This paper considers aspects of the competitive selection process in China - firm entry, survival, and exit - in an important sector of manufacturing, looking in particular for changes resulting from the latest stage of reforms. Using industry survey data from a province in North-East China, we...

Comparing large samples of merger markets for NZ and the US, and controlling for case-mix differences within samples using single competition variables, Pickford (2012) found that the proportion of markets challenged was lower in NZ. We extend this analysis using discrete choice modelling to...

This paper benchmarks the patent activities of a sample of OECD countries against the world frontier and explores the sources of the cross-country differences in patenting (regarded as a proxy for innovation). A patent production frontier is estimated for a panel of 21 OECD countries over the...

Since the formation of the East Asian Summit (EAS) in 2005, Energy Market Integration (EMI) in East Asia has become one of the initiatives endorsed and actively promoted by EAS governments. Electricity market integration in East Asia is an important component of EMI. It is argued that an...

All around the world, electricity market reforms involve various forms of unbundling previously vertically integrated state-owned or privately owned electricity monopolies. New Zealand is the only country in the developed world that has implemented forced ownership unbundling of electricity...

This paper presents an empirical study of the channels of influence from uncertainty to fixed investment suggested by real options theory. Using panel data from the Confederation of British Industry (CBI) Industrial Trends Survey, we report OLS estimates of the impact of uncertainty on...

This paper presents an empirical study of the channels of influence from uncertainty to fixed investment suggested by real options theory. Using panel data from the Confederation of British Industry (CBI) Industrial Trends Survey, we report OLS estimates of the impact of uncertainty on...

This paper considers the contribution of voluntary consensus based standards, as developed through the British Standards Institution (BSI), to collective learning and productivity growth in Britain. It discusses the pivotal contribution of professional engineers to the establishment of a...

In this paper theoretical and empirical models of intra-industry trade are developed in which economic activities, based on measurement and an associated measurement infrastructure, play a role in creating product variety. The paper discusses how the measurement infrastructure which includes...