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The aim of the paper is to evaluate the effects of the EU-U.S. open skies agreement on the Italy U.S. air transportation market. The EU-U.S. open skies agreement, which came into force in March 2008, is an important example of the liberalization of the air transport industry the goal of which is...
Persistent link: https://www.econbiz.de/10010598905
This paper explores the impacts of competition level on airline scheduling in the Korean domestic short-haul routes where a hub-and-spoke system is not the optimal air transport network strategy. The empirical findings using the Korean airline panel data for the period 2006–2010 suggest...
Persistent link: https://www.econbiz.de/10011190593
Using information on 2,300 Air Services Agreements covering 184 countries, we investigate the impact of air services liberalization on passenger flows. We find that a certain level of liberalization is required to have a positive effect on passenger traffic. In particular, we estimate that the...
Persistent link: https://www.econbiz.de/10010684337
The United States has negotiated bilateral open skies agreements to deregulate airline competition on US international routes, but little is known about their effects on travelers' welfare and the gains from the US negotiating agreements with more countries. We develop a model of international...
Persistent link: https://www.econbiz.de/10011268999
Following a brief review of the U.S. domestic airline industry under regulation (1938-1978), we study the changes that have occurred in pricing, service, and competition in the 28 years since deregulation. We then examine some of the major public policy issues facing the industry: (a) the...
Persistent link: https://www.econbiz.de/10005777407
The safety of the commercial airline industry has attracted considerable attention in the wake of airline deregulation, amid growing concerns that the historical superiority of U.S. jet carriers' safety records may have been linked to economic regulation of the industry by the Civil Aeronautics...
Persistent link: https://www.econbiz.de/10005563122
The paper uses a data base on regulation, market structure and performance in the air passenger transportation industry, to analyse the links among liberalisation, private ownership, competition, efficiency and airfares at national and route levels. Covering the 1996-97 travel season, 21...
Persistent link: https://www.econbiz.de/10005045579
The paper uses a data base on regulation, market structure and performance in the air passenger transportation industry, to analyse the links among liberalisation, private ownership, competition, efficiency and airfares at national and route levels. Covering the 1996-97 travel season, 21...
Persistent link: https://www.econbiz.de/10012443072
We investigate the effect of competition on price dispersion in the airline industry. Using panel data from 1993 to 2008, we find a nonmonotonic effect of competition on price dispersion. An increase in competition is associated with greater price dispersion in concentrated markets but with less...
Persistent link: https://www.econbiz.de/10011009940
We examine the issue of market foreclosure by airline partnerships with antitrust immunity. Overlapping data on frequency of service and passenger volumes on nonstop transatlantic routes with information on the dynamics of airline partnerships, we find evidence consistent with the airlines...
Persistent link: https://www.econbiz.de/10011009972