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An understanding of the determination of real wages is crucial in analysing the determination of the natural rate of unemployment or NAIRU. Uses cointegration techniques to examine a core theoretical model of the long‐run determinants of real wages involving unit labour costs, unemployment, union power and the replacement ratio. Considers the different measures of union power and the duration of unemployment and alternative specifications involving the “wedge” but a robust cointegrating relationship is not found. These results can be interpreted in several ways: concepts such as union power or the “generosity” of benefits may be measured inadequately; the theoretical understanding of the long‐run determinants of real earnings may remain seriously incomplete; alternatively the short spans of data examined may be insufficient for the application of cointegration techniques, although the sample sizes examined here are fairly typical of most macroeconomic time series.

Despite the vast literature on privatization, the relationship between change of ownership and performance is not clear. The purpose of this paper is to understand why divergences are found between the empirical results of papers analyzed.

The author applies a meta-analysis to a sample of 60 empirical studies that analyze the performance of privatized companies. The author checks whether different results on performance can be explained by the method of privatization and the level of development of the country of privatized companies.

The findings indicate that companies privatized by public offerings obtain a better performance than companies privatized using other methods, such as private sale or voucher privatization, and do not support the common-place assumption that privatization in developing countries does not improve financial performance.

The study contributes to the literature on privatization because it adds new empirical evidence about the privatization programs and it first applies a meta-analysis to a sample about privatization on state-owned companies. The author discusses theoretical and managerial implications and offers suggestions for future research on privatization.

When a vehicle passes through a long highway tunnel, the smoke it discharges accumulates in the tunnel. High smoke concentration has an important influence on the driver’s health and driving safety. The use of numerous jet fans to diffuse the smoke causes excessive energy consumption, so it is of significant practical value to design suitable tunnel ventilation.

The study is based on the continuum hypothesis, incompressible hypothesis, steady flow hypothesis and similar hypothesis of gas in a long highway tunnel. These hypotheses calculate the gas emissions and wind demand in a long highway tunnel given the deployment of the jet fan program.

This program selects each of the two 1120-type jet machine group and sets up 13 groups; each group has an interval of 184.5 m in the end. The analysis of air test results when the tunnel is in operation shows that CO and smoke concentrations meet the design requirements, which can provide reference for a similar engineering design later.

At present, a highway tunnel is recognized at home and abroad by means of clearance of longitudinal ventilation, which is 2,000 m. In view of this, this paper is based on the theory of longitudinal jet ventilation of a highway tunnel, whose length is more than 2,000 m, to calculate the ventilation and apply it to a tunnel’s ventilation design.

This chapter focuses on the impact of national economic conditions and voters’ attitudes on the positioning of European national political parties with regard to the European Union (EU). We provide an empirical analysis based on data gathered through the Chapel Hill Expert Survey (CHES) covering parties from 14 European countries observed over the 1999–2010 time span. We perform a regression analysis where the dependent variable measures the position of political parties vis-à-vis EU integration and explanatory variables include a number of measures of national economic conditions, features of the national political and institutional framework and voters’ Euroscepticism. Fixed effect, ordered logit and fractional logit estimates provide the following main results. Compared with other parties, non-mainstream political parties and those acting in established economies are more prone to mirror citizens’ Eurosceptic sentiments. National economic conditions such as inflation as well as gross domestic product (GDP) growth affect mainstream party support for the EU. Smaller and ideologically extreme parties are, on average, less supportive of European integration.

The issues of development of decisions are very important during formation of the system of management of modern business systems in the conditions of turbulence of external conditions. The ideas of rational structuring of information flows, which are used for decision making, are related to the necessity for development of communicative culture of companies. Quality of interaction between persons that participate in decision making should be assessed by analyzing the ratio of probabilities that characterize quality of information and correctness of decisions and development of a special model.

Entangled Political Economy, the idea that the economy and the polity are a nexus of interrelations often with unplanned outcomes, is close to the concept of economics that Adam Smith presents, a concept which was not shaped by strict discipline barriers. I show that Adam Smith analyzes the nature and causes of the wealth of nations by analyzing the interaction of the economy with politics, ethics, and the law. In particular, Smith presents each of these systems as a network of relations with all the other systems: the economy is entangled not just with the polity, but also with other systems of behavior such as the law and morality. Adam Smith may help expand the horizons of the entangled political economy analysis and the explanatory powers of economics.

MODERN heavy‐duty motor oils are almost invariably formulated with detergent‐dispersant type of additives. The types of additive normally employed for this purpose are organo‐metallic detergent‐dispersants such as metal salts (barium/calcium) of alkyl phenols, petroleum and synthetic sulphonic acids, condensation products of olefins and P2S5, alkyl salicylic acids, etc., on the one hand, and the polymeric ashless types of dispersants such as polymethacrylic esters and N‐substituted long chain alkyl succinimides, on the other. Barium and calcium salts of the petroleum sulphonic acids, however, are by far the most widely used dispersant‐detergent additives. These additives are manufactured from the sodium salts or the sulphonic acids obtained as a by‐product during the sulphonation of mineral oils for the manufacture of white oils and transformer oils. The average molecular weight of the sodium salts is in the range 450—500.

In this study the authors aim to comprehensively investigate the determinants of voting behavior in Turkey, with a specific focus on the dynamics of the center-periphery debate. Mainly, the authors focus on regional voting patterns during the period that is dominated by the Justice and Development Party (JDP/AKP) in the elections. The authors apply the random effects generalized least squares (GLS) methodology, and analyze electoral data covering four pivotal parliamentary elections (2007, 2011, 2015 and 2018) across all 81 provinces (NUTS III regions). The authors individually examine voting dynamics of the four major parties in parliament: the JDP/AKP, the Republican People's Party (RPP/CHP), the Nationalist Movement Party (NMP/MHP) and the Peoples' Democratic Party (PDP/HDP). The authors contribute to a comprehensive understanding of how socioeconomic cleavages, economic performance, party alignment and social dynamics shape voter preferences in the Turkish context, thereby addressing gaps in the existing literature.

This research employs an ecological study of Turkish NUTS III sub-regions, covering national elections from 2007 to 2018. The authors utilize the random effects GLS method to account for heteroscedasticity and time effects. The inclusion of the June and November 2015 elections enables a comprehensive analysis of the evolving dynamics in Turkish voting behavior. The results remain robust when applying pooled OLS and fixed effect OLS techniques for control.

The study's findings reveal that economic performance, specifically economic growth, plays a pivotal role in the sustained dominance of the JDP/AKP party. Voters closely associate JDP preference with economic growth, resulting in higher voting shares during periods of economic prosperity. Along with economic growth; share of agriculture in regions' GDP, female illiteracy rate, old population rate, net domestic migration, terrorism and party alignment are also influential factors in the Turkish case. Furthermore, differences among sociocultural groups, and East–West dichotomy seem to be important factors that reveal the impact of social cleavages to understand electoral choice in Turkey.

This study contributes to the existing literature by offering a comprehensive multidimensional analysis of electoral behavior in Turkey, focusing on the JDP/AKP dominance period. The main contribution of this study is its multidimensional perspective on the power bases of all main parties, considering key voter choice theories (cleavages, party alignment and retrospective economic performance voting) that have not been systematically analyzed in prior research. The main research question of this study is to examine which factors affect voting behavior in Turkey and how the dynamics of center-periphery or eastern-western region voting behavior under the JDP hegemony can be explained. The contribution of this study consists not only in its empirical testing of panel data approaches but also in its comprehensive analysis of four major political parties. Building upon existing studies in the literature, this research seeks to extend the understanding of voting dynamics for the four main parties in the parliament — JDP/AKP, RPP/CHP, NMP/MHP and PPDP/HDP — by delving into their dynamics individually, thereby expanding the scope of previous studies. This study aims to make a contribution by not only empirically testing panel data approaches but also conducting a comprehensive analysis of four major political parties. Furthermore, the separate inclusion of the 2015 elections and utilization of a panel data approach enrich the analysis by capturing the evolving dynamics of Turkish voting behavior. The study underscores the significance of socioeconomic factors, economic performance and social cleavages for voters' choices within the context of a dominant party rule.

The Mondragon cooperatives are the most thoroughly studied and well-known example of worker cooperatives in the world. Yet while there has been much discussion and wide recognition of the empirical growth of the Mondragon co-ops, there is substantial confusion about the lessons we can draw from this case in thinking about workplace democracy more broadly.

The normative and empirical literature on Mondragon is carefully analyzed to draw out the main implications from this case study for the broader issue of workplace democracy.

I contend that Mondragon teaches us two main lessons. First, that workplace democracy can indeed operate in a way that is economically sustainable and socially superior to conventional firms. Second, Mondragon sheds light on the question of whether co-ops are doomed to degenerate.

This paper advances our understanding and conceptualization of workplace democracy.

This paper provides practitioners with an up-to-date and comprehensive analysis of the world’s most successful cooperative network.

This paper provides insight into the practical feasibility and normative desirability of alternative organizations of workplaces in the form of worker cooperatives.

This paper will be of particular interest to scholars and activists interested in democratic alternatives to conventional hierarchical firms by illustrating the strengths and weaknesses of the Mondragon cooperatives and drawing out the lessons that this specific yet influential example has for issues of workplace democracy more broadly.