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The 2011 Martin Kunz Memorial Lecture: Air transport, the environment and institutional economics

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  • Button, Kenneth

Abstract

The focus of this paper looks the role that institutional economics can play in helping our understanding of how environmental problems arise in the air transport sector, and how policy responses are derived. It is positive in the sense that it seeks to help our understanding of things, rather than being in anyway prescriptive about what should be done to enhance the environmental performance of the air transport sector. What does seem to be clear is that simply arguments over alternative policy tools or packages of tools is rather sterile without due consideration of the prevailing institutional structures.

Suggested Citation

  • Button, Kenneth, 2013. "The 2011 Martin Kunz Memorial Lecture: Air transport, the environment and institutional economics," Journal of Air Transport Management, Elsevier, vol. 26(C), pages 1-7.
  • Handle: RePEc:eee:jaitra:v:26:y:2013:i:c:p:1-7
    DOI: 10.1016/j.jairtraman.2012.08.007
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    References listed on IDEAS

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    1. Williamson, Oliver E., 2010. "Transaction Cost Economics: The Natural Progression," Journal of Retailing, Elsevier, vol. 86(3), pages 215-226.
    2. North, Douglass C, 1994. "Economic Performance through Time," American Economic Review, American Economic Association, vol. 84(3), pages 359-368, June.
    3. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    4. Oliver E. Williamson, 2000. "The New Institutional Economics: Taking Stock, Looking Ahead," Journal of Economic Literature, American Economic Association, vol. 38(3), pages 595-613, September.
    5. Jon P. Nelson, 2004. "Meta-Analysis of Airport Noise and Hedonic Property Values," Journal of Transport Economics and Policy, University of Bath, vol. 38(1), pages 1-27, January.
    6. Herbert A. Simon, 1955. "A Behavioral Model of Rational Choice," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 69(1), pages 99-118.
    7. Kenneth Button, 2011. "Does Institutional Economics Add To Our Understanding Of Transport Ation? Air Transport Policy As An Example," Articles, International Journal of Transport Economics, vol. 38(2).
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    Cited by:

    1. Aleksandra Górecka & Joanna Baran & Helga Pavlic Skender & Mirjana Grcic Fabic, 2018. "Correlation Between Inland Transport Efficiency, Gdp And Environmental Aspects In Eu Countries," Business Logistics in Modern Management, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 18, pages 453-470.
    2. Qiu, Rui & Hou, Shuhua & Meng, Zhiyi, 2021. "Low carbon air transport development trends and policy implications based on a scientometrics-based data analysis system," Transport Policy, Elsevier, vol. 107(C), pages 1-10.

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