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Article
Publication date: 25 August 2020

Runda Gao, Glauco De Vita, Yun Luo and Jason Begley

The purpose of this paper is to examine the determinants of foreign direct investment (FDI) in producer services in China using both country aggregate and provincial sub-sectoral…

Abstract

Purpose

The purpose of this paper is to examine the determinants of foreign direct investment (FDI) in producer services in China using both country aggregate and provincial sub-sectoral data.

Design/methodology/approach

This paper applies autoregressive distributed lag (ARDL) cointegration and panel data regression approaches in examining the determinants of Producer Service FDI (PSFDI).

Findings

Our results show differences between the determinants of aggregate FDI and PSFDI. Contrary to the typical influencing factors of general FDI (that include GDP, openness, low wages and environmental quality), the two main determinants of PSFDI inflows to China are found to be high wages and research inputs (specifically the number of research workers as a proxy for research intensity). Data drawn from 26 Chinese provinces disaggregated at sub-sector level of producer services corroborate the results.

Originality/value

We add to existing literature by identifying the key determinants of inward PSFDI in China also via a provincial-level data analysis and disaggregation at sub-sectoral level of producer services.

Details

Journal of Economic Studies, vol. 48 no. 4
Type: Research Article
ISSN: 0144-3585

Keywords

Article
Publication date: 1 March 1995

Richard C. Brooks

This paper investigates residential sanitation collection (RSC) pricing under two different service delivery arrangements: (1) the municipal RSC arrangement where municipal…

Abstract

This paper investigates residential sanitation collection (RSC) pricing under two different service delivery arrangements: (1) the municipal RSC arrangement where municipal employees collect residential refuse, and (2) the contract RSC arrangement where private sector firms, under contract with a municipality, collect residential refuse. The results of the study indicate that municipal RSC prices are significantly higher than contract RSC prices. Furthermore, municipal RSC prices exhibit greater variability than contract RSC prices. These findings suggest that contract pricing is consistent with pricing in a competitive market.

Details

Journal of Public Budgeting, Accounting & Financial Management, vol. 7 no. 4
Type: Research Article
ISSN: 1096-3367

Article
Publication date: 1 February 1989

David Cooperman and Paul Plummer

It is quite possible to use the cluster of conventional service terms without further specification, (service jobs, service sectors, service economy), as long as no rigorous…

Abstract

It is quite possible to use the cluster of conventional service terms without further specification, (service jobs, service sectors, service economy), as long as no rigorous empirical theories are intended and as long as data aggregated under that category is likewise not mobilised on behalf of explanation claims. Hence, data published by any number of sources classifies economic activity with reference to agriculture, manufacturing and services, in which services is a residual category. However, the researcher using such data comparatively is at risk since the residuals included in “services” are apt to be the least standardised of all the grossly aggregated data. Where “services” is used as an empty nominal term to stand for other itemised subcategories of service, the term is redundant. Hence, in a recent semi‐popular article, after noting that the term may indeed be so broad as to signify “anything sold in trade that could not be dropped on your foot”, a specification of sub‐categories is given which includes financial services, communication and transportation services, and distribution and retail networks, “among others”, which latter then becomes a rather sizable, unspecified residual itself. (Quinn, Baruch, Paquette 1987).

Details

International Journal of Sociology and Social Policy, vol. 9 no. 2/3
Type: Research Article
ISSN: 0144-333X

Book part
Publication date: 14 February 2008

Rebeca Raijman, Gila Menahem and Adriana Kemp

In recent decades, processes of postindustrialization, economic restructuring, and globalization have been transforming the landscape of social and economic inequalities in…

Abstract

In recent decades, processes of postindustrialization, economic restructuring, and globalization have been transforming the landscape of social and economic inequalities in general (Wade, 2003), and in urban settings in particular (Baum, 1997; Fainstein, 1990; Sassen, 1990a, 1991, 1998; Waldinger, 1996). The role of cities as strategic sites in the globalization process and as arenas of economic transformation is central in the literature of globalization and economic restructuring (Fainstein, 2000; Sassen, 1988, 1998).

Details

Gender in an Urban World
Type: Book
ISBN: 978-0-7623-1477-5

Article
Publication date: 1 July 1996

David Spener

As has been widely recognized in the literature, the post‐war economic boom which drew to a close by the early 1970s has been followed by an intense period of industrial…

Abstract

As has been widely recognized in the literature, the post‐war economic boom which drew to a close by the early 1970s has been followed by an intense period of industrial restructuring characterized by marked instability in all three major spheres of economic activity: production, distribution, and finance. This process has taken place both at the global level and at the level of national economies (Cardenas, 1990). It reflects a profound change in the mode of capitalist accumulation. Prior to the current round of restructuring, accumulation was taken to be principally the inward‐oriented task of each nation's own economy. Now, it seems that successful capital accumulation (i.e. development) depends most upon a nation's competitive integration into the world market for goods and services (Garrido, 1995). The present mode of accumulation implies an opening of national economies to international trade in commodities and capital, both among the advanced industrial nations and between the industrialized and the newly‐industrializing countries. This has generated a heightened degree of competition among countries and among firms, given that the easy movement of capital, goods, and services has allowed for real competition to emerge among dispersed places around the globe based upon their comparative financial and productive advantages.

Details

International Journal of Sociology and Social Policy, vol. 16 no. 7/8
Type: Research Article
ISSN: 0144-333X

Article
Publication date: 19 September 2017

Jing Tian, Julio Lumbreras, Celio Andrade and Hua Liao

This paper aims to identify key sectors in carbon footprint responsibility, an introduced concept depicting CO2 responsibilities allocated through the supply chain containing…

Abstract

Purpose

This paper aims to identify key sectors in carbon footprint responsibility, an introduced concept depicting CO2 responsibilities allocated through the supply chain containing sectoral activities and interactions. In detail, various key sectors could be identified according to comparative advantages in trade, sectoral linkage and sectoral synergy within the supply chain.

Design/methodology/approach

A semi-closed input–output model is used to make the household income–expenditure relationship endogenous through the supply chain where sectoral CO2 emissions are calculated, and the production-based responsibility (PR) principle is evaluated. Thus, according to “carbon footprint responsibility”, modified hypothetical extraction method is applied to decompose sectoral CO2 in terms of comparative advantages in trade, sectoral linkage and synergy. Finally, key sectors are identified via sectoral shares and associated decompositions in carbon footprint responsibility.

Findings

Compared to 2005, in 2012, the PR principle failed to track sectoral CO2 flow, and embodied CO2 in import and interprovincial export increased, with manufacturing contributing the most; manufacturing should take more carbon responsibilities in the internal linkage, and tertiary sectors in the net forward and backward linkage, with sectors enjoying low carbonization in the mixed linkage; inward net CO2 flows of manufacturing and service sectors were more complicated than their outward ones in terms of involved sectors and economic drivers; and residential effects on CO2 emissions of traditional sectors increased, urban effects remained larger than rural ones and manufacturing and tertiary sectors received the largest residential effects.

Originality/value

The value of this paper is as follows: the household income–expenditure relationship got endogenous in intermediate supply and demand, corresponding to the rapid urbanization in megacities; key sectors were observed to change flexibly according to real sectoral activities and interaction; and the evaluation of the PR principle was completed ahead of using a certain CO2 accounting principle at the city level.

Details

International Journal of Climate Change Strategies and Management, vol. 9 no. 6
Type: Research Article
ISSN: 1756-8692

Keywords

Abstract

Details

Urban Dynamics and Growth: Advances in Urban Economics
Type: Book
ISBN: 978-0-44451-481-3

Article
Publication date: 5 March 2018

Sang-Chul Yoon

The purpose of this paper is to examine an endogenous growth model, as a component of a broader study of servicization with skill premium and its policy implications in the…

Abstract

Purpose

The purpose of this paper is to examine an endogenous growth model, as a component of a broader study of servicization with skill premium and its policy implications in the evolving digital economy.

Design/methodology/approach

This paper develops a two-sector endogenous growth model which allows for the observed characteristics of digitally empowered structural changes. Specifically, the driving force of economic growth is the expanding variety of intermediate services as a consequence of innovation in services. The introduction of new intermediate services specifically contributes to total factor productivity in the production of service sector, and thus an uneven growth path with skill premium toward a service economy generally exists.

Findings

The principal finding of this paper is that the digitally empowered expanding variety of intermediate services due to innovation contributes significantly to total factor productivity in the production of service sector, and thus a servicization with skill premium generally exists along a steady-state path. In addition, this paper derives an optimal innovation policy to rule out the market failures due to innovation externality and market power in monopolistic competition conditions, and shows the Rybczynski effects of exogenous endowment changes in the evolving digital economy.

Originality/value

The principal contribution of this paper is to determine how unbalanced endogenous growth along a steady-state path is linked with a service economy with skill premium in the evolving digital economy. In addition to this analysis, this paper provides policy implications – namely, that a positive but finite innovation subsidy can achieve the social optimum in the digital economy, and that an exogenous increase in high-skilled labor can speed up a digitally empowered economic growth.

Details

Journal of Korea Trade, vol. 22 no. 1
Type: Research Article
ISSN: 1229-828X

Keywords

Article
Publication date: 29 January 2021

Xiang Feng, Ben Derudder, Fei Wang and Rui Shao

This study aims to analyse the major geographical dimensions of the location strategies of multinational tourism firms.

Abstract

Purpose

This study aims to analyse the major geographical dimensions of the location strategies of multinational tourism firms.

Design/methodology/approach

Conceptually, this paper is situated at the intersection of two distinct and evolving bodies of research literature on the global geographies of the tourism industry and the production of economic globalization from a set of strategic locations. Empirically, principal component analysis is applied to explore the main geographical configurations within a location matrix of 102 tourism firms across 547 cities.

Findings

The results identify strong geographical organizing patterns in the location strategies of multinational tourism firms, above all articulated in countries/regions that themselves have large domestic and/or international tourism markets. However, there is also a global component in terms of firm/location composition, while the national/regional components are hybrid and porous in practice.

Originality/value

This study contributes to a new way of looking at a globalizing tourism sector. The findings can be used to reflect on possible wider implications for the tourism geographies literature and reveal some avenues for further research.

跨国旅游公司的地理位置和选址:全球化战略

目的

本研究旨在分析跨国旅游企业区位战略的主要地理维度。

设计/研究方法/方案

在理论研究层面, 本文基于两个截然不同和不断发展的研究交叉点: (1)全球经济地理中的旅游产业研究; (2)战略区位选择上的经济全球化研究。在实证研究层面, 本文将主成分分析法应用于547个城市的102家旅游企业的区位矩阵研究中。

研究结果

研究结果显示, 跨国旅游企业的区位选择具有很强的地理规律, 这点在本身拥有庞大国内和/或国际旅游市场的国家/地区内尤为明显。此外, 跨国旅游企业/地点的区位组成也具有明显的全球属性, 在单个国家/区域内的表现则很多元化, 有很大的不同。

原创性/价值

这项研究有助于以新的视角来看待全球化的旅游产业。本文的研究成果可以用来反思旅游地理文献可能存在的更广泛的意义, 并探讨进一步的研究可能。

La geografía y la localización de selección de las empresas multinacionales de turismo: estrategias Para la globalización

Objeto

Este estudio tiene como objetivo analizar las principales dimensiones geográficas de las estrategias de localización de las empresas multinacionales de turismo.

Diseño/metodología/enfoque

Conceptualmente, este documento se sitúa en la intersección de dos bibliografías de investigación distintas y en evolución: (1) sobre las geografías globales de la industria del turismo y (2) sobre la producción de la globalización económica desde un conjunto de ubicaciones estratégicas. Empíricamente, el análisis de componentes principales se aplica para explorar las principales configuraciones geográficas dentro de una matriz de ubicación de 102 empresas de turismo en 547 ciudades.

Hallazgos

Los resultados identifican fuertes ordenamientos geográficos en estas estrategias de ubicación, sobre todo articuladas en países/regiones que a su vez tienen grandes mercados turísticos nacionales y/o internacionales. Sin embargo, también hay un componente global en términos de composición empresa/ubicación, mientras que los componentes nacionales/regionales son en la práctica híbridos y porosos.

Originalidad/valor

Este estudio contribuye a una nueva forma de ver un sector turístico en globalización. Los resultados se pueden utilizar para reflexionar sobre posibles implicaciones más amplias para la literatura sobre geografías turísticas y discutir algunas vías para futuras investigaciones.

Book part
Publication date: 6 August 2014

John D. Kasarda and Stephen J. Appold

Commercial aviation continues to grow but few passenger or cargo journeys begin or end at airports. “Terminal” and “last” mile costs can place considerable drag on interregional…

Abstract

Commercial aviation continues to grow but few passenger or cargo journeys begin or end at airports. “Terminal” and “last” mile costs can place considerable drag on interregional trade in goods and services, attenuating growth and prosperity. The aerotropolis model provides a holistic framework for understanding – and addressing – trade costs. The central tenets of the aerotropolis model are outlined and extended by considering the decision to establish a new business facility. Implications are drawn for planning a competitive aerotropolis as the global economy enters a new era.

Details

The Economics of International Airline Transport
Type: Book
ISBN: 978-1-78350-639-2

Keywords

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