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Since the September 11, 2001 terrorist attacks, repeated airport closures due to potential security breaches have … irregular operations. Our results indicate that while outcomes of flights scheduled during airport closures are difficult to … likelihood of continued security-related airport closings, understanding the factors that determine schedule recovery is …
Persistent link: https://www.econbiz.de/10012468954
The airline industry's current financial crisis has raised concerns over the ramifications of airline bankruptcies for air service and the economy. Such bankruptcies, however, nearly always occur when demand is weak, and, thus, when even healthy airlines are inclined to reduce flights. Moreover,...
Persistent link: https://www.econbiz.de/10012469062
This chapter will cover recent research in historical economics that uses ethnographic data and data from surveys and lab experiments. The study of historical economics, particularly outside of non-Western countries, has been constrained by availability of historical data. However, recent work...
Persistent link: https://www.econbiz.de/10012482138
A busy airport's closure has large effects on noise, real estate markets, and neighborhood demographics. Using a unique … dataset, we examine the effects of closing Denver's Stapleton Airport on nearby housing markets. We find evidence of immediate … announcement and closing. However, after the airport closure, more higher-income and fewer black households moved in, and …
Persistent link: https://www.econbiz.de/10012660063
While significant work has been done to examine the determinants of regional development, there is little evidence on the contribution of air services toward this outcome. This paper exploits the unexpected market changes induced by the 1978 Airline Deregulation Act to bring new evidence on the...
Persistent link: https://www.econbiz.de/10012460381
airport performance along a rich array of dimensions such as passengers per flight, total passengers, number of routes, number … rather than operational changes. Overall, we find little evidence that privatization alone increases airport performance …. These effects are largest when there is a competing airport nearby. Finally, we show that outright ownership rather than …
Persistent link: https://www.econbiz.de/10013435106
Persistent link: https://www.econbiz.de/10000942247
Persistent link: https://www.econbiz.de/10000968454
In applied historical research, geographic units often differ in level of aggregation across datasets. One solution is to use crosswalks that associate factors located within one geographic unit to another, based on their relative areas. We develop an alternative approach based on relative...
Persistent link: https://www.econbiz.de/10014512060