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Aggregate Online Brand Name Pharmacy Price Dynamics For The United States And Mexico, Thomas M. Fullerton Jr., Steven L. Fullerton 2022 University of Texas at El Paso

Aggregate Online Brand Name Pharmacy Price Dynamics For The United States And Mexico, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

Virtual cross-border medical tourism allows many residents in the United States to purchase brand name medicines from companies in Mexico without travelling there. Monthly economic reports indicate that the online brand name pharmaceutical product prices in Mexico are noticeably lower than the corresponding internet prices in the United States. There have been very few econometric studies on how these prices are linked and the dynamic nature of those relationships. Results in this study indicate that online medicine prices in Mexico respond very rapidly to online prices changes in the high-price market.


Borderplex Business Barometer, Volume 6, Number 5, Thomas M. Fullerton Jr., Steven L. Fullerton 2022 University of Texas at El Paso

Borderplex Business Barometer, Volume 6, Number 5, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


A Garch Approach To Modeling Chilean Long-Term Swap Yields, Tanweer Akram, Khawaja Mamun 2022 Citibank

A Garch Approach To Modeling Chilean Long-Term Swap Yields, Tanweer Akram, Khawaja Mamun

WCBT Working Papers

This paper econometrically models the dynamics of the Chilean interbank swap yields based on macroeconomic factors. It examines whether the month-over-month change in the short-term interest rate has a decisive influence on the long-term swap yield after controlling for other factors, such as the change in inflation, change in the growth of industrial production, change in the log of the equity price index, and change in the log of the exchange rate. It applies the generalized autoregressive conditional heteroskedasticity (GARCH) approach to model the dynamics of the long-term swap yield. The change in the short-term interest rate has an economically …


Public Policy, Economic Development, And Taxes: An Impact Analysis Of Business Incentive Strategies At The State And Local Level, Richard Nanney 2022 University of Tennessee

Public Policy, Economic Development, And Taxes: An Impact Analysis Of Business Incentive Strategies At The State And Local Level, Richard Nanney

All Dissertations

In an effort to promote economic development, state-level policymakers have exercised discretion over the use of public money to incentivize subsidy packages for decades. Estimates suggest state governments spend approximately $50 billion annually on these initiatives. However, there has been little empirical research about the political and economic benefits received by local residents from these subsidy programs. This dissertation analyzes the effectiveness of state subsidy policy by considering induced economic spillover effects and population attrition rates. It examines how subsidy distribution is related to employment rates, average weekly wages, and population attrition. The project offers two methodological innovations. First, to …


Economic Opportunity And Community Development Financial Institutions In Clark County, Ar And Beyond: An Analysis, Magdalena Hopkins 2022 University of Arkansas, Fayetteville

Economic Opportunity And Community Development Financial Institutions In Clark County, Ar And Beyond: An Analysis, Magdalena Hopkins

Economics Undergraduate Honors Theses

Arkansas is home to one of the greatest projects in the world of Community Development Financial Institutions: Southern Bancorp. Founded with the help and support of Bill Clinton, it pre-dates The Riegle Community Development and Regulatory Improvement Act of 1994, which is now used to fund similar Community Development Financial Institutions. According to the Opportunity Finance Network (2022), there are more than 1,200 Community Development Financial Institutions in the United States. These institutions span the country and operate in unique communities. The CDFI Coalition (2017) cites Arkansas as having 19 Community Development Financial Institutions in the state. It is important …


Perception And Play: Consumer Perceptions Of Craft Breweries And The Impacts Of Tourism Expenditures On Economic Health, Anne Wade 2022 Clemson University

Perception And Play: Consumer Perceptions Of Craft Breweries And The Impacts Of Tourism Expenditures On Economic Health, Anne Wade

All Theses

This thesis evaluates two different strategies local leaders use to support and grow their economies. The first evaluates how residents from across the American South view and understand their experience of local craft breweries. The second evaluates the effects of direct tourism spending and direct tourism tax receipts on important measures of resident well-being in the twenty-three county Western North Carolina region. The first chapter in this thesis evaluates the overall consumer perception of the growing craft brewing industry within the states of Kentucky, South Carolina, North Carolina, Tennessee, Alabama, and Louisiana and what factors affect this perception. It uses …


Investing In Democratic Countries: An Investigation Of Democracy And Fdi, Maxwell Lajeunesse 2022 Bryant University

Investing In Democratic Countries: An Investigation Of Democracy And Fdi, Maxwell Lajeunesse

Honors Projects in Economics

In this paper, the relationship between Foreign Direct Investment (FDI) inflows and democracy levels of upper-middle income nations using three different measures of democracy is investigated. An empirical analysis across the years 2010 through 2018 was conducted, using the democracy indicators and data from the United States Agency for International AID (USAID). These democracy indicators are the EIU Democracy Index, Polity5, and IDEA Global State of Democracy Indices. The importance of this research revolves around the benefits of FDI inflows and how countries may capitalize on these benefits. Additionally, FDI has increased rapidly in the past 20 years and democracy …


Nebraska Monthly Economic Indicators: April 20, 2022, Eric Thompson 2022 University of Nebraska at Lincoln

Nebraska Monthly Economic Indicators: April 20, 2022, Eric Thompson

Leading Economic Indicator Reports

The LEI-N rose by 0.89% during March 2022. The increase in the leading indicator, which is designed to predict economic activity six months in the future, signals continued economic growth in Nebraska through the 3rd quarter of 2022. The indicator improved for two primary reasons. First, initial claims for unemployment insurance fell during March suggesting continued strength in the Nebraska labor market. Second, respondents to the March Survey of Nebraska Business reported plans to increase sales and employment. By contrast, building permits for single-family homes fell during the month. There also was an increase in the value of the U.S. …


Apakah Penerapan Desentralisasi Memberikan Dampak Yang Tidak Baik? Studi Permukiman Kumuh Di Jabodetabek, Meila Husna, Muhammad Halley Yudhistira 2022 Departemen Ilmu Ekonomi, Fakultas Ekonomi dan Bisnis, Universitas Indonesia

Apakah Penerapan Desentralisasi Memberikan Dampak Yang Tidak Baik? Studi Permukiman Kumuh Di Jabodetabek, Meila Husna, Muhammad Halley Yudhistira

Jurnal Kebijakan Ekonomi

The implementation of decentralization should have a positive impact on regional progress. Since its implementation in 2001, decentralization in Indonesia has become deeper and wider. Using the slum settlement policy as a study approach, this study will examine the impact of decentralization and how persistent these impacts are. The estimation results using RD-DiD shows that the implementation of decentralization has a negative correlation with the arrangement of slums in the Jabodetabek area. The area of slums is 45% greater than the year before decentralization or a non-decentralized area. Thus, in the aspect of structuring the slums, it can be concluded …


Why The Rate Of Return Of Religious School (Madrasah) Is Too Low: The Case In Indonesia, Elfindri Elfindri, Edi Ariyanto, Sri Maryati, Delfia Tanjung Sari 2022 Universitas Indonesia

Why The Rate Of Return Of Religious School (Madrasah) Is Too Low: The Case In Indonesia, Elfindri Elfindri, Edi Ariyanto, Sri Maryati, Delfia Tanjung Sari

Economics and Finance in Indonesia

Religious schools (madrasah) in Indonesia have contributed to fulfilling the equity goals of education. Up to this point, studies on the rate of return of madrasah and its relation to general or vocational education remain limited. In contrast to the previous studies that omit madrasah from their analysis, this study pay greater attention to this particular type of education. By adopting the Mincerian model of the human capital and applying the semi-log earnings function to the 2012 data of the National Socioeconomic Survey (SUSENAS) of Indonesia, this study discovers that the rate of return of graduates from madrasah is considerably …


The Impact Of Foreign Investment On Firm Performance: Indonesia After The 2007 Fdi Reform, Nauval Hafiluddin, Arianto Arif Patunru 2022 Universitas Indonesia

The Impact Of Foreign Investment On Firm Performance: Indonesia After The 2007 Fdi Reform, Nauval Hafiluddin, Arianto Arif Patunru

Economics and Finance in Indonesia

Foreign Direct Investment (FDI) plays a crucial role in the economy of Indonesia. The new FDI law passed in 2007 serves as a new milestone in the FDI regime in Indonesia. As the country implements the new regulation, the impact of foreign investment on firm performance becomes an interesting subject. This paper aims to estimate the effect of foreign investment on the productivity and contribution of firms in relation to the new FDI law in Indonesia. This study employed a combination of Propensity Score Matching (PSM) and Difference-in-Differences (DiD) methods to eliminate endogeneity problems and to examine causality. We discover …


Does It Pay To Be Good? The Performance Of Indonesian Green Companies From 2009 - 2018, Ega Annisa Rizti, Berli Martawardaya 2022 Universitas Indonesia

Does It Pay To Be Good? The Performance Of Indonesian Green Companies From 2009 - 2018, Ega Annisa Rizti, Berli Martawardaya

Economics and Finance in Indonesia

In Indonesia, KEHATI Sustainable and Responsible Investment (SRI) Index, hereafter referred to as SKI, aims to raise public awareness and help pro-environmental investors by selecting 25 highly rated public companies that adhere to the internationally accepted green business standard. This paper compared the financial performance of the companies listed in SKI and their counterparts between the period of January 2009 and December 2018 by predicting their future opening price of stock, comparing the performance of SKI to JKSE market index, and examining their financial performance using ROA and ROE as dependent variables. The findings suggest that being included in SKI …


The Future Of Family-Operated Resort-Destinations, Colton L. Casselman 2022 Bemidji State University

The Future Of Family-Operated Resort-Destinations, Colton L. Casselman

Political Science Theses and Capstones

The tourism industry, one of the largest in the world, is arguably one of the most volatile industries we look at. Through the varying sub-sectors of tourism, we narrow in on the family resort industry, predominately in the upper Midwest. You may hear me refer to them as Family-Operated-Resort-Destinations, but they serve unique clientele in a unique way. This industry faces immense pressure from mild tax code changes, politicians, DNR regulations, fishing quality, climate change, gas prices, foreign affairs and more. During this paper, I will examine the future of Family-Operated-Resort-Destinations.


Mexico Consensus Economic Forecast, Volume 25, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton 2022 University of Texas at El Paso

Mexico Consensus Economic Forecast, Volume 25, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Essays On Socioeconomic Shocks And Policies In Agriculture, Wilman Iglesias 2022 University of Nebraska-Lincoln

Essays On Socioeconomic Shocks And Policies In Agriculture, Wilman Iglesias

Department of Agricultural Economics: Dissertations, Theses, and Student Research

The three chapters of this doctoral dissertation estimate the responses of agricultural productivity, production value of agriculture, and crop supply to some external shocks and policies. Using unique panel datasets for Colombia and the United States, this research provides new insights regarding the responsiveness of agriculture to some socioeconomic effects and related market policies. Chapter 1 studies the impact of armed conflicts in rural areas on legal agricultural productivity in Colombia by using a production function that includes violence shocks such as the forced intra-national displacement of the rural population from 1995 to 2017. Chapter 2 investigates the effect of …


Borderplex Business Barometer, Volume 6, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton 2022 University of Texas at El Paso

Borderplex Business Barometer, Volume 6, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Las Cruces Housing Price Dynamics: 1971-2019, Steven L. Fullerton, Thomas M. Fullerton Jr. 2022 University of Texas at El Paso

Las Cruces Housing Price Dynamics: 1971-2019, Steven L. Fullerton, Thomas M. Fullerton Jr.

Border Region Modeling Project

To examine housing price dynamics for Las Cruces, New Mexico, a theoretical model is developed that takes into account the supply and demand sides. The ARDL estimation methodology employed allows for more realistic market dynamics than prior studies of this residential real estate market, the second largest in New Mexico. A slightly larger sample size is also utilized. Results obtained corroborate evidence reported in several previous housing studies. Some unexpected outcomes also indicate that consistently reliable interlinkages between housing prices and explanatory variables may be elusive. Among the latter, an inverse relationship between apartment rents and single-family housing prices is …


Short-Term Household Economic Stress Effects On Retail Sales In El Paso: 2002-2019, Thomas M. Fullerton Jr., Patricia Arellano-Olague 2022 University of Texas at El Paso

Short-Term Household Economic Stress Effects On Retail Sales In El Paso: 2002-2019, Thomas M. Fullerton Jr., Patricia Arellano-Olague

Border Region Modeling Project

Economic stress indices are beginning to be developed as gauges of business cycle conditions for regional economies. Although the popularity of these metrics is increasing, there have been only a small number of studies that analyze the effectiveness of these tools for monitoring regional economic developments. This effort employs data for one such index that is maintained by The University of Texas at El Paso Border Region Modeling Project. The sample period covers December 2002 through March 2019. Specific components of the index include inflation, unemployment, and housing prices. Estimation results indicate that the effects of any changes in economic …


The Productivity And Future Growth Potential Of Indonesia, Mohamad Ikhsan, Sri Mulyani Indrawati, I Gede Sthitaprajna Virananda, Zihaul Abdi 2022 Faculty of Economics and Business, Universitas Indonesia.

The Productivity And Future Growth Potential Of Indonesia, Mohamad Ikhsan, Sri Mulyani Indrawati, I Gede Sthitaprajna Virananda, Zihaul Abdi

Economics and Finance in Indonesia

The output per worker of Indonesia has been on a downtrend since 2010, with total factor productivity (TFP) and capital stock largely stagnant if not declining. This paper discusses stylized facts that may explain recent trends in the productivity and growth potential of Indonesia. The decomposition of output per worker reveals the declining contribution of human capital, which is also most negative among peer countries. The growth in labor productivity has been concentrated within sectors, implying room for gains from labor reallocations. A substantial share of employment and credit in Indonesia has shifted to the relatively unproductive service sectors, particularly …


Paso Del Norte Economic Indicator Review, March, Hunt Institute for Global Competitiveness 2022 University of Texas at El Paso

Paso Del Norte Economic Indicator Review, March, Hunt Institute For Global Competitiveness

Technical Reports

No abstract provided.


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