Causal Relationship Between Terrorism And Economic Indicators,
2016
Bryant University
Causal Relationship Between Terrorism And Economic Indicators, Jenna Labarre
Empirical Economic Bulletin, An Undergraduate Journal
This study aims to understand the causal linkage between terrorism and various economic indicators such as Gross Domestic Product, Tourism, and Foreign Direct Investment by running a Granger Causality regression. The expected results will show that terrorism does indeed decrease or increase as a result of changes in these economic indicators. In order to test for Granger Causality a unit-root test will first be performed, followed by a cointegration test. The results show that each nation experiences a different causal relationship with each of these indicators. Inflation is the most significant causal indicators in terms of percentage of countries tested …
Leadership Positioning Among U.S. Firms Investing In China,
2016
Portland State University
Leadership Positioning Among U.S. Firms Investing In China, Rossitza B. Wooster, Donna L. Paul
Economics Faculty Publications and Presentations
This study investigates leadership positioning by U.S. firms in China using the awareness, motivation, capability (AMC) perspective. We define leadership as first in industry to invest in China, and find that leaders have characteristics associated with higher AMC, evidenced by pre-existing multinational experience, higher product market orientation, smaller scale of operations, and higher input cost structure. Notably, the motivation to lower input costs and the prior capability in multinational operations mattered only for the first wave of firms leading industry investment earlier in time, while firms with smaller scale of operations exhibited a preference to lead investment in less popular …
An Assessment Of Federal Outlay On Pivotal Growth Induced Sectors In Nigeria,
2016
Federal University, Wukari, Nigeria
An Assessment Of Federal Outlay On Pivotal Growth Induced Sectors In Nigeria, Samson Adeniyi Aladejare, Eche Emmanuel, Charles Edobor Umonda
Journal for the Advancement of Developing Economies
This study analyses government capital and recurrent spending outlays on sectors (education, health, defense agriculture and transport and communication) believed to be critical to the growth of the economy, for the period 1980 to 2014. The Error Correction Method was adopted to analyze the short-run impact of each spending division on the prosperity of the economy. The disaggregation into capital and recurrent expenditure was done to gauge the impact each has economic growth. Empirical findings of the study reveal that though capital outlays on the sectors concerned have been more significant than recurrent spending towards achieving the goal of economic …
Exploring The Budget Deficit-Economic Growth Nexus: New Evidence From Ghana,
2016
Centre for Development in Freedom (CDIF), Accra, Ghana
Exploring The Budget Deficit-Economic Growth Nexus: New Evidence From Ghana, Kojo Oppong Nkrumah, Emmanuel Orkoh, Augustine Mensah Owusu
Journal for the Advancement of Developing Economies
In this paper, we combine Autoregressive Distributed Lag (ARDL) approach with trend analysis to assess the relationship between Ghana’s budget deficit and economic growth from 2000 to 2015 using quarterly data. The trend analysis reveals that since 2000, years of high budget deficit were usually followed by years of low economic growth and vice versa. This phenomenon was pronounced in 2009, when the Gross Domestic Product (GDP) growth rate fell from 7.3 percent in 2008 to 4 percent in 2009, following an increase in the budget deficit from 8 percent in 2007 to 11.5 percent in 2008. The same phenomenon …
Challenges Of Respecting Riparian Rights Around Hydroelectric Dams In Cameroon Since 1949,
2016
University of Buea
Challenges Of Respecting Riparian Rights Around Hydroelectric Dams In Cameroon Since 1949, Séverin Nwaha
Journal for the Advancement of Developing Economies
The impact of electric energy on socio-economic development has attracted the attention of all categories of people in society. This is because of the role power plays in the economic and industrial sectors of any country. Public authorities seem to be more concerned with protecting capitalist interests at the detriment of the riparian population. Despite regulations and legal provisions, authorities are still not able to implement a rigorous policy in this sector in Cameroon due to administrative bottle necks, among other factors. Furthermore, the existence of multiple regulatory and management bodies creates confusion. Legislation related to this issue is usually …
Royal Uncertainty: An In-Depth Analysis Of The Potential Affects Of Brexit On The U.K. Art Market,
2016
Sotheby's Institute of Art
Royal Uncertainty: An In-Depth Analysis Of The Potential Affects Of Brexit On The U.K. Art Market, Ashley Solmer
MA Projects
The United Kingdom, most notably London, has been known on the international commerce scene as a pivotal trade center for many centuries acting as a stepping stone from Europe to the Western World. Even though the economic importance of London can be dated back to early times, the inherent popularity of its art market only began flourishing in the late eighteenth century, riding on the back of the already established, but restrictive, art epicenter in Paris. The rise and prominence of Paris’ art market from 17th to 19th century eventually came to an end at the heels of …
Natural Disasters, Foreign Aid And Economic Development,
2016
University of New Hampshire - Main Campus
Natural Disasters, Foreign Aid And Economic Development, Valeriu Tomescu
Honors Theses and Capstones
No abstract provided.
The Use Of Catastrophe Bonds As A Means Of Economic Development In Emerging Economies,
2016
University of New Hampshire
The Use Of Catastrophe Bonds As A Means Of Economic Development In Emerging Economies, Lauren Mattucci
Honors Theses and Capstones
Catastrophe bonds offer a way for entities located in natural disaster prone regions to safely and efficiently transfer the risk of insuring property to the financial markets and subsequently, create a financially attractive environment for insurers and investors. The opportunity for investors to utilize modeled loss analytical platforms such as those created by AIR, Risk Management Solutions, and EQECAT, could be used to bridge the growing gap in emerging economies between economic losses created by natural disasters and insured losses. Bridging this insurance gap in emerging economies could have positive global implications for the insurance industry, global trade, foreign direct …
Escaping The Poverty Trap: Formal Savings And Asset Accumulation In Rural Malawi,
2016
Claremont McKenna College
Escaping The Poverty Trap: Formal Savings And Asset Accumulation In Rural Malawi, Audrey Breitwieser
CMC Senior Theses
Formal savings accounts can be an effective device for households to accumulate assets over time and thus have more funds available to better afford an expensive one-time payment, in the form of either addressing an economic shock or paying for an important life event. I explore this relationship using a field experiment in rural Malawi conducted from 2008-2010, and find that adoption of a formal savings account has no effect on the frequency of economic shocks that a household experiences, nor does it affect how households respond to shocks. However, I find that account adoption does significantly increase the frequency …
Maritime Economics In A Post-Expansion Panama Canal Era,
2016
Old Dominion University
Maritime Economics In A Post-Expansion Panama Canal Era, Grace W. Y. Wang, Wayne Talley, Mary R. Brooks
Economics Faculty Publications
(First paragraph) The 2016 opening of an expanded Panama Canal will allow for Post-Panamax containerships up to 12 500 twenty-foot equivalent unit (TEU) in size to transit the Panama Canal. In response, some US East Coast container ports are having their channels and berths dredged deeper—to allow Post-Panamax containerships from Asia (transiting the expanded canal) to call at their ports. What are the implications for the US West Coast ports? Will there be a cargo shift from West Coast to East Coast ports? These topics as well as the impacts of other changes in global shipping lanes (e.g., the Suez …
Determinants Of Fdi Into Developing Countries,
2016
Illinois Wesleyan University
Determinants Of Fdi Into Developing Countries, Hang Bich Phung
Mark A. Israel '91 Endowed Summer Research Fund in Economics
Overall, the incentives for foreign direct investment (FDI) vary vastly across time periods and regions. A preliminary analysis suggests that since 1990, investors tend to look for countries which can provide them with advantages in services and knowledge – capital intensive manufacturing industries. These advantages include the human capital stock and market size of the host country. On the other hand, considering a longer period, from 1980 to 2014, the more predominant advantages are natural resources and labor force. In this paper, we study two questions regarding what drives FDI to developing countries. First, what are the determinants that make …
Mobile Facial Recognition System For Patient Identification In Medical Emergencies For Developing Economies,
2016
Saint Leo University
Mobile Facial Recognition System For Patient Identification In Medical Emergencies For Developing Economies, Kingsley C. Nwosu
Journal for the Advancement of Developing Economies
Medical emergencies are part of the common daily lives of people in developing and under-developed economies. Frequently, some of these medical emergencies end up tragically for many people in these countries due to many reasons, among which is the delivery of medical treatment when the patient is uncommunicative or unresponsive. The ability of the attending medical personnel to access a patient’s medical history is critical for the quality of the treatment rendered. Unfortunately, today many lives are lost in low income economies during medical emergencies due to lack or inaccessibility of a patient’s medical information. One of the major contributing …
An Innovative Matrix For Dispute Resolution: The Dubai World Tribunal And The Global Insolvency Crisis,
2016
Indiana University Maurer School of Law
An Innovative Matrix For Dispute Resolution: The Dubai World Tribunal And The Global Insolvency Crisis, Jayanth K. Krishnan, Harold Koster
Articles by Maurer Faculty
This study examines a legal experiment that occurred during the height of the global financial crisis. As markets from the United States to Europe to the Global South shook, one country – the United Arab Emirates – found itself on the brink of economic collapse. In particular, in 2009 the U.A.E’s Emirate of Dubai was contemplating defaulting on $60 billion of debt it had amassed. Recognizing that such a default would have cataclysmic reverberations across the globe, Dubai’s governmental leaders turned to a small group of foreign lawyers, judges, accountants, and business consultants for assistance. Working in a coordinated fashion, …
Domestic Political Competition And Pro-Cyclical Import Protection,
2016
University of Richmond
Domestic Political Competition And Pro-Cyclical Import Protection, James Lake, Maia K. Linask
Economics Faculty Publications
Governments, especially in developing countries, routinely practice binding overhang (i.e. setting applied tariffs below binding WTO commitments) and frequently move applied tariffs for given products up and down over the business cycle. Moreover, applied tariffs are pro-cyclical in developing countries. We explain this phenomenon using a dynamic theory of lobbying between domestic interest groups. Applied tariffs are pro-cyclical when high-tariff interests (e.g. import-competing industries) capture the government: these groups concede lower tariffs to low-tariff interest groups (e.g. exporting firms or firms using imported intermediate inputs) during recessions because recessions lower the opportunity cost of lobbying and thereby generate a stronger …
Performance Of American And Russian Joint Stock Companies On Financial Market. A Microstructure Perspective,
2016
Nicolaus Copernicus University
Performance Of American And Russian Joint Stock Companies On Financial Market. A Microstructure Perspective, Magdalena Osińska, Andrzej Dobrzyński, Yochanan Shachmurove
Publications and Research
This paper compares the periods before and after the Ukrainian crisis of 2014 from the perspective of market microstructure. The hypothesis is that the crisis influenced the fragile Russian financial market equilibrium. As financial markets adapt to the new equilibrium, the paper studies the effects of the crisis and the imposition of economic sanctions on Russia in terms of volatility, duration, prices and volume for selected joint stock companies listed on the U.S. and the Russian stock markets. Results reveal that the Moscow Stock exchange lacks an appropriate transmission mechanism from informed investors to the rest of the market.
Three Essays On Export Concentration, International Environmental Agreements, And The Carbon Content Of Trade,
2016
University of Kentucky
Three Essays On Export Concentration, International Environmental Agreements, And The Carbon Content Of Trade, Mihai Paraschiv
Theses and Dissertations--Economics
A common finding in the international trade literature is that economic integration leads to export diversification. By documenting a positive link between joining the European Economic and Monetary Union and bilateral export concentration, the leading essay shows that this is not always the case. Using a panel data approach, I find that exports between the Eurozone members are on average more concentrated than those among countries which do not share the euro. Central to this outcome is that some economic integration agreements, such as the European Economic and Monetary Union, may lead to a drop in not only trade but …
A Critical Examination Of Oil Wealth Management Strategies And Their Effects On Economic Growth In The Gulf Cooperation Council Countries,
2016
Claremont McKenna College
A Critical Examination Of Oil Wealth Management Strategies And Their Effects On Economic Growth In The Gulf Cooperation Council Countries, Caroline J. Belmont
CMC Senior Theses
Despite their natural resources, the countries of the Gulf Cooperation Council (Kuwait, the United Arab Emirates, Saudi Arabia, Bahrain, Qatar, and Oman) have failed to live up to their economic potential, primarily due to their dependence on a revenue source with volatile prices and political significance in an unstable region. This thesis argues that the best way to convert oil wealth into consistent long term growth is through diversification, both by investing in foreign assets and by growing domestic sectors that are independent from oil and gas prices. The research further investigates the primary tool these countries have used to …
Could Tariffs Be Pro-Cyclical?,
2016
University of Richmond
Could Tariffs Be Pro-Cyclical?, James Lake, Maia K. Linask
Economics Faculty Publications
Conventional wisdom says that tariffs are counter-cyclical. We analyze the relationship between business cycles and applied MFN tariffs using a disaggregated product-level panel dataset covering 72 countries between 2000 and 2011. Strikingly, and counter to conventional wisdom, we find that tariffs are pro-cyclical. Further investigation reveals that this pro-cyclicality is driven by the tariff setting behavior of developing countries; tariffs are acyclical in developed countries. We present evidence that pro-cyclical market power drives the pro-cyclicality of tariffs in developing countries, providing further evidence of the importance of terms of trade motivations in explaining trade policy.
Tlos And Global Financial Markets: The Case Of Derivatives,
2016
Indiana University Maurer School of Law
Tlos And Global Financial Markets: The Case Of Derivatives, Hannah L. Buxbaum
Articles by Maurer Faculty
No abstract provided.
Mexico Consensus Economic Forecast, Volume 19, Number 1,
2016
University of Texas at El Paso
Mexico Consensus Economic Forecast, Volume 19, Number 1, Thomas M. Fullerton Jr., Adam G. Walke
Border Region Modeling Project
No abstract provided.
