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US Industries (us + industry)
Selected AbstractsCyclical Productivity in Europe and the United States: Evaluating the Evidence on Returns to Scale and Input UtilizationECONOMICA, Issue 296 2007ROBERT INKLAAR This paper studies procyclical productivity growth at the industry level in the United States and three European countries (France, Germany and the Netherlands). Industry-specific demand-side instruments are used to examine the prevalence of non-constant returns to scale and unmeasured input utilization. For the aggregate US economy, unmeasured input utilization seems to explain procyclical productivity. However, this correction still leaves one in three US industries with procyclical productivity. This failure of the model can also be seen in Europe and is mostly concentrated in services industries. [source] Testing for Multicointegration in Panel Data with Common Factors,OXFORD BULLETIN OF ECONOMICS & STATISTICS, Issue 2006Vanessa Berenguer-Rico Abstract This paper addresses the concept of multicointegration in a panel data framework and builds upon the panel data cointegration procedures developed in Pedroni [Econometric Theory (2004), Vol. 20, pp. 597,625]. When individuals are either cross-section independent, or cross-section dependence can be removed by cross-section demeaning, our approach can be applied to the wider framework of mixed I(2) and I(1) stochastic processes. The paper also deals with the issue of cross-section dependence using approximate common-factor models. Finite sample performance is investigated through Monte Carlo simulations. Finally, we illustrate the use of the procedure investigating an inventories, sales and production relationship for a panel of US industries. [source] Seeing sustainability in business operations: US and British food retailer experiments with accountabilityBUSINESS STRATEGY AND THE ENVIRONMENT, Issue 4 2007Alastair Iles Abstract This article compares how food retail industries in Britain and the United States are facing sustainability challenges. The British and US industries are in different stages of maturity in identifying and responding to sustainability. Some UK retailers have begun developing broad-based accountability systems that may aid them to see sustainability in their business operations. By examining what retailers are doing, how accountability systems can inform retailers and the business case for accountability, this article argues that retailers can gain significant business advantages with strategies to improve accountability. Compared with their American counterparts, British retailers may be better placed to deal with sustainability issues in future. Copyright © 2005 John Wiley & Sons, Ltd and ERP Environment. [source] The limits to the growth of multinational firms in a foreign marketMANAGERIAL AND DECISION ECONOMICS, Issue 8 2003Danchi Tan Theories of growth for firms have suggested that slow managerial growth is a major constraint why firms cannot grow faster. This paper is built on such a view and explores the factors that may influence the growth rate of Japanese firms in a given US industry. It is found that Japanese firms that allocated more internal and international managerial resources (proxied by expatriates) to their US operations tended to achieve higher growth rates. Japanese firms that were geographically diversified and those that spread their international investment projects evenly over time also achieved higher growth rates. Copyright © 2003 John Wiley & Sons, Ltd. [source] |