We posit and empirically test the hypothesis that airlines are able to charge a fare premium in markets that originate in their domestic country relative to similar markets that originate in foreign countries. To this end, we focus on intercontinental one-stop air travel trips for which the...

The search for a framework to study globalisation, economics and ecology for nature conservation andbiodiversity protection requires the integration of concepts, theories and models from economics andecology. This allows for the study of interactions between economic and ecological processes,...

The relationship between trade and material flows is examined by viewing theglobal economy from the perspective of international material-product chains(MPC). The international MPC covers the complete lifecycle of a material or aproduct in two or more regions, including extraction, production,...

We propose to pool alternative systemic risk rankings for financial institutions using the method of principal components. The resulting overall ranking is less affected by estimation uncertainty and model risk. We apply our methodology to disentangle the common signal and the idiosyncratic...

This paper addresses the timing of a location's historical transition from rural to urban activity. We test whether urbanization occurs sooner in places with higher agricultural potential and comparatively lower transport costs, using worldwide data that divide the earth's surface at half-degree...