Can private airport competition improve runway pricing? The case of San Francisco Bay area airports

• 成果类型: Article
• 署名作者: Yan, Jia; Winston, Clifford
• 署名单位: Washington State University; Brookings Institution
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2014.04.013
• 发表日期: 2014
• 页码: 146-157
• 关键词: Airport privatization; Upstream competition; Downstream competition; Travelers' airport and airline demand

摘要

Travelers and airlines are frustrated by long and costly travel delays at public airports that are attributable to runway charges that do not account for aircraft congestion. Because the inefficient charges are likely to persist, we explore whether private airport competition could lead to more efficient charges that improve travelers' welfare, increase airlines' profits, and enable the airports to be profitable. We use the San Francisco Bay Area for our assessment and identify important conditions to achieve those outcomes, including competition among separately owned airports, bargaining between airports and airlines, and the ability of airports to differentiate prices and service. (C) 2014 Elsevier B.V. All rights reserved.