Growth and Development Commons^™

Vocational Training Programs And Youth Labor Market Outcomes: Evidence From Nepal, S Chakravarty, M Lundberg, Plamen Nikolov, J Zenker

Economics Faculty Scholarship

Lack of skills is arguably one of the most important determinants of high levels of unemployment and poverty. In response, policymakers often initiate vocational training programs in efforts to enhance skill formation among the youth. Using a regression-discontinuity design, we examine a large youth training intervention in Nepal. We find, twelve months after the start of the training program, that the intervention generated an increase in non-farm employment of 10 percentage points (ITT estimates) and up to 31 percentage points for program compliers (LATE estimates). We also detect sizable gains in monthly earnings largely driven by women who start self-employment …

State Of The Northwest Arkansas Region 2018 Report, Mervin Jebaraj

State of the Northwest Arkansas Region Report

The State of the Northwest Arkansas Region Report is an annual publication, commissioned by the Northwest Arkansas Council, that serves as a tool for evaluating economic performance. In July 2018, the Northwest Arkansas Council created a new blueprint for development that outlines the peer regions and a strategic action agenda for 2018-2021. In this plan, the performance of Northwest Arkansas is benchmarked with other contemporary, high-performing regions, namely Austin, Des Moines, Madison, Durham-Chapel Hill, Raleigh and Provo-Orem. The 2018 State of the Region Report compares Northwest Arkansas with these geographies in the areas of gross domestic product, employment, unemployment, establishment …

Official Development Assistance And Social Capitals Impact On Economic Growth, Thomas D. Hanley

Empirical Economic Bulletin, An Undergraduate Journal

This study intends to increase the understanding of the impact social capital has on economic growth in countries that receive official development assistance. By analyzing these relationships further, it may be possible to develop strategies to increase economic growth and prosperity in these regions. The results show that economic growth is not contingent upon high levels of trust but trust rich environments conditions the effectiveness of oda in stimulating growth.

What Contributes To Winning Gold? A Cross-Section Analysis Of Olympic Success, Shannon Gay

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the relationship between Olympic success and economic factors, does it take more than just athleticism to win a medal at the Summer Olympic Games? This study is a cross-section analysis of eighty-three countries at the 2016 Rio Summer Olympics who won at least one medal, using share of medals won at the 2016 Summer Olympic Games as the dependent variable and factors including gross domestic product, country population, life expectancy, HDI, host country status, political environment, and past Olympic performance as the independent variables. The results show that there is a positive and statistically significant relationship between …

The Effects Of Varied Income And Education Levels On Divorce In The United States, Elizabeth Willmonton

Empirical Economic Bulletin, An Undergraduate Journal

In the past decade in the United States we have witnessed a surge in the divorce through the 21st century. Within the past decade these numbers have been slowing, leaving many asking for what the original increase was caused by. This paper looks into the possible driving variables for divorce in couples in the United States from the early 1970s to present. Using data from the Michigan Panel Study of Income Dynamics, our model will focus on dependent variable divorce and how factors such as income of wife and husband, age married, and education level; possibly impact divorce in couples. …

Venezuela Public Health Issue, Luke Vargas

Global Public Health

While every country around the world faces a form of public health issues, the issues that the country of Venezuela faces are different. Their public health problem is not a disease that can be solved by science, or a cure. It’s a problem that can only be solved by the people within the county itself. The country of Venezuela now lacks the proper medical supplies needed to help cure diseases and normal vaccinations, and the only ones to blame is their government. Because their government has now refused to pay their debts to the surrounding countries they have now lost …

Cacao Together: A Model For True Sustainability In The Chocolate Industry, Kerstin Roos

Capstone Collection

This Course Linked Capstone provides a critical analysis of the concept of sustainable development and then uses this analysis to create a social venture plan for a non-profit called Cacao Together. This capstone project will identify challenges in the sustainable use of cacao by first critiquing the mainstream sustainable development initiatives of certification schemes and corporate sustainability programs. It then offers an alternate framework through the 5 Capital Livelihood assessment tool which when applied, shows the gaps in cacao sustainability initiatives generally. I then propose a social venture that will addresses the needs of many parts of the chocolate supply …

Business Economics: Data For Decision Making, Brian Barnier, Kevin Foster

Open Educational Resources

Syllabus for a course in data analytics for business economics, focusing on use of source data sets to answer the "why?" questions hidden in aggregate averages used in theory and "headline" news releases. Zero cost course using data available widely on the web. Optional texts are trade books available widely in libraries or used copies at low cost.

Corruption: Brazil's Everlasting Parasite, Patricia Vilhena

Honors Undergraduate Theses

The purpose of this thesis is to explore corruption in Brazil, how it has endured for so such a long period, and the effects it has in the country. Understanding the history of Brazil, how the government was established, and how the branches operate is crucial to comprehend the rooting causes of the Brazilian corruption. The focus is not just about what corruption is and the effects it has on education, economy, and infrastructure, but also on the factors that contributed to its expansion and the circumstances that allowed it to sustain until today. Brazil is a country known for …

A Lesson In Learning: Improving Learning Outcomes In India Via Pedagogical Innovation, Rhea Handa

Scripps Senior Theses

When delivered well, education is key to addressing a host of individual and societal ills, from poverty and disease to crime and poor voter engagement. India has demonstrated considerable progress in improving various aspects of its primary education system, including infrastructure and buildings, teacher-student ratios, and school enrollment. However, student learning outcomes remain consistently low across the country. A review of the literature surrounding learning outcomes has highlighted gaps in school instruction and has shown the dire need for innovations in pedagogy and curriculum to improve student learning. This paper assesses the long-term impact of one such pedagogy, called Teaching …

Mortgage Finance Market And Housing Affordability In Urban Areas In Rwanda: A Case Of Kigali City, Samuel Iyandemye, Jonas Barayandema, Faustin Gasheja

Journal for the Advancement of Developing Economies

Rapid urbanization in Rwanda has considerably increased housing demand and the need for a dependable mortgage market. Unfortunately, the capacity of most people to afford to own homes from their own incomes is still a challenge as mortgages products are available at outrageous conditions making mortgage finance unaffordable. For better market readjustment, the effects or mortgage market factors on housing affordability in any locality should be properly evaluated. The objective of this study is to determine how mortgage finance market affects the affordability of housing in Kigali, the capital city of Rwanda. To attain this objective, data was obtained from …

Food Insecurity In Urban Slums: Evidence From Ibadan Metropolis, Southwest Nigeria, Oluwakemi A. Obayelu

Journal for the Advancement of Developing Economies

Food insecurity is a major challenge among the urban poor who reside mainly in slums. The prevalence and determinants of food insecurity among households living in urban slums of Ibadan, Nigeria were therefore assessed. Data were analyzed using descriptive statistics and ordered probit model. Food insecurity was found to be prevalent among the slum residents, with about 81% being food insecure. Nine out of every 10 (89.1%) households were male-headed. The largest proportion of the mildly food insecure (37%) household heads were less than 30 years old, while the largest proportion of moderately food insecure (45%) and severely food insecure …

Educational Expenditure And Economic Growth Nexus In Nigeria (1987-2016), Abiodun O. Ayeni, Osagie F. Omobude

Journal for the Advancement of Developing Economies

This study empirically investigated educational expenditure and economic growth nexus in Nigeria using secondary and times series data from 1987 to 2016, sourced from the Central Bank of Nigeria (CBN), National Bureau of Statistics (NBS) and other agencies and sources. Relevant statistical tools were employed in exploring the relationships between these variables. The random characteristics of the variables were tested using the Augmented Dickey Fuller (ADF) technique. The links among educational expenditure, education sectoral output and economic growth were tested via the Autoregressive Distributed Lag (ARDL) and bound test approach developed by Pesaran and Shin. Four research hypotheses were tested. …

Remittances, Institutions, And Inequality In Developing Countries, Karla Borja, Joshua D. Hall

Journal for the Advancement of Developing Economies

The private transfers sent by immigrant workers back to their home countries, or remittances, can improve the development of recipient countries through poverty reduction, higher education, and new business formation. However, the effect of remittances on income inequality is still debatable. While some studies suggest that these transfers are sent to the poor, other investigations find that remittances are directed toward higher-income cohorts, widening the gap between rich and poor. This study provides new evidence about potential income inequality reduction driven by remittances and quality of institutions. For instance, weak institutions discourage the usage of remittances toward productive ventures, more …

Drivers Of Agricultural Productivity In Agriculture-Based Economy, Olatokunbo H. Osinowo, Rahman A. Sanusi

Journal for the Advancement of Developing Economies

Stagnation in agricultural productivity, especially in an economy with fast and persistently growing population, would compromise food security. This study examined the factors influencing agricultural productivity in an agriculture-based economy. The study used a 35-year period (1980 – 2014) panel data focusing on Agricultural Productivity (AP), Real Gross Domestic Product (GDP), Government Agricultural Expenditure (EXP), Agricultural Trade Barrier (ATB), Consumer Price Index (CPI), Farm Machinery (MACH), Fertilizer Consumption (FERT), Human Capital (HCAP) and Irrigation (IRRG). Data were analyzed using Impulse Response Function (IRF) and Panel Least Squares (PLS) regression technique. The IRF revealed that there was a positive and stable …

An Investigation Of The Effects Of Public Policy On Spatial Concentration And Company Linkages In The Martitime Sector, Eoin G. Moynihan

PhDs

Industry clusters (Porter, 1990, 1998b) have been the focus of numerous studies, and public policy programmes in recent decades (Ketels, 2013b). The maritime sector in particular has seen a number of maritime cluster organisations established in recent years as policy tools for regional development. Cluster analysis has focused on identifying and mapping clusters, yet comparatively little research has been undertaken on the optimal structure for cluster organisations (or initiatives) as additionality policy tools, to achieve the aim of strengthening cluster linkages and boosting the innovation capacity of cluster firms.

Therefore this research addresses the following questions:

1. To what extent …

Resources, Financial Sector Development, Governance And Growth In South Africa: A Time Series Analysis, Kehinde Abiodun

Masters Theses

We examine the impact of financial sector development - proxied by domestic credit and market capitalization - mineral rent, and quality of governance on economic growth in South Africa. The novelty of this thesis lies in the introduction of an interaction term between mineral rent and quality of governance, which is iterated along with the other afore-mentioned variables in a five-model estimation. Two other variables: trade and government expenditure are also added to the mix.

We developed five models to test the impacts of the different variables using the error correction model. In all five models, we find, consistently, a …

Oil Prices And African Stock Markets Co-Movement: A Time And Frequency Analysis, Grakolet Arnold Zamereith Gourène, Pierre Mendy

Journal of African Trade

This paper examines the co-movement between OPEC (Organization of Petroleum Exporting Countries) oil prices and the six largest African stock markets. We used wavelet coherence to analyze the evolution of this relationship both in time and by frequency. Our results show that the co-movement between African stock markets and oil prices is relatively low, with the exception of emerging stock markets such as South Africa and Egypt. For most of the African stock markets, the co-movement takes place over large time scales and both during and after the U.S. financial crisis. At small scales, African stock markets could represent a …

How Well Does Observable Trade Data Measure Trade Friction Costs? Evidence From Member Countries Within The Economic Community Of West African States (Ecowas), Festus Ebo Turkson

Journal of African Trade

This paper is an empirical application of the micro-founded measure of trade costs by Head and Mayer (2004) and Novy (2013). The derived micro-founded measure, consistent with the Ricardian and heterogeneous firm's models of trade, captures all trade costs components that hitherto have been impossible to include in the gravity framework because of severe data limitations and the impracticability of measuring some of the trade cost components. Based on bilateral trade and production data from the Trade, Production, and Protection database by Nicita and Olarreaga (2007) over the period 1980–2003, the micro-founded estimate of relative bilateral trade cost measure computed …

Foreign Direct Investment, Productivity And The Technology Gap In African Economies, Christopher Malikane, Prosper Chitambara

Journal of African Trade

This paper investigates the impact of foreign direct investment on total factor productivity conditional on relative backwardness in a panel of 45 African countries over the period 1980–2012. We use two measures of relative backwardness, namely: the distance from technological frontier and the income gap. We apply the fixed-effects and two-step system GMM methods. We find a generally positive but weak effect of FDI on productivity growth. Meanwhile, the results do not support the convergence theory of Findlay (1978) and Wang and Blomstrom (1992), that relative backwardness would result in higher productivity growth via the adoption of foreign technologies.

Microfinance And Women's Empowerment: An Empirical Evidence In Vietnam, Anh Phuoc Thien Nguyen

Honors Theses and Capstones

The study measures an impact of microfinance on women’s empowerment with a case study on TYM Funds, a Vietnamese microfinance program initiated by Vietnam’s Women Union. The purpose of the study is to examine whether microfinance participants are more empowered than non-members, and whether membership duration enhances the degree of empowerment among the clients. The author constructs the empowerment indices based on three subdimensions: Economic Security, Household Major Decision, and Community Involvement. The empirical data is built on TYM Funds’ impact assessment survey, which was conducted on 544 women including in-training clients, new clients and mature clients. A logistic regression …

Natural Amenities And Rural Development: A Multilevel Analysis Of Regional Trends And Local Patterns, Dawson Reisig

Graduate Student Theses, Dissertations, & Professional Papers

As rural communities began seeing increased rates of growth following the rural rebound of the 1970’s, many studies have examined the causes and consequences of this shift through the lens of regional amenities and migration trends. Additionally, as development patterns have moved outwards from concentrated growth in urban areas to sprawling development at the rural-urban fringe, many studies have examined the locations of rural development in relation to open space and the amenities it provides. However, examinations of the relationship between these two processes have been severely lacking in the field of land use studies, despite widespread acknowledgement that the …

Effect Of Climate Change On Economic Growth In At Risk African Nations, Bryan Gilbert

Empirical Economic Bulletin, An Undergraduate Journal

This paper looks at the possible negative effects climate change could create on the growth of at risk African Nations. This study takes known climate change metrics and puts them into an economic growth model to shine light on environmental issues becoming more prevalent in our world today. Climate change indicators will be modelled alongside economic growth indicators to paint a picture of the positive or negative effect that could slow African Nations’ Economies now and into the future. The results of this regression are predicted to be that the climate change indicators will have a negative effect on economic …

The Role Of Indicators In Promoting Gender Equality Through The Millennium And Sustainable Development Goals, Sara Rose Taylor

Theses and Dissertations (Comprehensive)

With the global rise of evidence-based policy, indicators have become an increasingly important part of governance. Indicators are statistics that represent social experiences, turning complex norms into simplified representations. Although seemingly objective, indicators reflect the values and beliefs of the actors who create them. An indicator’s normative underpinnings have significant consequences for social governance and policy because of an indicator’s power to shape understanding. This multi-manuscript dissertation analyzes the impact of governance by indicators as seen in the Millennium and Sustainable Development Goals (MDGs and SDGs), two major United Nations initiatives in the field of global social governance. The focus …

Trade Dependence, Liberalization, And Exports Diversification In Developing Countries☆, Patrick N. Osakwe, Amelia U. Santos-Paulino, Berna Dogan

Journal of African Trade

This paper explores the relationship between trade, trade liberalization, and exports diversification in developing and Sub-Saharan African (SSA) countries. The non-parametric analyses indicate that developing countries that are more open to trade (based on trade intensity) tend to have more diversified exports structures than those that are classified as less open. However, for SSA countries the non-parametric test shows that countries that are more open to trade have less diversified exports structures. Regarding the parametric analysis, the findings provide further evidence that trade liberalization, in the form of lower tariffs, contributes to exports diversification in developing countries, and the results …

Voices Of Women: The Impact Of Women's Political Reservations On Female Child Mortality In India, Kohsheen Sharma

Scripps Senior Theses

This paper uses state-level variation in the implementation of the 73rd amendment in India to observe the relationship between political reservations for women in local government and female child mortality. Nationally, reservations for women are not associated with a statistically significant difference in female child mortality. However, a state by state analysis shows variations in the level of impact of reservations on the topic of female child mortality. This paper examines the constraints on female representatives and their level of effectiveness in executing pro-female policies given the political and social environment. The two case studies on Kerala and Haryana explore …

Unveil The Mysterious Reality Of Management Healthcare In China: A Case Study On Institutional Arrangement, Yasha Zhang

Scripps Senior Theses

This thesis identifies and analyzes current problems in the healthcare market in China. Although many health indicators of China such as life expectancy and child mortality rates have improved significantly and suggest that the healthcare reform in China is successful, there have been many more reports of patient's violent attack towards the doctor, the sudden death of doctors, and decreasing doctor supplies that suggest otherwise. I observed that the relationship between doctors and patients are intense, doctors experience enormous working pressure, and many doctors are leaving the market. It makes me wonder how did government fail to improve its healthcare …

Monitoring The Philippine Economy Year-End Report For 2017, Mitzie Irene P. Conchada, Won Hee Cho

Angelo King Institute for Economic and Business Studies (AKI)

Growing at 6.7% in 2017, the Philippine economy realized robust full-year forecasts despite domestic and international economic challenges. Economic performance: Aggressive government spending on infrastructure projects, the growth of the manufacturing sector, and an uptick in the agriculture sector strengthen the Philippine economy.

Easing Growing Pains: Supporting The Growth Of Small Businesses In The Philippines, Paulynne Castillo

Angelo King Institute for Economic and Business Studies (AKI)

In explaining the 2015 survey findings that the Philippines has the second to the lowest existing business rate in the ASEAN region, the Philippine Entrepreneurship Report, 2015-16 stated that “business operations become more burdensome as they grow due to the more restrictive regulations on large enterprises” (Velasco et al., 2017, p. 40). Established businesses, particularly firms operating in the formal sector, shoulder higher taxes and are subject to social security contributions, minimum wage, and industry-specific regulations (Velasco et al., 2017; Auriol, 2014).

Strengthening early-stage entrepreneurial activities and supporting their quest for expansion, however, require access to financial, legal, and public …

Welfare-To-Work: The Effect Of Childcare Subsidies On Labor Force Participation Rates For Low-Income Single Mothers, Ariana Cubela

Williams Honors College, Honors Research Projects

The allocation of funding toward childcare has historically been debated due to conflicting views on the effect childcare subsidies have on low-income, single mothers. Some suggest that federal, state and local funding could put the money allocated for childcare subsidies to better use – or perhaps that there is no need for additional federal, state and/or local funding. However, there is sufficient evidence that children raised in a family structure with low-income single mothers may face long-term negative consequences not only socially, but also economically. An increase in labor force participation rates as a result of childcare subsidies not only …