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Regulatory reform represents a major shift in the government's role
toward price determination in the transportation and
telecommunication industries. The resulting policy emphasizes
dependence on market forces to set prices and to encourage
efficient production techniques. While extensive research
investigates the influence of deregulation on prices, profits and
productivity, the effect on labor markets has not received the same
scrutiny. Firms in these industries are of major importance to
business operations in other industries because they provide the
critical services of transporting goods and transmitting
information. This may partly explain such extensive research on the
product market aspects of regulatory reform. Examining labor
markets in the transportation and telecommunications industries is
also highly warranted, as historically these industries represented
some of the most heavily unionized sectors in the economy. The
extent to which regulatory reform has encouraged product market
competition may not necessarily result in the same degree of
competition across industries. Regulatory Reform and Labor Markets
debates the notion that research on regulatory reform and labor
markets should develop within the framework of the competitive
model. This is achieved by presenting diverging views on wage and
employment determination in distinctly different deregulated
industries.
Airports serve an essential role in domestic and international
travel, facilitating the origination, termination, and connections
of air flights. Airport services enhance regional, national, and
global connections, increasing the mobility of people worldwide and
enhancing local and regional economies. Although there is a large
amount of literature that examines airline costs and productivity,
consumer welfare from air travel, and the influence of economic
regulation of airline services, there is much less literature that
examines airports. This is important, as airport operations play a
critical role in influencing airline travel. This volume examines
the role that airports play in economic development and land
values, the regulation and economic efficiency of airports, airport
pricing and competition, and the role played by airports in
influencing airline operations and networks.
Stepped-up competition in the airline industry over the past 40
years profoundly changed how carriers set fares. Chapters in this
volume contribute to our understanding of fare determination in
this industry by examining carrier pricing behavior, such as
non-linear pricing, pricing decisions associated with strategic
alliances, competition from low cost carriers, and the challenges
faced by carriers experiencing financial distress. These
contributions present nuanced analyses of fare determination that
include new ways of examining whether the prices charged by
carriers are consumer welfare-enhancing. Examination of airline
carrier pricing only tells part of the story of firm behavior, as
analysis of carriers' ability to provide quality services is also
significant in understanding the economics of this industry. This
volume includes chapters examining non-price characteristics of
business operations, such as frequency of service, passenger
safety, availability of aircraft types for different transportation
services, and the geographic distribution of air
transportation-related noise by aircraft departures and arrivals at
airports.
With the growth of just-in-time delivery and e-commerce, fast and
efficient cargo delivery remains in high demand around the globe.
Not so long ago, the air cargo mode was employed mostly to move
higher valued goods. Open international trade, combined with
scale/scope economies in air transport and the use of modern
commercial jets means that now some formerly "bulky" commodities
are moved by air, a modal choice that would have been unthinkable a
generation ago. However, as it grows the industry is not without
its controversies or detractors. Employing various empirical
techniques and modeling perspectives, the authors highlight the
methods by which air cargo companies today provide effective and
increasingly affordable services and how such services enhance
economic growth, trade and development. The chapters cover three
broad operational areas: costs and competitiveness, shipper
services and air cargo company demand, and international
competition and economic development. This volume provides the
researcher with an updated "snapshot" of this international
industry and provides governments with strong evidence that the
development of an internationally competitive air cargo sector will
likely continue to generate significant economic benefits across
the globe.
Air transport service has become an indispensable source of long
distance transport for businesses and leisure travelers and for
high-value-low-volume products. The significance of this transport
service as a driver of economic growth is made abundantly apparent
when examining the interdependence of business and air transport
growth in Asia. Given the key role this region plays as a
contributor to growth in the global airline transport service
sector and the distinctive features of the aviation market
observed, it is important to understand the economics of this
sector in Asia. This volume contributes to the understanding of air
transport services in Asia by presenting new research in the
following four key areas in airline economics: Competition and
regulatory change, passenger demand and satisfaction, industry
performance, and the interdependence of airlines companies and
airports. Specifically, in this volume prominent researchers in the
region have examined important issues such as low cost carrier
growth in Japan, competition against full service hub carriers in
the Middle East, aviation market liberalization in Central Asia,
high-speed-rail and airline competition in China, air transport and
tourism in Asia and Australia, airline performance and outsourcing,
airports development, and airport-airline cooperation. These
rigorous studies contributes to a better understanding of the
aviation market in Asia, allowing better decisions to be made by
industry leaders and government agencies. This book also serves as
an excellent reference book for researchers in the transport and
logistics industry, and postgraduate students in the disciplines of
applied economics, industrial organization, corporate strategy and
public policy.
Regulatory reform represents a major shift in the government's role
toward price determination in the transportation and
telecommunication industries. The resulting policy emphasizes
dependence on market forces to set prices and to encourage
efficient production techniques. While extensive research
investigates the influence of deregulation on prices, profits and
productivity, the effect on labor markets has not received the same
scrutiny. Firms in these industries are of major importance to
business operations in other industries because they provide the
critical services of transporting goods and transmitting
information. This may partly explain such extensive research on the
product market aspects of regulatory reform. Examining labor
markets in the transportation and telecommunications industries is
also highly warranted, as historically these industries represented
some of the most heavily unionized sectors in the economy. The
extent to which regulatory reform has encouraged product market
competition may not necessarily result in the same degree of
competition across industries. Regulatory Reform and Labor Markets
debates the notion that research on regulatory reform and labor
markets should develop within the framework of the competitive
model. This is achieved by presenting diverging views on wage and
employment determination in distinctly different deregulated
industries.
Using engaging stories and clear writing, HUMANITY: AN INTRODUCTION
TO CULTURAL ANTHROPOLOGY, Eleventh Edition, introduces cultural
anthropology within a solid framework centered on globalization and
culture change. Peoples and Bailey focus on the social and cultural
consequences of globalization, emphasizing culture change and world
problems. The book's engaging narrative provides new ways of
looking at many of the challenges facing the world in this century.
As you explore contemporary issues including recent debates on gay
marriage, cultural and economic globalization, population growth,
hunger, and the survival of indigenous cultures, you will gain a
better understanding of the cultural information you need to
successfully navigate in today's global economy. The authors
emphasize the diversity of humanity and reveal why an appreciation
and tolerance of cultural differences is critical in the modern
world.
Liberalization of regulatory policy on international air
transportation through the use of bilateral and multilateral open
skies agreements contributes to a business environment that
presents air carriers with the opportunity to take advantage of
greater access to aviation markets world-wide. Chapters in this
volume of Advances in Airline Economics provide in-depth analysis
of open skies agreements. In addition, contributions present
empirical analysis of the effect of greater availability of
international air transportation services on air fares, export
flows, operating efficiency, and passenger demand for international
flights. The influence of international airports on local
metropolitan areas' economic development is also examined.
Regulation of international air transportation, however, is not
limited to the erosion of entry barriers. Companies providing
international air transportation services also face restrictions on
pollution emissions. This volume provides a more complete analysis
of the economics of international air transportation by presenting
research on the costs borne by air transportation companies due to
pollution regulation in Europe, Australia and New Zealand.
An efficient air transport system is critical to countries
attaining and sustaining healthy economies in an increasingly
interconnected world economy. Competing successfully now means
quick shipping over long distances at reasonable rates. Societies
also prosper when people from different countries can travel around
the world using efficient transport. This volume includes
literature surveys and original empirical research examining
airline efficiency in the twenty first century. Topics cover
airline productivity, sources of airline efficiency, the cost and
scope of operations in airline transport; airline productivity for
different global regions; methodologies estimating productivity
growth and efficiency. Further chapters on sources of airline
efficiency examine fuel efficiency differences, efficiency in
different stages of production, and the contributions of
technological change, mergers, and low-cost carrier competition to
efficiency. Chapters on the cost and scope of operations examine
all-cargo carrier efficiency, gains from airline/high speed-rail
cooperation, and airport economies of scope in passenger and
freight operations.
This study guide is filled with additional case studies, review
questions, problems, and quizzes.
Using engaging stories and clear writing, HUMANITY: AN INTRODUCTION
TO CULTURAL ANTHROPOLOGY, Tenth Edition, introduces cultural
anthropology within a solid framework centered on globalization and
culture change. Peoples and Bailey focus on the social and cultural
consequences of globalization, emphasizing culture change and world
problems. The book's engaging narrative provides new ways of
looking at many of the challenges facing the world in this century.
As you explore contemporary issues including recent debates on gay
marriage, cultural and economic globalization, population growth,
hunger, and the survival of indigenous cultures, you will gain a
better understanding of the cultural information you need to
successfully navigate in today's global economy. The authors
emphasize the diversity of humanity and reveal why an appreciation
and tolerance of cultural differences is critical in the modern
world.
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