Source: Dissertation Abstracts International, Volume: 40-02, Section: A, page: 0974. / Thesis (Ph.D.)--The Florida State University, 1978.

Source: Dissertation Abstracts International, Volume: 33-11, Section: A, page: 5917. / Thesis (Ph.D.)--The Florida State University, 1973.

Source: Dissertation Abstracts International, Volume: 35-02, Section: A, page: 0669. / Thesis (Ph.D.)--The Florida State University, 1974.

The purpose of this dissertation is to examine the relationship between monetary expansion and the balance of payments in Ghana during the 1961-1981 period. This is an attempt to develop a model that can be utilized by monetary authorities to generate policies aimed at achieving a desired level of balance of payments. It has been argued in the literature that the expenditures of developing countries are generally characterized by large foreign imports (often consumer goods). Such expenditures affect negatively, the terms of trade, and thereby deteriorates the balance of payments. Consequently, the relationship between changes in domestic credit (a component of money supply) and the balance of payments is predictably positive. / The objectives of the dissertation are couched in the following research questions: (1) What is the relationship between monetary expansion or domestic credit and the balance of payments, and (2) How efficient is monetary policy in addressing both external and internal stability in Ghana and whether monetary policy lacks independence as an instrument of domestic stabilization in Ghana. / A variant of the Polak Model is used to assess the relationship between domestic credit and the balance of payments. The model is constrained to ensure balance of payments equilibrium. A reduced form equation is estimated that indicates the relationship between monetary expansion, exports, capital flows and net foreign assets. In addition, it is shown that a particular rate of change in monetary expansion in every period can be statistically determined which yields a sustained balance of payments equilibrium, regardless of the level of exports, net capital flows and international reserves. While that rate may not be consistent with development objectives in Ghana, it will ensure external and internal stability of the Ghanaian economy. If monetary authorities overshoot the equilibrium level of credit creation, a balance of payments deficit results. The obverse is true when credit is below or at the equilibrium level. / The conclusions of the dissertation are: (1) that excessive monetary expansion during 1961-1981 period is a direct cause of Ghana's chronic balance of payments deficits, and (2) stabilization measures can be effected via the utilization of monetary policy tools. / Source: Dissertation Abstracts International, Volume: 46-09, Section: A, page: 2754. / Thesis (Ph.D.)--The Florida State University, 1985.

The scarcity of energy and resulting increases in price during the 1970s led to the Public Utility Regulatory Policies Act of 1979. Certain provisions of PURPA were designed to encourage industrial cogeneration. This dissertation uses a simulation of profit maximizing behavior by firms with industrial boilers in Florida to examine the effectiveness of PURPA and of various state policy alternatives consistent with PURPA. / The results of the simulations indicate that PURPA should be highly effective in stimulating the adoption of cogeneration technologies under all circumstances examined. Alternative scenarios examined analyzed the effect of varying the length of firms' planning horizons, the effect of capacity payments under different circumstances, and the effects of cost-saving technological change. / Both the amount of cogeneration and the technology used to cogenerate vary with different assumptions. Longer planning horizons encourage higher capital cost technologies such as coal fired steam turbines, whereas capacity payments encourage technologies with relatively high electricity output such as gas turbines or diesel generators. The effect of cost-saving technological change varies depending on whether the savings are for all types of cogeneration or whether the cost of a particular technology is reduced. / Source: Dissertation Abstracts International, Volume: 46-09, Section: A, page: 2758. / Thesis (Ph.D.)--The Florida State University, 1985.

This study developed a theoretical model in which decentralizing the implementation of stabilization policies, the variance of output around its mean, can be reduced, notwithstanding the macro rational expectation hypothesis. It also dealt with empirical tests of short-run theories of output determination across developed countries (United States, United Kingdom, Germany, Italy, Finland) and developing countries (Yugoslavia, Thailand, Sri Lanka, Pakistan, India). The neo-monetarist (or neo-classical) theory of output determination was tested against the monetarist and neo-Keynesian theory of output determination. The vector autoregressive model was used to test a number of restrictions implied by these theories. / The test results show that short-run neutrality of stabilization policies, as implied by the neo-monetarist theory of output behavior, is strongly rejected across both developed and developing countries. Thus, the monetarist and neo-Keynesian hypothesis that the short-run Phillips curve exists was accepted. / Although monetarists and Keynesians accept the short-run trade-off between inflation and unemployment, they disagree regarding the type of stabilization policies which can be used to exploit this short-run trade-off. This study also presented the empirical evidence from the developed and developing countries on the monetarist hypothesis that only monetary policy matters, against the neo-Keynesian hypothesis that both monetary and pure fiscal policies can be used to exploit the short-run Phillips curve. The test results show that the Keynesian hypothesis is rejected for all countries except India in this sample. / This study concludes that the short-run trade-off between inflation and unemployment exists, notwithstanding the rational expectation hypothesis, across developed and developing countries, and only monetary policy matters in exploiting this trade-off. / Source: Dissertation Abstracts International, Volume: 46-08, Section: A, page: 2373. / Thesis (Ph.D.)--The Florida State University, 1985.

There is a body of economic literature that gives specific attention to economies of scale and the optimum size of firms. According to Frank Knight, one of the most serious problems of theory is ascertaining the relationship between size and efficiency. / The empirical results of this comparative statics study were derived using ordinary least square estimation. Results are given for each year--1972 and 1977--and comparisons and contrasts for these years are made. One of the conclusions drawn indicates that in estimating the cost of fuel consumed per employee in both 1972 and 1977, the hierarchy of the independent variables' influence generally descend from captial stock to value of shipment, new capital expenditures, capital vintage, and four-firm concentration ratio. These independent variables were specified on a per employee basis. Also, the cost of fuel consumed per employee and, in the majority of cases, capital vintage generally declined as the employment size classification increased. On the other hand, both the value of shipment per employee and the four-firm concentration ratio generally increased as employment size rose. / Source: Dissertation Abstracts International, Volume: 49-06, Section: A, page: 1525. / Major Professor: Charles Haworth. / Thesis (Ph.D.)--The Florida State University, 1988.

In recent years, the Federal Energy Regulatory Commission (FERC) has begun promoting policy initiatives designed to substitute market responsive industry practices for the micro-management regulatory practices previously employed. These new policies are expected to generate a flexible gas pricing policy that more accurately reflects market supply and demand conditions. / Historically, much of the regulation of this industry was enacted to ensure that pipeline companies would be able to recover the very large up-front investments in immobile equipment that characterize the production, transportation, storage, and distribution of natural gas. The importance of these specialized investments and the importance of regulatory policy in determining the structure of the natural gas industry are analyzed here using the methods of transaction cost economics. / The institutional detail available from historical accounts of the development of the natural gas industry are used to describe structural change in this industry over time. Univariate descriptive statistical methods are then employed to describe the structure of the natural gas industry since 1964. Seemingly unrelated regression (SUR) and fixed effects models are estimated for samples of small and large natural gas companies since 1964. The newly available data sources from the reports of federal regulatory agencies are used for these tests. / Regulatory policy, the level of asset specificity, and the extent of secondary environmental uncertainty are all shown to exert significant effects on the level of integration into production, storage, and marketing by natural gas firms as hypothesized. / Source: Dissertation Abstracts International, Volume: 52-05, Section: A, page: 1835. / Major Professor: Philip Sorensen. / Thesis (Ph.D.)--The Florida State University, 1991.

Source: Dissertation Abstracts International, Volume: 30-11, Section: A, page: 4635. / Thesis (Ph.D.)--The Florida State University, 1969.

Source: Dissertation Abstracts International, Volume: 32-03, Section: A, page: 1135. / Thesis (Ph.D.)--The Florida State University, 1971.