Economics Commons^™

Considerations For Rules Of Origin Under The African Continental Free Trade Area:, Landry Signé, Payce Madden

Journal of African Trade

No abstract provided.

Synergies And Competition: Export Survival In Africa And Latin America, Luisa Blanco, Jesse Mora, Michael Olabisi, James E. Prieger

All Faculty Open Access Publications

Using firm-level export data from six African (Burkina Faso and Senegal) and Latin American (Guatemala, Mexico, Peru, and Uruguay) countries, we examine factors that determine the survival of export flows. We explore the effects on export survival of changes in the number of home-country exporters serving the same destination, firm-level export diversification, and country-level factors. Unlike previous studies, we find that export survival rates decrease with the number of co-exporters selling the same product to the same country. We also find that the relationship between firm-level product diversification and export flow survival is hump-shaped: firms that do not diversify or …

Strategic Analysis: A Case Study Of Sunsweet Public Company Limited, Panupong Senapitak

Chulalongkorn University Theses and Dissertations (Chula ETD)

This individual study investigates and describes the organizational and market factors associated with providing a management framework that has benefited Sunsweet Public Co.,Ltd. to have a disproportional share of the food and agricultural industry's overall profits, providing fuel for further market dominance. The study consists of two different studies: one study examines the market situational analysis offering a broad look at an industry that provides a comprehensive information outline of the industry overall, and it is headed. Whist the other examines the company's performance, competitive analysis, and prospect and examines the other factors associated with the outcome of being a …

Assessing The Impact Of China's Fts's On Trade Creation And Trade Diversion, Bangchu Qiu

Chulalongkorn University Theses and Dissertations (Chula ETD)

This paper estimates trade creation and trade diversion effects of China's effective free trade agreements (FTAs) as of 2019. The annual trade data used in this study cover 32 economies with 25-year span (1995-2019). Using gravity type of model, trade creation and trade creation effects are estimated by applying ordinary least square (OLS) and Poisson Pseudo-Maximum Likelihood (PPML) techniques with various fixed effects. PPML is applied to deal with heteroscedasticity problem. The results show a pure trade creation effect of ACFTA and a pure trade contraction effect of CPFTA in the time fixed model. In the time & pair fixed …

Middle Class And Democratization Under Capital And Land Inequality: A Theoretical Approach, Wantiwa Mannaitham

Chulalongkorn University Theses and Dissertations (Chula ETD)

The study revisits the relationship between the middle class, transition to democracy and inequality. This paper uses mathematical methodology to represent the role of the middle class on democratization under capital and land inequality based on Acemoglu and Robinson 2006 models. This paper extends social class from two to three class models including the rich, the middle class and the poor. Moreover, the paper also describes how capital and land inequality affect democratization. To test an impact of the middle class on democratizing process under capital and land inequality conditions, this study divides into three cases; (1) capital and land …

The Effect Of President Trump’S Company-Specific Tweets On Company’S Stocks, Justin Kleczka

Honors Theses

Implementing event-study analysis, I find that President Trump’s tweets about publicly traded companies cause daily abnormal returns of 0.25% in a company’s stock in the same direction as the sentiment of the tweet: positive tweets increase abnormal returns by 0.25% on the day’s end, while negative tweets will cause -0.25% abnormal returns.

Additionally, I find that President Trump’s company-specific tweets increase the daily abnormal trading volume and volatility of a company’s stock by 19%, regardless of tweet sentiment. For abnormal returns and abnormal trading volume, the effects of President Trump’s tweets do not last multiple days after a tweet. However, …

Profitability And Corporate Social Responsibility, Alexander Kirk

Honors Theses

This project examines the relationship between net margins and measures of corporate social responsibility for the companies in the S&P 500 index. This is conducted through linear regressions of overall, environmental, social, and governance scores on net margin percentages for firms from their annual 10-K reports filed with the Securities and Exchange Commission. The corporate social responsibility measures were taken from Sustainalytics via Yahoo Finance and combined with dummy variables for Global Industry Classification Standard sectors. Results indicate very limited role in corporate social responsibility measures for predicting net margins, instead favoring sector specific variables as driving net margins to …

Internal Migration Of Foreign-Born In Us: Impacts Of Population Concentration And Risk Aversion, Thin Yee Mon Su

Honors Theses

Internal migration in the US has been declining since the 1990s and research has mostly focused on labor market dynamics and aging population to explain the migration trends. This paper analyzes migration patterns of foreign-born groups in the US from 2000 to 2019. Along with the migration determinants such as education and employment, the paper focuses on population concentration as a factor that shapes foreign-born decisions to relocate in the US. Population concertation is defined to be a measure of how geographically concentrated each foreign-born group is across the US. I find that the likelihood of migrating to another state …

Employee Satisfaction And Stock Performance, Michael Snyder

Undergraduate Honors Thesis Collection

This study aims to explore the previously documented relationship between employee satisfaction and superior stock returns. Previous research suggests that firms with higher employee satisfaction also deliver superior stock returns. Furthermore, previous research has established a logical connection from employee satisfaction to superior stock performance. This study constructed an equally-weighted portfolio of the publicly traded companies on Fortune’s “100 Best Companies to Work For” list. This performance was compared to the performance of the S&P 500 on a total return basis for the calendar years 2015, 2016, 2017, 2018, and 2019. The study also collected fundamental data related to each …

The Economic Impact Of Forest Harvest Practices On Washington State Park Visitation, Tyler Humphries

All Master's Theses

Washington State receives timber contributions from 34 out of its 39 counties, making it a top producer of timber in the United States. Because of the widespread and abundant number of harvests, many forests that society values are affected via diminished aesthetic appeal. Of these affected areas are Washington State Parks and the areas around them. This study seeks to estimate the economic impact that forest harvest practices have on the visitation of Washington State Parks. Through the use of GIS and fixed effect regression analysis, I estimate the impact that over 100,000 permitted forest cuts have on the visitation …

Borderplex Business Barometer, Volume 4, Number 1, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana

Border Region Modeling Project

No abstract provided.

The Impact Of The New York City Marathon On Hotel Demand, Joshua Martin, Joshua Hall

Faculty & Staff Scholarship

Daily hotel data are employed, along with information on prices, revenue, demand and hotel occupancy, to analyze part of the local economic impact of the annual New York City (NYC) Marathon. As the largest competitive race in the world, the marathon attracts domestic and international competitors and spectators. The cancellation of the 2012 marathon due to Hurricane Sandy was estimated to lead to an increase of 4000 hotel nights as well as a 10% increase in the average daily room rate. Taken together, this is associated with a USD 3 million increase in hotel revenue. The results suggest a significantly …

What Is The Impact Of Tourism Infrastructure Development On The International Tourism Inflow In Thailand During 2008 To 2019?, Wucaihong Huang

Chulalongkorn University Theses and Dissertations (Chula ETD)

Tourism has become a main income factor of national revenue in Thailand. Tourism infrastructure is the important foundation for Thailand to improve its attractiveness around the world. This study firstly employed a SWOT analysis to show the current insight of tourism infrastructure in Thailand. The key findings of this study showed that transport infrastructure, ICT infrastructure and medical infrastructure have positive impacts on international tourism inflows in Thailand during 2008 to 2019 by employing an extending gravity model. Thus, the tourism planners should generate ICT promote, transport development and medical tourism into policies planning. Tourism policy makers in Thailand should …

Consumer Credit Card Debt And Immigrants: A Cross-Sectional Study Of U.K. Immigrants’ Financial Capability, Paul Wesley Thompson

Walden Dissertations and Doctoral Studies

The problem addressed in this study is the ubiquitous nature and high level of consumer debt associated with certain demographics; however, research in the context of immigrants in the U.K. are limited. The problem is the lack of information about the association between credit card debt and immigrants, specifically on whether the income gap between U.K. immigrants and British citizens affects the level of consumer debt. The purpose of this quantitative cross-sectional correlational study is to examine whether there is an association between the income gap that exists between immigrants and British citizens and their respective levels of consumer debt, …

Benefits From Laguna Lake: Perspective Of Small Fisher Households, Rosalina Palanca-Tan

Economics Department Faculty Publications

Fishing is considered to be the most important among the many uses of Laguna Lake, the largest lake in the Philippines and second largest in Southeast Asia. Using primary data gathered through focus group discussions, key informant interviews, and a household survey together with secondary data on revenue and cost estimates for aquaculture and catch fisheries, this paper discusses the lake___s role in the economic life of two fishing communities located along the shoreline. The study, which uses a microscopic lens to look at issues from the perspective of small fisher households instead of from that of policymakers and non-government …

Adoption Of Pasture Management Practices In Rondônia, Brazil: Social Media As An Informational Influence, Cassandra Sevigny

Graduate Student Theses, Dissertations, & Professional Papers

The welfare of rural households depends on income from agricultural production. The adoption of new agricultural practices can improve farmer welfare by increasing yield and/or lowering production costs, but farmers do not always adopt beneficial practices. I examine whether social media use influences pasture management practices among smallholder cattle farmers in Rondônia, Brazil. This Amazonian state is heavily deforested for use as farmland, especially pasture for beef and dairy cattle. Traditional pasture management degrades soil over time, requiring pasture productivity interventions or deforestation for new land. Nontraditional practices can reduce degradation. Agricultural technology adoption literature explores the influence of risk, …

Does Starting School Before Labor Day Affect High School Retention And Graduation: Evidence From Virginia's Kings Dominion Law, Timothy M. Komarek, Jay K. Walker

Economics Faculty Publications

Several states have required K-12 public schools to start after Labor Day in an effort to aid the tourism and hospitality industry. However, little is known about how these policies impact educational outcomes. We examine the impact of Virginia's post-Labor Day school start law on high school retention and graduation rates. We use a difference-in-differences model to exploit exogenous variation in school division start dates. Our results show small differences of up to three weeks have little effect on high school dropout and graduation rates. Our findings inform the debate on post-Labor Day school start laws and compulsory attendance age …

We Live In A Society: Violence And Radicalization In The Internet Manosphere, Emily Price

Capstone Showcase

In a world of incels, pick-up artists, and other Men’s Rights Activists, friction between the so-called Manosphere and contemporary feminist thought has led to documented violence with regards to American mass shootings. Starting with the violent outbursts of disaffected young men, I will work backwards to the point of contact between the man and the Manosphere. This piece seeks not to draw a connection between radical MRAs and violence – the mass shooters draw that connection themselves in their manifestos by outlining their dissatisfaction with society as it is, and particularly with what they perceive as a politically correct and …

An Introduction To Copulas, Yifan Guo, Geng Zhang

Capstone Showcase

Copulas are the mathematical functions that connect the distribution functions of univariate random variables to form multivariate distributions. We define copulas, present some of their key properties, and provide examples of their applications.

Smaller Drawdowns, Higher Average And Risk-Adjusted Returns For Equity Portfolios, Using Options And Power-Log Optimization Based On A Behavioral Model Of Investor Preferences, Jivendra K. Kale, Tee Lim

School of Economics and Business Administration Faculty Works

No abstract provided.

Sound And Fury: Digital Vigilantism As A Form Of Consumer Voice, Kimberly Legocki, Kristen Walker, Tina Kiesler

School of Economics and Business Administration Faculty Works

No abstract provided.

Refocusing Loyalty Programs In The Era Of Big Data: A Societal Lens Paradigm, Valeria Stourm, Scott A. Neslin, Eric T. Bradlow, Els Breugelmans, So Yeon Chun, Pedro Gardete, P. K. Kannan, Praveen Kopalle, Young-Hoon Park, David Restrepo Amariles, Raphael Thomadsen, Yuping Liu-Thompkins, Rajkumar Venkatesan

Marketing Faculty Publications

Big data and technological change have enabled loyalty programs to become more prevalent and complex. How these developments influence society has been overlooked, both in academic research and in practice. We argue why this issue is important and propose a framework to refocus loyalty programs in the era of big data through a societal lens. We focus on three aspects of the societal lens-inequality, privacy, and sustainability. We discuss how loyalty programs in the big data era impact each of these societal factors, and then illustrate how, by adopting this societal lens paradigm, researchers and practitioners can generate insights and …

The Impact Of Loan Forgiveness Programs On Out-Of-State Migration, Jessica Vongsaphay

Williams Honors College, Honors Research Projects

This research paper seeks to understand the effectiveness of state-sponsored loan forgiveness policies on migration decisions for health professionals. Many factors are taken into consideration when deciding on whether to move, including economic and personal preference. The preferences of recent college graduates (who largely consider job opportunity, urban life, and social amenities) can differ from the preferences of retiring professionals (where space, amenities, and weather may be large factors). With the growth in student debt, states have begun implementing loan forgiveness programs. While these programs can be aimed mainly at encouraging higher education, state sponsored programs that require a minimum …

Price Value Frazer Duncan Collar Bienenfeld, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Classical theory of price matrix algebra by Anwar Shaikh (unpublished work).
• Marx's last theorem by Anwar Shaikh (unpublished work).
• Sraffa prices and eigenvector normalization by Anwar Shaikh (unpublished work).
• Vmi data set patterns by Anwar Shaikh (unpublished work).
• Shaikh, A. (2003, December 22). In what sense is a non-negative matrix reducible to its eigenvalue moduli? (Unpublished manuscript note).
• Shaikh, A. (2006, April 10). Graphvmigini3, vmi80r.wf1 chart analysis. (Unpublished manuscript note).
• Shaikh, A. (2006, April 10). What is avg income share of top 20%, in a power law? (Unpublished manuscript note).
• Shaikh, A. (2006, April 14). Thermal …

Estimating The Size Of The Shadow Economy In The Kingdom Of Saudi Arabia, Ali Alsubaie

Wayne State University Dissertations

The shadow economy (SE), as unreported economic activity, is a challenge for researchers and policymakers worldwide because of its size, consequences for economic development, and the difficulty of evaluating it. This dissertation makes an original contribution to SE research by estimating the size of the shadow economy in Saudi Arabia for the period 1975–2018.

This dissertation uses a modified version of the most widely used method currently available for SE estimation: the Currency Demand Approach (CDA). This approach focuses on identifying excess cash used in an economy not accounted for in the official statistics on the assumption that shadow activities …

Keynesian Uncertainty: The Great Divide Between Joan Robinson And Paul Samuelson In Their Correspondence And Public Exchanges, Harvey Gram, G. C. Harcourt

Publications and Research

Joan Robinson and Paul Samuelson found little to agree upon in a correspondence which began in 1946, shortly after the death of Keynes, and ended a year prior to Robinson’s death in 1983. One way to read the correspondence is to keep in mind that Keynesian uncertainty was central to Robinson’s understanding of how capitalist economies function. Samuelson, never impressed by Keynes’s handling of uncertainty, understood capital theory—if not capitalism—in terms of dynamic programming, with its perfect foresight entailments. This is evident throughout his letters to Robinson, although rarely acknowledged in a straightforward way, particularly during the period from 1971 …

Optimizing Conservation Planning For Multiple Cohabiting Species, Yichen Wang, Qiaoling Fang, Sahan T.M. Dissanayake, Hayri Önal

Economics Faculty Publications and Presentations

Conservation planning often involves multiple species occupying large areas including habitat sites with varying characteristics. For a given amount of financial resources, designing a spatially coherent nature reserve system that provides the best possible protection to targeted species is an important ecological and economic problem. In this paper, we address this problem using optimization methods. Incorporating spatial criteria in an optimization framework considering spatial habitat needs of multiple species poses serious challenges because of modeling and computational complexities. We present a novel linear integer programming model to address this issue considering spatial contiguity and compactness of the reserved area. The …

Wage Differences Matter: An Experiment Of Social Comparison And Effort Provision When Wages Increase Or Decrease, Jose A. Rojas-Fallas, J. Forrest Williams

Economics Faculty Publications and Presentations

Wage rates, efficiency wages, and gift exchange in a labor market are all crucial aspects in regard to designing contracts to ensure high effort from workers. We extend this literature by discussing the relationship between known differences in wages (social comparison) and workers’ effort provision. We conduct an experiment in which subjects perform effort tasks for piece-rates. All subjects are paid the same wage rate in the first half of the experiment, but in the second half are paid different wage rates; the primary variable we study is the information about others’ wage rates given to a subset of subjects. …

Do Farmers Manage Weeds On Owned And Rented Land Differently? Evidence From U.S. Corn And Soybean Farms, George Frisvold, Joshua Albright, David Ervin, Micheal Owen, Jason Norsworthy, Katherine E. Dentzman, Terrance M. Hurley, Raymond A. Jussaume, Jeffrey Gunsolus, Wesley Everman

Economics Faculty Publications and Presentations

BACKGROUND

It has been frequently argued that growers have less incentive to manage the evolution and spread of herbicide‐resistant weeds on leased than on owned land. This is because resistance management provides long‐term rather than short‐term benefits that operators may be less assured of capturing on land they do not own. Yet, empirical evidence supporting this argument has been lacking.

RESULTS

This study reports on results from a large‐scale national survey of weed management and other crop production practices on US agricultural fields. Up to 11 weed management practices were compared across owner‐operated versus renter‐operated fields. Analysis of survey data …

Hiit-Ing The Books: University Student Time Allocation And Exercise, Teigan Nicole Avery

Undergraduate Theses, Professional Papers, and Capstone Artifacts

A growing body of economic literature examines irrational human behavior in a variety of contexts, including exercise habits (Duckworth and Milkman 2019). Based on this research, small interventions known as nudges have been introduced, sometimes significantly altering how individuals behave. This study focuses on a specific population’s behavior to nudge: university student’s exercise habits. Despite the benefits of physical exercise, such as a 40-50% reduction in all-cause mortality, only half of the students surveyed by this study met CDC suggested exercise requirement of 5 hours per week—5% responded that they do not exercise at all (Morris et al. 1953). This …