While the contemporary literature on diversification from a resource perspective builds upon Penrose's (1959) idea of excess firm capabilities, the focus has been on the applicability of resources across domains. Making a clear analytical distinction between scale-free capabilities and those...

In the early 1990s, hoping to reduce chronic electricity shortages and enhance the efficiency of Chinese power plants, China opened its doors to foreign direct investment (FDI) in electricity generation. Using data from an original survey of US private investors, official Chinese statistics, and...

In the early 1990s, hoping to reduce chronic electricity shortages and enhance the efficiency of Chinese power plants, China opened its doors to foreign direct investment (FDI) in electricity generation. Using data from an original survey of US private investors, official Chinese statistics, and...

The authors use the World Bank's Living Standards Measurement Study (LSMS) surveys from 15 countries (covering more than 55,500 households) to examine the relationship between infrastructure coverage and household income. The results show that throughout the world all income groups have much...

This paper presents a case study of willingness-to-pay (WTP) estimation using random valuation models. A contingent valuation survey was conducted in Yerevan, Armenia to estimate people's WTP for the protection of Lake Sevan. Three elicitation formats-open-ended, closed-ended, and the stochastic...

This paper presents a global perspective on infrastructure coverage and the poor that many people will think they have seen before but they have not. In this paper they introduce a new data source for infrastructure statistics, the World Bank's Living Standards Measurement Study (LSMS)....

The development of Public Administration (PA) as a field of study in China has been tremendous over the last three decades. This paper provides an overview of PA research in China from a sample of 2,877 articles published in six top PA journals in mainland China and Taiwan between 1998 and 2008....