Showing 1 - 10 of 53
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
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
Given the adoption of the linked exchange rate since October 1983, fiscal policy becomes the only measurement for stabilizing the Hong Kong economy. This paper attempts to establish a framework for evaluating the fiscal effect to prevent the abuse of fiscal measures. The empirical study of Jha...
Persistent link: https://www.econbiz.de/10011111099
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
This paper examines trade performance of climate friendly goods using some trade indices for India and other Asian countries during 2002 - 2008. Climate friendly goods (CFG) are those goods which have less harmful to environment. Paper identifies India’s performance in CFG trade with other...
Persistent link: https://www.econbiz.de/10011113190
The crash of house prices has become an important feature of macroeconomic crisis. We argue that the crash of house prices driven by contractionary monetary policy is not only a reaction, but also accelerates and amplifies the fluctuations of major macroeconomic variables. The impulse response...
Persistent link: https://www.econbiz.de/10011113782
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
What is the future role for Hong Kong as an international financial centre in China? A few pointers can be found by analysing the role of New York as a national and global financial hub. The financial sector in New York currently employs twice as many people and generates four times as much...
Persistent link: https://www.econbiz.de/10005616971