Heitmann, Nadine; Rehdanz, Katrin; Schmidt, Ulrich - 2011
The Kiel Canal in Germany connects ports on the Baltic Sea with the rest of the world and is the most-used artificial … waterway in the world. Despite this fact, it generates a balance sheet loss. Revenues, which are mainly generated by the … the canal generate a balance sheet profit? In this paper, we focus solely on the canal's revenue. Because the canal is a …