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The growth of nonemployer businesses as a share of the working-age population has been little studied relative to the decline of employer business rate in the United States. We show that local labor markets specializing in routine task-intensive jobs have experienced a higher adoption of information technology as well as the growth of nonemployer businesses primarily through increasing self-employment in nonroutine manual task-intensive jobs that are less frequently outsourced to business service firms. © 2024 Wiley Periodicals LLC.
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COVID-19 pandemic has affected people’s daily life dramatically since December 2019. More than 211 million cases and 4.42 million deaths have been reported and confirmed all over the world. Long-term care facilities are taking the biggest hit during this pandemic, even after the spread-out of the vaccines. Globally, residents in long-term care facilities have experienced disproportionately high morbidity and mortality from COVID-19. Elderlies residing in long-term care facilities have the greatest susceptibility to COVID-19 and the poorest outcomes from infections. This chapter overviewed the insight, impact, and challenges of COVID-19 on the residential care homes in UK, US, and Australia and provided possible implications for the long-term care market post-pandemic.
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This paper presents a study on 80 countries that evaluates the socioeconomic factors in containing the spread and mortality of COVID-19. Our results show that the long-term social factors such as lower personal freedom, better education in science, and past coronavirus outbreak experience are more effective than the economic factors such as higher healthcare-associated factors per 1000 population and larger GDP. However, using GDP per capita as the instrumental variable, we also find that the richer countries with a high degree of personal freedom have a higher number of infection or death cases per million population because they would be less likely to adhere to and implement the policy of the movement restrictions to restrict their access to goods and services.
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This paper examines the performance of two state-owned airlines: Ethiopian Airlines and Ghana Airways. While Ethiopian Airlines continues to operate successfully, the other airline has gone out of business. In an industry characterized by heavy competition and a high rate of failure, the success of the state- owned Ethiopian Airlines is intriguing. The evidence shows that Ethiopian Airlines outperforms the industry on some important benchmarks. These findings suggest that being a state enterprise is not necessarily a characteristic that leads to failure. Corporate culture and governance appear to be important factors in the success of Ethiopian Airlines.
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The paper estimates the determinants of the growing volume of bilateral environmental aid for the mitigation of climate change using an empirically testable multilateral framework in which both donors and recipient countries compete in world export markets. As the potential donors weigh environmental benefits against the economic costs of providing aid, strategic interactions between the donors and the recipient countries as well as among the donors, influence the evolution of environmental aid. The paper shows that while the volume of bilateral environmental aid increases with the recipient country’s credible environmental commitment and bilateral trade volume, the competitive pressure in the export market reduces bilateral environmental aid. Free-riding incentives prevail among the individual donors, whereas the multilateral environmental aids that aim to restore the loss of global environmental resources without altering individual trade competitiveness can increase bilateral environmental aids.
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Disruptive technological changes, including carbon capture and storage, can have macroeconomic rebound effects that pose a threat to long term environmental sustainability when not accompanied by pollution taxes. The paper demonstrates that when the elasticity of intertemporal substitution is less than one, implementing a Pigouvian tax effectively stabilizes pollution emissions, regardless of technical and consumption elasticities of substitution. However, if the elasticity of intertemporal substitution exceeds one, flexibility in technical or consumption substitution could cause sustainable growth to falter. The policy implications concerning the role of subsidies for clean technology are discussed.
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Free trade agreements (FTAs) have mushroomed in the Asia-Pacific region over the past fifteen years. The Philippines is trying to forge several of these agreements in order to stay competitive. This paper examines the emergence of the Association of South East Asian Nations (ASEAN) as well as the ASEAN Free Trade Agreement. This paper will discuss the advantages for the country by joining both the AFTA and the Japan Philippines Economic Partnership Agreement. It will also discuss several free trade agreements that are in effect in the region as well as efforts by the country to join the Trans-Pacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RCEP). For the country to be a member of the TPP certain institutional reforms are needed to be put in place. The studies examined in this paper show that these FTAs in general have a positive effect on the Philippine economy.
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Developed and used Monte Carlo simulation models to test the effects of system moise and bribery on collective decision rules. He wrote simulation software, ran the simulations after debugging the software, analyzed the results and wrote a research paper, and presented the paper at the annual conference of the Eastern Economic Association. The paper will be published next year.
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