International Competition and Industrial Rates of Return

International Competition and Industrial Rates of Return PDF Author: George Christodoulopoulos
Publisher:
ISBN:
Category :
Languages : en
Pages : 466

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Book Description

International Competition and Industrial Rates of Return

International Competition and Industrial Rates of Return PDF Author: George Christodoulopoulos
Publisher:
ISBN:
Category :
Languages : en
Pages : 466

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Book Description


International Competition and Exchange Rate Shocks

International Competition and Exchange Rate Shocks PDF Author: John Meredith Griffin
Publisher:
ISBN:
Category : Competition, International
Languages : en
Pages : 41

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Book Description
It is widely accepted that, for some industries, competition across countries is" economically important and that this competition is strongly affected by exchange rate changes." This paper explores the validity of this view using weekly stock return data on 320 industry pairs" in six countries from 1975 to 1997. It is found that common shocks to industries across countries" are more important than competitive shocks. Weekly exchange rate shocks explain almost" nothing of the relative performance of industries. Using returns measured over longer horizons the importance of exchange rate shocks increases slightly and the importance of common shocks" to industries increases more substantially. Both industry and exchange rate shocks are more" important for industries that produce goods traded internationally, but the importance of these" shocks is economically small for these industries as well

International Competition and Industrial Change

International Competition and Industrial Change PDF Author: Charles Harvey
Publisher: Routledge
ISBN: 1135186693
Category : Business & Economics
Languages : en
Pages : 188

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Book Description
First Published in 1990. This collection of essays is intended shed light upon key issues in the history of mining and metallurgy: issues such as investment and organisation; professionalisation; the impact of technological change; and the problematic relationship between mineral wealth and sustained economic development.

Capital and Rates of Return in Manufacturing Industries

Capital and Rates of Return in Manufacturing Industries PDF Author: George Joseph Stigler
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 272

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Book Description


International Competition and Exchange Rate Shocks

International Competition and Exchange Rate Shocks PDF Author: John Meredith Griffin
Publisher:
ISBN:
Category : Competition, International
Languages : en
Pages : 43

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Book Description


Imperfect competition in international trade

Imperfect competition in international trade PDF Author: Winston Chang
Publisher: Springer Science & Business Media
ISBN: 1461522498
Category : Business & Economics
Languages : en
Pages : 276

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Book Description
A theoretical analysis of international trade and industrial policy, developing and using new models of trade with imperfect competition. Modeling of imperfect competition within international trade has been difficult until recent breakthroughs in this area, which have provided a more realistic view of the world economy. The book builds on the advances provided by such tools as game theory and the theory of monopolistic competition. The first section covers broad and basic trade issues which arise under imperfect competition. Section two examines implications for trade policy covering issues such as strategic trade policy in static and dynamic settings. Section three deals with various structural issues, such as optimal choice of trade liberalizing policies, the formation of trade blocks, and open dualistic economy with externalities.

International Economics: Global Markets And Competition (3rd Edition)

International Economics: Global Markets And Competition (3rd Edition) PDF Author: Henry Thompson
Publisher: World Scientific Publishing Company
ISBN: 9814360856
Category : Business & Economics
Languages : en
Pages : 450

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Book Description
This book integrates the microeconomics of trade with international finance and open economy macroeconomics. The emphasis throughout is on international competition and the limits of trade policy.Economics began with a debate over tariffs. Domestic industries lobby for protection against foreign competitors or export subsidies. Government policy makers dole favors in return for cash and votes. Governments negotiate free trade agreements but disregard them when possible with tariffs, export subsidies, and other policies to influence foreign trade and investment. The forces of international competition, however, eventually overwhelm government policy.This text presents the critical issues of international trade and finance. Trade theory includes partial equilibrium market analysis, neoclassical trade models, constant cost production, factor proportions production, and models of industrial organization. The text integrates concepts from international finance and the basic models of open economy macroeconomics.The presentation uses graphs with numerical examples making the theory easier for students, especially when combined with more general classroom presentation. The text does not assume previous courses in intermediate economics or calculus but develops the theory with simple tools. Numerous questions give students confidence to use the theoretical models and concepts.Over 250 boxed examples illustrate the theory, many with visually descriptive charts and plots. The text is concise in its presentation style. Students enjoy its clear straightforward style and instructors notice the difference on exams.

How Intensive Is Competition in the Emerging Markets? An Analysis of Corporate Rates of Return from Nine Emerging Markets

How Intensive Is Competition in the Emerging Markets? An Analysis of Corporate Rates of Return from Nine Emerging Markets PDF Author: Mr.Jack D. Glen
Publisher: International Monetary Fund
ISBN: 145184509X
Category : Business & Economics
Languages : en
Pages : 45

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Book Description
This large empirical study of corporate profitability in emerging markets during the 1980s and 1990s measures the intensity of competition. Data on corporate rates of return, profit margins, and output-capital ratios reveal that the recent liberalization has been associated with reduced corporate profit margins and improved capital utilization efficiency. The paper also analyzes persistency in corporate profitability and finds that competitiveness was no less intense in developing countries than in advanced countries. Although the paper is not directly concerned with the Asian crisis, it provides evidence on important structural hypotheses about the crisis.

Risk and Return for Regulated Industries

Risk and Return for Regulated Industries PDF Author: Bente Villadsen
Publisher: Academic Press
ISBN: 0128125888
Category : Business & Economics
Languages : en
Pages : 362

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Book Description
Risk and Return for Regulated Industries provides a much-needed, comprehensive review of how cost of capital risk arises and can be measured, how the special risks regulated industries face affect fair return, and the challenges that regulated industries are likely to face in the future. Rather than following the trend of broad industry introductions or textbook style reviews of utility finance, it covers the topics of most interest to regulators, regulated companies, regulatory lawyers, and rate-of-return analysts in all countries. Accordingly, the book also includes case studies about various countries and discussions of the lessons international regulatory procedures can offer. - Presents a unified treatment of the regulatory principles and practices used to assess the required return on capital - Addresses current practices before exploring the ways methods play out in practice, including irregularities, shortcomings, and concerns for the future - Focuses on developed economies instead of providing a comprehensive global reviews - Foreword by Stewart C. Myers

International Economics

International Economics PDF Author: Henry Thompson
Publisher: World Scientific
ISBN: 9812563466
Category : Business & Economics
Languages : en
Pages : 522

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Book Description
"This text integrates the microeconomics of trade with concepts from open economy macroeconomics. The emphasis is on the powerful forces of international competition and the limitations of government policy. Economics began with a political debate over tariffs and the politics continue. Domestic industries lobby for protection against foreign competitors and for export subsidies. Government policy makers favor their pet industries in return for lobby money and votes. Meanwhile, other industries lobby for free trade. Governments worldwide tentatively negotiate free trade agreements while international financial markets determine the effectiveness of their fiscal and monetary policies. Wages, capital returns, and national income rise and fall with international commerce. The text covers these issues of international trade and finance. The trade theory is based on partial equilibrium market analysis, constant cost and neoclassical general equilibrium, the factor proportions model, and various theories of industrial organization."--Book cover.