Carl Bonham
State Financing of Research Universities: The Role of State and University Characteristics
This study estimates the effect of underlying determinants on state funding of Doctoral/Research-Extensive Universities (DREU) in the U.S. Using panel data on 98 DREU over the period from 1987 to 2002, we estimate the effect of a variety of DREU and state characteristics while controlling for university level unobserved heterogeneity. Unlike previous studies, we focus […]
Read MoreIdentifying Long-run Cointegrating Relations: An Application to the Hawaii Tourism Model
Cointegration analysis has gradually appeared in the empirical tourism literature. However, the focus has been exclusively on the demand side, neglecting supply influences and risking endogeneity inconsistencies. One reason for this may be the difficulty identifying structural relationships in a system setting. We estimate a demand-supply model of Hawaii tourism using a theory-directed sequential reduction […]
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