In this paper we present an economic model to analyze the impact produced by changes of tourist's income on the demand for tourist services and on the investments of hotels on environmental quality. The ingredients of the model are an oligopoly tourist market with a vertical product...

In this paper we analyze the rationality that sustains the public investments on white elephants applied to the construction of tourist facilities in Mexico. The main result of this paper is that there exist two kinds of rationalities in the construction of white elephants. One is a similar...

This book covers the multi-faceted incentives, trade-offs, and challenges associated with the economics and politics of resource efficiency investments. By contributing a wide range of empirical evidence, practitioners' insights, and policy perspectives, this book carefully examines the role of...

This paper investigates the impact of technical progress on the relationship between competition an investment. Using a model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I find that technical progress, which increases the...

This paper investigates the relationship between competition and investment in the wireless industry from a dynamic perspective. Using firm level data and instrumental variable estimation strategy, it finds that the relationship is inverted-U shaped, with an investment maximising intensity of...

This book covers the multi-faceted incentives, trade-offs, and challenges associated with the economics and politics of resource efficiency investments. By contributing a wide range of empirical evidence, practitioners' insights, and policy perspectives, this book carefully examines the role of...