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Our central proposition is that monitoring costs increase with physical distance, and hence, direct investments located further from the foreign investor’s home base should be more likely formed as joint ventures. Tests on a data set of Taiwanese direct investments in Mainland China provide...
Persistent link: https://www.econbiz.de/10005134453
The present paper studies the impact of information sharing and contractual instruments on a shipper and her transport suppliers through a monte carlo simulation. After reviewing the literature, we propose a model to measure the benefits in terms of expected transport cost and variance of this...
Persistent link: https://www.econbiz.de/10005119207
Persistent link: https://www.econbiz.de/10005119257
In this paper we explain the prevalence of explicit contracts of employment, particularly those that embody high … agency characterized in and supported by the common law. The implication is that implicit employment contracts supported by … the common law are incapable of effectively governing employment relationship characterized by these two problems. Thus …
Persistent link: https://www.econbiz.de/10005076642
In this paper we consider a standard policy game between the Government and a union. In such a framework, we first investigate the effects of corporatism on macroeconomic performance vis-à-vis different kinds of non-co-operative equilibria. Afterwards, we introduce in the literature the issue...
Persistent link: https://www.econbiz.de/10005076716
employment and growth cannot unambiguously be derived from modern labour market theory and are at least partially at odds with … broadly consistent with modern macroeconomic theory and is supported by empirical data. …
Persistent link: https://www.econbiz.de/10005076737
not the employment outcomes of those refugees who received financial grants to enable them attend their education … positive relationship between the level of study and the probability of later employment. Although the differences in subject … employment than education/ social science and health studies. …
Persistent link: https://www.econbiz.de/10005076935
This Productivity Commission staff working paper, The Growth of Labour Hire Employment in Australia, was released in … examine developments in employment relationships and the implications of these developments for the labour force and the … employment contribute to the Australian economy. This paper examines how the rapid growth of labour hire employment can be …
Persistent link: https://www.econbiz.de/10005125696
This paper uses panel data from 1989 to 1995 on blue-collar workers in Finnish manufacturing industries and their establishments to assess the extent to which hours of work are affected by individual or establishment characteristics - observed as well as unobserved. We argue that recent research...
Persistent link: https://www.econbiz.de/10005125720
workers. The paper shows technology has played the dominant role in changing employment patterns in Australia. The finding is … production has also promoted the employment of more highly skilled workers. …
Persistent link: https://www.econbiz.de/10005125725