Many studies have investigated the financial results and economic productivity of airlines but few have investigated the productivity or performance of airports, and how changes in the industry may have affected them. Most airports measure performance strictly in accounting terms by looking at...

There is a large literature on the international transmission of financial and other economic crises. This paper borrows from macroliterature to study an industry specific issue. It examines the impact of an industry specific real shock on firms within that industry, but in countries other than...

This paper provides an overview of how the new economy and the Internet have and are likely to change the conduct of business. The Internet creates value on both sides—on the demand side by allowing firms to customize to suit specific consumer needs and on the supply side by reducing...