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M2 (2) answer(s).
 
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1
ID:   134025


Capable companies or changing markets: explaining the export performance of firms in the defence industry / Castellacci, Fulvio; Fevolden, Arne   Journal Article
Castellacci, Fulvio Journal Article
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Publication 2014.
Summary/Abstract The paper presents an analysis of the factors explaining the export performance of firms in the defence sector. We focus on the case of Norway, and make use of two complementary methodologies: the first is based on econometric firm-level data analysis for the whole population of defence companies, and the second is based on qualitative case study research on the three most important defence export products (weapon stations, ammunition and electronics). Our empirical results highlight the importance of four major success factors for exporting firms: (1) the participation in offset agreements; (2) the ability to focus on their set of core competencies; (3) their R&D activities and interactions with the public S&T system; and (4) demand opportunities and, relatedly, user-producer interactions.
Key Words Weapons  Ammunition  Defence Industry  Defence Economy  Liberalization  Export 
F1  M2  R&D and Innovation  F5  L1  O3 
        Export Export
2
ID:   124405


Market liquidity, exchange rate pass-through, and inflation dyn / Zhang, Cheng-Si; Qiu, Yue   Journal Article
Zhang, Cheng-Si Journal Article
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Publication 2013.
Summary/Abstract This paper examines the effects of market liquidity and exchange rate pass-through on domestic inflation in China from 1998 to 2008 using both univariate and multivariate dynamic models. We find the following: (1) market liquidity in China has significantly positive effects on inflation, (2) the pass-through effect of exchange rates is limited to CPI. (3) the shock to growth rate of real GDP drives domestic inflation significantly, (4) external shocks contribute little to the volatility of inflation, and (5) China s central bank should keep the growth rate of M2 as the main monetary policy instrument in inflation management.
        Export Export