Leverage,Technical Efficiency and Profitability: an application of DEA to foreign-invested toy manufacturing firms in China

Based on a representative sample of the 238 largest foreign-invested toy manufacturing firms in southern China by output value, we adopted a two-stage approach to examine the role of leverage on firm performance as measured by technical efficiency, and the effect of efficiency on profitability. In the first stage, we use data envelopment analysis (DEA) to estimate the technical efficiency of the sample firms. In the second stage, we conduct a regression analysis to study the effects of leverage on efficiency and of efficiency on profitability. Our empirical results support the view that leverage has a positive effect on firm technical efficiency and that there is a positive relationship between technical efficiency and profitability.     

No Shrinking Violet

Second Hand Roses 'founder and front man Liang Long talks about Nirvana, Nietzche and why he started wearing drag on stage.     

Economic variables and rural‐urban migration: Some thoughts on the Todaro hypothesis

Using data from 433 firms operating along Uganda’s charcoal and timber supply chains, we investigate patterns of bribe payment and tax collection between supply chain actors and government officials responsible for collecting taxes and fees. We examine the factors associated with the presence and magnitude of bribe and tax payments using a series of bivariate probit and Tobit regression models. We find empirical support for a number of hypotheses related to payments, highlighting the role of queuing, capital-at-risk, favouritism, networks, and role in the supply chain. We also find that taxes crowd in bribery in the charcoal market.     

Social Justice Attitudes and Their Demographic Correlates Among a Nationally Representative Sample of U.S. Adolescents

Compared to extant studies, this study uses more rigorous analyses to describe social justice attitudes and their correlates among a nationally representative sample of 2,811 U.S. ninth-graders. Females and adolescents with more educated mothers tended to express more support for social justice. Strikingly, about 90 % of adolescents believed that equal opportunity to obtain a good education exists in the U.S. Adolescents were also more likely to support abstract social justice principles rather than solutions that promote social justice: about 80 % agreed that all races and genders should have equal opportunities, but only 55 % reported that government should be responsible for individuals’ economic needs. Differences between U.S. adolescents’ and adults’ attitudes are noted, and implications for future research are presented.     

Repeated Eyewitness Identification Procedures: Memory,Decision Making,and Probative Value

Two experiments examined the effects of multiple identification procedures on identification responses, confidence, and similarity relationships. When the interval between first and second identification procedures was long (Experiment 1), correct and false identifications increased, but the probative value of a suspect identification changed little; consistent witnesses were more confident than inconsistent witnesses; and the similarity relationships between suspect and foils were unchanged. When the interval between first and second identification procedures was short (Experiment 2), suspect identification rates changed little, but foil identifications increased significantly; confidence for all identifications increased; consistent witnesses were more confident than inconsistent witnesses; and similarity relationships changed such that witnesses were less likely to identify the suspect as being the best match to the perpetrator.