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2022

Economics

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Full-Text Articles in Social and Behavioral Sciences

Feeling The Heat: Climate Change Is Becoming A Big Factor In Business Decision-Making, Risk Assessment, Candace Beeke, Sahan Dissanayake, Jennifer Price, Moss Adams Dec 2022

Feeling The Heat: Climate Change Is Becoming A Big Factor In Business Decision-Making, Risk Assessment, Candace Beeke, Sahan Dissanayake, Jennifer Price, Moss Adams

Economics Faculty Publications and Presentations

Portland Business Journal Publisher and President Candace Beeke spoke recently with PSU’s Sahan Dissanayake and Jennifer Price, with Moss Adams, about the direct and indirect effects of climate change on business, along with the physical impacts and economic hazards. Here are their insights.


Prolegomena To A Buddhist(Ic) Critique Of Capitalism, James Mark Shields Nov 2022

Prolegomena To A Buddhist(Ic) Critique Of Capitalism, James Mark Shields

Faculty Contributions to Books

Not even three decades removed from Francis Fukuyama’s post-Cold War proclamation of the “End of History,” the Western world is now undergoing a crisis of conscience – at the very least – with respect to both capitalism as an economic system and neoliberalism as its less-recognized but ever-present ideological foundation. The financial crisis of 2008, the subsequent Great Recession, the Occupy movement(s) of 2011, the 2016 challenge of self-styled Democratic Socialist Senator Bernie Sanders for the Democratic nomination, and growing anxiety about the fate of the planet, particularly among the young, have opened up new avenues of critique, and brought …


Northwest Arkansas State Of The Region 2022, Mervin Jebaraj Oct 2022

Northwest Arkansas State Of The Region 2022, Mervin Jebaraj

State of the Northwest Arkansas Region Report

The State of the Northwest Arkansas Region Report is an annual publication, commissioned by the Northwest Arkansas Council, that serves as a tool for evaluating economic performance. In July 2018, the Northwest Arkansas Council created a new blueprint for development in which Northwest Arkansas is benchmarked with other contemporary, high-performing regions, namely Austin, Des Moines, Madison, Durham-Chapel Hill, Raleigh and Provo-Orem.

The 2022 report compares Northwest Arkansas with these geographies in gross domestic product, employment, unemployment, establishment growth, median household income, average annual wages, poverty, educational attainment, research and development, homeownership costs, commuting time, and average domestic airfares. The following …


Thatcherism's Triumph: How Margaret Thatcher’S Neoliberal Policies Brought Prosperity To Britain, Carl J. Demarco Jr. Oct 2022

Thatcherism's Triumph: How Margaret Thatcher’S Neoliberal Policies Brought Prosperity To Britain, Carl J. Demarco Jr.

Student Publications

By 1979, the British economy was in complete and utter disarray. Inflation was at record highs along with unemployment. The post-world war consensus was built off the idea of embedded liberalism, which stressed that the government must play a large and active role in regulating the markets and that it was in the government's interest to keep unemployment at its natural low. Similar to the United States, since the Great Depression the welfare state in Great Britain had been expanding. The post-war consensus proclaimed and exhausted the economic theories of John Maynard Keynes who believed in embedded liberalism and the …


Historical Political Economy: What Is It?, Jeffrey Jenkins, Jared Rubin Sep 2022

Historical Political Economy: What Is It?, Jeffrey Jenkins, Jared Rubin

ESI Working Papers

In this chapter, we define what historical political economy (HPE) is and is not, classify the major themes in the literature, assess the relative strengths and weaknesses of the literature, and point to future directions. We view HPE as social scientific inquiry which highlights political causes or consequences of historical issues. HPE is different from conventional political economy in the emphasis placed on historical processes and context. While we view HPE in the most inclusive manner reasonable, we define it to exclude works that are either solely of contemporary importance or use historical data without any historical context (e.g., long-run …


St. Cloud Area Quarterly Business Report, Vol. 24, No. 2, King Banaian, Mana Komai Jun 2022

St. Cloud Area Quarterly Business Report, Vol. 24, No. 2, King Banaian, Mana Komai

St. Cloud Area Quarterly Business Report

St. Cloud area unemployment reached its lowest point since measurement began in 1990, registering at 1.8% in April 2022. Area economic growth was very strong in the months leading out of the Omicron wave of the pandemic, with a majority of survey respondents reporting higher business activity in the February to April period. Over 70% reported paying higher wages and charging higher prices for their goods and services. 5 of 6 leading indicators were positive. In special questions, more than 70% of surveyed businesses did not lay off workers but of those that did a majority did not return many …


None Of Our Business: Examining The Economics And Business Dynamics Of The Library And Information Industry, Jason Folkman, Alex J. Sundt, Robert Heaton, Erica Finch, Stephanie Western, Nick Gittins May 2022

None Of Our Business: Examining The Economics And Business Dynamics Of The Library And Information Industry, Jason Folkman, Alex J. Sundt, Robert Heaton, Erica Finch, Stephanie Western, Nick Gittins

Library Faculty & Staff Presentations

Librarians are often referred to as information professionals and talk of the "information industry," but how much do we actually know about the business side of publishing and library vendors? As vendors and publishers continue to consolidate, and costs increase for libraries and our communities, the business side of libraries deserves greater scrutiny from the library community which often shies away from critically examining our role in the greater information industry. Building our awareness and engaging in critical discourse of the library industry is essential for securing our bargaining power, navigating our role as stewards of our collections, and situating …


Workforce Development: A Comparative Analysis Of Community College Governance And Funding In The Mountain West And Policy Proposals For Nevada, Peter Grema May 2022

Workforce Development: A Comparative Analysis Of Community College Governance And Funding In The Mountain West And Policy Proposals For Nevada, Peter Grema

Student Research

Nevada experienced one of the worst economic downturns in the nation following the onset of the COVID-19 pandemic, which exposed the vulnerability of Nevada workers. In his 2021 State of the State address, Governor Steve Sisolak highlighted aligning the state’s workforce development capacity with community colleges to best leverage federal funding and statewide infrastructure for jobs training and economic recovery. In addition, he said, “I will be asking the Legislature to work with the Nevada System of Higher Education over the next two years to develop a framework transitioning Nevada’s community colleges to a new independent authority that will focus …


Ending The False Perception Decoding The Characteristics Of Americans Who Fear Immigrants’ Impact On The Economy By Kate Riccardelli, Kate Riccardelli May 2022

Ending The False Perception Decoding The Characteristics Of Americans Who Fear Immigrants’ Impact On The Economy By Kate Riccardelli, Kate Riccardelli

Student Scholar Symposium Abstracts and Posters

Understanding which characteristics impact Americans' position and fears towards immigrants will generate an understanding of what drives and unleashes fear-driven behavior on immigrant populations. One particular area of public perception towards immigrants that gets a high degree of political debate is immigrants' impact on the economy. This paper will evaluate the relationship between a person's social-economic status, age, and education level towards the perception that immigrants are negatively impacting and draining the American economy. The link between a fear of immigrants and the stated characteristics will be evaluated through the Chapman Survey of American Fears, a representative national survey of …


Strengthening The Southern Nevada Workforce Pipeline, Katie M. Gilbertson May 2022

Strengthening The Southern Nevada Workforce Pipeline, Katie M. Gilbertson

Student Research

Workforce development has been a keystone in the discussion of economic diversification of Las Vegas for decades. The leisure and hospitality industry is the lifeline for the Southern Nevada economy due to the reliance on tourism as the city’s main economic driver. The leisure and hospitality industry requires physical labor and more face-to-face customer interaction than other employment sectors. Thus, these jobs often do not require high educational attainment, but rather sharp soft skills like effective listening, nonverbal communication, and negotiation strategies. While these are valuable traits, the lack of educational attainment within the leisure and hospitality workforce suppresses employees’ …


The Economic Impact Of U.S. Drone Strikes On Pakistan, Cavika Prashad May 2022

The Economic Impact Of U.S. Drone Strikes On Pakistan, Cavika Prashad

Honors College Theses

Drone strikes have a detrimental impact on the region of a nation, especially when the contact is not the targeted threat. When drone strikes are sent out, they result in consequences such as death, infrastructure damage, and consequently, unemployment increases. While proponents of drone strikes say they are precise weapons with little disruption to civilian life, this paper shows that in Pakistan, U.S. drone strikes have had an economic impact, particularly by increasing unemployment. Using an OLS model, the drone data from the Bureau of Investigative Journalism and individual survey data from the Pakistan Bureau of Statistics were used to …


American Rescue Plan Act (Arpa): City And County Budget Allocations In The Mountain West, Katie M. Gilbertson, Caitlin J. Saladino, William E. Brown Jr. Apr 2022

American Rescue Plan Act (Arpa): City And County Budget Allocations In The Mountain West, Katie M. Gilbertson, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet details how city and county governments within the Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah allocated funds from the State and Local Fiscal Recovery Fund (SLFRF) portion of the American Rescue Plan Act (ARPA). Brookings Metro in partnership with the National League of Cities and the National Association of Counties created the “Local Government ARPA Investment Tracker” to display how communities across the country allocate this financial resource. This interactive site allows budget information from cities and counties to be added as such decisions are made.


Eco 211: Introductory Microeconomics Oer Curation, Chealsye Bowley Apr 2022

Eco 211: Introductory Microeconomics Oer Curation, Chealsye Bowley

Curated OER Collections

This OER curation is an annotated bibliography of prospective OER for the GVSU course ECO 211: Introductory Microeconomics.


Economics Of Red Wolf Reintroduction, Logan West Apr 2022

Economics Of Red Wolf Reintroduction, Logan West

Environmental Studies Senior Seminar Projects

In any animal reintroduction, one main component that is heavily evaluated is the economics of the reintroduction process of introducing an endangered animal to a specific area. Red wolves in specific, have a strong economic correlation between ecotourism and economics, as red wolves are an almost extinct species. In this analysis, I examined the economics of ecotourism as a benefit for red wolf reintroduction into the Delmarva. Additionally, I further examined how ecosystem services are an additional benefit to the economics in Delmarva. I used two case studies in my analysis to determine if the Delmarva Peninsula would enhance economically …


National Debt: The Balloon That Won’T Come Down, Mark D. Weinstein Apr 2022

National Debt: The Balloon That Won’T Come Down, Mark D. Weinstein

News Releases

Dr. Jeff Haymond, dean of the Cedarville University School of Business and professor of economics, is heading up a three-person panel on April 11 to discuss, “National Debt: Default or Debauchery Dead Ahead.” The event is open to the public and will be held in the Center of Biblical and Theological Studies Room 104 at Cedarville University.


Climate Change And Culture On The Mekong, Alexander J. Ham-Kucharski Apr 2022

Climate Change And Culture On The Mekong, Alexander J. Ham-Kucharski

Student Work

The study focuses on the effects of climate change on the Mekong River Valley countries of China, Myanmar, Laos, Thailand, Cambodia, and Vietnam, and how fishing industry and culture and tradition is affected by climate change in these communities.

This research was the culminating project from research completed in Dr. Pronoy Rai's INTL 407 Senior Seminar on Climate Change.


Young Unemployed People Rebel: A Political Economy Law Or Assumption?, Lacey L. Weynand Apr 2022

Young Unemployed People Rebel: A Political Economy Law Or Assumption?, Lacey L. Weynand

Student Publications

In this paper, I investigate the validity of the widely held assumption that high rates of youth unemployment will lead a state to experience internal armed conflict. I hypothesize that as youth unemployment rates increase, a state will have a larger number of internal armed conflicts occur annually. This can happen via three causal mechanisms: 1) opportunity cost calculations; 2) private frustrations, resentment, and feelings of stagnation turning into public grievances; 3) and emotional and psychological triggers leading to participation in violent insurgent activities. I find that while youth unemployment does have a statistically significant influence on the number of …


Unmasking Climate Change: How The Impacts Of Global Warming Alter Disease Spread And Discovery, Ellie Potts, Andy Bunn, Adam Wright Apr 2022

Unmasking Climate Change: How The Impacts Of Global Warming Alter Disease Spread And Discovery, Ellie Potts, Andy Bunn, Adam Wright

WWU Honors College Senior Projects

What is the relationship between global temperature increase and the number of communicable disease cases, and is this relationship stronger for denser populations? Climate change and communicable diseases are two intertwined global issues. Since the start of the COVID-19 pandemic, business owners, governments, and general consumers have all realized the scale of benefits and risks of an internationally integrated global economy, and how our level of urbanization can cause rapid disease spread. This pandemic has uncovered our lack of preparation for global emergencies. Climate change not only poses a global emergency but will also increase our world’s likelihood of diseases. …


Life Skills And Economics: Mrs. Shelley's Special Education Jr. High Student Experience, Shelley Douglas Apr 2022

Life Skills And Economics: Mrs. Shelley's Special Education Jr. High Student Experience, Shelley Douglas

IPS/BAS 495 Undergraduate Capstone Projects

The problem starts with students having a lack of skill and understanding when stepping out on their own. Teaching students skills now will help them become successful members of society. Students who learn life skills early and this will not only build self-confidence but their long term success in life.

Students in my current Jr. high do not have an understanding of basic life skills including economic skills like personal finance. I built a program to teach the lacking skills to my Jr. high students. I use Google sites, Google Classroom and other resources to support my plan. Some of …


Essay Competition Lands Student At National Economics Conference, Mark D. Weinstein Mar 2022

Essay Competition Lands Student At National Economics Conference, Mark D. Weinstein

News Releases

What do space travel, Elon Musk and entrepreneurship have in common? Cedarville senior Whitton Rice has the answer, which landed him a trip to the Association of Private Enterprise Education's annual economics conference in Las Vegas April 3-5. Rice will defend his research to professionals in the field, while also competing at the national economics conference.


American Foreign Direct Investment In Morocco: How Can We Help?, Dylan Patrick Mar 2022

American Foreign Direct Investment In Morocco: How Can We Help?, Dylan Patrick

Honors Theses

As the flurry of modern-day threats begins to take their toll on the world, it has never been more crucial to examine interstate relationships. In this pursuit, this paper investigates contemporary American foreign direct investment efforts in Morocco by asking the following questions: (1) what areas of the Moroccan economy are in the most trouble; (2) how has the presence of American foreign direct investment impacted Morocco; and (3) how can these American-led efforts be improved? By answering these questions using case studies, this paper provides policy recommendations that can begin to alleviate some of the problems facing the Northwest …


Agricultural Carbon Markets: How Could They Work?, Andrew Havens Mar 2022

Agricultural Carbon Markets: How Could They Work?, Andrew Havens

Honors Theses

The resurgence of voluntary markets in which consumers can purchase carbon credits generated by agricultural carbon sequestration has brought up many questions for farmers looking to potentially enter the market. Past carbon markets, such as the Chicago Climate Exchange, ended when a recession hit, causing demand for credits to swiftly decline. How can modern voluntary markets face these challenges along with new ones and be successful? This research paper, completed as an undergraduate thesis project at the University of Nebraska-Lincoln, examines the economic and scientific factors behind soil carbon sequestration credits. An extended literature review combined with estimation of a …


A Guide To Creating Core Ocean Gdp Accounts, Charles S. Colgan Mar 2022

A Guide To Creating Core Ocean Gdp Accounts, Charles S. Colgan

Publications

Start with a simple question. What does the ocean contribute to the national economy? This might seem like a trivial question. After all, the contributions of other major natural resources such as agriculture or forest products are regularly counted as the output of farming, food, and fibre industries along with lumber and other forest products. But in most countries, there is no identifiable “ocean economy”. Industries like marine transportation or fishing are accounted for, but nothing that ties all the varied ocean-related economic activity together. Without a deliberate effort to identify and measure all relevant economic activity related to the …


Survey Of The Labor Market For New Ph.D. Hires In Economics 2022-23, Mervin Jebaraj, David Sorto, Raja Kali Jan 2022

Survey Of The Labor Market For New Ph.D. Hires In Economics 2022-23, Mervin Jebaraj, David Sorto, Raja Kali

Labor Market Survey

This year, the survey questionnaire was sent to 369 organizations. Questionnaires were returned by 144 organizations (39.0 percent). Of this year’s responses, 86 (59.7 percent) were from those who responded to the last survey conducted for the 2021-22 academic year. Among the academic institutions responding, the distribution of highest degrees offered was as follows: Ph.D.—56.3 percent; Master’s—8.3 percent and Bachelor’s—34.7 percent.

The responses are reported for all respondents, and separately for Ph.D. Degree granting institutions and for schools whose highest degree offered is the Bachelor’s or Master’s Degree. Data for the top 30 institutions in the revised National Research Council’s …


The Progressives' Antitrust Toolbox, Herbert J. Hovenkamp Jan 2022

The Progressives' Antitrust Toolbox, Herbert J. Hovenkamp

All Faculty Scholarship

The period 1900 to 1930 was the Golden Age of antitrust theory, if not of enforcement. During that period courts and scholars developed nearly all of the tools that we use to this day to assess anticompetitive practices under the federal antitrust laws. In subsequent years antitrust policy veered to both the left and the right, but today seems to be returning to a position quite similar to the one that these Progressive adopted. Their principal contributions were (1) partial equilibrium analysis, which became the basis for concerns about economic concentration, the distinction between short- and long-run analysis, and later …


The Pittsburg Micropolitan Area Economic Report, Quarter 2, 2022, Pittsburg State University. Gladys A. Kelce College Of Business Jan 2022

The Pittsburg Micropolitan Area Economic Report, Quarter 2, 2022, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.


The Pittsburg Micropolitan Area Economic Report, Quarter 1, 2022, Pittsburg State University. Gladys A. Kelce College Of Business Jan 2022

The Pittsburg Micropolitan Area Economic Report, Quarter 1, 2022, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.


The Pittsburg Micropolitan Area Economic Report, Quarter 3, 2022, Pittsburg State University. Gladys A. Kelce College Of Business Jan 2022

The Pittsburg Micropolitan Area Economic Report, Quarter 3, 2022, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.


Introduction To Macroeconomics, Kenny Christianson Jan 2022

Introduction To Macroeconomics, Kenny Christianson

Economics Faculty Scholarship

The textbook begins by looking at basic economic concepts and models, such as scarcity, choice, model-building, opportunity cost, production possibilities curves, comparative advantage, and supply and demand analysis. After a chapter exploring the relationships between markets and government, the text then delves into a rigorous analysis of the theory and practice of macroeconomics. Topics include the measurement of macroeconomic variables, macroeconomic models, and fiscal and monetary policy. The text emphasizes the connections between theory and policy in exploring the field of macroeconomics.


The Pittsburg Micropolitan Area Economic Profile, 2022, Pittsburg State University. Gladys A. Kelce College Of Business Jan 2022

The Pittsburg Micropolitan Area Economic Profile, 2022, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Profile is created by the Business and Economic Research Center (BERC) at Pittsburg State University.