The Impact of Import Competition and Export Opportunities on the Dutch Labour Market

De Economist - We study the impact of rising Chinese and Eastern European import competition and export opportunities between 2001 and 2016 on the Dutch labour market. Both the participation of...     

Domestic value chains as stepping stones to global value chain integration

Identifying the determinants of global value chain (GVC) integration is essential to understand the past expansion and current slowdown in GVCs. In this paper, we study the role of domestic value chains (DVCs) for GVC integration. In the presence of industry‐specific fixed costs of fragmenting production and of switching across input suppliers, DVCs can either be stepping stones or stumbling blocks for subsequent GVC entry. Focusing on backward linkages, that is, the sourcing of intermediates, we provide robust empirical evidence in favour of the stepping‐stone hypothesis. In our benchmark specification, a one standard deviation increase in DVC integration raises subsequent GVC integration by about 0.4%. To identify the mechanisms at work, we exploit two dimensions of industry‐level heterogeneity: product differentiation (a proxy of fragmentation costs) and relationship specificity (a proxy of the costs of switching between suppliers). We find that DVC integration is less conducive to GVC integration in industries that are characterised by relatively high switching costs and relatively low fragmentation costs.     

Audit committees and financial reporting quality: The 8th EU Company Law Directive perspective

In order to increase corporate governance quality, the 8th EU Company Law Directive enacted a mandatory audit committee in publicly listed companies in the EU and defined its tasks and responsibilities. In response to the directive, we examine the incremental value of audit committee monitoring effectiveness and audit committee competencies over the mere existence of an audit committee. We find that audit committee monitoring effectiveness and competencies are positively associated with financial reporting quality, whereas, somewhat surprisingly, the effect of the existence of an audit committee is negative. This finding shows that the existence of audit committees is a necessary but not a sufficient condition for enhancing financial reporting quality. Collectively, the study’s findings suggest that the 8th Directive has had a positive effect on corporate governance quality and, in turn, financial reporting quality in the EU.     

The EU Elephant: Europe in the 2021 Dutch General Elections

Intereconomics - For the Netherlands, the single most important EU issue is the future of the eurozone.     

Ambiguous workarounds in policy piloting in the NHS: Tensions,trade‐offs and legacies of organisational change projects

Pilot projects are increasingly used as a mechanism to enact organisational change, particularly government policy. Information technology's centrality to organisations often makes it key to the introduction of new processes. However, it can give rise to workarounds as employees circumvent impediments it presents by rejecting its prescribed use. Workarounds tend to be conceptualised dichotomously, as either ‘good’ problem solving, or ‘bad’ subversion of the technology. In pilot projects, workarounds are more ambiguous because those that support projects' successful completion in the short‐term may undermine day to day operations longer term. We draw on interview data from a policy pilot in general practice in the National Health Service in England aimed at extending access to care. We problematise the dichotomous conceptualisation of workarounds, finding they can be simultaneously supportive and undermining of policy pilots. Workarounds thereby become political, as employees are required to trade‐off consequences for themselves and the wider organisation.     

La importancia económica de la legislación de protección del empleo y sobre modalidades diferentes de empleo en 117 países, 1990–2013

Mediante análisis econométrico de series temporales con datos de panel no estacionarios, se estiman los efectos de la legislación de protección del empleo y de la protección jurídica de modalidades diferentes de empleo (a tiempo parcial, temporal y a través de agencias) sobre los resultados económicos utilizando datos del CBR‐LRI. Se observa un aumento del nivel de protección a lo largo del tiempo. Una mayor protección se asocia a un incremento de la participación del trabajo en la renta nacional, de la tasa de actividad y del empleo y a una disminución del desempleo, aunque de magnitudes relativamente pequeñas en comparación con las tendencias económicas más generales.     

Pilot workload and fatigue on short-haul routes: an evaluation supported by instantaneous self-assessment and ethnography

In the context of claims that the European Aviation Safety Agency’s flight and duty- time regulations pose a threat to safety, pilot workload and fatigue were assessed on two short-haul routes using a mixed-methods approach. Data produced by the US Air Force School of Aerospace Medicine Crew Status Survey (CSS) showed that pilots rarely assessed workload and fatigue to be high-risk. Data produced by an ethnographic study somewhat contradicted the CSS findings, with some pilots claiming to be fatigued. The combined data suggested a correlation between both workload and fatigue and aviation system dynamics such as airspace manoeuvring restrictions, especially in the vicinity of busy airports. The research presented an opportunity to test claims made for the CSS, specifically that it is ‘easily understood, easy to administer and minimally intrusive’. Missing forms and errors suggest that it is not as reliable a research instrument as proponents suggest, although contextual factors may have served to reduce the volume and quality of data. It is concluded that a pre-survey, systems-thinking-informed evaluation of the host airline would suggest ways of improving buy-in.     

The influence of a film on destination image and the desire to travel: a cross‐cultural comparison

The objective of this study was to measure the immediate impacts of a film on the perceptions of viewers from different countries. The film chosen for this experiment was the Motorcycle Diaries in which South America was featured prominently in the film. Using established scales from the tourism and marketing literature, viewers from the USA, Canada and Spain were surveyed before and after seeing the film, and results showed that the film did change the viewers' perceptions of South America. After watching the film, a large percentage of the respondents expressed a desire to visit the countries seen in the film, with Canadians showing a significantly higher desire to visit South America than the US and Spanish participants. Those who were motivated to travel by the film were especially influenced by the scenery, landscape and the cultural attractions of the destination as depicted in the movie. Copyright © 2010 John Wiley & Sons, Ltd.     

The effect of information sharing between lenders on access to credit,cost of credit,and loan performance – Evidence from a credit registry introduction

Using a rich dataset from a commercial bank in Albania, we utilize the introduction of a public credit registry by the Albanian central bank in January 2008 as a natural experiment to analyze the effect of information sharing between lenders on (1) access to credit, (2) cost of credit, and (3) loan performance. Our results suggest that information sharing by means of a credit registry does not affect access to or cost of credit, but improves loan performance. Specifically, loans granted after the introduction of the credit registry are 3% points less likely of turning problematic, representing a 35% reduction of the overall sample average arrear probability. We further find that the effect is more pronounced for repeat borrowers and in areas, where competition is weak. This indicates that information sharing among lenders improves loan performance mainly by disciplining borrowers to repay in their concern about future access to credit.     

How Do Chinese Firms Deal with Inter-Organizational Conflict?

Based on social exchange and customer relationship marketing theory, this study examines how ethical leadership contributes to inter-organizational conflict management (task conflict (TC) and relationship conflict), and the moderating role of task interdependence in these relationships. Data was collected from 81 suppliers and 45 corresponding managers of a large group company in China. Results show that ethical leadership is negatively associated with the levels of inter-organizational conflict, whether task or relationship. Task interdependence significantly moderates the relationship between ethical leadership and TC. Managerial implication in terms of creating sound buyer–supplier relationship through an ethical perspective is discussed.