Growth and Development Commons^™

Economic Drivers In East Texas- July 2025, Manuel Reyes-Loya, Cecilia Cuellar, Marilyn Young, Pedro Gallardo-Toledo

Hibbs Newsletter

This issue of the Hibbs Newsletter examines the key economic drivers of East Texas, highlighting trends in GDP, employment, and wages across major metropolitan areas. From 2015 to 2023, the region experienced steady economic growth, led primarily by healthcare, manufacturing, and mining industries. The report emphasizes healthcare as a dominant contributor to both employment and high-wage occupations, offering insight into the region’s evolving economic structure

Technifying Ventures, Yoshiki Ando, Emin Dinlersoz, Jeremy Greenwood, Ruben Piazzesi

Research Collection School Of Economics

How do advanced technology adoption and venture capital (VC) funding impact employment and growth? An analysis of data from the US Census Bureau suggests that while both advanced technology use and VC funding matter on their own for firm outcomes, their joint presence is most strongly correlated with higher employment levels. VC presence is linked with a high increase in employment, though primarily among a limited subset of firms. In contrast, technology adoption is associated with a smaller rise in employment, yet it influences a considerably larger number of firms. A model of startups is created, focusing on decisions to …

The Rising Returns To R&D: Ideas Are Not Getting Harder To Find, Yoshiki Ando, James Bessen, Xiupeng Wang

Research Collection School Of Economics

R&D has grown robustly, yet aggregate productivity growth has stagnated. Is this because “ideas are getting harder to find”? Using microdata from the US Census Bureau this paper estimates R&D effectiveness in the manufacturing sector from 1976 to 2018. We find that the marginal effect of R&D on output and the gross marginal returns to R&D have risen sharply. But rivals’ R&D has also gotten more effective, raising expected obsolescence. But firm productivity growth rises with growth in the R&D stock. Higher obsolescence slows the accumulation of R&D capital, reducing the contribution to productivity growth and shortening innovation lives.

One-Sided Limited Commitment And Aggregate Risk, Yoshiki Ando, Dirk Krueger, Harald Uhlig

Research Collection School Of Economics

In this paper we study the neoclassical growth model with idiosyncratic income risk and aggregate risk in which risk sharing is endogenously constrained by one sided limited commitment. Households can trade a full set of contingent claims that pay off depending on both idiosyncratic and aggregate risk, but limited commitment rules out that households sell these assets short. The model results, under suitable restrictions of the parameters of the model, in partial consumption insurance in equilibrium. With log-utility and idiosyncratic income shocks taking two values one of which is zero (e.g., employment and unemployment) we show that the equilibrium can …

Pengaruh Demokrasi Terhadap Pertumbuhan Ekonomi Daerah Di Indonesia, Jayanti Kusumaningrum Utomo, Widyono Soetjipto

Jurnal Ekonomi dan Pembangunan Indonesia

This study observes that previous research on the relationship between democracy and economic growth has produced ambiguous outcomes. The aim of this paper is to estimate the relationship between democracy and regional economic growth in Indonesia. Using a fixed effects model with 374 provincial-level observations, the results indicate a statistically significant and positive relationship between democracy and regional economic growth in Indonesia.

Harnessing Zakat To Drive Inclusive Economic Growth: Prospects And Challenges, Moh Najikhul Fajri, Andini Kusumawardhani

Journal Of Middle East and Islamic Studies

This study aims to analyze the role of zakat in promoting local inclusive economic growth in Indonesia. This research uses secondary panel data of 34 provinces during 2017-2022. The analysis techniques used in this study include the Poverty Equivalent Growth Rate (PEGR) inclusive economic growth measurement method and the Static Panel Regression Fixed Effect Model. This study concludes that zakat is proven to be an effective instrument in promoting inclusive economic growth in Indonesia, with a significant impact on income distribution even though its potential is still not optimized. Unique findings reveal that inclusive growth recovered faster than GDP post-pandemic, …

Three Essays In Development Economics, Vardaan Chawla

Dissertations and Theses Collection (Open Access)

This dissertation explores policy-relevant questions through three empirical studies on issues related to education, human capital formation, and consumer protection in developing countries. The first two chapters focus on education policies in India and examine their intended and unintended impacts on children’s schooling and labour-market outcomes. The third chapter evaluates a new approach to tackle consumer protection issues in digital finance in Uganda and Bangladesh. Across all three, this dissertation reflects an interest and understanding in advancing evidence-based policymaking in developing countries, be it in education or consumer protection.

In the first chapter, we evaluate the impact of the midday …

New Institutional Economics : A Few Extensions, Murali Patibandla

Markets, Globalization & Development Review

This article traces out the development of the New Institutional Economics (NIE). It delineates the literature into two interrelated themes of institutional environment and institutions of governance. The rules of the game of institutional environment determine governance choices. Inefficient institutional environment results in inefficient governance mechanisms which causes misutilization of scarce resources. Institutional environment evolves over time. This article demonstrates the evolution of institutions in response to shocks with analysis of historical examples. The prevailing literature over glorifies the colonial rule of the West for the emergence of capitalist institutions. It fails to explain success stories of Japan, Mainland China …

Rainy Day Funds In Mountain West States, Fy2024, Anirudh Polagani, Cason Noll, Krish Sharma, Caitlin J. Saladino, William E. Brown Jr.

Elections & Governance

This fact sheet presents data on rainy day funds for fiscal year 2024 in the five Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah, as originally reported in the 2025 Governing Magazine article, “Growth of State Rainy Day Funds Has Slowed Down.” These data capture the number of days each state could fund state government operations using only rainy day funds, which represent the money states set aside to maintain operations during economic downturns or fiscal stress.

Working Mothers And Children’S Social-Emotional Development: Struggling With Family And Job Roles In Dar Es Salaam, Tanzania, Ignasia Paskal Mbatta

Journal of Humanities and Social Sciences

This study aimed at examining the socio-emotional development of employed mothers’ children in the metropolis of Dar es Salaam. Early childhood socio-emotional development is crucial for shaping a child’s short- and long-term well-being, relationships, and overall mental health. An exploratory qualitative approach employing a phenomenological design, guided this study. In-depth interviews, documentary reviews, and active participant observation were used to collect data. The study sample comprised of 42 working mothers, 9 domestic workers, and 90 children under five years of age of the same mothers. Purposive sampling was used to select working mothers, while domestic workers were selected incidentally. The …

The Impact Of Blue Economy Factors On Morocco's Economic Growth, Lqamar Youssef, El Amine Youness Mr, Smouni Rachid Pr

Journal of Ocean and Coastal Economics

Purpose - This study examines the influence of blue economy factors on Morocco's economic growth.

Design/methodology/ approach - Using secondary data from 1980 to 2022, the analysis focuses on fishery production and its various sectors as contributing factors to economic growth. The study employs the Autoregressive Distributed Lag (ARDL) method and aims to highlight the impact of deep-sea fishing and coastal fishing in the context of a transition to a sustainable and inclusive blue economy.

Findings - The results suggest that coastal fishing has more potential for creating inclusive economic value within the development of the blue economy, thus promoting …

New Building Permits In The Mountain West, 2024, Taylor Volk, Mohit Pande, Kristian Thymianos, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet examines data on new build permits from January 2023 to January 2024 in the five Mountain West States of Arizona, Colorado, Nevada, New Mexico, and Utah.“New Home Construction Statistics,” published by This Old House, reported percent changes on new builder permits and construction manufacturing costs and statistics across all 50 states.

Scalable Targeting Of Social Protection: When Do Algorithms Out-Perform Surveys And Community Knowledge?, Emily Aiken, Anik Ashraf, Joshua E. Blumenstock, Raymond P. Guiteras, Ahmed Mushfiq Mobarak

Discussion Papers

Innovations in big data and algorithms are enabling new approaches to target interventions at scale. We compare the accuracy of three different systems for identifying the poor to receive benefit transfers — proxy means-testing, nominations from community members, and an algorithmic approach using machine learning to predict poverty using mobile phone usage behavior — and study how their cost-effectiveness varies with the scale and scope of the program. We collect mobile phone records from all major telecom operators in Bangladesh and conduct community-based wealth rankings and detailed consumption surveys of 5,000 households, to select the 22,000 poorest households for $300 …

The Startup Ecosystem In Southern Nevada: Growth, Energy, And Emerging Entrepreneurship In 2025, Len Jessup, Sean Curry

Policy Briefs and Reports

The startup ecosystem in Southern Nevada has undergone significant transformation during the past decade, evolving from a fragmented and nascent environment into a dynamic and increasingly coordinated landscape. This study examines the growth of the Southern Nevada startup ecosystem, analyzing key components such as funding sources, incubators, accelerators, and public-private collaborations. Utilizing both quantitative and qualitative data, including investment trends, economic impact reports, and interviews with over 100 stakeholders, this policy brief provides a comprehensive assessment of the strengths and gaps within the ecosystem. Key findings indicate that while the region has made substantial progress, particularly in fostering early-stage investments …

Resilience Of Women Entrepreneurs In Mindanao And The Impact Of Access To Finance And Digital Technologies, World Bank, Ateneo Center For Social Entrepreneurship, Social Enterprise Development Partnerships Inc.

Ateneo Center for Social Entrepreneurship (ACSEnt)

Executive Summary

This report examines the resilience of women nano- entrepreneurs in Mindanao and explores the impact of access to finance and digital technologies on their business sustainability. Utilizing data from the Social Enterprise Development Partnerships Inc. (SEDPI) and focus group discussions (FGDs), the study identifies key challenges and coping mechanisms employed by women-led nano- enterprises. The findings provide actionable insights for policymakers and microfinance institutions (MFIs) to design targeted interventions that strengthen the sustainability of these enterprises, particularly in the face of economic and environmental shocks. Women-led nano-enterprises in Mindanao typically operate informally, with assets ranging from PhP3,000 to …

The Benefits To New York State Of The Local Roads Program, Theresa Lagasse

Applied Economics Theses

ABSTRACT:

This paper explores the history of the Cornell Local Roads Program and how it helps to satisfy Cornell’s land grant mission as an extension program. Then the paper will look at the programs impact both directly and indirectly on the economy of New York State, via its role in improving local road infrastructure and providing highway departments with trainings and technical support.

The focus of the paper examines the four primary components of the Local Roads Program at Cornell, including workshops, research initiatives, technical assistance, and the Local Roads library, each of which contributes to better road management and …

Daughters Left Behind: How Trade Liberalization Harms Girls In China When Government Restricts Migration, Xuwen Gao, Wenquan Liang, Ahmed Mushfiq Mobarak, Ran Song

Discussion Papers

China’s accession to the WTO created new economic opportunities in certain cities. A shiftshare identification strategy shows that residents of adjacent rural areas migrated in and advanced economically. Longitudinal panel data on children reveals that their sons benefit, but counter-intuitively, daughters suffer worse mental and physical health, complete fewer years of schooling, and remain poor later in life. We explore why, and learn that hukou policy that restricts migrant children’s access to urban public schools is a factor. Triple difference research designs reveal that migrant parents become discontinuously more likely to leave daughters (but not sons) behind in rural areas …

Blood And Mettle: The Effects Of Civil Unrest On Economic Mobility, Nathan D. Parks

Honors Projects

Civil unrest is a global phenomenon that often emerges through a combination of grievances and opportunity sparking change. Civil unrest is often used as a tool by the populace to initiate political, societal, or economic transformation. Economic mobility or the belief in it is a key contributor to mitigating individuals’ level of grievances. This paper uses lagged panel analysis to investigate the question of how civil unrest affects economic mobility beyond the time of unrest. Civil unrest is associated with changes in economic mobility, varying between positive and negative associations based on the type of unrest. Analysis was conducted using …

The Impact Of The U.S.-China Tariff War On Trade And Investment In Developing Countries In Disrupted Global Value Chains, Teuku Riefky, Syahda Sabrina, Mohamad Dian Revindo

Economics and Finance in Indonesia

As the world is more open and more integrated than ever, the trade war between the two largest economies, the United States (U.S.) and China, has significant and unexpected implications for multinational companies within global value chains. Since both markets are closed to each other due to the imposition of higher import tariffs, businesses have to shift their trade activities to alternative countries. Employing historical data, existing country-level data from the Global Trade Analysis Project on Value-Added (GTAP-VA), and tariffs imposed during the U.S.-China trade war, this study comprehensively examines the impacts of the trade war on global value chains, …

An Assessment Of Youth Perceptions Of Youth Employment Initiatives And Attachment To Community As Determinants Of Migration Decisions Among The Youth In Keta Municipality Of Ghana, Fortune S. Zaglago

Dissertations

Youth migration from rural to urban areas in Ghana, particularly to cities like Accra, Tema, Kumasi, and Takoradi continues to rise, despite ongoing efforts to improve youth employability and reduce urban influx. This study examined the extent to which youth attachment to community and participation in employment initiatives predict migration intentions. Guided by the network, sense of community, neoclassical, and empowerment theories, the research employed a mixed-method correlational design. Data was collected from 249 participants, including 109 youth employment initiative participants, 126 non-participants, and 10 agency staff through surveys, as well as interviews with 4 heads of agencies. Quantitative data …

Terrashift, Mill Jignesh Shah, Mill Shah

Masters Theses

Keywords: Adaptive Reuse, Vernacular Craftsmanship, Food Security, Urban Agriculture, Community Revitalization, Heritage Preservation, Regenerative Design

In India’s rapidly urbanizing landscape, Tier-I cities continue to dominate as aspirational centers, leaving smaller towns to face depopulation, economic drift, and cultural amnesia. Terrashift challenges this imbalance by proposing a regenerative model that reclaims the vitality of Tier-II and Tier-III towns through the layered strategies of adaptive reuse, vernacular craftsmanship, and integrated food systems.

Centered in Sidhpur, Gujarat—a town rich with Bohra Muslim architectural heritage and centuries of Hindu-Muslim cultural synthesis—this project envisions the transformation of abandoned havelis into vibrant community anchors. These spaces, …

Power And Progress, Our Thousand-Year Struggle Over Technology And Prosperity, Jay Nathan

Journal of Global Awareness

No abstract provided.

College Degree Attainment In The Mountain West, 2010-2020, Isabelle G. Graham, Caitlin J. Saladino, William E. Brown Jr.

Higher Education

This fact sheet presents data on the gaps in college degree attainment in the Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah. The data appear in “Learning and Earning by Degrees: Gains in College Degree Attainment Have Enriched the Nation and Every State, but Racial and Gender Inequality Persists,” report published by the Georgetown University Center on Education and the Workforce (CEW), a research and policy institute within Georgetown University that focuses on the connections between education, career qualifications, and workforce demands.

The Digital Economy And Equitable Access To Jobs In The Mountain West, 2023, Isabelle G. Graham, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet presents data from a Brookings Institution report, “The future of the US digital economy depends on equitable access to jobs,” which compares the share of 2023 employment in highly digital jobs among women and minority groups for select U.S. metropolitan statistical areas (MSAs). This fact sheet reports data for nine Mountain West MSAs: Las Vegas-Henderson-Paradise, NV; Albuquerque, NM; Colorado Springs, CO; Denver-Aurora- Lakewood, CO; Tucson, AZ; Phoenix-Mesa-Chandler, AZ; Salt Lake City, UT; Provo-Orem, UT; and Ogden- Clearfield, UT.

Intergenerational Mobility In Ottoman Istanbul: Evidence From Court Records, Metin M. Coşgel, José-Antonio Espín-Sánchez, Emre Özer

Discussion Papers

We use data from the Istanbul court registers spanning from the 16th -19th centuries to establish, for the first time, long-term trends in intergenerational mobility in a major premodern city. The dataset contains information on over 270,000 individuals who appeared in court in various roles, including litigants, witnesses, and representatives. Crucially, it records the honorific titles (if any) of individuals and their fathers, which we use as measures for socioeconomic status. Our goal is to trace long-term changes in Istanbul’s social structure, analyze the relationship between fathers’ and sons’ titles to assess shifts in intergenerational mobility, and determine whether these …

The Effects Of Tulsa Remote On Inducing Moves To Tulsa: Estimates And Implications, Timothy J. Bartik

Upjohn Institute Technical Reports

Tulsa Remote is one of the largest of over 100 remote worker attraction programs in the United States. Since its beginning in 2018, the program has provided generous incentives ($10,000 for moving to Tulsa and staying one year), along with accompanying networking services and incentives to encourage entrepreneurship, to over 3,000 Tulsa Remote member households, selected out of tens of thousands of applicants. Tulsa Remote’s purpose is to promote economic development in Tulsa. Tulsa Remote members spend more locally and generate fiscal benefits, as well as start up businesses and help make Tulsa more attractive for high-tech job growth. These …

Tulsa Remote’S Benefits For Other Tulsa Residents: Results And Implications, Timothy J. Bartik

Presentations

No abstract provided.

Weather Impacts On Migration And Food Insecurity In Bangladesh, Brendon M. Wong, Andrew Hobbs

Master's Theses

This paper analyzes the impact of weather shocks on household migration and food insecurity, and the mechanisms in which they do so. As climate change continues to impact weather patterns, subsistence farmers remain extremely vulnerable and can experience decreases in welfare. Using the Bangladesh Integrated Household Survey, we construct a panel dataset to measure the effects of temperature and rainfall on remittance amounts, food consumption scores, and child wasting z-scores. We observe that weather has strong impacts on these outcomes but are dependent on the rice variety and growing season. We do not find strong evidence that the mechanism in …

Unequal Shocks: The Heterogeneous Impact Of Earthquakes, Claire Marie James

Master's Theses

What effect does neighborhood wealth have on disaster outcomes and disaster induced migration? Using the 2023 Kahramanmaraş Earthquake in Southern Türkiye and Syria as a natural shock, I examine how the short term migration response to building damage and earthquake exposure differs by average neighborhood home prices. Using a panel dataset of population by bing tile, from Meta’s Data for Good Project, I employ time series and cross sectional regression analysis. I find that wealthy neighborhoods are better able to retain population than non-wealthy counterparts.

Climate Shocks, Crop Yields, And School Enrollment In Rural Ethiopia, Mallika Matharu

Master's Theses

This study investigates how climate-induced shocks to agricultural productivity affect school enrollment in rural Ethiopia. Using five waves of panel data from the Ethiopia Living Standards Measurement Study (LSMS) and satellite-derived weather indicators, I estimate the causal effects of crop yields, specifically Teff, Sorghum, and Maize, on children’s school attendance. To address the endogeneity of agricultural output, I instrument crop yields with agro-climatic measures such as growing degree days (GDD), harmful degree days (HDD), and soil moisture during the Meher growing season. The main empirical strategy uses a two-stage instrumental variable approach with region and wave fixed effects. Results suggest …