The Role of Culture,Historicity, and Human Agency in the Evolution of the State: A Case Against Cultural Fatalism

I examine how the nature of the state and its relationship to its people are determined and evolve. I bring together differing contributions of traditional institutionalism to further an emerging evolutionary-institutionalist discourse concerning the role played by culture and historicity, on one hand, and by individual actions and awareness, on the other, in shaping and reshaping the nature of the state. Such discourse is significant in understanding that, although inherited culture plays an important role in influencing the character of the state in a given society, the future of the state is not fully determined by its history. In equal measure, it depends on the volition of individuals who purposefully amend the state’s institutions through rearranging power distribution. Using Russia’s authoritarian state as a case in point, I demonstrate how this emerging evolutionary-institutionalist discourse can circumvent ideological misuse of the institutionalist paradigm in non-democratic societies.     

The Great War heritage site management in Trentino,northern Italy

The preparations for the 100th anniversary of the Great War outbreak turn the lights on war heritage. The purpose of this paper is to analyze the war heritage site management in northern Italy considering the role of stakeholders and the marketing efforts to promote the renovated heritage sites. Trentino-Alto Adige, an Italian Alpine region, constitutes the area of this study. In the Great War, the region, one of the historical border areas of Italy under the Austro-Hungarian Monarchy, witnessed heavy fighting in extreme environmental conditions. The tangible heritage of the frontline in the high Alps has recently been renovated and marketed in tourism. The conservation efforts to revalue the sites and to promote thematic routes linking war heritage in the region have gained interest from stakeholders. However, the institutions, museums, voluntary associations and tourism organizations involved in site management have different priorities. The findings show that significant effort has been invested to conserve and to exploit war heritage, however, regarding site management and visitor interpretation for international tourists’ needs seem to be neglected.     

How does income inequality affect market outcomes in vertically differentiated markets?

The distribution of consumer incomes is a key factor in determining the structure of a vertically differentiated industry when consumer's willingness to pay depends on her income. This paper computes the Shaked and Sutton (1982) model for a lognormal distribution of consumer incomes to investigate the effect of inequality on firms' entry, product quality, and pricing decisions. The main findings are that greater inequality in consumer incomes leads to the entry of more firms and results in more intense quality competition among the entrants. More intense quality competition raises the average quality of products in the market as firms compete for the shrinking share of higher-income consumers. With zero costs of quality improvements and an upper bound on the top quality or when costs of quality are fixed and rise sufficiently fast, greater heterogeneity of consumer incomes also reduces firms' incentives to differentiate their products. Competition between more similar products tends to reduce their prices. However, when income inequality is very high, the top quality producer chooses to serve only the rich segment of the market and charges a higher price. The conclusion is that income inequality has important implications for the degree of product differentiation, price level, industry concentration, and consumer welfare.     

Promise and shortcomings of a green turn in recent policy responses to the “double crisis”

The paper analyses six international-scale responses to the financial and climate change ‘double crisis’ in order to: review how they define problems and solutions, analyse what underpins the policy choices revealed in these responses (the ‘green turn’), reflect on the implications of the proposed solutions in terms of sustainability and global environmental justice, and to suggest three elements for a paradigm shift towards an ‘alternative’ turn embedded in ecological economics theory. The analysis reveals that responses by leading international organisations continue to appeal to the precepts of neoclassical economy. We argue that from an ecological economics perspective, policy responses under the various labels of green economy, green growth, sustainable growth, green new deal, fall well short of what is needed to fight the environmental crisis and rising inequality across and within countries. The idea of justice and equity that underpins the mainstream approach seems inadequate in terms of sustaining our environmental base and global environmental justice. Based on this critical review, we propose an ‘alternative turn’, centred on three elements of a paradigm shift leading to a new economy where the environmental base and global environmental justice are at the centre of the discourse.     

Stochastic technology shocks in an extended Uzawa–Lucas model: closed-form solution and long-run dynamics

We add stochastic technological progress, modelled as a geometric Brownian motion with drift, to an augmented Uzawa–Lucas growth model. Under a particular combination of parameters we derive a closed form solution to the model and analytical expressions which show that uncertainty reduces the optimal levels of consumption and increases the proportion of human capital devoted to producing new human capital.     

Do Recruitment Ties Affect Wages? An Analysis using Matched Employer–Employee Data from Vietnam

This paper examines the extent to which recruitment ties affect individual wage outcomes in small and medium scale manufacturing firms. Based on a unique matched employer–employee dataset from Vietnam the authors find that there is a significant positive wage premium associated with obtaining a job through an informal contact, when controlling for standard determinants of wage compensation. Moreover, they show that the mechanism through which informal contacts affect wages depends on the type of recruitment tie used. The findings are robust across location, firm size categories, and different worker types.     

Developing Policies and Instruments for Sustainable Household Consumption: Irish Experiences and Futures

In recent years, the concept of sustainable consumption (SC) has received increased attention. Overconsumption in industrialized countries still presents major challenges to achieving sustainable development goals despite the global economic crisis. This paper offers an in-depth analysis of national influences on consumption patterns in the Republic of Ireland, focusing in particular on the role of governance in the design of policy instruments for sustainable consumption. It is argued that country-specific political conditions and policy frameworks fundamentally shape everyday household consumption. After an initial discussion of the effectiveness of three key types of policy instruments—legislative, economic, communicative—the paper compares SC policy making and implementation in Ireland with examples of good practice from Europe. An agenda to progress Ireland’s sustainable consumption policy framework is proposed in the concluding part of the paper.     

Customer satisfaction and brand equity

The study here examines the interaction between shareholder value and customer satisfaction, as well as the impact on a firm's brand equity. Customer satisfaction may have a positive effect on brand equity, except when managers show excessive customer orientation, in which case the effect is negative because of reductions in shareholder value. The empirical analysis uses incomplete panel data pertaining to 69 firms from 11 nations during the period 2002-2005 and supports the theoretical contentions. This result warns of the perverse effect on brand equity of implementing policies focused exclusively on satisfying customers at the expense of shareholders' interests.