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Regional Economics

2018

Articles 1 - 15 of 15

Full-Text Articles in International Economics

Trade Rout: As Trade Tensions Built Between U.S. And Canada, This American Border Town Felt The Freeze, Matt Cutler, Isaac Carey Dec 2018

Trade Rout: As Trade Tensions Built Between U.S. And Canada, This American Border Town Felt The Freeze, Matt Cutler, Isaac Carey

Capstones

A close business relationship with Canada has allowed Plattsburgh to thrive as a manufacturing town. Over 100 Quebec-based companies operate there, and 15 percent of the workforce in the county gets its paycheck from a Canadian company. Even more impressive, this comes at a time when manufacturing jobs are declining nationwide. While factories are shutting down across the rust belt, in Plattsburgh they are opening up.

There is just one problem.

All of this was made possible by the North American Free Trade Agreement, or NAFTA. And just this April, the Trump administration abruptly threatened to pull out of the ...


Three Essays On Corruption And Collusion, Arlo Redwine Dec 2018

Three Essays On Corruption And Collusion, Arlo Redwine

Theses and Dissertations

This dissertation studies corruption and collusion with data derived from a laboratory experiment and household data. In Chapter 1 I study experimental procurement auctions with bribery and a public reserve to test for the tacitly collusive equilibrium described by Compte et al. (2005). Three sellers compete for 40 periods to sell a single item to a computerized buyer who accepts bribes and determines ties in bids and bribes randomly. In the closing periods, only 13.5% of auctions display the collusive equilibrium, but 58.7% of selling prices are noncompetitive. In comparison with simulated predictions for auctions that are corrupt ...


Foreign Capital Inflows And Economic Well-Being: A Statistical Analysis Of 46 Sub-Saharan African Countries From 1995-2015, Alexander M. Csanadi Oct 2018

Foreign Capital Inflows And Economic Well-Being: A Statistical Analysis Of 46 Sub-Saharan African Countries From 1995-2015, Alexander M. Csanadi

Undergraduate Economic Review

Variation in the economic well-being among sub-Saharan African countries is among the highest of any region in the world. This paper attempts to address this disparity by exploring the role of foreign capital inflows. This project extends the concept of well-being beyond GDP growth, to include measures of poverty and inequality. A multivariate regression analysis finds that the observed capital inflows have significant effects on all three measurements of well-being. Findings suggest that the level of affluence of the domestic population has significant effects on the ability of those populations to translate diaspora remittances into improvements in well-being.


Geography, Trade And Power-Law Phenomena, Pao-Li Chang, Wen-Tai Hsu Sep 2018

Geography, Trade And Power-Law Phenomena, Pao-Li Chang, Wen-Tai Hsu

Research Collection School Of Economics

This article provides a review on the theories of various power-law phenomena related to geography and trade. In particular, we focus our discussion on the gravity equation of trade flows, the power law in firm size, and the link between the two - highlighting the roles of geography and trade in the theoretical modeling. We also discuss how these two power-law phenomena may be related to other power-law phenomena, such as those in income, firm productivity and city size.


Resource Nationalism And Energy Integration In Latin America: The Paradox Of Populism, Brian Hollingsworth Jun 2018

Resource Nationalism And Energy Integration In Latin America: The Paradox Of Populism, Brian Hollingsworth

FIU Electronic Theses and Dissertations

This dissertation examines the relationship between resource nationalism and energy integration, and uses Bolivia and Brazil as a test case. Essentially, does resource nationalism affect energy integration? The findings nest within more expansive questions on international political economy and export-driven models of development. Why do populist regimes, historically operating under an economic nationalist cum protectionist paradigm, simultaneously pursue policies of economic integration? What is the relationship between resource nationalists and open markets, especially in the hydrocarbons sector? What is the relationship between populists, who are typically resource nationalists, and their decision to choose policies of energy integration?

The most common ...


How To Create Conducive Institutions To Enable Agricultural Mechanization: A Comparative Historical Study From The United States And Germany, Thomas Daum, Wallace E. Huffman, Regina Birner Jun 2018

How To Create Conducive Institutions To Enable Agricultural Mechanization: A Comparative Historical Study From The United States And Germany, Thomas Daum, Wallace E. Huffman, Regina Birner

Economics Working Papers

Agricultural mechanization is now high on the policy agenda of many developing countries. History has shown that successful mechanization depends on an enabling environment providing various supporting functions, for example, knowledge and skills development and quality assurance. This paper analyses how this enabling environment was created during the mechanization history of two today’s mechanized countries, the United States and Germany, thereby distilling lessons for today’s mechanizing countries. The paper highlights the different roles played by government agencies (public sector), manufacturers of agricultural machinery (private sector) and farmers’ organizations (third sector) for the creation of this enabling environment. The ...


Romania -- Systematic Country Diagnostic: Background Note-Agriculture (English), Edinaldo Tebaldi, Anatol Gobjila Jun 2018

Romania -- Systematic Country Diagnostic: Background Note-Agriculture (English), Edinaldo Tebaldi, Anatol Gobjila

Economics Faculty Journal Articles

Agriculture plays a significant socio-economic role in Romania and its transformation to a modern, vibrant, and market-oriented sector is central to fighting poverty, promoting social inclusion, and reducing the urban/rural development divide. Most of Romania's poor live in rural areas and earn their living from agriculture or agriculture-related activities. In 2016, eight out of ten people who were at risk of poverty or social exclusion lived either in rural areas or in towns and suburbs that were predominately rural. Using microdata from the 2013 Household Budget Survey (HBS), this report finds that individuals living in rural areas are ...


Drivers Of Agricultural Productivity In Agriculture-Based Economy, Olatokunbo H. Osinowo, Rahman A. Sanusi Jan 2018

Drivers Of Agricultural Productivity In Agriculture-Based Economy, Olatokunbo H. Osinowo, Rahman A. Sanusi

Journal for the Advancement of Developing Economies

Stagnation in agricultural productivity, especially in an economy with fast and persistently growing population, would compromise food security. This study examined the factors influencing agricultural productivity in an agriculture-based economy. The study used a 35-year period (1980 – 2014) panel data focusing on Agricultural Productivity (AP), Real Gross Domestic Product (GDP), Government Agricultural Expenditure (EXP), Agricultural Trade Barrier (ATB), Consumer Price Index (CPI), Farm Machinery (MACH), Fertilizer Consumption (FERT), Human Capital (HCAP) and Irrigation (IRRG). Data were analyzed using Impulse Response Function (IRF) and Panel Least Squares (PLS) regression technique. The IRF revealed that there was a positive and stable response ...


Educational Expenditure And Economic Growth Nexus In Nigeria (1987-2016), Abiodun O. Ayeni, Osagie F. Omobude Jan 2018

Educational Expenditure And Economic Growth Nexus In Nigeria (1987-2016), Abiodun O. Ayeni, Osagie F. Omobude

Journal for the Advancement of Developing Economies

This study empirically investigated educational expenditure and economic growth nexus in Nigeria using secondary and times series data from 1987 to 2016, sourced from the Central Bank of Nigeria (CBN), National Bureau of Statistics (NBS) and other agencies and sources. Relevant statistical tools were employed in exploring the relationships between these variables. The random characteristics of the variables were tested using the Augmented Dickey Fuller (ADF) technique. The links among educational expenditure, education sectoral output and economic growth were tested via the Autoregressive Distributed Lag (ARDL) and bound test approach developed by Pesaran and Shin. Four research hypotheses were tested ...


Mortgage Finance Market And Housing Affordability In Urban Areas In Rwanda: A Case Of Kigali City, Samuel Iyandemye, Jonas Barayandema, Faustin Gasheja Jan 2018

Mortgage Finance Market And Housing Affordability In Urban Areas In Rwanda: A Case Of Kigali City, Samuel Iyandemye, Jonas Barayandema, Faustin Gasheja

Journal for the Advancement of Developing Economies

Rapid urbanization in Rwanda has considerably increased housing demand and the need for a dependable mortgage market. Unfortunately, the capacity of most people to afford to own homes from their own incomes is still a challenge as mortgages products are available at outrageous conditions making mortgage finance unaffordable. For better market readjustment, the effects or mortgage market factors on housing affordability in any locality should be properly evaluated. The objective of this study is to determine how mortgage finance market affects the affordability of housing in Kigali, the capital city of Rwanda. To attain this objective, data was obtained from ...


Remittances, Institutions, And Inequality In Developing Countries, Karla Borja, Joshua D. Hall Jan 2018

Remittances, Institutions, And Inequality In Developing Countries, Karla Borja, Joshua D. Hall

Journal for the Advancement of Developing Economies

The private transfers sent by immigrant workers back to their home countries, or remittances, can improve the development of recipient countries through poverty reduction, higher education, and new business formation. However, the effect of remittances on income inequality is still debatable. While some studies suggest that these transfers are sent to the poor, other investigations find that remittances are directed toward higher-income cohorts, widening the gap between rich and poor. This study provides new evidence about potential income inequality reduction driven by remittances and quality of institutions. For instance, weak institutions discourage the usage of remittances toward productive ventures, more ...


Food Insecurity In Urban Slums: Evidence From Ibadan Metropolis, Southwest Nigeria, Oluwakemi A. Obayelu Jan 2018

Food Insecurity In Urban Slums: Evidence From Ibadan Metropolis, Southwest Nigeria, Oluwakemi A. Obayelu

Journal for the Advancement of Developing Economies

Food insecurity is a major challenge among the urban poor who reside mainly in slums. The prevalence and determinants of food insecurity among households living in urban slums of Ibadan, Nigeria were therefore assessed. Data were analyzed using descriptive statistics and ordered probit model. Food insecurity was found to be prevalent among the slum residents, with about 81% being food insecure. Nine out of every 10 (89.1%) households were male-headed. The largest proportion of the mildly food insecure (37%) household heads were less than 30 years old, while the largest proportion of moderately food insecure (45%) and severely food ...


The Road Ahead For Chinese Soes, Jingyu Mao Jan 2018

The Road Ahead For Chinese Soes, Jingyu Mao

Senior Projects Spring 2018

Many Chinese State Owned Enterprises are facing problems of over-capacity and inefficient productivity. These problems have contributed to the slowdown of Chinese economic growth. Some people believe that this is the time for SOEs to improve their productivity and financial system in order to be more efficient to support future Chinese economic growth. However, the central government has decided to not reform the current SOE system and continue funding SOEs in order to let them play an important role in the "Belt and Road Initiative." Many people think that this is a way to vindicate SOEs, or to excuse the ...


21st Century Chinese Art Market Boom, Ayca Deniz Ergin Jan 2018

21st Century Chinese Art Market Boom, Ayca Deniz Ergin

Summer Program for Undergraduate Research (SPUR)

This research paper provides a detailed analysis of how China has become the fastest growing art market around the world. How did the economic development in China led the country to the top in recent years, in contrast to its Western competitors? What is China’s role in the global art market scene? What changes have been made, in a socialist system, to accommodate foreign investors and what future changes should be made to sustain its growth?

Through focusing on the correlation between economic growth and art market expansions, this research develops the relationship through referencing various quantitative and qualitative ...


Evaluation Of The Potential Impact Of Cptpp And Evfta On Vietnam's Apparel Exports: Are We Over-Optimistic About Vietnam's Export Potential?, Sheng Lu Jan 2018

Evaluation Of The Potential Impact Of Cptpp And Evfta On Vietnam's Apparel Exports: Are We Over-Optimistic About Vietnam's Export Potential?, Sheng Lu

International Textile and Apparel Association (ITAA) Annual Conference Proceedings

This study conducted a quantitative evaluation of the potential impact of the implementation of the Comprehensive and Progressive Agreement of the Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA) on Vietnam’s apparel exports.