Compound Voids and Unproductive Entrepreneurship: The Rise of the “English Fever” in China

China has emerged as an economic power due, in part, to government policies that opened China to the world and created a modern consumer culture. One of these policies is the advancement of English-language education, including private providers, which has spawned the “English Fever” phenomenon. We use the unique context of the private English-language education industry in China to illustrate the concept of “compound (institutional) voids” and their relationship to unproductive entrepreneurship. Our contribution is in untangling some of the complexities related to institutional relationships, and in describing how compound voids increase the likelihood of rent-seeking behavior.     

Prospects for video telephony

Noll overstates the case for the failure of video telephony. This paper reviews research on the use of video in business and at home. Improvements in algorithms, costs, standards and data transport are overcoming technological barriers. Recent field trials show sustained use of video phones and the emergence of novel applications that extend the medium beyond conventional interpersonal communication, including the use of video as data, to access multimedia services and to sustain organizational awareness. In residential settings the dominant use of video telephony is likely to be for routine social calls, for which video is especially suited.     

A Comparison of the Publications of Female and Male Economists

The publication records of female and male economists are compared. Some explanations are offered for the differences.     

High-performance human resource practices in Australian family businesses: Preliminary evidence from the wine industry

Using quantitative and qualitative approaches, this paper examines the prevalence of high-performance human resource (HR) systems in Australian family businesses. Focusing on the wine industry, we found that establishing formal HR systems, particularly related to employee involvement and motivation, was positively related to perceived effectiveness of a company’s HR function, leadership, strategic alignment and profitability. Results indicated that formalizing HR systems occurs slowly in the industry, and is largely a function of organizational size. This exploratory study shows the need for more in-depth studies of HR in family-run organizations and supports the notion that increased emphasis on people practices is important to operational and financial success of the family business.     

Taxing international tourism in West Africa

West Africa mass tourism focuses on Scandinavian, European, and United States tourists taking beach holidays during the winter months. Beach resort hotels seeking to attract international tourists are in a monopolistically competitive market structure. Localities, rather unsuccessfully, attempt to differentiate the sun/fun package which they offer from those of their competitors. Prices are locked into a small price range. In West Africa a general export tax rate of 10 to 15 percent of total tourist expenditures is incorporated in the industry's cost structure. The impact of adding two types of resort hotel taxes is considered: land taxes (lump sum) and bednight taxes (unit). An increase in hotel land taxes will not change the price or bednights offered by hotels. They will continue to operate at their initial output and price position. Whereas, added bednight taxes are an addition to unit cost and, therefore, will effect the output level and result in a new, slightly higher price and fewer hotel guests.     

Devaluation and US tourism expenditure in Mexico

Studies that investigate the factors affecting US tourism expenditures in Mexico generally regard relative prices in these countries as sensitive determinants. The findings of inelasticity of expenditures of American tourists with respect to prices in the Mexican interior and border in several studies published in the 1980s are debatable. This study evaluates the impact of recent peso devaluations by adjusting 1970–1982 US tourism expenditures by an index that combines the Consumer Price Index in dollars, the CPI in pesos, and the exchange rate. The results here clearly indicate that US expenditures in the interior and on the border are price sensitive and have a strong positive trend reaction to devaluation in both nominal and real terms. Border expenditures clearly exceed interior expenditures and are more sensitive to exchange rate changes than expenditures in interior Mexico.     

Mexico's balance of payments 1970–1983: Contributions of international tourism and border transactions

The Mexican government instigated a series of programmes to redress its rapidly deteriorating balance of payments in the late 1970s and early 1980s. Devaluations of the peso were aimed at improving foreign exchange earnings from international tourism and border transactions, particularly with the USA. Although the net foreign exchange earned by these two sectors increased in 1982 and 1983, neither sector improved its net balance of real income and expenditure between 1975 and 1982. The impact of the devaluations, combined with depressed economic conditions in North America and Western Europe, affected both the inflow and outflow of international travellers and their level of expenditure, and limited real contribution to Mexico's balance of payments problems.     

Tourism in sub-global assessments of ecosystem services

Published in 2005, the United Nations Millennium Ecosystem Assessment (MA) stressed that influencing governments, businesses and communities to address the supra-national challenge of limiting biodiversity loss and ecosystem degradation requires a fuller understanding of the range of values and benefits people derive from ecosystems, including tourism. The MA was informed by, and has shaped, several conceptually and methodologically distinctive sub-global assessments (SGAs) of ecosystem services. Through content analysis, this paper is the first detailed examination of how tourism features in 14 extant SGAs identified in a database held by a major supra-national environmental organization. Although the SGAs should have incorporated the widest range of specialist subject expertise, tourism scholars played only peripheral roles in producing them even for territories where tourism is a significant land use. The SGAs examined did not benefit from the extensive body of knowledge relating to sustainable tourism. Limited portrayals of tourism restrict the capacity of SGAs in their current format as management solutions. It is also contradictory to the ethos, principles and purpose of ecosystem assessments. With the ecosystem services perspective set to become more important to policy and decision making, the paper argues for greater incorporation of recent progress in sustainable tourism in ecosystem assessment.