The introduction of new industrial legislation in 1987, in the former Soviet Union, followed a policy of decentralization in which factories were given increased authority to seek their own customers and suppliers, agree prices, and to engage directly in foreign trade. Additionally, from 1987,...

The process of consumer goods planning and demand research in a centralised socialist system, that of the German Democratic Republic (GDR) is presented and analysed. The system′s degree of centralisation and performance record; and its effectiveness in meeting consumer needs are evaluated and...

Examines influences of negativity on marketing management, e.g. the approach of scarcities of raw materials' emerging new consumer values; and a new international economic order — requiring co‐operation among rival organizations or governments. Pinpoints the petroleum crisis of December 1973...

Explores suitable ways of modifying cost‐plus pricing policies in the context of marketing based theory. Reports the findings of a research project concerned with the procedures followed in the pricing of consumer durables, and attempts to formulate an alternative statement of pricing...

Purpose This paper aims to analyze forecasting problems from the perspective of information extraction. Circumstances are studied under which the forecast of an economic variable from one domain (country, industry, market segment) should rely on information regarding the same type of variable...

Purpose This paper aims to explore FinTech and its dynamic transitions in the banking industry. In particular, the study analyses the systemic innovation nature of FinTech-based innovations. The main contribution of this research study is the development of systemic innovation model which can be...

Purpose – The purpose of this study is to investigate the impacts of interval measured data, rather than traditional point data, on economic variability studies. Design/methodology/approach – The study uses interval measured data to forecast the variability of future stock market changes....

Purpose – The purpose of this paper is to associate a probabilistic confidence with the stock market interval forecasts obtained with the interval least squares (ILS) algorithm. The term probabilistic confidence in this paper means the probability of a point observation that will fall in the...

Purpose – The purpose of this paper is to look into the fate of a troubled initiative in one of Hong Kong's economic engines – the container handling industry – that was developed in the midst of the discussions between Beijing and London leading towards the historical 1997 handover....

In this paper, we focus on the Granger causality test in the presence of regime shift. We apply a vector autoregressive (4) model on Swedish series of industrial output and consumer price index for the period 1980:1‐1998:6. To test for causality, three different test methods namely the single...