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The purpose of this paper is to present estimates of the maximum potential import leakage effect (decrease in the multipliers) as a result of the U.K.'s joining the E.E.C. The 1970 U.K. input‐output model was used. As a first step the domestic input coefficient matrix was adjusted for changes in the relative price of domestic inputs under the assumption that all import duties on competitive imports from the E.E.C. were eliminated. Considerable variation in the ranking of each endogenous sector according to its leakage coefficient for output, income, and employment was found.

Distribution research was an important field of research in Germany especially in the 1920s and 50s. After that, the major research interests in the area of marketing and internal trade shifted to other topics. Retailing and wholesaling institutions became more powerful and new technologies supporting physical distribution activities began to attract researchers to deal with distribution problems. Distribution as treated in this synopsis covers the areas of retailing, wholesaling, industrial selling and physical distribution.

DURING the war period public imagination has been stirred by the many new devices of defence and offence which have come about as the result of scientific research. One notable example is radio‐location, devised primarily for the detection of enemy aircraft but subsequently finding application in every arm of the fighting services and possessing great possibilities for peace‐time usefulness.

This chapter examines gender diversity with a focus on the proportion of females in companies in Taiwan. The investigation also examines the effect of the proportion of females on company performance. The research used two Taiwan government databases offering statistics of individual indigenous companies in the manufacturing industries in 1996 and 2001, with a sample size of 8,622 in 1996 and 8,731 in 2001. Results show that the proportion of females in managerial, professional, and administrative jobs is increasing and is positively associated with company performance. By contrast, the proportion of females in operational-level jobs is decreasing, and its association with company performance is inconsistent. This study extends previous gender diversity research in management groups and suggests that women can be invaluable resources for business organizations in Taiwan.

The job description “marketing accountant” is increasingly seen in job advertisements, and this paper reports the results of a study into how companies use their “marketing accountants”; what they envisage the job description to mean, and what tasks these specialists are called upon to perform.

This study investigates the time‐series properties of operating cash flows per share and earnings per share for all manufacturing firms on the Compustat Quarterly Industrial tape for which sufficient data are available. Both individually‐identified and “premier” models are compared on the basis of their relative fit and forecasting accuracy. The empirical results suggest that for both accounting variables the individually‐identified models outperform the premier models, although this advantage is larger for earnings, and for forecast horizons beyond one quarter ahead. A major conclusion of the study is that the time‐series properties of cash flows are quite different than those of earnings. In particular, the cash flow series are considerably less predictable, as shown by their relatively high incidence of white‐noise series and relatively large forecast errors.

Most writers of headlines for daily newspapers generally do not consider paint brushes and related tools highly newsworthy. Occasionally, however, they are proved wrong as was demonstrated when a 54‐cent paint scraper accidentally fell into a torpedo launcher at Pearl Harbour in Hawaii. The net result of this seemingly minor accident was that the nuclear submarine, USS Swordfish, had to be placed in drydock for $171,000 worth of repairs.

The purpose of the paper is to identify the main characteristics of vertical integration strategies and discuss the effects of those characteristics on companies' ability to compete. Using a sample of 316 parent companies, the study found that industry uncertainty affected companies' decisions regarding their levels of vertical integration, but not companies' decisions to change those levels. The study also suggests that a significant number of companies have disintegrated to become more competitive.

The government procurement market is one of the few markets where substantial trade barriers still exist. Many countries, including Korea, have been trying to reduce these market barriers through the World trade Organization (WTO) plurilateral government procurement agreement (GPA) and foreign trade agreement (FTA) negotiations. The actual results have been somewhat disappointing. This paper argues that one factor behind the disappointing results may be Korea’s negotiating text, heavily influenced by the GPA, that includes several provisions which may hinder efficiency and add to procurement costs. The paper offers a policy option for Korean FTA negotiators - a “half track” approach where Korea can offer mutual national treatment to the suppliers of the FTA partner with no (or very little) additional procedural or transparency requirements such as those associated with the GPA -type provisions.

The purpose of this paper is to examine the effects of outward foreign direct investment (O‐FDI) on the competitiveness of home‐country export.

This paper employs a six‐year data set from Taiwanese manufacturing data for 15 industries over the period between 1991 and 2007.

The authors find that exports in Taiwan are positively associated with O‐FDI by Taiwanese firms. This finding supports the view that outward FDI complements home country exports and concurs with the majority of earlier empirical findings which focus on developed home countries. The authors also find that such effect is stronger for Taiwanese FDI in China than in other countries and in traditional sectors than in modern sectors.

These findings suggest that location‐and industry‐specific characteristics moderate the strength of the relationship between O‐FDI and home country exports.