Other Economics Commons^™

The Afcfta And African Trade—An Introduction To The Special Issue:, Hippolyte Fofack, Andrew Mold

Journal of African Trade

No abstract provided.

Estimating The Effect Of Afcfta On Intra-African Trade Using Augmented Ge-Ppml:, Hippolyte Fofack, Richman Dzene, Omar A. Mohsen Hussein

Journal of African Trade

No abstract provided.

Ways Forward In Energy Markets And The Environment, Jacob Nelson

Williams Honors College, Honors Research Projects

Renewable energy sources have come to the forefront of energy production policy over the last twenty years. Studies of external and direct costs of both renewable and nonrenewable energy sources have contributed to growing understandings of ways in which these energy sources can be compared in a monetary context. Using data from the U.S. Energy Information Administration (EIA) alongside international data from the International Renewable Energy Agency (IRENA) among other sources, we have developed forecasts for the future costs, both direct and social, of each energy source as well as a difference-in-difference experiment to determine potential effects of state-level energy …

Are You Ready For Some Football? Estimating The Effect Of American Football Season On Labor Supply In The United States, Luke Petach, Dustin Rumbaugh

Faculty Scholarship

American football season reduces the Monday labor hours of employed men by two-thirds of an hour. A similar effect is found for Friday labor hours. We term these effects the “hangover effect” and “happy hour effect.” Consistent with a wide class of labor market models, the labor supply effect varies over the business cycle, increasing in expansions. The hangover effect implies an intertemporal elasticity of labor supply on the order of 0.014. Evaluated at the median hourly wage, our estimates imply an annual economic cost of foregone earnings associated with football season in the neighborhood of $5.06 billion.

Natural Resource Curse, Economic Freedom, Economic Growth And Development: Case Of Africa, Oluwatomisin Shalom Akinbo

Dissertations, Master's Theses and Master's Reports

Over the years, there has been discord or lack of agreement on the effect that natural resources have on economic growth and development. This study adopts output approach to investigate the effect that natural resources and institutions (Economic Freedom) have on economic growth for the period of 1960 to 2020 using World Bank data. The analysis employs Multiple Regression Analysis based on augmented Ordinary Least Squares Regression methods. The results are mixed, as the outcome indicates that, while natural resources are positively related to economic growth, there exists a crowding out effect between natural resources and two sectors of the …

Perkembangan Teknologi Informasi, Tfp, Dan Emisi Gas Co2 Di Indonesia, Ganiko Moddilani, Irwandi Irwandi

Jurnal Ekonomi dan Pembangunan Indonesia

This paper examines the development of information technology, total factor productivity (TFP), and urbanization of CO2 gas emissions in Indonesia from 1975–2014. To discuss empirically, this study uses the Autoregressive Distributed Lag (ARDL) model. There are several results in this study. Firstly, the TFP coefficient value in the short term is lower than the long term, so that the Enviromental Kuznets Curve (EKC) hypothesis is not proven. This is one of the causes of rising CO2 gas emissions. Secondly, information technology has a significant impact on the increase of CO2 gas emissions. Thirdly, Indonesia’s urbanization has reduced CO2 gas emissions.

Culture, Institutions & The Long Divergence, Alberto Bisin, Jared Rubin, Avner Seror, Thierry Verdier

ESI Working Papers

During the medieval and early modern periods the Middle East lost its economic advantage relative to the West. Recent explanations of this historical phenomenon— called the Long Divergence—focus on these regions’ distinct political economy choices regarding religious legitimacy and limited governance. We study these features in a political economy model of the interactions between rulers, secular and clerical elites, and civil society. The model induces a joint evolution of culture and political institutions converging to one of two distinct stationary states: a religious and a secular regime. We then map qualitatively parameters and initial conditions characterizing the West and …

A Simple Measure Of Economic Complexity, Sabiou M. Inoua

ESI Working Papers

Contrary to conventional economic growth theory, which reduces a country’s output to one aggregate variable (GDP), product diversity is central to economic development, as recent, “economic complexity”, research suggests. A country’s product diversity reflects its diversity of knowhow or “capabilities”. Researchers proposed the Economic Complexity Index (ECI) and the country Fitness index to estimate a country’s number of capabilities from international export data; these measures predict economic growth better than conventional variables such as human capital. This paper offers a simpler measure of a country’s knowhow, Log Product Diversity (or LPD, the logarithm of a country’s number of products), which …

Differences In Cognitive Reflection Mediate Gender Differences In Social Preferences, Antonio M. Espín, Valerio Capraro, Brice Corgnet, Simon Gächter, Roberto Hernán-González, Praveen Kujal, Stephen Rassenti

ESI Working Papers

Previous studies have shown that women tend to be more egalitarian and less self-interested than men whereas men tend to be more concerned with social efficiency motives. The roots of such differences, however, remain unknown. Since different cognitive styles have also been associated with different distributional social preferences, we hypothesise that gender differences in social preferences can be partially explained by differences in cognitive styles (i.e., women rely more on intuition whereas men are more reflective). We test this hypothesis meta-analytically using data from seven studies conducted in four countries (USA, Spain, India, and UK; n=6,910) where cognitive reflection and …

Strategically Revealing Intentions In General Lotto Games, Keith Paarporn, Rahul Chandan, Dan Kovenock, Mahnoosh Alizadeh, Jason R. Marden

ESI Working Papers

Strategic decision-making in uncertain and adversarial environments is crucial for the security of modern systems and infrastructures. A salient feature of many optimal decision-making policies is a level of unpredictability, or randomness, which helps to keep an adversary uncertain about the system’s behavior. This paper seeks to explore decision-making policies on the other end of the spectrum – namely, whether there are benefits in revealing one’s strategic intentions to an opponent before engaging in competition.We study these scenarios in a well-studied model of competitive resource allocation problem known as General Lotto games. In the classic formulation, two competing players simultaneously …

The Art Of Concession In General Lotto Games, Rahul Chandan, Keith Paarporn, Dan Kovenock, Mahnoosh Alizadeh, Jason R. Marden

ESI Working Papers

Success in adversarial environments often requires investment into additional resources in order to improve one’s competitive position. But, can intentionally decreasing one’s own competitiveness ever provide strategic benefits in such settings? In this paper, we focus on characterizing the role of “concessions” as a component of strategic decision making. Specifically, we investigate whether a player can gain an advantage by either conceding budgetary resources or conceding valuable prizes to an opponent. While one might na¨ıvely assume that the player cannot, our work demonstrates that – perhaps surprisingly – concessions do offer strategic benefits when made correctly. In the context of …

Evaluating College Students' Attitudes And Understanding Of Recycling, Taylor Shipley

Honors Program Theses

Individuals have different habits, beliefs, and knowledge regarding recycling. These can be due to a variety of reasons such as peers, upbringing, accessibility of recycling, or prior knowledge of what can be recycled. A school setting, in particular, can be influential to a student’s motivation to recycle; schools can provide an environment for students to learn about the importance of recycling and other various sustainability initiatives. Like most campuses, students’ recycling behaviors on the University of Northern Iowa’s (UNI) campus are likely to be affected to some degree by the reasons listed above as well as other life experiences.

Recycling …

Three Essays In Applied Urban Economics, Alexander Cardazzi

Graduate Theses, Dissertations, and Problem Reports (ETD)

The first chapter examines the effect of policing strategies on housing prices. Crime has been shown to negatively affect housing values. However, there is not much empirical evidence documenting the amenity value of how people are policed. Stop & Frisk was a particularly salient policing tactic employed in New York City until a judge ruled it to be unconstitutional. This chapter uses exogenous variation in Stop & Frisk behavior resulting from landmark events in a federal class action lawsuit as well as exposure to Operation Impact, a high intensity policing strategy, to explain variation in property sales. Results indicate a …

Three Essays In Applied Econometrics: Agricultural And Energy Economics, Kuan-Ming Huang

Graduate Theses, Dissertations, and Problem Reports (ETD)

This dissertation examines three empirical issues in energy and agricultural economics using econometrics models whose titles are: 1) Do Natural Hazards in the Gulf Coast Still Matter for State-Level Natural Gas Prices in the US? Evidence After the Shale Gas Boom; 2) Do Exploitations of Marcellus and Utica Shale Formations Improve Regional Economy in Ohio, Pennsylvania, and West Virginia? A Synthetic Control Analysis; and 3) How Did Covid-19 Impact US Household Food Spending? An Analysis Six Months In.

The first essay assesses the impact of natural hazards on state-level natural gas prices and evaluates the effects of the shale gas …

Economics Of Covid-19 Reading List, Sara Gundersen

Economics Faculty Publications

Reading list for The Economics of COVID-19, taught in Fall 2020

Economics Of Covid-19 Reading List, Sara Gundersen

Economics Faculty Publications

Reading list for The Economics of COVID-19, taught in Fall 2020

Economics Of Covid-19 Project 1 Macroeconomics, Sara Gundersen

Economics Faculty Publications

This is the first project from The Economics of COVID-19, taught in fall 2020. It focuses on macroeconomics.

Economics Of Covid-19 Project 1 Macroeconomics, Sara Gundersen

Economics Faculty Publications

This is the first project from The Economics of COVID-19, taught in fall 2020. It focuses on macroeconomics.

Economics Of Covid-19 Project 2 Policy, Sara Gundersen

Economics Faculty Publications

This contains the second project for The Economics of COVID-19, which was taught in fall 2020.

Economics Of Covid-19 Project 2 Policy, Sara Gundersen

Economics Faculty Publications

This contains the second project for The Economics of COVID-19, which was taught in fall 2020.