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2025

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Full-Text Articles in Economics

Towards All-Under-Heaven: China’S Geoeconomic Strategy In The Asia-Pacific Region, Alfariza Dika Azzani Aug 2025

Towards All-Under-Heaven: China’S Geoeconomic Strategy In The Asia-Pacific Region, Alfariza Dika Azzani

Global: Jurnal Politik Internasional

This research aims to understand China’s geoeconomic strategy in reshaping the alternative international order in the Asia-Pacific region. China’s economic rise increased its geopolitical influence and significance as a global great power. The Chinese Communist Party (CCP) government, under Xi Jinping, has adopted classical ideas in its foreign policymaking, including tianxia. Tianxia is a classical concept of a hierarchical Sinocentric international order. An empirical study was conducted on several cases of China’s economic policy and analysed with the congruence method to determine the correlation between the tianxia concept and China’s economic policy. Tianxia served as a paradigm and justification for …


The Impacts Of Urban And Rural Education Inequality On Individual Career Development : The Case Of Guangdong Province, Shuang Chen Aug 2025

The Impacts Of Urban And Rural Education Inequality On Individual Career Development : The Case Of Guangdong Province, Shuang Chen

Lingnan Theses (Doctoral degree)

The study focused on the disparity in educational opportunities between urban and rural areas. This has been one of the most debated topics in China, especially when related to Guangdong Province. This dissertation explored how disparities in urban-rural educational outcomes influence individual career attainment and income levels and discusses the broader socio-economic implications of such disparities. This study positioned its analysis within the structural-functionalist framework and underlined how inequities in educational resources affect career outcomes. This focuses on a household registration policy called the hukou system, which has played a crucial role in determining education's access to resources and career …


How Public Education Policies Drive Economic Growth In Asean : An Analysis Of Resource Allocation Theory, Human Capital Accumulation, And Structural Transformation Pathways, Jiacheng Li Aug 2025

How Public Education Policies Drive Economic Growth In Asean : An Analysis Of Resource Allocation Theory, Human Capital Accumulation, And Structural Transformation Pathways, Jiacheng Li

Lingnan Theses (Doctoral degree)

This study examines how public education policies influence economic growth across ASEAN nations through the theoretical lens of resource allocation theory. While ASEAN has maintained an average GDP growth rate of 5.1% since 2000, significant disparities between high-growth and low-growth economies persist in educational investment and outcomes.

Methodologically, the study conducts empirical studies and integrates panel data (1990–2023) across ten member states that underwent spatial econometrics analysis. It dissects three transmission pathways: (1) human capital accumulation enhancing labor productivity via skill development; (2) educational stratification driving industrial restructuring; and (3) spatial spillovers facilitating cross-border knowledge diffusion. These mechanisms are operationalized …


Formulation And Impact Of Wellness Tourism Policy On Household Income In Rural China, Zhuoer Zhong Aug 2025

Formulation And Impact Of Wellness Tourism Policy On Household Income In Rural China, Zhuoer Zhong

Lingnan Theses (Doctoral degree)

Following the policy "Health China 2030" issued by the Chinese central government in 2016, wellness tourism has become one of the key strategic industries in China. Presently, research on wellness tourism policy in China generally focuses on market development. At the same time, there is a lack of relevant research on the extent to which policies on wellness tourism pay attention to rural revitalization and its effect on rural households. This study mainly aims to explore the Chinese government's attention to wellness tourism policy and the influence of wellness tourism policies on rural residents' income.

By using quantitative research methods, …


Trump Administration Trade Policy: A Historical Perspective And Key Questions & Takeaways, Matthew P. Schaefer Aug 2025

Trump Administration Trade Policy: A Historical Perspective And Key Questions & Takeaways, Matthew P. Schaefer

Yeutter Institute International Trade Policy Review

Offers a historical perspective with key questions and takeaways about the Trump Administration's trade policy. Covers the periods of the first Trump Presidency (2017-2021), the Biden Administration (2021-2025), and the second Trump Administration (2025-).


Low Beta Anomaly In Some European Emerging Markets, Tadeusz Winkler-Drews, Mateusz Mogilski Aug 2025

Low Beta Anomaly In Some European Emerging Markets, Tadeusz Winkler-Drews, Mateusz Mogilski

Journal of Banking and Financial Economics

The aim of the study was to identify the low beta anomaly and analyse the causes of its occurrence in five European emerging markets that were components of the MSCI Emerging Markets Europe index in the period 2010–2019. It was hypothesized that the determinants of the low beta anomaly in the analysed markets are factors from at least two of the three categories of variables. Using the Betting Against Beta model proposed by A. Frazzini and L. H. Pedersen (2014), we found that this phenomenon was not identified in three markets, but occurred in the remaining two markets, for which …


Factors Influencing The Performance Of Farmer-Producer Organizations (Fpos) And Their Societal Impact In Tamil Nadu, Arjune S Aug 2025

Factors Influencing The Performance Of Farmer-Producer Organizations (Fpos) And Their Societal Impact In Tamil Nadu, Arjune S

Theses and Dissertations

Farmer Producer Organizations (FPOs) are formed mainly for the farmers to have better institutional access to acquire them. They are also under the inspiration of the director's abstinence and the incentive of getting more money. These are socio-psychological individual differences and thus of importance to markets, the perception of markets, and market relevance of group interaction. Self-esteem, attitude to participation in group activities, and willingness to participate in these types of activities are of some significance for his/her performance because they have an effect on their performance afterward.

Farmer social empowerment increased but not farmer economic empowerment did so much …


Impact Of Exchange Traded Funds (Etf) Holdings On Retail Investors’ Mutual Fund Portfolios Performance, Arunachalam R Mr Aug 2025

Impact Of Exchange Traded Funds (Etf) Holdings On Retail Investors’ Mutual Fund Portfolios Performance, Arunachalam R Mr

Theses and Dissertations

As evidenced by the practices passed down through generations the importance of savings and investments is well established in Indian culture. Indian investors consider investment as an essential commitment to financial sustainability and safeguarding dependents. Indians implement investment strategies during their working years to ensure long term financial security and support for future generations.

These cultural practices support the foundation of personal finance in India and well established financial theories (MPT, CAPM and EMH) guide optimising investment outcomes (SEBI, 2020). The effects of inflation and increased life expectancy made Indian investors aware of the need for a substantial financial corpus …


Using Economic Data To Understand Local Childcare Challenges, Andrew J. Van Leuven, Tessa Conroy Aug 2025

Using Economic Data To Understand Local Childcare Challenges, Andrew J. Van Leuven, Tessa Conroy

Journal of Extension

The childcare sector holds vital implications for community development. Overcoming barriers to access and affordability requires a nuanced understanding of this complex sector, a requirement which is further complicated by limited data availability. This paper reviews key data sources and uses historical business data to explore and analyze trends in childcare establishment availability by region. Supplementing the analysis is a discussion of the implications for community economic development Extension professionals, including the importance of data literacy and the need to support local childcare providers.


Firm Capabilities Versus Regional Factors: A Random Forest Approach For Predicting Toxic Chemical Releases Among Us Industrial Facilities, Mahelet G. Fikru, Jennifer Brodmann Aug 2025

Firm Capabilities Versus Regional Factors: A Random Forest Approach For Predicting Toxic Chemical Releases Among Us Industrial Facilities, Mahelet G. Fikru, Jennifer Brodmann

Economics Faculty Research & Creative Works

Predicting toxic releases remains a challenge for environmental protection, as effective regulation and mitigation depend on understanding the key drivers behind firms' pollution behavior. We examine the factors that influence firm environmental pollution by determining whether corporate capabilities or regional factors better predict toxic chemical emissions. We combine toxic releases data across 1976 industrial facilities in the United States with firm-level financial performance indicators and regional socio-demography variables to identify the most significant predictors of environmental outcomes. We use a random forest model due to its ability to capture complex, nonlinear interactions among predictors and provide robust variable importance rankings. …


Order Statistics As Finite Mixtures, José-Antonio Espín-Sánchez, Charles Hodgson, Kevin O’Neill Aug 2025

Order Statistics As Finite Mixtures, José-Antonio Espín-Sánchez, Charles Hodgson, Kevin O’Neill

Cowles Foundation Discussion Papers

We propose a new way to obtain identification results using order statistics as finite mixtures with two key properties: i) the weights are known integer numbers; and ii) the elements of the mixture are the distributions of the maximum over a subset of the original random variables. We leverage Exponentiated Distributions (ED), which extend extreme value theory results. ED are max-stable, and we show that finite mixtures of ED are linearly independent. This enables us to derive non-parametric identification results and extend commonly known results using Gumbel and Fréchet distributions, both examples of ED. The results have broad applications in …


Perkembangan Syarikat Bekerjasama Kedah Dan Perlis, 1926-1956, Nur Najwa Yusof Aug 2025

Perkembangan Syarikat Bekerjasama Kedah Dan Perlis, 1926-1956, Nur Najwa Yusof

Student Works (2020-2029)

This study examines on the development of cooperative companies established in Kedah and Perlis between 1926 until 1956. The focus of this study is to make sure if this institution is capable to change the social economic status of its members and to elaborate the scenario of the farmers in Kedah and Perlis before the cooperative companies are fully established in these two states. This study also examines the forms of social cooperation that has been the practice of the Malay community before the British colonisation. Other than that, this study focuses on the governance and organisation of the cooperative …


Development Of An Access Charge Framework For High-Speed Rail Incorporating Rail Replacement Costs And Dynamic Train Characteristics, Nitesh Kumar Yadav Aug 2025

Development Of An Access Charge Framework For High-Speed Rail Incorporating Rail Replacement Costs And Dynamic Train Characteristics, Nitesh Kumar Yadav

UNLV Theses, Dissertations, Professional Papers, and Capstones

This thesis develops a framework to determine track access charges for shared high-speed rail corridors, with a focus on rail replacement cost driven by train-induced loads. The method explicitly accounts for both static loads, resulting from axle weights, and dynamic loads that arise from train speed and track geometry, particularly curvature. Train characteristics such as axle load, operating speed, frequency of service, and number of wheels are integrated with track parameters, including curve radius, to calculate the total vertical load. These loads are used to estimate the cumulative tonnage threshold for rail replacement and the resulting service life of the …


Rooted In Resilience: Exploring Indigenous Economic Models And Sustainability On The Rocky Boy Indian Reservation., Dominique Nault Aug 2025

Rooted In Resilience: Exploring Indigenous Economic Models And Sustainability On The Rocky Boy Indian Reservation., Dominique Nault

Capstone Collection

This study examines how traditional practices and cultural values of the Chippewa Cree shape the economic identity and sustainability of the Rocky Boy Indian Reservation. Using a mixed-methods approach that combined demographic surveys with culturally grounded interviews, the research reveals that economic development in the community is inseparable from traditional knowledge systems, collective well-being, and ecological stewardship. Rather than centering on financial accumulations, wealth is defined by family, community, and cultural continuity, placing traditional knowledge on par with land and monetary resources.

Three central themes emerged from the data: (1) the enduring role of traditional values and cultural knowledge in …


Leadership Strategies To Enhance The Sustainability Of Virginia United Methodist Churches, Randolph Raymond Shelton Aug 2025

Leadership Strategies To Enhance The Sustainability Of Virginia United Methodist Churches, Randolph Raymond Shelton

Walden Dissertations and Doctoral Studies

Walden University August 2025 United Methodist church attendance has declined for numerous years in the United States and other areas worldwide. Many United Methodist church leaders face challenges in achieving church sustainability. The purpose of this descriptive phenomenological study was to explore the lived experiences of Virginia United Methodist church leaders concerning leadership strategies to enhance church sustainability. The study’s conceptual framework consisted of Bass and Avolio’s full range leadership model and Lewin’s three-stage change model. The participants comprised United Methodist church leaders who held positions as Virginia Conference district superintendents, pastors, and the bishop. The data collection method was …


Real Earnings Management Among Industries: Does Market Competition Matter?, Michał Comporek Aug 2025

Real Earnings Management Among Industries: Does Market Competition Matter?, Michał Comporek

Journal of Banking and Financial Economics

This paper investigates real earnings management (REM) practices in public non-financial companies listed on the Warsaw Stock Exchange (WSE) from 2014 to 2023, focusing on sectoral differences and the influence of market competition. REM, defined as deviations from normal business operations aimed at manipulating reported earnings, can distort financial information and harm long-term firm value. This study contributes to the existing literature in two key ways. First, it examines variations in abnormal levels of production costs, sales, and discretionary expenditures – REM proxies based on Roychowdhury’s methodology – across sectors classified according to the WSE’s industry framework. This sectoral classification, …


The Global Gender Distortions Index (Ggdi), Pinelopi Goldberg, Charles Gottlieb, Somik Lall, Meet Mehta, Michael Peters, Aishwarya Lakshmi Ratan Aug 2025

The Global Gender Distortions Index (Ggdi), Pinelopi Goldberg, Charles Gottlieb, Somik Lall, Meet Mehta, Michael Peters, Aishwarya Lakshmi Ratan

Discussion Papers

The extent to which women participate in the labor market varies greatly across the globe. If such differences reflect distortions that women face in accessing good jobs, they can reduce economic activity through a misallocation of talent. In this paper, we build on Hsieh et al. (2019) to provide a methodology to quantify these productivity consequences. The index we propose, the ”Global Gender Distortions Index (GGDI)”, measures the losses in aggregate productivity that gender-based misallocation imposes. Our index allows us to separately identify labor demand distortions (e.g., discrimination in hiring for formal jobs) from labor supply distortions (e.g., frictions that …


Volume Ii | Issue I | 2025 Aug 2025

Volume Ii | Issue I | 2025

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


Inflation Targeting And Inertial Rules, Araha Uday Aug 2025

Inflation Targeting And Inertial Rules, Araha Uday

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


Restrictions On Veto Power: Holding The Permanent Five Accountable In The Face Of Intervention And Peacekeeping Operations, Theo Aldrighi Aug 2025

Restrictions On Veto Power: Holding The Permanent Five Accountable In The Face Of Intervention And Peacekeeping Operations, Theo Aldrighi

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

ABSTRACT: This article examines the structural constraints of the United Nations Security Council, with a focus on the veto power of its permanent members and its implications for intervention and peacekeeping. Through a realist lens and grounded in structural analysis, it contends that the recurrent paralysis of the Council in the face of mass atrocities stems from entrenched power asymmetries. The paper advances a bifold proposal: the adoption of the French-Mexican initiative to suspend veto use in cases of mass atrocities, and the entrenchment of the Council’s authority to authorize the use of force under defined conditions. Drawing on case …


Clickbait Economics: When Narratives Outshine Fundamentals, Esther Eisenstat Aug 2025

Clickbait Economics: When Narratives Outshine Fundamentals, Esther Eisenstat

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


Judicial Lustration In Backsliding Democracies: Causes And Solutions For Publication, Collin Mcdonnell Aug 2025

Judicial Lustration In Backsliding Democracies: Causes And Solutions For Publication, Collin Mcdonnell

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


Eco-Humanitarianism: A Political Ecological Framework For Humanitarian Resilience, Roksanna Keyvan Aug 2025

Eco-Humanitarianism: A Political Ecological Framework For Humanitarian Resilience, Roksanna Keyvan

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


Export Processing Zones: Misguided Vehicles Of Globalization, Isabella Calise Aug 2025

Export Processing Zones: Misguided Vehicles Of Globalization, Isabella Calise

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


The Effects Of A Geopolitical Policy—Case Study Of “Korea Limitation Order” Upon The Cultural Entertainment Industry In China, Zhilin Li Aug 2025

The Effects Of A Geopolitical Policy—Case Study Of “Korea Limitation Order” Upon The Cultural Entertainment Industry In China, Zhilin Li

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

This paper examines the impact on the South Korean Cultural Entertainment Indus- try(CEI) of China’s “Korea Limitation Order”. In November 2016, Beijing restricted South Korean artists from holding concerts and the broadcast of South Korean TV dramas and banned cooperation between the two countries in the entertainment in- dustries. This paper focuses on the effect this had on exports of cultural products and relating industries from Korea, and how Korea was able to adjust to this geopolitical shock. I examine exports from Korea to China, Japan, and the United States using data from Cultural Entertainment Industry Products Exports, such as …


Development Analysis Of South Africa: Potential Impacts Of The Democratic Alliance’S Presence In The New Coalition, Mitchell Susswein Aug 2025

Development Analysis Of South Africa: Potential Impacts Of The Democratic Alliance’S Presence In The New Coalition, Mitchell Susswein

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


Does Bilingualism On Resumes Affect Callback Rates?, Autumn Halfpenny Aug 2025

Does Bilingualism On Resumes Affect Callback Rates?, Autumn Halfpenny

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

I study the influence of bilingualism in Spanish on the likelihood of receiving a callback for female customer service positions in the Chicago area. Data are collected from sixteen unique resumes submitted to 131 different job postings in an audit study, with applicants differing in bilingual ability. Bilingualism in Spanish significantly in- creases the likelihood of a callback by 17.86%-25.4%, implying bilingualism is valued in customer service roles. This suggests that bilingualism in Spanish may increase job prospects. While previous research studies this using observational and survey data, I use an audit study design with resumes to obtain causal results. …


Housing Construction In Washington, Dc: A Spatiotemporal Perspective, Willem Ells Aug 2025

Housing Construction In Washington, Dc: A Spatiotemporal Perspective, Willem Ells

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


The Effects Of Pandemic School Closures On Standardized Testing Outcomes: Evidence From Connecticut, Michael Manieri Aug 2025

The Effects Of Pandemic School Closures On Standardized Testing Outcomes: Evidence From Connecticut, Michael Manieri

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

During the Covid-19 pandemic, schools around the nation closed to prevent the virus’s spread. Following these closures, students’ performance on standardized exams worsened. Using a two-way fixed effect model with district and year fixed effects, I examine if the use of non-traditional schooling modes (i.e. hybrid and virtual) during the pandemic is associated with lower ELA and Math proficiency rates in Connecticut public schools. I find that Connecticut public school districts’ Math and ELA pass rates on the annual Smarter Balanced exam significantly decreased as they used higher levels of virtual and hybrid education. The magnitude of this decrease was …


Bank Stocks And Roosevelt’S Bank Holiday, Marc Weidenmier, Angela Vossmeyer, Nathan Stella, Oncel Aldanmaz Aug 2025

Bank Stocks And Roosevelt’S Bank Holiday, Marc Weidenmier, Angela Vossmeyer, Nathan Stella, Oncel Aldanmaz

Business Faculty Articles and Research

Roosevelt’s Bank Holiday in March 1933 aimed to halt bank runs and implement licensing for banks. Using a new hand-collected daily database, we examine how bank stocks and bond markets responded to this sweeping regulation. We find that New York City banks saw significant negative abnormal returns, while Chicago banks experienced positive returns, highlighting regional differences in perceptions of the policy. Corporate bond yields fell by 1.4 percentage points, lowering interest rates. Our findings show how markets reacted differently across regions and asset classes to this critical intervention.