This paper studies the efficiency with which physical capital can be reallocated across sectors. It presents a model of a firm selling specialized capital in a thin resale market. The model predicts that the selling price depends not only on the sectoral specificity of capital, but also on the...

This paper introduces a new cost dataset for a commercial aircraft firm and uses this data to analyze the dynamics of learning in commercial aircraft production. This dataset is found to be inconsistent with the simple learning hypothesis, and particularly the prediction that a firm's unit cost...

This study analyzes the impact of major industrial relations variables on productivity within a plant that assembles large commercial aircraft. The analysis combines the deep firm- specific knowledge of management and labor typical of the best of traditional industrial relations with formal...

The aviation industry in India is presently an expeditious growing industry in India visually perceived according to the report in the last three years. So, India is well-known as the third-largest domestic aviation market in the world and is foreseen to be the third-largest air passenger market...

It is important for the Government to keep the market in check and to maintain a standard of conduct where it promotes a healthy competition between all the players in the market. It is here where the Competition Commission of India (CCI) comes into play as the major regulator who lays down the...

The unfortunate set of circumstances surrounding the loss of both Lion Air Flight 610 and Ethiopian Airlines Flight 302 led to the immediate grounding of the advertised ‘incredibly fuel efficient' Boeing 737-MAX. The side-effects of the decision to ground such flights led to delays and...

We construct a general dynamic structural model of two-sided learning between a firm and its workers. We estimate an empirical version of the model using personnel data from Fokker Aircraft that cover the path of layoffs and quits through its bankruptcy. We find that the firm learns about its...

The purpose of this paper is to explore and discuss empirically about the effects of asymmetries between Small and Medium-sized Enterprises (SMEs) and Multinational Corporations (MNCs) on the performance of these companies in an alliance. We address both direct effects and indirect ones related...

Our work aims at understanding the role played by the innovative supply chain strategy put in place by Boeing in the numerous problems encountered by its 787 Dreamliner program. We will first describe and explain the major changes that were introduced in the aircraft's supply chain, more...