Do Inter-sectoral Linkages Matter for International Export Specialisation?

This paper basically adopts a ‘technology gap’ approach for explaining international export specialisation. Within this broad label there has been one tradition which has applied cumulativeness in technological change as an explanation, while another tradition has emphasised the role of inter-sectoral linkages (the so-called home market effect) in this context… Contents 1. Introduction 2. Theories …

Read moreDo Inter-sectoral Linkages Matter for International Export Specialisation?

Breakout from Bollywood? Internationalization of Indian Film Industry

This paper focuses upon emerging economies as production sites and emergent players on global consumer markets. Using novel and original data, the paper studies the Indian film cluster in Mumbai, Bollywood. It argues that as the world’s biggest commercial film cluster and a conspicuous growth phenomenon in an emerging economy context, Bollywood can be seen as …

Read moreBreakout from Bollywood? Internationalization of Indian Film Industry

To Lead or to Follow?: A case study of an internationalization process

This Bachelor thesis studies the internationalization strategy of a Finnish label stock company, UPM Raflatac, in China during the late 1990’s. The purpose of this descriptive study is to facilitate the understanding of companies’ internationalization processes. This was done by studying UPM Raflatac’s internationalization strategy’s connection to the internationalization theories of the Uppsala model and …

Read moreTo Lead or to Follow?: A case study of an internationalization process

International Diversification: An Extreme Value Approach

International diversification has costs and benefits, depending on the degree of asset dependence. In light of theoretical research linking diversification and dependence, we examine international diversification with two dependence measures: correlations and extreme dependence. We document several findings. First, dependence has generally increased over time. Second, there is evidence of asymmetric dependence or downside risk …

Read moreInternational Diversification: An Extreme Value Approach

International Trade and Product Variety – a firm level study

This paper adds to the knowledge of the relationship between international trade and product variety by analyzing the relationship between variety in export supply and exports at the firm-level. Using highly detailed firm-level export data in 2003, the paper finds clear empirical evidence for gains from variety in export supply at the level of individual …

Read moreInternational Trade and Product Variety – a firm level study

FDI and Exports: the case of the High Performing East Asian Economies

The paper investigates the flows of FDI and trade in eight high performing East Asian economies with a focus on the relationship between FDI and host country exports. The development and importance of FDI and trade for the region is described. The empirical part of the paper examines the relationship between FDI and host country …

Read moreFDI and Exports: the case of the High Performing East Asian Economies

Corporate Governance and the Home Bias

This paper shows that there is a close relation between corporate governance and the portfolios held by investors. Most firms in countries with poor investor protection are controlled by large shareholders, so that only a fraction of the shares issued by firms in these countries can be freely traded and held by portfolio investors. We …

Read moreCorporate Governance and the Home Bias

International Trade, International Trade Theory

International trade is the exchange of goods and services across international boundaries or territories. In most countries, it represents a significant share of GDP. While international trade has been present throughout much of history, its economic, social, and political importance has been on the rise in recent centuries. Industrialization, advanced transportation, globalization, multinational corporations, and …

Read moreInternational Trade, International Trade Theory

Comparative Advantage and International Trade

Comparative advantage exists when a country has a margin of superiority in the production of a good or service i.e. where the opportunity cost of production is lower. The basic theory of comparative advantage was developed by David Ricardo. Ricardo’s theory of comparative advantage was further developed by Heckscher, Ohlin and Samuelson. Format: HTML | …

Read moreComparative Advantage and International Trade

Dimensions of Success in International Business Negotiations

The success of international business relationships depends on effective business negotiations. Negotiators need to be well prepared. Understanding how to achieve international business negotiation outcomes and the factors relevant to the process will allow negotiators to be more successful. Based on theories of negotiation with a cultural focus, this study focuses on the dimensions of …

Read moreDimensions of Success in International Business Negotiations