This paper investigates how stock prices respond to the release of the environmental management ranking by using a standard event study methodology. Examining top 30 manufacturing companies in the environmental management ranking published by Nihon Keizai Shimbun (Nikkei newspaper) from 1998 to...

The theory predicts that spinoffs of successful parents are more successful than others. The success of the parents can be measured in two ways, either in terms of their survival duration or concerning their innovative activity. In this paper, the survival chances of spinoffs in the German...

We use survey data to investigate the determinants of chemical firms' registration for the ISO 14001 standard or the Responsible Care program. We show that most determinants are different for the two systems analyzed: while firm size, previous experience with similar standards, information...

This study explores the impacts of Chinese motorcycle emergence on local environment in Vietnam and existing motorcycle makers, particularly Honda. Grounded upon the framework of diamond of competitive advantage, the study finds that Chinese penetration in Vietnam has d more opportunities Honda...

Abstract: This study seeks to measure and analyze econometrically the performance of energy intensive industries in India in view of economic capacity utilization and total factor productivity growth as well as partial factor productivity growth at aggregate level from 1979-80 to 2003-04.The...

The paper examines the differential exercise of market power over the business cycle in the context of selected sectors in the Canadian manufacturing industry during the 1992-1/2007-4 period. In particular, empirical implications of non-collusive models previously explored by Wilson and Reynolds...

Export is dominated by enterprises that trade more than one good with customers in more than one destination country. Germany, one of the leading actors on the world market for goods, is a case in point. Theoretical models of multiple-product, multiple-destination exporters that can guide...

Feenstra and Ma (2008) develop a monopolistic competition model where firms choose their optimal product scope by balancing the profits from a new variety against the costs of “cannibalizing” sales of existing varieties. While more productive firms always have a higher market share, there is...

A stylized fact from the emerging literature on the micro-econometrics of international trade and a central implication of the heterogeneous firm models from the new new trade theory is that exporters are more productive than non-exporters. It is argued that this exporter-productivity premium is...

This paper presents the first empirical test with German firm level data of a hypothesis derived by Bustos (AER 2011) in a model that explains the decision of heterogeneous firms to export and to engage in R&D. Using a non-parametric test for first order stochastic dominance it is shown that, in...