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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
Does The Equity Market Affect Economic Growth?, Kwame D. Fynn
Does The Equity Market Affect Economic Growth?, Kwame D. Fynn
The Macalester Review
This paper examines the impact of the stock market primarily on economic growth using panel data from 1990-2010. I apply Generalized Least Squares techniques for fixed effects with the exclusion of the subgroup 2005-2010 which uses random effects. The effect of the stock market on growth is based on country-specific effects and varies in different time periods.
The Paradoxical Effect Of Intercity Transportation And Communications Infrastructure On Urban Concentration: The Dispersion-Concentration Model, Alvaro Ballarin Cabrera
The Paradoxical Effect Of Intercity Transportation And Communications Infrastructure On Urban Concentration: The Dispersion-Concentration Model, Alvaro Ballarin Cabrera
Economics Honors Projects
This study examines the effect of intercity transportation and communications infrastructure on urban concentration on a sample of 84 countries between the years 1960 and 2010. By comparing the effects of interregional transportation and communications infrastructure on primacy and urbanization, I find that (1) such investments promote population dispersion amongst connected areas and (2) population concentration from unconnected locations into connected ones. Therefore, intercity transportation and communications infrastructure is only effective at reducing excessive concentration when the dispersion effect exceeds the concentration effect.
How Does Income Inequality Affect The Growth Of U.S. Counties?, Jeremy Roth
How Does Income Inequality Affect The Growth Of U.S. Counties?, Jeremy Roth
Economics Honors Projects
This paper aims to conduct a precise test of the political economy hypothesis linking income inequality and economic growth. By choosing covariates from a detailed county-level dataset and assuming that U.S. counties experience perfect capital mobility, I shut off the four possible channels linking inequality and growth other than political economy. This is a first in an empirical literature that has reported conflicting findings with observations of states and countries. I also present thematic maps to illustrate the cross-county variation in key growth determinants that is masked by state-level studies. My econometric tests find a negative association between the initial …