Social and Behavioral Sciences Commons^™

Paso Del Norte Economic Indicator Review, October, Hunt Institute For Global Competitiveness

Technical Reports

No abstract provided.

Supporting Renewable Energy Market Growth Through The Circular Integration Of End-Of-Use And End-Of-Life Photovoltaics, Erika Marsillac

Information Technology & Decision Sciences Faculty Publications

Energy demand continues to grow with the world’s burgeoning population. Meeting energy needs through renewable sources allows for market growth with limited environmental impact, but sourcing constraints can limit production, creating industrial and environmental problems. The exploitation of end-of-use and end-of-life photovoltaic (PV) options that are traditionally treated as waste offers a valuable opportunity to support renewable energy market growth with fewer sourcing constraints and minimal environmental impacts, but this circular investment has not yet been broadly implemented, nor is broad guidance widely available to aid its implementation. From a business perspective, this paper discusses the technical issues, assesses the …

Technological And Disruptive Innovations In A Nation's Industrialization And Leadership Development, Jeffrey Yi-Lin Forrest, Zhen Li, Roger A. Solano, David J. Doorn

Economics & Finance Faculty Publications

The turn of this new century has been witnessing the effort of various leading developed and developing countries in their attempt to materialize next round of industrialization by emphasizing on innovations. To potentially provide guidance to such national efforts, this paper explores the relationship between technological innovation and industrialization and the importance of disruptive innovation in the development of a nation's international leadership. By employing the rigor of game theory, this work first looks at key conditions under which an established market invites competition and innovation. On top of such generally true results, it is consequently shown that technological innovation …

Digital Only Banks The Changing Face Of Global Banking: Challenges, Opportunities And Aml/Cft Implications For Nigeria, David N. Odu

Bullion

The drastic digitization brought about by evolution of technology in the world has changed almost every sphere of human life with the most recent effect being moved to cashless economy, while the role of digitization in the banking sector is altering customer demand and preferences, banks are becoming digitally oriented to meet the forces of demand and supply. This has led to the birth of digital-only also called challenger bankers or branches banks as they operate without a physical location, only have a location for admin purposes or hosting their servers. This growing wave of consumer oriented banking institutions focuses …

An Empirical Examination Of The Impact Of Economic Structural Change On Income Inequality: Dynamic Heterogeneous Panel Approach, Maha Elhini, Rasha Hammam

Economics

This paper employs structural growth perspective to the analysis of income inequality in 43 countries over the period 2003-2017.The study utilizes two different panel estimation techniques. First, the panel least squares regression examines the relevance of Kuznets effect of the different economic sectors; agriculture, manufacturing and services on income inequality. Second, the pooled mean group (PMG) estimation of dynamic heterogeneous panels gauges the long run impact of the change in sectoral value added as a proxy for structural change on inequality. PMG presents short run adjustments to be country-specific due to the widely different impacts of macroeconomic conditions and vulnerability …

The Mighty Challenge, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

Several questions are frequently raised about governance reform in Pakistan: Why are institutional reforms needed? What good can they bring to the country? Why is it so difficult to get them implemented? This article addresses these questions, explaining that governance reforms are structurally complex, long-term in nature, and must be politically driven, as they entail difficult choices requiring electoral accountability. The author examines the fundamental tension between the short-term imperatives of electoral politics and the compulsions of good governance and prudent economic management, arguing that democratic governance can improve only if institutions dealing with security, basic public services, and justice …

Borderplex Business Barometer, Volume 5, Number 10, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Mexico Consensus Economic Forecast, Volume 24, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Innovating In Traditional Real Estate Business Development Based On Value Co-Creation, Ya Zhang

Dissertations and Theses Collection (Open Access)

The real estate industry is an important aspect of China's social development and plays a pivotal role in economic growth. With the development of urbanization in my country, the supply relationship in the real estate industry has changed, consumer demand has become more rational, and the real estate industry’s financial and investment attributes have been superimposed on the influence of the real estate industry. The competition among small and medium real estate companies with relatively weak resource endowments has become increasingly fierce. Some land expansion models can no longer adapt to the development of the new situation. How to survive …

A Study On Constructing The Fourth Financial Statement For The Performance Prediction And Value Assessment Of Internet Enterprises In The Food Industry, Jianxin Zhang

Dissertations and Theses Collection (Open Access)

For a long time, industry, financial institutions, PE investment funds, and capital market investors have determined the business performance and market value of a company, usually based on the data of the three audited financial tables provided by the company, and further comprehensive analysis will be carried out the evaluation. Due to the limitations of accounting standards, the three financial tables cannot truly reflect all the business conditions of the enterprise. At the same time, the economic stage with traditional manufacturing as the main body and the economic stage with the digital economy as the main body are concerned with …

Financial Toxicity During Breast Cancer Treatment: A Qualitative Analysis To Inform Strategies For Mitigation, Laila A. Gharzai, Kerry A. Ryan, Lauren Szczygiel, Susan Goold, Grace Li Smith, Sarah T. Hawley, John A.E. Pottow, Reshma Jagsi

Articles

Financial toxicity from cancer treatment is a growing concern. Its impact on patients requires refining our understanding of this phenomenon. We sought to characterize patients' experiences of financial toxicity in the context of an established framework to identify knowledge gaps and strategies for mitigation. Semistructured interviews with patients with breast cancer who received financial aid from a philanthropic organization during treatment were conducted from February to May 2020. Interviews were transcribed and coded until thematic saturation was reached, and findings were contextualized within an existing financial toxicity framework. Thirty-two patients were interviewed, of whom 58% were non-Hispanic White. The mean …

Ab 5 And Ab 2257 Impacts On Small California Public Agencies, Sarah Robustelli

Master's Projects

With the recent changes, government agencies are struggling to define worker status under the new laws (DeBlanc and Safarloo, 2020). The interest in eliminating independent contractors is tied to concerns about workers in the private sector, specifically the gig economy, being denied appropriate pay and benefits, yet even government agencies are affected by AB 5 changes (Andoyan, 2017, Bergman, 2020). Traditionally, small public agencies use contractors frequently for professional services, specialists, backfill positions, recreation, geographic information systems (GIS), and much more. This research analyzes the following question: What is the impact of Assembly Bill 5 (AB 5) and Assembly Bill …

Robust Dynamic Panel Data Models Using ��-Contamination, Badi H. Baltagi, Georges Bresson, Anoop Chaturvedi, Guy Lacroix

Center for Policy Research

This paper extends the work of Baltagi et al. (2018) to the popular dynamic panel data model. We investigate the robustness of Bayesian panel data models to possible misspecification of the prior distribution. The proposed robust Bayesian approach departs from the standard Bayesian framework in two ways. First, we consider the ε-contamination class of prior distributions for the model parameters as well as for the individual effects. Second, both the base elicited priors and the ε-contamination priors use Zellner (1986)'s g-priors for the variance-covariance matrices. We propose a general "toolbox" for a wide range of specifications which includes the dynamic …

Introduction To The Principles Of Economics, Lynn University Digital Press, Andrea Camargo (Editor)

Lynn University Digital Press Books

Introduction to the Principles of Economics is explicitly edited for the accelerated course in BUS 180: Principles of Economics. The compilation textbook is designed to make introductory economics accessible to college students and is divided into three parts: Introductory Concepts, Microeconomics, and Macroeconomics. Theoretical economic foundations have been applied and related to actual events and policies to increase reader comprehension and practical application. Course: BUS 180

Development-Induced Displacement In Kiryandongo District: A Case Study Of The Karuma Hydroelectric Power Plant, Remington Fritz

Independent Study Project (ISP) Collection

This paper assesses the effects of the development induced displacement due to the Karuma Hydroelectric Power Plant on the Awoo village and surrounding areas in Karuma Town. Recently, Uganda has pursued several large-scale development projects that have repeatedly displaced people. Despite having strong displacement and resettlement framework, there is a continued pattern of failing to implement such framework, threatening the livelihood and well-being of those displaced.

Interview with key informants from several government agencies, such as the Ministry of Energy and Mineral Development the National Environmental Management Authority and Ugandan Generation Electricity Company Ltd have illustrated the political framework and …

Alienation Of Labor Or Alienation Of Self: Perceptions Of Hospitality Labor And Economic Development In Morocco, Julian Madera

Independent Study Project (ISP) Collection

This work explores the relationship between a nation’s economic shift to hospitality labor and a lower standard of living among the working class in said country. Specifically, the Moroccan economy’s gradual increased reliance on service labor, particularly within the tourism industry. Standard of living in this work will be centered around wellbeing understood through vocational fulfillment and perceptions of hospitality labor among service workers. In order to evaluate the standard of living among the working class, this work will utilize a comparative assessment of key interviews from three key sectors of the hospitality labor force: autonomist, alienated, and hospitality adjacent …

Covid-19 Vaccine Diplomacy In West Africa: Empathetic Soft-Power Or Neocolonial Intentions?, Mary Sperrazza

Independent Study Project (ISP) Collection

With the impending roll-out of COVID-19 vaccines, many questions have been raised concerning the roll-out of the vaccines beyond the Global North. While some countries across the Global South have been able to purchase limited numbers of vaccines; many countries in the Global South remain highly or entirely dependent on various programs for the distribution of vaccines, such as the COVID-19 Vaccines Global Access (COVAX) program. Another means of distribution is of individual countries of the Global North that have either higher purchasing power or are producers of one or more vaccines that have begun donating an allocated amount of …

Beware The Gini Index! A New Inequality Measure, Sabiou M. Inoua

ESI Working Papers

The Gini index underestimates inequality for heavy-tailed distributions: for example, a Pareto distribution with exponent 1.5 (which has infinite variance) has the same Gini index as any exponential distribution (a mere 0.5). This is because the Gini index is relatively robust to extreme observations; while a statistic’s robustness to extremes is desirable for data potentially distorted by outliers, it is misleading for heavy-tailed distributions, which inherently exhibit extremes. We propose an alternative inequality index: the variance normalized by the second moment. This ratio is more stable (hence more reliable) for large samples from an infinite-variance distribution than the Gini index …

The Google Tour Project, Colton Saylor

Assignment Prompts

Context: This assignment helps culminate our class theme, “Reading and Writing the City,” in which we explore representations of urban life from a variety of perspectives and academic disciplines. Our final unit takes on the issue of gentrification; more specifically, we explore how the issue revolves around stories of either progress or subjugation (depending on who is telling the story). After scaffolding some background on the issue and what it means, students form into groups and create these digital tours that serve as visual essays. In creating their own arguments either for or against gentrification, they take on their own …

Air Pollution, Behavioral Bias, And The Disposition Effect In China, Jennifer (Jie) Li, Massimo Massa, Hong Zhang, Jian Zhang

Research Collection Lee Kong Chian School Of Business

Inspired by the recent health science findings that air pollution affects mental health and cognition, we examine whether air pollution can intensify the cognitive bias observed in the financial markets. Based on a proprietary data set obtained from a large Chinese mutual fund family consisting of complete trading information for more than 773,198 ac-counts in 247 cities, we find that air pollution significantly increases investors' disposition effects. Analysis based on two plausible exogenous variations in air quality (the vast dissi-pation of air pollution caused by strong winds and the Huai River policy) supports a causal interpretation. Mood regulation provides a …

Three Essays On Agency Costs In Corporate Finance, Eyad Alhudhaif

Theses and Dissertations

This dissertation attempts to explain several firm corporate choices under the classical framework of contractual agency problems in corporate finance. Essay 1 examine firms’ debt maturity structure following exogenous changes in growth opportunities due to the COVID-19 shock. I Find companies experiencing an increase in growth options choose longer-term debt, a result that supports the arguments presented by Diamond and He, 2014 and Childs et al., 2005. Essay 2 examine the effect of firm’s risk exposure concentration on debt maturity choices. We find shortterm debt is preferred over covenants in mitigating debt-related agency problems of risk-shifting. These results indicate that …

Local Religiosity, Workplace Safety, And Firm Value, Md Ruhul Amin, Incheol Kim, Suin Lee

School of Economics and Finance Faculty Publications

This paper examines the effect of local religiosity on employee treatment, proxied by workplace safety incidents. Using the establishment-level data compiling on the incidents of work-related injuries, we find that employees of the establishments in more religious counties get less injured than those in less religious counties. We further find that a reduction in occupational accidents is more evident for establishments in counties dominated by one religious denomination, strengthening our argument on community solidarity and homophily stemming from religious networks. Firms whose establishments are located in high religiosity counties are less likely to violate workplace conduct and more likely to …

Using Landscape Metrics To Characterize Towns Along An Urban-Rural Gradient, Abigail Kaminski, Dana Marie Bauer, Kathleen P. Bell, Cynthia S. Loftin, Erik J. Nelson

Economics

Context: Urban-rural gradients are useful tools when examining the influence of human disturbances on ecological, social and coupled systems, yet the most commonly used gradient definitions are based on single broad measures such as housing density or percent forest cover that fail to capture landscape patterns important for conservation. Objectives: We present an approach to defining urban–rural gradients that integrates multiple landscape pattern metrics related to ecosystem processes important for natural resources and wildlife sustainability. Methods: We develop a set of land cover composition and configuration metrics and then use them as inputs to a cluster analysis process that, in …

Social Norms And Fertility, Sunha Myong, Junghae Park, Junjian Yi

Research Collection School Of Economics

We document three stylized facts on marriage and fertility patterns in East Asian societies: (i) their marriage rates are among the highest in the world, but their total fertility is the lowest; (ii) although they have the lowest total fertility, almost all married women have at least one child; and (iii) almost no single women have any children. As these societies have been influenced by Confucianism over millennia, marriage and fertility decisions are potentially shaped by two social norms: the unequal gender division of childcare and the stigma attached to out-of-wedlock births. We present a model incorporating the two social …

Corporate Cash Holdings, Agency Problems, And Economic Policy Uncertainty, Siamak Javadi, Mohsen Mollagholamali, Ali Nejadmalayeri, Saud Al-Thaqeb

School of Economics and Finance Faculty Publications

Consistent with the agency view of cash holdings, we document a strong negative relationship between economic policy uncertainty and corporate cash holdings for non-U.S. firms from 19 countries. Our results are robust to different measures of cash holdings and model specifications and survive after addressing endogeneity. We provide evidence that the decrease in cash holdings is moderated by shareholders' ability to force managers to disgorge cash that fits consistently within the agency framework. Overall, results suggest that lowering cash holdings help alleviate agency problems in the presence of policy uncertainty and underscore the significance of country attributes in corporate finance.

The Price Elasticity Of African Elephant Poaching, Quy-Toan Do, Andrei A. Levchenko, Lin Ma, Julian Blanc, Holly Dublin, Tom Milliken

Research Collection School Of Economics

The objective of this paper is to provide an estimate of the elasticity of elephant poaching with respect to prices. Ivory being a storable commodity subjects its price to Hotelling’s no-arbitrage condition, hence allowing identification of the supply curve. The price of gold, one of many commodities used as stores of value, is thus used as an instrument for ivory prices. The supply of illegal ivory is found to be price inelastic with an elasticity of 0.4, with changes in consumer prices passing-through to prices faced by producers at a rate close to unity. Estimations based on a number of …

Spatial Dynamic Models With Short Panels: Evaluating The Impact Of Home Purchase Restrictions On Housing Prices, Naqun Huang, Zhenlin Yang

Research Collection School Of Economics

Since the 2007 housing crisis in the United States, many countries have begun implementing various macroprudential policies to curb the ongoing rise in housing prices. As there is no clear consensus in the literature on the efficacy of these interventions, understanding their short-term impacts is crucial in informing future policy designs. Adapting a new econometric technique, we examine the short-term impact of home purchase restrictions in Singapore, accounting for the short panel nature of the data and the existence of dynamic, spatial, spatiotemporal, and unit-specific effects. Using quarterly housing data over 2012Q4-2014Q2, we find that public housing prices decrease by …

Decree Power In Parliamentary Systems: Theory And Evidence From India, Madhav Shrihari Aney, Shubhankar Dam

Research Collection School Of Economics

Decree powers are common to presidential systems; they are rarely found in parliamentary ones. We analyze decree powers in one such rare setting: India. We show that bicameral minority governments in India systematically use ordinances to circumvent parliament and prosecute their legislative agendas. They promulgate more ordinances, enact less legislation, and often repromulgate lapsed ordinances. These patterns suggest that, with bicameral minority governments, the locus of lawmaking shifts to the executive branch. While both majority and minority governments invoke ordinances, the latter do so systematically to get around their parliamentary deficit. In the hands of minority governments, then, the mechanism …

الأسباب والتداعيات الاقتصادية لعجز الموازنة الفلسطينية: دراسة قياسية, نسيم حسن أبو جامع أستاذ مشارك, ايمان الخضري ماجستير

Journal of Al-Azhar University – Gaza (Humanities)

ملخص:

هدفت الدراسة إلى تحديد الآثار الاقتصادية لعجز الموازنة العامة الفلسطينية، في الفترة (1995-2014)، من خلال استخدام المنهج القياسي، بالاعتماد على أسلوب السلاسل الزمنية عن طريق مصفوفة الارتباط والتي كانت نتائجها غير معنوية عند مستوى دلالة 5% لمعظم المتغيرات، ولذلك تم استخدام نماذج الفترات المتباطئة المقدرة عن طريق برنامج Eviews7؛ من أجل تقدير النماذج وإيجاد العلاقة بين المتغير المستقل والمتغيرات التابعة.

وتوصلت الدراسة إلى: وجود علاقة عكسية معنوية بين عجز الموازنة والناتج المحلي الإجمالي، والتكوين الرأسمالي الثابت الإجمالي، ومنح الموازنة التطويرية، والإنفاق الاستهلاكي النهائي، ونصيب الفرد من الناتج المحلي الإجمالي، في حين وجود علاقة عكسية غير معنوية بين عجز الموازنة …

Buying-Up Europe No More? How The European Union Has Responded To The Challenges Of Chinese Foreign Direct Investment, Ethan Kable

Claremont-UC Undergraduate Research Conference on the European Union

towards Chinese outward foreign direct investment (OFDI) has evolved over the past decade. I contend that the EU was quite receptive to Chinese OFDI at the beginning of the decade, due to both ideological leanings and the economic context of a post-crisis Europe. I then illustrate how the EU slowly adopted a more guarded and critical approach towards Chinese OFDI. This paper will focus specifically on four key issues surrounding Chinese OFDI policy: national security, technology transfers and IP theft, state support for Chinese firms, and market access, ultimately arguing that bilateral investment treaty (BIT) negotiations and the new EU …