There are arguments to support and contradict the proposition that foreign-owned and U.S.-owned establishments exhibit similar location patterns within the United States. This paper addresses these ...conflicting views by comparing the location of all manufacturing establishments in the United States held by U.S. and by foreign firms. The empirical evidence indicates that the location patterns of foreign-owned and U.S.-owned establishments differ. Moreover, the most influential factor in explaining the location pattern difference is that foreign-owned establishments, compared to U.S.-owned establishments, favor coastal states. I also find evidence to suggest that foreign firms favor states with low unionization rates, low wage rates, and right to work legislation. These results are consistent with arguments that foreign establishments differ from their domestic counterparts and value location attributes differently.
This article explores the problem of short-term earthquake prediction based on spatio-temporal variations of seismicity. Previous approaches to this problem have used precursory seismicity patterns ...that precede large earthquakes with "intermediate" lead times of years. Examples include increases of earthquake correlation range and increases of seismic activity. Here, we look for a renormalization of these patterns that would reduce the predictive lead time from years to months. We demonstrate a combination of renormalized patterns that preceded within 1-7 months five large (M ≥ 6.4) strike-slip earthquakes in southeastern California since 1960. An algorithm for short-term prediction is formulated. The algorithm is self-adapting to the level of seismicity: it can be transferred without readaptation from earthquake to earthquake and from area to area. Exhaustive retrospective tests show that the algorithm is stable to variations of its adjustable elements. This finding encourages further tests in other regions. The final test, as always, should be advance prediction. The suggested algorithm has a simple qualitative interpretation in terms of deformations around a soon-to-break fault: the blocks surrounding that fault began to move as a whole. A more general interpretation comes from the phenomenon of self-similarity since our premonitory patterns retain their predictive power after renormalization to smaller spatial and temporal scales. The suggested algorithm is designed to provide a short-term approximation to an intermediate-term prediction. It remains unclear whether it could be used independently. It seems worthwhile to explore similar renormalizations for other premonitory seismicity patterns.
Traditionally, household behavior is derived from the maximization of a unique utility function. In this paper, we propose an alternative approach, in which the household is modeled as a two-member ...collectivity taking Pareto-efficient decisions. The consequences of this assumption are analyzed in a three-good model, in which only total consumption and each member's labor supply are observable. If the agents are assumed egoistic (i.e., they are only concerned with their own leisure and consumption), it is possible to derive falsifiable conditions upon household labor supplies from both a parametric and nonparametric viewpoint. If, alternatively, agents are altruistic, restrictions obtain in the nonparametric context; useful interpretation stems from the comparison with the characterization of aggregate demand for a private-good economy.
This volume contributes to understanding both the modalities of arms control policy-making in the US and of negotiation with the former Soviet Union, and provides lessons that will remain applicable.
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