President:   Warren Matthews, Kingwood College

President-elect and Program Chair:   Edward M. McNertney, Texas Christian University

Vice President:  Anisul M. Islam, University of Houston, Downtown

Secretary-Treasurer: Elizabeth Rankin, Centenary College

Editor, Southwestern Economic Review: John S. Kaminarides, Arkansas State University

B.J. Dooley, Louisiana State University at Eunice
David E.R. Gay, University of Arkansas
J. Robert Gillette, University of Kentucky
Anisul M. Islam, University of Houston – Downtown
Warren Matthews, Kingwood College
Kevin Simmons, Oklahoma City University

Executive Committee:

Warren Matthews, Kingwood College
Edward M. McNertney, Texas Christian University
Anisul Islam, University of Houston - Downtown
Elizabeth L. Rankin, Centenary College
Waldo L. Born, Eastern Illinois University
Carl Montano, Lamar University
Jerry Crawford, Arkansas State University

8:30 a.m. - 10:00 a.m. (Thursday)

 SESSION A:              INTERNATIONAL ECONOMICS I

 Session Chair: Taisier A. Zoubi, Cameron University

Discussants: John Leonard, Southeastern Louisiana University
  Jonathan Willner, Oklahoma City University
   N. R. Vasudeva Murthy, Creighton University

Possible Implications of China Signing Various Agriculturally Related Trade Agreements with Countries Besides the United States
Lynn E. Dellenbarger, Louisiana State University Agricultural Center
Zhuen, University of Michigan

Inflation Rates and Exchange Rates - What is the Relationship?
Maurice K. Shalishali, Columbus State University

Beef, Bananas and Now, Foreign Trade Corporations
RamMohan R. Yallapragada, The University of Louisiana at Lafayette
Alfred Toma, The University of Louisiana at Lafayette
Joel P. Authement, The University of Louisiana at Lafatyette
C. William Roe, Arkansas State University

8:30 a.m. - 10:00 a.m. (Thursday)

 SESSION B:              REGIONAL SCIENCE AND URBAN ECONOMICS I

Session Chair: Waldo L. Born, Eastern Illinois University

Discussants: Waldo L. Born, Eastern Illinois University
  Barbara J. Davis, Centenary College
Alvin R. Schupp, Louisiana State University Agricultural Center
  Lonnie R. Vandeveer, Louisiana State University Agricultural Center

Special Events Subsidies and the Urban Economy
Richard Vogel, SUNY - Farmingdale

A Comparison of Economic Strength of Chicago with Competing Locations
Waldo L. Born, Eastern Illinois University

Regional Employment Performance: An Analysis of Annual Employment Growth in Fourteen Metropolitan Statistical Areas
Wayne Bartholomew, Indiana University South Bend
Paul Joray, Indiana University South Bend
Paul Kochanowski, Indiana University South Bend

The Economics of the Local Economic Development Business
Marshall J. Horton, Southern Arkansas University
 

8:30 a.m. - 10:00 a.m. (Thursday)

 SESSION C:             MONETARY THEORY AND POLICY

 Session Chair: Ali F. Darrat, Louisiana Tech University

 Discussants: Andrew Bacdayan, Northwestern State University
   Fatma Abdel-Raouf, Cleveland State University
   Reynolds Griffith, Stephen F. Austin State University

Is Virtual Cash a Reality?
Reynolds Griffith, Stephen F. Austin State University

On the Efficiency of Interest-free Monetary System:  Some Empirical Evidence
Ali F. Darrat, Louisiana Tech University

The Effects of Monetary and Fiscal Policymaking with a Common Central Bank and Separate Fiscal Authorities
Gaurango Banerjee, University of Texas at Brownsville

10:00 a.m. - 10:15 a.m. (Thursday)                                                       Exhibit Area-Pontchartrain Ballroom

SWFAD COFFEE BREAK

10:30 a.m. - 12:00 p.m.  (Thursday)

 SESSION A:             MACROECONOMIC THEORY AND POLICY

 Session Chair: Elbert V. Bowden, Appalachian State University

 Discussants: Elbert V. Bowden, Appalachian State University
   Fatma Abdel-Raouf, Cleveland State University
   Yu Hsing, Southeastern Louisiana University
   Harold R. Christensen, Centenary College

Macroeconomic Performance and African American Poverty: Evidence from Co-Integration Tests
N.R. Vasudeva Murthy, Creighton University

Economic Impact of the Marriage Penalty Tax
Steve Olshewsky, Texas A & M University
L. Murphy Smith, Texas A & M University
Lawrence C. Smith, Jr., Louisiana Tech University

Common Business Cycles within the European Union
Tammy Rapp Parker, University of Louisiana at Monroe

The Recession of 1958: The Second Eisenhower Recession
Charles J. Ellard, University of Texas-Pan American
 

10:30 a.m. -12:00 p.m.  (Thursday)

SESSION B: REGIONAL SCIENCE AND URBAN ECONOMICS I

Session Chair: Andrew Washington, Southern University

Discussants: Elizabeth L. Rankin, Centenary College
Richard Vogel, SUNY-Farmingdale
Donald R. Andrews, Southern University
Marshall J. Horton, Southern Arkansas University

Educational Performance and Employment in Louisiana
Donald R. Andrews, Southern University
Andrew Washington, Southern University
Ashagre Yigletu, Southern University

Bankruptcies in Louisiana: The Link with Gaming, Personal Income, and Transfer Payments
Helen B. Sikes, Centenary College
Barbara J. Davis, Centenary College

Estimating Tract Value Relationships in the North Louisiana Timberland Market
Gary A. Kennedy, Louisiana Tech University
Lonnie R. Vandeveer, Louisiana State University Agricultural Center
Steven A. Henning, Louisiana State University Agricultural Center
Huizhen Niu, Louisiana State University Agricultural Center

A Statewide Spatial Analysis of the Effects of Location and Economic Development on Rural Land Values
Lonnie R. Vandeveer, Louisiana State University Agricultural Center
Patricia Soto, Louisiana State University Agricultural Center
Huizhen Niu, Louisiana State University Agricultural Center

1:30 p.m. - 3:00 p.m. (Thursday)

 SESSION A:              FINANCIAL MARKETS I

 Session Chair: Charles M. Becker, Texas Christian University

 Discussants: Charles M. Becker, Texas Christian University
 Elizabeth (Bette) Harris, The University of Louisiana at Lafayette
   Michael J. Daniels, Columbus State University

Human Nature and the Bundling of Protection and Savings or Investment in the Life Insurance Product
Andrew W. Bacdayan, Northwestern State University
Robert S. Elliott, Northwestern State University
Robert C. Jones, Northwestern State University
Marcus J. Jones, Northwestern State University
Dorothy W. Jones, Northwestern State University

Decimalization: The First Three Months
Ronald C. Kettering, Columbus State University

Asset Bubbles, Bulls, and Bears
David Braddock, Delta State University
 

1:30 p.m. - 3:00 p.m. (Thursday)

 SESSION B:              LABOR ECONOMICS I

Session Chair: Michael Wolfe, University of Houston-Clear Lake

Discussants: Anisul M. Islam,  University of Houston Downtown
M. Kabir Hassan, University of New Orleans
   Elbert V. Bowden, Appalachian State University

Retirement Planning of University Faculty in the Absence of a Mandatory Retirement Age
Bill D. Rickman, Fort Hays State University
Rory Terry, Fort Hays State University

The Efficacy of Employing Prison Labor
Neil Terry, West Texas A&M University
Barry Duman West Texas A&M University

Rediscovering the Effects of Job Security on Job Satisfaction
Charles N. Weaver, St. Mary’s University

1:30 p.m. - 3:00 p.m. (Thursday)

 SESSION C:             UTILITIES ECONOMICS

 Session Chair: Kevin Simmons, Oklahoma City University

 Discussants: Daniel R. Hollas, The University of Texas at San Antonio
  Mary R. Meredith, The University of Louisiana at Lafayette
  Paul H. Meredith, The University of Louisiana at Lafayette

The Effects of Power Outage on Market Value and Volatility of Utilities
Daniel Wadsworth, Southeastern Louisiana University
Amy Stritikus, Southeastern Louisiana University

Regulatory Policies and Economic Efficiency of Electric Utilities
Daniel R. Hollas, The University of Texas at San Antonio
James E. Groff, The University of Texas at San Antonio

Securitization of Stranded Electric Utility Costs
Richard A. Fromm, University of Texas at Tyler
Oris L. Odom II, University of Texas at Tyler
James D. Harriss, Campbell University

3:00 p.m. - 3:15 p.m. (Thursday)                                                          Exhibit Area-Pontchartrain Ballroom

SWFAD COFFEE BREAK

3:30 p.m. - 5:00 p.m. (Thursday)

 SESSION A:             INVITED SESSION - WIND HAZARD ECONOMICS

Session Chair: Kevin Simmons, Oklahoma City University

Discussants: Alvin R. Schupp, Louisiana State University Agricultural
  Allyn Needham, Shipp, Needham & Durham, L. L. C.
  Michael J. Daniels, Columbus State University
  Bill D. Rickman, Fort Hays State University

Buying Tornado Safety: What Will it Cost?
Daniel Miller, Oklahoma City University
Denny Morgan, Oklahoma City University
Cristy Womack, Oklahoma City University

Hurricane Mitigation:  An Examination of the Effect of Previous Events on the Value of Mitigation
Kevin Simmons, Oklahoma City University
Jonathan Willner, Oklahoma City University

Taking Shelter:  Estimating the Safety Benefits of Tornado Safe Rooms
Dave Merrell, US Bureau of the Census
H. Heinz III, Carnegie Mellon University
Kevin Simmons, Oklahoma City University
Dan Sutter, University of Oklahoma

Tornadoes, Stress and Migration Decisions:  Evidence from Oklahoma City
Barbara McCain, Oklahoma City University
Kevin Simmons, Oklahoma City University
Jonathan Willner, Oklahoma City University

3:30 p.m. - 5:00 p.m. (Thursday)

 SESSION B:             ECONOMIC EDUCATION I

Session Chair: Neil Terry, West Texas A & M University

Discussants: David E. R. Gay, University of Arkansas
David J. Hoaas, Centenary College
   Neil Terry, West Texas A & M University

Can We As Teachers and Researchers Give Better Lectures and Professional Presentations
Tommy Karam, Louisiana State University
Lynn E. Dellenbarger, Louisiana State University Agricultural Center

Do College Endowments Matter?  The Case of Spending Per Student
Harold R. Christensen, Centenary College
Elizabeth L. Rankin, Centenary College

Can Traditional Universities Improve Their Outlook with Nontraditional Semesters?
Mary R. Meredith, The University of Louisiana at Lafayette
Paul H. Meredith, The University of Louisiana at Lafayette
Elizabeth (Bette) Harris, The University of Louisiana at Lafayette

5:30 p.m. - 6:15 p.m. (Thursday)

                  EXECUTIVE COMMITTEE MEETING

Presiding:                   Warren Matthews, President, Southwestern Society of Economists
                    Kingwood College

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

7:00 a.m. - 8:15 a.m. (Friday)

                  ANNUAL BUSINESS MEETING AND BREAKFAST

Presiding:                   Warren Matthews, President, Southwestern Society of Economists
                    Kingwood College

                 All registered members of SSE are welcome.

8:30 a.m. - 10:00 a.m. (Friday)

 SESSION A:              FINANCIAL ECONOMICS II

Session Chair: Anne Macy, West Texas A & M University

Discussants: Paul Kochanowski, Indiana University, South Bend
Anne Macy, West Texas A & M University
   Anisul M. Islam, University of  Houston, Downtown

The Post Merger Financial Position of NationsBank Corporation /Bank America Corporation
Charles M. Becker, Texas Christian University

Environmental Factors Affecting Businesses When Seeking Commercial Financing from Financial Institutions
James D. Harriss, Campbell University
Oris L. Odom , II, University of Texas at Tyler

Economic Implications of the Level of Accounting Service on Bank Lending Decisions
Jeffrey R. Miller, Augusta State University
L. Murphy Smith, Texas A & M University
Lawrence C. Smith, Jr., Louisiana Tech University
 

8:30 a.m. - 10:00 a.m. (Friday)

 SESSION B:              INTERNATIONAL ECONOMICS II

 Session Chair: Maurice K. Shalishali, Columbus State University

 Discussants: Maurice K. Shalishali, Columbus State University
    Lynn E. Dellenbarger, Louisiana State University Agricultural Center
   Andrew Washington, Southern University

The Importance of Financial Statements to Investors and to Local and International Stock Markets: The Case of the GCC Countries
Taisier A. Zoubi, Cameron University
Osamah Al-Khazal, The American University of Sharjah, UAE

An Assessment of Global Economic Integration
Edward Nissan, The University of Southern Mississippi
John Kaminarides, Arkansas State University

The Impact of Real Exchange Rate on Trade Flows between Thailand and Its Major Trading Partners
Tantatape Brahmasrene, Purdue University North Central
Komain Jiranyakul, National Institute of Development Administration, Thailand

8:30 a.m. - 10:00 a.m. (Friday)

SESSION C:              INVITED PANEL- MOVE FIRST EXPOSURE TO MATERIAL
                                    BEFORE CLASS AND USES CLASS FOR PROCESS, PRODUCT,
                                    AND RESPONSE PERSPECTIVES FROM FOUR
                                    PRACTITIONERS

Session Chair: J. Robert Gillette,  University of Kentucky

Panelists:  J. Robert Gillette, University of Kentucky
  Shari Wescott, Houston Baptist University
  Lynn Gillette,  Houston Baptist University
  Melissa Wiseman, Houston Baptist University

10:00 a.m. - 10:15 a.m. (Friday)                                                            Exhibit Area-Pontchartrain Ballroom

SWFAD COFFEE BREAK

10:30 a.m. - 12:00 p.m. (Friday)

 SESSION A:              INVITED SESSION ON ISSUES IN ASIAN FINANCIAL
                                                      MARKETS

Session Organizer: Anisul  M. Islam, University of Houston-Downtown

Session Chair: Anisul M. Islam, University of Houston-Downtown

Discussants: Asghar Nazemzadeh, University of Houston-Downtown
Muhammad Mustafa, South Carolina State University
Khasruzzaman Choudhury, Southern University
Syed M. Ahmed, Bethany College

The Asian Contagion
Syed M. Ahmed, Bethany College

Was Asian Financial Crisis Contagious? A New Empirical Approach
M. Kabir Hassan, University of New Orleans
Osman Kilic, Quinnipiac College

Stock Prices and Consumption: Empirical Evidence from Some Selected Asian Countries
Matiur Rahman, McNeese State University
Muhammad Mustafa, South Carolina State University

Seasonality in Stock Returns: An Empirical Study of Bangladesh
Anisul M. Islam, University of Houston-Downtown
M. Kabir Hassan, University of New Orleans

10:30 a.m. - 12:00 p.m. (Friday)

 SESSION B:               LABOR ECONOMICS II

Session Chair: Charles N. Weaver, St. Mary's University

Discussants: Neil Terry, West Texas A & M University
   Bill D. Rickman, Fort Hays State University
   Barbara J. Davis, Centenary College
   Allyn Needham, Shipp, Needham & Durham L. L. C.

Impact of Minimum Wage Increases on Part-Time/Full-Time Employment Ratios
Yu Hsing, Southeastern Louisiana University

The Effect of Gender Biased Assumptions on Females’ Rates of Return to Higher Education
Kim Andrews, Central Missouri State University
Penny Kugler, Central Missouri State University
Joan Neal, Central Missouri State University

Tight Labor Markets:  A Community Based Response Helping Employers Secure Qualified Employees
Michael J. Daniels, Columbus State University
Charles Aiken, Columbus State University

A Technique for Analyzing the lost Earnings Capacity of a Minor Child in the Case of Personal Injury or Wrongful Death
Michael J. Daniels, Columbus State University

10:30 a.m. -12:00 a.m. (Friday)

 SESSION C:              ECONOMIC EDUCATION II

Session Chair: J. Robert Gillette, University of Kentucky

Discussants: J. Robert Gillette, University of Kentucky
  Harold R. Christensen, Centenary College
  Elizabeth L. Rankin, Centenary College

A Geometric Representation of the Differences Between Private Good and Public Good Elasticities: A One-Line Proof of the Ford, Gay, and Britton Proposition
David J. Hoaas, Centenary College

An Analysis of Deregulation of Pricing
Jerry L. Crawford, Arkansas State University

Extra Strength Relief for Faculty with Java Scrip Quiz
S. P. U. Rao, University of Louisiana at Lafayette
Bruce Payne, Barry University

1:30 p.m. - 3:00 p.m. (Friday)

SESSION A:             INVITED WORKSHOP - A FACULTY DEVELOPMENT
                                    WORKSHOP ON ACTIVE LEARNING IN ECONOMICS

Session Chair: David E. R. Gay, University of Arkansas

1:30 p.m. - 3:00 p.m. (Friday)

 SESSION B:              AGRICULTURAL ECONOMICS

Session Chair: Gary A. Kennedy, Louisiana Tech University

Discussants: Gary A. Kennedy, Louisiana Tech University
Waldo L. Born, Eastern Illinois University
Lonnie R. Vandeveer, Louisiana State University Agricultural Center

Consumer Preferences among Several Forms and Species of Fresh Ground Meats
Alvin R. Schupp, Louisiana State University Agricultural Center
Carol O’Neil, Louisiana State University Agricultural Center
Witoon Prinyawiwatkul, Louisiana State University Agricultural Center

Pork Barrel Economics
John Leonard, Southeastern Louisiana University

Source Specific Derived Demand for Wheat in Ghana
Andrew Washington, Southern University
Ashagre Yigletu, Southern University
 
 

1:30 p.m. - 3:00 p.m. (Friday)

 SESSION C:              FINANCIAL MARKETS III

Session Chair: Charles M. Becker, Texas Christian University

Discussants: Charles M. Becker, Texas Christian University
   Tantatape Brahmasrene, Purdue University North Central
   Ronald C. Kettering, Columbus State University
   James D. Harriss, Campbell University

Inflation, Yield Curves and Inflation Indexed Bonds
Allyn Needham, Shipp, Needham & Durham L. L. C.

Long-run Diversification Potential in Emerging Asian Markets
Halil Kiymaz, University of Houston - Clear Lake

The German Neuer Market: Who’s Listing?
Anne Macy, West Texas A&M University
Neil Terry, West Texas A&M University

An Application of Spreadsheet Models to Three-Stage Dividend Growth Analysis
Geungu Yu, Jackson State University

3:00 p.m. - 3:15 p.m.                                                                             Exhibit Area-Pontchartrain Ballroom

SWFAD COFFEE BREAK

3:30 p.m. - 5:00 p.m. (Friday)

 SESSION A:             ECONOMIC GROWTH AND DEVELOPMENT

Session Chair: Anisul M. Islam, University of Houston-Downtown

Discussants: Richard Vogel, SUNY-Farmingdale
  Anisul M. Islam, University of Houston-Downtown
   Helen B. Sikes, Centenary College

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

Economic Development in Africa-Role of the State
Jaswant R. Jindia, Southern University

Forecasting a Sustainable Long-Run Economic Growth
Fatma Abdel-Raouf, Cleveland State University
 
 

3:30 p.m. - 5:00 p.m. (Friday)

 SESSION B:              MICROECONOMICS

Session Chair: Gobind Bhagia, Paine College

Discussants: Ronald Ayres, University of Texas, San Antonio
   Kevin Simmons, Oklahoma City University
Richard Cox, Southeastern Louisiana University

The Relationship Between Concentration and Profitability Under Different Assumptions About Costs
Richard Cox, Southeastern Louisiana University

Why Smart People Do Stupid Things, Part II
Craig Richardson, Salem College
Barrie Richardson, Centenary College

The Role of Property Rights in Smith’s Wealth of Nations: 1776-2001 @225 Years
David E.R. Gay, University of Arkansas

3:30 p.m. - 5:00 p.m. (Friday)

SESSION C:             INVITED PANEL: THE CONCEPTUAL ECONOMIC VALUE OF
                                   EFFECTIVE MISSION STATEMENTS FOR BUSINESS FIRMS

 Moderator:  B. J. Dooley, Louisiana State University at Eunice

An Overview of  the History of Modern Mission Statements As They Have Been Developed and Used to Promote Economic Value Accruing To For-Profit Firms
B. J. Dooley, Louisiana State University at Eunice

Catergorization of Facets of Economic Value and Mission Statement To Segmented Market Shares of Large Firms - The Casino Case Analysis
Fred N. Landry, Louisiana State University at Eunice

Development of a Model to Assign Economic Value to Mission Statements and Related Effectiveness Issues
James Dewel Lawrence, Brewton Parker College

Summary and Future of Conceptual Value and Mission Statement Research Model
Edwin J. Deshautelle, Louisiana State University at Eunice

                                             March 3, 2001

8:30 a.m. - 12:00 p.m. (Saturday)

                  ALL SWFAD DOCTORAL CONSORTIUM