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This paper mainly studies the effect of deregulation on prices and quantity. For this aim, we employ cointegration … methodology with structural breaks to empirically investigate the simultaneous relationship between deregulation, ticket prices …, and the number of passengers in the Turkish airline industry. The findings confirm that deregulation increases quantity …
Persistent link: https://www.econbiz.de/10011389427
We study the competitive effects of five liquidations and six mergers in the domestic U.S. airline industry between 1995 and 2010. Applying fixed effects regression models we find that route exits due to liquidation lead to substantially larger price increases than mergerrelated exits. Within...
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I study the effect of increasing competition on financial performance through labour leverage. To capture competition …
Persistent link: https://www.econbiz.de/10012308288
The objective of this paper is to analyze the impact of regulatory and environmental conditions on technical efficiency of European railways. Using a panel data set of 31 railway firms from 22 European countries from 1994 to 2005, a multioutput distance function model, including regulatory and...
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