The problem: A new type of steel is known as Twining Induced Plasticity Steel, more commonly known as TWIP Steel. There is a general interest in using this type of steel in the automotive industry due to its unique material properties such as super toughness and super ductility, although its chemical properties also play a vital role. It has a high content of Mn (more than 25%) and about 3% Si ...

Most previous studies examining M&As (mergers and acquisitions) have focused on the post-merger integration process. While there been that partially investigated importance of deal completion, we argue firms could learn to increase their completions by leveraging experience from prior successful acquisitions cumulative success reduce completion time; is, time announcement its resolution. To...

The present study has objectively investigated and reviewed 164 managers, employees and workers of Tuka Steel Investment Holding Company (TSIH Co.) as one of the most successful companies in Iran's steel industry. The Survey approach has been adopted to serve the following purposes of this study: a) to define the prevailing organizational culture in steel industry; and b) To review alignment do...

This paper studies the impact of vehicle quota system on the market structure of Singapore s car distributorship industry. Using recently available data, we analyzed the populations and new registrations of different brands of passenger car and motorcycle. We found an increase in market concentration in the car distributorship industry, as the market shares of the top distributors have increase...

This paper focuses on a single simple stylized fact which stands out from the post-war history of the US Car industry, namely that industry concentration fell just at the same time as industry advertising expenditures rose sharply. Since both events were almost certainly caused by the entry and market penetration of (largely) foreign owned car producers, this stylized fact raises interesting qu...

Using a simple two-firm, two-period model, we analyze for a developing economy the process of entrepreneurial entry, that is, entry by new firms into an industry that did not previously exist in that country, focusing on the choice between formal and informal status. Thus we explore issues such as how informality may enable an entrepreneur to test the profitability of an industry without incurr...

INTRA-INDUSTRY TRADE AS AN INDICATOR OF LABOR MARKET ADJUSTMENT A growing body of recent empirical research uses measures of change in intra-industry trade as indicators of labor market adjustment. In this paper, we argue that the theoretical foundations for this work are problematic. To make this argument we develop a simple model with both interand intra-industry trade and adjustment. We defi...

In this study we analyze the evolution of operating cost inefficiency for the English and Welsh water industry over the period 1995-2001 by estimating an heteroskedastic stochastic variable cost frontier. The main aim of this paper is to provide an overall picture of the industry cost inefficiency, as we consider both the water and sewerage companies and the smaller water only companies. The ma...

We estimate a model with countryand industry-specific shocks that extends the dummy variable model used in the portfolio diversification literature by relaxing the restriction that all stocks with exposure to a given shock have the same exposure to that shock. We find that: i) This restriction is strongly rejected by the data. ii) Many industry betas are negative, while almost all country betas...

111 We present a computable general equilibrium model of the interface between the Great Salt Lake (GSL) ecosystem and the regional economy that impacts the ecosystem. With respect to the ecosystem, the model treats the various representative species as net-energy maximizers and bases population dynamics on the period-by-period sizes of surplus net energy. Energy markets-where predators and pre...