Immigration, wages, and compositional amenities

Economists are often puzzled by the stronger public opposition to immigration than trade, since the two policies have symmetric effects on wages. Unlike trade, however, immigration changes the composition of the local population, imposing potential externalities on natives. While previous studies have focused on fiscal spillovers, a broader class of externalities arise because people value the ‘compositional amenities’ associated with the characteristics of their neighbors and co-workers. In this paper we present a new method for quantifying the relative importance of these amenities in shaping attitudes toward immigration. We use data for 21 countries in the 2002 European Social Survey, which included a series of questions on the economic and social impacts of immigration, as well as on the desirability of increasing or reducing immigrant inflows. We find that individual attitudes toward immigration policy reflect a combination of concerns over conventional economic impacts (i.e., on wages and taxes) and compositional amenities, with substantially more weight on composition effects. Most of the difference in attitudes to immigration between more and less educated natives is attributable to heightened concerns over compositional amenities among the less-educated

Rigorous theory of nuclear fusion rates in a plasma

Real-time thermal field theory is used to reveal the structure of plasma corrections to nuclear reactions. Previous results are recovered in a fashion that clarifies their nature, and new extensions are made. Brown and Yaffe have introduced the methods of effective quantum field theory into plasma physics. They are used here to treat the interesting limiting case of dilute but very highly charged particles reacting in a dilute, one-component plasma. The highly charged particles are very strongly coupled to this background plasma. The effective field theory proves that this mean field solution plus the one-loop term dominate; higher loop corrections are negligible even though the problem involves strong coupling. Such analytic results for very strong coupling are rarely available, and they can serve as benchmarks for testing computer models.Comment: 4 pages and 2 figures, presented at SCCS 2005, June 20-25, Moscow, Russi

PATENTS, R&D AND LAG EFFECTS: EVIDENCE FROM FLEXIBLE METHODS FOR COUNT PANEL DATA ON MANUFACTURING FIRMS

Hausman, Hall and Griliches (1984) and Hall, Griliches and Hausman (1986) investigated whether there was a lag in the patent-R&D relationship for the U.S. manufacturing sector using 1970¿s data. They found that there was little evidence of anything but contemporaneous movement of patents and R&D. We reexamine this important issue employing new longitudinal patent data at the firm level for the U.S. manufacturing sector from 1982 to 1992. To address unique features of the data, we estimate various distributed lag and dynamic multiplicative panel count data models. The paper also develops a new class of count panel data models based on series expansion of the distribution of individual effects. The empirical analyses show that, although results are somewhat sensitive to different estimation methods, the contemporaneous relationship between patenting and R&D expenditures continues to be rather strong, accounting for over 60% of the total R&D elasticity. Regarding the lag structure of the patents-R&D relationship, we do find a significant lag in all empirical specifications. Moreover, the estimated lag effects are higher than have previously been found, suggesting that the contribution of R&D history to current patenting has increased from the 1970¿s to the 1980¿s.Innovative activity, Patents and R&D, Individual effects, count panel data methods.

Searching for low mass objects around nearby dMe radio stars

Nearby M-dwarfs are best suited for searches of low mass companions. VLBI phase-referencing observations with sensitive telescopes are able to detect radio star flux-densities of tenths of mJy as well as to position the star on the sky with submilliarcsecond precision. We have initiated a long-term observational program, using EVN telescopes in combination with NASA DSN dishes, to revisit the kinematics of nearby, single M dwarfs. The precision of the astrometry allows us to search for possible companions with masses down to 1 Jupiter mass. In this contribution we report preliminary results of the first observation epochs, in which we could detect some of the radio stars included in our program.Comment: Proceedings of the 6th European VLBI Network Symposium, Ros E., Porcas R.W., Lobanov A.P., & Zensus J.A. (eds.), MPIfR, Bonn, Germany, p. 255-258 (2002). 4 pages, 3 figures, needs evn2002.cl