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, with particular emphasis on quality responses to the airline merger. A structural model allows firms to determine not only …This study examines the economic consequences of a horizontal merger between Japanese airlines that took place in 2002 … prices but also flight frequencies. The obtained estimates would reject the hypothesis that the merger facilitated …
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We investigate the competitive effects of the merger between Delta Air Lines and Northwest Airlines (2009) in the … domestic U.S. airline industry. Applying fixed effects regression models we find that the transaction led to short term price … increases of about 11 percent on overlapping routes and about 10 percent on routes which experienced a merger-induced switch of …
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stage. We estimate the model using data from the US airline industry and find that not accounting for endogenous entry leads … to biased estimation of demand elasticities. We simulate a merger between American and US Airways and find that product … repositioning and post-merger outcomes depend on how we model the characteristics of the merged firm as a function of the pre-merger …
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model using data from the domestic US airline market and find significant spillovers in entry. In a counterfactual exercise …, we evaluate the 2013 merger between Amer- ican Airlines and US Airways. Our results highlight that spillovers in entry … and post-merger network readjustments play an important role in shaping post-merger outcomes. …
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