MEASURING THE INTERDEPENDENCE OF MULTINATIONAL FIRMS' FOREIGN INVESTMENTS

Earlier work found evidence for geographic linkages of aggregate foreign direct investment across countries and country‐pairs. From a theoretical point of view, such linkages at the macroeconomic level may root in between‐firm as well as within‐firm linkages and originate from information spillovers across or within firms in exploring unknown markets, and vertical linkages between production plants across different locations within the firm. We use data on the universe of German multinational enterprises (MNEs) to empirically explore how marginal investments at one foreign affiliate depend on investments at other affiliates within the same MNE. The empirical approach employs two channels or modes of cross‐affiliate interdependence: mere geography (capturing horizontal linkages through correlated learning and horizontal competition within the firm) and input–output relationships within or across industries (which capture vertical linkages). Adding to earlier findings at the aggregate level, we find evidence of a significant interdependence of investments within the firm. In the firm‐level data at hand, vertical linkages appear to be more important than horizontal ones. Investments at one location tend to stimulate investments at other locations of the same MNE, particularly if input linkages are strong. The opposite seems to be true for output linkages. Beyond vertical linkages, mere geographic proximity matters only to a minor extent. This suggests that evidence of linkages through geographic closeness at aggregate data levels accrue mainly to reasons of vertical linkages within networks of affiliates. (JEL C31, D22, F21, F23, F68, G31, H32)     

A monte carlo evaluation of response surface analysis based on paired-comparison data

The use of the logit transformation on paired-comparison data in the weighted least squares analysis of response surfaces for aesthetic qualities of products is discussed. Monte Carlo simulations are employed to investigate the small sample properties of the estimators and test statistics. A secondary objective of the Monte Carlo simulations is the comparison of two transformation procedures. The simulations are of standard-item paired-compar-ison experiments in which ties are not allowed.     

Consensus in the Marital Dyad: Couples' Perceptions of Contraception,Communication, and Family Life

Abstract

The present study was based on data collected (separately for husbands and wives) from 365 couples to determine levels of consensus on a series of variables related to the family forming process. Following Scheff (1967), consensus was operationalized as both agreement and coorientation in the marital dyad. The data generally indicated low levels of consensus on such variables as contraceptive efficacy, desired family size, child spacing, unwanted pregnancies, communication with spouse, and levels of alienation. The results are discussed within the framework of family planning and effective fertility control.     

The Black Worker: Race,Labor, and Civil Rights since Emancipation (2007)

P. J. Cain and A. G. Hopkins, British Imperialism: Innovation and Expansion, 1688–1914 (1993), xiv + 490; British Imperialism: Crisis and Deconstruction, 1914–1990 (1993), xiii + 326 (Longman, London, £17.99 and £3.99).

W. D. Rubinstein, Capitalism, Culture, and Decline in Britain, 1750–1990 (1993), viii + 182 (Routledge, London, £25.00).

Stanley Chapman, Merchant Enterprise in Britain: From the Industrial Revolution to World War I (1992), xvi + 336 (Cambridge University Press, Cambridge, £40.00).     

Bayesian analysis of a multiple-recapture model

In the Bayesian analysis of a multiple-recapture census, different diffuse prior distributions can lead to markedly different inferences about the population size N. Through consideration of the Fisher information matrix it is shown that the number of captures in each sample typically provides little information about N. This suggests that if there is no prior information about capture probabilities, then knowledge of just the sample sizes and not the number of recaptures should leave the distribution of Nunchanged. A prior model that has this property is identified and the posterior distribution is examined. In particular, asymptotic estimates of the posterior mean and variance are derived. Differences between Bayesian and classical point and interval estimators are illustrated through examples.     

Application of load-oriented manufacturing control in industry

This paper deals with multi-stage lotsizing models for imperfect production processes. The effect of imperfect quality on lotsizing decisions and effect ofinspection errorsare taken into consideration in the proposed models. Numerical examples are presented for illustration purposes. The developed models are very helpful for justifying quality assurance and quality improvement efforts.     

MATERIALISTIC VALUES IN HONG KONG AND GUANGZHOU: A COMPARATIVE ANALYSIS OF TWO CHINESE SOCIETIES

This article integrates two competing perspectives on value orientation. Inglehart's postmaterialism thesis stresses the permanent effects of childhood experience in which economic deprivation leads to materialism in adult life. The human development perspective, in contrast, emphasizes the evolution of a person's value system as life-cycle development unfolds new circumstances and possibilities. We adopt a developmental framework to test claims from these two perspectives. On the basis of micro-level data, we compare the materialistic values of two historically and culturally different Chinese societies, Hong Kong and Guangzhou. Findings support Inglehart's assertions that childhood experience has lasting effects and that rapid social changes create birth cohort differences in materialistic concerns. But life-cycle developments, such as education, marriage, and current social status, are equally important in influencing a person's value orientation. Both perspectives see only part of the picture, and an integrated approach is needed to better understand how people construct and maintain their value system.     

Muriel Dimen Interviewed by Andrew Samuels in the Context of the Publication of Her Book Sexuality,Intimacy, Power

Samuels interviewed Dimen in lieu of a book review for her Sexuality, Intimacy, Power. The interview was unstructured and dialogical and covered the following main topics: (a) professional issues in the field of psychoanalysis such as the relation of theory to practice and reflections on the nature and content of trainings in psychoanalysis; (b) issues in the broad areas of sexuality and gender including the question of moral relativism with respect to sexual behaviors historically designated as “perverse” and considerations of masculinity, femininity, and patriarchy; (c) intellectual considerations such as the relations between anthropology and psychoanalysis and the as yet indeterminate nature of the discipline of psychoanalysis, neither art nor science and not a hybrid of the two; and (d) the political, social, and cultural contexts within which psychoanalytic endeavors including the interview itself are taking place.     

The application of a performance management system in hospitals: A hypothetical example

Abstract

The central theme of this article is performance management, defined as activities of organizations aimed at an effective and efficient use of their human resources. The organization focused on in particular is the hospital. Three principles taken from motivation theory are dealt with which are basic to performance management: goal setting, feedback and reinforcement. Next, a recently developed procedure (Pritchard 1990, Pritchard et al. 1988, 1989) for the design of performance management systems is described. This procedure, ProMES: Productivity Measurement and Enhancement Systems, is explained using a team of ward nurses as a hypothetical example. In addition to the nursing wards example, other potential applications of the ProMES technique to several hospitals areas are mentioned. Finally, some conditions that should be fulfilled in order to successfully start a ProMES project are discussed.     

Analysis of Deviance for Hypothesis Testing in Generalized Partially Linear Models

In this study, we develop nonparametric analysis of deviance tools for generalized partially linear models based on local polynomial fitting. Assuming a canonical link, we propose expressions for both local and global analysis of deviance, which admit an additivity property that reduces to analysis of variance decompositions in the Gaussian case. Chi-square tests based on integrated likelihood functions are proposed to formally test whether the nonparametric term is significant. Simulation results are shown to illustrate the proposed chi-square tests and to compare them with an existing procedure based on penalized splines. The methodology is applied to German Bundesbank Federal Reserve data.