Data Science Research
Brands v. Generic
The idea behind consumer information theory is not that consumers are fully aware of all the events in the market to the extent that they can verbalize the actions of firms verbatim, but to show that actions such as branding as a form of sales promotion is a form of investment, which makes deception less likely on the part of the firm. In conclusion it can be argued that consumer information theory has presented us with a body of literature that highlights specific conditions under which people are more likely to buy brand names than their generic counterparts.
Efficiency Wage Theory and Healthcare Contracts
The Efficiency Wage Theorem (EWT) suggests that worker productivity is elastic in response to wages; in other words, if paid more, more motivated workers will take self-organizing actions to increase their rate of work.
Data Science Challenges
Privacy issues and information sabotage will affect affect the quality of valuable input in data science. What does this mean for forecasting?
Experimental Design in Damage Calculations
There are several means of awarding damages. The purpose of this paper is to discuss two experimental designs—difference-in-difference (DID) and propensity score matching (PSM) models—as they apply to damage awards.
A Statistical Analysis of Public Sector Corruption
and Economic Growth
The purpose of this study is to apply empirical methods to the debate on corruption and growth, in which neoclassical theory predicts that corruption retards growth but in which other models, such as Lewis growth and the Kuznets Curve, suggest that corruption may actually speed up growth in underdeveloped countries.
Exploring a Path between Market Valuation, Gross Domestic Product and Number and Value of Announced Mergers & Acquisitions in the U.S.: 1985-2013
This paper indicates that there is much that needs to be done in order for us to be able to understand the relationships that currently exist between the activities in our economy and the climate that exists for merger and acquisition activities.
Infidelity Study
Analysis of infidelity seems to be centered on issues relating to family and changes in the family structure. However recent literature has focused somewhat on how marriage affects economy with a plethora of work concentrating on how divorce affects the psychological, social, and economic structure of a society. Another area of growing interest is the overall effect that infidelity has on growth and development i.e. GDP. There seems to be the general consensus that infidelity is harmful to economy and can have detrimental effects via the social and psychological negative externalities. However, there are certain changes in the labor market composition, marriage and relationship structure, and related economic changes that could have a positive effect on GDP. This study will examine how these variables interact and provide an understanding of how infidelity affects GDP using data from the United States measured within a robust economic model.
Corruption in South Korea
This essay provides an explanatory framework for political and economic corruption in South Korea based on two principles: (a) The efficiency-equity tradeoff inherent in rapid manufacturing growth in developing countries and (b) path dependency. The analysis focuses on the interconnectedness of political and economic corruption in South Korea and provides some counter-evidence against the hypothesis, advanced by several prior theorists, that South Korean corruption is solely or primary socio-cultural.
Financial Development and Institutions
What is the relative importance of institutions that support private contracts versus those that limit expropriation?
Economics, Data, and Prediction
To sum up everything, in this article we will firstly discuss the role of economics and data science separately and ultimately the discussion would lead to the combination of the duo.
Is Data a Club Good?
Data considered in the light of private or club goods would have to be excludable. In these contexts, the concept of excludability has to be understood in a more complex manner than is the case with traditional goods, services, and spaces.
Selective Publication/Features/Presentations
“Remittances and CO2 emissions in Jamaica: An asymmetric modified environmental Kuznets curve.” The Journal of Economic Asymmetries, Volume 22, November 2020, e00166. https://doi.org/10.1016/j.jeca.2020.e00166
“On the use of exchange rate models in damage compensation calculations” (The Earnings Analyst, 17, 2021).
“Remittances and Reverse Flows in Jamaica”’, Journal of Development Area, 55, 4, 211-233 (2021).
“Re-examining the Tourism-GDP Nexus in the Caribbean: A Pooled Mean Group Approach” (pending/in review).
“The Remittance-food Security Dynamics in Jamaica”. Applied Economics (2022). https://doi.org/10.1080/00036846.2022.2061901.
“The Energy Consumption-Growth Nexus in Jamaica: Does Globalization Matter?” forthcoming chapter in Energy Growth Nexus in an Era of Globalization, edited by Professor Muhammad Shahbaz.
“Is the impact of financial development on energy consumption in Jamaica asymmetric”? International Journal of Energy Sector Management (Forthcoming).
“The impact of financial development on carbon dioxide emissions in Jamaica”. Environmental Science and Pollution Research (Forthcoming).
“40 Under forty Honoree.” National Association of Certified Valuators and Analysts (NACVA)
“Applying the Efficiency Wage Theorem to Healthcare Contracts.” California Healthcare News (June 2011)
“Supply function for Violent Crime in Jamaica: 1970 – 2000.” Caribbean Journal of Criminology and Social Psychology (2001)
“A Statistical Analysis of Public Sector Corruption and Economic Growth.” Guanajuato Workshop (August 2011)
“Expert Witness of the Year – California” – Corporate America Magazine Feature (2016)