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Panel data analysis is becoming increasingly popular in shipping markets since it enables the employment of a wider … analysis on a balanced panel data set of tankers’ second-hand prices for five different vessel types as cross …
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predictions. The present contribution applies the constrained panel PPML estimator to reconsider the trade creation and trade …
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The tensions between books and book markets as expressions of culture and books as products in profit-making businesses are analysed and insights from the theory of industrial organisation are given. Governments intervene in the market for books through laws concerning prices of books, grants...
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