Showing 1 - 10 of 53
competition pressure for passengers among airports. In this paper we present a new adaptive definition of airport's catchment area …. Using this definition we develop an indicator of a level of competition pressure, based on overlapping of airport … distances from this frontier. We use a classic production approach to airport activities, where an airport enterprise uses …
Persistent link: https://www.econbiz.de/10005108473
The paper introduces a concept of airport competitiveness index. The index consists of numerous indicators grouped into …
Persistent link: https://www.econbiz.de/10005087504
In the paper we describe genezis of decentralisation and corporatisation of airport sector in the Slovak Republic to … reveal circumstances influencing expected decision about Bratislava airport privatisation in 2011. Special attention is … Airport privatisation. We also explain Bratislava Airport privatisation in light of overall privatisation status of Slovakian …
Persistent link: https://www.econbiz.de/10009367978
The manuscript represents a comprehensive theory of enclaves and exclaves. The theory comprises both political and economic aspects. It is the first general book on the world’s enclaves and exclaves. Due to its comprehensive and pioneer character, it has a potential to become a book of...
Persistent link: https://www.econbiz.de/10008490550
This paper identifies the ex ante factors of currency speculation based on the experience of Hong Kong’s three episodes in 1988, 1998 and 2007. The dynamic conditional correlation models are used to study the inter-temporal interactions among the Hang Seng Index, Hang Seng Index futures and...
Persistent link: https://www.econbiz.de/10009370834
House prices crash has become an important feature of macroeconomic crisis. We argue that house prices crash driven by contractionary monetary policy is not only a reaction to crisis, but also accelerates and amplifies the fluctuations of major macroeconomic variable. In this paper, we conduct a...
Persistent link: https://www.econbiz.de/10009372559
Using a strategy of export-led growth and an activist industrial policy, Japan, the Asian Tigers and more recently China have attained high rates of economic growth. Export-led growth has taken over the status as model for developing countries' economic development from the formerly prevailing...
Persistent link: https://www.econbiz.de/10011257823
Using data from 1991 to 2006 in Hong Kong, this paper documents how the distribution of workers’ earnings and the inequality of immigrants’ and natives’ earnings changed over time. We decompose earnings inequality to explore how the changes in immigrants’ share of the labor force have...
Persistent link: https://www.econbiz.de/10011259925
By using a growth accounting framework for the period 1980-2000, this paper estimates Hong Kong’s total factor productivity and unit labor cost of twenty industries classified into three economic sectors of tradable goods, tradable services and non-tradable services. The results show that Hong...
Persistent link: https://www.econbiz.de/10009647432
This work applies the FAVAR model to forecast GDP growth rate, unemployment rate and inflation rate of the Hong Kong economy. There is no factor model forecasting literature on the Hong Kong economy. The objective is to find out whether factor forecasting of using a large dataset can improve...
Persistent link: https://www.econbiz.de/10009228917