haku: @author Zhang, Y. / yhteensä: 20
viite: 7 / 20
| Tekijä: | Oum, T. H. Zhang, A. Zhang, Y. |
| Otsikko: | Alternative forms of economic regulation and their efficiency implications for airports |
| Lehti: | Journal of Transport, Economics and Policy
2004 : MAY, VOL. 38:2, p. 217-246 |
| Asiasana: | airports efficiency regulations |
| Kieli: | eng |
| Tiivistelmä: | This paper explores the effects of different forms of price regulation on airport efficiency. The interaction between concession profits and price regulations are taken into account. It is shown that while ROR regulation may lead to over-investment in capacity, price-cap regulation is prone to under-investment. The findings support the argument that dual-till regulation would be better than the single-till regulation in terms of economic efficiency, especially for large and busy airports. |
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