1,721,012 research outputs found
The shrinking middle
Guy Michaels and colleagues show how new technologies are polarising the labour market, with the middle-skilled losing out mostproductivity, technology
Challenges for research on resource-rich economies‖ [Online] Available: http://www.lse.ac.uk/collections/LSEKP/documents/Michaels.pdf [10
Number 8 The Kuwait Programme on Development, Governance and Globalisation in the Gulf States is a ten-year multidisciplinary global programme. It focuses on topics such as globalisation, economic development, diversification of and challenges facing resource rich economies, trade relations between the Gulf States and major trading partners, energy trading, security and migration. The Programme primarily studies the six states that comprise the Gulf Cooperation Council -Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. However, it also adopts a more flexible and broader conception when the interests of research require that key regional and international actors, such as Yemen, Iraq, Iran, as well as its interconnections with Russia, China and India, be considered. The Programme is hosted in LSE's interdisciplinary Centre for the Study of Global Governance, and led by Professor David Held, codirector of the Centre. It supports post-doctoral researchers and PhD students, develops academic networks between LSE and Gulf institutions, and hosts a regular Gulf seminar series at the LSE, as well as major biennial conferences in Kuwait and London. Challenges for Research on Resource-Rich Economies GUY MICHAELS * Abstract The scope for economic research on resource-rich countries has widened considerably over the past two decades. While examination of market-based channels mechanisms (such as spending effects and exchange-rate appreciation) and resource price volatility are still important, other issues are coming to the forefront. These include the risk of depletion or technological changes that may reduce demand for natural resources or production factors, issues related to migration and inequality, and concerns regarding the use or misuse of revenues from natural resources and power struggles over them. Concerns about the effects of resource-abundance also extend beyond national borders, covering such diverse topics as conflicts over the control of resources and their possible contribution to climate change. I argue that progress in understanding these issues is constrained by the shortcomings of cross-country analysis as a way to model counterfactual scenarios and by the paucity of good data. The paper outlines specific gaps in the literature, pointing the way for future research on resource-rich economies in general and on the Gulf states in particular
Protection for Sale Made Easy
Formal analysis of the political economy of trade policy was substantially redirected by the appearance of Gene Grossman and Elhanan Helpman's 1994 paper, "Protection for Sale". Before that article a fairly wide range of approaches were favoured by various authors on various issues, but afterwards, the vast majority of theoretical tracts on endogenous trade policy have used the Protection for Sale framework (PFS for short) as their main vehicle. The reason, of course, is that the framework is both respectable - because its microfoundations are distinctly firmer than were those of the earlier lobbying approaches - and it is very easy to work with. Despite the popularity of the PFS framework, it appears that no one has presented a simple diagram that illustrates how the PFS frameworks and explains why it is so easy. This short note aims to remedy that ommission.protection for sale, endogenous protection
The Beveridge Curve
The Beveridge curve depicts a negative relationship between unemployed workers and job vacancies, a robust finding across countries. The position of the economy on the curve gives an idea as to the state of the labour market. The modern underlying theory is the search and matching model, with workers and firms engaging in costly search leading to random matching. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows from it, generated by matching.business cycle, job search, matching function, Phillips curve, unemployment, vacancies, wage inflation
New Approaches to Measuring Management and Firm Organization
We detail the methodology that we have been using to quantify managerial and organizational practices across firms and countries in recent years. This has been used in many pieces of research at the Centre for Economic Performance. We discuss the pros and cons of such survey tools, describing how our methods lie between the traditional surveys used by economists and the case studies more common in other parts of social science.surveys, data, organization, management
Measuring Organization Capital in Japan: An Empirical Assessment Using Firm-Level Data
Globalization and the ICT revolution of the 1990s have forced many firms to reorganize in order to survive in a more competitive market. There are several approaches that can be used to assess the measurement of organization capital since it is unobservable. Using an optimizing firm model and assuming that a firm holds multiple assets as suggested by Yang and Brynjolfsson (2001) and Cummins (2005), we examined whether organization capital is accumulated with investment in several types of assets. In contrast to Cummins's (2005) results, we found that the accumulation of organization capital is associated with investment in R&D assets and marketing assets. Using these results and following Basu, Fernald, Oulton, and Srinivasan (2003), we measured the contribution of organization capital to the conventional TFP growth. The estimation results implied that the growth of organization capital did not have significant effects on productivity growth.adjustment cost of investment, intangible asset, organizational capital, Tobins q, total factor productivity.
Going Beyond Counting First Authors in Author Co-citation Analysis
The present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Assimilation in Multilingual Cities
Using the Public Use Microdata Files of the 2001 and 2006 Canadian Censuses, we study the determinants of the assimilation of language minorities into the city majority language. We show that official minority members (i.e. francophones in English-speaking cities and anglophones in French-speaking cities) assimilate less than the "allophones" (the individuals with a mother tongue other than English or French), and that immigrants generally assimilate less than natives. In addition, the language composition of cities is shown to be an important determinant of assimilation both for allophones and for official minorities. Finally, we show that assimilation into French in French-majority cities is lower than assimilation into English in English-majority cities even when controlling for the language composition of the cities and including a rich set of language dummmies.immigration, assimilation, language policies, minorities
Variations on the Author
“Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
- …
