Showing 1 - 10 of 27
variables approach, the paper estimates flight-frequency reaction functions, which relate an airline’s frequency on a route to …This paper investigates strategic interaction among airlines in product-quality choices. Using an instrumental … its own characteristics and to the frequencies of competing airlines. A positive reaction function slope is found in some …
Persistent link: https://www.econbiz.de/10010877953
Profit taxes are widely acknowledged to influence the location of firms’ headquarters. This paper sheds light on the role of aspects of labor taxation for the international location of headquarters. While profit taxes can be avoided in various ways, it is much harder for firms to manipulate...
Persistent link: https://www.econbiz.de/10010550242
It is well understood that the two most popular empirical models of location choice - conditional logit and Poisson - return identical coefficient estimates when the regressors are not individual specific. We show that these two models differ starkly in terms of their implied predictions. The...
Persistent link: https://www.econbiz.de/10005013045
Intervening in the FX market implies a complex decision process for central banks. Monetary authorities have to decide whether to intervene or not, and if so, when and how. Since the successive steps of this procedure are likely to be highly interdependent, we adopt a nested logit approach to...
Persistent link: https://www.econbiz.de/10005094165
unbundling. The theory predicts that an airline’s fares should fall when it introduces a bag fee, but that the full trip price …This paper provides theory and evidence on airline bag fees, offering insights into a real-world case of product …
Persistent link: https://www.econbiz.de/10010877747
This paper offers the first formal economic analysis of carve-outs under airline antitrust im- munity. Carve-outs are …
Persistent link: https://www.econbiz.de/10008533998
This paper explores the effect of airline emissions charges on airfares, airline service quality, aircraft design … features, and network structure, using a detailed and realistic theoretical model of competing duopoly airlines. These impacts … charges will alter airline choices. The results show that emission charges will raise fares, reduce flight frequency, increase …
Persistent link: https://www.econbiz.de/10005094276
This paper explores the effects of a European airline merger followed by a consolidation of two competing international …-KLM and SkyTeam alliances into a single mega-alliance. The results of the analysis show that, although the airlines benefit …
Persistent link: https://www.econbiz.de/10005196317
This study investigates spatial segregation of the population in fiscally decentralized urban areas. The theoretical part proposes the progressivity of local income taxes as a new explanation for income segregation. The empirical part studies how income tax differentials across municipalities in...
Persistent link: https://www.econbiz.de/10005766045
This paper explores the impact of airport noise regulation on airline service quality and airfares. It also … characterizes the socially optimal stringency of noise limits, taking both noise damage and the various costs borne by airlines and …
Persistent link: https://www.econbiz.de/10005766104