HMA is a manufactured product, created in a gas fired batch plant, blended from an engineered design mixture of suitable large aggregate, small aggregate and occasionally special additives such a recycled rubber from tires, other man made materials...
Does he realise just how much energy is wasted in this long process and what the cost of the motion will be? You are starting with very expensive electricity in the first place before all the waste of perhaps as much as 80% of it. Does he realise how much C02 will be emitted when...
In addition, while we know relatively precisely what the total costs are for HSR, that is often not the case for competing modes of transport.22 One example illustrates the problem. Travel by car is much more expensive in France than in the US, both absolutely and relatively. Gas, for ...
In respect to the extensive and intensive margins,Li et al. (2015)found that Renminbi appreciation reduces both the extensive margin (the probability that a firm exports to a new market) and the intensive margin (the probability that a firm survives in the existing market), namely, a 10% a...