state tbed

The October 2005 update of the states strategic plan for economic development reviews the accomplishments of the previous year and outlines goals for the next four years including the goal to achieve an economic standard of living for Kentucky above the national average by 2020.

This paper examines the effects of local industry agglomeration on investments in equipment and machinery by businesses located in Maine. Descriptive analysis of the data indicates that a substantial amount of the investments in nonmetropolitan counties and small towns occurred in high-agglomeration county-industries. However, econometric results imply that, while positive, the effects of agglomeration on investment are somewhat modest.

This paper investigates dynamically optimal risk-taking by an expected-utility maximizing manager of a hedge fund. It concludes that seemingly minor changes in the compensation structure can have major implications for risk-taking. Additionally, the authors are able to compare results from our more general model with those from several recent papers that turn out to be focused on differing parts of the larger picture.

The report by the Hawaii Institute of Public Affairs is an update on the new economy indicators put forward by the Institute in 2003. The indicators measure not only growth in high-tech industries, but also the overall adaption to global economic realities. The update includes new data points addressing economic diversification, that availability of living wage jobs, and environmental well-being. The second half of the report presents a series of recommendations for the state with examples of tactics used across the country.

This presentation offers a glimpse of Washingtons progress to date in select metrics in education, research capacity, and entrepreneurial climate. It recommends that the state pursue strategies to encourage young companies, strengthen K-12 math & science programs, increase graduation rates, and increase the strength and capacity of its higher education system

This report documents the growth and development of technology-based industries in the Washington economy up to the year 2003, as well as their impact on the aggregate state economy in 2003. The study documents the fact that private sector for-profit technology-intensive industries and related private non-profit and public sector research organizations have significant economic impacts on the Washington economy.

This paper focuses on how forecasts information is disclosed in IPO prospectuses. The authors investigate the determinants and consequences of the varying levels of detail provided in these forecasts. Based on a sample of 82 IPOs on the Euronext Paris market (2000-2002), the authors show that only two variables are associated with highly detailed forecast disclosures.

According to the authors, this empirical study reveals that an individual global mindset is a way one perceives the world and the globalization of markets, people and companies.

This paper looks at required interventions aimed at reducing transaction costs to encourage increased farmer participation in competitive markets.

The public governance issues and their impact on labour intensive industries are the main problems discussed in this paper. The governance possibilities at global, EU, national, local and sector levels are described.