The Law and Bioeconomics of Ethnic Cooperation and Conflict in Plural Societies of Southeast Asia: a Theory of Chinese Merchant Success

Overseas Chinese dominate merchant roles in the economies of Southeast Asia. Chinese merchant success has generated envy and hatred by indigenous populations, resulting in episodes of racial violence toward the Chinese. In order to understand the economic basis of inter-ethnic conflict and violence, it is necessary to understand the economic basis of success of Chinese merchants in Southeast Asia. The paper presents an economic theory of Chinese middleman success. Central to the theory is the idea that the Confucian code of ethics which emphasize the importance of mutual aid/reciprocity among kinsmen, fellow-villagers and those speaking the same dialect, enabled the Chinese to cooperate among members of their own dialect group to form a club-like ethnically homogeneous middleman group (EHMG) for the provision of infrastructure, essential for middleman entrepreneurship. Chinese merchants embedded in the EHMG were able to economize on transaction costs, and this gave them a differential advantage to out-compete other ethnic groups to appropriate merchant roles. The EHMG functions also as a 'cultural transmission unit' transmitting Confucian ethics to future generations of Chinese middlemen, hence maintaining Chinese merchant roles over time. The paper draws on some key concepts in the New Institutional Economics literature as well as modern evolutionary biology.     

Does the distinction between gross and value‐added exports matter? An empirical investigation of export elasticities

This study uses bilateral U.S. export data from the OECD’s Trade in Value‐Added database to estimate and compare elasticities for three distinct export measures: conventional measures of gross exports, domestic value added in gross exports, and value‐added exports. It finds little evidence of significant differences in the income elasticities across the three export measures or in the price elasticities of gross exports and domestic value added in gross exports. However it finds a significantly higher price elasticity for value‐added exports, suggesting that conventional price elasticity estimates may underestimate the impact of a real dollar depreciation on U.S. exports of value added.     

Inequality in Mortality: Updated Estimates for the United States,Canada and France*

This study provides comparisons of inequalities in mortality between the United States, Canada and France using the most recent available data. The period between 2010 and 2018 saw increases in mortality and in inequality in mortality for most age and gender groups in the United States. The main exceptions were children under 5 and adults over 65. In contrast, Canada saw a further flattening of mortality gradients in most groups, as well as further declines in overall mortality. The sole exception was Canadian women over 80 years old, who saw small increases in mortality rates. France saw continuing improvements in mortality rates in all groups. Both Canada and France have distributions of mortality that are much more equal than those in the United States, demonstrating the importance of public policy in the achievement of equality in health.     

Concurrent sourcing strategy of multinational firms in China: Drivers and performance implications

Concurrent sourcing is critical to multinational firms’ operations in emerging economies, such as China. Despite its prominence, research is lacking on the underlying conditions and performance implications of this strategy. We investigate the driving factors of multinational firms’ concurrent sourcing strategy and test whether concurrent sourcing outperforms other types of sourcing strategies. Our empirical findings suggest that multinational firms tend to choose concurrent sourcing under high levels of institutional regulations. Furthermore, the results show that concurrent sourcing generates better performance at high levels of uncertainties and the performance deficiency of concurrent sourcing can be mitigated when institutional regulations are high.     

Informal interorganizational business relationships and customer loyalty: Comparing Guanxi,Yongo, and Wasta

Based on social exchange theory, this research explores if informal interorganizational business relationships in China (guanxi), South Korea (yongo), and Egypt/Jordan (wasta) affect customer loyalty in a business to business context. A conceptual model hypothesizes interrelationships among three underlying dimensions of informal relationships, reciprocity, affect, and trustworthiness, and with customer loyalty. The hypotheses were tested using survey data gathered from manufacturing companies in China, South Korea, Jordan, and Egypt. Structural equation modeling shows that guanxi, yongo, and wasta are positively related to customer loyalty across all four countries. However, there are some differences in the relationships among the three dimensions. Although reciprocity is positively related to affect in guanxi and yongo, this relationship is not statistically significant in wasta. Further, the items measuring the dimensions of trustworthiness and reciprocity are the same in guanxi and yongo, but these differ from wasta. Thus, managers need to be aware of subtle differences in how informal interorganizational relationships are developed and used in international business to business relationships.     

INEQUALITY IN MORTALITY OVER THE LIFE COURSE: WHY THINGS ARE NOT AS BAD AS YOU THINK

Recent research shows increasing inequality in mortality among middle‐aged and older adults. But this is only part of the story. Inequality in mortality among young people has fallen dramatically in the United States converging to almost Canadian rates. Increases in public health insurance for U.S. children, beginning in the late 1980s, are likely to have contributed. (JEL D63, I18, I38, J1, J3, J18)     

First comes love,then comes marriage,then comes baby in the baby carriage? exploring how women can use leisure as resistance to gendered ideologies

Although an increasing number of people are identifying as single in western society, gendered ideologies continue to influence women’s lives, emphasising the importance of heterosexual couplehood, marriage, family, and biological parenthood. Utilising third wave feminism as our theoretical framework, this paper explores how gendered ideologies can work together to influence adult women’s experiences with singlehood. Findings from qualitative interviews with 12 single, adult women, conducted in Ontario, Canada, reveal the ways women can face marginalisation and stigmatisation in certain leisure contexts because of their single status and how the ideology of couplehood can reinforce expectations related to familism and pronatalism for single women. Yet, the findings also illustrate the ways single women can resist these expectations through their leisure. This paper provides an important contribution to the literature, bringing attention to the complex ties between gendered ideologies and leisure for adult women.     

QUESTIONS AND ANSWERS—INEQUALITY IN MORTALITY OVER THE LIFE COURSE: WHY THINGS ARE NOT AS BAD AS YOU THINK

Inequality in mortality over the life course: Why things are not as bad as you think. (JEL D63, I18, I38, J1, J3, J18)     

The Effects of Corporate Ethical Values and Personal Moral Philosophies on Ethical Intentions in Selling Situations: Evidence from Turkish, Thai, and American Businesspeople

The goals of this study are to test a pattern of ethical decision making that predicts ethical intentions of individuals within corporations based primarily on the ethical values embedded in corporate culture, and to see whether that model is generally stable across countries. The survey instrument used scales to measure the effects of corporate ethical values, idealism, and relativism on ethical intentions of Turkish, Thai, and American businesspeople. The samples include practitioner members of the American Marketing Association in the U.S., and full-time businesspeople enrolled in executive MBA programs in Thailand and Turkey. The study is positioned within a fairly new stream that assesses patterns across countries, rather than differences between them, in a way that might be called “culture free.” The results show a generally positive influence between cultural ethical values and ethical intentions. The results also indicate that the positive effect of corporate ethical values on ethical intentions is greater for managers with low idealism and high relativism. We also discuss the implications of our results for managers of international businesses.     

Australian not‐for‐profit sector views on the conceptual framework,accounting standards and accounting information

In this paper, we examine the conceptual framework, accounting standards and accounting information relevant to the not‐for‐profit (NFP) sector. Based on the responses of 242 Australian NFP managers, we find support for the inclusion of accountability in the conceptual framework, and for a common set of accounting standards across NFP and for‐profit sectors with additional standards or paragraphs to recognise NFP specific issues. Respondents also rated information within general‐purpose financial reports to be useful for decision making within their organisations. We offer suggestions as to what our findings mean for the development of accounting standards for the NFP sector.