Economics Commons^™

Covid-19: Payment Protection Program (Ppp) Loan Impact In The Mountain West, Eshaan Vakil, Elia Del Carmen Solano-Patricio, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet summarizes the impact of COVID-19 relief loans on small businesses in 5 Mountain West states: Arizona, Colorado, Nevada, New Mexico, and Utah. Using data reported by the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), researchers at Brookings report, “across metro areas, COVID-19 relief loans are helping some places more than others.” This fact sheet explores the geographic distribution of PPP loans in 20 “very large,” “large,” “midsize,” and “small” metropolitan statistical areas (MSA) in the Mountain West.

Economic Impact Study: United Methodist Community House Expansion, Christian Glupker, Leslie Muller, Julie Cowie, Grand Valley State University

Other Faculty Publications

In 2019, United Methodist Community House (UMCH) commissioned IFF, a real estate consulting firm, to perform a strategic facility plan. This strategic plan’s needs assessment included the following: A new senior center, expanded child development center, and relocation of administrative offices.

Seidman Research Office at Grand Valley State University was retained by UMCH to perform an economic assessment of the IFF strategic facility plan. This economic assessment will:

(A) evaluate the economic impact of construction of proposed senior center;

(B) evaluate the economic impact of UMCH operations;

(C) evaluate the economic impact of expanded child development center; and

(D) quantify …

Traffic-Related Pedestrian Deaths In The Sun Belt Region, Madison Frazee-Bench, Caitlin J. Saladino, William E. Brown Jr.

Transportation & Infrastructure

This Fact Sheet presents data from Smart Growth America on the number of pedestrian fatalities in U.S. states and congressional districts. For the purpose of this fact sheet, the data included focus on the Sun Belt region between 2008 and 2017, highlighting areas with the highest rates of traffic-related pedestrian deaths.

Downtown Population Growth In Southwest And Mountain West Metros, Peter Grema, Eshaan Vakil, Caitlin J. Saladino, William E. Brown Jr.

Demography

Summarizing data from Brookings Metropolitan Policy Program’s May 2020 research brief “big city downtowns are booming, but can their momentum outlast the coronavirus?,” this fact sheet includes an overview of population growth in downtown and metropolitan statistical areas (MSAs) between 1980 and 2018 in the Southwest and Mountain West regions of the United States. We focus on Mountain West states (Nevada, Arizona, Colorado, Utah, and New Mexico) in our analysis. In addition, we include the metros that comprise the Southwest Megapolitan Triangle (Southern California, alongside Las Vegas, NV, and Phoenix, AZ metropolitan statistical areas).

La “Doña” È Mobile: The Role Of Women In Social Mobility In A Pre-Modern Economy, José-Antonio Espín-Sánchez, Salvador Gil-Guirado, Chris Vickers

Discussion Papers

We use data from marriage records in Murcia, Spain, in the 18th century to study the role of women in social mobility in the pre-modern era. Our measure of socioeconomic standing is identification as a don or doña, an honorific denoting high, though not neccesarily, noble status. We show that this measure, which is acquired over the lifecycle, shows gendered transmission patters. In particular, same-sex transmission is stronger than opposite-sex, for both sons and daughters. The relative transmission from fathers versus mothers varies over the lifecycle, and grandparents may have an effect on the status of their grandchildren.

Innovative Solution For Energy Supply In Rural Communities In Africa, Shilda Cardoso

International Programs

This research is a proposition of an innovative solution for energy supply in rural locations across Africa to stimulate social and economic growth. In the continuing unsolved problems in energy supply for rural communities across Africa, an Innovative solutions like solar energy can help change this status quo, and improve the lives of many people throughout the continent.

Migrasi Desa-Kota Di Indonesia: “Risk Coping Strategy Vs Investment”, Joan Marta, Akhmad Fauzi, Bambang Juanda, Ernan Rustiadi

Jurnal Ekonomi dan Pembangunan Indonesia

The study aims to analyses the reasons behind migrations motives among rural household based on household and area origin characteristic. The study used IFLS data of 2007 and 2014 consisting 2,581 household samples spreading in 13 provinces. Binomial and multinomial logit model was used to estimate probability to migrate based on migration motive. We found the contradictory effect of household income on decision to migrate between motives. Income has negative effect in risk coping as migration motives, otherwise have positive effect in investment motive.

Ketimpangan Penghasilan Berdasarkan Status Pekerjaan Dalam Model Imbal Jasa Pendidikan, Nenny Hendajany, Deden Rizal

Jurnal Ekonomi dan Pembangunan Indonesia

The study aimed to see income disparities between employment status in return on education from 2000 to 2014 using IFLS data. First, this study analyzes the choice of worker status with the multinomial logit method. Second, this study estimating return on education by entering a correction from the first stage. The results show marginal differences in effects between job status. The smallest return on educational was on the status of self-employed employment, and the biggest was working with the help of permanent workers. Differences return indicate income inequality based on their employment status. Return on education declined from 2000 to …

Climbing To 1011: Globalization, Digitization, Shareholder Capitalism And The Summits Of Contemporary Wealth, David A. Westbrook

Journal Articles

While we may find many sorts of inequality in the United States and elsewhere, this essay is about the specific form of inequality exemplified by Jeff Bezos or Bill Gates, that is, the Himalayan summits of contemporary wealth, mostly in the United States. Such wealth results from the confluence of three historical developments.

First, the social processes referred to under the rubric of “globalization” have created vast markets. A dominant position in such markets leads not only to great wealth, but the elimination of peers. Since there are few such markets, relatively significant wealth is possessed by very few people. …

Transportation Affordability In The Mountain West, Saha Salahi, Kelliann Beavers, Elia Del Carmen Solano-Patricio, Caitlin J. Saladino, William E. Brown Jr.

Transportation & Infrastructure

This Fact Sheet highlights “The Most and Least Affordable Cities For Public Transit” in the Mountain West. Extracting from Paul Reynolds’ analysis of over 70 transit system across the United States from 2014 to 2015, this fact sheet focuses on data for the 7 municipalities in the Mountain West: Albuquerque, NM; Ogden, UT; Boulder, CO; Phoenix, AZ; Las Vegas, NV, Salt Lake City, UT, and Denver, CO.

The Effects Of The African Continental Free Trade Agreement On Africa's Regional Economic Communities: An Empirical Analysis, Elizabeth Zhu

Undergraduate Economic Review

This study examines the economic effects of the African Continental Free Trade Agreement (AfCFTA) on three regional economic communities in Africa: COMESA, ECOWAS, and CEMAC. It scrutinizes the effects of the agreement on Africa’s largest trading partners: the EU, China, and America. Three scenarios are modelled using the GTAP CGE model: a removal of tariffs on 97% of goods, a removal of non-tariff barriers, and a combination of the previous two scenarios. The findings show that the welfare of all African regions increases due to AfCFTA, but to varying degrees, with CEMAC benefiting the least of the three regional blocs.

Opportunity In Ohio: Rethinking Northeast Ohio's Opportunity Zones With Local Legislation, Patrick J. Lipaj

Cleveland State Law Review

Welcome to Census Tract 1186.02! Here, in a small sliver of Cleveland’s Glenville neighborhood, tucked between Superior and Hough Avenues, you will uncover a lot. You will discover a rich history of the city’s ethnic and cultural roots. You will also find gang violence, underperforming schools, a median household income of $9,526, and a poverty rate of 66.5 percent. Something you will not find in 1186.02 is investment. Private or public, money is not flowing in to 1186.02 and it has not for a long time. The substantial toll of continuous underinvestment on the residents of this neighborhood, one of …

4 Lessons In Digital Transformation From The Lucrative K-Pop Industry, Singapore Management University

Perspectives@SMU

K-pop is set to become one of the most lucrative industries in the world thanks to digital transformation, and this provides important insights and lessons for businesses more broadly, says UNSW Business School's Felix Tan

Analysis Of The Causal Link Between Economic Growth And Development In Nigeria (1960-2019), Muhammad Umar

Bullion

Taking cognizant of Nigeria's recent policies toward translating growth to meaningful development, this study aimed at analysing causality amid economic growth and development using annual series from 1960-2019.The study engaged vector autoregressive method by embracing Toda and Yamamoto 1995 model. The results reveals a bidirectional causality between economic growth and dependency ratio; population growth rate and economic growth and also it reveals the evidence of uni-directional causality from dependency ratio to life expectancy and from population growth to life expectancy. But economic growth and life expectancy as well as dependency ratio and life expectancy does not present evidence of causality.

Is Central Bank Of Nigeria Pursuing Preferential Development Finance? Some Parametric And Non-Parametric Evidence, Xavier-Itam A. Okon

Bullion

As encompassing as the development finance interventions of the Central Bank of Nigeria are, there appears to be a preference for the agricultural sector and the manufacturing sub-sector. The study applied the parametric ANOVA and the non-parametric Kruskal-Wallis Tests, to inferentially determine whether this is, indeed, the case. Findings, however, indicate that the intervention intensity is equal for all sectors, implying the Bank adopts a holistic, rather than preferential, approach to its development finance practice. This strategically engenders, among others, uniform development, inclusive growth and economic diversification. The interventions should be sustained and their coverage extended to other crucial sub-sectors …

Efficiency Gain Argument Of Fiscal Federalism And Economic Growth: Evidence From Five Selected Developing Federal Economies, Hyacinth E. Ichoku, Walter O. Ugwuoke

Bullion

This paper investigated efficiency gain argument of fiscal federalism and economic growth with evidence from five selected developing federal economies. The curiosity is to ascertain whether the efficiency gain –the fundamental argument why countries adopt fiscal federalism is justified in these economies. The paper uses stochastic frontier model to achieve this objective. The evidence from the selected developing federal economies revealed diverging results. While in Nigeria, Ethiopia and India there is more expenditure decentralization than revenue decentralization suggesting that efficiency gains from fiscal federalism may remain elusive, in Brazil and South Africa there is more revenue decentralization than expenditure decentralization …

Essays In Macroeconomics Of Emerging Markets, Miguel Acosta Henao

Dissertations, Theses, and Capstone Projects

Chapter 1. Law enforcement and the size of the informal sector.

I assemble new cross-country evidence showing that contrary to the standard view, the relationship between the size of the informal sector and tax rates is, at best, ambiguous. Law enforcement and informality also show no clear relation. Motivated by these findings, I augment a standard two-sector (formal and informal) small open economy model with endogenous law enforcement that depends on the size of the informal sector (measured by its assets) and government expenditure. I use a micro-dataset from Colombia to show that both taxes and law enforcement are necessary …

Education, Inclusive Growth And Development In Nigeria: Empirical Examination, Emmanuel Onwioduokit

Bullion

Fundamental changes in the intellectual and social stance of any society have always been preceded by educational renaissance. This paper investigates the role of education in achieving and sustaining economic development in Nigeria. Abstracting from the theory, the paper examines education in Nigeria, its enhancing, including comparative analysis with selected African countries and its connection with economic development. The ARDL model was adopted to examine both the short run and long run relationships between education and development proxied by HDI and education and economic growth within the context of inclusive growth model. Evidence from the estimated long run ARDL model …

When Crises Happen: Coronavirus And What We Expect For Global Growth, Waqas Adenwala

Asian Management Insights

An unflinching take on the negative effects on growth from both demand and supply channels.

Consumption, Investment, Integration And Digitalisation Lead Growth In Asia, Piyush Gupta, Havovi Heerjee Joshi

Asian Management Insights

An interview with Piyush Gupta, Chief Executive Officer and Director of DBS Group, about the Asia growth story and the future of banking.

Do Rural Health Worker Incentive Schemes Work? Evidence From Thailand, Pallavi Panda, Pasita Chaijaroen

School of Business

This paper studies supply-side health interventions, which increased the monetary incentives and number of health professionals in the Deep South provinces of Thailand, and provides evidence on the effectiveness of provision of primary care providers on the health care utilization of the community. We use a difference-in-differences approach to estimate effects of this policy on child health by evaluating the probability of immunizations in the policy affected areas using two rounds of the Multiple Indicator Cluster Surveys (MICS). We find that after the policy implementation, there is a decrease in immunizations that are given to children within 2 months and …

Neighborhood Change In Las Vegas, Elia Del Carmen Solano-Patricio, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This Fact Sheet analyzes indicators of demographic and economic change in Las Vegas neighborhoods and suburbs, provided by “American Neighborhood Change in the 21st Century,” a study published by the Institute on Metropolitan Opportunity (IMO) at the Minnesota Law School. Researchers reviewed data from the 2000 U.S. Census and the 2016 American Community Survey (ACS) for the top 50 largest metros in the U.S. The study reports levels of neighborhood change, including economic growth, poverty concentration, gentrification, and low-income displacement. Data pertaining to the Las Vegas metropolitan region are synthesized to measure indicators of economic viability and housing availability.

Increasing Odds: The Impact Of Casino Gaming Size, Location, And Economic Stream Style Differences On County Revenue In Pennsylvania, Brandon W. Koch

Dissertations

As county administrators seek new revenue streams, casino gaming becomes a valuable local revenue production mechanism. Recently, Pennsylvania has been vastly successful with developing a conunercial casino market. The American Gaming Association in 2017 found that Pennsylvania has the largest sole commercial casino industry and highest effective tax rate in the United States. The case study of the Pennsylvania gaming industry is utilized to investigate plannable casino born factor impacts on county revenue. State and local regulations dictate the method and location (plannable factors) of permitted casino gaming via quotas and licensure. Casino born factors created as a result of …

Improving The Economy Of Local Communities Through Innovation Of The Potential Of Shariah-Based Natural Tourism In East Java, Maula Fadhilata Rahmatika, Agus Suman

International Journal of Religious Tourism and Pilgrimage

An area will experience rapid progress if local government alongside the community is able to develop local potential with various innovations. This study aims to describe the potential of nature and innovation by the government alongside the community based on Shariah when creating tourism destinations with economic value. The research was conducted in the coastal environment of Santen Island of Banyuwangi district, East Java with a qualitative approach to the research and case study design. Data were collected through participatory observation, in-depth interviews, and document analysis. With interactive data analysis, it was found that the Shariah-based innovation conducted by the …

Anchorite Sacred Caves In Serbia: Balancing Between Pilgrimage And Religious Tourism Development, Aleksandar Antić

International Journal of Religious Tourism and Pilgrimage

Serbia is a country with diverse karst terrain, full of various surface and underground karst formations. This terrain is one of the factors that influenced the development of cultures and civilizations in this area. Many archaeological findings indicate that prehistoric people found refuge, safety and peace in many caves in present-day Serbia. The natural environment has also influenced many spiritual endeavours, which have shaped cultural identities throughout history. In this study, Orthodox anchorite sacred caves in Serbia are explored, as well as their related pilgrimage activities and potential for religious tourism development. For the purpose of this research, three pilgrimage …

Projects Of Economic And Social Development In The Global South: The 20th And 21st-Century Developmental Trends And Their Impacts, Malachi Okechi Chukwu

2020 Symposium Posters

In the 1950’s Western countries promised to promote economic development in the underdeveloped world. However, the Global South remains behind, trapped in abject poverty. Eurocentric literature produced by mainstream scholars of economic growth in the past seven decades has continually promoted Structural Adjustment Programs and Millennium Development Goals designed to improve the Global South. Tragically, each of the West’s prescribed economic models failed at the expense of people of the Global South. The failure of Western promised growth led to an opportunity for China to offer an alternative model. Additionally, the long-term effects of the prescribed models of development have …

Metro Monitor 2020: Las Vegas & Reno, Elia Del Carmen Solano-Patricio, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This Fact Sheet presents changes in indicators of economic health for the State of Nevada using data provided by the Brookings Institution’s Metro Monitor analysis. Looking beyond gross domestic product (GDP) and job growth, researchers at Brookings’ Metropolitan Policy Program measure various indicators of economic well-being across 192 metropolitan statistical areas (MSAs) for a 1-year period (from 2017-2018) and a 10-year period (from 2008-2018). Metro areas are classified by size: midsized metros (with populations between 250,000 and 500,000), large metros (with populations between 500,000 and 1 million), and very large metros (with populations over 1 million). For the purpose of …

Assessing The Determinants Of The Human Development Index In Oil-Dependent Nations, Adrian Fossaceca

Undergraduate Economic Review

Numerous rentier states from around the world derive all or a fundamental portion of their national revenues from the rent of natural resources. These revenues are essential for the policy-making strategies pertaining to social welfare programs and for the funding of development projects within the country. In order to determine the effectiveness of rentier states in terms of development promotion, this paper will utilize the Human Development Index (HDI) as a proxy variable for development levels. Regression analysis indicates that a substantial proportion of the variation of the Human Development Index in oil-dependent economies can be explained by the adolescent …

The Effect Of Sex Of Firstborn Children On Attitudes Towards Intimate Partner Violence, Shuvam Rizal

Master's Theses

What are the different ways in which one’s life is influenced by the sex of their children? Is there an effect on how they view Intimate Partner Violence? If so, is there a difference in how the male parent is affected by the sex of his child than the female parent? Bodies of conflicting Social Sciences literature suggest having a daughter makes one both more and less likely to engage in Intimate Partner Violence. In this paper, I approach this question through the use of a Linear Probability Fixed-Effects model on Demographic Health Surveys (DHS) datasets, using data from the …

Mentoring Effects On Microbusiness Growth In Medellín, Colombia, Diana Herrera

Master's Theses

Microbusinesses are stagnant in growth across least developed countries due to their lack of managerial skills and limited access to the credit market. Current business methods aimed at increasing profitability for microentrepreneurs with limited capital in developing countries are only moderately successful in increasing growth. Having a mentor that has a localized business understanding can provide their mentee with the proper guidance on how to effectively manage their business to increase growth. This paper presents the results for a randomized controlled trial which identifies the average treatment effects of meeting with a mentor and observes the impact on business growth …