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The First Struggles Of The Capitalistic Peace And Its Detractors: An Analysis Of Greek Trade And Its Effects On Foreign Policy In The Athenian State, Joshua Blume

Undergraduate Honors Capstone Projects

Although, a ubiquitous number of articles has arisen recently debating the validity of the so-called "Capitalist Peace," there has been little exploration of the theory from an ancient historical perspective, primarily due to the lack of trade data between countries or city-states. As the primordial birthplace of trade and democracy, there is perhaps no better example than ancient Greece to shed insight into the possible validity of the capitalist peace theory. Utilizing new research involving trade in ancient Greece, this paper seeks to explore the relative validity of the "Capitalist Peace" in ancient Greece by conducting a qualitative analysis of …

Youth Bulges, Poor Institutional Quality And Missing Migration Opportunities - Triggers Of And Potential Counter-Measures For Terrorism In Mena, Rahel Schomaker

Topics in Middle Eastern and North African Economies

During the last few decades, a convolute of economic literature has emerged which focuses on the effects of demography, in particular the existence of so-called “youth bulges”, on economic growth and performance (for an overview see e.g. Bloom et al. 2001). The approach in our paper extends previous research to include potentially negative growth effects of a large share of young people in the Middle East and North Africa (MENA) not only via the “channel” of unemployment, but also through their potential as a “trigger” for political unrest and domestic terrorism, which have been identified in economic literature as important …

Valuation Of Timberland Under Price Uncertainty, Wallace Campbell

All Dissertations

In the first essay, a critical examination of three commonly used stochastic price processes is presented. Each process is described and rejected as a possible model of lumber futures prices. A mean reverting generalized autoregressive conditional heteroskedasticity (GARCH) model, developed by Bollerslev (1986), is proposed as a stochastic process for lumber futures prices. The essay provides the steps that should be taken to ensure that a proper price process is used in each application.
In the second essay, a flexible harvesting strategy known as the reservation price strategy is presented. When the current price is below the reservation price, the …

Fair Trade An Analysis Of The Effects On Poverty Alleviation And Empowerment For Women In Developing Countries, Maribel Concepcion Lora

Graduate Program in International Studies Theses & Dissertations

This thesis approaches the economic development model of Fair Trade with a critical analysis on determining its success in alleviating poverty and empowering women of the developing world. Because international labor regulations are not consistently enforced in all producer countries, the Fair Trade model has established labor standards that ensure above all, a fair wage and safe working conditions for producers participating in the international market. As a recent strategy of economic development, Fair Trade has made great strides to empower poor producers in impoverished countries; however there has been limited analysis focused on its impact for improving the quality …

The Geographic Distribution Of The Mortgage Interest Deduction, Andrew R. Hanson, Ike Brannon, Zackary Hawley

Economics Faculty Research and Publications

The mortgage interest deduction is one of the largest tax expenditures in the U.S. tax code but the rate at which it is claimed and the average amount deducted vary widely across and within states.

With changes to tax expenditures under consideration, data showing the current distribution of the mortgage interest deduction are key to understanding how federal tax decisions would affect the states.

Cohesion Policy Of The European Union: Facilitated By Supranational Institutions And Regional Autonomy Or Hindered By National Sovereignty?, Caitlin Daw

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.

The Picky Eater Premium?: The Effect Of Product Portfolio Size On The Price Consumers Pay For Fresh Produce, Wayne Sandholtz, Dr. Joseph Price

Journal of Undergraduate Research

The purpose of this project was to examine whether consumers who buy a wider variety of distinct fresh fruits and vegetables pay lower average prices for fresh fruits and vegetables, by substituting away from fruits and vegetables during price shocks. In order to answer this question, I used Nielsen Homescan data, which records all grocery purchases of a nationally representative sample of households. Using regression analysis, I found little direct evidence that households which buy a wider variety of fresh fruits and vegetables pay lower prices for them. In fact, I was surprised to find that in general, higher-variety household …

Gender And The Hindsight Bias: An Economic Experiment, Jacqueline Andros, Dr. Joseph Price

Journal of Undergraduate Research

Hindsight bias, or the psychological tendency to think that we “knew it all along,” has been studied for over fifty years but no study has yet thoroughly documented the specific role that gender plays in an individual’s susceptibility to this effect. This is somewhat surprising, since the existing literature on gender differences in other potentially related respects, such as competitiveness and overconfidence, is extensive. I conducted a questionnaire-based behavioral experiment to test two hypotheses: first, that male subjects are more prone to hindsight bias than female subjects; and second, that male subjects are better at correcting for their personal level …

Returns To Schooling: A Quantile Regression, Arman Oganisian

Annual Celebration of Student Scholarship and Creativity

This paper contributes to the large body of economic literature that attempts to estimate the returns to schooling. It uses quantile regression to estimate the effect of an additional year of education on monthly wage for earners in different quantiles. Using data from the young men’s cohort of the National Longitudinal Survey, the paper attempts to control for ability, family background, geography, and race, and finds that the returns to schooling is approximately 3.49% for men. Furthermore, the paper finds that while the effect of education on earnings is not significantly different from quantile to quantile, the significance of education …

Natural Resources A Curse Or A Blessing: Evidence From Williston, Nd, Alissa Melberg

Undergraduate Research Symposium 2013

The aim of this study was to test the implications of natural resource abundance for regional economic development for Williston, ND. Williston emerged as a natural choice for this study due to the recent crude oil production boom experienced by it post 2007. The implications of natural resource abundance on regional development are rather mixed in literature. While one strand of literature believes that natural resource industries often create forward linkages which supplement regional development, the other strand believes that it impedes regional development by diverting local resources. The prime objective of this study is to test these two strands …

Allowing For Low-Cost Labor In Underdeveloped And Developing Countries As A Method For Initiating Economic Industrialization, Jordon A. Wolfram

Selected Honors Theses

The topic presented here closely examines the link between low-cost labor and the affect that it has on initiating industrialization in underdeveloped and developed countries. It can ultimately create a better standard of living for a country’s general population in the future, but the initial conditions for the laborers can be harsh. The low wage labor force achieves this goal by creating a competitive labor market which has the ability to stimulate economic growth. Once the initial steps of creating manufacturing and industry are achieved, then the general standard of living has robust potential to increase in the country as …

Economic Autonomy Of The Miskitu Women Of The North Atlantic Autonomous Region, Nicaragua: Do Current Development Polices Apply To Matrifocal Societies?, Ariana M. Toth

Masters Theses

This thesis provides an ethnographic investigation into the economic autonomy of Miskitu women in the North Atlantic Autonomous Region of Nicaragua. The purpose of this study is to determine whether dominant development models created by patriarchal Western powers are suited to alleviating gendered poverty disparity among the matrifocal Miskitu Indians. Surveys of Miskitu women obtained during field research, with support from relevant literature, comprise the main source of information considered. It is concluded that while dominant development models are not best suited to alleviating gendered poverty in this region, it is the overarching indigenous nature of Miskitu culture and not …

Demographic Changes And Economic Growth: Empirical Evidence From Asia, Sijia Song

Honors Projects

Asia has witnessed robust economic growth since the 1960s and the so-called “East Asian economic miracle”. Even till today when the world’s largest economies are suffering from debt and banking crises, emerging markets in Asia have managed to maintain rapid growth. In the meantime, significant demographic changes are taking place in Asian countries. Using an economic growth model, this article further examines the effects of demographic changes on economic growth in thirteen Asian countries during the period from 1965 to 2009. The results indicate negative effects of growth in the total population and the young population on economic growth while …

Impact Of Food Inflation On Poverty In The Philippines, Tomoki Fujii

Research Collection School Of Economics

We simulate the impact of food inflation between June 2006 and June 2008 on poverty across different areas and between agricultural and non-agricultural households. We explicitly treat the spatial heterogeneity in food inflation and the differences in consumption and production patterns across households by merging household expenditure survey and price datasets at the provincial level or lower. Although some of the poor agricultural households may have escaped poverty, the poorest of the poor, whether they are in an agricultural household or not, are severely and adversely affected by the food inflation.

Global Futures And Government Towns: Phosphates And The Production Of Western Sahara As A Space Of Contention, Mark Drury

Publications and Research

The study of natural resources lends itself to theorizing the politics of nature and the politics of time. The space of Western Sahara, where both remain highly contested, provides an opportunity to consider the ramifications of resources in political conflict at different historical moments. Drawing from environmental histories of North Africa and the Sahara, as well as the anthropology of time, the author focuses on two historical moments. The first, from 1945 to 1972, concerns the discovery of phosphate deposits during the Spanish colonial period and the implications of this discovery for political authority in the Sahara more broadly. The …

Dharma And The Free Market: Reconciling Buddhist Compassion With A Market Economy In Post-Socialist Mongolia, Yazmeen Mendez Nuñez

Independent Study Project (ISP) Collection

In this inductive ethnographic study, I explore the unique social and theological pressures placed on Mongolian Buddhists after the wake of free market transition in Mongolia. It utilizes the Buddhist virtue of compassion as a lens by which the study might examine how Mongolians balance their spirituality and commitment to Buddhist ethics with new roles as rational agents in an emergent free market. In this study I draw on narratives from thirteen subjects as well as extensive participant observation to examine the ways that Mongolian market reform has guided social paradigms of ethic that present ethical contradictions with Buddhist dharma, …

Adding Injustice To Injury - Health Perceptions, Plurality, And Power In The Ongoing Bhopal Disaster, Ruth Markwardt

Independent Study Project (ISP) Collection

Standards of health, human rights, and development are typically defined and dictated by policymakers instead of the populations directly affected by so-called development efforts. This paper seeks to contextualize global development efforts by highlighting specific local realities among the community of Bhopal Disaster survivors in Madhya Pradesh, India. As the site of the world’s largest industrial disaster, a disaster which is not over but ongoing, Bhopal represents an important population to highlight as the disaster continues. The Political Ecology of Health model was used to highlight political and environmental influences on community health. Within Political Ecology, this study takes a …

Recuperando El Cuarto Punto De La Chacana: La Universidad Aymara “Tupak Katari” Y La Descolonización De Desarrollo, Rebecca Kane

Independent Study Project (ISP) Collection

Historically, development has been a top-down process in which knowledge and power has been concentrated in international and urban areas, far from the reality of the affected communities. In recent years the Plurinational State of Bolivia has tried to "decolonize" the practice of development within the country to reflect the diverse realities of peoples within their borders. One of the measures the state has taken to implement this vision of development has been the establishment of three indigenous universities to serve rural communities that have been excluded from the generation of knowledge and development practice. The Indigenous higher education system …

An Evaluation Of Environmental Education Programs On Pemba Island, Lindsay Kingston

Independent Study Project (ISP) Collection

Pemba Island, a member of the Zanzibar archipelago, is intimately connected and highly dependent on their natural resources, which are rapidly deteriorating. How to sustain their agrarian-based economy whilst also conserving the environment is the current challenge facing this island. Key to overcoming this dilemma is the development of knowledgeable and effective environmental organizations, such as environmental clubs and NGOs. A small-scale assessment of the environmental education (EE) and associated clubs was established primarily through a student survey, on-site visits, and interviews. It focuses primarily on evaluating three schools and their associated clubs, but also provides information on the Island’s …

Motivations To Migrate: Migration From Morocco And The “Failure” Of Rural Development During The Eurozone Financial Crisis, Alexander Djaha

Independent Study Project (ISP) Collection

EU’s closing borders are impeding a fifty-year pattern of Moroccan migration to southern Europe to find work, prosper and provide for their families back home. Moroccan NGOs, as well as the Spanish and Italian governments, have recently invested in rural development initiatives aimed at increasing employment opportunities in Morocco and deterring workers from migrating. Yet Moroccans keep risking their lives and continue to migrate illegally every day as these initiatives are proving to be ineffective. This study examines the current conditions for Moroccan migrant workers amidst tightening European Union borders and a narrowing European frontier for employment. The Eurozone financial …

Renowned Economist Discusses Disparity Of Wealth, Kim Hill

News and Events (Discontinued Series)

No abstract provided.

An Empirical Assessment Of The Performance And Competitive Effects Of Los Angeles County Charter Schools, Sam Trachtman

Undergraduate Economic Review

This paper evaluates the performance of charter elementary schools in Los Angeles County in three ways. First, I compare charter school performance to public school performance, controlling for a number of key characteristics. Second, I study the characteristics that appear to influence charter school success as compared to public school success. Third, I study the “competitive effect” of charter schools, examining how geographical proximity to charter schools affects the performance of traditional public schools. I find evidence that, ceteris paribus, traditional public schools score higher than charter schools, except in majority African American schools. Further, I find that the opening …

Inaugural Robert S. Eckley Lecture In Economics, Sherry Wallace

News and Events (Discontinued Series)

No abstract provided.

Optimal City Hierarchy: A Dynamic Programming Approach To Central Place Theory, Wen-Tai Hsu, Thomas J. Holmes, Frank Morgan

Research Collection School Of Economics

Central place theory is a key building block of economic geography and an empirically plausible description of city systems. This paper provides a rationale for central place theory via a dynamic programming formulation of the social planner's problem of city hierarchy. We show that there must be one and only one immediate smaller city between two neighboring larger-sized cities in any optimal solution. If the fixed cost of setting up a city is a power function, then the immediate smaller city will be located in the middle, confirming the locational pattern suggested by Christaller [4] . We also show that …

Renewable Resource Extraction: Experimental Analysis Of Resource Management Policies Under Assumptions Of Resource Migration, Kevin B. Lugo

Gettysburg Economic Review

This paper presents research using a spatially explicit and dynamic common pool resource experiment to compare renewable resource extraction behavior between four treatments combining (1) open access and sole ownership institutions with (2) mobility and non-mobility of the renewable resource. The primary purpose of this research is to test the theory that introducing resource mobility into a sole ownership regime will remove the incentive for subjects to maximize the resource, instead causing them to revert to the myopic strategy predicted for the open access regime. I also test the hypothesis that open access firms are indifferent to resource dispersal. The …

The Role Of Policy Fundamentals In Fostering Economic Growth In Developing Countries, Minh Dao

Faculty Research and Creative Activity

This paper examines the role of policy fundamentals in fostering economic growth in developing countries. Based on data from the World Bank for the 2000-2011 period and a sample of sixty-two developing economies we find that the growth rate of per capita GDP is dependent on a country’s investments in human capital as measured by the share of the public sector in total health expenditure and by the relative size of public education in the government’s budget, on an enabling business environment as measured by two Doing Business indicators, namely the cost of starting a business as a percent of …

Urbanization Forecasts, Effects On Land Use, Biodiversity, And Ecosystem Services, Burak Güneralp, Robert I. Mcdonald, Michail Fragkias, Julie Goodness, Peter J. Marcotullio, Karen C. Seto

Economics Faculty Publications and Presentations

Several studies in recent years have forecasted global urban expansion and examined its potential impacts on biodiversity and ecosystem services. The amount of urban land near protected areas (PAs) is expected to increase, on average, by more than three times between 2000 and 2030 (from 450,000 km² circa 2000) around the world. During the same time period, the urban land in biodiversity hotspots, areas with high concentrations of endemic species, will increase by about four times on average. China will likely become the nation with the most urban land within 50 km of its PAs by 2030. The largest …

Keeping The Doctor Away: Experimental Evidence On Investment In Preventative Health Products, Jennifer Meredith, Jonathan Robinson, Sarah Walker, Bruce Wydick

Economics Faculty Publications

Household investment in preventative health products in developing countries is typically low even though the returns to such products are high. In this paper, we experimentally estimate demand curves for health products and test whether (1) information about health risk, (2) cash liquidity, (3) peer effects, and (4) intra-household differences in preferences affect demand. In our main experiment in Kenya involving children’s shoes - critical for preventing hookworm infection - price is by far the most important predictor of purchase. Providing liquidity and targeting women also increased demand. Information had no effect even though we find that genuine learning occurred. …

Targeting The ‘Invisible’: Improving Entrepreneurship Opportunities For Informal Sector Women, Tonia Warnecke

Faculty Publications

In the wake of global economic downturn, policymakers in many developing countries are turning their gaze upon two things: private sector-led strategies for economic growth and women’s potential to contribute to this growth. As a consequence, female entrepreneurship has been an area of particular interest to policymakers, businesses, and non-governmental organizations, and many female-targeted policies and programs have been implemented, ranging from microfinance and subsidized loans to training and incubator programs. However, the focus on entrepreneurship as a development strategy conceptualizes entrepreneurship in a particular way—as opportunity entrepreneurship. Opportunity entrepreneurs can identify available opportunities and exploit them; they are often …

Pitfalls In Brazilian Bankruptcy Law For International Bond Investors, Jeffrey M. Anapolsky, Jessica F. Woods

Journal of Business & Technology Law

No abstract provided.