Recently added articles from Southern Economic Journal:
Editor's report.(Editorial)
Oct 01, 2009; ... Editorial Statistics From January 1, 2008, through December 31, 2008, the Editorial Office received 343 new manuscript submissions. Tables 1-4, provide information about the editorial process and the journal for the past year and some previous years. Table 1 shows ...
Did leaving the gold standard tame the business cycle? Evidence from NBER reference dates and real GNP.
Oct 01, 2009; ... 1. Introduction "Our empirical results are striking [ ...] a clear rejection of the null hypothesis of no postwar duration stabilization." This is how Diebold and Rudebusch (1999, p. 7) summarize the six papers that constitute the second part of Business Cycles: Durations, ...
Smuggling illegal versus legal goods across the U.S.-Mexico border: a structural equations model approach.
Oct 01, 2009; ... 1. Introduction In this article, we study smuggling across the U.S.-Mexico border from 1975 to 2004. We contribute to the literature in the following ways: First, we treat smuggling as an unobservable variable. Using a Multiple Indicators Multiple Causes (MIMIC) model we capture ...
Pharmaceutical patents: incentives for research and development or marketing?
Oct 01, 2009; ... 1. Introduction A patent protects the patent-holder from firms copying its product for a given period. In other words, patents restrict entry of homogeneous (identical) products during the patent period. However, patents rarely lead to a complete monopolization of a market. In ...
Social welfare in sports leagues with profit-maximizing and/or win-maximizing clubs.
Oct 01, 2009; ... 1. Introduction Welfare analysis is the heart of economics. There is a huge body of literature devoted to the welfare effects of regulations, institutions, policies, and the like. Surprisingly, there are hardly any welfare analyses in the professional team sports industry. We ...