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The Effects Of Economic Regulation In The Istanbul Taxicab Market

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  • Tamer Çetin
  • Fuat Oğuz

Abstract

This paper discusses the regulation of the Istanbul taxicab market and its consequences. While price and entry regulations are common to many taxi markets, there are significant differences in their institutional frameworks. We examine the problems of the Istanbul market and offer recommendations to improve its efficiency.

Suggested Citation

  • Tamer Çetin & Fuat Oğuz, 2010. "The Effects Of Economic Regulation In The Istanbul Taxicab Market," Economic Affairs, Wiley Blackwell, vol. 30(3), pages 59-64, October.
    • Handle: RePEc:bla:ecaffa:v:30:y:2010:i:3:p:59-64
    DOI: 10.1111/j.1468-0270.2010.02023.x
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    References listed on IDEAS

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    1. George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring.
    2. Sean D. Barrett, 2003. "Regulatory Capture, Property Rights And Taxi Deregulation: A Case Study," Economic Affairs, Wiley Blackwell, vol. 23(4), pages 34-40, December.
    3. Keem, Jung Hoon, 2001. "The social cost of monopoly when consumers resist," European Journal of Political Economy, Elsevier, vol. 17(3), pages 633-639, September.
    4. Oecd, 2003. "Competition Issues in Road Transport," OECD Journal: Competition Law and Policy, OECD Publishing, vol. 4(4), pages 35-133.
    5. Bartel, Ann P & Thomas, Lacy Glenn, 1985. "Direct and Indirect Effects of Regulation: A New Look at OSHA's Impact," Journal of Law and Economics, University of Chicago Press, vol. 28(1), pages 1-25, April.
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    Cited by:

    1. Çetin, Tamer & Yasin Eryigit, Kadir, 2013. "The economic effects of government regulation: Evidence from the New York taxicab market," Transport Policy, Elsevier, vol. 25(C), pages 169-177.

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