+publisher:"Texas A&M University" +contributor:("Bessler, David")

Texas A&M University

1. Hardcastle, Mark Jeffery. The Effect of Selective Data Omission on Type I Error Rates: A Simulation Study.

Degree: 2015, Texas A&M University

URL: http://hdl.handle.net/1969.1/156165

► There do not exist widely accepted guidelines or standards for identification and removal of outlying data in empirical research. There are sometimes significant incentives for… (more)

Subjects/Keywords: Outliers; selective outlier omission; data omission; Monte Carlo simulation; type I error

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APA (6^th Edition):

Hardcastle, M. J. (2015). The Effect of Selective Data Omission on Type I Error Rates: A Simulation Study. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/156165

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Hardcastle, Mark Jeffery. “The Effect of Selective Data Omission on Type I Error Rates: A Simulation Study.” 2015. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/156165.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Hardcastle, Mark Jeffery. “The Effect of Selective Data Omission on Type I Error Rates: A Simulation Study.” 2015. Web. 14 Oct 2019.

Vancouver:

Hardcastle MJ. The Effect of Selective Data Omission on Type I Error Rates: A Simulation Study. [Internet] [Thesis]. Texas A&M University; 2015. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/156165.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Hardcastle MJ. The Effect of Selective Data Omission on Type I Error Rates: A Simulation Study. [Thesis]. Texas A&M University; 2015. Available from: http://hdl.handle.net/1969.1/156165

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

2. Wei, Hanlin. Voluntary Carbon Market Participation and Unintended Consequences: An Economic Analysis.

Degree: 2016, Texas A&M University

URL: http://hdl.handle.net/1969.1/156992

► Agricultural activities account for nearly a quarter of anthropogenic greenhouse gas (GHG) emissions mainly from deforestation and livestock, soil and nutrient management. Also it is… (more)

Subjects/Keywords: climate change; Carbon market; agriculture

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APA (6^th Edition):

Wei, H. (2016). Voluntary Carbon Market Participation and Unintended Consequences: An Economic Analysis. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/156992

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Wei, Hanlin. “Voluntary Carbon Market Participation and Unintended Consequences: An Economic Analysis.” 2016. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/156992.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Wei, Hanlin. “Voluntary Carbon Market Participation and Unintended Consequences: An Economic Analysis.” 2016. Web. 14 Oct 2019.

Vancouver:

Wei H. Voluntary Carbon Market Participation and Unintended Consequences: An Economic Analysis. [Internet] [Thesis]. Texas A&M University; 2016. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/156992.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Wei H. Voluntary Carbon Market Participation and Unintended Consequences: An Economic Analysis. [Thesis]. Texas A&M University; 2016. Available from: http://hdl.handle.net/1969.1/156992

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

3. Zhang, Yu. The Effectiveness and The Goals of Foreign Aid: An Empirical Examination of Sectoral Aid?s Influence on Mitigating Conflicts and Violence.

Degree: 2012, Texas A&M University

URL: http://hdl.handle.net/1969.1/ETD-TAMU-2012-08-11787

► The objectives of foreign aid are closely associated with the global political and economic issues during the last 60 years. In recent years foreign aid… (more)

Subjects/Keywords: Foreign Aid; Conflict; Violence; Effectiveness

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APA (6^th Edition):

Zhang, Y. (2012). The Effectiveness and The Goals of Foreign Aid: An Empirical Examination of Sectoral Aid?s Influence on Mitigating Conflicts and Violence. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-2012-08-11787

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Zhang, Yu. “The Effectiveness and The Goals of Foreign Aid: An Empirical Examination of Sectoral Aid?s Influence on Mitigating Conflicts and Violence.” 2012. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/ETD-TAMU-2012-08-11787.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Zhang, Yu. “The Effectiveness and The Goals of Foreign Aid: An Empirical Examination of Sectoral Aid?s Influence on Mitigating Conflicts and Violence.” 2012. Web. 14 Oct 2019.

Vancouver:

Zhang Y. The Effectiveness and The Goals of Foreign Aid: An Empirical Examination of Sectoral Aid?s Influence on Mitigating Conflicts and Violence. [Internet] [Thesis]. Texas A&M University; 2012. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2012-08-11787.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Zhang Y. The Effectiveness and The Goals of Foreign Aid: An Empirical Examination of Sectoral Aid?s Influence on Mitigating Conflicts and Violence. [Thesis]. Texas A&M University; 2012. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2012-08-11787

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

4. Navas Alban, Paul. Estimation of Policy Effects and Counterfactual Distributions: An Application to Food Security Analysis in Mexico.

Degree: 2015, Texas A&M University

URL: http://hdl.handle.net/1969.1/155746

► The analysis of the effects of a policy and the factors that mediated those effects are among the core objectives of the economic science. The… (more)

▼ The analysis of the effects of a policy and the factors that mediated those effects are among the core objectives of the economic science. The aim of this investigation is to present a recent methodological breakthrough in this field named distribution regression and to use it conjointly with causal analysis, to estimate the effects of a policy. The novelty relies in the estimation not only of the expectation of the difference between observed and counterfactual outcome, the usual Average Treatment Effect, but of the entire distribution of this counterfactual random variable and its distribution as a stochastic process. This estimation uses tools stemming from the field of Empirical Processes, to allow for the estimation of these counterfactual distributions, which will be supported with the methods of machine learning and causal analysis to tackle the problem of the causality structure among a set of variables and to attempt to justify the causal interpretation of the counterfactual distributions obtained. These new tools of policy analysis are applied to the 2012 avian flu outbreak in Mexico in July. The variable of interest in the analysis is the food security of the population, with the research question driving this application being whether there was a negative effect in the nutritional status of the population, in particular that of rural areas, once other factors such as household expenditure, educational status and others have been controlled for; estimating counterfactual distributions of what would have happened to the whole and to specific portions of the population had the outbreak not occurred finds that the average treatment effect is significant, both for the before and after comparison and for the rural and urban comparison in the expected way, with the outbreak reducing the food security of the population, with factors as the number of household members, whether the family experienced a set-back and the gender of the provider being the driving forces. Another set of findings shows that it is not possible to conclude that the effects are heterogeneous on the population, since the quantile treatment effects are not statistically significant using uniform confidence intervals for any of the different setups investigated. Advisors/Committee Members: Bessler, David (advisor), Wu, Ximing (committee member), Leatham, David (committee member), Xu, Ke-li (committee member).

Subjects/Keywords: counterfactual distributions; policy analysis

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APA (6^th Edition):

Navas Alban, P. (2015). Estimation of Policy Effects and Counterfactual Distributions: An Application to Food Security Analysis in Mexico. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/155746

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Navas Alban, Paul. “Estimation of Policy Effects and Counterfactual Distributions: An Application to Food Security Analysis in Mexico.” 2015. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/155746.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Navas Alban, Paul. “Estimation of Policy Effects and Counterfactual Distributions: An Application to Food Security Analysis in Mexico.” 2015. Web. 14 Oct 2019.

Vancouver:

Navas Alban P. Estimation of Policy Effects and Counterfactual Distributions: An Application to Food Security Analysis in Mexico. [Internet] [Thesis]. Texas A&M University; 2015. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/155746.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Navas Alban P. Estimation of Policy Effects and Counterfactual Distributions: An Application to Food Security Analysis in Mexico. [Thesis]. Texas A&M University; 2015. Available from: http://hdl.handle.net/1969.1/155746

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

5. Fang, Lu. Three Essays on Time Series Analysis of Chinese Financial Markets.

Degree: 2017, Texas A&M University

URL: http://hdl.handle.net/1969.1/161318

► This dissertation studies three important issues in Chinese financial markets. The interdependence structure and information transmission among Chinese cross-listed stocks in Shanghai, Hong Kong and… (more)

▼ This dissertation studies three important issues in Chinese financial markets. The interdependence structure and information transmission among Chinese cross-listed stocks in Shanghai, Hong Kong and New York is examined. Results indicate that the home bias hypothesis, which suggests the dominant role of home market in pricing information transmission, is strongly supported in contemporaneous time, modestly supported at the short horizon and not supported at the long horizon. The Shanghai market as the home market is highly exogenous at all horizons. Moreover, the Hong Kong market leads the New York market in contemporaneous time. Whether interest rates help to forecast stock returns in China is studied using the prequential approach. With respect to calibration (reliability), it is found that including interest rates in the model improves the model?s ability to issue realistic probability forecasts of stock returns ? a model of stock returns that does not include interest rates as an explanatory variable is not as well calibrated as a model that does include interest rates in the stock returns equation. With regard to sorting (resolution), results suggest that the model that includes interest rates performs better in distinguishing stock returns that actually occur and stock returns that do not occur when compared to a model that does not include interest rates in the stock returns equation. Overall, the interest rates help in forecasting stock returns in China in terms of both calibration and sorting. Two factor analysis methods are investigated through forecasting Chinese interest rate based on a factor-augmented vector autoregression (FAVAR). Factors are estimated from 288 Chinese security series to reflect the common forces that drive the movements and dynamics in the Chinese equity market. As a result, the factor estimation method by Lam and Yao outperforms the traditional principal components analysis (PCA) in terms of forecasting accuracy, especially at the short horizons. Advisors/Committee Members: Bessler, David (advisor), Wu, Ximing (committee member), Bryant, Henry (committee member), Leatham, David (committee member).

Subjects/Keywords: Time series; Chinese financial markets

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APA (6^th Edition):

Fang, L. (2017). Three Essays on Time Series Analysis of Chinese Financial Markets. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/161318

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Fang, Lu. “Three Essays on Time Series Analysis of Chinese Financial Markets.” 2017. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/161318.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Fang, Lu. “Three Essays on Time Series Analysis of Chinese Financial Markets.” 2017. Web. 14 Oct 2019.

Vancouver:

Fang L. Three Essays on Time Series Analysis of Chinese Financial Markets. [Internet] [Thesis]. Texas A&M University; 2017. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/161318.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Fang L. Three Essays on Time Series Analysis of Chinese Financial Markets. [Thesis]. Texas A&M University; 2017. Available from: http://hdl.handle.net/1969.1/161318

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

6. Chen, Sihong. Three Essays on Commodity Markets and Health Economics.

Degree: 2017, Texas A&M University

URL: http://hdl.handle.net/1969.1/161409

► This dissertation includes three essays. The first essay examines time-varying nonlinear dependence and asymmetries of commodity futures from 1999 to 2015. We consider several elliptical… (more)

▼ This dissertation includes three essays. The first essay examines time-varying nonlinear dependence and asymmetries of commodity futures from 1999 to 2015. We consider several elliptical copulas with dynamic conditional correlation (DCC) and block dynamic equicorrelation (Block DECO) to capture dependence structure of various commodities across different sectors. Our major findings include: (1) flexible copula specification that allows for multivariate asymmetry and tail dependence appears to have the best model performance in characterizing co-movements of commodity returns. (2) dynamic correlations reveal connectedness degree between commodities has dramatically increased during the financial distress and the European debt crisis, but they declined sharply after 2012 and returned to the precrisis level since. (3) conditional diversification benefit is disappearing and lower tail dependence between commodity markets is much higher in the bearish market. The second essay studies volatility spillover and various connectedness measures for 20 commodity futures from 1996 to 2016. We propose to estimate network connectedness in commodity markets by a previous framework that models direction and magnitude of volatility spillover using reduced-form vector autoregression (VAR) models and generalized forecast error variance decomposition. We find clustering of commodity futures that match their industrial groupings, and energy markets have played a central role in the network in the static analysis. Our dynamic models show that though market interconnections have dramatically increased during the 2007-2009 financial crisis, they have returned to the pre-crisis levels after. We also find that recent downward movement of crude oil prices does not necessarily lead to stronger connectedness between commodity markets. The third essay investigates health economics in developing countries. Obesity and overweight problems have become prevalent in developing countries like China. This paper presents a comprehensive analysis on body mass index (BMI) using a micro-level data of Chinese families. We model the dynamics of BMI determinants spanning from 1991 to 2011 for rural and urban residents. Our identification strategies include: (1) using spousal and parental characteristics as proxy variables to control for omitted variables bias and (2) explicitly modeling common couple effect with correlated random-effects regressions for spousal BMI. Our results find strong and positive spousal/intergenerational transmissions of BMI for families across region and time. Depending on the gender of spouse and grown children, besides transmission effects a variety of socioeconomic variables are identified as significant predictors of individual BMI. Advisors/Committee Members: Wu, Ximing (advisor), Zhang, Yu (advisor), Bessler, David (committee member), Li, Qi (committee member).

Subjects/Keywords: Commodity; Spillover; BMI

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APA (6^th Edition):

Chen, S. (2017). Three Essays on Commodity Markets and Health Economics. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/161409

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Chen, Sihong. “Three Essays on Commodity Markets and Health Economics.” 2017. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/161409.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Chen, Sihong. “Three Essays on Commodity Markets and Health Economics.” 2017. Web. 14 Oct 2019.

Vancouver:

Chen S. Three Essays on Commodity Markets and Health Economics. [Internet] [Thesis]. Texas A&M University; 2017. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/161409.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Chen S. Three Essays on Commodity Markets and Health Economics. [Thesis]. Texas A&M University; 2017. Available from: http://hdl.handle.net/1969.1/161409

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

7. Wang, Wen-Yao. Essays on Banking Crises and Deposit Insurance.

Degree: 2009, Texas A&M University

URL: http://hdl.handle.net/1969.1/ETD-TAMU-2932

► My research focuses on the reasons for banking crises and the corresponding policy rules that could help prevent such crises. This abstract briefly reviews the… (more)

▼ My research focuses on the reasons for banking crises and the corresponding policy rules that could help prevent such crises. This abstract briefly reviews the two essays in my dissertation. The first essay focuses on the optimal mechanism design of the deposit insurance system while the second essay studies the impact of international illiquidity on domestic banking crises. The Recent Deposit Insurance Reform in the U.S. raised the coverage limit for certain types of deposits. In chapter II, I study the optimal coverage limit in a model of deposit insurance in the banking system. Because of the coverage limit, depositors have incentives to monitor the bank?s risk-taking behavior, threatening banks with the withdrawal of deposits if necessary. The model includes risk-taking banks, heterogeneous depositors, and a benevolent insurance company providing deposit insurance. I find that partial coverage combined with risk-sensitive premia in the presence of capital requirements can improve social welfare and manage banks? risktaking behavior. Moreover, when a partial coverage limit is in place, banks are better off by finding a balance between the higher premia and the depositors? monitoring and withdrawals. Unlike chapter II, chapter III focuses on the role played by international illiquidity. I build a dynamic general equilibrium model (DGEM) of a small, open economy. The features I include in the model are nontrivial demands for fiat currencies, unanticipated sunspots, and financial/banking crises originated by sudden stops of foreign capital inflows are. This chapter gives us a better understanding of the performance of alternative exchange rate regimes and associated monetary policies under a simple setup. I show the existence of multiple equilibria that may be ranked based on the presence of binding information constraints and on welfare. Moreover, I show that a strong connection of the scope for existence and for indeterminacy of equilibria with the underlying policy regime. I also find that the presence of binding multiple reserve requirements help in reducing the scope for financial fragility and panic equilibria. Advisors/Committee Members: Gan, Li (advisor), Bessler, David (committee member), Hernandez, Paula (committee member), Jansen, Dennis W. (committee member).

Subjects/Keywords: Moral hazard; Partial deposit insurance; Bank runs; Multiple reserve requirements

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APA (6^th Edition):

Wang, W. (2009). Essays on Banking Crises and Deposit Insurance. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-2932

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Wang, Wen-Yao. “Essays on Banking Crises and Deposit Insurance.” 2009. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/ETD-TAMU-2932.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Wang, Wen-Yao. “Essays on Banking Crises and Deposit Insurance.” 2009. Web. 14 Oct 2019.

Vancouver:

Wang W. Essays on Banking Crises and Deposit Insurance. [Internet] [Thesis]. Texas A&M University; 2009. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2932.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Wang W. Essays on Banking Crises and Deposit Insurance. [Thesis]. Texas A&M University; 2009. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2932

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

8. Yang, Juan. Three essays on monetary policy, the financial market, and economic growth in the U.S. and China.

Degree: 2009, Texas A&M University

URL: http://hdl.handle.net/1969.1/ETD-TAMU-1030

► Does monetary policy affect the real economy? If so, what is the transmission mechanism or channel through which these effects occur? These two questions are… (more)

▼ Does monetary policy affect the real economy? If so, what is the transmission mechanism or channel through which these effects occur? These two questions are among the most important and controversial in macroeconomics. This dissertation presents some new empirical evidence that addresses each question for the U.S. and Chinese economies. Literature on monetary transmission suggests that the monetary policy can take effect on the real economy through several ways. The most noteworthy one is credit channels, including the bank lending channel and the interest channel. First, I use a new method to test for structural breaks in the U.S. monetary policy history and present some new empirical evidence to support an operative bank lending channel in the transmission mechanism of monetary policy. Results show that an operative bank lending channel existed in 1955 to 1968, and its impact on the economy has become much smaller since 1981, but it still has a significant buffering effect on output by attenuating the effect of the interest channel. Second, I adopt the recently developed time series technique to explore the puzzling negative correlation between output and stock returns in China currently, and posit that it is due to a negative link between monetary policy and stock returns when monetary policy increases output. The monetary policy has not been transmitted well in the public sector which is the principal part of Chinese stock market, and increased investment capital from monetary expansion goes to real estate sector instead of the stock market. Last, I demonstrate how monetary policy has been transmitted into the public and private sectors of China through the credit channel. The fundamental identification problem inherent in using aggregated data that leads to failure in isolating demand shock from supply shock is explicitly solved by introducing control factors. I find that the monetary policy has great impact on private sector rather than public sector through credit channel in China. These findings have important practical implications for U.S. and China?s economic development by improving the efficiency of the monetary policy because a comprehensive understanding of monetary transmission will lead to better policy design. Advisors/Committee Members: Leatham, David (advisor), Bessler, David (committee member), Fraser, Donale (committee member), Klinefelter, Danny (committee member).

Subjects/Keywords: monetary transmission; bank lending channel; interest channel; error correction model; directed graph; SUP-LM test; stock market; real estate sector

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APA (6^th Edition):

Yang, J. (2009). Three essays on monetary policy, the financial market, and economic growth in the U.S. and China. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-1030

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Yang, Juan. “Three essays on monetary policy, the financial market, and economic growth in the U.S. and China.” 2009. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/ETD-TAMU-1030.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Yang, Juan. “Three essays on monetary policy, the financial market, and economic growth in the U.S. and China.” 2009. Web. 14 Oct 2019.

Vancouver:

Yang J. Three essays on monetary policy, the financial market, and economic growth in the U.S. and China. [Internet] [Thesis]. Texas A&M University; 2009. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-1030.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Yang J. Three essays on monetary policy, the financial market, and economic growth in the U.S. and China. [Thesis]. Texas A&M University; 2009. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-1030

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

9. Zhang, Jin. Three essays on business failure: causality and prediction.

Degree: 2009, Texas A&M University

URL: http://hdl.handle.net/1969.1/ETD-TAMU-1032

► This dissertation investigates three issues on business failure causality and prediction. First, a nonlinear model for mathematical programming based discriminant analysis is studied. This study… (more)

▼ This dissertation investigates three issues on business failure causality and prediction. First, a nonlinear model for mathematical programming based discriminant analysis is studied. This study proposes a nonlinear model that builds on the existing linear and quadratic models and allows for a more flexible degree of nonlinearity through a set of power parameters. The proposed nonlinear model is solved using a genetic algorithm and is tested against linear and quadratic models using real financial data. The results show that each model is better in certain cases, but the nonlinear model turns out to be the best overall among the three. Better performance of this nonlinear model appears likely, but a more robust solver would be required. Second, the relationship between aggregate business failures and macroeconomic conditions is studied from a causality perspective. A structural Vector Autoregression (VAR) is used while incorporating the recently developed causal inference method Directed Acyclic Graph (DAG). Particularly, DAG is used to provide a contemporaneous causal structure and the VAR results are summarized using innovation accounting techniques. The results show that during the period from 1980 to 2004 in the U.S., aggregate business failures were influenced by interest rates, but overall these failures appear to be far more exogenous than was found previously. Third, the effect of incorporating macroeconomic variables into business failure prediction models is investigated with a focus on the U.S. airline industry from 1995 to 2005. The attention is placed on prediction accuracy, parameter stability, and the effect of particular macroeconomic variables. The results show that the stability of parameters in the prediction model is improved when macro variables are added. In terms of prediction accuracy, the model augmented with a macro variable performed better in a jackknife prediction, but not in out-of-sample predictions. The macroeconomic variable found to be significant is the change of interest rate, which is probably related to the high level of leverage common in this particular industry. Also, the results demonstrate that a probability score can be used as a more informative evaluation measure than the current one based on cutoff probabilities. Advisors/Committee Members: Leatham, David (advisor), Bessler, David (committee member), Tian, Guoqiang (committee member), Wu, Ximing (committee member).

Subjects/Keywords: Business failure; prediction

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APA (6^th Edition):

Zhang, J. (2009). Three essays on business failure: causality and prediction. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-1032

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Zhang, Jin. “Three essays on business failure: causality and prediction.” 2009. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/ETD-TAMU-1032.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Zhang, Jin. “Three essays on business failure: causality and prediction.” 2009. Web. 14 Oct 2019.

Vancouver:

Zhang J. Three essays on business failure: causality and prediction. [Internet] [Thesis]. Texas A&M University; 2009. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-1032.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Zhang J. Three essays on business failure: causality and prediction. [Thesis]. Texas A&M University; 2009. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-1032

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

10. Zhu, En. The role of US agricultural and forest activities in global climate change mitigation.

Degree: 2009, Texas A&M University

URL: http://hdl.handle.net/1969.1/ETD-TAMU-1406

► In 2005 the highest global surface temperature ever was recorded. A virtual consensus exists today among scientists that global warming is underway and that human… (more)

▼ In 2005 the highest global surface temperature ever was recorded. A virtual consensus exists today among scientists that global warming is underway and that human greenhouse gas (GHG) emissions are a significant cause. Possible mitigation of climate change through reduction of net GHG emissions has become a worldwide concern. Under the United Nation?s Framework convention on Climate Change, the Kyoto Protocol was formed in 1997 and required ratifying countries to co-operate in stabilizing atmospheric GHG concentrations. The protocol took effect on February 16, 2005. The mitigation cost for reducing GHG emissions for the US economy has been argued to be high particularly through the energy sector. Agriculture and Forestry (AF) can provide some low cost strategies to help with this mitigation principally through carbon sequestration but must be competitive with mitigation costs in the rest of the economy. A general equilibrium approach is used herein to evaluate the role of AF mitigation in an economy wide setting. The results show that the AF sectors have significant mitigation potential. Higher carbon prices lead to more sequestration, less emissions, reduced consumer and total welfare, improved environmental indicators and increased producer welfare. AF mitigation increases as the carbon price increase over time. In the earlier periods, while the carbon price is low, AF emissions and sink are quite small compared to the energy sector. As carbon prices increase over time, the AF sectors mitigate about 25% of the net emissions. This verifies McCarl et al's (2001) argument that the AF sectors ?may be very important in a world that requires time and technological investment to develop low-cost greenhouse gas emission offsets.? AF GHG emission mitigation is sensitive to saturation of sequestration sinks. This research finds that ignoring saturation characteristics leads to a severe overestimate of mitigation potential with estimates being inflated by as much as a factor of 6. Advisors/Committee Members: Gan, Jianbang (advisor), McCarl, Bruce (advisor), Bessler, David (committee member), Tian, Guoqiang (committee member).

Subjects/Keywords: Global Warming; CGE; FASOM; Saturation; Response Function; Second Generation Model; Dynamic Adjustment

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APA (6^th Edition):

Zhu, E. (2009). The role of US agricultural and forest activities in global climate change mitigation. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-1406

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Zhu, En. “The role of US agricultural and forest activities in global climate change mitigation.” 2009. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/ETD-TAMU-1406.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Zhu, En. “The role of US agricultural and forest activities in global climate change mitigation.” 2009. Web. 14 Oct 2019.

Vancouver:

Zhu E. The role of US agricultural and forest activities in global climate change mitigation. [Internet] [Thesis]. Texas A&M University; 2009. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-1406.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Zhu E. The role of US agricultural and forest activities in global climate change mitigation. [Thesis]. Texas A&M University; 2009. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-1406

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

11. Wu, Juan. Essays on equity prices and market structures.

Degree: 2009, Texas A&M University

URL: http://hdl.handle.net/1969.1/ETD-TAMU-1509

► In the first essay, we provide new evidence on the relationship between order flow and prices, an issue that is central to asset pricing and… (more)

▼ In the first essay, we provide new evidence on the relationship between order flow and prices, an issue that is central to asset pricing and market microstructure. We examine proprietary data on a broad panel of NYSE-listed stocks that reveal daily order imbalances by institutions, individuals, and market makers. We can further differentiate regular institutional trades from institutional program trades. Our results indicate that order imbalances from different trader types play distinctly different roles in price formation. Institutions and individuals are contrarians with respect to previous-day returns but differ in the effect their order imbalances have on contemporaneous returns. Institutional imbalances are positively related to contemporaneous returns, and cross-sectional evidence suggests this relationship is likely to be the result of firm-specific information institutions have. Individuals, specialists, and other market makers appear to provide liquidity to these actively trading institutions. Our results also suggest a special role for institutional program trades. Institutions choose program trades when they have no firm-specific information and can afford to trade passively. As a result, program trades provide liquidity to the market. Finally, both institutional non-program and individual imbalances have predictive power for next-day returns. In the second essay, based on daily shorting flow data for a large sample of NYSE-listed stocks, we show that short sellers enhance the relative efficiency of transaction prices. We also provide new evidence on the recent suspension of the Uptick Rule for Regulation SHO Pilot stocks. Relative to matched control stocks, pilot stocks experience some improvement in price efficiency associated with increased shorting activity after the tick test was suspended. The third essay studies demutualization of stock exchanges. Using panel data on 132 major stock exchanges in 114 countries from 1990 to 2003, we examine the effect of demutualization on an exchange?s performance in its primary product markets: trading and listings. We document some evidence that demutualization is associated with improved competitiveness in attracting trading volume. Results on listings following demutualization are weak. Advisors/Committee Members: Boehmer, Ekkehart (advisor), Back, Kerry (committee member), Bessler, David (committee member), Sorescu, Sorin (committee member).

Subjects/Keywords: order flow; shorting; demutualization

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APA (6^th Edition):

Wu, J. (2009). Essays on equity prices and market structures. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-1509

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Wu, Juan. “Essays on equity prices and market structures.” 2009. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/ETD-TAMU-1509.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Wu, Juan. “Essays on equity prices and market structures.” 2009. Web. 14 Oct 2019.

Vancouver:

Wu J. Essays on equity prices and market structures. [Internet] [Thesis]. Texas A&M University; 2009. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-1509.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Wu J. Essays on equity prices and market structures. [Thesis]. Texas A&M University; 2009. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-1509

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

12. Anderson, Garnett Murphy, II. Examining causes of poverty in Latin America and Sub-Saharan Africa.

Degree: 2009, Texas A&M University

URL: http://hdl.handle.net/1969.1/ETD-TAMU-1882

► Solenopsis invicta, the red imported fire ant, has recently become associated with Antonina graminis, an invasive pest, and Neodusmetia sangwani, biological control agent, and maybe… (more)

Subjects/Keywords: poverty

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APA (6^th Edition):

Anderson, Garnett Murphy, I. (2009). Examining causes of poverty in Latin America and Sub-Saharan Africa. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-1882

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Anderson, Garnett Murphy, II. “Examining causes of poverty in Latin America and Sub-Saharan Africa.” 2009. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/ETD-TAMU-1882.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Anderson, Garnett Murphy, II. “Examining causes of poverty in Latin America and Sub-Saharan Africa.” 2009. Web. 14 Oct 2019.

Vancouver:

Anderson, Garnett Murphy I. Examining causes of poverty in Latin America and Sub-Saharan Africa. [Internet] [Thesis]. Texas A&M University; 2009. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-1882.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Anderson, Garnett Murphy I. Examining causes of poverty in Latin America and Sub-Saharan Africa. [Thesis]. Texas A&M University; 2009. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-1882

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

13. Chavez, Marissa Joyce. The efficiency of the U.S. cotton futures market (1986-2006): normal backwardation, co-integration, and asset pricing.

Degree: 2009, Texas A&M University

URL: http://hdl.handle.net/1969.1/ETD-TAMU-1883

► The efficiency of commodity futures markets is a widely debated topic in academia. The cotton futures market is no exception. The existence of trends in… (more)

▼ The efficiency of commodity futures markets is a widely debated topic in academia. The cotton futures market is no exception. The existence of trends in the futures market is characterized as a price bias, which is a testable trait. When analyzed, it allows a better understanding of market behavior and allows implementation of more effective income enhancing and/or risk reducing strategies. Three different approaches will be used to test the efficiency of the U.S. cotton futures market: pricing patterns, cointegration, and asset-pricing. In the first approach, pricing patterns, statistical methodology was applied to a dataset of daily futures prices. Returns did not show a consistent trend, supporting arguments of efficiency. Further research into seasonally-differentiated contracts has yielded strong evidence of declining prices. This result differs from previously published work in the most comprehensive study of futures prices, while updating and extending information on pricing patterns in the cotton futures market. Co-integration, the second approach, is a popular method for testing the efficiency of various commodity future and cash markets. Evidence indicates that the cotton futures and cash markets are co-integrated over the last ten years. Results lead to the conclusion that price is discovered in the cotton futures market, reinforcing the notion of an efficient cotton futures market that serves as an indicator for future cotton cash prices. The cotton futures market was also analyzed to explain price movements with an equilibrium asset-pricing framework, in the third approach. In particular, the cotton futures market was analyzed to determine if behavior displayed by the market could be explained by risks specific to the cotton futures contract. Cotton futures do not show significant risk premiums over other financial assets, again supporting the efficient market hypothesis. The three approaches implemented in this thesis are generally supportive of longrun efficiency in the U.S. cotton futures market. An updated analysis of the cotton futures market will allow market participants the most recent information on pricing patterns and the overall long-run behavior of the market. More effective trading and operating strategies can be implemented that will best meet needs of market participants. Advisors/Committee Members: Salin, Victoria (advisor), Bessler, David (committee member), Hallermann, Detlef (committee member), Robinson, John (committee member).

Subjects/Keywords: Cotton; Futures; Efficiency; Backwardation; Co-integration; Asset Pricing

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Chavez, M. J. (2009). The efficiency of the U.S. cotton futures market (1986-2006): normal backwardation, co-integration, and asset pricing. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-1883

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Chavez, Marissa Joyce. “The efficiency of the U.S. cotton futures market (1986-2006): normal backwardation, co-integration, and asset pricing.” 2009. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/ETD-TAMU-1883.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Chavez, Marissa Joyce. “The efficiency of the U.S. cotton futures market (1986-2006): normal backwardation, co-integration, and asset pricing.” 2009. Web. 14 Oct 2019.

Vancouver:

Chavez MJ. The efficiency of the U.S. cotton futures market (1986-2006): normal backwardation, co-integration, and asset pricing. [Internet] [Thesis]. Texas A&M University; 2009. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-1883.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Chavez MJ. The efficiency of the U.S. cotton futures market (1986-2006): normal backwardation, co-integration, and asset pricing. [Thesis]. Texas A&M University; 2009. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-1883

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

14. Gao, Qi. Three Essays on Bio-security.

Degree: 2010, Texas A&M University

URL: http://hdl.handle.net/1969.1/ETD-TAMU-2009-12-7570

► In this dissertation, several essays in the field of bio-security are presented. The estimation of the probability of an FMD outbreak by type and location… (more)

▼ In this dissertation, several essays in the field of bio-security are presented. The estimation of the probability of an FMD outbreak by type and location of premises is important for decision making. In Essay I, we estimate and predict the probability/risk of an FMD outbreak spreading to the various premises in the study area. We first used a Poisson regression model with adjustment dispersion associated with random simulation results from the AusSpead model to estimate the parameters of the model. Our estimation and prediction show that large cattle loss could be concentrated in three counties-Deaf Smith, Parmer, and Castro. These results are based on approximately 70% of the feedlots with over 10,000 cattle located in the three counties previously mentioned. In Essay II, our objective is to determine the best mitigation strategies in minimizing animal loss based on AusSpead simulation model. We tested 15 mitigation strategies by using multiple comparison. The results show that the best mitigation strategies for all four scenarios are regular surveillance, slaughter of the infected animals, and early detection. We then used the Mixed Integer Programming to estimate costs of disposing of animal carcasses and transportation. Results show that the unit disposal cost will vary with carcass scale and the unit transportation cost also varies with the distribution of the infected premises and disposal locations. FMD seems to have varying impacts on equity markets. In Essay III, we studied returns at three different levels of the stock market. We determined results in a structural break, and then estimated the impact of the announcement of confirmed cases of FMD disease on the volatility of stock market returns by using a GARCH-Mean model. Our results show that the structure break occurs on the day with the largest number of confirmed cases for meat product firms rather than the day of the first confirmed case. We found that the conditional volatilities over the FMD period are higher than those over the sample period. The announcement of confirmed cases had the largest marginal impact on meat products. Investors may always consider maintaining a portfolio consisting of index funds or hedge funds. Advisors/Committee Members: McCarl, Bruce A. (advisor), Bessler, David (committee member), Wu, Ximing (committee member), Li, Qi (committee member).

Subjects/Keywords: bio-security; FMD; vulnerable; Poisson regression; multiple comparison; Mixed Integer Programming; carcass disposal; conditional volatility; GARCH-Mean model

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APA (6^th Edition):

Gao, Q. (2010). Three Essays on Bio-security. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-2009-12-7570

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Gao, Qi. “Three Essays on Bio-security.” 2010. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/ETD-TAMU-2009-12-7570.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Gao, Qi. “Three Essays on Bio-security.” 2010. Web. 14 Oct 2019.

Vancouver:

Gao Q. Three Essays on Bio-security. [Internet] [Thesis]. Texas A&M University; 2010. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2009-12-7570.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Gao Q. Three Essays on Bio-security. [Thesis]. Texas A&M University; 2010. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2009-12-7570

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

15. Kim, Hyung Jin. The Effects of Risk Attitude on Competitive Sucess in the Construction Industry.

Degree: 2010, Texas A&M University

URL: http://hdl.handle.net/1969.1/ETD-TAMU-2009-08-822

► This dissertation investigates the latent but critical effects of risk attitude on competitive success in construction applying an evolutionary approach. The approach considers contractors as… (more)

▼ This dissertation investigates the latent but critical effects of risk attitude on competitive success in construction applying an evolutionary approach. The approach considers contractors as individual entities competing with each other for common job opportunities, and competition as an evolutionary process in the market. In construction, competitive bidding is the major mechanism of competition. Bidding itself is an important managerial function in a construction organization while it is risky since the actual cost of a job is unknown. Therefore, contractors' risk-taking in competition is an essential element in the construction business. Individuals may behave differently in competition depending on their own risk attitude which defines what risks can be accepted or not in an organization. Depending on the differences in risk-taking, the result of a competition varies. How contractors compete, that is, how they take risks in competition affects the competition among themselves. Also, contractors' performance is differentiated through competition to decide successful firms and unsuccessful firms. The current study investigates the effects of risk attitude, which is the latent basis for contractors' different behaviors in competition. The current investigation is unique in that it combines: 1) an evolutionary approach; 2) behavioral decision-making under uncertainty; 3) multi-level analyses from the individual to the aggregate; and 4) a long-term perspective on firms' success and life-cycles (birth, death, survival, growth, contraction, and market diversification). The developed evolutionary model simulates and analyzes competition among contractors in the competitive bidding environment. A new method is proposed to represent contractors' different risk-taking behaviors depending on their own risk attitude. The analysis accounts for contractors' differences in risk-taking, their performances through competition, and corresponding organizational changes in life-cycles at the individual level, and aggregate patterns evolving at the population level as resultants of competition over long time periods. The study finds that risk attitude is a latent but dominant competitive characteristic of contractors by identifying the critical effects of risk attitude on competitive success. The results provide new insights on competition and recommendations for contractors' competitive success, which are not available using conventional approaches. Advisors/Committee Members: Reinschmidt, Kenneth (advisor), Anderson, Stuart (committee member), Walewski, John (committee member), Bessler, David (committee member).

Subjects/Keywords: Risk Attitude; Competition; Competitive Bidding; Evolutionary Theory; Construction Contractors; Competitive Success

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Kim, H. J. (2010). The Effects of Risk Attitude on Competitive Sucess in the Construction Industry. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-2009-08-822

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Kim, Hyung Jin. “The Effects of Risk Attitude on Competitive Sucess in the Construction Industry.” 2010. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/ETD-TAMU-2009-08-822.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Kim, Hyung Jin. “The Effects of Risk Attitude on Competitive Sucess in the Construction Industry.” 2010. Web. 14 Oct 2019.

Vancouver:

Kim HJ. The Effects of Risk Attitude on Competitive Sucess in the Construction Industry. [Internet] [Thesis]. Texas A&M University; 2010. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2009-08-822.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Kim HJ. The Effects of Risk Attitude on Competitive Sucess in the Construction Industry. [Thesis]. Texas A&M University; 2010. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2009-08-822

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

16. Lee, Kang Koo. International Monetary Policy Analysis with Durable Goods.

Degree: 2010, Texas A&M University

URL: http://hdl.handle.net/1969.1/ETD-TAMU-2009-08-7137

► The dissertation studies a model of an economy which produces and exports durable goods. It analyzes the optimal monetary policy for such a country. Generally,… (more)

Subjects/Keywords: International monetary policy; Durable goods

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APA (6^th Edition):

Lee, K. K. (2010). International Monetary Policy Analysis with Durable Goods. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-2009-08-7137

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Lee, Kang Koo. “International Monetary Policy Analysis with Durable Goods.” 2010. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/ETD-TAMU-2009-08-7137.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Lee, Kang Koo. “International Monetary Policy Analysis with Durable Goods.” 2010. Web. 14 Oct 2019.

Vancouver:

Lee KK. International Monetary Policy Analysis with Durable Goods. [Internet] [Thesis]. Texas A&M University; 2010. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2009-08-7137.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Lee KK. International Monetary Policy Analysis with Durable Goods. [Thesis]. Texas A&M University; 2010. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2009-08-7137

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

17. Hagerman, Amy Deann. Essays on Modeling the Economic Impacts of a Foreign Animal Disease on the United States Agricultural Sector.

Degree: 2011, Texas A&M University

URL: http://hdl.handle.net/1969.1/ETD-TAMU-2009-12-7503

► Foreign animal disease can cause serious damage to the United States (US) agricultural sector and foot-and-mouth disease (FMD), in particular, poses a serious threat. FMD… (more)

▼ Foreign animal disease can cause serious damage to the United States (US) agricultural sector and foot-and-mouth disease (FMD), in particular, poses a serious threat. FMD causes death and reduced fecundity in infected animals, as well as significant economic consequences. FMD damages can likely be reduced through implementing pre-planned response strategies. Empirical studies have evaluated the economic consequences of alternative strategies, but typically employ simplified models. This dissertation seeks to improve US preparedness for avoiding and/or responding to an animal disease outbreak by addressing three issues related to strategy assessment in the context of FMD: integrated multi region economic and epidemic evaluation, inclusion of risk, and information uncertainty. An integrated economic/epidemic evaluation is done to examine the impact of various control strategies. This is done by combining a stochastic, spatial FMD simulation model with a national level, regionally disaggregated agricultural sector mathematical programming economic model. In the analysis, strategies are examined in the context of California's dairy industry. Alternative vaccination, disease detection and movement restriction strategies are considered as are trade restrictions. The results reported include epidemic impacts, national economic impacts, prices, regional producer impacts, and disease control costs under the alternative strategies. Results suggest that, including trade restrictions, the median national loss from the disease outbreak is as much as $17 billion when feed can enter the movement restriction zone. Early detection reduces the median loss and the standard deviation of losses. Vaccination does not reduce the median disease loss, but does have a smaller standard deviation of loss which would indicate it is a risk reducing strategy. Risk in foreign animal disease outbreaks is present from several sources; however, studies comparing alternative control strategies assume risk neutrality. In reality, there will be a desire to minimize the national loss as well as minimize the chance of an extreme outcome from the disease (i.e. risk aversion). We perform analysis on FMD control strategies using breakeven risk aversion coefficients in the context of an outbreak in the Texas High Plains. Results suggest that vaccination while not reducing average losses is a risk reducing strategy. Another issue related to risk and uncertainty is the response of consumers and domestic markets to the presence of FMD. Using a highly publicized possible FMD outbreak in Kansas that did not turn out to be true, we examine the role of information uncertainty in futures market response. Results suggest that livestock futures markets respond to adverse information even when that information is untrue. Furthermore, the existence of herding behavior and potential for momentum trading exaggerate the impact of information uncertainty related to animal disease. Advisors/Committee Members: McCarl, Bruce A. (advisor), Bessler, David (committee member), Jin, Yanhong (committee member), Norby, Bo (committee member).

Subjects/Keywords: economics; foot-and-mouth disease; economic/epidemic modeling; risk; uncertainty; livestock markets

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Hagerman, A. D. (2011). Essays on Modeling the Economic Impacts of a Foreign Animal Disease on the United States Agricultural Sector. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-2009-12-7503

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Hagerman, Amy Deann. “Essays on Modeling the Economic Impacts of a Foreign Animal Disease on the United States Agricultural Sector.” 2011. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/ETD-TAMU-2009-12-7503.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Hagerman, Amy Deann. “Essays on Modeling the Economic Impacts of a Foreign Animal Disease on the United States Agricultural Sector.” 2011. Web. 14 Oct 2019.

Vancouver:

Hagerman AD. Essays on Modeling the Economic Impacts of a Foreign Animal Disease on the United States Agricultural Sector. [Internet] [Thesis]. Texas A&M University; 2011. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2009-12-7503.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Hagerman AD. Essays on Modeling the Economic Impacts of a Foreign Animal Disease on the United States Agricultural Sector. [Thesis]. Texas A&M University; 2011. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2009-12-7503

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

18. Lee, Sungbok. Essays on the Relationship of Competition and Firms' Price Responses.

Degree: 2012, Texas A&M University

URL: http://hdl.handle.net/1969.1/ETD-TAMU-2010-12-8816

► This dissertation investigates the relationship of competition and firms' price responses, by analyzing: i) whether new entry reduces price discrimination, ii) when incumbents reduce price… (more)

▼ This dissertation investigates the relationship of competition and firms' price responses, by analyzing: i) whether new entry reduces price discrimination, ii) when incumbents reduce price discrimination preemptively in response to the threat of entry, and iii) how competition increases prices. The dissertation consists of three independent essays addressing each of the above questions. The first two essays present an empirical analysis of the airline industry and the third essay presents a theoretical analysis of the credit card industry. In the empirical study of the relationship between competition and firms' pricing in the airline industry, I emphasize the importance of distinguishing the equilibrium behaviors with respect to different market characteristics. Major airlines can price discriminate differently in a market where they compete with low-cost carriers comparing to in another market where they don't, and also they can respond dfferently to the threat of entry depending on whether they are certain about the rival's future entry. The study reveals that competition has a positive effect on price discrimination in the routes where major airlines compete against one anther. In these routes, competition reduces lower-end prices to a greater extent than upper-end prices. In contrast, an entry by low-cost carriers results in a significant negative relationship between competition and price discrimination. Thus, the opposite results in the literature are both evident in the airline industry, and it is very important to identify the different forces of competition on price discrimination. Firms can respond to potential competition as well as actual competition. So, I extend the study to the relationship of potential competition and price discrimination, specially in cases where major airlines compete against one another while facing Southwest's threat of entry. I also attempt to suggest major airlines' motives of reducing price discrimination preemptively. The results of the study suggest that incumbents reduce price dispersion when it is possible to deter the rival's entry and that the potential rival discourages incumbents from deterring entry by announcing before its beginning service. Finally, I examine when competition can increase prices in a market, by analyzing the issuing side of the credit card industry. This industry is characterized by a two-sided market with a platform. Under the no-surcharge rule that restricts merchants to set the same price for cash and card purchases, the equilibrium interchange fee increases with competition. This occurs because issuers can compensate losses from competing on the issuing side by collectively increasing the interchange fee. As a result, limiting competition may improve social welfare when the interchange fee is higher than the social optimal level. In contrast, in the absence of the no-surcharge rule, the analysis shows that competition always improves social welfare by lowering the price of the market. Advisors/Committee Members: Li, Qi (advisor), Houghton, Stephanie (committee member), Krasteva, Silvana (committee member), Bessler, David A. (committee member).

Subjects/Keywords: Competition; Price Dispersion; Discrimination; Oligopoly; Competitive-type Price Discrimination; Airline; Major airlines; Low-cost carriers; Threat of Entry; Incumbent; Preemptive; Entry; Accommodation; Deterrence; Pre-announcement; Contestability; Two-sided market; Network Externalities; Credit card; Interchange fee; No-surcharge rule; Platform; Issuer

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APA (6^th Edition):

Lee, S. (2012). Essays on the Relationship of Competition and Firms' Price Responses. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-2010-12-8816

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Lee, Sungbok. “Essays on the Relationship of Competition and Firms' Price Responses.” 2012. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/ETD-TAMU-2010-12-8816.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Lee, Sungbok. “Essays on the Relationship of Competition and Firms' Price Responses.” 2012. Web. 14 Oct 2019.

Vancouver:

Lee S. Essays on the Relationship of Competition and Firms' Price Responses. [Internet] [Thesis]. Texas A&M University; 2012. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2010-12-8816.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Lee S. Essays on the Relationship of Competition and Firms' Price Responses. [Thesis]. Texas A&M University; 2012. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2010-12-8816

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

19. Kibriya, Shahriar. Aid and Peace A Critique of Foreign Assistance, Conflict and Development.

Degree: 2012, Texas A&M University

URL: http://hdl.handle.net/1969.1/ETD-TAMU-2011-12-10688

► In 2000, the World Bank estimated that 2.8 billion people lived on incomes of less than $2.00 a day. Meanwhile about forty percent of the… (more)

▼ In 2000, the World Bank estimated that 2.8 billion people lived on incomes of less than $2.00 a day. Meanwhile about forty percent of the world's population endured conflict, most of them from the same subset. The implementation of foreign assistance to mitigate poverty and conflict is a key focus of politicians, bureaucrats and social scientists. The goal of this research is to discover relationships among foreign aid, conflict, and socio-economic development, and assess the implications. Other evaluations either approach this issue from a hedonistic, theoretical standpoint, or follow a stylized project evaluation method. This research is intended to create a bridge between the two approaches by: 1) proposing theoretical models of assistance and conflict accounting for current status quo, and 2) introducing novel empirical methods to analyze the causes and effects of development, intervention and conflict. The research begins with a comparative analysis of different schools of thought concerning foreign intervention, conflict and development. Contemporary philosophies and policies provide the basis for assumptions and inquiries addressed in the latter part of this dissertation. The review is followed by a critique of relevant data and their sources. A theoretical model of foreign assistance allocation and its possible impacts on conflict is proposed. The theoretical model is verified through an empirical examination using inductive casual inference methods. It is concluded that under current mandates and policies, aggregate foreign assistance has no effect on conflict and development in poor countries. Research is then directed toward analyzing the effect of foreign assistance on conflict, disaggregated by sector. Agricultural and food security assistance were identified as the most effective method of mitigating conflict. The next segments of research concentrate on agricultural development. A model of agricultural development is proposed that will promote food security and mitigate conflict. In the last analysis, a direct causal relationship is found between commodity prices and conflict. Findings are summarized in the conclusion, and recommendations are provided for policy re-evaluations. Advisors/Committee Members: Price, Edwin (advisor), Bessler, David (committee member), Ng, Desmond (committee member), Shinn, Glen (committee member).

Subjects/Keywords: Foreign Aid; Conflict; Development Causality

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APA (6^th Edition):

Kibriya, S. (2012). Aid and Peace A Critique of Foreign Assistance, Conflict and Development. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-2011-12-10688

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Kibriya, Shahriar. “Aid and Peace A Critique of Foreign Assistance, Conflict and Development.” 2012. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/ETD-TAMU-2011-12-10688.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Kibriya, Shahriar. “Aid and Peace A Critique of Foreign Assistance, Conflict and Development.” 2012. Web. 14 Oct 2019.

Vancouver:

Kibriya S. Aid and Peace A Critique of Foreign Assistance, Conflict and Development. [Internet] [Thesis]. Texas A&M University; 2012. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2011-12-10688.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Kibriya S. Aid and Peace A Critique of Foreign Assistance, Conflict and Development. [Thesis]. Texas A&M University; 2012. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2011-12-10688

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

20. Xu, Jin. Essays in Financial Econometric Investigations of Farmland Valuations.

Degree: 2013, Texas A&M University

URL: http://hdl.handle.net/1969.1/150974

► This dissertation consists of three essays wherein tools of financial econometrics are used to study the three aspects of farmland valuation puzzle: short-term boom-bust cycles,… (more)

▼ This dissertation consists of three essays wherein tools of financial econometrics are used to study the three aspects of farmland valuation puzzle: short-term boom-bust cycles, overpricing of farmland, and inconclusive effects of direct government payments. Essay I addresses the causes of unexplained short-term boom-bust cycles in farmland values in a dynamic land pricing model (DLPM). The analysis finds that gross return rate of farmland asset decreases as the farmland asset level increases, and that the diminishing return function of farmland asset contributes to the boom-bust cycles in farmland values. Furthermore, it is mathematically proved that land values are potentially unstable under diminishing return functions. We also find that intertemporal elasticity of substitution, risk aversion, and transaction costs are important determinants of farmland asset values. Essay II examines the apparent overpricing of farmland by decomposing the forecast error variance of farmland prices into forward looking and backward looking components. The analysis finds that in the short run, the forward looking Capital Asset Pricing Model (CAPM) portion of the forecast errors are significantly higher in a boom or bust stage than in a stable stage. This shows that the farmland market absorbs economic information in a discriminative manner according to the stability of the market, and the market (and actors therein) responds to new information gradually as suggested by the theory. This helps to explain the overpricing of farmland, but this explanation works primarily in the short run. Finally, essay III investigates the duel effects of direct government payments and climate change on farmland values. This study uses a smooth coefficient semi-parametric panel data model. The analysis finds that land valuation is affected by climate change and government payments, both through discounted revenues and through effects on the risk aversion of land owners. This essay shows that including heterogeneous risk aversion is an efficient way to mitigate the impacts of misspecifications in a DLPM, and that precipitation is a good explanatory variable. In particular, precipitation affects land values in a bimodal manner, indicating that farmland prices could have multiple peaks in precipitation due to adaption through crop selection and technology alternation. Advisors/Committee Members: Bessler, David (advisor), McCarl, Bruce A (advisor), Wu, Ximing (committee member), Li, Qi (committee member).

Subjects/Keywords: Financial Econometrics; Time Series; Forecast Error Variance Decomposition; Panel Data; Generalized Method of Moments; Seemingly Unrelated Regression; Semi-Parametric; Farmland Valuation; Equity Puzzle; Boom-Bust Cycles; Market Behavior; Economic Value of Information; Direct Government Payments; Climate Change; Policy Analysis

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Xu, J. (2013). Essays in Financial Econometric Investigations of Farmland Valuations. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/150974

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Xu, Jin. “Essays in Financial Econometric Investigations of Farmland Valuations.” 2013. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/150974.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Xu, Jin. “Essays in Financial Econometric Investigations of Farmland Valuations.” 2013. Web. 14 Oct 2019.

Vancouver:

Xu J. Essays in Financial Econometric Investigations of Farmland Valuations. [Internet] [Thesis]. Texas A&M University; 2013. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/150974.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Xu J. Essays in Financial Econometric Investigations of Farmland Valuations. [Thesis]. Texas A&M University; 2013. Available from: http://hdl.handle.net/1969.1/150974

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

21. Collart Dinarte, Alba Jeanette. Econometric Methods to Analyze Consumer Behavior Using Hypothetical and Non-hypothetical Approaches.

Degree: 2013, Texas A&M University

URL: http://hdl.handle.net/1969.1/151878

► This dissertation examines consumer behavior using hypothetical and non-hypothetical approaches. Across the study, emphasis is made on brand awareness and Willingness-to-Pay (WTP) measures of consumer… (more)

▼ This dissertation examines consumer behavior using hypothetical and non-hypothetical approaches. Across the study, emphasis is made on brand awareness and Willingness-to-Pay (WTP) measures of consumer preferences and the measurement of unobserved individual heterogeneity in the econometric analysis of consumer valuations. The methodologies used to elicit valuations and gather consumer preferences are hypothetical and non-hypothetical. The statistical tools used to analyze these data include econometric models for categorical and limited dependent variables, linear and non-linear random parameters models, and Latent Class Analysis (LCA). The first essay evaluates the effectiveness of a point-of-purchase advertising program conducted for two local horticultural brands. Results based on electronic surveys gathered before and after the program was launched suggest that the campaign size was not sufficient to significantly increase brand awareness and overall demand, yet it increased WTP by 5.5% for those consumers aware of one of the brands. A major factor found to influence preferences was purchase frequency, which suggests that other advertising methods aimed to increase buying frequency might affect demand more effectively. The second essay involved the econometric analysis of data collected using experimental auctions, which are often multidimensional. Panel data models commonly used consider bid-censoring and random effects that capture heterogeneity in the intercepts, but overlook heterogeneity in the coefficients. This essay compares different models, and provides evidence that a Random Parameters Tobit model extends the measurement of heterogeneity, accounts for bid-censoring, and provides the most efficient and consistent estimates. When the model is applied to data collected in a non-hypothetical Vickrey auction to elicit WTP for government (Food Safety Modernization Act, FSMA) and industry-issued (Global GAP) food safety standards in specialty melons, findings indicate that valuations are censored and heterogeneous. Finally, heterogeneity in valuations is assumed to occur discretely. Using a LCA approach, an examination was done to segment consumers based on their unobserved motivation to participate in experimental auctions. Moreover, Random Effects Tobit models are estimated to investigate differences in WTP among latent classes. The three latent classes found were characterized as: ?Fee-Chasers?, ?Certification Conscious?, and ?Taste Conscious?. Results reveal that the classes differed significantly in terms of their WTP estimates. Advisors/Committee Members: Palma, Marco A (advisor), Bessler, David (committee member), Hall, Charles (committee member), Williams, Gary (committee member).

Subjects/Keywords: Promotion Effectiveness; Experimental Auctions; Unobserved Individual Heterogeneity; Random Parameters Tobit; Latent Class Analysis

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APA (6^th Edition):

Collart Dinarte, A. J. (2013). Econometric Methods to Analyze Consumer Behavior Using Hypothetical and Non-hypothetical Approaches. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/151878

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Collart Dinarte, Alba Jeanette. “Econometric Methods to Analyze Consumer Behavior Using Hypothetical and Non-hypothetical Approaches.” 2013. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/151878.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Collart Dinarte, Alba Jeanette. “Econometric Methods to Analyze Consumer Behavior Using Hypothetical and Non-hypothetical Approaches.” 2013. Web. 14 Oct 2019.

Vancouver:

Collart Dinarte AJ. Econometric Methods to Analyze Consumer Behavior Using Hypothetical and Non-hypothetical Approaches. [Internet] [Thesis]. Texas A&M University; 2013. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/151878.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Collart Dinarte AJ. Econometric Methods to Analyze Consumer Behavior Using Hypothetical and Non-hypothetical Approaches. [Thesis]. Texas A&M University; 2013. Available from: http://hdl.handle.net/1969.1/151878

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

22. Li, Yarui. Analysis of The Housing Market in the Metropolitan Areas in the United States.

Degree: 2013, Texas A&M University

URL: http://hdl.handle.net/1969.1/151894

► The housing market plays a significant role in shaping the economic and social well-being of U.S. households. It helps spur U.S. economic growth when house… (more)

▼ The housing market plays a significant role in shaping the economic and social well-being of U.S. households. It helps spur U.S. economic growth when house prices rise, and drags the economic growth when house prices drop. In this dissertation, an analysis is conducted to project the direction of the U.S. housing market and to discover how it interacts with economic fundamentals. New pieces of information are found, which are deemed to facilitate decision making for both policy makers and investors. In the first part of the dissertation, the groupings of U.S. housing markets are studied using cluster and discriminant analysis. Three clusters are found, which are located in the central, the east coast, and the west coast of US. There are no price signals transmitted among these housing market clusters, nor within each cluster. Thus, the communication of information in the housing market is through the process of utility convergence of marginal residents, and no price convergence across regions is found. Next, the impact of credit constraint on the house prices is examined with the stochastic components of the price series being considered. Both a simulation technique and a DAG approach are employed. The resulting causal pattern shows that credit constraints affect the house prices directly and positively. Moreover, credit constraints work as an intermediary, passing the influence of the house investor, household income, and user cost onto house prices, which suggests that the credit relaxation policy should be carried out with caution when house inventory and household income send inconsistent signals. Last, the model selection for house price analysis is discussed from the perspective of large-scale models?dynamic factor (DFM) model and large-scale Bayesian VAR (LBVAR) model. The LBVAR models are found to have superior performance compared to the DFM model throughout the prediction period. Also, it is found that the combined forecasts do not necessarily outperform individual forecasts. Even though independent information from different individual models improves the forecast accuracy, the benefit gained from marginal information is offset by the larger error brought by such combination. Advisors/Committee Members: Leatham, David J (advisor), Bessler, David (committee member), Wu, Ximing (committee member), Li, Qi (committee member).

Subjects/Keywords: Housing Market; DAG; Large-scale Model

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APA (6^th Edition):

Li, Y. (2013). Analysis of The Housing Market in the Metropolitan Areas in the United States. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/151894

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Li, Yarui. “Analysis of The Housing Market in the Metropolitan Areas in the United States.” 2013. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/151894.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Li, Yarui. “Analysis of The Housing Market in the Metropolitan Areas in the United States.” 2013. Web. 14 Oct 2019.

Vancouver:

Li Y. Analysis of The Housing Market in the Metropolitan Areas in the United States. [Internet] [Thesis]. Texas A&M University; 2013. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/151894.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Li Y. Analysis of The Housing Market in the Metropolitan Areas in the United States. [Thesis]. Texas A&M University; 2013. Available from: http://hdl.handle.net/1969.1/151894

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

23. S?nchez Arag?n, Leonardo F. Addressing Practical Issues in Designing Weather Insurance Contracts for Risk Management Applications in Developing Countries.

Degree: 2014, Texas A&M University

URL: http://hdl.handle.net/1969.1/152664

► In this dissertation we address practical issues in designing weather insurance contracts for risk management in developing countries in three different scenarios. First, we develop… (more)

▼ In this dissertation we address practical issues in designing weather insurance contracts for risk management in developing countries in three different scenarios. First, we develop an innovative contract design strategy based on agronomic considerations that can be implemented in situations where only short and/or aggregate data series are available. We attempt to mitigate both the aggregate nature of yield data and the need for data-demanding analysis by looking at areas sharing the same growing conditions and using agronomic requirements to specify contract parameters. We find that the proposed contracts do not achieve the same degree of risk reduction as the contracts that can be constructed using no data limitations, but they do provide meaningful risk protection and typically at lower premiums. The implication is that the proposed methodology can be used to design weather derivatives for developing countries, where paucity of data often renders the conventional design approaches unworkable. The second essay aims to derive a general-form optimal payoff of an index contract that takes into account potentially nonlinear dependence between the index underlying the contract and the loss that is insured. We find that the quasi-linear contract payoff structure may not be the optimal choice if the dependence between the index and the yield/revenue is nonlinear. The implication is that the proposed methodology can help to improve risk-reducing capabilities of weather derivatives particularly in situations where the effect of weather on yield is complex and not obvious. The third essay analyzes the use of weather derivatives in managing water supply risk arising in making water allocation decisions. The specific application is developed for the Alto Rio Lerma Irrigation District (ARLID) in the state of Guanajuato in Mexico. We argue that incorporation of weather derivatives in water allocation decisions can improve overall well-being of producers and allow shift water allocations from the wet to the dry season with the assumption that the wet season farmers can cope with the risk of water shortages by using weather derivatives. We find that use of weather derivatives does lead to better water allocation policies that allow the representative farmer to reach higher levels of utility. The implication is that introduction of weather derivatives can help to improve water management decisions in developing countries where agriculture heavily depends on irrigation and can be severely affected by extreme weather events. Advisors/Committee Members: Vedenov, Dmitry (advisor), Bessler, David (committee member), Li, Qi (committee member), Welch, Mark (committee member).

Subjects/Keywords: Index insurance contracts; agronomic contract; optimal index insurance; water allocation; copula estimation; bellman equation

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APA (6^th Edition):

S?nchez Arag?n, L. F. (2014). Addressing Practical Issues in Designing Weather Insurance Contracts for Risk Management Applications in Developing Countries. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/152664

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

S?nchez Arag?n, Leonardo F. “Addressing Practical Issues in Designing Weather Insurance Contracts for Risk Management Applications in Developing Countries.” 2014. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/152664.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

S?nchez Arag?n, Leonardo F. “Addressing Practical Issues in Designing Weather Insurance Contracts for Risk Management Applications in Developing Countries.” 2014. Web. 14 Oct 2019.

Vancouver:

S?nchez Arag?n LF. Addressing Practical Issues in Designing Weather Insurance Contracts for Risk Management Applications in Developing Countries. [Internet] [Thesis]. Texas A&M University; 2014. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/152664.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

S?nchez Arag?n LF. Addressing Practical Issues in Designing Weather Insurance Contracts for Risk Management Applications in Developing Countries. [Thesis]. Texas A&M University; 2014. Available from: http://hdl.handle.net/1969.1/152664

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

24. Jiang, Shenzhe. Essays on Economic Dynamics.

Degree: PhD, Economics, 2017, Texas A&M University

URL: http://hdl.handle.net/1969.1/166020

► The dissertation includes two sections, which apply dynamic economic models to study different economic issues. The Section Two studies the optimal design of the Pacific… (more)

Subjects/Keywords: Dynamic Model; Contract Theory; Asset Pricing

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APA (6^th Edition):

Jiang, S. (2017). Essays on Economic Dynamics. (Doctoral Dissertation). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/166020

Chicago Manual of Style (16^th Edition):

Jiang, Shenzhe. “Essays on Economic Dynamics.” 2017. Doctoral Dissertation, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/166020.

MLA Handbook (7^th Edition):

Jiang, Shenzhe. “Essays on Economic Dynamics.” 2017. Web. 14 Oct 2019.

Vancouver:

Jiang S. Essays on Economic Dynamics. [Internet] [Doctoral dissertation]. Texas A&M University; 2017. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/166020.

Council of Science Editors:

Jiang S. Essays on Economic Dynamics. [Doctoral Dissertation]. Texas A&M University; 2017. Available from: http://hdl.handle.net/1969.1/166020

Texas A&M University

25. Zhang, Yu. Three Essays on Civil Conflict.

Degree: PhD, Agricultural Economics, 2017, Texas A&M University

URL: http://hdl.handle.net/1969.1/166058

► This dissertation consists of three essays investigating the determinants of civil conflict from the aspects of history, geography, and external assistance, respectively. Each of the… (more)

▼ This dissertation consists of three essays investigating the determinants of civil conflict from the aspects of history, geography, and external assistance, respectively. Each of the essays uses empirical economic techniques to analyze how these factors affect the spatial and temporal distributions of modern conflict events. I explore the long-run effects of slave trade on conflict in Africa. By using a geo-coded disaggregated dataset in sub-Saharan Africa and exploiting variation of slave trade intensity within countries, I find a robust positive relationship between slave exports from a region and current conflict prevalence. Evidence from an instrumental variable approach suggests that the relationship is causal. I then discuss the potential causal channels underlying the relationship, suggesting that slave trade is correlated with mistrust, local institution deterioration, and a weaker sense of national identity. I then examine how slave trade in history affects the relationship between weather shock and civil conflict. Exploiting weather variation during the growing season of the locally dominant crop, I find that adverse weather shock significantly increases the likelihood of conflict incidence, onset, and intensity. Furthermore, the effect of weather shock on the risk of civil conflict is substantially amplified by the exposure to slave trade. I also study the dynamic interdependences among foreign aid, development, and conflict. Although foreign aid is sensitively responsive to the conflict or development shock, its effects on reducing conflict and improving development are largely dependent on the wealth level and conflict proneness of the recipient country. I find that foreign aid only mitigates conflict in middle income developing countries, but can enhance the development of the poor and conflict-prone countries. Advisors/Committee Members: Price, Edwin (advisor), Bessler, David (advisor), Palma, Marco (committee member), Stevens, Reid (committee member).

Subjects/Keywords: Civil Conflict; Slave Trade; Weather Shock; Foreign Aid

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APA (6^th Edition):

Zhang, Y. (2017). Three Essays on Civil Conflict. (Doctoral Dissertation). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/166058

Chicago Manual of Style (16^th Edition):

Zhang, Yu. “Three Essays on Civil Conflict.” 2017. Doctoral Dissertation, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/166058.

MLA Handbook (7^th Edition):

Zhang, Yu. “Three Essays on Civil Conflict.” 2017. Web. 14 Oct 2019.

Vancouver:

Zhang Y. Three Essays on Civil Conflict. [Internet] [Doctoral dissertation]. Texas A&M University; 2017. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/166058.

Council of Science Editors:

Zhang Y. Three Essays on Civil Conflict. [Doctoral Dissertation]. Texas A&M University; 2017. Available from: http://hdl.handle.net/1969.1/166058

Texas A&M University

26. Paukett, Michelle Renee. Revenue Impacts of the 2015 Avian Influenza Virus Outbreak on United States Table Egg Wholesalers.

Degree: MS, Agricultural Economics, 2016, Texas A&M University

URL: http://hdl.handle.net/1969.1/158679

► From December 2014 to June 2015, the U.S. poultry industry experienced an outbreak of highly pathogenic avian influenza (HPAI), resulting in massive bird depopulations. Both… (more)

▼ From December 2014 to June 2015, the U.S. poultry industry experienced an outbreak of highly pathogenic avian influenza (HPAI), resulting in massive bird depopulations. Both turkey and egg producers were impacted and farms affected faced losses from costs of bird disposal and farm repopulation. This study isolates the table egg subsector of the poultry industry and looks at the revenue impact of the AI outbreak at the wholesale level. To determine this revenue impact, a vector error correction model (VECM) was defined and used to generate the counterfactual revenue during the time period the outbreak occurred. This counterfactual revenue was compared to the actual revenue observed during that time period and the difference is the revenue impact due to the outbreak, ceteris paribus. Additionally, machine learning algorithms, using residuals from the VECM, allowed us to determine causal relationships in contemporaneous time among the variables considered within the industry. The results from this study provide us with a better understanding of the table egg industry based on sound econometric modeling and provide a basis for conducting future revenue impact studies for similar events. Our model was developed using eight variables defined by previous studies including the number of hens and eggs, egg price, feed input prices, retail pork and beef prices, and real disposable personal income. After rigorous testing using RATS software, the vector error correction model for forecasting was identified with one lag and two cointegrating vectors. When the counterfactual revenue was compared to the actual revenue from December 2014 to June 2015, a gain of about $676 million to wholesalers was determined to be attributed to the outbreak. Additionally, residual analysis of contemporaneous relationships, as shown by directed acyclic graphs, indicated that egg price is independent of direct production quantities, hens and eggs, but is impacted by production costs such as feed input costs. These results can be accounted for by various factors including the inelasticity of egg price and the imperfectly competitive behavior of the wholesalers. Future studies can use price transmission principles to expand this study and identify AI outbreak impacts at the consumer and producer levels. Advisors/Committee Members: Dharmasena, Senarath (advisor), Bessler, David A (advisor), Coufal, Craig D (committee member).

Subjects/Keywords: Vector Error Correction Model; Revenue Impact; Avian Influenza; Table Eggs; Causality

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APA (6^th Edition):

Paukett, M. R. (2016). Revenue Impacts of the 2015 Avian Influenza Virus Outbreak on United States Table Egg Wholesalers. (Masters Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/158679

Chicago Manual of Style (16^th Edition):

Paukett, Michelle Renee. “Revenue Impacts of the 2015 Avian Influenza Virus Outbreak on United States Table Egg Wholesalers.” 2016. Masters Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/158679.

MLA Handbook (7^th Edition):

Paukett, Michelle Renee. “Revenue Impacts of the 2015 Avian Influenza Virus Outbreak on United States Table Egg Wholesalers.” 2016. Web. 14 Oct 2019.

Vancouver:

Paukett MR. Revenue Impacts of the 2015 Avian Influenza Virus Outbreak on United States Table Egg Wholesalers. [Internet] [Masters thesis]. Texas A&M University; 2016. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/158679.

Council of Science Editors:

Paukett MR. Revenue Impacts of the 2015 Avian Influenza Virus Outbreak on United States Table Egg Wholesalers. [Masters Thesis]. Texas A&M University; 2016. Available from: http://hdl.handle.net/1969.1/158679

Texas A&M University

27. An, Hyunjin. Three Essays on Climate Change, Pine Beetle Risk, Forest Productivity and Forestland Value.

Degree: 2015, Texas A&M University

URL: http://hdl.handle.net/1969.1/156233

► U.S. Forests are under significant pressure from global climate change. This study investigates the impact of climate change on U.S. forest at various aspects. In… (more)

▼ U.S. Forests are under significant pressure from global climate change. This study investigates the impact of climate change on U.S. forest at various aspects. In the first essay, I use a generalized linear model to examine how climatic conditions have influenced southern pine beetle (SPB; Dendroctonus frontalis Zimmermann) outbreaks in the southern U.S. and project future SPB infestations using the future climates projected by Global Climate models (GCMs). The estimation results indicate that climate significantly affects SPB outbreaks, but projected future SPB infestation would not move in one direction under the complex interactions between temperature and precipitation and the magnitude of damages would vary across the region. In the second essay, I use panel data analysis with various climate and spatial characteristic variables to investigate the effects of CO2 fertilization and climate variables on forest productivity across the U.S. The results from the second essay indicate that there is a significant correlation between climate variables and forest productivity. Also, projected global climate change would enhance future forest productivity in the South, the Pacific Coastal, and the northern Great Plains of the U.S. but likely threaten forest productivity in some regions such as the southern Great Plains. In the third essay, I investigate how forest carbon credits and SPB risk associated with climate change affect individual landowner?s decision making using a real options framework. The results of the third essay reveal that carbon sequestration would increase the value of standing forests, whereas higher SPB risk associated with climate change would reduce the forest value. The higher value of standing forests would encourage the landowners to delay timber harvest. Overall results of this study show that climate change will have a mixed impact on U.S. forests, which requires region-specific adaptation and mitigation strategies. Advisors/Committee Members: Gan, Jianbang (advisor), Bessler, David (committee member), Conner, J. Richard (committee member), Mjelde, James (committee member).

Subjects/Keywords: Climate change; Southern Pine Beetle; Forest productivity; Real option

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APA (6^th Edition):

An, H. (2015). Three Essays on Climate Change, Pine Beetle Risk, Forest Productivity and Forestland Value. (Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/156233

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

An, Hyunjin. “Three Essays on Climate Change, Pine Beetle Risk, Forest Productivity and Forestland Value.” 2015. Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/156233.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

An, Hyunjin. “Three Essays on Climate Change, Pine Beetle Risk, Forest Productivity and Forestland Value.” 2015. Web. 14 Oct 2019.

Vancouver:

An H. Three Essays on Climate Change, Pine Beetle Risk, Forest Productivity and Forestland Value. [Internet] [Thesis]. Texas A&M University; 2015. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/156233.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

An H. Three Essays on Climate Change, Pine Beetle Risk, Forest Productivity and Forestland Value. [Thesis]. Texas A&M University; 2015. Available from: http://hdl.handle.net/1969.1/156233

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Texas A&M University

28. Yi, Jing. Three Essays on Federal Crop Insurance.

Degree: PhD, Agricultural Economics, 2016, Texas A&M University

URL: http://hdl.handle.net/1969.1/174263

► This dissertation evaluates the demand for crop insurance and designs and demonstrates a methodology to estimate the impacts of climate change on the federal crop… (more)

▼ This dissertation evaluates the demand for crop insurance and designs and demonstrates a methodology to estimate the impacts of climate change on the federal crop insurance program (FCIP). An empirical model is built to estimate the demand for corn yield and revenue insurance and wheat yield insurance at each coverage level for the major production regions. Original Least Square regression is used. The results show that the elasticities of demand for federal crop insurance with respect to net premiums are significantly different across crops, coverage levels, insurance plans, and regions. At the 75% coverage level, the elasticity of demand for corn yield and revenue insurance with respect to net premium is -0.654 and -0.670, respectively, in the Southern Plains. The absolute values of the elasticities of demand for corn insurance (0.654 and 0.670) are much higher than the elasticities reported in the majority of the previous studies which do not separate coverage levels and regions in the crop insurance demand analysis. At the 80% coverage level, the elasticity of demand for corn yield insurance with respect to net premium is -0.230, -0.158, and -0.259 in the Corn Belt, Lake States, and Northern Plains, respectively, which are much smaller than the elasticity at the 75% coverage level in the Southern Plains (based on absolute values). For wheat yield insurance, the elasticity of demand with respect to net premium is -0.264 and -0.145 at the 75% coverage level in the Southern Plains and Northern Plains, respectively. In the Northern Plains, wheat producers would reduce their demand for federal yield insurance by 2.610%, 4.800%, and 7.211% at the 70%, 75%, 80% coverage level, respectively, given a 10 percentage points reduction. Producers in the Southern Plains are expected to reduce their demand for federal wheat yield insurance by 3.153% and 2.636% at the 70% and 75% coverage level, respectively, given a 10 percentage points cut in the subsidy rates. A methodology is built and demonstrated to evaluate the impacts of climate change on the FCIP for a representative grain sorghum farm. Different user interfaces of the APEX model are use to simulate crop yields for a representative farm. The simulated yields are further used to calculate the representative farm’s insurance premiums, indemnities, and loss ratios. The results indicate that the approved APH yields and federal yield protection insurance premiums would decrease as the grain sorghum yields trend to decrease as climate change continues. Federal crop insurance loss ratios are statistically different in year 2020, 2030, and 2040 for each climate change scenario. Therefore, which climate change scenario is assumed for analyses of the impacts of climate change on the FCIC would result in statistically different conclusions. The study also shows that the efficiency of the current APH formula will not be negated by climate change since no extreme yield change occurs during 2020 – 2040 based on the climate change forecasts. Advisors/Committee Members: Richardson, James W. (advisor), Bryant, Henry L. (advisor), Outlaw, Joe (committee member), Bessler, David (committee member).

Subjects/Keywords: Crop Insurance; demand; climate change; loss ratios

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APA (6^th Edition):

Yi, J. (2016). Three Essays on Federal Crop Insurance. (Doctoral Dissertation). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/174263

Chicago Manual of Style (16^th Edition):

Yi, Jing. “Three Essays on Federal Crop Insurance.” 2016. Doctoral Dissertation, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/174263.

MLA Handbook (7^th Edition):

Yi, Jing. “Three Essays on Federal Crop Insurance.” 2016. Web. 14 Oct 2019.

Vancouver:

Yi J. Three Essays on Federal Crop Insurance. [Internet] [Doctoral dissertation]. Texas A&M University; 2016. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/174263.

Council of Science Editors:

Yi J. Three Essays on Federal Crop Insurance. [Doctoral Dissertation]. Texas A&M University; 2016. Available from: http://hdl.handle.net/1969.1/174263

Texas A&M University

29. Eun, Sungtae. The Impact of the Tōhoku Earthquake on Greenhouse Gas Emission of Japan: A Synthetic Control Method Study.

Degree: MS, Agricultural Economics, 2016, Texas A&M University

URL: http://hdl.handle.net/1969.1/174283

► The synthetic control method (SCM) has been used to assess the impact of a natural disaster, conflict, and political change. The SCM shows an efficient… (more)

Subjects/Keywords: Synthetic Control Method; Natural disaster; Nuclear disaster; Fukushima disaster; Causal inference

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Eun, S. (2016). The Impact of the Tōhoku Earthquake on Greenhouse Gas Emission of Japan: A Synthetic Control Method Study. (Masters Thesis). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/174283

Chicago Manual of Style (16^th Edition):

Eun, Sungtae. “The Impact of the Tōhoku Earthquake on Greenhouse Gas Emission of Japan: A Synthetic Control Method Study.” 2016. Masters Thesis, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/174283.

MLA Handbook (7^th Edition):

Eun, Sungtae. “The Impact of the Tōhoku Earthquake on Greenhouse Gas Emission of Japan: A Synthetic Control Method Study.” 2016. Web. 14 Oct 2019.

Vancouver:

Eun S. The Impact of the Tōhoku Earthquake on Greenhouse Gas Emission of Japan: A Synthetic Control Method Study. [Internet] [Masters thesis]. Texas A&M University; 2016. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/174283.

Council of Science Editors:

Eun S. The Impact of the Tōhoku Earthquake on Greenhouse Gas Emission of Japan: A Synthetic Control Method Study. [Masters Thesis]. Texas A&M University; 2016. Available from: http://hdl.handle.net/1969.1/174283

Texas A&M University

30. Menzies III, Max Duery. Tuition Elasticity at the College Level and Its Effect on Differential Tuition Rates.

Degree: PhD, Educational Administration, 2017, Texas A&M University

URL: http://hdl.handle.net/1969.1/169651

► Increasing higher education enrollment and decreasing state and national funding has created a fiscal problem for higher education institutions in the United States. Differential tuition… (more)

▼ Increasing higher education enrollment and decreasing state and national funding has created a fiscal problem for higher education institutions in the United States. Differential tuition charged to a variety of subsets of students is increasingly used to close funding gaps. This research uses demand analysis and elasticities to determine differences between eight colleges at a public university to determine which, if any, should be charging differential tuition. Impacts of potential changes to tuition rates on student access are discussed. Demand equations were created using ordinary least squares for eight colleges, Agriculture, Architecture, Business, Education, Engineering, Geosciences, Liberal Arts, and Sciences, using college applications as the dependent variable and assorted cost and macroeconomic variables as independent variables. A second model was determined using Directed Acyclic Graph theory and used to create a model for to answer policy questions. Own-price elasticities (OPE) calculated from the colleges with significant variables in the policy models ranged from .3 to -1.64. Two colleges showed as elastic, OPE with an absolute value of greater than 1, indicating that a decrease in tuition would increase revenue and enrollments. One college was inelastic, OPE with an absolute value of less than 1, indicating that while an increase in tuition would lower enrollment, it would increase revenue. Engineering had a calculated OPE that was positive, indicating the possibility that demand changed at a faster rate than supply. Charging the correct form of differential tuition at a 10% level change to these colleges could result in over $4 million additional revenue from first-year students alone. It is suggested to consider differential tuition plan based on calculated elasticities to generate more revenue. If implemented, a large percentage of the funds should be used to create institution-level, need-based, financial aid for students from low socioeconomic and minority backgrounds. The aid should be in the form of grants to reduce the risk of students graduating with high student debt. Advisors/Committee Members: Musoba, Glenda (advisor), Bessler, David (committee member), Lechuga, Vicente (committee member), Lincolnd, Yvonna (committee member).

Subjects/Keywords: elasticity of tuition; differential tuition; inelastic tuition; elastic tuition

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APA (6^th Edition):

Menzies III, M. D. (2017). Tuition Elasticity at the College Level and Its Effect on Differential Tuition Rates. (Doctoral Dissertation). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/169651

Chicago Manual of Style (16^th Edition):

Menzies III, Max Duery. “Tuition Elasticity at the College Level and Its Effect on Differential Tuition Rates.” 2017. Doctoral Dissertation, Texas A&M University. Accessed October 14, 2019. http://hdl.handle.net/1969.1/169651.

MLA Handbook (7^th Edition):

Menzies III, Max Duery. “Tuition Elasticity at the College Level and Its Effect on Differential Tuition Rates.” 2017. Web. 14 Oct 2019.

Vancouver:

Menzies III MD. Tuition Elasticity at the College Level and Its Effect on Differential Tuition Rates. [Internet] [Doctoral dissertation]. Texas A&M University; 2017. [cited 2019 Oct 14]. Available from: http://hdl.handle.net/1969.1/169651.

Council of Science Editors:

Menzies III MD. Tuition Elasticity at the College Level and Its Effect on Differential Tuition Rates. [Doctoral Dissertation]. Texas A&M University; 2017. Available from: http://hdl.handle.net/1969.1/169651

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