This thesis consists of two essays on applied microeconomics issues. The first
essay presents a hedonic price econometric model of vacant commercial land. The second
essay presents cost frontier analysis on the industry and firm's performance of the U.S.
Motor Carrier industry.
Our hedonic price econometric model includes two new...
In modern economies, national governments have a wide
range of policies for restricting international trade and
protecting domestic industries at their disposal. The most
popular form of non-tariff trade policies is probably that
of a direct quantitative restriction. This policy takes
two principal forms: explicit import quotas and voluntary
export...