Visual communication technology : Priorities for the 1980s

The author considers a strategy for the study of visual communications in the 1980s. To establish a basis for this strategy, market research was carried out to ascertain major visual communications needs in leading business organizations. The systems found to have greatest potential were video conferencing, interactive information retrieval, facsimile, document processing, and office automation (integrating all four systems). In the light of these requirements, the author describes a study programme for the 1980s and shows which technologies should be developed.     

Change and Transformation in Asian Industrial Relations

We argue that industrial relations (IR) systems change due to shifts in the constraints facing those systems and that the most salient constraints facing IR systems in Asia have shifted from those of maintaining labor peace and stability in the early stages of industrialization to those of increasing both numerical and functional flexibility in the 1980s and 1990s. The evidence to sustain this argument is drawn from seven "representative" Asian IR systems: Japan, South Korea, Singapore, Malaysia, the Philippines, India, and China. We also distinguish between systems that have smoothly adapted (Singapore, Malaysia, and the Philippines) and systems that have fundamentally transformed (China and South Korea) and hypothesize about the reasons for this difference.     

From coal mining to a high technology economy? the case of an innovation centre in South Yorkshire

The deep coal mining industry was in rapid decline in Britain in the 1980s and 1990s. In many localities formerly associated with the industry, there was a need to encourage diversification and innovation as a means of economic regeneration. The activities of one project which aimed at this are examined here.     

British Managers' Attitudes and Behaviour in Industrial Relations: A Twenty-Year Study

A unique longitudinal study of Britain's managers conducted in 1980, 1990 and 2000 permits comparisons of managerial attitudes and behaviour in industrial relations over twenty years. We find clear evidence of the relationship between macro‐level political and economic movements of the period from 1980 up until the late 1990s on managerial attitudes, the impact of changes in power relations and the ‘lag effect’ of institutions. The most unexpected findings are the modest rise of managerial unionism in the 1990s and the limited evidence of the replacement of collective bargaining by either individual or group involvement or by employee financial participation.     

English-Language Skills and the Earnings of Self-Employed Immigrants in the United States: A Note

Employing U.S. Census data, this study analyzes how English-language fluency affected the earnings of self-employed immigrant men in the 1980s. Our results suggest that English proficiency became a more important determinant of earnings for foreign-born entrepreneurs in 1990 compared with 1980, even while controlling for factors affecting selection into self-employment.     

Changes in REIT Structure and Stock Performance: Evidence from the Monday Stock Anomaly

It is well documented that REITs in the 1990s experienced significant changes in their structure and attracted greater institutional participation. This article finds that REIT stocks with higher institutional holdings perform better on Monday than REITs with lower institutional holdings during the 1990s, but not in the 1980s. Furthermore, REITs that went public in the 1990s are the ones associated with the shift in the Monday return pattern. Our study supports the claim that the change in REIT structure and the increase in institutional participation in the REIT market in the 1990s make REIT stocks behave more like other equities in the stock market.     

Changes in trade and domestic distortions affecting China’s agriculture

This paper assesses the implications of China’s trade and domestic policies for incentives to producers in China. It uses a price comparison methodology (nominal rates of assistance—at the border and the farmgate), with adjustments for exchange rate distortions in the first part of the sample period (1981–1994). On average, distortions to agricultural incentives have been reduced. In the early 1980s, on average, China’s domestic prices were far below international prices. There were substantial variations, however, between imported (which were being protected) and exported goods. During the 1980s and 1990s the gap between domestic and international prices for both imports and exports narrowed initially mainly due to the elimination of domestic policy distortions. Between the mid-1990s and 2004, trade liberalization policy furthered narrowed the gap between world and China farmgate prices. By the mid-2000s, China’s agriculture was operating with only small price distortions.     

Are there waves in merger activity after all?

This paper investigates the merger wave hypothesis for the US and the UK employing a Markov regime-switching model. Using quarterly data covering the last 30 years, for the US, we identify the beginning of a merger wave in the mid 1990s but not the much-discussed 1980s merger wave. We argue that the latter finding can be ascribed to the refined methods of inference offered by the Gibbs sampling approach. As opposed to the US, mergers in the UK exhibit multiple waves, with activity surging in the early 1970s and the late 1980s.     

Unions and Workplace Closure in Britain, 1990–1998

This paper assesses union effects on workplace closure in the private sector in Britain between 1990 and 1998 using panel data from the 1990–98 Workplace Employee Relations Survey. On average, unions raised the chances of workplace closure in Britain in the 1990s, in contrast to the 1980s. However, the size and statistical significance of union effects differ across dimensions of unionization and type of workplace. Furthermore, the results are sensitive to the definition of workplace closure.     

Hispanic Ethnicity,English‐Skill Investments,and Earnings

Analyzing synthetic cohorts in the 1980 and 1990 Public Use Microdata Samples, we find that Mexican‐Americans and other Hispanics acquired English fluency at a faster pace than Puerto Ricans and Cuban‐Americans during the 1980s. Additional results indicate that English‐skill investments differently influenced the earnings distributions of these ethnic groups.     

Chicago's Office Market: Price Indices, Location and Time

Conventional wisdom holds that overbuilding and high vacancy, coupled with curtailed tax benefits, have led to reduced office property values since the late 1980s. Yet assertions that office real estate values fell between the mid-1980s and mid-1990s are not supported everywhere by convincing evidence. This study offers a hedonic analysis of Chicago area office properties that sold from 1986 through 1993. Whereas earlier office market studies generally have been based on rents, this study focuses on variation in actual sale prices (although the prices were not adjusted for financing differences). The transaction-based index estimated here does not support the existence of a nominal office property price level decline beginning in the mid-to-late 1980s. In fact, the results show an upward trend in office property values after 1986, with nominal declines in office market price levels occurring only in the latter portion of the study period.     

The Disappearing Relationship Between Directors' Pay and Corporate Performance

In this paper we investigate the relationship between the remuneration of the highest paid director and the economic performance of approximately 300 large UK companies over the 1980s and early 1990s. The rate of growth of directors' remuneration was very high over this time period (about 20 per cent per year on average) and very weakly linked to corporate performance. Any such link breaks down after 1988, when the very high pay awards received by top directors in the recessionary period up to 1991 appear to be unrelated to the performance of their companies, whether corporate performance is measured using stock market data or using accounting data on earnings per share. Rather, it appears that corporate growth is an important determinant of the change in directors' remuneration. These results strongly call into question the effectiveness of current systems of pay determination for top company directors.     

Technological innovation and employment: Data from a decade in Spain

This paper analyses how technological change is affecting employment in Spain. Focussing especially on New Information Technology, the latest technological innovations and their effects on employment, in both quantitative and qualitative terms, are considered. Subsequent attention highlights one of the principal problems revealed by the implementation of new technologies in Spanish firms: a shortfall in appropriately qualified workers. This gap could be bridged in two ways: by increasing flexibility and by increasing employee training programmes. Both are dealt with in the final part of this paper. Use has been made of data corresponding to the Spanish economy from the mid-1980s to the late-1990s.     

It's Been A Hard Day's Night: The Concentration and Intensification of Work in Late Twentieth‐Century Britain

This paper presents evidence on trends in work pressure in late twentieth‐century Britain. The main findings are: (1) Average hours of work levelled off at the start of the 1980s, following a long historic fall, but have not increased since. However, the dispersion of hours has increased, and working hours have been concentrated into fewer households. (2) Work effort has been intensified since 1981. Intensification was greatest in manufacturing during the 1980s, and in the public sector during the 1990s. (3) Between 1986 and 1997 there have been substantial increases in the number of sources of pressure inducing hard work from employees.     

Mechanization in Ghana: Emerging demand,and the search for alternative supply models

Influential studies in the 1980s and early 1990s drew on the Boserup–Ruthenberg theories of farming systems evolution to argue that African countries were not yet ready for widespread agricultural mechanization. Through applying the theories of farming systems evolution and of induced innovation in technical change, this paper shows that demand for certain mechanized farming operations particularly plowing has emerged even among smallholders, suggesting that supply issues may now be the main constraint to successful mechanization. We therefore adopt a supply chain approach to analyze two types of mechanization practices in Ghana, i.e., a recent state-led mechanization program and the private sector-led service hiring market, against an international perspective by drawing on three Asian supply models. We identify two major flaws in existing policies. First, the agricultural mechanization service centers that the government promotes fail to use tractors services with sufficient intensity. Second, direct importation of agricultural machinery by the government inhibits imports of appropriate and affordable machinery. In contrast, the development of mechanized service hiring market in which medium and large scale farmers who are tractor owners provide hiring-out services to small-scale farmers represents a promising model for sustainable mechanization in Ghana. This private sector-led second model is consistent with international experiences.     

Union Decline in Britain

This paper considers the rapid decline in unionization that has occurred in Britain since the late 1970s. The overwhelming factor underpinning falling unionization was a failure to organize new establishments set up in the last twenty years or so, thus confirming that developments since 1990 represent a continuation of the pattern revealed in earlier work for the 1980–90 period. The sharpest falls in unionization occurred in private manufacturing establishments set up after 1980. Finally, there is some evidence that it is age of workplace, rather than age of worker, that is the critical age‐based factor behind union decline.     

What can we learn from past price stabilization policies and market reform in Mexico?

This paper reviews experience with policy reforms in the maize sector in Mexico, beginning in the 1980s with particular reference to impacts on price variability. It analyses Mexico’s transition from past price stabilization policies under a state-trading enterprise to market reforms implemented during the 1990s. The nature, extent, and costs to producers and consumers of maize policies is discussed for both the pre-reform and the reform periods. Although wide ranging reforms have been introduced, impacts on efficiency and fiscal outlays have been less than expected.     

Electronic information services : An emerging market opportunity?

This article considers the key market development issues of electronic information services (EIS). Two variables — technology and demand — are used to model the past behaviour of the market (1975–1984) and to propose a process to stimulate EIS market development in the 1990s. The changes in the supply side of the EIS market since 1984 are summarized and interpreted as moves to realize greater market integration. The author concludes by outlining policy implications for the 1990s and noting the need for a shift in emphasis towards demand-oriented measures.     

Restructuring and Workplace Unionism at Manchester Airport

This paper provides evidence from empirical case-study research into the impact of compulsory competitive tendering on workplace union organization among the baggage-handling workforce at Manchester Airport. It documents the main processes of development within an historical context, assessing the strengths and weaknesses of workplace unionism during the 1980s, the recent challenge posed by managerial restructuring in the early 1990s, and the wider implications for debates about the 'state' of workplace unionism in Britain today.
Compared with the union resilience displayed by the baggage handlers during the 1980s, the nature of shop-stewards' organization appears to have changed drastically to managemenťs advantage during the last few years. However, continuing underlying tensions in worker-management relations suggest that this situation may not necessarily amount to a fundamental and irreversible transformation in the nature of workplace unionism in the manner in which those who use the vocabulary of the 'New Industrial Relations' would suggest.     

Who Do Firms Lay Off and Why?

I develop and test a structural–historical account of corporate reductions in force (RIF) to assess whether this widespread process was redistributive or efficient. I argue that changes in the context of restructuring in recent decades, coupled with substantial changes in organizational compensation systems, lead to temporal variation in the likelihood of “broken‐contract” RIF, in which firms terminate highly paid managers, and “trimming the fat” RIF, in which firms terminate low‐performing managers. Analyses of personnel records from a Fortune 500 manufacturing firm indicate that low performance leads to increased risk of separation in each of the two RIF undertaken by the firm, with the effect becoming stronger over time in part because of changes in the firm’s performance management system. By contrast, high wages were a more important factor explaining departure during the firm’s RIF in the 1980s—when competitive pressures to default on bonded contracts were strong—than during its RIF in the 1990s.