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This paper investigates the impact of airline market structure on airport productivity, in which airlines are viewed as downstream users of an airport in a vertical airport–airlines structure. Our estimation is based on a sample of eleven major airports in Northeast Asia. A standard...
Persistent link: https://www.econbiz.de/10011162821
We explore the impacts of high-speed rail (HSR) developments on airport-level traffic by considering not only the availability of air-HSR intermodal linkage between the airport and HSR station but also the position of the airport's city in the HSR network. The latter is measured by both the...
Persistent link: https://www.econbiz.de/10012898773
In the conventional social productive efficiency measurement, a DEA-based non-parametric method is typically employed to identify the piece-wise-linear production possibility frontier. Applying the directional distance-function approach a-la Luenberger (1992) to the production possibility...
Persistent link: https://www.econbiz.de/10010891722
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In the conventional social productive efficiency measurement, a DEA-based non-parametric method is typically employed to identify the piece-wise-linear production possibility frontier. Applying the directional distance-function approach a-la Luenberger (1992) to the production possibility...
Persistent link: https://www.econbiz.de/10009405954
There has recently been a rather large reduction of between 34% and 75% in domestic aviation demand in Korea. The two primary causes were the introduction of several new highway services and the fact that Korea Train Express (KTX) began operating a route between Seoul and Daegu in April 2004....
Persistent link: https://www.econbiz.de/10009202174
In this paper, the internal and external liberalization surrounding Korea’s airline industry is analyzed. In particular, the economic effects of internal reforms are examined, and several policy issues are suggested. The external liberalization process represented by the US’...
Persistent link: https://www.econbiz.de/10011162733
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