Economics Commons^™

Part 6: Should Taxpayers Subsidize Private Facilities In Hampton Roads? Glitz Vs. Reality, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

Hampton Roads can learn from the experience of other cities and states. If there is a strong business case for a sports stadium, sports park, or entertainment venue, then investors should be able to tap into financial markets. In this chapter, we examine the arguments surrounding public investments in highly visible facilities. We pose questions that should be asked when considering such investments and explore the potential opportunity costs of these projects. We offer a cautionary tale that such projects are sold as transformative but often fail to generate the promised benefits, not only for taxpayers but also for the …

Part 4: Get On The Bus: Public Transportation In Hampton Roads, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

In many countries, public transportation is a cornerstone of urban life. In Hampton Roads, public transportation is in a moment of transition, sparked by technological change, pandemic disruptions, a growing emphasis on social equity, and a longer term loss of riders. In this chapter, we discuss who provides public transportation in Hampton Roads. We explore the economics of public transportation and ask what the future holds for public transportation in the region

Part 3: The Fourth Pillar: Veterans In Hampton Roads, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

In 2021, more than 1 in 10 residents of Hampton Roads identified themselves as a veteran of military service. Among these veterans, almost 1 in 3 were military retirees. With thousands of active-duty service members separating from service in Hampton Roads every year, we ask what is the impact of these veterans on the regional economy. We find that working-age veterans in Hampton Roads are more likely to participate in the labor force than their non-veteran counterparts and that the presence of veterans brings billions of dollars into the region.

Part 5: Death And Dying In Hampton Roads, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

Death and taxes may be inevitable, but where we die is usually not a topic of public policy or discussion. Hospice care is the specialized treatment that provides support and comfort to patients who are terminally ill with a general life expectancy of six months or less. In this chapter, we take a close look at serious disease and hospice care in the United States and Virginia. We examine the demand for hospice care by Medicare beneficiaries as well as the changing nature of hospice care suppliers as now more than two-thirds of hospices nationwide operate as for-profit entities.

Part 2: The Pillars Of The Hampton Roads Economy Remain Strong, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

Hampton Roads is a region rich with assets – a talented and diverse labor force, a distinctive role in the national security of the nation, a deep-water port that continues to set records, and beaches and amenities that attract visitors from near and far. The region’s economic performance is closely aligned with these assets. Defense spending, the Port of Virginia, and the hospitality and tourism industry are often referred to as the “Three Pillars” of the Hampton Roads economy – pillars that have continued to perform well in the aftermath of the economic shock of 2020. In this chapter, we …

Breaking Down Barriers: The Impact Of Segregation On Social Capital And Economic Outcomes, Donyetta A. Bennett

Electronic Theses and Dissertations

Breaking Down Barriers. Does social capital indirectly affect black/white economic outcomes via entrepreneurial activities? Does the relationship between social capital, entrepreneurship, and black/white economic outcomes change when social capital interacts with segregation? Drawing from Bourdieu's (1986) and Coleman’s (1990) social capital theory and prior scholars' regressive view theories of segregation, I propose that 1) social capital improves entrepreneurial activities and black/white economic outcomes, and 2) segregation’s interaction with social capital has an adverse effect on entrepreneurial activities and black/white economic outcomes. To perform the analysis, data were collected at the county- level from multiple sources and aggregated into one file …

How Nonmarket Externalities Affect The U.S. Business Dynamism: An Economic Approach To Drug Epidemic, Chukwudi Ikwueze

Pennsylvania Economic Review

Businesses thrive best in an environment devoid of constraints, including those resulting from third-party activities with longstanding economic underpinnings. While existing research has extensively explored how costs and benefits emanating from businesses affect third parties, in the form of market externality, little attention has been given to understanding how costs and benefits arising from third-party activities influence businesses. To fill this gap, this paper aims to introduce the concept of nonmarket externality, which represents the influence of third-party activities on businesses, and use it to examine whether third-party activities associated with the drug epidemic influence the U.S. business dynamism. The …

The Impact Of Household Debt On Labor Market Recovery During The Covid-19 Pandemic, Weinan Yan

Pennsylvania Economic Review

The global economic downturn caused by the Covid-19 pandemic in 2020 resulted in an increase in unemployment rates and widespread job losses. To address this issue, many countries implemented expansionary monetary and fiscal policies to stimulate their economies and support the labor market. As a result, unemployment rates began to decline in the third quarter of 2020. However, by the fourth quarter of 2021, some countries had achieved pre-pandemic levels of unemployment, while others had not. Therefore, it is essential to understand the factors that influence a country's labor market recovery during the pandemic. This study addresses a crucial but …

From Macro To Micro: A Study Of The Impact Of Stock Market Development And Behavioral Factors On Charitable Donations During The Covid-19 Pandemic., Sahar Alqunaibit

CGU Theses & Dissertations

Chapter 1: The Impact of Stock Market Development on Economic Growth in Saudi ArabiaThis study investigates the relationship between stock market development and economic growth in Saudi Arabia within the context of the country's Vision 2030 initiative aimed at economic diversification and reducing oil dependency. Bridging a research gap, the study employs the Market Development Index developed by the International Monetary Fund (IMF) to analyze the link between market sector development and economic growth. Three critical indicators from the IMF - Financial Markets Access Index, Financial Markets Depth Index, and Financial Markets Efficiency Index - are utilized to measure financial …

The Green Revolution In California: The Real Costs And Benefits Of Changing Electricity Production, Joseph James Hoffman

CGU Theses & Dissertations

In recent years democratic societies have added concern for the environment to the perennial problems of inequality, economic growth, and law and order. What is often called the Green Revolution has focused on the effect of industrial growth on the health of the individuals living in that society and on the effects on climate. In the United States, the State that was the first to see this problem and the first to make changes to deal with it, was California, where geographical factors ensured that the effects of industrial change on the air were much more severe than anywhere else …

The Evolution Of Efficiency In The Chinese Stock Market, Qiyun Li

CGU Theses & Dissertations

This dissertation examines the weak-form efficiency of the Chinese stock market and provides evidence on how the market efficiency evolved throughout the last three decades. The Shanghai Composite Index (SSEC) and the Shenzhen Component Index (SZSE) are the primary indicators of the Chinese stock market in this study. Both traditional economics and the complex systems’ methods are employed to evaluate market efficiency, with an additional focus on the effect of two parameter inputs (embedded dimension and noise filter) on entropy methods to improve their ability to detect phase transitions in stock market data. The traditional efficiency tests indicate that the …

An Empirical Study: Evaluating The Impact Of Economic, Human Resource, And Governance Factors To Foreign Direct Investment, Yuan-Yuan Lee

CGU Theses & Dissertations

The economic crisis in 2008 prompted the restructuring of the world economic and trade patterns. The global supply chain began to restructure, and international investment presented more diversified features. The COVID-19 Pandemic brings a new global economic crisis. which is likely to negatively impact many businesses that rely heavily on the Chinese market. Quarantine policies have forced people to stay at home, reducing public connectivity and leading to a slowdown in economic growth. The outbreak has also caused companies and factories to pause operations, affecting trade, travel, and consumption. International investors are increasingly concerned about economic uncertainties, which highlights the …

The Impact Of Development Aid On Human Development, Lauren Candia Shaffer

CGU Theses & Dissertations

This dissertation examines the relationship between development aid and human development in recipient countries. The primary function of this research is to determine which types of aid are most effective in improving human development. To accomplish this goal, I use a fixed effects regression analysis to examine the following aid types in individual chapters of the dissertation: Total Aid, Donor-specific aid, Sectoral Aid, Conditional Aid, and aid flowing from Multilateral, Bilateral, and Private sources. This analysis produced mixed results, indicating that some types of aid have a positive and significant impact on human development, some have a negative and significant …

Opportunity Cost Of Student Loan Debt Forgiveness: Testing The Impact Of Four Policy Options On United States’ Economy, Emelia Akhlaghi

CGU Theses & Dissertations

Nearly 45 million Americans are trapped in a student loan debt. In total they owe more than $1.75 trillion. Research shows that such a high amount of debt harms the U.S. economy in several ways, preventing anything from small business development to new house purchases, and even weddings and procreation. It is an issue that stakeholders have tried to address by offering different relief measures ranging from re-financing to debt cancellation. Debt cancellation has remained high on the agenda of the Democrat political leadership. This is the reason that student loan debt cancellation was on the agenda of each democrat …

Optimal Portfolio Construction For Oil-Based Sovereign Wealth Funds, Mohammed Saeed Alshowaikhat

CGU Theses & Dissertations

Chapter 1 of this dissertation delves into the economic challenges faced by oil-exporting countries that rely heavily on a single income source, with a particular focus on Saudi Arabia as a case study. The primary objective is to examine the efforts of Saudi Arabia's sovereign wealth fund in diversifying revenue streams and mitigating risks associated with an excessive dependence on oil. To achieve this, the study proposes an adaptation of the subset-optimization algorithm within the mean-variance model, aiming to enhance portfolio construction in sovereign wealth funds. Chapter 2 of the dissertation conducts a comparative analysis between portfolios constructed using the …

The Effect Of Bureaucracy On The Inflow Of Foreign Direct Investment: A Comparative Study Of Libya And The United Arab Emirates, Abdurraouf Abdussalam Elakder

CGU Theses & Dissertations

Attracting foreign direct investment (FDI) is a determinant factor for developing national economies, and Libya is no exception. However, the bureaucracy in Libya still needs to be improved to help attract foreign direct investment. Therefore, this comparative case study seeks to analyze the effects of bureaucracy on attracting FDI to Libya and the United Arab Emirates, highlighting the bureaucratic barriers embodied mainly in bureaucratic expansion, bureaucratic corruption, and the obstacles of the FDI laws. I argue in favor of eliminating those bureaucratic barriers and improving bureaucratic quality, enhancing the chances of attracting and keeping FDI. The study's standpoint is that …

Parenting: An Economic Analysis, Benjamin J. Smith

CGU Theses & Dissertations

Policies like universal preschool and The American Families Plan have brought attention to the need to invest in child development. Research has shown that such investments, when evaluated over the long run, provide large rates of return not just to families but to society. However, the effect of policies directed at children ultimately depends on the way parents respond to these policies. Therefore, in order to design policies effectively, the complex nature of parenting must be considered. In this dissertation, I analyze the impact of parental behavior and traits on child outcomes as well as the influences of specific parental …

Three Essays In Behavioral Economics, Zhou Fang

CGU Theses & Dissertations

Well-being is important because it directly impacts an individual's quality of life and overall happiness. It encompasses physical, mental, and social aspects, promoting a balanced and fulfilling existence. Optimal well-being leads to improved productivity, resilience, and positive contributions to society, creating a healthier and more harmonious world.

This dissertation delves into the realm of interdisciplinary research, bridging economics and psychology, to investigate several critical areas that affect peoples’ wellbeing. It explores gender discrimination within peer review processes, seeks advancements in the measurement of subjective well-being, and analyzes the influence of cultural factors on prosocial behaviors.

The first chapter delves into …

The Role Of Mediators In The Relationship Between Export Diversification And Economic Development, Hajer Abdulla Basodan

CGU Theses & Dissertations

As the global economy has become interconnected, international trade has become a common medium for developing and developed countries to interact. However, there is a gap in the scholarly literature when considering the effects of export diversification. The goal of this dissertation is to study and identify the relationship between export concentration and economic development in developing countries. Data were collected from the International Monetary Fund World Bank for quantitative analysis. Using mediator analysis and these mediators included export volatility (export instability), net barter (terms of trade), and current account balance (competitiveness). The findings from the quantitative analysis revealed that …

Environmental Regulations And The Environmental Effect Of Fdi, Mingming Pan

Economics Faculty Publications

This paper presents the hypothesis that tightening environmental regulation of a country would improve the effect of inward FDI on its environment. Estimations of a sample of 101 countries over the period 2006-2016 confirmed the hypothesis. The results also provide indirect evidence that countries with weak environmental regulations attract polluting FDI and might deter “clean” FDI.

Strategies To Increase Emergency Department Patient Flow, Judith Faith Jones

Walden Dissertations and Doctoral Studies

AbstractOvercrowding in emergency departments (EDs) is a systemic issue, resulting in inefficiencies affecting patient care quality. Hospital leaders struggle with reducing bottlenecks in EDs and providing a better patient care experience. Grounded in the general systems theory, the purpose of this qualitative single case study was to explore strategies used to reduce inefficiencies in EDs. The participants included five directors, administrators, and clinical managers from a hospital ED in Idaho Falls, Idaho, who successfully used strategies to reduce inefficiencies in EDs. Data were analyzed from semistructured interviews and a review of organization documents and artifacts following Yin’s five-step data analysis …

The Choice Of Technology In Economic Development, Lei Wen, Haiwen Zhou

Economics Faculty Publications

The impact of capital accumulation on job creation is an important and interesting issue in economic development. This model provides a general-equilibrium framework for studying technology choice with unemployment in a developing economy based on micro-foundations. Unemployment in the urban sector results from the existence of efficiency wages. Manufacturing firms engage in oligopolistic competition and choose technologies to maximise profits. A more advanced technology uses more capital and less labour. In the steady state, an increase in the amount of capital induces firms to choose more advanced technologies and the wage rate increases. While a higher capital stock always induces …

The Road That Never Existed: Orientalist Myth Making Within The Historiography Of The Silk Road, Margaret Kathryn Curtin

History - Master of Arts in Teaching

I. Synthesis Essay………………………………....4

II. Primary Documents and Headnotes………....28

III. Textbook Critique……………………………...40

IV. New Textbook Entry………………………......45

V. Bibliography…………………………………....48

Deep Community Partnerships: The Future Of Community-Based Senior Care In A Value-Driven Era, Diana Wilcox

DSW Capstone Projects

This capstone reviews three scholarly products that examine how chronically ill older adults interact with healthcare systems and senior service delivery systems in the United States. The systematic literature review examines how community-based senior programs that are funded by the Older Americans Act (OAA) positively impact health outcomes and promote health and wellness among the older adult population. The conceptual paper examines how Accountable Care Organizations (ACOs), Managed Care Organizations (MCOs), Area Agencies on Aging (AAA) interact with the patient and with one another using the lens of Systems Theory. The practice application paper examines best practices regarding care coordination …

Generational Shifts In The Perception Of Workforce Commitment, Christopher Donald Raiford

Walden Dissertations and Doctoral Studies

Costs of staffing, training, and retention have always been significant expenses for U.S. corporations. The most recent addition to the workforce, the millennial generation cohort, presents a new set of challenges to leadership. The purpose of this qualitative phenomenological study was to explore the lived experiences related to the perception of commitment of millennial generation participants employed in the U.S. community banking sector. The conceptual framework included generational theory and organizational theory. Data were collected from 11 participants via semi-structed Zoom interviews. Data were analyzed for codes, categories, and themes. Results indicated that (a) millennials value leadership that invests in …

Strategies To Increase Emergency Department Patient Flow, Judith Faith Jones

Walden Dissertations and Doctoral Studies

AbstractOvercrowding in emergency departments (EDs) is a systemic issue, resulting in inefficiencies affecting patient care quality. Hospital leaders struggle with reducing bottlenecks in EDs and providing a better patient care experience. Grounded in the general systems theory, the purpose of this qualitative single case study was to explore strategies used to reduce inefficiencies in EDs. The participants included five directors, administrators, and clinical managers from a hospital ED in Idaho Falls, Idaho, who successfully used strategies to reduce inefficiencies in EDs. Data were analyzed from semistructured interviews and a review of organization documents and artifacts following Yin’s five-step data analysis …

2023 South Dakota Rancher Survey Descriptive Results, Tong Wang, Sujan Ghimire, Stephan Cheye

Midwestern Farm and Producer Surveys and Policy Briefs

Researchers at South Dakota State University surveyed South Dakotan ranchers between January and March 2023 to better understand their beliefs and perspectives on various grazing techniques, which will allow programs to be tailored to better serve their needs in the future. A sample of 3,500 ranchers were purchased from DTN that contains 3,500 records from South Dakota with 50+ livestock and 100+ acres of pasture.

The Impact Of Unemployment And Female Labor Force Participation On Sex-Specific Suicide Rates Across U.S. States, 1979-2020, Jeffrey T. Lewis

Pennsylvania Economic Review

Using pooled cross-sectional state-level data from 1979-2020 to analyze the effects of economic conditions and female labor force participation on sex-specific suicide rates, I arrive at four main conclusions. First, I find that, for both males and females, the positive association between unemployment and suicide is stronger for the working-age population (aged 25-64) than for the total population. Second, I find that the unemployment-suicide link is stronger for females than for males. I estimate that a one percentage-point increase in the unemployment rate is predicted to increase the suicide rate of working-age females by 1.6%, compared to 0.8% for working-age …

Do Students Buy “Familiar” Stocks? A Field Experiment, George Psaradakis, Scott Deacle, Rudolph Henkel, Steve Aukers

Pennsylvania Economic Review

Existing literature shows that biases related to awareness can influence investors’ decisions when constructing portfolios or making financial decisions. In this paper, we examine whether student investors are drawn to stocks issued by companies with large general marketing budgets, based on the Ad Age 200, and stocks that are associated with popular brands. A field experiment was conducted in which undergraduate students constructed their own virtual stock portfolios. A treatment group of students was given a training seminar in stock market fundamentals in order to enhance their skillsets for stock market analysis and stock selection. The treatment group was compared …

Adam Smith And The Creative Role Of Imagination, Keith Hankins, Brennan Mcdavid

Philosophy Faculty Books and Book Chapters

That imagination plays a fundamental role in Smith’s accounts of both sympathy and scientific inquiry is well documented. Smith scholars have also long recognized that the accounts of these roles presented in The Theory of Moral Sentiments and the History of Astronomy are broadly Humean. In particular, the exercise of imagination in both the social and scientific domains is limited by the extent of our experience. Whether we are “changing places in fancy” with our fellows, thereby giving rise to that all-important sentiment of sympathy, or conjecturing relations between observed phenomena in an effort to quell the sentiments of wonder …