Effect Of Financial Resources Research Articles

The Effect of Financial Resources on Misconduct: Evidence from Lottery Ticket Sales

We investigate the influence of financial resources on a firm’s propensity for misconduct. Previous studies offer conflicting predictions regarding the relationship, and much of the empirical evidence suffers from issues like selection, measurement error, reverse causality, and omitted variable bias. Leveraging a difference-in-differences design, we first examine quasirandom fluctuations in retailers’ financial resources resulting from large windfalls from selling winning lottery tickets. Our results suggest that an increase in financial resources from selling a large winning lottery ticket reduces retailers’ tobacco sales to minors. Next, to rule in strain theory and to rule out alternative explanations, we leverage a second natural experiment, heterogeneity analysis, an alternate measure of misconduct, and an online randomized experiment. In doing so, we provide plausibly causal evidence on the relationship between a firm’s financial resources and its propensity for misconduct and provide potentially useful findings for policymakers and regulators. Funding: This work was supported by the Blake Family Fund for Ethics, Leadership, and Governance at Purdue University. Supplemental Material: The online appendix is available at https://doi.org/10.1287/orsc.2023.17541 .

Credit Cultivation: A deep dive into the harmonies and dissonances of Macroeconomics impact on agricultural financing practices in Djibouti

In this study, we investigate the impact of selected macroeconomic factors on agricultural financing practices in Djibouti. Therefore, the objective of this study is to understand how these factors influence the accessibility, distribution, and effectiveness of financial resources within the agricultural sector. To achieve this objective, we employed Autoregressive Distributed Lag (ARDL) and Wavelet Coherence Analysis on an annual dataset covering a span of 25 years, ranging from 1998 to 2022. The findings reveal that factors such as inflation, diminishing rural population, economic growth, and the institutional framework of the country exert negative pressures on the availability of funding for agriculture. However, amidst these challenges, we find that official development assistance serves as a positive mitigating factor, offering crucial support to the agricultural sector. These findings hold significant implications for policymakers in Djibouti by providing valuable insights into how to develop targeted interventions to support farmers, increase access to credit, and improve agricultural productivity, as it lays the foundation for investments in food security, technology adoption, and climate-resilient practices.

The Effect of Financial Resources on Homeownership, Marriage, and Fertility: Evidence from State Lotteries

The Effect of Financial Resources on Homeownership, Marriage, and Fertility: Evidence from State Lotteries

The Effect of Financial Resources on Fertility: Evidence from Administrative Data on Lottery Winners

The Effect of Financial Resources on Fertility: Evidence from Administrative Data on Lottery Winners

ASSESSMENT OF FINANCIAL RESOURCES ON SEAPORTSAND AIRPORTSSTRATEGIC PROJECTS DEVELOPMENT PERFORMANCE IN ZANZIBAR TANZANIA

The study aimed at assessing thefinancial resource challenges facing airports and seaports development projects in Zanzibar. However, there was inadequate information on howfinancial resources determines the performance of airports and seaports development projects in Zanzibar. The study adopted positivism research philosophy, explanatory, and descriptive cross-sectional research designs. Also, quantitative data were collected by the use of questionnaires. The questionnaire was administered to 214 respondents all randomly drawn from the five projects selected in Zanzibar. Multiple linear regression models were used to analyse and test the hypotheses. The study found that the effect of financial resources on the performance has a positive contributed to the performance of airport and seaports development projects. The study recommends that the government should enforce and strengthen the policy on acquisition of financial budgetary allocation for public development projects.

Parental Resources and College Attendance: Evidence from Lottery Wins

We examine US children whose parents won the lottery to trace out the effect of financial resources on college attendance. The analysis leverages federal tax and financial aid records and substantial variation in win size and timing. While per-dollar effects are modest, the relationship is weakly concave, with a high upper bound for amounts greatly exceeding college costs. Effects are smaller among low-SES households, not sensitive to how early in adolescence the shock occurs, and not moderated by financial aid crowd-out. The results imply that households derive consumption value from college, and household financial constraints alone do not inhibit attendance. (JEL G51, I22, I23, I24, I26, I28, J24, J31)

Parental Resources and College Attendance: Evidence from Lottery Wins

We examine U.S. children whose parents won the lottery to trace out the effect of financial resources on college attendance. The analysis leverages federal tax and financial aid records and substantial variation in win size and timing. While per-dollar effects are modest, the relationship is weakly concave, with a high upper bound for amounts greatly exceeding college costs. Effects are smaller among low-SES households, not sensitive to how early in adolescence the shock occurs, and not moderated by financial aid crowd-out. The results imply that households derive consumption value from college and household financial constraints alone do not inhibit attendance.

Parental Resources and College Attendance: Evidence from Lottery Wins

We examine U.S. children whose parents won the lottery to trace out the effect of financial resources on college attendance. The analysis leverages federal tax and financial aid records and substantial variation in win size and timing. While per-dollar effects are modest, the relationship is weakly concave, with a high upper bound for amounts greatly exceeding college costs. Effects are smaller among low-SES households, not sensitive to how early in adolescence the shock occurs, and not moderated by financial aid crowd-out. The results imply that households derive consumption value from college and household financial constraints alone do not inhibit attendance.

ОЦЕНКА ЭФФЕКТИВНОСТИ ИСПОЛЬЗОВАНИЯ ФИНАНСОВЫХ РЕСУРСОВ МЕДИЦИНСКИХ ОРГАНИЗАЦИЙ

In the context of the Moscow healthcare reform that has been carried out in recent years, the issues of evaluating the effectiveness of financing the healthcare system and the performance of medical organizations in providing medical care to the population are particularly relevant. Given the limited public resources allocated to the health sector, the quality of management of available financial, human and material resources is becoming more important. The article considers the application of the method of assessing the quality of resource management, introduced in Moscow since 2016, and its results in terms of evaluating the effectiveness of financial resources. It is revealed that the effectiveness of financial resources management is influenced by certain indicators that characterize the organization of management of the main activities of a medical organization.

Effect of Financial Resources in Agriculture Production of Nepal

This study aims to assess the effect of different financial resources such as government expenditure, foreign grant, foreign loan and bank loan in agriculture production of Nepal. For this study six different productions: Wheat, Paddy, Sugarcane, Potatoes, Milk and Egg have been analysed. this study aims to cover the relation of the existing financial resources with the agriculture production using the secondary data from 2003 till 2014 Also related secondary data collected from previous research were analysed to verify the hypothesis and thus structuring the research work. The foreign grant and bank loans have both positive and negative impact on the agriculture production, as in some agriculture production it has significant positive relation whereas in some agriculture production it has negative relation. Out of all the financial resources the foreign loan provided in the agriculture sector has not been able to significantly impact the agriculture sector as none of the production is highly positively significant to the foreign loan. Hence, this study has analysed the different sources of financial resources and its effect on the agriculture production.

Exploring Life Satisfaction Among Subsistence Migrant Consumers: A Case in China

This paper adds a new dimension of mobility among subsistence consumers to investigate their well-being during the process of rural-urban migration. Using social production function (SPF) theory as the theoretic perspective and a mixed method, the authors identified three essential drivers which influence the life satisfaction of subsistence migrant consumers, i.e., financial resources, social connection, and sense of control which also mediates the relationship between social connection and the well-being produced. Findings also show that family closeness and social comparison orientation moderate the main effects of financial and social resources on life satisfaction. Family closeness enhances the positive effect of financial resources, while social comparison weakens the positive effect of social connection. This research contributes to the literature of subsistence consumers by introducing social production function theory into subsistence marketplace and adopting a mixed approach to uncover the compl...

Determinants of Financial Inclusion Strategies Adoption by Savings and Credit Cooperatives in Kirinyaga County

This study sought to analyse determinants of adoption of financial inclusion strategies in SACCOs in Kirinyaga County. Specifically, the study sought to analyze the effect of financial resources, and loan repayment on adoption of financial inclusion strategies. The study was guided by the theory of the firm and information asymmetry theory. The target population was SACCOs in Kirinyaga County. Purposive sampling was conducted to recruit study a sample of 246 persons. Primary and secondary data were collected. Descriptive methods (frequencies, percentages, mean and standard deviation) were used to analyse data. Regression analysis was conducted to assess relationships between variables and test hypotheses. Findings were presented in the form of tables and figures. ANOVA test revealed that selected variables were significant (p=0.00) to financial inclusion in SACCOs. The findings indicated that the variables under investigation contributed 63% to financial inclusion. The findings showed that financial resources (p=0.00) and loan repayment (p=0.00) were all significant at 95% confidence level. The study concluded that the determinants of financial inclusion in order of magnitude are financial resources and loan repayment. The study recommended that more SACCOs should embrace utilization of credit reference bureau.

Street Smart Economic Decision-Making Among Urban Street Dwellers

This study provides first field evidence on the effect of financial resources on real economic decisions. A sudden increase in inventory costs tightens consumption budgets in a population of self-employed vendors of a Big Issue-type “street paper”. After the budget shock, vendors become more responsive to expected demand in their stock-up decisions, and increase their inventory turnover. The timing of the behavior changes is consistent with the tightening budget having a causal impact on vendors’ decisions. My findings suggest that binding budget constraints are unlikely to drive the results, indicating that cognition-related factors may be important in explaining the economic decisions of those who have little.

SPENDING WISELY? HOW RESOURCES AFFECT KNOWLEDGE PRODUCTION IN UNIVERSITIES

Every year billions of dollars are spent on research grants to produce new knowledge in universities. However, as grants may also affect other research funding, the effects of financial resources on knowledge production remain unclear. To uncover how financial resources affect knowledge production, we study the effects of research spending itself. Utilizing the legal constraints on university spending from an endowment we develop an instrumental variables approach. Our approach instruments for university research spending with time‐series variation in stock prices interacted with cross‐sectional variation in initial endowment market values for research universities in the United States. Our analysis reveals that research spending has a substantial positive effect on the number of papers produced, but not their impact. We also demonstrate that research spending effects are quite similar at private and public universities. (JEL H5, I2, O3)

The Effects of Financial Resources on Test Pass Rates: Evidence from Vermont’s Equal Education Opportunity Act

This article explores the impact of changes in financial resources on student performance under Vermont’s Equal Education Opportunity Act (Act 60). Under Act 60, per-pupil resources changed from year to year for many Vermont towns. This article asks whether these changes in resources were associated with changes in student performance as measured by pass rates on standardized tests. Using annual data on spending at pass rates, fixed effects and instrumental variables estimation techniques are employed. Changes in town spending under Vermont’s Act 60 may have had a positive impact on fourth-grade math pass rates. However, these spending changes did not significantly affect reading or writing pass rates. There is suggestive, but inconclusive, evidence that additional resources were more effective at increasing test score pass rates in initially low-spending schools. There is not, however, any evidence that money was more effective in schools that were initially low achieving.

The effect of financial resources on the products and the careers of Dutch filmmakers

This paper gives the results of a research project on how Dutch filmmakers practiced their profession during the period 1960–1983. The focus is on the conditions under which a number of them succeeded in pursuing their activities on a continuous basis. The two major research questions are (i) what were the socioeconomic conditions under which Dutch filmmakers developed their activities into a profession? (ii) what is the contribution of Dutch filmmakers to the professionalization of their activities? Practicing a profession means that activities are undertaken on a continuous basis. A professional filmmaker was defined in this research project as a person who has spent at least half of his or her career on making films. This means that there are financial resources, the possibility of receiving training for a future profession and that there is a union that unites most professionals. The development of professional careers shows differentiated patterns. In part, these points of view have also been developed within the sociology of professions and the sociology of culture. It should be noted, however, that very few studies in either field recognize the central role of financial resources in the development of (artistic) activities into a profession. One of these studies is La naissance de l'écrivain by Alain Viala.