Using a large panel data set for European firms, this paper provides evidence that operations at multinational … quantitatively large. Our findings suggest that the profitability gap is partly driven by agency costs which arise if value … communication and travel costs over the last decade, the profitability gap is shown to decline over time. Apart from that, our …

direct investment. However, response from Japan has been rather subdued. This paper attempts to gain some insight into this …

This study analyzes the potential impact of the Philippines-Japan Free Trade Agreement (FTA) on the Philippine economy … in case of the Philippines' discriminately unilateral tariff reduction on import from Japan using a computable general … tariff rates on imports from Japan would expand the Philippines' import from Japan and in total by 2.36-8.58 and 0 …

have a positive influence on the profitability of firms. This study examines the effect of product diversification on the … profitability of 25 German food industry sectors from 1977 to 1994. The analysis reveals a positive effect of diversification on the … profitability of industries. …

it can be argued that product innovation raises barriers to entry and thus improve profitability. This study examines the … effect of functional food innovative activity (compared to overall innovative activity) on the profitability of 23 German … food industry sectors from 1995 to 1999. Panel data analysis also includes concentration, firm size, market size and growth …

on the effects of the patent stock on profitability. The data base is a representative sample of German manufacturing … patent stock has a strong and robust effect on profitability. …

leakage of knowledge in an industry will negatively affect profitability. This paper presents the results of an empirical … study on the effects of outgoing and incoming spillovers on firms? profitability. It turns out that the expected asymmetry …