Southwestern Society of Economists
Annual Meeting Program
Thursday, March 16 to Saturday, March 18, Y2K
San Antonio, Texas


1999 - 2000 Officers:
President:  Waldo L. Born, Eastern Illinois University
President Elect and Program Chair:  Warren Matthews, Kingwood College
Vice-President:  Edward M. McNertney, Texas Christian University
Secretary-Treasurer: Elizabeth L. Rankin, Centenary College
Editor, Southwestern Economic Review: John S. Kaminarides, Arkansas State University

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Program Committee:
  Waldo L. Born, Eastern Illinois University
  Jerry Crawford, Arkansas State University
  Bobby Dooley, Louisiana State University, Eunice
  Lynn Gillette, Houston Baptist University
  Carl Montano, Lamar University
  Bill Rickman, Ft. Hays State University

Executive Committee:
  Waldo L. Born, Eastern Illinois University
  Carl Montano, Lamar University
  Jerry Crawford, Arkansas State University
  Bill Rickman, Ft. Hays State University



Thursday, March 16, 2000

8:30 – 10:00    Thursday, March 16

 SESSION A:     INTERNATIONAL TRADE
 
 
Chair:  Jim F. Couch, University of North Alabama

Discussants: Richard K. Ford, University of Arkansas at Little Rock
  Syed Ahmad, Red Deer College
  Reynolds Griffith, Stephen F. Austin State University
 William H. Stoever, Seton Hall University
 
The Impact of Trade Liberalization on Technical Progress and
Efficiency Change on Industry in Bangladesh
 M. Kabir Hassan, University of New Orleans
 Ishan Isik, University of New Orleans

Mercosur and the Single Currency
 Francis A. Lees, St. John’s University

Who Drives the Asian-Pacific Markets? US or Japan?
Ali F. Darrat, Louisiana Tech University

The New Currency for Europe: The Future of the Euro Depends on the actions of the European Central Bank and the European System of Central Banks
Elbert V. Bowden, Appalachian State University
 

8:30-10:00    Thursday

SESSION B:  REGIONAL SCIENCE AND URBAN ECONOMICS

Chair:   Charles N. Weaver, St. Mary’s University

Discussants: Anne Macy, West Texas A&M University
 Neil Terry, West Texas A&M University
 Edward M. Flowers, St. John’s University

Evaluating Economic Advantage In Economic Development using Data Available From Government Sources
Waldo L. Born, Eastern Illinois University

Economic Growth and Development “Casino Gaming in Louisiana:  Are the Economic Results Always Positive?”
 Barbara J. Davis,  Centenary College
 Helen B Sikes,  Centenary College

Inflation Indexed Bonds, Present Value and Economic Experts
Allyn Needham,  Shipp, Needham & Durham, L.L.C.

10:30-12:30   Thursday

SESSION A:  MACROECONOMICS THEORY AND POLICY I

 
Chair:  Edwin Deshautell, LSU Eunice

Discussants:  Fatma Raouf, David Myers College
           Waldo Born, Eastern Illinois University
    Anisul Islam, University of Houston, Downtown
 
Predicting the Money Multiplier:  The Case for Bangladesh
M. Kabir Hassan, University of New Orleans
Syed Abul Bashar, North South University Dhaka, Bangladesh
Muhammed Mustafa, South Carolina State University

A Macroeconomic Model of a Small Developing Economy and Its Policy Implications
M. Kabir Hassan,  University of New Orleans
Syed Abul Bashar, North South University Dhaka, Bangladesh
Ihsan Isik,  University of New Orleans

The Capital-Energy Substitutability Controversy in Thailand:  A VAR/CAUSALITY Approach
Benjamin S. Cheng, Southern University
Donald R. Andrews, Southern University
 

10:30-12:00 Thursday

SESSION B:  MONETARY THEORY AND POLICY
 

Chair:     James Lawrence, Macon State College

Discussants:   George Samuels, Sam Houston State University
   Allyn Needham,  Shipp, Needham & Durham, L.L.C.
  C. Norfleet Jeffries, Jackson State University
 
The Causes and the Aftermath of  the Asian Currency Crisis
Syed M. Ahmed, Red Deer College
Golam Mohammed, University of Houston- Clear Lake

Does Money Matter? Evidence From Mexico
Syed M. Ahmed, Red Deer College
Mohammed Ansari, Radford University

Stock Market Return and Monetary Policy in the US
Syed M. Harun, University of New Orleans
M. Kabir Hassan, University of New Orleans

10:30-12:00  Thursday

SESSION C:  ECONOMICS APPLICATIONS

Chair:  Bobby J. Dooley,  Louisiana State University, Eunice

Discussants:    Barbara J. Davis, Centenary College of Louisiana
   John E. Morgan,  Campbell University

Tax Returns Prepared By Professionals and IRS Audits: An Investigation Into the Relationship Between The Internal Revenue Service and The Accounting Profession
Jim Couch, The University of North Alabama
Lewis Smith, The University of Mississippi
Keith Atkinson, Delta State University
The Potential Impacts of the Americans with Disabilities Act On Estimates of Loss in Personal Injury Cases
Michael J. Daniels, Columbus State University
 
OSHA Citations and Board of Directors Composition:  A Monitoring Effect
Robert Williams, The University of North Alabama
Jim F. Couch, The University of North Alabama
William H. Wells, Merrimack College
Don Nelson, Merrimack College
 

10:30 – 12:00  Thursday
 

Session D:  Invited Paper Session – Foreign Direct Investment

Chair:  Francis A. Lees, St. John’s University

Foreign Strategic Investment Opportunities in Poland
T. Borkowski, Jagellonian University, Cracow
J. Nathan, St. John’s University

Corporate Governance and the Role of Strategic Investors in South Korea
Chang-Soo Kim, South Korea
Edward Flowers, St. John’s University

German FDI Flows: Corporate Restructuring and Valuation
Francis A. Lees, St. John’s University

Government Policy and Foreign Direct Investment in Emerging Market Countries
William Stoever, Seton Hall University
 

1:30-3:00 Thursday

SESSION A:   ECONOMIC EDUCATION I

Chair:   C. Norfleet Jeffries,  Jackson State University

Discussants:   Barry Duman,  West Texas A&M University
   Walter R. Keithly, Louisiana State University
 
Simplifying Microeconomic Concepts
John E. Morgan,  Campbell University
 
Inspiring Active Learning in Principles of Microeconomics through Team Comprehensive Oral Exams
 Lynn G. Gillette,  Houston Baptist University
C. Michelle Carbone,  Houston Baptist University
Angie Miller,   Houston Baptist University

The Role of the Entrepreneur:  Views of Richard Cantillion and Jean Baptiste Say
C.  Norfleet Jeffries,  Jackson State University
 
The Influence of Experimental Economic Activities on Test Performance in Economics for African-American Students
Donald R. Andrews, Southern University
Krishna Agnihotri, Southern University
Ross Daniel, Southern University
Ashagre Yigletu, Southern University
 
1:30-3:00 Thursday

SESSION B:  LABOR ECONOMICS I

Chair:   Bill Rickman, Ft. Hayes State University

Discussants:  Anisul Islam,  University of Houston Downtown
  Kabir  Hassan, University of New Orleans
  Elbert V. Bowden, Appalachian State University
  Anne Macy, West Texas A&M University
  Barbara Davis, Centenary College
 

The High Cost of Employee Turnover
Gregory M. Roberts,  Lafayette Regional Airport
Ram Yallapragada, University of Louisiana, Lafayette
Alfred Toma, University of Louisiana, Lafayette
Rajul Y. Gokarn, Clark Atlanta University

Informal Labor Markets in the Texas Panhandle
Neil Terry, West Texas A&M University
Barry Duman, West Texas A&M University

Future Prospects for Significant Salary Increases for Professors of Higher Education
Terry P. Sutton, Southeast Missouri State University
Peter Bergerson, Southeast Missouri State University

Women, Work and Socioeconomic Status in China
Li-ping  M. Chen, Shih Chien University

Fertility and Labor Supply of Females
Li-ping M. Chen, Shih Chien University
 

1:30 – 3:00  Thursday
 

Session C: Invited Paper Session - Electronic Commerce

Chair:   Bobby J. Dooley, Louisiana State University, Eunice

An Overview of the Economic Impact of eCommerce on US GDP
Bobby Dooley, Louisiana State University, Eunice

The Economic Consequences of the Failure of Louisiana to Join the Global eCommerce Marketplace
Fred Landry, Louisiana State University, Eunice

The Digital Divide and the Ranking of Specific Niches and Their Opportunity Cost
Fredrick Blackburn, New Mexico State University, Carlsbad

Future Growth of eCommerce and the Economic Disparity Among the 50 States – The Digital Divide Widens and the Consequences Become More Severe for the Havenots
J. Dewell Lawrence, Macon State College

A Review of the Sectors of eCommerce and their Respective Economic Growth in the Future
Edwin Deshautell, Louisiana State University, Eunice
 

3:30-5:00  Thursday

SESSION A:  INVITED  PANEL- ESTABLISHING AN ACTIVE –LEARNING, STUDENT CENTERED COLLEGE: A DEAN’S PERSPECTIVE

Chair:  Lynn Gillette, Dean of Business and Economics
  Houston Baptist University

Panelists:

Lynn Gillette,  Houston Baptist University
Carter Franklin, Houston Baptist University
Shari Wescott,  Houston Baptist University
Darlene Serrato, Houston Baptist University
Mohan Kuruvilla, Houston Baptist University
Melissa Wiseman, Houston Baptist University
 
 

3:30-5:00 Thursday
 

SESSION B:  CONSUMER ECONOMICS

Chair:  B.J. Dooley, LSU at Eunice

Discussants:  Yu Hsing, Southeastern Louisiana University
    Carl B. Montano, Lamar University
    Elizabeth L. Rankin, Centenary College of Louisiana

Consumer Willingness to Purchase Imported versus US produced Durable Goods
Alvin R. Schupp, Louisiana State University
Jeffrey Gillespie, Louisiana State University

Increasing Imports and the Size Distribution of Shrimp Processing Firm in the Southeastern Region of the United States
Hamady Diop,  Louisiana State University
R. Wes Harrison, University of Tennessee
Walter R. Keithly, Jr, Louisiana State University

The Impact of Warning Labels and Associated Negative Publicity On the Demand for Oysters Harvested From the Gulf of Mexico and Chesapeake Regions
Walter R. Keithly, Jr, Louisiana State University
Hamady Diop, Louisiana State University
 

5:30 – 6:15  Thursday

Executive Committee Meeting
Presiding: Waldo Born,  Eastern Illinois University
        President, Southwestern Society of Economists

All officers and the three most recent past presidents should attend.



Friday, March 17, 2000

7:00 – 8:15  Friday   Convention Center   Room 216A

Annual Business Meeting and Breakfast
Presiding:  Waldo Born, Eastern Illinois University
        President, Southwestern Society of Economists

All registered members of SSE are welcome.
_________________________________________________

8:30-10:00  Friday
SESSION A:  ECONOMIC EDUCATION II

Chair:  Paul Kochanowski, Indiana University, South Bend

Discussants:  Wali Mondal, Henderson State University
  Bruce Payne, Barry University
  Khasruzzaman Choudhury, Southern University

Teaching Elasticities  for Private Goods and Public Goods
David E. R. Gay,  University of Arkansas
Richard K. Ford, University of Arkansas at Little Rock
Charles R. Britton, University of Arkansas

The Taxation Choice:  A Few Theoretical Observations
Jerry Crawford,  Arkansas State University
 
 Move First Exposure to Material Before Class and Use Class for
 Process, Product and Response
J. Robert Gillette,  University of Kentucky

8:30-10:00 Friday

SESSION B:  REGIONAL SCIENCE AND URBAN ECONOMICS I

Chair:  Charles Weaver, St. Mary’s University
 
Discussants:  Barrie Richardson, Centenary College of Louisiana
             Uchenna N. Akpom, Albany State University
 
On the Sensitivity of the Housing Sector to Mortgage Rate Changes
Yu Hsing,  Southeastern Louisiana University
Daniel Wadsworth, Southeastern Louisiana University
Amy Stritikus, Southeastern Louisiana University

Revitalization of Bedroom Communities:  Analysis of the Perception and Attitudinal Differences Among Stakeholders
Lynda de la Vina,  University of Texas at San Antonio
James Ford,  University of Texas at San Antonio

Defining Down Economic Freedom in Indigenous Societies: A Case Study of the Proposed Cordillera Autonomous Region in the Philippines
Andrew W. Bacdayan, Northwestern State University of Louisiana

Dynamic Shift-Share Analysis of Georgia GSP
Hassan A. Said, Albany State University
 

10:30-12:00  Friday

SESSION A:  MACROECONOMICS THEORY AND POLICY III

Chair:  Lynn Gillette, Houston Baptist University
 

Discussants:   James  Ford, University of Texas at San Antonio
              Richard Vogel, Farmingdale State University
             Hamady Diop, Louisiana State University
 Andrew W. Bacdayan, Northwestern State University of                               Louisiana

The Long-Run U.S. Phillips Curve:  Alive, But Ailing
Kabir Hassan,  University of New Orleans
Muhammad Mustafa, South Carolina State University
Faridul Islam, Utah Valley State College
Matiur Rahman, McNeese State University

Fiscal Management in War & Reconstruction:  The Case of Kosovo
Khashruzzaman Choudry,  Southern Louisiana University
Rock Antoinne Mehanna,    Southern Louisiana University

 Relationship Between Government Size and Economic Progress:  Cointegreation and Exogeneity Tests for the US
 Anisul Islam,  University of Houston-Downtown
 
A Reexamination of Economic Theory
Lynn E. Dellenbarger,  Louisiana State University
 
 

10:30-12:00  Friday

SESSION B:  LABOR ECONOMICS II

Chair:       Paul Kochanowski, Indiana University, South Bend

Discussants:    David Hoppes, University of Houston, Victoria
     Robert Williams,  University of North Alabama
     David R. Hollas, University of Texas, San Antonio
 

Gender Based Differences in Risk Tolerance:  Evidence from Kansas Board of Regents Faculty
Bill Rickman,  Fort Hays State University
Carl D. Parker,  Fort Hays State University
Rory L. Terry,  Fort Hays State University

The Widening Earnings Gap of Black and White Male Workers:  A Cross-Sectional Analysis of States and Regions
Kevin Brunson,  University of Notre Dame
Wayne Bartholomew, Indiana University South Bend
Paul Kochanowski, Indiana University South Bend

Preferences for Job Outcomes Among Asian-Americans
Charles N. Weaver, St. Mary’s University
Shelley Hinson, University of Houston
 
 

10:30-12:00  Friday

SESSION C:  Financial Markets I

Chair:         George Samuels, Sam Houston State University

Discussants:     Robert Gillette,  University of Kentucky
     Harold Christensen,  Centenary College of Louisiana
     George Samuels, Sam Houston State University

The Economic Impact of the Year 2000 Problem:  A Preliminary Post-Mortem
Reynolds Griffith, Stephen F. Austin University

A Financial Profile of Value Line’s Bargain Basement Stocks
Bruce C. Payne,  Barry University

ARCH Effects and Cointegration: Is the Foreign Exchange Market Efficient?
Natalya Delcoure, Louisiana Tech University

10:30 – 12:00 Friday
Session D: International Economics

Chair:  Wali Mondal, Henderson State University

Discussants:   Massoud Metghalchi, University of Houston, Victoria
    David Braddock, Delta State University
    S. P. U. Rao, University of Louisiana, Lafayette

Accounting for the Service Sector Growth in the United States: An Econometric Study
Mohammed I. Ansari, Radford University

Foreign Direct Investment in Bangladesh – A Risk Analysis
Wali I. Mondal, Henderson State University

Regionalization vs. Globalization: The Impact of Regional Trade Arrangements among Developed Countries on Developing Nations
Ashagre Yigletu, Southern University

10:30 – 12:00   Friday

Session E:  Financial Analysis

Chair:  Charles M. Becker, CFA, Texas Christian University

Discussants:  Ali F. Darrat, Louisiana Tech University
    Oris L. Odom, University of Texas at Tyler
    Marshall Horton, Southern Arkansas University

Tax-Efficient Alternatives to Mutual Fund Ownership
Ronald C. Kettering, Columbus State University

A New Framework to Derive the Discount Rate for Small Firms involved in Commercial Litigation
Denis O.  Boudreaux, University of Louisiana - Lafayette
S. P. Rao, University of Louisiana - Lafayette
Philip Boudreaux, University of Louisiana - Lafayette

Dominance in the New York Clearinghouse: Citibank vs. Chase
Charles M. Becker, CFA, Texas Christian University
 

1:30-3:00 Friday
 

SESSION A:  ECONOMIC EDUCATION III

Chair:  Barry Duman, West Texas A&M University

Discussants:  Richard K. Ford, University of Arkansas at Litle Rock
  Neil Terry, West Texas A&M University
   Charles Weaver, St. Mary’s University

Organizational Notes for online courses in Economics
Anne Macy,  West Texas A&M University
James Owens, West Texas A&M University
Neil Terry, West Texas A&M University

Holistic Teaching for Active Learning- In Person and Online
Ronald M. Ayers, University of Texas at San Antonio
Robert Collinge, University of Texas at San Antonio

Does the Use of Powerpoint in the Classroom Affect Student Performance and Interest?
 Elizabeth L. Rankin,  Centenary College of Louisiana
 David J. Hoaas,  Centenary College of Louisiana
 
 

1:30-3:00   Friday

SESSION B:  NATIONAL RESOURCES
 

Chair:  Richard Vogel, Farmingdale State University

Discussants:   Kabir Hassan, University of New Orleans
Jerry Crawford, Arkansas State University           Walter Keithly, Jr., Louisiana State University

Residential Electricity Demand in Houston
David Hoppes,  University of Houston, Victoria
Massoud Metghalchi,  University of Houston,  Victoria

An Analysis of Locational and Environmental Factors Influencing Agricultural Land Value in the Sugarcane Area of Louisiana
Steven A. Henning, Louisiana State University
Janis Bruner Breaux, Louisiana State University

Data Envelopment Analysis of Gas Utilities’ Efficiency
Daniel R. Hollas,  University of Texas at San Antonio
Ken McLeod, East Carolina University
Stanley R. Stansell, East Carolina University
 
 
 

1:30-3:00  Friday

SESSION C:  FINANCIAL MARKETS II

Chair:    Carl Montano, Lamar University
 

Discussants:   David Braddock, Delta State University
     Syed Ahmed, Red Deer College
     Carl Montano, Lamar University

IRWIN/McGRAW-HILL DISTINGUISHED PAPER AWARD WINNER:
A Multiple Discrimination Investigation Into the Financial Characterization of Companies Heavily Invested in Total Quality Management Program Compared to Companies Selected at Random
Bruce Payne,  Barry University
Lewis Lash,    Barry University
S. P. U. Rao, University of Louisiana at Lafayette

The Determinants of Bond Yields:  A GARCH Model
Yu Hsing, Southeastern Louisiana University

Market Timing Ability of Mutual Fund Managers
S. P. U. Rao, University of Louisiana, Lafayette

3:30-5:00 Friday

SESSION A:  ECONOMIC GROWTH AND DEVELOPMENT
 

 Chair:    Francis A. Lees,  St. John’s University
 

 Discussants: Stephen  A. Henning,  Louisiana State University
   Yu Hsing, Southeastern Louisiana University
   Michael Daniels, Columbus State University
 
  Lost Consumer Surplus from Natural Disaster
  Richard Vogel, Farmingdale State University of New York
 
  Racial Composite and the Location of Hazardous Waste Sites:  A
  County Level Study
   Uchenna N. Akpom, Albany State University

   Simple Models of Endogenous Economic Growth
   David Braddock,  Delta State University
 
 
 
 

3:30-5:00  Friday

SESSION B:  MICROECONOMICS
 
Chair:   Gobind Bhagia, Paine College

Discussants:  C. Norfleet Jeffries, Jackson State University
   Paul Kochanowski, Indiana University at South Bend
   Ronald Ayres, University of Texas, San Antonio

Do Car Thieves Steal the “Best” Cars?
Harold R. Christensen,  Centenary College of Lousiana

Analyzing Consumption Patterns
Fatma Raouf,  David N. Myers College.

A New Model for Explaining “Irrational Behavior”
Craig Richardson,  Salem College
Barrie Richardson, Centenary College

3:30 – 5:00 Friday

Session C: Financial Institutions

Chair:  Adolfo Benavides, Texas A&M University-Corpus Christi

Discussants: Daniel R. Hollas, University of Texas at San Antonio
  David J. Hoaas, Centenary College
  Helen B. Sikes, Centenary College

An Overview of the Post-Merger Financial Position of Fleet Financial Group and BankBoston Corporation
Charles M. Becker, CFA, Texas Christian University

External Trade Policies of the EC
George Samuels, Sam Houston State University

A Performance-Based Index to Rank the World’s Largest Commercial Banks
Adolfo Benavides, Texas A&M University-Corpus Christi
 

3:30 – 5:00  Friday

Session D: Computer Technology and Economics

Chair:   Ronald C. Kettering, Columbus State University

Discussants:    Yu Hsing, Southern Louisiana University
      Bruce Payne, Barry University
      Uchenna N. Akpom, Albany State University

Microcomputer Spreadsheet Technology Contributions in Understanding Notions of Elasticity: Some Fallacies in Various Economic Research and Applications
L. Murphy Smith, Texas A&M University
Lawrence C. Smith, Louisiana Tech University

An Internet-Based Application of Spreadsheet Models to Security Analysis
Geungu Yu, Jackson State University

Evaluating the New Web-Based Central Registration Depository (CRD)
Ronald C. Kettering, Columbus State University

3:30 – 5:00  Friday

Session E: Economic Analysis

Chair:  Lonnie R. Vandeveer, Louisiana State University

Discussants: Richard Vogel, Farmingdale State University
  Anisul M. Islam, University of Houston, Downtown
  Reynolds Griffith, Stephen F. Austin State University

A Spatial Econometric Analysis of Rural Land Values
Enid Cuellar, Louisiana State University
Lonnie R. Vandeveer, Louisiana State University
Huizhen Niu, Louisiana State University

A Two-Stage Approach to Evaluating Wildlife Watching Participation and Trip-Related Expenditures in the South
Assane Diagne, Louisiana Department of Wildlife and Fisheries
David Lavergne, Louisiana Department of Wildlife and Fisheries
William O. Olatubi, Louisiana State University

Some Issues about Intellectual Property and Information Technology Resulting from Mergers and Acquisitions
James D. Harriss, Mt. Olive College
Oris L. Odom, University of Texas at Tyler



Saturday, March 18, 2000

10:30 – 12:00  Saturday

Session A: Invited Session - Economic Education III

Chair: Marshall J. Horton, Southern Arkansas University

The University as an Economic Institution: A Stakeholders Manual
Arthur E. Parry, LeTourneau University

Transfer Pricing as a Tool for Institutions of Higher Learning
Gene Gehrking, North Central College

Was Marx an Adjunct?  An Analysis of the Proposition that Part-time faculty are Economically Exploited
Walter Block, University of Central Arkansas

Non-optimal Use of Nontraditional Education
Marshall J. Horton, Southern Arkansas University



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