Price Elasticities of Demand for Passenger Air Travel
The demand for air transport is largely determined by the spending capacity of customers. This paper aims to offer more insight into the determinants of price elasticities in the aviation sector. It seeks to identify both common and contrasting factors that influence the price elasticities, on the basis of a comparative analysis among a large number of empirical studies in this field. By means of meta-analytical methods the relative importance of several driving forces (e.g., distance, type of ticket, nature of study etc.) is investigated.
Year of publication: |
2001-05-02
|
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Authors: | Brons, Martijn ; Pels, Eric ; Nijkamp, Peter ; Rietveld, Piet |
Institutions: | Tinbergen Institute |
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