Airport's Profit Sharing: Effects on Investment Incentives, Competition and Social Welfare

• Tipo: Artigo em Revista Científica Internacional
• Data: 2013

Autores

Paula Sarmento (Autor) FEP; António Brandão (Autor) FEP

Revista

Título: European Journal of Transport and Infrastructure Research

Vol. 13 Nº 4

Páginas: 291-314

ISSN: 1567-7133

Editora: EDITORIAL BOARD EJTIR

Indexação

ISI Web of Knowledge - 3 Citações

Scopus - 4 Citações

Classificação Científica

FOS: Ciências sociais > Economia e gestão

CORDIS: Ciências Sociais > Economia

Outras Informações

ID Authenticus: P-008-GG1

Abstract (EN): The aim of this paper is to investigate the effects of airport's profit sharing on the incentives to invest, market competition and social welfare. The analysis is developed under two frameworks, one with a single airport and one with two competing airports, and both with airline competition. We conclude that airport's profit sharing may display the highest incentive to invest when compared to alternative vertical relations. Also, we found that airport's profit sharing excludes the independent airline, as long as the profit airport participation is not below 60%. Moreover, airport's profit sharing does not allow the elimination of double marginalization and thus the effects on social welfare are ambiguous.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 24