Airline competition and domestic US airfares: A comprehensive reappraisal

被引：109

作者：

Brueckner, Jan K. ^{[1
]}

Lee, Darin ^{[2
]}

Singer, Ethan S. ^{[3
]}

机构：

[1] Univ Calif Irvine, Dept Econ, 3151 Social Sci Plaza, Irvine, CA 92697 USA

[2] Compass Lexecon, Boston, MA 02109 USA

[3] Univ Minnesota, Dept Econ, Minneapolis, MN 55455 USA

来源：

ECONOMICS OF TRANSPORTATION | 2013年 / 2卷 / 01期

关键词：

Airlines; Airfares; Competition; Merger;

D O I：

10.1016/j.ecotra.2012.06.001

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper extends recent research on the fare impacts of low-cost carriers, incorporating its adjacent airport approach to offer a comprehensive picture of the competitive effects of both legacy carriers and low-cost carriers. The analysis measures the impact of in-market (i.e., airport-pair) competition and adjacent competition for both types of carriers, while also capturing the impact of potential competition from low-cost carriers. Moreover, this comprehensive approach is applied separately to two different types of markets, nonstop and connecting, which have not been simultaneously treated before within a single study. The results show that most forms of legacy-carrier competition have weak effects on average fares. Low-cost carrier competition, on the other hand, has dramatic fare impacts, whether it occurs on the airport-pair, at adjacent airports, or as potential competition. (C) 2012 Elsevier Ltd. All rights reserved.

引用

页码：1 / 17

页数：17

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