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Full-Text Articles in International Economics

An Analysis Of A High School Dropout In The United States, Matthew Walsh Jan 2014

An Analysis Of A High School Dropout In The United States, Matthew Walsh

Empirical Economic Bulletin, An Undergraduate Journal

The study explores the socioeconomic factors that lead to a student dropping out of high school. Unlike other papers this study focuses on the whole United States and the three primary ethnic groups within the country. Data from the National Center for Education Statistics, is used to investigate the crisis facing the future of the American economy across all fifty states. The results show that socioeconomic differences are predictive in the probability of a high school student dropping out prior to graduation

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Demographics On Crime: A Look At The U.S.A., Nicolas Eceizabarrena Jan 2014

Demographics On Crime: A Look At The U.S.A., Nicolas Eceizabarrena

Empirical Economic Bulletin, An Undergraduate Journal

This study aims to identify how change in social indicators and demographics affect crime, more specifically, the number of aggravated assaults. As policy makers attempt to reduce crime to improve social conditions, changes to social indicator and demographic variables would allow quantifying these changes. This study uses a cross-sectional data set for the fifty states in the United States of America for the 2005 period.

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Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 2014, Central Bank Of Nigeria Jan 2014

Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 2014, Central Bank Of Nigeria

CBN Annual Report

Annual Report and Financial Statements of the Central Bank of Nigeria (CBN) for the year ended 31st December, 2014. In general, 2014 has been a very eventful and challenging year for the Bank, the country, and the world at large. In the course of the year, the Bank underwent significant changes in its governance composition. In 2014, the global economy witnessed considerable vulnerabilities characterized by fragile growth and weak economic outlook. Global growth recovery was modest and continued to be threatened by strong downside risks, as a result of sharp drop in commodity prices, escalating geo-political tensions, and heightening threats …

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A Factor Endowment Explanation For China’S Emergence As An International Trading Power: Calibrating The Dornbusch-Fischer-Samuelson Model For China’S Trade, 1968-2008, Roger White Jan 2014

A Factor Endowment Explanation For China’S Emergence As An International Trading Power: Calibrating The Dornbusch-Fischer-Samuelson Model For China’S Trade, 1968-2008, Roger White

Economics

Much has been made of the rise of China‘s economy and its emergence as a global trading power. Standard trade theory holds that comparative advantage is the basis for mutually beneficial exchange and, as such, it is the basis for international trade. In this chapter, we examine changes in labor supplies, capital stocks, and technology as possible explanations for the rise of China as an international trading power. Calibration of the Dornbusch-Fisher-Samuelson model suggests that China has gained comparative advantage relative to the US and to the cohort of high income countries considered in this study. Even though US production …

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Socioeconomic Determinants Of Violent Crime Rates In The U.S., Jacob Gesin Jan 2014

Socioeconomic Determinants Of Violent Crime Rates In The U.S., Jacob Gesin

Empirical Economic Bulletin, An Undergraduate Journal

This paper looks into socioeconomic factors affecting three racial groups within the United States, and the possibility of their effects on rates of violent crime. This study incorporates US census data in conjunction with FBI crime statistics in order to identify a correlation between select sociological variables experienced by different racial groups, and the rates of violent crime committed within those groups. Based on metropolitan areas by state for the year of 2012, the results of this study show that socioeconomic and family factors have a significant effect on violent crime rates regardless of race. Furthermore, violent crime rate gaps …

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Remittances And Economic Growth In Mexico: Long Term Implications, Sean Lambert Jan 2014

Remittances And Economic Growth In Mexico: Long Term Implications, Sean Lambert

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines the impact of remittances on economic growth by looking at time series data from 1960 to 2012 from the country of Mexico. Using the OLS method, these data will be analyzed to see what the long term impact of remittances have been on the growth rate of Mexico. Drawing from the heavily established literature in the field of growth economics, this paper attempts to show the relevance of such theory in the case of the well documented phenomenon of remittances. Mexico is the world’s fourth largest net recipient of remittance inflows and the third largest trading partner …

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The Effects Of The First Round Of Quantitative Easing On Stock Prices In The United States, William Manak Jan 2014

The Effects Of The First Round Of Quantitative Easing On Stock Prices In The United States, William Manak

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines the effects that the first round of the large-scale assert purchases known as Quantitative Easing (QE1) had on US stock prices. The paper focuses on the time period starting from the announcement of QE1 to before the second round of Quantitative Easing had been announced. This paper hopes to find a significant effect of stock prices in China as well as the exchange rate between the two countries, as the US and China are major trade partners. The effects of Chinese stocks and the exchange rate will be compared to the lower interest rates that had resulted …

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The Effect Of Extending Unemployment Insurance Benefits On Northeast State Unemployment Rates, Guillaume Sabourin Jan 2014

The Effect Of Extending Unemployment Insurance Benefits On Northeast State Unemployment Rates, Guillaume Sabourin

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the effect of changes in the length of unemployment benefits on the unemployment rates of 10 northeast US states. This study includes the most likely variables that would influence the unemployment rate during the time span preceding and following the recent recession. The study observes various contributing factors to unemployment including median income, state GDP, demographics, education, and the construction, manufacturing, and financial services rate for each state. Using state-level data from government sources and a fixed effects empirical model, results suggest that unemployment benefit extensions result in a small but statistically significant increase in the unemployment …

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Socioeconomic Determinants Of Obesity In The United States, Jonathan Skaza Jan 2014

Socioeconomic Determinants Of Obesity In The United States, Jonathan Skaza

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the socioeconomic determinants of obesity (as measured by BMI) in the United States. Logistic regression is employed on cross-sectional data from the 2011-2012 National Health and Nutrition Examination Survey (NHANES). The results show that, in general, holding other factors constant, individuals with a college diploma are less likely to be obese than those with a lesser education (except in extreme cases), married individuals are more likely to be obese than those that are not married, and females are more likely to be obese than males. Additionally, compared to white persons, Black and Hispanic persons have a greater …

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Determinants Of Foreign Direct Investment In Brazil, Matthew J. Duguay Jan 2014

Determinants Of Foreign Direct Investment In Brazil, Matthew J. Duguay

Empirical Economic Bulletin, An Undergraduate Journal

This paper is a time series analysis of the determinants of foreign direct investment inflows regarding the country of Brazil over the past 34 years. Brazil has seen rapid change throughout their country over the past few decades, and it now is one of the most popular hosts for foreign investors. GDP growth, trade openness, taxes, political instability, energy imports, and inflation are all as possible significant determinants of FDI inflows in Brazil that this model analyzes. The results show that inflation, trade openness, and political instability are the most significant variables when it comes to understanding FDI inflows.

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The Effect Of Income Inequality On Happiness Levels, Spencer Carlin Jan 2014

The Effect Of Income Inequality On Happiness Levels, Spencer Carlin

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates and presents the impact of income inequality upon general levels of happiness. The study will examine the influence of the income gap upon life satisfaction. Incorporating information from OECD databanks and the World Bank into a standard model in happiness studies, we will examine the effect on nations measured Happy Life Years (HLY). After careful examination this study provides a conclusion that reinforces past studies. Income inequality has a consistent significant and negative impact on subjective well-being and happiness levels. The study contributes to the inequality happiness literature, by examining the effects of inequality on happiness amongst …

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Learning By Exporting In India, Stephanie Lizardi Jan 2014

Learning By Exporting In India, Stephanie Lizardi

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines learning by exporting, in which a firm experiences growth in productivity after entering export markets. The results of existing studies show conflicting evidence regarding whether productivity gains result from learning by exporting or whether productivity gains lead to exporting. This paper discusses the relationship between entering exporting markets and subsequent product innovation. Using data from nearly 6,000 firms in India, the results suggest that learning by exporting occurs when firms enter export markets, but only during the first year.

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Determinants Of Health In South American Countries, Andres Pernia Jan 2014

Determinants Of Health In South American Countries, Andres Pernia

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates, analyzes, and expands the relationship between under-five mortality and socioeconomic and health system factors. The study utilizes fixed effect panel data to estimate the determinants of under-five mortality in 12 counties across South America. As expected, the results show that GDP per capita is statistically significant and is robust in all of the estimated models. In addition, improved sanitation, gender equality, access to improved sanitation facilities, provision of primary education, and governance are also statistically significant and have positive effect on child mortality.

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Infant Mortality And Macroeconomic Changes In Latam, Daniel Mujica Jan 2014

Infant Mortality And Macroeconomic Changes In Latam, Daniel Mujica

Empirical Economic Bulletin, An Undergraduate Journal

This paper would analyze the effects that economic indicators have over mortality rates in Latin America. Hence, the purpose would be to represent the drives of changes in mortality. This will be achieved by undergoing a thorough analysis of correlated variables that will create a significant outcome over this important problem that emerging countries in Latin America need to solve in order to achieve long term economic and social prosperity.

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Institutions And Economic Growth In Bric Nations, Doug Flink Jan 2014

Institutions And Economic Growth In Bric Nations, Doug Flink

Empirical Economic Bulletin, An Undergraduate Journal

This paper looks at the impact of institutions on economic growth in the six largest countries in BRIC countries, Brazil, Russia, India, and China. The study will us OLS to examine the time period between the years 2002 and 2011. More specifically, it will measure the effect of institutions through a variety of measures including democracy and regulatory related variables. Through ordinary least squares regression analysis, the variables for democracy and regulation will be significant and have a positive effect on economic growth. This study will show that quality of institution does in fact support economic growth.

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The Effect Of Immigration Status On Income In Southern States Of The United States, Camila Espinal Jan 2014

The Effect Of Immigration Status On Income In Southern States Of The United States, Camila Espinal

Empirical Economic Bulletin, An Undergraduate Journal

According to the U.S census Bureau, in 2013 nearly a third of the U.S population are immigrants and 7.7/189 million are illegal. I will develop an econometric model to show the effect of immigration status Income. The ultimate goal of the paper will be to demonstrate the significance of immigration status on an Individual’s income. This paper will analyze if a person’s immigration status has a significant effect on the individual’s average wage and salary by focusing on three major high immigration density states: California, Florida, and Texas. The paper will focus on Hispanic immigrants to ultimately determine if immigration …

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Determinants Of Healthcare Expenditure In The Organization For Economic Cooperation (Oecd) Countries, Harry Waterton Jan 2014

Determinants Of Healthcare Expenditure In The Organization For Economic Cooperation (Oecd) Countries, Harry Waterton

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the factors that determine the expenditure in healthcare within the Organization for Economic Co-Operation and Development (OECD) countries. The study will contain and be based around a regression model, using healthcare expenditure per capita as the dependent variable, for 10 of the 34 OECD countries. The data that will be analyzed ranges from 2000 to 2010 using the panel data analysis format, and will be extracted from the World Bank and OECD statistics websites.

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The Relationship Between Crime And Unemployment In China, Kuan Lu Jan 2014

The Relationship Between Crime And Unemployment In China, Kuan Lu

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the relationship between crime and unemployment in China. The study incorporates the information, including data of the current crime rate, unemployment rate, income level, GDP growth, Gini index and urbanization rate, into a linear regression model to examine the influence of the unemployment rate on crime in China. The crime in China is measured by crime rate, which includes six specific types of crimes: homicide, assault, rape, robbery, theft and burglary. The results show that there is a positive relationship between crime and unemployment in China. When there is an increase in the unemployment rate, crime rate …

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The Impact Of Fdi And Trade Openness On The Economic Growth Of The Transition Economies, Regina Castro Jan 2014

The Impact Of Fdi And Trade Openness On The Economic Growth Of The Transition Economies, Regina Castro

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines effects of FDI inflows and trade openness on economic growth of three former Soviet Union economies: Kazakhstan, Armenia and Ukraine. The study uses a regression model that incorporates data sets for the period from 1992 to 2011 obtained from the World Bank. The regression result indicates that FDI inflows are positively correlated to the economic growth of the transition economies. However, impact of FDI would vary for each specific country depending on the degree of capacity of the host country to use FDI efficiently. Trade openness has also a positive effect on the real GDP per capita …

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The Predictive Power Of Commodity Futures Prices On South American Equity Markets, Aadithyan Manivannan Jan 2014

The Predictive Power Of Commodity Futures Prices On South American Equity Markets, Aadithyan Manivannan

Empirical Economic Bulletin, An Undergraduate Journal

The purpose of this paper is to examine the relationship between the futures United States futures market the returns on the South American stock market. In particular the paper focuses on three key commodities—industrial sugar, copper, and coffee. The study looks into methods to isolate the effect of the United States commodity market from the returns of the equity exchanges in both the United States and South America. Once isolated, the relationship between the selected commodities and South American stock market returns can be estimated through quantitative analysis.

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History, External Influence And Political Volatility In The Central African Republic (Car), Henry Kam Kah Jan 2014

History, External Influence And Political Volatility In The Central African Republic (Car), Henry Kam Kah

Journal for the Advancement of Developing Economies

This paper examines the complex involvement of neighbours and other states in the leadership or political crisis in the CAR through a content analysis. It further discusses the repercussions of this on the unity and leadership of the country. The CAR has, for a long time, been embroiled in a crisis that has impeded the unity of the country. It is a failed state in Africa to say the least, and the involvement of neighbouring and other states in the crisis in one way or the other has compounded the multifarious problems of this country. Some of these states have …

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Masthead And Table Of Contents Jan 2014

Masthead And Table Of Contents

Journal for the Advancement of Developing Economies

The Journal for the Advancement of Developing Economies (JADE) is sponsored by the Institute for the Advancement of Developing Economies (IADE). JADE is an academic journal that publishes research articles and case studies on innovation, entrepreneurship, and other social areas that will aid in the advancement of developing economies.

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Assessment Of Land Use Dynamics And The Status Of Biodiversity Exploitation And Preservation In Nigeria, Abiodun Elijah Obayelu Jan 2014

Assessment Of Land Use Dynamics And The Status Of Biodiversity Exploitation And Preservation In Nigeria, Abiodun Elijah Obayelu

Journal for the Advancement of Developing Economies

Land is the most important natural resource that affects every aspect of human life, while biodiversity constitutes the most important working component of a natural ecosystem. Land use and biodiversity are agricultural and ecological challenges presently facing Nigeria in her efforts at addressing the issue of agro-ecosystem transformation and sustainable land productivity. This study employed secondary sources of information to assess land reform act in Nigeria, the methodological framework to analyze the linkages between land use change and biodiversity, effects of land use on biodiversity, status of biodiversity and suggests ways to solving land use problems and biodiversity loss. Findings …

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Ubiquitous Consumer-Centric System To Combating Product Counterfeiting And Boosting Entrepreneurship In Developing Economies, Kingsley C. Nwosu Jan 2014

Ubiquitous Consumer-Centric System To Combating Product Counterfeiting And Boosting Entrepreneurship In Developing Economies, Kingsley C. Nwosu

Journal for the Advancement of Developing Economies

Counterfeiting has been a menacing problem to global economies; however, it has been more devastating to developing and under-developed countries as a result of its impacts on various aspects of the economic development and health conditions of those countries. The consequences are abundantly documented, evidential and troubling. In addition to the fact that counterfeiting results in distribution of fake, cheap, and substandard products, it has very dissuasive effects on the entrepreneurial fabrics of a society. As various governments and agencies attempt to combat the menace and mitigate the consequences, the perpetuators are becoming even more sophisticated and resolute – encouraged …

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Determinants Of Non-Oil Export And Economic Growth In Nigeria: An Application Of The Bound Test Approach, Samson Adeniyi Aladejare, Abdulwahab Saidi Jan 2014

Determinants Of Non-Oil Export And Economic Growth In Nigeria: An Application Of The Bound Test Approach, Samson Adeniyi Aladejare, Abdulwahab Saidi

Journal for the Advancement of Developing Economies

The effects of the recent global economic crises on Nigeria’s economy have reaffirmed the urgent need for economic diversification in the country. Although no country is immune to such global crises, the over reliance on oil export revenue by Nigeria expose her economy excessively to external shocks. Therefore, this research examines the impact of aggregate non-oil sector and its determinant on economic growth. The bound test approach was explored to examine the long and short run effects of the non-oil export and its ensuing determinants. The result reveals a significant effect of non-oil export on economic growth in both the …

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European Union And African Union: A Study Of Regionalism For Global Integration And Development, Soji Oyeranmi Jan 2014

European Union And African Union: A Study Of Regionalism For Global Integration And Development, Soji Oyeranmi

Journal for the Advancement of Developing Economies

Scholars of international political economy have made remarkable inroad into the study of comparative integration endeavors across the globe. For examples, over the last few years, comparative studies of the North Atlantic Free Trade Area (NAFTA) and the European Union (EU) had been undertaken to reveal the factors that facilitated the success of each organization in their integration efforts at the regional level. Also a comparative study of the Asia Pacific Economic Cooperation (APEC) and the European Union has also been undertaken. However, very little effort has been made to reveal the impact or power of regionalism on African development. …

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Food Imports Under Foreign Exchange Constraints In The Cfa’S Franc Zone Of Sub-Saharan Africa (Ssa), Seydina Ousmane Sene Jan 2014

Food Imports Under Foreign Exchange Constraints In The Cfa’S Franc Zone Of Sub-Saharan Africa (Ssa), Seydina Ousmane Sene

Theses and Dissertations--Agricultural Economics

To respond to the high imported food prices in their domestic markets, net food importing countries in the Communauté Financière Africaine (CFA) zone[1] are adjusting their import tariffs and homologate domestic prices of imported commodities such as rice, wheat, maize, and sugar. This research uses a multivariate specification of error correction model (VECM) of estimation to investigate the link between food imports, world price index of rice, wheat, maize and sugar, real effective exchange rates, domestic food production, GDP, and trade openness in the short and long run. The data are on each homogenous commodity from 1969 to 2012. …

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Does U.S. Macroeconomic News Make Emerging Financial Markets Riskier?, Esin Cakan, Nadia Doytch, Kamal P. Upadhyaya Jan 2014

Does U.S. Macroeconomic News Make Emerging Financial Markets Riskier?, Esin Cakan, Nadia Doytch, Kamal P. Upadhyaya

Publications and Research

This study analyzes the impacts of US macroeconomic announcement surprises on the volatility of twelve emerging stock markets by employing asymmetric GJR-GARCH model. The model includes both positive and negative surprises about inflation and unemployment rate announcements in the U.S. We find that volatility shocks are persistent and asymmetric. Asymmetric volatility increases with bad news on US inflation in five out of the twelve countries studied and it increases with a bad news on U.S. unemployment in four out of twelve countries. Asymmetric volatility decreases with good news about US employment situation in eight countries out of twelve countries. Such …

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Diplomacy & Negotiation, Liefke M. Cox Jan 2014

Diplomacy & Negotiation, Liefke M. Cox

Master of Liberal Studies Theses

Over the course of history when women have been involved in the diplomatic, political, social, and economic structure of a country it has been found they are one of the key ingredients to building an effective and stable democracy. Investing in women strengthens the back bone of any society. Top CEO’s, such as Tupperware’s Rick Goings and Warren Buffett, have also publically supported this assumption. I argue that women in different societies have traits that have been instilled in them culturally which in turn translate directly to their ability to handle diplomatic situations and business negotiations. Societies, however intentionally or …

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The Primacy Of Context: An Exploration Into The Causes Of Food Insecurity In Kitere, Kenya., William O. Aludo Nov 2013

The Primacy Of Context: An Exploration Into The Causes Of Food Insecurity In Kitere, Kenya., William O. Aludo

Capstone Collection

The purpose of this study was to explore the specific reasons why households in Kitere village, Kenya experience persistent food insecurity every year while the region enjoys the advantage of two planting/harvest seasons in a year. Kitere village lies within the lakeside region of Nyanza Province in Kenya, generally considered to be one of the more agriculturally productive parts of the country. The Participatory Rural Appraisal method was employed to gather qualitative data on the causes of food insecurity in Kitere village. The data sources were focus groups and a self-administered, one-time survey of random and non-random samples of key …

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