Autor segons l'article: Fageda X; Flores-Fillol R; Lin M
Departament: Economia
Autor/s de la URV: Flores Fillol, Ricardo
Paraules clau: Vertical differentiation Quality Price-competition Networks Mergers Markets International airfares Double marginalization Congestion Carriers Antitrust immunity Alliance Airport congestion Agreements
Resum: © 2020 Elsevier B.V. This paper explores the impact of granting antitrust immunity (ATI) to airline alliances in a novel and realistic framework characterized by vertically-differentiated air services. Our theoretical model suggests that non-ATI alliances result in higher quality services at higher fares, whereas granting ATI produces the opposite effect. Using data on the transatlantic market over the period 2010–2017, our theoretical findings on service quality are empirically confirmed. We also relate our theoretical predictions on fares to the empirical results in Brueckner and Singer (2019). Our results indicate that alliances (ATI and non-ATI) concentrate a higher proportion of frequencies on high-quality routings, although airport congestion could mitigate this effect.
Àrees temàtiques: Urban studies Human geography and urban studies Geografia i urbanisme Geografía Environmental studies Economics and econometrics Economics Economia Ciencias sociales Business and management
ISSN: 01660462
Adreça de correu electrònic de l'autor: ricardo.flores@urv.cat
Identificador de l'autor: 0000-0002-3506-1634
Data d'alta del registre: 2024-07-27
Versió de l'article dipositat: info:eu-repo/semantics/acceptedVersion
URL Document de llicència: https://repositori.urv.cat/ca/proteccio-de-dades/
Referència a l'article segons font original: Regional Science And Urban Economics. 81 (103517):
Referència de l'ítem segons les normes APA: Fageda X; Flores-Fillol R; Lin M (2020). Vertical differentiation and airline alliances: The effect of antitrust immunity. Regional Science And Urban Economics, 81(103517), -. DOI: https://doi.org/10.1016/j.regsciurbeco.2020.103517
Entitat: Universitat Rovira i Virgili
Any de publicació de la revista: 2020
Tipus de publicació: Journal Publications
Repositori URV