Entry and Exit in a Liberalised Market
AbstractWe analyze the determinants of entry and exit in the European Airline Markets in the post-liberalization period. Unlike previous studies, we find that the presence of charter or seasonal operators and the level of quality provided by the incumbents are relevant to explain entry and exit. Differential traits in the main low cost airlines' entry and exit behavior are also analysed.
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Bibliographic InfoPaper provided by Department of Economics, Loughborough University in its series Discussion Paper Series with number 2005_10.
Date of creation: Dec 2005
Date of revision: May 2006
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Web page: http://www.lboro.ac.uk/departments/sbe/research/economics/index.html
More information through EDIRC
Entry; Exit; Airlines; Conditional Logit;
Other versions of this item:
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-12-20 (All new papers)
- NEP-COM-2005-12-20 (Industrial Competition)
- NEP-DCM-2005-12-20 (Discrete Choice Models)
- NEP-EEC-2005-12-20 (European Economics)
- NEP-ENT-2005-12-20 (Entrepreneurship)
- NEP-IND-2005-12-20 (Industrial Organization)
- NEP-TID-2005-12-20 (Technology & Industrial Dynamics)
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