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Full-Text Articles in Economics

Learning Consequences Of School Improvement In Mexico: Evidence From A Large Government Program, Carlos Alejandro Noyola Contreras Dec 2019

Learning Consequences Of School Improvement In Mexico: Evidence From A Large Government Program, Carlos Alejandro Noyola Contreras

Undergraduate Economic Review

I study the impact of investment in infrastructure of already existing poor schools and increased school based management on learning outcomes, as measured by student achievement in standardized tests. To that end, I implement a difference-in-differences design to compare schools that received money from a large government program to improve their physical conditions with those that do not, before and after program implementation. Unlike previous studies, I focus on the effect of improving schools that already exist, to see whether the impact is different from that of building schools. I find no evidence of positive impacts on test scores at …


Is Diamond A Resource Curse For Africa?, Karli Hamrick Dec 2019

Is Diamond A Resource Curse For Africa?, Karli Hamrick

Undergraduate Economic Review

This paper investigates the resource curse in diamond exporting industry in African countries. The empirical evidence about the “resource curse” is mixed in literature and almost none has been done regarding diamond. Our study aims to bridge that gap. The results suggest that diamond export is positively correlated with well-being in a group of African countries. In other words, the “resource curse” may not occur in diamond mining industry after the Kimberly Process (KP) was put in place in 2002. We argue that the KP serves as a good institution and has created good incentives for firms in the industry. …


Is Our Coal-Onial Era Ending Anytime Soon?, Hadiqa Faraz Dec 2019

Is Our Coal-Onial Era Ending Anytime Soon?, Hadiqa Faraz

Undergraduate Economic Review

In this paper, I estimate the long-run co-integrated relationship between energy demand and economic growth for 20 countries from the year 2000 to 2016. I use panel unit-root and heterogeneous panel co-integration tests to test for non-stationarity of the panels and to determine whether there is a long-run link between energy consumption and GDP per capita. The estimated model uses a first-difference OLS model to estimate income elasticity of energy demand; the empirical results of this model show that there is a long-run relationship between energy consumption per capita and GDP per capita. In the long-term, on average, with 1% …


The Economics Of Weight Loss, Shivani Pandey May 2019

The Economics Of Weight Loss, Shivani Pandey

Undergraduate Economic Review

Obesity is now being considered one of the biggest health concerns globally. Ironically, while India records the largest no. of underweight population in the world along with China, it has also been placed in the top five countries in terms of obesity as per a new study by the Lancet Journal. Obesity entails various direct and indirect costs in terms of lower productivity and higher medical expenditure and has the potential to lower economic growth. This paper analyses the need for strengthening government regulations in the weight loss industry. After analyzing the causes of obesity and its negative effects on …