"It began as a small, slow, and unadorned sailing vessel-in a word, ordinary. Later, it was a weary workhorse in the age of steam. But the story of the Edwin Fox reveals how an everyday merchant ship drew together a changing world and its people in an extraordinary age of rising empires,...

In most macroeconomic models, the substitutability between domestic and foreign goods is calibrated using aggregated data. This imposes homogeneous elasticities across goods, and the calibration is only valid under this assumption. If elasticities are heterogeneous, the aggregate...

During the past decade a series of treaties, culminating in the General Agreement on Trade in Services (GATS), has been aimed at achieving progressive liberalization of world trade in services as well as goods. The accounting profession was first to finalize a framework of operations under the...

Highlights similarities among the codes of ethics promulgated by professional societies in the United States such as The Institute of Internal Auditors (IIA), the American Institute of Certified Public Accountants (AICPA), the Institute of Management Accountants (IMA), and the EDP Auditors...

Analyses China’s experience in import substituting industrialization (ISI), the trend towards export‐oriented industrialization (EOI) through expounding its economic performance and its policies from 1949 to 1995. Focuses on analysing the nature of two different development models: Mao’s...

Purpose – This paper aims to exploit a new trade database to explore the extent to which trade, and the industrial division of labor which it represents, is regional in nature. Design/methodology/approach – The analysis focuses especially on intermediates trade, in three key regions – the...

Purpose – This commentary aims to discuss methodological issues and practical concerns of international business scholars who apply the gravity equation in their research. Design/methodology/approach – The paper summarizes and compares theories and several advanced empirical specifications...

Purpose – The aim of this paper is to shed light on recent debates in this journal on differences in home‐region orientation depending on type of company and the home region in which they are based. Design/methodology/approach – The paper looks at the structure of trade (imports and...

Purpose The purpose of this study is to examine organisational learning (OL) among firms involved in global-trade relationships. The study adopts the stakeholder theory (ST) and the knowledge-based theory (KBT) of the firm to illuminate the research and facilitate the understanding of the areas...

Foreign firms face many supply chain‐related difficulties in China. These include China’s overburdened, underdeveloped physical infrastructure; inexpert, underfunded state‐owned distribution companies; an enormous, fragmented distribution and logistics sector; and regional protectionism....