Tourism Gears up for the Olympics

Since China has carried out the stricter visa policy from June, there is a popular saying that it will hold foreign visitor back from traveling in China and affect the related industries largely. Is it true or not？ Let＇s observe this issue from the following aspects.     

Scientific publications, patents and technological capabilities in late-industrializing countries

Investments in learning in late-industrializing countries have began to include outputs in the form of scientific publications and patents. We examine the patterns which these outputs take by correlating their growth rates with foreign investment, capital formation, R&D expenditures and other variables. We also analyze the scientfic fields of Publications. Where possible, we compare the patterns of latecomers with those af advanced countries, and try to assess whether there has been convergence or divergence in the number of patents and scientific publications over time.     

Alarms Remain,Efforts Continue

China must come to terms with the fact that it has quality problems in at least 1% of its products. Though there is no country in the world that can completely avoid problems,given the responsible role China plays on the international stage,China should stop to take a look at itself and find ways to improve.China must examine herself carefully,when looking at the production chain;we have to keep aware that some alarms still remain.     

Servant Leadership: a Systematic Literature Review and Network Analysis

Employee Responsibilities and Rights Journal - Servant leadership is a form of moral-based leadership where leaders tend to prioritize the fulfillment of the needs of followers, namely employees,...     

Returns to scale: concept,estimation and analysis of Japan's turbulent 1964–88 economy

Abstract There is policy interest in factoring productivity growth into technical progress and returns to scale components. Our approach uses exact index number methods to reduce the parameters that must be estimated, and allows us to exploit the cross‐sectional dimension of plant‐level panel data. We show that the same equation can also be used to estimate ‘Harberger’ scale economies and technical progress indicators that require fewer assumptions. Estimates of the elasticity of scale for Japanese establishments in three major industries over 1964–88 are presented. Our study spans the high growth era of the 1960s, two oil shocks, and other exogenous shocks.     

Multilateral Comparisons of Productivity, Terms-of-Trade and Factor Accumulation

This paper proposes a new approach for multilateral comparisons using index numbers. The new approach combines two recently-proposed innovative techniques to examine differences among economies at various levels. The Minimum Spanning Tree algorithm, based on the idea of minimizing substitution bias of bilateral comparisons, provides a possible ordering for panel data. Making use of the suggested ordering, bilateral Törnqvist price and quantity indexes are calculated and multilateral indexes are obtained by chaining. An index-number based approach is then used to decompose the differences in GDP at the bilateral level. Different sources that contribute to the differences in GDP are considered: productivity differences, terms of trade differences, factor endowments differences and domestic output price differences. The newly formed indexes are base-invariant which provides strong support for using the technique for multilateral comparisons. An illustration of the technique using data from China and four OECD countries is included.     

Price dynamics, retail chains and inflation measurement

We use a large scanner price dataset to study grocery price dynamics. Previous analyses based on store scanner data emphasize differences in price dynamics across products. However, we also document large differences in price movements across different grocery store chains. A variance decomposition indicates that characteristics at the level of the chains (as opposed to individual stores) explain a large fraction of the total variation in price dynamics. Thus, retailer characteristics are found to be crucial determinants of heterogeneity in pricing dynamics, in addition to product characteristics. We empirically explore how the price dynamics we document affect price index measures.     

A review of the internationalization of Chinese enterprises

This article reviews the scholarly research on the internationalization of Chinese enterprises (ICE) through bibliometric citation analysis. We do so through a data visualization technique and analysis of 206 articles which are authored by 382 scholars in 72 different journals published between 2003 and 2016. The results reveal four research streams in the context of ICE: (1) testing traditional FDI theory, (2) location choice, (3) entry mode choice, and (4) drivers and motivations of internationalization. While international business (IB) journals, such as the Journal of World Business, the Journal of International Business Studies, and International Business Review, have taken a lead role in pushing the ICE literature stream forward, geographically focused general management journals, such as the Asia Pacific Journal of Management and Management & Organization Review, have also made a singular contribution. The impact of perspective, in terms of author and institution affiliation, on the literature set is also examined. Finally, issues related to data, methodological rigor and theoretical underpinnings are highlighted. To advance the ICE literature, we proposed a holistic framework of drivers and motivations of Chinese outward FDI and present some promising future research areas.