infonet-economy

This paper examines the impact of postadoption innovation implementation strategies on five distinct performance outcomes. Using a sample of 85 hotels in Europe, the study explores which implementation strategies are most strongly linked to specific innovation outcomes and competitive performance. The results reveal that employee enabling implementation strategies have a positive...

We show that conventional hedonic models of commercial real estate prices ignore the utility investors derive from the externality created by extremes in attributes such as building size and height. Analyzing geo-enriched data on nearly 4,800 hotel transactions in the U.S., we detect separating equilibria across trophy commercial properties and others in pricing the extreme...

Shopping is one of the oldest tourist activities and commonly accounts for the majority of travel budgets. However, tourists have expressed concerns regarding the risks they face in shopping destinations. Scholars have suggested that trust is a mechanism for reducing the complexity of human behavior in a situation that involves uncertainty. Therefore, the present study aims to...

A surprisingly large number of countries have been able to finance a significant fraction of domestic investment using foreign finance for extended periods. While many of these episodes are in low-income countries where official finance is more important than private finance, this paper also identifies a number of episodes where a substantial fraction of domestic investment was...

The current study contributes to the extant literature by illustrating that airlines can enhance passenger (customer) satisfaction and loyalty by focusing on the enhancement of those aspects of the pre-flight and in-flight service experience over which they have direct control. The results indicate that airline passenger perceived pre-flight service quality and perceived in-flight...

Bei den Schweizerinnen und Schweizern steigt die Lust, mehr Geld in ihre Wohnungseinrichtung zu investieren. Laut einer Forschung der Universität St.Gallen heisst das allerdings noch lange nicht, dass der inländische Möbelhandel davon profitieren wird.

The large regional variation of minimum wage changes in 2002—08 implies that Chinese manufacturing firms experienced competitive shocks as a function of firm location and their low-wage employment share. We find that minimum wage hikes accelerate the input substitution from labor to capital in low-wage firms, reduce employment growth, but also accelerate total factor productivity...