This paper examines the problem of optimal tax mix analytically in a two-sector growth model with transitional dynamics. Tax revenue is required to provide a pure public good. The key problems are: over-consumption of leisure under labor income or consumption taxes; and under-investment in human...

Purpose: Three adjustment modes are alternatives for mixed-model assembly lines (MMALs) to improve their production plans according to constantly changing customer requirements. The purpose of this paper is to deal with the decision-making problem between these modes by proposing a novel...

China?s open-door policy has attracted foreign investment to China. The foreign direct investment is unequally distributed in Chinese thirty regions. The regions can be grouped after different critiria: the coastal area, the central area and the western area by geographical critirion, or...

LINE model is an interregional macroeconomic model describing the economy of the 275 Danish municipalities. Tourism sub-model is an integrated part of LINE model, where tourism data are built in as a part of private consumption. The purpose of building tourism sub-model within the LINE model is...

The purpose of the paper is to relate the tourism demand model with the traditional theories that explain international trade flows. In the existing tourism literature, tourism flows and tourism demand forecasts are typically explained by the demand-side variables. But in the traditional trade...