In this paper we augment the Bayesian unobserved components model of the EU Commission to estimate the cyclical component of total factor productivity (TFP gap) with a factor structure to include a wide array of business cycle indicators. We demonstrate that this model extension considerably...

In recent years, environmental protection has been a priority goal in tourism policies worldwide, including the regional comprehensive economic partnership (RCEP). This study is conducted to explore the impact of tourism, economic growth, globalization, and human capital on environmental...

The growth of the Internet of Things (IoT) has accelerated digital transformation processes in organizations and cities. However, it has also opened new security challenges due to the complexity and dynamism of these systems. The application of security risk analysis methodologies used to...

Discrete choice experiments are an important method to derive willingness-to-pay estimates for non-market goods. Several studies have shown that willingness-to-pay estimates derived from discrete choice experiments can be sensitive to the order of the presented choice tasks or the size of the...