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Full-Text Articles in Social and Behavioral Sciences

Central Bank Independence: Rules, Practices, And Outcomes, Douglas Aaron Block Jan 2010

Central Bank Independence: Rules, Practices, And Outcomes, Douglas Aaron Block

Open Access Theses & Dissertations

In recent years interest has grown in central bank independence as research has shown that it may affect many important financial issues such as unemployment, inflation, and inflation variability, among others. However, empirical evidence regarding its effect has been inconclusive and there is low correlation among various legal central bank independence measures. In this thesis, I attempt to resolve these problems by generating a new measure of legal central bank independence that takes into account divergence between laws and practices. I then measure the impact that democracy and proportional electoral systems have on reducing this divergence and find that democracy …


Export Vs. Import - Led Growth In Mexico, Joseph Kababie Jan 2010

Export Vs. Import - Led Growth In Mexico, Joseph Kababie

Open Access Theses & Dissertations

This study concentrates on the role of imports and the impact they have for economic growth in the country of Mexico. The investigation is conducted in a time series framework using an ordinary least square method, a vector autoregressive model, and a vector error correction model to test the trade variables of exports and imports for exogenous or endogenous induced growth. The results indicate through Granger causality tests that imports are having the significant impact for economic growth. These findings are in some ways in contradiction to previous literature that has focused on exports as being the sole engine for …


Microstructure And Property Evaluation Of Lifepo4 Thin Films For Application In Microbatteries, Jose Marcos Mares Jan 2010

Microstructure And Property Evaluation Of Lifepo4 Thin Films For Application In Microbatteries, Jose Marcos Mares

Open Access Theses & Dissertations

The shortage of fossil fuels and the requirements to produce clean, environmental friendly, efficient, and economical energy are the principal problems in the context of energy technology for current and future generations. Therefore, advanced energy storage and conversion capabilities with higher capacity and efficiency are desired. Currently, there is an enormous interest in the development of high energy density rechargeable batteries for use in domestic applications, automotive industries and portable electronic applications. The present research focuses on the development of LiFePO4 thin films for solid-state thin-film microbatteries. The present effort was performed with a specific purpose of understanding the effect …


Forecasting Tourist Arrivals To The Bahamas Using Error Correction Models, Jacky Sharon Charles Jan 2010

Forecasting Tourist Arrivals To The Bahamas Using Error Correction Models, Jacky Sharon Charles

Open Access Theses & Dissertations

Tourism is the major domestic export for many countries in the Caribbean region. Given this, the variables which influence tourism demand in this region, as well as accurate forecasts, can assist policy makers in their planning efforts and growth strategies. This study utilizes error correction models (ECMs) to analyze tourism demand in the Bahamas. This is the first empirical attempt to estimate ECMs for tourism demand in the Caribbean region. Findings suggest that income and habit persistence/word of mouth advertising are the primary determinants of tourism demand in the Bahamas, while the cost of travel is generally insignificant. To assess …


Housing Attribute Preferences In El Paso, Emmanuel Villalobos Jan 2010

Housing Attribute Preferences In El Paso, Emmanuel Villalobos

Open Access Theses & Dissertations

This study uses twenty-two explanatory variables and a stratified random sample of 562 housing units to estimate a hedonic pricing model for the El Paso housing market. Previous studies report that structural characteristics are more influential than locational factors in home valuation. Results obtained indicate that list price reacts more elastically to a home's structural characteristics than to its locational factors. In this study indirect evidence of the importance of international commerce in El Paso is documented. Whether the results reported are unique to a large border economy like El Paso is unknown.


Empirical Evidence On Regulatory Burdens And International Income Performance, Enedina Licerio Jan 2010

Empirical Evidence On Regulatory Burdens And International Income Performance, Enedina Licerio

Open Access Theses & Dissertations

This paper analyzes the effects of regulatory burdens on per capita national income (GNI) and the potential increases in GNI that can result from deregulation. Previous research indicates that a rigid regulatory environment hampers income performance. The availability of more recent data and the addition of several new indices by the World Bank now permits a broader analysis of regulatory burdens and income performance to be undertaken. Simulations are conducted to quantify potential impacts of deregulation and greater transparency on income performance. Results show that sizeable income gains can result from deregulation.