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Articles 1 - 11 of 11

Full-Text Articles in Social and Behavioral Sciences

Economic Outlook Heading Into 2012, Emmanuel Opoku, Scott W. Fausti Dec 2011

Economic Outlook Heading Into 2012, Emmanuel Opoku, Scott W. Fausti

Economics Commentator

No abstract provided.


An Assessment Of Eda's Partnership Planning Program, George A. Erickcek, Brad R. Watts, Larry Ledebur, Claudette Robey, Daila Shimek, Kevin O'Brien, Andrew Batson, Jim Robey, Jacob Duritsky, Kim Merik Aug 2011

An Assessment Of Eda's Partnership Planning Program, George A. Erickcek, Brad R. Watts, Larry Ledebur, Claudette Robey, Daila Shimek, Kevin O'Brien, Andrew Batson, Jim Robey, Jacob Duritsky, Kim Merik

Reports

This report examines EDA‘s Partnership Planning Program, which consists of Economic Development Districts (EDDs) and the Comprehensive Economic Development Strategies (CEDS) they are required to create, and provides recommendations as to how the program could be improved to lead effective regional development strategic efforts.


Fdi, Education, And Economic Growth: Quality Matters!, Miao Wang, M. C. Sunny Wong Jun 2011

Fdi, Education, And Economic Growth: Quality Matters!, Miao Wang, M. C. Sunny Wong

Economics Faculty Research and Publications

In this paper, we revisit the results from the influential study by Borensztein et al. (Journal of International Economics 45:115–135, 1998), which argues that inward foreign direct investment (FDI) promotes the economic growth in a less developed host country only when the host country obtains a threshold level of secondary schooling. Borensztein et al. (Journal of International Economics 45:115–135, 1998) only focus on the quantity of education. We take into consideration both the quantity and the quality of education. We adjust the original schooling data in Borensztein et al. (Journal of International Economics 45:115–135, 1998) by two quality of education …


Comparative Growth Dynamics In A Discrete-Time Marxian Circuit Of Capital Model, Deepankar Basu Jun 2011

Comparative Growth Dynamics In A Discrete-Time Marxian Circuit Of Capital Model, Deepankar Basu

Economics Department Working Paper Series

This paper develops a discrete-time formalization of the circuit of capital model presented by Marx in Volume II of Capital Marx (1993) as a tool for aggregate economic analysis of capitalist economies. The discrete-time formalization closely follows and extends the continuous-time formalization in Foley (1982, 1986a). The discrete-time model is used to address two important issues of interest to the heterodox economic tradition: profit-led versus wage-led growth, and the growth-reducing impact of non- production credit. First, it is demonstrated that both profit-led and wage-led growth regimes can be accommodated within the Marxian circuit of capital model. Second, it is demonstrated …


Telecommunications Investment And Economic Development: Evidence From A Panel Of Sub-Saharan Africa (Ssa), Chali Nondo, Mulugeta Kahsai Mar 2011

Telecommunications Investment And Economic Development: Evidence From A Panel Of Sub-Saharan Africa (Ssa), Chali Nondo, Mulugeta Kahsai

Regional Research Institute Working Papers

The objective of this paper is to study the role of government effectiveness, institutional and political factors in aggregate output and telecommunications penetration in SSA countries. The contribution of these factors in aggregate output and telecommunications evolution is examined using a framework that accounts for the endogeneity and interactions between aggregate output and telephone penetration rates. Results from the study indicate that government effectiveness is an important determinant for aggregate output. Another supplemental finding is that the incessant political upheavals in SSA countries have a detrimental effect on aggregate output. From this, we endorse that SSA countries should design and …


When Will Us Employment Recover From The Great Recession?, Randall W. Eberts Jan 2011

When Will Us Employment Recover From The Great Recession?, Randall W. Eberts

Periodical Articles

No abstract provided.


The Role Of Institutional Quality In Fdi Inflows In Sub-Saharan Africa, Mulugeta Kahsai, Yohannes G. Hailu, Chali Nondo, Peter V. Schaeffer Jan 2011

The Role Of Institutional Quality In Fdi Inflows In Sub-Saharan Africa, Mulugeta Kahsai, Yohannes G. Hailu, Chali Nondo, Peter V. Schaeffer

Regional Research Institute Working Papers

During the period 2000 to 2008, Africa’s collective GDP grew at an annual rate of 4.9 percent. Even though previous studies argue that strengthened and improved institutional quality is key determinant for attracting foreign direct investment to Africa, we find no evidence to that effect. Using a panel data for 45 Sub-Saharan African countries (SSH), we estimate the role of institutional quality (governance) in attracting FDI inflow during the 1996-2007 period. After controlling for country and time specific effects and the economic environment of the host country, we find no significant evidence of the impact of institutional quality on FDI …


A Time Series Investigation Of The Impact Of Corporate And Personal Current Taxes On Economic Growth In The U.S., Peter J. Saunders Jan 2011

A Time Series Investigation Of The Impact Of Corporate And Personal Current Taxes On Economic Growth In The U.S., Peter J. Saunders

Economics Faculty Scholarship

This paper investigates the impact of corporate income taxes and personal current taxes on economic growth. Time-series tests analyzing the relationship between corporate taxes and nonresidential investment are implemented. Also tests of the impact of personal current taxes on the labor supply, approximated by the average weekly overtime hours in manufacturing, are undertaken. These tests include cointegration, vector error correction (VEC) estimation, and Granger causality testing of the relevant time-series data. Cointegration tests indicate the existence of a stable long run relationship between corporate taxes and nonresidential investment. Further investigation of this relationship is undertaken within the VEC testing framework. …


Public Policy, Human Instincts, And Economic Growth, Jonathan B. Wight Jan 2011

Public Policy, Human Instincts, And Economic Growth, Jonathan B. Wight

Economics Faculty Publications

Alfred Marshall famously insisted that economics is more like biology than physics. Societies are organic ecologies that evolve and produce organized but unplanned complexity (Hayek 1979). Although no public policy reliably produces economic growth across all ecosystems, a key element unites diverse institutions and policies that do seem to work: they all are reasonably compatible with human instinct. Institutions that build on the basic instinct for self-betterment (as in markets) have a much easier time in achieving success than institutions that oppose it (as in communism). Instincts, like gravity, are a force of nature. Adam Smith theorized, for example, …


The Paradoxical Effect Of Intercity Transportation And Communications Infrastructure On Urban Concentration: The Dispersion-Concentration Model, Alvaro Ballarin Cabrera Jan 2011

The Paradoxical Effect Of Intercity Transportation And Communications Infrastructure On Urban Concentration: The Dispersion-Concentration Model, Alvaro Ballarin Cabrera

Economics Honors Projects

This study examines the effect of intercity transportation and communications infrastructure on urban concentration on a sample of 84 countries between the years 1960 and 2010. By comparing the effects of interregional transportation and communications infrastructure on primacy and urbanization, I find that (1) such investments promote population dispersion amongst connected areas and (2) population concentration from unconnected locations into connected ones. Therefore, intercity transportation and communications infrastructure is only effective at reducing excessive concentration when the dispersion effect exceeds the concentration effect.


The Myth Of Endless Accumulation: A Feminist Inquiry Into Globalization, Growth, And Social Change, Martha Freymann Miser Jan 2011

The Myth Of Endless Accumulation: A Feminist Inquiry Into Globalization, Growth, And Social Change, Martha Freymann Miser

Antioch University Full-Text Dissertations & Theses

This theoretical dissertation examines the concept of growth and its core assumption—that the continual accumulation of wealth is both socially wise and ecologically sustainable. The study challenges and offers alternatives to the myth of endless accumulation, suggesting new directions for leadership and social change. The central question posed in this inquiry: Can we craft a more ethical form of capitalism? To answer this question, the study examines conventional and critical globalization studies; feminist scholarship on standpoint, political economy, and power; and the Enlightenment notions of progress and modernism, drawing on a number of works, including Aristotle on the three intelligences, …