国际汽车的品牌竞争

汽车的品牌经营并不是新鲜的东曲，对整个市场经济来说更是老掉牙的话题。但是品牌经营成为推动汽车工业整体经营方式转变的动力，以至成为汽车工业生死攸关的法宝，却是近十年来的事情。     

International competition in Latin American telecommunications markets

Current market liberalization and reforms in Latin America are attracting a great deal of interest by global telecommunications companies and investors. This article focuses on recent liberalizations and reforms in the telecommunications markets of Chile, Argentina, Mexico, and Venezuela. The article reviews the winning bids for these markets 'and analyzes the strategic alliances of investors, global telecommunications companies, and local investors. The article concludes with an analysis of the experience to date in opening Latin American telecommunication markets to free competition and speculates on future developments in this sector. © 1993 John Wiley & Sons, Inc.     

International competition, downsizing and wage inequality

A country with Cournot competition and free entry experiences an increase of its market size either due to economic growth or international integration of its goods markets. This implied increase in competition leads to shrinking mark-ups and forces firms to reduce overhead costs relative to output. This implies a reallocation at the aggregate level from administrative to productive activities. Relative factor rewards change and wage inequality increases. The factor which loses in relative terms can even lose in real terms. From a quantitative perspective, international competition is demonstrated to be the more plausible cause of rising wage inequality.     

International cross-listing and stock pricing efficiency: An empirical study

International cross-listing should subject stocks involved to ameliorated information environment in the host market, resulting in more information being revealed, fed back, and impounded into their prices at home and, thus, higher home-market pricing efficiency. Employing a simple non-parametric test, we present the first large-sample evidence for this hypothesis, and document that foreign cross-listings in the U.S. indeed enhance home-market stock pricing efficiency, net of marketwide efficiency shifts in the concurrent period. In addition, the efficiency benefit applies equally well regardless of home-market development status or cross-listing location. These findings should be of interest to both academics and practioners.     

International trade with endogenous mode of competition in general equilibrium

This paper endogenizes the extent of intra-sectoral competition in a multi-sectoral general-equilibrium model of oligopoly and trade. Firms choose capacity followed by prices. If the benefits of capacity investment in a given sector are below a threshold level, the sector exhibits Bertrand behavior, otherwise it exhibits Cournot behavior. By endogenizing the threshold parameter in general equilibrium, we show how exogenous shocks such as globalization and technological change alter the mix of sectors between “more” and “less” competitive, or Bertrand and Cournot, and affect the relative wages of skilled and unskilled workers, even in a “North–North” model with identical countries.     

International competition and wage differentials - the case of Taiwan

This paper documents and investigates the structure of relative wages among skill groups (distinguished by gender, education and potential experience) in Taiwan over the period 1978 to 1990. To account for these changes, I construct a model of wage determination in which demographic groups are treated as separate inputs into the production process. Thus, the changes in relative wages are determined by (i) changes in the relative supply of input factors; (ii) changes in the product composition; and (iii) biased technical changes that shift the relative demand for inputs. Analysis of OECD trade statistics shows that manufacturing imports from Taiwan to OECD, the main source of derived demand for the unskilled labour, exhibited a time pattern that matches the overall relative demand shifts.     

Market exchanges, hierarchical exchanges or relational exchanges in export channels into emerging markets

This study draws from relational contracting paradigm, transaction cost paradigm, and internationalization process paradigm and evaluates market exchanges, hierarchical exchanges, and relational exchanges between Western manufacturers and their foreign intermediaries in emerging markets. The study suggests that choices of exchange governance be determined by various factors in combination, including experiential knowledge, market conditions, activity complementarity, brand power, and trust. Choices of exchange governance depend on the interaction among these factors.     

汽车市场:中高级战争德日争锋

随着车型的不断更新换代，中国汽车市场也在层出不穷的新车中不断上演着各个细分市场的改朝换代。中高级车市场虽然不像经济型轿车市场那么热闹，但是从去年下半年开始，也有一次集中的新车推出。由此，原有的市场格局也随之发生了翻天覆地的变化。     

我国对外贸易与国际物流关系的实证研究

为了更好地理解国际贸易与国际物流的关系,制定出合适的协同发展战略,本文选取国际贸易与国际物流之间的关系作为研究对象进行了实证分析。首先,结合指标的合理性和数据的可得性选取了分析变量;在此基础上利用时间序列数据,运用Granger因果检验的方法对国际贸易和国际物流之间的关系进行了研究,并得出结论:我国的国际贸易与物流存在着反馈性的因果关系;其中,物流对贸易的促进作用比贸易对物流的促进作用要稍大一些。     

移动电话和因特网的法兰西竞争

现代人的生活．似乎越来越数字化．我们几乎无一例外地被标上了号。这是我的手机号,这是我的座机号．这是我的Email地址。有空我们网上聊．你加我到Messenger吧。”相信每个人都经历过类似的场景。     

Extreme dependence and risk spillovers between oil and Islamic stock markets

This paper examines the downside and upside risk spillovers and dependence structure between five Islamic stock markets (the Islamic Market World index, Islamic indices of USA, UK, Japan and the Islamic Financials sector index) which are of paramount importance for faith-oriented investors and particpants in the oil market. The results underscore the presence of time-varying lower tail dependence between the oil and Islamic stock markets. Furthermore, we provide supportive evidence of asymmetric down- and up-side risk spillovers from oil to the Islamic stock markets and vice versa. Finally, these asymmetric risk spillovers have significantly increased after the global financial crisis.     

论国际税收体制与国际贸易体制的相互影响和作用

国际税收体制与国际贸易体制发展的历史相互分开,互相独立,但根本目标一致,那就是减少、消除对国际商务活动的阻碍,促进资本、商品及人员的自由流动。然而在实现这一目标的方法上两者是不同的,国际税收体制是通过分配税收管辖权、减少和消除双重征税来实现这一目标;国际贸易体制是通过减少和消除关税及非关税壁垒来实现这一目标。国际贸易协议不能忽视税收问题,税收对国际贸易能产生扭曲性影响。     

Intradaily periodicity and volatility spillovers between international stock index futures markets

This paper examines short‐run information transmission between the U.S. and U.K. markets using the S&P 500 and FTSE 100 index futures. Ultrahighfrequency futures data are employed—which have a number of advantages over the low‐frequency spot data commonly used in previous studies—in establishing that volatility spillovers are in fact bidirectional. The generalized autoregressive conditionally heteroskedastic model (GARCH) is employed to estimate the mean and volatility spillovers of intraday returns. A Fourier flexible function is utilized to filter the intradaily periodic patterns that induce serial correlation in return volatility. It was found that estimates of volatility persistence and speed of information transmission are seriously affected by intradaily periodicity. The bias in parameter estimation is removed by filtering out the intradaily periodic component of the transaction data. Contrary to previous findings, there is evidence of spillovers in volatility between the U.S. and U.K. markets. Results indicate that the volatility of the U.S. market is affected by the most recent volatility surprise in the U.K. market. © 2005 Wiley Periodicals, Inc. Jrl Fut Mark 25:553–585, 2005     

Interesting problems and interesting research: A path to effective exchanges between managers and scholars

Understanding how organizations operate and finding ways to improve organizations are of central importance to managers and to scholars that study business. We believe that greater synergy can be developed between these two groups. In particular, we suggest that collaborating on issues that both groups view as interesting can provide a motivating and stimulating setting for finding ways to improve organizations. We also offer two series of specific recommendations: one for managers and one for scholars. These recommendations are intended to make each side’s goals more salient to the other and to help each side become a more valued resource for the other.     

Market efficiency across securities exchanges

Considerable empirical evidence has been presented in the literature of finance in recent years addressed to the question of the informational efficiency of the American capital market. The present paper adds to that evidence. In particular, securities traded off the NYSE—on the American Stock Exchange, on regional exchanges, and over the counter—are found to exhibit return characteristics that imply rather more frequent price departures from equilibrium than for their NYSE-listed counterparts. The data consist of the actual investment experiences of a large sample of individual investors with securities traded in the various locales.     

On the competition between an online bookstore and a physical bookstore

This study examines the relative competitiveness of online and physical bookstores. Online bookstores have the advantage of being able to provide a wide range of books while minimizing inventory costs, but customers must wait several days for their books. Physical bookstores allow consumers to immediately obtain their books, but consumers must pay a transportation cost to visit the store. We can find the condition such that online bookstores charge a lower price than physical bookstores and take a larger market share, and attract a higher proportion of consumers who prefer variety. The implication of the welfare analysis is also discussed.