Tradeoffs Among Resource,Social, and Managerial Conditions on Mountain Summits of the Northern Forest

This research examined the relative importance of indicators and standards of quality at three mountain summits in the Northern Forest. The three summits ranged from low to high levels of use, development, and management. Computer-generated photographs were used to present a range of resource, social, and managerial conditions in a stated choice survey. Results suggest that visitors prefer minimal resource impact, few other people, and low intensity management. However, when faced with tradeoffs, respondents accept more intensive management to help ensure resource protection. Findings also suggest that a range of recreation opportunities should be provided at mountain summits in the Northern Forest.     

Firm Market Performance and Volatility in a National Real Estate Sector

We present empirical evidence using daily data for stock prices for 17 real estate companies traded in the Sao Paulo, Brazil stock exchange, from August 26, 2006 to March 31, 2010. We use the U.S. house price bubble, financial crisis and risk measures to instrument for momentums and reversals in the domestic real estate sector. We find evidence of conditional premium persistence and conditional volatility persistence in the market. We find that the conditional risk-return relationship in the sector is consistent with the prospect theory of risk attitudes in this period. Certain companies seem to be operating on a perceived potential industry return above the target, while most others are below the target, and the whole sector is below target on average.     

Contract selection and performance in competitive bidding for electricity generation

Third parties bidding to supply utilities with electric generation facilities is a new and increasingly important practice. Six states have either establishes bidding programmes or are considering doing so. The paper uses data from Maine, the first state to use electric generation bidding, to examine which bids are awarded contracts, and which contracts fail to fulfill their provisions. Results show that bid price plays a very small role, if any, in the selection process.     

Evidence of Place: Becoming a Region in Rural Canada

The purpose of this article is to investigate whether place is emerging in practice as a critical dimension in the development of Canadian rural regions. Recently, Jones and Paasi set regional researchers the task of better understanding how regions ‘become'. In researching this question, we are particularly interested in the definition and expression of place‐based identity as a mobilizing force for regionalism. Our findings suggest that, while identity plays a critical role in fostering regional development processes, it is either too emergent or actively resisted within our research sites to be a significant force for place‐based regional development.     

“I will survive”: Online streaming and the chart survival of music tracks

Digital streaming has had a profound effect on the commercial music sector and now accounts for 80% of industry revenues in the United States. This study investigates the consumption of music on digital streaming platforms by analyzing the factors affecting the chart survival of individual music tracks. Our data are taken from the Spotify Global Top 200 between January 2017 and January 2020, containing observations on 3,007 unique tracks by 642 artists over 1,087 days. We identify a number of unique consumption traits applicable to online streaming services, which we use to explain variations in chart longevity. We find a positive association between the amount of time a track spends in the chart and the involvement of a major label. We also find that the level of competition from other chart entries, as well as some elements related to the pattern of diffusion, associates significantly with the likelihood of chart survival. The study highlights several important managerial implications for key industry stakeholders.     

The analysis of corporate governance policy and corporate financial performance

The main purpose of this study is to investigate the relationship between the quality of corporate governance policy and the firm financial performance and. Data were collected from Corporate Library. A sample of 3,068 firms from the database of 2010 Corporate Library was analyzed. Logistic regression models were employed and SPSS statistical package was utilized to perform the analysis. Our results show that when firms have better corporate governance policies, they are more likely to perform better. Specifically, when firms have a better board rating, compensation policy, takeover defense strategy, accounting practice, and a formal governance policy, they are more likely to perform better than their counterparts without such quality corporate governance policies.     

Impacts in Uganda of rising global food prices: the role of diversified staples and limited price transmission

This study assesses the potential impact of rising world food prices on the welfare of Ugandan households. While Uganda experienced sharply higher food prices in 2008, as a landlocked, food‐exporting country the causes of those price changes were mainly regional and indirect rather than directly transmitted from global markets. Using trade volumes, food prices, and household survey data we describe how Uganda, unlike some other countries, is partially shielded from direct impacts of global food price movements. Although the majority of Ugandans are net food buyers, the adverse impact at household‐level of rising global prices is moderated by the relatively large quantity and range of staples consumed that come from home production. Moreover, several of these are not widely traded. Some population groups in Uganda are vulnerable to rising food prices, however, primarily those for whom maize is an important staple, including those dependent upon humanitarian relief and the urban poor. Only a relatively small group of Ugandan households will benefit directly and immediately from rising food prices—the significant net sellers of food crops constituting between 12% and 27% of the population. In this assessment we do not estimate the level and extent of wider second round effects from these higher prices.     

Job accessibility and the modal mismatch in Detroit

Transportation scholars are challenging traditional formulations of the spatial mismatch hypothesis because previous studies have disregarded the considerable difference between travel modes. This case study of the Detroit metropolitan region uses 2000 census data and a gravity-based model of transportation accessibility to test differences in access to jobs among places and people, and provides support for recent calls for reconceptualizing spatial mismatch. It shows that even though Detroit experiences the greatest distance between African Americans and jobs of any region in the country, most central city neighborhoods offer an advantage in accessibility to jobs compared to most other places in the metropolitan region – as long as a resident has a car. Policies aimed at helping carless people gain access to automobiles may be an effective means of improving the employment outcomes of inner-city residents.