this paper analyses the impact of sanctions against iran in addition to other country-specific determinants on intra-industry trade between iran and shanghai cooperation organization (sco) countries over the period 1997-2013. by disentangling total intra-industry trade (iit) into horizontal and vertical iit and after investigating bilateral trade pattern between iran and sco countries, determin...

Does the Hazard Rate for New Plants vary between Lowand High-Tech Industries?* Based on a longitudinal data base the hazard rate of over 12,000 newly established plants in U.S. manufacturing industry in 1976 are estimated and then compared between low and high-tech industries. It is found that the hazard rate differs across industries, and it also varies between lowand hightech industries. The ...

The pace of business dynamism as measured by indicators such as job reallocation has declined in the U.S. in recent decades, but this decline has not been monotonic for all sectors. For the High Tech sector, business dynamism as measured by the pace of job reallocation rose through the 1990s but then declined sharply in the post-2000 period. This is in contrast with the Retail Trade sector, whi...

Industries are economically linked through customer-supplier trade flows. We show theoretically and empirically that industry shocks propagating along this inter-sectoral trade network can feed back to the originating industry, causing an “echo” – intermediate-term autocorrelation in returns. Adopting techniques from graph theory, we find that the strength of the trade network feedback is a cru...

Dividend enhanced convertible stocks (DECS) represent redeemable convertible preferred stocks mandated to convert in four years. DECS are designed to meet the needs of incomeoriented investors, who give up some upside capital appreciation potential over four years in exchange for enhanced preferred dividends. A simple contingent claims pricing model for the valuation of DECS is presented in thi...

This paper shows that government anti-smoking campaign can benefit the government in the political bargaining with the tobacco industry by reducing the latter's alternative welfare. Although the equilibrium regulation on the tobacco industry increases as a result of government anti-smoking campaign, the political contribution from the tobacco industry will not necessarily go down. Anti-smoking ...

Purpose – Research investigating the role of factors affecting open innovation remains scarce. The purpose of this paper is to examine the role of managerial ties in facilitating the two types of open innovation – in-bound and out-bound. Design/methodology/approach – Data are collected using the questionnaire survey method from 339 middle and top managers working in four high-tech industries in...

OBJECTIVES In light of the increasing number of high-tech industry workers and the differences in their working conditions compared to those of the general population, the health status of these workers merits serious attention. This study aimed to explore the prevalence of metabolic syndrome and its correlates among Taiwanese high-tech industry workers. METHODS This cross-sectional study inc...