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This article examines the degree of autonomy of Hong Kong’s Airport Authority (AA). Traditionally, airport management in Hong Kong was the responsibility of the government’s Civil Aviation Department. The AA was established in 1995 to manage the new international airport at Chek Lap Kok...
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chooses the degree of privatization and import tariff to maximize national welfare. The paper examines the policy effects on … linear demand and quadratic costs, the equilibrium prices, firms' outputs, welfare and tariff rates are the same under … calls for a higher optimal tariff rate. This result does not carry over to the case of increasing marginal costs, although …
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but offsetting in Hungary and Romania, and from small effects of all types in Russia and Ukraine. The positive employment …
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privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and …
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