Airline competition and domestic US airfares: A comprehensive reappraisal

Airline competition and domestic US airfares: A comprehensive reappraisal
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DOI:
10.1016/j.ecotra.2012.06.001
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发表时间:
2013-03-01
影响因子:
2.8
通讯作者:
Singer, Ethan S.
Singer, Ethan S.
中科院分区:
工程技术3区
文献类型:
--
作者:
Brueckner, Jan K.;Lee, Darin;Singer, Ethan S.

文献摘要

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本文扩展了最近关于低成本航空公司票价影响的研究,结合邻近机场的方法,提供了传统航空公司和低成本航空公司的竞争影响的综合图景。该分析衡量了市场内竞争(即机场对)和相邻竞争对这两类航空公司的影响,同时也捕捉到了来自低成本航空公司的潜在竞争的影响。此外,这一综合方法被分别应用于两种不同类型的市场,直达和连接,这两种市场以前没有在一项研究中同时处理。结果表明,大多数形式的传统运营商竞争对平均票价的影响较小。另一方面,低成本航空公司的竞争对票价产生了巨大的影响,无论是发生在机场对上,还是发生在邻近的机场,还是作为潜在的竞争。(C)2012爱思唯尔有限公司。保留所有权利。
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.