Competition, vertical relationship and countervailing power: Empirical evidence from the UK airport industry

Anna Bottasso; Martina Bruno; Maurizio Conti; Claudio Piga

doi:10.1007%2Fs11149-017-9332-z

Competition, vertical relationship and countervailing power: Empirical evidence from the UK airport industry

Anna Bottasso, Martina Bruno, Maurizio Conti, Claudio Piga

Research output: Contribution to journal › Article › peer-review

18 Citations (Scopus)

Abstract

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.

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	https://doi.org/10.1007%2Fs11149-017-9332-z
Publication status	Published - Aug 2017
Externally published	Yes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.1007%2Fs11149-017-9332-zLicence: Other

Cite this

@article{6008a6b0182b4644b20f54d337403305,

title = "Competition, vertical relationship and countervailing power: Empirical evidence from the UK airport industry",

abstract = "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{\textquoteright} market structure, we find that lower concentration in an airport{\textquoteright}s catchment area and higher airlines countervailing power are associated to lower aeronautical charges.",

keywords = "Airport, Competition, Countervailing power, Vertical relations",

author = "Anna Bottasso and Martina Bruno and Maurizio Conti and Claudio Piga",

year = "2017",

month = aug,

doi = "10.1007%2Fs11149-017-9332-z",

language = "English",

volume = "52",

pages = "37--62",

journal = "Journal of Regulatory Economics",

issn = "0922-680X",

publisher = "Springer Netherlands",

number = "1",

}

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 -

Competition, vertical relationship and countervailing power: Empirical evidence from the UK airport industry

Abstract

UN SDGs

Access to Document

Fingerprint

Cite this