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11.
Eiji Yamamura 《Atlantic Economic Journal》2012,40(1):85-99
This paper used Fédération Internationale de Football Association (FIFA) world ranking points data to examine how linguistic
heterogeneity has an impact on technology transfer from the most developed countries. The major findings were that the learning
effect from the most developed countries on team performance is larger for developing countries than for developed ones and
that linguistic heterogeneity has a detrimental effect on technology transfer for developed, but not developing countries.
The results presented here are interpreted to imply that the importance of common and proper comprehension of team strategy
among members, which improves team performance but is hampered by linguistic heterogeneity, depends on the stage of development. 相似文献
12.
Eiji Yamamura 《International Advances in Economic Research》2011,17(4):451-464
This paper uses individual data from Japan to explore how the circumstances of where a person resides is related to the degree
of their investment in social capital. Controlling for unobserved area-specific fixed effects and various individual characteristics,
I found (1) not only that homeownership and length of residence are positively related to investment in social capital, but
also that rates of homeownership and long-time residency in a locality increase an individual’s investments in social capital.
Also, (2) the effects of local neighborhood homeownership and local length of residence are distinctly larger than those of
an individual’s homeownership or length of residence. 相似文献
13.
Eiji Yamamura 《Japan and the World Economy》2010,22(3):193-197
Using individual level data, this paper examines how and to what extent the behavior and perception of those bringing lawsuits differ between large district courts (competitive lawyer market) and medium or small district ones (less competitive lawyer markets). The major findings are: (1) in medium and small, but not large districts, trial experience discourages people from employing a lawyer. (2) A natural person is less likely to employ a lawyer than a legal entity in medium and small districts, but not in large ones. (3) The self-rated cost of searching for a lawyer is lower in large districts than small ones. It follows from these results that the lower competitive pressure in the lawyer markets in medium and small districts results in higher costs to employ a lawyer than is found in large districts. 相似文献
14.
This paper develops a simple test à la Pesaran (2007) for the null hypothesis of stationarity in heterogeneous panel data with cross-sectional dependence in the form of a common factor in the disturbance. We also allow for serial correlation. 相似文献
15.
Time path in innovation, imitation, and growth: the case of the motorcycle industry in postwar Japan
This study attempts to explore how an industry evolves over time based on a case study of the motorcycle industry in Japan from 1948 to 1964. Using individual firm data, we estimate the determinants of technology improvement and firm growth separately for different development phases, after controlling for the probability of firm survival. We find that the industrys rapid growth in the early phase can be explained by massive entry and the imitation of simple technologies, whereas sustained growth in later phases can be explained by innovations and subsequent imitations, as well as the exit of inefficient firms.JEL Classification:
O14, L10, L62, N65
Correspondence to: Tetsushi SonobeWe are grateful to Kotaro Horiuchi, Shunji Tanaka, Katsuaki Nishino, Michael Kevane, Uwe Cantner, and two anonymous referees for their helpful comments and suggestions. 相似文献
16.
Eiji Kurozumi 《Oxford bulletin of economics and statistics》2005,67(2):181-206
In this paper, we investigate a test for structural change in the long‐run persistence in a univariate time series. Our model has a unit root with no structural change under the null hypothesis, while under the alternative it changes from a unit‐root process to a stationary one or vice versa. We propose a Lagrange multiplier‐type test, a test with the quasi‐differencing method, and ‘demeaned versions’ of these tests. We find that the demeaned versions of these tests have better finite‐sample properties, although they are not necessarily superior in asymptotics to the other tests. 相似文献
17.
This paper considers the issue of selecting the number of regressors and the number of structural breaks in multivariate regression models in the possible presence of multiple structural changes. We develop a modified Akaike information criterion (AIC), a modified Mallows’ Cp criterion and a modified Bayesian information criterion (BIC). The penalty terms in these criteria are shown to be different from the usual terms. We prove that the modified BIC consistently selects the regressors and the number of breaks whereas the modified AIC and the modified Cp criterion tend to overfit with positive probability. The finite sample performance of these criteria is investigated through Monte Carlo simulations and it turns out that our modification is successful in comparison to the classical model selection criteria and the sequential testing procedure robust to heteroskedasticity and autocorrelation. 相似文献
18.
James Ike Schaap Yvonne Stedham Jeanne H. Yamamura 《International Journal of Hospitality Management》2008
This study provides an exploratory analysis of gender differences in perceptions of male and female managers during strategy implementation within the Nevada casino industry. Specifically, the study explores whether male and female managers differ with respect to the relative emphasis placed on a variety of factors related to successful strategy implementation. Considering women's preference for transformational leadership and an interactive management approach based on personal power, it was expected that women would emphasize different factors than men. 相似文献
19.
We investigate the extent to which a common currency basket peg would stabilize effective exchange rates of East Asian currencies. We use an AMU (Asian Monetary Unit), which is a weighted average of ASEAN10 plus 3 (Japan, China, and Korea) currencies, as a common currency basket to investigate the stabilization effects. We compare our results with another result on stabilization effects of the common G3 currency (the US dollar, the Japanese yen, and the euro) basket in the East Asian countries [Williamson, J., 2005, A currency basket for East Asia, not just China. In: Policy Briefs in International Economics, No. PB05-1. Institute for International Economics]. We obtained the following results: first, the AMU peg system would be more effective in reducing fluctuations of the effective exchange rates of East Asian currencies as a number of countries applied the AMU peg system increases in East Asia. Second, the AMU peg system would more effectively stabilize the effective exchange rates than a common G3 currency basket peg system for four (Indonesia, the Philippines, South Korea, and Thailand) of the seven countries. The results suggest that the AMU peg system would be useful for the East Asian countries whose trade weights on Japan are relatively higher than others. J. Japanese Int. Economies 20 (4) (2006) 590–611. 相似文献
20.
After the Asian currency crisis in 1997, the monetary authorities of East Asian countries have been strengthening their regional monetary cooperation. In this paper, we propose a deviation measurement for coordinated exchange rate policies in East Asia to enhance the monetary authorities’ surveillance process for their regional monetary cooperation. We calculate an Asian Monetary Unit (AMU) as a weighted average of East Asian currencies following the method used to calculate the European Currency Unit (ECU). Also, we calculate AMU Deviation Indicators which show how much each of the East Asian currencies deviates from a hypothetical benchmark rate in terms of the AMU. Furthermore, we investigate relationships between the AMU Deviation Indicators and the effective exchange rates, which mean international price competitiveness in terms of international trade. We found strong relationships between the AMU Deviation Indicators and the effective exchange rates except for some currencies. The results suggest that monitoring the AMU Deviation Indicator will be useful for the monetary authorities’ surveillance in East Asia in order to stabilise their effective exchange rate or price competitiveness among the East Asian countries. 相似文献