This paper addresses the important issue of transboundary sharing of fresh surface water resources, including quantity and quality dimensions. It carves a simple economic model of the benefits which can be generated by maximizing the joint profits earned, when the resource is shared efficiently...

The main purpose of this paper is to construct indices of tourist development in the case of 51 prefectures (nomoi, NUTS III regions) of Greece and use them for the evaluation of tourist-regional policy. The paper is based on the development of a composite Regional Tourist Development Index that...

The relationship between innovation and economic performance is estimated for Greek SMEs using ICAP 1999 micro data and a CDM four equation model. The empirical analysis shows an unwillingness of the Greek private sector to invest in R&D and the low productivity of innovation.

A brand is a mean of product differentiation and a kind of a sign by which we can distinguish one commodity from another. Consumers' utility, as well as commodity prices are affected by brands. Therefore, the market positioning of branded products is important for firms, too, since it affects...

This paper applies an equilibrium quality theory for differentiated products to estimate the willingness to pay for improvements in the air quality of Chicago, Cleveland, Dallas, Houston, and Indianapolis. The empirical results show (i) that the structural approach and the standard...