Autor según el artículo: Fageda X; Flores-Fillol R; Lin M
Departamento: Economia
Autor/es de la URV: Flores Fillol, Ricardo
Palabras clave: Vertical differentiation Quality Price-competition Networks Mergers Markets International airfares Double marginalization Congestion Carriers Antitrust immunity Alliance Airport congestion Agreements
Resumen: © 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.
Áreas temáticas: 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
Direcció de correo del autor: ricardo.flores@urv.cat
Identificador del autor: 0000-0002-3506-1634
Fecha de alta del registro: 2024-07-27
Versión del articulo depositado: info:eu-repo/semantics/acceptedVersion
Enlace a la fuente original: https://www.sciencedirect.com/science/article/abs/pii/S0166046219302479
URL Documento de licencia: https://repositori.urv.cat/ca/proteccio-de-dades/
Referencia al articulo segun fuente origial: Regional Science And Urban Economics. 81 (103517):
Referencia 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
DOI del artículo: https://doi.org/10.1016/j.regsciurbeco.2020.103517
Entidad: Universitat Rovira i Virgili
Año de publicación de la revista: 2020
Tipo de publicación: Journal Publications
Repositori URV