Oum, Tae Hoon; Zhang, Anming; Zhang, Yimin - In: Journal of Transport Economics and Policy 38 (2004) 2, pp. 217-246
This paper investigates the effects of different forms of price regulation on airport efficiency. Our investigation takes into account the interaction between concession profits and price regulations. Our results show that while ROR regulation may lead to over-investment in capacity, price-cap...