Toward an Eclectic Theory of International Production: Some Empirical Tests

The Eclectic Paradigm of International Production : a Restatement and Some Possible Extensions

This article reviews some of the criticisms directed towards the eclectic paradigm of international production over the past decade, and restates its main tenets. The second part of the article considers a number of possible extensions of the paradigm and concludes by asserting that it remains "a robust general framework for explaining and analysing not only the economic rationale of economic p...

Toward an Identity Theory of International Organizations

Toward an Evolutionary Theory of Production

Since the time of Adam Smith, Francois Quesnay and David Ricardo, economists have sought to ground their theoretical analyses of economic organization in an appreciation of the nature of real production activity. Any such an effort must balance two competing concerns. On the one hand, the obviously fundamental role of productive activity in economic life seems to demand a highly accurate apprai...

An Empirical Analysis of China’s International Reserves Demand Function

The study aims to estimate an international reserves demand model for China using economic growth, propensity to import, real effective exchange rate and trade openness variables for quarterly period spanning from 1985Q1 to 2014Q4.The bounds testing technique to cointegration is used to test for a long run relationship, while the autoregressive distributed lag approach is used to estimate short...

Toward an Automatically Generated Theory of Coordination - Empirical Explorations

We define the role and mechanisms of coordination in Intelligent Agent Societies (IASs). We then outline our approach and the underlying design principles aimed at the automatic generation of a theory of coordination. Such theory would assist in designing new IASs and provide trouble-shooting tools for suboptimally functioning IASs. We also describe in this paper the decisions that have been ma...