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Recent theoretical research shows that exporters are more productive than nonexporters. We show that this result holds almost trivially for the case of constant marginal cost of production, as mainly assumed in the literature, but it may not hold true if the marginal cost is not constant. Our...
Persistent link: https://www.econbiz.de/10011432543
This paper develops a model framework and a corresponding empirical inference procedure for estimating long-run marginal cost in industries where production costs decline over time. In the context of the solar photovoltaic module industry, we rely on firm-level financial accounting data to...
Persistent link: https://www.econbiz.de/10011406774
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This paper provides the first analysis of the trade-off between convenient flight connections and airport congestion. A …
Persistent link: https://www.econbiz.de/10011334230
Inhabitants of houses near Amsterdam Airport are complaining of noise nuisance, caused by aircraft traffic. The usual … around Amsterdam Airport as the sum of hedonic price differentials and a residual cost component. The residual costs are …
Persistent link: https://www.econbiz.de/10011402503
theory says that the congestion tolls levied on the various airlines at a particular airport should generally be different …The likely resurgence of air traffic in the U.S. means that airport congestion is a problem that must soon be … imposed at selected U.S. airports in the relatively near future. The theory developed in this paper, which extends the results …
Persistent link: https://www.econbiz.de/10011410457
This paper explores the effect of airline emissions charges on airfares, airline service quality, aircraft design features, and network structure, using a detailed and realistic theoretical model of competing duopoly airlines. These impacts are derived by analyzing the effects of an increase in...
Persistent link: https://www.econbiz.de/10003808132
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We study the importance of uncertainty and public finance to the welfare ranking of three environmental policy instruments: pollution taxes, pollution permits and Kyoto-like numerical rules for emissions. The setup is the basic stochastic neoclassical growth model augmented with the assumptions...
Persistent link: https://www.econbiz.de/10003942680