This paper takes a close look at the impact of large-scale overseas emigration - and the resultant inflow of migrant remittances - on the local economy of Mirpur District in Pakistan. No other District in Pakistan has seen a higher proportion of its population engage in transnational migration...

The local budget process is in close connection with the economic development of the territorial-administrative units, firstly because the former implies the collection of budget revenues based on which local authorities provide public services to citizens and ensure the provision of such...

There was (and still is) a lot of speculation about the current performance and structure of the Pietermaritzburg and uMgungundlovu District economy and business environment. The debate is mainly driven by haphazard observations and subjective feelings, thus hampering effective and efficient...

The paper analyzes the on-going process for reforming airport regulation in Italy and in uk. The object is to explore whether an airport «[...] has, or is likely to acquire, substantial market power» and requires formal price regulation, or whether more competitive circumstances may support a...

Recent years have seen a global trend towards the emergence of multi-airport companies operating at a global scale. This paper employs industrial and transaction costs economics to identify the main drivers that shape the patterns of international cross-ownership structures that have emerged in...

This paper investigates the extent to which airports act as venues, the importance that airports place on this type of activity, and whether it is certain categories of airport that are involved in this type of activity. Airports have always been a vital element of business travel in providing...

This paper explores the relevance of spatial effects on airport competition. Drawing concentric circles of travel distances around it is the most commonly way to define an airport’s catchment area. The characteristics of the catchment area and available substitutes are compared, and...

This paper examines the forms and effects of vertical relationships between airports and airlines with a focus on the North American and European aviation markets. We find that such vertical relationships enables those participating to achieve various benefits and may be formed as a competitive...

The European airport industry is subject to various forms of economic regulation and there is debate as to which of the systems provides the best incentives for allocative and productive efficiency. This paper deals with the applicability of benchmarking as a regulatory tool for airports. This...