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Author : Stephen Ross Yeaple
Publisher :
ISBN 13 :
Total Pages : 180 pages
Book Rating : 4.:/5 (89 download)
Download or read book Three Essays on the Structure of Multinational Production written by Stephen Ross Yeaple and published by . This book was released on 2000 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Sanjaya Lall
Publisher : Springer
ISBN 13 : 1349052280
Total Pages : 271 pages
Book Rating : 4.3/5 (49 download)
Download or read book The Multinational Corporation written by Sanjaya Lall and published by Springer. This book was released on 1983-05-26 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Natalia Ramondo
Publisher :
ISBN 13 :
Total Pages : 212 pages
Book Rating : 4.:/5 (712 download)
Download or read book Two Essays on Multinational Production written by Natalia Ramondo and published by . This book was released on 2006 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Namhoon Kwon
Publisher :
ISBN 13 :
Total Pages : 288 pages
Book Rating : 4.F/5 ( download)
Download or read book Three Essays on the Theory of the Firm written by Namhoon Kwon and published by . This book was released on 1997 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Maxwell Tuuli
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (11 download)
Download or read book Three Essays on the Economics of International Firms written by Maxwell Tuuli and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "This thesis contains three distinct chapters that seek to address topics related to international trade and the organizational structure adopted by international firms. The first essay investigates the role of uncertainty in the choice of organizational structure adopted by a firm. Specifically, we study the decision to either vertically integrate or outsource production of intermediate inputs. We propose a model of incomplete contracting and unequal bargaining à la Antràs and Helpman (2004), where we incorporate demand uncertainty by assuming that firms do not know the industry demand they face before making production decisions. We find that, in the presence of demand uncertainty, firms engage more in vertical integration compared to when they know the industry demand with certainty. We also find in the theoretical model that, under uncertainty, vertical integration tendency is less strong in more capital-intensive industries. We empirically test the predictions of the model by using industry-level data from the manufacturing sector in the US and find results consistent with the implications of the model. Re-shoring, the practice of bringing manufacturing and services back to the U.S. from overseas, has become a noticeable phenomenon of some US firms especially in the past decade. In the second essay we explore the reason for this observed pattern in the US. We develop a simple theoretical model that incorporates several elements of incomplete contracts and unequal bargaining power between upstream and downstream firms. We show in this paper that an increase in bargaining power of Northern firms relative to that of their Southern contractors can trigger re-shoring if the North-South wage differential is moderate, but increases offshoring if the wage differential is very high. The third essay explores the relationship between outsourcing and the export status of firms using data from over 30 emerging and developing countries in Europe. We first develop a theoretical model that links outsourcing to the decision by firms to exportfinal output. Participating in outsourcing leads to an increase in total efficiency level of firms, which is important for export market participation. Our empirical analyses reveal that firms that engage in outsourcing are more likely to export their final output. We also find that, these firms export a higher proportion of their final output compared to firms that do not engage in outsourcing." --
Author : Byong-Ju Lee
Publisher : Stanford University
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.F/5 ( download)
Download or read book Three Essays in International Finance written by Byong-Ju Lee and published by Stanford University. This book was released on 2011 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis consists of three essays on international finance. The first essay is "Exchange rates and Fundamentals". A new open interest rate parity condition that takes account of economic fundamentals is developed from stochastic discount factors (SDFs) of two countries. Through this parity condition, business cycles or fundamentals are linked to exchange rates. Key empirical findings from this parity condition are as follows. First, this model beats the random walk hypothesis: economic fundamentals explain exchange rate movements for high interest rate currencies. Exchange rates of low interest rate currencies act like a random walk because they are less correlated with fundamentals owing to their low risk. For example, U.S. business cycles explain the direction of changes in exchange rates against the dollar. The same thing is true for Japan. Second, this model resolves the forward premium puzzle: the forward premium puzzle is not a general characteristic as regarded in previous studies. It happens when the risk awareness of investors is low, during economic expansions and for low risk currencies. The second essay is "Carry Trade and Global Financial Instability". Carry trade, an opportunistic investment strategy that takes advantage of interest rate differential across countries, is identified the cause of the large-scale depreciations of peripheral currencies in the later half of 2008. A simultaneous equations model, which is derived from a conceptual partial equilibrium model for a local foreign exchange market, is estimated from a cross-sectional sample. The results suggest that the larger appreciation of the yen than the dollar was brought about by a lack of the local supply of the yen rather than a more severe crunch of yen credits. The third essay is "The Economic Origin of Letters of Credit". This essay discusses the economic origin of letters of credit, an instrument widely used in international trade. A game theoretical analysis shows that letters of credit improve efficiency in trade settlements, increasing returns in trade. A few notable facts on letters of credit are discussed. First, the new institution is adopted by merchant banks to maximize their profits and in the process, an improvement in efficiency of international transactions is obtained. Second, the organization established by the legacy institution, bills of exchange, played a critical role in adopting the new institution. Third, the legal enforcement is not essential in this economic institution. Finally, two drivers are identified that improve efficiency of transactions: concentration and projection.
Author : Ting Gao
Publisher :
ISBN 13 :
Total Pages : 332 pages
Book Rating : 4.3/5 (91 download)
Download or read book Three Essays in International Trade and Investment written by Ting Gao and published by . This book was released on 1998 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Vibhas Madan
Publisher :
ISBN 13 :
Total Pages : 316 pages
Book Rating : 4.3/5 (129 download)
Download or read book Three Essays on the Theory of Multinational Firms written by Vibhas Madan and published by . This book was released on 1989 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Christopher Johann Kurz
Publisher :
ISBN 13 :
Total Pages : 288 pages
Book Rating : 4.3/5 (91 download)
Download or read book Three Essays in International Economics written by Christopher Johann Kurz and published by . This book was released on 2005 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Francis Goskowski
Publisher : Strategic Book Publishing
ISBN 13 : 1622123182
Total Pages : 175 pages
Book Rating : 4.6/5 (221 download)
Download or read book Three Essays and Three Revolutions written by Francis Goskowski and published by Strategic Book Publishing. This book was released on 2012-06-07 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you have ever wondered why American Catholics and American Protestants in the mainline denominations in 2011 believe and worship in very similar ways; why Democrats and Republicans accept the necessity of governmental intervention to secure the "safety net" of services citizens may need to access at various times in their lives; and why average American workers in their pivotal role as producers and consumers of goods and services "own" the nation's economy; Three Essays and Three Revolutions is the book for you.Author Francis Goskowski argues that Martin Luther, Jean-Jacques Rousseau, and Karl Marx, three "Founding Fathers" of the modern world, are responsible for the "big ideas" that have shaped current thinking in religion, politics, and economics. By closely examining one important work of each thinker, the author shows how the revolutionary concepts Luther, Rousseau, and Marx advanced, provoked fierce opposition within the prevailing order, but ultimately gained acceptance in all circles, evidenced by the fundamental agreement on religious liberty, civic equality, and economic justice apparent throughout the Western world today.This eloquently written, thought-provoking, and sensibly priced collection of essays...is timely and long overdue. Three Essays and Three Revolutions is the sort of wonderful book of which any aspiring writer might wish to claim authorship. I am sure that it will be wisely read, thoughtfully debated, and much treasured in the years ahead. - John Quentin Feller, Ph.D., K.H.S., former professor of history and historical consultant to the late Cardinal Lawrence J. Shehan and retired Cardinal William H. Keeler, 12th and 14th Archbishops of Baltimore respectively.
Author : Margarita M. Kalamova
Publisher : Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
ISBN 13 : 9783631621394
Total Pages : 131 pages
Book Rating : 4.6/5 (213 download)
Download or read book Essays in International Trade and Public Economics written by Margarita M. Kalamova and published by Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften. This book was released on 2012 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays of this book are contributions to the empirical Literature in International Trade and Public Economics. They deal with the relationship between the structure and quality of the public sector and the process of economic integration. Two of the essays add to the empirical determinants of trade and foreign direct investment (FDI) and to the numerous applications of the theory of government decentralization. Decentralization tends to discourage inward FDI and domestic trade and to increase imports and exports. A third essay focuses on the effect of governments' intangible assets - such as consumer perceptions about countries and products from these countries - on FDI. A country's nation brand is shown to have a significant and large positive effect on investment flows.
Author : Martin Shubik
Publisher : MIT Press
ISBN 13 : 9780262693110
Total Pages : 472 pages
Book Rating : 4.6/5 (931 download)
Download or read book The Theory of Money and Financial Institutions written by Martin Shubik and published by MIT Press. This book was released on 1999 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.
Author : Gaofeng Han
Publisher :
ISBN 13 :
Total Pages : 380 pages
Book Rating : 4.:/5 (321 download)
Download or read book Three Essays in International Economics written by Gaofeng Han and published by . This book was released on 2001 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mauro Baranzini
Publisher : CUP Archive
ISBN 13 : 9780521345163
Total Pages : 376 pages
Book Rating : 4.3/5 (451 download)
Download or read book The Economic Theory of Structure and Change written by Mauro Baranzini and published by CUP Archive. This book was released on 1990 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: This wide-ranging 1991 inquiry into the general field of structural economic analysis provides a thorough appraisal of the method of economic dynamics.
Author : Pablo Javier Klein
Publisher :
ISBN 13 :
Total Pages : 404 pages
Book Rating : 4.:/5 (34 download)
Download or read book Three Essays in International Economics Applied to the Mexican Economy written by Pablo Javier Klein and published by . This book was released on 2002 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Philip A. Klein
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781958766
Total Pages : 428 pages
Book Rating : 4.9/5 (587 download)
Download or read book Economics Confronts the Economy written by Philip A. Klein and published by Edward Elgar Publishing. This book was released on 2006-05-25 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: Takes a look at contemporary economic analysis, and presents a view of the state of economics.
Author : Barbara V. Swovelin
Publisher : Houghton Mifflin Harcourt
ISBN 13 : 0544179609
Total Pages : 337 pages
Book Rating : 4.5/5 (441 download)
Download or read book CliffsNotes AP English Language and Composition, 4th Edition written by Barbara V. Swovelin and published by Houghton Mifflin Harcourt. This book was released on 2012-06-05 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new edition of the bestselling AP English Language from CliffsNotes Includes introductory chapters on the different question types you’ll encounter on the exam Features four full-length practice exams with detailed answer explanations and model essay responses
