Economics Commons^™

Can Sanctions End Wars?, E. Wesley F. Peterson

Yeutter Institute International Trade Policy Review

Russia’s invasion of Ukraine has led to extensive economic, financial, trade, and other types of sanctions directed at individual Russians and the Russian economy. Most European and North American countries as well as Australia, New Zealand, Japan, and Korea have enacted sanctions and many of them are also supporting Ukraine with military and economic assistance. Many other countries including China, India, and Brazil do not support the sanctions although 141 countries belonging to the United Nations (out of a total membership of 193) voted to condemn the war. Although the use of economic sanctions to influence the behavior of foreign …

Exploring The Relationship Between Green Space And Academic Performance, Audrey Demeaux

University Honors Theses

A growing body of literature is exploring the possibility that the presence of green spaces near schools can work to improve academic performance. Research to date on the relationship between green space and academic performance has shown mixed results. However, some see incorporating green spaces into school layouts as a key alternative strategy for improving academic achievement in the United States. This paper adds to the emerging discourse on the relationship between green space and academic achievement by using open-source data to conduct a regression analysis exploring the possible relationship between green space near K-12 schools and SAT scores in …

Working Paper No. 75, The Utopian Socialists Reconsidered, Aden Quenemoen

Working Papers in Economics

This inquiry seeks to establish that efforts to formulate utopian solutions to societal challenges are deserving of reconsideration, especially when the national and international solutions influenced by one Karl Marx and his followers appear to have reached their nadir as the Soviet experiment ended by the start of the 1990s. Such requires us to look back in time prior to Marx by considering contributions advanced by the likes of: Henri de Saint-Simon, Robert Owen, and Charles Fourier. What is stressed is that all three of these authors advanced novel ideas, with some of their ideas deemed important and enduring, while …

Working Paper No. 77, Deconstructing The Kardashian-Based Economy, Alec Van Rossum

Working Papers in Economics

This inquiry seeks to establish that connections can indeed be made between Thorstein Veblen's contributions towards our understanding of social stratification related to patterns of consumption, and the rise in importance of the Kardashian family. We take Veblen’s seminal and enduring book, The Theory of the Leisure Class: An Economic Study of Institutions [1899] and relate some of the ideas therein to what is being coined herein as a “Kardashian-Based Economy.” By drawing connections between selected ideas that Veblen's advanced, and some of the influences displayed by some members of the Kardashian family on consumer culture, we aim to understand …

Working Paper No. 83, The New Focus On Mexico, Maria Zavala

Working Papers in Economics

This inquiry seeks to establish that China’s falling into unfavorable relations with Washington has contributed to a new focus on Mexico. China’s aggressively competing with America for technological supremacy has indeed elicited a U.S. response. Over recent years and months, the U.S. has implemented a host of measures intended to mitigate China’s competition. Along with disruptions to the supply chain and growing political concerns, company leaders have found it increasingly difficult to continue manufacturing in China. Relatedly, investment flows are streaming towards Mexico in what is now termed as “nearshoring.” This tendency comes with a set of workable challenges. With …

Working Paper No. 78, On Lenin, And The State As A Necessary Tool, J.P. Trafford

Working Papers in Economics

In his The State and Revolution [1918], Vladimir Illich Ulyanov—also known as Lenin—singles out the organ of the “State” as the institution essential for realizing a successful communist revolution. Lenin’s draws his thinking on the State from Karl Marx, who in his writings expresses the view that a State emerges in order to mitigate class conflicts. From this perspective, the State becomes an organ for class rule. History teaches us that the State occupies a position above society and is utilized as a special coercive force for exerting the wills of members of the ruling class upon the working class. …

Working Paper No. 84, Designing The Future: The Influence Of Lloyd J. Reynolds On American Product Innovation, Bander Qadan

Working Papers in Economics

This research inquiry shall explore how critical advances in American design products and consumerism can be traced back to the late Lloyd J. Reynolds and the silent yet powerful influence he has had on a generation of students, such as the innovative pioneer, Steve Jobs. Lloyd J. Reynolds was a renowned calligrapher and teacher at Reed College. The inquiry is structured chronologically, leading to Apple's 2022 valuation of about two trillion dollars. Four significant areas shall be examined to trace this trajectory. Firstly, the paper examines the effects of calligraphy/typography on Lloyd J. Reynolds. Secondly, it delves into Steve Jobs’ …

Working Paper No. 80, On W. Stanley Jevons And Britain’S “Coal Question”, Matthew Phan

Working Papers in Economics

Nineteenth century Britain emerged as the center for the industrial world; with coal serving as the energy carrier which would prove itself as a key resource for powering Britain’s industry and for generating her prosperity. At the same time, coal served as a sector in which innovations were also being devised and introduced. This inquiry seeks to establish that one W. Stanley Jevons, an academic lecturing at the University of Manchester, expressed concerns regarding what he and some others phrased as Britain’s “coal question,” and took to addressing issues associated with its depletion. In so doing, Jevons’ writings would offer …

Working Paper No. 82, The Importance Of The Cold War And Its Ending, Abraham Escudero

Working Papers in Economics

This inquiry seeks to establish that the citizenry inhabiting the two superpowers derived benefits from the Cold War; advantages that appear to have diminished with the start of the Post-Cold War Era. In the 1930s the Great Depression brought into question the efficacy of the Western capitalist system. As a challenge, a Soviet model running on a revolutionary zeal associated with establishing a new society underscored Joseph Stalin’s super-industrialization drive. The citizenry of both superpowers, as well as citizenry around the world, would ultimately benefit from the competition for dominance, albeit with certain costs, especially for human rights. Shifts in …

Working Paper No. 79, On The Emergence Of And Failures Of Cybernetics In The Soviet Union, Leah Herrera

Working Papers in Economics

This inquiry seeks to establish that despite potentially offering significant efficiency gains leading to an era of intensive economic growth, cybernetics in the USSR fell short in being implemented because of a) lack of coordination between competing ministries; b) inadequate policies; and c) insufficient funding. Though the structure of government in the USSR appeared to be centralized and hierarchical, with economic and government plans and policies traveling from the top down, in practice, ministries acted more like heterarchies, leading to ministerial competition over the large cybernetic projects meant to reform the administrative command economy—from the mid-1950s through to the late …

Rural Development Hubs, A Possibility For Nebraska?, Marilyn R. Schlake

Cornhusker Economics

The Aspen Institute, Community Strategies Group conducted an analysis of 43 Rural Development Hubs from across the country to discover their strategies, organizational structures, regional roles, and practices. Their aim was to learn how rural regions can help investors, policymakers and other local and regional decision-makers better serve their regions. The following provides an overview of their findings detailed in the report: Rural Development Hubs: Strengthening America’s Rural Innovation Infrastructure. The report provides an opportunity for further discussion on the potential role of Rural Development Hubs in Nebraska. Rural Development Hubs are defined as a “place-rooted organization working hand-in -glove …

Reflections On The Initiatives Of Ngos, Ingos, And Un Organizations In Eradicating Poverty In Lebanon Through The Case Study Of Rmf, Jeanne Laure Mawad, Mohammad Makki

Arab Economic and Business Journal

Despite several measures aimed at helping the poor, almost three-quarters of the Lebanese residents plunge into poverty (ESCWA, 2021), owing to a severe political, economic and financial crisis that hit the country since the last quarter of 2019 (WorldBank, 2021). These combined shocks have resulted in a drop in the living conditions for a large percentage of the Lebanese, minorities, and refugees. Many efforts have been set to lower the levels of poverty by INGOs,NGOs, and UN organizations in the country whether by providing direct relief support to the poor, minorities and refugees or by funding SMEs and startups, yet …

Equity In Unemployment Insurance Benefit Access, Christopher J. O'Leary, William E. Spriggs, Stephen A. Wandner

Presentations

No abstract provided.

How 3d Printing Can Revolutionize Developing Economies, Paul Zuber-Fantulin

Global Honors Theses

3D printing technology has the potential to completely revolutionize development in emerging markets. While 3D printing can make a wide variety of objects, and create the capacity for local manufacturing, it can also change the nature of the economy and how things are made. When looking at the potential for development, we must realize that much development is attained by the unequal exchange between nations. For this reason, capitalism often fails the developing world while benefiting the developed one. However, thanks to this technology, there might be a path toward breaking this cycle. Examining how 3D printing is opening up …

An On-Ramp To Financial Inclusion: Measuring The Impact Of Mercy Corps' Community Investment Trust Program On Minority Investors, Lexi Yokote

University Honors Theses

Mercy Corps' Community Investment Trust (CIT) was launched in 2017 as a low-risk real estate investment and education initiative. The program is now working to replicate this in cities across the United States. However, it has not been able to collect much feedback from existing investors about their experiences and needs. This paper will use primary and secondary research in the form of a literature review and original surveys to collect information about investor demographics, attitudes toward the CIT and investing, risk perceptions, and future investment plans. The results show that U.S.-born versus foreign-born status, ethnicity, and gender affect the …

Revisiting Development Discourse Amidst Informal Sector Crises Covid-19 Pandemic, Anjan Chakrabarti, Pooja Sharma

International Journal on Responsibility

Amid the COVID-19 pandemic, India has experienced a severe catastrophe of the informal sector, related to both health and livelihood. The informal sector and migrant workers are closely linked and they became easy prey during the nationwide lockdown at the onset of the COVID-19 pandemic. The informal sector, primarily a fallout of the prevailing dual economy, makes it highly imperative to revisit not only India’s growth and development process but also the distribution. The paper attempts to evaluate the development process adopted by developing countries and their relevance in terms of growth and inequality. The study finds the missing link …

Analysing Pandemic Induced Economic Inequality In Developing Nations, Ravneet Kaur Bhogal

International Journal on Responsibility

The dawn of the new decade of the 21st century saw an unprecedented global crisis. This crisis led the world to halt economic and social progress. It led to a galloping increase in the economic inequality and migration of people in search of opportunities to save them from the current situation. The developing nations saw a sea of people migrating back to their roots in search of safe havens. This has led to the loss of jobs which has increased income inequality. Migrants face the risk of contagion and also the possible loss of employment, wages, and health insurance coverage. …

Panel Data Models With Time-Varying Latent Group Structures, Peter C. B. Phillips, Liangjun Su, Yiren Wang

Cowles Foundation Discussion Papers

This paper considers a linear panel model with interactive fixed effects and unobserved individual and time heterogeneities that are captured by some latent group structures and an unknown structural break, respectively. To enhance realism the model may have different numbers of groups and/or different group memberships before and after the break. With the preliminary nuclear-norm-regularized estimation followed by row- and column-wise linear regressions, we estimate the break point based on the idea of binary segmentation and the latent group structures together with the number of groups before and after the break by sequential testing K-means algorithm simultaneously. It is shown …

Deciphering French Decentralization Efforts And Economic Attractivity Through The Evaluation Of France's Lyonnaise Region, Magwyer Grimes, Kimberley Brown

University Honors Theses

France has long been a country politically and economically dominated by its largest city: Paris. This dynamic seemed natural for an absolute monarchy and a subsequent empire that sought centralized administration, but in the second half of the twentieth century there were increasing calls for regional solidarity and a more active industrial policy to develop metropolitan France beyond the Paris basin. The objectives of the French government seem two-fold: to lean on and expand the economic strength of the Paris region while increasing the economic dynamism of the various other large agglomerations. But in an economy already so dominated by …

The Economic Value Of Sea Otters And Recreational Tourism In A California Estuary, Jessica A. Fujii, Charles S. Colgan, Anthony Castelletto, Michelle M. Staedler, Amy G. Wolfrum, Kyle S. Van Houtan

Journal of Ocean and Coastal Economics

The recovery of marine megafauna can lead to improved ecosystem function and services, but not all stakeholders may benefit equally. Quantifying the local economic value of a species’ presence may appeal to broader range of stakeholders when developing conservation strategies. This study aims to examine the economic effect recreational activities can have on a local region, and to determine what role the presence of southern sea otters (Enhydra lutris nereis) had on the value visitors placed on the visit and the area’s preservation. We surveyed visitors to Elkhorn Slough, a small estuary in California known for diverse wildlife, …

Economic Empowerment Through Art, Ava Ellis

Thinking Matters Symposium

Economic Empowerment Through Art: Final Abstract

Ava Ellis, Shaw Innovation Fellow, USM, MSW graduate student

My research project focused on using drawing and one-to-one art workshops as a way into discussing money habits. Participants shared their beliefs about money and responses to questions about money. They considered ways they may want to alter habits related to money within the 1 hour workshop, art was used as a scaffold to envision future-oriented economic goals. Participants mentioned uncertainty regarding financial planning and a lack of education regarding money in childhood. All felt they often needed more financial insight, in terms of developing …

The Digital Divide Between The Outputs Of Media Faculties And The Leading Sector In The Jordanian Market... Indicators And Treatments, Hani A. Al Badri

Journal of the Association of Arab Universities for Research in Higher Education (مجلة اتحاد الجامعات العربية (للبحوث في التعليم العالي

Global technological transformations predict the birth of new societies based on knowledge and qualitative elements of production within an accelerated digital environment, which calls for a review of various educational strategies to keep pace with the high dynamism in the business sectors. Therefore, the research aims to shed light on the digital gap between the educational outputs of the media faculties and the leading sector in the Jordanian market. The article adopted the inductive method based on observation and comparison of the results of previous literature and official reports. The article concluded that despite the great development that Jordan has …

Formalizing Dispute Resolution: Effects Of Village Courts In Bangladesh, Martin Mattsson, Ahmed Mushfiq Mobarak

Discussion Papers

Disagreements over business deals, land boundaries, or loan non-repayment are very common sources of disputes, and courts are congested in developing countries. We evaluate the effects of the government introducing formal “village courts” (VCs) in rural Bangladesh using a randomized controlled trial with a pre-analysis plan. VCs were designed to improve dispute resolution and relieve the pressure on congested district courts. We find that VCs are more of a substitute for the ubiquitous informal dispute resolution mechanism (DRM) called shalish. VCs become functional and active in treated areas, but shalish remains the primary preferred DRM in both treatment and …

Comparative Analysis Of The Water Crisis In Guam And New Delhi: Evaluating Causes And Potential Solutions, Jordina Marshall

Global Honors Theses

The core topic of this paper will be an examination of a comparative study of the water issue in India, with a particular emphasis on New Delhi, and the water crisis on the island of Guam, with a large amount of focus being placed on an assessment of the possible causes as well as potential remedies. Due to the impact the water problem has on the ecosystem, the welfare of the populace, and the security of their food supply, a solution must be found. There are rising concerns that endangers the health of both of these nations as well as …

Terrorism And Growth: Evidence From India And Egypt, Nibal Ezz Eldin Attia Nibal, Ahmed Sabry Abou Zaid

Future Journal of Social Science

The impact of terrorism is different in developed and developing countries, according to many economists. But what leads to variation in the consequences of terrorism among two developing countries? This paper takes into account two developing countries from two different continents and quantifies the impact of terrorism on GDP per capita. The data is extracted and arranged from the Global Terrorism Index (Humanity, n.d.) for India and Egypt from the years 1975-2018 and 1977-2018, respectively. A set of statistical analyses using the OLS and Newey-West method is used to examine the relationship between the variables. For India, an act of …

New Asymptotics Applied To Functional Coefficient Regression And Climate Sensitivity Analysis, Qiying Wang, Peter C. B. Phillips, Ying Wang

Cowles Foundation Discussion Papers

A general asymptotic theory is established for sample cross moments of nonstationary time series, allowing for long range dependence and local unit roots. The theory provides a substantial extension of earlier results on nonparametric regression that include near-cointegrated nonparametric regression as well as spurious nonparametric regression. Many new models are covered by the limit theory, among which are functional coefficient regressions in which both regressors and the functional covariate are nonstationary. Simulations show finite sample performance matching well with the asymptotic theory and having broad relevance to applications, while revealing how dual nonstationarity in regressors and covariates raises sensitivity to …

Reintroducing Hemp (Rongony) In The Material Palette Of Madagascar: A Study On The Potential Of Hemp Clay Components And Its Impact On Social And Ecological Communities., Henintsoa Thierry Andrianambinina

Masters Theses

When mentioning the word hemp, especially in the local language of Madagascar, the literal translation does not set it apart from marijuana, as they are both called “rongony” - creating the stigma around hemp as the negative stereotype of marijuana. However, the material has been used by the ancestors of Madagascar, as well as across cultures, in its fibrous form to produce fabrication like textile goods and packaging. During colonization, the prohibition of hemp intensified, and since then, any activity related to either of these plants is prohibited and will end in severe punitive measures. This thesis explores the strengths …

Liquid Border, Yingfan Jia

Masters Theses

A River is a mighty and constantly-evolving force, leaving behind an intricately designed and constantly changing system. Not just a river, the Rio Grande stretches all the way from Colorado before intersecting with the US-Mexico Border in southern Texas - a point where the powerful forces of nature now merge with a clearly-defined political boundary. The outcome of this is a unique ecological niche, which may often go unnoticed despite its distinctiveness.

Texas is famous for its farms and ranches, and the Rio Grande Valley of South Texas was once an agricultural hub. However, urbanization and the depletion of water …

Economic Impacts Of Investment Facilitation, Edward J. Balistreri, Zoryana Olekseyuk

Yeutter Institute International Trade Policy Review

After the successful adoption of the Trade Facilitation Agreement (TFA) in 2014, investment facilitation is gaining importance as the next policy priority for a plurilateral agreement under the World Trade Organization (WTO). In fact, more than 110 WTO Members aim to conclude the negotiations on the Investment Facilitation for Development (IFD) Agreement by mid-2023 after only three years of formal negotiations. Investment facilitation refers to actions taken by governments designed to attract foreign investment and maximize the effectiveness and efficiency of its administration through all stages of the investment cycle. The IFD agreement focuses on allowing investment to flow efficiently …

The Macrodynamics Of Indian Rupee Swap Yields, Tanweer Akram, Khawaja Mamun

WCBT Working Papers

This paper econometrically models the dynamics of Indian rupee (INR) swap yields based on key macroeconomic factors using the autoregressive distributive lag (ARDL) approach. It examines whether the short-term interest rate has a decisive influence on long-term INR swap yields after controlling for other factors, such as core inflation, the growth of industrial production, the logarithm of the equity price index, and the logarithm of the INR exchange rate. The estimated models show that the short-term interest rate has an important influence on the swap yields. This implies that the Reserve Bank of India (RBI) can sway borrowing and lending …