This paper applies a model in which a local market served by high-speed rail (HSR) and an airline is connected with an international market serving two different airlines. Our aim is to assess the necessity for a ban on short-haul flights from an economic policy standpoint and to investigate the potential for market self-regulation to…
A lot of research has been dedicated to solving combinatorial optimization problems during past decades, both in the Operations Research field and in Artificial Intelligence. As a result, researchers and/or practitioners are able to choose between a wide range of both exact and approximate techniques when faced with an optimization problem of that type. Nevertheless,…
Abstract Debit card payments are the cornerstone of the cashless economy. They exemplify the transfer of monetary balances, enabling on-the-spot transactions through online, real-time, electronic networks. While debit cards were an aspiration in the 1960s, it was during the mid-1970s that the first significant attempts were made to make these aspirations a reality in the…
Abstract This study seeks to explore the main factors influencing Thai female consumers purchasing behavior and identify the relationship between consumer behavior and sales objectives of Korean Cosmetic brands I. The data was collected in the form of an online questionnaire which was divided into 5 subsections. This was followed by 1) Demographic data 2)…
The increase in the fragmentation of production across countries and the subsequent growth in the trade of intermediate products have raised concerns about the suitability of conventional trade statistics to understand the economic consequences of trade. Several authors have attempted to disentangle value added content of trade. This technical report proposes a novel framework that…
El eminente economista Paul De Grauwe, en la víspera del día de la ceremonia en la que tendrá lugar su investidura como Doctor Honoris Causa de la Universidad de Murcia, impartirá un seminario/conferencia dirigido a los estudiantes del programa de doctorado DEcIDE y, en general, a todos los estudiantes y profesores de la Facultad de…
La investigación científica y la divulgación, esto es poner al alcance de un público más amplio son dos caras de una misma moneda, pero no es lo mismo. Entre los científicos y también entre los economistas encontramos a grandes investigadores que con el paso de los años también se han convertido en divulgadores muy populares…
This study models the relative expenditure of tourists in terms of budget allocation as a function of a set of co-variables. The purpose is to model how the tourist distributes its budget among the different items, what are the characteristics of the tourist that infer a certain relative spending pattern and if this pattern has…
While all research and data collections in the past year has been focused on the damaging impact of Covid19 on the national and international level, as an unprecedented phenomenon that is greater in its negative magnitude than the great depression of 1929-33, this project is centered around the other side of the coin. We will…
The growth and productivity performance of emerging market and developing economies since the 2008 global financial crisis failed to repeat the achievements of the previous decade. Besides frustrating expectations that they might become the new growth pole in the global economy, their convergence to per capita incomes of advanced economies has suffered a setback. Nonetheless,…
