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Articles 151 - 180 of 381
Full-Text Articles in Economics
Research Highlights From The 2015 Inner City Economic Summit, Kim Zeuli, Haifeng Qian
Research Highlights From The 2015 Inner City Economic Summit, Kim Zeuli, Haifeng Qian
Employment Research Newsletter
No abstract provided.
Are We Approaching An Economic Singularity? Information Technology And The Future Of Economic Growth, William D. Nordhaus
Are We Approaching An Economic Singularity? Information Technology And The Future Of Economic Growth, William D. Nordhaus
Cowles Foundation Discussion Papers
What are the prospects for long-run economic growth?, the present study looks at a more recently launched hypothesis, which I label Singularity . The idea here is that rapid growth in computation and artificial intelligence will cross some boundary or Singularity after which economic growth will accelerate sharply as an ever-accelerating pace of improvements cascade through the economy. The paper develops a growth model that features Singularity and presents several tests of whether we are rapidly approaching Singularity. The key question for Singularity is the substitutability between information and conventional inputs. The tests suggest that the Singularity is not near.
The Nexus Of Financial Deepening, Economic Growth, And Poverty: The Case Of Pakistan, Abdur Rehman Aleemi, Muhammad Azam
The Nexus Of Financial Deepening, Economic Growth, And Poverty: The Case Of Pakistan, Abdur Rehman Aleemi, Muhammad Azam
Business Review
This study investigates the nexus of financial development, economic growth, and poverty for Pakistan over a prolonged period of time, 1960- 2012. Autoregressive Distributed Lag (ARDL)-Bounds testing approach to co integration and Unrestricted Error Correction Model (UECM)along with VECM Granger causality have been applied to examine the long-run dynamic relationship among financial development, economic development and poverty. For that purpose, we have developed two models and adopted a new and relatively strong proxy for financial development. The results suggest that financial development negatively affects both long-run and short-run economic growth. However, financial development is found to be positively affecting per …
Economic And Fiscal Impact Of The Proposed South Haven Community Event Center, George A. Erickcek
Economic And Fiscal Impact Of The Proposed South Haven Community Event Center, George A. Erickcek
Reports
No abstract provided.
Public-Private Partnerships, Ishrat Husain Dr.
Public-Private Partnerships, Ishrat Husain Dr.
Faculty Research - Newspaper and Magazine Articles
There is unanimity of view that Pakistan faces enormous deficiencies in its infrastructure, particularly the energy sector, that is slowing down the rate of growth and creating stress and disenchantment among business and society. It is also true that the federal Public Sector Development Programme does not have enough fiscal space to accommodate all priority projects. At the same time, there is a buoyant private sector that is sitting on ample cash surpluses and looking for profitable opportunities. So there is a demand for infrastructure projects and there is supply of resources available from investors willing and able to finance …
The Impact Of Research And Development On Economic Growth And Productivity In The U.S. States: Online Appendix, Luisa Blanco, James Prieger, Ji Gu
The Impact Of Research And Development On Economic Growth And Productivity In The U.S. States: Online Appendix, Luisa Blanco, James Prieger, Ji Gu
School of Public Policy Working Papers
This online appendix accompanies the article forthcoming in the Southern Economic Journal. This appendix contains additional information on the data and methodology used in the article, as well as results from additional and supplementary estimations.
An Indentured Generation? The Effect Of Student Debt On Entrepreneurship In The United States, Lidia P. Medina
An Indentured Generation? The Effect Of Student Debt On Entrepreneurship In The United States, Lidia P. Medina
Renée Crown University Honors Thesis Projects - All
This paper discusses the topical issue of rising student debt and the effect it has on employment decisions, particularly entrepreneurship. This paper aims to analyze this relationship using labor economic theories on investing and saving, labor decisions and risk aversion. Additionally, it discusses the role of entrepreneurship on economic growth and globalization using both historical and present-day data gathered from the National Longitudinal Survey of Youth (1997—2011), The Kauffman Research Center, and the US Department of Education.
More Money, Less Problems? New Answers To Aid Allocation Questions, Jackson Beazer
More Money, Less Problems? New Answers To Aid Allocation Questions, Jackson Beazer
FHSS Mentored Research Conference
I wanted to investigate how the economic growth of developing countries affects the amount of aid it receives. In a study of the models previously used in aid allocation research, I noticed that the literature alternates between aid per capita and total commitment amounts as the dependent variable. After trying both, I found that economic growth is significant in the aid allocation models, but not in the aid per capita models. I hypothesized that while aid per capita models embody an individual focus on the needs of the recipient country, total aid allocation models embody more of a focus on …
Accelerate: Economic Development Strategy And Prosperity Plan For The I-69 Thumb Region, George Erickcek, Bryan Bommersbach, Don Edgerly, Brian Pittelko, Claudette Robey, Jim Robey
Accelerate: Economic Development Strategy And Prosperity Plan For The I-69 Thumb Region, George Erickcek, Bryan Bommersbach, Don Edgerly, Brian Pittelko, Claudette Robey, Jim Robey
Reports
Accelerate is the culmination of a collaborative planning process for a seven-county area spearheaded by the Flint & Genesee Chamber of Commerce and the Genesee Lapeer Shiawassee (GLS) Region V Planning & Development Commission, resulting in a coordinated Federal Economic Development Strategy and State Prosperity Plan. This document ties together the U.S. Economic Development Administration Comprehensive Economic Development Strategy (CEDS) and the Region 6 Prosperity plans into a single, unified plan expressing a shared economic vision for Shiawassee, Genesee, Lapeer, St. Clair, Tuscola, Huron, and Sanilac counties. Accelerate creates an economic roadmap for unified actions in the region leading to …
Interest Rate Elasticity Of Private Sector Credit In Nigeria, A. Bamidele, K. O. Oji, E. S. Smith, L. S. Jimoh
Interest Rate Elasticity Of Private Sector Credit In Nigeria, A. Bamidele, K. O. Oji, E. S. Smith, L. S. Jimoh
Economic and Financial Review
This study estimated the interest rate elasticity of private sector credit in Nigeria using the Vector Error Correction mechanism. The variables specified included real private sector credit. real GDP. Prime and maximum lending rates, exchange rate, 9)-day Treasury bill rate, inflation rate and all share index of the Nigerian Stock Exchange. The data utilised covered the period: 1998 Q1 to 2013 Q4. Granger causality tests were performed, and the co-integration analysis of the Johansen system-wide procedure was employed. The results indicated thot private sector credit was fairly interest inelastic in terms of both maximum and prime lending rates. The estimated …
Southcentral Michigan Five-Year Comprehensive Economic Development Strategy: Final Report, George Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget Timmeney
Southcentral Michigan Five-Year Comprehensive Economic Development Strategy: Final Report, George Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget Timmeney
Reports
No abstract provided.
Economic Development And Female Labor Force Participation In The Middle East And North Africa: A Test Of The U-Shape Hypothesis, Kelsey A. Chapman
Economic Development And Female Labor Force Participation In The Middle East And North Africa: A Test Of The U-Shape Hypothesis, Kelsey A. Chapman
Gettysburg Economic Review
This paper investigates the relationship between economic development and female labor force participation in the Middle East and North Africa (MENA). Using a panel data set of 20 countries in the region for the period of 1990-2012, I develop an econometric model that tests the U-shape hypothesis. This study builds upon previous literature examining the U-shape hypothesis in time series studies for developing countries, and cross-country studies. The results of this paper suggest that there is a U-shaped relationship between economic growth and female labor force participation rates. The MENA region’s low female labor force participation rates can be explained …
Flooding In The Kashmir Valley: Macroeconomic Effects Of A Natural Disaster In India, Danielle Cupp
Flooding In The Kashmir Valley: Macroeconomic Effects Of A Natural Disaster In India, Danielle Cupp
Gettysburg Economic Review
This paper presents India’s economic growth by comparing it to that of the United States. In addition, this paper analyzes current events in India under a macroeconomic lens as it provides the macroeconomic impacts of said events. More specifically, this paper focuses on the ways in which unexpected severe flooding have impacted Northern India in the short-, medium-, and long-run. Analyses conclude with policy recommendations based on the goals of India’s central bank, the Reserve Bank of India (RBI).
2014 Fed Challenge Script: Current State Of The Economy, Jieran Liu, William W. Northrop, Matthew Nadler, Owen J. Rothe, Ryan M. Williams
2014 Fed Challenge Script: Current State Of The Economy, Jieran Liu, William W. Northrop, Matthew Nadler, Owen J. Rothe, Ryan M. Williams
Gettysburg Economic Review
Good afternoon everyone and thank you for having us here today. Though the recession began in 2007 and officially ended in 2009, recovery has been painfully slow. GDP growth has been insufficient to close the output gap, there continues to be slack in the labor market and inflation has stabilized below the Federal Reserve percent target. We are not meeting our dual mandate of full employment and stable prices even 6 years after the end of the recession. Despite some signs of strengthening in the economy during the past year, we do not believe that economy is on a self-sustaining …
Fiscal Policy, Laffer Curves And Economic Growth, Si Gao
Fiscal Policy, Laffer Curves And Economic Growth, Si Gao
Legacy Theses & Dissertations (2009 - 2024)
The doctoral dissertation consists of three essays on the topics of economic growth and fiscal policy.
Industry Career Guide: Banking And Finance, Tereso S. Tullao Jr, Roberto Raymundo
Industry Career Guide: Banking And Finance, Tereso S. Tullao Jr, Roberto Raymundo
Angelo King Institute for Economic and Business Studies (AKI)
The banking and finance sector performs a critical function in the Philippine economy as it is primarily responsible for the mobilization of domestic savings and the conversion of these funds into directly productive investments. Financing the needs of firms which desire to raise productive capacity by purchasing additional capital equipment, acquiring or leasing idle property, building and expanding factories, and increasing inventory are responsible for sustaining economic growth in the long term, alongside the creation of new jobs. It is very important for the banking and finance sector to continue finding ways to encourage households to save their unspent income …
Monitoring The Philippine Economy Year-End Report For 2014, Mitzie Irene P. Conchada, Edgardo Manuel Jopson
Monitoring The Philippine Economy Year-End Report For 2014, Mitzie Irene P. Conchada, Edgardo Manuel Jopson
Angelo King Institute for Economic and Business Studies (AKI)
Despite doubts over growth prospects and challenges in the external market, the Philippine economy attained a solid 6.1 percent growth in 2014.
Young Workers Left Behind: Hiring And The Great Recession, Eliza C. Forsythe
Young Workers Left Behind: Hiring And The Great Recession, Eliza C. Forsythe
Employment Research Newsletter
No abstract provided.
Book Review Of: Why Nations Fail, Ashutosh Mani Dixit
Book Review Of: Why Nations Fail, Ashutosh Mani Dixit
Business Review
The purpose of this article is to assess the contribution of Why Nations Fail about its forefront claim that institution is exclusive determinant of nation’s economic outcome. This paper will examine its findings and put forward arguments and claims of prominent studies about economic development. The paper has been organized in two more section. Immediate section presents chapter wise summary of the book highlighting strengths and key outcomes. While the third section, which is the purpose of the article, offers a critique, than sums up in final section providing some concluding comments.
Expectations And The Dynamic Feedback Between Foreign Direct Investment And Economic Growth, Diego Escobari, Diego E. Vacaflores
Expectations And The Dynamic Feedback Between Foreign Direct Investment And Economic Growth, Diego Escobari, Diego E. Vacaflores
School of Economics and Finance Faculty Publications
This paper seeks to analyze the dynamic feedback between Foreign Direct Investment (FDI) and economic growth – larger FDI promotes higher GDP, while higher GDP can be achieved with higher levels of FDI. We use panels and a sample of 19 Latin American countries to estimate a dynamic FDI and a dynamic GDP equation that jointly characterize the evolution of both variables. We find that the dynamics of GDP and FDI are mostly driven by the expectations. Shocks of GDP or FDI were found to play no role affecting the dynamics.
Economic Impact Of Northwestern Michigan College: Final Report, George A. Erickcek
Economic Impact Of Northwestern Michigan College: Final Report, George A. Erickcek
Reports
No abstract provided.
Unleashing Asean's Potential Through Aec, Michael Zink
Unleashing Asean's Potential Through Aec, Michael Zink
Asian Management Insights
The Association of Southeast Asian Nations (ASEAN) has set an ambitious goal to integrate the economies of its ten members by 2015, a move that is aimed at boosting the bloc’s competitiveness and creating development across the region that is more equitable. With the target date for Southeast Asia's countries to create a single economic market just months away, increasing attention is being paid to the region's vast economic potential. If successful, the formation of the ASEAN Economic Community (AEC) will not only create one of the world’s largest integrated economic spheres, but will add vastly to the appeal of …
Specification Test For Panel Data Models With Interactive Fixed Effects, Liangjun Su, Sainan Jin, Yonghui Zhang
Specification Test For Panel Data Models With Interactive Fixed Effects, Liangjun Su, Sainan Jin, Yonghui Zhang
Research Collection School Of Economics
In this paper, we propose a consistent nonparametric test for linearity in a large dimensional panel data model with interactive fixed effects. Both lagged dependent variables and conditional heteroskedasticity of unknown form are allowed in the model. We estimate the model under the null hypothesis of linearity to obtain the restricted residuals which are then used to construct the test statistic. We show that after being appropriately centered and standardized, the test statistic is asymptotically normally distributed under both the null hypothesis and a sequence of Pitman local alternatives by using the concept of conditional strong mixing that was recently …
Defense Expenditures And Economic Growth In Pakistan And India: An Augmented Feder-Type Model, Muhammad Ramzan Sheikh
Defense Expenditures And Economic Growth In Pakistan And India: An Augmented Feder-Type Model, Muhammad Ramzan Sheikh
Business Review
To discover defense-growth nexus, this study has used Feder type model to capture the supply-side impacts for Pakistan and India. In Feder-type model, this study has used four sectors to find out total effects of defense spending on growth by using OLS technique. The findings of the study show that there is positive association between the total effect of defense and growth in all the sectors for both the countries. In augmented Feder type model, the total effects along with externality effects and productivity differential have been re-estimated. The sign of the total effects of defense sector remain the same …
Economic Development Recommendations That Focus On The "Working Poor": Lessons From Waco, George Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget Timmeney, Jim Robey
Economic Development Recommendations That Focus On The "Working Poor": Lessons From Waco, George Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget Timmeney, Jim Robey
Employment Research Newsletter
No abstract provided.
Economic Development Strategic Plan For The City Of Waco, Texas, George A. Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget Timmeney, Dennis Burnside, Claudette Robey
Economic Development Strategic Plan For The City Of Waco, Texas, George A. Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget Timmeney, Dennis Burnside, Claudette Robey
Reports
No abstract provided.
The Relationships Of Inflationary Trend, Agricultural Productivity And Economic Growth In Nigeria, Oyakhilomen Oyinbo, Grace Z. Rekwot
The Relationships Of Inflationary Trend, Agricultural Productivity And Economic Growth In Nigeria, Oyakhilomen Oyinbo, Grace Z. Rekwot
CBN Journal of Applied Statistics (JAS)
This study investigates the links existing between inflationary trend, agricultural productivity and economic growth in Nigeria using time series data spanning from 1970 to 2011. The results of the analyses indicate a unidirectional causality from inflationary trend to agricultural productivity, unidirectional causality from agricultural productivity to economic growth with no causality between inflationary trend and economic growth. Based on these findings, it is recommended that the Central Bank of Nigeria should pay more attention to the trend of inflation and pursue policies that will ensure single digit inflation.
An Autoregressive Distributed Lag (Ardl) Approach To The Oil Consumption And Growth Nexus: Nigerian Evidence, N. Inuwa, H. M. Usman
An Autoregressive Distributed Lag (Ardl) Approach To The Oil Consumption And Growth Nexus: Nigerian Evidence, N. Inuwa, H. M. Usman
Economic and Financial Review
This study attempts to examine the relationship between oil consumption, carbon emission and economic growth in Nigeria covering the period 1980-2011. The study applied Dickey-Fuller Generalised Least Square (DF-GLS) unit root test and autoregressive distributed lag (ARDL) bound test approach to co-integration. The bond test results reveals a long-run equilibrium relationship among oil consumption, carbon emission and economic growth. The result also showed a positive and statistically significant impact of oil consumption on economic growth. The coefficient of error correction term in the ARDL model was statistically significant, indicating that the adjustment process by which long-run equilibrium is restored after …
Why Does Society Support Science? And How To Meet The Expectations?, Fred D. Ledley
Why Does Society Support Science? And How To Meet The Expectations?, Fred D. Ledley
Natural & Applied Sciences Faculty Publications
Public support for science is related less to the wonder of scientific discovery than the expectation that scientific and technological advances will lead to new product, jobs, and economic growth. Recent evidence suggests that these outcomes are not certain. Fred Ledley argues that the public is often promised the benefits of scientific discoveries without adequate consideration of the business challenges inherent in translating science for public benefit.
Kentucky's Innovation Ecosystem, Center For Business And Economic Research, Gatton College Of Business And Economics, University Of Kentucky, Innovation Network For Entrepreneurial Thinking
Kentucky's Innovation Ecosystem, Center For Business And Economic Research, Gatton College Of Business And Economics, University Of Kentucky, Innovation Network For Entrepreneurial Thinking
CBER Infographic Posters
Changes in our economy and our society are redefining how we create economic opportunity and build successful enterprises. These changes are compelling critical examinations of how we pursue economic development in Kentucky. Given the importance of young high-growth firms for wage and job growth, it is vital for states, regions, communities, and universities to effectively leverage their assets toward the development of entrepreneurs, creation of startups, and sustaining high-growth enterprises.