Infrastructure Competition Regimes and Air Transport Costs is popular PDF and ePub book, written by Alejandro Micco in 2013, it is a fantastic choice for those who relish reading online the Uncategoriezed genre. Let's immerse ourselves in this engaging Uncategoriezed book by exploring the summary and details provided below. Remember, Infrastructure Competition Regimes and Air Transport Costs can be Read Online from any device for your convenience.
Infrastructure Competition Regimes and Air Transport Costs Book PDF Summary
The relevance of transport costs has increased as liberalization continues to reduce artificial barriers to trade. Countries need to adopt policies to get closer to global markets. Can improvements in infrastructure and regulation reduce transport costs? Is it worthwhile to implement policies designed to increase competition in transport markets? Focusing on air transport, which has increased its share in US imports from 24 percent in 1990 to 35 percent in 2000, this paper quantifies the effects of infrastructure, regulatory quality and liberalization of air cargo markets on transport costs. During the 1990s, the United States implemented a series of Open Skies Agreements, providing a unique opportunity to assess the effect that a change in the competition regime has on prices. We find that infrastructure, quality of regulation and competition matter. In our sample, an improvement in airport infrastructure from the 25th to 75th percentiles reduces air transport costs by 15 percent. A similar improvement in the quality of regulation reduces air transport costs by 14 percent. Open Skies Agreements further reduce air transport costs by 8 percent.
Detail Book of Infrastructure Competition Regimes and Air Transport Costs PDF
- Author : Alejandro Micco
- Release : 22 September 2024
- Publisher : Unknown
- ISBN : OCLC:931678645
- Genre : Uncategoriezed
- Total Page : null pages
- Language : English
- PDF File Size : 12,9 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book Infrastructure Competition Regimes and Air Transport Costs by Alejandro Micco, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.