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Full-Text Articles in Social and Behavioral Sciences

Diagnosing The Roots Of Chinas Growth Miracle: An Examination Of Strategies That Have Most Influenced Chinas Economic Development In The Twenty-First Century, Katharine Manko Jun 2012

Diagnosing The Roots Of Chinas Growth Miracle: An Examination Of Strategies That Have Most Influenced Chinas Economic Development In The Twenty-First Century, Katharine Manko

Honors Theses

There are significantly different views regarding what strategies underlie China’s economic growth and development in the past decade. An examination of these varied opinions will indicate the complexity of determining which strategies have been most conducive to China’s economic expansion. This paper will use data from several developing and developed countries along with an analysis of a number of strategies that economists and scholars have listed as aiding the economic growth process. The analysis of the scatter pot data will then be applied to China as a case study to determine which factors and strategies have been most conducive to …


Effects Of Income Inequality On Economic Growth, Madelyn Degutis Jun 2012

Effects Of Income Inequality On Economic Growth, Madelyn Degutis

Honors Theses

Economic growth reflects the change in the overall well-being of a country and the standard of living of its population. It is important to understand what factors affect economic growth. This thesis hypothesizes that income inequality negatively affects growth. A country-level data set of 114 countries for 2000 and 2005 is used to estimate a growth model. The dependent variable, the five year average of economic growth per capita, is regressed on a set of standard factors (human capital, investment, and technology), institutional factors (political stability, corruption, and property rights), income inequality, and demographic factors (gender equality and racial diversity). …


The Twisting Fed: How Changing Open Market Operation Compositions Affect Long-Term Interest Rates And Subsequently Influence Capital Expenditures, Michael Owen Miller Jun 2012

The Twisting Fed: How Changing Open Market Operation Compositions Affect Long-Term Interest Rates And Subsequently Influence Capital Expenditures, Michael Owen Miller

Honors Theses

The Federal Reserve has been highly active in the past decade in its attempts to lower long-term interest rates and spur economic growth. This thesis will investigate how the Federal Reserve’s actions have influenced long-term Treasury yields and whether the manipulation of the long-term interest rate helps stimulate economic growth through capital investment. To examine how the Fed’s actions affect long-term yields we study the maturity composition of the Fed’s Open Market Operations (OMOs). As the trend of proportional purchases shift farther out along the yield curve, we expect the long-term interest rate to decrease. The impact of shifting long-term …


Three Essays Concerning The Relationship Between Exports, Macroeconomic Policy, And Economic Growth, Brandon James Sheridan Jan 2012

Three Essays Concerning The Relationship Between Exports, Macroeconomic Policy, And Economic Growth, Brandon James Sheridan

Theses and Dissertations--Economics

This dissertation consists of three essays that collectively investigate the relationship between exports, macroeconomic policy and economic growth. The first essay investigates the relationship between disaggregated exports and growthto address why many developing countries rely on primary goods as their main source of export income when evidence suggests they could earn higher returns by exporting manufactured goods.Using regression tree analysis, I find that although increasing manufacturing exports is important for sustained economic growth, this relationship only holds once a threshold level of development is reached. The results imply that a country needs a minimum level of education before it is …


The Interaction Of Political Capacity And Economic Growth To Attract Foreign Direct Investments At The Provincial Levels Of Developing Countries, Murniz Allen Vasay Coson Jan 2012

The Interaction Of Political Capacity And Economic Growth To Attract Foreign Direct Investments At The Provincial Levels Of Developing Countries, Murniz Allen Vasay Coson

CGU Theses & Dissertations

This dissertation will explore how developing provinces within countries attract foreign direct investment. The policy implication to this study is important because it could account for the uneven distribution of growth in developing countries that so frequently leads to dual economies. To attract foreign direct investments, provincial governments compete among themselves trying to appeal to international investors. There is consensus in the economic development literature that both economic and political variables interact to advance a nation's economy. The ability for a country to provide a free market economy to exchange goods and ideas makes the environment more favorable for investors, …