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| Tol, Richard S.J.. |
| A simulation model of international tourist flows is used to estimate the impact of a carbon tax on aviation fuel. The effect of the tax on travel behaviour is small: a global $1000/tC would change travel behaviour to reduce carbon dioxide emissions from international aviation by 0.8%. This is because the imposed tax is probably small relative to the air fare. A $1000/tC tax would less than double air fares, and have a smaller impact on the total cost of the holiday. In addition, the price elasticity is low. A carbon tax on aviation fuel would particularly affect long-haul flights, because of high emissions, and short-haul flights, because of the emission during take-off and landing. Medium distance flights would be affected least. This implies that... |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Tourism; Tax; Carbon Dioxide; Aviation; Environmental Economics and Policy; International Relations/Trade; L83; L93; Q54. |
| Ano: 2007 |
URL: http://purl.umn.edu/9327 |
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| Fischer, Thorsten; Kamerschen, David R.. |
| We employ the Rosse-Panzar test to assess market performance in selected airport-pairs originating from Atlanta. The Rosse-Panzar test stands in the tradition of the New Empirical Industrial Organization. It is based on the comparative statics of a reduced form revenue equation. Therefore, it is less powerful than structural models, but it offers the advantage of less stringent data requirements and reduces the risk of model misspecifications. The test statistic allows us in most airport-pairs to reject both conducts consistent with the Bertrand outcome, which is equivalent to perfect competition, and the collusive outcome, which is equivalent to joint profit-maximization. Rather, the test statistic suggests that behavior is consistent with a range of... |
| Tipo: Journal Article |
Palavras-chave: Airlines; Oligopoly; Conduct; Price-cost margins; Lerner index; Rosse-Panzar test; Research Methods/ Statistical Methods; L00; L40; L93. |
| Ano: 2003 |
URL: http://purl.umn.edu/44041 |
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| Alderighi, Marco; Nicolini, Marcella; Piga, Claudio A.. |
| Based on two strands of theoretical research, this paper provides new evidence on how fares are jointly affected by in-flight seat availability and purchasing date. As capacity-driven theories predict, it emerges that fares monotonically and substantially increase with the flights occupancy rate. Moreover, as suggested in the literature on intertemporal price discrimination, the adoption of advance purchase discounts is widespread as the departure date nears, but it may be part of a U-shaped temporal profile, where discounts are preceded by periods of relatively higher fares. Finally, the intervention of yield management analysts appears to play a substantial role. |
| Tipo: Working Paper |
Palavras-chave: Pricing policy; Panel Data; Ryanair; Yield Management; Demand and Price Analysis; D22; L11; L93. |
| Ano: 2012 |
URL: http://purl.umn.edu/122020 |
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