If you are experiencing problems downloading PDF or HTML fulltext, our helpdesk recommend clearing your browser cache and trying again. If you need help in clearing your cache, please click here . Still need help? Email help@ingentaconnect.com

Evidence on market structure of the deregulated US airline industry

$54.78 plus tax (Refund Policy)

Buy Article:

Abstract:

Airline deregulation in the USA was a rejection of inefficient regulation and inspired by the perspective of both potential and actual competition in the industry. Using multivariate regression and efficiency frontier techniques, the emergent structure of unregulated airline markets is assessed. Our findings, based on panel data for major US airlines during the period 1984-1991, indicate that (1) as a result of successful efforts by airlines to reduce the scope for competition, aviation technology now exhibits increasing rather than constant returns to network size as predicted by cost studies prior to deregulation; (2) deregulation failed to produce evidence of efficiency convergence among carriers as would be expected under sufficiently competitive conditions.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/000368499323562

Publication date: September 1, 1999

More about this publication?
Related content

Share Content

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more