The impact of hub hierarchy and market competition on airfare pricing in US hub-to-hub markets

被引:14
作者
Zhang, Shengrun [1 ]
Derudder, Ben [1 ]
Witlox, Frank [1 ]
机构
[1] Univ Ghent, Dept Geog, B-9000 Ghent, Belgium
关键词
Hub hierarchy; Airfare pricing; Competition; Full-service carriers; MULTI-AIRPORT REGIONS; LOW-COST; SOUTHWEST-AIRLINES; SPOKE NETWORKS; ENTRY; INDUSTRY; CARRIERS; POWER;
D O I
10.1016/j.jairtraman.2013.06.016
中图分类号
U [交通运输];
学科分类号
08 ; 0823 ;
摘要
This paper explores factors influencing the pricing behaviour of full-service carriers in hub-to-hub markets, which to date have rarely been the exclusive focus of research. Drawing on a 2009 dataset containing route and airfare information, we estimate a pricing model for the hub-to-hub markets in the United States. Our econometric analysis suggests that an airport's position in carriers' hub hierarchies, competition from low-cost carriers, and other market structure variables influence average airfares. (C) 2013 Elsevier Ltd. All rights reserved.
引用
收藏
页码:65 / 70
页数:6
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