Economics Commons^™

Anatolian Tigers: Then And Now, Alpay Filiztekin, Oya Kent

Topics in Middle Eastern and North African Economies

Turkish economy has experienced a policy shift from import-substitution to a widespread outward-oriented policy regime in 1980s. In this transition period, industrial sector has stood out as the leading in export-led growth policy. Trade openness coupled with export promotion strategies has reshaped business environment in Turkey and created new opportunities for local investors as well. Hence, this process had also considerable impacts in spatial distribution of industrial activities across Turkish regions. In this environment, some Turkish provinces have flourished a salient economic performance since 1980s that led them to be called by a colloquial term Anatolian Tigers, by associating their …

Qualitative Research Methods For The Exploration Of Coworking Environments, Marko Orel Phd, Manuel Mayerhoffer

The Qualitative Report

Coworking is a flexible workspace arrangement that is characterized by the sharing of resources, socializing between peers, collaborating on mutual projects, and co-crafting a community of work. As a result of the benefits coworkers draw from their experience, the coworking model has grown significantly over the past years, which has also led to increasing attention by scholars. When researching the contemporary workplace's evolving nature, a qualitative approach enables scholars to observe, record, and capture the changing attitudes concerning a given subject. Similarly, field researchers have applied qualitative methods with gradually increasing rigor and complexity. To further enhance future studies, the …

Elysium As A Social Allegory: At The Nexus Of Dystopia, Cyberpunk, And Plutocracy, Emre Ulusoy

Markets, Globalization & Development Review

No abstract provided.

Michael Kwet, People’S Tech For People’S Power: A Guide To Digital Self Defense And Empowerment (2020), Gokcen Y. Karanfil

Markets, Globalization & Development Review

No abstract provided.

Pandemic And Õen Consumption In Japan: Deliberate Buying To Aid The Seller, Kosuke Mizukoshi, Yuichiro Hidaka

Markets, Globalization & Development Review

This dialogue contribution discusses whether it is possible to create favorable new social assistance under the market principles, based on the Ouen or Õen (aid) consumption in Japan. The meaning of consumption has changed due to the COVID-19 pandemic. In Japan, aid consumption is increasing. This means helping local restaurants and producers by willfully and proactively buying and consuming their services and products. This is a favorable form of new social assistance and the result of strong marketing and market functions. The penetration of market forces may surpass pure altruistic behavior such as donations and gifts, by creating new market-linked …

Platformization Of Covid And The Rise Of Biosocial Surveillance, Handan Vicdan

Markets, Globalization & Development Review

The emergence of participatory medicine and patient-generated medical research and knowledge is gaining more traction, especially with the current global health crisis. Digital platform organizations bring together diverse market actors for partnership for the creation and distribution of aggregate medical data and find cures for diseases, hence challenging the conventional medical knowledge production and disease control. In this paper, I articulate how such platformization of patient/citizen-led medical research and disease control is organized and sustained through Foucauldian notion of biopower and Rabinow’s concept of biosociality to then draw attention to what I call biosocial surveillance, which is becoming increasingly relevant …

Rethink Everything 2: Markets, Globalization, Development, Nikhilesh Dholakia, Deniz Atik

Markets, Globalization & Development Review

No abstract provided.

Implication Of British Economic Policies On Indian Famine, Soujanya Niroula

Honors Theses

During the British rule, India was engulfed by multiple devastating famines. Over the past, scholars have presented varied opinions on the cause of Famine. Here, we seek to understand the British economic policies and their effects. Our analysis is focused on examining the taxation system, export/import policies, and crop production. We find that the interest of the British aligned with the extractive colonial strategy. The imposed institutions fostered higher tax collection and strict implementation of the free-trade system. Moreover, their primary goal was aimed at preserving trade and commerce than alleviating the distress of the native population.

A Suggested Revision Of The 2020 Vertical Merger Guidelines (July 2021), Steven C. Salop

Georgetown Law Faculty Publications and Other Works

The DOJ/ FTC Vertical Merger Guidelines (VMGs) were adopted by the FTC in June 2020 by a party-line 3-2 party line over the dissent of the Acting Chair. One might expect that the VMGs will be withdrawn and/or revised, now that there is a Democratic majority. Revision is appropriate because the VMGs are both incomplete and overly permissible. This Suggested Revision can aid that process.

Measuring Rental Affordability Dynamics For The Southern United States With Constant Quartile Mismatch, Bradley Curtis

Honors Theses

This project centers on the topic of rental housing affordability for southern metropolitan areas in the United States. In an attempt to understand how rents have changed in relation to incomes in cities throughout the American south, this study uses IPUMS data to compare changes in the distributions of rents and incomes from 2000 to 2019 for each of the geographies in question. The Constant Quartile Mismatch metric employed in this project was first implemented in the study "A constant quartile mismatch indicator of changing rental affordability in US Metropolitan areas, 2000 to 2016". This thesis hopes to extend the …

Wage Theft, Economic Conditions, And Market Power: The Case Of H-1b Workers, Peter Norlander, Jed Devaro

School of Business: Faculty Publications and Other Works

This study explores what determines employers’ violations of the wage contracts of workers on H-1B temporary work visas, which occur when firms pay those workers below the promised prevailing or “market” wage. A theoretical framework is proposed that predicts more violations during economic downturns, fewer violations when firms have more labor-market power, and more violations by subcontractor firms. Empirical analysis is based on a firm-level matched dataset of wage and hour violations and the firms that sponsor H-1Bs. Higher labor market power, measured by the Herfindahl-Hirschman Index, is associated with fewer violations. Higher unemployment rates and subcontractor firms are associated …

Untold Stories Of The African Diaspora: The Lived Experiences Of Black Caribbean Immigrants In The Greater Hartford Area, Shanelle A. Jones

University Scholar Projects

The African Diaspora represents vastly complex migratory patterns. This project studies the journeys of English-speaking Afro-Caribbeans who immigrated to the US for economic reasons between the 1980s-present day. While some researchers emphasize the success of West Indian immigrants, others highlight the issue of downward assimilation many face upon arrival in the US. This paper explores the prospect of economic incorporation into American society for West Indian immigrants. I conducted and analyzed data from an online survey and 10 oral histories of West Indian economic migrants residing in the Greater Hartford Area to gain a broader perspective on the economic attainment …

Demand Shock Along The Supply Chain: The Bullwhip Effect Of Covid-19 In Chinese Exports, Kaichong Zhang

Economics Honors Projects

This study investigates the bullwhip effect of Covid-19 on global supply chains from the Chinese perspective. The bullwhip effect refers to the amplification of demand shock along the supply chain, and my baseline estimates show that a $1\%$ increase in foreign new cases (a proxy for foreign demand shock) reduces exports of downstream products and that of upstream industries by $2.1\%$ and $4.5\%$ respectively. The estimates also suggest that whether industries are concentrated or not generates ambiguous effects on exports that vary from different empirical specifications. In addition, a heterogeneity analysis suggests that the bullwhip effect is stronger in regional …

Barriers And Enablers To Building Entrepreneurial Ecosystems As Perceived By Change Agents In The Workplace, Shanda Barrett

Dissertations

This study explores factors that influence entrepreneurial ecosystems. Clifton (2010, 2015) recommends entrepreneurship, better business models, and new business startups as a solution for economic renewal in the United States and specifically identifies disengaged workers and low-energy workplaces as the starting point. The recommendation does not address how to make workplaces conducive to entrepreneurial activity, nor does the recommendation address how to engage entrepreneurial employees.

Existing literature outlines the known tensions between theory, anecdotal evidence, and the professional practice of building entrepreneurial ecosystems. To date, the term entrepreneurial ecosystem exists as a metaphor in the extant literature. While scholars have …

What Is Wrong With Micromanagement: Economic View, Sean R. Aguilar, Olga Kosheleva

Departmental Technical Reports (CS)

Purpose: It is well known that micromanagement -- excessive control of employees -- is detrimental to the employees' morale and thus, decreases their productivity. But what if the managers keep people happy -- will there still be negative consequences of micromanagement? This is the problem analyzed in this paper.

Design/methodology/approach: To analyze our problem, we use general -- but simplified -- mathematical models of how productivity depends on the working rate.

Findings: We show that even in the absence of psychological discomfort, micromanagement is still detrimental to productivity. Interestingly, the negative effect of micromanagement increases as the population becomes more …

Latent Local-To-Unity Models, Jun Yu

SMU Economics and Statistics Working Paper Series

This paper proposes a class of state-space models where the state equation is a local-to-unity process. The large sample theory is obtained for the least squares (LS) estimator of the autoregressive (AR) parameter in the AR representation of the model under two sets of conditions. In the first set of conditions, the error term in the observation equation is independent and identically distributed (iid), and the error term in the state equation is stationary and fractionally integrated with memory parameter H ϵ 2 (0; 1). It is shown that both the rate of convergence and the asymptotic distribution of the …

Air Quality-Related Health And Environmental Trade-Off Of Electrification: Evidence From Vietnam, Doan Thu Thuy Nguyen

Richard A. Harrison Symposium

Abundant evidence has shown that expanding access to electricity dramat- ically widens access to education, healthcare, and equality. However, the liter- ature on the direct impacts of electrification on air quality and health is still in its infancy. While electricity access can lead to higher outdoor air pollution due to increased reliance on fossil fuel combustion, its usage lowers indoor air pollution as households switch from burning solid fuels to using electricity and become distanced from the source of pollution. Contributing to the nascent lit- erature, this article represents the first quantitative examination of this trade- off between the overall …

Determinants Of Female Bargaining Power In Northern Mozambican Households, Sara Marilyn Gardner

Agricultural Economics and Agribusiness Undergraduate Honors Theses

Melinda Gates stated, “If you search for poverty, you will find women who don’t have power. If you explore prosperity, you will find women who do have power and use it.” Throughout Sub-Saharan Africa, women are expected to perform disproportional amounts of labor but are often ignored in household decision-making regarding social and economic matters. The United Nations Development Program (UNDP) states that women in Mozambique are highly disadvantaged, relative to men, due to low levels of education, maternal health risks, restricted economic prospects, and cultural norms. This study aims to better understand the causes of female empowerment in Northern …

Association Among Health, Disability And Labor Force Status: A Panel Analysis On Turkish Females, Burcu Düzgün Öncel

Topics in Middle Eastern and North African Economies

This paper studies the relationship among health, disability status and labor force participation of Turkish females by using Turkish panel of Survey of Income and Living Conditions (SILC) for the years 20122015. Although the aggregate behavior of labor force participation of Turkish females has been studied widely, the association between labor force status and health indicators has drew less attention. However, I believe that revealing the connection of health status and labor force behaviors in a country with a low level of female labor force participation is important for policy implications. I use self-reported health and disability status as health …

A Pseudo Panel Analysis Of The Returns To Field Of Study, Bilge Eriş-Dereli

Topics in Middle Eastern and North African Economies

This study employs pseudo-panel fixed-effects approach to estimate the returns to field of study in Turkey. Repeated cross sections of Turkish Labor Force Surveys between 2016-2019 are used. Year of birth and region are used as grouping variables. The results indicate significant earnings differences across field of study when cohort-fixed effects are controlled. Relative to the base field, Education Sciences, there are higher returns to Environmental Sciences & Mathematics & Statistics and Engineering & Manufacturing & Architecture and Health & Welfare. On the other hand, there are lower returns to Social Sciences & Journalism. The earnings differences are insignificant for …

Asymmetric Analysis Of Okun’S Law: The Case For Turkey, Pınar Deniz, F. İrem Dogan

Topics in Middle Eastern and North African Economies

This paper revisits Okun’s law under an asymmetric approach for Turkey applying structural threshold regression model that allows for endogeneity of the threshold variable that separates the dataset into low and high regime periods according to economic growth. Moreover, the theory is investigated taking subcategories of unemployment rate into account, such as age, education and gender. Empirical findings suggest that only the overall unemployment rate and female unemployment rate reflect significantly negative impacts in both periods. During deep recessions, unemployment rates are more responsive to economic growth. In order to consider nonlinearities, Kourtellos et al. (2016) structural threshold regression (STR) …

The Relationship Between Political Stability And Portfolio Investments: The Case Of Turkey 2007-2020, Sadi Uzunoğlu, Caner Özdurak, Serap Dursun

Topics in Middle Eastern and North African Economies

The collapse of the gold-based monetary system in the early 1970s and the increase in oil prices due to the Arab-Israeli War designated the beginning of a new era. With the collapse of the monetary system, the rapid volatility of money values and interest rates increased the uncertainty and encouraged investors to buy commodities, especially gold, in order to protect themselves. The oil war caused commodity prices to increase more. Cost-driven inflation and recession, which means stagflation, left its mark on the era. Keynesian policies, which were seen as responsible for the case of stagflation, had been replaced by the …

Are Modeling Methods In Health Economics Changing?, Demet Topal Koç, Ercan Eren

Topics in Middle Eastern and North African Economies

Health is a complex system since the appearance of illness and sickness has high uncertainty. In this regard, health economics is a complex system that the emergence of health care demand is uncertain. Thus, evaluation of health economics using classical mathematical methods produce insufficient and incorrect outcomes. Therefore, in this work, complex system tools and methods assessing the health economics and the health care market were investigated to illustrate the superiority of the simulation methods. In recent years, researchers tend to use simulation and modelling based applications to assess the health care market instead of classical methods such as cost-effectiveness …

Randomized Tax Deadlines Can Help Economy, Julio C. Urenda, Olga Kosheleva

Departmental Technical Reports (CS)

Purpose: While the main purpose of reporting -- e.g., reporting for taxes -- is to gauge the economic state of a company, the fact that reporting is done at pre-determined dates distorts the reporting results. For example, to create a larger impression of their productivity, companies fire temporary workers before the reporting date and re-hire then right away. The purpose of this study is to decide how to avoid such distortion.

Design/methodology/approach: We want to make our solution applicable for all possible reasonable optimality criteria. Thus, we use a general formalism for describing and analyzing all such criteria.

Findings: We …

Performance And Contributions Of The Green Industry To Utah's Economy, Lara Gale

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

Landscaping and nursery enterprises, commonly known as green industry enterprises, can be found everywhere in Utah, and are necessary to create both aesthetic appeal and human well-being in the built environment. In order to understand the impact that events such as economic shocks or policy changes may have on the green industry, the baseline performance and contribution of the industry must be specified for comparison following these shocks. This study provides a summary and evaluation of the current performance of the green industry in Utah, and estimates the industry’s contributions to Utah’s economy in terms of transactions between industries, employee …

Understanding Modern History Of International Food Law Is Key To Building A More Resilient And Improved Global Food System, Michael T. Roberts

Journal of Food Law & Policy

This article advocates the need for a history of the development of modern international food law and suggests an analytical approach to complement the chronicling of events. Comprehension of this history will help elucidate the evolution of a complicated modern global food system, including its resiliency and vulnerability as demonstrated by Covid-19, thereby providing valuable context for change in the system where needed. This essay makes the case for such a history in three parts. First, it briefly demonstrates the need for a historical perspective through a critical examination of a journal article that speaks to Covid-19 food security in …

Socializing Vacancy: An Architectural Thesis, Greg Winawer

Architecture Senior Theses

A large portion of office space has been left vacant, and thus provides no beneficial program to its remaining occupants or the local urbanity it is surrounded by. When considering what can be done with this vacant space, the primary motivation should be to integrate a program which does the opposite: a program which positively disrupts its existing context to hybridize and improve the current outdated programmatic arrangement. To insert a residential program into an existing office tower both disrupts and enhances the rigorous flows of our working and our domestic lives. The predefined universal concept of the ‘working-day’ is …

Three Essays On International Trade, Renjing Chen

Dissertations and Theses Collection (Open Access)

In the first chapter, we develop an estimation procedure to identify the partial (direct) effects of the GATT/WTO membership on variable and fixed trade costs, respectively. This procedure extends the techniques of Anderson and Van Wincoop (2003) on the structural relationship of multilateral resistance terms and of Helpman, Melitz and Rubinstein (2008) on the structural modeling of trade incidence. We then develop a general equilibrium framework (that allows for the presence of zero trade) to simulate the impact of variable, fixed, and total trade cost changes on the firm-level trade structure (including the bilateral export productivity cutoff, the weighted/unweighted extensive …

School Reopenings, Mobility, And Covid-19 Spread: Evidence From Texas, Charles J. Courtemanche, Anh Le, Aaron Yelowitz, Ron Zimmer

Institute for the Study of Free Enterprise Working Papers

This paper examines the effect of fall 2020 school reopenings in Texas on county-level COVID19 cases and fatalities. Previous evidence suggests that schools can be reopened safely if community spread is low and public health guidelines are followed. However, in Texas, reopenings often occurred alongside high community spread and at near capacity, likely making it difficult to meet social distancing recommendations. Using event-study models and hand-collected instruction modality and start dates for all school districts, we find robust evidence that reopening Texas schools gradually but substantially accelerated the community spread of COVID-19. Results from our preferred specification imply that school …

Studying Successful Ageing: A Showcase Of The Singapore Life Panel, Jee Yuen Yew, Jia Wei Gwee, Anirudh Srivathsan

ROSA Research Briefs

In this special issue of the ROSA Research Brief Series, we showcase two aspects of the work being done at the Centre for Research on Successful Ageing (ROSA). Firstly, we showcase the capabilities of the Singapore Life Panel (SLP) and the data that the SLP is able to obtain and measure on a monthly basis. Secondly, we showcase the amazing work of the SGUnited Traineeship Programme’s Research Assistants at ROSA who have proven themselves to be incredible assets in helping further ROSA’s aims of enabling successful ageing in Singapore. ROSA aims to measure well-being among older adults holistically in order …