Competition, vertical relationship and countervailing power in the UK airport industry

被引：12

作者：

Bottasso, Anna ^{[1
]}

Bruno, Martina ^{[1
]}

Conti, Maurizio ^{[2
]}

Piga, Claudio ^{[3
]}

机构：

[1] Univ Genoa, Sch Social Sci, Dept Econ & Business, Via Vivaldi 5, I-16126 Genoa, Italy

[2] European Commiss, JRC, Ispra, Italy

[3] Keele Univ, Keele Management Sch, Keele ST5 5BG, Staffs, England

来源：

JOURNAL OF REGULATORY ECONOMICS | 2017年 / 52卷 / 01期

关键词：

Airport; Competition; Countervailing power; Vertical relations; WEAK INSTRUMENTS; US AIRPORTS;

D O I：

10.1007/s11149-017-9332-z

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

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.

引用

页码：37 / 62

页数：26

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