Competition to lure corporations has become an enormous issue between states. Smaller communities feel unable to participate in economic development opportunities since their budgets do not provide the necessary funding. In 1979, the Texas state legislature passed the Development Corporation Act in an attempt to aid the smaller communities' quest for economic development. The Act allowed for the creation of local development corporations; however, it did not provide a sufficient funding source to assist the corporations. Therefore two local sales options were established. This paper reports the findings of an analysis of per capita income and employment changes after the adoption of an economic development sales tax. The analysis showed no statistically significant impacts on cities adopting an economic development sales tax when compared with non-adopting cities.

In 1993, 38.9 million people were covered by a 401(k) plan, up from 7.1 million in 1983. The rapid growth of 401(k) and other defined contribution pension plans may alter retirement patterns of older workers. Previous research showed that the spread of defined benefit plans, with sharp age-related incentives first discouraging and later encouraging retirement, contributed to the early retirement trend of past decades. Defined contribution plans differ along several dimensions, especially in their smooth rate of pension wealth accrual. Data from the Health and Retirement Study show that retirement patterns have begun to change as defined contribution plans have spread. Estimates indicate that the financial incentives in defined benefit pensions lead people to retire almost two years earlier, compared to people with defined contribution plans.

The objective of the survey is to observe students' perceptions of videoconference courses offered by the University of North Texas (UNT). The perceptions of 348 students enrolled in videoconferencing (VC) courses in the fall 2002 semester were obtained through a 29-item course evaluation questionnaire. From this study, I conclude generally that UNT students perceive videoconference courses as a positive stride in providing classes. While it was expected that students at remote sites would experience greater technological problems and lower levels of student/teacher interaction, evaluations from remote sites indicate higher degrees of student satisfaction than those students taking VC courses at the main campus location.

The well-being of the American steel industry is vital to the overall health of the United States (U.S.) economy. This belief is, in part, the impetus for the enactment of protective tariffs and quotas. This paper examines the impact of the announcement of the 2001 tariffs. Numerous forces have buffeted the U.S. steel industry over the last decade. Domestic steel firms operate in a highly global, fiercely competitive, and capital-intensive industry. This environment has proven inhospitable to the U.S. steel industry, widely criticized for inefficiency and overcapacity. A regression analysis finds that the announcement of the 2001 tariffs had no statistically significant impact on U.S. domestic raw steel production. Supporting theories are reexamined, and the implications of this finding for trade policy are explored.

This research shows that the Japanese rice policy has affected the volume of exported and imported rice; moreover, multilateral and bilateral agreements have also affected Japanese rice policy. Japan's institution of subsidies and trade barriers has made its rice products too expensive for foreign trade and its domestic consumers. Since the WTO agreement has forced Japan to open its market gradually over six years, Japan may be unable to compete internationally because of its limited land, high labor costs, and the field utility fees.

California legislated the restructuring of its electric power industry in 1996. Deregulation was successful until 2000 when crisis, caused by a number of outside forces and flawed legislation, sent wholesale electric prices skyrocketing. Restructuring of the electricity sector in Texas occurred in two phases. The first phase began in 1995, when wholesale markets were opened to competition; the second phase began June 18, 1997, when the 1999 Texas Electric Choice Act, was signed into law. Deregulation has largely been successful in Texas. This analysis examines the legislation of these states and how they differed, setting the stage for one unsuccessful and one successful move to retail competition in the electricity industry.