MULTINATIONALS’ PRODUCTIVITY ADVANTAGE: SCALE OR TECHNOLOGY?

This study decomposes the productivity advantage of foreign multinationals into a technology and a scale effect and analyses the causal relationship between foreign ownership and these two components. This is done by analyzing the effects of an acquisition of a domestic establishment by a foreign multinational, using a combined propensity score matching and difference-in-differences estimation. The main results show that any positive impact of acquisition is predominantly due to changes in technical efficiency and not in scale and that the preacquisition productivity of the target plays a role in mediating the rate of technology transfer from the multinational. ( JEL F23, L22)     

CAN TRADE REALLY HURT? AN EMPIRICAL FOLLOW‐UP ON SAMUELSON'S CONTROVERSIAL PAPER

This paper investigates Samuelson's [Samuelson, P. A. “Where Ricardo and Mill Rebut and Confirm Arguments of Mainstream Economists Supporting Globalization.” Journal of Economic Perspectives, 18(3), 2004, 135–46] argument that technical progress of the trade partner may hurt the home country. We illustrate this prospect in a simple Ricardian model for situations with outward knowledge spillovers. Within this framework Samuelson's Act II effects may occur. Based on industry level panel data for 17 OECD countries for the period 1973–2000 we show econometrically that the outflow of domestic knowledge via exports or foreign direct investment (FDI) to the rest of the world may have a negative impact on industry output in the home country. This is particularly so when exporting to technologically less advanced countries and, more specifically, China. (JEL F10, F11, F14, O30)     

Operational research and the pluralist frame of reference

This paper is concerned with the practice of OR in situations of conflict. Two papers which consider the practice of OR in the public sector are criticised. Both papers do not fully recognise the implications of conflict and the guidance given for action suffers as a consequence. Conflict situations have been extensively studied by analysts of industrial relations and war. Relevant concepts from these studies are introduced which give an awareness of the problems of conflict and some sound guides for action.     

Auctions of companies

Auctions of companies are conducted in ways that contradict received auction theory. The major puzzles are: (1) sellers restrict the number of bidders; (2) sellers restrict the number of bidders; (3) bidders are screened by an initial round of non-binding bids; and (4) bidders offer - and sellers sometimes accept - preemptive bids. Puzzles (1), (2), and (4) are explained by assuming that some information concerning the company can, if released, reduce the value of the company. Puzzle (3) is explained as a way for sellers to select the highest-valued bidders; equilibrium is maintained by using the initial bids to set a reserve price for the final bidding round.     

The publishing of recent economics Ph.D. recipients

We present publication data for recent graduates of 50 economics Ph.D. programs. The data show that publishing output is highly concentrated among graduates of the top programs; the top three programs, for example, generate more than 25% of aggregate publishing output in our sample. We use the data to construct a set of program rankings based on both per capita and aggregate graduate publication and a comparison of faculty performance to graduate performance. The graduate/faculty comparison reveals that programs may be identical in the output of their faculties but starkly different in the output of their graduates.     

Educating back-injured workers: What should we be teaching?

OBJECTIVE: The purpose of this study was to identify what information people with acute and chronic back pain, health care practitioners, employers and case managers felt should be included in an educational brochure for recently back-injured workers. STUDY DESIGN: Four focus groups were convened, each comprising several representatives from one of the four constituencies. Participants rated 32 information items regarding their inclusion in an educational brochure. Ratings were tabulated for ranking and for group comparisons. RESULTS: While consensus was strong for most information items, there were apparent differences between the groups for several items relating to work resumption, medical attention, and legal or compensation consultation. CONCLUSIONS: Perceived educational needs of back-injured workers may differ from those of their health care practitioners and from their employers or insurers. Future efforts to prevent back disability through education should include evaluation of the informational needs of injured workers.     

So near yet so far: blocked networks,global links and multiple exclusion in the German–Polish borderlands

Abstract The building blocks of global society are conventionally thought of in terms of ‘flows’, ‘scapes’, ‘key nodes’, and ‘global cities’, to name a few. We rarely consider borders and border regions. However, state borders provide a crucial component of a globalizing society in transition. Exhibiting a structural ambivalence, borders can be seedbeds of cosmopolitanism, sites of cultural closure, or often both simultaneously. To understand cross‐border interaction we have to engage with a complex configuration of global and sub‐global dynamics. In this article I argue that borders are revealing analytical tools that must be included in any grounded theory of global change. I draw on fieldwork conducted in the German‐Polish border region, mostly in the German‐Polish twin city Guben/Gubin. Here we are confronted with the simultaneous processes of globalization, European integration and post‐socialist transformation.     

Measurement for evaluation

Problems of measurement in management science are discussed in the context of methods of evaluation. Different approaches to evaluation are compared in terms of the level of measurement required and the process of generating numerical values. It is suggested that the difficulties of measuring are not always appreciated and that soundly-based measures are products of theories developed and tested within a consensus on basic constructs. Conclusions are drawn for the practitioner to set his level of measurement in terms of consensual understanding and suggestions are made for research.