Heterogeneous Sectors Research Articles

Authority and responsibilities of an alliance manager: sustainability alliance case studies between corporate and heterogeneous sectors

In a world undergoing rapid change, the effective use of strategic alliances is important for a company to gain a competitive advantage. While previous research has mentioned the importance of understanding the authority and responsibilities of a successful alliance manager, few studies have investigated this topic using systematically gathered real-world data. This study aims to determine the kind of authority and responsibilities an alliance manager has in successful sustainability alliance projects. These generally require cooperation with players in heterogeneous sectors. An analytical framework was developed to examine sustainability alliance cases. Findings reveal that alliance managers at companies with excellent sustainability performance operate in an environment in which psychological safety is ensured. This enables them to autonomously develop emergent activities inside and outside the organization and have greater influence over alliance projects than the authority granted to them. This study suggests that it is essential for an organization to have a management philosophy based on sustainability as a standard for making value judgments. The communication of this philosophy contributes to the psychological safety of staff and thus their initiative taking in boundary spanning.

Strategic insights: mapping the terrain of artificial intelligence (AI) in banking through mixed method approach

Purpose The purpose of this paper is to supplement and update previously published articles about artificial intelligence (AI) instruments and operations in banking sectors with the following objectives in mind: to understand the role of AI in banking sectors; to explore the themes and context in this area based on keywords, co-citations and co-words; and to identify future research direction by evaluating the trend and direction of previous research. Design/methodology/approach This study adopts a semi-inductive approach with the convolution of bibliometrics and literature review. This study used bibliometrics for the identification of literature across multiple databases and systematic literature review on identified articles to explore heterogeneous sectors within AI in banking and finance. Findings This study contributes a literature-based model that accounts for both the broadly in AI application in banking and finance: predictive modeling in risk assessment and detection; financial decision-making; client service delivery; and emerging FinTech applications of AI and machine learning. Originality/value This study is among the few to address the literature of tools and application of AI in banking through mixed-methods approach and produce a synthesized model for the same.

Job Creation and Job Destruction in Indian Manufacturing

The reallocation of jobs is crucial in determining the movement of workers, the unemployment rate, the wage dynamics, the life cycle of firms and industries and the aggregate productivity growth. This article analyses job reallocation in terms of simultaneous establishment-level job creation and job destruction in Indian organised manufacturing. The study employs longitudinal data from the Annual Survey of Industries (ASI) from 2004–2005 to 2014–2015 and the methodology stated in Davis and Haltiwanger (1992) to analyse job reallocation. During the expansionary periods, job creation and job destruction were rising, while during the contractionary period from 2008 to 2009 onwards, job creation declined, whereas job destruction was constant. The reallocations of jobs varied substantially across the narrow heterogeneous sectors defined by observable plant characteristics. The rate of these simultaneous job creation and destruction processes is high for many establishments and accounts for a significant portion of worker reallocation. However, the consistency of these newly created and destroyed jobs is low. Theories like ‘passive learning’ and ‘between-sector employment shifts’ partially explain this phenomenon of high job reallocation. The study provides useful policy insights to improve manufacturing employment during the process of frequent job creation and destruction, especially in a developing economy. JEL Codes: J01, J23, J21, J40, F63

Bias in candidate sourcing communication: Investigating stereotypical gender- and age-related frames in online job advertisements at the sectoral level

Job advertisements hold a wealth of knowledge for the public relations field about complex internal and external organizational dynamics. They reflect enduring social and sectoral cultural proclivities and associated stereotypes about workers. We examine the presence of stereotypical frames in job advertisements from sectors with varying gender and age social group composition. Guided by social categorization framing and the stereotype content model, we operationalize stereotypical warmth- and competence-related frames in candidate sourcing communication. Automated content analysis was conducted on a dataset of online job ad sentences (n = 308,583) from 16,135 job ads. Results indicate warmth-related frames are most observed in ads from female-dominated (vs. male-dominated) sectors and younger-dominated (vs. older-dominated and mixed-age) sectors. Conversely, competence-related frames are most observed in ads from male-dominated (vs. female-dominated and mixed-age) sectors and older-dominated (vs. younger-dominated and mixed-age) sectors. We additionally find candidate gender stereotypes may supersede age stereotypes in hiring contexts. Implications are discussed in light of socialization and structuralist forces and their influence on organizational communication in homogeneous and heterogeneous sectors.

Strategic trade policy in general oligopolistic equilibrium: The case of import tariffs

In a two-country model of general oligopolistic equilibrium with technologically heterogeneous sectors, I study how, in a home-market scenario, a unilateral rise in uniform cross-sector import tariffs affects wages, countrywide profits, and welfare. Firms face resource constraints and wages are simultaneously determined. Economy-wide protectionism reduces the foreign wage without affecting the domestic one. Domestic countrywide profits benefit from a small rise in uniform tariffs, whereas the foreign counterpart is damaged. Domestic welfare is unambiguously hindered. Hence, the general-equilibrium cross-sector perspective goes against the textbook version theory of the optimal tariff in partial equilibrium. Rationalization of these effects suggests a political-economy view on tariff formation in general equilibrium. Then I extend the model to segmented markets, considering uniform specific and ad valorem tariffs for bilateral and unilateral trade policies.

РАЗВИТИЕ ИНДУСТРИАЛЬНЫХ РЕГИОНОВ: ДИФФЕРЕНЦИАЦИЯ ТЕХНОЛОГИЧНОСТИ И ИННОВАЦИОННОСТИ В УСЛОВИЯХ ВНЕШНЕЭКОНОМИЧЕСКОЙ НЕСТАБИЛЬНОСТИ

The development of regional industry, structural changes, industry diversification, and the transition to a new industrial level in modern conditions are limited by the strict conditions of external investment, trade, and financial sanctions. The paper aims to analyze changes in the technological effectiveness and innovativeness of regional industry, identifying trends that contribute to economic dynamics in conditions of external uncertainty and economic instability. The objectives of the study include the development and testing of a system of indicators for a comprehensive assessment of the effectiveness of industrial and innovative development of regions with different levels of technological structure (the ratio between high/medium/low technology sectors; aggregated – HT, HMT, LMT- and LT-sectors), allowing for comparative studies of regional parameters contributing to the development of the industry in the regime of external restrictions. Research methods include comparative analysis, economic and statistical methods, the use of correlation analysis, etc. The research hypothesis of the study is to substantiate different formats for the development of industrial regions, distinguished by the differentiation of the technological structure of industry, the complementarity of the economic advantages of technological sectors, which allows the region in the conditions of external destabilization to ensure the effectiveness of industrial development and innovative dynamics. As a result of the study, it was revealed that industrial regions have different technological structures and are developing at different rates; the technological competencies of the LMT sector ensure sustainable industrial dynamics in all analyzed regions, and the HT, HMT sectors ensure the preservation of innovative intensity of development. The technological and logical advantages of industries and the combination of technologically heterogeneous sectors are one of the factors that allow the region, under conditions of external restrictions, to simultaneously ensure both effectiveness and promotion of industrial and innovative development. The proposed conclusions and analytics can be used in developing regional industrial policies of the constituent entities of the Russian Federation.

Sectoral Wage Differentials in Bangladesh: A Comparison Between the Government and Other Ownerships

Most of the studies of wage discrimination in Bangladesh have calculated the gap between pairs of sectors, while this study uses multiple sectors using multinomial logit estimation where the sector selection is endogenous. The employment sector is divided into six heterogeneous sectors depending on ownership status. Using QLFS 2016–2017 data from the Bangladesh Bureau of Statistics, the probability of being employed in a certain sector is initially estimated by the sector choice equation, and then we estimate both the conditional and unconditional wage gaps between government and other sectors. The estimation result of the sector choice shows that the probability of being included in the government sector mostly depends on educational qualification, and the rural population is mostly included in marginal sectors like individual proprietorship. The decomposition of wage discrimination indicates that government employees have a wage advantage over every other sector, except for females. The decomposition result also suggests that the wage gap is mostly driven by discrimination, with NGOs showing the most discrimination in wages offered, followed by the individual sector. Monitoring the wage structure and implementation of the minimum wage is our main policy recommendation, along with others.

The global context of land market liberalization in Ukraine: opportunities and risks for rural development

The article considers various global factors influencing rural development under the conditions of liberalization of the agricultural land market in Ukraine. The author assesses the impact of global processes and global capital on the development of national farms, income distribution, access to land resources, production processes and equitable development in this country. It is proved that globalization, leading to increased concentration of agri-food production and business and expanding the role of large transnationalized corporations, is primarily aimed at exploiting the country’s existing comparative advantages, rather than increasing them, and promotes, in many recipient countries, a model of double economy split in the technological and socio-economic dimensions into qualitatively heterogeneous sectors. The author concludes that although global factors of agricultural production may have a relatively positive impact in macroeconomic terms, the dominance of multinational (transnational) companies, large exporting companies and financially powerful sovereign welfare funds in the market may create risks and threats of crowding out Ukrainian farmers from the market and blocking the sustainable development of rural areas. At the same time, Ukraine's agricultural sector will be transformed into a raw-material link of global food production chains dominated by large transnationalized entities, and a kind of raw-material enclave of transnationalized production will be created within the Ukrainian economy. The article argues that in today's global economy, where cardinal transformations are taking place and uncertainty is growing, land will become an increasingly valuable asset, attractive not only to agricultural producers but also to land speculators and those who try to maintain the value of their assets under the conditions of growing global risks. Under such conditions, investment in land will not at all necessarily contribute to the development of agricultural production, because speculative capital in the face of widespread expectations of a long and significant upward trend in land prices will prevail over productive agricultural capital. In general, this might lead to a significant increase in the cost of agricultural production and food prices. The author proves that the liberalization of the land market leads to increased risks of transfer of the control over Ukraine’s land resources to foreigners (sovereign financial funds and major international corporations), given their dramatic advantage by available financial resources for land acquisition, compared to those possessed by Ukraine’s residents. The article substantiates a set of policy measures and national policy instruments necessary to minimize the risks associated with the introduction (in the context of globalization) of free purchase and sale of agricultural land, which comply with the regulation principles of the European Union.

Глобальний контекст лібералізації земельного ринку в Україні: можливості та ризики для сільського розвитку

The article considers various global factors influencing rural development under the conditions of liberalization of the agricultural land market in Ukraine. The author assesses the impact of global processes and global capital on the development of national farms, income distribution, access to land resources, production processes and equitable development in this country. It is proved that globalization, leading to increased concentration of agri-food production and business and expanding the role of large transnationalized corporations, is primarily aimed at exploiting the country’s existing comparative advantages, rather than increasing them, and promotes, in many recipient countries, a model of double economy split in the technological and socio-economic dimensions into qualitatively heterogeneous sectors. The author concludes that although global factors of agricultural production may have a relatively positive impact in macroeconomic terms, the dominance of multinational (transnational) companies, large exporting companies and financially powerful sovereign welfare funds in the market may create risks and threats of crowding out Ukrainian farmers from the market and blocking the sustainable development of rural areas. At the same time, Ukraine's agricultural sector will be transformed into a raw-material link of global food production chains dominated by large transnationalized entities, and a kind of raw-material enclave of transnationalized production will be created within the Ukrainian economy. The article argues that in today's global economy, where cardinal transformations are taking place and uncertainty is growing, land will become an increasingly valuable asset, attractive not only to agricultural producers but also to land speculators and those who try to maintain the value of their assets under the conditions of growing global risks. Under such conditions, investment in land will not at all necessarily contribute to the development of agricultural production, because speculative capital in the face of widespread expectations of a long and significant upward trend in land prices will prevail over productive agricultural capital. In general, this might lead to a significant increase in the cost of agricultural production and food prices. The author proves that the liberalization of the land market leads to increased risks of transfer of the control over Ukraine’s land resources to foreigners (sovereign financial funds and major international corporations), given their dramatic advantage by available financial resources for land acquisition, compared to those possessed by Ukraine’s residents. The article substantiates a set of policy measures and national policy instruments necessary to minimize the risks associated with the introduction (in the context of globalization) of free purchase and sale of agricultural land, which comply with the regulation principles of the European Union.

Psychometric Properties of the Italian Version of the Burnout Assessment Tool (BAT).

The most popular instrument to measure burnout is the Maslach Burnout Inventory (MBI). Recently, to overcome some of the limitations of the MBI, a new instrument has been proposed, namely the Burnout Assessment Tool. The purpose of this study is to examine the psychometric properties of the Italian version of the BAT. This tool is comprised of a set of four core dimensions (BAT-C; i.e., exhaustion, mental distance, cognitive and emotional impairment) and two secondary symptom dimensions (BAT-S; i.e., psychological and psychosomatic complaints). Data were collected on a sample of 738 participants from heterogeneous sectors and professional roles. In the sample women were slightly overrepresented (52.9%), the participants had a mean age of 41.57 years (SD = 10.51) and a mean organizational tenure of 9.65 years (SD = 8.50). The reliability and factorial structure of the BAT-C and BAT-S, together with the convergent and discriminant validity of BAT-C and MBI were explored, as well as the incremental validity to the BAT-C, over and beyond the MBI. Our results confirmed the factorial validity of a two-factor second-order factor model (BAT-C and BAT-S) represented by 4 first-order factors in the case of BAT-C and 2 first-order factors for BAT-S. Results also attested that BAT-C explains additional variance of the BAT-S, above and beyond what is explained by the MBI-GS. All in all, this study provided evidence that the Italian version of BAT represents a reliable and valid tool for measuring burnout in the work context.

Cross-sectoral externalities related to natural resources and ecosystem services

Standard approaches to environmental and natural resource use externalities generally focus on single-sector resources and user groups. Remedies include Pigouvian-style government constraints, small group controls following Elinor Ostrom, or less frequently, bargaining across users as outlined by Ronald Coase. However, many difficult natural resource management problems involve competing uses of the same resource or multiple interdependent resources, across multiple, heterogeneous sectors. Cross-sectoral externalities are generated and impede attainment of conservation objectives. The multiplicity of resources and stakeholders, who may have different property rights, hold different use or non-use values, have different traditions, or fall under different regulatory regimes, increases the likelihood of multi-jurisdictional conflicts. We provide an institutional analysis following Oliver Williamson's four-levels of institutions (social embeddedness, institutional environment, governance, resource allocation) to illustrate the sources of potential conflict, the costs of addressing them, and the potentials for exchange. In comparing the costs of alternative approaches, we include transaction costs associated property rights; the costs of lobbying, implementing, and enforcing government regulation; and the costs of scaling up from small-group controls when resource problems involve multiple sectors and heterogeneous populations. In our illustrative case examples, instruments that are not formal property rights are exchanged at lower transaction costs. We close by discussing how Coasean, Pareto-improving voluntary exchange agreements may be lower cost, more effective, and more durable solutions than alternative management regimes to mitigate cross-sectoral externalities.

On equilibrium in monopolistic competition with endogenous labor

We consider a model of monopolistic competition with several heterogeneous sectors and endogenous labor supply. For low (high) values of the labor supply elasticity, we show that there is always a unique equilibrium. For medium values of the labor supply elasticity, there are either zero or two equilibria.

Cross-Sectoral Externalities Related to Natural Resources and Ecosystem Services

Standard approaches to environmental and natural resource use externalities generally focus on single-sector resources and user groups. Remedies include Pigouvian-style government constraints, small group controls following Elinor Ostrom, or less frequently, bargaining across users as outlined by Ronald Coase. However, many difficult natural resource management problems involve competing uses of the same resource or multiple interdependent resources, across multiple, heterogeneous sectors. Cross-sectoral externalities are generated and impede attainment of conservation objectives. The multiplicity of resources and stakeholders, who may have different property rights, hold different use or non-use values, have different traditions, or fall under different regulatory regimes, increases the likelihood of multi-jurisdictional conflicts. We provide an institutional analysis following Oliver Williamson’s four-levels of institutions (social embeddedness, institutional environment, governance, resource allocation) to illustrate the sources of potential conflict, the costs of addressing them, and the potentials for exchange. In comparing the costs of alternative approaches, we include transaction costs associated with property rights; the costs of lobbying, implementing, and enforcing government regulation; and the costs of scaling up from small-group controls when resource problems involve multiple sectors and heterogeneous populations. In our illustrative case examples, instruments that are not formal property rights are exchanged at lower transaction costs. We close by discussing how Coasean, Pareto-improving voluntary exchange agreements may be lower cost, more effective, and more durable solutions than alternative management regimes to mitigate cross-sectoral externalities.

Multicriteria and efficiency analysis of innovativeness in Brazilian economic sectors

Traditional techniques to evaluate the efficiency to innovate of economic sectors face two difficulties: heterogeneous sectors, and uncertain and imprecise information. In this article, a methodology is proposed to deal with these conditions in a set of Brazilian economic sectors. Heterogeneity is addressed through a multicriteria sorting technique to assign sectors into categories of innovativeness. Next, deterministic, stochastic (SMAA-D and bootstrap) and fuzzy DEA methods are used to calculate efficiency scores inside each category in contexts of crisp, uncertain and imprecise data, respectively. Robustness analysis is undertaken to identify robust-efficient sectors. Necessarily and possibly efficient sectors are defined to analyze non-efficient units. Three groups can be recommended to policy-makers: sectors that do not need improvement actions to enhance efficiency; sectors that need improvement in their efficiency to innovate; and sectors that could need radical changes to improve their efficiency to innovate. Limitations are mentioned and future research is suggested.

On Equilibrium in Monopolistic Competition with Endogenous Labor

We consider a model of monopolistic competition with several heterogeneous sectors and endogenous labor supply. For low (high) values of the labor supply elasticity, we show that there is always a unique equilibrium. For medium values of the labor supply elasticity, the set of equilibria (if non-empty) can comprise of several equilibria, with the number of equilibria bounded by the number of sectors.

Pipeline Pressures and Sectoral Inflation Dynamics

In a production network, shocks originating in individual sectors do not remain confined to individual sectors but permeate through the pricing chain. The notion of “pipeline pressures” alludes to this cascade effect. In this paper we provide a structural definition of pipeline pressures to inflation and use Bayesian techniques to infer their presence from quarterly U.S. data. We document two insights. (i) Due to price stickiness along the supply chain, we show that pipeline pressures take time to materialize which renders them an important source of inflation persistence. (ii) As we trace their origins to 35 disaggregate heterogeneous sectors, pipeline pressures are documented to be a key source of headline/disaggregated inflation volatility. Finally, we contrast our results to the dynamic factor literature which has traditionally interpreted the comovement of price indices arising from pipeline pressures as aggregate shocks. Our results highlight the (hitherto underappreciated) role of sectoral shocks – joint with the production architecture – to understand the micro origins of disaggregate/headline inflation persistence/volatility.

International Transmission with Heterogeneous Sectors

This paper documents new facts about the behavior of capital- and labor-intensive goods over the business cycle and also identifies a mechanism that generates international investment co-movement through shifting compositional changes of production and trade across sectors. Our model’s quantitative predictions not only match aggregate and sectoral statistics but also generate empirically plausible sectoral composition effects. Finally, we show that essential segments of the transmission process receive empirical support. (JEL E23, E24, E32, F44, L16)

Beyond multidirectional technology transfer

This article focuses on co-development technology transfer models. It offers an empirical analysis of a pioneer model applied in Italy: the proof-of-concept network (PoCN) applied by AREA Science Park in Trieste. Starting with a review of the literature, the authors identify the drivers that facilitate collaboration between the industrial and research systems in the embryonic phase of technology development. Then, discussing the PoCN model, the article analyzes and explores an emerging phenomenon that is as yet poorly understood. The application of a model for co-development, in fact, highlights many advantages for both firms and the research system and improves the efficiency of matching between these distant and heterogeneous sectors. The authors report a single case study which, while appearing to be a limitation of the article, offers elements of originality because it concerns the first applied co-development model in Italy. There are many practical implications, not only for firms and research institutions but also for policymakers who seek to implement public policies to support innovation and technology transfer.

Analysis of tourist satisfaction in tourism supply chain management

ABSTRACTThis study investigates factors in tourism supply chain management (TSCM) which can influence tourist satisfaction in Isfahan, the leading tourist destination in Iran. Applying a neural network based on intelligent algorithm, the results indicate that factors such as recreation and entertainment, transportation system, tourism attractions, catering services, shopping and accommodation services failed to satisfy international tourists while tourist infrastructure and tourist information factors were quite satisfactory. It seems that TSCM in Isfahan failed to create an integration across heterogeneous sectors. This study contributes to our understanding of how TSCM is working in a mature destination in a developing country, with particular reference to Isfahan.

INNOVATIVE USE OF SCRAP AND WASTE DERIVING FROM THE STONE AND THE CONSTRUCTION SECTOR FOR THE MANUFACTURING OF BRICKS. REVIEW OF THE INTERNATIONAL SCENARIO AND ANALYSIS OF AN ITALIAN CASE STUDY

The construction sector has evolved a lot over the last few years promoting the design and manufacturing of innovative and environmentally sustainable materials and products. In accordance with European and national guidelines, with a growing awareness of environmental issues several experiences are showing the interest of companies to qualify their products as green and environmentally sustainable. In the European context many directives have been introduced which, among their themes, speak of circular economy, reduction of the use of resources, better efficiency of production, etc. At the same time, initiatives related to the GPP were activated in the Italian context, that foresee an increase of the recycled content in building materials. Especially the brick manufacturing industry is very sensitive to the issue of the waste recovery and many experiences show that is possible to obtain optimum products with weighted material mixes (virgin raw materials and secondary raw materials). This procedure also contributes to a gradual recovery of waste otherwise disposed of in landfills. In the international scenario there are many studies about the reuse of waste and scraps in the bricks material mixes; the studies mainly derive from heterogeneous sectors as, for example: fly ash from coal plants, scraps and waste from the natural stone extraction, ceramic production residue, aggregates from demolition, waste oil, slag from steel mills, sawmill sludge and dust, glass powdered, recycled plastic, textile fibers, etc. The analysis of many experiences highlighted two key issues: the importance of cross-sectorial exchanges as a condition for enabling strategies of circular economy and the high intrinsic value of the material scrap. Particular attention has been paid to the Catalyst case study, a company that has developed different types of bricks, produced almost entirely with secondary raw material.