Finance Commons^™

Impact Of Trade And Fdi Openness On Wages In The Manufacturing Sector In China, Qianyi Chen

Chulalongkorn University Theses and Dissertations (Chula ETD)

The purpose of this study is to examine the impact of trade openness and foreign direct investment (FDI) on wages in China using a panel data set of 27 manufacturing sectors over the period of 2001 to 2016. The effects are separated into three groups: total industries, capital-intensive industries and labor-intensive industries. First, by comparing the determinants of three groups of industries, it shows that the impact of trade openness on wages only significant and positive in labor-intensive industries while the impact of FDI on wages is significantly positive in both capital-intensive industries and labor-intensive industries. Second, in the case …

Unlv Financial Aid Forecasting, Austin-Ryan Abendanio, Cheyenne D'Cruz, Julie Jeon, Michelle Trinchera

Math 365 Class Projects

With an increasing population of students enrolling into UNLV each year, it is important to be able to predict the financial aid funding for future years. We were able to predict how many students would apply for aid and whether or not they would receive any, or enough need-based financial aid, from the years 2019-2023.

Clark County Population Vs. Unlv Student Enrollment, Gregory Goronson, John Inductivo, Joseph Copanas

Math 365 Class Projects

Year after year new high school graduates seek higher education. How does an institution like UNLV prepare for newcomers? More specifically, how will they implement such numbers into resources for incoming and returning students, also taking into account the growing population of Clark County.

The Impact Of Government Debt On Macroeconomic Indicators: Evidence From G7 And Asean Countries, Amani Ahmed Alzahrani

Masters Theses

Government debt continues to be a critical economic policy issue, which largely affects both developed and developing countries, due to elevated level of debt. From a general viewpoint, government debt is a crucial feature of a country's financial system and a major indicator that contributes to the formation of a country's reputation in the international market.

This paper investigates the impact of government debt on certain macroeconomic and wellbeing indicators in a group of industrialized and developing countries. That is, the study seeks to examine how government debt influences GDP per capita, domestic and foreign investment, and HDI in both …

The Impact Of Fiscal Policy On Economic Growth: Empirical Evidence From Four South Asian Countries, Tasnia Symoom

Masters Theses

There is a constant debate about the effectiveness of fiscal policy on economic growth of developing countries. Policy makers in developing countries generally attempt to address socioeconomic issues such as poverty, unemployment, hunger, poor investment, and illiteracy while adjusting the levels of public spending and determining tax rates. This thesis examines the impact of fiscal policy on economic growth in four countries of South Asia. For reasons of data availability I choose four of these countries – Bangladesh, India, Pakistan, and Sri Lanka – for the period 1980 to 2016. I use the Error Correction Model (ECM) and Autoregressive Distributed …

Dorothy Moser Medlin Papers - Accession 1049, Dorothy Moser Medlin

Manuscript Collection

(The Dorothy Moser Medlin Papers are currently in processing.)

This collection contains most of the records of Dorothy Medlin’s work and correspondence and also includes reference materials, notes, microfilm, photographic negatives related both to her professional and personal life. Additions include a FLES Handbook, co-authored by Dorothy Medlin and a decorative mirror belonging to Dorothy Medlin.

Major series in this collection include: some original 18th century writings and ephemera and primary source material of André Morellet, extensive collection of secondary material on André Morellet's writings and translations, Winthrop related files, literary manuscripts and notes by Dorothy Medlin (1966-2011), copies …

Does The Asset Pricing Premium Reflect Asymmetric Or Incomplete Information?, Crocker H. Liu, Adam Nowak, Patrick S. Smith

Economics Faculty Working Papers Series

We develop a framework for using text as data in asset pricing models. We use the framework to test whether real estate agents exploit their informational advantage to sell properties they own for a premium. Consistent with the previous literature, baseline estimates that exclude textual information indicate agents sell their own house at a 3 to 4 percent premium in both Phoenix, AZ and Atlanta, GA. However, this premium dissipates when textual information is included. The results suggest that the baseline estimates suffer from an omitted variable bias, which previous studies incorrectly ascribe to market distortions associated with asymmetric information.

Role Of E-Commerce On Trading Sector In China, Jinyi Li

Chulalongkorn University Theses and Dissertations (Chula ETD)

E-commerce is rapidly developing along with the development of information technology in China. This paper is aimed at analyzing the contribution of E-commerce on the trading sector in China and estimating the macroeconomic and sectoral impact of E-commerce respectively by using fixed effect panel data based on the data from seven selected regions in China over the period of 2008-2016. The study found that E-commerce plays a significant and positive role in the economic growth at either macroeconomic level or sectoral level. Every 1 percent increase in E-commerce's sale leads to an increase of 0.54 percent in the output in …

The Relationship Between Fdi And Employment In China's Manufacturing Industry, Ruoheng Wang

Chulalongkorn University Theses and Dissertations (Chula ETD)

China has achieved rapid economic growth after reforming and opening up, becoming the second largest economy after the United States. At the same time, China began to attract foreign direct investment, and the scale of foreign direct investment has been becoming larger and larger. It's obvious that FDI has played a crucial role in promoting China's economic growth. But China is a country with a big population, the employment problem is the most direct and realistic problem. Although overall employment is increasing in China, the speed of employment growth in the manufacturing industry is very low. After all, the manufacturing …

Assessing Impacts Of Fta In Thailand With Special Emphasis On Trade Creation And Trade Diversion, Sawasdee Charoenchang

Chulalongkorn University Theses and Dissertations (Chula ETD)

This paper uses ex-post gravity analysis to examine whether Thailand's 12 effective free trade agreements cause trade creation or trade diversion effect. The sample of the study covers 43 countries over the period of 1991-2016. The model is specified with the aim to obtain unbiased estimates of three FTA dummy variables, representing trades within and outside the trade blocs. This study is able to analyze only 7 out of 12 total FTAs due to multicollinearity problem. The results of this study show that AFTA has trade creation effects on international trade of Thailand with little diversion effects on exports. We …

An Empirical Study Of Human Capital On Economic Growth: An Investigation Using Three Indices Of Human Capital, Shan Shan Fu

Chulalongkorn University Theses and Dissertations (Chula ETD)

This research reexamines the augmented Solow's growth model to find the relationship between human capital and economic growth by using three different proxies for human capital. The first proxy of human capital is the proportion of labor force with secondary education that has been widely used in many studies. PISA score is the second proxy to human capital. It is regarded as being quality of education because this standardized test score could directly reflect the cognitive ability of individuals. The third proxy is the human capital index constructed by Penn's World Table 9.0 that included both quantitative and qualitative aspects …

Role Of Global Production Networks On Development Of Automotive Industry In Selected Asean Countries, Wachara Jongkraijak

Chulalongkorn University Theses and Dissertations (Chula ETD)

This paper investigates the impact of Global Production Networks (GPNs) on the industrial development in 3 aspects; domestic value added, labor productivity, and export performance, employing Trade in Value Added database at the country-sector level from Organization for Economic Cooperation and Development (OECD). The estimation is based on pooled time series, cross section and period fixed effect covering Automotive industry in 4 selected ASEAN countries; Thailand, Indonesia, Malaysia, and Philippines from 1995 to 2016. The results suggest that Thailand can exploit the benefit from GPNs through task specialization and economies of scales, at the same time expanding the domestic capacity. …

The Volatility Comovement Among Stock Markets In East Asian Countries, Weijie Yu

Chulalongkorn University Theses and Dissertations (Chula ETD)

Using daily indices for several East Asian and Asian emerging stock markets from 5 January 1995 to 31 December 2018, this study investigates the volatility comovement of the stock market returns in using the DCC-MGARCH model. The empirical results depict that the volatility comovement among East Asian stock markets have increased in recent years. Moreover, this correlation is stronger in the developed markets of Singapore, Hong Kong, Japan and Korea. Volatility comovement across emerging countries, namely, China, India, Thailand, Indonesia, Malaysia and Philippines, has also increased. This study also examines the volatility spillover effects in East Asia at different stages …

The Impact Of The Cost Of Car Ownership On House Price Gradient In Singapore, Naqun Huang, Jing Li, Amanda Ross

Research Collection School Of Economics

This paper examines the extent to which a change in the cost of car ownership affects the house price gradient with respect to distance from the central business district (CBD). Theory suggests that if the cost of car ownership increases, then people will shift towards other modes of transportation, thus reducing house prices farther away from the CBD. However, the cost of car ownership is likely to be endogenous and correlated with various unobserved factors that also contribute to a change in the house price gradient. To obtain causal effects, we exploit a unique feature of Singapore’s car registration process. …

Deconstructing The Corporate Psychopath: An Examination Of Deceptive Behavior, Corey A. Shank

School of Economics and Finance Faculty Publications

This paper examines whether business students deceive others more often than non-business students. A cheap talk experiment and an ethics questionnaire are employed to examine the subject’s behavior. Fundamental differences, such as psychopathic personality, are used to examine their role in deceptive and unethical behavior. The results show that business students deceive others for personal gain more often than non-business students when there is the most to gain; however, business students find deception committed by others as unethical. Business students exhibit more psychopathic tendencies compared to non-business students, including being more likely to fit the prototypical psychopath profile. This fundamental …