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Cultural allegiances whether inherited, imposed or chosen, affect economic activity. Many of these cultural layers – ethnic background, religion, language, ideological orientation, and artistic interests – spill over national boundaries. Cultural ideas travel the world along many routes from...
Persistent link: https://www.econbiz.de/10014023796
In a short period of time virtual currencies have gained significant traction and become an economic reality, with Bitcoin being the most dominant among over 500 virtual currencies. Bitcoin and other virtual currencies present a particularly difficult and unique jurisdictional challenge to...
Persistent link: https://www.econbiz.de/10012970054
During 2013, the U.S. Treasury Department evoked the first use of the 2001 Patriot Act to exclude virtual currency provider Liberty Reserve from the U.S. financial system. This article will discuss: the regulation of virtual currencies; cybercrimes and payment systems; darknets, Tor and the...
Persistent link: https://www.econbiz.de/10012973517
Using recent cross-country data for over a hundred nations, this paper examines the effects of various disaggregated tourism policy measures on economic growth. Based on standard growth theory, the model uniquely incorporates tourism variables disaggregated across various dimensions of tourism...
Persistent link: https://www.econbiz.de/10013046528
The dynamic development of the sharing economy is clearly seen in particular, in the area of tourism in large cities. There is, therefore, an increasingly urgent need to study its impact on the functioning of cities, especially when they implement a sustainable development policy. Therefore,the...
Persistent link: https://www.econbiz.de/10012132289
By now, almost every business has an internet presence, and is likely engaged in e-commerce. What are the major risks perceived by those engaged in e-commerce and electronic payment systems? What potential risks, if they become reality, may cause substantial increases in operating costs or...
Persistent link: https://www.econbiz.de/10012948237
elaborate two models depending on the origin (domestic or foreign) of the tourists. For the domestic demand, we use a panel of … annual data on the 17 regions of origin of tourists during the period 1999-2006. For the international demand, we use another … annual panel of 24 countries of origin of tourists for the same period. The estimated elasticities suggest that both domestic …
Persistent link: https://www.econbiz.de/10014046763
We study the international protection of consumer data in a model where data usage benefits firms at the expense of their customers. We show that a multinational firm does not balance this trade-off efficiently if its data usage lacks (full) transparency or if consumers’ privacy preference...
Persistent link: https://www.econbiz.de/10012238474
This dissertation was prepared by Alexander-Nikolai Sandkamp, completed in September 2018 and first published online by LMU Munich in February 2019. It consists of four selfcontained chapters that empirically investigate different trade dampening phenomena using gravity analysis. The first two...
Persistent link: https://www.econbiz.de/10012484009