Showing 1 - 10 of 172
Much of the literature on the airline industry identifies a potential entrant to a market based on whether the relevant …
Persistent link: https://www.econbiz.de/10011259934
We demonstrate how a non-nested statistical test developed by Vuong (1989) can be used to assess the suitability of alternate order-of-entry assumptions used for identification purposes in empirical entry models. As an example, we estimate an entry model of McDonald’s and Burger King...
Persistent link: https://www.econbiz.de/10011260560
market competition. In markets with effective competition, horizontal multiple directorships turn out to be an efficient … firms have no significant influence on financial performance, irrespective of the level of competition intensity …
Persistent link: https://www.econbiz.de/10013024843
We show that monopoly is better than competition in term of social welfare for low frequency routes. Competition … affects both flight schedules and airfares. Flight schedules get un-even interval by competition and this leads to large … increment of SDC by competition overwhelms the decreasing in the airfare, so monopoly is better than competition. …
Persistent link: https://www.econbiz.de/10011212581
When there is significant overlap in potential partner airlines' route networks, policymakers have expressed concern that an alliance between such airlines may facilitate collusion on price and/or service levels in the partners' overlapping markets. The contribution of our paper is to put...
Persistent link: https://www.econbiz.de/10011185383
Tourism is increasingly being promoted as an important source of economic growth especially in developing countries. While there are many elements that contribute to tourism growth, without an efficient air transport system, it is almost impossible for a number of landlocked and geographically...
Persistent link: https://www.econbiz.de/10011260537
Air transport liberalization constitutes a whole new level of globalization. The impacts it brings can be divided into direct, indirect, induced and catalytic. The magnitude of impacts is determined by various factors, including air transport liberalization multiplier, market saturation and the...
Persistent link: https://www.econbiz.de/10005078688
The aim of our paper is to analyze civil aviation relations between the United States of America and the European Union - constituting the most important intercontinental air transportation market in the world. Air transport between the EU and USA was traditionally regulated by bilateral Air...
Persistent link: https://www.econbiz.de/10005619592
1978 Airline Deregulation Act to bring new evidence on the link between airline traffic and local economic growth. Using …, we exploit time variation in long-run growth rates to identify the effects of airline traffic on population, income and …
Persistent link: https://www.econbiz.de/10011110006
Linear demand formulations for price competition in horizontally differentiated products are sometimes used to compare …
Persistent link: https://www.econbiz.de/10005616743