Abstract
In this chapter, the results of the production functions estimated for Continental Airlines’ domestic route system are reported. The Chapter is divided into two sections. In section 6.1 the results of the Cobb-Douglas production function estimates are presented and discussed. Five functions were estimated in all, and these functions are compared in section 6.1 to highlight differences in the organization and performance of different hub subsystems and non-hub routes. The section presents strong empirical evidence for including a network variable in the airline firm’s production function.
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© 1992 Springer-Verlag Berlin Heidelberg
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Reynolds-Feighan, A.J. (1992). Production Function Analysis of Continental Airlines. In: Reynolds-Feighan, A.J. (eds) The Effects of Deregulation on U.S. Air Networks. Advances in Spatial and Network Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-77061-6_6
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DOI: https://doi.org/10.1007/978-3-642-77061-6_6
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-77063-0
Online ISBN: 978-3-642-77061-6
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