WOULD U.S. TRAVELERS BENEFIT FROM ENTRY BY FOREIGN AIRLINES?
| 主讲人 |
Jia Yan |
简介 |
<p>We explore the potential benefits to U.S. travelers from granting foreign airlines cabotage rights. We design a new approach to obtain consistent estimates of the effect of Low-Cost Carrier (LCC) entry on fares in U.S. and EU markets, which addresses the endogeneity of entry. We then simulate the effect of allowing an EU LCC to serve U.S. markets and we find that U.S. travelers’ initial welfare gains would be modest because airline competition is already intense. However, travelers’ benefits are likely to grow significantly over time as all carriers develop their networks to offer seamless domestic and international travel.</p> |
| 时间 |
2019-05-13(Monday)16:40-18:00 |
地点 |
N302, Econ Building |
| 讲座语言 |
English |
主办单位 |
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| 承办单位 |
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类型 |
系列讲座 |
| 联系人信息 |
|
主持人 |
Shihe Fu |
| 专题网站 |
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专题 |
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| 主讲人简介 |
<p>Professor (with tenure), Washington State University.</p>
<p><a href="/Upload/File/2019/4/20190423044456618.pdf">Upload/File/2019/4/20190423044456618.pdf</a></p> |
期数 |
制度的经济学分析系列2019年春季学期第三讲 |
