Search results for "FINANCE"
showing 10 items of 4676 documents
Spread of franchising: a multinational comparison based on the notions of innovation diffusion
1998
Investigates the globalization of franchising through a discussion of the literature on innovation diffusion. Proceeds then to evaluate the globalization of format franchising in 31 countries, drawing data from Arthur Andersen’s multi‐national study. Finds that the USA has the greatest number of franchisors and franchisees, Japan seems to have a different franchise structure when compared to the other countries studied, and Israel is a franchising novice. Presents a number of tables, accompanied by notes of caution on analysing the statistics. Mentions briefly some examples of franchises. Refers the findings back to the literature review to assess how well they match the theoretical descrip…
Biproportional Method for Analysing Interindustry Dynamics: the case of France
1990
Two elements are being presented in this paper: (1) A new and original method for analysing matrix dynamics, called the synthetical biproportional projector method (SBP), which can be used to project input–output tables and compare one with another. (2) Some results for France for the important period 1970–85. The paper starts with the observation that no systematic study of the change in the French productive structure as displayed In the input–output tables (tableaux entries-sorties in France) has ever been made. This is unfortunate, since a complete series of data is now available concerning a key period of the French economic evolution including the petroleum crisis, European integratio…
Large‐scale set partitioning problems: Some real‐world instances hide a beneficial structure
2006
In this paper we consider large‐scale set partitioning problems. Our main purpose is to show that real‐world set partitioning problems originating from the container‐trucking industry are easier to tackle in respect to general ones. We show such different behavior through computational experiments: in particular, we have applied both a heuristic algorithm and some exact solution approaches to real‐world instances as well as to benchmark instances from Beasley OR‐library. Moreover, in order to gain an insight into the structure of the real‐world instances, we have performed and evaluated various instance perturbations. Didelės matematinės aibės dalijimo problemų sprendimas, nagrinėjant reali…
A general framework for the analysis of fiscal equalisation systems
2003
This paper shows that, despite the existing diversity of models of fiscal equalisation, there is a common underlying structure that links all of them. To this end, a framework of analysis sufficiently general so as to encompass the main schemes present in the literature is developed. This allows to uncover the common features of these schemes and to identify more readily the origin and nature of their differences. The formal approach is complemented with a numerical simulation of the models considered. The paper also shows the usefulness of the approach for reform policy and suggests two new models.
Is small and medium-sized beautiful? The structure and evolution of family SMEs research
2021
PurposeThe field of scientific research on small and medium-sized family businesses has been growing exponentially and the aim of this paper is to systematize the body of knowledge to develop an agenda for the future.Design/methodology/approachAdopting comparative bibliometric analyses on 155 articles (from 1989 until 2018) the authors provide a systematic assessment of the scientific research about small family firms, unveiling the structure and evolution of the field. Bibliographic coupling, co-citation analysis and co-occurrence analysis are adopted to identify the most influential studies and themes.FindingsFour clusters of research are reviewed: succession in family SMEs, performances …
Structure and Evolution of a European Parliament via a Network and Correlation Analysis
2016
We present a study of the network of relationships among elected members of the Finnish parliament, based on a quantitative analysis of initiative co-signatures, and its evolution over 16 years. To understand the structure of the parliament, we constructed a statistically validated network of members, based on the similarity between the patterns of initiatives they signed. We looked for communities within the network and characterized them in terms of members’ attributes, such as electoral district and party. To gain insight on the nested structure of communities, we constructed a hierarchical tree of members from the correlation matrix. Afterwards, we studied parliament dynamics yearly, wi…
Two non-zero solutions for Sturm–Liouville equations with mixed boundary conditions
2019
Abstract In this paper, we establish the existence of two non-zero solutions for a mixed boundary value problem with the Sturm–Liouville equation. The approach is based on a recent two critical point theorem.
Not all bull and bear markets are alike: insights from a five-state hidden semi-Markov model
2022
This paper employs the hidden semi-Markov model and a novel model selection procedure to detect different states in the US stock market. The empirical results suggest that the market is switching between five states that can be classified into three bull states and two bear states. The three bull states are categorized as a low volatility bull market, a high volatility bull market, and a stock market bubble. One of the bear states represents a regular bear market, while the other one corresponds to either a stock market crash or a market correction. The paper demonstrates that the five-state model is consistent with a number of stylized facts and provides many valuable insights into the dyn…
Some past and present challenges of econophysics
2016
We discuss the cultural background that was shared by some of the first econophysicists when they started to work on economic and financial problems with methods and tools of statistical physics. In particular we discuss about the role of stylized facts and statistical physical laws in economics and statistical physics respectively. As an example of the problems and potentials associated with the interaction of different communities of scholars dealing with problems observed in economic and financial systems we briefly discuss the development and the perspectives of the use of tools and concepts of networks in econophysics, economics and finance.
The Education Production Function reviewed in the framework of Education For All in Sub-Saharan Africa: from theoretical and methodological bounds to…
2007
The Coleman report (1966) was the first of numerous researches exploring quality of learning determinants analysis. With the Education Production Function (EPF), economists have greatly contributed to the extension of this research domain. Actually, empirical works are leading the field with important methodological debates which have fuelled controversies (Hanushek, 2003; Krueger, 2003). Thus, methodological issues have particularly rallied researchers' interests on empirical estimations, while academic researches on the renewal of the theoretical framework have remained scarce despite obvious bounds. Without contesting the validity of miscellaneous estimation problems and the necessity of…