航班延误、拥堵内部化与低成本航空公司进入的非价格溢出效应
Airline delays, congestion internalization and non-price spillover effects of low cost carrier entry
AI总结:
本文通过构建航班延误计量模型,研究巴西航空业中低成本航空公司进入对在位全服务航空公司准点率的影响,发现机场拥堵内部化与航线质量竞争并存,并揭示了低成本航空公司进入对未进入航线的非价格溢出效应。
摘要:
本文构建了一个航班延误计量经济学模型,以研究竞争和市场支配地位对航空公司保持准点率激励的影响。我们同时考虑航线层面和机场层面,以考察竞争的局部效应和全局效应,并在一个统一的框架中检验两个假设:1. 机场拥堵内部化;2. 市场竞争与质量之间的关系。特别地,我们考察了巴西航空业中低成本航空公司(LCC)进入对在位全服务航空公司航班延误的影响。主要结果表明,机场拥堵自我内部化与航线层面的质量竞争同时存在且高度显著。此外,低成本航空公司的存在所带来的潜在竞争产生了全局效应,表明低成本航空公司进入对未进入航线存在非价格溢出效应。
英文摘要:
This paper develops an econometric model of flight delays to investigate the influence of competition and dominance on the incentives of carriers to maintain on-time performance. We consider both the route and the airport levels to inspect the local and global effects of competition, with a unifying framework to test the hypotheses of 1. airport congestion internalization and 2. the market competition-quality relationship in a single econometric model. In particular, we examine the impacts of the entry of low cost carriers (LCC) on the flight delays of incumbent full service carriers in the Brazilian airline industry. The main results indicate a highly significant effect of airport congestion self-internalization in parallel with route-level quality competition. Additionally, the potential competition caused by LCC presence provokes a global effect that suggests the existence of non-price spillovers of the LCC entry to non-entered routes.
机构、总结、中文摘要均由AI分析而来,可能存在错误,请以论文正文为准。