International Economics Commons^™

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.

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

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

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 …

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.

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.

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.

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.

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.

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 …

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.

Essays In Monetary And Macroprudential Policies, Mikheil Dvalishvili

Dissertations, Theses, and Capstone Projects

Chapter 1 Using a medium scale general equilibrium New Keynesian business cycle model with macroprudential policy and news shocks I study the effectiveness of various combinations of the monetary and macroprudential policies. I incorporate defaults both in the banking sector and households. The results show that out of the policy strategies considered the standard Taylor rule combined with the LTV requirement that reacts countercyclically to the deviation of house prices from the steady state yields higher welfare as compared with all the other strategies considered. Additionally, the standard Taylor rule combined with either of the countercyclical LTV requirements mitigates the …

Effect Of Health Aid On Life Expectancy In Sub-Saharan Africa, Sakiru Oladele Akinbode Dr., Isiaq O. Oseni

Journal for the Advancement of Developing Economies

No abstract provided.

Relationship Between Intergenerational Mobility (Igm) And Economic Growth: Evidence From Cross-Country Data, Swapnil Landge

Publications and Research

Inequality of opportunity (IGM) is a major cause of inequality of opportunity in many countries. However, the impact of IGM on economic growth has not been fully explored. In this research project, I first replicated and extended the IMF working paper titled IGM, IGM, and Economic Growth’ by Shekhar Aiyar and Christian Ebeke (2019), which explored the relationship between income inequality and economic growth, utilizing various measures of intergenerational mobility, to confirm that the adverse impact of income inequality on growth is more pronounced when IGM is lower. Then, I used the latest Gini dataset (All the Ginis’) compiled by …

The Impact Of The Covid-19 Pandemic On Corporate Financial Fragility In The Vietnamese Manufacturing Industry, Trang Nguyen

Honors Theses

In the past decades, under the government’s export-led growth strategy, the Vietnamese manufacturing sector – the backbone of the whole Vietnamese economy – has established a deep tie with the international market and the reliance on foreign buyers has fueled the growth of this sector before COVID-19. However, during the pandemic, when the global market contracted at -3.5 percent and demand slumped globally, this existing growth model and the manufacturing sector’s reliance on foreign buyers induced significant risks to this sector from both the demand and supply side. Using the firm-level data on 41 manufacturing exporting companies from the Vietstock …

Violence And Development: The Cost Countries Pay For High Rates Of Homicide, Brittany Lowe

The Cardinal Edge

Violence is one of the largest and most persistent humanitarian crises across the globe. Understanding violence’s role in economic costs and losses is crucial to informing and guiding decision makers. This study uses international panel data to conduct a log-linear regression with time and country fixed effects. It focuses on studying the causal effects of violent crime on GDP at an aggregate, international level. The results find that the homicide rate has a statistically significant, negative effect on GDP per capita. Acts of violence come not just at a humanitarian cost, but also at the cost of economic progress and …

External Sector Liberalization And Output Growth In Nigeria, Emmanuel A. Onwioduokit, Obong E. Effiong

Bullion

The paper investigates the impact of external sector liberalization (foreign direct investment, external debt stock, trade openness and exchange rate) on the output growth in Nigeria from the period 1981 to 2019, utilizing correlation analysis, Granger causality test and vector autoregression (VAR). The results indicate that foreign direct investment, external debt stock, trade openness and exchange rate all correlate positively with gross domestic product. Also, the granger causality test indicates that foreign direct investment, trade openness and exchange rate granger cause the output growth in Nigeria. From the VAR result foreign direct investment exerted positive and significant impact on the …

Three Essays On Exchange Rate Models And Their Applications, Azza A. Mansour

Dissertations, Theses, and Capstone Projects

Chapter 1: This chapter attempts to identify the determinant of exchange rate pass-through into producer and destination prices using highly disaggregated firm-level data of importers and exporters of the Egyptian economy from 2009 to 2013. The main findings assert the hypothesis of complete exchange rate pass-through into destination prices at the lowest level of significance for the average exporting firm that is also importing. Furthermore, the firm with the highest import intensity has a lower percentage of pass-through into destination prices, indicating that the marginal cost channel plays a more significant role in determining the speed of the exchange rate …

Essays On Spatial Econometrics Application In Study Of Conflict And Economic Activity, Ahmed Sadek Yousuf

Graduate Theses and Dissertations

Spatial interaction and the locational structure between observations as well as availability of satellite derived data has meant a richer and more exhaustive exploration of topics relevant in development topics, particularly in areas of subnational economic activity and conflict. This research leverages thus spatial econometric techniques to dynamically decompose impacts from socio-economic determinants on conflict incidence (with setting in Sub-Saharan Africa). Later I also present a statistical framework (based on extension of Henderson’s approach (2012)) to augment official income figures at district / county level with multiple satellite derived signals, with specific context given to developing countries.

In the first …

Do Conditional Cash Transfers Increase School Enrollment? Evidence From Brazil, Jeanette L. Silvernale

Master's Theses

Conditional cash transfer programs have been widely deployed across the globe. They seek to bolster human capital by providing benefits contingent upon a variety of actions such as school attendance and regular health checkups. Bolsa Familia is the most extensive conditional cash transfer program, serving 46 million Brazilian citizens. Despite its expansive size, there have been seldom large-scale micro evaluations of the program. Limited data has resulted in small sample sizes drawn from a single point in time. Our study diverges from the rest and utilizes a novel administrative dataset with an overall sample of nearly 60 million and a …

An Inferentially Robust Look At Two Competing Explanations For The Surge In Unauthorized Migration From Central America, Nick Santos

Dissertations

The last 8 years have seen a dramatic increase in the flow of Central American apprehensions by the U.S. Border Patrol. Explanations for this surge in apprehensions have been split between two leading hypotheses. Most academic scholars, immigrant advocates, progressive media outlets, and human rights organizations identify poverty and violence (the Poverty and Violence Hypothesis) in Central America as the primary triggers responsible. In contrast, while most government officials, conservative think tanks, and the agencies that work in the immigration and border enforcement realm admit poverty and violence may underlie some decisions to migrate, they instead blame lax U.S. immigration …

Cost Countries Pay For High Homicide Rates, Brittany Lowe

Grawemeyer Colloquium Papers

This research finds the economic cost, in terms of GDP per capita, to countries for increased violence using typical econometric models, and then makes recommendations to decision makers about funding allocation of violence prevention programs based off its findings.

Foreign Direct Investment And Economic Growth: A Panel Data Analysis, Yuan Yao

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the influences of FDI on economic growth of selected Latin American and Asian countries both directly and indirectly through factors such as technology, knowledge transfer, and trade openness. The study uses the growth regression to examine and identify not only the relationship between the FDI and economic growth of the underlying countries but also the interaction effects of FDI with human capital and trade openness on the economic growth based on the statistical performance of the interaction terms in the model. The evidence from the study shows that FDI does have an impact on economic growth both …

Star Player Bias In The Nba: A Quantile Regression Approach, Daniel Barrett

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines the impact of an NBA player’s salary on the number of fouls drawn by them in a season. NBA referees have complete discretion in making calls of whether a player does or does not commit a foul in game, with decisions susceptible to bias, favoring certain players with more fouls called in their favor than another player. The study uses salary to determine a player’s value, using a panel dataset of all players from the 2015-16 NBA season through the 2018-19 NBA season for salary and game statistics. The impact of salary is determined using a quantile …

Trade Liberalization And Economic Performance: An Empirical Analysis, Brandon Fontaine

Empirical Economic Bulletin, An Undergraduate Journal

Trade liberalization has long been a debated topic; free traders will argue it makes all involved parties more prosperous while protectionists say that it costs jobs and hurts countries’ economies. This paper will study the relationship between a country’s trade freedom, as measured by the Heritage Foundations trade openness metrics, and the nation’s economic performance. This study will incorporate indicators such as gross domestic product, unemployment, and investment flows across 56 countries of different income levels to determine whether free trade policies lead to greater economic performance. The three income levels analyzed will be high-income, medium-income, and low-income. The empirical …

The Effect Of Poor Working Conditions And Income Inequality On Gdp Growth, Trent Remillard

Empirical Economic Bulletin, An Undergraduate Journal

This paper looks to see if there is a relationship between poor working conditions and growth in GDP annually. Many nations have historically treated their workers very poorly, and offered little in support or protection to them. Consequently, many of these same nations have seen large boosts in annual GDP growth. This paper aims to see if there is a correlation between this treatment of workers, and these subsequent boosts of GDP growth, and if there is, is it possible to predict the expected level of growth based on these factors.

Macroeconomic Drivers Of Reit Stock Prices, Nicholas Mulligan

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates several variables as potential drivers of REIT stock performance. The results show that four of the six independent variables, all of positively correlated ones, were significant. The combination of variables proved to be very predictive, yielding an R-squared of 0.9712. The two variables that were added in this study versus the benchmark Morgan Stanley study proved to be highly significant. The two negatively correlated variables proved to be insignificant.

Quality Analysis Of Lift Ticket Prices In The United States Using Logistic Regression, Jared Murphy

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the possibility of a relationship between Lift Ticket Prices and quality of resorts in the United States of America. The study incorporates information from a number of past research papers analyzing the price of lift tickets and the individual characteristics of the ski area. In recent years, the price of lift tickets has increased far greater than the rate of inflation. With over 350 companies operating in the industry in the United States, they combine for annual revenue greater than $2 billion. Consumers who enjoy the sport have seen a sharp increase in prices throughout the past …

Economic Determinants Of Within-Country Political Instability And Violence: A Panel Data Examination Of Central And South America, Michael Biskupic

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines the potential impact of economic factors on withincountry violence and instability utilizing a panel data approach. More specifically, this paper examines the impact of within-country income inequality on a measure of political stability and a measure of within-country violence. Utilizing a Generalized Least Squares method, this paper finds that only in countries with a per-capita income less than $5000 is there a significant relationship between income inequality and violence. This paper concludes with a discussion of the results, recommendations for future research, and a section on policy recommendations based on the empirical results and potential risks not …

Student Achievement In Rhode Island Charter Schools: A Cross-Sectional Analysis, Edward Golas

Empirical Economic Bulletin, An Undergraduate Journal

Using standardized test results from the school year 2018-19 this study compares the performance of 3rd through 8th graders in Rhode Island charter schools to their peers in traditional public schools (TPSs). This study also uses OLS techniques to test if Rhode Island charter schools help to bridge the achievement gap between minority (black and Hispanic) students and white students. The results show that in approximately ¾ of comparable instances, Rhode Island charter schools outperform TPSs on both English and math standardized tests. Additionally, it was found that Hispanic students attending a charter school are predicted to score higher on …