Transformationen im Journalismus

In commercial broadcasting, the entertaining features of journalism are already prevalent and expected to increase further. Beyond the aspect of entertainment, a far-reaching process of transformation in journalism can be identified, to be clearly recognized in several domains: With purposes shifting away from information and towards entertainment, journalism changes its organizational structures, its working routines as well as the roles and the qualifications of its workforce. Based on an empirical study carried out in northern Germany, the article describes the organization and work »programmes« in »format radios« and discusses the resulting changes in journalists’ qualifications. The findings have led to the conclusion that, because of the lack of organizational and working structures at private radio stations, journalists will have to meet all the demands of the complete production process, both with respect to hierarchies and functions (»Everyone does each and everything«). The more organization »programmes« lose their determining influence, the more coordinating activities will be needed. That is to say, organizational structures are being replaced by social processes. As a consequence, the ability to communicate, as one of the elements of journalistic qualification, is of growing importance.     

Zum Tod von Klaus Schrape

Ohne Zusammenfassung     

中国和国际林产品贸易对森林保护和人民生计的影响

分析了中国林产品进出口的总量、结构、变化、增长趋势及对相关国家和地区人民生计的影响,提出了作为进口国消费国、生产国和加工国应采取的措施。1997年到2005年间,中国林产品进口总量折合原木材积增长了两倍多,从0.40亿m3增长到1.34亿m3,进口额也翻了一番。2005年,俄罗斯、马来西亚、印尼、泰国、巴布新几内亚列中国总木质林产品进口前5名,进口额占71.6%;加拿大、印尼、俄罗斯、智利、美国列纸浆进口前5位,进口额占77.6%;美国、日本、香港、欧盟是中国林产品出口的主要目的地。中国迅速增长的林产品贸易对国际社会也有消极影响,导致不可持续采伐、非法采伐等问题,但中国只是全球产业链上的一环,来自美国、欧盟和日本的购买者和零售商也负有不可推卸的责任。中国应认清其在国际林产品贸易中的关键地位,加快其林业部门的改革步伐,推动本国的林产品生产和供给,实现可持续的林业发展。     

The Association of Meaningfulness,Well‐Being,and Engagement with Absenteeism: A Moderated Mediation Model

We theorized that absence from work is a resource‐based process that is related to perceived meaningfulness of work, well‐being, and engagement. Broaden‐and‐build theory (Fredrickson, 1998, 2001) and engagement theory (Bakker, Schaufeli, Leiter, & Taris, 2008; Kahn, 1990) were used to develop a framework for explaining absence. Results of a study of 625 employees and human resource records of subsequent absenteeism data for a three‐month period supported our hypotheses that meaningful work increases engagement with work, and that engagement is associated with low levels of absenteeism. Furthermore, data showed that engagement fully mediated the relationship between meaningfulness and absence, and that well‐being strengthened the relationship between meaningfulness and engagement. The results have implications for understanding the role of individual‐level resources in the workplace, and how meaningfulness, well‐being, and engagement influence absence.     

The World Capital Markets’ Perception of Sustainability and the Impact of the Financial Crisis

Using a unique dataset provided by the international rating agency GES^®, we investigate the effects of corporate sustainability and industry-related exposure to environmental and social risks on the market value of MSCI World firms. The results show a negative relationship in the earlier years of our sample period. However, the analysis reveals that the capital market perception of sustainability has changed owing to the financial crisis. Looking at the height of the crisis in September 2008, the month in which Lehman Brothers shocked the world’s capital markets by filing for Chapter 11 bankruptcy protection, we find that the previously negative perception of corporate sustainability across its various dimensions was positively affected and offset. In addition, as a moderated regression analysis shows, the crisis led to a positive perception of corporate sustainability in industries that are exposed to higher environmental and social risks. Our study has the practical implication that executives, in particular in industries with high environmental and social risks, should increase their commitment to corporate sustainability due to the changes in the institutional setting triggered by the financial crisis.     

Between Malthus and the industrial take-off: regional inequality in Sweden, 1571–1850

The causes and extent of regional inequality in the process of economic growth are at the core of historical economic research. So far, much attention has been devoted to studying the role of industrialization in driving regional divergence. However, empirical studies on relatively unequal countries such as Italy and Spain show that inequality was already high at the outset of modern industrialization. Using new estimates of Swedish regional GDP, this article looks for the first time at regional inequality in a pre-industrial European economy. Its findings show that inequality increased dramatically between 1571 and 1750 and stayed high until the mid-nineteenth century. This result refutes the classical view that the industrial take-off was the main driver of regional divergence. Decomposing the Theil index for GDP per worker, we find that the bulk of inequality from 1750 onwards was driven by structural differences across sectors rather than different regional productivity within sectors. We show that counties with higher agricultural productivity followed a classic Malthusian pattern when experiencing technological advancement, while those with higher industrial productivity did not. We suggest that institutional factors, such as the creation of the Swedish Empire, Stockholm's trading rights, and a protective industrial policy, amplified this exceptional pattern.     

Der Kampf um Wertschöpfungsketten: Krieg gegen den Freihandel?

Against the backdrop of the present conflict between China and the US, public discourse often sees free trade is a value as such; more aptly put, it is a method to generate prosperity. Within the market economy context, there are others methods of attaining wealth that may be in conflict with free trade. The following contribution shows that an institutional economics approach is able to explain the present trade conflict relating to fundamentally altered risk and communication structures.     

Wealth inequality and credit markets: evidence from three industrialized countries

Economic theory predicts that changes in the distribution of wealth in an economy affect real interest rates if capital markets are imperfect. We investigate this link for the US, the UK, and Sweden, using multivariate time series analysis that explicitly allows for feedback effects between wealth inequality and real interest rates. Our estimates yield that, over the course of the twentieth century, decreases in wealth inequality led to significant declines in real interest rates. Our results therefore point to the importance of capital market imperfections that arise from moral hazard. They put to question the empirical relevance of a negative interest rate effect of inequality that may arise in variants of these models with high inequality, heterogeneous agents or adverse selection.