Scholarly Works, Economics
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Browsing Scholarly Works, Economics by Content Type "Presentation"
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- Strategic Resource Dependence and Adoption of a Substitute under Learning-by-DoingBahel, Eric A.; Chakravorty, Ujjayant (Virginia Tech, 2013-06-28)There is ample evidence that the production of alternative sources of energy is subject to learning-by-doing. The present paper examines the implications of learning-by-doing in the bilateral resource monopoly studied by Gerlagh and Liski (2011). We derive the socially optimal use of both oil and the substitute, as well as the Markov-perfect equilibrium. Our results are qualitatively different from those of Gerlagh and Liski. We show that it may be socially efficient to discard part of the cheap oil stock. Interestingly, we find that, in the Markov-perfect equilibrium, the buyer curbs his consumption to conserve the oil stock owned by the seller.
- Women’s labour market participation and intimate partner violence in Ghana: A multilevel analysisOwusu-Brown, Bernice (Virginia Tech, 2023-09-14)In recent decades, the capabilities approach has emerged as the most pertinent theoretical framework for elucidating development, well-being, and justice. By emphasizing the multifaceted nature of human well-being, the capability approach advocates a broader perspective of development beyond mere economic growth. It underscores the necessity of considering various dimensions that contribute to the enhancement of human lives by assigning importance to freedom. One prevalent form of freedom violation is intimate partner violence, which stems from historically unequal power dynamics between men and women, resulting in the subjugation and discrimination of women by men and hindering the full realization of their potential. This profound restriction of freedom does not only violate their fundamental human rights but also jeopardizes their health, and, consequently, obstructs their active engagement in national economic and social development. The capability approach prescribes women’s empowerment as a remedy for curbing violence, as reflected in both conventional economic and non-economic models. These models forecast that women's engagement in the labor market enhances their bargaining power, leading to a decrease in intimate partner violence. However, in conflict are rather pessimistic models suggesting that women who earn more than their partners via their labor market participation are at risk of expiring increased partnered violence. Conscious of this bi-causal relationship and accounting for the potential endogeneity, I set out to empirically investigate the direction of association of this relationship within the Ghanaian context. Our key finding indicates that woman's work status significantly increases her likelihood of becoming a victim of partnered violence. I conclude that while there is a growing focus on creating job opportunities for women to foster gender equality and development, it is essential to consider and address the implications this may have on their safety and well-being.