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Full-Text Articles in Econometrics
Four Essays On Peace Consolidation And Ethnic Reconciliation In Postwar Sri Lanka, Narayani Sritharan
Four Essays On Peace Consolidation And Ethnic Reconciliation In Postwar Sri Lanka, Narayani Sritharan
Doctoral Dissertations
In four essays, this dissertation explores the process of peace consolidation and economic recovery from the devastating conflict of 1983-2009 in Sri Lanka. This dissertation addresses a timely and important topic. The findings make an important contribution to the literature on economic development and peacebuilding, specifically on the role of foreign aid in alleviating the risks of conflict and helping countries rebuild their economies after conflict. The dissertation highlights important political economy dimensions that help illustrate social and political dynamics that lead to conflict, such as regional and ethnic inequalities, which also influence post-conflict reconstruction. In addition to a historical …
What Drives The Fracking Boom Crime Relationship? A Fixed-Effects Analysis Of Crime During The Pennsylvania Fracking Boom, Webster Batista-Lin
What Drives The Fracking Boom Crime Relationship? A Fixed-Effects Analysis Of Crime During The Pennsylvania Fracking Boom, Webster Batista-Lin
Masters Theses
The rapid expansion of hydraulic fracturing(fracking) over the past two decades has led to an increasing interest in the relationship between natural resource booms and crime. Since the onset of the fracking boom, numerous anecdotal accounts and an increasing body of empirical studies have suggested that fracking has a significant, positive impact on crime. However, the mechanisms behind this relationship are poorly understood. This study uses a high-resolution dataset and a unique, fixed-effects approach to decompose the effect that fracking has on crime into increases due to the introduction of new wells and increases due to the presence of existing …
Long-Run Effects Of Austerity, Guilherme Klein Martins
Long-Run Effects Of Austerity, Guilherme Klein Martins
Economics Department Working Paper Series
This paper provides evidence that austerity shocks have long-run negative effects on GDP. Besides addressing the important gap in the growing fiscal research regarding the short time horizon of the estimations, this paper analyzes two other important assumptions made in the literature regarding the (i) symmetry of episodes of fiscal expansion and con- traction and (ii) uniformity of fiscal multipliers for different sizes of shocks. We use narrative fiscal shocks and propensity score reweighting in a local projections setup to account for the potential endogeneity of austerity policies and the non-linearity of its effects over time. The estimation is also …
Dimensional Analysis And Logarithmic Transformations In Applied Econometrics, Deepankar Basu
Dimensional Analysis And Logarithmic Transformations In Applied Econometrics, Deepankar Basu
Economics Department Working Paper Series
In economics, it is common to use dimensioned variables, e.g. earn- ings (measured in dollars per year), as arguments in the logarithmic function. This is conceptually problematic because a logarithmic func- tion can only take dimensionless quantities as its argument. One way to avoid this conceptual error is to rewrite commonly used logarithmic regressions using an arbitrarily chosen reference unit so that ratios of dimensioned quantities are used in logarithmic functions. With the addition of a zero conditional mean assumption about the reference unit to the standard list of assumptions about asymptotic properties of ordinary least squares estimators, such a …
Capital Nationality And Economic Development, Guilherme Klein Martins
Capital Nationality And Economic Development, Guilherme Klein Martins
Economics Department Working Paper Series
This paper reviews different literature strands and performs an empirical test to evaluate how capital ownership, particularly its nationality, might affect long-run economic develop- ment. Our results indicate that low and middle-income countries with larger foreign capital stock in 1980 had lower economic growth over the next 39 years. The estimations also indi- cate that these economies developed a less specialized export basket, which became relatively more concentrated in low-tech goods. The results are inverted to high-income economies, for which the effects are positive on GDP growth and export specialization and complexi- fication. The results are in line with the …