There is an ongoing debate in the literature about the quality content of Chinese exports and to what extent China poses a threat to the market positions of advanced economies. While China’s export structure is very similar to that of the advanced world, its export unit values are well below...

Replaced with revised version of paper 10/06/06.

In dieser Studie analysieren wir die Interaktionen zwischen Multiproduktwettbewerb und drei Aspekten von Innovation: Research Joint Ventures mit asymmetrischen Unternehmen, Neue Produkteinführung, und Innovation mit Multiproduktunternehmen. Wir untersuchen Mechanismen und Effekte, die einen...

This paper presents empirical evidence that endogenous fixed costs play a central role in determiningthe equilibrium structure of the supermarket industry. Using the framework developedin Sutton (1991), I construct a model of supermarket competition where escalating investment infirm level...

This paper proposes a new framework to include the interaction of vertically differentiated goods, which was largely ignored in previous studies, to analyze the market power of exporters and importers in world markets of agricultural commodities. The framework is applied in an empirical study of...

Over the last few decades there has been a great increase in the number of cars in the United States. Given the importance of vehicle ownership on both transport and land-use planning and its relationship with energy consumption, the environment and health, the growth in the number of vehicles...

This study presents a set of models for predicting incident duration and identifying variables associated with the incident duration in the state of Maryland. The incident database for years 2003 to 2005 from the Maryland State Highway (MDSHA) database is used for model development, and year...

The multinomial logit model in discrete choice analysis is widely used in transport research. It has long been known that the Gumbel distribution forms the basis of the multinomial logit model. Although the Gumbel distribution is a good approximation in some applications such as route choice...

A large body of literature studies the issues of the option price and other ex-antewelfare measures under the microeconomic theory to valuate reductions of risks inherentin environment and human health. However, it does not offer a careful discussion of howto estimate risk reduction values using...