Product Quality Effects of International Airline Alliances, Antitrust Immunity, and Domestic Mergers

IF 0.9 4区经济学 Q3 ECONOMICS

Review of Network Economics Pub Date : 2015-03-01 DOI:10.1515/rne-2015-0026

Philip G. Gayle, Tyson Thomas

引用次数: 13

Abstract

Abstract Much of the literature on airline cooperation focuses on the price effects of cooperation. A key contribution of our paper is to empirically examine the product quality effects of airline cooperation. Two common types of cooperation among airlines involve international alliances and antitrust immunity (ATI), where ATI allows for more extensive cooperation. Additionally, this paper examines the extent to which domestic mergers affect the quality of international air travel products. The results suggest that increases in the membership of a carrier’s alliance or ATI partners and domestic mergers are associated with the carrier’s own products having more travel-convenient routing quality. Therefore, a complete welfare evaluation of airline cooperation and mergers should not ignore product quality effects.

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国际航空联盟、反垄断豁免与国内合并的产品质量效应

许多关于航空公司合作的文献都集中在合作的价格效应上。本文的一个重要贡献是实证检验了航空公司合作对产品质量的影响。航空公司之间的两种常见合作类型包括国际联盟和反垄断豁免(ATI)，其中ATI允许更广泛的合作。此外，本文还考察了国内并购对国际航空旅行产品质量的影响程度。结果表明，航空公司联盟或ATI合作伙伴成员的增加以及国内合并与航空公司自己的产品具有更方便旅行的路由质量有关。因此，对航空公司合作合并进行完整的福利评价时，不应忽视产品质量效应。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Review of Network Economics ECONOMICS-

CiteScore

0.90

自引率

0.00%

发文量

期刊介绍： The Review of Network Economics seeks to help policy makers, academics, and practitioners keep informed of new research and policy debate in network economics and related subjects that are relevant to the study of network industries. By publishing high quality research on topical issues relevant to network industries, it is hoped readers will be able to gain a deeper understanding of the economic issues involved and that this will improve the quality of decision making by private and public organisations, and debate among researchers. The articles can cover specific network industries, or may deal with general issues that have relevance to a number of different network industries, including topics in the economics of networks, regulation, competition law, or industrial organisation. Papers that provide insights into policy debates are especially welcome, as are up-to-date surveys, book reviews, and comments.