Search results for "Economic efficiency"
showing 10 items of 30 documents
Airport Charges Policy as a Tool for Achieving Competitive Advantage in the Aviation Market
2020
Air transportation plays an important socio-economic role, and an airport, as part of the transportation system, is a significant component of the national infrastructure. The airport is not just a provider of aviation services, whose activities are regulated by the state, but is a self-sustainable commercial complex with its own business goals and development strategy aimed at the growth and economic efficiency of operations. Strengthening its position in the Nordic region is the strategic goal of Riga International Airport. Competitive advantage in airport charges policy should contribute to the accomplishment of this strategic goal - Riga Airport should be the first choice for airport tr…
ASSESSMENT OF TOURISM COMPETITIVENESS BY ANALYSING DESTINATION EFFICIENCY
2008
The notion and measurement of destination competitiveness have received increasing attention in the economics literature on tourism. The reason for this emerges from both the growing economic importance of the tourist sector and the increasing competition in the tourist market resulting from the transition from mass tourism to a new age of tourism that calls for a tailor-made approach to the specific attitudes and needs of tourists. The central subject of this paper – inspired by the conceptual competitiveness model developed by Crouch and Ritchie – concerns the efficiency of tourist site destinations. Using a data set of 103 Italian regions for 2001, an economic efficiency analysis is car…
Marketisation of Universities and Legal Education in Poland: The Balance 25 Years After the Transformation
2016
This paper is dedicated to the issue of the marketisation of universities and legal education 25 years after the systemic transformation of 1989 where, in public discourse, communist ideology had been replaced by a neo-liberal one. The process of marketisation is perceived as a way to deal with externalities’ where activities in areas traditionally regarded to be of a non-economic nature are being transformed to operate according to market-oriented model (with competitive market, pursuit for profit, economic efficiency, and cost reduction). The mentioned process has encroached into the sphere of higher education where there is observable departure from Humboldt’s model of university and a s…
The social costs of bank market power: Evidence from Mexico
2008
This paper estimates the social costs of market power (Harberger's triangle) in the Mexican banking system over the period 1993–2005. It also tests the so-called “quiet life” hypothesis which postulates a negative effect of market power on bank management efficiency. The social cost attributable to market power in 2005 is 0.15% of GDP, while that deriving from the cost (profit) inefficiency of banking management is 0.021% (0.075%) of GDP. The results allow us to reject the quiet life hypothesis in the deposits market. However, market power in the setting of the interest rate on loans has a negative effect on cost efficiency. Journal of Comparative Economics 36 (3) (2008) 467–488.
Bases para el análisis económico de los sistemas de compliance penal
2019
Compliance programs and systems of criminal or administrative liability are being increasingly adopted by different countries as measures meant to reduce the social cost of white collar criminality. However, the legal application of these measures does not always ponder correctly the impacts on common good, the levels of economic activity and the adequate functioning of markets of goods and services. Eventually, this situation can lead to undesired effects, such as the inefficiency of the criminal system, the reduction of economic activity or the arising of obstacles to competition. By taking these circumstances into account, in this paper we will utilize the Economic Analysis of Law to ana…
An optimized system dynamics approach for a hotel chain management
2009
The proposed model consists of an integrated system dynamics-data envelopment analysis approach to value, in a dynamic framework, the effects over time of the policies implemented according to the relative efficiency analysis. Rooms’ price and competing facilities (the hedonics) are the decision variables to move in order to push the hotels towards a higher relative efficiency at the end of the observation periods. In fact, in competitive markets as tourism, hotels compete for money offering differentiated quality. Moreover, according to the microeconomic theory, a producer of differentiated goods is not a price taker but a price maker. Therefore, we assume that the decision maker of the ho…
Sustainable tourist development in Italian holiday destinations
2008
This paper argues that tourism, will become a major activity in a modern welfare state, which will have serious consequences for environmental sustainability. This issue calls for an assessment of the pros and cons of the ecological efficiency of tourism. We propose an overall efficiency indicator that comprises both a sustainable tourism index and an economic efficiency index. Based on a data set for Italian provinces and using Activity Analysis, a quantitative assessment of the relative position of Italian tourist destination areas is made from the perspective of sustainable tourism. Copyright © 2008 Inderscience Enterprises Ltd.
Geovisualizing the sail-to-steam transition through vessel movement data
2017
International audience; Technological transitions in the maritime and port industries go along with increased transport and economic efficiency, resulting in faster movements and longer travelled distances. Yet, such transformations may also enhance disparities between winners and loosers, should they be ports or shipping companies. This research focuses on the particular case of the transition from sail to steam over the period 1890-1925, which witnesses the rapid replacement of sailing vessels, the latter concentrating 65% of the world fleet in 1890 but only 3.5% in 1925. It applies a variety of measures to compare how these two layers overlap in the network (at links and ports) and what …
Estimation of urban structural flood damages: the case study of Palermo
2000
Abstract The estimation of flood damage is a fundamental step in the economic analysis of a flood control projects. In particular, frequency–damage functions, derived from the hydrologic, hydraulic and damage relationships, are one of the fundamental pieces of information upon which expenditure decisions are based. The aim of this study has been to develop an empirical frequency–damage relationship, obtained by means of detailed local studies, which could be a judgement tool for flood mitigation measures in strongly urbanised drainage areas. Monuments and other estates having a cultural or artistic significance have been specifically taken into account. The analysis has been carried out for…
Evaluating European railway deregulation using different approaches
2012
Abstract There has recently been a great deal of interest in the impacts of the deregulating and restructuring measures in the European railway sector. A vast amount of literature is devoted to analyzing the effects of these deregulation and restructuring measures on efficiency and productivity and the results are not totally unambiguous. However, while most of the papers show that the introduction of competition within the sector (in both passenger and freight markets) has had a positive impact in terms of efficiency and productivity, the impact of vertical separation has produced different results in the literature. The contribution of this paper to the existing literature is twofold. Fir…