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One of the main pillars of efficient airport operations is cost-minimization. Unit costs of operation with respect to the level of passengers served are a possible proxy to measure the cost efficiency of an airport. Due to compound production framework and sophisticated political-economic...
Persistent link: https://www.econbiz.de/10010409421
One of the main pillars of efficient airport operations is cost-minimization. Unit costs of operation with respect to the level of passengers served are a possible proxy to measure the cost efficiency of an airport. Due to compound production framework and sophisticated political-economic...
Persistent link: https://www.econbiz.de/10010890083
The completion of the European internal market by 1992 is one of the EC Commission’s key objectives. European integration is to be given fresh impetus by removing remaining frontier controls and trade barriers, liberalising public procurement and limiting the number of sectors protected from...
Persistent link: https://www.econbiz.de/10011556610
This paper outlines some first results from a study on the technical efficiency and total factor productivity (TFP) of 17 international airports in Germany. The analysis was undertaken with panel data from 1998 - 2002. According to the Malmquist-DEA the performance at nearly every airport...
Persistent link: https://www.econbiz.de/10009744507
Persistent link: https://www.econbiz.de/10011505272
Das Verbundforschungsvorhaben untersuchte regional differenzierte Änderungen agrarrelevanter Extremwetterlagen in Deutschland und deren Auswirkungen auf die Landwirtschaft einschließlich Sonderkulturen und Forstwirtschaft. Auswertungen der Stationsdaten von 1961 bis 2013 des Deutschen...
Persistent link: https://www.econbiz.de/10011284465
Small and regional airports often have insufficient revenues to cover their costs. The question is how such airports could be efficiently structured, managed and financially supported. Some airports are operated individually and receive direct subsidies from the local and federal governments....
Persistent link: https://www.econbiz.de/10011284017
In this paper, we study the dynamic interdependencies between high-frequency volatility, liquidity demand as well as trading costs in an electronic limit order book market. Using data from the Australian Stock Exchange we model 1-min squared mid-quote returns, average trade sizes, number of...
Persistent link: https://www.econbiz.de/10010263738
Various panel models were presented to resolve the ranking of global health care systems according to efficiency. However, in terms of the spatial distribution of statistical units, spatial dependence as a result of various forms of spatial interactions caused biased estimators in classical...
Persistent link: https://www.econbiz.de/10010294387
We apply a multivariate multiplicative error model (MMEM) and investigate effects in the simultaneous processes of high-frequency return volatilities, trading volume, and trading intensities on the Italien Electronic Interbank Credit Market (e-MID). Analysing five minutes data from the Italian...
Persistent link: https://www.econbiz.de/10011666920