Published October 1981. Facts and recommendations in this publication may no longer be valid. Please look for up-to-date information in the OSU Extension Catalog: http://extension.oregonstate.edu/catalog
The problem of deciding exactly how to allocate a limited amount
of capital resources among competing investment alternatives in order
to provide the greatest economic benefit to the business enterprise has
been a subject of interest for nearly a century. Many decision models
and methods for evaluation and comparison of...
It is the purpose of this study to examine some statistically-oriented considerations which may facilitate
portfolio selection policies. Many of the preliminary
topics discussed parallel and extend the notions of
W. J. Baumol, H. M. Markowitz, and W. F. Sharpe.
The crux of the study introduces a quadratic programming
algorithm...
This research studies the effect of corruption on Foreign Direct Investment (FDI) in various industries. We use industry level data of US Investments abroad in 60 host countries from 1990 to 2002. We explore the questions of whether corruption is an impediment to FDI and if so, how does this...
Published June 1988. Facts and recommendations in this publication may no longer be valid. Please look for up-to-date information in the OSU Extension Catalog: http://extension.oregonstate.edu/catalog
The last two decades have witnessed a triumph of free market policies in many developing countries and thus an increase in trade and financial openness. While economic theory provides a solid justification of the fact that trade and financial openness for a small economy with perfectly competitive markets improve resource...
Revised January 1999. Facts and recommendations in this publication may no longer be valid. Please look for up-to-date information in the OSU Extension Catalog: http://extension.oregonstate.edu/catalog
The goal of this study is to test the accuracy of
various mutual fund timing and selectivity models under a
range of portfolio managerial skills and varying market
conditions. Portfolio returns in a variety of skill
environments are generated using a simulation procedure. The
generated portfolio returns are based on...
Foreign direct investment (FDI), the movement of long-term capital, has been increasingly important in the world economy since the early 1970s. Its growth rate outpaces that of trade in goods and gross national product (GNP) during the same period. Prior literature mostly focuses on either the causes (determinants) of FDI...
In this paper a data envelopment model is presented to evaluate short term investment decisions in the Dutch beam trawl and demersal fleet. We investigated how short run profit drives investment decisions and how a data envelopment analysis can be used to show what the optimal level of capital use...
The purpose of this thesis is to provide an estimate of sunk costs in the U.S. brewing industry and analyze the relationships among sunk costs, advertising, and concentration. The estimation procedures involves three steps: (1) estimation of the market value of new and used plant and equipment per barrel of...
The purpose of this paper is to provide background information
and some statistics relevant to a discussion on trade policy. The
focus is primarily on the impacts of imports on U.S. employment
levels. The paper consists of four parts, the first three of which
are theoretical in nature.
Parts 1...
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...
Nonprofit organizations are feeling increased pressure to demonstrate their service’s impacts to their investors. Social return on investment is a tool that measures the social efficiency, or social return, of services by calculating a social return ratio. While social return on investment has seen increasing use by nonprofit organizations, a...
In this dissertation, we study two risk models. First, we consider the dual risk process which models the surplus of a company that incurs expenses at a constant rate and earns random positive gains at random times. When the surplus is invested in a risky asset following a geometric Brownian...