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| Amponsah, William A.; Ofori-Boadu, Victor. |
| A gravity model using panel data is applied to determine factors affecting textiles and apparel trade flows into the United States. The study confirms that a nation's aggregate output and per unit productivity serve as important determinants of textiles and apparel trade into the U.S., and the exporting country's depreciating exchange rate as well as its lower prices relative to U.S. prices for textiles and apparel play an important role in determining textiles and apparel trade flows to the U.S. market. Since the WTO's multilateral trade restraining policies of the multi-fibre arrangement (MFA) is found to have slowed down imports, its abrogation in 2005 should lead to greater textiles and apparel imports to the U.S. |
| Tipo: Journal Article |
Palavras-chave: Brand equity; Brand valuation; Real options; Food firms; Growth option value; Agribusiness; International Relations/Trade. |
| Ano: 2007 |
URL: http://purl.umn.edu/8191 |
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| Liu, Juan; Sporleder, Thomas L.. |
| Brand names and brand equity are recognized as important intangible assets among firm managers in the global food supply chain. This analysis investigates the long-run potential of brand equity among food processors to actually create real options for a firm's management. The empirical analysis views brand equity among food processors as a real option of growth and empirically tests selected drivers that are conceptually associated with firm growth. Results indicate that brand equity has a positive effect on the growth option value of the firm, after accounting for other major drivers of firm growth. Brand equity elasticity is estimated with respect to a firm's growth value for both the industry- and firm-level. One major implication of the analysis is... |
| Tipo: Journal Article |
Palavras-chave: Brand equity; Brand valuation; Real options; Food firms; Growth option value; Agribusiness. |
| Ano: 2007 |
URL: http://purl.umn.edu/8172 |
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