Economics Commons^™

What Do We Know About Business Angels’ Decision Making Research Development? A Document Co-Citation Analysis, Dina Vasić, Alenka Slavec Gomezel

Economic and Business Review

Business angels (BAs) mitigate the financial gap of early-stage ventures and get actively involved in ventures they invest in. Their crucial role in the start-up ecosystem is spurring interest in their decision-making processes when making investments. However, the research about their investment decision making is crumpled. So far, we know the knowledge base about BA decision making comes from a blend of interdisciplinary studies where psychology and finance had a significant impact in pushing the research to new levels. With this study, we review knowledge dyads in the BA decision-making field through bibliometric co-citation analysis.

Deploying Digitalisation And Artificial Intelligence In Sustainable Development Research, Peter Yang

Faculty Scholarship

Many industrialised countries have benefited from the advent of twenty-first century technologies, especially automation, that have fundamentally changed manufacturing and industrial production processes. The next step in the evolution of automation is the development of artificial intelligence (AI), i.e. intelligence which is demonstrated by machines and systems, which cannot only perform tasks but also work synergistically with humans and nature. Intelligent systems that can see, analyse situations and respond sensitively to real-time cues, from human gestures and facial expressions to pedestrians crossing a busy street, will reshape transportation, precision agriculture, biodiversity conservation, environmental modelling, public health, construction and manufacturing, as …

The Economic And Business Case For Ensuring High-Quality Childcare And Preschool, Timothy J. Bartik

Presentations

No abstract provided.

The Productivity And Future Growth Potential Of Indonesia, Mohamad Ikhsan, Sri Mulyani Indrawati, I Gede Sthitaprajna Virananda, Zihaul Abdi

Economics and Finance in Indonesia

The output per worker of Indonesia has been on a downtrend since 2010, with total factor productivity (TFP) and capital stock largely stagnant if not declining. This paper discusses stylized facts that may explain recent trends in the productivity and growth potential of Indonesia. The decomposition of output per worker reveals the declining contribution of human capital, which is also most negative among peer countries. The growth in labor productivity has been concentrated within sectors, implying room for gains from labor reallocations. A substantial share of employment and credit in Indonesia has shifted to the relatively unproductive service sectors, particularly …

Working Paper No. 61, The Regulation Of Hemp In The United States, Olivia Carrillo

Working Papers in Economics

This inquiry seeks to establish that in the United States the growing and processing of industrial hemp faced an array of barriers. Its involvement in the effort during World War Two was successful and experienced high praise from the federal government. While hemp provided measurable and grand benefits as a strategic war crop, its importance diminished sharply as the United States transitioned out of the war era. What was once a highly desirable crop became a demonized crop that gradually faded into the background of the American economy. Despite its initial positive portrayal, the utilization of industrial hemp was essentially …

Working Paper No. 56, Towards A Veblenian View Of Non-Fungible Tokens, Kamren Geist

Working Papers in Economics

This inquiry seeks to establish that ideas advanced by Thorstein Veblen in his book, The Theory of the Leisure Class [1899], offer insights into nonfungible tokens. Through the evolution of technology -- aided by broad access to the internet -- the emergence of non-fungible tokens can be understood to offer the leisure class a novel form of conspicuous consumption. Enabled by expansive networks, members of the leisure class can now engage in conspicuous displays of wealth and therewith establish their status relative to members of the laboring class as well as members of the leisure class. While there exist many …

The Rise Of Southern Nevada As A Cluster For Metropolitan Transit Technology Innovations, Arthur C. Nelson

Policy Briefs and Reports

Southern Nevada is emerging as the nation’s leader in private sector-driven innovations in transportation technologies. From the humble beginnings of a monorail system serving a portion of major hotel and gaming venues along the Las Vegas Strip, now supplemented by an array of people movers, Southern Nevada continues to attract transit innovations in tunneling, Hyperloop, and driverless vehicle delivery technologies. The region may soon anchor a high-speed rail system connecting Southern Nevada to Los Angeles. The purpose of this briefing paper is to frame the nature of this emerging transportation cluster and the opportunities this creates for Southern Nevada to …

Akhtar Hameed Khan Memorial Lecture, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

Respected Sartaj Aziz sahib, Respected Shoaib Sultan sahib, Parvez Tahir sahib, Dr.Ayesha Khan, Distinguished Ladies and Gentlemen, I am extremely honored but also humbled to be asked to deliver Akhtar Hameed Khan Memorial lecture this evening. I am grateful to my mentor and lifelong teacher Shoaib Sultan sahib for his kind gesture in bestowing this honour. I would like to pay my personal tribute to Shoaib sahib for keeping the memory of Akhtar Hameed Khan sahib alive by organizing this lecture every year. Shoaib sahib’ single minded devotion to the cause espoused by AHK deserves our gratitude. He has faced …

Determinants Of Competitive Advantage For Sport Firms: Using Public Big Data In Korea, Iksu Jun, Hojun Sung, Juho Park, Hyun-Woo Lee

Journal of Applied Sport Management

This study examines the determinants of competitive advantage with respect to economic performance of sport firms. Logit regressions estimated dependent variables of economic performance measures based on sales per capita of firms. Determinants of competitive advantage were estimated by efficiency indicators, organization characteristic indicators, and industry classification indicators. Increase in efficiency was a significant determinant of competitive advantage as well as organizational type, size of human resource, diversification of products, and sales growth rate. Operationalizing competitive advantage as outperforming the market average and better than the top 10%, the logit regression model provides means for sport firms to analyze industry …

Working Paper No. 58, Auro Ex Oleum: Departing The American Gold Standard*, Zakhary L. Roth

Working Papers in Economics

This inquiry seeks to establish that the character of the United States dollar fundamentally changed over the course of the 20th century as it moved away from its being rooted in the gold standard. As the global economy transitioned into the 20th century and the United States began establishing itself as a cornerstone of global trade, the dollar evolved into the standard currency of the world economy, changing significantly along the way as it moved from a gold-backed standard to the reserve currency of the international petroleum trade. These changes are reflected in U.S. foreign and monetary policy throughout this …

High School Student Perspective: My Njit Stem For Success Internship Experience, Michael Mora

STEM Month

During the 2020-2021 school year, I was a senior at the Academy for Mathematics, Science, and Engineering (AMSE) in Rockaway, NJ. At AMSE, a STEM-focused four-year magnet high school program hosted at Morris Hills High School, participating in an extended internship senior year is a cornerstone of the learning process. Required to complete a STEM-related internship to graduate, Academy students are encouraged to seek out an internship they’re passionate about in a field of their choice. The internship, which must be conducted under the mentorship of an industry professional, must meet the New Jersey-approved standards for a work-based learning experience …

Adam Smith And Economic Development In Theory And Practice: A Rejection Of The Stadial Model?, Maria Pia Paganelli

Economics Faculty Research

Adam Smith allegedly offers a model of economic development in both his Lectures on Jurisprudence and the Wealth of Nations - the so-called four stages of development model. The model presents a linear unfolding view of economic development from primitive to advanced stages. But Smith's own historical examples systematically contradict this model. I thus question whether Adam Smith actually endorses and uses the four stages model of development to illustrate development and suggest that if he does, he does it to discredit it instead. For Smith, history teaches that development is more accidental than fitting deterministic models.

Impact Of Care For Life- Mozambique's Cyclone Recovery Program, Anna Osguthorpe

Undergraduate Honors Theses

My research is primarily an impact evaluation of the cyclone recovery efforts of the non- profit organization Care For Life, based in Beira, Mozambique. I determine the causal effects of this program on business creation and several inputs to health (serious sickness, improved latrines, meals per day, and access to a vegetable garden). The treatment intervention consists of Care For Life workers providing mosquito nets, water purification, and soap, improving available latrines, and providing gardening materials (seeds, fertilizer, hoes, and watering cans). I analyze the effect of this treatment on five different outcome variables chosen because they are deeply affected …

Biography Of Dr Ishrat Husain: Iba Organises Book Launch Ceremony, Business Recorder

Faculty Research - Newspaper and Magazine Articles

KARACHI: The Institute of Business Administration (IBA) Karachi held a book launching ceremony for a biography on Dr Ishrat Husain, former advisor to the Prime Minister on Institutional Reforms and Austerity and former Dean and Director IBA, at the IBA City Campus. Attendees included the IBA faculty, students and alumni, media, members from the academia, corporate sector and diplomatic corps.

Safest Cities In The Mountain West, Saha Salahi, Dielle T. Telada, Zachary Walusek, William E. Brown Jr., Caitlin J. Saladino

Cities & Metros

This fact sheet examines AdvisorSmith’s ranking list of the safest U.S. cities, drawing from the Federal Bureau of Investigation’s (FBI) Uniform Crime Reporting (UCR) dataset released in September 2021. Monthly crime data are presented for violent crimes (e.g. murder, rape, robbery, assault) and property crimes (e.g. burglary, larceny, motor vehicle theft). Data for the Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah are included.

East Asia’S Inclusive Growth Model : Part – Iii, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

The fourth lesson is the reliance on the private sector. In these economies, the private sector was allowed a free hand in the production, distribution and trade of goods and services. Japan had shown the way through big industrial conglomerates Keiretsus/Zaibatsus as did Korea through Chaebols. Taiwan adopted a different strategy – to promote industrialisation through smalland-medium enterprises. China, Thailand, Indonesia, Philippines and Malaysia encouraged foreign direct investment and joint ventures. In China, the share of state owned enterprises in the economy has fallen to 30-40 percent from 100 percent. Most of the town and village enterprises owned by the …

Towards Economic Growth And Development: The Role Of Development Finance Institutions In Fostering Foreign Direct Investment In Sub-Saharan Africa, Carmen Cagiza

Doctoral Projects

This dissertation contributes to the debate on economic development in developing countries through the analyses of four related strands of literature – the FDI and growth literature, the literature on finance and development, the DFI and growth literature, aid, institutions and economic development. The present research seeks to contribute to the debate on the effect of DFIs on FDI and consequently on economic development in developing economies to bridge the existing funding gap and thus ensure these economies achieve the global shared vision of sustainable development of the United Nations 2030 agenda. We acknowledge that development is triggered by economic …

Application Of Pheromone Is Potential Ecological Approach In Management Of Tuta Absoluta In Tomatoes: The Case Of Ruaha River Basin In Iringa, Tanzania, Theonest Kombe, Nicodemus D. Matojo, Fikira Kimbokota

Journal of Humanities and Social Sciences

Tomato leaf miner, Tuta absoluta (Meyrick) (Lepidoptera: Gelechiidae), is currently considered to be one of the most destructive insect pests of tomatoes worldwide. The present study was conducted in three study sites along Ruaha River Basin, Iringa, Tanzania, to assess community awareness about T. absoluta infestation and its management. The study also evaluated the susceptibility of three tomato varieties against T. absoluta in a greenhouse setting, as well as the effect of colours of traps and doses of pheromone in attracting T. absoluta in a field environment. The field survey revealed that 97% of the respondents were aware of the …

Does Getting A Degree Pay, Dhivian Thanabal, Hugh Ryan Hoare, Mirza Ali Mohamed Riyaz, Ilyas Farid, Devesh Mark Muruga, Edil Jani Bin Eddy, Mubarak Ali Muneer Ahmed

Introduction to Research Methods RSCH 202

Since an increase in opportunities has resulted in the pool of degree holders in Singapore to significantly increase over the last few decades, a re-examination of the relationship between salary and highest education qualification is necessary. The purpose of this study is to ascertain whether receiving a degree rather than gaining work experience leads to higher earnings during this degree inflation era. In 2022, this will be the first study in Singapore to examine a person's wage in relation to their highest level of education. The existing literature tends to find higher returns for the university degree holders, although the …

Prevalence Of Dementia And Mild Cognitive Impairment In Indigenous Bolivian Forager-Horticulturalists, Margaret Gatz, Wendy J. Mack, Helena C. Chui, E. Meng Law, Giuseppe Barisano, M. Linda Sutherland, James D. Sutherland, Daniel Eid Rodriguez, Raul Quispe Gutierrez, Juan Copajira Adrian, Jesus Bani Cuata, Amy R. Borenstein, Ellen E. Waters, Andrei Irimia, Christopher J. Rowan, L. Samuel Wann, Adel H. Allam, Randall C. Thompson, Michael I. Miyamoto, David E. Michalik, Daniel K. Cummings, Edmond Seabright, Angela R. Garcia, Paul L. Hooper, Thomas S. Kraft, Caleb E. Finch, Gregory S. Thomas, Jonathan Stieglitz, Benjamin C. Trumble, Michael D. Gurven, Hillard Kaplan

ESI Publications

Introduction

We evaluated the prevalence of dementia and mild cognitive impairment (MCI) in indigenous Tsimane and Moseten, who lead a subsistence lifestyle.

Methods

Participants from population-based samples ≥ 60 years of age (n = 623) were assessed using adapted versions of the Modified Mini-Mental State Examination, informant interview, longitudinal cognitive testing and brain computed tomography (CT) scans.

Results

Tsimane exhibited five cases of dementia (among n = 435; crude prevalence = 1.2%, 95% confidence interval [CI]: 0.4, 2.7); Moseten exhibited one case (among n = 169; crude prevalence = 0.6%, 95% CI: 0.0, 3.2), all age ≥ 80 years. …

South Haven Community Health Assessment, Jim Robey, George Erickcek, Kathleen Bolter, Gerrit Anderson, Emily Boyle

Reports

No abstract provided.

Economic Impact Of Western Michigan University Homer Stryker M.D. School Of Medicine, Jim Robey, Kathleen Bolter, W.E. Upjohn Institute For Employment Research

Reports

No abstract provided.

Stable Allocations Of Vaccines In A Political Economy, Zephirin Nganmeni, Roland Pongou, Bertrand Tchantcho, Jean-Baptiste Tondji

School of Economics and Finance Faculty Publications

We develop a theory that addresses the existence of stable vaccine allocations in a political economy where vaccination offers both private and social benefits. These are allocation policies that a political leader can enforce without losing their popularity. We show that a stable allocation may not exist if vaccine supply is sufficiently low relative to the number of individuals eligible to receive a dose. We then characterize the minimum number of vaccine doses guaranteeing the existence of a stable vaccine allocation. Moreover, when individuals have unequal voting rights in the political economy, stable allocations favor those with greater voting power. …

The Logic Of "Social Enterprise": The Big Issue Organization And New Labour Policy At The Millennial Juncture, Suman Gupta

CLCWeb: Comparative Literature and Culture

This paper explores the emergence of and policies and practices underpinning ‘social enterprise’ in Britain: that is, the concept that businesses could provide social services and benefits while returning profits to those who have invested in them. This paper argues that, in Britain, the concept was massaged into existence and adopted as a business and policy model at a particular historical juncture, in the later 1990s and early 2000s. The process involved a careful interweaving of linguistic maneuvers with financial calculations both at the level of specific businesses and at that of political regimes. This process is traced here with …

Technological Efforts, Firm Ownership And Productivity: A Study Of Information Technology Service Firms In India, Asmita Goswami, K. Narayanan

Articles

The article presents differences in firm-level total factor productivity in the information technology (IT) service firms in India over the period 2000–2016. It is an attempt to study whether technological efforts contribute to productivity differences in the firms in conjunction with several other firm specific characteristics. Controlling for endogeneity in inputs, the estimation of productivity through semi-parametric techniques indicates considerable heterogeneity in productivity across firm types. Technological efforts of firms have a significant impact on the productivity of IT firms. Both embodied technology imports and in-house R&D contribute to higher productivity. While the Indian firms are observed to be more …

War Over Measure: Latin American Cultural Policy And The Pedagogy Of Neoliberal States, D. Bret Leraul

Faculty Journal Articles

This article recovers the link between cultural and educational policy in Latin America to understand the neoliberal state’s discursive institution of culture as capital. It does so by studying the form and function of Mexican and Chilean cultural bureaucracies. The calculability and accountability of culture in Chilean cultural policy and the incalculability of Mexico’s culture of favor cultural policy are but two sides of one coin issued by the same neoliberal state form. Both depend on the discursive institution (from above) of culture as cultural capital and labor as human capital reflected (from below) in the formation of Latin American …

Agricultural Carbon Markets: How Could They Work?, Andrew Havens

Honors Program: Senior Projects (Public)

The resurgence of voluntary markets in which consumers can purchase carbon credits generated by agricultural carbon sequestration has brought up many questions for farmers looking to potentially enter the market. Past carbon markets, such as the Chicago Climate Exchange, ended when a recession hit, causing demand for credits to swiftly decline. How can modern voluntary markets face these challenges along with new ones and be successful? This research paper, completed as an undergraduate thesis project at the University of Nebraska-Lincoln, examines the economic and scientific factors behind soil carbon sequestration credits. An extended literature review combined with estimation of a …

Monopsony In Manufacturing, Chen Yeh, Claudia Macaluso, Brad J. Hershbein

Upjohn Institute Policy and Research Briefs

No abstract provided.

East Asia’S Inclusive Growth Model : Part – Ii, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

In 1980, China was among the world’s poorest countries with 80 percent of the population having incomes less than $1 per day and only a third of all adults able to read or write. Its per capita income was identical to that of India. By the year 2000, the proportion of the poor (income less than $1 per day) had declined to around 16 percent. Between 2008 and 2018, China ‘s GDP rose four-fold from $4.6 trillion to $18 trillion making it the second largest economy in the world (in nominal dollar terms) and today its per capita of 10,000 …

Monopsony In The U.S. Labor Market, Chen Yeh, Claudia Macaluso, Brad J. Hershbein

Upjohn Institute Working Papers

This paper quantifies the extent to which the U.S. manufacturing labor market is characterized by employer market power and how such market power has changed over time. We find that the vast majority of U.S. manufacturing plants operate in a monopsonistic environment and, at least since the early 2000s, the labor market in U.S. manufacturing has become more monopsonistic. To reach this conclusion, we exploit rich administrative data for U.S. manufacturers and estimate plant-level markdowns—the ratio between a plant’s marginal revenue product of labor and its wage. In a competitive labor market, markdowns would be equal to unity. Instead, we …