TNC Strategies and Variations in Intra-firm Trade: The Case of Foreign Manufacturing Affiliates in Sweden

The aim of this paper is to contribute to the understanding of the forms and determinants of intra-firm trade, i.e. international trade between different units under common TNC ownership, this being a major indication of 'deep economic integration' between developed countries in the 1990s. Theoretically, intra-firm trade can be explained by the existence of economies of common governance and are often found to be associated with R&D-intensive industries and economies of scale. In empirical studies, intra-firm trade is often found to consist of intermediate inputs goods, resulting in vertically integrated production chains. The study is based on detailed firm-level data from around 300 foreign majority-owned affiliates (MOFAs) in manufacturing, in Sweden in 1993. The results show that intra-firm sales by MOFAs in Sweden are as high as those found in studies of manufacturing affiliates of US TNCs. Almost all of MOFAs' intra-firm exports are finished products, while intra-firm imports consist of material inputs and finished products for resale. This suggests that these MOFAs are only marginal involved in vertically integrated production chains, especially in terms of exports. The results of a regression analysis complement earlier studies by showing that the level and composition of intra-firm trade is significantly affected by the international strategy applied by TNCs when operating foreign manufacturing affiliates. Intra-firm exports of finished products and material inputs are positively associated with efficiency-seeking FDI, e.g. affiliates engaged in rationalised production. Market-seeking FDI is associated with intra-firm imports of complementary finished products for resale. By contrast, resource-seeking and strategic asset-seeking FDI was negatively associated with intra-firm trade.     

Tracing Medieval and Renaissance Alabaster Works of Art Back to Quarries: A Multi‐Isotope (Sr,S, O) Approach

Multi‐isotope fingerprinting (sulphur, oxygen and strontium isotopes) has been tested to study the provenances of medieval and Renaissance French and Swedish alabaster works of art. Isotope signatures of historical English, French and Spanish alabaster source quarries or areas are revealed to be highly specific, with a strong intra‐group homogeneity and strong inter‐group contrasts, especially for Sr and S isotopes. The chosen combination of isotope tracers is a good basis for forensic work on alabaster provenance, allowing verification of hypotheses about historical trade routes as well as identification of fakes and their origin. The applied analytical techniques of continuous flow isotope ratio mass spectrometry (CF–IRMS) and thermal ionization mass spectrometry (TIMS) only require micro‐samples in the low‐milligram range, thus minimizing the impact on the works of art.     

ARISTOCRATIC WEALTH AND INEQUALITY IN A CHANGING SOCIETY: SWEDEN, 1750–1900

The role of the European nobility and their ability to retain their political and economic power are part of the debate on the modernization of Europe’s economy. This paper contributes to the literature by exploring the wealth of the Swedish nobility as the country evolved from an agrarian to an industrial economy. We use a sample of 200+ probate inventories of nobles for each of the benchmark years 1750, 1800, 1850 and 1900. We show that the nobility, less than 0.5 per cent of the population, was markedly dominant in 1750: the average noble was 60 times richer than the average person, and the nobles held 29 per cent of all private wealth. 90 per cent of the nobles were richer than the average person. By 1900 the advantage of the nobles’ wealth had declined; the group held only 5 per cent of total private wealth. At the same time, stratification within the nobility had increased dramatically. One group of super-rich Swedish nobles, often large land owners from the high nobility, possessed the biggest fortunes, but a large minority of nobles were no richer than the average Swede.     

The urbanisation of Java, 2000–2010: towards ‘the island of mega-urban regions’

The mega-urbanisation process in Java is reflected in the spatial patterns of urban population growth between 2000 and 2010, although there has been a small deceleration in the rate of growth recently. This process is also clearly indicated in the significant increase in the number of urban localities, which reflects in situ urbanisation and rural–urban transformation in Java. Most districts and cities located adjacent to large cities experienced much higher population growth rates, compared to the core areas in cities. The formation of urban belts with a mix of economic activities connecting large cities is greatly expanding, while the small and medium cities, those with population sizes between 100,000 to one million, have tended to stagnate as their role and functions as centres of socio-economic activities are taken over by the large cities. Java’s mega-urbanisation appears unstoppable, and is largely uncontrolled at the present time. It is a daunting challenge for the central and local governments to manage the spatial urban growth in Java in the near future.     

Quantifying the Family Frailty Effect in Infant and Child Mortality by Using Median Hazard Ratio (MHR)

Abstract

Most microlevel studies in the social sciences have focused on the impact of different measured variables. While some studies have also dealt with unobserved variation, it has usually only been controlled for to perfect the estimates of the observables. In this article, the authors applied a modified version of a recently developed method designed to quantify the effect of unobserved variation in continuous time multilevel models, called a median hazard ratio. It allows a direct comparison of the effect of unobserved heterogeneity with standard relative risks. The method is used in an analysis of infant and child mortality in southern Sweden during the period 1766–1895. The empirical findings indicate that unmeasured differences between families were more important than either socioeconomic status or gender throughout this period.     

Sailing Rock Art Boats

Amongst the thousands of Bronze Age rock art images that are found along the paleogeographic coast lines of southern Scandinavia the most ubiquitous is the boat. A few are furnished with what look like a mast or sail. These attributes have largely been ignored or explained away as features or objects other than rig because it is widely accepted that the sail was not used in Scandinavia until the 8th century AD. But what if after all they really are depictions of rig? Might this suggest that the sail was not only known but perhaps used here over a 1,000 years earlier than previously accepted? Starting from the bases of the images and the environment in which they are found, this paper asks whether vessels of the types we believe belonged to the Scandinavian Bronze Age could have been sailed? These evaluations led to a series of sail trials in a canoe undertaken in the archipelago of the Swedish west coast in the late summer and autumn of 2005. The successful results of these trials were later transferred to the Tilia, a full-scale reconstruction of the Hjortspring boat, a vessel dated to 350 BC but believed to belong to a long-established boatbuilding tradition stretching back into the Bronze Age. This is the report of the hypothesis behind these trials as well as their planning, execution and immediate results.