Regulation and Incentives in European Aviation

dc.contributor.author	Gagnepain, Philippe
dc.contributor.author	Marín, Pedro L.
dc.date.accessioned	2014-02-20T09:22:19Z
dc.date.available	2014-02-20T09:22:19Z
dc.date.issued	2006
dc.identifier	http://hdl.handle.net/10016/5032
dc.identifier.citation	Journal of Law and Economics. 2006, vol.49, nº 1, p. 229-248
dc.identifier.issn	1537-5285
dc.identifier.uri	http://hdl.handle.net/10234/84132
dc.description.abstract	We study the effect of liberalization on costs and competition in the European airline industry. We construct and estimate a model that includes demand, capacity, and cost equations. The latter accounts for inefficiency and cost-reducing effort. We show that failure to account for the choice of effort would lead to biased estimates of efficiency and competition in the industry. We also find that the last European Union package of deregulatory measures has led to significant efficiency improvements and has fostered competition.
dc.format.mimetype	application/pdf
dc.language.iso	eng
dc.publisher	The University of Chicago Press
dc.rights	©The University of Chicago Press
dc.rights.uri	http://rightsstatements.org/vocab/InC/1.0/	*
dc.subject	Economía
dc.title	Regulation and Incentives in European Aviation
dc.type	info:eu-repo/semantics/article
dc.rights.accessRights	info:eu-repo/semantics/openAccess

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