Does privatization spur regulation?Evidence from the regulatory reform of European airports
AbstractThis paper conducts an empirical analysis of the relationship between privatization and regulation drawing on data from a wide sample of European airports. We find that privatization promotes a shift from basic regulation to a situation of more detailed or non-regulation, depending on the specific characteristics of the privatization process and on the type of airport being privatized. Moreover, we report a significant association between high traffic volumes and more detailed regulation. By contrast, airports where slot allocation is noncoordinated are significantly associated with non-regulation.
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Bibliographic InfoPaper provided by University of Barcelona, Research Institute of Applied Economics in its series IREA Working Papers with number 201004.
Length: 32 pages
Date of creation: Feb 2010
Date of revision: Feb 2010
Privatization; regulation; air transportation; airports JEL classification: L33; L42; L93;
Find related papers by JEL classification:
- air - - - - - -
- JEL - Labor and Demographic Economics - - - - -
- cla - - - - - -
- L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
- L42 - Industrial Organization - - Antitrust Issues and Policies - - - Vertical Restraints; Resale Price Maintenance; Quantity Discounts
- L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-02-20 (All new papers)
- NEP-REG-2010-02-20 (Regulation)
- NEP-URE-2010-02-20 (Urban & Real Estate Economics)
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