Economics Commons^™

Effect Of China’S Zero-Tariff Treatment Under Forum On China-Africa Cooperation (Focac) On Export Diversification In Beneficiary Countries In Africa:, Zhina Sun, Ehizuelen Michael Mitchell Omoruyi

Journal of African Trade

No abstract provided.

Trade Costs And Demand-Enhancing Effects Of Agrifood Standards: Consequences For Sub-Saharan Africa:, Aristide Djimgou Tchakounte, Dela-Dem Doe Fiankor

Journal of African Trade

No abstract provided.

Prospects And Challenges For Supply Chain Trade Under The Africa Continental Free Trade Area☆:, Jaime De Melo, Anna Twum

Journal of African Trade

No abstract provided.

The Afcfta And African Trade—An Introduction To The Special Issue:, Hippolyte Fofack, Andrew Mold

Journal of African Trade

No abstract provided.

Estimating The Effect Of Afcfta On Intra-African Trade Using Augmented Ge-Ppml:, Hippolyte Fofack, Richman Dzene, Omar A. Mohsen Hussein

Journal of African Trade

No abstract provided.

Ecowas And Afcfta: Potential Short-Run Impact Of A Draft Ecowas Tariff Offer:, Peter Lunenborg, Thomas Roberts

Journal of African Trade

No abstract provided.

Proving Hegel Wrong: Learning The Right Lessons From European Integration For The African Continental Free Trade Area:, Andrew Mold

Journal of African Trade

No abstract provided.

Afreximbank In The Era Of The Afcfta:, Benedict Oramah

Journal of African Trade

No abstract provided.

The African Continental Free Trade Area: A Historical Moment For Development In Africa:, Vera Songwe, Jamie Alexander Macleod, Stephen Karingi

Journal of African Trade

No abstract provided.

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.

The Impact Of The Yield Curve On Bank Equity Returns: Evidence From Canada, Robert N. Killins, Peter V. Egly, Sourav Batabyal

School of Economics and Finance Faculty Publications

We examine the reaction of Canadian banks equity returns to changes in yield curve spreads. We find that Canadian banks equity returns are positively impacted by contemporaneous (and lagged) yield curve spreads. Our results also suggest that Canadian banks have become more sensitive to changes in the slope of the yield curve in the post 2007-2009 financial crisis. We also find an asymmetric impact of the slope of the yield curve on Canadian bank equity returns. For equity investors, the yield curve’s relevance varies with spreadmaturities. Our findings have important implications for the estimations of banks’ cost of capital and …

Threshold Effects Of Terms Of Trade On Latin American Growth, Andre C. Vianna, Andre V. Mollick

School of Economics and Finance Faculty Publications

This paper investigates nonlinear relationships between terms of trade volatility (totvol) and economic growth in 14 Latin American economies from 1997 to 2014. In the 2000s, Latin American countries experienced accelerated economic growth often attributed to commodity price booms. We split the sample into two regimes based on totvol thresholds determined by bootstrap techniques. Fixed-effects, instrumental variable and dynamic panel regressions address endogeneity in trade-growth, subject to traditional economic channels such as domestic investment, population growth, exchange rate, government size, and institutions. We find statistically significant thresholds and stronger trade-growth links during the 2000s commodity boom and in larger economies.

Innovations In Money And Banking Markets, Eduardo Guimaraes Minuci

Graduate Theses, Dissertations, and Problem Reports (ETD)

The U.S. banking industry has experienced several technological and banking regulatory changes in the past two decades. This dissertation is composed of three papers that review and investigate how these banking and technological innovations have impacted depositors, bank provision of monetary assets, and bank performance. The order in which the papers are presented follows the order in which they were produced as the production of one paper helped spark ideas that led to the next.

Motivated by the fact that money has become more heterogeneous in terms of its returns, Chapter 1 focus on innovations in money markets by focusing …

Partnership, Democracy, And Self-Rule In Jewish Law, Daniel J.H. Greenwood

Touro Law Review

Liberal political theory has long relied on a metaphor of contract: autonomous adults coming together to agree, by unanimous consent, on the basic structure of a just society. But contract is a strange metaphor with which to explain society. Contract law is based on a morality of strangers acting at arms-length. In contrast, decent societies and the governments they set for themselves must be based on a commitment of mutual responsibility. What makes us fellow citizens—fellows of any variety—is accepting that we are all in this together. Jewish legal and midrashic traditions can be a useful corrective to the atomistic …

Three Essays On “Energy , Environment, And Developmental Economics”, Bolarinwa Ajanaku

Graduate Theses, Dissertations, and Problem Reports (ETD)

This dissertation examines topics related to renewable energy development and investment planning, energy markets, environment degradation and economic development. The substantial ecological costs of deforestation are well known and considered globally important due to biodiversity loss, land degradation, soil erosion, and contributions to climate change. The first essay focuses upon understanding the tradeoff between development and deforestation in Africa. In the second essay, spatial analysis and Geographic Information System (GIS) are applied to determine potential locations for wind farms development in the state of West Virginia. Lastly, the third essay examines the role of wind power penetration on wholesale electricity …

Property Rights, Consequences Of Electrical Blackouts, And Measures Of Institutional Quality, Kerianne Nicole Lawson

Graduate Theses, Dissertations, and Problem Reports (ETD)

This dissertation is comprised of three essays. Chapter 1 is about a house titling program, called Khaya Lam, in South Africa. Despite it being legal in South Africa to acquire a title deed to a government-issued home, roughly 20 million South Africans do not hold title to their property. Millions of homes are eligible to have ownership transferred from the government to the individuals living in them, but legal costs and lack of awareness keep these renters from going through the steps to secure title deeds. Though they may occupy the property for years, without a title deed South Africans …

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, …