Industrialization in an age of globalization: some comparisons between East and South East Asia and Latin America

The contrast between industrial experience in East and South East Asia and Latin America is dramatic. Whilst a first generation of newly industrialized economies in East Asia grew rapidly on the basis of manufacturing expansion, the longer‐established industries of Latin America have performed relatively poorly by most indicators. This paper utilizes data from UN and World Bank databases to assess relative performance since the early 1980s. It shows that whilst there is some evidence of modest catch‐up in efficiency terms for Latin America in the 1990s, this is not enough to make serious inroads into the loss of international competitiveness experienced by the region in earlier decades.     

From Experience: Applying Performance Support Technology in the Fuzzy Front End

A new product originates from an idea, or in many cases, integration of multiple ideas. The process of transforming an idea into a robust concept requires definition of the underlying technologies, identification of expected customer benefits, and assessment of the market opportunity. The idea-development and subsequent idea-selection stages of new product development are often referred to as the "fuzzy front end" because they typically involve ad hoc decisions and ill-defined processes. To address this shortcoming, Nortel developed an idea-to-opportunity front-end process that provides a consistent and structured approach for idea development and evaluation. This article describes the process and how it was implemented using electronic performance support technology.     

Decentralized environmental regulations and plant‐level productivity

Using the framework provided by the Porter hypothesis, we study the impact of environmental regulations and enforcement policies on plant‐level green total factor productivity (TFP) growth and its components related to efficiency change and technical change. The detailed microdata we use are from Sweden and for the pulp and paper industry. This industry is the source of significant amounts of water and air pollution and is one of the most heavily environmentally regulated manufacturing industries. Sweden has a unique decentralized regulatory structure where the manufacturing plants have to comply with plant‐specific regulatory standards stipulated at the national level, as well as decentralized local supervision and enforcement. Our empirical results point to beneficial impacts of the environmental policies on plants' green TFP growth and sustainable production practices. We also find that political economy considerations are important, as the presence of the Green Party and aspects like plant size (with corresponding local and regional economic effects) matter in enforcement of the standards.     

Total factor productivity growth in banking: The Israeli banking sector 1979–1982

The primary focus of this paper is the modeling and estimation of total factor productivity growth in banking. The measured total factor productivity growth is decomposed into its main components: 1) scale economy and output growth, 2) branching effect, and 3) technological change effect. Our findings indicate that total factor productivity grew at an annual average rate of 7.8% for the 1979–1982 period but this growth has slowed down to only 2.9% for the 1981–1982 period. Scale economy and output growth have contributed to about four-fifths of the growth, whereas branch growth and technical change have contributed to one-fifth of the growth. An important observation is the increasing importance of both branch growth and technical change throughout the period, especially for smaller banks.The refereeing process of this paper was handled by J. van den Broeck.     

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Dynamische Berechnung der Stromgestehungskosten von Energiespeichern für die Energiesystemmodellierung und -einsatzplanung

Due to the transition in energy supply from fossil to renewable energy sources, energy storage systems are getting more and more important for the security of power supply. Therefore also the modeling of those storage systems in energy system modeling needs to be further discussed. This paper focuses on the levelized costs of energy storage. In the beginning, the existing approaches of calculating those costs are analyzed in a literature review. It will be shown that all of the approaches calculate the levelized costs on the basis of the energy storages’ lifetime. For the usage in energy system modeling it is mandatory that the calculation can be done for variable and shorter time periods. Therefore this work’s approach calculates the costs based on the time of operation in any period chosen. Additionally, the model can be used for any type of storage system. After introducing the mathematical model, the levelized costs of energy storage will be calculated to illustrate the models properties and then verified with reference load profiles for five different energy storage types. Following this, particular input parameters are varied and sensitivities are pointed out. Most of the programs for power plant dispatch calculations use linear or mixed integer linear programing algorithms. As the calculation of levelized costs of electricity is non-linear, most programs use fixed values during the whole time of simulation. In this article the integration of the presented approach into a linear optimization program via recursive and shifted calculation is elaborated. Results are presented and discussed.