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This paper provides evidence of the impact on frequencies and airfares of the type of codeshare agreement signed between airlines and the level of liberalization signed between governments in the international aviation market. Our work distills two basic insights: (i) increasing the level of...
Persistent link: https://www.econbiz.de/10014038649
socially superior depends on the extent of efficiency gains and regulation, as well as the regulatory forms. Full privatization …This paper examines forms of airport regulation and privatization, taking into account of behavior of public … welfare than partial privatization. However, a full privatization without regulation yields a monopoly and related distortions …
Persistent link: https://www.econbiz.de/10014119570
The paper focuses on the issue of liberalisation of international civil aviation, examining how the law could accommodate a reform of the Chicago regime. It looks into the strengths and weaknesses of the most prominent legal options available to States to implement liberalisation, namely,...
Persistent link: https://www.econbiz.de/10014098006
asymmetric regulation and airport dominance on airlines' fares in the London-New York market, a market uniquely suited for …
Persistent link: https://www.econbiz.de/10014028787
determine which regulation yields a higher welfare. The first condition is whether the solutions under welfare maximization …) regulatory profit, then the dual-till (single-till) regulation yields a higher welfare, as long as the profit of non …
Persistent link: https://www.econbiz.de/10013298300
competitive dynamics so that consumers could benefit from ongoing improvements in price and efficiency levels, recent DOT policies …
Persistent link: https://www.econbiz.de/10014186900
be set against the significant disadvantages and costs of sector-specific economic regulation; increasingly the remaining …
Persistent link: https://www.econbiz.de/10014186994
Persistent link: https://www.econbiz.de/10013030459
La aviación civil ha sido uno de los sectores en donde el Estado ha ejercido mayor regulación, considerando que se trata de una industria altamente intensiva en capital y con unos exigentes estándares técnicos, pues presta un servicio en el cual la seguridad de sus usuarios (los pasajeros)...
Persistent link: https://www.econbiz.de/10005769475
This paper conducts an empirical analysis of the relationship between privatization and regulation drawing on data from … a wide sample of European airports. We find that privatization promotes a shift from basic regulation to a situation of … more detailed or non-regulation, depending on the specific characteristics of the privatization process and on the type of …
Persistent link: https://www.econbiz.de/10008480057