Digital Commons Network^™

Testing The Marshall-Lerner-Robinson Condition In Ghana Prior To 1983: Was A Devaluation Of The Cedi Justified In Improving The Trade Balance?, Judith Olivia Canipe

Masters Theses

The aim of this paper is to empirically predict the quantitative impact of a devaluation of the Ghanaian Cedi on the trade account for 1960 to 1983. The imperfect substitutes model is employed to test the Marshall-Lerner-Robinson condition. In doing so, conclusions are drawn about the World Bank's implementation of loan conditionalities requiring a devaluation in order to address the trade deficit. Similarities between the economic structure of Ghana and other less developed countries allow for an extension of this study to other countries considering depreciation policies. The effect of a currency devaluation on the cocoa industry is also discussed. …

The Effects Of Merit Awards On District-Level High School Graduation: Evidence From Michigan, Brandon Lee Harrison

Masters Theses

This paper considers the effects of the Michigan Merit Award, a college scholarship program, on high school graduation rates. Students qualify via a standardized high school proficiency exam. Identification is achieved through difference-in-differences estimation using both a broad set of controls and a stricter set of controls. The effects on graduation rates differ depending on the model specification, as some significant results show a positive correlation between the introduction of the program and graduation rates, while others a negative effect. Where it appears the award increased graduation rates, pinpointing the exact impact of the award on graduation levels is difficult …

The Role Of Consequentiality In The External Validation Of Stated Preference Methods, Sharon Bowen Watson

Masters Theses

This study examines consequentiality and information effects of stated preference methods by taking advantage of a unique opportunity to compare survey responses with a parallel, financially binding public referendum held in the Town of Middleborough, Massachusetts, concerning the adoption of a conservation and preservation policy to be funded by a property tax surcharge. Our survey setting departs from previous work in this area in that (1) many survey respondents were unaware of the upcoming referendum and (2) the survey “referendum” mirrors that of the public referendum. The survey and analysis are designed to elicit and control for respondent beliefs regarding …

Factors Influencing Precision Farming Technology Adoption Over Time In Southern U.S. Cotton Production, Pattarawan Watcharaanantapong

Masters Theses

This study analyzed factors of farm and farmer characteristics that influenced the timing of PF technology adoption using Trivariate Tobit models for three PF technologies. Data from the Cotton Incorporated Southern Precision Farming (PF) Survey conducted in February and March of 2009 for the 2008 crop year were analyzed for PF adoption by Southern U.S. Cotton Producers. The number of years a cotton farmer had used yield monitoring (YMR), remote sensing (RMS) and grid soil sampling (GSS) were the dependent variables and farm and farmer characteristics were the independent variables.

Results of Trivariate Tobit model for YMR suggested that younger …

Evaluating The Contribution Of Infrastructure To U.S. Agri−Food Sector Output, Tingting Tong

Masters Theses

The effect of infrastructure investment or capital on private sector output and productivity has been widely discussed over the past two decades. However, only limited studies have focused on the contribution of infrastructure to the output of U.S. agricultural and food sector. Considering the importance of agriculture in U.S. economy and its strong dependence on infrastructure, two empirical analyses were made in this thesis to evaluate the output impact associated with infrastructure in agricultural and food sector in the United States. The first study examines the spillover effect of two major transportation modes, roads and rails, on agricultural output across …

Economic And Environmental Effects Of Switchgrass Production On A Representative Cow-Calf Farm In Middle Tennessee, Hanna Leah Watts

Masters Theses

The purpose of this research was to evaluate the economic tradeoffs and land use dynamics of incorporating switchgrass into the farm plan of a representative middle Tennessee cow-calf operation. A net revenue simulation and multi-year mathematical programming model was used to find the optimum mix of switchgrass and cow-calf enterprises that will maximize whole farm net revenues over 30 years on a representative middle Tennessee beef farm under both average and above average management. Land use changes predicted by the mathematical programming model were used to assess the carbon change associated with incorporating, or transitioning to, switchgrass production.

For a …

Examining Impacts On Water Demand Resulting From Population And Employment Growth Using A Regional Adjustment Model, Steven Blake Thomas

Masters Theses

This thesis examines the currently available water use data and its limitation for use in scientific research. The first chapter offers a description of the current nationwide water data including descriptions of collection methods and trends found within the data. The varying collection methods used result in inconsistencies within the datasets and between the years. These inconsistencies have resulted in the data being used more as a point of reference than in nationwide empirical analysis of water use. There has been a calling for systematic improvements to the data, which could contribute to greater empirical analysis taking place at the …

Foreign Direct Investment In Italy 2000-2010: Spatial Patterns And Implications, Enzo Crescentini

Masters Theses

Foreign direct investment (FDI) has long been shown to be an important driver of economic growth as well as a source of knowledge transfer in host countries. Italy, now the tenth largest economy in the world, has a remarkable distribution of FDI characterized by a metropolitan industrial North and what is commonly referred to as an economically unfit or "backwards" South. Given these regional differences, Italy faces many interesting challenges in attracting FDI in the current global economic climate. The nation must attract capital to less-developed regions as well as to the extensive industrial clusters in the North that are …

Trade Openness In North America: The Impacts Of Nafta, Mohammed Dawood

Masters Theses

The objective of this paper is to examine the impacts of the creation of NAFTA on trade openness in the North American region as a whole. We first assess these impacts of on NAFTA on individual member countries- namely, the United States, Canada and Mexico. Then we explore the impacts of NAFTA on North America as a bloc. Towards our goal we develop an empirical model that includes several independent variables to control, among others, for productivity, inflation, capital formation, per capita income, monetary policy and the existence of NAFTA. We collect annual time series data on all variables from …

Role Of Rural-Urban Migration In Explaining Economic Growth: Evidence From The Least Developed Countries, Karun Gyawali

Masters Theses

No abstract provided.

Relationships Among Growth, Poverty And Inequality In Developing Countries, Mahlet Getachew Gezahegn

Masters Theses

No abstract provided.

An Empirical Analysis Of The Service Sector Transformation In Safta Member Countries, Md. Tanvir Pavel

Masters Theses

No abstract provided.

Iron Bars Or Libraries: Which Will Reduce Crime More?, Kenneth Shepherd

Masters Theses

No abstract provided.

Inflation And Growth: An Estimate Of The Threshold Level Of Inflation In The U.S., Hio Loi

Masters Theses

No abstract provided.