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passenger road traffic, total external costs amount to about 44 ECU/1000 pkm on the route Frankfurt -Milan, including the impact … of the transport modes, external costs of passenger road traffic are about 9 times as high as those of rail traffic and … about twice as high as those of air traffic. For goods transport by road, the total external costs (30.6 ECU/1000 tkm) are …
Persistent link: https://www.econbiz.de/10011441052
In the European Union (EU) and in Germany the transport sector is the only sector with increasing CO2 emissions (in the … EU by about 32 % and in Germany by about 1 % since 1990). Especially in road freight and air transport a further strong …
Persistent link: https://www.econbiz.de/10003751444
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This paper examines return predictability when the investor is uncertain about the right state variables. A novel feature of the model averaging approach used in this paper is to account for finite-sample bias of the coefficients in the predictive regressions. Drawing on an extensive...
Persistent link: https://www.econbiz.de/10003728591
large economies, USA, United Kingdom, Germany, France and Japan. The empirical results show that although the pure NGARCH …
Persistent link: https://www.econbiz.de/10003670896
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