This paper combines ideas that are well founded in the production inventory management literature with analytical approaches that have ben long established in the economic theory literature, to reveal and explore production function characteristic differences between JIT producers and non-JIT...

The basic competitive, general equilibrium growth model with nonrenewable resource depletion suggests that, due to the lack of perfect foresight, there is no way to guarantee that an economy using a depletable resource will follow an efficient path to a steady-state of sustainable per capita...

Donohue and Levitt (2001) attribute over half the current decline in U.S. crime rates to the legalization of abortion. I contribute to the literature by using provincial Canadian data, which permits the segregation of trends in teenage abortions from general abortion rates. This distinction is...

In this paper we seek to add to the understanding of the cost characteristics of Atlantic Canadian manufacturing. We examine the effects of public infrastructure on provincial manufacturing costs. The modelling technique employed is that of the CES-TL variable system.

Why do societies impose legal restrictions that limit the disposable property rights of some individuals? The explanation proposed here is that these constraints arise as an institutional response against financial markets that, in a sense, work 'too well'. That is, we demonstrate how a...

A copula approach is adopted to examine the extreme return-volume relationship in six emerging East-Asian equity markets. The empirical results indicate that the return-volume dependence is significant and asymmetric at extremes for all six East-Asian markets. In particular extremely high...

In this study we examine the persistence of a firm's ability to differentiate itself from its peers and stand out in a crowd of competitors through IT innovation. By using cross-sectional data set of large US firms from 1997-2004, our empirical evidence shows that prior IT innovation experience...