scholarly journals The Long-Term Effects of Management and Technology Transfers

2019 ◽  
Vol 109 (1) ◽  
pp. 121-152 ◽  
Author(s):  
Michela Giorcelli

This paper examines the long-run causal effects of management on firm performance. Under the United States Technical Assistance and Productivity Program (1952–1958), the United States organized management training trips for Italian managers to US firms and granted technologically advanced machines to Italian companies. I exploit an unexpected budget cut that reduced the number of participating firms and find that, compared to businesses excluded by the budget cut: performance of Italian firms that sent their managers to the United States increased for at least fifteen years after the program; performance of companies that received new machines increased, but flattened out over time; management and new machines were complementary. (JEL F23, L25, M16, M54, N34, N64, O33)

2020 ◽  
Author(s):  
Joseph Matthews ◽  
Madhu Pandey

Propeller planes and small engine aircraft around the United States, legally utilize leaded aviation gasoline. The purpose of this experiment was to collect suspended particulate matter from a university campus, directly below an airport’s arriving flight path’s descent line, and to analyze lead content suspended in the air. Two collection sets of three separate samples were collected on six separate days, one set in July of 2018 and the second set in January 2019.


1984 ◽  
Vol 15 (4) ◽  
pp. 229-231
Author(s):  
N. Bhana

Acquiring companies prefer growth through acquisitions and mergers rather than growth by direct investment in manufacturing resources. A justification for the large number of take-overs is the belief that abnormal gains are to be obtained so. There is substantial empirical evidence showing this untrue. Take-overs contribute immediate short-term gains, and are preferred to internal expansion where the benefits accrue over the long-term. Managers are usually evaluated on short-term performance criteria and therefore they have a bias for take-overs. Several investigators have studied the decline of the United States economy and the corresponding rise of Japan as industrial leader. The unrestrained take-over activity has been the chief reason for the decline of many industries in the United States. Acquiring companies have contributed to their own downfall by not investing sufficiently in up-to-date manufacturing resources. Take-overs lead to economic decline caused by lower productivity of acquired resources. South African companies are showing a strong preference for growth through take-overs. With the take-over process many local industries have come under the control of a few large conglomerates. South African acquiring companies could benefit by following the Japanese example of direct investments in technologically up-to-date manufacturing resources. More direct investment in manufacturing resources will lead to a more vigorous free-enterprise system and will raise the productivity of local industries. A more stringent Competition Act is necessary if South Africa is to avoid the harm to the economy caused by unrestrained take-over activity.


2009 ◽  
Vol 99 (9) ◽  
pp. 1626-1631 ◽  
Author(s):  
Lee S. Friedman ◽  
Donald Hedeker ◽  
Elihu D. Richter

2019 ◽  
Vol 2(13)/2019 (2(13)/2019) ◽  
pp. 37-44
Author(s):  
Adam KUŹ

The purpose of the paper is to answer the question: what is the main reason why the Central and Eastern Europe countries did not enter into fruitful and long-term cooperation both in the interwar period and after the collapse of the Soviet Union despite a far-reaching commonality of interests? Conflicts between these countries are not decisive factors in their lack of integration. The degree of integration is proportional to the degree of involvement in Central and Eastern Europe of powers that could act as an external hegemony. In the interwar period, the United States, England and France, and after 1989, the United States had the right potential to undertake such a task in its interest. None of them, however, took up such a role in the long run. Attempts to integrate the countries of Central and Eastern Europe to date, starting from the Versailles conference, indicate that the American protectorate is a necessary factor for implementing closer forms of cooperation between these countries.


2020 ◽  
Vol 96 (5) ◽  
pp. 1253-1279
Author(s):  
Simon Reich ◽  
Peter Dombrowski

Abstract Deliberations over the COVID-19 pandemic's long-term effects on the global balance of power have spurred a large and rancorous debate, including speculation about a shift in the definition of national security and prescriptions about where it should focus. That argument will no doubt continue. But we argue that one consequence is already evident: the United States has spent the last seventy years portraying itself as a security provider in all key domains—for many an intrinsic component of its status as a global leader. One reasonable broad conclusion from the US struggle with COVID-19 is that it has further forfeited its broad leadership position on the basis of its behaviour. Yet that, although possibly true, would only portray one element of the story. The more profound insight exposed by COVID-19 is of a new reality: in a world where both naturogenic and anthropogenic threats pose immense national security challenges, decades of mistaken assumptions and policy choices have created a new environment, one where the United States has been redefined as a security consumer, at least in terms of international public health issues associated with the spread of deadly infectious diseases.


PLoS ONE ◽  
2021 ◽  
Vol 16 (1) ◽  
pp. e0243362
Author(s):  
Ajay Sharma ◽  
Santosh K. Ojha ◽  
Luben D. Dimov ◽  
Jason G. Vogel ◽  
Jarek Nowak

Threats posed by windstorms are an increasing concern to forest managers in the southern United States (US). Studies suggest that the southern US will experience an increase in the occurrence as well as the intensity of windstorms, such as hurricanes, in the future. However, forest managers may have difficulty preparing for this future because there is limited understanding of how windstorms affect the structure and composition of forests over the long term. In this study, we evaluated the impacts of Hurricane Ivan, which made landfall in September 2004 near Gulf Shore, Alabama, impacting forests in the western Florida Panhandle and southwestern Alabama. We acquired the United States Department of Agriculture Forest Inventory and Analysis (FIA) plot data available for the period from 2002 to 2018 for the Ivan-affected area and classified the plots into 4 categories: (1). ND (No Disturbance), (2). NDBH (No Disturbance but Harvested), (3). ID (Disturbance caused by Hurricane Ivan), and (4). IDAH (Disturbance caused by Hurricane Ivan and Harvested). The plots that were damaged by Hurricane Ivan (ID and IDAH plots) had significantly (α = 0.05) (1) higher basal area, (2) higher quadratic mean diameter and height, (3) more diverse tree species composition (species richness and Shannon diversity index), (4) denser stocking of seedling and saplings, (5) lower proportion of dead trees or saplings, and (6) higher live aboveground biomass than the plots that were not damaged by the hurricane (ND and NDBH plots). Diverse stands were not necessarily more windstorm resistant. Species diversity in the overstory may not improve forest resistance to hurricane damage but may improve its resilience following the hurricane. The study suggests that managing stand structure through density management and stand improvement could be critical to windstorm resilience and resistance in the southern US forests.


Sign in / Sign up

Export Citation Format

Share Document