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Articles 331 - 360 of 425
Full-Text Articles in Econometrics
International Knowledge Flows And Technological Advance: The Role Of International Migration, Kacey N. Douglas
International Knowledge Flows And Technological Advance: The Role Of International Migration, Kacey N. Douglas
College of Business: Dissertations, Theses, and Student Research
Immigration is a major aspect of globalization. As the world becomes increasingly integrated, it becomes important to learn more about the effects of immigration on global economic growth. According to Robert Solow’s long run growth model, technological advance is the only form of economic growth sustainable in the long run. Those who contribute to technological advance – highly skilled labor – however, increasingly emigrate from lesser developed to more developed countries in a process known as brain drain. This process has been shown to lead to a permanent increase in income and growth in the host country relative to the …
The Country-Specific Nature Of Apparel Elasticities And Impacts Of The Multi-Fibre Arrangement, Lauren A. Martinez
The Country-Specific Nature Of Apparel Elasticities And Impacts Of The Multi-Fibre Arrangement, Lauren A. Martinez
Economics Honors Projects
Beginning with Krugman and Helpman’s theory of demand for differentiated products, this paper estimates 104 direct price elasticities of demand for apparel in the United States. While the literature has established that apparel elasticities vary by category and across countries, I examine how price elasticities of demand for apparel vary by country, regions, product characteristics, and after the end of the Multi-Fibre Arrangement. Results suggest that the country has the greatest single explanatory power in predicting price elasticities, and additionally, the “race to the bottom” hypothesis in the apparel industry is supported through increasing elasticity of 3.4% from the mean …
The Impact Of The American Recovery And Reinvestment Plan On The Job Market, Matthew Schur
The Impact Of The American Recovery And Reinvestment Plan On The Job Market, Matthew Schur
Empirical Economic Bulletin, An Undergraduate Journal
This paper will investigate the impact of the American Recovery and Reinvestment Act on the job market. The ARRA, also known as the Stimulus or the Recovery Act, is a stimulus package that was passed by the 111th United States Congress in February 2009 and signed into law on the 17th of February by President Barack Obama. The primary focus of this bill was to save and create jobs in response to the 2000’s recession that our economy faced. We will evaluate impact of the ARRA by using the latest census bureau data of each state and regression analysis. Our …
The Gettysburg Economic Review, Volume 6, Spring 2012
The Gettysburg Economic Review, Volume 6, Spring 2012
Gettysburg Economic Review
No abstract provided.
The Effect Of Homeownership On Household Savings In The United States, Jacquelyn Ammirato
The Effect Of Homeownership On Household Savings In The United States, Jacquelyn Ammirato
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the effect of changes in house prices on the saving patterns of households in the United States of America. The paper uses data from the Panel Study of Income Dynamics. Three empirical models are run, one for 2009, one for 2005 and one for 1999 data, to account for differences in household income, age of the head of household, employment status, and mortgage information. The results indicate that whether the home is owned or rented has a significant impact on household savings in each year.
Gender Discrimination: What Factors Influence The Level Of Gender Discrimination Facing U.S. Workers?, Joshua Ballance
Gender Discrimination: What Factors Influence The Level Of Gender Discrimination Facing U.S. Workers?, Joshua Ballance
Empirical Economic Bulletin, An Undergraduate Journal
This paper uses previous research conducted by the author which analyzes gender discrimination at the state level. Using state level discrimination coefficients, this paper looks to analyze why discrimination varies significantly across the United States. The empirical model is constructed using a panel data set over the past twenty years to develop a model that explains why variations in the level of gender discrimination faced by U.S. workers has persisted despite the fact that the level of gender discrimination has decreased over this period.
Offshoring And The Effects On American It Workers, Kristen Bousquet
Offshoring And The Effects On American It Workers, Kristen Bousquet
Empirical Economic Bulletin, An Undergraduate Journal
This paper will use an existing model from Amiti and Wei (2009) to illustrate the potentially positive effects that offshoring will have on the productivity of American IT workers and the IT industry. The inputs that will be used to measure productivity are labor, capital, materials, service inputs, and the offshoring of materials and services and were collected from the Bureau of Economic Analysis and the Bureau of Labor Statistics. Based on a previous study from Amiti and Wei (2009), the results may suggest that there is a positive correlation from offshoring and productivity.
The Environmental Kuznets: For High, Middle And Low Income Latin American Countries, Allia Afifi
The Environmental Kuznets: For High, Middle And Low Income Latin American Countries, Allia Afifi
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the relationship between environmental quality and economic development through the use of the Environmental Kuznets Curve. The study will examine the effect of economic development on the environmental quality for selected high, middle and low income Latin American countries. The model will look at emission levels (CO2 emissions in metric tons per capita) in Brazil, Mexico, Argentina, Columbia, Honduras and Nicaragua as affected by changes in Gross Domestic Product. The results show that there is an inverted U-shaped curve representing the relationship between environmental degradation (CO2 emissions per capita) and GDP per capita, supporting the EKC hypothesis.
An Analysis On The Factors Affecting Fertility Rates Across The U.S., Britany St. Sauveur
An Analysis On The Factors Affecting Fertility Rates Across The U.S., Britany St. Sauveur
Empirical Economic Bulletin, An Undergraduate Journal
This paper analyzes the fertility rate or the number of live births per 1,000 women aged 15-44 years old. The research is based off of census data from the Statistical Abstract of the United States from 1990 to 2009. The purpose of researching fertility and birth rates is to explain the slight fluctuations during this time frame. This study looks into the factors as to why this change has occurred, such as race, education, marital status, economic impact, age, and region. The results from over the past 20 years have proven that these demographic and geographic factors have both affected …
Education And Income Inequality In Latin American Countries, Courtney Weiss
Education And Income Inequality In Latin American Countries, Courtney Weiss
Empirical Economic Bulletin, An Undergraduate Journal
It is a common theory that education levels and inequality are highly correlated. In layman’s terms, as access to education increases, the earning potential of the poor also increases. Therefore, the poverty gap shrinks. However, when access to education is limited, there is a greater disparity between the earning potential of the rich and that of the poor, thereby expanding the poverty gap. The following paper examines and compares the education levels and income inequality across 14 Latin American countries. These countries experience “persistent” and “pervasive” inequality impacting all aspects of life (de Ferranti et al., 2004). Inequality will be …
Pigs Debt Crisis: Macroeconomic Factors, David Fiorino
Pigs Debt Crisis: Macroeconomic Factors, David Fiorino
Empirical Economic Bulletin, An Undergraduate Journal
Italy’s public debt has seen large increases over the past few years, and as a result they were bailed out by other European Union members. Either their large trade deficits, inability to stimulate growth, or lack of tax revenues are all reason why Italy has fallen to such crisis. Other countries in the EU such as Portugal, Spain, and Greece have had similar debt problems and received a bailout as well. This paper will attempt to explain the relationship between the public debt to GDP ratio and some macroeconomic conditions using panel data from 1990 to 2010 for the countries …
Crime Rate In Massachusetts Cities: Has The Negative Economy Affected This?, Karissa Guerette
Crime Rate In Massachusetts Cities: Has The Negative Economy Affected This?, Karissa Guerette
Empirical Economic Bulletin, An Undergraduate Journal
This review concentrates on the relationship between the effects the downturned economy has had on the crime rate. The paper examines specifically Massachusetts cities unemployment rate and average income, along with education level. With the financial crisis starting in 2008, this paper will take a look 2010, a couple years after the peak of the recession. The results show the increasing crime rates are positively related to the change of times with the economy leading to unemployment and lower income level.
Social And Economic Factors Leading To Differences In Us State Unemployment, Taylor Neighbours
Social And Economic Factors Leading To Differences In Us State Unemployment, Taylor Neighbours
Empirical Economic Bulletin, An Undergraduate Journal
This paper dives into the socio-economic factors that lead to differences in U.S. State unemployment rates. The study will look at and evaluate prior economic literature, including regression analysis, comparative statistics, and raw data from the BLS and Census Bureau. Further, it will take select parts from past models to create and analyze an economic regression model. The data to be found below is a cross-sectional interpretation of each of the 50 states for the years 2000 & 2010. The root causes for fluctuations in unemployment can help economists better understand how to monitor and manage unemployment levels on a …
Correlation Between Economic Factors And High-Technology Export In Asia-Pacific Nations, Jiyan Hu
Correlation Between Economic Factors And High-Technology Export In Asia-Pacific Nations, Jiyan Hu
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the correlation between high-tech exports in Asian-Pacific nations and the economic effects in term of economic growth. Some economic factors will be highlighted in this paper, such as foreign direct investment inflow, R&D expenditure, country openness as well as gross saving. The model will explain some economic factors are the key to determinant the volume of the high-tech export in Asian-Pacific nations. In order to understand the model and interpretation of each factor, high-tech export per worker will be targeted as a dependent variable. This paper will include data from 1997 to 2007 and it will be …
How Consumer Sentiment Affects Personal Consumption, Gregory Hughes
How Consumer Sentiment Affects Personal Consumption, Gregory Hughes
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the relationship between consumer confidence and major economic indicators as it relates to the United States after the financial crisis of 2008. This study reveals the effect consumer sentiment has on economic forecasting as it relates to personal consumption. Macro level data used to indicate future economic performance is lacking without the inclusion of consumer confidence levels.
Does Money Matter? An Empirical Analysis On The Effects Of Campaign Financing In Recent Senatorial Elections, Joseph Cunningham
Does Money Matter? An Empirical Analysis On The Effects Of Campaign Financing In Recent Senatorial Elections, Joseph Cunningham
Empirical Economic Bulletin, An Undergraduate Journal
This empirical analysis quantifies political science variables and tests to see if the sources of campaign finance money matters and ultimately determines the most important factors affecting a candidate’s chances of becoming elected. Using data from the 2004 and 2010 Senate elections, this paper tests the importance of a number of political science variables including party affiliation, sources of campaign financing, and incumbency, among others. The effects of the Citizens United Supreme Court decision and its democratic implications are also analyzed to see if money in politics weakens America’s democratic process. There are few studies in the field that are …
Tax Rates On Alcohol: Does It Affect Demand For Particular States?, Matthew Schoenewolf
Tax Rates On Alcohol: Does It Affect Demand For Particular States?, Matthew Schoenewolf
Empirical Economic Bulletin, An Undergraduate Journal
In this paper, different variables will be tested to figure out whether or not different levels of tax have a determinant on the consumption or demand for alcohol. The study will examine several variables including the sales taxes in each state, the different taxes on beer, wine and spirits, along with GDP per capita, death rates and whether or not there is an advertising ban in a particular state. The results from the research and tests performed focus on the factors that are closely correlated to the consumption of alcohol, with GDP per capita proving to be the most influential …
The Impact Of Defense Spending On Economic Growth In The United States, Nathaniel Harty
The Impact Of Defense Spending On Economic Growth In The United States, Nathaniel Harty
Empirical Economic Bulletin, An Undergraduate Journal
This paper addresses whether or not the United States’ government’s choice to cut defense spending is going to have a negative impact on economic growth, and therefore slow down the US recovery. This paper analyzes the findings during the last 70 years regarding defense spending and its effect on economic growth, through comparing that relationship between studies under various circumstances. It then goes into detail of the most recent data from the United States to see if there is a casual relationship between defense spending and economic growth. This paper will use the Granger Causality Method to test the significance …
Impact Of Work Values And Individual Attributes On Citizenship And Task Performance: A Test In A Developing Country Context, Anil Chadrakumara
Impact Of Work Values And Individual Attributes On Citizenship And Task Performance: A Test In A Developing Country Context, Anil Chadrakumara
Journal for the Advancement of Developing Economies
This study examined the impact of work values and individual characteristics on organizational citizenship behavior (OCB) and task performance (TP). Based on the arguments of Social Capital Theory, a theoretical foundation was developed to use work values as antecedents of OCB. Analyzing 416 responses from Sri Lankan manufacturing sector employees, it was found that gender and employment category were related to citizenship performance, while level of education was related to task performance. More importantly, the impact of work values (work norms, work ethics, and intrinsic values) on OCB was found to be more significant than that of demographic factors. Overall, …
Technology And The Export Behavior Of Small, Locally- Owned Firms: New Insight, Densil A. Williams
Technology And The Export Behavior Of Small, Locally- Owned Firms: New Insight, Densil A. Williams
Journal for the Advancement of Developing Economies
This paper investigates the relationship between technology and the export performance of small, locally-owned firms in the Jamaican economy. The literature argues that technology is an important variable in influencing the export performance of small firms given its technological ability to generate competitive advantage for the firm. However, the results from empirical studies are not always consistent. To investigate this issue, the paper uses survey data collected through face-to-face interviews of 92 exporters and non-exporters to estimate a logistic regression model of the firm’s export behavior. The results revealed that firm size, is the most critical factor that determines export …
Measuring Water Poverty Index In Urban Areas Of Punjab, Kanwal Zahra, Syed Hussain Haider, Afzal Mahmood, Sami Ullah
Measuring Water Poverty Index In Urban Areas Of Punjab, Kanwal Zahra, Syed Hussain Haider, Afzal Mahmood, Sami Ullah
Journal for the Advancement of Developing Economies
The urban population of Punjab is growing rapidly. It is projected that there will be a 25 to 30 percent increase in urban population by 2020. This rapid population increase is causing major problems in the efficient provision of urban services in these cities. To evaluate the effect of this population increase, this paper tries to produce an integrated assessment of water stress and scarcity, linking physical estimates of water availability with socioeconomic variables that reflect poverty, i.e., a Water Poverty Index. It is understood that poor households face the problem of the accessibility of potable water, and this results …
Supply Response, Exchange Rate And Domestic Price In Nigeria, Emmanuel C. Ani, Samson Adeniyi Aladejare
Supply Response, Exchange Rate And Domestic Price In Nigeria, Emmanuel C. Ani, Samson Adeniyi Aladejare
Journal for the Advancement of Developing Economies
The purpose of this paper is to empirically investigate the impact of exchange rate and domestic price on export trade in Nigeria. Firstly, based on the literature review and findings of the study in the area, the paper aligned itself within the premise of the traditionalist view which concludes that non-oil export trade in Nigeria is predicated by currency depreciation via lower export prices. Secondly, the introduction of domestic prices, alongside naira rate of exchange as major determinants of non–oil exports in Nigeria, has the implication of showing that currency devaluation could be used to improve the balance of payment …
The Us Financial Crisis, Emerging Markets And The Effects Of Imf Loans, Bridgette Bain
The Us Financial Crisis, Emerging Markets And The Effects Of Imf Loans, Bridgette Bain
Journal for the Advancement of Developing Economies
The main hypothesis of this paper is that emerging markets with outstanding debt from the IMF and their economies are more severely affected by shocks to the world than countries that do not undertake IMF debt. The effect that shocks have on these economies is also dependent upon the size of the debt borrowed. This paper analyzes the effects that outstanding IMF debt has on emerging markets. Essentially, it observes the responses of emerging markets to shocks in their economy when they are indebted to the IMF. We observe 35 emerging markets as defined by Dow Jones in 2010 and …
Economic Freedom And Fiscal Performance: A Regression Analysis Of Indices Of Economic Freedom On Per Capita Gdp, Jason R. Ockey
Economic Freedom And Fiscal Performance: A Regression Analysis Of Indices Of Economic Freedom On Per Capita Gdp, Jason R. Ockey
Undergraduate Economic Review
This paper explores whether different forms of economic freedom drive fiscal performance. We also seek to determine which specific measurements of economic freedom have the most statistically significant impacts. Though the results of our analysis show that economic freedom does impact levels of per capita GDP, the interpretation of these results is more complicated. Because some indices of economic freedom have negative effects on per capita GDP or are statistically insignificant, it is important to note that simply generally increasing a country’s overall level of economic freedom will not necessarily spur economic growth or increase fiscal performance. This paper does …
Explosive Behavior In The 1990s Nasdaq: When Did Exuberance Escalate Asset Values?, Peter C. B. Phillips, Yangru Wu, Jun Yu
Explosive Behavior In The 1990s Nasdaq: When Did Exuberance Escalate Asset Values?, Peter C. B. Phillips, Yangru Wu, Jun Yu
Research Collection School Of Economics
A recursive test procedure is suggested that provides a mechanism for testing explosive behavior, date stamping the origination and collapse of economic exuberance, and providing valid confidence intervals for explosive growth rates. The method involves the recursive implementation of a right-side unit root test and a sup test, both of which are easy to use in practical applications, and some new limit theory for mildly explosive processes. The test procedure is shown to have discriminatory power in detecting periodically collapsing bubbles, thereby overcoming a weakness in earlier applications of unit root tests for economic bubbles. An empirical application to the …
The Relationship Between Poverty And Crime: A Cross Section Analysis, Luke Fleming
The Relationship Between Poverty And Crime: A Cross Section Analysis, Luke Fleming
Empirical Economic Bulletin, An Undergraduate Journal
This paper compares the crime rates, poverty rates, and other economic statistics to determine if there is a relationship amongst the variables. The highest crime rates per capita in the world exist in developing countries; these countries also have very high rates of poverty. Is it a coincidence, or is there actually some substance to these facts? Crime is a complicated issue, and other variables like education, healthcare, and housing have to be taken into consideration. The results indicate that there is a relationship between certain types of crime and poverty, and that income inequality is significant to all types …
The Importance Of Good Governance In Achieving Economic Growth For Developing Nations: An Analysis Of Sub-Saharan Africa, Karl Turner
Empirical Economic Bulletin, An Undergraduate Journal
This paper aims to expand on the idea that good governance is essential in sustaining growth in developing countries. I have chosen variables that are specific to determining the effect of good governance on sustained growth in several Sub-Saharan African nations. These variables will take into account the increased levels of corruption and manipulation that takes place in many of these regions. By analyzing different countries in Sub-Saharan Africa, I will be able to account for different economic and political conditions. My results show that although these countries differ in various aspects of macroeconomic policy, stable governance has been the …
A Comparative Analysis Of Development: Foreign Direct Investment And Remittances In Latin America, Jeffrey Denault
A Comparative Analysis Of Development: Foreign Direct Investment And Remittances In Latin America, Jeffrey Denault
Empirical Economic Bulletin, An Undergraduate Journal
Economic growth in developing countries has long been thought to come from a variety of different economic factors. One of the most prevalent theories has been providing a country with high levels of foreign direct investment, encouraging the country to industrialize. Whilst there are obviously many other factors either inhibiting or encouraging a developing country’s growth, foreign direct investment has long been seen as the prime inflow of capital. However, in recent years, there has been a rapid increase in the transfer of funds to developing countries from migrant workers through remittances. This study explores the aggregate impact remittances have …
Foreign Aid And Growth In Select African Countries, Thomas Strong
Foreign Aid And Growth In Select African Countries, Thomas Strong
Empirical Economic Bulletin, An Undergraduate Journal
This paper analyzes the effects of foreign aid on economic growth in a set of African countries. This paper differs from previous literature in several ways; this paper analyzes a small sample set of aid-receiving African countries of varying distances from the equator. This paper also uses the most up-to-date data available, which will provide an insight into the 21st century conditions. Previewing the empirical results, this paper determines that aid, in the form of technical cooperation grants, has a significant, positive impact on growth.
Determinants Of A Country's Happiness, Timothy Caradonio
Determinants Of A Country's Happiness, Timothy Caradonio
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the relationship between several macroeconomic factors and the relative happiness of a country’s citizens. Inflation, GDP growth, real interest rate, and unemployment rate were selected as independent variables. Data on the dependent variable, the degree of happiness, was not available from other studies. Therefore, life satisfaction was used as the dependent variable which was obtained from the Happy Planet Index. This study was conducted using cross sectional data and the least squared method to determine if any of the independent variables are statistically significant to the happiness of a country.