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Social and Behavioral Sciences Commons

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Economics

Winthrop University

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Full-Text Articles in Social and Behavioral Sciences

Understanding The Economic Impact Of The Carolina Panthers Training Facility On Rock Hill, Jeremiah Hart Apr 2020

Understanding The Economic Impact Of The Carolina Panthers Training Facility On Rock Hill, Jeremiah Hart

Showcase of Undergraduate Research and Creative Endeavors (SOURCE)

In June 2019, the construction of both a new training facility and headquarters for Charlotte’s largest sports franchise was announced. Rock Hill, South Carolina, was selected as the new site for the facilities. This decision was notable for a number of reasons: foremost, the number of new residents that would be drawn into the region via jobs created by the construction of the new facilities. In order to better understand the outcomes of the Panthers’ investment, this paper will examine similar investments in other locales by other professional sports teams. These include “The Star,” a facility constructed by the Dallas …


Measuring Efficiency In The Soviet Union Labor Market, Angelica Urrego Apr 2020

Measuring Efficiency In The Soviet Union Labor Market, Angelica Urrego

Showcase of Undergraduate Research and Creative Endeavors (SOURCE)

Efficiency is loosely measured by accounting for the levels of productivity and costs involved for labor. This paper seeks to lay out the efficiency of the labor market during the height of the U.S.S.R.’s command system economy. Various literature on the subject argues that, contrary to common knowledge, the Soviet Union had an efficient economy. To effectively measure efficiency, this paper first examines the characteristics of the Soviet labor market from 1922 – 1991 and highlights important topics of productivity, employment, and supply and demand distinctions. A special focus is placed on the widespread shortages that gravely affected Russians throughout …


Determining The Effects Of Corporate Social Responsibility Programs And Wages On Turnover Rates For Fortune 500 Companies, Jacob Wacaster Apr 2020

Determining The Effects Of Corporate Social Responsibility Programs And Wages On Turnover Rates For Fortune 500 Companies, Jacob Wacaster

Showcase of Undergraduate Research and Creative Endeavors (SOURCE)

Over the last few decades, the turnover rates for employees of Fortune 500 companies have continued to rise. As this rate continues to get higher, companies begin to lose efficiency, as they have to devote more time to training new employees and less time toward production. My research project involves looking at the effects of Corporate Social Responsibility programs and wages on turnover rates for Fortune 500 companies, in order to assess whether investing in CSR programs or raising wages will better help address the turnover issue. To determine the effect of CSR investing, I will compare the median tenure …


The Survival Of The American Beef Farmer In Today’S Market, Zackary Heustess Apr 2020

The Survival Of The American Beef Farmer In Today’S Market, Zackary Heustess

Showcase of Undergraduate Research and Creative Endeavors (SOURCE)

Once the world’s agriculture leader, the United States has lost dominance over recent decades to international competitors, specifically Brazil. Since the number of American farms reached its peak at 6.8 million in 1935, this number has fallen drastically to 2.1 million by 2002. This paper will touch on one specific area of this field, beef cattle farming. Even with annual beef consumption continuing to increase in the United States, some developing trends might threaten farmers even further in the near future. These trends include the rapid scaling of corporate farming, the increased concern over the environmental impact from red meat, …


What Immigration Means For U.S. Employment And Wages, Lilibeth Lopez Apr 2020

What Immigration Means For U.S. Employment And Wages, Lilibeth Lopez

Showcase of Undergraduate Research and Creative Endeavors (SOURCE)

Immigration has a significant impact on U.S. economic growth. Immigrants account for 14.4% (over 44 million) of the U.S. population. Their success has an important impact on the U.S. economy. This paper will focus on the impact of immigration on employment and wages. The Center for Immigration Studies shows that immigration has impacts on wages and employment. The negative effect of immigration on wages is primarily confined to native workers in low-skilled occupations. Immigration lowers wages for those at the bottom of the economic scale. Factors such as technological change and globalization have also played a role in the deterioration …


Artificial Intelligence And The Trucking Industry: How Many Jobs Are At Stake?, Tyrrell Keim Apr 2020

Artificial Intelligence And The Trucking Industry: How Many Jobs Are At Stake?, Tyrrell Keim

Showcase of Undergraduate Research and Creative Endeavors (SOURCE)

As of 2018, the trucking industry in America employed over 3 million drivers and brought in almost $800 billion dollars. The industry’s labor cost is a third of this amount, with the average driver making about $22 an hour. How much of this cost could be minimized with the use of artificial intelligence in order to make the industry more profitable? Andrew Yang, an early candidate for the Democratic nomination for the U.S. Presidency, was the first political candidate in recent memory to speak of the potential pitfalls and job loss that automation could potentially bring to an industry, specifically …


The Shortage Of Teachers In America Today, Avery Davis Apr 2020

The Shortage Of Teachers In America Today, Avery Davis

Showcase of Undergraduate Research and Creative Endeavors (SOURCE)

There is a shortage of skilled labor in America today, but there is no sector where this problem is more acute than in education. The news has often covered strikes by teachers’ unions across the country, where teachers have been asking for more pay from state governments. It is clear that teachers are underpaid compared to other college graduates; this makes the profession of teaching much less attractive. This is because of the nature of the labor market for teachers, causing them to be underpaid as a whole. Teachers’ salaries are 21 percent below the median salary for other college …