Exploring the relationship between institutional factors and FDI attractiveness: A meta-analytic review

This meta-analysis attempts to synthesize and review decades of research on the relationship between institutional factors and host country foreign direct investment (FDI) attractiveness. Using prior tests derived from 97 primary studies, we find support for prior theoretical predictions that institutional factors such as political stability, democracy, and rule of law attract FDI, while others such as corruption, tax rates and cultural distance deter it. Further evidence suggests a need for exploration of moderating factors that may influence previous key findings. Specifically, environmental effects such as level of development, region of destination, and competitive industry environment have varying influence on the strength and significance of the relationship. We also explore a number of methodological and economic moderating variables, providing additional interesting insights into previous empirical analyses. We conclude with suggestions for future research that stress a call for further contextualization of the relationship.     

Convergence in Income Inequality: Further Evidence from the Club Clustering Methodology across States in the U.S.

This paper contributes to the sparse literature on inequality convergence by empirically testing convergence across states in the U.S. This sample period encompasses a series of different periods that the existing literature discusses -- the Great Depression (1929–1944), the Great Compression (1945–1979), the Great Divergence (1980-present), the Great Moderation (1982–2007), and the Great Recession (2007–2009). This paper implements the relatively new method of panel convergence testing, recommended by Phillips and Sul (2007). This method examines the club convergence hypothesis, which argues that certain countries, states, sectors, or regions belong to a club that moves from disequilibrium positions to their club-specific steady-state positions. We find strong support for convergence through the late 1970s and early 1980s, and then evidence of divergence. The divergence, however, moves the dispersion of inequality measures across states only a fraction of the way back to their levels in the early part of the twentieth century.     

Targeted characteristics and use of socially marketed preventive health goods: evidence from condoms in sub-Saharan Africa

Social marketing is a popular method for allocating targeted publicly funded preventive health goods in poor countries. However, low demand among targeted groups may inhibit take-up relative to non-targeted groups, ownership may not result in use, and there exists little large-scale evidence on how use of socially marketed goods varies by targeted characteristics. I assemble national household survey data from 27 sub-Saharan African countries to examine how use of one of the most common socially marketed preventive health goods (i.e. male condoms) varies by the main targeted characteristics (i.e. low income, low educational attainment, and high HIV risk).

The results suggest that the majority of condoms used are socially marketed condoms, engaging in transactional sex is associated with an increased likelihood of using a socially marketed condom brand, and low-income/low educational attainment are not associated with increased likelihoods of using socially marketed brands. The fact that distribution targets low socioeconomic status groups and relative use remains low suggests that weak demand for condoms among these groups inhibits use. Policymakers should consider mechanisms to increase demand and to further refine targeting efforts.     

The Industrial Statistics Divide: Are Statisticians Really Relevant to Business and Industry?

相似文献   

Scalability and robustness of a network resource allocation system using market-based agents

In this paper, we consider issues associated with scalability and robustness in designing a market-based multi-agent system that allocates bandwidth in a communications network. Specifically, an empirical evaluation is carried out to assess the system performance under a variety of design configurations in order to provide an insight into network deployment issues. This extends our previous work in which we developed an application that makes use of market-based software agents that compete in decentralised marketplaces to buy and sell bandwidth resources in a network that is partitioned into regions, each with a separate market server. We investigate the average call success rate and average message load per market server, as the number of markets are scaled up in a fixed size network. The same investigations are performed in the presence of single market failures. Finally, for both the failure and non-failure cases, a trade-off is found between their average call success rates and message load per server in order to find an optimum number of regions to deploy in the network.     

Businessmen and land ownership in the late nineteenth century

This article analyses the proportions of personal to real estate wealth for a group of 295 businessmen profiled in the Dictionary of business biography . It shows that businessmen who owned land on a large scale in the late nineteenth century were a comparatively small group who retained a small proportion of their total wealth in landed assets. Low levels of social mobility are identified as a function of land purchase, and new insights are given into the relationship between wealth, status, and land ownership. Any integration of business and landed wealth in this period was not a consequence of businessmen becoming landowners.     

Determinants of wage and price changes in less developed countries: An intertemporal cross-country analysis

A theoretical hypothesis of wage determination, conveying the arguments of the dual economy model as well as some elements of ‘traditional’ theory, and three alternative theoretical approaches to price changes are built and statistically tested. Pooled data, with missing observations, of 36 LDCs from Asia, Africa and Latin America for 1960, 1965 and 1968 are used, while additive and multiplicative dummy variables test the behavior of regressions between alternative country groups. Price changes are found to be explained by both monetary and nonmonetary variables with relatively more weight on the latter. The empirical wage change determination conforms to the dual model, while the existence of an international Phillips curve is questionable.     

Privatization and telephone numbers

This report is the Rapporteur's personal impression of the presentations given at the World Privatization of Telecommunications Conference in Amsterdam, 23–24 June 1992. It includes some commentary of his own.