Levee management has historically been considered a local governance issue. Many users of the Portland International (PDX) airport may have no knowledge that the airport is in a floodplain and is protected by a hundred year old levee. This study asked survey respondents across the U.S. how much they would...
Increased efficiency of household energy-using appliances effectively lowers the price of the services these devices provide. Basic consumer theory predicts that ceteris paribus, these lower prices will increase usage, thus making the effect on total energy demand ambiguous. In the literature, this phenomenon
has been called the rebound effect. In...
This paper empirically examines the effects of population aging on international trade using a cross-country panel data set for a select group of 22 OECD countries. Other recent studies have examined the effects of population age on other economic variables such as growth, savings, and investment but none till now...
The relationship between a country's degree of openness and its economic well-being has been examined extensively both theoretically and empirically. Numerous empirical studies using different openness measures have found a positive effect of openness on growth. However, the validity of such measures have
come into question due to data issues....
This study examines the relation between political parties in the United States and foreign direct investment (FDI) using a panel data gravity model of 42 countries from 1980 to 2006. The Democratic Party and the Republican Party differ on economic platforms, and the changing of relative power in government between...