First Author:   Achintya Ray Tennessee State University aray4@mytsu.tnstate.edu   Department of Economics & Finance, College of Business, 330 Tenth Ave. N. Nashville, 37203, USA   +1-615-963-7347(Phone) +1-615-963-7347(Fax) Second Author: Soumendra N. Ghosh Tennessee State University sghosh@tnstate.edu   Office of Business & Economic Research, College of Business, 330 Tenth Ave. N. Nashville, 37203, USA   +1-615-963-7172(Phone)