Abstract
| Original language | English |
|---|---|
| Pages (from-to) | 37-62 |
| Number of pages | 26 |
| Journal | Journal of Regulatory Economics |
| Volume | 52 |
| Issue number | 1 |
| Early online date | 29 May 2017 |
| DOIs | |
| Publication status | Published - Aug 2017 |
| Externally published | Yes |
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Competition, vertical relationship and countervailing power : Empirical evidence from the UK airport industry. / Bottasso, Anna; Bruno, Martina; Conti, Maurizio; Piga, Claudio.
In: Journal of Regulatory Economics, Vol. 52, No. 1, 08.2017, p. 37-62.Research output: Contribution to journal › Article
TY - JOUR
T1 - Competition, vertical relationship and countervailing power
T2 - Empirical evidence from the UK airport industry
AU - Bottasso, Anna
AU - Bruno, Martina
AU - Conti, Maurizio
AU - Piga, Claudio
PY - 2017/8
Y1 - 2017/8
N2 - In this paper, we study whether competition in the airport market and the vertical interactions between upstream airports and downstream airlines influence the airport pricing decisions. Using a panel of the 24 largest UK airports, as well as a refined definition of airports’ market structure, we find that lower concentration in an airport’s catchment area and higher airlines countervailing power are associated to lower aeronautical charges.
AB - In this paper, we study whether competition in the airport market and the vertical interactions between upstream airports and downstream airlines influence the airport pricing decisions. Using a panel of the 24 largest UK airports, as well as a refined definition of airports’ market structure, we find that lower concentration in an airport’s catchment area and higher airlines countervailing power are associated to lower aeronautical charges.
KW - Airport
KW - Competition
KW - Countervailing power
KW - Vertical relations
U2 - 10.1007%2Fs11149-017-9332-z
DO - 10.1007%2Fs11149-017-9332-z
M3 - Article
VL - 52
SP - 37
EP - 62
JO - Journal of Regulatory Economics
JF - Journal of Regulatory Economics
SN - 0922-680X
IS - 1
ER -