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Economics of the U.S. Commercial Airline Industry: Productivity, Technology and Deregulation

  • Ivan L. Pitt
  • John R. Norsworthy

Part of the Transportation Research, Economics and Policy book series (TRES)

Table of contents

  1. Front Matter
    Pages i-xv
  2. Ivan L. Pitt, John R. Norsworthy
    Pages 9-39
  3. Ivan L. Pitt, John R. Norsworthy
    Pages 41-65
  4. Ivan L. Pitt, John R. Norsworthy
    Pages 67-96
  5. Ivan L. Pitt, John R. Norsworthy
    Pages 97-109
  6. Ivan L. Pitt, John R. Norsworthy
    Pages 139-164
  7. Ivan L. Pitt, John R. Norsworthy
    Pages 165-169
  8. Back Matter
    Pages 171-191

About this book

Introduction

Economics of the U.S. Commercial Airline Industry: Productivity, Technology and Deregulation illustrates the impact of upstream technological change in capital goods (aircraft and aircraft engines) on demand, productivity, and cost reduction in the U.S. airline industry for the years 1970-1992. The aim is to separate supply-side technology push from demand pull in determining investment in aircraft in the US airline industry. The focus of inquiry in this study is at the company level, so the measures are sensitive to company differences such as financial costs, payload, and existing aircraft inventory rather than industry averages. This monograph builds on the new developments in econometric modeling and has a substantial technical component. The quantitative results lead to implications for understanding technology and its impact on the airline industry, as well as for formulating regulatory policy.

Keywords

deregulation econometrics productivity regulation

Authors and affiliations

  • Ivan L. Pitt
    • 1
  • John R. Norsworthy
    • 2
  1. 1.Center for Science and Technology PolicyRensselaer Polytechnic InstituteTroyUSA
  2. 2.Lally School of Management and TechnologyRensselaer Polytechnic InstituteTroyUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-4615-5031-0
  • Copyright Information Kluwer Academic Publishers 1999
  • Publisher Name Springer, Boston, MA
  • eBook Packages Springer Book Archive
  • Print ISBN 978-1-4613-7286-8
  • Online ISBN 978-1-4615-5031-0
  • Series Print ISSN 1572-4387
  • Buy this book on publisher's site