Infrastructure Development and the Repositioning of Power in Three Mekong Region Capital Cities

Infrastructure — broadly defined to include road and rail networks, telecommunications, electricity and other utilities — offers both direct and indirect benefits to economic growth. The direct effects include employment and contracts for local firms, while its role as an enabling technology means that a multiplier effect is provided for the economy as a whole. Infrastructure also has a role to play in promoting the efficiency of governance and social cohesion. The relative importance of these factors varies according to the specific conditions applying within a geographical location. The Burmese capital, Naypyidaw, for example, has a symbolic status as the seat of postcolonial Burmese power, while also offering a strategic location from which to govern the country. The role of infrastructure in this case is to promote efficiency of rule and create a network in which the city can form a node connected with economically important locations. In Phnom Penh and Vientiane, by contrast, infrastructure is being used to both promote economic activities and link up with cross‐border markets. In all cases, albeit in different ways, capital cities are being repositioned within actual and emerging power networks in order to control and take advantage of processes of international capital accumulation.     

Estimating population mean,variance, and percentage points from truncated data

Abstract

Consider a set of observations which are obtained by truncating a sample of known size. The truncation procedure consists of deleting a known number of the largest sample values and a known number of the smallest sample values. One problem considered is the use of this data to estimate certain of the population percentage points for which the corresponding sample data was deleted. Another problem is to estimate the population mean and standard deviation. This paper presents solutions to these problems which are valid for a rather general class of continuous statistical populations. The results obtained should be applicable to most practical cases of a continuous type. A sample analog of the percentage point estimation procedure has interesting uses for life testing situations. Namely, the first time at which a specified number of additional items of a sample will have failed can be predicted from the values of the items which have already failed.     

The Firm Size Distribution and Inter-Industry Diversification

We show that the stylized facts of the Firm Size Distribution (FSD) by age cohorts, as shown in Cabral and Mata (2003), bind within 4-digit manufacturing industries in the UK and Belgium. This paper investigates whether the time to build a portfolio of products from inter-industry diversification is a mechanism that helps explain the stylized facts of the FSD by age cohorts. We find that the degree of inter-industry diversification has a separate impact on firm size when controlling for age, amongst other factors. Using the techniques of Cabral and Mata, we find that inter-industry diversification does shift the FSD to the right, and more so in older age groups.     

Actuarial validity of the binomial distribution for large numbers of lives with small mortality probabilities

Abstract

In a previous paper (see reference [1]), the binomial distribution was shown to be valid under rather general conditions for the case of a large number of statistically independent lives with possibly unequal mortality probabilities. This note extends these results to some situations where the lives are not necessarily statistically independent. An analysis is presented which indicates that these situations include most actuarial applications involving a large number of lives.     

Inequality in Europe: What can be done? What should be done?

As economic inequality in Europe has continued to rise, it has become the subject of increasing academic attention. What are the drivers of inequality? How does it affect intergenerational economic and social mobility? At what point does inequality become a drag on economic growth or a threat to social order? What economic policy tools are available to reduce inequality? This Forum addresses these and other aspects of this complex and disturbing trend. Case studies of Ireland, Germany and Spain also highlight the impact of economic inequality on individual member states.     

Measuring consumer vulnerability to perceived product-similarity problems and its consequences

Abstract

The brand clutter in many product categories and increasing numbers of similar products, some of which are deliberate look-alikes, make it more difficult for consumers to distinguish between brands, which can lead to more mistaken and misinformed purchases. Moreover, increasing brand similarity is likely to influence important consumer outcomes. To examine this phenomenon, a perceived product-similarity scale developed in Germany was administered to 220 consumers in the United Kingdom. Following the formulation of testable hypotheses and assessments of the scale's reliability and validity, the scale was used to measure perceived product similarity (PPS) across three different product categories, while examining the impact of PPS on brand loyalty and word of mouth. Structural equation modelling revealed that PPS significantly affects word of mouth but not brand loyalty. In addition, cluster analysis identified three meaningful and distinct PPS groups. Implications for marketing managers, consumer policy makers, and marketing research are discussed.     

Determinants of female administrative support personnel compensation at a large public university

Compared with research on faculty salaries and executive compensations, very little is known about the earnings of administrative office support personnel. This paper constructed and estimated the total compensation variant of a modified human capital earnings model, using a 1989–90 fiscal year microdata sample consisting of about 300 all-female office workers (administrative secretaries, regular secretaries and clerks) at a large public university. The total compensation (consisting of wages plus actual dollar costs of five employer-paid health/life/accident,longevity, sick leave, vacation and pension benefit plans) specification fitted the data reasonably well. The pattern of estimated differential returns to specific human capital attributes within administrative support occupations tends to be significant, and is consistent with the ‘skill atrophy’ prediction of the human capital theory. Implications of the findings for secretarial productivity, career choice decisions and opportunities for advancement are discussed.     

Trade in Parts and Components and the Industrial Geography of Central and Eastern European Countries

Growing inflows of FDI and the increasing integration of domestic firms into International Production Networks (IPNs) set up by EU-15 partners have yielded a rise in trade in parts and components for Central and Eastern European Countries (CEECs). As a consequence, new patterns of localization of industrial activities have been observed in the region since the mid-1990s. In this paper, I propose a comprehensive model of trade and production which tries to explain cross-country variations of sectoral output by comparative advantages (Ricardo, Heckscher–Ohlin) and agglomeration forces (home market effect, market potential), with a focus on the role played by trade in middle products. The empirical implementation reveals that the higher is the involvement in IPNs the larger is the domestic share of regional output. Comparative advantages are a crucial determinant of localization as opposed to agglomeration forces. I argue that these results can be interpreted as an assessment of the predictive power of two alternative trade theories. JEL no.  F10, F12, F14, F15     

Why do off‐shored Indian call centre workers want to leave their jobs?

Employee turnover is a major problem in off‐shored Indian call centres. Agents who service Western customers often face hostility and racial abuse because of who they are and where they are located. A substantial part of job‐related training focuses on teaching employees to manage their identity and modify their accent. Based on a sample (n = 211) of Indian call centre workers servicing international customers, we explore these issues and investigate how they affect employee turnover intentions. The study utilises Taylor and Bain's (2005) distinction between factors particular to the Indian context and those more generic to the call centre labour process to better understand the drivers of turnover. We found that a number of distinctive factors including accent modification difficulty, stigma consciousness, racial abuse and perceived favouritism were associated with turnover intentions. The study also revealed that certain job‐related factors related to intentions to leave, including routinisation and poor promotional opportunities.