Liberalization and efficiency in slot-constrained airports

IF 6.3 2区工程技术 Q1 ECONOMICS

Transport Policy Pub Date : 2024-12-24 DOI:10.1016/j.tranpol.2024.12.015

Pierre M. Picard , Alessandro Tampieri , Xi Wan

引用次数: 0

Abstract

We investigate the presence of inefficiency in slot allocation when an airport allocates slots in destination markets served by monopoly and duopoly airlines, with the number of available peak-time slots constrained by airport capacity. When an airport maintains regulated per-passenger fees, we observe the emergence of allocative inefficiency. Conversely, in scenarios where an airport has the autonomy to set fees, we find that, in line with empirical evidence, fee liberalization resolves these allocative inefficiencies by increasing per-passenger fees. However, the improvement in allocation efficiency may be counterbalanced by the rise in fees, potentially impacting overall welfare.

查看原文本刊更多论文

求助全文

约1分钟内获得全文求助全文

来源期刊

Transport Policy Multiple-

CiteScore

12.10

自引率

10.30%

发文量

282

期刊介绍： Transport Policy is an international journal aimed at bridging the gap between theory and practice in transport. Its subject areas reflect the concerns of policymakers in government, industry, voluntary organisations and the public at large, providing independent, original and rigorous analysis to understand how policy decisions have been taken, monitor their effects, and suggest how they may be improved. The journal treats the transport sector comprehensively, and in the context of other sectors including energy, housing, industry and planning. All modes are covered: land, sea and air; road and rail; public and private; motorised and non-motorised; passenger and freight.