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Full-Text Articles in International Economics

The Effect Of The China Shock On The 2016 And 2020 Us Presidential Elections, Yike Zhou May 2023

The Effect Of The China Shock On The 2016 And 2020 Us Presidential Elections, Yike Zhou

Economics Honors Projects

Trade liberalization in 2000 opened up the door for increased trade between China and the US, favoring Chinese manufacturers. This period is often referred to as the "China shock" (Autor, 2013). This paper utilizes data collected from the MIT election lab, FRED, and David Dorn's published data to investigate the effect of the China import shock in the early 2000s on the most recent two US presidential elections. Our analysis, which employs commuting zone-level data, reveals that regions more adversely affected by the China shock were more likely to vote for the Republican Party, while regions that suffered less harm …


Benefits Of Eu Membership For The Transition Countries: The Case Of Latvia, Marko Martinovic Apr 2015

Benefits Of Eu Membership For The Transition Countries: The Case Of Latvia, Marko Martinovic

Economics Honors Projects

This paper estimates the benefits of EU membership for Latvia, a former communist country and a member of the former USSR. It is widely believed that the EU membership significantly contributes to raising living standards and growth of the economies of new members. Using counterfactual analysis with the official date of accession of 2003 I find that Latvia demonstrates stronger economic growth from the EU membership, but only up to 2009. After the 2009 financial crisis Latvia’s economic growth is severally compromised as a consequence of joining the EU. When 1999 is treated as the treatment year, the year when …


The Country-Specific Nature Of Apparel Elasticities And Impacts Of The Multi-Fibre Arrangement, Lauren A. Martinez May 2012

The Country-Specific Nature Of Apparel Elasticities And Impacts Of The Multi-Fibre Arrangement, Lauren A. Martinez

Economics Honors Projects

Beginning with Krugman and Helpman’s theory of demand for differentiated products, this paper estimates 104 direct price elasticities of demand for apparel in the United States. While the literature has established that apparel elasticities vary by category and across countries, I examine how price elasticities of demand for apparel vary by country, regions, product characteristics, and after the end of the Multi-Fibre Arrangement. Results suggest that the country has the greatest single explanatory power in predicting price elasticities, and additionally, the “race to the bottom” hypothesis in the apparel industry is supported through increasing elasticity of 3.4% from the mean …


The Effects Of Returns To Education On The Decision To Stay Or To Leave Secondary School?: An Empirical Study Of Brazil, Rudy Herrera Mármol Apr 2010

The Effects Of Returns To Education On The Decision To Stay Or To Leave Secondary School?: An Empirical Study Of Brazil, Rudy Herrera Mármol

Economics Honors Projects

I use the Mincerian wage equation to estimate the returns to education in Brazil from 2002 to 2008. I then use these estimates as variables that affect the decision made by potential students of whether to stay in school for one additional year. I use annually collected household survey data (PNAD) from the Brazilian Institute for Geography and Statistics (IBGE). Results indicate that returns to education have an effect on every student's decision. Although the relationship is positive, my analysis suggests that students make their decision to stay or leave school based on schooling degrees rather than on individual grades.


What Is The Impact Of Income On The Demand For Bushmeat?: A Study Of The Relationship Between Income And Bushmeat Near The Serengeti National Park In Tanzania, Iryna Postolovska Apr 2010

What Is The Impact Of Income On The Demand For Bushmeat?: A Study Of The Relationship Between Income And Bushmeat Near The Serengeti National Park In Tanzania, Iryna Postolovska

Economics Honors Projects

In Sub-Saharan Africa, increasing levels of bushmeat consumption and unsustainable bushmeat hunting have become one of the central concerns of conservationists. Many conservationists have recently begun to see income growth as a possible strategy to decrease wildlife consumption. This study tests whether or not this strategy would be effective near the Serengeti National Park in Tanzania. Results from both the aggregated and disaggregated demand functions indicate that bushmeat is a necessity in the region, implying that increases in income would lead to less than proportional increases in consumption and suggesting that income growth alone is not a viable conservation strategy. …


Are Credit Unions In Ecuador Achieving Economies Of Scale?, Nick A. Marchio Jul 2009

Are Credit Unions In Ecuador Achieving Economies Of Scale?, Nick A. Marchio

Economics Honors Projects

This study tests the assertion that membership growth in credit unions is constrained by their unique structural features, such as their non-profit mission and member-based ownership. Although these features enhance inclusiveness, existing theory suggest that they work against efficiency when membership grows too diffuse. To address this issue, this study uses a model that takes into account existing theory on constrained-optimization in credit unions and theory on the adverse effects of diffuse ownership. Using data on 36 public credit unions in Ecuador, the empirical analysis finds evidence that credit unions can achieve economies of scale despite their problematic structural features. …


Globalization And The Wage-Working Conditions Relationship: A Case Study Of Cambodian Garment Factories, Cael Warren May 2009

Globalization And The Wage-Working Conditions Relationship: A Case Study Of Cambodian Garment Factories, Cael Warren

Economics Honors Projects

The wage premiums for firm-level foreign exposure (exporting and foreign ownership) have been well documented in the literature, and their potential sources have been studied in depth. Compensating differentials and efficiency wages are two distinct explanations (with radically different implications for worker welfare) for wage gaps that persist between firms despite controls for firm and worker characteristics. We use a comprehensive dataset of working conditions and wage compliance in Cambodia’s exporting garment factories to explore (1) the impact of foreign ownership on wages and working conditions, (2) whether the relationship between wages and working conditions within these exporting factories more …


Is There Country-Of-Origin Bias In The Video Game Market?, Keaton C. White Apr 2009

Is There Country-Of-Origin Bias In The Video Game Market?, Keaton C. White

Economics Honors Projects

This paper tests for the existence of country-of-origin bias in the video game market. Using aggregate sales data from Japan and the US, I measure the effect of country-of-origin on video game sales in each respective country while controlling for genre, system, quality, and target age group, as well as domestically targeted games and superstar effects. I find that a significant country-of-origin bias exists in both game markets in favor of domestic titles.


Vertical Integration And Wage Inequality In Mexico In The Nafta Era, Maximilian Sirianni Jan 2009

Vertical Integration And Wage Inequality In Mexico In The Nafta Era, Maximilian Sirianni

Economics Honors Projects

No abstract provided.