Relative used capital price, the measure of irreversibility, is fixed in almost all the investment literature. This dissertation introduces investment models with state-dependent irreversibility and tests whether these models outperform fixed irreversibility cases, at both the macro and micro...

This paper presents a comparative study of the New Product Development (NPD) environment and practices between American and British firms. Our analysis is based on an in-depth survey of 63 British and 37 American firms. The selected firms represent key industrial sectors of computer,...

This paper is concerned with e-mall business models. The investigation defines what constitutes an e-mall, the different types of implementations, and surveys a number of established e-malls. The study looks at e-malls through the eyes of a buyer and seller and describes the different types of...

Abstract: A driving force behind the emergence of the ‘new’ or information economy is the growth of the internet network capacity. A fundamental problem in mapping this dynamic is the lack of an acceptable theoretical framework through which to direct empirical investigations. Most of the...

This paper develops a microeconomic model-based approach to forecast national information and communications technology expenditure that is helpful when only very short time-series are available. The model specification incorporates parameters for network effects and national e-readiness....

The purpose of this paper is to describe business-to-business (B2B) communication and the characteristics of an open standard for electronic communication within the Australian timber and wood products industry. Current issues, future goals and strategies for using business-to-business...

This paper explores the issues surrounding the e-readiness of the Australian timber and wood products industry. A business organisation's e-readiness is a measure of its e-business environment, and a collection of factors that indicate how amenable a business is to information communications and...

Recent empirical work has shown that the success of an economy depends largely on how successful it is in allocating inputs and outputs across businesses efficiently with minimum disruption and frictions. Reallocation of factors of production plays a major role in productivity growth and it is...

This thesis is comprised of three chapters. The first chapter (joint with John Haltiwanger, Julia Lane, and Kevin McKinney) explores a new way of capturing dynamics: following clusters of workers as they move across administrative entities. Information on firm dynamics is critical to...

This thesis is about the process of employment adjustment. It studies adjustment costs and their impact on employment and labor demand. It starts by describing key characteristics of India's labor market; documents legal, economic, and social framework; investigates the impact and finds...