The aim of this paper is to investigate the relationship between Equity Market Value (EMV) and measures of creation value of the performance evaluation (Shareholder Value Added (SVA) and Created Shareholder Value (CSV)) in Tehran Stock Exchange. Thus this paper examined the creation value in Iranian Companies by Alfred Rappaport model and to assess the relationship, liner regression tests w...

This study documents the presence of local protectionism and quantifies its impacts on market competition social welfare in context China’s automobile market. A salient feature auto is that vehicle models by joint ventures state-owned enterprises command much higher shares their headquarter provinces than at national level. Through county border analysis, falsification tests, a consumer survey,...

The automobile industry is one of the leading commercial markets around world. In this enormous market, countries, companies, and manufacturers compete boldly to increase their international market shares. great competition, there are centuries old giant companies such as Mercedes, BMW, Volkswagen, Opel, well new brands Tesla, Renovo, Tritonev. Turkey significant where these competing fiercely....

Complex systems are composed of several plain interacting independent entities. Interaction between these entities creates a unified behavior at the global level that cannot be predicted by examining the behavior of any single individual component of the system. In this paper we consider a welded frame of an automobile trailer as a real example of Complex Technical Systems, The purpose of this ...

This paper examines the effects of increased intra-industry trade on the labour market adjustment costs in Portugal’s automobile industry. Using a static and dynamic panel data approach, the results show a negative correlation between changes of employment and marginal intra-industry trade. These results confirm the smooth adjustment hypothesis, as well as suggesting that the multinational comp...

Abstract: As a result of successful domestic economic reforms combined with a fast-developing international market that is willing to purchase its labor-intense products, China’s economy has grown approximately 10% per year over the past 28 years and the GDP per person has grown up to 10561RMB in 2004. This remarkable development has made China the second largest beneficiary of direct foreign i...

One of macroeconomists’ major concerns is GDP volatility, and understanding what causes this volatility is essential when attempting to reduce it. For decades, the automotive industry has been a major component of US GDP. Therefore, understanding the driving forces behind this industry indirectly contributes to the study of GDP volatility. This paper focuses on CAFE standards and how they chang...