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are privately owned and experience little or no ex-ante regulation of airport charges. On the other hand, airports … activities into the regulation of airport infrastructure charges? This question is addressed in this paper. We discuss basic …
Persistent link: https://www.econbiz.de/10013024258
We examine the slot management regime used in the EU and investigate how it may in the short run lead to inefficient outcomes and in the long run discourage support for expanded airport capacity. Slot administration is used to balance demand and supply when capacity is in short supply. Because...
Persistent link: https://www.econbiz.de/10013024655
a major share in total revenue, monopoly regulation typically concentrates on the control of core-good prices (“core … prices” in short). Whether market power can indeed be effectively controlled by the regulation of core prices alone then … implication of our findings is that for the case of airports, the effective control of market power may require regulation of both …
Persistent link: https://www.econbiz.de/10013025226
Unlike other industries, significant changes in the airline industry have not mainly occurred due to technological changes, but rather as a result of developments in the applicable legal framework and various institutional reforms. As a consequence of the deregulation wave which dates back to...
Persistent link: https://www.econbiz.de/10012919882
accruals of those airline companies, however, dwindled afterwards close to the level of the regulation period. Our findings …
Persistent link: https://www.econbiz.de/10013239468
differ so greatly from other commercial flying machines that they can only exist in the absence of comprehensive regulation …
Persistent link: https://www.econbiz.de/10013063917
We use T-100 traffic data and DB1B fare data from the U.S. Department of Transportation to identify patterns and effects of entry by network carriers and low-cost carriers in non-stop U.S. airline markets. For the sample period from 1996 to 2009, we find that entry activity of low-cost carriers...
Persistent link: https://www.econbiz.de/10009354694
The paper uses a data base on regulation, market structure and performance in the air passenger transportation industry …, to analyse the links among liberalisation, private ownership, competition, efficiency and airfares at national and route …
Persistent link: https://www.econbiz.de/10012443072
Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth of productivity have been low in many...
Persistent link: https://www.econbiz.de/10012444046
Product market regulation in the non-manufacturing sectors of OECD countries: measurement and highlights This paper … describes a new set of indicators that measure differences in the regulation of non-manufacturing sectors of OECD countries over … indicators and the patterns of product market regulation and regulatory reform that emerge from the analysis. The robustness of …
Persistent link: https://www.econbiz.de/10012445919