Presidential inauguration tourism and hotel occupancy: Evidence from the Obama and Trump inaugurals

2020 ◽  
pp. 135481662095682
Author(s):  
Clay Collins ◽  
Joshua C Hall
Keyword(s):  
Fixed Effects ◽  
Barack Obama ◽  
Washington Dc ◽  
Donald Trump ◽  
Metro Area ◽  
March On Washington ◽  
Occupancy Rates ◽  
The Impact

This article examines the impact of the inaugurations of Barack Obama and Donald Trump on hotel occupancy in the Washington DC metro area. Using daily hotel data from 2010 to 2020 and controlling for multiple other major events along with day, week, and year fixed effects, we find substantial effects of presidential inaugurations on hotel occupancy. Daily occupancy rates around the inaugurations are four to six times higher than the next largest event in our sample. We also find evidence that inaugurations are multiple-day tourist events, with hotel occupancy rates seeing positive leads and lags. We find little difference in overall hotel occupancy impacts between the Obama and the Trump inaugurations, although the pattern differs due to the differences when in the week they occurred. Unfortunately, our results cannot separate the effect of the Women’s March on Washington from the Trump inauguration.

scholarly journals The impact of gunshots on place-level business activity

Crime Science ◽  
2021 ◽  
Vol 10 (1) ◽  
Author(s):  
Christina Stacy ◽  
Yasemin Irvin-Erickson ◽  
Emily Tiry
Keyword(s):  
Fixed Effects ◽  
Spatial Relationship ◽  
Gun Violence ◽  
Washington Dc ◽  
Business Activity ◽  
Panel Model ◽  
Detection Technology ◽  
Reported Crime ◽  
The Impact ◽  
Total Sales

Abstract Objectives Gun violence can negatively affect business activity at the place-level through a variety of mechanisms. However, estimating this effect is difficult since reported crime data are biased by factors that are also associated with business health. Despite some of its limitations, data from gunshot detection technology has been shown as a new valuable source of data on gun violence (Irvin-Erickson et al. in Appl Geogr 86: 262–273, 2017a). In this study, we use gunshot detection data to explore the spatial relationship between gunshots and business activity at the neighborhood level in Washington, DC between 2010 and 2012. Methods In this exploratory study, we create spatial buffers of 500 and 1000 feet around each block and sum up the total number of gunshots and business births, deaths, sales, and number of employees within these buffers each year and estimate a spatial fixed effects panel model. Results Gunshots within 1000 feet of a block increase the number of business deaths by 4.3% within that buffer on average, and gunshots within 500 feet of a block decrease the total number of service and retail businesses, the number of employees employed by businesses within that buffer, and total sales for those businesses (although not at a statistically significant rate). Gunshots on blocks with the lowest initial levels of gunshots increase business turnover and reduce the total number of businesses present by 0.5%, and gunshots on blocks with the highest initial levels of gunshots cause an increase in the number of business deaths by 7.5%. Conclusion Results suggest that efforts to improve distressed neighborhoods should target both areas with lower and higher pre-existing levels of gunshots.

Dampak Kebijakan Moneter Pada Output Di Negara-Negara ASEAN Tahun 1980-2014

2017 ◽  
Vol 4 (1) ◽  
pp. 58-70
Author(s):  
Nur Widiastuti
Keyword(s):  
Monetary Policy ◽  
Interest Rate ◽  
Fixed Effects ◽  
Empirical Studies ◽  
Negative Relationship ◽  
Least Square ◽  
Fixed Effects Model ◽  
State Data ◽  
Ordinary Least Square ◽  
The Impact

The Impact of monetary Policy on Ouput is an ambiguous. The results of previous empirical studies indicate that the impact can be a positive or negative relationship. The purpose of this study is to investigate the impact of monetary policy on Output more detail. The variables to estimatate monetery poicy are used state and board interest rate andrate. This research is conducted by Ordinary Least Square or Instrumental Variabel, method for 5 countries ASEAN. The state data are estimated for the period of 1980 – 2014. Based on the results, it can be concluded that the impact of monetary policy on Output shown are varied.Keyword: Monetary Policy, Output, Panel Data, Fixed Effects Model

Helter Skelter or All Together Now: Beatles songs associated with the last 2 U.S. presidents.

2020 ◽  
Author(s):  
Ger Rijkers
Keyword(s):  
Barack Obama ◽  
Donald Trump

With the aid of the Nexis Uni database of newspaper, magazine and online articles, an analysis was made of Beatles songs associated with either Barack Obama or Donald Trump. The Beatles song most often associated with Donald Trump is "Helter Skelter", for Barack Obama this is "All Together Now"

Comparative analysis of the trade policy of Barack Obama and Donald Trump

2020 ◽  
pp. 59-71
Author(s):  
V. Iordanova ◽  
A. Ananev
Keyword(s):  
United States ◽  
Economic Development ◽  
Comparative Analysis ◽  
Trade Policy ◽  
World Economy ◽  
The United States ◽  
Barack Obama ◽  
Scientific Article ◽  
Donald Trump ◽  
Entire World

The authors of this scientific article conducted a comparative analysis of the trade policy of US presidents Barack Obama and Donald Trump. The article states that the tightening of trade policy by the current President is counterproductive and has a serious impact not only on the economic development of the United States, but also on the entire world economy as a whole.

Residential Land Values in the Washington, DC Metro Area: New Insights from Big Data

2016 ◽  
Author(s):  
Morris A. Davis ◽  
Stephen D. Oliner ◽  
Edward Pinto ◽  
Sankar Bokka
Keyword(s):  
Big Data ◽  
Land Values ◽  
Washington Dc ◽  
Residential Land ◽  
Metro Area

scholarly journals Impact of Demographic Structure on Economic Development of Ukrainian Coastal Regions

2021 ◽  
Vol 13 (4) ◽  
pp. 1798
Author(s):  
Patrik Rovný ◽  
Serhiy Moroz ◽  
Jozef Palkovič ◽  
Elena Horská
Keyword(s):  
Economic Development ◽  
Fixed Effects ◽  
The Black Sea ◽  
Demographic Structure ◽  
Coastal Regions ◽  
Azov Sea ◽  
Economic State ◽  
Demographic Shifts ◽  
The Impact ◽  
Conflict Period

The main aim of our paper is to study peculiarities of two periods, i.e., the pre-conflict period (2004–2013) and conflict period (2014–2018), in the context of the impact of the demographic structure of the population on the economic growth and development of coastal regions of Ukraine. In the first step of the analysis, we investigate the relationship between the demographic shifts and selected economic indicators, using the Pearson’s correlation coefficient. In the next step of the analysis, we focus on the quantification of the impact of demographic indicators on the economic variables, based on the panel model with fixed effects. The received results confirm that the influence of the demographic stricture on the economic state of coastal regions changed significantly in the conflict period in comparison with the pre-conflict period, especially concerning income, unemployment, and the openness of the economy. Additionally, our findings show that while economic differences existed between the Azov Sea regions and the Black Sea regions in the pre-conflict period, they disappeared due to the economic deterioration of the Azov Sea regions during the conflict period. It is concluded that war affects adversely the population’s demographic structure, which inhibits the growth and economic development of Ukrainian coastal regions.

scholarly journals Cultural and Creative Cities and Regional Economic Efficiency: Context Conditions as Catalyzers of Cultural Vibrancy and Creative Economy

2021 ◽  
Vol 13 (13) ◽  
pp. 7150
Author(s):  
Silvia Cerisola ◽  
Elisa Panzera
Keyword(s):  
Fixed Effects ◽  
Local Context ◽  
Creative Economy ◽  
Fixed Effects Model ◽  
Creative Cities ◽  
Economic Output ◽  
Innovative Methodology ◽  
Holistic Conception ◽  
Panel Fixed Effects ◽  
The Impact

Following the hype that has been given to culture and creativity as triggers and enhancers of local economic performance in the last 20 years, this work originally contributes to the literature with the objective of assessing the impact of cultural and creative cities (CCCs) on the economic output of their regions. In this sense, the cultural and creative character of cities is considered a strategic strength and opportunity that can spillover, favoring the economic system of the entire regions in which the cities are located. Through an innovative methodology that exploits a regional production function estimated by a panel fixed effects model, the effect of cities’ cultural vibrancy and creative economy on the output of their regions is econometrically explored. The data source is the Cultural and Creative Cities Monitor (CCCM) provided by the JRC, which also allows the investigation of the possible role played by the enabling environment in catalyzing the action of cultural vibrancy and creative economy. The results are thoroughly examined: especially through cultural vibrancy, CCCs strategically support the output of their region. This is particularly the case when local context conditions—such as human capital and education, openness, tolerance and trust, and quality of governance—catalyze their effect. Overall, CCCs contribute to feeding a long-term self-supporting system, interpreted according to a holistic conception that includes economic, social, cultural, and environmental domains.

scholarly journals How Do the Timing and Duration of Courses Affect Participation in Adult Learning and Education? A Panel Analysis

2021 ◽  
pp. 074171362110190
Author(s):  
Fabian Rüter ◽  
Andreas Martin
Keyword(s):  
Adult Education ◽  
Adult Learning ◽  
Fixed Effects ◽  
Research Literature ◽  
Temporal Organization ◽  
Educational Institutions ◽  
Positive Effects ◽  
Matching Process ◽  
Education Participation ◽  
The Impact

Participation in adult learning and education requires the availability of, and accessibility to, learning opportunities provided by educational institutions. One fundamental element is time. Adult learning and education participation can only be realized by successfully matching individual time-availabilities with the temporal organization of provided courses. To address this required matching process, this study contributes to research literature as one of the first studies that investigates the impact of timing and course duration on participation counts (longitudinally). For this, we use organizational data from public adult education centers ( Volkshochschulen—VHS; the main adult education providers in Germany) from 2007 to 2017. Methodologically, random- and fixed-effects models are applied. We find significant positive effects on participation counts between increasing program breadth in terms of temporal formats and increasing average course duration.

Does gender diversity in supervisory boards affect gender diversity in management boards in Germany? An empirical analysis

2021 ◽  
pp. 239700222199714
Author(s):  
Dennis Fleischer
Keyword(s):  
Fixed Effects ◽  
Structural Equation ◽  
Gender Diversity ◽  
Supervisory Board ◽  
Board Members ◽  
Governance System ◽  
Management Board ◽  
Supervisory Boards ◽  
Gender Quota ◽  
The Impact

Social aspects like gender diversity in the boardroom are becoming increasingly relevant and are a popular topic of public debate in the context of gender equality in business. However, there is little clarity about the potential spill-over effects of gender diversity. Both theory and empirical results have led to ambiguous conclusions with respect to the effect of gender diversity in the supervisory board on gender diversity in the management board. In addition, it is not clear whether the German gender quota legislation positively affects this relationship. This study analyses whether gender diversity in the supervisory board supports the gender diversity of the management board, and whether this relationship is affected by the gender quota legislation, focusing on the unique case of Germany. To cope with endogeneity concerns, this study employs a cross-lagged panel model with fixed effects using maximum likelihood structural equation modelling. The results of the analysis of the impact of the number of female supervisory board members on the number of female management board members do not support the view of positive spill-over effects of gender diversity in the environment of the German two-tier corporate governance system. Furthermore, this study finds no evidence of an effect of the German gender quota on this relationship. JEL Codes G38, M12, M14, M51

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