Economics Commons^™

Three Essays On Sustainability Economics, Hélène Flore Nguemgaing

Graduate Theses, Dissertations, and Problem Reports (ETD)

As global economies face increasing resource dependencies and supply chain challenges, it becomes essential to understand the vulnerabilities that threaten economic stability. This dissertation investigates three empirical issues in agribusiness and critical minerals using econometric models to estimate the following: 1) the impact of supply chain disruptions on stock market returns during COVID-19; 2) the extraction of rare earth elements from acid mine drainage treatment by investigating the impacts of ownership and legislation in West Virginia and Pennsylvania; 3) China-to�FOBb (Free-on-Board) price transmission in rare earth elements markets: a copula-based dynamic tail dependence analysis.

The first essay evaluates how events …

Essays On Technological Change And Scientific Research, Max Mayca

Electronic Theses & Dissertations (2024 - present)

The primary objective of economic science has long been to understand and promote growth, as it contributes to a more prosperous civilization and improves individual well-being. The core drivers of growth—capital accumulation, human capital development, and technological progress—are well-established. While capital deepening enables scaling of production, and human capital enhances labor productivity, technological and scientific advancements remain the most critical, as they continually redefine the efficiency frontier. Given this centrality, it is essential to understand how technological progress affects labor markets, how research resources should be allocated, and how technology relates to human capital formation.

The first part of this …

A Comprehensive Usability And Economic Analysis Of Heat-Related Wearable Technologies: Applications To Occupational Health, Ryan T. Cannady

Theses & Dissertations

The purpose of this research was to analyze the usability and economic considerations of real-time wearable technologies that are implemented in occupational settings to assess risk of heat stress and heat strain. The study population included current agriculture workers and Department of Energy (DOE), Environmental Management (EM) contractors. We employed a mixed-methods approach to comprehensively analyze the usability and economic considerations of heat-related technologies. Specifically, our approach assessed three distinct aspects the applications of these technologies in occupational settings to comprehensively address our research objective: (1) worker perceptions of heat-related wearable technologies, (2) field-based assessment of these heat-related wearable technologies, …

Research And Reflection On Transformation Of Resource-Based Cities In China—A Case Study Of Datong City, Shanxi Province, Zhijian Xiong, Hong Zhao, Xiuli Liu

Bulletin of Chinese Academy of Sciences (Chinese Version)

Currently, there are 262 resource-based cities in China, of which mature and declining cities account for 79.39%. These cities have made significant contributions to the country’s economic and social development, but now they are facing severe challenges and difficulties, and their transformation problems urgently need to be solved. This work studies the mechanism of resource-based transformation and proposes strategies for the transformation of resource-based cities: (1) Transformation should be comprehensive, balanced, and sustainable; (2) Transformation should fully leverage the leading role of the market while also taking into account the fundamental role of the government; (3) Transformation should fully leverage …

Bayesian Estimation Of A Pragmatic Model For Monetary Policy Analysis: The Case Of Pakistan, Shahzad Ahmad, Waliullah .

CBER Conference

In this study, Bayesian maximum likelihood estimation of quarterly projections model for Pakistan as presented, as documented in Ahmad & Pasha (2015). Estimation results based on quarterly data from 2001 to 2023 show substantial differences in values of estimated versus calibrated parameters related to aggregate demand, aggregate supply, monetary policy rule and exogenous shock processes. The aim of this study is to compare forecasting performance for key macro variables. It shows that the estimated model provides more precise forecasts in case of headline inflation, real GDP growth, interest rate and exchange rate over 8-quarters forecast horizon. An estimated model for …

Monetary Policy In Good Times And In Bad: Empirical Evidence From Pakistan, Haider Ali

CBER Conference

A significant body of literature explores and establishes the impact of monetary policy on output and prices, at least in the short run. However, the subsequent question is whether this effect is symmetric concerning the various states of the economy (see, Tenreyro and Thwaites, 2016; Bernstein, 2021; Eichenbaum et al., 2022; among others). This study contributes to the literature on state-dependent (non-linear) effects of unanticipated monetary policy shocks according to two important features of the economy. The amount of slack in the economy and the amount of the public-sector footprint in the market. Evaluating state-dependent effects is crucial because assuming …

Snap Recipients' Labor Supply In The Presence Of Children In Households, Sanae Tashiro, Jongsung Kim

Mathematics and Economics Faculty Journal Articles

No abstract provided.

Role Of Greenfield Investment, Institutional Quality, And Economic Activities On Environmental Performance In Belt & Road Initiative Countries, Jamal Hussain, Sajid Hassan

CBER Conference

Researchers have produced varying conclusions on the matter of coexistence of economic activities with the protection or improvement of environmental performance. This study investigates the association between greenfield investments, economic activity, institutional quality, and environmental performance in Belt & Road Initiative (BRI) countries from 2003 to 2022. Yale University's Environmental Performance Index (EPI) assesses environmental performance. Advanced second-generation econometrics estimation approaches address concerns like cross-sectional dependence, potential endogeneity, and heterogeneity. Further analysis is employed across four income-level sub-panels: lowincome (LI), lower-middle-income (LMI), upper-middle-income (UMI), and high-income (HI) countries, covering the years 2003 to 2021 to validate reliability and consistency. This …

Estimating Medium-Term Regional Monthly Economic Activity Reductions During The Covid-19 Pandemic Using Nighttime Light Data, Ma Flordeliza P. Del Castillo, Toshio Fujimi, Hirokazu Tatano

SOSE Affiliate: Manila Observatory

Economic impact estimates of the initial lockdowns due to the COVID-19 pandemic showed a significant reduction in economic activities globally. However, the succeeding impacts and their spatiotemporal distribution within countries remain unknown. Studies showed that nighttime light data (NTL) has effectively revealed the spatiotemporal dimensions of the economic effects of COVID-19. Thus, this study used NTL data to determine the medium-term regional monthly economic impacts of the pandemic in the Philippines in terms of the Economic Activity Reduction (EAR) index. We generated a spatial error model, regressing pre-pandemic NTL on mean temperature, maximum rainfall, and built-up area. This model explained …

Striking A Balance: Market Shock & Responses In Automotive Components Manufacturing, Emma Lane Mcgahey

All Theses

This thesis examines the effects of extreme market shocks on supply chain dynamics within the automotive industry. Through an analysis of demand data from an automotive manufacturer to its component suppliers (January 2018 to May 2024), the study investigates the relationship between market shocks and supply chain responses, providing insights into how auto components inventory management handles downstream responses to market shocks. With supporting public data—from FRED, BLS, and the U.S. Census Bureau resources—we explore two primary relationships: the impact of market shocks on the Average Standard Deviation of Demand (SDO) and the effect of demand variability on expedited pricing …

A Strategic Insight Into The Market For Carbon Management Capacity, Mahelet G. Fikru, Ting Shen, Jennifer Brodmann, Hongyan Ma

Economics Faculty Research & Creative Works

This study presents the market for carbon management capacity via carbon capture, utilization, and storage technologies, identifying demand and supply forces, as well as clarifying the potential impact of market and non-market-based shocks on technology developers versus adopters. The paper addresses a prevailing gap in market analysis, introducing a microeconomic framework and unique dataset to identify key players, market forces, and policy incentives shaping the carbon capture, utilization, and storage landscape. The analysis equips industry stakeholders, policymakers, and investors with valuable insights regarding (1) leaders in the design, development, and manufacture of carbon capture, utilization, and storage technologies (supply), (2) …

Financialization And Price Volatility: An Empirical Analysis On Speculation In The Oil Market, Audry F. Oliveira Carnivale

Electronic Theses and Dissertations

Financialization has facilitated the trade of futures contracts because of deregulatory policies increasing speculation. Speculation has created a more fragile market inducing riskier investments and aggravating price volatility. Three post-Keynesian theories, the financial instability hypothesis, money manager capitalism and markup, explain how policy altering the banking structure has developed financialization from lax regulation. Previous research has emphasized supply and demand as the main determinants of oil price changes, but it’s important to consider how structural changes from policy stimulating a more financialized economy has impacted volatility. With Brent Crude oil price data and West Texas Intermediate (WTI) open interest and …

Promote Deep Integration Of Real Economy And Digital Economy, Qinmin Wang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Deep integration of digital technology, industrial development, and data resources empowers development of the digital economy, constantly opens up new tracks, creates new momentum, and establishes new advantages, becoming a new powerful engine for global economic and social development. China attaches great importance to the high-quality development of the digital economy. This study discusses the practical experience of vigorously promoting digital industrialization and industrial digitization, promoting the deep integration of digital technology and the real economy, and accelerating the construction of a network power and digital China. It also proposes countermeasures and suggestions to further promote the efficient empowerment of …

Reflections On Strengthening Digital Public Goods Institutions To Promote Construction Of Open Source Innovation Ecosystem, Chao Zhang, Ze Feng, Kaihua Chen, Qigang Zhu

Bulletin of Chinese Academy of Sciences (Chinese Version)

The digital public goods institutions are important foundations for promoting the development of an open source innovation ecosystem, which helps to break the key limitations faced by China’s open source innovation ecosystem, such as the lack of unity in technology routes and concentration of R&D power. Based on discussing the significance of improving digital public goods institutions, this study reviews the experience of major countries in the world in building digital public goods institutions and analyzes the prominent problems faced by the construction of China’s digital public goods institutions. This study points out that China’s open source innovation ecosystem faces …

Benefits And Challenges Of Constructing Low-Altitude Air Route Network Infrastructure For Developing Low-Altitude Economy, Xiaohan Liao, Chenchen Xu, Huping Ye

Bulletin of Chinese Academy of Sciences (Chinese Version)

Low-altitude airspace is a resource that needs to be fully explored, and the low-altitude economy is a new type of economic activity resulted from low-altitude airspace exploration and utilization. As the primary players of low-altitude flight activities, the commercialization and wide applications of unmanned aerial vehicles (UAVs) are promoting the prosperity of the low-altitude economy. A low-altitude air route network is an effective means to ensure the safe and efficient operations of a large number of UAVs, and it is also a new key infrastructure hosting low-altitude traffic. The history shows that the investment on public transport infrastructure as a …

Prospect And Problem Analysis Of Industry Data Application In Livestock And Poultry Breeding, Yiran Chen, Zhuqing Xiong, Jiaogen Zhou, Quan Wang, Jiancheng Shu, Yinfa Yan, Lanlin Yang, Zemeng Feng, Benhai Xiong, Yulong Yin

Bulletin of Chinese Academy of Sciences (Chinese Version)

Livestock and poultry breeding is a pillar industry in China. The massive data in livestock and poultry breeding is a valuable resource. The market-oriented utilization of livestock and poultry breeding data plays an important role in improving industry standards, increasing industry profits, and driving the development of the entire industry chain. Currently, based on the demand for marketization of livestock and poultry breeding data, the application of new generation information technologies such as artificial intelligence and the Internet of Things in the process of livestock and poultry breeding to collect breeding process data, after de-sensitization and de-classification, through cloud computing, …

Assessing Economic Losses With Covid-19 Integrated Models: A Retrospective Analysis, Timothy Robin Teng, Elvira De Lara-Tuprio, Joselito T. Sescon, Cymon Kayle Lubangco, Rolly Czar Joseph T. Castillo, Mark Anthony C. Tolentino, Maria Regina Justina E. Estuar, Lenard Paulo V. Tamayo, Christian E. Pulmano

Mathematics Faculty Publications

The COVID-19 pandemic led to a global crisis that forced governments to implement restrictive measures to control the spread of the disease. Although these restrictions, such as community quarantines, played a pivotal role in stabilizing healthcare systems, they also caused forced closures of various economic sectors that resulted in huge societal costs and severely impacted the marginalized. In order to understand and quantify the economic impact of the COVID-19 pandemic in the Philippines, an integrated modeling approach, which combined an epidemiological compartmental model and an economic model, was utilized. The evolving nature of COVID-19 required continuous updating of the integrated …

Boosting The Power Performance Of Microbial Fuel Cells By Using Dual Nanomaterial-Modified Carbon Felt Electrodes, Krishna Thapa, Wenyan Liu, Yuwei Zhang, David J. Westenberg, Yishu Zhou, Risheng Wang

Chemistry Faculty Research & Creative Works

Innovative design enhancements to microbial fuel cells (MFCs) are pivotal for improving their viability as renewable energy sources. This study introduces a dual approach to electrode modification, integrating polyaniline (PANI) and gold nanoparticles (AuNPs) on carbon felt (CF) anodes coupled with a unique cathode composed of DNA origami and chitosan. The synergistic effect of PANI and AuNPs significantly increases the hydrophilicity and conductivity of the anode, leading to a considerable surge in power density. Concurrently, the biocompatible DNA origami and chitosan-functionalized cathode facilitates efficient electron transfer without relying on conventional catalysts. Together, these modifications yield a 52.42% increase in the …

Factors Influencing Households’ Willingness To Adopt Rooftop Solar Power In The Philippines, Rosalina Palanca-Tan

Economics Department Faculty Publications

The Philippines is endowed with vast solar potential. Through rooftop solar power (RTSP), households directly participate in the clean energy transition, expanding renewable energy supply to meet increasing energy demand and effectively lowering electricity costs for themselves. Yet, RTSP in the country remains largely untapped. Using the Contingent Valuation framework, this study conducted a survey of households in Metro Manila and its neighboring provinces to identify the factors that influence adoption and willingness to pay for RTSP. Survey results reveal that both economic (mainly electricity bill reduction) and environmental benefits are well-recognized and positively correlated with RTSP adoption. The study …

Optimal Har Inference, Liyu Dou

Research Collection School Of Economics

This paper addresses the problem of deriving heteroskedasticity and autocorrelation robust (HAR) inference for a scalar parameter of interest, under the assumption of a known upper bound on data persistence. Finite-sample optimal tests are derived within the Gaussian location model, revealing that robustness-efficiency tradeoffs are primarily determined by the maximal persistence. With a suitable adjustment to the critical value, the equal-weighted cosine (EWC) test emerges as nearly optimal, wherein the long-run variance is estimated through projections onto q type II cosines. This approach establishes a direct link between the choice of q and persistence assumptions, accompanied by adjustments to the …

Estimating The Economic Impact Of A Natural Disaster On The Workforce Resiliency: An Analysis Of The Virginia Beach - Chesapeake - Norfolk Metropolitan Statistical Area, Robert M. Mcnab, Yin-Hsuen Chen, George Mcleod

Presentations, Lectures, Posters, Reports

In this paper, we explore the potential economic impacts associated with a major hurricane making landfall in Hampton Roads. We estimate the direct damages from a Florence-like Category 3 hurricane with a 3.6 feet tidal offset are estimated at $15.6 billion, equivalent to 10% of the 2022 regional GDP. If we apply existing flood insurance rates to these projected damages, we estimate that the total economic impact would exceed $12 billion with a short-term loss of more than 76,000 jobs. The job losses are concentrated in sectors that provide services to households which would bear the brunt of damages during …

Production Box Cost Estimating Relationships For Dod Avionics, Carla J. Cisneros, Edward D. White, Brandon M. Lucas, Jonathan D. Ritschel, Robert D. Fass, Shawn M. Valentine

Faculty Publications

The authors use historical information obtained from the Cost Assessment Data Enterprise to estimate recurring production unit cost for DoD avionics via cost estimating relationships (CERs). The specific modeled responses include mean unit cost, median unit cost, and the 100th production unit cost (T100) utilizing learning curve theory. For T100, the authors adopt both a multiplicative and an additive error for CER comparison. Recommended CERs consist of the mean unit cost and the T100 utilizing a multiplicative error. Moreover, results reveal that weight has a significant effect on cost as well as a potential underaccounting of real price change or …

Factors Influencing Household Adoption Of Rooftop Solar Power In The Philippines: An Empirical Analysis Using The Contingent Valuation Method, Rosalina Palanca-Tan

Economics Department Faculty Publications

The Philippines possesses significant solar energy potential, yet the adoption of rooftop solar power (RTSP) among households remains limited despite its benefits in reducing electricity costs and contributing to the clean energy transition. This study investigates the determinants influencing households’ willingness to adopt RTSP in Metro Manila and surrounding provinces, utilizing the contingent valuation method. Survey results indicate that economic factors, particularly the potential for electricity bill reduction, along with environmental considerations, are positively associated with adoption intentions. While a substantial portion of households (82%) expressed some level of intention to adopt RTSP, the figure drops to 20% when focusing …

Willingness To Pay And Market Potential For Biowrap: An Economic Study Of A New Biodegradable Mulch Product In Home Gardening, Gengchen Cai

Department of Agricultural Economics: Dissertations, Theses, and Student Research

This study explores the market potential of BioWRAP, a biodegradable sprayable weed suppression product, by assessing the willingness to pay (WTP) among American home gardeners. Traditional plastic mulch offers significant agronomic benefits but poses considerable environmental challenges, making BioWRAP a promising alternative due to its similar benefits and reduced environmental impact. Using a double-bounded contingent valuation method, we analyze the WTP for BioWRAP among different demographic groups and gardening practices. Our findings indicate that the highest WTP for BioWRAP is among home gardeners who currently use chemical sprays for weed suppression, followed by those using physical barriers, with the lowest …

Dynamic Optimization With Timing Risk, Erin Cottle Hunt, Frank N. Caliendo

Economics and Finance Faculty Publications

Timing risk refers to a situation in which the timing of an economically important event is unknown (risky) from the perspective of an economic decision maker. While this special class of dynamic stochastic control problems has many applications in economics, the methods used to solve them are not easily accessible within a single, comprehensive survey. We provide a survey of dynamic optimization methods under comprehensive assumptions about the nature of timing risk. We also relax the assumption of full information and summarize optimization with limited information, ambiguity, imperfect hedging, and dynamic inconsistency. Our goal is to provide a concise user …

Weather Risks, Crop Losses, And Risk Proneness: An Examination Of Evolving Risk Preferences Of Rice Farmers In Bangladesh, W. Parker Wheatley, Taznoore Khanam, Valerien O. Pede, Takashi Yamano

Economics Faculty Publications

Changing climate poses significant challenges for smallholder rice farmers. Weather-related deviations from longer-term patterns and crop losses due to abiotic hazards can affect farmer risk preferences and drive adaptive responses. In addition, farmers’ proneness to and past experiences with crop risks such as drought, submergence, and excess soil salinity can impact their baseline risk preferences and their response to changing risks. Using data for Bangladesh from two waves of the Rice Monitoring Survey, climate-related data (precipitation and temperature), farmer reports of crop losses, and measures of proneness to abiotic risks, this article estimates how weather deviations from longer-term trends, crop …

Impact Of Shale Oil And Gas Exploration In The Permian Basin: Public Finances, House Prices, Migration, And Household Income, Bamadou Ouattara

Economics ETDs

This dissertation examines the impacts of shale oil and gas exploration in the Permian Basin, focusing on housing, socio-demographics, petroleum exploration, and environmental effects. It addresses three key research areas: New Mexico's public finances, inter-county migration and household income, and the influence on house prices.

The introductory chapter reviews the boomtown impact model and advocates for its adaptation to current social, economic, and financial landscapes. The second chapter analyzes New Mexico's public finances from 2010-2021, emphasizing oil and gas tax revenues and the need for financial prudence due to industry volatility.

The third chapter uses causal effect techniques to assess …

We're Swarming Again! Swarming, Collectivity, And Trope: The Case Of Extinction Rebellion, Tyler J. Behymer

Department of Communication Studies: Dissertations, Theses, and Student Research

This thesis explores the rhetoric of the eco-movement Extinction Rebellion, focusing on the use of swarming and nature tropes to mobilize collective action and revivify contemporary notions of collectivity. Drawing on rhetoric of social movement scholarship, cultural studies, and psychoanalysis, this essay theorizes swarming as a tropological economy that expands the conditions of propriety in the context of collectivity. Through an analysis of Extinction Rebellion’s discourse, this study demonstrates how the naturalization of swarming tropes works in various ways to rewild conventional political discourse, galvanize disruptive collective assembly, and challenge green neoliberalism.

Advisor: Casey Ryan Kelly

Design Of Engineered Nanomaterials For Pfas Adsorption And Catalytic Degradation From Relevant Environmental Conditions, Sheng Yin

Open Access Theses & Dissertations

Poly- and per-fluoroalkyl substances (PFAS) are a class of artificially made chemicals whose carbon chains are fully or partially fluorinated. Due to their persistent and pervasive distribution and their adverse effects on human health, the removal of PFAS from the environment has been the focus of current research. This project explores the use of engineered nanomaterials for the effective removal of PFAS through various adsorption and catalytic degradation methods. First, a comprehensive review of recent studies highlights the significant potential of various nanomaterials, including carbon-based, non-metal, single-metal, and multi-metal nanomaterials, for PFAS remediation. These materials are evaluated for their performance, …

Gradient Wild Bootstrap For Instrumental Variable Quantile Regressions With Weak And Few Clusters, Wenjie Wang, Yichong Zhang

Research Collection School Of Economics

We study the gradient wild bootstrap-based inference for instrumental variable quantile regressions in the framework of a small number of large clusters in which the number of clusters is viewed as fixed, and the number of observations for each cluster diverges to infinity. For the Wald inference, we show that our wild bootstrap Wald test, with or without studentization using the cluster-robust covariance estimator (CRVE), controls size asymptotically up to a small error as long as the parameter of endogenous variable is strongly identified in at least one of the clusters. We further show that the wild bootstrap Wald test …