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efficiency, taking into account the regulatory changes that have affected the European airline industry. We construct and … estimate a model that includes demand, capacity, and cost equations. The latter accounts for inefficiency and cost …
Persistent link: https://www.econbiz.de/10005667136
We study the effect of entry on costs and competition in the Portuguese mobile telephony industry. We construct and estimate a model that includes demand, network, and cost equations. The latter accounts for inefficiency and cost reducing effort. We show that failure to account for cost reducing...
Persistent link: https://www.econbiz.de/10005791373