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Recently, many disruptions have occurred in the environment of companies, mainly caused by the COVID-19 pandemic, but also, for example, by the war in Ukraine and by the sharp increase in fuel prices. The aim of the article was to present the competitive strategies of chosen companies from the garment industry and the impact of environmental instability on the competitiveness of enterprises using the example of the clothing industry in Poland. The author has been conducting comprehensive research in Polish clothing companies since mid-2017, using, first of all, the method of interviews with company management. This article presents partial results of these studies concerning the competitiveness of companies, especially in terms of the instability of the environment. On the basis of the conducted research, it can be concluded that the instability in the environment has a significant impact on the competitiveness of clothing enterprises. In the initial period, the COVID-19 pandemic had a negative impact on the level of logistic customer service. Because of this, availability of clothing in some stores and quality of deliveries to online customers deteriorated. The war in Ukraine also caused a temporary deterioration of the availability of clothing in the case of companies that outsourced production to Ukraine. Instability in the environment resulted in an increase in logistics and production costs, which in many cases resulted in an increase in the price of clothing for the end customer. The COVID-19 pandemic and the increase in fuel prices have reduced the efficiency of outsourcing clothing production in low-cost countries, but in the surveyed companies, this had not caused a shift of production from global to local. The problems resulting from the instability of the environment were more quickly overcome by those companies that were more flexible and that earlier on had diversified their sales channels (i.e., sold both in the stores and via e-commerce customers) and the sources of supply (production not only in low-cost countries but also in the local sewing factories). The research confirmed the significant impact of instability in the environment on the ability to compete with the level of logistic customer service and price. The instability in the environment did not affect the ability to compete with the quality of clothing in the surveyed companies. [ABSTRACT FROM AUTHOR]

The gold mining industry is a major contributor to the economy of Ghana. However, this contribution has been declining over the past decade. This decline coupled with the importance of the industry to the country's economy necessitated the need to analyse the performance of companies within the industry. Therefore, a cost performance analysis of Ghana's major gold mines was done in this paper for the period 2007 to 2016 using industry cost curves. A correlation coefficient analysis was also done to identify the key cost drivers in Ghana. This paper further analysed the cost competitiveness of Ghana's gold mining industry against other gold producing countries in the world. From the analysis, it was found that Newmont's Ahafo and Akyem mines were consistent low unit cost producers. Both mines benefited from economies of scale and high metallurgical recovery rates. On the other hand, AngloGold Ashanti's Obuasi and Golden Star's Bogoso mines were found to be consistent high unit cost producers due to low-productive and labour-intensive underground mining methods used and very low metallurgical recovery rates, respectively. Finally, the study revealed that Ghana's gold mining industry was not cost competitive when compared to other gold-producing countries over the analysis period. [ABSTRACT FROM AUTHOR]

According to empirical studies, a statistically significant factor for German exports success is high cost (or price) competitiveness. Studies by Deutsche Bundesbank recommend correcting the nominal effective exchange rate by broad cost (or price) indicators (Deutsche Bundesbank, 1998, 2016a). This would call for total economy unit labour costs. In contrast to these findings, Dustmann et al. (2014) suggest using refined unit labour costs for the exporting manufacturing sector only, corrected for inputs from other sectors and from abroad in an Input–Output (IO) analysis framework. According to these authors' novel calculation, the export-oriented manufacturing sector of Germany experienced a decrease in unit labour costs by 25% between the mid-1990s and 2007. We try to replicate their findings. Following standard approaches in calculating sectoral unit labours costs, correcting for inputs from other sectors and from abroad, and using consistent input–output data from the Federal Statistical Office and from the World Input–Output Database, nominal unit labour costs of the manufacturing sector did not decrease over the period of analysis, and developed similarly to total unit labour costs. The similarity to total economy costs is also confirmed for a more recent period. In contrast to these authors' claim, our findings are in line with recommendations of Deutsche Bundesbank for using total economy unit labour costs. [ABSTRACT FROM AUTHOR]

The aim of this paper is to analyse the effects of quality competitiveness based on technological innovation on the bilateral trade of goods. Our approach is based on the estimation of an import demand model that uses the data for 19 manufacturing sectors across 28 OECD countries over the period of 1998–2012. In the first step, to identify quality from prices, the logarithm of unit value (a proxy of price) is regressed on the logarithm of private R&D expenditure (a proxy for quality). The quality‐adjusted prices are derived from the difference between the unit value and its predicted value. In the second step, an import demand function is used to distinguish the effects of quality (private R&D expenditure) from the effects of other factors, such as production costs, which are approximated by the quality‐adjusted prices. The results of the first step indicate a significant positive effect of quality on the prices of imported goods in 7 out of 19 sectors. The results of the second step emphasise significant nonlinear effects of prices and quality on the import demand of goods: when the quality of imported goods is higher, the marginal effect of an increase in quality on the import demand is greater. [ABSTRACT FROM AUTHOR]

This paper explores several renewable energy sources to help Malaysia reduce its carbon footprint. Accordingly, this study employs a partial equilibrium model to examine the potential of the Malaysian agricultural sector to supply biodiesel, bioethanol, and bioelectricity on a commercial scale to mitigate greenhouse gas (GHG). The model includes the fourteen agricultural commodities of Malaysia. The results show that bioethanol is economically feasible with its fossil fuel counterpart, while bioelectricity is almost economically feasible. Both bioethanol and bioelectricity have the potential to offset significant GHG emissions of fossil fuels. Furthermore, this study finds that biodiesel has little mitigation on GHG emissions and cannot compete with diesel. Biodiesel also would expand the agricultural industry, which could raise agricultural prices and hasten deforestation. Therefore, the Malaysian government should further study bioethanol and bioelectricity as two candidates to supply renewable energy and help the nation meets its GHG commitment under the Paris Agreement. This study highlights further research for cellulosic ethanol because it is still in the experimental stage. • The results show that Malaysia could develop a large-scale renewable energy sector by producing bioelectricity or bioethanol from waste biomass. • Bioelectricity and bioethanol could help Malaysia reduce its carbon footprint and meets its commitment of the Paris Agreement. • The results indicate that palm biodiesel is not cost-competitive with diesel and shows modest reductions in carbon emissions. • Large-scale biodiesel production may raise agricultural prices and hasten deforestation. [ABSTRACT FROM AUTHOR]

The purpose of this research is to test the ex-post cost structure effects in horizontal mergers and acquisitions (M&A). Our proposed methodology quantifies cost structure effects empirically to inform competition policy around M&As in the airline industry. The results show that horizontal M&As involving unprofitable firms significantly reduce variable costs and increase fixed costs ex-post. M&As involving only profitable firms show no significant impact on the cost structure. We offer support that the ex-post cost structure effects of airline M&As depend on the incentives to improve efficiency, reflected in the ex-ante performance of the merging firms. We further argue that market behavior may not just depend on market structure but cost structures too, all of which should be accounted for in antitrust decision making and regulation around airline M&As. • Horizontal M&A involving unprofitable firms significantly reduce variable costs and increase fixed costs ex-post. • Horizontal M&A involving profitable firms show no significant impact on the cost structure. • The ex-post cost structure effects of airline M&As depend on the incentives to improve efficiency. • Market behavior may not just depend on market structure but cost structures too. [ABSTRACT FROM AUTHOR]

The changing environment that the Euro has brought to its member countries could have fuelled the deteriorating effect that net capital inflows potentially have on their cost competitiveness. This paper uses a difference-in-differences (DID) approach to assess the effect of the Euro on the relationship between capital inflows, as measured by current account imbalances, and unit labour costs over the period 1993-2007. The sample used consists of annual data for 24 developed economies, comprising both the first EA12 countries as well as non-EA countries, with the latter used as the comparison group in the analysis. We find that the Euro seems to have amplified the deteriorating effect of capital inflows on costs. This finding suggests that the Eurozone should monitor cumulative current account imbalances, the associated inflows of capital, and the potential vulnerability of each country to the detrimental effects that capital inflows may have on their economies. [ABSTRACT FROM AUTHOR]

We investigate the economic feasibility of bioelectricity production from biomass in Malaysia and its impact on greenhouse gas (GHG) emissions and storage, agricultural prices, agricultural employment and deforestation. For this purpose, we develop a partial equilibrium model that projects agricultural prices, production, imports, exports, domestic consumption and land use in 5‐year increments between 2015 and 2065. Our results show that by 2030 biomass‐generated electricity can supply 36.5 per cent of the electricity generated in Malaysia, 16 times more than the 2016 electricity supply from biomass. Increased bioelectricity production from biomass will significantly reduce GHG emissions and will help Malaysia meet its commitment in the Paris Agreement to mitigate GHG emission by 45 per cent before 2030. Our modelling shows that biomass‐generated electricity creates a derived demand for waste biomass that expands the area of oil palm plantations. The expansion lowers agricultural prices, boosts agricultural employment and leads to some deforestation as landowners clear rainforest to plant oil palm trees. Nonetheless, the deforestation does not increase GHG emissions since GHG gains from bioelectricity significantly exceed GHG losses from deforestation. [ABSTRACT FROM AUTHOR]

Cost competitiveness of Small and Medium Enterprises (SMEs) in developing countries such as Pakistan can be improved using lean manufacturing premise. Benefit realization of lean implementation has been a challenge because of implementation cost and employees' ownership. This study aims at developing a lean implementing methodology for SMEs that can help in designing and implementing low-cost interventions by involving stakeholders especially employees and management in the implementation process. The proposed methodology is a seven steps cyclic approach based on the concept of continuous improvement where lessons learned from the implementation process provide opportunities for organizational learning. These could help in developing sustainable organizational change. The proposed methodology has been validated through a case study. Different tools and techniques like processflow analysis, line balancing, time study, fishbone diagram, TAKT time, Work-in-Process (WIP) have been used to quantify key Performance Indicators (KPIs). As mentioned that the implementation approach is based on the participation of stakeholders; so, KPIs have been quantified at pre and postintervention phases where low-cost interventions suggested by the employees have been implemented and their effects in terms of performance improvements have been quantified. Results indicate that as a result of the implementation of interventions Work-in-Process (WIP) and Batch travel distance (BTD) is reduced by 64% and 86%, respectively. It is also found that the average production per day and line balancing efficiency is improved by 38% and 133%, respectively. Furthermore, the suggested interventions help in achieving higher labour productivity by reducing the number of workers 22%. It is concluded that the development and implementation of low-cost interventions through active participation of employees, during the process of lean implementation, can significantly improve the process performance, which ultimately leads to achieving cost competitiveness in SMEs. [ABSTRACT FROM AUTHOR]

This paper provides insights into productivity in dairy processing companies in Slovenia, Croatia and Serbia. The aim is to find out whether EBITDA per employee, as a measure of overall productivity as well as labour and capital productivity and their management positively affect company’s profitability. Literature review shows that this issue was relatively neglected, although increase in productivity is regarded as the most important factor in maintaining a competitive advantage in most developed countries. Results obtained show that comprehensive measure of productivity EBITDA per employee has statistically significant positive impact on company’s profitability, the same as productivity management components labour cost competitiveness and capital productivity.

In this paper a model is developed to analyse and compare the transport costs of intermodal inland waterway transport and road-only-transport. The influence of the economies of scale in inland waterway transport and terminal operations are taken into account in the analysis. In the model the transport costs are defined and related to different transport operations and conditions (e.g. share of empty kilometres, capacity usage of terminals, etc.) in order to analyse the sensitivity of the cost performance of intermodal inland waterway transport. By doing this it is possible to analyse to what extent intermodal freight transport is competitive with road-only transport in terms of transport costs and specific operations and conditions (both in shipping and terminal). The conclusions prove that roundtrips, drop & pick operations in pre- and end-haulage and smaller containers (20 ft instead of 40 ft) considerably improve the competitiveness of intermodal inland waterway transport, while the relative high cost operations in small terminals reduce the competitiveness of intermodal inland waterway transport.

Summary Rural electrification rates in India lag behind government goals, in part due to the inability of distribution companies (discoms) to fund central grid expansion. In the absence of central grid electrification, mini-grids offer significant potential for an immediate pathway toward rural electrification and the attendant gains in economic growth and productivity. Yet private investment in mini-grids has been virtually absent in India. Using a comprehensive life-cycle cost analysis, we find that mini-grids based on solar PV power and storage are more economical than incumbent energy services available to households without central grid connection. Under current law, a prospective entrepreneur in India does not require a license or certification in order to build a mini-grid and subsequently provide electricity services in the area covered by said installation. Conversely, there is no legal or regulatory framework that specifies what is to happen if the central grid were to be extended to an area that is already covered by a mini-grid. We report detailed survey evidence from interviews with entrepreneurs, analysts and policymakers whose assessments converge on the same point: mini-grid investments would be jeopardized in the event of central grid extension, precisely because discoms would, by regulatory order, provide electricity services at highly subsidized rates, well below their full economic cost. Our fieldwork suggests that the threat of central grid extension is a gateway barrier preventing mini-grid development in India. The issues associated with the gateway barrier have common elements with the so-called holdup problem as identified in the economics of organizations. There have been two recent federal policy guidelines and one actual state-level policy addressing the regulatory status of mini-grids. We examine the effectiveness of these policies/proposals in terms of an entrepreneur’s willingness to develop mini-grids in the future. [ABSTRACT FROM AUTHOR]

This paper assesses the relationship between public and private wages in the EU, as measured by general government and manufacturing compensations, respectively. We find that the long-run relation between the two is stronger when the government is a large employer. Manufacturing compensations are better aligned with productivity and unemployment when general government compensations, to which they generally respond, are set through bargaining. Finally, manufacturing compensations react in the same way whether those in the general government sector are increased or cut, a relation that seems to hold also under fiscal consolidation provided the government is a large employer. JEL Classification: C32, E24, E62, H59 [ABSTRACT FROM AUTHOR]

Solar photovoltaic (PV) installations in the United States have been deployed at a rapid pace in recent years, a development that is attributed in significant part to the federal Investment Tax Credit (ITC). Yet, this credit is scheduled to step-down from 30% to 10% at the beginning of 2017 for corporate investors. For a sample of five U.S. states and different segments of the solar industry, we find that the anticipated ITC step-down in 2017 would increase the levelized cost of solar power by a significant margin, raising the specter of a ‘cliff’ for the solar industry. Our analysis identifies and evaluates an alternative phase-down scenario that would reduce the ITC gradually over time and eliminate it completely by 2024. For this alternative phase-down scenario, it is shown that solar PV would remain broadly competitive, provided the solar industry can maintain the pace of cost reductions demonstrated in past years. [ABSTRACT FROM AUTHOR]

The European Union (EU) imports a large amount of natural gas, and the injection of renewable hydrogen (H 2) into the natural gas systems could help decarbonize the sector. The new geopolitical and energy market situation demands urgent actions in the clean energy transition and energy independence from fossil fuels. This paper aims to investigate techno-economic analysis, barriers, and constraints in the EU policies/frameworks that affect natural gas decarbonization. First, the study examines the levelized cost of hydrogen production (LCOH). The LCOH is evaluated for blue and grey hydrogen, i.e., Steam Methane Reforming (SMR) natural gas as the feedstock, with and without carbon capture, and green hydrogen (three type electrolyzers with electricity from the grid, solar, and wind) for the years 2020, 2030, and 2050. Second, the study evaluates the current policies and framework based on a SWOT (Strength, Weakness, Opportunities, and Weakness) analysis, which includes a PEST (Political, Economic, Social, and Technological) macro-economic factor assessment with a case study in Portugal. The results show that the cheapest production costs continue to be dominated by grey hydrogen (1.33 €/kg.H 2) and blue hydrogen (1.68 €/kg.H 2) in comparison to green hydrogen (4.65 €/kg.H 2 and 3.54 €/kg.H 2) from grid electricity and solar power in the PEM - Polymer Electrolyte Membrane for the year 2020, respectively. The costs are expected to decrease to 4.03 €/kg.H 2 (grid-electricity) and 2.49 €/kg.H 2 (solar – electricity) in 2030. The LCOH of the green grid-electricity and solar/wind-powered Alkaline Electrolyzer (ALK) and Solid Oxide Electrolyzer Cell (SOEC) are also expected to decrease in the time-span from 2020 to 2050. A sensitivity analysis shows that investments costs, electricity price, the efficiency of electrolyzers, and carbon tax (for SMR) could play a key role in reducing LCOH, thereby making the economic competitiveness of hydrogen production. The key barriers are costs, amendments in rules/regulations, institutions and market creation, public perception, provisions of incentives, and constraints in creating market demand. • The study evaluates the levelized cost of hydrogen production (LCOH). • LCOH of green hydrogen expected to decrease in the time-span from 2030 to 2050. • Investment costs, efficiencies, fuel and electricity prices, and carbon tax are the key variables. • We identify barriers and constraints in the decarbonization of natural gas systems. • Rules/regulations, incentives, and restructuring of market/institution are required. [ABSTRACT FROM AUTHOR]

This paper provides insights into productivity in dairy processing companies in Slovenia, Croatia and Serbia. The aim is to find out whether EBITDA per employee, as a measure of overall productivity as well as labour and capital productivity and their management positively affect company's profitability . Literature review shows that this issue was relatively neglected, although increase in productivity is regarded as the most important factor in maintaining a competitive advantage in most developed countries. Results obtained show that comprehensive measure of productivity EBITDA per employee has statistically significant positive impact on company's profitability, the same as productivity management components labour cost competitiveness and capital productivity . [ABSTRACT FROM AUTHOR]

In this paper a model is developed to analyse and compare the transport costs of intermodal inland waterway transport and road-only-transport. The influence of the economies of scale in inland waterway transport and terminal operations are taken into account in the analysis. In the model the transport costs are defined and related to different transport operations and conditions (e.g. share of empty kilometres, capacity usage of terminals, etc.) in order to analyse the sensitivity of the cost performance of intermodal inland waterway transport. By doing this it is possible to analyse to what extent intermodal freight transport is competitive with road-only transport in terms of transport costs and specific operations and conditions (both in shipping and terminal). The conclusions prove that roundtrips, drop & pick operations in pre- and end-haulage and smaller containers (20 ft instead of 40 ft) considerably improve the competitiveness of intermodal inland waterway transport, while the relative high cost operations in small terminals reduce the competitiveness of intermodal inland waterway transport. [ABSTRACT FROM AUTHOR]

Solar cooling technology is currently facing a very exciting challenge. Air conditioning is a large and growing energy consumer, especially in sunny and developing countries. Worldwide efforts to develop renewable energy solutions must address this critical cooling application. A new Generation of Solar Cooling systems including the coupling between Photovoltaic modules and a reversible heat pump is very promising and able to represent a cost competitive solution both reliable and efficient. To address this new generation of solar cooling, a new IEA Solar Heating and Cooling Program Task, called Task 53 has just started for 3.5 years and will be described. This paper will first concentrate on the description of Task 53 with its objectives and work plan then it will show the first results such as the state of the art of the new generation solar cooling systems. Then, a virtual case study on the cost competitiveness of a PV reversible heat pump installed in Madrid for cooling and heating will be presented, underlining that such a solution already would present a payback time of less than 10 years in the Spanish economical today's conditions [ABSTRACT FROM AUTHOR]

Owing to its strong dependence on exports, Germany was among the economies hit hardest by the financial crisis. But unlike almost all other countries, Germany emerged from the crisis quickly and stronger than before. What lies behind this success story, if at all it is one? The commonplace – neoliberal – answer is that Germany's success is the hard-won reward for strict economic management, combining fiscal conservatism and structural reforms of welfare and the labour market. The latter, by reducing labour costs, fostered competitiveness, boosted growth, and increased employment. “Progressive” economists arguing that Germany beggared its Eurozone neighbours by squeezing workers’ wages, share a similar view. However, this particular explanation of Germany's resilience is wrong and unhelpful. Germany's export success cannot be explained in terms of its (labour) cost competitiveness, but is caused by strong non-price competitiveness. This, in turn, is due – much more than is normally recognized – by the remaining distinctly non-neoliberal dimensions of Germany's economic model (including a Keynesian crisis response). German and European policymakers preaching austerity and structural labour-market changes as the model for other Eurozone countries, misunderstand Germany's rebound from crisis, with serious costs to Eurozone populations. [ABSTRACT FROM AUTHOR]

This article provides an overview of wage developments and their drivers during the twenty-year transformation process in central and eastern Europe and puts this into the context of the lessons for EU accession and candidate countries. The author examines wage developments in the past period and addresses some of the contradictions that arose from the dynamic catching-up process that took place before the crisis. The article also looks at the issue of wage convergence, highlighting the paradoxical case that wage dynamism has proceeded hand-in-hand with declining union density rates and, often also, declining collective bargaining coverage rates. The ongoing crisis has questioned one of the fundamental pillars of the European idea: the income convergence of poorer countries towards the level of their rich counterparts. Much of the wage convergence that had taken place is now being questioned, while wage cuts and wage moderation are proving to be common features for central and east European countries in the post-crisis period. [ABSTRACT FROM AUTHOR]

From 2013 the total quantity of permitted CO2 emissions in the European Union will be decreasingly capped, putting pressure on their unit price. This in turn will influence carbon-intensive companies' total costs and potentially affect profit margins. This article offers analysis of a small open country's carbon-intensive firms' variable cost sensitivity to CO2 prices at €15, €25 and €50 per tonne, using Estonia as a reference. The analysis reveals that firms using heavily carbon-intensive fuels (such as oil shale) could experience variable cost increase up to 100%. Although such fuel is primarily used in Estonia's electricity generation, the biggest impact would hit the country's mineral sector where carbon-intensive manufacturing faces on average a 20% variable cost change. Such companies could eventually move their activities outside the EU. [ABSTRACT FROM AUTHOR]

Abstract: The diversity of technological activities that contribute to growth in labour productivity is examined in this article for manufacturing and services industries in eight major EU countries. We test the relevance of two “engines of growth”, i.e., the strategies of technological competitiveness (based on innovation in products and markets) and cost competitiveness (relying on innovation in processes and machinery) and their impact on economic performance. We propose models for the determinants of changes in labour productivity and we carry out empirical tests for both the whole economy and for the four Revised Pavitt classes that group manufacturing and services industries with distinct patterns of innovation. Tests are carried out by pooling industries, countries and three time periods, using innovation survey data from CIS 2, 3 and 4, linked to economic variables. The results confirm the specificity of the two “engines of growth”; economic performances in European industries appear as the result of different innovation models, with strong specificities of the four Revised Pavitt classes. [Copyright &y& Elsevier]

Abstract: Discussions of how changes in exchange rates impact on international airlines tend to be ambivalent. In this paper, it is shown that the relative cost competitiveness of an international airline will decline when there is an exchange rate appreciation in its home country – as will be the case for other tradable goods and services. The extent to which this happens depends on which countries the prices of the inputs are set in and also on which countries'' airlines it is closely competing with. The impact is greater if there is an appreciation relative to those countries whose airlines the home airlines are closely competing with. In the trade literature, this is recognised in the Trade Weighted Index of exchange rates, which weights exchanges rates according to their importance in a country''s trade flows. In this paper, an Airline Trade Weighted Index is developed – the weights for this index depend on airline traffic and revenues on routes to and from a country. The ATWI is calculated for Australian international airlines, and it indicates that there has been a significant loss of competitiveness in recent years, due to the appreciation of the Australian dollar relative to currencies of key airline competitor countries. [Copyright &y& Elsevier]

Management trends at the global level are transforming the international business environment and also having an impact on the way organisations are managed in Papua New Guinea (PNG). This article discusses the challenges of contemporary management in PNG particularly how organisations are responding to the management trends at the global level. Managers in PNG need to be aware of the changes in the external business environment when managing their organisations. The changes can be a threat or an opportunity to the organisation. Understanding management trends enables managers and their organisations to deal with management challenges of the contemporary business environment by applying relevant management practices and strategies. Discussions are based on managerial views from literature, interview notes and postgraduate essays. The first part of the paper reviews the literature on management trends at the global level. The second part examines the impact of management trends at the global level on organisational management in PNG. The third part discusses the challenges managers in PNG face when managing organisations in the contemporary business environment stimulated by global factors. [ABSTRACT FROM AUTHOR]

Terminal users face a variety of costs associated with the container terminal and those that are harder to quantify should not be ignored for they might represent a larger component of the overall costs associated with using a particular terminal. Similarly, the competitive advantage of a container terminal operator goes beyond the elements that can be quantified. The paper uses and modifies Cournot’s simultaneous quantity-setting model as a means to derive the overall costs of using the terminal. The application of this model to the perspective of competition between container terminal operators in Singapore, Port Klang and Tanjung Pelepas finds that the increasingly cost competitive operators in Port Klang and Tanjung Pelepas were able to close the gap with PSA Corporation in Singapore in the overall costs of using their terminal facilities between 1998 and 2002 although PSAC continued to enjoy a dominant share of the container-handling market in the region. The paper also highlights the tremendous amount of opportunities available to these terminal operators to advance and capitalise on their competitive advantages beyond aggressive price competition. [ABSTRACT FROM AUTHOR]

Abstract: This paper measures and compares the performance of 10 major North American airlines in terms of residual total factor productivity, cost competitiveness, and residual average yields during the period 1990–2001. Our key findings are: (a) the airlines in North American improved productive efficiency by about 12% between 1990 and 2001 despite the fact that there were substantial reduction of residual TFP between 2000 and 2001; (b) airlines need to perform well in both productive efficiency and pricing to be financially successful; (c) significant productivity improvement in the 1990s enabled the airlines to cope with rising input prices and downward pressure on yields; (d) airlines that aggressively expanded fleet in response to the fast growing market during the mid-1990s have suffered loss in productive efficiency; (e) the 9/11 terrorist attack has led to substantial reductions in airlines'' yields, and declining productivity and increasing unit cost. [Copyright &y& Elsevier]

This study analyses the environmental policies in Europe and particularly in The Netherlands. Comprehensive analysis of their policy package, which includes environmental taxes, tax exemptions, and the voluntary environmental agreement are provided. Each method does seem to show significant effects to reduce the environmental bads. This paper also presents an economic analysis of the glasshouse horticulture industry in The Netherlands, focusing on direct and dynamic effects, where direct effect refers to strengthening the cost competitiveness of the industry and dynamic effect refers to the incentives on technological innovations. [ABSTRACT FROM AUTHOR]