Economics Commons^™

Proposal To Reduce Waste Pollution And Promote Efficient Waste Materials Lifecycle Management Through Employment Programs And Recycling Infrastructure Investment, Jake Gibson

Student Papers in Local and Global Regional Economies

This proposal seeks to promote more efficient uses of materials by the consumer products industry while simultaneously restoring natural areas and ecological processes through a jobs guarantee program whose efforts will return discarded materials into a more efficient consumer product lifecycle. The proposal consists of two prongs: a jobs guarantee program providing jobs collecting discarded materials from natural areas, sorting high value materials from collected waste streams, and operating recycling equipment during collection and at collection and processing centers; and investments in national recycling infrastructure, namely industrial equipment to be installed at collection and processing centers such as balers, shredders, …

Footprints Of A Winning Idea: Three Decades Of The Human Development Paradigm (1990-2019), Devin K. Joshi

Research Collection School of Social Sciences

The rise and fall of international development paradigms has long captured the interest of scholars, but interpreting whether a paradigm is winning or losing depends largely on how we measure its success. In this research note, we contribute to this debate by assessing the influence of development paradigms via comparative bibliometric analysis. Focusing on the human development and capabilities approach (HDCA) promoted by the Human Development Reports (HDRs) of the United Nations, our analysis reveals how the HDCA has emerged to become an influential paradigm of development over the last three decades. As the HDCA has fared impressively well vis-à-vis …

Pengaruh Kebijakan Harga Obat Terhadap Peluang Peredaran Obat Substandar Dan Palsu, Rafika Agusriana, Uka Wikarya

Jurnal Kebijakan Ekonomi

The implementation of National Health Insurance (NHIS; or Jaminan Kesehatan Nasional/JKN)’s policy, increasing patient access to medicine while keeping its budget under tight control, has the potentiality to result in compromising the safety and efficacy of the medicine. Budget constraint and the existing asymmetry information in terms of quality and price of medicines could lead to a moral hazard situation where pharmaceutical companies may produce substandard and falsified medicines to secure their profit. The result of this research using logistic regression analysis showed that despite previous assumptions, medicines included in JKN list are actually having lower probability of falsified or …

Essays On Institutions, Trust And Beliefs, Matthew Harvey

Theses and Dissertations

Institutions play a key role in development and output. Much of the literature on institutions has looked at the effects of institutions on development and output rather than the effects of institutions on individual behavior. This dissertation explores the effect of institutional stimuli on individual behavior. The first study explores the effectiveness of grassroots monitoring as opposed to top-down monitoring as a means of deterring corruption. Using Olken (2007), we argue that the presence of effective top-down monitoring alternatives can actually undermine pro-social behavior among individuals by crowding out their incentives to monitor. We find that in villages with both …

Estimasi Underground Economy Tingkat Provinsi Di Indonesia, Gusrah Kharisma P.M, Khoirunurrofik Khoirunurrofik

Jurnal Kebijakan Ekonomi

This study try to measure the size of the provincial-level underground economy in Indonesia using a monetary approach. Measurements were made in the study period 2007 - 2017, using Ordinary Least Square regression, to estimate the currency demand due to underground economy activities at the regional level that are affected by regional tax burdens. Estimates in this study resulted in the amount of underground economy ranging from 3.8% - 11.6% of the GRDP with an average of 8% per province per year.

Employment Trends And Poverty Status: Men And Women In The New York City Metro Area Between 2000 And 2017, Sarah Kostecki

Center for Latin American, Caribbean, and Latino Studies

Introduction:

This report examines employment trends and poverty status among men and women aged 25-54 in the New York City metropolitan area. The report assesses the characteristics of these persons, while examining trends and differences in poverty status by sex, race/ethnicity, and across the five largest Latino nationalities.

Methods:

This report uses the American Community Survey PUMS (Public Use Microdata Series) data for all years released by the Census Bureau and reorganized for public use by the Minnesota Population Center, University of Minnesota, IPUMSusa, (https://usa.ipums.org/usa/index.shtml). See Public Use Microdata Series Steven Ruggles, J. Trent Alexander, Katie Genadek, Ronald Goeken, Matthew …

Borderplex Business Barometer, Volume 5, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana

Border Region Modeling Project

No abstract provided.

Mexico Consensus Economic Forecast, Volume 24, Number 2,, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate

Border Region Modeling Project

No abstract provided.

Trade Clusters And Usa Southern Border Transportation Costs: 1995-2015, Thomas M. Fullerton Jr., Ernesto Duarte Ronquillo

Border Region Modeling Project

Fixed effects panel regression analysis is used to examine the impact of trade clusters on transportation costs along the southern border of the United States. CIF/ FOB ratios are utilized as the transportation cost measures. Grubel-Lloyd and Herfindahl- Hirschman indexes are utilized to identify trade clusters in the sample. Data are assembled for four custom districts (El Paso, Laredo, Nogales, and San Diego) during a 20-year period between 1995 and 2015. Because cross-sectional residual dependence is present, parameter estimation is carried out using Driscoll-Kraay robust standard errors. 9/11 terrorist attack effects are taken into account in the fixed effects model. …

Essays On Empirical Asset Pricing, Zilin Chen

Dissertations and Theses Collection (Open Access)

The dissertation consists of three chapters on empirical asset pricing. The first chapter examines whether the cross-sectional variation in private subsidiaries’ information disclosure predicts the cross-sectional dispersion in future equity returns of public parent firms. Information disclosure on private subsidiaries is not mandatory for public firms in the U.S., and thus these subsidiaries could be a good choice for public firms to hide bad news. We construct a private subsidiaries’ information disclosure (PSID) measure and find that a value-weighted portfolio that longs stocks in the highest PSID quintile and shorts stocks in the lowest PSID quintile yields a Fama and …

Study On The Ideas For Developing M&A Funds In China In The Context Of Economic Transformation, Xiaoming Song

Dissertations and Theses Collection (Open Access)

M & A fund is one category of private equity investment fund. In the past 25 years, private equity fund has grown into a considerable asset section. Since 2008, China's economy has experienced the pounding pain of structural transformation multiplied with other challenges, e.g. international economy’s lack of growth momentum, increased trade friction, aging population and so on. The trade friction between China and the United States has further exacerbated. Against this backdrop, from September 2018, there was a significant shift in the domestic central government’s economic policy, particularly the capital market policy, has undergone major changes with the repressed …

Gender Wage Gap Within Identical Twins, Kazim Julian

Undergraduate Research Symposium Posters

The gender wage gap is defined as the average difference in pay between men and women who are in the workforce. Congress passed the Equal Pay Act of 1963 which aimed to abolish wage disparity based on sex, yet the differences in wages are still felt today. Using the Oaxaca decomposition, we can illustrate a portion of the gender wage gap can be due to differences in skills, however the remaining unexplained portion can be interpreted as discrimination. It is generally known that union contracted jobs have higher wages and better benefits than non-union jobs, which in contrast should lead …

Overcoming The Overgeneration Of Renewables, Joshua Kaze, Ryan Barnard

Undergraduate Research Symposium Posters

Many states are addressing the issues of climate change, by changing how they produce their energy. The effects of these policies are causing many renewable sources to be underutilized. This paper analyzes how the diversification of energy generation is leading to inefficiencies in the California energy market and the western US market as a whole. The change in curtailment of non-dispatchable renewables is positively correlated with the growth of renewables. Summary statistics and regression analysis show that an increasing portion of renewables is being wasted as the quantity of renewables is increasing. The Renewable Portfolio Standards (RPS) that California introduced …

Shifts In Precipitation And Agricultural Intensity Increase Phosphorus Concentrations And Loads In An Agricultural Watershed, Donald M. Waller, Andrew G. Meyer, Zach Raff, Steven I. Apfelbaum

Economics Faculty Research and Publications

Fertilizers and manure applied to cropland to increase yields are often lost via surface erosion, soil leaching, and runoff, increasing nutrient loads in surface and sub-surface waters, degrading water quality, and worsening the ‘dead zone’ in the Gulf of Mexico. We leverage spatial and temporal variation in agricultural practices and precipitation events to examine how these factors affect stream total phosphorus (TP) concentrations and loads in the Sugar River (Wisconsin), recently listed as impaired. To perform our analysis, we first collected water quality data from 1995 to 2017 from 40 sites along the Sugar River and its tributaries. Starting in …

The Poverty In Usa: An In-Depth Analysis Of The Last Two Decades, Sara Negri

Economics Theses & Dissertations

Poverty is a global problem that affects not only the undeveloped states but also the most developed ones. This research paper will analyze this problem in depth, trying to summarize several definitions, several causes that can lead to an increase in the poverty rate, and policies implemented by the government in order to reduce the total number of poor people. The author analyzed the poverty rate in each state of the United States from 1990 to 2019 using a panel data analysis. She found out that California is the state with the highest value of poor people in the U.S. …

Cannabis Capitalism In Colorado: An Ethnography Of Il/Legal Production And Consumption, Lia Berman

USF Tampa Graduate Theses and Dissertations

Coloradans have changed their fundamental views on illegal substances since the decriminalization of cannabis in Colorado. Since the legalization of medical cannabis in 2014, state-sold dispensary cannabis products have straddled the line between legal and illegal network systems in a hybridized “il/legal” market system, a term designed to be ambiguous of the formal and informal economies that it represents (Nordstrom 2007, xxvii). The cannabis commodity chain has proved both familiar and strange when it comes to its production, consumption, and distribution of a federally illegal substance. Colorado’s history as a pioneer in culture and legislature has been repeated with cannabis …

Essays On Snap Participation, Bmi, And Food Purchasing Decisions, Samaneh Ghadyani

USF Tampa Graduate Theses and Dissertations

This dissertation estimates the SNAP-eligible individuals’ Body Mass Index (BMI) changes by the American Recovery and Reinvestment Act of 2009 (ARRA) in Chapter 1. It also examines whether the food packages’ nutrition fact tables’ refinements improve SNAP-recipients’ healthy food purchasing decisions in Chapter 2. Below, the summary of these chapters are provided:

• Chapter 1: The Effects of the American Recovery and Reinvestment Act of 2009 on the Body Mass Index (BMI) of SNAP-Eligible Individuals
• Chapter 2: Do Changes in the Nutrition Facts Labels Affect SNAP-Participants’ Food Purchasing Decisions?

Chapter 1 studies the effects of the American Recovery and Reinvestment Act …

Essays In Health And Behavior, Zehra Çagıl Valencia Lopez

Theses and Dissertations

I study decision-making in healthcare choices and competitions. In my analysis, I use both quasi-experimental and experimental methods. In the first chapter, I investigate the effects of C-sections on babies and their mothers. Using administrative data from South Carolina, I exploit the breech position to isolate variation in C-sections that is uncorrelated with the ex-ante health of the infant and mother. I find that a C-section increases the probability of abnormal conditions for babies immediately after birth. However, there are no significant effects on babies’ future health conditions after birth. Mothers who deliver by C-section are more likely to develop …

The Determinants And Consequences Of Foreign Direct Investment, Alexandra Dinu Troidl

Theses and Dissertations

This dissertation examines the regional economic effects of foreign direct investment (FDI). FDI is known to have benefits for both national and regional economies. These benefits include an increasing number of higher paying jobs, productivity spillovers for local firms, and elevated economic development (SelectUSA, 2020). Many governments compete to attract large FDI projects, often through the use of controversial incentive packages. Incentives are criticized because it is not clear that they affect the location of FDI and furthermore, whether the benefit of incentives outweigh the costs (Bartik, 2018).

In the first paper, I assess the impact of incentives on the …

Essays In The Economics Of Tournaments, Eren Bilen

Theses and Dissertations

This dissertation consists of three essays that focus on tournaments, incentives, and performance. The first essay presents evidence of cheating that took place in online examinations during COVID-19 lockdowns and proposes two solutions with and without a camera for the cheating problem based on the experience accumulated by online chess communities over the past two decades. The best implementable solution is a uniform online exam policy where a camera capturing each students computer screen and room is a requirement.

The second essay investigates the "superstar effect" using observations from chess tournaments. Superstars exist in many places. In competition, they might …

Institutional Stretching: How Moroccan Ngos Illuminate The Nexus Of Climate, Migration, Gender And Development, Shelby Mertens

Graduate Program in International Studies Theses & Dissertations

The global migration crisis the world has experienced thus far is only the tip of the iceberg. As the earth’s temperature continues to warm and extreme weather conditions worsen, millions of people across the globe will be displaced, and women in particular will face more difficult challenges. What the climate migration literature fails to study is these longer-term impacts beyond sudden onset disasters. Governments and institutions will be forced to respond and adapt to the new reality resulting from the climate crisis. This research provides a case study of Morocco and, by using institutional ethnography, investigates how NGOs working in …

Selective Engagement? Future Path For Us-China Economic Relations And Its Implications, Heng Wang

Research Collection Yong Pung How School Of Law

The US-China economic interactions will have profound ramifications for the world. The article explores the following questions: what is the path forward for US-China economic interactions? What are its implications? It argues that selective engagement is the possible future path for US-China economic interactions. Selective engagement involves selective focuses, which currently are an unprecedented emphasis on market access, and delegalized implementation. Selective engagement contrasts sharply with deep free trade agreements that focus on regulatory disciplines and legalized dispute settlement. Selective engagement carries profound implications, ranging from rule vacuum and inconsistency, increased protection and economic disintegration, to the marginalization of multilateralism. …

A Hybrid Equity Release Plan For Retirement Financing, Koon Shing Kwong, Yiu Kuen Tse, Junxing Chay

Research Collection School Of Economics

There are two main equity release plans for retirement financing: reverse mortgage plan and home reversion plan. Both plans entitle the homeowners not only to release cash from their properties but also to allow them living there for life. In the lease buyback scheme (LBS) recently introduced in Singapore, the home owner sells the tail-end of the property lease to the government in exchange for a cash payment upfront. Unlike the two main equity release plans, the LBS only allows the owner to stay in the property for the front part of the lease but not for life.

In this …

The Evolution Of Income Risk And Consumption Insurance In South Korea Over The Last Two Decades, Taehyun Ahn, Chung Gu Chee, Seonghoon Kim

Research Collection School Of Economics

Using data from the Korea Labor Income Panel Study, we study the evolution of income risk and consumption insurance against transitory and permanent income shocks in South Korea over the last two decades. We find a decreasing trend in both income and consumption risks. Furthermore, we estimate that 47.6% of permanent income shocks and 9.8% of transitory income shocks pass through to consumption. We also provide evidence of substantial improvements in consumption insurance among the less educated and the older cohort nearing retirement. Our results suggest that recent developments of social safety net and welfare system may have played an …

Government Management Capacities And The Containment Of Covid-19: A Repeated Cross-Sectional Study Across Chinese Cities, Wenchao Li, Jing Li, Junjian Yi

Research Collection School Of Economics

Objectives: Better understanding of the dynamics of the COVID-19 (2019 novel coronavirus disease) pandemic to curb its spread is now a global imperative. While travel restrictions and control measures have been shown to limit the spread of the disease, the effectiveness of the enforcement of those measures should depend on the strength of the government. Whether, and how, the government plays a role in fighting the disease, however, has not been investigated. Here, we show that government management capacities are critical to the containment of the disease. Setting: We conducted a statistical analysis based on cross-city comparisons within China. China …

Teaching In The Right Context: Textbook Supply Program, Language, And Vocabulary Ability In Vietnam, Tomoki Fujii, Maki Nakajima, Sijia Xu

Research Collection School Of Economics

While past two decades have witnessed a remarkable educational progress in Vietnam, ethnic minority children consistently lagged behind ethnic majority children in academic performance. The government of Vietnam has stepped up efforts to assist ethnic minority students in their learning by lowering the linguistic and cultural barriers they face. Among such efforts is the textbook supply program, and we examine its impact on the learning of children proxied by vocabulary test. We apply difference-in-differences estimation to four rounds of the Young Lives data between 2006 and 2015 in order to investigate how the textbook supply program narrowed the gap between …

Spatial Dynamic Panel Data Models With Correlated Random Effects, Liyao Li, Zhenlin Yang

Research Collection School Of Economics

In this paper, M-estimation and inference methods are developed for spatial dynamic panel data models with correlated random effects, based on short panels. The unobserved individual-specific effects are assumed to be correlated with the observed time-varying regressors linearly or in a linearizable way, giving the so-called correlated random effects model, which allows the estimation of effects of time-invariant regressors. The unbiased estimating functions are obtained by adjusting the conditional quasi-scores given the initial observations, leading to M-estimators that are consistent, asymptotically normal, and free from the initial conditions except the process starting time. By decomposing the estimating functions …

Determining The Number Of Communities In Degree-Corrected Stochastic Block Models, Shujie Ma, Liangjun Su, Yichong Zhang

Research Collection School Of Economics

We propose to estimate the number of communities in degree-corrected stochastic block models based on a pseudo likelihood ratio. For estimation, we consider a spectral clustering together with binary segmentation method. This approach guarantees an upper bound for the pseudo likelihood ratio statistic when the model is over-fitted. We also derive its limiting distribution when the model is under-fitted. Based on these properties, we establish the consistency of our estimator for the true number of communities. Developing these theoretical properties require a mild condition on the average degree: growing at a rate faster than log(n), where n is the number …

On The Decomposability Of Fractional Allocations, Shurojit Chatterji, Peng Liu

Research Collection School Of Economics

A common practice in dealing with the allocation of indivisible objects is to treat them as infinitely divisible and specify a fractional allocation, which is then implemented as a lottery on integer allocations that are feasible. The question we study is whether an arbitrary fractional allocation can be decomposed as a lottery on an arbitrary set of feasible integer allocations. The main result is a characterization of decomposable fractional allocations, that is obtained by transforming the decomposability problem into a maximum flow problem. We also provide a separate necessary condition for decomposability.

Earnings Momentum Meets Short-Term Return Reversal, Zhaobo Zhu, Licheng Sun, Jun Tu, Jun Tu

Research Collection Lee Kong Chian School Of Business

This paper evaluates the effectiveness of a joint strategy that exploits fundamental-based momentum and return-based reversal anomalies. This joint strategy is motivated by two considerations. First, reversal can serve as a natural hedge to momentum. Second, both fundamental and price-related information can contribute to stock return predictability. Consequently, we propose a new joint strategy that synthesises both earnings momentum and short-term reversal. We find that this joint strategy generates considerable economic gains and outperforms the sum of profits from two individual anomalies. Moreover, the proposed strategy appears to be quite robust, generating stable and persistent profits across different market conditions.