Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

Results found: 2

first rewind previous Page / 1 next fast forward last

Search results

help Sort By:

help Limit search:
first rewind previous Page / 1 next fast forward last
1

LIBERALIZÁCIA SEVEROATLANTICKEJ LETECKEJ DOPRAVY A HOSPODÁRSKA KRÍZA – REGRESNÁ ANALÝZA

100%
Grančay M.
Ekonomický časopis (Journal of Economics)
|
2012
|
vol. 60
|
issue 4
406 – 419
EN
The goal of the paper is to analyse impacts of the North Atlantic air transport liberalization on passenger flows, using regression analysis. The Open Skies agreement between USA and the EU, in effect since 2008, is currently the highest existing form of intercontinental air transport liberalization and is widely considered to be a vital breakthrough in the 60-year old fight to normalize the industry and subject it to the competitive powers of the market. Positive impacts of the Agreement have been largely outbalanced by the adverse effects of the global economic crisis – the number of North Atlantic passengers decreased by 1,8 million (7.3 per cent) from 2007 to 2009. Using linear regression models we come to the conclusion that had the Open Skies agreement not been signed, the decrease would have been by 3 million annual passengers more dramatic. As a result we claim that liberalization of air transportation has positive impact on the volume of traffic even in the times of crisis.
2

REGIONAL STRUCTURE OF FOREIGN DIRECT INVESTMENT IN SLOVAKIA – A DISTRICT-LEVEL GRAVITY-TYPE MODEL 2009 – 2016

63%
Dudáš T., Grančay M.
Ekonomický časopis (Journal of Economics)
|
2019
|
vol. 67
|
issue 8
811 – 836
EN
The paper develops a district-level gravity-type model of foreign direct investment (FDI) stock in Slovakia using Poisson Pseudo Maximum Likelihood estimation based on the most recent investment data compiled by the National Bank of Slovakia (NBS). Population and wages as well as distance from Bratislava, access to freeway and presence of universities are shown to be statistically significant determinants of FDI stock. The statistical significance of distance from regional capital and size of the largest city could not be established, which we believe is a result of the small size of Slovakia’s districts, dense network of public transportation and a low number of cities of the size required for agglomeration economies. The estimated single-core gravity-type model is robust to different specifications of distance, use of different estimation methods and omission of outliers.
first rewind previous Page / 1 next fast forward last
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.