International Advances in Economic Research

International
Advances in
Economic
Research

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VOLUME 7	MAY 2001	NUMBER 2	E-Mail: iaes@iaes.org
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TABLE OF CONTENTS
ARTICLES
Measuring International Specialization P. Lelio Iapadre	173
Budget Burden and Benefit Visibility of European Central Level Governments Miguel Roig-Alonso	184
Spillovers in R&D Activities: An Empirical Analysis of the Nordic Countries Jan Bentzen and Valdemar Smith	199
Bargaining and the Observability of Contractual Commitments via Third Parties Günther Lang	213
Logistic Regression and World Income Distribution Agustín Alonso-Rodríguez	231
Mixed Bundling with Profit and Sales Objectives Robert Scott and Jannett Highfill	243
Can Money Endogeneity be Generalized? Empirical Evidence from Caribbean Economies Kevin Greenidge, Roland Craigwell, and Darrin Downes	253
Let's Go Shopping! Gerard Ryan and Inma Rodríguez	259
RESEARCH NOTES
Employment Choice and Economics Faculty Research: A Sample Selection Approach Jacqueline Agesa, Maury Granger, and Gregory N. Price	267
Instructor versus Student Perceptions of Teaching Effectiveness in Economics J. Zietz, H. Cochran, and G. Hodgin	267
Exchange Rate Prediction: Dynamic Econometric Models and Neural Networks D. Witkowska, K. Kompa, and A. Matuszeuska	267
Revisiting the Notion of Equilibrium in Neoclassical Microeconomic Theory Larry Levine	268
The Oil Cartel Model Revisited M. J. Hwang and C. W. Yang	268
Sovereign Ratings and Their Impact on Recent Financial Crises Roman Kräussl	268
Measuring Regional Effects of Monetary Policy in Canada George J. Georgopoulos	269
Labor Union Political Contributions and Campaign Spending Gervan Fearon	269
Economic Effects of the Cuban Embargo on U.S. and Arkansas Economies John Kaminarides	269
Protection for Sale and Political Regimes: Empirical Evidence D. Mitra, D. Thomakos, and M. Ulubasoglu	270
Foreign Direct Investment and Capital Formation Walid Hejazi and Peter Pauly	270
Is Financial Performance Measured Correctly? An Invitation to Change Peter Rosko	270
Does an R Rating Mean Bad Business? Paul M. Sommers	271
The Economic Impact of Historical Preservation and Fifth Amendment Rights Carl M. Colonna and Stephanie Huneycutt	271

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Suggested Citation
International Advances in Economic Research, Volume 7, Number 2, May 2001

An official publication of the International Atlantic Economic Society