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Economics of the U.S. Commercial Airline Industry: Productivity, Technology and Deregulation (Hardcover, 1999 ed.)
Loot Price: R4,512
Discovery Miles 45 120
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Economics of the U.S. Commercial Airline Industry: Productivity, Technology and Deregulation (Hardcover, 1999 ed.)
Series: Transportation Research, Economics and Policy
Expected to ship within 12 - 17 working days
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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.
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