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Full-Text Articles in Econometrics

Panel Data Analysis Of Import Tariff Policy On Economic Growth And Industrial Output In Developing Economies, Connor A. Palazzo May 2022

Panel Data Analysis Of Import Tariff Policy On Economic Growth And Industrial Output In Developing Economies, Connor A. Palazzo

Empirical Economic Bulletin, An Undergraduate Journal

This paper is focused on interpreting the effects of import tariff policy on domestic economic growth in the small market economies of developing nations. There have been several previous studies that have investigated the effect of tariff policy on domestic consumers and producers of already established economies. In addition, there have also been many studies assessing the effects tariffs from developed countries have on developing countries. However, few reports have been done on how tariffs impact the domestic producers of a developing nation. It is widely accepted that open and free trade is the best method for facilitating growth and …


Determinants Of Real Median Household Income In The United States Using Time-Series And Panel Data Analysis, Evan Clark Apr 2022

Determinants Of Real Median Household Income In The United States Using Time-Series And Panel Data Analysis, Evan Clark

Empirical Economic Bulletin, An Undergraduate Journal

This paper’s main objective was to explore the determinants of income inequality using real median household income in the United States. This paper utilizes time series analysis to examine the Gini coefficient, trends in the top 1%’s share of wealth, and the relationship between real median income and varying demographics. The Gini coefficient is a summary measure of income inequality in a country. Income inequality is how unevenly income is distributed throughout a population. The results show that there is a negative correlation between the top 1%’s share of total wealth and the United States Gini rating, and that inequality …


Effectiveness Of Aid: Panel Data Analysis Of Foreign Aid In Africa, Will Bittrich Apr 2022

Effectiveness Of Aid: Panel Data Analysis Of Foreign Aid In Africa, Will Bittrich

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the effectiveness of international foreign aid flows into the continent of Africa. The study incorporates economic information into an econometric model to examine the influence of variables including natural resources, types of government, corruption, and education. The influence of gender equality and rule of law in relation to developed countries is factored in through a dependent variable. These findings provide an analysis on the efficiency of foreign aid and its effects on economic development in the region.


Impact Of Corruption On Economic Growth In Central America: A Panel Data Analysis, Ben Bresnee Apr 2022

Impact Of Corruption On Economic Growth In Central America: A Panel Data Analysis, Ben Bresnee

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the possible impact of corruption on economic growth in Central America. This study incorporates information into a model to examine the influence of different factors such as population growth, aid, human capital, gross domestic investment, Corruption, and consumption. This study finds that there is a negative effect of corruption on economic growth in Central America.


A Panel Data Analysis On Income Inequality On Life Expectancy In Asia, Julianna Flaccavento Apr 2022

A Panel Data Analysis On Income Inequality On Life Expectancy In Asia, Julianna Flaccavento

Empirical Economic Bulletin, An Undergraduate Journal

This paper aims to investigate the possibility of interdependence between income and life expectancy in countries across Asia. The study looks at the difference of life expectancies for men, women, and the two genders combined. We also looked at how health could have an impact on the model. We ran a fixed and random effect model on our panel data. We then ran the fixed and random effect model on the countries separated by income levels which we separated into low, middle, and high. The results show that the fixed effect was significant in Asia on both males and females …


The School-To-Prison Pipeline: A Panel Data Analysis, Samuel Guider Apr 2022

The School-To-Prison Pipeline: A Panel Data Analysis, Samuel Guider

Empirical Economic Bulletin, An Undergraduate Journal

The objective of this paper is to analyze the potential affect public-school funding has on juvenile incarceration rates in the United States using a panel series data set from 2000 until 2020. The United States has the highest per capita incarceration rates among 114 other members of the Organization of Economic Co-operation and Development (OECD), with 639 individuals for every 100,000 are incarcerated in the United States. This papers aims to use explanatory variables like race (black and white), sex, age, arrests, educational attainment, and rates of school attendance to further help in answering if an increase in public spending …


The Empirical Analysis Of Motherhood Penalty: The Effect Of Having Children On Women’S Career, Madison Henry Apr 2022

The Empirical Analysis Of Motherhood Penalty: The Effect Of Having Children On Women’S Career, Madison Henry

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the motherhood penalty as well as the fatherhood bonus. The Motherhood penalty is a phenomenon by which women’s pay decreases once they become mothers. The fatherhood bonus refers to the advantages that working fathers get in terms of pay and perceived competence in comparison with working mothers and childless men. This study incorporates information on the effect a child has on a mother’s income verse that of a father’s, while also measuring how a woman’s income is affected after having a child comparatively to that of a childless woman’s. The results show that the income of Mother’s …


A Panel Data Analysis Of Institutional Quality, Fdi, And Public Debts’ Impact On Economic Growth For Asean, Joshua Kearney Apr 2022

A Panel Data Analysis Of Institutional Quality, Fdi, And Public Debts’ Impact On Economic Growth For Asean, Joshua Kearney

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the effects on economic growth driven by institutional quality, foreign direct investment, and public debt while doing a breakdown and comparison between the first and last five nations to join ASEAN as well as a collective analysis of the complete 10 ASEAN. The model used in this paper focuses primarily on the country’s gross domestic product and the domestic growth seen within ASEAN that utilized public debt to fund governmental agendas.


Panel Data Analysis: Gender Wage Gap And Macroeconomic Factors Impacts, Yuzhe Lin Apr 2022

Panel Data Analysis: Gender Wage Gap And Macroeconomic Factors Impacts, Yuzhe Lin

Empirical Economic Bulletin, An Undergraduate Journal

This paper study the relationship between the gender wage gaps and macroeconomic factors that would impact them. The paper use panel data with data collected from OCED and World Bank WDI Indicator. The results show that the difference between female and male life expectancy, import, and female labor participation has a positive impact on the gender wage gap. FDI and Women business and law index score has a negative impact the gender wage gap.


An Empirical Analysis On Disparities In Access To Healthcare In New York City, Olivia Lemire Apr 2022

An Empirical Analysis On Disparities In Access To Healthcare In New York City, Olivia Lemire

Empirical Economic Bulletin, An Undergraduate Journal

Healthcare access varies across demographics. Access to healthcare is a strong determinant of health of individuals in New York City. There are a wide range of disparities in health care access for People of Color. Determinants of insurance include race, sex, education status, marital status, whether an individual has children. White individuals, specifically White females have the highest rate of insurance, while Latinx males have the lowest rate of insurance.


The Effect Of Minimum Wage Increases On Employment Of Teenagers In New England, Felicia O’Reilly Apr 2022

The Effect Of Minimum Wage Increases On Employment Of Teenagers In New England, Felicia O’Reilly

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines the relationship between increasing minimum wage and the number of hours that teenagers ages 15-19 work in New England states during the years 2002- 2019. In these years, all New England states have had various minimum wage rates, this paper will use feasible general least squares state-level panel data analysis to see if there is a positive or negative impact on teenage employment due to increases in minimum wage. Data was collected from the Current Population Survey, the American Community Survey, and state census data, and used with an equation derived by Zavodny (2000). State-level panel data …


A Panel Data Analysis Of The Effects Of Macroeconomic Variables On Income Inequality In Latin American Countries, Scott Poretsky Apr 2022

A Panel Data Analysis Of The Effects Of Macroeconomic Variables On Income Inequality In Latin American Countries, Scott Poretsky

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the relationship between inflation, trade, unemployment, education, and economic growth on income inequality in the South American OECD countries (Chile, Costa Rica, Colombia, Mexico, Argentina, Brazil, and Peru). While Argentina, Brazil, and Peru are not official OECD countries, they have a working relationship with OECD and have taken the first steps toward initiation in OECD. The variable that represents income inequality is the Gini Index World Bank estimator, and the variable that represents economic growth is GDP. This paper uses a panel data set from 2006 to 2020. The results of this study show that trade percentage, …


International Integration And Export-Led Growth In Latin America: A Panel Data Analysis, James Titus Apr 2022

International Integration And Export-Led Growth In Latin America: A Panel Data Analysis, James Titus

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the potential determinants for international integration and effects of export-led growth in Latin American countries to determine the most effective measure of growth in the countries. The study incorporates information asymmetry into a GDP per capita growth model to examine the influence of openness, human capital, export diversity, and more. While examining data from World Bank development indicators, it has been shown that there are at least nine different variables that provide relevant data to create a functional model. The results show that there are many applicable determinants that can be used in the model without over-correlation. …


Granger Causality Of The Relationship Between Tourist Flows And Household Expenditure In Jamaica, Ben Williams Apr 2022

Granger Causality Of The Relationship Between Tourist Flows And Household Expenditure In Jamaica, Ben Williams

Empirical Economic Bulletin, An Undergraduate Journal

Keynesians propose that increases in tourist arrivals are associated with an expansion in private spending through the multiplier effect. To test this hypothesis, this study augments a simple consumption function with tourist arrivals and employs the dynamic OLS method to compute the short and long run relationships of the variables. Time series data from 1980-2019 is used to test if tourist arrivals Granger cause household expenditure. The results show that there is no relationship between tourist arrivals and household expenditure in Jamaica and tourist arrivals do not Granger cause household expenditure.


Causal Relationship Between Defense Spending And Economic Growth In Countries With Different Income Levels, Kyle Sampson Apr 2022

Causal Relationship Between Defense Spending And Economic Growth In Countries With Different Income Levels, Kyle Sampson

Empirical Economic Bulletin, An Undergraduate Journal

This paper addresses the relationship between defense spending and economic growth for various economies with different income levels. Using time series annual data, the Granger causality test was conducted. This study looks to determine whether the direction of causality in these economies is different in low−income, middle income, and high−income countries.