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Present some empirical evidence on long‐run Purchasing Power Parity (PPP) using a sample of annual data covering the period 1900‐1987. Three exchange rates are used in the analysis: the dollar, yen and French franc against the pound. It is shown that PPP does hold in the long run and that is...
Persistent link: https://www.econbiz.de/10014863441
UK, the USA, Canada and Japan. Suggests that, in the UK and the USA, these subsidiaries have room for improvement.  …
Persistent link: https://www.econbiz.de/10014724906
short‐run Fisher relationships. Applies them to the UK, USA, Canada and Japan, using 1978‐1997 monthly data and Eurocurrency … relationship for all four currencies in the long run; and for the UK and Japan but not for Canada in the short run, with … significance only at the 10 per cent level for the USA.  …
Persistent link: https://www.econbiz.de/10014940346
The management practices of three organisations in the computer industry, one North American, one Japanese and one British owned are described. Although operating in similar marketplaces, markedly different management styles and practices were apparent, with the British company showing much less...
Persistent link: https://www.econbiz.de/10014974964
The distinguishing feature of new style product development is that it allows companies to achieve new sales growth even in markets which many suppliers regard as mature. Success is achieved by using marketing skills to focus technical skills. Discusses the operational requirements for making...
Persistent link: https://www.econbiz.de/10014933494
Despite a global shift towards democracy, terrorism targeting corporations continues at an alarming rate. British, American and Japanese corporations in particular have been the victims of an increasing number of bombings, kidnappings, cases of extortion and other serious criminal acts....
Persistent link: https://www.econbiz.de/10014933545
Our paper uses simulation methods to examine the size and power of regime-switching tests for bubbles. We find that … tests conservative; they understate the significance of the evidence of bubbles. Despite this, the tests display … considerable power to detect bubbles even when using the conservative asymptotic critical values. We also find that the frequency …
Persistent link: https://www.econbiz.de/10014620809
Purpose – Expectations of future market conditions are acknowledged to be crucial for the development decision and hence for shaping the built environment. The purpose of this paper is to study the central London office market from 1987 to 2009 and test for evidence of rational, adaptive and...
Persistent link: https://www.econbiz.de/10014898332
individualist cultures (Britain and the USA) and collectivist cultures (China and Japan). Congruent with previous findings on values … and lifestyles differences between idiocentrics (individualists) and allocentrics (collectivists) at the emic level (USA …
Persistent link: https://www.econbiz.de/10014848410
The philosophy of co‐makership as practised by Nissan UK is described. The necessary precursors to successful co‐makership are outlined and the way in which co‐makership is embodied in the “Nissan way” of manufacturing is discussed. The importance of the workforce in the process is...
Persistent link: https://www.econbiz.de/10014800814