Current Search: Manage, Neela D. (x)
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- Title
- Adjustment of prices for quality change: A hedonic analysis of domestic passenger airfare.
- Creator
- Mourey, Kimberly Ayesha., Florida Atlantic University, Manage, Neela D.
- Abstract/Description
-
Adjusting prices for quality change is an important issue. This study employs a hedonic quality measurement technique to assess the effects of quality on domestic passenger airfare. The econometric analysis utilizes pooled quarterly data on average fare for the largest-share and the lowest-fare carriers, for each of the approximately top 1,000 routes from 1996:Q3 to 1998:Q2. The hedonic regression specifies airfare as a function of distance, total passengers, market share of the airline, and...
Show moreAdjusting prices for quality change is an important issue. This study employs a hedonic quality measurement technique to assess the effects of quality on domestic passenger airfare. The econometric analysis utilizes pooled quarterly data on average fare for the largest-share and the lowest-fare carriers, for each of the approximately top 1,000 routes from 1996:Q3 to 1998:Q2. The hedonic regression specifies airfare as a function of distance, total passengers, market share of the airline, and quality variables measuring on-time performance, oversales, baggage handling, complaints, and airline safety. Quality characteristics are found to have several important effects on airfare. Oversales revealed a statistically significant impact on airfare for all distance blocks, passenger complaints were important on short and long routes, and on-time performance and baggage handling were valued by customers only on shorter routes. Competition from low-fare carriers, and differences between airline groups are also identified to be important factors.
Show less - Date Issued
- 1999
- PURL
- http://purl.flvc.org/fcla/dt/15634
- Subject Headings
- Airlines--Rates, Airlines--Management
- Format
- Document (PDF)
- Title
- Hospital mergers in the mid 1990s: Predicting likely targets.
- Creator
- Drpic, Ingrid Giovanna., Florida Atlantic University, Manage, Neela D.
- Abstract/Description
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Consolidation of the hospital industry is occurring at an increasing pace in the 1990s. This recent rise in mergers and acquisitions has prompted interest in what characteristics make certain hospitals good takeover targets. This study compares hospital and regional differences between 11 acquired versus 296 non-acquired hospitals in Texas one year prior to takeover in 1995. A stochastic frontier model and PROBIT model were used to determine which characteristics suggest takeover likelihood....
Show moreConsolidation of the hospital industry is occurring at an increasing pace in the 1990s. This recent rise in mergers and acquisitions has prompted interest in what characteristics make certain hospitals good takeover targets. This study compares hospital and regional differences between 11 acquired versus 296 non-acquired hospitals in Texas one year prior to takeover in 1995. A stochastic frontier model and PROBIT model were used to determine which characteristics suggest takeover likelihood. The findings indicate that inefficiency is highly significant in predicting which hospitals make good takeover candidates. Hospitals in counties with large populations and with a large senior citizen community are also significant indicators of potential acquisition. The results suggest that these acquisitions are a market mechanism for disciplining inefficient hospitals.
Show less - Date Issued
- 1997
- PURL
- http://purl.flvc.org/fcla/dt/15492
- Subject Headings
- Hospital mergers, Hospital mergers--United States, Hospitals--Administration
- 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
- ECONOMIC IMPLICATIONS OF GOVERNMENT DEBT AND DEFICITS: DEBT NEUTRALITY OR CROWDING OUT?.
- Creator
- BROSNAHAN, GARY W., Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
- Abstract/Description
-
The economic implications of federal government debt and deficits have been the source of much debate in the past, and will continue to be for many years to come. Economists are far from agreement with respect to the effects that government borrowing has on the economy. Two major schools of thought have emerged which arrive at seemingly contrary conclusions. One school of thought contends that government bonds are perceived as net wealth by the public, and that government borrowing crowds out...
Show moreThe economic implications of federal government debt and deficits have been the source of much debate in the past, and will continue to be for many years to come. Economists are far from agreement with respect to the effects that government borrowing has on the economy. Two major schools of thought have emerged which arrive at seemingly contrary conclusions. One school of thought contends that government bonds are perceived as net wealth by the public, and that government borrowing crowds out private investment, while the other school of thought arrives at precisely the opposite conclusions. An empirical investigation was used to test the validity of the conclusions of these schools of thought.
Show less - Date Issued
- 1987
- PURL
- http://purl.flvc.org/fcla/dt/14383
- Subject Headings
- Debts, Public, Budget deficits
- 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
- Privatization: A process of economic transformation in modern economies.
- Creator
- Arbey, Bulent Mehmet., Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
- Abstract/Description
-
In recent years it is widely believed that an increase in economic activity determined by market forces, contributes to higher productivity, faster economic growth, and lower budget deficits. Developing countries, in particular, are attempting to increase the share of the private sector in their economies in order to accelerate the process of development. This thesis describes the concept of privatization and alternative models of the privatization process. A cross-section of forty-nine...
Show moreIn recent years it is widely believed that an increase in economic activity determined by market forces, contributes to higher productivity, faster economic growth, and lower budget deficits. Developing countries, in particular, are attempting to increase the share of the private sector in their economies in order to accelerate the process of development. This thesis describes the concept of privatization and alternative models of the privatization process. A cross-section of forty-nine countries is utilized to empirically assess the impact of privatization on economic growth.
Show less - Date Issued
- 1993
- PURL
- http://purl.flvc.org/fcla/dt/14942
- Subject Headings
- Privatization, Economic development
- Format
- Document (PDF)
- Title
- Pollution control success in the United States: A cross sectional analysis.
- Creator
- Carr, Jered Byron Jr., Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
- Abstract/Description
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This thesis empirically examined pollution control success in the United States during the period 1987 to 1992. The purpose of this analysis was to determine whether pollution control success can be predicted by a set of factors suggested by the economics literature as being important to effective control of pollution. Multiple regression analyses were performed on dependent variables representing air, water, and solid waste quality. It was found that although the predictors of pollution...
Show moreThis thesis empirically examined pollution control success in the United States during the period 1987 to 1992. The purpose of this analysis was to determine whether pollution control success can be predicted by a set of factors suggested by the economics literature as being important to effective control of pollution. Multiple regression analyses were performed on dependent variables representing air, water, and solid waste quality. It was found that although the predictors of pollution control success differ across the three types of pollution, variables representing pollution abatement expenditures and strength of enforcement were important throughout.
Show less - Date Issued
- 1994
- PURL
- http://purl.flvc.org/fcla/dt/15092
- Subject Headings
- Pollution, Pollution, Environmental protection--Economic aspects, Environmental protection
- Format
- Document (PDF)
- Title
- A STUDY OF INFLATION IN THE GREEK ECONOMY DURING 1958-1980.
- Creator
- PRINOS, XENOPHON ATHAN., Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
- Abstract/Description
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This thesis empirically analyzes the problem of inflation in the Greek economy. The study is based upon annual data for the period 1958 to 1980. The econometric analysis is primarily based upon the Scandinavian model of inflation for a small open economy. This model explains inflation by structural differences in productivity between sectors and a transmission mechanism which links world inflation to domestic inflation. This study also examines an extended Phillips curve model which considers...
Show moreThis thesis empirically analyzes the problem of inflation in the Greek economy. The study is based upon annual data for the period 1958 to 1980. The econometric analysis is primarily based upon the Scandinavian model of inflation for a small open economy. This model explains inflation by structural differences in productivity between sectors and a transmission mechanism which links world inflation to domestic inflation. This study also examines an extended Phillips curve model which considers both excess demand variables and structural factors. The results indicate that the above models provide fairly good explanations of the inflationary process in Greece.
Show less - Date Issued
- 1983
- PURL
- http://purl.flvc.org/fcla/dt/14170
- Subject Headings
- Inflation (Finance)--Greece, Greece--Economic conditions--1918-
- Format
- Document (PDF)
- Title
- An empirical analysis of consumption behavior for selected European economies.
- Creator
- Lyroudi, Katerina., Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
- Abstract/Description
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This thesis first outlines the main theoretical approaches to the consumption function, such as the Absolute Income Hypothesis, the Relative Income Hypothesis, the Life-Cycle Hypothesis and the Permanent Income Hypothesis. Furthermore, it highlights the importance of expectations for consumption behavior and presents an econometric specification of the consumption function, utilizing the adaptive and rational expectations formation mechanisms. Important empirical issues regarding the...
Show moreThis thesis first outlines the main theoretical approaches to the consumption function, such as the Absolute Income Hypothesis, the Relative Income Hypothesis, the Life-Cycle Hypothesis and the Permanent Income Hypothesis. Furthermore, it highlights the importance of expectations for consumption behavior and presents an econometric specification of the consumption function, utilizing the adaptive and rational expectations formation mechanisms. Important empirical issues regarding the inclusion of other determinants of consumption are also discussed. Finally, an econometric analysis of consumption for Greece, Germany, France, Italy and the United Kingdom is presented.
Show less - Date Issued
- 1988
- PURL
- http://purl.flvc.org/fcla/dt/14444
- Subject Headings
- Consumption (Economics)--Europe
- Format
- Document (PDF)
- Title
- A dynamic model of aggregate money demand in a European Monetary Union.
- Creator
- Rubin, Jonathan Laurence., Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
- Abstract/Description
-
Recent proposals for a European Monetary Union raise the prospect of a European-wide monetary authority. Successful implementation of monetary policy by a European central bank would require the existence of a stable relationship between the quantity of money demanded and other macro-variables. This thesis examines the issues and controversies arising from the movement towards European Monetary Union as envisaged by the Maastricht treaty. The theoretical basis of the estimation of dynamic...
Show moreRecent proposals for a European Monetary Union raise the prospect of a European-wide monetary authority. Successful implementation of monetary policy by a European central bank would require the existence of a stable relationship between the quantity of money demanded and other macro-variables. This thesis examines the issues and controversies arising from the movement towards European Monetary Union as envisaged by the Maastricht treaty. The theoretical basis of the estimation of dynamic money demand relationships is presented, and a dynamic error-correction model of a nine-country aggregate money demand function is estimated.
Show less - Date Issued
- 1993
- PURL
- http://purl.flvc.org/fcla/dt/14913
- Subject Headings
- Money--European Economic Community countries, Monetary policy--European Economic Community countries, Monetary unions--European Economic Community countries, European Economic Community countries--Economic policy
- Format
- Document (PDF)
- Title
- MONETARY POLICY TARGETS IN TURKEY: AN ANALYSIS OF CAUSALITY AND CONTROLLABILITY.
- Creator
- Akyurek, Cem Ahmet, Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
- Abstract/Description
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This study analyzes the formulation of monetary policy in the Turkish economy on the basis of intermediate policy targets. Two monetary aggregates and four credit aggregates are identified as potential intermediate targets of monetary policy. The causal relationship between these variables and GNP as well as prices is estimated by utilizing Granger and Sims tests for causality. The degree to which these targets are controlled by changes in the monetary base is examined by using regression...
Show moreThis study analyzes the formulation of monetary policy in the Turkish economy on the basis of intermediate policy targets. Two monetary aggregates and four credit aggregates are identified as potential intermediate targets of monetary policy. The causal relationship between these variables and GNP as well as prices is estimated by utilizing Granger and Sims tests for causality. The degree to which these targets are controlled by changes in the monetary base is examined by using regression analysis. Finally, this study briefly examines the major sources of the monetary base in the Turkish economy.
Show less - Date Issued
- 1985
- PURL
- http://purl.flvc.org/fcla/dt/14259
- Subject Headings
- Monetary policy--Turkey--Analysis, Turkey--Economic conditions--Analysis
- Format
- Document (PDF)
- Title
- THE IMPACT OF MULTINATIONAL CORPORATE INVESTMENT ON SELECTED LATIN AMERICAN ECONOMIES.
- Creator
- DITTRICH, ELIZABETH DIANN., Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
- Abstract/Description
-
This thesis analyzes the impact of transnational corporate investment patterns in five Latin American economies: Mexico, Peru, Columbia, Venezuela, and Brazil. Two important theories attributed to the dependencia and neoconventional schools of thought are first described and then econometrically tested for the above countries. The basic framework for econometrically testing these theories consists of a model specifying the domestic and foreign determinants of domestic capital formation....
Show moreThis thesis analyzes the impact of transnational corporate investment patterns in five Latin American economies: Mexico, Peru, Columbia, Venezuela, and Brazil. Two important theories attributed to the dependencia and neoconventional schools of thought are first described and then econometrically tested for the above countries. The basic framework for econometrically testing these theories consists of a model specifying the domestic and foreign determinants of domestic capital formation. Domestic determinants are formulated in terms of the 'accelerator' and loanable-funds theories of domestic investment behavior. Investment by multinational corporations is then added to the model to see if it makes any significant contribution towards indigenous investment. In order to take into account the lagged effects of multinational investment, an Almon lag estimation technique was adopted.
Show less - Date Issued
- 1982
- PURL
- http://purl.flvc.org/fcla/dt/14131
- Subject Headings
- Investments, Foreign--Latin America, Investments, Foreign--Developing countries
- Format
- Document (PDF)
- Title
- Health care expenditures in the United States and five industrialized economies: A pooled time-series cross-section model.
- Creator
- Shah, Sandhya K., Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
- Abstract/Description
-
This thesis empirically analyzes the determinants of national health care expenditures in the United States and five other industrialized economies. A reduced-form model for national health care expenditures, based upon a partial-adjustment mechanism, is specified as a function of supply and demand factors in interrelated markets in the medical sector and estimated for the United States for the period 1960 to 1990. A pooled model is also estimated for a cross-section of six industrialized...
Show moreThis thesis empirically analyzes the determinants of national health care expenditures in the United States and five other industrialized economies. A reduced-form model for national health care expenditures, based upon a partial-adjustment mechanism, is specified as a function of supply and demand factors in interrelated markets in the medical sector and estimated for the United States for the period 1960 to 1990. A pooled model is also estimated for a cross-section of six industrialized economies based upon time series data from 1976 to 1990 for each country. The results suggest that income, technological change, and inflation have a significant impact on national health care expenditures.
Show less - Date Issued
- 1994
- PURL
- http://purl.flvc.org/fcla/dt/15109
- Subject Headings
- Medical care, Cost of, Medical care--Cost control, Medical economics
- Format
- Document (PDF)
- Title
- The role of the term structure of interest rates in bank-failure-prediction models.
- Creator
- Head, Anne M., Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
- Abstract/Description
-
Aspects of the relationship between the term structure of interest rates and bank failure from 1984 to 1989 are explored in the context of a bank-failure-prediction model. For this, the logit technique is employed. Interest rate variables used to characterize the term structure include Treasury, Federal-funds, and bank-certificate-of-deposit rates. The term structure proves a significant factor in determining the probability of bank failure. Changes in long-term rates relative to short-term...
Show moreAspects of the relationship between the term structure of interest rates and bank failure from 1984 to 1989 are explored in the context of a bank-failure-prediction model. For this, the logit technique is employed. Interest rate variables used to characterize the term structure include Treasury, Federal-funds, and bank-certificate-of-deposit rates. The term structure proves a significant factor in determining the probability of bank failure. Changes in long-term rates relative to short-term rates can profoundly affect bank performance. These findings corroborate any measures being taken by banks or regulators to minimize banks' interest rate risk exposure.
Show less - Date Issued
- 1991
- PURL
- http://purl.flvc.org/fcla/dt/14725
- Subject Headings
- Bank failures--United States, Interest rates--United States
- Format
- Document (PDF)
- Title
- THE STABILITY OF THE DEMAND FOR MONEY IN THE UNITED STATES: AN ANALYSIS OF SOME ECONOMETRIC ISSUES.
- Creator
- GRISWOLD, JEFFREY LEIGH., Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
- Abstract/Description
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This thesis analyzes the demand for money in the United States during the period 1954:1 to 1981:4. A important issue regarding the stability of money demand is addressed in terms of the econometric problems that arise in money demand estimation. A partial-adjustment mechanism is specified to describe dynamic adjustments in the quantity of money. Such an adjustment mechanism introduces a lagged dependent variable as a regressor in the estimating equation. The presence of a lagged dependent...
Show moreThis thesis analyzes the demand for money in the United States during the period 1954:1 to 1981:4. A important issue regarding the stability of money demand is addressed in terms of the econometric problems that arise in money demand estimation. A partial-adjustment mechanism is specified to describe dynamic adjustments in the quantity of money. Such an adjustment mechanism introduces a lagged dependent variable as a regressor in the estimating equation. The presence of a lagged dependent variable along with an autocorrelated error term results in inconsistent and inefficient coefficient estimates. The Hatanaka technique is utilized to yield consistent and asymptotically efficient estimates of money demand. Finally, an equation is also estimated to examine the role of the entire term structures of interest rates in a money demand function.
Show less - Date Issued
- 1982
- PURL
- http://purl.flvc.org/fcla/dt/14135
- Subject Headings
- Demand for money--United States
- Format
- Document (PDF)
- Title
- A THEORETICAL AND EMPIRICAL ANALYSIS OF THE DETERMINANTS OF EURO-DOLLAR GROWTH.
- Creator
- KUTAN, ALI MUSTAFA., Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
- Abstract/Description
-
This thesis theoretically and empirically analyzes the determinants of Eurodollar expansion observed in recent years. The Euro-dollar market is first described in terms of its origin, development, geographical distribution and institutional structure and regulation. The size, sources and uses of the market are also illustrated. Alternative views and theories explaining Euro-dollar growth are discussed in detail. A single stock adjustment model is first used to obtain the determinants of Euro...
Show moreThis thesis theoretically and empirically analyzes the determinants of Eurodollar expansion observed in recent years. The Euro-dollar market is first described in terms of its origin, development, geographical distribution and institutional structure and regulation. The size, sources and uses of the market are also illustrated. Alternative views and theories explaining Euro-dollar growth are discussed in detail. A single stock adjustment model is first used to obtain the determinants of Euro-dollar interest rates. Reduced form equations are utilized to determine the factors for the equilibrium quantity of Euro-dollar deposits and equilibrium Euro-dollar interest rate. Finally, the proportion of Euro-dollar growth attributed to a multiplier expansion process as opposed to primary deposits is empirically estimated for the time period 1973 - 1981. Almon and Koyck lag structures are utilized to calculate the multiplier process associated with Eurodollar expansion during this period.
Show less - Date Issued
- 1985
- PURL
- http://purl.flvc.org/fcla/dt/14273
- Subject Headings
- Euro-dollar market--Analysis
- Format
- Document (PDF)
- Title
- A THEORETICAL AND EMPIRICAL ASSESSMENT OF ALTERNATIVE MONETARY CONTROL PROCEDURES IN THE UNITED STATES.
- Creator
- WHITE, MARILYN., Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
- Abstract/Description
-
This thesis theoretically and empirically analyzes the effectiveness of alternative monetary control procedures in the United States in recent years. The overall strategy of monetary policy is described and the implications of the federal funds rate and non-borrowed reserves targeting procedures for interest rate volatility and money demand stability are discussed. Tests of linear restrictions using dummy variable specifications as well as ex post forecasts suggest that there has been a...
Show moreThis thesis theoretically and empirically analyzes the effectiveness of alternative monetary control procedures in the United States in recent years. The overall strategy of monetary policy is described and the implications of the federal funds rate and non-borrowed reserves targeting procedures for interest rate volatility and money demand stability are discussed. Tests of linear restrictions using dummy variable specifications as well as ex post forecasts suggest that there has been a change in the interest elasticity as well as the intercept of the money demand function in 1979. The empirical specifications examined in this study use a partial-adjustment model and employ appropriate econometric techniques to obtain consistent and efficient coefficient estimates. Finally a reduced-form model of the money market is used to compare out-of-sample forecasts from alternative operating procedures.
Show less - Date Issued
- 1985
- PURL
- http://purl.flvc.org/fcla/dt/14238
- Subject Headings
- Monetary policy, Money--United States
- Format
- Document (PDF)