This paper examined income convergence in 875 counties of the 10-state southeastern region using Census data for 1980 and 2000. Logarithmic difference of average per capita income between those years was regressed on socioeconomic variables. Changes in education, labor force, and employment were...

County-level data for 11 southern states were used to examine income convergence between 1980 and 2000. Ordinary least squares regression of logarithmic difference on average per capita income in 1980 and 2000 indicated conditional income convergence over the 20-year period. The estimated rate...

The purpose of the paper is to understand the soci-economic factors affecting the distribution of community reinvestment act loans across four income groups using county level information from 1996-2004 for the delta region. The specific objectives of the paper 1) Estimate an seemingly unrelated...

The cotton harvesting industry is in the beginnings of its next technological advance, cotton harvesters that form cotton modules inside the machine then deposit them off the rows. These new machines eliminate the need for extra labor and equipment, but are more expensive than conventional...

This paper studies how various governance mechanisms affect the performance of microfinance institutions in Central and Eastern Europe and the Newly Independent States. Results show that managerial compensation matters, that market forces are becoming important disciplining device, and that...

China adopted a mandatory labeling policy of Genetically Modified (GM) food products in 2002. The strategy of separating trading was intended by Chinese regulators to protect domestic non-GMO production, provide non-GM soybean growers a higher selling price, and facilitate marketing. On December...

This study used experimental data from West Lafayette, Indiana to examine the economic benefits of applying fungicide to corn. The average improvements in yield, gross revenue, and net return (gross revenue minus fungicide and application cost) were 4 bushels per acre, $19 per acre, and -$9 per...

Cost of reducing pollution to meet increasingly stringent air quality standards particularly for the U.S. cotton ginning industry is rising overtime. Most industry participants use cyclones to control air pollutants. These cyclones have no moving parts and their initial investment costs are...

Financial accounting has emphasized the historical cost approach because of its objectivity. Yet in the event of bankruptcy and liquidation, assets will be liquidated at their market values. In this paper, we compare the probability of insolvency computed using market values to the probability...