Econometrics Commons^™

Does Low-Income Housing Change Neighborhoods? Evidence From The Low Income Housing Tax Credit Program, Maria Dikler

Theses and Dissertations

This paper examines how LIHTC developments affect a census tract's characteristics. The results indicate that tracts with LIHTC developments have increased education, poverty, diversity, renters, and multi-family buildings. These tracts also have decreased household incomes and rents. However, the study reveals no significant effects on labor force participation or employment.

Heating Systems And Households’ Expenditure, Svitlana Holyk

Master's Theses

The heating energy expenditure has been frequently taken to the consideration across different studies of poverty reduction. However, there is an unresolved question related to understanding how households’ expenditures might be distinct due to the heating system characteristics. This research implements matching methods to investigate the causal effect of the heating system on households’ gas and electricity expenditure in Ukraine. The result indicates that there is a significant difference in the utility expenditure between the District heating system (DHS) and the Individual heating system (IHS) households. The inherited from the past the Soviet District heating system Model in Ukraine doesn’t …

Fenway And Crime: Opportunity, Geographic Differences, And Team Rivalry At Boston Red Sox Games, Cole Mcgovern

Empirical Economic Bulletin, An Undergraduate Journal

Although hosting professional sports are often seen as a financial benefit for cities, there are also associated costs. This paper investigates the possibility of interdependence between a variety of crimes and home game days of the Boston Red Sox. When adjusting for game attendance and length, minor assaults charges such as disorderly conduct and simple assault increase city-wide during game days. Despite this, all crime around the immediate stadium area decreases in volume. Additionally, this study examines differences in geographical impacts and crime levels, when a game was played, and games played against the New York Yankees, their historic rival.

The Happiness-Income Paradox: A Cross Sectional Analysis, Samantha Sczepanski

Empirical Economic Bulletin, An Undergraduate Journal

This paper presents an empirical analysis of how income, education and healthcare affect overall happiness in a country. By using data found through the world happiness report, Statista and the world population review, I was able to analyze the relationship between these three variables and the overall happiness index from 100 counties. The results showed that while all three variables have a positive relationship with the happiness index, mean income had the strongest relationship. I was also able to explore potential other variables that could have an effect which were cost of higher education, percentage of population with secondary or …

Empirical Analysis Of Firearm-Related Deaths In The United States Based On Sex, Race, And Age, Dominik Dacruz

Empirical Economic Bulletin, An Undergraduate Journal

This empirical study examines firearm deaths via sex, race, and age in the United States. They have a look at making use of information from dependable assets such as the Centers for Disease Control and Prevention and the National Vital Statistics System. Descriptive and theoretical statistical analyzes are used to look at the relationship between those elements and firearm-associated mortality throughout agencies inside the US. The effects display that gun homicides have persisted to rise over the years, with guys and African Americans most tormented by gun violence Suicide is the main motive of gun deaths, observed through homicide and …

Educations Effect On Income Inequality: A Panel Data Analysis, Nicholas Garbarino

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the effects of education amongst other factors on income inequality in Europe. This study examines if countries who have higher educational attainment have lower income inequality or if having higher educational attainment has no effect on income inequality. The study will include data from several European countries over two different time periods and the results will then be compared at a country level and at an overall level to see how education affects income inequality. The regression results show that a country that has higher educational attainment is more likely to have lower income inequality. These findings …

An Empirical Analysis Of The Impact Of Unemployment Rate And Economic Development Level On Income Inequality, Wenyi Gu

Empirical Economic Bulletin, An Undergraduate Journal

This study used linear regression analysis to inspect influence of unemployment rates and economic development levels on income inequality in the United States and Germany. The results indicate that the level of economic development is the main driving factor for inequality of income in America, while in Germany, high unemployment and inflation can exacerbate income inequality. This study emphasizes the importance of labor market policies, social welfare policies, and tax policies in reducing income inequality. While the analysis only covers two countries, the results have significant policy implications for addressing income inequality. Future research can expand on the factors that …

The Determinants Of Carbon Emission In Asia And Europe: A Panel Data Analysis, Erika Hauser

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the numerous variables that influence carbon emissions in selected Asian and European countries. The study examines the countries with the highest gross domestic product (GDP) in each region, considering the possible impact of economic growth on greenhouse gas emissions. The study also analyzes the role of other variables such as tourism, foreign direct investment (FDI), ecological footprint level (EFL), and agricultural output. The ecological footprint level is modeled by global hectare or the countries’ gha, which is a measure of the impact of human activities on the environment. The study estimates tourism and FDI reduce emissions, while …

An Empirical Analysis Of The Impact Specific Crimes Have On Property Values In Massachusetts, Jake Scott

Empirical Economic Bulletin, An Undergraduate Journal

This research paper examines the impact of specific crime types on property values in urban areas. Using a dataset of property sales and crime data from several cities in Massachusetts, a regression analysis is applied to estimate the effect of different crime types on property values. Our findings suggest that certain types of crime, such as violent crimes and drug-related offenses, have a significant negative impact on property values, while other types of crime, such as property crimes and white-collar crimes, have a relatively small effect on property values. We also find that the effect of crime on property values …

Empirical Analysis Of Institutional Quality And Financial Development On Income Inequality In Central America, Odette Mansour

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the effect of Institutional Quality and financial development in middle income in Central American Countries. The study incorporates information about how inequality in middle income has increased alarmingly and how we should consider improving the institution's quality. The outcomes show a positive relationship between Institutional Quality and financial development regarding middle-income society in Central American Countries, specifically: Panama, Costa Rica, El Salvador, and Honduras, which is why we suggested reforming institutional in Central American countries, letting international institutions such as the World Bank, United Nations, and IMF use their financial and political influences to promote strategies aimed …

Empirical Analysis Of Nba Ticket Prices Correlation To Nba All-Stars, Michael Mcneil

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the possibility of a correlation between NBA ticket prices and if NBA All-Stars increase this cost. The model will incorporate the points, rebounds, assists, and minutes an NBA team has, the number of audience members, and how many All-Stars are at the game.

Empirical Analysis Of Nfl Ticket Price Determinants, Kenny Page

Empirical Economic Bulletin, An Undergraduate Journal

This research paper examines the determinants of revenue for National Football League (NFL) franchises with respect to ticket prices. Using a dataset of ticket prices and various factors such as team performance, stadium capacity, market size, and team revenue, we analyze the relationship between ticket prices and a franchise’s revenue. The results align with past studies in this area of research as they indicate that past team performance and average attendance have the strongest effect on ticket prices. Additionally, the results reveal that stadium capacity and market size most significantly affect team revenue. We find that ticket prices are less …

An Empirical Analysis Of The Effects Of Government Influence On Deforestation In Latin America, Francine Roberge

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates government influence and factors that may increase the rate of deforestation in Latin American countries. An empirical analysis will be conducted to measure the change in deforestation rates based on several potential influences. The analysis will look specifically at countries in Latin America that have a high level of deforestation including Argentina, Bolivia, Brazil, Columbia, Paraguay, Peru, and Venezuela from 1996 until 2011. Variables studied include accessibility, suitability for agriculture production, corruption perception, government effectiveness, political stability, GDP per capita, foreign direct investment, and trade openness. The results show that as more forest cover is lost, and …

Granger Causality Test For Agricultural Production To Economic Growth In Thailand, Joshua Soares

Empirical Economic Bulletin, An Undergraduate Journal

This study will dive into looking at the relationship of GDP growth and agricultural production in Thailand. In order to complete this study, we will use a Unit Root test, a Johanson Cointegration Test, a Granger Causality test, and finally an Impulse response function. The results will be able to show us whether or not there is a causal relationship between agricultural production and GDP growth. The results of the tests showed us that our only variable that had any significance was Thailand’s Net Trade.

A Granger Causality Test On The Misery Index Effects On Domestic Violence, Talia Vicente

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the possibility of an increase in domestic violence because of high inflation and unemployment rates in the United States. Inflation and unemployment are two factors that add together to contribute to the Misery Index. This index was created in 1970 by Arthur Okan, who used the index as a measure of economic distress felt by everyday people, due to the risk of, or actual, joblessness combined with an increasing cost of living. The data is collected from 1950’s to 2019 on factors such as unemployment, inflation, poverty, education, and GDP per capita. The results show that an …

How International Trade And Government Integrity Affect The Structural Transformation Of Lao Pdr And Cambodia, Yixin Wan

Empirical Economic Bulletin, An Undergraduate Journal

This paper explores the how international trade and government integrity affect the structural transformation of Lao PDR and Cambodia. This empirical study is conducted by using the methodology based on Chenery-Syrquin model with several control groups that have impacted on structural transformation in Lao PDR and Cambodia. Moreover, the obtained data is from 1993 to 2021 to find out how these two countries transform from being agriculture dominant economy to being more industry-and services-oriented economy. This study has confirmed non-linear effects of both income and population on the sectoral shares and found that trade has facilitated structural transformation in Lao …

Exploring The Relationship Between Exchange Rate Pass-Through And Cpi Inflation In Mainland China And India, Edward Zhou

Empirical Economic Bulletin, An Undergraduate Journal

By examining the link between exchange rate transmission and cpi inflation across countries, we investigate whether there is a considerable link between the two. In this paper, we examine data for two representative Asian countries, mainland China and India, to determine whether there is a relationship between the two. The study finds no significant link between exchange rate and cpi inflation for China by comparing 40 years of data for these two countries, but for India, there is a particularly clear link. The difference between the two is mainly due to the different exchange rate control systems implemented by the …

The Effects Of Cultural Values On Economic Growth: An Empirical Investigation, Jake Barlow

Empirical Economic Bulletin, An Undergraduate Journal

This study explores the relationship between cultural attitudes and national GDP growth, across several countries. Data from the World Values Survey from the 2010 through 2014 and 2005-2009 wave have been utilized to determine cultural attitudes, and data from the World Bank and USAID has been utilized for building the economic growth model. The purpose of this study is to inform policy makers regarding the effects of different cultural factors and their interactions on economic growth outcomes. The main contribution of this study is the positive impact that attitudes towards the environment have on economic growth outcomes.

An Empirical Analysis Of Foreign Trade And Institutional Quality On Economic Growth In Asian Countries, Ruixi Huang

Empirical Economic Bulletin, An Undergraduate Journal

This investigation explores the connections between foreign commerce, institutional quality, and economic growth in 11 Asian nations, utilizing panel data spanning 2000 to 2021. The countries are classified into Central Asia and Southeast Asia groups. Economic growth serves as the dependent variable, while trade openness, FDI, institutional quality, human capital, and terms of trade act as independent variables. The outcomes reveal that only total life expectancy at birth significantly influences Central Asian countries' economic growth. Furthermore, trade openness, FDI net inflows, and governance indicators considerably affect Southeast Asian nations. The results also indicate that institutional quality's impact on economic growth …

An Empirical Exploration Of U.S Healthcare Discrimination And Obesity Prevalence, Arinzechukwu Maduka

Empirical Economic Bulletin, An Undergraduate Journal

This paper offers an empirical exploration of the discriminatory nature of the US healthcare system using obesity prevalence as a primary lens. The study involves an analysis of time series data sets to examine the impact of an array of both economic and lifestyle factors on obesity rates across a statewide level. In addition to discussing the current realm of literature surrounding obesity, this paper expounds upon existing empirical models. Results show that inequality and race are significant influencers of anti-black discrimination that is ever present within society.

An Empirical Analysis Of Prime Performing Age Of Nba Players; When Do They Reach Their Prime?, Tony Salameh

Empirical Economic Bulletin, An Undergraduate Journal

This empirical research paper investigates the prime performing age of NBA players from the perspective of General Managers. The study aims to identify the age range in which players are most effective on the court and to determine if there is a significant relationship between age and player performance. Player performance statistics data was collected from ESPN and analyzed to help determine at what age players reach their prime productivity levels for a team. The findings suggest that the prime performing age of NBA players is between 27 and 31 years old, with a slight decline in performance after the …

Empirical Analysis Of Nba 2011 Cba Changes And Their Effects On Competitive Balance, Derek Smith

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the effects of the 2011 collective bargaining agreement on the competitive balance in the National Basketball Association. It illustrates how the different rules and regulations affected various factors within the sport, and in turn how these alterations affected the competitive balance of the NBA. The goal is to exemplify the importance of NBA factors in the competitive balance of the sport and prevent incorrect manipulation of the industry. The results showed that the 2011 CBA did little to none in terms of improving the level of competitive balance within the NBA. All of the factors that were …

The Methodology Of Multiple Regressions For Gdp Per Capita For Nations In The World Between 0 Ce And 1940, Robert Rogers

The Journal of Economics and Politics

A reduced-form model of GDP per capita is estimated using the classical econometric method and two Bayesian techniques, Extreme Bounds Analysis (EBA) and Bayesian Analysis of Classical Estimation (BACE) for the two millenniums. For several variables, such as the impact of colonialism, the Goldstone hypothesis of efflorescence increasing economic growth, and the impact of technology, this paper lends support, especially when the Bayesian methods are applied. Other results are mixed. Generally, the results support use of Bayesian methods by eliminating hypotheses that are not consistently supported over all models.

An Empirical Analysis Of The Impact Of Covid-19 On Trade: Evidence From A Small Island African Economy, Z Khan Jaffur, V Tandrayen-Ragoobur, B Seetanah

Journal of African Trade

This study investigates the potential impacts of the COVID-19 pandemic and related containment measures on the trade system of Mauritius for the period January 2010 to June 2021. As the pandemic spread across the globe due to high interconnectedness across countries, authorities has also established stringent health containment measures in the form of restrictions on people and businesses to slow the propagation of the virus. Being a small island economy highly dependent on international trade, Mauritius also faced the brunt of the pandemic which disrupted its economic activities and trade flows with its main trading partners. COVID-19 incidence and lockdown …

Economic Freedom And One-Way Truck Rental Prices: An Empirical Note, Alexander Cardazzi, Robert A. Lawson

Economics Faculty Publications

This study examines the one-way truck rental prices for 378 cities. There are large price differentials in one-way rental prices between city pairs. The pull of people toward higher economic freedom locales and push away from lower economic freedom locales is found to be an important determinant of the city-pair price differentials.

The Paycheck Protection Program's Effect On Real Estate Prices, Someswar Amujala

CMC Senior Theses

This paper investigates the relationship between the Paycheck Protec- tion Program (PPP) and real estate price increases. The Paycheck Protection Program was established by the Small Business Association in 2020 to pro- vide forgivable loans to businesses to aid with potential losses from COVID- 19 impacts. I leverage zip code level data across the United States and a fixed effects panel data model to quantitatively measure the PPP’s influence on housing and rental prices. I find a positive and significant relationship between the number of PPP loans disbursed and housing and rental rates. Specifically, a 1% change in the number …

Finding Answers In Gaps: The Relationship Between Drugs And Mexico's Economy, Mariela Centeno

CMC Senior Theses

This paper sets out to understand the economic conditions that paved the way for the evolution and resilience of a powerful and resilient drug economy in Mexico. To do this, I examine the relationship between a proxy for drug movement from Mexico and large economic variables in the country. I use a dataset that incorporates the drug seizures from 1997 to 2022 to understand whether privatization and the resulting rising economic inequalities in Mexico paved the way for a growing drug economy. This paper builds on current literature regarding drug market estimates and drug economy interactions. Using an OLS regression …

Savings-Investment Gap In Sub-Saharan Africa: Does The Interaction Of Financial Sector Development And Migrant Remittances Matter?, Wasiu Adekunle, Oluwatosin Adeniyi, Joshua Afolabi, Musibau Babatunde, Edward Omiwale

CBN Journal of Applied Statistics (JAS)

This study analyses the interactive effects of migrant remittances and financial development on savings-investment gap for a panel of 18 Sub-Saharan Africa (SSA) countries from 1990-2017. Results from a panel ARDL model show that migrant remittances reduce savings-investment gap in the long run. The gap is further reduced when the individual effect of financial development, and the interactive effects of migrant remittances and financial development are taken into consideration. Further analysis reveals evidence of widening effects of rising real GDP growth and bank deposits over a long-term horizon, while higher private sector credit widened the savings-investment gap only in the …

Macroeconomic Adjustments Of Global Convergence: Real Exchange Rate Response Of Asia-Pacific Growth, Kumarappan Annamalai

Dissertations, Theses, and Capstone Projects

This dissertation consists of three chapters.

Chapter 1 : PURCHASING POWER PARITY, REAL EXCHANGE RATE, PRICE LEVEL INDEX and HARROD-BALASSA-SAMUELSON EFFECT: LITERATURE SURVEY

In the light of the concepts explained in the introduction section, this chapter explores the seminal papers on the Purchasing Power Parity principle, the Real Exchange rate, and the Price Level Index, showing the evolution of PPP and the methodologies adopted in exploring the characteristics of PPP and the real exchange rates. Various characteristics might be stationarity or non-stationarity of the real exchange rates (RER), variance, correlation, half-life measures, linearity versus non-linearity, etc. Various methodologies adopted were …

Can The Olympics Spur Local Socioeconomic Development? Evidence From Brazil, Alex Matandos

All Theses

Countries pledge ever increasing budgets and commitments to host the Olympics. The region whose bid emerges victorious puts in motion the reallocation of inputs, labor, and capital to build all the promised infrastructure to run the event, while the remaining areas in country remain largely unaffected by the intervention. This quasi-experiment scenario is proper for the usage of the Synthetic Control Method but few papers have exploited it. This paper fills the gap by being the first to offer an analysis at local level for a developing economy on the impact of the Olympics. Using Rio de Janeiro's winning bid …