Ownership structure and hospital service costs and fees: A decomposition approach

This paper analyzes hospital characteristics that are associated with higher average costs and charges for venipuncture, computed tomography procedures (computerized axial tomography [CAT] scans), and electrocardiograms (EKG). Using data from a Medicare database, our results indicate that higher wages, larger hospital sizes, and greater service quality are associated with higher procedure costs, whereas system membership is generally associated with lower procedure costs. Blinder‐type decompositions, which are the main focus of this study, suggest (a) that venipuncture costs are about 17% to 19% lower at proprietary hospitals than at nonprofit or government hospitals, (b) CAT scan costs are about 6% to 12% lower at nonprofit hospitals than at proprietary and government hospitals, and (c) that EKG costs are about 3% lower at proprietary hospitals than at nonprofit or government hospitals. Lastly, large portions of each of these differences are found to be due to both differences in mean values of the hospitals' characteristics by ownership type and differences in the mechanism by which the hospitals' characteristics are transmitted to procedure costs.     

Monetary union and the Maastricht inflation criterion: The accession countries*

We model an accession country facing a Maastricht‐type inflation criterion that specifies an inflation ceiling. In addition to deciding whether or not to satisfy this criterion, the country must decide how much costly economic reform to undertake. If the country puts enough weight on the future that it can credibly meet the inflation criterion no matter what the ceiling is, then the inflation criterion benefits the country but lowers reform. If the country puts less weight on the future, then a criterion with a properly chosen inflation ceiling can increase reform. We derive the inflation ceilings that maximize the country's welfare and its reform.     

Preventing wildlife crime with a focus on orangutans: Applying social influence techniques to public education efforts

Orangutans are projected to become critically endangered or extinct this century if humans continue to destroy their habitat. Threats include legal and illegal clearcutting of rain forests to establish palm oil plantations, climate change, and transnational organized crime. This study examines how self-benefit and other benefit appeals, knowledge of threats, concern about habitat loss, and liking orangutans are associated with (a) intent to protect habitat due to licit threats and crimes against wildlife, and (b) seeking information to save habitat. Upon entry to a zoo, 251 (118 men, 128 women, and 5 unknown) persons viewed posters highlighting the benefits of habitat conservation to self or others and completed a survey. Concern, threat knowledge, liking, and self-benefit and other benefit appeals accounted for 28% of the variance associated with intent to take action to protect the habitat. Integrating social influence principles into zoo displays and addressing barriers that prevent conservation behavior are discussed. The ideas in this paper are relevant to many primates and endangered species.     

样板间:ChART Contemporary的策展实验

寻找房子——在我们开始样板间策展之前2009年的时候我们面临着两项挑战,这两项挑战促使我们重新定义了ChART Contemporary的策展轨迹。其一是我们感受到了全球经济衰退的影响,     

Scarcity in the Danner-MeeksForum exchange: Supplying the demand for clarity

The dialog on scarcity in the Fall 1995 issue of the Forum exemplifies the problems inherent in cross-disciplinary communication. Careful analysis of this dialog between Peter Danner and M. Douglas Meeks reveals an equivocal use of the crucial term in question: “scarcity.” By pointing out these various shades of meaning and demonstrating the negative effects of linguistic confusion on the Danner-Meeks dialog, this article seeks to show how clarity and precision in the use of the term “scarcity” can open important avenues for further interdisciplinary reflection on this fundamental economic principle.     

Short reviews

FOUR SHORT REVIEWS ON THE THEME OF MARKETS AND JOBS

Leedale, M. 1988: Working Paper No. 108 — Intervention and the East London Clothing Industry. Oxford Polytechnic School of Planning, £4.00 plus 85p p. & p.

Lemaitre, J. (ed) 1988: Long Term Unemployment: Which Way Out? Brussels: Elise Publications, 10/Ecus/BF440 + BF50 postage.

Stewart A. 1968: Planning Homes and Jobs: The Sheffield Report Sheffield City Council, £10.00 including postage.

Association of County Councils, Association of District Councils, Association of Metropolitan Authorities. Stimulating Local Enterprise, the local authority role. £5.50 including postage.

Anglo German Foundation and Otto-Blume-lnstitut fur Sozialforschung und Gesellschafts politik, 1988, Local Labour Market Policies in Britain and Germany, London: Anglo-German Foundation for the Study of Industrial Society. 17 Bloomsbury Square. London WC1A 1LP, £4.50.

Watson, J. (ed), 1989: An Introduction to Political Economy & Planning: Four Interesting Essays, Anglia Higher Education College.

Report for the Commission of Bishop's Council of Diocese of Birmingham, 1988: Faith in the City of Birmingham. Exeter. Paternoster Press, £3.50.     

Fostering an ethical organization from the bottom up and the outside in

Despite the best efforts of corporate compliance officers, boards of governance, auditors, and regulators, corporate misconduct continues to plague our markets. In this thought-provoking installation of Accounting Matters, we argue that efforts to fight fraud and other forms of corporate misconduct have failed, in part, due to the systematic approach employed toward a problem that is irregular, complex, and extends well beyond the boundary of the firm. By drawing upon research from the field of behavioral ethics to suggest a new approach that does more than just stress formal control systems, we illustrate how executives may strengthen organizational ethics through informal practices that work from the ‘bottom up’ and the ‘outside in.’ Our review includes practical recommendations regarding how to create shared responsibility for ethical leadership, how to empower employees to achieve both economic and ethical ends, how to enlist the aid of key stakeholders in identifying problems before they grow and spread, and how to redesign compliance practices to address the complex nature of corporate misconduct.     

Global Interdependence, the Corporation and the Changing World

This second of the annual Stockton Lectures starts by reflecting on the achievements of the founding fathers of the modern world economy in the immediate aftermath of World War II. Their legacy has been increasing interdependence and globalisation. Peter Sutherland argues that these have had a positive impact almost throughout the world and that these positive consequences of the market economy system do not necessarily have to be associated with increasing gaps between the rich and poor. He makes the case for multinationals to show commitment to what he calls "the common good" (as opposed only to shareholder returns). He examines the fundamental contradiction between free trade and national sovereignty and argues for more supranational (rather than just intergovernmental) decision-making and implementation. However, he also emphasises that some areas are not appropriate for integration or supranational action, most notably tax and workers' rights. These should remain within the domain of national governments. He concludes by discussing threats to the world economy posed by the tension between the US and the EU on trade-related issues, and argues that inappropriate use of the WTO process threatens to destroy the whole system which has yielded so many economic benefits worldwide since 1945.     

Internationalization of China's private‐sector MNEs: An analysis of the motivations for foreign affiliate formation

China's private‐sector multinational enterprises (MNEs) are often owned and controlled via offshore holding companies in tax havens. As such, their foreign affiliates are often difficult to identify, and their activities are also not captured in official Chinese outward foreign direct investment data. To date, therefore, there has been comparatively little systematic analysis of these affiliates as they internationalize. Here we address this gap by developing a method that allows us to identify 104 privately owned Chinese MNEs owned via offshore holding companies, as well as their 227 foreign affiliates. We analyze and discuss the motivations for the formation of their foreign affiliates in light of current theory. © 2012 Wiley Periodicals, Inc.