Using data relating to 'number one' hits on the Billboard Hot 100 chart, we find clear evidence of increasing returns to information in the US market for popular music. This evidence supports related findings for the motion picture industry in various countries, and for Broadway productions.

We model the durations between firms' 'Initial Public Offerings' (IPOs) and their subsequent 'Seasoned Equity Offerings' (SEOs) in China between 2001 and 2006. Our results have important implications for the capital structure in emerging markets. Our evidence on financing decisions in China...

This paper provides a non-technical discussion of some of the issues that have recieved attention in the econometrics literature in the last 10 to 15 years, with a special emphasis on those developments which have immediate implications for non-econometricians who undertake empirical work. Two...

We analyse the survival characteristics of recordings that reached the number one spot on the US popular music charts over the period 1955 to 2003. Our results show that there has been a statistically significant change in the time spent at number one since 'album cuts' were included in the...

The Becker-Murphy model of rational addiction is tested with New Zealand credit card debt data. The results clearly favour the rational addiction model over the myopic, backward-looking model. The estimated short-run and long-run price elasticities are -0.58 and -2.32 respectively, and the...

We examine the risk of a pre-test estimator for regression coefficients after a pre-test for homoskedasticity under the Balanced Loss Function (BLF). We show analytically that the two stage Aitken estimator is dominated by the pre-test estimator with the critical value of unity, even if the BLF...

Purpose – This article aims to report on the findings from a research project that explored a school’s changing ideological storyline with the appointment of a new Principal and the Board of Trustees’ intention to move towards a strengths-based approach to education. Following the...

Purpose – This article aims to consider the construction and use of a qualitative survey in opening relational aspects of the organisational culture within an educational institution. Rather than a numeric set of metrics, the researcher's intent was to use a survey as a vehicle for thematic...