Vertical Contracts between Airports and Airlines Is there a Trade-off between Welfare and Competitiveness?

• Tipo: Artigo em Revista Científica Internacional
• Data: 2011

Autores

Cristina Barbot (Autor) FEP

Revista

Título: Journal of Transport Economics and Policy

Vol. 45 Nº 2

Páginas: 277-302

ISSN: 0022-5258

Editora: University of Bath

Indexação

ISI Web of Knowledge - 20 Citações

Scopus - 30 Citações

Outras Informações

ID Authenticus: P-002-RVT

Abstract (EN): Airports and airlines have been increasingly establishing vertical contracts, with important implications for policy issues, namely for regulation and price discrimination legislation. In this paper, we develop a model that analyses the effects of three types of vertical contract, regarding welfare, pro-competitiveness and the scope for regulation. We find that two types of contract are anti-competitive, and that in all of them consumers are better off, though within some conditions. We also conclude that regulation may improve welfare, depending on the type of contract, and that price capping has different effects according to the facility which has its price capped.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 26