International Economics Commons^™

The Effect Of Homeownership On Household Savings In The United States, Jacquelyn Ammirato

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines the effect of changes in house prices on the saving patterns of households in the United States of America. The paper uses data from the Panel Study of Income Dynamics. Three empirical models are run, one for 2009, one for 2005 and one for 1999 data, to account for differences in household income, age of the head of household, employment status, and mortgage information. The results indicate that whether the home is owned or rented has a significant impact on household savings in each year.

Offshoring And The Effects On American It Workers, Kristen Bousquet

Empirical Economic Bulletin, An Undergraduate Journal

This paper will use an existing model from Amiti and Wei (2009) to illustrate the potentially positive effects that offshoring will have on the productivity of American IT workers and the IT industry. The inputs that will be used to measure productivity are labor, capital, materials, service inputs, and the offshoring of materials and services and were collected from the Bureau of Economic Analysis and the Bureau of Labor Statistics. Based on a previous study from Amiti and Wei (2009), the results may suggest that there is a positive correlation from offshoring and productivity.

Organisational Factors Determining Export Performance And Electronic Commerce Adoption: An Empirical Investigation, Breda Kenny, Mairéad Clohessy

Irish Business Journal

Ireland’s economic performance over the past two decades was largely driven by the exporting sector of the economy. Vigorous export growth largely reflected the success of the economy in securing inward foreign direct investments flows, mainly from the United States (Central Bank and Financial Services Authority of Ireland, 2009). Given that Ireland has a population of just over 4.23 million (CSO, 2006) it is imperative that Irish organisations expand into foreign markets to gain a larger market base. It is against this background of international trade that this paper is set. This is a study of export performance and electronic …

International Business Environment Analysis, Sana Khalil

Business Review

This paper presents business environment analysis on the basis of cultural and economic differences. It elucidates the potential conflicts, risks and discusses the business opportunities that lie amid this whirlpool. The cultural differences are analyzed using Hofstede's dimensions and subsequent implications are discussed. It elucidates that the socio-economic differences require the managers to use their discretion while developing business strategies or goods and services for different markets. Since BRICS nations are emerging as potential business markets for firms around the globe and have attracted much attention and debate, I have chosen to present a comparative analysis using BRICS countries and …

G-20 Summit And Debt Crisis Of Europe, Badar Alam Iqbal

Business Review

Europe is under debt threat, facing the biggest crisis of uncertainty. If Euro fails, Europe fails. Since the Second World War, this is the hardest hour for Europe. One of the biggest limitations of global integration of EU is that small and weak countries could not fall in line with strong economies. This crisis is the example in this regard. The recent summit at Cannes has failed in giving concrete solution to the debt crisis especially in case of Greece, Italy, Portugal, Ireland and Spain. The crisis in Greece and ltaly cost the resignations of two popular Prime Ministers. The …

Impact Of Work Values And Individual Attributes On Citizenship And Task Performance: A Test In A Developing Country Context, Anil Chadrakumara

Journal for the Advancement of Developing Economies

This study examined the impact of work values and individual characteristics on organizational citizenship behavior (OCB) and task performance (TP). Based on the arguments of Social Capital Theory, a theoretical foundation was developed to use work values as antecedents of OCB. Analyzing 416 responses from Sri Lankan manufacturing sector employees, it was found that gender and employment category were related to citizenship performance, while level of education was related to task performance. More importantly, the impact of work values (work norms, work ethics, and intrinsic values) on OCB was found to be more significant than that of demographic factors. Overall, …

Technology And The Export Behavior Of Small, Locally- Owned Firms: New Insight, Densil A. Williams

Journal for the Advancement of Developing Economies

This paper investigates the relationship between technology and the export performance of small, locally-owned firms in the Jamaican economy. The literature argues that technology is an important variable in influencing the export performance of small firms given its technological ability to generate competitive advantage for the firm. However, the results from empirical studies are not always consistent. To investigate this issue, the paper uses survey data collected through face-to-face interviews of 92 exporters and non-exporters to estimate a logistic regression model of the firm’s export behavior. The results revealed that firm size, is the most critical factor that determines export …

Measuring Water Poverty Index In Urban Areas Of Punjab, Kanwal Zahra, Syed Hussain Haider, Afzal Mahmood, Sami Ullah

Journal for the Advancement of Developing Economies

The urban population of Punjab is growing rapidly. It is projected that there will be a 25 to 30 percent increase in urban population by 2020. This rapid population increase is causing major problems in the efficient provision of urban services in these cities. To evaluate the effect of this population increase, this paper tries to produce an integrated assessment of water stress and scarcity, linking physical estimates of water availability with socioeconomic variables that reflect poverty, i.e., a Water Poverty Index. It is understood that poor households face the problem of the accessibility of potable water, and this results …

Supply Response, Exchange Rate And Domestic Price In Nigeria, Emmanuel C. Ani, Samson Adeniyi Aladejare

Journal for the Advancement of Developing Economies

The purpose of this paper is to empirically investigate the impact of exchange rate and domestic price on export trade in Nigeria. Firstly, based on the literature review and findings of the study in the area, the paper aligned itself within the premise of the traditionalist view which concludes that non-oil export trade in Nigeria is predicated by currency depreciation via lower export prices. Secondly, the introduction of domestic prices, alongside naira rate of exchange as major determinants of non–oil exports in Nigeria, has the implication of showing that currency devaluation could be used to improve the balance of payment …

The Us Financial Crisis, Emerging Markets And The Effects Of Imf Loans, Bridgette Bain

Journal for the Advancement of Developing Economies

The main hypothesis of this paper is that emerging markets with outstanding debt from the IMF and their economies are more severely affected by shocks to the world than countries that do not undertake IMF debt. The effect that shocks have on these economies is also dependent upon the size of the debt borrowed. This paper analyzes the effects that outstanding IMF debt has on emerging markets. Essentially, it observes the responses of emerging markets to shocks in their economy when they are indebted to the IMF. We observe 35 emerging markets as defined by Dow Jones in 2010 and …

Three Essays On The Role Of Extensive And Intensive Margin In International Trade, Rishav Bista

Theses and Dissertations--Economics

This dissertation consists of three essays that examine the impact of various trade policies on the extensive (new trading relationships) and intensive (increase in trade of existing relationships) margins of trade, whereas past studies have been limited to aggregate trade flows. An inquiry into the extensive and intensive margins of trade reveals that total aggregate trade masks the heterogeneous trade creating effect of policy variables. Furthermore, this dissertation also takes into account the econometric issues that have plagued the traditional empirical model that analyzes the impact of these policies on trade.

The first chapter examines the impact of hosting and …

The Impact Of Institutional Arrangements On Educational Efficiency, Trevor Collier

Economics and Finance Faculty Publications

Per-pupil expenditures on education in the United States have grown immensely in recent decades, yet student achievement has been stagnant. An abundance of research has sought to solve this enigma, much of it centered on the incentive structure facing administrators. Some recent papers use TIMSS data to analyze the relationship between institutional arrangements—that typically do not vary within a single country—and student achievement. Similarly, we utilize TIMSS 1999 to determine if there is an indirect relationship between institutional arrangements and student achievement, via a relationship with school efficiency. Our results show that the specified link between institutional arrangements and student …

An Economic Analysis Of Foreign Ownership In Professional Sports: Motivation, Success, And Implications For United States Market, Alex F. Wheatley

CMC Senior Theses

An economic analysis of foreign ownership in sports. Focusing on the English Premier League, National Basketball Association, and Major League Baseball.

What Causes Ministers Of Finance To Get Fired?, Bradley Turner

Honors Theses

This paper seeks to establish the determinants of turnover in finance ministers. Based on an original worldwide data set, political and economic factors are considered for 58 countries. While the same political factors affect Minister of Finance turnover in both advanced and developing economies, the economic variables that matter differ between the sub-samples. Finance minister turnover is higher during years that there is also presidential turnover. Further, emerging economies have a higher Minister of Finance turnover than developed economies during years without presidential turnover. Results largely hold for robustness checks.

The Effectiveness Of Capital Controls On Capital Inflows In Emerging Markets, Kathleen A. Davis

Honors Theses

Capital flows have become increasingly more volatile over the past

decade, causing growing concern in emerging markets over the potential damages

large sudden capital inflows and outflows can cause those economies. Capital

controls have been used since World War I as a way to try to control these flows.

After being abolished nearly everywhere, they have recently been reintroduced in

a number of countries. The main analysis of this paper looks at the effect of the

capital controls on capital inflows from 2000 through 2010 in an 8 country sample

of emerging markets who have recently implemented changes in their …

Dollarization And Banking Stability In Ecuador, Cristobal Perez

Economics Honors Papers

This thesis examines the relationship between dollarization and banking stability in Ecuador. Through an econometric analysis I find that the main variables that affect banking stability in Ecuador are GDP, liquidity, financial efficiency, the proportion of productive assets, the percentage of past-due loans, the ratio between total assets and total liabilities, and the degree of concentration of the banking sector. All these variables have improved in the past decade thus strengthening banking stability. Furthermore, the four main effects of dollarization on a small, open, and developing economy include: i) the statistically significant decrease in inflation, ii) the removal of the …

Review Of Daniel Mockli's "Strategic Trends 2012: Key Developments In Global Affairs, Bert Chapman

Libraries Faculty and Staff Scholarship and Research

This review essay describes and analyzes the content of this annual compilation of international affairs essays published by the Zurich-based Center for Strategic Studies.

The Origins Of The Italian Sovereign Debt Crisis, David M. Henningsen

CMC Senior Theses

Over the past decade, the European Union has been characterized by an explosion of expenditure, insufficient revenue, high deficits and a lack of budget discipline. Financial markets in Europe are currently dealing with enormous government debts, poor government balance sheets and a weakening banking system. The purpose of this paper is to investigate the origins of the current Euro-crisis and specifically identify the extent to which it will affect the nation of Italy going forward. To understand Italy's stance amid the Euro-crisis, we proceed as follows: First, a historical background section will develop the fundamental issues that have developed in …

Water Policy: The World's Most Important Resource Politicized, Ethan Gilbert

CMC Senior Theses

Water is the most important resource on the planet for sustaining life, and many consider access to water as a fundamental human right. However, in light of its necessity, the distribution and allocation of water has become a highly politicized issue. Economic and political conditions have been shown to be influential in shaping a country’s water policy, more so then recognition of water as a basic human right. The reason for this is that many agree that there needs to be a value assigned to water to encourage its conservation and efficient use, and different methods of addressing that issue …

Dragon Versus Eagle: The Chinese Economy And U.S.-China Relations, Wei-Chiao Huang Editor, Huizhong Zhou Editor

Upjohn Press

This book contains a group of papers that examine the complex and evolving economic relationship between China and the United States.