Showing 1 - 9 of 9
When relationship-specific investments are necessary for production, under-investment occurs if contracts cannot be enforced. The efficiency loss from under-investment will differ across industries depending on the importance of relationship-specific investments in the production process. As a...
Persistent link: https://www.econbiz.de/10005062601
We analyse trade between Central and Eastern European (CEE) countries and the European Union during 1993-1998 using three methods. First, we calculate the share of intra-industry trade to determine the ex-tent to which two countries trade in similar products. Second, we calculate similarity...
Persistent link: https://www.econbiz.de/10005062641
Critics have muddled the public debate over offshore outsourcing by using the term interchangeably to refer to … argue that clarity requires distinguishing among these various phenomena and define outsourcing explicitly as the services … the recent “outsourcing” debate. Under this definition, the total number of the U.S. jobs outsourced annually is minuscule …
Persistent link: https://www.econbiz.de/10005556449
Outsourcing grew rapidly during the 1990s and has now become an accepted dimension of corporate strategy. While … outsourcing continues to grow in importance, the nature and focus of outsourcing is evolving. Historically, most outsourcing took … services, outsourcing is becoming increasingly cross- national and global. The growth of international outsourcing has …
Persistent link: https://www.econbiz.de/10005556502
Productivity at Australian container terminals has improved significantly in absolute terms since 1997 according to this international benchmarking study. For the sample of ship calls and terminals studied, productivity improved also in relative terms. The productivity improvement at Australian...
Persistent link: https://www.econbiz.de/10005556535
Private equity funds of funds (FOFs) have become big business. Today, FOFs form 14% of new money raised. I test six explanations for the rise of FOFs. First, I find that FOFs do not generally deliver superior returns. They do, however, do well enough for the limited partners (LPs) that hire...
Persistent link: https://www.econbiz.de/10005134791
The debate on outsourcing of skilled jobs to India has recently picked up steam and has become a hot election …-year issue. Bills put forth in almost twenty five states have provisions that seek to limit the outsourcing trend. This paper … visits some issues concerning outsourcing in order to provide nuance to some of the rhetoric. In particular, we discuss the …
Persistent link: https://www.econbiz.de/10005412852
The quest for more efficiency and security is reflected in the economy as a whole, but especially in the product and process innovations in information and communication technology (ICT). We examine the ten concepts considered to have the brightest prospects in the business segment in terms of...
Persistent link: https://www.econbiz.de/10005118730
A general outline of the functional and spatial characteristics of the clothing industry in Southern California is sketched out. Two important trends are noted: (a) the increasing design- and knowledge-intensive structure of the industry and (b) the marked increase in offshore subcontracting by...
Persistent link: https://www.econbiz.de/10005119036