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Full-Text Articles in Economics

Economic Effects Of Pandemic On Us And Indian Economies With Policy Actions In 2019-2023: A Comparative Analysis, Kishore Kukarni Dr., Amitabh S. Dutta Feb 2024

Economic Effects Of Pandemic On Us And Indian Economies With Policy Actions In 2019-2023: A Comparative Analysis, Kishore Kukarni Dr., Amitabh S. Dutta

International Review of Business and Economics

COVID 19 pandemic that started in February/March 2019, with happenings in Yuwan, China spread like a wildfire all over the world. All countries faced one of the worst economic challenges in recent centuries if not ever in the history of the mankind. Early predications were so severe and devastating that some forecasters predicted a death-toll of 100 million all over the world, as the virus was not only spreading fast but also had no solution for its serious fatal effects. It was evident that the patients were dying before getting any effective treatments and many of them were elderly individuals. …


Research On Integration Of Innovation Chain, Industrial Chain, Fund Chain, And Talent Chain, Changhong Nie, Feijie Zhao, Chuan Li, Tong Chen Feb 2024

Research On Integration Of Innovation Chain, Industrial Chain, Fund Chain, And Talent Chain, Changhong Nie, Feijie Zhao, Chuan Li, Tong Chen

Bulletin of Chinese Academy of Sciences (Chinese Version)

Promoting the integrated development of innovation chain, industrial chain, capital chain, and talent chain is of great significance to the high-quality development of the economy, and its essence is to reduce the various barriers faced by the flow of innovation elements across organizational boundaries, improve the allocation efficiency, better stimulate the main role of enterprises in scientific and technological innovation, and enhance the overall efficiency of the national innovation system. This study analyzes “four chain” integration and puts forward the following suggestions. First, promote the systematic layout and systematic implementation of scientific and technological innovation policies. Second, explore the construction …


Promote High-Quality Development Of China-Sri Lanka Joint Center For Education And Research By Practicing New Development Philosophy, Jinglong Yao, Haitao Chen, Changsheng Zhang, Min Yang, Weiqiang Wang, Yuansong Wei, Gang Pan, Yawei Wang, Yao Luo, Hui Zhong, Zhenqiu Zhang Feb 2024

Promote High-Quality Development Of China-Sri Lanka Joint Center For Education And Research By Practicing New Development Philosophy, Jinglong Yao, Haitao Chen, Changsheng Zhang, Min Yang, Weiqiang Wang, Yuansong Wei, Gang Pan, Yawei Wang, Yao Luo, Hui Zhong, Zhenqiu Zhang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Under the guidance of the new development paradigm, the Chinese Academy of Sciences (CAS) has started a series of pioneering international cooperation in the Belt and Road countries with scientific and technological innovation, especially along the 21st Century Maritime Silk Road. CAS advanced the practical cooperation with the research institutions of the countries to improve their research and innovation capabilities. Taking the example of high-quality development, the China-Sri Lanka Joint Center for Education and Research (CSL-CER), satisfied the Sri Lanka’ s demands for science and education. This paper describes the progress and significance of achieved results by promoting high-quality development, …


Cas Helps Shuicheng Escape Poverty, Vitalize In Scientific Way, Qian Wang, Liuchun Yang, Zhenhong Wang, Yanjie Wen, Yinan Wu, Yong Xia Feb 2024

Cas Helps Shuicheng Escape Poverty, Vitalize In Scientific Way, Qian Wang, Liuchun Yang, Zhenhong Wang, Yanjie Wen, Yinan Wu, Yong Xia

Bulletin of Chinese Academy of Sciences (Chinese Version)

Located in the Wumeng Mountain region of southern China, encompassed with vast range of stretching between Sichuan, Guizhou, and Yunnan Provinces, Shuicheng, Guizhou Province, has long been plagued by karst landscapes, rocky desertification along with the poverty that comes with it. It used to be a national key county for poverty alleviation and development, and by the end of 2016, its poverty incidence rate still was 18.9%. As the designated support organization of Shuicheng, the Chinese Academy of Sciences (CAS), during the battle against poverty, making use of the local ecological environment and resource, and its industrial foundation, promoted a …


Possible Role Of The One-Half Heuristic In Overconfidence Research, Vojtěch Zíka Feb 2024

Possible Role Of The One-Half Heuristic In Overconfidence Research, Vojtěch Zíka

ESI Working Papers

Overconfidence research often involves estimating performance within a fixed range. Recent studies suggest that overprecision is affected by central tendency bias, the tendency to estimate near the center of a perceived distribution. This paper examines whether a similar pattern influences the other two overconfidence types, overestimation and overplacement. In a laboratory experiment (N = 120), participants estimated their own and the average performance over five rounds of ten Rock–Paper–Scissors games. Each round earned for up to 40 points, but average performance varied across three treatments, with means of 16.6, 20, and 23.3 points. The main question was whether this manipulation …


Horizontal Economic Inequality And Mass Atrocity Risk: A Large-Sample Empirical Inquiry, Charles H. Anderton, Roxane A. Anderton Feb 2024

Horizontal Economic Inequality And Mass Atrocity Risk: A Large-Sample Empirical Inquiry, Charles H. Anderton, Roxane A. Anderton

Genocide Studies and Prevention: An International Journal

Our research question is: Does inter-group horizontal economic inequality elevate state-perpetrated mass atrocity risk? Theoretical perspectives in genocide studies show how economic and other forms of discrimination against ethnic or religious groups can elevate the risk of government violence against them. Among the approximately five dozen large-sample empirical studies of mass atrocity risk, only a few consider the effects of economic discrimination. Moreover, no large-sample empirical studies, to the best of our knowledge, test hypotheses related to how inter-group horizontal economic inequalities (as distinct from vertical economic inequalities based on GINI coefficients or quantile income or wealth measures) affect mass …


Emotional Intelligence Impact On The Creativity Of Project Managers In Architecture Companies Favoring Sustainability, Nada Jabbour Al Maalouf, Jean Elia, Chadia Sawaya, Razan Al Baradhi Feb 2024

Emotional Intelligence Impact On The Creativity Of Project Managers In Architecture Companies Favoring Sustainability, Nada Jabbour Al Maalouf, Jean Elia, Chadia Sawaya, Razan Al Baradhi

Arab Economic and Business Journal

The importance of Emotional Intelligence (EI) was discussed by several authors; however, the impact of EI on the creativity of project managers was not tackled. This gap in the literature was the main purpose of this study. To test the hypothesis which suggests that there is a positive correlation between EI and the creativity of project managers in architecture companies favoring sustainability, a quantitative research approach was employed. Architecture companies favoring sustainability were chosen as the target population because they represent a context where the relationship between Emotional Intelligence and creativity has practical significance, given the industry's focus on sustainability …


Earnings Dynamics And Firm-Level Shocks, Benjamin Friedrich, Lisa Laun, Costas Meghir, Luigi Pistaferri Feb 2024

Earnings Dynamics And Firm-Level Shocks, Benjamin Friedrich, Lisa Laun, Costas Meghir, Luigi Pistaferri

Cowles Foundation Discussion Papers

We use matched employer-employee data from Sweden to study the role of the firm in affecting the stochastic properties of wages. Our model accounts for endogenous participation and mobility decisions. We find that firm-specific permanent productivity shocks transmit to individual wages, but the effect is mostly concentrated among the high-skilled workers. The pass-through of temporary shocks is smaller in magnitude and similar for high- and low-skilled workers. The updates to worker-firm specific match effects over the life of a firm-worker relationship are small. Substantial growth in earnings variance over the life cycle for high-skilled workers is driven by firms. In …


Essays On Cancer Patients, Quality Of Life, And Social Support: Evidence From Nepal, Muhammad Adnan Shahid Feb 2024

Essays On Cancer Patients, Quality Of Life, And Social Support: Evidence From Nepal, Muhammad Adnan Shahid

Economics ETDs

This dissertation is organized in five chapters. The first chapter provides a summary of the three research articles that are combined in this dissertation. It highlights the goals of each research paper, and outlines their contribution to the existing literature and the field of economics. Chapters 2 and 3 are based on a field study that I conducted on cancer and non-cancer patients in various cancer hospitals in Nepal. Chapter 4 uses data from field survey conducted by scholars of the Nepal Study Center, UNM, including me, in Sindhupalchok district of Nepal after the devastating earthquake of 2015. The final …


Early Childhood Intervention For The Poor: Long Term Outcomes, Alison Andrew, Orazio Attanasio, Britta Augsburg, Lina Cardosa, Monimalika Day, Michele Giannola, Sally Grantham-Mcgregor, Pamela Jervis, Costas Meghir, Marta Rubio Codina Feb 2024

Early Childhood Intervention For The Poor: Long Term Outcomes, Alison Andrew, Orazio Attanasio, Britta Augsburg, Lina Cardosa, Monimalika Day, Michele Giannola, Sally Grantham-Mcgregor, Pamela Jervis, Costas Meghir, Marta Rubio Codina

Discussion Papers

Early childhood interventions aim to promote skill acquisition and poverty reduction. While their short-term success is well established, research on longer-term effectiveness is scarce, particularly in LDCs. We present results of a randomized scalable intervention in India, that affected developmental outcomes in the short-term, including cognition (0.36 SD p=0.005), receptive language (0.26 SD p=0.03) and expressive language (0.21 SD p=0.03). After 4.5 years, when the children were on average 7.5 years old, IQ was no longer affected, but impacts persisted relative to the control group in numeracy (0.330 SD, p=0.007) and literacy (0.272 SD, p=0.064) driven by the most disadvantaged.


Selecting A Measurement System: Using Measurement System Potential Approval Criteria, Karl D. Majeske Feb 2024

Selecting A Measurement System: Using Measurement System Potential Approval Criteria, Karl D. Majeske

International Review of Business and Economics

This paper presents the results of a manufacturer’s quest to identify a measuring strategy during process development. Standard Measurement Systems Analysis (MSA) criteria provide a common framework to evaluate a gauge’s ability to produce data that fairly represents the quality characteristics that describe a part’s fitness for use. Here, MSA criteria, as well as hypothesis tests of precision and bias, are used to compare to two alternative measurement systems. Ultimately, to compare the two systems, measures of MSA criteria are developed that reflect the potential the criteria could reach by eliminating operator-to-operator gauge error.


Misgivings In Measuring Happiness, Sudhanva Char Feb 2024

Misgivings In Measuring Happiness, Sudhanva Char

International Review of Business and Economics

According to a resolution of the UN General Assembly (Resolution 66/281), March 20th is observed annually as International Day of Happiness. A nation’s overall success is measured by people’s happiness, the litmus test. The World Happiness Report (WHR) states there is consensus about measuring happiness, whereas, happiness is idiosyncratic and its connotation differs from culture to culture, language to language, and even person to person. Personal ‘space’ in all spheres matters, and so do democracy or dictatorship, all factors leading to mismeasures of happiness scores. And so, there are paradoxes in happiness rankings in WHR. Economists have yet to …


Trade And Domestic Distortions: The Case Of Informality, Rafael Dix-Carneiro, Pinelopi K. Goldberg, Costas Meghir, Gabriel Ulyssea Feb 2024

Trade And Domestic Distortions: The Case Of Informality, Rafael Dix-Carneiro, Pinelopi K. Goldberg, Costas Meghir, Gabriel Ulyssea

Cowles Foundation Discussion Papers

We examine the effects of international trade in the presence of a set of domestic distortions giving rise to informality, a prevalent phenomenon in developing countries. In our quantitative model, the informal sector arises from burdensome taxes and regulations that are imperfectly enforced by the government. Consequently, smaller, less productive firms face fewer distortions than larger, more productive ones, potentially leading to substantial misallocation. We show that in settings with a large informal sector, the gains from trade are significantly amplified, as reductions in trade barriers imply a reallocation of resources from initially less distorted to more distorted firms. We …


How Does Passive Investing Effect The Informational Efficiency Of Prices?, Brice Corgnet, Mark Desantis, Yan Peng, David Porter, Jason Shachat Feb 2024

How Does Passive Investing Effect The Informational Efficiency Of Prices?, Brice Corgnet, Mark Desantis, Yan Peng, David Porter, Jason Shachat

ESI Working Papers

We investigate the causal effects of passive investing on informational efficiency and market quality metrics by developing a novel laboratory experiment that introduces Index trackers with exogenous passive investment flows. We find that, while improving liquidity, Index tracking hurts informational efficiency, confirming our main hypothesis. Furthermore, we observe violations of the law of one price, leading to widespread and persistent arbitrage opportunities. Additionally, our research uncovers that Active traders, particularly those with private information about asset values and high cognitive ability, reap benefits from the introduction of Index tracking.


Bidder-Optimal Information Structures In Auctions, Dirk Bergemann, Tibor Heumann, Stephen Morris Feb 2024

Bidder-Optimal Information Structures In Auctions, Dirk Bergemann, Tibor Heumann, Stephen Morris

Cowles Foundation Discussion Papers

We characterize the bidders' surplus maximizing information structure in an optimal auction for a single unit good and related extensions to multi-unit and multi-good problems. The bidders seek to find a balance between participation (and the avoidance of exclusion) and efficiency. The information structure that maximizes the bidders' surplus is given by a generalized Pareto distribution at the center of demand distribution, and displays complete information disclosure at either end of the Pareto distribution.


Clean Investment Monitor: Q4 2022 — Q3 2023, Madison Dwyer, Zachary Billot, Annie Vong, Caitlin J. Saladino, William E. Brown Jr. Feb 2024

Clean Investment Monitor: Q4 2022 — Q3 2023, Madison Dwyer, Zachary Billot, Annie Vong, Caitlin J. Saladino, William E. Brown Jr.

Environment

This fact sheet presents investment trends in clean manufacturing, energy and industry, and retail in the Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah. This fact sheet examines data from the Q3 2023 update of the Clean Investment Monitor (CIM), a joint project of Rhodium Group and the MIT Center for Energy and Environmental Policy Research.


Fiscal Administration Versus Fiscal Policy: An Investigation Into The Determinants Of The Real Tax Revenues From Consumption Tax In Egypt, Nariman Zahran Feb 2024

Fiscal Administration Versus Fiscal Policy: An Investigation Into The Determinants Of The Real Tax Revenues From Consumption Tax In Egypt, Nariman Zahran

Theses and Dissertations

This thesis highlights the importance of fiscal administration relative to fiscal policies. It presents a broad view of the developments in both fields and tests their effects on real revenues from consumption tax in Egypt from fiscal year 2002 till 2023. It initially explains the proxies used for fiscal administration: the size of the tax base and the collection lag. The major fiscal policy change in Egypt was shifting from sales tax to Value-Added Tax (VAT) during fiscal year 2016/17. The effects of fiscal administration and fiscal policy on real tax revenues will be assessed using the Autoregressive Distributed Lag …


Embracing Diversity In Agricultural Economics, Timothy Meyer Feb 2024

Embracing Diversity In Agricultural Economics, Timothy Meyer

Cornhusker Economics

To steal an overused cliché, “There’s room in the tent for everyone.” Over the 2023 academic year, I have reiterated this message to all my students, with one addition. Not only is there room for everyone, but all are invited AND welcome. Food is something we all have in common, no matter the background. I think this is why producers in the state of Nebraska feel as strongly as they do about the food they produce; it is life-giving and should be taken seriously. Nebraska Agriculture is part of what makes our state great, and that is not a secret …


Minimum Wage Increases Reduce Racial Disparities During Hiring, Alec Brandon, Justin E. Holz, Andrew Simon, Haruka Uchida Feb 2024

Minimum Wage Increases Reduce Racial Disparities During Hiring, Alec Brandon, Justin E. Holz, Andrew Simon, Haruka Uchida

Employment Research Newsletter

No abstract provided.


New Data Show How Far Graduates Move From Their College, And Why It Matters, Johnathan G. Conzelmann, Steven W. Hemelt, Brad J. Hershbein, Shawn Martin, Andrew Simon, Kevin M. Stange Feb 2024

New Data Show How Far Graduates Move From Their College, And Why It Matters, Johnathan G. Conzelmann, Steven W. Hemelt, Brad J. Hershbein, Shawn Martin, Andrew Simon, Kevin M. Stange

Employment Research Newsletter

No abstract provided.


Viewing The World Through The Prism Of Cross-Cultural Romances: Film Review Of Christmas As Usual (2023) And Further Reflections, Raja Ramanathan Feb 2024

Viewing The World Through The Prism Of Cross-Cultural Romances: Film Review Of Christmas As Usual (2023) And Further Reflections, Raja Ramanathan

Markets, Globalization & Development Review

No abstract provided.


Revisiting Late Globalization: A Commentary On Theorizing And Theoretical Deepening, Romeo V. Turcan, Michael Fast Feb 2024

Revisiting Late Globalization: A Commentary On Theorizing And Theoretical Deepening, Romeo V. Turcan, Michael Fast

Markets, Globalization & Development Review

No abstract provided.


Flavors And Frailties Of Globalization, Nikhilesh Dholakia, Deniz Atik Feb 2024

Flavors And Frailties Of Globalization, Nikhilesh Dholakia, Deniz Atik

Markets, Globalization & Development Review

No abstract provided.


Sleep Restriction Alters The Integration Of Multiple Information Sources In Probabilistic Decision-Making, Jeryl Y. L. Lim, Johanna M. Boardman, Clare Anderson, David L. Dickinson, Daniel Bennett, Sean P. A. Drummond Feb 2024

Sleep Restriction Alters The Integration Of Multiple Information Sources In Probabilistic Decision-Making, Jeryl Y. L. Lim, Johanna M. Boardman, Clare Anderson, David L. Dickinson, Daniel Bennett, Sean P. A. Drummond

ESI Publications

The detrimental effects of sleep loss on overall decision-making have been well described. Due to the complex nature of decisions, there remains a need for studies to identify specific mechanisms of decision-making vulnerable to sleep loss. Bayesian perspectives of decision-making posit judgement formation during decision-making occurs via a process of integrating knowledge gleaned from past experiences (priors) with new information from current observations (likelihoods). We investigated the effects of sleep loss on the ability to integrate multiple sources of information during decision-making by reporting results from two experiments: the first implementing both sleep restriction (SR) and …


A Path To Food Self-Provisioning And Experiences From Learning New Skills: An Autoethnographic Depiction, Toni Ruuska Feb 2024

A Path To Food Self-Provisioning And Experiences From Learning New Skills: An Autoethnographic Depiction, Toni Ruuska

The Qualitative Report

In this autoethnographic depiction, I tell a story of change and renewal. In the narrative, I present a story of personal choices and epiphanies that have changed the course of my life. At the turning point, I portray the process of learning new skills regarding food self-provisioning. I come from a privileged, but de-skilled, middle-class suburban background, and the past four years has been a diverse journey of insecurity, alienation, and fatigue, but also of learning, empowerment, and self-realization. From a person with limited skills, to an at least somewhat skilled food neo-self-provisioner, I have partaken in a process of …


Relationship Over Time Between Drug Price News And U.S. Pharmaceutical Companies' Financial Performance And Capitalization, Teresita Mulero-Mulero Feb 2024

Relationship Over Time Between Drug Price News And U.S. Pharmaceutical Companies' Financial Performance And Capitalization, Teresita Mulero-Mulero

Walden Dissertations and Doctoral Studies

No abstract provided.


It May Be A Mistake To Delay Social Security Benefits, Gary N. Smith, Margaret H. Smith Feb 2024

It May Be A Mistake To Delay Social Security Benefits, Gary N. Smith, Margaret H. Smith

Pomona Economics

Financial planners generally recommend delaying the start of Social Security retirement benefits until age 70. However, two-thirds of recipients begin collecting benefits before full retirement age. We argue that starting benefits before age 70, or even before full retirement age, and investing these benefits sensibly may well be a smart financial decision.


Assessing The Recreational Charter Fishing Market In Florida: A Hedonic Price Analysis, Mehrnoosh Asadi, Pallab Mozumder, Mahadev G. Bhat Feb 2024

Assessing The Recreational Charter Fishing Market In Florida: A Hedonic Price Analysis, Mehrnoosh Asadi, Pallab Mozumder, Mahadev G. Bhat

Economics Faculty Publications

In this study we analyze the effect of a wide range of factors on the variation of recreational fishing trip prices in Florida. We collected extensive data from recreational fishing websites maintained by guides and outfitters and used different empirical methods for quantifying the relationship between trip price and various trip characteristics. The Hedonic Price model was used to estimate the implicit prices of freshwater and saltwater fishing trip characteristics. The results suggest that freshwater and saltwater anglers significantly value the lodging feature included in the fishing trip package. Moreover, saltwater anglers had a higher willingness to pay to catch …


Learning By Doing, Productivity, And Growth: New Evidence On The Link Between Micro And Macro Data, Brad Humphreys, Scott Schuh, Corey Williams Feb 2024

Learning By Doing, Productivity, And Growth: New Evidence On The Link Between Micro And Macro Data, Brad Humphreys, Scott Schuh, Corey Williams

Economics Faculty Working Papers Series

No abstract provided.


Seattle’S Paid Sick Leave Law Increased Work Hours Without Affecting Job Attachment, Hilary Wething, Meredith Slopen Feb 2024

Seattle’S Paid Sick Leave Law Increased Work Hours Without Affecting Job Attachment, Hilary Wething, Meredith Slopen

Upjohn Institute Policy and Research Briefs

No abstract provided.