220 research outputs found
Monographie du palais de Fontainebleau
No full textFontainebleau, Dungeon (roof detail) Cour Ovale (Plate # 3); Monographie du Palais de Fontainebleau, dessinée Gravée par M. Rodolphe Pfnor, published by Vve. A. Morel et Cie Éditeurs, Paris in 1873, 2 volumes. Source: University of Toronto Libraries; http://main.library.utoronto.ca/ (accessed 2/1/2008
Institutional Quality and FDI to the South: An Analytical Approach
No full textWe ask whether MNEs’ experience of institutional quality and political risk within their “home†business environments influences their decisions to enter a given country. We set out an explicit theoretical model that allows for the possibility that firms from South source countries may, by virtue of their experience with poor institutional quality, derive a competitive advantage over firms from North countries with respect to investing in destinations in the South. We show that the experience gained by such MNEs of poorer institutional environments may result in their being more prepared to invest in other countries with correspondingly weak institutions.foreign direct investment, multinational enterprises, institutional quality
Replication Data and Code for: Greenfield FDI and skill upgrading: A polarized issue
No full textThe data and programs replicate tables and figures from "Greenfield FDI and skill upgrading: A polarized issue", by Davies and Desbordes. Please see the ReadMe file for additional details
Ressenya de: Christin, Rodolphe (2018). Manual del Anti-turismo. València: Fuera de Ruta
No full textEn paraules del seu autor, autodefinit com “un turista més”, aquest és un llibre dirigit, amb mala intenció, als amants dels viatges i del món. El seu objectiu és analitzar el “drama del turisme”, com ell mateix l’anomena. És el turista un destructor marginal? La pregunta ens trasllada a l’univers on els turistes es converteixen en els principals actius de la “món-fàgia”. Literalment, menjar-se el món. El turisme com a consumidor i principal depredador d’una espècie que resulta el món sencer. Partint del principi de racionalització absoluta introduït per Max Weber a l’era científica i tècnica que significà la industrialització de finals del segle XIX i principis del XX, el sociòleg Rodolphe Christin ens planteja un espai convertit en parc, escenificat i modelitzat per la tecnosfera, on el turista assumeix el paper d’espectador-consumidor, i l’hàbitat el d’actor.In the words of its author, self-described as "another tourist", this is a book intended, with a bad intention, for travel lovers and the world. His goal is to analyze the "tourism drama", as he calls it. Is the tourist a marginal destroyer? The question takes us to the world where tourists become the main assets of the "world-phagia". Literally eating the world. Tourism as the main consumer and predator of a species that is the whole world. Based on the principle of absolute rationalization introduced by Max Weber into the scientific and technical era of industrialization in the late nineteenth and early twentieth centuries, sociologist Rodolphe Christin proposes a park-turned space, staged and modeled by the technosphere, where the tourist assumes the role of spectator-consumer, and the habitat the actor. Book Review. ISBN: 9788494789724.Ressenya de: Christin, Rodolphe (2018). Manual del Anti-turismo. València: Fuera de Rut
On the Distributional Consequences of Epidemics
No full textWe develop a tractable general theory for the study of the economic and demographic impact of epidemics, and notably its distributional consequences. To this end, we develop a three-period overlapping generations model where altruistic parents choose optimal health expenditures for their children and themselves. The survival probability of (junior) adults and children depends on such investments. Agents can be skilled or unskilled. The model emphasizes the role of orphans. Orphans are not only penalized in the face of death, they are also penalized in the access to education. Epidemics are modeled as one period exogenous shocks to the survival rates. We specifically study the consequence of a negative shock on adult survival rates in the first period. We prove that while the epidemic has no permanent effect on income distribution, it can perfectly alter it in the short and medium run. In particular, the epidemic may imply a worsening in the short and medium run of both economic performance and income distribution. Two opposite mechanisms are isolated: first, the survival rate of children at the end of the first period decreases relatively more in poor than in wealthy families. This decreases the proportion of junior adults with a low endowment of human capital in period 2. Secondly, the number of orphans in period 1 increases in both families. This decreases the proportion of junior adults with a low endowment of human capital in period 2. Therefore, the proportion of the unskilled will necessarily increase in the medium run if orphans are too penalized in the access to a high level of education.Epidemics, orphans, income distribution, endogenous survival, medium-term dynamics
The non-linear effects of life expectancy on economic growth
No full textThis paper shows that improvements in life expectancy (LE) had a non-linear effect on income per capita over the 1940–1980 period as this effect was conditional on each country’s initial level of LE. Whereas higher LE had an initial statistically significant negative impact on income per capita in countries with LE under 43 years in 1940, the opposite is true in countries with initial LE over 53 years
Market familiarity and the location of South and North MNEs
No full textWe use a systematic empirical analysis of the determinants of South-South (SS) and North-South (NS) foreign direct investment (FDI) as a canvas to explore how multinational enterprises’ (MNEs) location decisions are shaped by better acquaintance with a foreign market resulting from bilateral ties, experience of international expansion, and knowledge of how to deal with poor governance. We find that these various aspects of market familiarity, which can interact together, are important to explain and differentiate the location behaviors of South MNEs (S-MNEs) and North MNEs (N-MNEs) in developing countries
On the distributional consequences of epidemics
No full textWe develop a tractable general theory for the study of the economic and demographic impact of epidemics, and notably its distributional consequences. To this end, we develop a three-period overlapping generations model where altruistic parents choose optimal health expenditures for their children and themselves. The survival probability of (junior) adults and children depends on such investments. Agents can be skilled or unskilled. The model emphasizes the role of orphans. Orphans are not only penalized in the face of death, they are also penalized in the access to education. Epidemics are modeled as one period exogenous shocks to the survival rates. We specifically study the consequence of a negative shock on adult survival rates in the first period. We prove that while the epidemic has no permanent effect on income distribution, it can perfectly alter it in the short and medium run. In particular, the epidemic may imply a worsening in the short and medium run of both economic performance and income distribution. Two opposite mechanisms are isolated: first, the survival rate of children at the end of the first period decreases relatively more in poor than in wealthy families. This decreases the proportion of junior adults with a low endowment of human capital in period 2. Secondly, the number of orphans in period 1 increases in both families. This decreases the proportion of junior adults with a low endowment of human capital in period 2. Therefore, the proportion of the unskilled will necessarily increase in the medium run if orphans are too penalized in the access to a high level of education.Epidemics, orphans, income distribution, endogenous survival, medium-term dynamics
Does Public Governance always Matter? How Experience of Poor Institutional Quality Influences FDI to the South
No full textThis paper investigates whether the higher prevalence of South multinational enterprises (MNEs) in risky developing countries may be explained by the experience that they have acquired of poor institutional quality at home. We confirm the intuition provided by our analytical model by empirically showing that the positive impact of good public governance on foreign direct investment (FDI) in a given host country is moderated significantly, and even in some cases eliminated, when MNEs have been faced with poor institutional quality at home.South-South FDI, public governance, institutions
Economising, Strategising and the Vertical Boundaries of the Firm
No full textAcknowledgments: We are grateful to Celine Azemar, Ron Davies, Rodolphe Desbordes, Hartmut Egger, Holger Görg, Michael Moore, Ali Naghavi, Peter Neary, Pascalis RaimondosMøller, Ian Wooton and two anonymous referees for useful comments and suggestions. The usual disclaimer applies.Peer reviewe
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