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Please use this identifier to cite or link to this item: http://hdl.handle.net/1814/11561

Title: Privatization, Regulation and Airport Pricing: An Empirical Analysis for Europe
Authors: BEL, Germà
FAGEDA, Xavier
Keywords: Privatization
regulation
pricing
air transportation
airports
Issue Date: 2009
Series/Report no.: EUI RSCAS
2009/27
Florence School of Regulation
Abstract: This paper examines factors determining prices that airports charge to airlines. Using data for 100 large airports in Europe, we find that they charge higher prices when they move more passengers. Additionally, competition from other transport modes and other nearby airports imposes some discipline on the pricing behaviour of airports. Low-cost carriers and airlines with a high market share seem to have a stronger countervailing power. Finally, we find that private airports not regulated charge higher prices than public or regulated airports. From our analysis, we can infer that market power of each airport is dependent upon its specific characteristics.
URI: http://hdl.handle.net/1814/11561
ISSN: 1028-3625
Appears in Collections:RSCAS Working Papers

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