Economics Commons^™

Reaping The Afcfta Potential Through Well-Functioning Rules Of Origin:, Komi Tsowou, Junior Davis

Journal of African Trade

No abstract provided.

The Effects Of Priming On Framing Bias: An Integrative Study Examining Mortality Salience, Self-Affirmation, And Emotional Intelligence, Kyle Klaassen

All Master's Theses

The framing effect is a cognitive bias in which the way a choice is presented influences decision-making. Individuals avoid risk when a scenario or choice is presented in a positive light or as a gain (e.g., lives will be saved, money will be gained). In contrast, because losses are more salient than gains, people will select more risky options in order to avoid potential losses when choices are framed negatively (e.g., lives lost, money lost). Another method of influencing decision-making is priming in which interactions with a specific stimulus predisposes individuals toward certain behaviors or thoughts. The current study examined …

Quantifying The Impact Of Remapping Floodplains On Residential Property Values In Snohomish County, Washington: A Hedonic Approach, Carson Joseph Risner

All Master's Theses

Flood events are the most common and costly natural disasters. The Federal Emergency Management Agency (FEMA) quantifies flood risks in the form of Flood Insurance Rate Maps (FIRMS). These FIRMS delineate flood risks and are used to set flood insurance premiums. Changes in land use, the augmentation of the natural environment, is threatening the validity of the Nation’s FIRMS. Therefore, Congress has approved remapping programs to update these FIRMs ensuring that current flood risks are known. This remapping presents another issue, specifically for properties that are remapped into a flood zone. Current literature suggests that properties within flood zones are …

Evaluating The Spatial Trends And Statistical Determinants Of Residential Solar Uptake In Washington State, Caleb Michael Valko

All Master's Theses

Washington State’s Clean Energy Transformation Act and other state and federal policies encouraging solar power make Washington a ripe candidate to examine growth, trends, and potential determinants or barriers to residential solar uptake. In this thesis, residential solar is cumulatively and annually mapped by county (2000-2019) and Census tract (2017-2019) across the state to identify trends over time and space. Each variable (income, age, households, race, education, solar insolation, cost of solar per watt) was isolated individually to analyze the relationship (if any) to the dependent variable (i.e., residential solar installations). The covariates are then combined into a multiple regression …

Evaluating The Feed-In Tariff Policy In The Philippines, Joyce Marie P. Lagac, Josef Teofisto T. Yap

Ateneo School of Government Publications

To address the problems of climate change and energy security; the Philippines enacted the Renewable Energy (RE) Act of 2008. The law mandated the Feed-In Tariff (FiT) policy; which was designed to provide a guaranteed fixed price to RE investors for 20 years to develop renewable technology. This paper aims to evaluate the effectiveness of the FiT policy in promoting renewable energy development in the Philippines by assessing its costs and benefits. Data show that while the FiT has led to an increase in RE generating capacity; the share of renewable energy in the country has been declining since 2011. …

Public Debt, Its Impact On Gdp & Crowding Out Effect: Evidence From The Usa, Swapnil Landge

Publications and Research

In this study, we examined the long-term relationship between public debt, GDP, private investment, and interest rates. We found two significant long-term relationships among these variables. First, interest rates are positively correlated with public debt and negatively correlated with GDP. Second, private investment is negatively correlated with public debt and positively correlated with GDP. These findings suggest the presence of a crowding out effect, where public debt limits private investment by increasing interest rates and reducing access to available funds.

Borderplex Business Barometer, Volume 5, Number 1, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana

Border Region Modeling Project

No abstract provided.

Online Retirement Planning Training: The Effects Of Usability On Cognitive Load And Retirement Planning Activity Levels, Natasha Hardy

Dissertations, Master's Theses and Master's Reports

The shift from defined benefit to defined contribution retirement plans for the current generation of retiree planners, Generation X, has placed the onus on individuals to gather, comprehend, and utilize complex financial information in order to plan their own retirement. Low savings rates and retirement planning activity indicate that individuals are not up to the challenge. This research investigates the interplay of three facets of cognitive load, usability, tech and retirement anxiety and the effects of a usability intervention on retirement planning activity levels.

Study 1 used semi-structured interviews and cognitive task analysis to explore themes of computer and retirement …

สวัสดิการทางเศรษฐกิจและผลกระทบภายนอกของนโยบายบัตรสวัสดิการแห่งรัฐ, ณิชนันทน์ ขันกสิกรรม

Chulalongkorn University Theses and Dissertations (Chula ETD)

จากข้อมูลของสำนักงานคณะกรรมการพัฒนาเศรษฐกิจและสังคมแห่งชาติ ชี้ว่า สัดส่วนของผู้รับผลประโยชน์ของนโยบายนี้ (ผู้ถือบัตร) เป็นคนไม่จนเกือบร้อยละ 90 ของผู้รับผลประโยชน์ทั้งหมด สะท้อนว่า นโยบายบัตรสวัสดิการแห่งรัฐมีความคลาดเคลื่อนในการเจาะจงกลุ่มเป้าหมายจริง คือ คนจนไม่จริงได้รับประโยชน์ ในขณะที่คนจนจริงกลับไม่ได้รับประโยชน์ รวมถึง ยังไม่มีการติดตามและประเมินผลของนโยบายเชิงลึกในแง่ของพฤติกรรมการใช้จ่ายผ่านบัตรสวัสดิการแห่งรัฐ ที่กำกับการใช้จ่ายเพื่อบริโภคสินค้าอุปโภคบริโภคเท่านั้น และห้ามใช้จ่ายเพื่อบริโภคสินค้าให้โทษหรือสินค้าฟุ่มเฟือย การศึกษานี้จึงศึกษามาตรการการแจกเงินภายใต้นโยบายดังกล่าว เพื่อวิเคราะห์อุปสงค์การบริโภคและคำนวณสวัสดิการเศรษฐกิจของผู้ถือบัตรสวัสดิการแห่งรัฐ รวมถึงศึกษาสวัสดิการเศรษฐกิจกรณีดำเนินนโยบายแบบจำกัดการบริโภคสินค้าให้โทษเทียบกับต้นทุนด้านสุขภาพจากการบริโภคสินค้าให้โทษ ผ่านแบบจำลอง LES (Linear Expenditure System) โดยใช้ข้อมูลการสำรวจภาวะเศรษฐกิจและสังคมของครัวเรือน พ.ศ. 2562 ทั่วราชอาณาจักร จากสำนักงานสถิติแห่งชาติ และวิเคราะห์พฤติกรรมการใช้บัตรสวัสดิการแห่งรัฐของผู้บริโภคสินค้าให้โทษจากข้อมูลการสำรวจภาคสนาม โดยใช้สถิติเชิงพรรณนา ผลการศึกษาชี้ว่า นโยบายบัตรสวัสดิการแห่งรัฐช่วยเพิ่มสวัสดิการเศรษฐกิจสูงขึ้น เนื่องจากได้รับเงินช่วยเหลือผ่านบัตร การบริโภคจึงเพิ่มขึ้น อย่างไรก็ตาม เงื่อนไขจำกัดการบริโภคสินค้าให้โทษทำให้สวัสดิการทางเศรษฐกิจของผู้ถือบัตรสูญหายไปบางส่วน ซึ่งชดเชยได้ด้วยความสูญเสียทางสุขภาพที่ลดลง แม้โดยรวม ความสูญเสียทางสุขภาพที่ลดลง (275.01 ล้านบาทต่อปี) มีมูลค่าน้อยกว่าสวัสดิการทางเศรษฐกิจที่สูญหาย (389.38 ล้านบาทต่อปี) แต่มูลค่าสวัสดิการทางเศรษฐกิจที่สูญหายของกลุ่มบริโภคผลิตภัณฑ์ยาสูบ (40.52 ล้านบาทต่อปี) น้อยกว่าความสูญเสียทางสุขภาพที่ลดลง (58.38 ล้านบาทต่อปี) นอกจากนี้ ยังพบว่า ผู้บริโภคสินค้าให้โทษทั้ง 2 ประเภทที่ถือบัตรมีพฤติกรรมสลับกระเป๋าเงินอย่างชัดเจน คือ บริโภคทั้งเครื่องดื่มแอลกอฮอล์และผลิตภัณฑ์ยาสูบเพิ่มขึ้น แสดงว่า การจำกัดการบริโภคสินค้าให้โทษมิอาจควบคุมการบริโภคสินค้าให้โทษได้ โดยเฉพาะในกลุ่มผู้บริโภคที่เสพติดสินค้าให้โทษ หรือบริโภคสินค้าให้โทษเป็นประจำ

Behavioral Public Finance And Budgeting: New Approaches To Old Questions?, Salvador Espnosa, Kenneth A. Kriz, Juita-Elena (Wie) Yusuf

School of Public Service Faculty Publications

(First paragraph) The growing interest in the use of behavioral insights in the study of public administration and policy is contributing to the emergence of behavioral public administration (James et al., 2017). This subfield focuses on the “analysis of public administration from the micro-level perspective of individual behavior” (Grimmelikhuijsen et al., 2017, p. 45). For some scholars, this approach offers interesting opportunities to further the study of perceptions, attitudes, and behaviors of citizens, public sector staff, or public managers (Tummers, et al., 2016). The combination of behavioral theory and experimental approaches can improve the standing of the field of public …

Fixed Costs And The Division Of Labor, Haiwen Zhou

Economics Faculty Publications

How market size and the level of coordination costs determine the degree of specialization is studied in an infinite horizon model with the amount of capital determined endogenously. Firms producing the same intermediate good engage in oligopolistic competition and choose the degree of specialization of their technologies to maximize profits. A more specialized technology is a technology with a lower marginal cost, but a higher fixed cost. Interestingly, the relationship between the level of coordination costs and a firm’s degree of specialization is ambiguous. A firm in a country with a larger market size, more patient citizens, or a higher …

Developing An Institutional Arrangement For A Whole-Of-Government And Whole-Of-Community Approach To Regional Adaptation To Sea Level Rise: The Hampton Roads Pilot Project, Juita-Elena (Wie) Yusuf, J. Gail Nicula, Burton St. John Iii, Meagan M. Jordan, Michelle Covi, Carol Considine, Marina Saitgalina, Joshua Behr

School of Public Service Faculty Publications

Adaptation to sea level rise (SLR) requires coordination among local, state, and federal entities and collaboration across governments, nonprofits, businesses, and residents. This coordination and collaboration are reflected in institutional arrangements associated with a whole-of-government and whole-of-community approach to regional adaptation. This study analyzes the development of an interlocal agreement (ILA), the Hampton Roads Sea Level Rise Preparedness and Resilience Intergovernmental Planning Pilot Project (the Pilot Project), as an example of such an arrangement. This study assesses how factors throughout three phases of ILA development (initiation, implementation, and execution) influence outcomes and effectiveness. Drawing upon participant observation, document analysis, survey …

Local Fiscal Adjustments From Depopulation: Evidence From The Post–Cold War Defense Contraction, Timothy M. Komarek, Gary A. Wagner

Economics Faculty Publications

In this paper, we estimate the long-term causal effect of population losses on local government revenue, expenditure, and debt by exploiting a quasi-exogenous change that reduced the number of US military personnel by about 40 percent between the late 1980s and 2000. Aggregating across governmental units within commuting zones, we find that real per capita total revenues and expenditures remained unchanged for remaining citizens. At the same time, however, we note several important compositional effects. First, local governments appear to have offset reductions in state intergovernmental aid by increasing property tax revenues. Second, they significantly shifted the composition of expenditures …

Backfire: How The Rise Of Neoliberalism Facilitated The Rise Of The Far Right, Jacob Fuller

Capstone Showcase

The U.S. far right has become increasingly mainstream in contemporary American politics. In this paper, I analyze the theory that the far right has gained ground due to a backlash from neoliberal policies beginning in the 1980s under Ronald Reagan. Using Process tracing, I operationalize claims made by those arguing that the white working class has moved towards the far right due to their loss of status, as well as the theory that specific wealthy actors have mobilized these groups and altered the movement against neoliberalism to suit their interests. I find that these arguments have merit, and further the …

Are Investment Banks Helpful Or Hurtful? An Analysis Of Intraday Volatility In The Direct Listing Process As Compared To Investment Bank-Involvement In Traditional Ipos, Alexis Paff

Scripps Senior Theses

In this paper, I carry out an empirical analysis of the pricing volatility of direct listings as compared to traditional IPOs. Direct listings solve an efficiency problem in the US going-public market, in which well-funded, late-stage firms lack incentives to pursue a public listing, which would create liquidity for preexisting shareholders and allow for a more diverse body of public shareholders. Direct listings have been allowed on the New York Stock Exchange since early 2018, and four firms, Spotify, Slack, Asana, and Palantir, have gone public through this new listing mechanism. While underwriters are heavily involved in the IPO process, …

Black Maoism, But Make It Fashion: How The Black Panther Party Utilized Mao Zedong’S Marxist Interpretations In Conjunction With Fashion To Redefine Us Militarism, Chiugo Akujuobi

Scripps Senior Theses

This thesis explores the intersections present between the multifaceted, sociopolitical institutions of Marxism and communism with a highlight on their seedling Maoism; the revolutionary organization that is the Black Panther Party; and the art of fashion and processes that create modes of dress, that emblazon dress with identity, meaning, and purpose. The lenses with which these complex topics will showcase themselves and intersect are through militarism and militarization. These lenses and topics of intersection work in tandem to produce an examination of the Black Panther Party’s subversion and redefinition of the practices of militarism and militarization. Specifically, the main point …

Do Global Pandemics Matter For Stock Prices? Lessons From The 1918 Spanish Flu, Marco Del Angel, Caroline Fohlin, Marc D. Weidenmier

Business Faculty Articles and Research

We study the impact of the 1918 Spanish Flu on U.S. stock prices. We use the death rate to control for the impact of the global pandemic and war news reported in the New York Times to capture the positive effects of the end of World War I on stock prices. Using a new weekly hand collected NYSE stock price index, we show that there is a -.73 correlation between the aggregate stock market and the death rate. Furthermore, vector autoregressions demonstrate that the death rate can explain up to 24 percent of the forecast error variance in the aggregate …

The Impact Of Place-Based Policy: Evidence From A Multiple Synthetic Control Analysis Of The Northeastern Revitalization Program In China, Justin T. Callais, Linan Peng

School of Business and Leadership Working Papers

We examine the effect of a well-known place-based policy in China, the Northeastern Revitalization Program. In 2003, the State Council of the People’s Republic of China initiated the program in northeastern China by removing an agricultural tax, enhancing the urban social security system, facilitating foreign investments, and restructuring state-owned enterprises (SOEs) in the region. Using a budding case-study approach (the synthetic control method), we find that the program had no significant effect on GDP per capita in all three regions. Liaoning had slightly worse GDP per capita post-treatment, as well as Heilongjiang (albeit to a less extent). While the multiple …

Postbellum Electoral Politics In California And The Genesis Of The Chinese Exclusion Act Of 1882, Vincent Geloso, Linan Peng

School of Business and Leadership Working Papers

After the Civil War, the Democratic party carried an important electoral penalty from being associated with the war. To deal with this penalty, the party took increasingly anti-immigration positions to compete with Republicans. This led some Republican strongholds such as California to become competitive and also forced Republicans to embrace stricter immigration proposals. In this paper, we argue that adopting anti-immigration and raising awareness against immigration made California increasingly competitive in electoral terms. This electoral competitiveness can serve to explain the genesis of the 1882 Chinese Exclusion Act.

The Evolution Of Technology, Kelly Cooper

Williams Honors College, Honors Research Projects

As per outlined by Dr. Quinn, this literature review will be a comprehensive review paper including an overview of current and previous research done in the field of Memetics. This will further include sifting through literature to hone in on a specific, new area of memetics Dr. Weeks is focused on, the evolutionary change of abiotic factors through purchasing. This is to be completed with the help of the library worshops designed to teach the skills necessary to undergo a literature review of this size. I will also participate in weekly reading groups to discuss papers and work closely with …

Recreational Marijuana In Ohio: A Cost Benefit Analysis, Noah Polanski

Williams Honors College, Honors Research Projects

This study aims to analyze the cost and benefits of legalizing recreational marijuana in Ohio by estimating the monetary value of major cost and benefit items caused by legal recreational marijuana being implementing in Ohio. Key areas that are used in the analysis to give an accurate picture of the costs and benefits of marijuana are the areas of: tax revenue, the labor market, the criminal justice system, public health and safety, and educational attainment. By focusing on changes experienced in other states that have legalized, a realistic estimation of what will happen in Ohio can be made.

Data shows …

Ways Forward In Energy Markets And The Environment, Jacob Nelson

Williams Honors College, Honors Research Projects

Renewable energy sources have come to the forefront of energy production policy over the last twenty years. Studies of external and direct costs of both renewable and nonrenewable energy sources have contributed to growing understandings of ways in which these energy sources can be compared in a monetary context. Using data from the U.S. Energy Information Administration (EIA) alongside international data from the International Renewable Energy Agency (IRENA) among other sources, we have developed forecasts for the future costs, both direct and social, of each energy source as well as a difference-in-difference experiment to determine potential effects of state-level energy …

The Digital Revolution Revisited: Artificial Intelligence & Employment, Nicholas Lavy

Williams Honors College, Honors Research Projects

Artificial intelligence (AI) is a quickly advancing technology that has the potential to displace a great deal of workers. Unlike past automation-based technologies, I find that high skilled labor is more impacted by AI than lower skilled labor. In order to analyze the impact that AI will have on the labor market, I utilize a fixed effects model for a historical case of automation’s impact on employment and a fitted parameter methodology to analyze the careers most and least exposed to artificial intelligence. My results suggest that an increase in exposure to automation technologies by one percentile leads to a …

A Contemporary Study On The Impact Of Regulations On Business Performance, Brian C. Mulligan

Theses and Dissertations

This dissertation examines Nobel Prize Laureate Hayek's ominous warning that economic liberty in the U.S. is at risk, due to regulations, of becoming an unplanned administrative state. The research seeks to understand the effects of regulations on business performance and how to right-size them for a healthy business environment. These objectives are accomplished with two papers: (1) a macro cross-discipline literature review and call for research on the impact of regulations on business performance, and (2) a qualitative grounded theory study from interviews from elite business executives on their perspectives on the impact of regulations on business performance. The findings …

The Effect Of Low Skill Job Opportunities On Postsecondary Enrollment, Mallory Radesic

Williams Honors College, Honors Research Projects

This research examines the effect that low skill job opportunities have on the probability of enrollment in postsecondary institutions between men and women, namely the construction and manufacturing industries. The research is based on the human capital investment theory, which states that individuals will enroll in postsecondary institutions when the perceived benefits outweigh the costs. More job opportunity heightens the opportunity cost of enrollment, hence lowering the probability of enrollment. After running a probit model, there is evidence that enrollment is countercyclical and that enrollment decisions do not vary significantly between men and women. I find that a 1 percent …

Impact Of Unemployment Insurance Benefit Generosity On Re-Employment Wages During The Great Recession, Hayden Cobb

Williams Honors College, Honors Research Projects

This paper examines the impact of the replacement ratio on re-employment wages during the great recession. This is done using a data set from IPUMS CPS displaced workers supplement between 2005 and 2012. Using OLS analysis, I estimated the impacts of the replacement ratio on the ratio of re-employment wages to pre-unemployment wages. I found that a replacement ratio of one would lead to a 77.6% increase in the ratio of re-employment wages to pre-unemployment wages, without the consideration of any other variables. The findings of the replacement ratio support economic theory and contradict the findings of some major papers …

Policies Addressing Barriers To Low-Income Women And Children’S Health Care Utilization In The United States And Kenya: The Role Of Physician Payments And Cash Transfer Programs, Muloongo Simuzingili

Theses and Dissertations

This dissertation examined two policies to improve low-income women and children’s healthcare utilization: physician payments and cash transfer programs. Higher physician payments increase the supply of healthcare services while cash transfers increase individuals’ demand for healthcare services. Cash transfer programs can improve health outcomes, yet the extent to which they are a cost-effective strategy is largely understudied. Therefore, this dissertation examines three overarching research questions:

1. Are Medicaid physician fees associated with access to substance abuse disorder (SUD) treatment among low-income women of reproductive age?
2. Do economic preferences moderate cash transfer program effects on children’s health care utilization? Evidence from a …

Pengaruh Struktur Umur Penduduk Terhadap Pertumbuhan Ekonomi Di Indonesia, Endah Kurniawati, Catur Sugiyanto

Jurnal Ekonomi dan Pembangunan Indonesia

This study examines the effect of the population structure transition on economic growth using a panel data of 33 provinces in Indonesia from 2000 to 2015. The main working-age group has a positive effect on economic growth, while the middle age group has a negative effect. Furthermore, population growth has a negative effect on economic growth. The effect of population density on economic growth is very small. There is no difference on average economic growth inter-island in Indonesia except for Sulawesi Island which has a higher average economic growth compared to Java Island.

Pola Perdagangan Global Pada Perusahaan-Perusahaan Berteknologi Tinggi, Dyah Wulan Sari, Wenny Restikasari

Jurnal Ekonomi dan Pembangunan Indonesia

This study deals with firm level data of Indonesian high-tech manufacturing industries to determine firm’s production, especially among global trade variables, such as export intensity, vertical trade integration, and two-way trade. This study employs a generalized method of moments (GMM) approach to examine the most important factors of a global trade phenomenon. In the full-sample, the result demonstrates that vertical trade integration and two-way trade are significant determinants on firm’s production while export intensity is not. In ordinary trader sub-sample, export intensity is a significant determinant of firm’s production, whereas in vertical trader sub-sample export intensity is not.

Penyerapan Tenaga Kerja Dan Pertumbuhan Ekonomi Menuju Era Bonus Demografi Di Sumatra Barat, Sri Maryati, Hefrizal Handra, Irwan Muslim

Jurnal Ekonomi dan Pembangunan Indonesia

Indonesia’s provincial population projection in 2010–2035 shows West Sumatra is one of the provinces that may not experience a demographic bonus or it could be delayed to the next period. This study aims to analyze the determinants of sectoral employment absorption and its effect on economic growth with a demometric approach. The result shows that the absorption of labor in West Sumatra is influenced by economic variables (Gross Regional Domestic Product) and demographic variables (Human Development Index). As a consequence, the productivity and the quality of human resources become important factors to achieve demographic bonus in West Sumatra.