Aviation Connectivity Impacts on Regional Economies in the United States

2018 ◽  
Vol 2672 (29) ◽  
pp. 103-113
Author(s):  
Jason C. Y. Wong
Keyword(s):  
United States ◽  
The United States ◽  
Connectivity Index ◽  
Applied Microeconomics ◽  
Regional Economies ◽  
Long Run ◽  
Point Increase ◽  
Myrtle Beach ◽  
The Impact

This paper uses applied microeconomics techniques to investigate the impact of aviation connectivity on 548 regional economies in the United States. Using lagged socioeconomic variables to instrument for future aviation connectivity, the paper finds a significant impact of connectivity on long-run economic growth. An increase of 100 in the city’s Global Connectivity Index is associated with an increase in long-term total personal income of the city by up to $254,350,000, and up to 613 more jobs. For a city like Myrtle Beach, SC, with a connectivity index close to the mean connectivity levels of core-based statistical areas, a 100-point increase in the index represents a 1.03% increase in air connectivity. The paper also finds evidence suggesting that the impact of connectivity on regional economies is significantly more pronounced in the largest 100 cities, whereas these effects vanish in smaller cities.

scholarly journals Modeling the Transport Infrastructure-Growth Nexus in the United States

2016 ◽  
Author(s):  
Junwook Chi ◽  
Jungho Baek
Keyword(s):  
United States ◽  
The United States ◽  
Economic Effects ◽  
Transport Infrastructure ◽  
Infrastructure Investment ◽  
Public Infrastructure ◽  
Economic Output ◽  
Long Run ◽  
The Impact

The rising government funding in transport infrastructure has sparked political and academic debates on the economic impacts of transport infrastructure investment in the United States. Although numerous empirical studies have examined the transport infrastructure-growth nexus, existing literature has mixed conclusions of the economic effects of expanding transport infrastructure. The main objective of this paper is to assess the short- and long-run impacts of transport and non-transport public infrastructure on economic growth to provide an implication of the effectiveness of these fiscal policy tools in the short- and long-term. For this purpose, we employ a modern autoregressive distributed lag (ARDL) approach to explore the dynamic relationships among transport infrastructure, non-transport public infrastructure, private capital, labor hours, GDP, and exports. In the long run, we find that a bidirectional relationship exists between transport infrastructure and GDP, suggesting that expanding transport infrastructure improves aggregated economic output, and enhanced economic output increases public investment in transport infrastructure. However, the magnitude of the impact of transport infrastructure on GDP is smaller than that of non-transport public infrastructure, implying that non-transport infrastructure investment is a more effective long-term fiscal stimulus than expanding transport infrastructure.

The Impact of Monetary and Fiscal Policies on the Stock Market in the United States (U.S); Evidence from Linear ARDL Framework

2020 ◽  
Vol 11 (1) ◽  
pp. 132-132
Author(s):  
Aref Emamian
Keyword(s):  
United States ◽  
Stock Market ◽  
The United States ◽  
Real Effective Exchange Rate ◽  
Annual Data ◽  
Fiscal Policies ◽  
Long Run ◽  
The Us ◽  
Short Run ◽  
The Impact

This study examines the impact of monetary and fiscal policies on the stock market in the United States (US), were used. By employing the method of Autoregressive Distributed Lags (ARDL) developed by Pesaran et al. (2001). Annual data from the Federal Reserve, World Bank, and International Monetary Fund, from 1986 to 2017 pertaining to the American economy, the results show that both policies play a significant role in the stock market. We find a significant positive effect of real Gross Domestic Product and the interest rate on the US stock market in the long run and significant negative relationship effect of Consumer Price Index (CPI) and broad money on the US stock market both in the short run and long run. On the other hand, this study only could support the significant positive impact of tax revenue and significant negative impact of real effective exchange rate on the US stock market in the short run while in the long run are insignificant. Keywords: ARDL, monetary policy, fiscal policy, stock market, United States

THE INFLUENCE OF SCOTTISH ACCOUNTANTS IN THE UNITED STATES: THE EARLY CASE OF THE SOCIETY OF ACCOUNTANTS IN EDINBURGH

1997 ◽  
Vol 24 (1) ◽  
pp. 117-141 ◽  
Author(s):  
T. A. LEE
Keyword(s):  
United States ◽  
General Theory ◽  
Research Program ◽  
The United States ◽  
The World ◽  
Early Case ◽  
The Impact ◽  
Chartered Accountants ◽  
The U.S

This study represents part of a long-term research program to investigate the influence of U.K. accountants on the development of professional accountancy in other parts of the world. It examines the impact of a small group of Scottish chartered accountants who emigrated to the U.S. in the late 1800s and early 1900s. Set against a general theory of emigration, the study's main results reveal the significant involvement of this group in the founding and development of U.S. accountancy. The influence is predominantly with respect to public accountancy and its main institutional organizations. Several of the individuals achieved considerable eminence in U.S. public accountancy.

scholarly journals The Influence of Logistics Mode on Cross Border E-commerce Business Scale

2021 ◽  
Vol 235 ◽  
pp. 03006
Author(s):  
Xiaohui Hu
Keyword(s):  
United States ◽  
Regression Analysis ◽  
The United States ◽  
Intermodal Transportation ◽  
Road Transportation ◽  
Cross Border ◽  
Logistics Mode ◽  
Transportation Logistics ◽  
The Impact

China’s cross-border e-commerce companies are facing the problem of high logistics cost caused by excessive reliance on road transportation in domestic logistics link. In the long-term development, crossborder e-commerce companies in the United States have adopted the intermodal transportation logistics mode, which can reduced the domestic logistics costs. In order to study the impact of intermodal-transportation logistics mode on the scale of cross-border e-commerce companies, this paper selects the relevant data of Hub Group, the first intermodal marketing company in North America, makes multiple regression analysis, and draws the following conclusion: the intermodal-transportation logistics mode of highway and railway collaborative transportation is conducive to the expansion of cross-border e-commerce business scale.

Cultural Pluralism and the Future of American Unity: The Impact of Illegal Aliens

1984 ◽  
Vol 18 (3) ◽  
pp. 800-813
Author(s):  
Lawrence H. Fuchs
Keyword(s):  
United States ◽  
The United States ◽  
Cultural Pluralism ◽  
Illegal Migration ◽  
Political Unity ◽  
The Future ◽  
Long Term Impact ◽  
The Impact ◽  
Special Notice

This essay explores the question of the impact of illegal migration on American unity and cultural pluralism in the United States. Assuming that over time the descendents of undocumented workers now in the United States will behave substantially like descendants of those who immigrate legally, the author concludes that the long-term impact of illegal migration barely will be noticeable provided it is reduced substantially in the future. The process of acculturation will work in the same way for both groups as it has for other ethnic groups in the past, given comparable levels of education and length of family residence in the United States. The author takes special notice of the illegal migration of Spanish-speaking workers and hypothesizes that the behavior of their descendants will not differ from the descendants of other immigrants, legal or illegal, in ways that disrupt fundamental patterns of American political unity and cultural pluralism.

scholarly journals The impact of Sino-US trade friction on Sino-Russian soybean trade cooperation

2021 ◽  
Vol 204 (01) ◽  
pp. 91-98
Author(s):  
Cyucze Chen'
Keyword(s):  
United States ◽  
The United States ◽  
Agricultural Trade ◽  
Trade Friction ◽  
The Us ◽  
Belt And Road ◽  
Trade Frictions ◽  
The Impact ◽  
Soybean Trade

Abstract. Since entering the 21st century, trade frictions between China and the United States have occurred frequently. In response to the escalation of the US provocation, China began to impose a 25 % tariff on US soybeans. The hindrance of Sino-US soybean trade has brought new opportunities for the development of Sino-Russian soybean trade. Purpose. This article analyzes the current situation of China-Russia soybean trade cooperation in the context of Sino-US trade frictions, and analyzes the current constraints and favorable opportunities in the development of the Sino-Russian soybean trade industry. Methods. The study used monographic, abstract-logical methods and the method of comparative analysis. Results. It can be said that Sino-US trade friction has objectively injected new momentum into Sino-Russian agricultural cooperation, and soybeans have become a new growth point in Sino-Russian agricultural cooperation. In the context of the “Belt and Road” initiative and the long-term trade competition between China and the United States, it is of great significance to further strengthen Sino-Russian agricultural cooperation and increase the level of agricultural trade represented by soybeans between the two countries. The scientific novelty of the research lies in the analysis of limited factors of influence and indication of a new direction of cooperation in the field of soybeans between the PRC and the Russian Federation.

Tax reform initiated by D. Trump: Economic and social aspects

2021 ◽  
Vol 27 (3) ◽  
pp. 693-720
Author(s):  
Elena Yu. MAKUSHINA ◽  
Dar'ya M. KARMANOVA ◽  
Aleksei S. KUCHER
Keyword(s):  
United States ◽  
Policy Development ◽  
Tax Reform ◽  
The United States ◽  
Subsequent Increase ◽  
Tax Revenues ◽  
Long Run ◽  
Macroeconomic Indicators ◽  
The Impact ◽  
The U.S

Subject. The article addresses the tax reform of 2017, initiated by D. Trump. Objectives. The aim is to determine the relationship between the total volume of tax revenues to the budget of the U.S. Government and the growth of U.S. GDP in the long run. Methods. To identify the impact of the tax reform on the investment climate in the country and the subsequent GDP growth, we formulate a hypothesis and propose a regression model. The quarterly data from 04.01.1960 to 07.01.2019 serve as a statistical sampling, published by financial departments of the U.S. Office of Management and Budget and the U.S. Bureau of Economic Analysis. The study rests on the econometric analysis enabling to identify the impact of the volume of tax revenues from the corporate income tax and individual income taxes on the level of the GDP of the United States. Results. In the short term, we observe a decrease in tax revenues and a subsequent increase in the budget deficit, in the long term – an increase in business activity of the country, a growth in foreign direct investment, and, consequently, an increase in the GDP. The paper offers a model for assessing the economic growth of the GDP of the United States, in which tax predictors were used in combination with macroeconomic indicators. Conclusions. The experience of the United States and the results of this study may be used by the governments of developing countries and experts in the field of taxation for tax policy development.

Delivering Mental Health Assistance in the Wake of Natural and Manmade Disasters

2019 ◽  
pp. 46-66
Author(s):  
Alec Cecil
Keyword(s):  
Mental Health ◽  
United States ◽  
The United States ◽  
Psychological Aspects ◽  
Cultural Environment ◽  
Disaster Mental Health ◽  
The World ◽  
Vital Component ◽  
The Impact

Disasters, both natural and manmade, seem to be occurring with increasing frequency in the United States and around the world. A single incident may affect many thousands of people. Collectively, many millions feel the impact of disaster every year. Addressing the psychological elements of such events has become recognized as a vital component of preparation, immediate response, and long-term recovery. This chapter reviews the major psychological aspects of disasters and disaster mental health (DMH) and highlights the importance of psychosocial assistance to survivors, responders, and others. DMH is designed to comfort and stabilize those affected, to promote effective coping, and to help maintain and restore inherent functioning. Factors that inhibit greater provision and utilization of these services are discussed, as is the importance of responding appropriately within the cultural environment of affected populations.

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