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Applied economics and understanding trends in air transportation policy

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  • Button, Kenneth
Abstract
This paper examines some of the important trends in economics that influenced the liberalization of aviation markets from the late 1970s, the role that economics has played in the subsequent assessment of the implications of these reforms and more recent policy “tweaking”, and at the possible importance of more recent trends in economic thinking in influencing future policy developments. It primarily highlights the roles played by economic analysis in understanding how markets for airline, airport, and air traffic control work, how many of these features have been quantified, and situations where serious market failures can occur.

Suggested Citation

  • Button, Kenneth, 2019. "Applied economics and understanding trends in air transportation policy," Transport Policy, Elsevier, vol. 80(C), pages 78-85.
    • Handle: RePEc:eee:trapol:v:80:y:2019:i:c:p:78-85
    DOI: 10.1016/j.tranpol.2019.04.022
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    References listed on IDEAS

    as
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    Cited by:

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    2. Howell, Charles & Grifell-Tatjé, Emili, 2022. "Market heterogeneity and the relationship between competition and price dispersion: Evidence from the U.S. airline market," Transport Policy, Elsevier, vol. 125(C), pages 218-230.
    3. Wu, You & Morlotti, Chiara & Mantin, Benny, 2024. "Shopping or dining? On passenger dwell time and non-aeronautical revenues," Journal of Air Transport Management, Elsevier, vol. 118(C).
    4. Andribet, Pierre & Baumgartner, Marc & Garot, Jean-Marc, 2022. "Reinventing European air traffic control based on the covid-19 pandemic experience," Utilities Policy, Elsevier, vol. 75(C).

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