Do horizontal mergers induce entry? Evidence from the US airline industry

被引：1

作者：

Bougette, Patrice ^{[1
,2
]}

Hueschelrath, Kai ^{[3
,4
]}

Mueller, Kathrin ^{[3
,4
]}

机构：

[1] Univ Nice Sophia Antipolis, F-06560 Valbonne, France

[2] CNRS, GREDEG Law Econ & Management Res Grp, UMR 7321, F-06560 Valbonne, France

[3] ZEW Ctr European Econ Res, Competit & Regulat Res Grp, D-68034 Mannheim, Germany

[4] MaCCI Mannheim Ctr Competit & Innovat, D-68034 Mannheim, Germany

来源：

APPLIED ECONOMICS LETTERS | 2014年 / 21卷 / 01期

关键词：

airline industry; merger; entry-inducing effects; L40; L93;

D O I：

10.1080/13504851.2013.835473

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Theoretical research has investigated the relevance of entry-inducing effects as countervailing factor to a merger-related increase in market power. We use route-level data for the America West Airlines-US Airways merger (2005) to investigate whether such an effect can be identified empirically. Our results show that both entry-inducing and entry-dissuading effects can be observed depending on the type of affected route and the carrier under investigation.

引用

页码：31 / 34

页数：4

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