This paper is a publication issued by the Microeconomic Analysis service of the National Bank of Belgium. This is the outcome of a first research project on the Belgian transport logistics sectors. In the past few years, the logistics business has turned out to play a significant part in wealth...

We examine how new airport infrastructure influences regional tourism. Identification is based on the conversion of a military air base into a regional commercial airport in the German state of Bavaria. The new airport opened in 2007 and promotes travelling to the touristic region Allgäu in the...

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...

This paper explores the effect of airline emissions charges on airfares, airline service quality, aircraft design features, and network structure, using a detailed and realistic theoretical model of competing duopoly airlines. These impacts are derived by analyzing the effects of an increase in...

An increasing percentage of trade occurs via air. However, air services are excluded from the WTO Agreement and, as a result, the aviation market is regulated by a plethora of Air Services Agreements. In this paper, we investigate the extent of discrimination -in terms of access to international...

Mallorca is the most popular foreign travel destination for German tourists, with almost five million flying to the Balearic island every year. However, the coronavirus pandemic brought passenger air traffic to a virtual standstill in March 2020. Flights to Mallorca resumed in June 2020, but the...

We examine how new airport infrastructure influences regional tourism. Identification is based on the conversion of a military air base into a regional commercial airport in the German state of Bavaria. The new airport opened in 2007 and promotes travelling to the touristic region Allgäu in the...

Rapid growth in the use of drones potentially delivers significant economic benefits, but it has also given rise to considerable public concern about safety risks, infringement of privacy, and other unwelcome surveillance and observation. Drones are able to be operated remotely from the pilot,...

We investigate the success of legislation aimed at increasing competition at highly concentrated major US airports, mainly by forcing these airports to increase the availability of scarce airport facilities to new entrants. We use a multi-dimensional regression-discontinuity approach to exploit...