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Full-Text Articles in Economics

Grower Risk And Community Perception: Impediments To Growing Maine's Aquaculture Industry, Avery W. Cole Aug 2019

Grower Risk And Community Perception: Impediments To Growing Maine's Aquaculture Industry, Avery W. Cole

Electronic Theses and Dissertations

Maine has a long and proud history of working waterfronts and commercial fishing. However, in recent decades, aquaculture, or the harvesting or growing of aquatic life, has emerged as another player in the coastal economy. Globally, aquaculture is experiencing the fastest growth of any food sector in the world as it subsidizes floundering wild-capture fisheries (FAO, 2014). Maine and the rest of the United States have not yet participated in this growth, which has led stakeholders and policymakers like the National Oceanic and Atmospheric Administration (NOAA) to advocate for massive improvements to the sector by 2020 (NOAA, 2016). To ensure …


An Economic Analysis Of Student Loan Default, Arianna Castonguay May 2019

An Economic Analysis Of Student Loan Default, Arianna Castonguay

Electronic Theses and Dissertations

Cumulative student loan debt in the United States has now surpassed $1.5 trillion. Moreover, since the turn of the century, cohort default rates of these loans have steadily risen across all types of institutions. The latest data from the U.S. Department of Education shows 10.8 percent of borrowers who entered repayment in fiscal year 2015 have defaulted within three years. In turn, the first chapter of this paper summarizes student loan policies as well as trends in debt and default. Furthermore, it highlights the consequences of high student debt and default for individual borrowers and the economy. Results show evidence …


Automation And Adaptation: Information Technology, Work Practices, And Labor Demand At Three Firms, Spencer J. Rockwell Jan 2019

Automation And Adaptation: Information Technology, Work Practices, And Labor Demand At Three Firms, Spencer J. Rockwell

Electronic Theses and Dissertations

The use of information and communication technology to automate routine tasks involves two types of innovation: technological and organizational. Together, improvements in technological capabilities and complementary changes made by firms in the way they organize work and implement work practices constitute the conditions under which machines substitute for or complement human workers. Building on the prevailing model of routine-biased technical change and recent insights into organizational complementarities, I conduct three qualitative case studies in health care and real estate to assess the relationship between technology and firm-level labor demand. Unique combinations of technological innovation, organizational complementarity, and decision-making at each …