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Regional Economics Commons™

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2013

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Articles 61 - 66 of 66

Full-Text Articles in Regional Economics

Exchange Rate Volatility And Foreign Direct Investment In Sub-Saharan Africa, Emmanuel Ekow Asmah, Francis Kwaw Andoh Jan 2013

Exchange Rate Volatility And Foreign Direct Investment In Sub-Saharan Africa, Emmanuel Ekow Asmah, Francis Kwaw Andoh

Journal for the Advancement of Developing Economies

Foreign Direct Investment (FDI) is an important source of financing development. It enhances efficiency and raises skills of local manpower, facilitates transfer of technology, generates employment and promotes productivity resulting in broad welfare improvements. Although FDI could have a substantial impact on the growth of African economies, poverty reduction and the achievement of various dimensions of human development as articulated in the Millennium Development Goals, its flows to Africa, though growing steadily have been relatively low, volatile, and highly concentrated in a few countries. One of the factors that have been identified in the literature as key drivers of FDI …


Determinants Of Savings Rate In Rural Nigeria: A Micro Study Of Kwara State, Oluwakemi Adeola Obayelu Jan 2013

Determinants Of Savings Rate In Rural Nigeria: A Micro Study Of Kwara State, Oluwakemi Adeola Obayelu

Journal for the Advancement of Developing Economies

The inability of households to save over time has significant influence on the rate of capital accumulation and economic growth in developing countries. In order to understand this trend, this research assesses savings rates and its correlates in rural Kwara state, Nigeria. A multistage sampling procedure was used to obtain data from 120 households. This was then analyzed using two descriptive statistics: the generalized linear model and the Tobit regression model. Results show that majority of the rural households were male-headed (81.0 percent) and combined farming with other non-farming activities (73.5 percent). The Tobit regression model reveals that age squared …


The State Of The Region: Hampton Roads 2013, James V. Koch, Vinod Agarwal, Kelly Brown, Chris Colburn, Vicky Curtis, Steve Daniel, Elizabeth Janik, Lian Feng, Sharon Lomax, Molinaro Janet, Ken Plum, Ayush Toolsidass, Gary Wagner, Shara Weber, Gilbert Yochum Jan 2013

The State Of The Region: Hampton Roads 2013, James V. Koch, Vinod Agarwal, Kelly Brown, Chris Colburn, Vicky Curtis, Steve Daniel, Elizabeth Janik, Lian Feng, Sharon Lomax, Molinaro Janet, Ken Plum, Ayush Toolsidass, Gary Wagner, Shara Weber, Gilbert Yochum

Economics Faculty Books

This is Old Dominion University's 14th annual State of the Region report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion or it's president, John R. Broderick. The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a …


Comparing Implementations Of Estimation Methods For Spatial Econometrics, Roger Bivand, Gianfranco Piras Jan 2013

Comparing Implementations Of Estimation Methods For Spatial Econometrics, Roger Bivand, Gianfranco Piras

Regional Research Institute Working Papers

Recent advances in the implementation of spatial econometrics model estimation techniques have made it desirable to compare results, which should correspond between implementations across software applications for the same data. These model estimation techniques are associated with methods for estimating impacts (emanating effects), which are also presented and compared. This review constitutes an up to date comparison of generalized method of moments (GMM) and maximum likelihood (ML) implementations now available. The comparison uses the cross sectional US county data set provided by Drukker, Prucha, and Raciborski (2011c, pp. 6-7). The comparisons will be cast in the context of alternatives using …


Can Spatial Dependence Enhance Industry Sustainability? The Case Of Pasture-Based Beef, Inocencio Rodriguez, Gerard D'Souza, Thomas Griggs Jan 2013

Can Spatial Dependence Enhance Industry Sustainability? The Case Of Pasture-Based Beef, Inocencio Rodriguez, Gerard D'Souza, Thomas Griggs

Regional Research Institute Working Papers

Can sustainability be enhanced by maximizing the sum of private and social benefits from an industry? This might take place, for example, by identifying production options that increase profitability side-by-side with societal goals such as renewable energy production and carbon sequestration, healthier communities, environmental quality, and economic development. We explore this issue for pasture based beef (PBB), a nascent industry where industry profitability, community development, and quality of life can be enhanced by explicitly linking the PBB supply chain spatially and intertemporally, thereby increasing the sum of private and social benefits. We develop a framework based on optimal control theory …


Impact Estimates For Static Spatial Panel Data Models In R, Gianfranco Piras Jan 2013

Impact Estimates For Static Spatial Panel Data Models In R, Gianfranco Piras

Regional Research Institute Working Papers

In the present note we demonstrate how to implement the Lee and Yu (2010) procedure for fixed effects spatial panel data models available from the R (R Development Core Team 2012) package splm (Millo and Piras 2012). Additionally, we also show how to compute the impact estimates introduced by Kelejian, Tavlas, and Hondroyiannis (2006) and formalized in LeSage and Pace (2009). Unlike Matlab (MATLAB 2011), there was no R function specific to static panel data models for the calculation of the impact measures. After receiving numerous requests from the users of splm, we decided to extend the cross sectional functions …