Economic Policy Commons^™

Happiness And Government: The Role Of Public Spending And Public Governance, Lok Sang Ho, Yew Kwang Ng

Centre for Public Policy Studies : CPPS Working Paper Series

We use a quadratic form in the key spending variables to estimate optimal government spending, using World Value Survey data covering 78 countries. We found that the average of total public spending for countries of good public governance, at 36.45% of GDP, is almost identical to the average of estimates of optimal public spending at 36.49%. However, significant over-spending or under-spending is found for individual countries. Optimal spending on both healthcare and that for education increase with population aging. Spending on education is found to reduce optimal healthcare spending. Per capita GDP increases optimal healthcare spending but reduces optimal education …

Geopolitics Of The 2016 Australian Defense White Paper And Its Predecessors, Bert Chapman

Libraries Faculty and Staff Scholarship and Research

Australia released the newest edition of its Defense White Paper, describing Canberra’s current and emerging national security priorities, on February 25, 2016. This continues a tradition of issuing defense white papers since 1976. This work will examine and analyze the contents of this document as well as previous Australian defense white papers, scholarly literature, and political statements assessing their geopolitical significance. It will also examine public input into Australian defense white papers and the emerging role of social media in this public involvement. It concludes by evaluating whether Australia has the political will and economic resources necessary to fulfill its …

The Benefits Of Child Contact While In Prison On Educational Program Participation And Employment Outcomes, Déshané Velasquez

Georgia State Undergraduate Research Conference

No abstract provided.

Inequality, Mobility, And Cities, Alan Berube

Brookings Scholar Lecture Series

Inequality may be the result of global economic forces, but it matters in a local sense. Large population, diverse housing types, and generally progressive politics mean that big cities will always have higher shares of the rich and poor than smaller places. But a city where the rich are very rich, and the poor very poor, is likely to face difficulties educationally, fiscally, and socially. In the face of these economic forces and political gridlock in Washington, many cities are becoming the testing ground for new public policies to fight inequality and promote social mobility: local minimum wages, new affordable …

Boston Children Thrive In 5: Connecting Families, Building Community (Presentation Slides), Donna Haig Friedman, Mary Coonan, Anne Douglass, Alice Carter

Center for Social Policy Publications

Presentation about the Boston Thrive in 5 program.

The Value Of Recreational Fishing In The Irish Marine Waters: A Travel Cost Analysis Using On-Site Count Data Models, Stephen Hynes, Rainey Graeven

Working Papers

This paper’s contribution to the understanding of marine recreational pursuits in Ireland is based on the estimation of the first sea angling demand function. We use this empirical work to inform the more general debate surrounding resource allocation between commercial fisheries and recreational anglers. The study compares the use of Poisson and negative binomial count data models to estimate sea angling trip demand. The models also account for truncation and endogenous stratification; two issues that need to be controlled for when dealing with on-site sampled populations. The models are then used to estimate the mean willingness to pay of the …

Transit-Oriented Development And Weak Real-Estate Markets, Jonathan Cabral

Masters Theses

Mass public transportation has quickly become one of the hot topic issues throughout the country. Connecticut in particular has made significant investments in public transit and hopes to create a modern public transit system over the next two decades.

As part of the investment in public transit, there has also been significant investment in development planning around these newly created transit hubs. The development of the land around these hubs is oftentimes referred to as transit-oriented development (TOD). Rooted in TOD are principles of "new urbanism," an attempt to make places safer, walkable, and esthetically pleasing. In addition, TOD has …

The Impact Of Geopolitical Factors On The Future Economic Integration Of Asean +3, Michael Corrigan

Independent Study Project (ISP) Collection

East and Southeast Asia have benefited greatly from China’s growth and are gaining significantly more economic and political power in comparison to the West. The growing interdependence in this region has led to the continuing economic integration of the ASEAN Plus Three countries. The research paper analyzes the geopolitical factors that impact this integration, such as historical tension, regional security conflicts, social, cultural and economic differences, as well as economic rivalries. In addition, the strategic agendas of the main actors, including the U.S., are analyzed to provide a comprehensive argument concerning the impact these geopolitical factors will have on future …

New York State’S Missing Data, John Yinger

Center for Policy Research

It’s Elementary is a series of essays on topics in education and education policy. The main focus is on education finance in New York State, but general research findings in education and education policy issues in several other states are also discussed. John Yinger, Professor of Economics and Public Administration at the Maxwell School, Syracuse University is the author of most of these essays, although a few are written by or co-authored with other scholars.

Perspectivas Locales Sobre El Litio En El Salar De Uyuni: Niveles De Conocimiento Y Opiniones Regionales Sobre El Proyecto Que Puede Determinar El Futuro Del Litio En El Mundo, Gillian Greenberg

Independent Study Project (ISP) Collection

La combinación del aumento en la urgencia por hacer algo sobre el cambio climático y la popularidad creciente de los vehículos eléctricos sitúan al litio como un material clave en la transición de hidrocarburos en los próximos años. A causa de que la reserva más grande del litio en el mundo está ubicada en el Salar de Uyuni, Bolivia tiene la oportunidad de influir en esta evolución. El proyecto estatal para industrializar el litio en el Salar de Uyuni comenzó en 2008 y continúa trabajando hacia el objetivo de la producción de baterías de litio. Para las comunidades alrededor del …

Leadership And Corruption In Governance: A Case Study Of Liberia, Theresa Okpokwu

Capstone Collection

Writers like Mutasa (2009) and Ebegbulem (2012) argues that Africa is both the poorest continent in the world and one of the richest in terms of natural resources. Consistent with this observation the history of Liberia indicates that corrupt leadership deprives the general population of its fair access to Africa’s rich resources while exacerbating ineffective government bureaucracy and underdevelopment. The bureaucratized central government in turn entrenches corrupt practices which give rise to more serious underdevelopment as well as insurgencies and a possible state failure.

Given this background, this study examines how leadership and corruption in governance affects socioeconomic development. To …

United In Diversity? The Political Implications Of Intra- Eu Migration, Isabel Monteleone

Senior Theses and Projects

Intra-EU migration is a phenomenon innate to the structure of the European Union. A politico-economic union of twenty-eight countries, the EU does what no other alliance of countries has endeavored before, serving as a unique product of globalization and integration, in every sense of the word. Bound almost entirely by a common currency, the European Union is established in the belief that economic cooperation in Europe can be achieved through the principle of free movement, despite each member states’ individual way of life, language, and political, religious, and cultural ideology.

Since intra-EU migration allows for the possibility of EU integration …

Jesus With A Kalashnikov: Examining Marxist Elements In Liberation Theology And Soviet Influence On Its Origins, Todd "Cameron" Swathwood Jr

Senior Honors Theses

Liberation theology emerged as a prominent feature of religion and politics in the 1960s. Since the beginning, detractors have noted the overtly Marxist tendencies within this ideology. This thesis introduces the core concepts and presuppositions of liberation theology itself, and then focuses on specific and varied allegations concerning any influence the Soviet Union may have had on its formation and propagation. Particular weight is lent to the testimony of Lieutenant General Ion Mihai Pacepa, formerly the head of Romanian dictator Nicolae Ceauşescu’s national intelligence service and the highest-ranking defector ever received from the Soviet Bloc. Pacepa has shared his insider …

Global Economic Expansion And The Prevalence Of Militarized Interstate Disputes, Lucas Hahn

Honors Projects in Economics

Over the past several decades the entire world has experienced both the positive and negative effects of globalization. The question that this report will address is whether or not global economic expansion has led to a decline in the prevalence of militarized interstate disputes (MIDs) and what factors influence the prevalence of MIDs. This report will take an in-depth look at Thomas Friedman’s “Golden Arches Theory of Conflict Prevention”. It also includes a quantitative analysis in which regression techniques were used to see how different economic factors influence the prevalence of MIDs, while also introducing a previously unused independent variable …

Factors Influencing The Variation In Gms Prescribing Expenditure In Ireland, Aisling Conway Lenihan, S. Ahern, J. Cronin, N. Woods

Dept. of Management & Enterprise Publications

Background

Pharmaceutical expenditure growth is a familiar feature in many Western health systems and is a real concern for policymakers. A state funded General Medical Services (GMS) scheme in Ireland experienced an increase in prescription expenditure of 414 % between 1998 and 2012. This paper seeks to explore the rationale for this growth by investigating the composition (Anatomical Therapeutic Chemical (ATC) Group level 1 & 5) and drivers of GMS drug expenditure in Ireland in 2012.

Methods

A cross-sectional study was carried out on the Health Service Executive-Primary Care Reimbursement Service (HSE-PCRS) population prescribing database (n = 1,630,775). Three …

A Two-Step Plan For Puerto Rico, Clayton P. Gillette, David A. Skeel Jr.

All Faculty Scholarship

Few still believe that Puerto Rico is capable of meeting all of its financial obligations and continuing to provide basic services. The territory is already in default, and conditions are rapidly deteriorating. Is there a way forward? We think there is. In this short article, we outline a two-part plan for correcting Puerto Rico’s most urgent fiscal and financial problems.

The first step is to create an independent financial control board that has authority over Puerto Rico’s budgets and related issues. Notwithstanding concerns that an externally imposed financial control board (FCB) may interfere with the decision making processes of democratically …

Reconciling The Rhetoric And Reality Of Student Loan Debt, Elizabeth Akers

Brookings Scholar Lecture Series

Student loan debt has increased over the past three decades. This lecture will identify the factors that led to that increase in student loan debt what economic and social factors drove that increase. The talk will also consider the economic effects of increased or decreased earnings generated by individuals with student loan debt. This analysis will present data to assess the validity of several widely-held beliefs about the impact of student loan debt in the United States (e.g., increased student loan debt is depressing the housing market) and apply data-backed evidence to determine ways in which current and proposed policies …

Economic Impacts Of Climate Adaptation Strategies For Southern Monterey Bay, Kelly Leo, Sarah Newkirk, Walter Heady, Brian Cohen, Juliano Calil, Philip King, Fernando Depaolis

Publications

Local governments along Monterey Bay’s shores are undertaking a number of initiatives for which sea level rise adaptation planning is required. Governor Schwarzenegger’s 2008 Executive Order S-13-08 and the 2011 Resolution of the California Ocean Protection Council on sea level rise led to the proliferation of individual agency guidance documents (e.g., CalTrans (2011), BCDC (2011), CCC (2015)) that require emerging best available science (e.g., Pacific Institute Report (Heberger et al. 2009), NRC Report (2012)). These guidance documents stipulate that sea level rise and coastal hazards need to be considered in planning (e.g., Climate Action Compact, Climate Action Plans, Integrated Regional …

Sustainable Development Goals Worth Sharing, Erika Simpson

Political Science Publications

The international community has agreed upon another set of goals for the next 15 years. On the table are no less than 169 objectives and 17 Sustainable Development Goals (SDGs). The new aspirations are summarized and the merits and demerits of further elaboration and measurement including country-specific deadlines and targets are discussed. The hefty budget to achieve all 17 goals is estimated at more than $4 trillion US a year. North American policy-makers need to be aware of humankind’s shared aspirations as they consider the new and expensive SDGs. Foreign aid is one of the instruments of North American foreign …

Asymptotic Power Of The Sphericity Test Under Weak And Strong Factors In A Fixed Effects Panel Data Model, Badi H. Baltagi, Chihwa Kao, Fa Wang

Center for Policy Research

This paper studies the asymptotic power for the sphericity test in a fixed effect panel data model proposed by Baltagi, Feng and Kao (2011), (JBFK). This is done under the alternative hypotheses of weak and strong factors. By weak factors, we mean that the Euclidean norm of the vector of the factor loadings is O(1). By strong factors, we mean that the Euclidean norm of the vector of factor loadings is O(pn), where n is the number of individuals in the panel. To derive the limiting distribution of JBFK under the alternative, we first derive the limiting distribution of its …