Motivation -Industrial firms survive, sustain and co-evolve by participating in the sector of innovation and production through industrial transactions with each other. However, it is difficult for specialized firms to be aware of and manage accordingly the kind of systemic constraints and opportunities induced by relevant but indirect transactions, as well as the technological and economic req...

In the years of independence, the oil industry played great role in the economic development of the Republic of Azerbaijan. The state budget has been enlarged significantly at the expense of revenues gained due to rapid development of oil sector. The development of oil industry has created great potential for non-oil sector and economic development in the country's regions. Since 2003, a number...

Gender Gaps across Countries and Skills: Supply, Demand and the Industry Structure The gender wage gap varies widely across countries and across skill groups within countries. Interestingly, there is a positive cross-country correlation between the unskilled-to-skilled gender wage gap and the corresponding gap in hours worked. Based on a canonical supply and demand framework, this positive corr...

This study provides a systematic analysis of the VIP-room contractual system of Macau’s traditional casino industry. It examines the system’s historical background, its organizational structure, its operational mechanisms, and its role in Macau’s casino industry. This analysis examines the evolving and likely future changes in the VIP-room sector—as well as the mass market sector—caused by the ...

We also gratefully acknowledge the advise and assistance of Juan Alcacer, Dasapich Thongnopnua and Le Truong. Micropatent provided the data on patenting and their forward, backward citations in highly readable format. ABSTRACT The paper presents a preliminary framework of industry evolution taking the photographic sector as a case for documenting the role of firms in shaping the trajectory away...

Competition in the Þnancial sector is more complex than in the rest of the economy. On the one hand, concentration in the banking industry reduces (static) efficiency as it does in any industry. On the other hand, concentration may also affect the stability of the banking industry in ways that have no counterpart in other industries. In this paper we consider a variety of models of competition ...

The Air Resources Board (ARB) has the primary responsibility for reducing greenhouse gas (GHG) emissions in California under the Global Warming Solutions Act of 2006 (AB 32). The overall mandate is to achieve 1990 GHG emission levels by 2020. In our efforts to reduce GHG emissions mandated by AB 32, ARB staff is currently working on multiple sector-specific GHG activities. The glass manufacturi...

Indian telecom services industry has been witnessing a stupendous growth since 1990s. Over the years, subscriber base has grown steadily and it crossed 950 million marks in March 2012. India with second largest subscriber base also offers one of the lowest call tariffs in the world. But in the euphoria of high growth in services, the equipment manufacturing received least priority. India mainly...