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Joshua C. Hall

Bio: Joshua C. Hall is an academic researcher from West Virginia University. The author has contributed to research in topics: Economic freedom & Economic Freedom of the World. The author has an hindex of 20, co-authored 183 publications receiving 2309 citations. Previous affiliations of Joshua C. Hall include Bowling Green State University & Beloit College.


Papers
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TL;DR: In this article, the authors employ a ranking methodology called "dominetrics" to remove one layer of subjectivity and create six rankings reflecting different importance orderings of the underlying spheres of economic freedom.
Abstract: The Economic Freedom of North America is a widely used political economy indicator related to outcomes such as entrepreneurship, equity prices, housing prices, and migration. As a result, relative rankings are often mentioned in policy discussions. The ranking of regions based on economic freedom, however, involves many layers of subjectivity. We employ a ranking methodology called ‘dominetrics' to remove one layer of subjectivity. Doing so creates six rankings reflecting different importance orderings of the underlying spheres of economic freedom. Our results show that preferences regarding which components of economic freedoms are most important influence final rankings.

9 citations

Journal ArticleDOI
TL;DR: In this paper, the authors examine the relative impacts of political and economic influences on the determinants of Senate voting behavior, using a binary logit regression model with legislator vote as the dependent variable.
Abstract: After lengthy debate, the Keystone XL Pipeline bill passed in January 2015. We use this event to better understand the determinants of Senator voting behaviour. Specifically, this article attempts to examine the relative impacts of political and economic influences. This is accomplished through the use of a binary logit regression model with legislator vote as the dependent variable. Results indicate that while legislators do appear to be representing their political constituency, the role of campaign funding plays an important role as well. The economic effect of such funding, controlling for other factors, is quantitatively small.

8 citations

Posted Content
TL;DR: The EFW index measures the extent to which nations allow their citizens economic freedom as discussed by the authors, and one component of this area is the size of the trade sector, or rather the deviation of a country's trade sector from its expected size.
Abstract: The Economic Freedom of the World (EFW) index measures the extent to which nations allow their citizens economic freedom. The freedom of people to trade internationally is a featured area within the index. One component of this area is the size of the trade sector, or rather the deviation of a country's trade sector from its expected size. This note explains the basic methodology used to estimate the model and create the ratings for the deviation of a country's trade sector from its expected size component of the EFW index.

7 citations

Posted Content
TL;DR: In this paper, a review articulates regionalists' arguments, the localists' response, and the relevant empirical literature to see which side's theories hold forth in the data.
Abstract: The United States has a rich history of local government taxation and good provision. The last fifty years, however, have seen increasing calls for the regionalization of municipal taxes and services from policymakers. Arguments for greater regionalization emphasize improved efficiency, enhanced equity, mitigation of spillovers, and improved economic development. A number of localist scholars have responded to regionalists’ concerns. This review articulates regionalists’ arguments, the localists’ response, and then summarizes the relevant empirical literature to see which side’s theories hold forth in the data.

7 citations

Posted Content
TL;DR: This paper found that the number of exams required to become a barber is negatively related to the number and number of barber shops in the U.S. They also found no evidence that other state-level regulations such as average fees or the minimum age necessary to practice are associated with fewer barbers shops.
Abstract: Occupational licensure is on the rise. According to Kleiner (2015), over 29 percent of the U.S. workforce required some form of license. While a number of studies estimate the wage effects of occupational licensure, few studies look at the impact of licensure on entry into new business formation. In this paper we focus on the impact on barber shops, since many barber shops are sole proprietorships. Using state-level data on the occupational licensure of barbers from the Institute for Justice, we find that the number of exams required to become a barber is negatively related to the number of barber shops. We find no evidence that other state-level regulations of barbering such as average fees or the minimum age necessary to practice are associated with fewer barber shops.

7 citations


Cited by
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Journal ArticleDOI
01 May 1981
TL;DR: This chapter discusses Detecting Influential Observations and Outliers, a method for assessing Collinearity, and its applications in medicine and science.
Abstract: 1. Introduction and Overview. 2. Detecting Influential Observations and Outliers. 3. Detecting and Assessing Collinearity. 4. Applications and Remedies. 5. Research Issues and Directions for Extensions. Bibliography. Author Index. Subject Index.

4,948 citations

Posted Content
01 Jan 2012
TL;DR: The 2008 crash has left all the established economic doctrines - equilibrium models, real business cycles, disequilibria models - in disarray as discussed by the authors, and a good viewpoint to take bearings anew lies in comparing the post-Great Depression institutions with those emerging from Thatcher and Reagan's economic policies: deregulation, exogenous vs. endoge- nous money, shadow banking vs. Volcker's Rule.
Abstract: The 2008 crash has left all the established economic doctrines - equilibrium models, real business cycles, disequilibria models - in disarray. Part of the problem is due to Smith’s "veil of ignorance": individuals unknowingly pursue society’s interest and, as a result, have no clue as to the macroeconomic effects of their actions: witness the Keynes and Leontief multipliers, the concept of value added, fiat money, Engel’s law and technical progress, to name but a few of the macrofoundations of microeconomics. A good viewpoint to take bearings anew lies in comparing the post-Great Depression institutions with those emerging from Thatcher and Reagan’s economic policies: deregulation, exogenous vs. endoge- nous money, shadow banking vs. Volcker’s Rule. Very simply, the banks, whose lending determined deposits after Roosevelt, and were a public service became private enterprises whose deposits determine lending. These underlay the great moderation preceding 2006, and the subsequent crash.

3,447 citations

01 Jan 2002
TL;DR: In this paper, the interactions learners have with each other build interpersonal skills, such as listening, politely interrupting, expressing ideas, raising questions, disagreeing, paraphrasing, negotiating, and asking for help.
Abstract: 1. Interaction. The interactions learners have with each other build interpersonal skills, such as listening, politely interrupting, expressing ideas, raising questions, disagreeing, paraphrasing, negotiating, and asking for help. 2. Interdependence. Learners must depend on one another to accomplish a common objective. Each group member has specific tasks to complete, and successful completion of each member’s tasks results in attaining the overall group objective.

2,171 citations

Journal ArticleDOI
TL;DR: The authors explored the multiplicity of contexts and their impact on entrepreneurship, identifying challenges researchers face in contextualizing entrepreneurship theory and offers possible ways forward, arguing that context is important for understanding when, how, and why entrepreneurship happens and who becomes involved.
Abstract: This paper sets out to explore contexts for entrepreneurship, illustrating how a contextualized view of entrepreneurship contributes to our understanding of the phenomenon. There is growing recognition in entrepreneurship research that economic behavior can be better understood within its historical, temporal, institutional, spatial, and social contexts, as these contexts provide individuals with opportunities and set boundaries for their actions. Context can be an asset and a liability for the nature and extent of entrepreneurship, but entrepreneurship can also impact contexts. The paper argues that context is important for understanding when, how, and why entrepreneurship happens and who becomes involved. Exploring the multiplicity of contexts and their impact on entrepreneurship, it identifies challenges researchers face in contextualizing entrepreneurship theory and offers possible ways forward.

1,856 citations