25 research outputs found

    The export of national varieties of capitalism: the cases of Wal-Mart and Ikea

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    Using the cases of Wal-Mart and IKEA, this paper takes a productive systems approach to examine ‘varieties of capitalism’ from the perspective of the ways by which production and market relations are structured and prioritised. It considers the nature of these relations and their interaction within the domestic economy and the ways that firms and national systems interact with each other in the global economy. It examines the processes by which trading standards are transported via supply chain relationships, which ultimately become embedded in products and recognized by consumers at various stages. In this analysis, the cases of Wal-Mart and IKEA provide insight into the ways by which national systems extend themselves globally, their contrasting effects on the business environments in host localities, and the impact of the resulting supply chain relations on organizational performance

    Minimum Wage Channels of Adjustment

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    Industrial Relations, forthcoming Abstract: The effects of minimum wage increases in 2007-2009 are analyzed using a sample of restaurants from Georgia/Alabama. Store-level payroll records provide precise measures of compliance costs. Examined are multiple adjustment channels. Exploiting variation in compliance costs across restaurants, we find employment and hours responses to be variable and in most cases statistically insignificant. Channels of adjustment to wage increases and to changes in non-labor costs include prices, profits, wage compression, turnover, and performance standards

    The export of national varieties of capitalism: the cases of Wal-Mart and IKEA

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    'This is an excellent compendium of the ongoing research into global retailing across a range of disciplines within the social sciences. . . the collection deserves a place on the bookshelf of academics who research and teach this interesting and rapidly emerging research field.' – Steve Wood, Business History ‘Coe and Wrigley have assembled a most impressive collection of key writings on the globalization of retailing. It will be of great value to students, researchers and policymakers in this rapidly growing, and extremely important field.’ – Peter Dicken, University of Manchester, UK and author of Global Shift This path-breaking collection, edited by two leading scholars in the field, brings together seminal contributions from the burgeoning multidisciplinary literature on the globalization of retailing. In addition to focusing on the retail corporations and their expansionary strategies, it explores the multi-faceted impacts of retail globalization on host economies and profiles the store and sourcing dimensions of transnational retail activity

    Global reproduction of national capitalisms: the cases of Wal-Mart and IKEA

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    'All too often, orthodox economics presumes economic laws to be timeless and universal, while paying scant attention to real world institutions. Wolfram Elsner and Hardy Hanappi have assembled seventeen papers by a diverse international collection of recognized scholars and rising stars that dispense with the cookie-cutter approach and get down to the important work of identifying the institutional and cultural specificities that characterize capitalism in the 21st century. Successful policies for real development depend crucially on the kinds of analyses found in this most welcome volume.' – Mathew Forstater, University of Missouri-Kansas City, US In response to global and technological challenges, this important new book highlights the continuing diversity of national institutional reconfigurations and policy reforms from an institutional-economics perspective. The distinguished contributors offer a fresh and critical appraisal of three interconnected fields of research; ‘varieties of capitalism’, the ‘new economy’ and ‘new institutional deals’. In so doing, this book will undoubtedly become a benchmark for the analysis of comparative institutional systems and for the further development of institutional-economic theory, and state and policy reform
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