‘Educating Indonesia’ And The Minister Who’S Making It Happen,
2013
Singapore Management University
‘Educating Indonesia’ And The Minister Who’S Making It Happen, Singapore Management University
Perspectives@SMU
Energy and optimism were highlights of the recent speech given by Indonesia’s Trade Minister Gita Wirjawan during the SMU Presidential Distinguished Lecturer Series. While the optimism may be rooted deeply in the potential of Indonesia’s current demographic — more than 30 percent of its population is aged between 19 and 24, and more than 50 percent is under 29, making it one of the youngest productive populations in the world — its economic success story is fact, reflected in its G-20 membership, where it is the second fastest growing economy.Yet much remains to be done to unleash the full potential …
Host Country Financial Development And Mnc Activity,
2013
University of Wisconsin-Madison
Host Country Financial Development And Mnc Activity, L. Kamran Bilir, Davin Chor, Manova Kalina
Research Collection School Of Economics
Multinational corporations (MNCs) manage complex operations, often blending features of three modes of FDI that are well understood in isolation but not in tandem, namely: horizontal, vertical and export-platform FDI. We develop a three-country model with heterogeneous firms, in order to analyze how financing constraints in the FDI host country affect the relative strength of these three motives for FDI. In our model, financial development in the host country fosters entry by domestic firms, making the local market more competitive for MNC products. This leads MNCs to orient their affiliate sales away from the local market toward other markets instead. …
A Cross-Country Analysis Of Unbanked Within The Oecd,
2013
George Fox University
A Cross-Country Analysis Of Unbanked Within The Oecd, Nathanael D. Peach, Andrew D. Van Der Werff, Jeanne M. Hogarth
Faculty Publications - College of Business
Financial inclusion has been extensively researched on a nation-by-nation basis. The recently released Global Findex data set from the World Bank allows for this literature to be extended because it creates universal measures of relevant data. Because data are universal, it allows multiple nations to be analyzed simultaneously. Using a set of thirty-one countries from the OECD, we find that social factors are an important part of highly banked populations. Higher levels of trust in government and formal financial institutions increase the level of financial inclusion. Increases in income inequality are predicted to decrease the banked population within a nation. …
Exchange Rate Volatility And Foreign Direct Investment In Sub-Saharan Africa,
2013
University of Cape Coast, Ghana
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 …
Teacher Qualifications And Student Achievement: A Panel Data Of Analysis,
2013
University of Dayton
Teacher Qualifications And Student Achievement: A Panel Data Of Analysis, Trevor Collier
Economics and Finance Faculty Publications
Recent academic research suggests that teacher quality plays an important role in student achievement: however, empirical research on the efficacy of policies requiring teachers to obtain certain degrees is inconclusive, particularly in elementary education. This paper models a panel data production function with fixed effects using the Early Childhood Longitudinal Study (ECLS-K) to asses the relationship between different undergraduate and graduate majors and elementary student test scores. Specifcally, we aim to discern if there is a difference in teacher efficacy within the different education related majors (e.g. early childhood education and elementary education) and between education and non-education related majors.
The Gettysburg Economic Review, Volume 7, Spring 2013,
2013
Gettysburg College
The Gettysburg Economic Review, Volume 7, Spring 2013
Gettysburg Economic Review
No abstract provided.
China’S Local Government Debt And Economic Growth,
2013
Gettysburg College
China’S Local Government Debt And Economic Growth, Jia Qi Zhou
Gettysburg Economic Review
This paper explores the impact of China’s local government debt on economic growth. This analysis, based on a panel of 31 provinces over 14 years, takes into account a broad range of economic growth determinants as well as various estimation issues including heteroskedascity and omitted variable. The empirical results suggest an inverse relationship between China’s local government debt and economic growth, controlling for other determinants of growth: on average, a 10 percentage point increase in the debt-to-GDP ratio is associated with a slowdown in annual real per capita GDP growth of around 0.27 percentage points per year.
The Role Of Policy Fundamentals In Fostering Economic Growth In Developing Countries,
2013
Eastern Illinois University
The Role Of Policy Fundamentals In Fostering Economic Growth In Developing Countries, Minh Dao
Faculty Research and Creative Activity
This paper examines the role of policy fundamentals in fostering economic growth in developing countries. Based on data from the World Bank for the 2000-2011 period and a sample of sixty-two developing economies we find that the growth rate of per capita GDP is dependent on a country’s investments in human capital as measured by the share of the public sector in total health expenditure and by the relative size of public education in the government’s budget, on an enabling business environment as measured by two Doing Business indicators, namely the cost of starting a business as a percent of …
The Relationship Between Inequality And Economic Growth: Evidence From Latin America,
2013
Bryant University
The Relationship Between Inequality And Economic Growth: Evidence From Latin America, Amanda Gallagher
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the complex relationship between income inequality and economic growth in the Latin American region. This study conducts an empirical analysis using economic growth as the dependent variable, to determine the impact inequality has on economic growth. This study uses panel data from countries in Latin America over the time period of 1994-2009. The empirical results show a negative relationship between inequality and economic growth in the Latin American region. In addition, the level of government expenditure and taxation in the countries impact economic growth.
Carbon Emissions And Economic Growth: A Granger Causality Analysis Across 18 Countries,
2013
Bryant University
Carbon Emissions And Economic Growth: A Granger Causality Analysis Across 18 Countries, Rohan Vakil
Empirical Economic Bulletin, An Undergraduate Journal
In this paper, an analysis of the relationship between Economic Growth and Carbon Emissions will be done using data from 9 Developed Countries, and 9 Less Developed Countries, as determined by the World Bank and United Nations. The countries analyzed will be Canada, France, Germany, Italy, Japan, Korea (South), Spain, United Kingdom, United States of America (9 Developed Countries); and India, Indonesia, Iran, Malaysia, Mexico, Brazil, Russian Federation, Saudi Arabia, and South Africa (9 Less Developed Countries). This research expands on the research done by Barassi and Spagnolo (2012), and Coondoo and Dinda (2003).
Determinants Of Fdi Inflows Into South America,
2013
Bryant University
Determinants Of Fdi Inflows Into South America, Dario Castro
Empirical Economic Bulletin, An Undergraduate Journal
This study provides a panel data analysis of the key determinants of FDI as determined by the market such as market size, economic stability, trade liberalization, population, growth prospects, and exchange rates. Additionally, other variables such as physical infrastructure, quality of institutions and central bank exchange rate regimes. This paper seeks to show the major policy implications of variables that can be influenced through government intervention. The empirical research is conducted with focus on South American FDI inflows over the last three decades, due to the great presence of natural resources and cheap labor in the region which have contributed …
State Government Revenue: The Effects Of Legalized Gambling,
2013
Bryant University
State Government Revenue: The Effects Of Legalized Gambling, Nicholas S. Malz
Empirical Economic Bulletin, An Undergraduate Journal
When facing financial constrictions, legalized gambling is an attractive alternative for state governments. Most empirical evidence on this topic only examines a single industry in a particular state. This study involves a general analysis of three different forms of gambling across all 50 states. The data is comprised of the gambling volume and state government revenues for all 50 states from 2000 to 2010. From the research, lotteries and horse racing typically increase state revenues, while casinos tend to decrease state revenues.
The Causality Between Budget Deficits And Interest Rates In Asean Countries,
2013
Bryant University
The Causality Between Budget Deficits And Interest Rates In Asean Countries, Janhavi Nerurkar
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the correlation between budget deficits and interest rates across countries of varying income levels across Southeast Asia using the Granger-causality econometric model. It consists of a time series analysis of budget deficits (local currency unit) and real interest rates in Indonesia, Malaysia, Thailand, the Philippines and Singapore from 1990 to 2011.This analysis concludes that budget deficits and interest rates do not cause one another in the countries under consideration.
The Effect Of Macroeconomic Variables On Domestic Homeownership Rates,
2013
Bryant University
The Effect Of Macroeconomic Variables On Domestic Homeownership Rates, Patrick Graydon
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates how various macroeconomic variables affect homeownership rates in the United States. Some of the variables explored in this study include interest rates, unemployment rate, average household income, inflation rate, GDP, population, and residential construction. The paper uses quarterly data from quarter one of 2000 to quarter three of 2012. The results show the economic indicators that are closely correlated with the rate of homeownership.
An Empirical Study Of Salary Discrimination In Professional Basketball,
2013
Bryant University
An Empirical Study Of Salary Discrimination In Professional Basketball, Joshua Reynolds
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the racial differences in salaries amongst professional basketball players during the 2011-2012 season. Prior studies from the 1980s and 1990s show that white and black players have earned a comparable mean salary, based on performance variables and other player characteristics. However these studies have shown, that taking race in as a factor when running regressions of the data, preference exists towards white player salaries. This paper looks to see if the recent shift in demographic makeup of the NBA prevalent during the late 1990s and 2000s has led to a more equitable distribution of salaries based on …
Education And Wellbeing Of A Country,
2013
Bryant University
Education And Wellbeing Of A Country, Michael Arons
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines education, employment sectors and GDP per capita. The study examines which aspects of education math, reading, or science is more important to an economy, and how they affect different employment sectors. The model will attempt to show if educational subject scores have an impact in different sectors of the economy. The main function of this model is to decipher how education affects the wellbeing of a country. The results will attempt to discern whether education impacts employment in various sectors, and conversely GDP per capita.
The Relationship Between The Stock Market And Economic Indicators: Evidence From Singapore And Hong Kong,
2013
Bryant University
The Relationship Between The Stock Market And Economic Indicators: Evidence From Singapore And Hong Kong, Kahini Dalal
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the relationship between the stock markets and economic variables of the selected countries: Singapore and Hong Kong. The quarterly data collected for Gross Domestic Product, Foreign Exchange Rates, Inflation and Current Account Balance, as well as Stock Prices ranges from January 2002 to December 2012. The analysis is focused on the results of the Cointegration and Granger Causality tests to estimate the relationship of the various economic indicators and the stock market indices. This estimation enables to assess whether the stock market index of the respective country is a good representation of the economic health of the …
Institutional Quality, Income Inequality, And Economic Growth In Latin American Countries,
2013
Bryant University
Institutional Quality, Income Inequality, And Economic Growth In Latin American Countries, Courtney Pomer
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the possibility of the institutional quality of a country having an effect on income inequality and economic growth in Latin American Countries. The study incorporates the gini variable and growth rates of GDP in each country to examine the influence of corruption on the various countries throughout Latin America. Looking at previous research it has been found that corruption is positively correlated with income inequality and negatively correlated with economic growth. The variable for corruption in this study however measures the control of corruption in each country, so we will be looking at the institutional quality and …
Poverty In Agrarian Developing Economies,
2013
Eastern Illinois University
Poverty In Agrarian Developing Economies, Minh Dao
Faculty Research and Creative Activity
This paper examines the determinants of poverty in agrarian developing economies. Based on data from the World Bank and a sample of thirty agrarian developing economies we find that the fraction of the population below the national poverty line is linearly dependent on urbanization as measured by the fraction of the total population living in urban areas, the maternal mortality ratio, the level of development as measured by purchasing power parity per capita gross national income, and the fraction of births attended by skilled health staff. We observe that the coefficient estimate of one explanatory variable, namely, the fraction of …
The Role Of Policy Fundamentals In Fostering Economic Growth In Developing Countries,
2013
Eastern Illinois University
The Role Of Policy Fundamentals In Fostering Economic Growth In Developing Countries, Minh Dao
Faculty Research and Creative Activity
This paper examines the role of policy fundamentals in fostering economic growth in developing countries. Based on data from the World Bank for the 2000-2011 period and a sample of sixty-two developing economies we find that the growth rate of per capita GDP is dependent on a country’s investments in human capital as measured by the share of the public sector in total health expenditure and by the relative size of public education in the government’s budget, on an enabling business environment as measured by two Doing Business indicators, namely the cost of starting a business as a percent of …
