Geography of immigrant clusters in global cities: a case study of San Francisco

Cities throughout the world – particularly global cities – are becoming increasingly heterogeneous as a result of international migration movements. During the past three decades, the influx of immigrants into metropolitan areas like New York, Los Angeles and San Francisco has increased demand for housing, exacerbating the already tight housing markets in these cities. This article focuses on the spatial distribution and housing conditions of immigrants in San Francisco using primarily the 2000 US census data on population and housing down to the census tract level. Building on past research on ethnic enclaves and communities, this article applies spatial analysis methods to identify clusters where Chinese, Filipino and Mexican households – the largest foreign‐born groups in San Francisco – live. The article argues that different immigrant groups show distinct spatial clustering patterns and that there are significant variations in housing outcomes for immigrants within and outside of ethnic clusters. These differences are largely in the direction predicted by the spatial assimilation theory. However, findings such as the high incidence of homeownership within Chinese and Filipino clusters suggest that contemporary immigrants do not necessarily view ethnic clusters as transitory. These findings help to confirm other recent studies showing that immigrants are now spatially clustered in ways that may no longer fit theoretical models derived from the settlement patterns of late nineteenth‐century immigrants. The article contributes to literature concerned with ethnic clusters in US inner cities and the housing conditions of immigrants in global cities. A travers le monde, les villes, surtout les villes planétaires, sont de plus en plus hétérogènes à cause des mouvements migratoires internationaux. Au cours des trois dernières décennies, l'afflux de migrants vers les zones métropolitaines comme New York, Los Angeles et San Francisco a accru la demande de logements, resserrant les marchés déjàétroits dans ces grandes villes. L'article s'attache à la répartition spatiale et aux conditions de logement des immigrants à San Francisco à partir, essentiellement, de données provenant du recensement américain 2000 sur la population et l'habitat par régions sociales. S'inspirant de recherches antérieures sur les communautés et enclaves ethniques, l'étude applique les méthodes d'analyse spatiale pour identifier les regroupements de foyers chinois, philippins et mexicains (groupes d'étrangers les plus nombreux à San Francisco). Les différents groupes d'immigrants présentent des modèles d'agrégation spatiale distincts et leur logement varie considérablement selon que les populations se trouvent dans ou hors des regroupements ethniques. Ces divergences traduisent largement l'orientation prévue par la théorie de l'assimilation spatiale. Toutefois, des résultats tels que le poids de l'accession à la propriété dans les groupes chinois et philippins suggèrent que les immigrants actuels ne jugent pas forcément ces regroupements ethniques comme transitoires. Ainsi sont corroborées d'autres études récentes montrant que les immigrants sont désormais regroupés dans l'espace selon des modèles qui ne correspondent plus aux types théoriques dérivés des schémas d'implantation de la fin du dix‐neuvièmesiècle. L'article contribue au débat sur les regroupements ethniques dans les quartiers déshérités américains et sur les conditions de logement des immigrants dans les villes planétaires.     

Appropriate technology assessment: A note on policy considerations

This paper summarizes various positions on appropriate technology and its relation to technological dependence, and certain contradictions within the concept are pointed out. An alternative approach to policy questions in appropriate technology assessment and independence is then proposed using a framework involving three economic sectors—the consumer goods sector, capital goods sector, and technological change sector.     

Sales promotion practices of consumer goods companies in an advanced developing country

In recent years, manufacturers of consumer and industrial goods as well as service firms have been increasingly thinking in global terms and paying more attention to sales promotion in their overall promotional programmes and strategies. The purpose of this paper is to investigate the consumer sales promotion practices of consumer goods producing companies in the advanced developing country of Turkey. It was discovered that sales promotion activities are gaining importance in overall promotional practices of Turkish companies, though there are differences in its use by type of industry, size of company, area of business and locus of decision-making within the firm. Furthermore, differences were detected between companies using sales promotions versus other forms of promotional techniques such as mass media advertising, personal selling and publicity. Study findings may be applicable to other developing countries that are at a similar level of socio-economic, market and technological development as Turkey.     

Natural gas prices and stock prices: Evidence from EU-15 countries

This study investigates the long-run relationship between natural gas prices and stock prices by using the Johansen and Juselius cointegration test and error–correction based Granger causality models for the EU-15 countries. We employ quarterly data covering the period from 1990:1 to 2008:1. Empirical findings suggest that there is a unique long-term equilibrium relationship between natural gas prices, industrial production and stock prices in Austria, Denmark, Finland, Germany and Luxembourg. However, no relationship is found between these variables in the other ten EU-15 countries. Although we detect a significant long-run relationship between stock prices and natural gas prices, Granger causality test results imply an indirect Granger causal relationship between these two variables. In addition, we investigate the Granger causal relationship between stock returns, industrial production growth and natural gas price increase for Austria, Denmark, Finland, Germany and Luxembourg. As a result, increase in natural gas prices seem to impact industrial production growth at the first place. In turn, industrial production growth appears to affect stock returns.     

Infinitely repeated games in the laboratory: four perspectives on discounting and random termination

This paper compares behavior under four different implementations of infinitely repeated games in the laboratory: the standard random termination method [proposed by Roth and Murnighan (J Math Psychol 17:189–198, 1978)] and three other methods that de-couple the expected number of rounds and the discount factor. Two of these methods involve a fixed number of repetitions with payoff discounting, followed by random termination [proposed by Sabater-Grande and Georgantzis (J Econ Behav Organ 48:37–50, 2002)] or followed by a coordination game [proposed in (Andersson and Wengström in J Econ Behav Organ 81:207–219, 2012; Cooper and Kuhn in Am Econ J Microecon 6:247–278, 2014a)]. We also propose a new method—block random termination—in which subjects receive feedback about termination in blocks of rounds. We find that behavior is consistent with the presence of dynamic incentives only with methods using random termination, with the standard method generating the highest level of cooperation. Subject behavior in the other two methods display two features: a higher level of stability in cooperation rates and less dependence on past experience. Estimates of the strategies used by subjects reveal that across implementations, even when the discount rate is the same, if interactions are expected to be longer defection increases and the use of the Grim strategy decreases.     

Religiosity versus rationality: Depositor behavior in Islamic and conventional banks

This study investigates the behavioral aspects of Islamic bank depositors in a dual banking system. By categorizing depositors into groups based on the amount of their deposited funds, we estimate the responses of these groups to interest rate changes. We take the findings of conventional banks as a comparative baseline and investigate the extent to which the changes in different Islamic depositor groups differ from conventional depositor groups. The findings show that depositors in both Islamic and conventional banks respond to interest rate changes. The analysis indicates that Islamic bank depositors are more responsive when their deposit sizes are larger. When Islamic bank depositors’ opportunity costs rise due to a rise in the interest rate, they do not hesitate to withdraw deposits. The relation between interest rate changes and deposits is more robust in Islamic banks than in conventional banks.     

Exploring the interaction of firm-level change and national institutional environments in shaping employment and union relations: a comparative case study of four European airlines

Drawing on the example of the airline industry, this paper explores in a longitudinal comparative case study the question of how firm-level changes and national institutional environments interact in shaping employee and union relations. Adding to previous research in comparative institutional analysis and comparative employment relations, we illustrate that the way in which industry pressures and national-level effects play out to influence employee and union relations depends on firm-level changes, mainly in the form of firm growth, acquisitions and the foundation of new subsidiaries. We show in particular that depending on firm-level changes, the very same firm might engage differently with a given institutional context at different points in time. Hence, our work illustrates the importance of firm growth, acquisitions and the foundation of new subsidiaries in explaining the shifting interaction between the firm and its institutional environment, and its implications for changing employee and union relations within firms.     

Global convergence of consumer spending: Conceptualization and propositions

The convergence versus divergence debate has persistently presented a puzzle in the scholarly literature. Forces of globalization created a wave of convergence. Yet, the recent worldwide events have changed the course of globalization, slowing its seemingly unavoidable forward direction. It is, therefore, incumbent upon international business scholars to reexamine the convergence versus divergence debate in the contemporary world economy. Despite the central role that global convergence plays in international business decisions, the literature is lacking a conceptualization of the convergence construct in terms of consumer spending behavior. Offering a new perspective derived from the convergence-divergence-crossvergence (CDC) framework and the coevolution theory, the authors define and conceptualize the convergence construct associated with consumer spending behavior. The proposed conceptual framework is comprehensive, offers refinements to the convergence phenomenon, and leads the way for further development of new theories in the international marketing domain.     

Real Exchange Rates and the Balance of Trade: Does the J-curve Effect Really Hold?

Open Economies Review - In this paper, we re-examine the relationship between trade flows, real effective exchange rates, and incomes by using the bilateral trade flows of 33 countries that form...     

The Effect of 2008 Crisis on the Volatility Spillovers among Six Major Markets

The scope of this paper is to determine whether global stock markets function differently under conditions of economic crisis by measuring volatility spillovers between six major markets, namely the US, the UK, Germany, Spain, Turkey, and Greece. We examine the volatility spillover effects of the 2008 US financial crisis to these six major markets using daily stock returns from January 2003 to December 2014, before, during, and after the 2008 financial crisis. We combine the Diebold and Yilmaz methodology with the stochastic volatility model of Taylor implemented through the sequential Efficient Importance Sampling method of Richard and Zhang to obtain variance decompositions derived from an estimated vector autoregressive model. The empirical findings suggest that stock markets tend to show increased volatility spillovers during the crisis period, thus resulting in lesser diversification benefits for investors.