The effects of concession revenue sharing contracts in airport competition

被引：3
|
作者：
Nerja, A. [1 ]
Sanchez, M. [1 ]
机构：
[1] Univ Miguel Hernandez Elche, Dept Econ & Financial Studies, Ave Univ S-N, Elche 03202, Alicante, Spain
来源：
ECONOMICS OF TRANSPORTATION | 2021年 / 28卷
关键词：
Revenue sharing contracts; Airport competition; Concession revenues; Airport-airline vertical cooperation; AIRLINES;
D O I：
10.1016/j.ecotra.2021.100234
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper studies the effects of concession revenue sharing contracts to analyze how airport-airline vertical structures compete for passengers in the same catchment area. The analysis studies the effects of such contracts depending on airport ownership structure. We show that private airports tend to share less concession revenues than public ones eventually leading to lower welfare levels. These results have relevant policy implications when concession revenue sharing contracts are specified in practice.
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页数：11
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