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Managers, Learning And The Multinational Firm: Theory And Evidence, Bernard Camille Beaudreau
Managers, Learning And The Multinational Firm: Theory And Evidence, Bernard Camille Beaudreau
Digitized Theses
This thesis examines the question of managerial/organizational advantages as a cause of foreign direct investment (FDI) and thus as the basis of multinational enterprises (MNE's). Three approaches to this question are taken: historical, analytical, and empirical. Historically, managerial/organizational advantages as a cause of MNE's is traced back to the early work of Southard and Phelps in the 1930's. Analytically, three models of embodied-in-managers, intangible assets are advanced, of which two are non-strategic. In the strategic model, foreign direct investment is shown to be a dominant strategy when entry by former managers (defectors) is threatened. These models make use of Penrose's …
Transition Correlation Studies In A Water Vapour Laser, Paul Adrien Rochefort
Transition Correlation Studies In A Water Vapour Laser, Paul Adrien Rochefort
Digitized Theses
The interaction between several pairs of coupled water vapour lines was investigated with a compound mirror-grating-grating (MGG) laser, which allows the simultaneous and coaxial lasing of two linearly polarized wavelengths parallel or perpendicular to each other.;The interaction experiments were done with four pairs of competitive water vapour lines; the 26.6 and 47.70, 26.6 and 47.47, 27.97 and 47.70, and 27.97 and 47.47 micrometer lines. The coupled lines share an upper or lower energy level.;From the experimental results of 26.6 and 47.70 micrometer lines, the parallel polarized line coupling constant was 0.18 {dollar}\pm{dollar} 0.04, and the perpendicular constant was 0.54 {dollar}\pm{dollar} …
Essays In International Finance, Mary Grace Finn
Essays In International Finance, Mary Grace Finn
Digitized Theses
The first essay evaluates the forecasting accuracy of monetary and random walk models of the exchange rate, using monthly data on the US and UK economies over the recent flexible exchange rate period. Instrumental-variable estimates of the simple monetary model are not supported by the data, while the full-information maximum-likelihood estimates of its rational-expectations counterpart are. The latter is found to forecast as well as the random walk model. Accordingly, in the context of the monetary model of the exchange rate, the explicit incorporation of the hypothesis of rational expectations permits a richer specification of the dynamics of the exchange …
The British Homogeneity Thesis And Nationalism In Scotland And Wales, John Francis Mcgarry
The British Homogeneity Thesis And Nationalism In Scotland And Wales, John Francis Mcgarry
Digitized Theses
In the mid-1960s, British political scientists claimed that their society was free of significant regional division. Their analysis was based on the theory of political and social diffusion originally put forward by Marx. However, electoral success for nationalist parties in Scotland and Wales in the late 1960s cast doubt on this theory. In response, two theories were put forward ascribing this nationalist phenomenon to economic causes. Michael Hechter argued that nationalism in Scotland and Wales was due to resentment caused by the existence of economic disparities between both countries and England. Tom Nairn, however, claimed that Scottish nationalism was a …
Sectoral Shifts, Costly Mobility And Aggregate Unemployment: Evidence From Seven Industrialized Countries, Lucie Samson
Sectoral Shifts, Costly Mobility And Aggregate Unemployment: Evidence From Seven Industrialized Countries, Lucie Samson
Digitized Theses
Determining what percentage of a country's unemployment rate is "natural", as opposed to cyclical, has been a preoccupation of macroeconomists for a very long time and is still a subject of debate today. This thesis studies this issue in the light of a more recent and comprehensive approach. A theoretical model is presented in the second chapter that puts the emphasis on the presence of transaction costs in the labour and the goods markets, and of technological shocks hitting firms differently depending on the good they produce. Given the assumption of costly mobility of labour across sectors of production, it …
Trade And Intermediation Services, Cillian Ryan
Trade And Intermediation Services, Cillian Ryan
Digitized Theses
This thesis focuses on the problem of dimensionality in trade. It interprets the service sector as a group of agents who emerge endogenously in order to assist other agents in surmounting barriers of space, time, or information.;I develop the thesis in two stages, the first using a fixed-factor model of trade and the second using a mobile-factor version. The new results that arise in this thesis are due to two features of the model. In the fixed-factor model servicers' offer curves are linear due to the fact that they arise from technological restrictions rather than the usual utility maximizing process …