The article represents the economic valuation of the Landscape Development and Protection Area of Volčji Potok. For this purpose we combined classical contingent valuation with a closed-version of discrete choice method, where the protest responses have been removed. By using econometric analysis we obtained the value of willingness-to-pay and established its determinants. We also made an attempt to control for different biases that arise in such analyses. The present analysis represents one of the very few applications of the method to Central and Eastern European countries.
COBISS.SI-ID: 1489550
The main purpose of this study is to provide stronger quantitative evidence in the field of organizational absorptive capacity research by using a more direct measure of absorptive capacity and a wide range of variables in a cross-nationally tested structural model. The results show that there exist two kinds of absorptive capacity: demand-pull and science-push. Their most important determinants proved to be internal R&D, training of personnel, innovation co-operation and attitude toward change. Both kinds of absorptive capacity are positively related to product and process innovation output.
COBISS.SI-ID: 1546638
The article analyzes the admission fees that foreign and domestic tourists are willing to pay, respectively, for the National Museum of Iran, and examines the relationship between the tourists’ willingness-to-pay and their various socio-economic, geographical, and psychological characteristics. It was established that the two segments of tourists differ substantially, both in their characteristics and in their behavior. Unlike for domestic tourists, the entrance fees that foreign tourists are willing to pay are substantially higher than the current single entrance fee, while higher entrance fees would not decrease the consumer surplus significantly. The findings, if applied with caution, could provide museum managers with the rationale for adopting dual pricing and with practical directions for setting such schemes.
COBISS.SI-ID: 1683854
This paper documents that a large fraction of trade flows at the firm level consists of simultaneous imports and exports in identical products, narrowly defined at the 8digit product classification, which we call pass-on trade (POT). We use data on imports and exports at the firm and product level for Slovenian manufacturing firms in the period 1994–2008, to show that, on average, 70 % of all exporting firms engage in POT. This corresponds to more than 50 % of all exported products. Thus, imported products that are exported again by the same firm is a statistical regularity of trade of Slovenian manufacturing firms. We document that the use of POT is increasing in firm size, product diversification, multinational status as well as firm productivity and profitability. We offer and explore empirically a number of explanations for POT. Among possible explanations, we find evidence on the importance of firms’ multinational networks and demand complementarities between firms’ own and POT products. The latter confirms the theoretical explanations for carry-along trade (CAT) as developed by the recent work of Bernard et al. ( 2012 ). The paper as the first in the world reveals an interesting phenomenon that firms simultaneously import and export identical products. This is a completely new discovery, which has not been investigated yet. Something similar was found by Verdoorn in 1960 when he documented that Benelux countries trade between themselves with similar products (intra-industry trade). This was in contrast to the then valid comparative advantage theory. Our paper reveals similar phenomenon at the firm level. This discovery of POT trade is in contrast to the valid theories of foreign trade, which foresee that firms export only the products they are themselves producing – therefore, adequate theoretical explanation will still have to be developed in the future.
COBISS.SI-ID: 21109990
We establish a set of stylised facts for trade and trading firms in five market services sectors using comparable firm- and activity-level data from four EU countries. Our analysis shows that exports account for much lower shares of overall sales in the services sectors than in manufacturing. This is because fewer firms are engaged in trade in the services sectors and also because within particular sectors firms trade a lower share of their sales on average. Services producers trade mostly goods, but in terms of value, trade in services is much more important to them than to manufacturers. Larger and more productive firms are more likely to be two-way traders and to engage in both goods and services trade. Trade by services firms is somewhat less dominated by firms that both export and import than trade by manufacturing firms. Few firms export many services or to many countries. The value of services exports is increasing in the number of markets served but not necessarily in the number of services traded.
COBISS.SI-ID: 512381308