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2024

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Digital Currencies And Macroeconomic Performance: A Global Perspective, Tirimisiyu F. Oloko, Ahamuefula E. Ogbonna, Idris A. Adediran May 2024

Digital Currencies And Macroeconomic Performance: A Global Perspective, Tirimisiyu F. Oloko, Ahamuefula E. Ogbonna, Idris A. Adediran

Bulletin of Monetary Economics and Banking

In this study, we explore the IS-LM-BP framework in analysing the effect of digital currencies on macroeconomic performance from a global perspective. We augment the global macroeconomic dataset by Mohaddes and Raissi (2020) with digital currencies, and analyse the relationship between 2010Q1 and 2019Q4. Overall, we find digital currencies to have significantly positive short-run and no long-run impact on global output, inflation rate, interest rate, and equity stock return. Our results suggest that digital currencies have enhanced global macroeconomic performance, on average. Thus, we recommend that appropriate regulations, rather than an outright ban on digital currencies, should be implemented.


Lost But Not Found: Southern Appalachia, Migration Patterns, And Culinary Tourism, Ashli Q. Stokes, Wendy Atkins-Sayre May 2024

Lost But Not Found: Southern Appalachia, Migration Patterns, And Culinary Tourism, Ashli Q. Stokes, Wendy Atkins-Sayre

Dublin Gastronomy Symposium

Despite growing acknowledgement of the variety of cultures that developed Southern Appalachia’s cuisine, some popular food writing continues to highlight the so-called insular nature of its food, drink, and culinary festivals. Regional tourists, especially those visiting its Blue Ridge or Smoky mountains, also remain likely to experience a delimited, often problematic Scots-Irish or white-European pioneer past, including when they eat and drink. Billboards advertise the outlaw Hatfield and McCoy Dinner Show, visitors choose from moonshine tastings in dilapidated looking but new distilleries, and diners enjoy gourmet biscuits alongside gravy “flights” at trendy restaurants in Asheville, North Carolina. Appalachian Studies and …


Labors Of Love And Loss: Exploring Relationships In Remitting Latine-American Families, Sequoyah Sv Hilton May 2024

Labors Of Love And Loss: Exploring Relationships In Remitting Latine-American Families, Sequoyah Sv Hilton

Master's Theses

This paper examines the impact remittances have in Latin-American families across borders through qualitative interviews. Remittances, or international transfers of money, are a common support strategy of global migrant communities. There are divergent opinions on remittances, either positioning them as a great potential for developing lower and middle-income countries, or critiquing them as too heavily depended on by states and created as a survival support mechanism by communities to compensate for state neglect. While they are a massive cash flow at the international level, there is a greater need to blend analyses of remittances at the international level at the …


Bay Water Level Influences On Inundation And Morphological Changes Of A Semi-Connected Barrier Island During A Hurricane, Sydney D. Goodman May 2024

Bay Water Level Influences On Inundation And Morphological Changes Of A Semi-Connected Barrier Island During A Hurricane, Sydney D. Goodman

<strong> Theses and Dissertations </strong>

This research aims to identify flooding and erosion changes along a semi-connected barrier island system due to varying bay water levels during storm conditions. The numerical model XBeach is used to simulate Hurricane Michael conditions and the resulting inundation and morphological change near Tyndall Air Force Base (Tyndall AFB). The installation is located 12 miles southeast of Panama City Beach along the panhandle of Florida and is vulnerable to flooding due to its proximity to the Gulf of Mexico (GoM), Saint Andrew Sound and Saint Andrew Bay. A land bridge connects the barrier island to the mainland of Tyndall AFB …


Dreams And Livelihoods In Rural Areas Require Capital, Too: An Investigation Into The Role Of Diminishing Community Banks, Financial Education, And Access To Capital In Rural Areas, Jackson Walton May 2024

Dreams And Livelihoods In Rural Areas Require Capital, Too: An Investigation Into The Role Of Diminishing Community Banks, Financial Education, And Access To Capital In Rural Areas, Jackson Walton

Finance Undergraduate Honors Theses

Individuals in rural communities face unprecedented economic challenges due to a lack of financial education and a decline in the prevalence of community banks. These problems have continuously grown exponentially without successful attempt at remedy. The community banks that once served as the center of economic activity and prevalence in rural communities are leaving these communities quickly- leaving many without access to lines of credit, personal relationship banking, and without necessary financial education in a world with more financial options than ever. Access to banking and higher financial literacy proficiency rates are almost directly linked to better financial outcomes like …


Economic Anomalies Following The Handover Of Hong Kong, Nathan Martin May 2024

Economic Anomalies Following The Handover Of Hong Kong, Nathan Martin

Economics Undergraduate Honors Theses

This paper seeks to examine and provide a possible explanation for economic anomalies in Hong Kong following its handover to China. Hong Kong was on a 99-year lease to the United Kingdom from China before being handed back over July 1st, 1997. Due to the “one country, two systems” policy espoused in the handover agreement that was to be implemented for fifty years, this event marks a rare natural experiment of a peaceful regime change without a significant change in governance. This paper seeks to understand the impact of the act of regime change on selected key macroeconomic …


Borderplex Business Barometer, Volume 8, Number 5, Thomas M. Fullerton Jr., Steven L. Fullerton May 2024

Borderplex Business Barometer, Volume 8, Number 5, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Implementation Evaluation And Outlook Of Major Function Oriented Zone, Dong Chen, Baoyin Liu, Jie Fan, Daojing Zhou, Rui Guo, Zhao Wang, Jianxiong Wu Apr 2024

Implementation Evaluation And Outlook Of Major Function Oriented Zone, Dong Chen, Baoyin Liu, Jie Fan, Daojing Zhou, Rui Guo, Zhao Wang, Jianxiong Wu

Bulletin of Chinese Academy of Sciences (Chinese Version)

Major Function Oriented Zone (MFOZ), an attempt and exploration aimed at ecological civilization during China’s industrial civilization period which is divided into two stages, the stage of MFOZ planning and the stage of the national strategy and basic institution before and after the 18th Communist Party of China (CPC) National Congress, and the main characteristics of both stages are analyzed. Since the 18th CPC National Congress, the strategic thinking of the MFOZ has been deeply rooted in the hearts of the people, the strategic pattern of the MFOZ has been basically formed, the development of the categorized MFOZ has achieved …


Research On Spatial Collaborative Allocation Of Innovation Chain And Industrial Chain And Regional Economic Layout In China, Jianhui Yu, Wenzhong Zhang, Jiaming Li Apr 2024

Research On Spatial Collaborative Allocation Of Innovation Chain And Industrial Chain And Regional Economic Layout In China, Jianhui Yu, Wenzhong Zhang, Jiaming Li

Bulletin of Chinese Academy of Sciences (Chinese Version)

The driving force of China’s economic development in the new era is gradually shifting from traditional production factor inputs and export-led growth to scientific and technological innovation-driven development, and technological innovation is increasingly becoming the main engine of China’s economic development. China needs to urgently address difficult issues such as the disconnect between science and technology and the economy, as well as prominent problems such as repeated resource allocation and scattered scientific research forces. Under the complex and volatile development environment, it is necessary to further optimize the spatial collaborative allocation of innovation chains and industrial chains and promote the …


Suggestions For Layout Adjustment Of China's Agricultural Regions During Fifteenth Five-Year Plan Period, Yong Xu, Hua Yang, Jian Duan Apr 2024

Suggestions For Layout Adjustment Of China's Agricultural Regions During Fifteenth Five-Year Plan Period, Yong Xu, Hua Yang, Jian Duan

Bulletin of Chinese Academy of Sciences (Chinese Version)

Adjusting and optimizing the strategic paradigm of China’s agricultural regions in the new era is of great significance to the implementation of the “Greater Food” concept and the building of a strong agriculture. This study takes the layout adjustment of China’s agricultural regions during the Fifteenth Five-Year Plan period as its theme, and firstly summarizes the problems that exist in the main agricultural production regions and the layout changes in grain production bases. Then, in conjunction with the new requirements of the national strategies, the functional types of agricultural regions are refined, the different function positions are clarified, the adjusting …


Layout Of Comprehensive Functional Regions And Recent Regional Guidelines In China, Fengjun Jin, Zhuo Chen, Jie Fan Apr 2024

Layout Of Comprehensive Functional Regions And Recent Regional Guidelines In China, Fengjun Jin, Zhuo Chen, Jie Fan

Bulletin of Chinese Academy of Sciences (Chinese Version)

The overall strategy of the “four major sectors”, the regional major strategies and the major functional oriented zoning strategy have strongly supported the regional coordinated development in China. However, it also brings the risk of exacerbating the imbalance and incoordination of regional development due to strategic differences and segmentation. Based on an analysis of the trends in regional coordinated development in China, this study puts forward the layout of China’s comprehensive function regions, which divides the mainland of China into 10 regions: the Beijing-Tianjin-Hebei region, the Yangtze River Delta region, the middle reaches of Yangtze River basin, the upper reaches …


Research On Cohesion Strategy Of Land-Sea Functional Oriented Zoning Based On Perspective Of Land-Sea Coordination, Chengjin Wang, Zhaoyang He Apr 2024

Research On Cohesion Strategy Of Land-Sea Functional Oriented Zoning Based On Perspective Of Land-Sea Coordination, Chengjin Wang, Zhaoyang He

Bulletin of Chinese Academy of Sciences (Chinese Version)

The marine-terrestrial interlaced zone serves as a crucial spatial hub linking the functional zoning of both land and sea areas. Optimizing the ecological function, economic function, and national security function of the marine-terrestrial interlaced zone is of significant importance for promoting the coordination between land and sea functional oriented zoning and achieving their mutual beneficial interaction. It also contributes to enhancing the economic, social, and environmental benefits, effectively allocating resources, and advancing social sustainability. Building upon the clarification of the current development status and characteristics of China’s marine-terrestrial interlaced zone, the research systematically examines the key issues existing in the …


Improve Policy System Of Main Functional Zones In National Spatial Planning, Fan Qi, Siqi Qiu, Chengshuangping Zhao, Jianglong Chen, Siyu Shao, Bangrui Liu Apr 2024

Improve Policy System Of Main Functional Zones In National Spatial Planning, Fan Qi, Siqi Qiu, Chengshuangping Zhao, Jianglong Chen, Siyu Shao, Bangrui Liu

Bulletin of Chinese Academy of Sciences (Chinese Version)

This study analyzes in detail the effectiveness and existing problems of the current policy implementation of the main functional zone in the “multi planning and integration” national land spatial planning system, and proposes an overall idea of systematizing, differentiating, coordinating, and incentivizing the policy system of the main functional zone in the new era of national land spatial governance. From the perspectives of strengthening the top-level design of policy systems, classifying and improving policy tools for the main functional zone, strengthening comprehensive policy coordination, and improving policy implementation evaluation mechanisms, the policy recommendations are proposed for improving and implementing the …


Strategic Pattern And Optimization Of China's Eco-Regions During Fifteenth Five-Year Plan Period, Kan Zhou, Jie Fan, Daojing Zhou, Zhedong Qian, Hu Yu, Hanchu Liu, Jian Zhang Apr 2024

Strategic Pattern And Optimization Of China's Eco-Regions During Fifteenth Five-Year Plan Period, Kan Zhou, Jie Fan, Daojing Zhou, Zhedong Qian, Hu Yu, Hanchu Liu, Jian Zhang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Since the implementation of the major function oriented zoning, the ecological space of key ecological functional areas has continuously expanded, with a significant increase in vegetation coverage. Concurrently, there has been a dual change in population dynamics, characterized by a decrease in total population and an increase in the urban population. Furthermore, significant achievements have been made in economic and social development, and there has been a steady improvement in the functions of ecological security barriers, contributing to an alleviation of tension in human-environment relationships. During the 15th Five-Year Plan period, it is imperative to adhere to the functional orientation …


Establishing Networked Territorial Spatial Pattern To Serve New Development Pattern, Jiaming Li, Jiaoe Wang Apr 2024

Establishing Networked Territorial Spatial Pattern To Serve New Development Pattern, Jiaming Li, Jiaoe Wang

Bulletin of Chinese Academy of Sciences (Chinese Version)

A networked territorial spatial pattern, centered around major strategic corridors, plays a crucial role in supporting the construction of the new dual-circulation development pattern. The “Two Horizontals and Three Verticals” major strategic corridors that have been formed can effectively promote the concentration of socio-economic factors in major urban agglomerations. However, there exists a mismatch between the north-south vertical strategic corridors and the east-west socio-economic linkages and transportation corridors. Besides, the existing strategic corridors lack sufficient horizontal support for the Beijing-Tianjin-Hebei urban agglomeration, and the land and sea corridors exhibit weak horizontal driving effect and insufficient connection with external corridors. “Three …


Strategic Priorities Of China's Urbanized Areas During 15th Five-Year Plan Period, Wei Qi, Jie Fan, Jiaming Li, Yu Li Apr 2024

Strategic Priorities Of China's Urbanized Areas During 15th Five-Year Plan Period, Wei Qi, Jie Fan, Jiaming Li, Yu Li

Bulletin of Chinese Academy of Sciences (Chinese Version)

Urbanized areas are areas whose main function is to provide industrial and service products. During the 15th Five-Year Plan period, the urbanization rate of China’s population will exceed 70 percent, thus entering a long-time stage of high urbanization levels. The strategic positioning of urbanized areas will be defined as county-level administrative districts with a high concentration of scientific and technological innovation resources, new quality productivity, and new-type industrialization. In terms of strategic layout, the scope of urbanized areas will be optimized to promote the concentration of population and economy in urban agglomerations, metropolitan areas, and central cities, and to strengthen …


Capitalism In Europe Vs. Latin America, Brandy Mace, Lucas E. Mainhart, Caleb Edwards, Dayton Lamb, Jesus Herrera-Herrera Apr 2024

Capitalism In Europe Vs. Latin America, Brandy Mace, Lucas E. Mainhart, Caleb Edwards, Dayton Lamb, Jesus Herrera-Herrera

ATU Research Symposium

Focusing on the years 1995 to 2023, what are the universal traits of capitalism versus the more varying or flexible traits, as demonstrated by comparing European and Latin American practices of capitalism. For the country comparisons, researchers have agreed on 3 common variables to evaluate the capitalist practices of a Latin American country with a European one. These shared variables are 1) The power of the country's currency, 2) The informal versus formal employment of the labor force, as well as unemployment rate, and 3) The income gap between the rich and poor. Each researcher will also include 1-3 additional …


Unveiling The Power Of Tourism Research: Navigating Insights From Montana For 2024 And Beyond, Melissa Weddell, Kara Grau, Matthew Pettigrew Apr 2024

Unveiling The Power Of Tourism Research: Navigating Insights From Montana For 2024 And Beyond, Melissa Weddell, Kara Grau, Matthew Pettigrew

Institute for Tourism and Recreation Research Publications

ITRR presentation from the 2024 Governor's Conference on Tourism


Proposed Charlotte To Atlanta High-Speed Passenger Rail Line: An Economic, Infrastructural, And Developmental Analysis In The Upstate Of South Carolina, Ian C. Macurda, Kimberly Whitehead Apr 2024

Proposed Charlotte To Atlanta High-Speed Passenger Rail Line: An Economic, Infrastructural, And Developmental Analysis In The Upstate Of South Carolina, Ian C. Macurda, Kimberly Whitehead

SC Upstate Research Symposium

This research paper is an in-depth analysis of the high-speed passenger rail line proposed between Charlotte, NC and Atlanta, GA and its impact on the economy, infrastructure, and future development of the Upstate of South Carolina. Currently, passenger rail service between Charlotte and Atlanta is offered on Amtrak at late hours throughout the night on its long-distance passenger rail line The Crescent from New York City, NY to New Orleans, LA. The train is often delayed and is operating at a deficit for Amtrak, like most of their long-distance routes. Traffic on Interstate 85 through the Upstate is another issue …


Impact Of Snap On Food Insecurity: A Michigan And Indiana Case Study, Cecelia Chapleau Apr 2024

Impact Of Snap On Food Insecurity: A Michigan And Indiana Case Study, Cecelia Chapleau

Honors Theses

Food insecurity is one of the most pervasive and concerning problems in the United States. Approximately 1 in every 13 households within the United States was food insecure at some point during 2022 (Rabbitt et al., 2023) Food insecurity occurs when households have a limited ability to access nutritious foods, there is a limited supply of safe, healthy foods, or they are unable to obtain food in socially acceptable ways (Anderson, 1990). Low food security is associated with adverse health outcomes like type 2 diabetes, cardiovascular disease, and poor mental health, which contributes to the severity of the problem (Thomas …


The Montana Travel Industry - 2023 Summary, Melissa Weddell Apr 2024

The Montana Travel Industry - 2023 Summary, Melissa Weddell

Institute for Tourism and Recreation Research Publications

2023 summary infographic of the Montana travel and recreation industry.


Montana Residents' Attitudes Towards Tourism - 2023, Carter Bermingham, Megan Schultz, Matthew Pettigrew Apr 2024

Montana Residents' Attitudes Towards Tourism - 2023, Carter Bermingham, Megan Schultz, Matthew Pettigrew

Institute for Tourism and Recreation Research Publications

A summary of Montana residents' attitudes towards tourism from the 2023 season. Overall, results from this study show that Montana residents hold a generally positive attitude towards tourism in the state. Residents are aware of the economic benefit that tourism provides to their communities, and agree that the overall benefits outweigh the negative impacts. Perceptions of crowding at the statewide and community level appear to be easing from previous years.


2023 Estimates - Nonresident Visitation, Expenditures, And Economic Contribution, Kara Grau Apr 2024

2023 Estimates - Nonresident Visitation, Expenditures, And Economic Contribution, Kara Grau

Institute for Tourism and Recreation Research Publications

This report is a collection of estimates of 2023 nonresident visitation to Montana, expenditures by nonresident travelers in the state, and the contribution to Montana's economy of that traveler spending. Included are estimates by full year, quarter, trip purposed, and other visitor segments.


Borderplex Business Barometer, Volume 8, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton, Zifeng Feng Apr 2024

Borderplex Business Barometer, Volume 8, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton, Zifeng Feng

Border Region Modeling Project

No abstract provided.


The Contribution Of The South Carolina Technical College System To Human Capital, Labor Force Participation, And Employment, Justin Land Apr 2024

The Contribution Of The South Carolina Technical College System To Human Capital, Labor Force Participation, And Employment, Justin Land

Senior Theses

This thesis assesses the economic impact of the South Carolina Technical College System by applying a counterfactual analysis method to the study of human capital development and labor force growth from 2010-2019. Data from the U.S. Census Bureau and the Integrated Postsecondary Education Data System (IPEDS) are used to estimate the average years of schooling attained by a South Carolinian during the period and the counterfactual average were the Technical College System to not exist. This result is then combined with probit regression models of labor force participation and employment to estimate the Technical College System’s contribution to the labor …


Mexico Consensus Economic Forecast, Volume 27, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton Apr 2024

Mexico Consensus Economic Forecast, Volume 27, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Comparison Of Open Sharing Modes Of Foreign Large-Scale Scientific Facilities And Implications For China, Dacheng Song, Shuai Xiao, Tianming Li, Ke Wen, Dingyi You, Chen Zhang, Qiang Wei, Runtong Guo Mar 2024

Comparison Of Open Sharing Modes Of Foreign Large-Scale Scientific Facilities And Implications For China, Dacheng Song, Shuai Xiao, Tianming Li, Ke Wen, Dingyi You, Chen Zhang, Qiang Wei, Runtong Guo

Bulletin of Chinese Academy of Sciences (Chinese Version)

The open sharing of large-scale scientific facilities plays a pivotal role in the ecosystem of open science. This is of great significance for promoting the development of science and technology, enhancing innovation cooperation, and boosting the overall competitive strength of nations. Starting from two dimensions of resource scarcity and sustainability, this study systematically sorts out four open sharing modes of large-scale scientific facilities: the public and inclusive sharing mode, the market response sharing mode, the intensive guarantee sharing mode, and the Strategic Cooperation Sharing Mode. Through the comparison analysis of four foreign large-scale scientific facilities, the study further elaborates the …


Build Regional Strategic Emerging Industry Selection System For Major Scientific And Technological Infrastructure: Structural Framework And Practical Consideration, Lingling Zhang, Congli Huang, Feite Zhou, Xiang Xu, Long Liu Mar 2024

Build Regional Strategic Emerging Industry Selection System For Major Scientific And Technological Infrastructure: Structural Framework And Practical Consideration, Lingling Zhang, Congli Huang, Feite Zhou, Xiang Xu, Long Liu

Bulletin of Chinese Academy of Sciences (Chinese Version)

Under the circumstances of a new wave of scientific and technological revolution and industrial transformation, it has become imperative for the government’s industrial planning to effectively integrate regional resources with scientific and technological innovation capabilities, identify suitable regional strategic emerging industries, and establish clear directions for industrial development. Drawing on various classical theories of industrial selection from the perspectives of industrial economics and management, this research comprehensively considers six dimensions: technical support capacity of facilities, potential for industrial upgrading, regional resource endowment, social demands, government, and opportunities. Based on the Porter Diamond Model, a robust system is developed to select …


Kankakee In Deindustrialization: An Oral History Approach, Rachel H. Shepard Mar 2024

Kankakee In Deindustrialization: An Oral History Approach, Rachel H. Shepard

ELAIA

The City of Kankakee was an industrialized city that prospered economically for decades. Throughout the late 1970s and 1980s, economic trends shifted for Kankakee and the surrounding communities. The major factories, such as Roper Corporation and A.O. Smith, migrated their source of production from Kankakee to other regions of the United States and abroad during the 1970s and 1980s. As a result, the declining industrial economic activity led to changing community perceptions. Kankakee is an example of the “Rust Belt” region, a region in the Midwestern and Northeastern States of the United States where declining industrial activity occurred throughout the …


Migration And Resource Misallocation In China, Xiaolu Li, Lin Ma, Yang Tang Mar 2024

Migration And Resource Misallocation In China, Xiaolu Li, Lin Ma, Yang Tang

Research Collection School Of Economics

We structurally estimate the firm-level frictions across prefectures in China and quantify their aggregate and distributional implications. Based on a general equilibrium model with input and output distortions and migration, we show that the firm-level frictions are less dispersed and less correlated with firm productivity in richer prefectures. Counterfactual exercises show that reducing the within-prefecture misallocation increases aggregate welfare, discourages migration toward large prefectures, and reduces spatial inequality. Moreover, internal migration alleviates micro-frictions’ impacts on aggregate welfare and worsens their effects on spatial inequality.