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Department of Economics

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Economics Department
Kansas State University
327 Waters Hall
1603 Old Claflin Place
Manhattan, KS 66506
785-532-6919 fax



Recent Faculty Publications

William Blankenau and Xiaoyan Youderian, "Early Childhood Education and the Intergenerational Persistence of Earnings," forthcoming, Review of Economic Dynamics.

William Blankenau and Yaun Gao, "Admission Standards, Student Effort, and the Creation of Skilled Jobs," forthcoming, Economic Modelling.

Andrew Nicholson, Tracy M. Turner and Eduardo Alvarado, "Cigarette Taxes and Cross-Border Revenue Effects: An Analysis of Retail Data." Forthcoming Public Finance Review.

Boland, Michael, John M. Crespi and Tracy M. Turner. "Measuring Sunk Costs in Agricultural and Food Industry Assets: Why Some Assets Sell Below Appraisal." Forthcoming Journal of Agricultural & Food Industrial Organization.

Dennis L. Weisman,  "Safe Harbor Input Prices and Market Exclusion." Journal of Regulatory Economics, 2014 (forthcoming).

Soheil R. Nadimi and Dennis L. Weisman, “Non-Exclusionary Input Prices.” Applied Economics Letters (forthcoming).

Lloyd Thomas, "The Financial Crisis and Federal Reserve Policy," second edition, forthcoming (November 2013)"

Christian Hilber and Tracy Turner, "The Mortgage Interest Deduction and its Impact on Homeownership Decisions," Review of Economics and Statistics, forthcoming.

D. Weisman,S. Sanders and M. Moundigbaye  “An Instructional Exercise in Price Controls: Product Quality, Misallocation, and Public Policy.” Journal of Industrial Organization Education, Manuscript 1043, December 2012.

William Blankenau and Casey Abington, “Government Education Expenditures in Early and Late Childhood,” Journal of Economic Dynamics and Control, April 2013, Vol. 37, pp. 854-874.

Yang-Ming Chang and Hung-Yi Chen, "Strategic and Welfare Implications of Product Bundling under Bertrand Competition," Economics Bulletin, Vol. 32, 2012, 2899-2907.

Dennis L. Weisman and Glen O. Robinson, “Eliminating Racial Preferences in College Admissions.” The Economists’ Voice, Vol. 9(1), 2012, Article 1, June 2012, pp. 1-3.

Dennis L. Weisman, “An Essay On The Art and Science of Teaching.” The American Economist, Spring 2012, Vol. 57(1), pp. 111-125.

Yang-Ming Chang, Biing-Wen Huang, and Yun-Ju Chen, “Labor Supply, Income, and Welfare of the Farm Household,” Labour Economics, Vol. 19, 2012, pp. 427-437. 

Yang-Ming Chang and Zijun Luo, “War or Settlement: An Economic Analysis of Conflict with Endogenous and Increasing Destruction,” Defence and Peace Economics, Vol. 24(1), 2013, pp. 24-46.

Dennis L. Weisman and David E. M. Sappington, “Regulating Regulators in Transitionally Competitive Markets.” Journal of Regulatory Economics, February 2012, Vol. 41(1), pp. 19-40.

Yang-Ming Chang and Renfeng Xiao, "Free Trade Areas, The Limit of Rules of Origin, and Optimal Tariff Reductions under International Oligopoly: A Welfare Analysis," The Journal of International Trade & Economic Development, 2013, forthcoming.

Yang-Ming Chang, "Strategic Altruistic Transfers, Redistributive Fiscal Policies, and Family Bonds: A Micro-Economic Analysis," Journal of Population Economics, Vol. 25, No. 1, 2012, pp. 1481-1502.

Dennis L. Weisman, "Effective Market Shares and Antitrust." The Antitrust Bulletin, Vol. 56(1), Spring 2011, pp. 139-163.

James F. Ragan, Dong Li, and Horacio Matos-Díaz, "Using Admission Tests to Predict Success in College—Evidence from the University of Puerto Rico," Eastern Economic Journal, 37, 2011, 4: 470-487.

Dennis L. Weisman "A Note On Sibling Rivalry and Good-Kid, Bad-Kid Equilibria." Applied Economics Letters, Vol. 18(16), 2011, pp. 1559-63.

Dennis L. Weisman "A Note on Subsidy-Free Prices and Scope Economies." Applied Economics Letters, Vol. 18(15), 2011, pp. 1463-68.

Florence Neymotin and Teresa M. Downing-Matibag, "Religiosity and Adolescents' Involvement with Both Drugs, and Sex," Journal of Religion and Health, DOI: 10.1007/s10943-011-9507-3.

Florence Neymotin, "Women in Economics: Making Connections and Forging Ahead" [Program Description], NASPA Journal About Women in Higher Education, Vol. 4(2), 2011

Florence Neymotin, "Charter Schools: An Introduction and Discussion for the Case of Kansas and Surrounding States," The Center for Applied Economics, KU School of Business Technical Report 11-0624, June 2011.

Kuester, Daniel and Sanders, Shane 2009, "Regional Information and Market Efficiency: The Case of Spread Betting in United States College Football," Journal of Economics and Finance, 2011, Vol. 35, No. 1, 116-122

Lloyd Thomas, "The Financial Crisis and Federal Reserve Policy," Palgrave-Macmillan, 2011

Dong Li and Dennis L. Weisman, "Why Preferences in College Admissions May Yield a More-Able Student Body," Economics of Education Review, Vol. 30, 2011, pp. 724-728

Dennis L. Weisman, "Market Power in U.S. Broadband Services." Review of Industrial Organization (with T. Hazlett), Vol. 38(2), 2011, pp. 151-171.

Neymotin, Florence and Sen, Urmimala, "Iron and Obesity in Females in the United States." Obesity, 2011 19(1), 191–199

Shih-Jye Wu, Yang-Ming Chang, and Hung-Yi Chen, "Antidumping Petition: To File or Not To File," Economics Bulletin, Vol. 31, No. 1, 2011, pp. 631-643.

Dennis L. Weisman, "A 'Principled' Approach to the Design of Telecommunications Policy." Journal of Competiton Law & Economics, Vol. 6(4), December 2010, pp. 927-956.

Dennis L. Weisman and and David E. M. Sappington, "Price Cap Regulation: What Have We Learned from Twenty-Five Years of Experience in the Telecommunications Industry?" Journal of Regulatory Economics, Volume 38(3), December 2010, pp. pp. 227-257.

Hung-Yi Chen, Yang-Ming Chang, and Jiunn-Rong Chiou, "A Welfare Analysis of Tariffs and Equivalent Quotas under Demand Uncertainty: Implications for Tariffication," International Review of Economics and Finance, Vol. 20, No. 4, 2011, pp. 549-561.

Yang-Ming Chang and Shane D. Sanders, "The Welfare Implications of Rent Control: A Rent-Seeking Contest Approach," The B.E. Journal of Economic Analysis & Policy, Vol. 10, No. 1, 2011, pp. 1-18.

Dennis L. Weisman, "Optimal Price Allocations in Two-Sided Markets." The Review of Network Economics, Vol. 9(3), Article 5, September 2010, pp. 1-8

Neymotin, Florence. "Linking Self Esteem with the Tendency to Engage in Financial Planning." Journal of Economic Psychology, 31(6), 996-100

Neymotin, Florence. "The Relationship between School Funding and Student Achievement in Kansas Public Schools." Journal of Education Finance. 36(1), 88-108

Horacio Matos-Diaz and James F. Ragan, Jr., "Do Student Evaluations of Teaching Depend on the Distributions of Expected Grade?" Education Economics, Vol. 18, No. 3, pgs. 317-330, September 2010.

Dennis L. Weisman with D. Seo, A. Featherstone and Y. Gao, "Productivity Growth and Merger Efficiencies in the U.S. Wireline Telecommunications Industry." Review of Industrial Organization, Vol. 36(3), May 2010 , pp. 271-294.

Yang-Ming Chang, Shane Sanders, and Bhavneet Walia, "Conflict Persistence and the Role of Third-Party Interventions," The Economics of Peace and Security Journal, Vol. 5, No.1, 2010, pp. 30-33.

Blankenau, William and Cassou, Steven P. "Industry Differences in the Elasticity of Substitution and the Rate of Biased Technological Change Between Skilled and Unskilled Labor," Applied Economics. Vol. 43, pp. 3129-3142.

Neymotin, Florence, "Immigration and its Effect on the College-Going Outcomes of Natives." Economics of Education Review, 28(5), 538-550. Editor's Choice in the category of education in October 2009 Science

Cassou,Steven P. and Gorostiaga, Arantza , "Optimal Fiscal Policy in a Multisector Model: The Price Consequences of Government Spending," Journal of Public Economic Theory," 2009, Vol.11, No.2, 177-201.

Blankenau, William and Cassou, Steven P. , "Industrial Dynamics and the Neoclassical Growth Model," Economic Inquiry, October 2009, Vol. 47, pp. 815-837

Dong Li and Qi Li, "Nonparametric/Semiparametric Estimation and Testing of Econometric Models with Data Dependent Smoothing Parameters,"Journal of Econometrics, 157 2010, 1: 179-190.

Yang-Ming Chang and Kyle Ross "Biodiversity, Intellectual Property Rights and North-South Trade," Economics Bulletin, 29(2), 2009, 1-10.

Turner, Tracy and Heather M. Luea, "Homeownership, Wealth Accumulation and Income Status," Journal of Housing Economics, 18, June 2009, pp. 104-114.

Yang-Ming Chang and Shane Sanders "Corruption on the Court: The Causes and Consequences of Point-Shaving in NCAA Basketball," Review of Law and Economics, 5(1), 2009, 269-291.

Dennis L. Weisman and Glen O. Robinson "Lessons for Modern Regulators from Hippocrates, Schumpeter and Kahn" In New Directions in Communications Policy, ed. by Randolph J. May, Durham, NC: Carolina Academic Press, 2009, pp. 3-37  (with G. Robinson).

Yang-Ming Chang and Shane Sanders "Pool Revenue Sharing, Team Investments, and Competitive Balance in Professional Sports: A Theoretical Analysis," Journal of Sports Economics, 10(4), 2009, 409-428.

Yang-Ming Chang and Philip G. Gayle "Exports vs. FDI: Do Firms use FDI as a Mechanism to Smooth Demand Volatility?" Review of World Economics, 145(3), 2009, 447-467.

Canh Le and Dong Li, "Double-Length Regression Tests for Testing Functional Forms and Spatial Error Dependence," Economics Letters, 2008, 101 (2008): 253-257.

Dennis L. Weisman, "The Dominant Firm Revisited." Journal of Competition Law & Economics, Vol. 5(3) September 2009, pp. 517-536 (with T. Tardiff).

Blankenau, William and Gabriele Camera, "Public Spending on Education and Incentives to Student Achievement,"Economica, July 2009, Vol. 76, pp. 505-527.

Tracy M. Turner and Marc T. Smith, "Exits from Homeownership: The Effects of Race, Ethnicity and Income." Journal of Regional Science, 49(1), February 2009, pp. 1-32.

Philip G. Gayle and Thitima Puttitanun, "Has the Byrd Amendment Affected U.S. Imports?" The World Economy,Vol. 32, Issue 4, April 2009.

Glen O. Robinson and Dennis L. Weisman, "Designing Competition Policy for Telecommunications," The Review of Netwrok Economics, Vol. 7(4), December 2008, pp. 509-546

Yang-Ming Chang, "Strategic Altruistic Transfers and Rent Seeking within the Family," Journal of Population Economics, 22(4), 2009, 1081-1098.

Yang-Ming Chang and Shane Sanders, "Raising the Cost of Rebellion: The Role of Third-Party Intervention in Intrastate Conflict," Defence and Peace Economics, 20(3), 2009, 149-169.

Philip G. Gayle, "An Empirical Analysis of Competitive Effects of the Delta/Continental/Northwest Codeshare Alliance," Journal of Law and Economics, Vol. 51, pp. 743-766, November 2008.

Tracy M. Turner, "Homeownership," Encyclopedia of Urban Studies. Editor, Ray Hutchison. Thousand Oaks: Sage Publications, 2009.

Bachmeier, Lance, "Monetary Policy and the Transmission of Oil Shocks", Journal of Macroeconomics, 2008, 30, 1738-1755.

Bachmeier, Lance Dandan Liu, and Qi Li, "Why do oil prices recifeve so much attention? An evaluation of the predictive power of oil prices for the US economy", Economic Inquiry, 2008, 46, 528-539.

Yanbing Zheng, Jun Zhu, and Dong Li, "Analyzing Spatial Panel Data of Cigarette Demand: A Bayesian hierachical modeling approach",Journal of Data Science, 6 (2008), 4: 467-489.

Wayne Nafziger, "Entrepreneurship and Development," International Handbook of Development Studies, 2008

Lloyd B. Thomas and Danhua Wu, "Long-Term Interest Rates and Expected Future Budget Deficits:  Evidence from the Term Structure," Applied Economics Letters, Vol. 1, Issue 16, Vol. 16, March/April 2009.

Dennis L. Weisman, "Guest Editors Forward," Symposium Commemorating the Contributions of Alfred E. Kahn The Review of Network Economics, Vol. 7(4) December 2008, pp. 448-459 (with T Tardiff).

Neymotin, Florence. "The Relationship between School Funding and Student Achievement in Kansas Public Schools." The Center for Applied Economics, KU School of Business, Technical Report 08-1205, December 2008.

Mike Babcock (with Thomas Zlatoper and Andrew Welki), "Determinants of Motor Vehicle Fatalities: A Kansas Case Study," Journal of the Transportation Research Forum, Spring 2008.

Shane Sanders, Dennis Weisman, and Dong Li, "Child Safety Seats On Commercial Airliners: A Demonstration of Cross-Price Elasticities," The Journal of Economic Education, Vol. 39(2), Spring 2008, pp. 135-144

Leah J. Tsoodle and Tracy M. Turner, "Property Taxes and Residential Rents," Real Estate Economics, Volume 36, Issue 1, May 2008, pp. 63-80

Lloyd B. Thomas and Alan O. Grant, "The Accuracy and Rationality of U.S. and Australian Household Inflation Forecasts: A comparative Study of Michigan and Melbourne Institute Surveys" The Economic RecordJune 2008, pp. 237-252

Inung Jung, Philip Gayle, and Dale Lehman, "Competition & Investment in Telecommunications," Applied Economics, Vol. 40, Issue 3, pp. 303-313, February 2008

Yang-Ming Chang, "Risk Avoidance and Risk Taking under Uncertainty," The American Economist, Volume LII, No. 1, Spring 2008, pp. 73-85

Yang-Ming Chang, Joel Potter, and Shane Sanders, "War and Peace: Third-Party Intervention in Conflict," European Journal of Political Economy, 23(4), December 2007, pp. 954-974.

Wayne Nafziger, "Economic Development, Inequality and War," Indian Journal of Human Development, December 2007, 1(2): 349-73.

Philip G. Gayle, "Airline Code-share Alliances and their Competitive Effects," The Journal of Law and Economics, Vol. 50, pp. 781-819, November 2007

Yongmin Chen and Philip G. Gayle, "Vertical Contracting Between Airlines: An Equilibrium Analysis of Codeshare Alliances," International Journal of Industrial Organization, Vol. 25, pp. 1046-1060, October 2007

Philip G. Gayle and Dennis L. Weisman, "Are Input Prices Irrelevant for Make-or-Buy Decisions?" Journal of Regulatory Economics, Vol. 32(2), October 2007, pp. 195-207

Gayle, Phillip G. and Weisman, Dennis, ‥Efficiency Trade-Offs in the Design of Competition Policy for the Telecommunications Industry", Review of Nertwork Economics,Vol. 6, Issue 3, September 2007

Mike Babcock and Steve Fuller, "A Model of Corn and Soybean Shipments on the Ohio River," Journal of the Transportation Research Forum, Summer 2007.

Dennis L. Weisman, "Market Power Measurement for Multi-Market Dominant Firms," The Antitrust Bulletin, Vol. 52(2), Summer 2007 pp. 169-178.i.

Mike Babcock and James Bunch, "Energy Use and Pollutant Emissions Impacts of Shortline Railroad Abandonment," Railroad Economics, July 2007.

Tracy M. Turner, and Daigyo Seo, "Investment Risk and the Transition into Homeownership," Journal of Regional Science, 47(2), May 2007, pp. 229-253.

Blankenau, William, Nicole Simpson, and Marc Tomljanovich, "Public Education Expenditures, Taxation and Growth: Linking Data to Theory," American Economic Review Papers and Proceedings, May 2007, Vol. 97, pp. 393-397.

Yang-Ming Chang, "Transfers and Bequests: A Portfolio Analysis in a Nash Game," Annals of Finance, 3, Spring 2007, pp. 277-295

Blankenau, William, Steve Cassou and Beth Ingram, "Allocating Government Education Expenditures Across K-12 and College Education," Economic Theory, April 2007, Vol. 31, No. 1, 85-112

Yang-Ming Chang, Joel Potter, and Shane Sanders, "The Fate of Disputed Territories: An Economic Analysis," Defence and Peace Economics, 18(2), April 2007, pp. 183-200.

Philip G. Gayle, "Is Virtual Codesharing A Market Segmenting Mechanism Employed by Airlines?" Economics Letters, Vol. 95, No. 1, pp. 17-24, April 2007

Blankenau, William and Ayhan Kose, "How Different is the Cyclical Behavior of Home Production Across Countries?" Macroeconomic Dynamics, February 2007, Vol. 11, pp. 56-78

Bachmeier, Lance, Sittisaj Leelahanon and Qi Li, "Money Growth and Inflation in the United States", Macroeconomic Dynamics, 2007, 11, 113-127.

E. Wayne Nafziger, "From Seers to Sen: The Meaning of Economic Development." To be published as a chapter in a volume for United Nations University/World Institute for Development Economics Research, Houndsmills: Palgrave Macmillan for UNU-WIDER, 2007, pp. 50-62

E. Wayne Nafziger, "Entrepreneurship and Development." To be published in International Handbook of Development Studies, by London: Edward Elgar Publishing. Edited by Amitava Dutt and Jaime Ros. 2007

Dennis L. Weisman, "An Instructional Excercise in Cost-Raising Strategies and Perfect Complements Production." The Journal of Economic Education, 2007.

Yang-Ming Chang and Bhavneet Walia, "Wage Discrimination and Partial Compliance with the Minimum Wage Law," Economics Bulletin, 10(4), 2007, pp.1-7.

Emizet Kisangani and E. Wayne Nafziger, "The Political Economy of State Terror," Defence and Peace Economics, 18(5) 2007, pp. 405-414.

E. Wayne Nafziger, "Capitalism and Commercialization: Privatization," New Encyclopedia of Africa, New York: Charles Scribner's Sons, 2007.

E. Wayne Nafziger, "Debt Crisis," Encyclopedia of the Modern World, edited by Peter N. Stearns (Oxford: Oxford University Press, 2007).

Dennis L. Weisman, "Market Concentration, Multi-Market Participation and Antitrust," Research In Law and Economics: A Journal of Policy, Vol. 22, 2007, pp. 233-257.

Additional Publications