A new study by Turner College economist Wen Shin and her colleagues Wei Sun and Yi Zhao of Grand Valley State University empirically assesses the degree of business cycles synchronization and economic integration between Laos and China under the influence of the Belt and Road Initiative. To do so they estimate a two-country structural VAR model and apply sign restrictions to identify the structural shocks for 1984-2022. The study, which appears in the latest issue of the Journal of Management Policy and Practice, finds that China’s macroeconomic shocks have played a significant role in shaping Laos’ GDP and price level and that China’s influence is increasing over time. Our results suggest that Laos’ business cycles have become more synchronized with China’s under the influence of the Belt and Road Initiative, consistent with the overall literature of Belt and Road Initiative’s impact on the developing countries.
The long-awaited journal review being conducted by the Australian Business Deans Council (ABDC) has been released and there are a number of news items that relate to faculty in the Turner College. One of these is the ABDC's decision to now include Compensation and Benefits Review in its journal rankings. This is big news for the Turner College as its editor, Phil Bryant , is a professor of management in the Turner College. The ABDC is proposing that the journal enter its system for the first time as a C-rated journal. Acting Turner College Dean Tesa Leonce sits on the journal's editorial board, while Turner College management professor Mark James has guest-edited an issue of the journal. Published by SAGE, Compensation & Benefits Review is the leading journal for senior executives and professionals who design, implement, evaluate and communicate compensation and benefits policies and programs. The journal supports compensation and benefits specialists and academic ex...
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