Showing 1 - 10 of 81
The paper explores the determinants of industry location across interwar Poland. After more than 120 years of political and economic separation, Poland was reunified at the end of 1918. In consequence, its industry faced massive structural changes: the removal of internal tariff barriers and...
Persistent link: https://www.econbiz.de/10009440567
In 1987, the UK Conservative Party was re-elected promising to transform the electricity industry into a privatised competitive industry and to promote an expansion of nuclear power. Fulfilling both objectives was not possible. The nuclear plants were withdrawn from the sale and plans to build...
Persistent link: https://www.econbiz.de/10009467278
This paper examines the market entry of the UK’s largest retailer (Tesco) into the USA. Tesco’s launch of a new brand – Fresh & Easy Neighborhood Markets – in virgin territory is a bold move, notwithstanding the firm’s considerable success with its overseas investment strategy (which...
Persistent link: https://www.econbiz.de/10009458441
This paper investigates the evidence for convergence in per capita incomes across 115 economies during the period 1950–1998 and examines the impact that international trade had on this process. Drawing on trade-conditioning within a distribution dynamics framework, that explicitly models...
Persistent link: https://www.econbiz.de/10009439850
We investigate the impact of market-supporting institutions on business strategies by analyzing the entry strategies of foreign investors entering emerging economies. We apply and advance the institution-based view of strategy by integrating it with resource-based considerations. In particular,...
Persistent link: https://www.econbiz.de/10009439863
This paper explores the dynamics underlying integration of the international grain markets of the nineteenth century. It demonstrates that ‘deep’ integration implied changes to market structures, firm strategies and the commodity being marketed. Coordination within grain markets occurred at...
Persistent link: https://www.econbiz.de/10009439870
One of the many miracles of Victorian Britain’s market economy was that it worked most efficiently when it was left to regulate itself – or at least, this is what the great majority of Victorians believed. The prevailing economic orthodoxy throughout the nineteenth century assumed, following...
Persistent link: https://www.econbiz.de/10009440079
This article aims to assess barriers to service provision in the banking and telecom sectors of four Middle East and North Africa (MENA) countries, and the impact of these barriers on firm performance. Our methodology involves the computation of aggregate and modal trade restrictiveness indices...
Persistent link: https://www.econbiz.de/10009440188
Many potential benefits of foreign expansion have been identified in the literature, yet empirical support that multinational firms perform better than domestic firms is mixed. This paper takes a longitudinal perspective and argues that how much a firm benefits from having foreign subsidiaries...
Persistent link: https://www.econbiz.de/10009440245
The paper uses annual data on real GDP for the UK regions and 12 manufacturing sectors to derive regional and regional/sectoral business cycles using an H-P filter. The cohesion of the cycles is examined via cross-correlations and comparisons made with the regional cycles for Japan, the United...
Persistent link: https://www.econbiz.de/10009440531