Demand and Consumer Welfare Impacts of International Airline Liberalization: The Case of the North Atlantic

Maillebiau, Eric; Hansen, Mark; University of California, Berkeley. Institute of Transportation Studies

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Demand and Consumer Welfare Impacts of International Airline Liberalization: The Case of the North Atlantic

1993-09-01
By Maillebiau, Eric ; Hansen, Mark

[PDF-1.85 MB]

English

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Creators:

Maillebiau, Eric ; Hansen, Mark

Maillebiau, Eric ; Hansen, Mark Less -
Corporate Creators:

University of California, Berkeley. Institute of Transportation Studies
Subject/TRT Terms:

[+]

Air Routes Air Travel Demand Economic Factors Fares International Travel
Publication/ Report Number:

UCTC No. 403
Resource Type:

Tech Report
Geographical Coverage:

North Atlantic Ocean
Corporate Publisher:

University of California, Berkeley. Institute of Transportation Studies. Library
Abstract:

This paper estimates the demand and consumer welfare impacts of liberalizing economic regulation of the North Atlantic air routes. The approach is to first estimate demand functions for North Atlantic air travel. Unlike prior demand studies, these demand models incorporate service accessibility, based on the number of gateways from which service is available, along with price as supply-side variables. Next, the authors determine the impact of liberalization on fare and service accessibility. Combining these results, they are able to estimate how liberalization has affected the "generalized cost" -- in this context, a function of monetary cost and service accessibility -- of North Atlantic air travel, and the resulting change in consumer surplus.
Format:

PDF
Collection(s):

University Transportation Centers
Main Document Checksum:

[+]

urn:sha256:19731d2a644317b42b848bc650b7d2a4ebd88b2f7fe1b444c9b1fc056e9f759b
Download URL:

https://rosap.ntl.bts.gov/view/dot/63331/dot_63331_DS1.pdf
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Demand and Consumer Welfare Impacts of International Airline Liberalization: The Case of the North Atlantic

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