Patterns and Effects of Entry in U.S. Airline Markets

被引：7

作者：

Hüschelrath K. ^{[1
,2
]}

Müller K. ^{[1
]}

机构：

[1] ZEW Centre for European Economic Research, Department for Industrial Economics and International Management, P.O. Box 10 34 43

[2] WHU Otto Beisheim School of Management, Burgplatz 2

来源：

Journal of Industry, Competition and Trade | 2013年 / 13卷 / 2期

关键词：

airline industry; entry; liberalisation; low-cost carriers;

D O I：

10.1007/s10842-011-0115-4

中图分类号：

学科分类号：

摘要：

We use T-100 traffic data and DB1B fare data from the U.S. Department of Transportation to identify patterns and effects of entry by network carriers and low-cost carriers in non-stop U.S. airline markets. For the sample period from 1996 to 2009, we find that entry activity of low-cost carriers did not only experience significant absolute increases but also led to substantial fare reductions. As route entries by network carriers do not have comparable effects, the existence and expansion of low-cost carriers must be considered as the main driver of competition in the domestic U.S. airline industry. © 2011 Springer Science+Business Media, LLC.

引用

页码：221 / 253

页数：32

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