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Articles 1 - 27 of 27
Full-Text Articles in International Economics
Illicit Financial Flows From Developing Countries: 2002-2006, Dev Kar, Devon Cartwright-Smith
Illicit Financial Flows From Developing Countries: 2002-2006, Dev Kar, Devon Cartwright-Smith
Dev Kar
No abstract provided.
Alleviating Global Poverty Through Profitable Partnerships: Moral Imagination & Economic Well-Being, Laura Hartman, P. Werhane, D. Moberg, S. Kelley
Alleviating Global Poverty Through Profitable Partnerships: Moral Imagination & Economic Well-Being, Laura Hartman, P. Werhane, D. Moberg, S. Kelley
Laura Hartman
While at least one out of six in the global human population cannot meet the basic demands of survival and they have little ability to buy goods and services, this situation also presents potential new markets for multinational enterprises seeking long-term sustainability. If economic growth is a continuing and positive goal for the planet and for global companies, then, as markets in developed economies become saturated, these new markets provide fresh opportunities to satisfy this objective.
Water Borne Diseases And Rural Development In Sudan Study Of Malaria In Gezira Irrigated Agricultural Scheme, Professor Issam A.W. Mohamed
Water Borne Diseases And Rural Development In Sudan Study Of Malaria In Gezira Irrigated Agricultural Scheme, Professor Issam A.W. Mohamed
Professor Issam A.W. Mohamed
Gezira irrigated scheme is globally one of the biggest agricultural productive units administratively managed. It has seen deteriorating productivity for the past two decades. There cries that it should be privatized. That was seriously taken by the government in an economic liquidation of its assets. However, in this study we discuss analyze other aspects than the previously mentioned aspects of production parameters. We focus of health economics and how gradual negligence led to the prevalence of waterborne diseases. That degenerated farmers' abilities to produce. The present study was carried out in the Gezira scheme to measure the impact of water …
Openness, Inequality And Poverty: Endowments Matter, Julien Gourdon, Nicolas Maystre, Jaime De Melo
Openness, Inequality And Poverty: Endowments Matter, Julien Gourdon, Nicolas Maystre, Jaime De Melo
Julien Gourdon
Using tariffs as a measure of openness, this paper finds consistent evidence that the conditional effects of trade liberalization on inequality are correlated with relative factor endowments. Trade liberalization, measured by changes in tariff revenues, is associated with increases in inequality in countries well-endowed with highly skilled workers and capital or with workers that have very low education levels. Similar, although less robust, results are also obtained when decile data are used instead of the usual Gini coefficients. Taken together, the results are strongly supportive of the factor-proportions theory of trade and suggest that trade liberalization in poor countries where …
The Persistent Problem: Inequality, Difference, And The Challenge Of Development, Aseema Sinha, John Echeverri-Gent, Leslie Elliott Armijo, Marc Blecher, Daniel Brumberg, Valerie Bunce, Kiren A. Chaudhry, John W. Harbeson, Evelyne Huber, Bronwyn Leebaw, Susanne Hoeber Rudolph, Loren Ryter, Susan L. Woodward
The Persistent Problem: Inequality, Difference, And The Challenge Of Development, Aseema Sinha, John Echeverri-Gent, Leslie Elliott Armijo, Marc Blecher, Daniel Brumberg, Valerie Bunce, Kiren A. Chaudhry, John W. Harbeson, Evelyne Huber, Bronwyn Leebaw, Susanne Hoeber Rudolph, Loren Ryter, Susan L. Woodward
CMC Faculty Publications and Research
This report highlights the complex, multidimensional nature of inequality in the era of globalization. It documents that despite the impressive strides by nations like China and India, absolute inequality between the richest and poorest countries is greater than ever before in history. It demonstrates that the rise of China and India creates a new dimension to the persistent problem of inequality.
Why Brazil Has Not Grown: A Comparative Analysis Of Brazilian, Indian, And Chinese Economic Management, Fernando Ferrari, Anthony Petros Spanakos
Why Brazil Has Not Grown: A Comparative Analysis Of Brazilian, Indian, And Chinese Economic Management, Fernando Ferrari, Anthony Petros Spanakos
Department of Political Science and Law Faculty Scholarship and Creative Works
This paper does not aim to dispute that Brazil would benefit from reforms in any or all of these areas. Rather, the paper offers a skeptical perspective on reform menus and proposes an alternative explanation for the faster growth of Brazil’s peers India and China2. The paper begins by introducing (section 1) the idea of the BRICs countries, to establish the basis for comparisons of most similar cases. It then surveys the results of a generation of Washington Consensus era growth (section 2). Although there is a considerable amount of divergence over what causes growth, it seems that something approaching …
Investment Credit Availability - Bank Enterprise Relations In Poland, Joanna Tyrowicz
Investment Credit Availability - Bank Enterprise Relations In Poland, Joanna Tyrowicz
Joanna Tyrowicz
The complaints about insufficient private investment are frequent in Poland. Equally often do we hear the criticism of the monetary policy pointing to excessively high interest rates. This paper estimates the speed of upward adjustment of loan rates relative to downward adjustment, accounting for dierent market segments and products. The empirical results show that for the investment credit upward adjustment is fast, but downward adjustment essentially does not occur. Consumer credit products demonstrate positive values for the speed of both adjustments although still upward changes occur faster than downwards ones. These ndings suggest that banks may tend to discriminate entrepreneurs …
Do R&D Programs Of Different Government Levels Overlap In The European Union?, Andrea Fernandez-Ribas, Isabel Busom
Do R&D Programs Of Different Government Levels Overlap In The European Union?, Andrea Fernandez-Ribas, Isabel Busom
Andrea Fernandez-Ribas
Multiple levels of government currently design and implement research and innovation programs both in the US and in Europe. Empirical analysis of interdependencies among programs has not been fully explored, however. Our contribution is a first step in understanding potential complementarities across R&D programs. Using a sample of Spanish manufacturing firms, we study the determinants of firms’ participation in national and in European level research programs and test for differences across programs. Our results suggest that firms’ participation in European and national R&D programs is largely driven by different factors. We interpret these results as suggesting that, ex-post, there is …
Municipal Waste Generation And Socio Economic Drivers, Massimiliano Mazzanti
Municipal Waste Generation And Socio Economic Drivers, Massimiliano Mazzanti
Massimiliano Mazzanti
No abstract provided.
An Analysis Of The Female Labor Force Participation Rate In The U.S. 1980-2004, Larry Martins
An Analysis Of The Female Labor Force Participation Rate In The U.S. 1980-2004, Larry Martins
Empirical Economic Bulletin, An Undergraduate Journal
This research uses census data from the Bureau of Labor Statistics to examine the female labor force participation from 1980 to 2004. These statistics are used to find the determinants of women’s decisions to enter the job market. The purpose of studying the female involvement in the labor force is to illustrate if females are still having trouble in the market. This article also reviews historical labor force statistics to determine how the labor force has changed and which factors have affected its changes between 1980 and 2004. The model, estimated with U.S. data, has provided empirical support for the …
Factors Affecting Health Care Spending, Jennifer Resende
Factors Affecting Health Care Spending, Jennifer Resende
Empirical Economic Bulletin, An Undergraduate Journal
With an aging population and an increase in health care spending across many nations, there is a need to determine what is affecting this increase and whether this trend can be expected to continue into the future. This paper aims to investigate the possible differences in health care expenditures in different countries. The study incorporates the use and analysis of several independent variables that are believed to affect health care spending in an array of countries including life expectancies, the increase in aging populations, health care spending on private sectors, and the quality of health care as represented by the …
The Importance Of Governance To A Stable And Developed Economy, Peter Litvinenko
The Importance Of Governance To A Stable And Developed Economy, Peter Litvinenko
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the assumption that proficient governance is essential in securing a stable economy. It studies and analyzes many relevant variables that one would find controlled by the government in its economy. My results show that these established nations all have differences in terms of debt and balance of trades but all seem to agree on the importance of maintaining a morally stable and efficient government structure that allows them to compete in the world economy.
U.S. Current Account: Why Is It Increasingly Negative?, Joshua Champagne
U.S. Current Account: Why Is It Increasingly Negative?, Joshua Champagne
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the reasons for the increasingly negative United States current account. The study incorporates information into a multivariate linear regression model to examine the influence of various economic indicators on the U.S. current account. The paper focuses more so on which variables create an increase in the current account and which variables cause deterioration and why the overall value of the current account is continually becoming more negative. The results show that the U.S. Current Account is negative because there is not enough government investment, savings, and private savings, along with a negative fiscal policy, combined with an …
United States Homeownership Rates: The Effect Of Macroeconomic Factors On The Domestic Real Estate Market, Alexander Grande
United States Homeownership Rates: The Effect Of Macroeconomic Factors On The Domestic Real Estate Market, Alexander Grande
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the correlation between U.S. economic indicators and the domestic real estate market. The analysis of the study’s findings and results show that some indicators adversely affect homeownership rates in conjunction to the overall state of the market during the time frame depicted. The regression is from a model used on an international level and it is taken and applied here to the domestic market of one country; the United States. The results from the research and tests performed highlight the economic indicators that are closely correlated to the rate of homeownership.
Determinants Of Gasoline Price: Can Consumer Spending Make A Difference?, Jonathan Stachelek
Determinants Of Gasoline Price: Can Consumer Spending Make A Difference?, Jonathan Stachelek
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the determinants to gasoline prices in the United States. The regression contains five different independent variables: the price of imported oil per barrel, the number of barrels of oil imported to the United States, the number of barrels of oil produced domestically in United States, the commodity price of oil, the number of automobiles purchased monthly in the United States, and the dependent variable, Gasoline Price. By using these variables in a linear regression model, the results show that the price of gasoline is primarily driven by the price of imported crude oil, followed shortly thereafter by …
Causality Between Defense Spending Gdp And Economic Growth, Ryan P. Daley
Causality Between Defense Spending Gdp And Economic Growth, Ryan P. Daley
Empirical Economic Bulletin, An Undergraduate Journal
This paper addresses whether or not the government members of the “Coalition of the Willing” military expenditure as a participant in the war in Iraq will help to generate domestic economic growth on the eve of an impending recession. This paper analyzes the findings during the time period 1989-2006 regarding military expenditure as a percentage of GDP, and its effect on GDP growth, through comparing that relationship between studies and in different political, socioeconomic circumstances. It also performs the same tests on the most recent and complete set of data available for the 31 member nations of the Coalition, to …
Economic And Social Factors That Influence Life Expectancy And Infant Mortality, Kenneth Smith
Economic And Social Factors That Influence Life Expectancy And Infant Mortality, Kenneth Smith
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates life expectancy and infant mortality rates in randomly selected countries from around the world. This study takes into consideration many economic and social factors that could potentially have an effect on life expectancy and infant mortality in different countries. Factors are modeled using a least-squared regression model and are determined as significant based on their probability factor. Results show both positive and negative effects depending on the economic and social factor.
The Impact Of Sectoral Performance On The Stock Market: Does Volatility Equal Explanatory Power?, Jeffrey Haydock
The Impact Of Sectoral Performance On The Stock Market: Does Volatility Equal Explanatory Power?, Jeffrey Haydock
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the real impact of sector performance on the overall stock market and the possibility that the primary culprit of negative or positive performance isn’t necessarily the one that significantly drives overall market performance. The study compares average gain or loss by sector with regression analysis to determine if the largest gainer or loser is also reflected in regression analysis after beta calculation. The results show that there is very limited correlation between the two measures suggesting that major volatility in one sector doesn’t necessarily have the greatest impact on total market movement.
The Interaction Between The Stock Market, Monetary Policy And Inflation In Singapore And Malaysia, Lindsey Kahler
The Interaction Between The Stock Market, Monetary Policy And Inflation In Singapore And Malaysia, Lindsey Kahler
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates and compares the interactions among the stock market, monetary policy, and inflation in both Singapore and Malaysia from 2005 through 2007 using bivariate and multivariate vector autoregressive cointegrating specifications. The Granger-causality test shows that for Malaysia there significant unidirectional relationships of inter-bank loan rates to inflation, and inflation to Kuala Lumpur stock returns. For Singapore there is only one significant marginal unidirectional Granger-causality relationship of inflation to Straits Times stock returns. There are no reciprocal relationships in either country. Based on changes in the stock market, the multivariate results show negative changes on the interbank interest rates …
The Social And Behavioral Factors That Affect Obesity In Oecd Countries, Sanjana Desai
The Social And Behavioral Factors That Affect Obesity In Oecd Countries, Sanjana Desai
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the factors that affect obesity in the population of the member countries of the Organization of Economic Co-operation and Development (OECD). This study incorporates existing information of the most likely variables that would influence obesity in these member countries for a decade (1990-2000). The study looks at contributing factors that are both innate and acquired, such as Alcohol Consumption, Low-birth weight, sugar consumption, smoking (consumption of tobacco), and protein intake and public and private expenditure on education. Using macro-level data from various sources, the results generally suggest that factors like alcohol consumption, low-birth weight and sugar consumption …
Causality Relationship Between Foreign Exchange Rates And Stock Market Close: Evidence From Singapore, Jeffrey Shew, Jr.
Causality Relationship Between Foreign Exchange Rates And Stock Market Close: Evidence From Singapore, Jeffrey Shew, Jr.
Empirical Economic Bulletin, An Undergraduate Journal
This paper attempts to examine whether or not a causal relationship exists between exchange rates and stock market returns. By using the Granger Causality model, causality relationships were determined for four data sets created through the use of significant structural breaks between 1990 and 2006 in Singapore. The results suggest that over the course of 16 years there exists no relationship between exchange rates and stock market returns. However, from 1990 up until the Asian Financial Crisis exchange rates led stock prices as suggested by Granger et al. (2000). The other two time series, between the Asian Financial Crisis and …
Differing Immigrant Wages: Causes For Differences In Immigrants Standards Of Living, Sahana Zutshi
Differing Immigrant Wages: Causes For Differences In Immigrants Standards Of Living, Sahana Zutshi
Empirical Economic Bulletin, An Undergraduate Journal
This paper looks at the relationship between immigration workers and their differing standards of living based on various variables. The variables chosen were gender, place of origin/ethnicity, number of years living in the United States, education level and finally, the age of the immigrants. The model incorporates all these variables and then finds the connection between them and the earning status of the immigrants. The results show that gender and ethnicity often impact the earnings negatively whereas age, number of years living in the US and education level impact immigrant earnings positively.
The Gettysburg Economic Review, Volume 2, Spring 2008
The Gettysburg Economic Review, Volume 2, Spring 2008
Gettysburg Economic Review
No abstract provided.
Industry Structure Similarities, Trade Agreements, And Business Cycle Synchronization, Samuel D. Marll
Industry Structure Similarities, Trade Agreements, And Business Cycle Synchronization, Samuel D. Marll
Gettysburg Economic Review
This paper analyzes the effects of industry structure similarities, free trade agreements, and geographic borders on regional business cycle correlation, using fifty US states, 10 Canadian provinces, and 1 Canadian territory as a case study. Using two cross-sectional OLS regressions and one panel data OLS regression, this study finds that pair-wise gross territorial product growth correlation decreased significantly after NAFTA ratification for state-state, province-province, and state-province territorial pairs, contrary to previous literature’s results. NAFTA effectively decoupled intra-national business cycles in the US and Canada while also desynchronizing cross-border pair-wise GSP growth correlation, but cross-border pair-wise GSP growth correlation was much …
Cultural Advantages In China: Tale Of Six Cities, Florentin Smarandache, Fu Yuhua, Victor Christianto
Cultural Advantages In China: Tale Of Six Cities, Florentin Smarandache, Fu Yuhua, Victor Christianto
Branch Mathematics and Statistics Faculty and Staff Publications
Nowadays, plenty of factories from Europe and other developed countries have been relocated to this country, considering its tremendous economic scale and rapid growth rate during the past three decades. But most of what happens inside the China nowadays is deeply hidden from the outside world (“the foreigners” as China people would call). This fact is partly because most reports on China were written by the so‐called fly‐high experts who are busy completing their reports despite a busy schedule. Very few books or reports were written by people inside, or at least “foreigners” who spent a few years in China. …
Comparative Capitalism And Sustainable Development: Stakeholder Capitalism And Co-Management In The Kenyan Fisheries Sub Sector, Cosmas Milton Obote Ochieng Ochieng
Comparative Capitalism And Sustainable Development: Stakeholder Capitalism And Co-Management In The Kenyan Fisheries Sub Sector, Cosmas Milton Obote Ochieng Ochieng
Cosmas Milton Obote Ochieng Ochieng
This paper argues that stakeholder capitalism is more appropriate to natural resource management and rural development in Africa than other varieties of capitalism. It examines different management arrangements in Kenyan Lake Victoria fisheries resources to argue that whilst stakeholder capitalism is still far from being the mainstream model of capitalism in Kenya, theoretically and empirically, it is more appropriate to sustainable development than the Anglo-Saxon variety of capitalism that the country inherited from its British colonizers. The paper demonstrates that the concepts of ownership and management rights are social, economic and political constructs that are continuously contested, with huge implications …
Democracy Autocracy And Macroeconomic Performance In Pakistan, Nasir Iqbal, Sardar Javaid Iqbal Khan, Muhammad Irfan Chani
Democracy Autocracy And Macroeconomic Performance In Pakistan, Nasir Iqbal, Sardar Javaid Iqbal Khan, Muhammad Irfan Chani
Muhammad Irfan Chani
Pakistan showed a healthy growth rate of 5.6 percent during the entire history and faced many ups and downs in economic growth due to dramatic changes in political regimes. The literature shows mixed results regarding the impact of autocracy or democracy on economic growth. The aggregate growth of the economy under autocracy remained better as compared to democratic period. Financial indicators show consistent path through out the history of Pakistan. Different trade policies are designed in different regime to run the external sector and the impact of each policy was different.