Showing 181 - 190 of 397
In standard economic growth theory it is assumed that labor force follows exponential growth, a not realistic assumption. As described in Maynard Smith (1974), the growth of natural populations is more accurately depicted by a logistic growth law. In this paper we analyze how the Ramsey growth...
Persistent link: https://www.econbiz.de/10005094696
The Solow growth model assumes that labor force grows exponentially. This is not a realistic assumption because, exponential growth implies that population increases to infinity as time tends to infinity. In this paper we propose replacing the exponential population growth with a simple and more...
Persistent link: https://www.econbiz.de/10005062753
Persistent link: https://www.econbiz.de/10005649828
In this short paper we analyze the impact of tourist demand in hotel rooms on the investment of hotels on environmental quality. We show that when income of the tourists increases, then to maintain the demand for rooms, the hotels must in-crease the investment on the environmental quality of the...
Persistent link: https://www.econbiz.de/10005836929
In standard economic growth theory it is usually assumed that labor force follows exponential growth. That is not a realistic assumption. In this paper we introduce a generalized logistic equation (Richards law) that describes more accurately population growth. Then we analyze the neoclassical...
Persistent link: https://www.econbiz.de/10005125626
In this paper we introduce the concept of economic regime. We review the basic notions and different definitions of economic regime and regime switching to describe how these notions appear implicitly or explicitly in different areas of the economic literature. Then we introduce a method to...
Persistent link: https://www.econbiz.de/10005148424
This paper investigates residents' preferences towards cruise tourism investment in their home port. The research uses data collected during the peak cruise season in 2011 at Messina, a port of call in Sicily, Italy. A generalized ordered logit analysis is run to analyse what factors influence...
Persistent link: https://www.econbiz.de/10009646516
This paper studies the determinants of repeat visiting in Uruguay, where loyal visitors are a relevant part of the total. From a statistical point of view the number of times a visitor has been to a place constitutes count data. In this regard available information on Uruguay present relevant...
Persistent link: https://www.econbiz.de/10009652914
This paper describes the dynamics of the economic performance of the sub-national Mexican states from 1970 to 2006; the used state variables are the levels and the growth rates of the GDP per capita. The authors situate his approach in a conceptual and methodological panorama of the existent...
Persistent link: https://www.econbiz.de/10009291558
In this study we analyze perception of authenticity by visitors of South Tyrol's museum of archeology, best known as Otzi museum, in the Autonomous Province of Bolzano (Italy). With the help of factor analysis we individuate two factors related to authenticity and study the determinants of the...
Persistent link: https://www.econbiz.de/10009320758