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Masthead, DUJPEW Editorial Board 2018 Dartmouth College

Masthead, Dujpew Editorial Board

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


Letter From The Editor, DUJPEW Editorial Board 2018 Dartmouth College

Letter From The Editor, Dujpew Editorial Board

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


Volume I | Issue I | Winter/Spring 2018, DUJPEW Editorial Board 2018 Dartmouth College

Volume I | Issue I | Winter/Spring 2018, Dujpew Editorial Board

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


Regulation And The Marginalist Revolution, Herbert J. Hovenkamp 2018 University of Pennsylvania Law School

Regulation And The Marginalist Revolution, Herbert J. Hovenkamp

Faculty Scholarship

The marginalist revolution in economics became the foundation for the modern regulatory State with its “mixed” economy. Marginalism, whose development defines the boundary between classical political economy and neoclassical economics, completely overturned economists’ theory of value. It developed in the late nineteenth century in England, the Continent and the United States. For the classical political economists, value was a function of past averages. One good example is the wage-fund theory, which saw the optimal rate of wages as a function of the firm’s ability to save from previous profits. Another is the theory of corporate finance, which assessed a ...


What Works To Help Manufacturing-Intensive Local Economies?, Timothy J. Bartik 2018 W.E. Upjohn Institute

What Works To Help Manufacturing-Intensive Local Economies?, Timothy J. Bartik

Timothy J. Bartik

No abstract provided.


Connecticut Economic Outlook For 2018-2020: A Perspective From Sacred Heart University Students In Business Economics, Lucjan Orlowski 2018 Sacred Heart University

Connecticut Economic Outlook For 2018-2020: A Perspective From Sacred Heart University Students In Business Economics, Lucjan Orlowski

Lucjan T. Orlowski

The United States economy has been through its fair share of struggles in recent years. Following the 2008 Financial Crisis, many people were uncertain of how it was going to impact the future of American business, policies, and individual states economic potential. After the election of President Donald Trump, it is evident that there has been a great amount of growth in the United States economy, and the growth that has been made can be reflected in multiple ways. Using the tools and knowledge we have obtained in our Economic and Financial Forecasting course at Sacred Heart University, we are ...


Mafia And Globalization: The Consequences Of Economic Integration Without Legal Symmetry, Benjamin White 2018 University of San Diego

Mafia And Globalization: The Consequences Of Economic Integration Without Legal Symmetry, Benjamin White

Undergraduate Honors Theses

This project will examine the relationship between mafia and globalization through the lenses of two case studies, focusing on the Calabrian criminal organization known as ‘Ndrangheta. The first case study revolves around the Port of Gioia Tauro, which serves as the drug trafficking hub of ‘Ndrangheta and is emblematic of the overall trends in global commercial traffic and security deficits. The purpose of this case study is to demonstrate how ‘Ndrangheta exploits the advanced economic integration that began in the 1990s and continues to exist in the gap between frantic commercial activity and limited government oversight. This case study begins ...


The Economic Impacts Of A U.S. Withdrawal From Nafta: A Cge Analysis, Jonathan Liu 2018 University of Toronto Schools

The Economic Impacts Of A U.S. Withdrawal From Nafta: A Cge Analysis, Jonathan Liu

Undergraduate Economic Review

The aim of this study is to examine the economic impacts of a U.S. withdrawal from the North American Free Trade Agreement (NAFTA) on Canada, Mexico and the United States. The shocks simulate scenarios in which the U.S instates penalizing tariff rates on NAFTA countries, a trade war between NAFTA members and a tariff reset to the WTO MFN rates. The effects of these tariff structures are analyzed under the framework of a computable general equilibrium (CGE) model with a focus on macroeconomic variables and welfare. The findings show that, in all iterations, Mexico’s economy takes a ...


Empirical Essays In Household Economics, Hao Li 2018 Southern Methodist University

Empirical Essays In Household Economics, Hao Li

Economics Theses and Dissertations

This dissertation is consist of three empirical studies in economics. The first part empirically examines the effect of universal pre-k on labor force participation of fertility age women in Oklahoma. I investigate the policy effect from both theoretical and empirical perspectives. I apply the synthetic control method (SCM) to the Current Population Survey (CPS) data to identify the causal relationship between universal pre-k and female labor outcomes. I find that universal pre-k increases labor supply of women aged 25 to 45 in Oklahoma. The second empirical study focuses on how the birth outcomes of US children respond to exposure to ...


Essays In Business Cycles And Asset Pricing, Ruiyang Hu 2018 Southern Methodist University

Essays In Business Cycles And Asset Pricing, Ruiyang Hu

Economics Theses and Dissertations

This dissertation investigates several key macroeconomic and asset pricing topics, with a particular interest in exploring the underlying driving forces of business cycles and asset market fluctuations. The dissertation includes three chapters, with the first two chapters solo-authored by me and the third chapter co-authored with Dr. Carlos Zarazaga.

The first chapter develops a dynamic and stochastic general equilibrium model, and exploits Bayesian inference methods to investigate the major sources of fluctuations in aggregate variables and asset prices. Taking into account the possibility that the growth of total factor productivity, labor-augmenting technology and investment-specific technology might consist of permanent and ...


Comparisons Of Ad Valorem And Unit Tax In Two Different Industries, Kai Zhang 2018 Southern Methodist University

Comparisons Of Ad Valorem And Unit Tax In Two Different Industries, Kai Zhang

Economics Theses and Dissertations

This dissertation analyzes the comparisons between unit and ad valorem tax in two different industries.

Chapter 1 considers an industry with one upstream monopolist and a fixed number of asymmetric downstream firms. I compare market outcomes from unit and ad valorem tax under three pricing schemes that the upstream monopolist can use, uniform pricing, third-degree price discrimination, and two-part tariffs. I find that ad valorem tax is always tax revenue preferred to unit tax when both are charged at the same layer as long as profit margin is positive. Downstream ad valorem tax improves total social welfare by relocating production ...


Impact Of Cooperative Membership On Members' Household Economies: The Case Of Chiapas Coffee Farmers, Stephen Pitts 2018 The University of San Francisco

Impact Of Cooperative Membership On Members' Household Economies: The Case Of Chiapas Coffee Farmers, Stephen Pitts

Master's Theses

Coffee producers typically sell raw coffee beans as the first step in a global value chain. Recently, groups of producers have formed coffee cooperatives that attempt to regain market power by integrating the other steps of the value chain. This study uses matching to estimate the effect of membership in one such cooperative on the household economy of indigenous coffee producers in the state of Chiapas, Mexico. It contributes to the literature by considering new determinants of participation and outcomes of interest. First, social capital at the individual and village level is correlated with cooperative membership more than other demographic ...


Christian Political Economy And Economic Science: A Pathway For Interdisciplinary Dialogue, Nathan McLellan 2018 Southern Methodist University

Christian Political Economy And Economic Science: A Pathway For Interdisciplinary Dialogue, Nathan Mclellan

Religious Studies Theses and Dissertations

This dissertation considers two intellectual impediments to interdisciplinary dialogue between Christian theologians, ethicists, and economists: scarcity and the status of economics as a wertfrei science. Using the landmark methodological work of Lionel Robbins, An Essay on the Nature and Significance of Economics Science, to frame the discussion, this dissertation seeks to remove these two intellectual impediments to interdisciplinary dialogue by considering three nested questions. They are:

(1) Is scarcity—as defined by Robbins—an accurate description of the world?

(2) If scarcity, as defined by Robbins, is an accurate description of the world, how is this to be justified theologically ...


The Economy Of Divorce: Pensions In Latin America, The Effects On Women, And The Decision To Divorce, Mary Walsh 2018 The University of San Francisco

The Economy Of Divorce: Pensions In Latin America, The Effects On Women, And The Decision To Divorce, Mary Walsh

Undergraduate Honors Theses

This thesis addresses the gender inequalities produced in pension systems in Latin America, discusses pension reform, and specifically describes gender inequalities that exist for divorced women, and the relationship between divorce and pensions.This topic is important in the discussion in analyzing pension reform in Latin America, as well as analyzing the nuanced degrees of inequalities present for women in Latin America. It is crucial to understand this relationship, in order to address gender inequality as divorce rates continue to rise . To analyze this relationship,I looked at both qualitative and quantitative data.To start I examined the inequalities present ...


The Fisheries Crisis And Its People: An Econometric Sustainable Livelihoods Application For Low-Income Artisanal Fishers In Sierra Leone, Nathan Brock 2018 University of Wyoming

The Fisheries Crisis And Its People: An Econometric Sustainable Livelihoods Application For Low-Income Artisanal Fishers In Sierra Leone, Nathan Brock

Honors Theses AY 17/18

The global fisheries crisis is a topic of significant research across fields, including economics. It is evident that the current global fish stocks are declining, which has motivated environmental protection measures to be implemented. Low-income countries and their inhabitants are unevenly harmed by these environmental impacts, as artisanal fishing villages are dependent on fisheries for subsistence and livelihood. This case is particularly true in Sierra Leone, where poverty is evident, artisanal fishing communities exist, and dependence on fisheries is high (Kassam, et al. 2017; Teh, et al. 2016). Policy makers in these countries are faced with the challenge of mitigating ...


Sweden's Great Escape: Industrialization And The Changing Productivity Cost Of Winter, Charlotte Taylor, Jesse Anttila-Hughes 2018 University of San Francisco

Sweden's Great Escape: Industrialization And The Changing Productivity Cost Of Winter, Charlotte Taylor, Jesse Anttila-Hughes

Master's Theses

We combine a paleoclimate reconstruction of the North Atlantic Oscillation (NAO)- a key determinant of Scandinavian winter intensity- with four centuries of historical production data from Sweden, to examine the changing influence of climate variability on production over time. We find the colder, drier winters associated with the negative phase of the NAO led to reduced economic production for much of Swedish history, and that this relationship changed with development: during industrialization, Sweden underwent a transition from ‘level’ effects, where harsh winters lowered average incomes, to ‘growth’ effects, where it reduced growth in improving living standards. Post-industrialization, neither ‘level’ nor ...


'Geaux Guard' And The Shift To The All-Volunteer Force: The Economics Of The Louisiana Army National Guard, 1973-1991, Titus L. Firmin 2018 University of New Orleans

'Geaux Guard' And The Shift To The All-Volunteer Force: The Economics Of The Louisiana Army National Guard, 1973-1991, Titus L. Firmin

University of New Orleans Theses and Dissertations

After the Vietnam War, increased defense funds assigned to the Army National Guard stimulated and supported small communities in Louisiana. Recruits from economically depressed regions lined up to join the Guard because of the competitive pay and the generous education benefits it offered. In the mid-1980s, when a state budgetary shortfall threatened to limit the stream of federal funds and close local armories, communities in Louisiana rallied to keep the doors of their armories open. This paper examines how the readiness efforts of the Louisiana Army National Guard affected the economies of small communities as defense dollars increased following the ...


Boosting Demand For Biofortified Foods: The Case Of Orange Fleshed Sweet Potato Bread In Tamale, Ghana, Tchassanty Ouro-Gbeleou 2018 The University of San Francisco

Boosting Demand For Biofortified Foods: The Case Of Orange Fleshed Sweet Potato Bread In Tamale, Ghana, Tchassanty Ouro-Gbeleou

Master's Theses

Abstract: In the context of introducing biofortification of staple crops as a food-based approach to combat micronutrient malnutrition in Sub Saharan Africa (SSA), we carried out a survey in Tamale, Ghana to elicit consumers’ preference of and willingness to pay for one of the highly nutritious biofortified staple crop processed product: the Orange Fleshed Sweet Potato (OFSP) bread. Our results indicate that scores of respondents in the sample show preference for OFSP bread. The most important determinants of OFSP bread preference are its sweet taste and soft texture and consumers are willing to pay 0.634 pesewas more for the ...


Public Policy And Millennium Development Challenges: Case Study Of Africa, Pathkonn Kombate 2018 The University of San Francisco

Public Policy And Millennium Development Challenges: Case Study Of Africa, Pathkonn Kombate

Master's Theses

Abstract:

Based on a panel of 50 African countries from 1970 to 2015, this study analyzes the impact of public investments and spending in education and health sectors on GDP per capita growth. I separately modeled for education and health capital, while controlling for governance and demonstrated the importance of investments and expenditures on human capital in countries production capacity accumulation, which in the long run leads sustainable economic growth. Results show a positive relationship between spending in those sectors and the per capita income growth and proves their importance on the continents’ combat against poverty.


Do Climate Shocks Affect Smallholder Farmers’ Conservation Practices? Evidence From Peru, Heleene Tambet 2018 The University of San Francisco

Do Climate Shocks Affect Smallholder Farmers’ Conservation Practices? Evidence From Peru, Heleene Tambet

Master's Theses

Peruvian agriculture is estimated to be subject to the greatest impacts of climate change in South America. Resulting shifts in rainfall patterns and extreme temperature realizations impose more frequent abnormal weather shocks on farmers and their production decisions. I study the impact of such shocks on agricultural practice choices of farmers growing two main staples, maize and potato; namely, I analyze adoption of practices reducing soil degradation, practices aimed towards water conservation, and application of inorganic fertilizer. I utilize unique cross-sectional data from Peru National Agricultural Survey over the years 2014 to 2016 in conjunction with long-term climate data, and ...


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