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Full-Text Articles in Business

On The Widely Differing Effects Of Free Trade Agreements: Lessons From Twenty Years Of Trade Integration, Scott L. Baier, Yoto V. Yotov, Thomas Zylkin Jan 2019

On The Widely Differing Effects Of Free Trade Agreements: Lessons From Twenty Years Of Trade Integration, Scott L. Baier, Yoto V. Yotov, Thomas Zylkin

Economics Faculty Publications

We develop a novel two stage methodology that allows us to study the empirical determinants of the ex post effects of past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify 908 unique estimates of the effects of FTAs on different trading pairs for the years 1986-2006. We then employ these estimates as our dependent variable in a “second stage” analysis characterizing the heterogeneity in these effects. Interestingly, most of this heterogeneity (∼ 2/3) occurs within FTAs (rather than across different FTAs), with asymmetric effects within pairs (on exports …


Inferential Operations Research On Surface Finish Of Castings, D. C. Ekey Jan 1986

Inferential Operations Research On Surface Finish Of Castings, D. C. Ekey

Robins School of Business White Paper Series, 1980-2022

This paper reports the result of an experiment using statistical research methodology to evaluate previous findings, identify new effects and focus on potential future research efforts to improve the control of casting surface roughness.

The objective of developing a functional equation to predict casting surface roughness was achieved. A reliable and valid methodology for obtaining operational "surface imprints" of casting surface roughness was developed.

Gray iron castings within a weight range of 1 to 7000 pounds were studied. The population of 142 surface roughness measurements came from five foundries in the northeast regions of Pennsylvania, Vermont, Maine, and Massachusetts. The …


Virginia—Major Force In World Trade, R. Clifton Poole Jan 1984

Virginia—Major Force In World Trade, R. Clifton Poole

Robins School of Business White Paper Series, 1980-2022

The importance of world trade has long been recognized in the Commonwealth of Virginia (VA). Indeed, one of the major reasons for establishing the original colony at Jamestown was to provide a base from which the New World "treasures" could be shipped to the mother country—England. As a result, since colonial days VA has been one of the world's major exporters of tobacco. Even today the volume of VA's tobacco exports is second only to her exports of bituminous coal.

This world trade orientation so deeply imprinted in the thinking of the early leaders of the infant colony still prevails …


Common Market Competition Policy As A Strategic Planning Issue For Transnational Firms, J. Patrick Raines Jan 1984

Common Market Competition Policy As A Strategic Planning Issue For Transnational Firms, J. Patrick Raines

Robins School of Business White Paper Series, 1980-2022

Managers in charge of international business decisions must recognize competitive conditions to make production, distribution, and marketing decisions. They must be cognizant of competitors' strategies as well as institutional arrangements which affect competition. As the international business environment has expanded, government regulations designed to control unfair or restrictive business practices have proliferated. Today, nearly all major developed countries with market economies prohibit the abuses of monopoly power and proscribe certain enterprise activities which restrain competition. Furthermore, governments have become less reluctant to apply their antitrust law extraterritorially. The ability of multinational firms to compete in international markets will increasingly depend …