Showing 1 - 10 of 166
This is a comprehensive study of the growth and impact of agricultural futures market traders. The growth of financial … include the impact on commodity prices, the profitability of traders, and the existence of trading skill. To address these … effects on prices and volatility. The impact of the financial investment of index traders is analyzed using Granger Causality …
Persistent link: https://www.econbiz.de/10009477742
This paper examines industrialisation experience in Sri Lanka following the market-oriented policy reforms initiated in 1977, with emphasis on the complementarity of trade and foreign direct investment (FDI) policies in shaping the reform outcome. It is found that the reforms helped to transform...
Persistent link: https://www.econbiz.de/10009451543
Academicians and practitioners are becoming increasingly interested inthe economics of Information Technology (IT). In part, this intereststems from the increased role that IT now plays in the strategicthinking of most large organizations, and from the significant dollarcosts expended by these...
Persistent link: https://www.econbiz.de/10009435059
Retail centres are a visible sign of developed capitalist societies and make an appreciable contribution to these economies. For the firms involved in supplying air conditioning maintenance to retail centres, governance structures (that incorporate the make-or-buy decision and the decision...
Persistent link: https://www.econbiz.de/10009438280
If transitory profitable trading opportunities exist, filter rules are used in practice to mitigate transaction costs. The filter size is difficult to determine a priori. Our paper uses a dynamic programming framework to design a filter that is optimal in the sense of maximizing expected returns...
Persistent link: https://www.econbiz.de/10009440744
Traditionally, retail travel agencies have acted as intermediaries between primary creators/suppliers of travel products and the consumer, largely as a function of taking upon themselves the transaction costs for the consumer to find and select appropriate travel facilitators. Internet-related...
Persistent link: https://www.econbiz.de/10009440843
The work presented here is part of a wider research programme oriented around three specific questions. First, how do individual agents appropriate returns from innovation and how is this affected by the availability (or not) of intellectual property rights such as copyrights and patents?...
Persistent link: https://www.econbiz.de/10009441981
As the process of globalisation of the world economy progresses, the degree of international competition among enterprises increases as well. Yet not all industries or branches are affected to the same extent by this development. One of the most important factors which determine the degree of...
Persistent link: https://www.econbiz.de/10009442387
The globalisation of the world economy increases international competition among companies. However, not all industries will be affected by the same extent. The degree of globalisation of an industry will be particularly influenced by the level of transaction costs. Low transaction costs will...
Persistent link: https://www.econbiz.de/10009442397
Most markets have evolved as buyers and sellers constantly search for ways to create value, however this has not occurred naturally in all areas of the economy – markets are missing for some goods, including the environment. In such cases, transaction costs linked to property rights, asymmetric...
Persistent link: https://www.econbiz.de/10009442457