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E-Business And Global Sourcing – Inferences From Securities Exchanges

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Author Info
Steven Globerman (Western Washington University)

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Abstract

This paper sets out a conceptual model that describes how the configuration of relevant geographic markets might change as electronic “gateways” or portals challenge conventional markets. It then considers the main conceptual inferences against the experience of securities markets. Consideration of empirical evidence suggests that e-business will lead to expanded geographic markets, although the pace and extent of the expansion might be slower and less dramatic, even in the long- run, than early enthusiasts of e-business may have anticipated.

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File URL: http://129.3.20.41/eps/it/papers/0404/0404006.pdf
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Publisher Info
Paper provided by EconWPA in its series International Trade with number 0404006.

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Date of creation: 07 Apr 2004
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Handle: RePEc:wpa:wuwpit:0404006

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Web page: http://129.3.20.41

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Related research
Keywords: geographic markets securities markets e-business

Find related papers by JEL classification:
F - International Economics

This paper has been announced in the following NEP Reports:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Klein, Benjamin & Leffler, Keith B, 1981. "The Role of Market Forces in Assuring Contractual Performance," Journal of Political Economy, University of Chicago Press, vol. 89(4), pages 615-41, August. [Downloadable!] (restricted)
  2. James McAndrews & Chris Stefanadis, 2000. "The emergence of electronic communications networks in the U.S. equity markets," Current Issues in Economics and Finance, Federal Reserve Bank of New York, issue Oct. [Downloadable!]
  3. J. Yannis Bakos & Erik Brynjolfsson, 1997. "From Vendors to Partners: Information Technology and Incomplete Contracts in Buyer-Supplier Relationships," Working Paper Series 154, MIT Center for Coordination Science. [Downloadable!]
  4. Steven Globerman & Thomas W Roehl & Stephen Standifird, 2001. "Globalization and Electronic Commerce: Inferences from Retail Brokering," Journal of International Business Studies, Palgrave Macmillan Journals, vol. 32(4), pages 749-768, December. [Downloadable!] (restricted)
  5. Brad M. Barber & Terrance Odean, 2001. "The Internet and the Investor," Journal of Economic Perspectives, American Economic Association, vol. 15(1), pages 41-54, Winter. [Downloadable!] (restricted)
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