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The Evolution of U.S. Airline Competition

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  • Severin Borenstein

Abstract

The next section reviews the evolution of the domestic airline industry since the late 1970s, when it was abruptly freed from most regulatory constraints on pricing, entry, and exit. (International air travel is considered here only as it relates to competition in the domestic industry.) The following sections will examine structure issues and strategic developments in airline competition and discuss public policy options in dealing with the airline industry.

Suggested Citation

  • Severin Borenstein, 1992. "The Evolution of U.S. Airline Competition," Journal of Economic Perspectives, American Economic Association, vol. 6(2), pages 45-73, Spring.
    • Handle: RePEc:aea:jecper:v:6:y:1992:i:2:p:45-73
    Note: DOI: 10.1257/jep.6.2.45
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    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.6.2.45
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    References listed on IDEAS

    as
    1. Hurdle, Gloria J, et al, 1989. "Concentration, Potential Entry, and Performance in the Airline Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 38(2), pages 119-139, December.
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    More about this item

    JEL classification:

    • L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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