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

Author:   Ivan L. Pitt ,  John Randolph Norsworthy
Publisher:   Springer-Verlag New York Inc.
Edition:   Softcover reprint of the original 1st ed. 1999
ISBN:  

9781461372868


Pages:   191
Publication Date:   11 October 2012
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Economics of the U.S. Commercial Airline Industry: Productivity, Technology and Deregulation


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Overview

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.

Full Product Details

Author:   Ivan L. Pitt ,  John Randolph Norsworthy
Publisher:   Springer-Verlag New York Inc.
Imprint:   Springer-Verlag New York Inc.
Edition:   Softcover reprint of the original 1st ed. 1999
Dimensions:   Width: 15.50cm , Height: 1.10cm , Length: 23.50cm
Weight:   0.332kg
ISBN:  

9781461372868


ISBN 10:   1461372860
Pages:   191
Publication Date:   11 October 2012
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

1 Productivity, Technology and Efficiency in the U.S. Commercial Airline Industry.- 2 Economics of Commercial Aircraft.- 3 Aircraft Characteristics.- 4 A Brief Review of Airline Regulation.- 5 Theories and Measurement of Productivity and Technological Change.- 6 Technological Change and Investment in Commercial Aircraft: Model Specification.- 7 Empirical Estimation and Quantitative Analysis.- 8 Conclutions.- References.- Author Index.

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