Digital Commons Network^™

Data Profiles-Rhode Island-Woonsocket, John C. Brown, Richard A. Ramsawak, James R. Gomes

Mosakowski Institute for Public Enterprise

We continue support the Federal Bank of Boston “Working Cities” challenge which aims to support social and economic recovery of underperforming small and mid-sized cities in the New England region. We continue to extend our data profiles of these cities located in Massachusetts, Rhode Island and now Connecticut. It is our hope that these data ‘rich” profiles which includes key indicators on health, population and demographic changes, industrial growth, and educational performance can not only support policy development in these targeted areas, but also help in monitoring the progress these cities make over time.

Homogeneity Pursuit In Panel Data Models: Theory And Applications, Peter C.B. Phillips, Liangjun Su, Wuyi Wang

Cowles Foundation Discussion Papers

This paper studies estimation of a panel data model with latent structures where individuals can be classified into different groups where slope parameters are homogeneous within the same group but heterogeneous across groups. To identify the unknown group structure of vector parameters, we design an algorithm called Panel-CARDS which is a systematic extension of the CARDS procedure proposed by Ke, Fan, and Wu (2015) in a cross section framework. The extension addresses the problem of comparing vector coefficients in a panel model for homogeneity and introduces a new concept of controlled classification of multidimensional quantities called the segmentation net. We …

Examining International Stock Market Integration: Effects On Portfolio Statistical Moments, Changes To Systematic Risk Significance, And Investor Purchasing Of Foreign Equities, Justin Kingsley Hanig

Dissertations

The internet provides individuals with the ability to find instantaneous information on nearly every corner of the earth. Increasing correlations of international stock markets suggests investors may use information from different parts of the world to assess the value of the assets they hold in their portfolios. This dissertation examines changes in international stock market behavior to identify the effects of international market integration across a time. More specifically, this dissertation studies the effects of integration on the ability of diversification to reduce risk and skewness of portfolios, how global-wide risks significantly impact country-level index returns, and the equity purchasing …

Three Essays Assessing Global Value Chain Fragmentation On International Trade Using The World Input-Output Database, Johanna Retana Attoh

Dissertations

The growing fragmentation of supply chains across countries have changed the way nations engage in international trade. Conventionally, studies have used data on exports to measure trade flows; however, the use of this type of data imposes many assumptions that might misrepresent the real world. For instance, the assumption that the supply chain of a product is confined in only the domestic country does not take into consideration the increasing number of foreign inputs needed to produce a final good. In this dissertation, I use the World Input-Output Database (WIOD), since this dataset allows one to track and decompose the …

Impact Of Health Insurance For The Poor On Labor Market Out Comes: Evidence From Indonesia., Youssef Fassi Fehri

USF Tampa Graduate Theses and Dissertations

I examine the impact of a health insurance program for the poor implemented in Indonesia in 2005 on labor supply and informal work measured by employment status outside of the private and public formal sector. As a first step to its ambitious plan for universal coverage, this program extended subsidized health insurance coverage to a large proportion of Indonesia’s poor and near-poor population. Using a rich longitudinal survey, I estimate the average treatment effect on the treated using a combined propensity score matching method with difference in differences. The richness of the data allows me to control for a set …

Significance And Impacts Of The Tripartite Free Trade Area – A Qualitative Assessment, Sambath Jayapregasham

Undergraduate Economic Review

The Tripartite Free Trade Area (TFTA) has been driven by a need for improved growth in African countries following their respective independence. Since then, member nations have been seeking new initiatives to increase trade and to work cooperatively. The idea of regional integration in this ‘Cape-to-Cairo’ free trade zone is set to cover just under two-thirds of Africa's population and improve the flow of goods and investment significantly. This paper explores the significance and impacts of the single FTA on various aspects of economic growth, including welfare, trade, price effects, custom tariffs, government revenues, and the labor market.

Climate Change Adaptation Case Study: Benefit-Cost Analysis Of Coastal Flooding Hazard Mitigation, Will Cooper, Federico Garcia, Diana Pape, David Ryder, Ben Witherell

Journal of Ocean and Coastal Economics

The damage Hurricane Sandy caused had far-reaching repercussions up and down the East Coast of the United States. Vast coastal flooding accompanied the storm, inundating homes, businesses, and utility and emergency facilities. Since the storm, projects to mitigate similar future floods have been scrutinized. Such projects not only need to keep out floodwaters but also be designed to withstand the effect that climate change might have on rising sea levels and increased flood risk.

In this study, we develop an economic model to assess the costs and benefits of a berm (sea wall) to mitigate the effects of flooding from …

The Economics Of Climate Adaptation On America’S Coasts: A Washington Conversation, Dr. Charles Colgan

Journal of Ocean and Coastal Economics

Report of a colloquium on the economics of coastal climate change adaptation held in Washington D.C. on April 16, 2015. The event was sponsored by The Center for Blue Economy of the Middlebury Institute of International Studies at Monterey and the Urban Coast Institute of Monmouth University. Participants included Michael Conathan, Center for American Progress; Frank Nutter, Reinsurance Association of America; Dr. Robert Kopp, Rutgers University; Josh Sawislak, Council on Environmental Quality; Tony MacDonald, Urban Coast Institute; Jason Scorse and Charles Colgan, Center for the Blue Economy

The Economics Of Adaptation To Climate Change In Coasts And Oceans: Literature Review, Policy Implications And Research Agenda, Charles S. Colgan

Journal of Ocean and Coastal Economics

Sea level rise and other effects of climate change on oceans and coasts around the world are major reasons to halt the emissions of greenhouse gases to the maximum extent. But historical emissions and sea level rise have already begun so steps to adapt to a world where shorelines, coastal populations, and economies could be dramatically altered are now essential. This presents significant economic challenges in four areas. (1) Large expenditures for adaptation steps may be required but the extent of sea level rise and thus the expenditures are unknowable at this point. Traditional methods for comparing benefits and costs …

Salivary Microbiomes Of Indigenous Tsimane Mothers And Infants Are Distinct Despite Frequent Premastication, Cliff S. Han, Melanie Ann Martin, Armand E.K. Dichosa, Ashlynn R. Daughton, Seth Frietze, Hillard Kaplan, Michael D. Gurven, Joe Alcock

ESI Publications

Background. Premastication, the transfer of pre-chewed food, is a common infant and young child feeding practice among the Tsimane, forager-horticulturalists living in the Bolivian Amazon. Research conducted primarily with Western populations has shown that infants harbor distinct oral microbiota from their mothers. Premastication, which is less common in these populations, may influence the colonization and maturation of infant oral microbiota, including via transmission of oral pathogens. We collected premasticated food and saliva samples from Tsimane mothers and infants (9-24 months of age) to test for evidence of bacterial transmission in premasticated foods and overlap in maternal and infant salivary …

Product Variety, Across-Market Demand Heterogeneity, And The Value Of Online Retail, Thomas W. Quan, Kevin R. Williams

Cowles Foundation Discussion Papers

Online retail gives consumers access to an astonishing variety of products. However, the additional value created by this variety depends on the extent to which local retailers already satisfy local demand. To quantify the gains and account for local demand, we use detailed data from an online retailer and propose methodology to address a common issue in such data - sparsity of local sales due to sampling and a significant number of local zeros. Our estimates indicate products face substantial demand heterogeneity across markets; as a result, we find gains from online variety that are 30% lower than previous studies.

Product Variety, Across-Market Demand Heterogeneity, And The Value Of Online Retail, Thomas W. Quan, Kevin R. Williams

Cowles Foundation Discussion Papers

Online retail gives consumers access to an astonishing variety of products. However, the additional value created by this variety depends on the extent to which local retailers already satisfy local demand. To quantify the gains and account for local demand, we use detailed data from an online retailer and propose methodology to address a common issue in such data-sparsity of local sales due to sampling and a significant number of local zeros. Our estimates indicate products face substantial demand heterogeneity across markets; as a result, we find gains from online variety that are 45% lower than previous studies.

Product Variety, Across-Market Demand Heterogeneity, And The Value Of Online Retail, Thomas W. Quan, Kevin R. Williams

Cowles Foundation Discussion Papers

Online retail gives consumers access to an astonishing variety of products. However, the additional value created by this variety depends on the extent to which local retailers already satisfy local demand. To quantify the gains and account for local demand, we use detailed data from an online retailer and propose methodology to address a common issue in such data - sparsity of local sales due to sampling and a significant number of local zeros. Our estimates indicate products face substantial demand heterogeneity across markets; as a result, we find gains from online variety that are 30% lower than previous studies.

The Health Care Expenditure And Income: A Global Perspective, Badi H. Baltagi, Raffaele Lagravinese, Francesco Moscone, Elisa Tosetti

Center for Policy Research

This paper investigates the long-run economic relationship between health care expenditure and income in the world using data on 167 countries over the period 1995-2012, collected from the World Bank data set. The analysis is carried using panel data methods that allow one to account for unobserved heterogeneity, temporal persistence, and cross-section dependence in the form of either a common factor model or a spatial process. We estimate a global measure of income elasticity using all countries in the sample, and for sub-groups of countries, depending on their geo-political area and income. Our findings suggest that at the global level, …

Pegxit Pressure: Evidence From The Classical Gold Standard, Kris James Mitchener, Gonçalo Pina

Economics

We develop a simple model that highlights the costs and benefits of fixed exchange rates as they relate to trade, and show that negative export-price shocks reduce fiscal revenue and increase the likelihood of an expected currency devaluation. Using a new high-frequency data set on commodity-price movements from the classical gold standard era, we then show that the model’s main prediction holds even for the canonical example of hard pegs. We identify a negative causal relationship between export-price shocks and currency-risk premia in emerging market economies, indicating that negative export-price shocks increased the probability that countries abandoned their pegs.

Homogeneity Pursuit In Panel Data Models: Theory And Applications, Wuyi Wang, Peter C. B. Phillips, Liangjun Su

Research Collection School Of Economics

This paper studies estimation of a panel data model with latent structures where individuals can be classified into different groups where slope parameters are homogeneous within the same group but heterogeneous across groups. To identify the unknown group structure of vector parameters, we design an algorithm called Panel-CARDS which is a systematic extension of the CARDS procedure proposed by Ke, Fan, and Wu (2015) in a cross section framework. The extension addresses the problem of comparing vector coefficients in a panel model for homogeneity and introduces a new concept of controlled classification of multidimensional quantities called the segmentation net. We …

Product Variety, Across-Market Demand Heterogeneity, And The Value Of Online Retail, Thomas W. Quan, Kevin R. Williams

Cowles Foundation Discussion Papers

Online retail gives consumers access to an astonishing variety of products. However, the additional value created by this variety depends on the extent to which local retailers already satisfy local demand. To quantify the gains and account for local demand, we use detailed data from an online retailer and propose methodology to address a common issue in such data-sparsity of local sales due to sampling and a significant number of local zeros. Our estimates indicate products face substantial demand heterogeneity across markets; as a result, we find gains from online variety that are 45% lower than previous studies.

Breaking Bad In Bourbon Country: Does Alcohol Prohibition Encourage Methamphetamine Production?, Jose Fernandez, Stephan Gohmann, Joshua C. Pinkston

Faculty and Staff Scholarship

This paper examines the influence of local alcohol prohibition on the prevalence of methamphetamine labs. Using multiple sources of data for counties in Kentucky, we compare various measures of meth manufacturing in wet, moist, and dry counties. Our preferred estimates address the endogeneity of local alcohol policies by exploiting differences in counties’ religious compositions between the 1930s, when most local-option votes took place, and recent years. Even controlling for current religious affiliations, religious composition following the end of national Prohibition strongly predicts current alcohol restrictions. We carefully examine the validity of our identifying assumptions, and consider identification under alternative assumptions. …

When Your Teachers Fail You: The Necessity Of Improving Teachers Training For Quality Education In Cameroon, Monique Kwachou

Young African Leaders Journal of Development

With the underlying hypothesis that the quality of a teachers’ training is directly proportional to the quality of education pupils eventually receive, this essay explores and critiques the basic education teacher training process in Cameroon, using two notable educational theories to assess the possibility of quality education resulting from Cameroonian government-trained basic education teachers. It was found that there is dire need to improve the quality of teachers we train to ensure that they can deliver the quality of education we seek. A brief outline of suggestions is made towards improving the flawed training system.

Do Recessions Accelerate Routine-Biased Technological Change? Evidence From Vacancy Postings, Brad J. Hershbein, Lisa B. Kahn

Upjohn Institute Working Papers

We show that skill requirements in job vacancy postings differentially increased in MSAs that were hit hard by the Great Recession, relative to less hard-hit areas, and that these differences across MSAs persist through the end of 2015. The increases are prevalent within occupations, more pronounced in the non-traded sector, driven by both within-firm upskilling and substitution from older to newer firms, accompanied by increases in capital stock, and are evident in realized employment. We argue that this evidence reflects the restructuring of production toward more skilled workers and routine-labor saving technologies, and that the Great Recession accelerated this process.

Social Innovation And Social Enterprise: Integrating Mental Health Interventions, Jacob Waisawa Buganga, Dembe Annet

Young African Leaders Journal of Development

An estimated 450 million people suffer from a mental or behavioural disorder. According to WHO’s Global Burden of Disease 2001, 3% of the years lived with disability (YLD) are due to neuropsychiatric disorders, a further 2.1% to intentional injuries (WHO, 2013). Only 1% of the medical doctors and 4% of the nurses were specialized in psychiatry. The last revision of the mental health legislation was in 1964. The legislation basically focused on the custodial care of the mentally ill persons and is an antiquated kind of law that has been overtaken by events. One percent (1%) of health care expenditures …

The Integrity Of Women In Re-Making A Nation: The Case Of Guinea-Bissau, Brandon Lundy, Raul Mendes Fernandes Jr., Kezia Lartley

Journal of Global Initiatives: Policy, Pedagogy, Perspective

This article both acknowledges and celebrates the role of women in re-making the nation of Guinea-Bissau. A gendered perspective and historical and multi-scalar framing demonstrates that women have played integral roles in nation-building over time and space in Guinea-Bissau. How have the women of Guinea-Bissau fashioned their agency? Where are the new forms of agency for women in Guinea-Bissau? An examination of nation-building shows the foundational roles of women, unique aspects of innovative economic enterprise before, during, and after the colonial period, and contemporary political efforts by women toward the production of a successful and inclusive country. Gender has opened …

Nurturing Non-Market Spaces In The Digital Environment, Roderick Graham

Sociology & Criminal Justice Faculty Publications

Information and communication technologies (ICTs) produce public goods for societies. Through ICTs people can be more politically active, construct their social identities, strengthen bonds with significant others, and more. However, businesses provide access to the Internet, produce and sell hardware and software, while maintaining platforms that are used for the generation of these public goods. There is a contradiction inherent in this dynamic as the continued provision of these public goods is contingent upon private entities deeming them profitable. Within the United States, federal policies have not adequately addressed this contradiction. In this paper, I argue that a change in …

Improvement Of Collection And Distribution System Of Shanghai, Zhilin Cui

World Maritime University Dissertations

No abstract provided.

A Targeted Approach? A Study Of Ngo Roles And Practices In Promoting Economic Development, Emma Shoaf

Mahurin Honors College Capstone Experience/Thesis Projects

In recent years, Non-Governmental Organizations (NGOs) have become key actors promoting economic development. Despite their rapid rise, there are still significant gaps in the development sphere regarding what NGOs do in specific contexts. This research evaluates how NGOs promote economic development among Palestinian refugees in Lebanon to give context to general trends within development literature. Through an in-depth case study of the NGO Cives Mundi and their recent development project Tatreez–focused on promoting economic empowerment among Palestinian refugee women through the formation of a weaving co-op–this study seeks to evaluate key advantages and disadvantages to NGO work in specific …

The Economic Value Of Forest Park Ecosystem Services: Results Of Five Focus Groups Conducted In Spring 2016, Randall A. Bluffstone, Pablo Barreyro, Jenny Dempsey Stein, Cody Kent, Antonia Machado

Economics Faculty Publications and Presentations

Objective: This initial phase of research lays the foundation for a survey using contingent valuation (CV) and choice experiment (CE) methods. We asked select Portland residents what they care about most in Forest Park, their willingness to pay (WTP) for improving ecosystem services and how they generally think about the value of those goods and services. These results will help us narrow the experimental design of the forthcoming CV/CE study.

Approach: We conducted a focus group in each of Portland’s 5 “quadrants.” We chose each location - Skyline, St. John’s, Cully, Foster-Powell and Hillsdale - based on either its proximity …

Residential Electricity Demand In El Paso: 1977-2014, Thomas M. Fullerton Jr., David R. Macias, Adam G. Walke

Border Region Modeling Project

This study analyzes the demand for residential electricity in El Paso, Texas, USA. Annual data are provided by El Paso Electric Company covering the period from 1977 to 2014. This study reports a negative long-run income elasticity for residential electricity demand. Per customer residential electricity usage declines by 0.68 percent for every 1-percent increase in real per capita income over the long run, indicating that electricity is treated as an inferior good by households in this metropolitan economy. That result runs counter to many earlier studies, but corroborates recent empirical evidence for Seattle, Washington and other regions of the United …

Losing Values: Illiquidity, Personhood, And The Return Of Authoritarianism In Skopje, Macedonia, Fabio Mattioli

Dissertations, Theses, and Capstone Projects

On May 17, 2015, over 50,000 people took to the streets of Skopje, the capital of the Republic of Macedonia, protesting against Prime Minister Gruevski and his party, the conservative neoliberal Internal Revolutionary Organization of Macedonia (VMRO). After nine years of authoritarian government, it was the first significant demonstration in which the population demanded accountability for Gruevski's despotic system of rule. This dissertation is the story of how Gruevski's system of power was built and why it lasted for so long. I argue that a series of failing financial processes, which included the use of illiquidity, created the material and …

Is Capital Expenditure Contagious? An Analysis Of Ucc Data From Ohio And Its Neighbors, Peter Vanderhart, Zheng Zeng

The Journal of Economics and Politics

ECONOMIC CONDITIONS ARE OFTEN OBSERVED TO BE CORRELATED ACROSS SPACE AND TIME. ONE INTERPRETATION OF THIS PHENOMENON IS THAT ECONOMIC ACTIVITY IS “CONTAGIOUS.” THAT IS, GOOD OR BAD CONDITIONS IN ONE ECONOMIC AREA MAY LATER CAUSE SIMILAR CONDITIONS TO OCCUR IN NEARBY AREAS. THE PREVALENCE AND EXTENT OF THESE RELATIONSHIPS IS IMPORTANT TO UNDERSTAND FOR THOSE SEEKING TO FOSTER REGIONAL ECONOMIC DEVELOPMENT.

WE FOCUS ON CAPITAL EQUIPMENT SPENDING AT THE STATE LEVEL AT A MONTHLY FREQUENCY. THIS IS POSSIBLE GIVEN OUR ACCESS TO A UNIQUE DATA SET, THE RANDALL-REILLEY CAPITAL INVESTMENT INDEX (RRCII). THIS INDEX MEASURES CAPITAL EXPENDITURE USING UNIFORM …

Measurement Of The Ocean Economy From National Income Accounts To The Sustainable Blue Economy, Charles S. Colgan

Journal of Ocean and Coastal Economics

The widespread efforts to incorporate the economic values of oceans into national income accounts have reached a stage where coordination of national efforts is desirable. A symposium held in 2015 began this process by bringing together representatives from ten countries. The symposium concluded that a definition of core ocean industries was possible but beyond that core the definition of ocean industries is in flux. Better coordination of ocean income accounts will require addressing issues of aggregation, geography, partial ocean industries, confidential, and imputation is also needed. Beyond the standard national income accounts, a need to incorporate environmental resource and ecosystem …