Download or read book Review of Price Regulation of Airport Services written by and published by . This book was released on 2006 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seeks "to enhance the usefulness of price monitoring in providing guidance on whether there has been any misuse of market power by airports." - overview.
Download or read book Review of Price Regulation of Airports Services written by Productivity Commission and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Productivity Commission's inquiry report into 'Review of Price Regulation of Airport Services' was tabled in Parliament in April 2007. A price monitoring regime for airport services was introduced at Australia's seven major mainland airports by the Australian Government following an inquiry by the Productivity Commission in 2002. In April 2006, the Government asked the Commission to conduct an inquiry to examine the effectiveness of that regime and to advise on any changes that should be made. The Commission's final report was released in April 2007. In announcing a new price monitoring regime for airport services in Australia beyond 2007, the Government accepted the bulk of the Commission's arguments and recommendations, including in relation to: more limited airport coverage - Sydney, Melbourne, Brisbane, Perth and Adelaide Airports - with Darwin and Canberra Airports excluded from monitoring from mid 2007; the introduction of a 'show cause' process for triggering further investigations of a monitored airports' conduct, and the establishment of a 'starting' aeronautical asset base for future asset valuation purposes; and a slight expansion in the range of monitored services at the five major airports. The Government also accepted the Commission's recommendation for a further independent review in 2012.
Download or read book The Economic Regulation of Airports written by Peter Forsyth and published by Routledge. This book was released on 2017-09-29 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This tour d'horizon book reviews airport regulation and competition in different regions of the world and contrasts different policy perspectives. Organized in four parts, the first three examine, in turn, Australasia, North America, and Europe, while the last section looks at the institutional reforms that have taken place in these regions. The book covers the regulation of airports, and competition in different regions, as well as privatization policy, the interaction between airports and airlines, and regional economic impacts. It also examines the linkages between governance structures and forms of regulation. The book's global sweep embraces all the large aviation markets, bringing together the ideas and challenges of academic economists, airlines, airport managers, consultants and government regulators. As well as looking at different methods, degrees and paradigms of regulation it also spells out the stress-points, in a way that makes essential reading for airport operators, airline operations staff, as well as academic economists concerned with transport studies. It also offers interesting reading and important lessons for those concerned with regulation of the utility industries such as, telecommunications, water and power generation and distribution - where infrastructure can be subject to natural monopoly characteristics and where firms competing in downstream markets are dependent on the investment and operational strategies of the upstream infrastructure operator.
Download or read book Price Regulation of Airport Services written by and published by . This book was released on 2006 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Price Regulation of Airport Services written by and published by . This book was released on 2001 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Government Response to the Productivity Commission Inquiry Report written by Australia and published by . This book was released on 2007 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A General Equilibrium Analysis of Airport Pricing Capacity and Regulation written by Yukihiro Kidokoro and published by . This book was released on 2016 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a general-equilibrium model that includes consumers, airlines, and an airport with both aeronautical service and non-aeronautical service, this paper investigates the airport's decisions on its aeronautical charge and capacity, as well as the size of its non-aeronautical service. In contrast to the existing literature, we formerly model an airport's non-aeronautical service by taking into account both the substitutability between goods sold at the airport and those sold elsewhere, and the endogenous determination of the size of the airport's non-aeronautical service. After characterizing the results for welfare maximization, we find that the self-financing property does not hold. Apart from carriers' market power as a source for the failure of the self-financing property, we further identify the presence of non-aeronautical service as a new source. Essentially, the airport has an incentive to reduce airport charge as this stimulates its passenger volume, which in turn will increase the unit rent it can derive from shop space. Furthermore, we derive the results for profit maximization by a monopolistic airport, and demonstrate that the imposition of two taxes, one on the airport's aeronautical service and the other on the airport capacity investment, can recover the welfare-maximization results. Our analysis on airport regulation shows that dual-till regulation yields higher welfare than single-till regulation, as long as the profit from non-aeronautical service is positive. This result is in contrast to the prevailing wisdom in the literature, which in general favors single-till regulation.
Download or read book Economic Regulation of Urban and Regional Airports written by Peter Forsyth and published by Springer Nature. This book was released on 2023-05-02 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers new insights into the theory and practice of economic airport regulation. In light of recent developments in aviation markets and policy, and the debate on airport regulation and benchmarking, it offers case studies on various aspects of economic regulation of city and regional airports. Written by experts in the field, the volume features contributions on the theory of regulation and benchmarking, as well as case studies on recent experiences in Europe and Latin America. This book is divided into three parts: Part I provides the theoretical background for the study of airport regulation and regulatory systems. Competition at airports is discussed, as are common forms of regulation and potential pitfalls. Part II addresses benchmarking, as benchmarking is often applied as an input to the regulatory process. Although benchmarking is necessary, reviews of how benchmarking is applied in the literature and in practice show that improvements can be made. Part III provides case studies on real-world examples. Addressing the question of whether and how European airport regulators set incentives for efficiency, and how benchmarking is used in the regulatory process, this book is an important contribution to the development of the transport industry in Europe and Latin America. It will appeal to scholars and students in transport economics, regional economics and related fields, as well as to practitioners and policy makers in the transport industry.
Download or read book Aviation Cost Allocation Study written by United States. Department of Transportation. Office of Policy Review and published by . This book was released on 1972 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Airport Competition written by Peter Forsyth and published by Routledge. This book was released on 2016-03-23 with total page 463 pages. Available in PDF, EPUB and Kindle. Book excerpt: The break-up of BAA and the blocked takeover of Bratislava airport by the competing Vienna airport have brought the issue of airport competition to the top of the agenda for air transport policy in Europe. Airport Competition reviews the current state of the debate and asks whether airport competition is strong enough to effectively limit market power. It provides evidence on how travellers chose an airport, thereby altering its competitive position, and on how airports compete in different regions and markets. The book also discusses the main policy implications of mergers and subsidies.
Download or read book Aviation Markets written by David Starkie and published by Ashgate Publishing, Ltd.. This book was released on 2008 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a collection of 17 papers selected from David Starkie's extensive writings over the last 25 years. Previously published material has been extensively edited and adapted and combined with new material, published here for the first time. The book is divided into five sections, each featuring an original overview chapter, to better establish the background and also explain the papers' wider significance including, wherever appropriate, their relevance to current policy issues. These papers have been selected to illustrate a significant theme that has been relatively neglected thus far in both aviation and industrial economics: the role of the market and its interplay with the development of economic policy in the context of a dynamic but partly price regulated industry. The result provides a strong flavour of how market mechanisms, and particularly competition, can operate to successfully resolve policy issues.
Download or read book The Economics of Airport Operations written by James Peoples and published by Emerald Group Publishing. This book was released on 2017-10-03 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the role that airports play in economic development and land values, the regulation and economic efficiency of airports, airport pricing and competition, and the role played by airports in influencing airline operations and networks.
Download or read book Airport Regulation Investment and Development of Aviation written by OECD and published by OECD Publishing. This book was released on 2010-11-26 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report reviews recent experience with airport regulation on the basis of discussions at the International Transport Forum between leaders of airlines and airports together with regulators and economists.
Download or read book Can Market Power Be Controlled by Regulation of Core Prices Alone written by Achim Ingo Czerny and published by . This book was released on 2015 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many firms offer “core” and “side” goods in the sense that side-good consumption is conditional on core-good consumption. Airports are a common example where the supply of runway and terminal capacity is the core good and the supply of various concession services (for example, car rental services) is the side good. While side-good supply can be responsible for a major share in total revenue, monopoly regulation typically concentrates on the control of core-good prices (“core prices” in short). Whether market power can indeed be effectively controlled by the regulation of core prices alone then depends on whether core-good consumption is a function of the price for side goods. This study empirically shows that a one-dollar increase in the daily car rental price reduces passenger demand at 199 US airports by more than 0.36 percent. A major implication of our findings is that for the case of airports, the effective control of market power may require regulation of both prices for core and side goods.
Download or read book The Economics of Airport Operations written by James Peoples and published by Emerald Group Publishing. This book was released on 2017-10-03 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the role that airports play in economic development and land values, the regulation and economic efficiency of airports, airport pricing and competition, and the role played by airports in influencing airline operations and networks.
Download or read book Airport Ownership Management and Price Regulation electronic Resource Report written by Michael W. Tretheway and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Privatization Regulation and Airport Pricing written by Germà Bel and published by . This book was released on 2009 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
