This paper provides theory and evidence examining the importance of information transfers in international trade. Information is modeled as an endogenous fixed cost of trade that enters as input into market-specific product appeal. Differences in bilateral communication costs, information...

Purchasing goods from distant locations introduces a significant lag between when a product is shipped and when it arrives. These transit lags are trade barriers for firms facing volatile demand, who must place orders before knowing the resolution of demand uncertainty. We provide a model in...

A summary is given of research evaluating the economic effects of existing and prospective federal policies governing intercity and international freight and passenger transportation enterprises in the economy of the United States. The analysis encompasses all modes of transportation, including...

Hauptziel dieser Arbeit ist die Erstellung eines Modells zur Ermittlung routenspezifischer Passagierzahlen. Dieses Modell soll aktuelle Passagierzahlen erklären und damit zukünftige routenspezifische Passagierzahlen vorhersagbar machen. Ein solches Modell existiert bisher nicht. Allerdings...

Eine Besonderheit bei der Bereitstellung von Dienstleistungen - im Vergleich zur Güterproduktion - liegt in der Notwendigkeit der zeitgleichen Zusammenkunft von Anbietern und Nachfragern. Wartezeiten entstehen immer dann, wenn einer von beiden nicht zum verabredeten Termin erscheint oder mehr...

University-industry partnerships (UIPs) are widely viewed as essential in leveraging research capability and economic performance in organizations and the nation as a whole. In Australia, as in many other countries, the national government commits significant funds to such ‘strategic’...

Equity markets in developing and emerging economies have grown in number and importance as a result of financial market globalisation. However, their role in economic growth and development is enhanced if nascent markets are integrated with well-established ones. Market integration, measured by...

This paper attempts to provide alternative estimates of income distribution in South Africa, utilizing data that allow us to evaluate income, distribution across time, reducing dependence on the vagaries associated with individual surveys. In particular, we attempt to arrive at racial...