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Social and Behavioral Sciences Commons

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Economics

William & Mary

Undergraduate Honors Theses

2021

Articles 1 - 3 of 3

Full-Text Articles in Social and Behavioral Sciences

International Trade And Revenue-Based Total Factor Productivity: A Firm-Level Analysis, Dongyang Wang May 2021

International Trade And Revenue-Based Total Factor Productivity: A Firm-Level Analysis, Dongyang Wang

Undergraduate Honors Theses

Economists concur that international trade is conducive to economic growth. However, at the firm level, variation exists. In this article, my goal is to conduct economic analysis on firm- level data and study the productivity effects of trade. With the comprehensive World Bank Enterprise Surveys data, I first explore trade patterns across different firms, controlling for industry, firm size, and the legal status of the firm. I then conduct regression analysis to identify characteristics of firms that participate in trade. Finally, I use an instrumental variable regression to study the causal relationship between a firm’s productivity and its participation in …


The Catalytic Effect And The Imf: The Relationship Between Capital Inflows And Imf Program Characteristics, Matthew Levinson May 2021

The Catalytic Effect And The Imf: The Relationship Between Capital Inflows And Imf Program Characteristics, Matthew Levinson

Undergraduate Honors Theses

Interventions of the International Monetary Fund (IMF) are believed to impact external capital inflows to recipient countries, which has the potential to amplify the overall effectiveness of IMF programs. However, the true extent of this catalytic effect remains debated. While previous studies have examined the catalytic effect of the IMF at the aggregate level, this research isolates specific types of IMF programs and analyzes their relationship with specific types of financial inflows for a better understanding of the heterogeneity in program effectiveness with respect to the catalytic effect. I find that program type plays a significant role in the strength …


Concentration And Nurse Staffing Outcomes In The Healthcare Labor Market, Lizzy Crotty May 2021

Concentration And Nurse Staffing Outcomes In The Healthcare Labor Market, Lizzy Crotty

Undergraduate Honors Theses

I investigate impacts to the nursing occupation from a perspective of market concentration. I measure the concentration of healthcare employment opportunities across the U.S. with a Herfindahl-Hirshman Index, finding moderate levels of concentration that vary greatly in markets with different population sizes and different locations. I use a Weighted Least Squares model to investigate how changing market concentration is affecting nurse employment. Analysis across different regions and different levels of urbanicity finds statistically insignificant heterogeneous effects with noisy zero estimates. The results are inconclusive evidence against monopsony presence in the nursing labor market.