The incorporation of increasing returns and imperfect competition into applied general-equilibrium (AGE) models, beginning with Harris (1984), led to much larger welfare effects from changes such as trade liberalization. But the imperfect competition side of these IO developments has often...

Purpose The purpose of this paper is make a significant contribution to the supply chain knowledge system through research on modern supply chain system in China, providing guidance for theoretical research such as methodology of dynamic resource allocation and application of innovative small-...

Performance measurement encourages Decision Making Units (DMUs) to improve their level of performance by comparing their current financial positions with that of their peers. Data Envelopment Analysis (DEA) is a widely used approach to performance measurement, though it is susceptible when the...

In the endeavor of analyzing urban development perspectives, the current paper aims to find out how warmth and competence stereotypes would operate in the case of a city, predicting its future, as a direct consequence of people's positive or negative feelings and actions. Results of such...

The asset pricing literature demonstrates a positive association between operating leverage and expected stock returns. We uniquely examine the predictive power of operating leverage on expected stock returns, in light of the industry returns to scale. Our inspection starts with a theoretical...

In this paper, we compare the efficiency of the Italian and German universities in the process of transforming public funding into the multiple outputs of a university, i.e. graduating students, publishing research, and patenting activity. We do this with a particular focus on the policies...