Search results for "Macroeconomic"
showing 10 items of 503 documents
Expanding Research Capacity at United States Universities: a Study of Academic Research and Development Investment from 1990-2005
2012
Growing emphasis has been placed on universities to contribute to the innovation process and as a result academic research and development expenditures have increased in recent years. Nevertheless, little is known about the specific ways in which universities have expanded their research capacity.This paper examines how universities in the United States (US) have expanded research capacity as research funding has increased. Specifically, it identifies what type of research infrastructure, including various categories of human capital and research equipment, are most closely associated with increased academic research funding. Using data from 375 US universities spanning the period 1990‐2005…
Using GATS Article II to Resort to Investment Arbitration
2020
It is widely known that links between international investment law and World Trade Organization (WTO) rules—which are part of competition law at the global level—are numerous. But is it possible to use a WTO rule to resort to investment arbitration? This is what a corporation from Luxembourg attempted to do recently as a consequence of a dispute arising from an investment made in the airport sector in Senegal. Since Luxembourg had no investment treaty with the investor’s host state, the claimant sought to establish the jurisdiction of an investment tribunal by combining the most-favoured-nation clause provided in General Agreement on Trade in Services (GATS) Article II and the investor-stat…
Customer segmentation based on commitment and ICT use
2009
PurposeThe purpose of this paper is to determine and characterize groups of retail customers, based on their perception of commitment to the retailer and the degree of use of its technological equipment.Design/methodology/approachA CHAID algorithm is performed and differences between the resulting segments are tested through the analysis of variance.FindingsFour segments are obtained that differ significantly in commitment to the retailer and level of use of the store's information and communication technology (ICT) facilities, as well as in other variables related to the retailer‐consumer relationship. In particular, customer segments differ in their use of retailers' payment facilities.Pr…
Crisis and restructuration in the Valencian metropolitan area
2015
En el presente artículo presentamos los resultados de un análisis de la estructura socioeconómica del Área Metropolitana de Valencia en 2011 que, en comparación a la existente en 2001, permite apreciar las tendencias recientes de reestructuración territorial. A continuación, se utiliza la tipología territorial hallada como patrón para el análisis de la dinámica reciente de la inversión industrial, una de las variables económicas que ha jugado un papel más importante en la formación del área metropolitana, y que desde distintas instancias viene siendo señalada como un factor estratégico de la recuperación económica. El análisis realizado muestra que, tanto en relación con la actividad indust…
Managing Emerging Information Security Risks during Transitions to Integrated Operations
2010
Paper presented at the 2010 43rd Hawaii International Conference on System Sciences (HICSS). (c) 2010 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other users, including reprinting/ republishing this material for advertising or promotional purposes, creating new collective works for resale or redistribution to servers or lists, or reuse of any copyrighted components of this work in other works. Paper also available from the publisher: http://dx.doi.org/10.1109/HICSS.2010.260 The Norwegian Oil and Gas Industry is adopting new information communication technology to connect its offshore platforms, onshore control centers and the suppliers. Th…
What drives German foreign direct investment? New evidence using Bayesian statistical techniques
2019
Abstract Despite the importance of Germany as an issuer of foreign direct investment (FDI), the studies analyzing its determinants are far from conclusive. This research contributes to filling this gap providing new evidence for the period 1996–2012. In order to reduce model uncertainty, we adopt a Bayesian model averaging (BMA) approach. We find that determinants associated with horizontal FDI appear to be dominant for explaining FDI in developed countries while for the group of developing countries covariates associated with vertical FDI motives play a larger role. Within Europe, while the majority of FDI is horizontally driven in “core” countries, in the “periphery” vertical motivations …
Participation and compensation claims in voluntary forest conservation: A case of privately owned forests in Finland
2009
Abstract A new market-based voluntary programme aimed at preserving forest habitats on private land has been implemented in Finland. This scheme is based on conservation by fixed-term agreements between forest owners and a governmental authority. In this study we examine the characteristics of forest owners and their properties that indicate the owners' willingness to participate in the programme. In addition, we analyse factors affecting the real compensation claims. The study uses a dual set of data from the pilot project, i.e. one data set supplied by the authority and another collected from the owners involved in the project. The results suggest that to increase the participation rate, …
The whip and the Bible : punishment versus internalization
2021
First published online: 27 August 2021 A variety of experimental and empirical research indicate that prosocial behavior is important for economic success. There are two sources of prosocial behavior: incentives and preferences. The latter, the willingness of individuals to “do their bit” for the group, we refer to as internalization, because we view it as something that a group can influence by appropriate investment. This implies that there is a trade-off between using incentives and internalization to encourage prosocial behavior. By examining this trade-off we shed light on the connection between social norms observed inside the laboratory and those observed outside in the field. For ex…
Debating Sound Money in Early Modern Europe: From Dualist to Metallic Monetary Systems
2019
International audience; In this paper, we present the monetary debates in Europe from the XVIth to the XVIIIth centuries from the viewpoint of the problem of good and sound money. The framework of the paper is built on a typology of monetary systems, by which a dualist system is distinguished from a metallic one. Under the dualist system, the value in units of account of the specie in circulation was defined by monetary proclamations (Einaudi locates this era from Charlemagne to the French Revolution). Metallist proponents aimed at preventing any kind of manipulations with a radical transformation of the system of payment, which gave birth to a metallic monetary system from the very end of …
Toeholds and takeover probability: implications for investment strategies
2009
PurposeThe purpose of this paper is to propose various toehold indicators and analyse whether the models incorporating these indicators can be used to establish investment strategies.Design/methodology/approachLogistic regression is used to test toehold indicator significance.FindingsThe results reflect that the designed measures are positively correlated to the likelihood of launching a takeover, although the power of the models to predict out‐sample takeovers is moderate, between 60.71 percent and 71.59 percent. The indicators allow us to design strategies which offer positive abnormal returns. In particular, abnormal return over the Fama‐French factors is 0.5 percent.Originality/valueToe…