Digital Commons Network^™

Determinants Of Consumer Confidence In Emerging Economies: A Panel Cointegration Analysis, Sadullah Celik, Erhan Aslanoglu, Seda Uzun

Topics in Middle Eastern and North African Economies

No abstract provided.

The Margins Of Multinational Production And The Role Of Intrafirm Trade, Alfonso Irarrazabal, Andreas Moxnes, Luca David Opromolla

Dartmouth Scholarship

In this paper we provide a quantitative analytical framework for analyzing trade and multinational production (MP), consistent with a set of stylized facts for trade and MP, among them that both exports and MP adhere to a gravity model. We propose a heterogeneous firm trade model where firms choose endogenously whether to serve foreign markets through MP or exports, where headquarters and affiliates are vertically integrated, and where firms face stochastic entry and demand shocks in each market. Using a unique firm-level data set on production, trade and MP, we establish key regularities about the entry and sales patterns of …

Does Race Based Redistricting Matter For Policy?, Ebonya Washington

University of Kentucky Center for Poverty Research Discussion Paper Series

During the 1990 congressional redistricting many states were mandated to create additional majority minority-resident districts in order to elect more minorities to Congress. Civil rights groups and Republicans cheered. The Party views Democratic districts stripped of Black voters as opportunities to repaint blue districts red. The academic literature agrees, attributing the Republican return to House control in 1994 to race based redistricting. However, this literature generally focuses on the district as the unit of analysis, a focus that is too narrow, as some districts gain Black residents while others lose them. I focus on states, the level at which redistricting …

Poverty, Inequality And Cost Of Living Differences, Enrico Moretti

University of Kentucky Center for Poverty Research Discussion Paper Series

Metropolitan areas in the US are characterized by enormous differences in average income, earnings, and factor productivity. The income of individuals located in metropolitan areas at the top of the income distribution is more than double the income of observationally similar individuals located in metropolitan areas at the bottom of the distribution. These differences reflect, at least in part, variation in local productivity.

Efficiency Gains From Transferable Water Rights, Joseph Ziska

All Theses

In times of drought, mandatory water restrictions are a popular option for local governments to prevent water shortages. The state of South Carolina has had mandatory water restrictions in various counties for nearly a third of the past decade. If there are heterogeneous consumers with varying marginal valuations for water, these mandatory restrictions may be economically inefficient. I calculate what welfare gains could be achieved for the state by allowing prices to fluctuate instead of imposing mandatory restrictions.
To perform this calculation, I assume a basic quadratic demand function for water with constant income elasticity. The water restrictions force all …

Hotel Feasibility In The Recessionary Economy Of 2010: A Case Study In Reno, Nevada, Sang-Mun Cho

UNLV Theses, Dissertations, Professional Papers, and Capstones

In the aftermath of the economic crisis of 2008, it became evident that Nevada’s economy felt pains greater than that of the rest of the country. With sinking property values, opportunities may exist for the hotel investor. The purpose of this paper is to analyze the risks and benefits of acquiring a hotel property through the instrumentality of a hotel feasibility report. The literature review includes an evaluation of hotel feasibility analysis, its historical context, criticisms, and recommendations for performing effective studies. The case study part of this paper investigates the broader implications of hotel acquisition in the current recessionary …

The Effect Of Television Exposure On College Football Recruiting: An Analysis Of The Southeastern And Atlantic Coast Conferences From 1970 To 2010, Thomas Crouch

All Theses

A study was done to determine the effect of television exposure on the geographic distribution of recruits in the Southeastern and Atlantic Coast conferences from 1970 to 2010. Roster data was compiled for 23 teams, and this data was used to generate distances between every recruit's hometown and the school he would attend. Then, a conditional logit estimation was used to determine the effect of distance on a recruit's choice of schools over time. Also included were variables describing each school's academic and football quality and variables describing a recruit's choice of school by where it was located in relation …

Preservation Ethics In The Case Of Nebraska's Nationally Registered Historic Properties, Darren Michael Adams

Department of Geography: Dissertations, Theses, and Student Research

This dissertation focuses on the National Register of Historic Places and considers the geographical implications of valuing particular historic sites over others. Certain historical sites will either gain or lose desirability from one era to the next, this dissertation identifies and explains three unique preservation ethical eras, and it maps the sites which were selected during those eras. These eras are the Settlement Era (1966–1975), the Commercial Architecture Era (1976–1991), and the Progressive Planning Era (1992–2010). The findings show that transformations in the program included an early phase when state authorities listed historical resources pertaining to the settlement of the …

Factors Analysis And Operation Improving Measures For Thai Flag Vessels, Philumpha Jirasatit

World Maritime University Dissertations

No abstract provided.

Discourse At The Edge: Enterprise Discourse In Ireland, Brendan O'Rourke

Conference papers

Ireland is an economy, society and culture at the edge. It is at the edge of Europe and at the edge of both USA/UK and more mainland European or EU variants of capitalism. More recently it has been at the edge of economic crisis. Yet enterprise discourse is still central in Ireland. Enterprise discourse in Ireland is influenced by global and European Union (EU) developments. However, Irish enterprise discourse is not merely a ‘local adoption’. For example, high Irish economic growth rates during the ‘Celtic Tiger’ period have coincided with the development of the EU’s enterprise policy, thus giving the …

Health And Growth: Causality Through Education, Rui Huang, Lilyan E. Fulginiti, E. Wesley Peterson

Department of Agricultural Economics: Faculty Publications

Purpose--The paper theoretically and empirically investigates the impact on human capital investment decisions and income growth of lowered life expectancy as a result of HIV/AIDS and other diseases. Design/methodology/approach--The theoretical model is a three-period overlapping generations model where individuals go through three stages in their life, namely, young, adult and old. The model extends existing theoretical models by allowing the probability of premature death to differ for individuals at different life stage, and by allowing for stochastic technological advances. The empirical investigation focuses on the effect of HIV/AIDS on life expectancy and on the role of health on educational investments …

A Comparison Of Maine’S Per Capita Spending, 1996-2006 To The Us And Other States, Ryan Boyd

Muskie School Capstones and Dissertations

The Great Recession of 2008-2010 is showing that the states and national government have spent too much. We need the vision of Thomas Friedman to move beyond our spending and planning habits of the past.1

In 2016, expenditures compared to 2006 will look very different, unlike the previous similarities of 1996 to 2006. This retraction, due to the recession and our government’s embracement of concerns about debt from policy wonks such as former US Comptroller David Walker, debt will have a significant affect on many populations of our society. Maine has been noted as being a state that looks after …

Evaluation Of Regional Collaborations For Economic Development: Lessons From The Employment And Training Adminsitration's Wired Initiative, Kevin Hollenbeck, Nancy Hewat

Employment Research Newsletter

No abstract provided.

Cooperative Strategies On Parallel Tracks: The Nepad And Agoa Initiatives, Guelmbaye Ngarsandje

Graduate Program in International Studies Theses & Dissertations

In July 2001, at the 37th of the former Organization of African Unity, African heads of states launched the New Partnership for Africa's Development (NEPAD), a combination of the Omega Plan from Abdoulaye Wade and The Millennium African Renaissance Partnership initiated by Thabo Mbeki, respectively presidents of Senegal and South Africa. This was an achievement of tasks given by their peers in Algiers in 1999. Previously to that, the Clinton administration initiated the African Growth and Opportunity Act passed in law in 1998. Though the two programs aim at African development, they did not take in account each other.

This …

Human Capital, Education, And Entrepreneurs: Evidence From The Yangtze River Delta, Zhining Hu, Jianghuai Zheng, Jialing Wang

Economics Faculty Publications

This paper seeks to examine the relationship between education demand and entrepreneurs in the process of enhancing the growth of human capital in China. We develop a theoretical model that incorporates the important roles played by human capital, education and entrepreneurs. Then, we derive an immigration condition under which the demand for education depends on the existence of entrepreneurs. Finally, we test whether this condition holds true in China, using a panel data set from the Yangtze River Delta which is considered a key barometer of Chinese economy. The empirical results reveal a significant positive relationship between entrepreneurs and education …

Skew Selection Theory Applied To The Wealth And Welfare Of Nations, Susan F. Allen, Deby L. Cassill

The Journal of Sociology & Social Welfare

According to skew selection theory, working citizens who build wealth and, at the same time, share portions of their wealth with those in need are more likely to survive economic downturns than citizens who hoard wealth. In this article, skew selection is employed as a theoreticalframework to support governmental efforts to develop social policies that protect the income of working citizens and, at the same time, provide for vulnerable, non-working children and elders. To illustrate its applicability, the social policies of Japan, Sweden and the United States-all of which are challenged by decaying ratios of working to non-working citizens-are compared …

Protected Areas Reduced Poverty In Costa Rica And Thailand, Kwaw S. Andam, Paul J. Ferraro, Katharine R. E. Sims, Andrew Healy, Margaret B. Holland

Economics Faculty Works

As global efforts to protect ecosystems expand, the socioeconomic impact of protected areas on neighboring human communities continues to be a source of intense debate. The debate persists because previous studies do not directly measure socioeconomic outcomes and do not use appropriate comparison groups to account for potential confounders. We illustrate an approach using comprehensive national datasets and quasi-experimental matching methods. We estimate impacts of protected area systems on poverty in Costa Rica and Thailand and find that although communities near protected areas are indeed substantially poorer than national averages, an analysis based on comparison with appropriate controls does not …

Examination Of The Regional Supply And Demand Balance For Renewable Electricity In The United States Through 2015: Projecting From 2009 Through 2015 (Revised), Lori Bird, David Hurlbut, Pearl Donohoo, Karlynn Cory, Claire Kreycik

Publications (E)

This report examines the balance between the demand and supply of new renewable electricity in the United States on a regional basis through 2015. It expands on a 2007 NREL study (Swezey et al. 2007) that assessed the supply and demand balance on a national basis. As with the earlier study, this analysis relies on estimates of renewable energy supplies compared to demand for renewable energy generation needed to meet existing state renewable portfolio standard (RPS) policies in 28 states, as well as demand by consumers who voluntarily purchase renewable energy. However, it does not address demand by utilities that …

Regional Science And Innovation Policies: Five Case Studies, Iryna Lendel, Luz Haack

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.

Northeast Ohio High-Tech Economy Report, Iryna Lendel

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.

Corporate Philanthropic Giving, Advertising Intensity, And Industry Competition Level, Ran Zhang, Jigao Zhu, Heng Yue, Chunyan Zhu

Research Collection School Of Accountancy

This article examines whether the likelihoodand amount of firm charitable giving in response tocatastrophic events are related to firm advertising intensity,and whether industry competition level moderatesthis relationship. Using data on Chinese firms’ philanthropicresponse to the 2008 Sichuan earthquake, we findthat firm advertising intensity is positively associated withboth the probability and the amount of corporate giving.The results also indicate that this positive advertisingintensity-philanthropic giving relationship is stronger incompetitive industries, and firms in competitive industriesare more likely to donate. This study thus provides evidencesuggesting that even in the wake of catastrophicevents, corporate philanthropic giving is strategic.

Are Residents Who Are Displaced By Gentrification Better Or Worse Off After Relocating?, Alice M. Anigacz

Economics Honors Projects

This honors thesis examines how individuals displaced by gentrification fare after relocation, with changes in wage and income as the primary measures of well-being. Geo-coded Panel Study of Income Dynamics data is used in conjunction with decennial census tract-level neighborhood data to evaluate nationwide occurrences of gentrification and their effects on the displaced between 1990 and 1995, with a focus on whether changing neighborhood effects can account for the change in well-being. Standard OLS regressions not accounting for neighborhood effects find that compared to a nationwide sample, a sample of movers, and a sample of displaced residents, residents displaced specifically …

At The Intersection Of Neoliberal Development, Scarce Resources, And Human Rights: Enforcing The Right To Water In South Africa, Elizabeth A. Larson

International Studies Honors Projects

The competing ideals of international human rights and global economic neoliberalism come into conflict when developing countries try to enforce socio-economic rights. This paper explores the intersection of economic globalization and the enforcement of 2nd generation human rights. The focus of this exploration is the right to water in South Africa, specifically the recent Constitutional Court case Mazibuko v City of Johannesburg. While a right to water can be constructed at the international level, the right disappears in the face of neoliberal development measures such as those that are instituted by democratic governments in developing nations faced with limited resources.

Are Conditions On Cash Transfers Necessary To Improve Rural Education Outcomes? Evidence From Nicaragua, Zachary Mcdade

Economics Honors Projects

Across Latin America, conditional cash transfer programs (CCTs), in which governments pay poor families conditional on their children attending school, have successfully increased enrollment and attendance rates. No empirical evidence supports the need for costly conditionality, however, and I compare the effect of Nicaraguan unconditional remittances to the effect of CCTs to determine which more strongly influences educational investment. I test the outcomes of school enrollment and attendance and find that unconditional transfers more strongly impact enrollment, while conditional transfers more strongly increase attendance.

Renewed Growth And Poverty Reduction In Zambia, Arne Bigsten, Sven Tengstam

Zambia Social Science Journal

The Zambian economy has grown relatively fast over the last decade. This article discusses the challenge of using these growing resources effectively to improve the welfare of the population and reduce poverty. The poverty head count index is found to have declined between 1998 and 2004 by about 5.4 percentage points. This change can be decomposed into a 6.6 percentage point reduction due to growth and a 1.2 percentage point increase due to inequality change.

Since poverty is most severe in the rural areas, it is important to make agriculture more efficient by expanding access to electricity and improving roads, …

Estimation Of Bidder Valuations In An Fcc Spectrum Auction, Jungwon Yeo

Research Collection School Of Economics

The Federal Communications Commission (FCC) uses auctions to allocate radio spectrum frequencies to wireless service providers. The innovation of the auction design is that it offers many heterogeneous licenses simultaneously in one ascending auction. This paper develops an empirical model and procedure to estimate bidder valuations. Given that the complex nature of the auction does not admit formal modeling in a general setting, I do not explore a particular model of equilibrium bidding. Instead, I propose two revealed preference inequalities which should hold in any reasonable model of these auctions. The first inequality requires that a bidder never bids on …

Chinese Job Growth And Workers’ Injury Compensation In China, Ann O'Neill

Renée Crown University Honors Thesis Projects - All

Over the past decade, the PRC has made dramatic changes to its labor contract laws, corporate laws, and social welfare system in an effort to improve workers' wellbeing and decrease the impact of rights violations on the public healthcare system and national budget. This paper seeks to determine the effect of changes in social welfare policy made in 2003 on workplace injuries and illness in light of the domestic job growth that took place at that time. In 2003, changes in marketplace behavior, corporate law, and enterprise management policy led to a trend break in employment, wages, and insurance coverage …

Booms, Busts, And Gambling: Can Gaming Revenues Reduce Budget Volatility?, Brad R. Humphreys, Victor Matheson

Economics Department Working Papers

Over the past 20 years, state and provincial governments in North America have expanded legal gambling opportunities to consumers. One of the primary policy goals of this expansion of gambling opportunities has been to increase government revenues. Gambling is an attractive source of new government revenues because consumers are relatively insensitive to the implicit “tax” rate imposed on gambling activities and gambling is a voluntary activity, only those who chose to gamble are subject to this implicit tax. In this paper, we document the contribution that gambling revenues make to state and provincial tax receipts, and the extent to which …

The Regulatory Roots Of The 2007 Financial Crisis, Jane Coetsee

All Dissertations

ABSTRACT
The rate of home ownership in the US had remained around 65% since the end of the Second World War. Between 1994 and 2006 the rate of home ownership climbed to 69%. In 2006, the combined assets of the top 5 bank holding companies were $6 trillion. Between 2007 and 2009 almost $2 trillion of bank assets evaporated as widespread mortgage defaults triggered a crisis. The pressing question is why were so many bad loans originated in the first place and what induced firms and investors to hold them? The primary mortgage market is intensely regulated and the secondary …

White Flight And Urban Decay In Suburban Chicago, Lindsey Haines

Honors Projects

White flight and urban decay are issues typically analyzed in the context of the inner-city. This study builds on previous literature to test whether these phenomena have affected the Chicago suburbs in the same way as other urban areas. In particular, this study focuses on the effects of changes in racial composition, household income, and the age of the housing stock on changes in home values, the vacancy rate, the homeownership rate, unemployment, the single parent household rate, and the college completion rate. Overall the study supports the theories of white flight and filtering in the suburban Chicago context. The …