Why airports can face price-elastic demands: margins, lumpiness and leveraged passenger losses
The extent to which firms face price-elastic demands for their products is important in the application of competition law and in judgments made as to whether they have significant market power. In the context of the airport industry, assessing price-elasticities is complicated by the fact that one...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2013
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Schriftenreihe: | International Transport Forum Discussion Papers
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Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | The extent to which firms face price-elastic demands for their products is important in the application of competition law and in judgments made as to whether they have significant market power. In the context of the airport industry, assessing price-elasticities is complicated by the fact that one major type of consumer of airport services, the air passenger, is not charged directly for use of terminals and airside infrastructure. Instead, the airport derives its revenues from charges to airlines and from the supply of non-aeronautical services. The charges to airlines then become one of many input costs that the airlines recoup from passenger fares, and this intermediation has significant implications for the demand analysis |
Beschreibung: | 1 Online-Ressource (16 Seiten) 21 x 29.7cm |
DOI: | 10.1787/5jz40rxf0twd-en |
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spelling | Starkie, David Verfasser aut Why airports can face price-elastic demands margins, lumpiness and leveraged passenger losses David Starkie and George Yarrow Paris OECD Publishing 2013 1 Online-Ressource (16 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier International Transport Forum Discussion Papers The extent to which firms face price-elastic demands for their products is important in the application of competition law and in judgments made as to whether they have significant market power. In the context of the airport industry, assessing price-elasticities is complicated by the fact that one major type of consumer of airport services, the air passenger, is not charged directly for use of terminals and airside infrastructure. Instead, the airport derives its revenues from charges to airlines and from the supply of non-aeronautical services. The charges to airlines then become one of many input costs that the airlines recoup from passenger fares, and this intermediation has significant implications for the demand analysis Transport Yarrow, George ctb https://doi.org/10.1787/5jz40rxf0twd-en Verlag kostenfrei Volltext |
spellingShingle | Starkie, David Why airports can face price-elastic demands margins, lumpiness and leveraged passenger losses Transport |
title | Why airports can face price-elastic demands margins, lumpiness and leveraged passenger losses |
title_auth | Why airports can face price-elastic demands margins, lumpiness and leveraged passenger losses |
title_exact_search | Why airports can face price-elastic demands margins, lumpiness and leveraged passenger losses |
title_exact_search_txtP | Why airports can face price-elastic demands margins, lumpiness and leveraged passenger losses |
title_full | Why airports can face price-elastic demands margins, lumpiness and leveraged passenger losses David Starkie and George Yarrow |
title_fullStr | Why airports can face price-elastic demands margins, lumpiness and leveraged passenger losses David Starkie and George Yarrow |
title_full_unstemmed | Why airports can face price-elastic demands margins, lumpiness and leveraged passenger losses David Starkie and George Yarrow |
title_short | Why airports can face price-elastic demands |
title_sort | why airports can face price elastic demands margins lumpiness and leveraged passenger losses |
title_sub | margins, lumpiness and leveraged passenger losses |
topic | Transport |
topic_facet | Transport |
url | https://doi.org/10.1787/5jz40rxf0twd-en |
work_keys_str_mv | AT starkiedavid whyairportscanfacepriceelasticdemandsmarginslumpinessandleveragedpassengerlosses AT yarrowgeorge whyairportscanfacepriceelasticdemandsmarginslumpinessandleveragedpassengerlosses |