The nature of the international traffic demanded uniting of the rules by which it is being executed. This process is performed by unification aiming to create uniform rules and harmonization/adjustment of rules that were not identical but had a common goal - the opening of the European railway...

High-speed rail is a new mode of intercity passenger transportation. The article reviews the history of the United States' (US) HSR development and makes a comparison with peer countries' HSR development. With the rapid progress of HSR and the successful competition with cars and air travel...

We study the impact of international long-distance flights on the global spatial allocation of economic activity. To identify causal effects, we exploit variation due to regulatory and technological constraints which give rise to a discontinuity in connectedness between cities at a distance of...

We study the impact of international long-distance flights on the global spatial allocation of economic activity. To identify causal effects, we exploit variation due to regulatory and technological constraints which give rise to a discontinuity in connectedness between cities at a distance of...

The launch of the International North-South Transport Corridor (INSTC) and its connection to latitudinal transport corridors will enable the creation of a single Eurasian transport framework. Significantly shorter delivery time is the key advantage that the INSTC will have relative to the other...

Flüssige Kraftstoffe werden auch künftig eine bedeutende Rolle spielen. Andere Energiestoffe haben es schwer sich auf dem Markt durchzusetzen, teilweise weil die Infrastruktur fehlt und teilweise weil weltweit ein riesiger Fuhrpark aus Fahrzeugen mit Verbrennungsmotoren, deren Lebensdauer...

Natural disasters cause economic damages and may exacerbate disparities in income distribution among countries across the globe. This article employs satellite data on real-time active fire locations to evaluate the short-term impact of forest fires on economic inequality around the world. Using...

Departing from prior work that demonstrates the stickiness and stability of alliance networks resulting from embeddedness, we extend matching theory to study firms' withdrawal from alliances. Viewing alliance withdrawal as a result of firms' pursuit of more promising alternative partners –...

In the wake of global recession, governments worldwide face increasing pressures to assist ailing domestic industries, especially companies deemed "too big to fail." The auto sector provides an excellent illustration of the tensions between the need to rescue ailing domestic producers without...

In 2016, the International Maritime Organization (IMO) decided on global regulations to reduce sulphur emissions to air from maritime shipping starting 2020. The regulation implies that ships can continue to use residual fuels with a high sulphur content, such as heavy fuel oil (HFO), if they...