers in the 1957-58 recession, was constructed....
Show moreThis thesis explored the impact of inflation upon fiscal automatic stabilizers during the 1973-75 recession. Our study confined itself to the three main devices purported to stabilize the U.S. economy automatically: (1) federal personal income tax liability, (2) corporate profits tax liability, and (3) unemployment compensation benefits. A recursive model, similar to that used by Dusenberry, Eckstein, and Fromm to study fiscal automatic stabilizers in the 1957-58 recession, was constructed. Our simulation results led us to conclude that there was a substantial reduction in output and employment due to the impact of inflation upon federal personal income tax liability in the 1973-75 recession. We reached a tentative conclusion that the effects of inflation upon output and employment via corporate profits tax liability were negligible. Finally, we concluded that the effects of inflation upon output and employment via unemployment compensation benefits paid were negligible in the recent stagflation.
Show less - Date Issued
- 1978
- PURL
- http://purl.flvc.org/fcla/dt/13919
- Subject Headings
- Economics, Mathematical, United States--Economic conditions--Mathematical models
- Format
- Document (PDF)
- Title
- Balance of payments theories and the impact of currency devaluation with reference to the Gambia.
- Creator
- Taal, Badara Alioune F., Florida Atlantic University, Scott, Gerald E., College of Business, Department of Economics
- Abstract/Description
-
Balance of payments theories have been developed to examine the impact of various factors in a nation's payments position. This thesis sets out to investigate the impact of currency devaluation in small LDC nations, particularly the Gambia. The Gambia has been struggling with balance of payment deficits brought about by many factors, amongst which external debt service payments have played a very significant role. The models recommended by the various theories are very closely examined in...
Show moreBalance of payments theories have been developed to examine the impact of various factors in a nation's payments position. This thesis sets out to investigate the impact of currency devaluation in small LDC nations, particularly the Gambia. The Gambia has been struggling with balance of payment deficits brought about by many factors, amongst which external debt service payments have played a very significant role. The models recommended by the various theories are very closely examined in this endeavour followed by an empirical analysis to specifically determine the exact nature of the impact of currency devaluation to the economy of the Gambia.
Show less - Date Issued
- 1993
- PURL
- http://purl.flvc.org/fcla/dt/14905
- Subject Headings
- Gambia--Economic conditions, Developing countries--Economic conditions, Devaluation of currency--Gambia, Balance of payments--Gambia
- Format
- Document (PDF)
- Title
- Bayesian econometrics: Analysis and illustrations.
- Creator
- Giakoumatos, Gerasimos S., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
This thesis presents the theory and an application of Bayesian econometrics. The classical theory of econometrics is also presented for a comparison study. In the Bayesian case the theory of the prior information, which is the distinguishing characteristic of the Bayesian approach, is presented by considering the cases of informative and non-informative priors. The classical and Bayesian approach represent the two fundamental, although opposite in the concept of probability, schools of...
Show moreThis thesis presents the theory and an application of Bayesian econometrics. The classical theory of econometrics is also presented for a comparison study. In the Bayesian case the theory of the prior information, which is the distinguishing characteristic of the Bayesian approach, is presented by considering the cases of informative and non-informative priors. The classical and Bayesian approach represent the two fundamental, although opposite in the concept of probability, schools of thought in statistics and econometrics. An application to the estimation of standard macroeconomic equations is also included where both classical and Bayesian techniques are employed.
Show less - Date Issued
- 1988
- PURL
- http://purl.flvc.org/fcla/dt/14484
- Subject Headings
- Bayesian statistical decision theory
- Format
- Document (PDF)
- Title
- THE CAPITAL ASSET PRICING MODEL.
- Creator
- Ayala, Mary D., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
This thesis reviews the majot' literature associated with the Capital Asset Pricing Model with emphasis on related controversial issues. The model's underlying theories, developed by Harry Markowitz and James Tobin, are presented first. This is followed by themathematicalderivation, developed by William Sharpe. Special attention is given to the controversial assumptions imposea by Markowitz and Tobin, which emerge in the CAPM. Major tests of the CAPM are reviewed next: and the empirical...
Show moreThis thesis reviews the majot' literature associated with the Capital Asset Pricing Model with emphasis on related controversial issues. The model's underlying theories, developed by Harry Markowitz and James Tobin, are presented first. This is followed by themathematicalderivation, developed by William Sharpe. Special attention is given to the controversial assumptions imposea by Markowitz and Tobin, which emerge in the CAPM. Major tests of the CAPM are reviewed next: and the empirical problems associated with test design are highlighted. It is shown that variations in test design produce controversial test results. The specific tests reviewed here fail to provide strong support for the nodel; nevertheless it becomes evident that such tests fostered a vast outpouring of new and extended models. The CAPM remains a breakthrough in financial and economic literature which deserves to be explored even more intensely in the future.
Show less - Date Issued
- 1981
- PURL
- http://purl.flvc.org/fcla/dt/14067
- Subject Headings
- Capital assets pricing model
- Format
- Document (PDF)
- Title
- A comparative analysis of three oligopoly models.
- Creator
- Perez, Carlos Francisco., Florida Atlantic University, Hung, Chao-shun, College of Business, Department of Economics
- Abstract/Description
-
This thesis examines as well as compares three oligopoly models. In Seade (1980), the effect of entry on outputs and profits is analyzed. Firms may respond to entry in a perverse way by increasing their outputs. The equilibrium price set by firms always rests above marginal costs. In Perloff and Salop (1985), the focus is on the effect of both limited and unlimited entry on oligopoly pricing behavior. Firms may set their equilibrium price equal to marginal cost; therefore, an oligopoly may...
Show moreThis thesis examines as well as compares three oligopoly models. In Seade (1980), the effect of entry on outputs and profits is analyzed. Firms may respond to entry in a perverse way by increasing their outputs. The equilibrium price set by firms always rests above marginal costs. In Perloff and Salop (1985), the focus is on the effect of both limited and unlimited entry on oligopoly pricing behavior. Firms may set their equilibrium price equal to marginal cost; therefore, an oligopoly may behave like a perfectly competitive industry. Salop (1979) offers a spatial model of oligopoly. The measure of the degree of monopolistic competition differs from that of Perloff and Salop (1985). The response of firms to changes in both demand and costs also differs between Salop (1979), and Perloff and Salop (1985).
Show less - Date Issued
- 1991
- PURL
- http://purl.flvc.org/fcla/dt/14738
- Subject Headings
- Oligopolies--Models
- Format
- Document (PDF)
- Title
- COMPETITION AND PRICES IN A PERFECTLY COMPETITIVE ECONOMY.
- Creator
- HORNER, GEORGE FRENCH, JR., Florida Atlantic University, Scheidell, John M., College of Business, Department of Economics
- Abstract/Description
-
In classical economic theory, competition consisted of buyers outbidding one another and sellers underbidding one another; and it was argued that, for sufficiently large markets, competition would yield uniform prices in equilibrium. Neoclassical economists subsequently investigated the role of preferences in trading, concluding that, in equilibrium, each trader would obtain the most desirable commodity bundle affordable at prevailing prices, given his initial resources. In the process,...
Show moreIn classical economic theory, competition consisted of buyers outbidding one another and sellers underbidding one another; and it was argued that, for sufficiently large markets, competition would yield uniform prices in equilibrium. Neoclassical economists subsequently investigated the role of preferences in trading, concluding that, in equilibrium, each trader would obtain the most desirable commodity bundle affordable at prevailing prices, given his initial resources. In the process, however, neoclassical economists ultimately made price uniformity an assumption, assumed individuals incapable of influencing prices under any circumstances, and redefined competition to mean price-taking behavior. By thus denying individuals any active role in price determination, an inconsistency was introduced into the theory. This thesis eliminates the inconsistency by combining classical competitive behavior and the neoclassical insights into the role of preferences, to produce an axiomatic theory of competition within which the characteristics of equilibrium (uniform prices and utility maximization) are rigorously derived.
Show less - Date Issued
- 1982
- PURL
- http://purl.flvc.org/fcla/dt/14128
- Subject Headings
- Competition, Prices
- Format
- Document (PDF)
- Title
- Concert fee determination: A game-theoretic approach.
- Creator
- Brooks, Arthur Charles., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
This thesis is in three parts. In the first, the cultural economics literature which concerns the labor market for musicians is reviewed and its major theoretical and empirical points are examined. The second part begins by briefly surveying the history and main topics in game theory, providing sufficient background for an understanding of the simplified Rubinstein-Stahl bargaining model, which is then described. The third part applies this model to the process by which concert fees are...
Show moreThis thesis is in three parts. In the first, the cultural economics literature which concerns the labor market for musicians is reviewed and its major theoretical and empirical points are examined. The second part begins by briefly surveying the history and main topics in game theory, providing sufficient background for an understanding of the simplified Rubinstein-Stahl bargaining model, which is then described. The third part applies this model to the process by which concert fees are settled upon, and leads to a number of conclusions. Among these are that subjective discount rates reflect bargaining power in the situation described, and that these discount rates are affected by the notorieties of the parties involved.
Show less - Date Issued
- 1994
- PURL
- http://purl.flvc.org/fcla/dt/15040
- Subject Headings
- Game theory, Fees, Professional, Musicians--Fees, Performing arts--United States--Finance
- Format
- Document (PDF)
- Title
- Conjectural variations in models of the oligopoly.
- Creator
- Brown, Roger Joseph Jr., Florida Atlantic University, Hung, Chao-shun, College of Business, Department of Economics
- Abstract/Description
-
This thesis reviews the contemporary work in the area of the role of conjectural variations on the equilibrium price and quantity, in models of the oligopolistic industry. Industry is shown to be capable of producing from the competitive output, to the monopolistic, depending on the conjectural variations of the industry members. Furthermore, it is shown that the results are independent of the number of firms within the industry, as opposed to the classic Cournot model of the oligopoly....
Show moreThis thesis reviews the contemporary work in the area of the role of conjectural variations on the equilibrium price and quantity, in models of the oligopolistic industry. Industry is shown to be capable of producing from the competitive output, to the monopolistic, depending on the conjectural variations of the industry members. Furthermore, it is shown that the results are independent of the number of firms within the industry, as opposed to the classic Cournot model of the oligopoly. Additionally, the notion of consistency of conjectures is reviewed, that is when firms' conjectures regarding their rivals are correct. The imposed requirement of consistency of conjectures is shown to result in a unique price-quantity solution. This latter unique solution is further investigated, by incorporating simple transport costs into the oligopoly model.
Show less - Date Issued
- 1988
- PURL
- http://purl.flvc.org/fcla/dt/14458
- Subject Headings
- Oligopolies
- Format
- Document (PDF)
- Title
- COST FUNCTIONS FOR FLORIDA HOSPITALS: AN ECONOMETRIC STUDY.
- Creator
- PIKE, STEVEN WESLEY., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
The theoretical specification of empirical issues associated with statistical cost functions are reviewed. This is followed by a review of the major works in the field of hospital cost function estimation. The final chapter contains an econometric estimation of cost functions for Florida hospitals in 1976. Included are estimations of total and average cost functions specified as functions of output alone. Additional variables are added to the specification of the average cost function...
Show moreThe theoretical specification of empirical issues associated with statistical cost functions are reviewed. This is followed by a review of the major works in the field of hospital cost function estimation. The final chapter contains an econometric estimation of cost functions for Florida hospitals in 1976. Included are estimations of total and average cost functions specified as functions of output alone. Additional variables are added to the specification of the average cost function including: speed of production; product heterogeneity; urbanization; control of the hospital and the interactions of control with speed of production; and product complexity. These variables significantly improve the explanatory power of the function which results in an inverted L-shaped curve.
Show less - Date Issued
- 1980
- PURL
- http://purl.flvc.org/fcla/dt/14012
- Subject Headings
- Hospitals--Florida--Cost of operation
- Format
- Document (PDF)
- Title
- DENTAL PRODUCTIVITY POTENTIAL IN FLORIDA.
- Creator
- EFSTATHIOU, PANOS E., Florida Atlantic University, Scheidell, John M., College of Business, Department of Economics
- Abstract/Description
-
This thesis contains an investigation of the potential for increasing dental productivity in Florida. This investigation of the Florida dental care industry is conducted from a micro-economic-theoretical perspective. It is performed under a methodological framework that incorporates the estimation of a dental production function for Florida using data on general practices from the ADA 1977 Survey of Dental Practice and employing the transcendental logarithmic production function. As a...
Show moreThis thesis contains an investigation of the potential for increasing dental productivity in Florida. This investigation of the Florida dental care industry is conducted from a micro-economic-theoretical perspective. It is performed under a methodological framework that incorporates the estimation of a dental production function for Florida using data on general practices from the ADA 1977 Survey of Dental Practice and employing the transcendental logarithmic production function. As a complement to this estimation a survey of the relevant literature and an examination of the general characteristics of Florida dental practices are presented. The general implication is that the productivity of Florida practices could be increased and associated delivery costs could be reduced by expanding the market for dental services, adding more staff, and increasing the number of dentists per practice, as well as by a more efficient use of dental personnel including auxiliaries with expanded functions.
Show less - Date Issued
- 1982
- PURL
- http://purl.flvc.org/fcla/dt/14107
- Subject Headings
- Dental economics--Florida
- Format
- Document (PDF)
- Title
- THE DETERMINANTS OF EXPORT PERFORMANCE.
- Creator
- FISCHLOWITZ, ELODIE., Florida Atlantic University, Lall, Rajiv, College of Business, Department of Economics
- Abstract/Description
-
Neoclassical trade theory and its extensions are presented to provide a basis for understanding the determinants of export performance. Past empirical studies are also utilized to aid in the formulation of hypotheses to explain revealed comparative advantage .in the case of Indian exports. A cross-sectoral analysis of 57 manufacturing industries within India employs both economic and policy explanatory variables. Ordinary least squares and Probit methods test the potential determinants of...
Show moreNeoclassical trade theory and its extensions are presented to provide a basis for understanding the determinants of export performance. Past empirical studies are also utilized to aid in the formulation of hypotheses to explain revealed comparative advantage .in the case of Indian exports. A cross-sectoral analysis of 57 manufacturing industries within India employs both economic and policy explanatory variables. Ordinary least squares and Probit methods test the potential determinants of export performance and direction of trade.
Show less - Date Issued
- 1984
- PURL
- http://purl.flvc.org/fcla/dt/14204
- Subject Headings
- Export marketing, Export sales contracts--India
- Format
- Document (PDF)