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Economics of the U. S. Commercial Airline Industry : Productivity, Technology and Deregulation :  Productivity, Technology and Deregulation - Ivan L. Pitt

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

Productivity, Technology and Deregulation

Hardcover Published: December 2009
ISBN: 9780792385059
Number Of Pages: 191

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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.

List of Figures
List of Tables
Acknowledgments
Productivity, Technology and Efficiency in the U.S. Commercial Airline Industryp. 1
Economics of Commercial Aircraftp. 9
Aircraft Characteristicsp. 41
A Brief Review of Airline Regulationp. 67
Theories and Measurement of Productivity and Technological Changep. 97
Technological Change and Investment in Commercial Aircraft: Model Specificationp. 111
Empirical Estimation and Quantitative Analysisp. 139
Conclusionsp. 165
Referencesp. 171
Author Indexp. 183
Subject Indexp. 185
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9780792385059
ISBN-10: 0792385055
Series: Transportation Research, Economics and Policy
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 191
Published: December 2009
Publisher: Springer
Country of Publication: NL
Dimensions (cm): 23.5 x 15.5  x 0.64
Weight (kg): 1.05