New Research from Center for Economic Education Investigates Whether Cities' Entertainment Offerings are Amenities or Disamenities

New research out of the Turner College's Center for Economic Education examines whether compensating wages and price differentials exist across cities in the U.S. The study, authored by Bishwa Koirala of the University of North Carolina at Pembroke, Hem Basnet of Methodist University, Kamal Upadhyaya of the University of New Haven, and Frank Mixon, Director of the Center for Economic Education at CSU, calculates the net implicit monetary values of the cost of living in cities with a higher cost of entertainment offerings. These net implicit monetary values reflect an individual’s willingness to pay for, or willingness to accept, life in cities with a higher cost of entertainment offerings. Viewed in this way, a city’s entertainment offerings are not clearly an amenity or disamenity. On the one hand, the higher costs of entertainment offerings might reflect higher quality offerings. On the other hand, higher costs of entertainment offerings may be a disamenity perhaps because there are utility costs through their inaccessibility. Given these considerations, Mixon et al. explore a unique and novel idea – mainly the implicit monetary value of households’ preferences with regard to employment when wages do not fully reflect the cost entertainment offerings – that has been heretofore ignored by the academic literature. Using data from the 2018 American Community Survey for cities in North Carolina, results from a seemingly unrelated regression approach suggest that although the cost of entertainment offerings is capitalized into both wages and rents, individuals receive compensating differentials (i.e., larger increases in wages than in rents) for living in cities with high costs associated with entertainment offerings. The study is scheduled to appear in a future issue of the Journal of Regional Analysis & Policy, founded in 1970 as the official publication of the Mid-Continent Regional Science Association.

Comments

Four Turner College Faculty Recognized for Outstanding Teaching

CSU Head Women's Soccer Coach Jay Entlich recently released a list of CSU faculty who have been chosen by a player as a member of the CSU faculty who has impacted the player in a positive way along their journey at CSU. Four Turner College faculty were included on the list, along with the player who nominated each. Management professor Phil Bryant was named by Sophia Leal , a freshman midfielder from Oxford, Georgia. Sophia attended Eastside High School and was a two-time all-region selection during her high school career. Through the first 10 games of 2024, she has scored one goal and recorded three assists. Next, management professor John Finley was named by Lizz Forshaw , a graduate student forward from Stockton, England. Lizz, who attended IMG Academy in south Florida, has scored four goals and recorded four assists this season. During her senior year in 2023, she scored three goals and recorded two assists. As a junior in 2022, Lizz scored three goals ...

Seven Turner College Management and Marketing Faculty Have Combined to Produce Eight A-Level Journal Publications Between 2021 and the Present

A number of faculty in the Turner College's Department of Management and Marketing, which includes faculty in management information systems, have produced A-level journal publications in the last few years. This report covers that activity, starting with John Finley , the chairperson of the department. Professor Finley published a paper in the Journal of Computer Information Systems in 2022. Finley is joined by Kirk Heriot , the Crowley Distinguished Chair in Entrepreneurship. Heriot, who earned a PhD in management from Clemson University, published in a 2021 issue of Small Business Economics . One of the study's co-authors, Andres Jauregui of Fresno State University, was previously a member of the Turner College's economics faculty. Next is Johnny Ho , a professor of management, who has a 2022 publication in the Journal of Computer Information Systems . Ho has won CSU's Excellence in Research Award on multiple occasions, while he has compiled 2...

TSYS School, Jianhua Yang, Lixin Wang Each among Top Five in the World

New research by computer scientists in the School of Information Technology at Universiti Utara Malaysia that ranks institutions and individuals on the basis of scholarship in the area of stepping-stone attacks heaps praise on the Turner College’s TSYS School of Computer Science and two of its faculty – Jianhua Yang and Lixin Wang . The article, published in the April 2023 issue of the International Journal of Research in Engineering and Science , provides a bibliometric analysis of both publication and citation data from 2000 to September of 2022 related to research on stepping-stone intrusion. Among several results, it reports that Columbus State University ranks second worldwide, trailing only the University of Houston, using total publications on the subject as the basis of comparison. A number of other U.S. institutions appear in the top 10, including third-ranked North Carolina State University, fourth-ranked University of Illinois, sixth-ranked Iowa State U...

Turner Business

Search This Blog