This paper analyses the expansion of China's clothing industry in world textile value chains. Using data from interviews and observations throughout factory visits in China and other countries we show how private Guangdong entrepreneurs started China's clothing manufacturing. Lacking experience...

Les firmes multinationales (FMN) sont amenées à mettre en place des systèmes de production flexibles (usine mondiale) afin de répondre aux nouvelles exigences des consommateurs. Cet objectif induit un éclatement des activités de la chaîne de valeur impliquant des relations intra- et...

Network neutrality has recently been the topic of an important debate, in both the telecommunication and political worlds, because of its potential impact in every-day life. While there has been many studies discussing the advantages and drawbacks of neutrality, there is no game-theoretical...

Thanks to its empirical success, the gravity approach is widely used to explain trade patterns between countries. In this article we question the simple application of this approach to product/sector-level trade on two grounds. First, we demonstrate that the traditional Armington version of...

Building on the existing literature, a synthetic approach intended to ease the understanding of the notion of inequality of opportunity is developed. In turn, this paper tests a convincing hypothesis explaining the mixed evidence found by empirical studies regarding the instrumental effect of...

Procuram-se detalhar as características principais do modelo de desenvolvimento da Espanha, após sua entrada na Comunidade Econômica Europeia (CEE) em 1986. As fragilidades intrínsecas ao modelo foram camufladas durante o período de euforia, quando baixas taxas de juros e fluxos de capitais...

Expected Shortfall (ES) has been widely accepted as a risk measure that is conceptually superior to Value-at-Risk (VaR). At the same time, however, it has been criticized for issues relating to backtesting. In particular, ES has been found not to be elicitable which means that backtesting for ES...

El turismo está experimentando fuertes transformaciones en las últimas décadas. Las posibilidades turísticas se están ampliando progresivamente y, junto a los destinos tradicionales, plenamente consolidados, se abren paso nuevas opciones de disfrute vacacional en las áreas rurales y...

This paper investigates the factors affecting the choice between joint ventures and non-equity alliances, when firms enter foreign markets. Using a database of Italian firms compiled by the authors with 879 observations, we test the possible effects of firm specific characteristics, host country...

Le droit des marchés publics a pour objet de garantir que les marchés publics sont attribués sans discrimination et en toute transparence afin d'éviter que les personnes publiques soient tentées de choisir leur cocontractant pour des raisons politiques (à l'image de choix faits au profit...