Growth and Development Commons^™

Nowcasting Philippine Economic Growth Using Midas Regression Modeling, Cesar C. Rufino

Angelo King Institute for Economic and Business Studies (AKI)

Among the most anticipated data releases of the Philippine statistical system is the quarterly real gross domestic product. This all-important variable provides the basis for deriving the economic growth performance of the country on a year-on-year basis. Official publication of this statistics, however, comes at a significant delay of up to two months, upsetting the planning function of various economic stakeholders. Under this backdrop, data scientists coined the term “nowcasting,” which refers to the prediction of the present, the very near future, and the very recent past, based on information provided by available data that are sampled at higher frequencies …

Dynamic Poverty Decomposition Analysis: An Application To The Philippines, Tomoki Fujii

Research Collection School Of Economics

In this paper, we propose a new method of poverty decomposition. Our method remedies the shortcomings of existing methods and has some desirable properties such as time-revision consistency and subperiod additivity. It integrates the existing methods of growth-redistribution decomposition and sector based decomposition, because it allows us to decompose poverty change into growth and redistribution components for each group (e.g., regions or sectors) in the economy. We extend out method to have six components and provide empirical application to the Philippines for the period of 1985 to 2009.

Nebraska Monthly Economic Indicators: November 22, 2017, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 fell by 0.24% during October of 2017. The decrease in the LEI-N, which is designed to predict economic activity six months into the future, suggests that economic growth will slow in Nebraska during the second quarter of 2018. The fall in the indicator was due to an decline in building permits for single-family homes and manufacturing hours-worked. There also was an increase in the value of the U.S. dollar in October. The increase in the value of the dollar is challenging for Nebraska exporters. In terms of positive components, there was a …

Disaster And Recovery: The Effects Of Post-Disaster Aid On Economic Development, Joshua M. Drouin

Steeplechase: An ORCA Student Journal

The effects of aid on economic development is topic typically studied from the perspective of corruption and allocative efficiency. We examine aid to less developed nations from a different viewpoint; assuming aid reaches the intended recipients, does it actually benefit them? We utilize Indonesia and the 2004 earthquake and tsunami as a natural experiment to observe the influx of aid, and compare the regions development before and after the disaster. By establishing a baseline before the disaster, and utilizing a new start point after the destruction, we can gauge the reconstruction efforts and observe whether aid is beneficial or harmful. …

What Drives Economic Growth? A Look Into Structural Transformation And Export Diversification, Dany Bahar

Brookings Scholar Lecture Series

As part of the Brookings Scholar Lecture Series, Brookings Mountain West invites you to a lecture titled "What drives economic growth? A look into structural transformation and export diversification" by Brookings Fellow in Global Economy and Development, Dany Bahar.

About 60 percent of cross-country income differences can be explained by productivity differences. In the long-run, productivity is what best explains economic growth and welfare. This lecture seeks to understand the drivers of economic and productivity growth for countries, and in particular, the role of structural transformation and diversification. The lecture will draw on work by other scholars as well as …

The Potential Of Vizhinjam Port As A Regional Hub : A Network Analysis : A Feasibility Analysis From A Network Perspective, Pratichi Rajan Mallick

World Maritime University Dissertations

No abstract provided.

Nebraska Business And Consumer Confidence Indexes: November 3, 2017, Eric Thompson

Leading Economic Indicator Reports

Nebraska’s consumer confidence remained weak during October while business confidence remained strong. The Consumer Confidence Index – Nebraska (CCI-N) stood at 95.1 in October, below the neutral value of 100.0. By contrast, the Nebraska business confidence remained strong. The Business Confidence Index – Nebraska (BCI-N) stood at 102.7 in October, below the September level of 105.2 but above the neutral value of 100.0. When asked about the most important issue facing their business, customer demand was mentioned by 31 percent of business respondents. Businesses also faced growing competition in both the labor and product markets. The availability and quality of …

The Sustainability Edge: Driving Top-Line Growth With Triple-Bottom-Line Thinking, Jagdish Sheth, Suhas Apte

Asian Management Insights

How to drive top-line growth with triple-bottom-line thinking.

Nebraska Monthly Economic Indicators: October 25, 2017, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 1.86% during September of 2017. The increase in the LEI-N, which is designed to predict economic activity six months into the future, suggests solid economic growth in Nebraska during the first quarter of 2018. The rise in the indicator was due to an increase in building permits for single-family homes and growth in manufacturing hours-worked. There also was a decline in the value of the dollar in September, which is positive for Nebraska exporters. Finally, there were positive business expectations. Businesses responding to the September Survey of Nebraska Business reported …

Financing Private Energy Projects In The Third World, William M. Stelwagon

The Catholic Lawyer

No abstract provided.

Can Local Actors Foster A More Inclusive And Sustainable Model Of Economic Development? The Role Of Business Improvement Areas In The “New” Industrial Policy, Matias De Dovitiis, Juan Gomez, Rafael Gomez

Osgoode Hall Law Journal

A growing body of evidence links differing managerial practices, specifically ones addressing environmental sustainability and the management of people, to variations in performance observed across firms and countries. Firms (and by extension jurisdictions) that invest in better environmental policies (sustainability) and that empower workers (inclusivity) tend to outperform, over the long run, those that do not. Despite the gains associated with these inclusive and sustainable management techniques, large differences in the adoption of even the most basic management practices persist. We premise this article on an institution that can lower the costs of gaining best practice knowledge and help in …

Mobile Data Roaming And Incentives For Investment In Rural Broadband Infrastructure, James Prieger

School of Public Policy Working Papers

Mobile broadband Internet access is highly important to the American economy and millions of users. There were almost 200 million mobile broadband connections by the end of 2013 in the United States, far more than the number of fixed broadband connections (FCC, 2014a, Table 1). The economic activity created by the provision and usage of mobile broadband is sizeable, and has been documented at the national level (Gruber and Koutroumpis, 2011; Thompson and Garbacz, 2011; Katz, 2012) and specifically for rural areas (Whitacre, Gallardo, and Strover, 2014). The benefits of mobile broadband—and indeed the entire broadband ecosystem—depend on investment in …

Nebraska Business And Consumer Confidence Indexes: October 6, 2017, Eric Thompson

Leading Economic Indicator Reports

Nebraska’s consumer confidence tumbled during September while business confidence held steady. The Consumer Confidence Index – Nebraska (CCI-N) fell to 93.5 in September, well below the reading of 100.9 in August and the neutral value of 100.0. Consumer confidence is now weak in Nebraska. By contrast, the Nebraska business confidence remained strong. The Business Confidence Index – Nebraska (BCI-N) stood at 105.2 in September, slightly above the August value of 104.2, and well above the neutral value of 100.0. When asked about the most important issue facing their business, customer demand was mentioned by 37 percent of business respondents. Businesses …

Fossil Fuel Opportunities For West Virginia: 2017 Update, Eric Bowen, Christiadi

Bureau of Business & Economic Research

No abstract provided.

Borderplex Economic Outlook To 2019, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

No abstract provided.

Man And Land: Competing Ontologies, Colonial Legacies, And The Quest For Food Sovereignty, Savannah Smith

Independent Study Project (ISP) Collection

Land is an ontological reality, which is at the center of different relationships to land. These relationships are situated in and a product of historical and spatial process that have an under lying power geometry. These different understandings of land tenure can create conflict when they intersect with competing interests in the same space. In Cameroon, this is currently the case in the form of large-scale land acquisitions, which often conflict with local communities as multinational corporations and local elites acquire land concessions with facilitation by the government in the name of development. This paper aims to understand this issue …

An Abbreviated Leap: The Geopolitical And Geoeconomic Significance Of The China – Pakistan Economic Corridor To The New Silk Road, Emma Nichols

Independent Study Project (ISP) Collection

The objective of this analysis is to reveal the geopolitical and geoeconomic significance of the China – Pakistan Economic Corridor of the Belt and Road Initiative to its major stakeholders; Pakistan and China. In 2013, Chinese President Xi Jinping unveiled one of the most ambitious international infrastructure plans in modern history. The plan, in its earliest stages, is currently underway with its first portion, the China – Pakistan Economic Corridor (CPEC). Through careful preliminary analysis of the greater Belt and Road Initiative, the China – Pakistan Economic Corridor, and history of Sino-Pak relations, the motivations of the collaborating nations are …

Essays In Financial Development And Income Inequality, Samuel M. Jung

Dissertations, Theses, and Capstone Projects

This dissertation consists of three essays of original research. Chapter 1 is a survey of the literature on the theoretical and empirical interactions among financial development, economic growth, and income inequality.

Chapter 2 describes empirical research on the relationship between financial development and income inequality based on Generalized Method of Moments (GMM) method using a Chinese provincial dataset between 1998 and 2014. The empirical findings support the notion that well-developed financial markets increase income inequality in China. After adding a year dummy for 2001 to examine the impact of China’s entry into the World Trade Organization, which caused the financial …

Essays On The Impact Of Exchange Rate Movements On Stock Return And Country Output, Junnan Zhao

Dissertations, Theses, and Capstone Projects

Exchange rate movements are widely believed to be a major source of uncertainty at both micro- and macro-economic levels. At the microeconomic level, corporate managers controlling risk and investors seeking to hedge their portfolios are both obviously interested in estimates of a firm’s exchange rate exposure ̶ i.e., how much of the value of a firm will be affected by exchange rate movements. At the macroeconomic level, a currency appreciation may have a contractionary effect on a country's output.

Chapter 1 tests whether the launch of the euro around 1999 significantly reduced stock market volatility and exchange rate risk exposure …

Phragmites Removal Increases Property Values In Michigan’S Lower Grand River Watershed, Paul Isely, Erik E. Nordman, Shaun Howard, Richard Bowman

Journal of Ocean and Coastal Economics

The presence of Phragmites australis, an invasive wetland plant, negatively affects coastal property values and home prices rise with distance from Phragmites. Home prices increased as distance to Phragmites increased at a rate of $3.90/meter. Removing Phragmites from a property so that the next closest Phragmites was 400 m away results in a property value increase of over $1,500. Removing all Phragmites within 400 m of any property results in a total property value impact of $837,000. This generates about $13,457-$15,121 in additional property taxes each year once the prices and taxes adjust to the plant’s removal. We …