A bibliometric analysis of the presence of finances in high-impact tourism journals

The purpose of this study is to observe the presence of financial research applied to tourism during the 1995–2012 period. The Scopus database has been used for tourism journals indexed in Journal Citation Reports and the Mendeley reference manager was used to manage the results. Two hundred and fifty-two articles were selected with basically financial content. The results reveal that in the majority of cases empirical research typology was used; the subject matter that aroused most interest was corporate finances and, within this, financial management, value creation, capital structure and investment decisions.     

当代性话语中的印尼

2009年秋,OCTOBER杂志曾邀请世界各地学者、批评家和当代艺术的策展人等,以当代性为主题,撰写文章、展开讨论,以期在全球化的当下语境中为艺术及社会勾勒一幅全景。但,32位参与作者几乎全部来自西方主流世界,使这场关于当代性的讨论本身即成为今天所谓全球世界症候群中权力关系及对比的一个例证。第三世界国家及地区,以及来自边缘的文化和社会,它们将如何发声,如何在既有认知系统中探问、形塑和安置自身,如何以积极的方式突破现有的话语及权力配置,从边缘和外围加入到定义当代这一充满战略性和策略性的文化政治角力中去?这一系列问题具有某种持续的迫切意义。以上海当代美术馆主办当代性:印度尼西亚的当代艺术展览为契机,本刊邀请策展人比利安娜就当代性为主题,呈现一组来自印度尼西亚的当代艺术工作者对此问题的思考。他们对本地现实及全球图景的观察、判断和回应,将边缘转化为多重对话之一极的持续努力,虽难摆脱先天不足的局限甚或有待商榷,但,这毕竟是来自边缘的思想不得不承担的宿命。     

Canadian Cattle Cycles and Market Shocks

We analyze Canadian beef cattle cycles using time‐series properties of four variables: total cattle inventories, beef cow inventories, beef supply, and beef prices. Our aim is to provide up‐to‐date estimates of the duration of the cycles, and to determine whether or not some of the recent market shocks can be associated with changes in the nature of the cycles. Spectral decomposition of the variables reveals 10‐year cycles in total cattle inventories, beef cow inventories, beef supply, and beef prices. Seasonal and annual cycles are also found in beef supply and prices, respectively. Using intervention analysis, exchange rate appreciation, feed price escalation, and bovine spongiform encephalopathy (BSE) are modeled as pure jumps. Exchange rate and feed price shocks are modeled as having started in 2002 and 2007, respectively, and persisted up to the end of the sample period, while BSE is modeled as a shift for the period 2003 to 2005. We find significant impacts of the three shocks on total inventories, but beef supply appears to have been impacted by exchange rates and BSE. A spectral comparison of the pre‐ and post‐shock periodograms of beef supply reveals a 58% reduction in the peak amplitude of the beef supply cycle.     

Inequality, inflation, and central bank independence

What can account for the different contemporaneous inflation experiences of various countries, and of the same country over time? We present an analysis of the determination of inflation from a political economy perspective. We document a positive correlation between income inequality and inflation and then present a theory of the determination of inflation outcomes in democratic societies that illustrates how greater inequality leads to greater inflation, owing to a desire by voters for wealth redistribution. We conclude by showing that democracies with more independent central banks tend to have better inflation outcomes for a given degree of inequality. JEL Classification E5, H0 Inégalité, inflation et l'indépendance de la banque centrale. Quels sont les facteurs qui pourraient expliquer les expériences inflationnistes tellement différentes des divers pays dans le passé récent, et l'expérience tellement différente d'un pays donné dans le temps? Les auteurs analysent ce problème de la détermination du taux d'inflation dans une perspective d'économie politique. Ils déterminent qu'il y a une corrélation positive entre l'inégalité et l'inflation, et présentent une théorie de la détermination de l'inflation dans les sociétés démocratiques qui montre comment une inégalité plus grande entraîne une inflation plus grande à cause du désir des électeurs de demander une redistribution de la richesse. Le mémoire montre en terminant que les démocraties e´quipées de banques centrales plus indépendantes tendent à avoir de meilleurs résultats en terme d'inflation pour un degré d'inégalité donné.     

The Contribution of Childcare to Local Employment: Poor Work or Work for the Poor?

In recent years local economic development and regeneration agencies have begun to examine how locally based childcare can contribute to economic and social regeneration. This paper is based on current research by the authors and reports on the expectations and current realities of community based childcare as part of an economic regeneration strategy. It suggests that whilst the incorporation of childcare into urban regeneration strategy holds the potential to reduce the barriers to labour market involvement by mothers in low income households, less positive effects are also identifiable. Early evaluation is used to show that the commodification of care within urban regeneration policies reinforces care work as low paid, insecure gendered employment. It concludes by arguing that a more critical evaluation of both the economic and social impact of childcare on area regeneration is necessary.     

Information Use and New Product Outcomes: The Contingent Role of Strategy Type

Information is an important resource for firms to develop new products successfully, and firms must rely on their ability to use information effectively. This research builds on information processing and contingency theories to explore the effect of firm strategy type and the conceptual and instrumental use of information on new product outcomes. Firms operating in high-tech industries are faced with high levels of uncertainty caused by rapidly evolving technologies. Consequently, creating innovative and successful products becomes particularly challenging. Past research examining organizational use of information points to the presence of strategic contingencies that may impact the new product outcomes that accrue to a firm. A cross-sectional study was conducted to examine how the impact of information use on new product outcomes varies by strategy type. Using data from 150 software development firms based in a developing economy, the theoretical hypotheses proposed are tested. After controlling for environmental turbulence, the research results demonstrate that firms focusing on specific types of information use innovate successfully only when that information use is congruent with an appropriate strategic orientation. Specifically, the present study finds that prospector firms focusing on conceptual information use enhance both their new product performance and new product creativity outcomes, whereas analyzer firms enhance only their new product performance outcomes. A focus on instrumental information use has different effects for firms. Defender firms enhance both their new product performance and creativity outcomes only when focusing on instrumental information use. In contrast, prospector firms detract from their new product creativity outcomes, and analyzer firms reduce their new product performance outcomes when focusing on instrumental information use.     

Reducing new product risk through understanding buyer behavior

The marketing of new industrial products can have a heavy impact on the effectiveness of customer service. The new product buying decision is always accompanied by perceived risk on the part of the buyer. Therefore, it is important for the industrial marketer of a new product to be able to empathize with this perceived risk, in order to help the buyer minimize it before the fact. This article explores industrial buying and new product adoption decision processes, and the role of perceived risk in these processes.