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Full-Text Articles in Business

The State Of The Region: Hampton Roads 2014, James V. Koch, Vinod Agarwal, Chris Colburn, Vicky Curtis, Steve Daniel, Elizabeth Janik, Feng Lian, Sharon Lomax, Alice Mcadory, Janet Molinaro, Ken Plum, Ayush Toolsidass, Shara Weber, Luke Watson, Gilbert Yochum Oct 2014

The State Of The Region: Hampton Roads 2014, James V. Koch, Vinod Agarwal, Chris Colburn, Vicky Curtis, Steve Daniel, Elizabeth Janik, Feng Lian, Sharon Lomax, Alice Mcadory, Janet Molinaro, Ken Plum, Ayush Toolsidass, Shara Weber, Luke Watson, Gilbert Yochum

Economics Faculty Books

This is Old Dominion University's 15th Annual State of the Region Report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion or it's president, John R. Broderick. The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a …


International Trade With Increasing Returns In The Transportation Sector, Haiwen Zhou Jan 2014

International Trade With Increasing Returns In The Transportation Sector, Haiwen Zhou

Economics Faculty Publications

In this general equilibrium framework, the transportation sector is modeled as a distinct sector with increasing returns. A more advanced technology has a higher fixed cost but a lower marginal cost of production. Even with both manufacturing firms and transportation firms engaged in oligopolistic competition and optimally choosing their technologies, the model is tractable and results are derived analytically. Technology adoptions in the manufacturing sector and transportation sector are reinforcing, and multiple equilibria may exist. Firms choose more advanced technologies and the prices decrease when the size of the population is larger.


What Constitutes The Success Or Failure Of Multinational Corporations (Mncs) In Foreign Markets? A Case Study Of Chinese And American Mncs, Shiwei Jiang Jan 2014

What Constitutes The Success Or Failure Of Multinational Corporations (Mncs) In Foreign Markets? A Case Study Of Chinese And American Mncs, Shiwei Jiang

Graduate Program in International Studies Theses & Dissertations

Scholars have identified multinational corporations (MNCs) as increasingly important and influential actors in international politics. However, mainstream international studies scholarship has failed to explain why MNCs succeed or fail in entering foreign markets. Market entry is a particularly vexing question for U.S. and Chinese firms seeking to compete for each other's consumers. As this study shows, surprising differences in success among U.S. firms in China, as well as Chinese firms in the U.S., suggest that statist and market factors interact with corporate strategies in confounding ways. Through case studies in the internet, automobile and fast food industries, this dissertation builds …


Intermediate Inputs And External Economies, Haiwen Zhou Jan 2014

Intermediate Inputs And External Economies, Haiwen Zhou

Economics Faculty Publications

Is the degree of external economies (at the industry level) higher than the degree of internal increasing returns (at the firm level)? If so, what is the exact source of this difference? In the general equilibrium model in which firms producing final goods choose the degree of specialization of their technologies, external economies arise from the usage of intermediate inputs and the existence of internal increasing returns. It is frequently assumed that increasing returns are absent at the firm level while present at the industry level. In this model, the existence of increasing returns at the firm level is necessary …


Two Essays On Attracting Foreign Direct Investment: From Both A National And Firm Level Perspective, Ryan Lawrence Mason Jan 2014

Two Essays On Attracting Foreign Direct Investment: From Both A National And Firm Level Perspective, Ryan Lawrence Mason

Theses and Dissertations in Business Administration

Countless studies with a wide variety of financial and economic indicators have been conducted over the years within the context of international business research, all searching for hints or signals as to what makes the never ending process of globalization progress. Our research follows these efforts while focusing specifically on Foreign Direct Investment (FDI). Our first study sets out to empirically test if nations adopting the inflation targeting (IT) monetary policy are more successful in attracting inbound and outbound FDI cash flows than those nations utilizing alternative monetary policies. IT is a relatively new policy which was first put into …