Balancing competition and cooperation: Evidence from transatlantic airline markets
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Bilotkach, Volodymyr & Hüschelrath, Kai, 2019. "Balancing competition and cooperation: Evidence from transatlantic airline markets," Transportation Research Part A: Policy and Practice, Elsevier, vol. 120(C), pages 1-16.
References listed on IDEAS
- Volodymyr Bilotkach, 2011. "Multimarket Contact and Intensity of Competition: Evidence from an Airline Merger," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 38(1), pages 95-115, January.
- Bruce Kogut, 1988. "Joint ventures: Theoretical and empirical perspectives," Strategic Management Journal, Wiley Blackwell, vol. 9(4), pages 319-332, July.
- W. Whalen, 2007. "A panel data analysis of code-sharing, antitrust immunity, and open skies treaties in international aviation markets," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 30(1), pages 39-61, February.
- Cabral, Luis M. B., 2000. "Introduction to Industrial Organization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262032864, April.
- John Kwoka & Evgenia Shumilkina, 2010. "The Price Effect Of Eliminating Potential Competition: Evidence From An Airline Merger," Journal of Industrial Economics, Wiley Blackwell, vol. 58(4), pages 767-793, December.
- Arellano, Manuel & Bover, Olympia, 1995.
"Another look at the instrumental variable estimation of error-components models,"
Journal of Econometrics, Elsevier, vol. 68(1), pages 29-51, July.
- M Arellano & O Bover, 1990. "Another Look at the Instrumental Variable Estimation of Error-Components Models," CEP Discussion Papers dp0007, Centre for Economic Performance, LSE.
- Philippe Barla & Christos Constantatos, 2006.
"On The Choice between Strategic Alliance and Merger in the Airline Sector: The Role of Strategic Effects,"
Journal of Transport Economics and Policy, University of Bath, vol. 40(3), pages 409-424, September.
- Barla, Philippe & Constantatos, Christos, 2005. "On the Choice between Strategic Alliance and Merger in the Airline Sector: the Role of Strategic Effects," Cahiers de recherche 0502, Université Laval - Département d'économique.
- Barla, Philippe & Constantatos, Christos, 2005. "On the Choice between Strategic Alliance and Merger in the Airline Sector: the Role of Strategic Effects," Cahiers de recherche 0502, GREEN.
- Jan K. Brueckner, 2003. "International Airfares in the Age of Alliances: The Effects of Codesharing and Antitrust Immunity," The Review of Economics and Statistics, MIT Press, vol. 85(1), pages 105-118, February.
- Volodymyr Bilotkach & Kai Hüschelrath, 2011.
"Antitrust Immunity For Airline Alliances,"
Journal of Competition Law and Economics, Oxford University Press, vol. 7(2), pages 335-380.
- Bilotkach, Volodymyr & Hüschelrath, Kai, 2010. "Antitrust immunity for airline alliances," ZEW Discussion Papers 10-080, ZEW - Leibniz Centre for European Economic Research.
- Jong-Hun Park & Anming Zhang, 2000. "An Empirical Analysis of Global Airline Alliances: Cases in North Atlantic Markets," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 16(4), pages 367-384, June.
- Volodymyr Bilotkach, 2007. "Price effects of airline consolidation: evidence from a sample of transatlantic markets," Empirical Economics, Springer, vol. 33(3), pages 427-448, November.
- Bilotkach, Volodymyr & Fageda, Xavier & Flores-Fillol, Ricardo, 2013.
"Airline consolidation and the distribution of traffic between primary and secondary hubs,"
Regional Science and Urban Economics, Elsevier, vol. 43(6), pages 951-963.
- Bilotkach, Volodymyr & Fageda, Xavier, 1975- & Flores-Fillol, Ricardo, 2012. "Airline Consolidation and the Distribution of Traffic between Primary and Secondary Hubs," Working Papers 2072/211632, Universitat Rovira i Virgili, Department of Economics.
- Brueckner, Jan K., 2001. "The economics of international codesharing: an analysis of airline alliances," International Journal of Industrial Organization, Elsevier, vol. 19(10), pages 1475-1498, December.
- Volodymyr Bilotkach, 2005. "Price Competition between International Airline Alliances," Journal of Transport Economics and Policy, University of Bath, vol. 39(2), pages 167-190, May.
- Chen, Yongmin & Gayle, Philip G., 2007. "Vertical contracting between airlines: An equilibrium analysis of codeshare alliances," International Journal of Industrial Organization, Elsevier, vol. 25(5), pages 1046-1060, October.
- Brueckner, Jan K & Whalen, W Tom, 2000. "The Price Effects of International Airline Alliances," Journal of Law and Economics, University of Chicago Press, vol. 43(2), pages 503-545, October.
- Masaaki Kotabe & K. Scott Swan, 1995. "The role of strategic alliances in high‐technology new product development," Strategic Management Journal, Wiley Blackwell, vol. 16(8), pages 621-636.
- Ricardo Flores-Fillol & Rafael Moner-Colonques, 2007. "Strategic Formation of Airline Alliances," Journal of Transport Economics and Policy, University of Bath, vol. 41(3), pages 427-449, September.
- Volodymyr Bilotkach & Kai Hüschelrath, 2013.
"Airline Alliances, Antitrust Immunity, and Market Foreclosure,"
The Review of Economics and Statistics, MIT Press, vol. 95(4), pages 1368-1385, October.
- Bilotkach, Volodymyr & Hüschelrath, Kai, 2010. "Airline alliances, antitrust immunity and market foreclosure," ZEW Discussion Papers 10-083, ZEW - Leibniz Centre for European Economic Research.
- Bilotkach, Volodymyr & Hüschelrath, Kai, 2012. "Airline alliances, antitrust immunity and market foreclosure," ZEW Discussion Papers 10-083 [rev.], ZEW - Leibniz Centre for European Economic Research.
- Volodymyr Bilotkach, 2007. "Airline Partnerships and Schedule Coordination," Journal of Transport Economics and Policy, University of Bath, vol. 41(3), pages 413-425, September.
- Su, Han Chan & Kensinger, John W. & Keown, Arthur J. & Martin, John D., 1997. "Do strategic alliances create value?," Journal of Financial Economics, Elsevier, vol. 46(2), pages 199-221, November.
- Frank T. Rothaermel & David L. Deeds, 2004. "Exploration and exploitation alliances in biotechnology: a system of new product development," Strategic Management Journal, Wiley Blackwell, vol. 25(3), pages 201-221, March.
- Park, Jong-Hun, 1997. "The effects of airline alliances on markets and economic welfare," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 33(3), pages 181-195, September.
- Manuel Arellano & Stephen Bond, 1991.
"Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(2), pages 277-297.
- Tom Doan, "undated". "RATS program to replicate Arellano-Bond 1991 dynamic panel," Statistical Software Components RTZ00169, Boston College Department of Economics.
- Shapiro, Carl & Willig, Robert D, 1990. "On the Antitrust Treatment of Production Joint Ventures," Journal of Economic Perspectives, American Economic Association, vol. 4(3), pages 113-130, Summer.
- Peters, Craig, 2006. "Evaluating the Performance of Merger Simulation: Evidence from the U.S. Airline Industry," Journal of Law and Economics, University of Chicago Press, vol. 49(2), pages 627-649, October.
- Brueckner, Jan K & Spiller, Pablo T, 1994. "Economies of Traffic Density in the Deregulated Airline Industry," Journal of Law and Economics, University of Chicago Press, vol. 37(2), pages 379-415, October.
- Bilotkach, Volodymyr, 2007. "Complementary versus semi-complementary airline partnerships," Transportation Research Part B: Methodological, Elsevier, vol. 41(4), pages 381-393, May.
- Bilotkach, Volodymyr & Hüschelrath, Kai, 2012. "Airline alliances and antitrust policy: The role of efficiencies," Journal of Air Transport Management, Elsevier, vol. 21(C), pages 76-84.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Warnock-Smith, David & Christidis, Panayotis, 2021. "European Union-Latin America/Caribbean air transport connectivity and competitiveness in different air policy contexts," Journal of Transport Geography, Elsevier, vol. 92(C).
- Bringmann, Katja & De Langhe, Katrien & Kupfer, Franziska & Sys, Christa & Van de Voorde, Eddy & Vanelslander, Thierry, 2018. "Cooperation between airports: A focus on the financial intertwinement of European airport operators," Journal of Air Transport Management, Elsevier, vol. 69(C), pages 59-71.
- Li, Lu & Wan, Yulai & Yang, Dong, 2024. "Do shipping alliances affect freight rates? Evidence from global satellite ship data," Transportation Research Part A: Policy and Practice, Elsevier, vol. 181(C).
- Le, Huubinh B. & Yimga, Jules O., 2023. "Codeshare restrictions as antitrust remedy," Transport Policy, Elsevier, vol. 138(C), pages 17-24.
- Daniel Rijken & Vincent (V.A.C.) van den Berg, 2017. "The Impact of Airline Mergers on Quality: Why Do Different Mergers Have Such Different Effects?," Tinbergen Institute Discussion Papers 17-079/VIII, Tinbergen Institute.
- Czerny, Achim I. & van den Berg, Vincent A.C. & Verhoef, Erik T., 2016. "Carrier collaboration with endogenous fleets and load factors when networks are complementary," Transportation Research Part B: Methodological, Elsevier, vol. 94(C), pages 285-297.
- Zhang, Shengrun & Fuellhart, Kurt & Yang, Wendong & Tang, Xiaowei & Witlox, Frank, 2019. "Factors shaping non-stop airline services in the transatlantic air transport market: 2015–2017," Journal of Transport Geography, Elsevier, vol. 80(C).
- Grosche, Tobias & Klophaus, Richard, 2024. "Codesharing and airline partnerships within, between and outside global alliances," Journal of Air Transport Management, Elsevier, vol. 117(C).
- Button, Kenneth & Porta, Flavio & Scotti, Davide, 2020. "The role of strategic airline alliances in Africa," MPRA Paper 108265, University Library of Munich, Germany.
- Yea, Minyoung & Kim, Daeki & Cheong, Taesu & Moon, Joon & Kang, Sungho, 2022. "Baking and slicing the pie: An application to the airline alliance's profit-sharing based on cooperative game theory," Journal of Air Transport Management, Elsevier, vol. 102(C).
- Tolcha, Tassew Dufera & Tchouamou Njoya, Eric & Bråthen, Svein & Holmgren, Johan, 2021. "Effects of African aviation liberalisation on economic freedom, air connectivity and related economic consequences," Transport Policy, Elsevier, vol. 110(C), pages 204-214.
- Menezes Bezerra Sampaio, Raquel & Urdanoz, Miguel, 2022. "Airlines' cooperation in the US domestic market: Measuring the evolution of price gaps," Transportation Research Part A: Policy and Practice, Elsevier, vol. 166(C), pages 424-443.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Volodymyr Bilotkach, 2019. "Airline Partnerships, Antitrust Immunity, and Joint Ventures: What We Know and What I Think We Would Like to Know," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 54(1), pages 37-60, February.
- Gayle, Philip G. & Thomas, Tyson, 2016.
"Assessing firm behavior in carve-out markets: Evidence on the impact of carve-out policy,"
Journal of Economic Behavior & Organization, Elsevier, vol. 128(C), pages 178-194.
- Gayle, Philip & Thomas, Tyson, 2016. "Assessing Firm Behavior in Carve-out Markets: Evidence on the Impact of Carve-out Policy," MPRA Paper 71205, University Library of Munich, Germany.
- Volodymyr Bilotkach & Kai Hüschelrath, 2013.
"Airline Alliances, Antitrust Immunity, and Market Foreclosure,"
The Review of Economics and Statistics, MIT Press, vol. 95(4), pages 1368-1385, October.
- Bilotkach, Volodymyr & Hüschelrath, Kai, 2010. "Airline alliances, antitrust immunity and market foreclosure," ZEW Discussion Papers 10-083, ZEW - Leibniz Centre for European Economic Research.
- Bilotkach, Volodymyr & Hüschelrath, Kai, 2012. "Airline alliances, antitrust immunity and market foreclosure," ZEW Discussion Papers 10-083 [rev.], ZEW - Leibniz Centre for European Economic Research.
- Xia, Wenyi & Zhang, Anming, 2016. "High-speed rail and air transport competition and cooperation: A vertical differentiation approach," Transportation Research Part B: Methodological, Elsevier, vol. 94(C), pages 456-481.
- Brueckner, Jan K. & Flores-Fillol, Ricardo, 2020. "Market structure and quality determination for complementary products: Alliances and service quality in the airline industry," International Journal of Industrial Organization, Elsevier, vol. 68(C).
- Bilotkach, Volodymyr & Hüschelrath, Kai, 2012. "Airline alliances and antitrust policy: The role of efficiencies," Journal of Air Transport Management, Elsevier, vol. 21(C), pages 76-84.
- Brueckner, Jan K. & Proost, Stef, 2010.
"Carve-outs under airline antitrust immunity,"
International Journal of Industrial Organization, Elsevier, vol. 28(6), pages 657-668, November.
- Jan K. Brueckner & Stef Proost, 2009. "Carve-Outs under Airline Antitrust Immunity," CESifo Working Paper Series 2848, CESifo.
- Jan K. Brueckner & Stef Proost, 2009. "Carve-Outs Under Airline Antitrust Immunity," Working Papers 091004, University of California-Irvine, Department of Economics.
- Alderighi, Marco & Gaggero, Alberto A. & Piga, Claudio A., 2015.
"The effect of code-share agreements on the temporal profile of airline fares,"
Transportation Research Part A: Policy and Practice, Elsevier, vol. 79(C), pages 42-54.
- Marco Alderighi & Alberto A. Gaggero & Claudio A. Piga, 2014. "The effect of code-share agreements on the temporal profile of airline fares," Working Paper series 27_14, Rimini Centre for Economic Analysis.
- Fageda, Xavier & Flores-Fillol, Ricardo & Theilen, Bernd, 2019. "Hybrid cooperation agreements in networks: The case of the airline industry," International Journal of Industrial Organization, Elsevier, vol. 62(C), pages 194-227.
- Gayle Philip G. & Thomas Tyson, 2015.
"Product Quality Effects of International Airline Alliances, Antitrust Immunity, and Domestic Mergers,"
Review of Network Economics, De Gruyter, vol. 14(1), pages 45-74, March.
- Gayle, Philip & Thomas, Tyson, 2015. "Product Quality Effects of International Airline Alliances, Antitrust Immunity, and Domestic Mergers," MPRA Paper 67788, University Library of Munich, Germany.
- Czerny, Achim I. & Jost, Peter-J. & Lang, Hao & Mantin, Benny, 2021. "Carrier collaboration with endogenous networks: Or, the limits of what carrier collaboration can achieve under antitrust immunity," Journal of Air Transport Management, Elsevier, vol. 94(C).
- Le, Huubinh B. & Yimga, Jules O., 2023. "Codeshare restrictions as antitrust remedy," Transport Policy, Elsevier, vol. 138(C), pages 17-24.
- Calzada, Joan & Fageda, Xavier & Safronov, Roman, 2022. "How do global airline alliances affect flight frequency? Evidence from Russia," Journal of Air Transport Management, Elsevier, vol. 98(C).
- Yimga, Jules, 2022. "Code-sharing agreements and path quality in the US airline industry," Transport Policy, Elsevier, vol. 116(C), pages 369-385.
- Bilotkach, Volodymyr & Fageda, Xavier & Flores-Fillol, Ricardo, 2013.
"Airline consolidation and the distribution of traffic between primary and secondary hubs,"
Regional Science and Urban Economics, Elsevier, vol. 43(6), pages 951-963.
- Bilotkach, Volodymyr & Fageda, Xavier, 1975- & Flores-Fillol, Ricardo, 2012. "Airline Consolidation and the Distribution of Traffic between Primary and Secondary Hubs," Working Papers 2072/211632, Universitat Rovira i Virgili, Department of Economics.
- Stephen Martin, 2012. "Market Structure and Market Performance," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 40(2), pages 87-108, March.
- Brueckner Jan K. & Picard Pierre M., 2013.
"Airline Alliances, Carve-Outs and Collusion,"
Review of Network Economics, De Gruyter, vol. 12(2), pages 211-227, June.
- Jan K. Brueckner & Pierre M. Picard, 2011. "Airline Alliances, Carve-Outs and Collusion," CESifo Working Paper Series 3593, CESifo.
- Jan K. Brueckner & Pierre M. Picard, 2012. "Airline Alliances, Carve-Outs and Collusion," DEM Discussion Paper Series 12-09, Department of Economics at the University of Luxembourg.
- Fageda, Xavier & Flores-Fillol, Ricardo & Lin, Ming Hsin, 2020. "Vertical differentiation and airline alliances: The effect of antitrust immunity," Regional Science and Urban Economics, Elsevier, vol. 81(C).
- Menezes Bezerra Sampaio, Raquel & Urdanoz, Miguel, 2022. "Airlines' cooperation in the US domestic market: Measuring the evolution of price gaps," Transportation Research Part A: Policy and Practice, Elsevier, vol. 166(C), pages 424-443.
- Adler, Nicole & Mantin, Benny, 2015. "Government and company contracts: The effect on service and prices in international airline markets," Economics of Transportation, Elsevier, vol. 4(3), pages 166-177.
More about this item
Keywords
air transportation; alliances; antitrust immunity; efficiencies; GMM estimator;All these keywords.
JEL classification:
- L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
- L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation
- K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
NEP fields
This paper has been announced in the following NEP Reports:- NEP-COM-2015-09-18 (Industrial Competition)
- NEP-COM-2015-09-26 (Industrial Competition)
- NEP-LAW-2015-09-18 (Law and Economics)
- NEP-NET-2015-09-18 (Network Economics)
- NEP-TRE-2015-09-18 (Transport Economics)
- NEP-TRE-2015-09-26 (Transport Economics)
- NEP-URE-2015-09-26 (Urban and Real Estate Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:zewdip:15059. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/zemande.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.