We offer a model that sheds light on the debate over whether corporate ownership concentration converges to the Berle-Means image. Our model takes into account the importance of both legal rules and firm-specific arrangements. Our analytical result is that share ownership concentration either...

Supercritical reactive extraction for Jatropha curcas L. seed was demonstrated to be a viable process for biodiesel production process with high yield and the elimination of separate extraction step. However, because the solid seeds were reacted directly and susceptible to impurities...

In a bid to increase the cost competitiveness of biodiesel production against mineral diesel, process intensification has been studied for numerous biodiesel processing technologies. Subsequently, reactive extraction or in situ transesterification is actively being explored in which the solid...

Studies of the linkage between exports and profitability often use mean regression approaches and focus only on European countries. Using a panel data quantile regression approach, this study analyses the linkage between export behaviour and profit growth in Vietnam. Using a panel dataset from...

Colander (2000) suggests that students often fail to recognise the passion and excitement of economics because of the way that we teach economic stories. In his view, using formal models at the principles level to analyse macro stories makes the stories boring. We suggest that some models,...

Economics for Policy: Expanding the Boundaries. Essays by Peter Gorringe. Edited by Arthur Grimes, Alan Jones, Roger Procter and Grant Scobie, Wellington, Institute of Policy Studies, 2001 265pp, ISBN: 0-908935-53-6

Taking New Zealand Seriously: the Economics of Decency, by Tim Hazledine, Harper-Collins (Auckland) 1998, 237pp. ISBN 1 86950 283 3 The Role Of Government In East Asian Economic Development, Masahiko Aoki, Hyung-Ki Kim and Masahiro Okuno-Fujiwara (eds) (Clarendon Press, Oxford, 1997), 448pp....

Modern transportation nowadays has evolved into an important economic activity for human civilisation. Even though various alternative energy solutions have been put forward to reduce the dependency on fossil fuels, biofuels remain one of the few options which are capable of replacing the roles...

Energy supply and its security issues have been the topic of interest lately. With growing environmental awareness about the negative implications brought by excessive usage of fossil fuels, the race for finding alternative energy as their substitutions is getting heated up. For now, renewable...