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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...
Persistent link: https://www.econbiz.de/10004988001
This study estimates a travel demand model in Japan's intercity market with aggregate OD data. The estimated model is used to estimate the effects of introducing super high-speed-rail (HSR), and alternative levels of CO<SUB>2</SUB> emission taxation on the demands for airline and HSR modes. It is found...</sub>
Persistent link: https://www.econbiz.de/10010990180
© 2007 LSE and the University of Bath
Persistent link: https://www.econbiz.de/10004988003
Despite the increasing trend of airport privatisation and deregulation in recent years, few studies have analysed how the pricing behaviour of unregulated airports affects downstream airline competition, especially the competition between airlines offering differentiated services such as the...
Persistent link: https://www.econbiz.de/10004988089
We study a profit-maximising airport under one- and two-sided market structures. Our analysis reveals that the airport management will choose the welfare maximising price structure based on market characteristics and demand complementarity. We find that, in contrast with the traditional...
Persistent link: https://www.econbiz.de/10010990161