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Full-Text Articles in Econometrics

Violence And Development: The Cost Countries Pay For High Rates Of Homicide, Brittany Lowe Sep 2021

Violence And Development: The Cost Countries Pay For High Rates Of Homicide, Brittany Lowe

The Cardinal Edge

Violence is one of the largest and most persistent humanitarian crises across the globe. Understanding violence’s role in economic costs and losses is crucial to informing and guiding decision makers. This study uses international panel data to conduct a log-linear regression with time and country fixed effects. It focuses on studying the causal effects of violent crime on GDP at an aggregate, international level. The results find that the homicide rate has a statistically significant, negative effect on GDP per capita. Acts of violence come not just at a humanitarian cost, but also at the cost of economic progress and …


Cost Countries Pay For High Homicide Rates, Brittany Lowe Feb 2021

Cost Countries Pay For High Homicide Rates, Brittany Lowe

Grawemeyer Colloquium Papers

This research finds the economic cost, in terms of GDP per capita, to countries for increased violence using typical econometric models, and then makes recommendations to decision makers about funding allocation of violence prevention programs based off its findings.


A Statistical Analysis Of Economic Perceptions In The 2015 United Kingdom General Election, Amarvir Singh-Bal Mr. May 2019

A Statistical Analysis Of Economic Perceptions In The 2015 United Kingdom General Election, Amarvir Singh-Bal Mr.

Undergraduate Economic Review

This paper characterises the vote which took place in the United Kingdom's (U.K.) 2015 General Election as an ‘accountability instrument.’ In doing so, the research interrogates which sections of the electorate hold the incumbent government more accountable for economic outcomes between the 2010 and 2015 U.K. General Elections. The Rational Choice Theory and the Michigan Model are used in this study to present two interlinked, and yet distinct, hypotheses – that less politically informed and non-partisan voters are more likely to hold the government accountable for economic performances; compared to the politically informed and partisan voters within the electorate. Implementing …


European Union Membership And Levels Of Corruption, Kevin J. Morris Jan 2016

European Union Membership And Levels Of Corruption, Kevin J. Morris

The Corinthian

Recent accessions to the European Union (E.U.) membership have been met with protests as critics noted the widespread corruption still rampant in both recent and established member countries. Given the global ramifications of the debt crises in Italy, Spain, and Greece, determining the efficacy of the E.U. Accession Reforms and Membership Criteria on corruption reduction is vitally important. Using European and Central Asian country-level data from the World Bank’s Global Development and Global Indicator database regional-level fixed effects, I estimate the impact of EU membership on corruption levels and find that E.U. membership has a small, but significant impact on …


A Different Approach To Jensen’S Alpha And Its Relationship With Returning Ranking, Tingyu Du Ms. Apr 2015

A Different Approach To Jensen’S Alpha And Its Relationship With Returning Ranking, Tingyu Du Ms.

Undergraduate Economic Review

Based on Michael C. Jensen’s CAPM model (1968), this paper refines it with dummy variables included. It examines if fund manager’s skill is contributing to fund’s performance within a five-year span from June 2009 to June 2014, and if high total return ranking is related to outstanding Jensen’s Alpha. The findings coincide with Jensen’s research results.


Top Of The Order: Modeling The Optimal Locations Of Minor League Baseball Teams, W. Coleman Conley Nov 2014

Top Of The Order: Modeling The Optimal Locations Of Minor League Baseball Teams, W. Coleman Conley

Undergraduate Economic Review

Over the last twenty-five years, minor league baseball franchises have defined firm mobility. Revisiting the work of Michael C. Davis (2006), I construct a logistic regression model to predict which cities house minor league baseball teams. Six variables are tested for inclusion in the model, including population, income level, the number of major-league professional sports teams in a city, five-year population change, and distance from the closest professional team. Based on the model's predicted probabilities, cities are ranked in order of highest probability of having a team at each of the different levels from Class A to Class AAA.


Application Of Sgt Family Distributions In Quasi Maximum Likelihood Estimation, Samuel Dodini Oct 2013

Application Of Sgt Family Distributions In Quasi Maximum Likelihood Estimation, Samuel Dodini

Undergraduate Economic Review

In the classical normal linear regression model, ordinary least squares estimators (OLS) will be consistent and achieve the Cramer-Rao lower bound for any unbiased estimators. This paper examines the impact of several other error distributions on the properties of the OLS estimators. Several different types of example data commonly available to students and researchers in economics are used to illustrate the impact of nonnormality, because, in application, the assumption of normality may not hold in empirical testing. Using maximum likelihood, I demonstrate that flexible probability density functions better model the residual distribution of different types of data, which suggests improvements …


An Econometric Analysis On Pricing And Market Structure In The U.S. Airline Industry, Jiajun Liang Jun 2013

An Econometric Analysis On Pricing And Market Structure In The U.S. Airline Industry, Jiajun Liang

The Macalester Review

This paper examines the relationship between market power and airfares in the U.S. aviation industry. I performed Hausman-Taylor and random effects estimation techniques on quarterly data of the top one thousand most heavily traveled city pairs from 2009 to 2012. Overall, the regression results may be interpreted in such way that while higher concentration at a route level increases ticket prices, it nonetheless reduces average airfare at the airport level. For policy implications, it may suggest that higher market concentration has at least some merits to the consumers, most likely caused by the cost saving due to economic use of …


An Econometric Analysis Of Anti-Bullying Program Factors On Bullying In Public American Middle Schools And High Schools, Austin B. Beck Apr 2013

An Econometric Analysis Of Anti-Bullying Program Factors On Bullying In Public American Middle Schools And High Schools, Austin B. Beck

Undergraduate Economic Review

This paper seeks to answer the question: “Do typical factors of anti-bullying programs reduce the amount of bullying that takes place in American public middle schools and high schools?” An overview of the literature on bullying and anti-bullying programs is provided. Data from the School Survey on Crime and Safety is analyzed using a probit model. The model is tested for accuracy and the results are analyzed. Parental involvement and out-of-school suspension are found to be significant anti-bullying program factors. Other explanatory variables are also discussed and recommendations for further research are provided.


What Are The Effects Of Mergers In The U.S. Airline Industry? An Econometric Analysis On Delta-Northwest Merger, Jiajun Liang Mar 2013

What Are The Effects Of Mergers In The U.S. Airline Industry? An Econometric Analysis On Delta-Northwest Merger, Jiajun Liang

The Macalester Review

The Delta-Northwest Merger in 2008 has significantly reshaped the airline market structure and raised public concerns regarding market dominance. In this study, I will employ OLS techniques to examine the effects of merger on airfares, using more than 1,000 observations from 2008 and 2009 airline markets. Results show the belief that unbalanced market share will lead to heightened airfares misleading and unreliable. There is no significant evidence suggesting positive or negative correlations between airport dominance and airfares.


Does The Economy Determine The President? A Regression Model For Predicting Us Presidential Elections, Roy K. Roth Feb 2012

Does The Economy Determine The President? A Regression Model For Predicting Us Presidential Elections, Roy K. Roth

Undergraduate Economic Review

There is a prevalent belief that the economy determines the President. If the economy is good, the President keeps his job, if it is bad, he is out. A large body of econometric literature has been published on this topic. This paper takes a new approach. I look not at how the popular vote changes with economic conditions, but how the electoral vote changes. I further examine how these changes affect the probability that the incumbent party stays in office. I find that economic conditions may not be as important as they have been purported to be.


Estimating The Impact Of Cell Phone Laws On Car Accident Fatalities, Odinakachi Anyanwu Jan 2012

Estimating The Impact Of Cell Phone Laws On Car Accident Fatalities, Odinakachi Anyanwu

Pepperdine Policy Review

No abstract provided.


An Econometric Analysis Of The Determinants Of Investments By Insurance Companies In Nigeria, S. E. Omoruyi Dec 1984

An Econometric Analysis Of The Determinants Of Investments By Insurance Companies In Nigeria, S. E. Omoruyi

Economic and Financial Review

The paper is divided into two parts. Part I discusses the concept of financial intermediation. Part II outlines the model of determinants of investments by the insurance industry and summarises the main findings and policy recommendations of the study.