Direct and Indirect Exporting and Productivity: Evidence from Firm‐Level Data

This paper examines the separate productive impacts of direct and indirect exporting to further our understanding of the mechanisms underlying learning‐by‐exporting effects by utilizing a method that allows us to check the robustness of the results to the selection on unobservables. We found that the productivity effects of exporting are mainly associated with direct exporting, indicating that knowledge spillover, and thus, productive impact of exporting grows with increased interaction with international firms and consumers. Indirect exporters are unlikely to be able to efficiently exploit the productive capacity of foreign technology and knowledge. Copyright © 2013 John Wiley & Sons, Ltd.     

Trust types,distrust, and performance outcomes in small business relationships: the pharmacy–drug warehouse case

This study attempts to investigate the linkage among trust types, distrust, and relationship performance outcomes in the context of long-term supply agreement-type alliances between small business dyads. The results suggest a significant positive relationship among goodwill trust and risk-taking tendency, cooperation, satisfaction, and conflict resolution and a negative relationship between goodwill trust and transaction costs. Competence trust is found to have a positive relationship with cooperation, conflict resolution, and satisfaction and a negative relationship with transaction costs. However, no significant relationship is found between competence trust and risk-taking tendency. Distrust, on the other hand, is found to have a negative relationship with cooperation, satisfaction, and conflict resolution and a significant positive relationship with transaction costs with no effect on risk-taking tendency.     

The prioritisation of service dimensions in logistics centres: a fuzzy quality function deployment methodology

This study takes a customer focus that prioritises the service-offering dimensions of logistics centres (LCs) by considering potential LC customer expectations. Applying a survey and a quality function deployment methodology to logistics service providers, the study explores, categorises and prioritises LC customer expectations and LC service characteristics. The results indicate that customer preferences mainly prioritise infrastructure, and warehouse and intermodal dimensions. However, when the cost dimension is included, higher utility values are delivered through soft service dimensions like value-added or standard services. LC investors or undertakers can use these results to guide their design of market offerings by using the same methodology to assess expectations in their target markets.     

Understanding relational qualities of entrepreneurial learning: Towards a multi-layered approach

The aim of this paper is to present a multi-layered relational framework of entrepreneurial learning by embedding the conceptual tools of a continental thinker, Pierre Bourdieu, in a social constructionist paradigmatic approach. Through a longitudinal study based on participant observation and in-depth qualitative interviews, entrepreneurial learning processes of five nascent entrepreneurs who have formed a venture team have been examined as a case study. Relational qualities of entrepreneurial learning can be illuminated by exploring dispositions and different forms of capital that nascent entrepreneurs hold at the micro-individual level, which are inextricably linked to the meso-relational level of developing an entrepreneurial habitus as they navigate through the process of business venturing. Such a multi-layered conceptualisation of entrepreneurial learning transcends individual-, team-, firm- and network-level analyses of the subject by generating insights from both micro- and meso-layers.     

Re-examining the real interest rate parity hypothesis (RIPH) using panel unit root tests with asymmetry and cross-section dependence

This paper investigates the validity of the real interest rate parity hypothesis (RIPH) using a panel unit root approach. For this purpose, first we estimate the possible nonlinear data-generating processes of the real interest rate differential series and using these estimates determine which panel unit root test is better for analyzing the RIPH. To this end, smooth transition autoregressive and threshold autoregressive (TAR) models are estimated for two different panels of countries: G7 and post-Soviet transition economies. The results show that the data displays both strong asymmetry and high transition speed. Therefore, secondly, we propose a new panel unit root test where the alternative is stationary with asymmetric TAR adjustment, and provide their empirical power properties. Finally, we demonstrate that our newly proposed test is able to provide conclusive evidence in favor of the RIPH in contrast to the other panel unit root tests considered.     

OUTPUT–EMPLOYMENT RELATIONSHIP ACROSS SECTORS: A LONG‐ VERSUS SHORT‐RUN PERSPECTIVE

This paper investigates the nature of the output–employment relationship by using the Turkish quarterly data for the period 1988–2008. Even if we fail to find a long‐run relationship between aggregate output and total employment, there are long‐run relationships for the aggregate output with non‐agricultural employment and sectoral employment levels for seven of nine sectors that we consider. However, a further investigation for the output and employment relationship within a short‐run perspective does not reveal statistically significant relationships for either total employment or non‐agriculture employment, or eight of the nine sectors that we consider. Although there are various long‐run relationships between output and employment, the short‐run links between demand and employment are weak. The various implications of this for the economy and the labour market are discussed. As a result, maintaining high levels of output in the long‐run creating demand is essential for employment generation.