Economics Commons^™

Understanding Factors Influencing Electric Vehicle Adoption: Evidence From Panel Data Analysis, Ryker Brian

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

This paper investigates the factors influencing the adoption of electric vehicles (EVs) using panel data from California. The analysis employs a panel data model with within effects to examine the relationship between EV adoption rates and various socio-economic factors. The continued analysis gives out-of-sample forecasted results for the 4 counties with the highest share of electric vehicles registered in 2021. Additionally, the paper explores the influence of supply-side issues and complementary infrastructure on EV adoption. An introduction to Hidden Markov Methods is then given as the next step in the research.

The Role Of Filipino Conglomerates In The Nation's Development, Jesus Felipe

Angelo King Institute for Economic and Business Studies (AKI)

Could the country's small and medium companies be the engines of transformation that it needs to attain and sustain the 6.5-8 percent annual growth targeted in the Philippine Development Plan 2023-2028? I doubt it. They have neither the knowledge nor the financial muscle to do it.

There is another group of companies that could lead the way. These are the large conglomerates of the nation. They have much better knowledge of the economy and financial power. Yet, in general, they do not innovate or export. Instead, they are into non-tradable activities (real estate, banking, distribution, insurance, construction, telecommunications and food). …

An Analysis Of Capital Flow To Construct An Economic Typology In A Comparative Case Study Of Three Ancient Cities: Third Kingdom Of Ur, New Kingdom Of Thebes, And Classical Athens, Darrell Gremillion

Dissertations

This dissertation adds to the literature on Economic Development through the development of a Typology of Economy applicable to the earliest cities. Understanding the evolution of these early economies is a crucial step in understanding the past to assist in the establishment of policies for the future. This is especially important in the light of the environmental and sustainability challenges facing the globe today.

The cities in the comparative case study include the Third Dynasty of Ur in Mesopotamia, the New Kingdom of Thebes in Egypt, and Classical Athens in Greece. These cities are chosen for the case study for …

Evaluating The “What’S Up Down South” Economic Summit: A Platform For Business Leaders To Share Ideas, Paul A. Hill, Amanda D. Ali

Outcomes and Impact Quarterly

The What’s Up Down South economic summit is southern Utah’s largest business gathering. The event provides the business community with economic insights to assist them in making informed decisions. USU Extension evaluated the 27^th annual What's Up Down South economic summit. Results showed the event was an effective platform for disseminating information and advancing knowledge on economic and business topics. Participants felt the summit provided a valuable experience to the business community. These findings support the continuation of the summit's information dissemination activities in the future.

Monitoring The Philippine Economy State Of The Economy Report, Mitzie Irene P. Conchada, Lawrence B. Dacuycuy, Jesus Felipe, Desher Edgar Empeño, Brendan Emmanuel A. Miranda

Angelo King Institute for Economic and Business Studies (AKI)

The Philippine economy recovered from the COVID-19 pandemic during 2022. It posted a very high annual growth rate, 7.6%, although this must be understood in the context of a low base. AKI’s State of the Economy Report focuses on three issues in the context of the new Administration’s 8-Point Socioeconomic Agenda and the Philippine Development Plan 2023-2028: growth, inflation, and the fiscal deficit and national debt. Overall, we have a positive view of the economy over the medium and long-term. However, we argue that:

-The focus of economic policy has to shift decisively toward changing the structure of the economy …

Philippine Structural Transformation - With Or Without Maharlika, Jesus Felipe, Mariel Monica R. Sauler, Gerardo L. Largoza, Lawrence B. Dacuycuy, Christopher James R. Cabuay, Jason P. Alinsunurin, Arlene B. Inocencio, Albert E. Lamberte, Natasha Amber Y. Cabiltes

Angelo King Institute for Economic and Business Studies (AKI)

It appears the Maharlika Investment Fund (MIF) is a fait accompli. As we write, our finance officials are in New York and Toronto, pitching the MIF to international bankers and representatives of Middle East sovereign wealth funds. This means once President Marcos, Jr. affixes his signature, a newly-created Maharlika Investment Corporation (MIC) will pool, before the year is over, PhP 75 billion in seed capital from the LandBank and Development Bank of the Philippines. With a further PhP 50 billion plus two full years of dividends from the Bangko Sentral ng Pilipinas (BSP), its nine directors, all presidential appointees, will …

Economic Transformation And Growth In The Philippines: An Analysis Of Political Settlements, Rents, And Deals, Jesus Felipe, Desher Edgar Empeño, Brendan Emmanuel A. Miranda

Angelo King Institute for Economic and Business Studies (AKI)

The main gateway for the Philippines to develop and become an upper-middle-income economy—and eventually, a high-income economy—is to expedite the shift of workers out of agriculture and to produce and export more complex products with a higher income elasticity of demand. The actual growth rate is constrained by the balance-of-payments equilibrium growth rate, about 6%—the maximum the country can attain without incurring balance-of-payments problems. We use the Pritchett-Sen-Werker political-economy framework to analyze the role of different types of firms and the deals environment during successive Philippine administrations until the current one. Due to their economic size and political power, only …

Navigating Investor Expectations, Yong Hsin Ning, Yvette Lim

Asian Management Insights

Why start-ups need to speak the language of numbers.

Where The World Is Heading In 2023 And Beyond, Simon Baptist

Asian Management Insights

The global economy is showing resilience, despite strong headwinds. Geopolitical uncertainty remains high, while the mounting threats from climate change call for more urgent global action.

Examining The Inclusiveness Of Philippine Growth From 1991 To 2015: The Role Of Household Human Capital Inequality And Source Of Growth, Geoffrey Ducanes

Economics Department Faculty Publications

Defining inclusive growth as growth that has benefited the households who have the lowest human capital levels, this study examines the inclusiveness of economic growth in the Philippines in the past two decades. Combining information from the Labor Force Survey and Family Income and Expenditures Survey for various years, including a panel of 6,500 households from 2003 to 2009, this study classifies households into ordered groups based on human capital level, then compares the performance of the various groups in terms of various employment, income, and expenditure outcomes over time. It finds the evidence to be mixed, although the weight …

Rainy Day Funds In The Mountain West, Fy22, Issac Hernandez-Alcaraz, Maryam Raja, Caitlin J. Saladino, William E. Brown Jr.

Elections & Governance

This fact sheet examines data from “Record State Budget Reserves Buffer Against Mounting Fiscal Threats,” a 2023 Pew Charitable Trusts report on rainy day fund balances of U.S. states. Data includes information on the strength of rainy day funds and total balances for each Mountain West state: Arizona, Colorado, Nevada, New Mexico, and Utah.

Urban And Community Tree Cover In The Mountain West, Zachary Billot, Zachary Walusek, Annie Vong, Caitlin J. Saladino, William E. Brown Jr.

Environment

This fact sheet examines data on tree cover and impervious cover in urban land for the United States and for the five states in the Mountain West: Arizona, Colorado, Nevada, New Mexico, and Utah. The original report includes data for each of the 50 states and the District of Columbia

Shark-Diving Tourism In The Macaronesian Archipelagos: Challenges And Opportunities, Pedro Gonzáles Mantilla

ITSA 2022 Gran Canaria - 9th Biennial Conference: Corporate Entrepreneurship and Global Tourism Strategies After Covid 19

The Macaronesian region is typically heavily exploited by fisheries; however, in recent years, marine wildlife tourism has become popular and a shark-diving industry has emerged, potentially presenting an alternative for the sustainable use of sharks. Combining a literature review with interviews with dive operators conducting shark encounters in the Macaronesian archipelagos, we provide an overview of the challenges and conservation potential of shark-diving tourism for these territories. Owing to the regular presence of important shark species for tourism and the growth of the scuba-diving industry, shark-diving has potential to expand over the region. Yet, the overlap between European industrial fishing …

The Economic Analysis Of Conflicts And Peace In Autocratic And Democratic Regimes In Africa, Oluwole Owoye

Journal of African Conflicts and Peace Studies

This paper uses conceptual economics to explain how conflicts and peacebuilding are linked to economic growth/development in Africa. Both conflicts and peace have contagion effects in many countries worldwide, and in some cases, conflicts have morphed into regional and international problems. Conceptually, the monotonicity of conflicts and peace functions are invariant with respect to autocratic and democratic forms of governance in Africa. One of the main assertions of this study is that whether or not we have stable autocratic and/or democratic forms of governance, protracted conflicts have negative impact on sustainable economic growth in Africa. In addition, we found that …

Modern Slavery As A Product Of Transnational Corporate Supply Chains: An Ecofeminist Evaluation Of Systems To Address The Linkage Between Modern Slavery, Climate Change, And Gender Injustice, Miranda Kanter

University Honors Theses

Neoliberal ideologies and economics are based on the concept of endless economic growth. This growth is sustained through the use of market domination and the exploitation of the vulnerable and their resources. As pressures of economic growth place priority on industry over human and environmental health, our world faces dire consequences for its corrupt relational values. This research demonstrates the link between modern slavery, the environment-climate crisis, and gender injustice in three separate case studies of modern enslavement in transnational corporate supply chains. Through the use of ecofeminist theory, modern systems of domination and their internalizations are used as a …

An On-Ramp To Financial Inclusion: Measuring The Impact Of Mercy Corps' Community Investment Trust Program On Minority Investors, Lexi Yokote

University Honors Theses

Mercy Corps' Community Investment Trust (CIT) was launched in 2017 as a low-risk real estate investment and education initiative. The program is now working to replicate this in cities across the United States. However, it has not been able to collect much feedback from existing investors about their experiences and needs. This paper will use primary and secondary research in the form of a literature review and original surveys to collect information about investor demographics, attitudes toward the CIT and investing, risk perceptions, and future investment plans. The results show that U.S.-born versus foreign-born status, ethnicity, and gender affect the …

Revisiting Development Discourse Amidst Informal Sector Crises Covid-19 Pandemic, Anjan Chakrabarti, Pooja Sharma

International Journal on Responsibility

Amid the COVID-19 pandemic, India has experienced a severe catastrophe of the informal sector, related to both health and livelihood. The informal sector and migrant workers are closely linked and they became easy prey during the nationwide lockdown at the onset of the COVID-19 pandemic. The informal sector, primarily a fallout of the prevailing dual economy, makes it highly imperative to revisit not only India’s growth and development process but also the distribution. The paper attempts to evaluate the development process adopted by developing countries and their relevance in terms of growth and inequality. The study finds the missing link …

Analysing Pandemic Induced Economic Inequality In Developing Nations, Ravneet Kaur Bhogal

International Journal on Responsibility

The dawn of the new decade of the 21st century saw an unprecedented global crisis. This crisis led the world to halt economic and social progress. It led to a galloping increase in the economic inequality and migration of people in search of opportunities to save them from the current situation. The developing nations saw a sea of people migrating back to their roots in search of safe havens. This has led to the loss of jobs which has increased income inequality. Migrants face the risk of contagion and also the possible loss of employment, wages, and health insurance coverage. …

Formalizing Dispute Resolution: Effects Of Village Courts In Bangladesh, Martin Mattsson, Ahmed Mushfiq Mobarak

Discussion Papers

Disagreements over business deals, land boundaries, or loan non-repayment are very common sources of disputes, and courts are congested in developing countries. We evaluate the effects of the government introducing formal “village courts” (VCs) in rural Bangladesh using a randomized controlled trial with a pre-analysis plan. VCs were designed to improve dispute resolution and relieve the pressure on congested district courts. We find that VCs are more of a substitute for the ubiquitous informal dispute resolution mechanism (DRM) called shalish. VCs become functional and active in treated areas, but shalish remains the primary preferred DRM in both treatment and …

A Look At Provincial Budgets, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

Budget discussions and debates in Pakistan have historically focused on the federal government and FBR, though the provincial budgets should occupy a salient place in the aftermath of the 18th Amendment and the 7th National Finance Commission Award. This has not been the case despite the fact that the objectives of raising the tax-to-GDP ratio and efficient and effective delivery of public goods and services to the citizens can be achieved mainly through provincial budgets.

Comment : Economic Consequences Of Budgetary Options, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

Let me first concede that I have great deal of sympathy with those who have been given the responsibility for preparing the FY24 Budget. We are faced with the most difficult external and domestic circumstances. Global economic conditions and geopolitical compulsions are unfavourable.

Learning From Zambia's Economic Policy Reversals, Alan Whitworth

Southern African Journal of Policy and Development

The economic policies of Zambia’s first independent government, the United National Independence Party (UNIP), had disastrous results - turning Zambia from a middle-income into a least developed country. Following a difficult adjustment period, the Movement for Multiparty Democracy’s reversal of many UNIP policies led to over a decade of rapid growth and falling poverty. Despite their apparent success, policies such as privatisation were unpopular and the Patriotic Front administration from 2011 reverted to many of UNIP’s policies. This led once again to low growth and Zambia defaulting on its debt. As the United Party for National Development administration seeks to …

Annual Growth Of 6.5-8% Until 2028: How?, Jesus Felipe

Angelo King Institute for Economic and Business Studies (AKI)

THE KEY outcomes of President Bongbong Marcos’ Philippine Development Plan 2023–2028—to increase income per capita, reduce poverty, and create employment—rest on a necessary condition: to attain a 6.5-8% annual growth rate through 2023 to 2028. If achieved, the Philippines would resemble its East Asian neighbors, which attained similarly high growth rates decades ago. This is much needed given the still low wages and per capita income of the country. Yet, this “target” poses several questions.

The Administration’S Objective To Reduce The Fiscal Deficit To 3% Of Gdp By 2028: Why And How?, Jesus Felipe

Angelo King Institute for Economic and Business Studies (AKI)

A few weeks ago, the author attended a presentation on the Philippine economy and prospects for 2023. A discussant from the Department of Finance indicated that the Administration aims at reducing the fiscal deficit from 8.6 percent of gross domestic product in 2021 (the result of the COVID pandemic) to 3 percent by 2028. She referred to this reduction as “solid fiscal management” that “will promote long-term growth". This article argues that this is a dubious target because the government cannot control the deficit. Moreover, claiming that this reduction will promote long-term growth is poor economics. So is the idea …

Essays On Structural Transformation And Inequality, Yaoqi Lin

Dissertations, Theses, and Capstone Projects

Chapter 1: In this chapter, I replace the Cobb–Douglas production function in Acemoglu and Guerrieri (2008) with a two-sector model using the CES production technology to analyze how the U.S. capital deepening process must cause unbalanced growth. The U.S. economy is classified into labor- and capital-intensive sectors. My model shows that due to the difference in the two sectors' elasticities of substitution between capital and labor, capital deepening leads to a growing concentration of labor in the labor-intensive sector, but a continuous reallocation of capital away from this sector. This causes sector outputs to increase at different rates. Combined with …

The Livingston Survey 2023, S. Anderson, B. Bovino, M. Brown, Thomas Lam, Et Al

Sim Kee Boon Institute for Financial Economics

The 15 participants in the June Livingston Survey predict higher output growth for the first half of 2023 than they predicted in the December 2022 survey. The forecasters, who are surveyed by the Federal Reserve Bank of Philadelphia twice a year, now project that the economy’s output (real GDP) will grow at an annual rate of 1.1 percent during the first half of 2023. They expect weaker conditions in the second half of 2023, when growth is expected to be at an annual rate of -0.7 percent. Both projections represent upward revisions from those of the December 2022 survey. Growth …

Food Price And Inflation Adjustments In Nigeria: Evidence From Threshold Cointegration, Usman A. Bello, Aliyu R. Sanusi

CBN Journal of Applied Statistics (JAS)

This paper investigates two stages of transmission through which inflation stabilization policy affects headline inflation by estimating a threshold cointegration model. The paper finds that asymmetric monetary shocks passing-through food prices exerts inflationary pressure on consumer prices, and is characterized by deep asymmetric movement, large degree of stickiness in adjusting downward, while exhibiting upward momentum in correcting food price fall. In addition, asymmetries were found in consumer price adjustment as food price shock transmits substantial inflationary pressure to consumer prices, while disinflationary effect originating from a fall in food price is inconsequential. The coefficients of adjustment were found to be …

Modelling The Impact Of Government Expenditure On Economic Growth In Nigeria: The Moderating Effects Of Oil And Non-Oil Revenue, Victor U. Ijirshar, Gaius M. Asombo, Florence D. Bundepuun, Ashifa Tersugh, Ayila Ngutsav

CBN Journal of Applied Statistics (JAS)

This study examines the relationship between government expenditure and economic growth and assesses the moderating effects of oil revenue and non-oil revenue in Nigeria from 1981 to 2021. The study uncovered short-term asymmetry in the government expenditure-economic growth nexus while the long-term relationship was symmetric. The study found that government expenditure is a significant determinant of economic growth in Nigeria and that oil and non-oil revenue influences the nexus between government expenditure and economic growth in Nigeria positively. The study recommends efficient management of oil revenue, directing investments during high revenue periods and ensuring fiscal sustainability. Government should also establish …

Improving The Efficiency Of Exponential Ratio-Type Estimator For Population Median: A Calibration Weight Adjustment Approach, Mathew J. Iseh, Kufre J. Bassey

CBN Journal of Applied Statistics (JAS)

This paper modifies the Bahl and Tuteja exponential ratio-type estimator for population median under simple random and stratified sampling schemes using calibration weight adjustment technique with supplementary information to vary the stratum weights. The bias and mean square error of the modified estimator were obtained up to the second-order approximation, which satisfies the necessary conditions for efficiency. The findings show that the new estimator surpasses existing estimators in efficiency gain. This suggests the appropriateness of calibration weight modification in boosting the efficiency of a population parameter estimator under stratified random sampling especially where the population parameter of the auxiliary variable …

Designing The Future: The Influence Of Lloyd J. Reynolds On American Product Innovation, Bander Qadan

University Honors Theses

This research inquiry will explore how critical advances in American design products and consumerism can be traced back to the late Lloyd J. Reynolds and the silent yet powerful influence he has had on a generation of students, such as the innovative pioneer, Steve Jobs. Lloyd J. Reynolds was a renowned calligrapher and teacher at Reed College. The inquiry is structured chronologically, leading to Apple's 2022 valuation of about two trillion dollars. Four significant areas will be examined to trace this trajectory. Firstly, the paper examines the effects of calligraphy/typography on Lloyd J. Reynolds. Secondly, it delves into Steve Jobs’ …