TESTING FOR AGGREGATION AND SIMULTANEOUS BIAS IN U.S. SOYBEAN EXPORT EQUATIONS

Most previous estimates of elasticities of export demand for U.S. soybeans have emanated from single import equations subject to aggregation and simultaneous equation bias. This analysis tests U.S. soybean export data for aggregation and simultaneous equation bias and divides the aggregated data into six market equations to reduce these biases. Elasticity estimates from the six equations are compared with elasticity estimates from single equation OLS and 2SLS estimations using the same aggregate data. Results suggest that distortions from unjustified 2SLS estimation may exceed those from aggregation bias.International Relations/Trade,

The Enigma of Host-Parasite Relations in Amebiasis

Talk given by Cecil A. Hoare from the Wellcome Laboratories of Tropical Medicine, London, Englan

Why Have Chapter 11 Bankruptcies Failed So Miserably? A Reappraisal of Congressional Attempts to Protect a Corporation\u27s Net Operating Losses After Bankruptcy

This Article will first outline the history of judicial and statutory limitations on the free transferability of net operating losses, highlighting congressional attempts to afford more favorable treatment to troubled corporations reorganizing in Title 11 proceedings. It will then examine the operation of section 382 of the 1986 Code, again focusing on those provisions designed to assist in the successful reorganization of these corporations, and will demonstrate the wholesale inability of these provisions to preserve the net operating losses of troubled corporations. Finally, the Article will propose an amendment to section 382 that would increase the likelihood that corporations will be allowed to retain their net operating losses following bankruptcy. This amendment would improve the success rate of Chapter 11 bankruptcies, effectuate the legislative policies underlying section 382, and reduce the devastating economic impact of corporate liquidations

Conversations with Australian Indigenous Females Revealing Their Motives When Establishing a Sustainable Small Business

The Australian government has expressed commitment for Aboriginal entrepreneurship contending it is a pathway for ameliorating poverty, improving economic self-reliance, and building life quality. Yet a restrained geographic and sector spread of Australian Indigenous small business suggests there may be other important motives for starting an enterprise. This paper narrates responses from conversations with Aboriginal women ata remote settlement in the Northern Territory of Australia to reveal they were driven not by desires to acquire wealth, improve their educational opportunities or to escape poverty, but by practical aspirations of operating a local store selling household commodities used in daily living, a coffee shop meeting place, and to meaningfully change their existing community roles enabling them to ‘get off welfare’. Documenting the experiences and expectations of these Indigenous women exposes how Aboriginal culture, family, and community socialising networks can contribute to fostering female entrepreneurship

A Reappraisal of Attorneys\u27 Fees in Bankruptcy

This Article attempts to create a new method for approaching the priority of attorneys’ fees in bankruptcy. It criticizes Lamie for not going far enough toward resolving the attorneys’ fees issue, and proposes a statutory amendment to the Bankruptcy Code that will harmonize the interests of both creditors and debtors who are seeking bankruptcy protection during these difficult economic times

A New Approach to the \u3cem\u3eDevīmāhātmya\u3c/em\u3e: The Greatness of the Goddess in its Purāṇic Context

Although the text of the Devīmāhātmya is itself a section of the Mārkaṇḍeya Purāṇa, recent scholarship has taken a primarily extrinsic approach to the text and its use by emphasizing the life of the Devīmāhātmya (henceforth DM) well apart from the textual tradition of the purāṇas. A reading of the DM in the context of the MārkP is instructive, because it reveals some interesting thematic connections that are indicative of larger thematic trends within the purāṇa, which prior extrinsic studies have not explored. Broadly speaking, these themes glorify women and Goddesses as positive manifestations of some fundamental female energy and efficacy. These themes occur in the DM and also occur in other narratives within the MārkP that praise female actors who restore order in times of crisis. An evaluation of these thematic connections will show that the DM is best understood not only as an important text in its own right, but as an important piece of the MārkP as a whole. Conversely, the subject matter of the MārkP should not be viewed as unrelated to that of the DM. Therefore, my thesis is a preliminary effort to situate a text glorifying the Goddess in its purāṇic context through an analysis of narrative and thematic content

Indigenous entrepreneurship in timber furniture manufacturing: The Gumatj venture in Northern Australia

Despite commitment by the Australian Government to improve the economic independence of Indigenous people Aboriginals and Torres Strait Islanders they are the most socio economic disadvantaged group relative to other Australians. This commitment manifests in the four main strands of; 1) welfare, 2) installation of the Community Development Employment Projects (CDEP) scheme, 3) legislation enabling Traditional Land Owners and miners to negotiate agreements for training and employment of Indigenous people, and 4) programmes to encourage Indigenous entrepreneurship. This paper reports an Australian Indigenous entrepreneurial business (furniture making) initiated by the Gumatj clan of the Yolngu people in East Arnhem Land in the Northern Territory (NT) of Australia. These Indigenous people are employed in timber milling and transporting the milled timber to Gunyangara on the Gove Peninsula where it is dried and used to make furniture. Overcoming the literature documented barriers to Australian Indigenous entrepreneurship compelled the Gumatj to develop a business model with potential to foster pathways for other Indigenous small business endeavours