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The book deals with the subsidies of air transport. It shows which subsidies are used to promote air transport and how the subsidies influence the various segments of air transport. The types of subsidies dealt with correspond to the OECD's delimitation. In addition to tax breaks and transfers,...
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Airline fuel consumption is costly for the firms and for society as well due to a climate-change externality. We study how fuel price changes affect cost-minimizing choices by airlines that have implications for the extent of this externality. The airline industry's capital stock can be easily...
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