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The economics of the Internet, the new economy and opportunities for airports

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  • Gillen, David
  • Lall, Ashish

Abstract

This paper provides an overview of how the new economy and the Internet have and are likely to change the conduct of business. The Internet creates value on both sides—on the demand side by allowing firms to customize to suit specific consumer needs and on the supply side by reducing costs. Our particular interest is in identifying opportunities for airports, which are almost an afterthought in the travel industry. Our survey of online trends indicates that airports are essentially local brands and the value proposition lies in complementing the local economy.

Suggested Citation

  • Gillen, David & Lall, Ashish, 2002. "The economics of the Internet, the new economy and opportunities for airports," Journal of Air Transport Management, Elsevier, vol. 8(1), pages 49-62.
    • Handle: RePEc:eee:jaitra:v:8:y:2002:i:1:p:49-62
    DOI: 10.1016/S0969-6997(01)00041-2
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    References listed on IDEAS

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    1. Michael L. Katz & Carl Shapiro, 1994. "Systems Competition and Network Effects," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 93-115, Spring.
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    Cited by:

    1. Bracaglia, Valentina & D׳Alfonso, Tiziana & Nastasi, Alberto, 2014. "Competition between multiproduct airports," Economics of Transportation, Elsevier, vol. 3(4), pages 270-281.
    2. Pradhan, Rudra P. & Arvin, Mak B. & Norman, Neville R., 2015. "The dynamics of information and communications technologies infrastructure, economic growth, and financial development: Evidence from Asian countries," Technology in Society, Elsevier, vol. 42(C), pages 135-149.
    3. O’Connell, John F. & Williams, George, 2005. "Passengers’ perceptions of low cost airlines and full service carriers: A case study involving Ryanair, Aer Lingus, Air Asia and Malaysia Airlines," Journal of Air Transport Management, Elsevier, vol. 11(4), pages 259-272.
    4. Manas Tripathi & Sarveshwar Kumar Inani, 2016. "Does internet affect economic growth in sub-Saharan Africa?," Economics Bulletin, AccessEcon, vol. 36(4), pages 1993-2002.
    5. Martin-Domingo, Luis & Martín, Juan Carlos, 2016. "Airport mobile internet an innovation," Journal of Air Transport Management, Elsevier, vol. 55(C), pages 102-112.
    6. Valentina Bracaglia & Tiziana D'Alfonso & Alberto Nastasi, 2014. "Multiproduct airport competition and e-commerce strategies," DIAG Technical Reports 2014-04, Department of Computer, Control and Management Engineering, Universita' degli Studi di Roma "La Sapienza".
    7. Rudra P. Pradhan & Samadhan Bele & Shashikant Pandey, 2013. "Internet-growth nexus: evidence from cross-country panel data," Applied Economics Letters, Taylor & Francis Journals, vol. 20(16), pages 1511-1515, November.
    8. repec:aeg:report:2014-4 is not listed on IDEAS

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