Critical values for a test for cointegration are generated based on the joint significance of the levels terms in an error-correction equation. It is shown that the appropriate critical values are higher than those derived from the standard F-distribution. The power properties of this test are...

Chapter 1- What is management; what do managers do? -- Chapter 2- Management during the First Industrial Revolution -- Chapter 3- Management during the Second Industrial Revolution -- Chapter 4 – Management During the Third Industrial Revolution -- Chapter 5- The Fourth Industrial Revolution...

The theoretical analysis of investment under uncertainty has been revolutionized over the last decade by the importation of ideas from finance. If investment is irreversible, there is a return to waiting. So although circumstances may suggest that it is profitable to invest, there may also be an...