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The effect of corruption on airport productive efficiency is analyzed using an unbalanced panel data of major European airports from 2003 to 2009. We first compute the residual (or net) variable factor productivity using the multilateral index number method and then apply robust cluster random...
Persistent link: https://www.econbiz.de/10014110747
This paper develops a methodology to assess transport infrastructure investments and their effects on a Nash equilibria taking into account competition between multiple privatized transport operator types. The operators, including high-speed rail, hub and spoke legacy airlines and low cost...
Persistent link: https://www.econbiz.de/10011257086
This paper examines the determinants of airport aeronautical charges by employing a unique panel dataset covering sixty-one European airports over an eighteen-year period. We are able to extend the literature on the role of airports as an essential element in transport infrastructure by offering...
Persistent link: https://www.econbiz.de/10009351519
Transportation is an inherently crucial factor in supporting economic activities as well as providing opportunities for economic development. As such, the provision of transport infrastructures is a common priority in capital investment, particularly in Latin America and the Caribbean where...
Persistent link: https://www.econbiz.de/10010652997
We examine the effects of the US DOT׳s tarmac delay rule (effective April 29, 2010) on flight cancellations and gate departure delays, using carrier-level panel data for the period between May 2008 and April 2012. Our results suggest the DOT׳s investigations of tarmac delay incidents triggered...
Persistent link: https://www.econbiz.de/10011051527
The purpose of this study was to estimate the total economic impact of development project of Phuket International Airport (Thailand) using Input-Output Multiplier. The result revealed that the positive economic impact borne to Phuket province was about 32 billion baht or almost 120 percent...
Persistent link: https://www.econbiz.de/10011112216
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
We posit and empirically test the hypothesis that airlines are able to charge a fare premium in markets that originate in their domestic country relative to similar markets that originate in foreign countries. To this end, we focus on intercontinental one-stop air travel trips for which the...
Persistent link: https://www.econbiz.de/10011586734
The purpose of this paper is to exam the regulatory failures in the Brazilian air transport sector, evidenced by the crisis started after the tragic aircraft crash in 2006.Initially, it presents a historical review of the regulation in the sector, pointing out the legal and infralegal norms and...
Persistent link: https://www.econbiz.de/10010330730
This paper develops a methodology to assess transport infrastructure investments and their effects on a Nash equilibria taking into account competition between multiple privatized transport operator types. The operators, including high-speed rail, hub and spoke legacy airlines and low cost...
Persistent link: https://www.econbiz.de/10010325992