A reconsideration of measures of instability

Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/26783/1/0000339.pd

Piggybacking : a quick road to internationalization

Includes bibliographical references (p. 21)

Globalization of markets : a framework / 1501

Includes bibliographical references (p. 17-19)

Oligopolistic Reaction and Foreign Direct Investment: The Case of the U.S. Tire and Textiles Industries

This paper empirically tests the impact of oligopolistic reaction and some firm–related and host country–related factors on FDI activities in the U.S. tire and textile industries. The results reveal that in an oligopolistic industry, firms' motivation of FDI is based on the behavior of rivals as well as host country–related and firm–related factors, while in a more competitively structured industry, firms do not actively counter the competitors' FDI activities.© 1988 JIBS. Journal of International Business Studies (1988) 19, 449–460

Gibrat's law in marketing: The case of liquor brand sales

We test the applicability of Gibrat's Law in the liquor brand market. Basically, we model annual changes in the unit sales of the top fifty liquor brands as white noise. Our results reject this model, but we do find that changes in sales are independent of starting market sales. This leads to the interpretation that brands with above average market share do not tend to gain market share, i.e., initial market share does not affect the subsequent change in market share. Furthermore, brands with above average sales do not have more stable sales than do firms with below average sales. Changes in sales appear highly positively correlated between periods, i.e., brands that gain sales in one period tend to gain sales in the next. Finally, no major liquor type or manufacturer had consistently and significantly greater or lower success across our various annual time periods.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/28851/1/0000686.pd