International Economics Commons^™

National Expenditure On R&D And International Comparison Of Productivity, Aegus Kim

Pennsylvania Economic Review

A higher national expenditure on research and development (R&D) may lead to a higher level of productivity in the national economy because innovations can improve overall efficiency in production by increasing output per worker. Unlike other empirical studies which suggest the positive impact of R&D expenditure on productivity but are often the result from the firm level or the industry level, this paper investigates a positive correlation between R&D spending and productivity using the 2019 national data for the top 25 countries ranked by R&D expenditure. The paper focuses on the relationship between international values of total factor productivity (TFP) …

Exploring Private And Governmental Interest In Bitcoin, Mina Khadem

Undergraduate Theses, Capstones, and Recitals

Regardless of one’s opinion, Bitcoin’s presence in the global economy is growing. However, Bitcoin’s emerging role and its implications are greatly under-researched, particularly in the context of government interest in Bitcoin. Nonetheless, increased private investment in Bitcoin and increased government interest in formally incorporating Bitcoin into existing economic systems, suggest a new development within the global economy that must be investigated. Through qualitative text analysis of pro-Bitcoin narratives presented in digital media platforms and official government policies and public statements, this thesis explores how private and government interest in Bitcoin is explained and framed within these contexts. This study finds …

Investigating The Relationship Between Noun Classes And Plant Folk Taxonomy In Chasu Language Of Kilimanjaro Region In Tanzania, Peter Rabson Mziray

Journal of Humanities and Social Sciences

The current study investigates the relationship between noun classes and plant folk taxonomy in Chasu (G 22). The study focuses on two objectives: the first objective is to describe the plant folk taxonomy in Chasu and the second objective is to determine the relationship between noun classes and plant folk taxonomy in Chasu. Data were collected from rural villages in Same and Mwanga districts by using free listing, field interviews (jungle-walk-and-identify), and written texts containing Chasu plant names. The findings reveal that Chasu folk taxonomy reflects different ethnobotanical categories; including a unique beginner which is mmea/mimea ‘plant(s)’, and three life …

The Impact Of Green Finance, Trade Openness, And Fossil Fuel Subsidies On Renewable Energy Consumption: A Global And Asia-Pacific Perspective, Alya Ryanti Fitjriyah, Inayati Nuraini Dwiputri

Journal of Environmental Science and Sustainable Development

Fossil fuels are the major source of global emissions, with the Asia-Pacific region being the climate biggest polluter. Despite the global efforts to shift to cleaner energy, fossil fuels still dominate the energy mix. Therefore, renewable energy adoption needs to be encouraged more to improve economic sustainability. The Glasgow Climate Pact emphasises the importance of helping developing countries in addressing the climate change issue through financial support, capacity building, and technology transfer. Hence, this study examines the influence of green finance, open trade, and fossil fuel subsidies on renewable energy adoption in 38 countries from 2017 to 2023. By using …

Food Security In Mauritius, Luke Hubbard

Economics Undergraduate Honors Theses

Located over 600 miles off the East coast of Madagascar, Mauritius is an island nation with a population of over 1.2 million people. In the summer of 2023, I had the opportunity to travel to Mauritius and conduct a representative food insecurity survey alongside other University of Arkansas and University of Mauritius students and professors. With more than 400 surveys in over 80 locations, we gathered data in every district on the primary island of Mauritius. The group used a survey based on the standard USDA question list and compiled the results to find that the population of Mauritius had …

Beyond The Stats: Empirical Analysis Of The Impact Of Performance Metrics And Nationality On Major League Soccer Player Salaries: A Panel Data Analysis, Daniel Pereira

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the possibility of how player in-game individual performance and nationality shape the salary system in Major League Soccer (MLS). The objective is to evaluate the direct relationship between key performance indicators (KPIs) such as field position, goals, assists, appearances, and defensive contributions, and how these factors are different between domestic and international players.

Ai Adoption And Wage Growth In U.S. Industries: A Sectoral Analysis, Demitrius Andrellos

Empirical Economic Bulletin, An Undergraduate Journal

Artificial Intelligence (AI) is transforming nearly every sector and has significant implications for workers and their wages. This paper examines the impact of the utilization of AI on wage growth across various industries in the United States. Through analysis of trends, examination of current research, and regression analysis using real industry data, the research demonstrates the disparate impacts of AI. Research suggests that AI raises wages in tech- and finance-centric sectors where it complements humans but keeps wages down in labor-intensive sectors where it replaces them. Understanding this disparity is important to build equitable workforce policies for the AI age.

Empirical Analysis Of The Impact Of Macroeconomic Determinants On Equity Reit Performance, Chris Morello

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates how equity Real Estate Investment Trusts (REITs) respond to key macroeconomic factors: stock market performance, interest rate changes, and inflation. Using annual data from 1972 to 2024, multiple linear regressions are conducted to assess which variables significantly explain REIT returns. The results reveal a strong and consistent relationship between equity REIT performance and S&P 500 returns, while interest rates and lagged inflation measures show no statistically significant impact. These findings suggest that REITs behave more like equities than fixed-income assets, particularly in the long term. While the models have limited explanatory power, the analysis supports the idea …

Determinants Of Wealth Inequality In Central America: A Panel Data Analysis Of Socioeconomic And Institutional Factors, Jose Manuel Fernandez Pou

Empirical Economic Bulletin, An Undergraduate Journal

This study applies a non-linear panel threshold regression model to examines the factors of economic development in Central America, with an emphasis on institutional and socioeconomic factors. Using data acquired between 2000 and 2023 the research evaluates how different variables like trade openness, FDI, financial development, education spending, inflation and population growth impacts the growth of GDP at different levels of institutional quality. The results demonstrate that institutional quality levels create a distinct threshold effect when trade openness and FDI fail to promote growth in weak institutional settings while inflation volatility strongly hinders growth. FDI and financial development show positive …

Beyond The Road Trip: Investigating The Impact Of Travel Fatigue On Nba Team Performance, Anthony Pugliese

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the impact of travel fatigue on NBA player performance. In this paper we will look at key variables such as back-to-back games and long-distance travel. By using specific team by team data on factors like game results, travel distance, and rest days. This study examined how specific factors like time zone shifts and travel length influences winning percentage and player efficiency. This paper will also show a regression analysis and visual data to back up results using real life data. The results showed that team performance decreased significantly when teams were at a higher rate of travel …

The Contemporaneous Impact Of Unemployment And Income Inequality On Violent Vs Property Crime Rates In New England: A Panel Data And Machine Learning Approach, Cora Sousa

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the possible impact of unemployment and income inequality on property and or violent crimes in the New England region in the United States from 2003 to 2022. Using a panel data analysis looking at unemployment rates and factors of income inequality in New England states, Connecticut, Maine, Massachusetts, Rhode Island, New Hampshire, and Vermont, along with demographic factors like race and gender aim to find a relationship between unemployment and income inequality with crime rates. Economic distress, usually caused by unemployment, can cause an individual to commit crimes due to hard times. Using machine learning decision trees …

The Price Of Victory: A Machine Learning Analysis Of How Salary Dispersion Influences Team Success In Major League Baseball, Joseph Belsanti

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines the effect of salary dispersion on team success in Major League Baseball (MLB). Using data from 29 MLB teams over eight seasons (2012-2019), this study uses multiple models, such as Ordinary Least Squares (OLS), panel data regressions, and Random Forest machine learning, to investigate the degree – if any – that inequalities in a team's payroll impacts success, measured by winning percentage. The study's results show that, contrary to prevailing theories, salary dispersion – measured by a Gini coefficient – is not a significant predictor of a team's winning percentage (team success). Instead, team performance metrics, such …

The Impact Of Tariffs And Institutional Quality On Economic Growth In Latin America: A Panel Data Analysis, Blaisedel Frampton

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the relationship between tariffs and economic growth in Latin American countries and how institutional quality may impact this relationship. The study will use data from the World Development Indicators Data Bank. The data used comes from 18 high- or middle-income countries within South America and the Caribbean from the years 2003 to 2023. Results from this study were found using a fixed-effects regression model. The results from this study show that overall, there is a negative correlation between tariffs and economic growth in South America. There is also a positive correlation between institutional quality and economic growth …

Passive Vs. Active Etfs: A Comparative Data Analysis Of Market Performance And Investor Behavior, Herrick Louis

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the long-term performance of passive vs active ETFs. Using a comparative analysis of historical returns from 2015 to 2024, Regression modeling, and time Series Analysis, I assessed whether passive investing offers a strategic advantage overactive management. Drawing on data from VOO Passive, SWANX active, Bitcoin, and MAG 7 technology ETFs, and the Financial Sector.

Socioeconomic Factors Affecting Gendered Happiness: A Cross-Sectional Study Of Oecd Countries, Anusha Khan

Empirical Economic Bulletin, An Undergraduate Journal

This paper explores how socioeconomic factors influence life satisfaction across OECD countries and how these effects vary by gender. Using a cross-sectional dataset, the study runs three separate regressions, total, men’s, and women’s happiness to test whether factors like health, education, safety, and support networks impact life satisfaction differently for men and women. A Random Forest model is also used to validate the robustness of selected predictors. Findings show that health and support matter universally, but men’s well-being is more closely tied to educational attainment, while women’s happiness is more sensitive to feelings of safety.

Decarbonization Under Carbon Policy And Pricing Shifts: A Machine Learning-Driven Synthetic Control And Panel Data Analysis, Chanboremey Teng

Empirical Economic Bulletin, An Undergraduate Journal

This study evaluates the effectiveness of carbon pricing instruments – Carbon taxes and Emissions Trading Systems (ETS) – in reducing CO2 emissions per capita across 152 countries from 1990 to 2023 using dynamic panel regressions with fixed effects. The analysis estimates both short-run and long-run effects while controlling economic structure, energy mix, and environmental policy stringency (EPS). The results show that ETS policies yield the strongest long-term reduction in emissions at approximately 7.35%, followed by carbon taxes at 5.6%, and EPS regulatory measures at 6.35%. However, when all three instruments are modeled together, the marginal effects of pricing mechanisms weaken, …

Striking A Balance: Market Shock & Responses In Automotive Components Manufacturing, Emma Lane Mcgahey

All Theses

This thesis examines the effects of extreme market shocks on supply chain dynamics within the automotive industry. Through an analysis of demand data from an automotive manufacturer to its component suppliers (January 2018 to May 2024), the study investigates the relationship between market shocks and supply chain responses, providing insights into how auto components inventory management handles downstream responses to market shocks. With supporting public data—from FRED, BLS, and the U.S. Census Bureau resources—we explore two primary relationships: the impact of market shocks on the Average Standard Deviation of Demand (SDO) and the effect of demand variability on expedited pricing …

Driving Green Investments To Address Climate Change, Baptiste Gibrat

Dartmouth College Master’s Theses

The climate crisis is no longer news, and society needs to accelerate the transition to net zero emissions. Otherwise, the consequences of climate change will become increasingly catastrophic.

This thesis develops a framework to drive green investments, which reduce society’s dependance on fossil fuels. Initially, the research provides a comprehensive examination of these investments, followed by an exploration of three strategies to enhance their adoption: leveraging financial instruments and capital markets, implementing regulatory frameworks, and harnessing the power of technologies. To integrate these elements within a comprehensive framework, the study employs market research, reviews relevant literature, and includes interviews with …

Capital Flows And Corruption On Southeast And East Asia’S Economic Growth: A Panel Data Analysis, Tithvitou Teng

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the role of capital flows both from internal and external sources on economic growth, as well as the main social obstacle factor to growth, corruption. The paper attains this by conducting panel data analysis for Southeast and East Asian countries from 2005-2022. Sources of capital flows are divided into external sources, i.e. foreign direct investment (FDI) and personal remittance, and internal sources, i.e. domestic bank credit and stock market capitalization. The results show that corruption hinders economic growth and only some sources of capital have a positive impact on the economy while the effect of other sources …

Hosting Mega Events Impact On Gdp Growth: A Panel Data Analysis, Silas Pearce

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the impact of hosting “mega events” such as the Olympics on a country’s GDP growth. The study incorporates information on the country’s factors of economic development. Spillovers will be modeled through the state of the global economy by using controls such as countries that did not host mega events. The results show that countries that host the Olympics do not see any extra GDP growth than those that did not host an event.

A Panel Data Analysis Of The Effect Of Corruption And Macroeconomic Factors On Inequality And Poverty In Latin America, Annie Mcdonald

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates how a country’s income inequality and poverty are affected by corruption, and other economic indicators. The study’s purpose is to find which countries harbor corruption that causes more inequality and poverty and if high or low levels of macroeconomic factors, like unemployment for example, cause an increase in inequality/poverty as well. The panel data will include 11 countries located in Latin America and it will cover a ten-year period (2012-2021). After running six regressions, the results showed there were some differences from other papers. It was found that certain countries exhibit unique challenges that contribute to their …

Economic Peaks, An Analysis Of Financial & Real Estate Speculations In The Top 5 U.S Cities, Nicholas M. Basley

Empirical Economic Bulletin, An Undergraduate Journal

Economic Peaks conducts a comprehensive analysis of financial and real estate speculations in the United States, more specifically the top five cities per population in the United States. This study spans the period from 2000 to 2023, utilizing time series data to reveal economic trends and identify potential structural breaks during recession periods. By employing advanced statistical methods, the research aims to discern distinctive patterns in the housing and financial markets of each of the major cities, unveiling the presence of unsustainable price appreciation and the factors contributing to its emergence. This study seeks to offer valuable insights into the …

An Empirical Analysis Of The Status Of Income Inequality New England In 2022, Aidan Wilkinson

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the status of income inequality within the New England states in 2022. The empirical analysis conducted within this paper uses a similar model within Fadi Fawaz et al. for high income countries to analyze and predict the Gini coefficient within the six New England States. More specifically, the model that is tested analyzes monthly unemployment rate, the labor force participation rate, welfare spending, and the top 1% wealth distribution. The results show that Rhode Island and Maine Gini indexes could only be described by the top 1% wealth distribution and welfare spending, respectively. We also find that …

Hdi And Standard Of Living: A Panel Data Analysis Of Latin America, Matthew Susich

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the correlation between the Human Development Index and other significant measures of standard of living. The study incorporates data for upper- and middle-income countries in Latin America (Mexico, Costa Rica, Columbia, Peru, Uruguay, Brazil, Paraguay, Guatemala, Jamaica, Belize, and Bolivia) surrounding standard of living, including GDP per capita, public spending on education, public spending on health, GNI per capita, unemployment, infant mortality, and inflation. The conclusions from this study are drawn from regression analysis and tests of correlation between the Human Development Index and alternative measures of standard of living. The results show that unemployment and infant …

Hitting The Books: An Empirical Analysis Of The Effect Of Education Expenditure On Gdp Per Capita And Economic Growth, Matt Simmons

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the link between education spending in Mexico and Central American countries and illegal immigration to the United States. Despite challenges like poverty and governance issues, these nations experience significant migration to the U.S., underscoring the need for deeper insights. Analyzing economic motivations and migration costs, the study emphasizes education expenditure's role in economic growth. Through empirical analysis, it highlights the importance of addressing root causes and offers policy recommendations. Overall, this research contributes to understanding the intricate relationship between education, immigration, and economic development.

How Unsdgs Are Reflected In Folklore, Jacob Mann

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the relationship between the United Nation’s Sustainable Development Goals in a country and the prevalence of those goals in that country’s folklore. The study incorporates folklore collected into an aspect-based sentiment analyzer to examine the prevalence of, and attitude towards various aspects of the text. A combination of ConceptNet and the widely available Natural Language Toolkit is implemented to retrieve polarity scores related to key aspects of the texts. The results indicate that there are correlations between the attitude towards a theme in folklore, and the attitudes towards that theme in a country. JEL

Shifting The Ice: Analyzing The Impact Of The 2013 Nhl Cba To The Competitive Balance Of The League, Ryan Lacy

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates whether the 2013 National Hockey League (NHL) Collective Bargaining Agreement (CBA), which hardened the existing salary cap, increased team revenue sharing, and instituted additional restrictions on player contracts, results in a more competitively balanced league. The study incorporates an OLS regression and Quantile regression to examine the impact of the 2013 CBA on the competitive balance of the league. The results show that the changes allow for a dispersion of talent, specifically offensive talent, and demonstrated a positive relationship between spending and points obtained by teams in the top 25% of the league. Conversely, teams that did …

The Causes All Time High Chronic Homelessness: A Panel Analysis, Robert Knight

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates what economic indicators affect the rate of homelessness in the United States. By combining both the personal issues of the homeless people themselves along with economic structural issues in U.S. this study finds what the largest determinants of chronic homelessness. The study includes variables such as median house prices from the Case Shiller Index, the poverty rate, unemployment rate, health care expenditures per capita and demographics to find what causes a higher homeless rate. The data used to determine the conclusions will be pulled from twenty different major U.S. metropolitan cities to showcase how different economic variables …

Time Series Analysis Of The Impact Of Climate Change On The Rocky Mountain Ski Industry, Charlotte Christo

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the correlation between climate change and the ski industry. This study will incorporate the annual snowfall and mean temperature and annual visitations to American ski resorts. The model studied will investigate if the rising temperatures affect snow fall totals in popular ski areas as well the visitor amounts per season. This model will be used to run a multiple regression that will account for various controls including the distribution of snow fall throughout the season.

Does Money Really Buy Success? Empirical Analysis Of Money Spent Effect On English Premier League Team’S Performances/Success: A Panel Data Analysis, Barnaby Brandon

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the empirical relationship between the wages of English Premier League teams and their success. This study incorporates information from the league regarding each team’s spending and the performance of each of these teams every year. Each team has a specific spending structure based on the magnitude of the club and ability of the players. The research will look at all teams that have stayed in the premier league for the past 10 years as some teams come in and out of the Premier League with the relegation and promotion system. The results will show whether having higher …