This article examines the prices paid for 700 MHz licenses in recent Federal Communications Commission auctions. Econometric modelling confirms the presence of economies of scale and scope in wireless spectrum valuations. That is, higher prices are recorded for areas with large populations,...

The demand for Thailand's international tourism by 10 major tourist origins was estimated. Income elasticities of demand for tourism are all found positive. It is elastic for rich countries, unitary for Japan and France, and inelastic for neighbouring countries. The continual growth of the world...