The purpose of this paper is to explore the correlation between the technological proximity measures in three areas: USA, Japan and Europe. In each economic area, we use information from two international patent systems to construct the technological proximity for 240 international firms. In...

The flow of tourism to a region is highly dependent on its accessibility and the cost of travel represents the main economic factor explaining tourism demand. The arrival of low cost carriers (LCC), with cheaper air fares, greatly leveraged the tourist flow around the world. However, as argued...