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Public firms are public economic units that take location decisions or are involved in such decisions. There is a lack of location theories that consider this feature. The literature on public facility location theory mainly concerns location of real capital serving economic units. Attempts to...
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The decision oriented theory of the public firm (Feng, Friedrich 2013) becomes extended. The authors consider that sometimes public firms compete horizontally as well. This can be due to competition among the public owners (e.g. municipalities) considering location choices for public firms they...
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We build China’s national production function based on national accounting data since 1997, when China primarily transformed from the Planned economy to Market. By proxying and measuring stocks of human capital(HC), physical capital and the efficiency units, as well as government expenditure...
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Die demographische Entwicklung der letzten Jahrzehnte in der Bundesrepublik Deutschland sowie in den meisten Industriestaaten tritt immer mehr in den Fokus des öffentlichen Bewusstseins. Der Band "Infrastrukturprobleme bei Bevölkerungsrückgang", welcher anlässlich der Emeritierung von Prof....
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This paper analyzes the structural properties of the shock and rarefaction wave solutions of a nonequilibrium theory of vehicular traffic flow. It shows that this nonequilibrium theory has two families of characteristics: one is slower and the other is faster than vehicular speed. Corresponding...
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