THE IMPACT OF COVID-19 ON THE ECONOMY OF NEW MEXICO: THREE SCENARIOS
Ali Arshad New Mexico Highlands University ABSTRACT This study estimates the potential impact of another rise in COVID-19 on the economy of New Mexico. Tracing changes in final demands in 220 key sectors, the consequences are assessed based on three scenarios: low, medium, and high contractions representing the equivalent of one, three, and six months […]
CONSUMER LOYALTY TO INTERNATIONAL BRANDS AS AN IMPEDIMENT TO THE ECONOMIC REVITALIZATION POLICIES OF THE ISLAMIC REPUBLIC OF IRAN
Farrokh Safavi Western Washington University – Tehran University ABSTRACT The Iranian government’s disappointment with liberal trade strategies has led to the introduction of protectionist policies amidst a backdrop of global economic sanctions. Policy initiatives used to promote domestic products under the pretext of “enhancing national production and employment” have not received broad consumer support, as […]
EVALUATING ECONOMIES OF SCALE IN THE TEXTILE, APPAREL, AND ACCESSORIES INDUSTRY
Shubha Bennur D.K. Malhotra Thomas Jefferson University ABSTRACT This study investigates economies of scale in the textile, apparel, and accessories industry from 2015 to 2019, using a translog cost function model to evaluate the cost efficiencies of 35 textile, apparel, and accessories companies. Company size was measured by total assets managed. We also analyzed the […]
THE IMPACT OF RECALIBRATION ON CREDIT RATINGS: THE ASYMMETRIC TREATMENT ACROSS TYPES AND SIZES OF LOCAL GOVERNMENT IN THE U.S.
Julie Anna Golebiewski George Palumbo Mark P. Zaporowski Canisius College ABSTRACT Following years of criticism that credit rating agencies had undervalued the credit- worthiness of local governments, Moody’s and other agencies recalibrated their ratings from a relative to a global scale. The rescaling affected the credit ratings of most local governments, but little attention has […]
DETERMINATION OF FOREIGN DIRECT INVESTMENT CAUSATION AND SHOCKS: EMPIRICAL EVIDENCE FROM NIGERIA
Chinedu B. Ezirim Ucheoma I.Ezirim University of Port Harcourt, Nigeria ABSTRACT This study set out to unravel the actual causal variables of foreign direct investment inflow in Nigeria using current data for the (1986–2018) periods that synchronizes with the advent of the comprehensive structural adjustment program of 1986. Use was made of the generalized linear […]