Sutton, John (1995) The size distribution of businesses, part II. Economics of Industry; EI 10, EI 10. Suntory and Toyota International Centres for Economics and Related Disciplines, London School of Economics and Political Science, London, UK.Full text not available from this repository.
This paper specifies and estimates a production function for the airline industry, identifying firms? network characteristics and efficiency as the main determinants of their productivity. The application of this analysis to the European market shows that productivity differences among flag carriers could explain the governments? different views about deregulation at the beginning of the eighties. The introduction of liberal bilateral agreements by some European governments has given their flag carriers incentives to start adjusting their structure in anticipation of future liberalization in the European market while other European flag carriers have delayed this adjustment.
|Item Type:||Monograph (Discussion Paper)|
|Additional Information:||© 1995 the author|
|Uncontrolled Keywords:||Productivity; network characteristics; efficiency; airlines degregulation|
|Library of Congress subject classification:||H Social Sciences > HD Industries. Land use. Labor|
|Sets:||Collections > Economists Online
Departments > Economics
Research centres and groups > Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD)
|Identification Number:||EI 10|
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