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Demand Uncertainty and Capacity Utilization in Airlines

Escobari, Diego; Lee, Jim - Volkswirtschaftliche Fakultät, … - 2013

This paper studies the relationship between demand uncertainty—the key source of excess capacity—and capacity utilization in the U.S. airline industry. We present a simple theoretical model that predicts that lower demand realizations are associated with higher demand volatility. This...

Persistent link: https://www.econbiz.de/10011259875

Economic growth and income distribution with heterogeneous preferences on the real exchange rate

Lima, Gilberto Tadeu; Porcile, Gabriel - Volkswirtschaftliche Fakultät, … - 2011

We present a dynamic model of capacity utilization and growth which takes into due account the joint determination of the international competitiveness (measured by the real exchange rate) and functional income distribution. It follows that how distribution, capacity utilization and growth vary...

Persistent link: https://www.econbiz.de/10009216347

Analisi dei modelli d’impresa: discontinuità e sviluppo

D'Elia, Enrico; Nascia, Leopoldo; Zeli, Alessandro - Volkswirtschaftliche Fakultät, … - 2011

Typically, firms change their size through a row of discrete leaps over time. A very basic model allowing for discontinuous growth can be based on a couple of assumptions: (a) in the short run, the firm’s equipment and organization provide the maximum profit only for a given production level,...

Persistent link: https://www.econbiz.de/10009397173

A simple model of discontinuous firm’s growth

D'Elia, Enrico - Volkswirtschaftliche Fakultät, … - 2011

Typically, firms change their size through a row of discrete leaps over time. Sunk costs, regulatory, financial and organizational constraints, talent distribution and other factors may explain this fact. However, firms tend to grow or fall discontinuously even if those inertial factors were...

Persistent link: https://www.econbiz.de/10009397193

Capacity Utilization of Enterprises in Tanzania

Egbert, Henrik - Volkswirtschaftliche Fakultät, … - 2007

Structural reforms and market liberalization have led to a transformation of the Tanzanian economy since the mid-1980s. Studies on enterprises in the manufacturing sector seem to indicate that entrepreneurs persistently operated with low capacity utilization in the 1990s. In a liberalized market...

Persistent link: https://www.econbiz.de/10011109523

Nonconvex Margins of Output Adjustment and Aggregate Fluctuations

Sustek, Roman - Volkswirtschaftliche Fakultät, … - 2009

In most manufacturing industries output is adjusted in a lumpy way along three margins: shiftwork, weekend work, and closing a plant temporarily down. We incorporate such decisions into a dynamic general equilibrium model and study: (i) if such micro-level nonconvexities magnify business cycles;...

Persistent link: https://www.econbiz.de/10008528720

Distribution and Growth in an Economy with Heterogeneous Capital and Excess Capacity

Mariolis, Theodore - Volkswirtschaftliche Fakultät, … - 2007

In a world of heterogeneous capital the aggregate capital-capacity ratio can change in a complicated way as the real wage rate changes and, therefore, nothing useful can be said, a priori, about the relationships between the real wage rate (or the aggregate profit share), the degree of capacity...

Persistent link: https://www.econbiz.de/10008540114

Does Modernization Improve Performance: Evidence from Indian Police

Kumar, Surender; Kumar, Sudesh - Volkswirtschaftliche Fakultät, … - 2013

This paper aims to measure the role of police modernization scheme in its performance in crime repression. We use … ‘single stage’. We find that the police modernization scheme is helping the state police departments in enhancing their … performance, i.e., the police departments which have more modern communication equipments and which are spending more money on the …

Persistent link: https://www.econbiz.de/10011259959

Ethnic fragmentation and police spending

Ajilore, Olugbenga; Smith, John - Volkswirtschaftliche Fakultät, … - 2010

Using a Two-Stage Least Squares procedure, we estimate the relationship between ethnic fragmentation and police … and accounting for simultaneity bias, ethnic fragmentation is positively related to police spending. Our paper contributes … to the understanding of the stylized fact that public spending on police increased over a period in which the incidence …

Persistent link: https://www.econbiz.de/10008543500

Driving while black: do police pass the test?

Mason, Patrick L. - Volkswirtschaftliche Fakultät, … - 2007

significance of police discrimination against social groups. This paper presents and applies a nonparametric test that is robust to … drivers. More particularly, there is evidence of police bias against African American male and Latino drivers by all officers … and no evidence of police bias against white male drivers by any group of officers. …

Persistent link: https://www.econbiz.de/10005619310