In this paper a model, based on the nested multinomial logit model, is used to analyze airport competition and airline competition in a multiple airport region. It is shown that if the frequency elasticity of demand is smaller than 1, airfare-frequency and airport tax equilibria exist and are...

This paper presents the findings a meta-analysis identifying the causes of variation in the impact of monetary policies on economic development. The sample of observations included in our meta-analysis is drawn from primary studies that uniformly employ Vector Autoregressive (VAR) models. Our...

The paper focuses on the Trans Alpine Freight Transport systems in the light of the future integration of single national transport systems into the European transport network. The environmental, social and institutional peculiarities of this 'region' have favoured - in the past - the...

Our world is turning into an urban world. This New Urban World prompts a great variety of research and policy challenges. The present paper seeks to map out such challenges and to explore new roads for a strategically-based urban planning for the future of our planet. An exploratory tool...

This paper offers an analysis of errors in stochastic forecasts in case of economic shocks, on the basis of local intangible investments and historic cultural persistence in Greece. The main objective of the paper is to demonstrate that local culture is a factor of significance for resistance to...

The authors provide the first theoretical analysis of a one-sector, discrete-time, Schumpeterian model of growth in a regional economy in which consumers are risk neutral, there is no population growth, monopolistic entrepreneurs produce intermediate goods, and a single consumption good is...