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This paper employs Vector Autoregression (VAR) models to measure the impact of monetary policy shocks on regional output in Indonesia. Having incorporated a possible structural break following the aftermath of the 1997-98 Asian Crisis, the impulse response functions derived from the estimated...
Persistent link: https://www.econbiz.de/10011386474
The value of travel time plays an important role in cost benefit analysis of infrastructureprojects. However, the issue of uncertainty on travel times and the implications this has forestimations of travel time values has received much less attention in the literature. In thispaper we compare...
Persistent link: https://www.econbiz.de/10011333900
economics literature on tourism. The reason for this interest emerges from both the increasing economic importance of the … tourist sector and the increasing competition on the tourist market as a consequence of the transition from mass tourism to a … new age of tourism that calls for a tailor-made approach to the specific attitudes and needs of tourists. The central …
Persistent link: https://www.econbiz.de/10011349706
The value of travel time plays an important role in cost benefit analysis of infrastructure projects. However, the issue of uncertainty on travel times and the implications this has for estimations of travel time values has received much less attention in the literature. In this paper we compare...
Persistent link: https://www.econbiz.de/10014084986
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