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We examine the stock price reaction of rival firms to privatization announcements to infer information about industry effects of privatization. We find that the rival firms reacted negatively to privatization announcements, thus suggesting that the announcement effects reflect competitive...
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international production networks, on which growth in manufacturing has become increasingly dependent in the contemporary world … investment in manufacturing. It examines in particular the role played by logistics infrastructure and processes in the selection … by investors of particular locations for investment in manufacturing. The paper also lists out other shortcomings in the …
Persistent link: https://www.econbiz.de/10010404655
This paper describes experiences of international insertion of Argentine producers of manufactured goods not oriented to the mass market. Based on these experiences, we develop a typology of potential alternatives of international insertion for this type of goods centered on the role of local...
Persistent link: https://www.econbiz.de/10011303270
Understanding the drivers of international production fragmentation is an important issue for Latin American and Caribbean countries because participation in global production networks can help mitigate instability due to dependence on natural resources and can provide opportunities for further...
Persistent link: https://www.econbiz.de/10011303271
This study sheds light on how Costa Rica’s insertion in global value chains occurs by examining governance patterns, the type of activities involved, and the level of underlying innovation in the selected value chain. The paper describes in detail two case studies of electronic-related...
Persistent link: https://www.econbiz.de/10011303272
This study is an effort to identify the process by which firms venture into GVCs and the obstacles faced by firms once they have been immersed in it. We have focused on two particular GVCs: the aerospace GVC and the software and IT services GVC. Through the case studies, we analyzed the nature...
Persistent link: https://www.econbiz.de/10011303273
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This paper examines labour productivity convergence in manufacturing of the planned and market economies in the setting …
Persistent link: https://www.econbiz.de/10015138055