Foreign direct investment and transition economies: empirical evidence from a panel data estimator

This paper identifies the factors that determine FDI inflows in the former socialist countries of Eastern and Central Europe. In our analysis, FDI inflows are modeled as a function of the market size (i.e., real GDP), inflation, the current account balance, the real exchange rate, openness and government regulation for the host country. Using data from 1995 to 2004, a panel data estimator suggests that the real exchange rate, openness of the economy and deregulation are the primary factors determining FDI inflows in these countries.

Out of Big Brother\u27s Shadow: Ranking Economics Faculties at Regional Universities in the US South

This study applies the methodology of a recent study that ranks economics departments at national universities in the U.S. South to economics faculties at regional universities in the same geographic location. Ranking results from a “core” (i.e., the top five faculty researchers) of each institution\u27s economics faculty reveals that Appalachian State University, James Madison University, Southeastern Louisiana University, Trinity University and Loyola University – New Orleans currently maintain the top five economics faculties, respectively, among the approximately 200 regional universities in the U.S. South

The Impact of Scholarship in Servant Leadership: Journals and Institutions

This study examines the impact of research published in the two academic journals in servant leadership – International Journal of Servant-Leadership and the Servant Leadership: Theory & Practice. Although various metrics suggest that the latter (and younger) journal has generally been more impactful, other metrics indicate that more “home run” research has thus far appeared in the former (and older) outlet. Analysis of the institution-based data reveals that affiliates of the Spears Center for Servant Leadership have produced the most impactful research in servant leadership, followed by those faculty and others at Regent University, Utah Valley University, Our Lady of the Lake University and Indiana Wesleyan University. Other prominent institutions in the servant leadership realm include Ashford University, Gonzaga University, the U.S. Army, Palm Beach Atlantic University and Southeastern University

Opportunism vs. Excellence in Academia: Quality Accreditation of Collegiate Business Schools

This study extends the literature on the (in)effectiveness of quality accreditation by examining how standards adopted by an accrediting or research agency, such as the Association to Advance Collegiate Schools of Business International (AACSB), can be manipulated by academic units, such as collegiate schools of business. We present a hierarchical differential game between a collegiate business school and its accrediting agency to advance the hypothesis that strategic or opportunistic behavior occurs where heterogeneity in academic achievement exists, as represented by an uneven distribution of academic achievement resulting either from the presence of both unproductive and highly productive faculty or periods of high academic productivity followed by other periods of low academic productivity. Statistical explorations utilizing data from senior management faculty affiliated with both the highest-ranking and lowest-ranking colleges and universities in the U.S. are suggestive of the presence of incentives facing some U.S. business schools to behave strategically or opportunistically in terms of quality accreditation

The Competitive Struggle to Win Tournaments: The Allies’ Race to Capture Adolf Hitler’s Eagle’s Nest

Tournament theory posits that there are situations where winning matters a lot and, as a result, agent rewards are not proportional to performance. According to tournament theorists, the large pay differentials that exist between organizational levels are intended to motivate agents to exert greater effort in an attempt to win the prize. Although a large corpus of literature on tournaments has emerged over time, little is known about the social dynamics involved in tournaments. This article addresses this gap through a historical narrative concerning how Allied forces in World War II competed to capture Adolf Hitler’s famed Bavarian reception house, known to the world as the Eagle’s Nest

Human Capital and Collegiality in Academic Beehives: Theory and Analysis of European Economics Faculties

This study investigates the importance of the quality of human capital investment and collegiality (i.e., good colleagues) in achieving the type of acclaim in economics captured by receipt of the Yrjö Jahnsson Award, arguably the second-most prestigious award that a European economist can receive as recognition of the importance of his or her research endeavors. We provide an economic model as a foundation for both qualitative and quantitative analyses. Our results indicate that four institutions, namely the Toulouse School of Economics, University College London, University of Oxford and the London School of Economics generally rank highest in supporting a position of acclaim among academic economics faculties in Europe

Stock Market Prices and the Macroeconomics of Emerging Economies: the Case of India

This paper investigates the relationship between stock market capitalization  (stock prices) and selected macroeconomic variables in India.  The empirical results suggest that, in the long run, output growth and exchange rate are positively related to stock prices, while money supply exhibits a negative relationship to stock market capitalization. In the short run most of the variation in the stock market is captured by its own innovation, although the exchange rate, the price level and the interest rate seem to have some effect on the short-run stock capitalization

Ranking Economics Journals, Economics Departments, and Economists Using Teaching-Focused Research Productivity

This paper constructs new rankings of economics journals, economics departments, and economists that employ a measure of teaching-focused research productivity, an area of growing importance in recent years. The ranking methodologies presented here use information from articles that were published from 1991 through the early part of 2005 within the Journal of Economic Literature\u27 s economic education classifications (A200-A290). The Journal of Economic Literature tops the list of journals, followed by the Review of Economics and Statistics and the American Economic Review . Among the top institutions are Vanderbilt University, Indiana University, and the University of Wisconsin. Others that rank high here, such as Oberlin College and Denison University, do not often fare as well using methodologies that evaluate more traditional types of economics research. Finally, among the economists we find that John Siegfried, William Becker, and Michael Watts are ranked above other economists

Television Revenue and the Structure of Athletic Contests: The Case of the National Basketball Association

This study points out that changes in the format of the playoffs in the National Basketball Association have had the effect of lengthening the championship series and reducing the variance in the length of the series. These are valuable goals for the organization because they provide higher television ratings and revenues for the teams involved. Empirical evidence presented here suggests that viewership among 1.2 million additional households is at stake.Basketball; Television