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1 – 10 of over 2000
Article
Publication date: 2 October 2017

K.C. Fung and Nathalie Aminian

In this paper, the authors aim to examine some characteristics of the innovation system and policy in France and China. For comparison, they also highlight some high technology…

Abstract

Purpose

In this paper, the authors aim to examine some characteristics of the innovation system and policy in France and China. For comparison, they also highlight some high technology features of Silicon Valley and California.

Design/methodology/approach

The authors study the characteristics of innovation in France and in China. The authors examine the technology systems and policies in both countries and compare their features with those in Silicon Valley.

Findings

As far as France is concerned, it can be stated that the innovation system and policy are under transformation, going from a strong state involvement to a more decentralized framework. This evolution leads to a multi-level governance of the innovation system and to the emergence of new actors. For China, the most interesting development in China is the evolution of its internet-related sector. The authors argue here that the internet-driven economy is a radical, systemic technological change and it is rapidly growing in China.

Originality/value

One of the earliest papers comparing the innovation policies and activities in France, China and Silicon Valley.

Details

Journal of Chinese Economic and Foreign Trade Studies, vol. 10 no. 3
Type: Research Article
ISSN: 1754-4408

Keywords

Article
Publication date: 3 October 2016

K.C. Fung, Hsiang-Chih Hwang, Jesús Seade and Rocky Tung

In this paper, the authors aim to examine trade in parts and components of Mexico, Chile and Brazil, focusing in particular on trade of television parts (SITC 7711) and…

Abstract

Purpose

In this paper, the authors aim to examine trade in parts and components of Mexico, Chile and Brazil, focusing in particular on trade of television parts (SITC 7711) and semiconductors (SITC 7763) with China and South Korea. They also study the impact of foreign direct investment (FDI) on supply chain activities.

Design/methodology/approach

The authors use sub-categories of trade data to look at export and import of parts and components involving China, South Korea, Mexico, Brazil and Chile. They also use two-stage regressions to examine the impact of FDI on supply chain trade.

Findings

The authors found preliminary evidence that there may be early signs of an emerging Trans-Pacific production network between these three Latin American economies and the China-based and South Korea-based East Asian supply chains. The authors argue that this budding network will improve economic welfare. To deepen the Trans-Pacific supply chain, it would be desirable for China and South Korea to consider joining the Trans-Pacific Partnership (TPP). In addition, FDI enhances trade in components.

Practical implications

To deepen the Trans-Pacific supply chain, it would be desirable for China and South Korea to consider joining the TPP. In addition, it would be beneficial for these Latin American economies to encourage more direct investment in infrastructure and in manufacturing facilities from Asia.

Originality/value

This paper is one of the earliest research papers examining the Trans-Pacific supply chain, linking China, South Korea with Mexico, Brazil and Chile. The authors also study the impact of FDI on supply chain activities.

Details

Journal of Chinese Economic and Foreign Trade Studies, vol. 9 no. 3
Type: Research Article
ISSN: 1754-4408

Keywords

Content available
Article
Publication date: 3 October 2016

K.C. Fung and Carlos M. Urzúa

158

Abstract

Details

Journal of Chinese Economic and Foreign Trade Studies, vol. 9 no. 3
Type: Research Article
ISSN: 1754-4408

Article
Publication date: 1 April 1994

Pan‐Long Tsai and Jyh An Chen

Uses a conjectural variation approach to derive a general resultconcerning the equivalence of tariffs and quotas. Shows that, as long asthe quota is binding, the equivalence of…

940

Abstract

Uses a conjectural variation approach to derive a general result concerning the equivalence of tariffs and quotas. Shows that, as long as the quota is binding, the equivalence of tariffs and quotas depends exclusively on the domestic firm′s conjectural variations. Specifically, the domestic prices of the goods under the quota are higher than, identical to, or lower than those under the tariff if the domestic firm′s conjectural variation under the quota is larger than, equal to, or smaller than that under the tariff. This conclusion holds for both price‐setting and quantity‐setting duopoly with heterogeneous goods as well as quantity‐setting duopoly with homogeneous goods.

Details

Journal of Economic Studies, vol. 21 no. 2
Type: Research Article
ISSN: 0144-3585

Keywords

Article
Publication date: 3 October 2016

K.C. Fung, Lurong Chen and Alicia Garcia-Herrero

The purpose of this paper is to investigate what affects trade in parts and components, particularly for Latin America and East Asia.

459

Abstract

Purpose

The purpose of this paper is to investigate what affects trade in parts and components, particularly for Latin America and East Asia.

Design/methodology/approach

The methodology includes using data analysis as well as regressions

Findings

The main findings show that logistics and infrastructure are among the most important determinants of supply chain trade. For Latin America to participate more in such trade, the region should attract more foreign direct investment, including direct investment from China in transportation, roads and ports as well as infrastructure in general.

Originality/value

This paper is among the first in the literature to conduct regression analysis on trade in parts and components.

Details

Journal of Chinese Economic and Foreign Trade Studies, vol. 9 no. 3
Type: Research Article
ISSN: 1754-4408

Keywords

Article
Publication date: 11 September 2017

Syed Jawad Hussain Shahzad, Safwan Mohd Nor, Nur Azura Sanusi and Ronald Ravinesh Kumar

The purpose of this paper is to identify the arbitrage opportunities between US industry-level credit and stock markets with a focus on dynamic lead-lag relationships given that…

Abstract

Purpose

The purpose of this paper is to identify the arbitrage opportunities between US industry-level credit and stock markets with a focus on dynamic lead-lag relationships given that these markets involve heterogeneous agents operating over various time horizons.

Design/methodology/approach

The authors use daily data of 11 US industries stock markets and their credit counterparts to model the dynamic dependence and casual nexuses using time-frequency approach, namely, wavelet squared coherence (WTC).

Findings

The WTC estimation results show that credit and stock markets are out of phase (counter cyclical) and stock markets lead their credit counterparts. The coherence between two markets increases during financial crises. The banks (utilities) industry credit and stock markets have relatively high (low) dependence.

Research limitations/implications

The casual nexuses between stock and credit markets have multilateral dimensions. Greater interest in examining the relationship between stock markets and credit default swap (CDS) spreads emerged as an important albeit a complex area of research, and gained prominence especially at the onset and following the global financial crises of 2007-2008 which clearly showed that the positive views of CDSs contribution in creating a resilient and efficient financial sector was nothing further from the truth.

Practical implications

The arbitrage and hedging opportunities between stock and credit markets are industry dependent and vary over investment time horizons. The utilities industry seems attractive for the investment with the objective to exploit arbitrage, but not for hedging.

Originality/value

The paper, for the first time, employs time-frequency approach to assess the arbitrage opportunities between US industry-level credit and stock markets.

Details

Journal of Economic Studies, vol. 44 no. 4
Type: Research Article
ISSN: 0144-3585

Keywords

Content available
Article
Publication date: 2 October 2017

K.C. Fung and Xiaolan Fu

923

Abstract

Details

Journal of Chinese Economic and Foreign Trade Studies, vol. 10 no. 3
Type: Research Article
ISSN: 1754-4408

Article
Publication date: 11 April 2016

Kam C. Chan, Anna Fung, Hung-Gay Fung and Jot Yau

The purpose of this paper is to provide a selective review of literature and presents a conceptual framework in journal and institution rankings. Several streams of ranking…

Abstract

Purpose

The purpose of this paper is to provide a selective review of literature and presents a conceptual framework in journal and institution rankings. Several streams of ranking literature are analyzed.

Design/methodology/approach

The authors provide a conceptual framework to analyze the literature of journal and school ranking. Thus, several streams of ranking literature are analyzed to support the conceptual framework.

Findings

Through the lens of a context-driven framework, the authors point to originality, utility, and timeliness as aspects that contribute to the recent increase of the ranking literature. Finally, the authors discuss other issues that arise within ranking due to subjective biases, institutional preferences and difficulties establishing weighting measurements, as well as the future direction of ranking.

Research limitations/implications

The authors propose a context-based ranking framework to analyze rankings as factors that influence the environment may ultimately affect the usefulness of these rankings. It also implies that ranking of a journal or institution is a relative measure, as the context in which rankings are derived may change over time. Ultimately, the relative benchmarks used in the ranking will change as newer, more relevant metrics are developed.

Originality/value

The conceptual framework is new and provides a useful benchmark to understand ranking of journals and school.

Details

Managerial Finance, vol. 42 no. 4
Type: Research Article
ISSN: 0307-4358

Keywords

Article
Publication date: 2 October 2019

Tessa Withorn, Carolyn Caffrey, Joanna Messer Kimmitt, Jillian Eslami, Anthony Andora, Maggie Clarke, Nicole Patch, Karla Salinas Guajardo and Syann Lunsford

This paper aims to present recently published resources on library instruction and information literacy providing an introductory overview and a selected annotated bibliography of…

6415

Abstract

Purpose

This paper aims to present recently published resources on library instruction and information literacy providing an introductory overview and a selected annotated bibliography of publications covering all library types.

Design/methodology/approach

This paper introduces and annotates English-language periodical articles, monographs, dissertations, reports and other materials on library instruction and information literacy published in 2018.

Findings

The paper provides a brief description of all 422 sources, and highlights sources that contain unique or significant scholarly contributions.

Originality/value

The information may be used by librarians and anyone interested as a quick reference to literature on library instruction and information literacy.

Details

Reference Services Review, vol. 47 no. 4
Type: Research Article
ISSN: 0090-7324

Keywords

Article
Publication date: 6 October 2014

K.C. Fung

– The purpose of this paper is to examine various aspects of regional and global production networks, with a special focus on China.

378

Abstract

Purpose

The purpose of this paper is to examine various aspects of regional and global production networks, with a special focus on China.

Design/methodology/approach

The author studies four different approaches to measure production networks and discuss their strengths and weaknesses. The author presents some of the results associated with some of these measurements.

Findings

The author finds that using trade data alone is simple but incomplete. Bringing in input–output tables is useful but much more data would be needed. In addition, for the case of China, electronic goods and telecommunication goods tend to have a higher foreign value added.

Research limitations/implications

Data with good quality can be a problem. The authors also have difficulty getting input–output tables for many years.

Practical implications

The results can guide policymakers as to which industries can create more domestic value added. The results can also lead to betting of an understanding of trade balances measured in the value added.

Social implications

The results can generate further understanding among citizens of many different countries, including China, about the importance of different sectors in generating the value added.

Originality/value

The value of this paper is to focus on alternative ways to measure the value added in exports from China. The paper is the first to discuss the strengths and weaknesses of different approaches and present some of these results.

Details

Journal of Chinese Economic and Foreign Trade Studies, vol. 7 no. 3
Type: Research Article
ISSN: 1754-4408

Keywords

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