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Most airports operate under public ownership, while some are privatized and economically regulated. Only a few airports are privately owned and experience little or no ex-ante regulation of airport charges. On the other hand, airports nowadays earn as much revenue from transport-related...
Persistent link: https://www.econbiz.de/10011261935
Landing fees at airports are regulated almost all over the world since airports are assumed to abuse their market power. We find that monopolistic airports have an incentive to restrain landing fees when they generate additional non-aviation revenues and that the optimal landing fee decreases in...
Persistent link: https://www.econbiz.de/10009369479
In this paper we develop a model of hub competition, which includes duopolistic Bertrand competition on the downstream market in order to analyze the incentives of hub airports to exploit market power in the transfer passenger market. We find evidence that downstream competition limits hub...
Persistent link: https://www.econbiz.de/10010611319
Although the aviation industry is increasingly becoming important for Africa's economic development and integration, the ability of airlines to access foreign markets remains hindered by restrictive regulatory policies. Attempts have been made to fully liberalize the intra-African air transport...
Persistent link: https://www.econbiz.de/10010960207
In the course of the 1990s, the EU has embarked on an ambitious regulatory reform programme for a number of European network industries, such as telecommunications, energy and transport. This paper analyses the potential benefits of successful reforms in these sectors with a focus on the price...
Persistent link: https://www.econbiz.de/10011606180
Most airports operate under public ownership, while some are privatized and economically regulated. Only a few airports are privately owned and experience little or no ex-ante regulation of airport charges. On the other hand, airports nowadays earn as much revenue from transport-related...
Persistent link: https://www.econbiz.de/10011288397
A decree from 2000 - which created the Brazilian Civil Aviation Council (Conac) -, joint with a law from 2005 - which created the Brazilian Civil Aviation Agency (Anac) - rule that the former proposes to the President of the Republic a regulatory benchmark for the airport industry. The recent...
Persistent link: https://www.econbiz.de/10010330661
In the course of the 1990s, the EU has embarked on an ambitious regulatory reform programme for a number of European network industries, such as telecommunications, energy and transport. This paper analyses the potential benefits of successful reforms in these sectors with a focus on the price...
Persistent link: https://www.econbiz.de/10005530655
Landing fees at airports are regulated almost all over the world since airports are assumed to abuse their market power. We find that monopolistic airports have an incentive to restrain landing fees when they generate additional non-aviation revenues and that the optimal landing fee decreases in...
Persistent link: https://www.econbiz.de/10010307173
Conventional economic models in airport regulation assume, that airports have considerable market power and may exploit it against airlines. Given, that many airports are served by only a limited number of airlines, mono- or oligopsony relationships may exist. This paper relaxes therefore this...
Persistent link: https://www.econbiz.de/10012509014