Analysis assesses competitive dynamics and economic benefits of air transport reforms globally, suggesting substantial improvements.
Air transport is an industry that was identified by economists and policy-makers as a key area for reform. The obvious reforms were deregulation and privatisation. The author considers these reforms as they have been implemented in various parts of the world, and assesses how competitive deregulated air markets are, and the extent of the gains from reform. A related question is the accuracy of the economic analyses of air transport.
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Peter Forsyth (1998) studied this question.
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