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Does privatization spur regulation?Evidence from the regulatory reform of European airports

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Author Info

  • Germà Bel

    ()
    (Faculty of Economics, University of Barcelona)

  • Xavier Fageda

    ()
    (Faculty of Economics, University of Barcelona)

Abstract

This 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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File URL: http://www.ub.edu/irea/working_papers/2010/201004.pdf
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Bibliographic Info

Paper provided by University of Barcelona, Research Institute of Applied Economics in its series IREA Working Papers with number 201004.

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Length: 32 pages
Date of creation: Feb 2010
Date of revision: Feb 2010
Handle: RePEc:ira:wpaper:201004

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Postal: Tinent Coronel Valenzuela, Num 1-11 08034 Barcelona
Web page: http://www.ub.edu/irea/
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Related research

Keywords: Privatization; regulation; air transportation; airports JEL classification: L33; L42; L93;

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Cited by:
  1. Lluís Bermúdez & Antoni Ferri & Montse Guillén, 2011. "A correlation sensitivity analysis of non-life underwriting risk in solvency capital requirement estimation," IREA Working Papers 201113, University of Barcelona, Research Institute of Applied Economics, revised Sep 2011.
  2. Germà Bel & Xavier Fageda & Melania Mur, 2011. "Why do municipalities cooperate to provide local public services? An empirical analysis," IREA Working Papers 201118, University of Barcelona, Research Institute of Applied Economics, revised Oct 2011.
  3. David Castells & Vicente Royuela, 2011. "Agglomeration, Inequality and Economic Growth," IREA Working Papers 201114, University of Barcelona, Research Institute of Applied Economics, revised Apr 2012.
  4. Miguel Santolino & Catalina Bolancé & Manuela Alcañiz, 2011. "Factors affecting hospital admission and recovery stay duration of in-patient motor victims in Spain," IREA Working Papers 201119, University of Barcelona, Research Institute of Applied Economics, revised Oct 2011.
  5. Martin Iltis, 2010. "A brief overview of airport regulation in Europe," Ekonomika a Management, University of Economics, Prague, vol. 2010(3).

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