Utiliza este identificador para citar o vincular este elemento: http://hdl.handle.net/10553/35350
Títulos: An empirical evaluation of the effects of European public policies on island airfares
Autores/as: Fageda, Xavier
Jiménez, Juan Luis 
Valido Quintana, Jorge 
Clasificación UNESCO: 530907 Empresas de servicios públicos
531212 Transportes y comunicaciones
5310 Economía internacional
Palabras clave: Airline
Subsidies
Resident passenger
Fecha de publicación: 2017
Revistas: Transportation Research Part A: Policy and Practice 
Resumen: In this paper we estimate a pricing equation using data, at route and airline levels, for five European countries where a significant proportion of the territory is located on islands; France, Greece, Italy, Portugal and Spain. By using two complementary empirical strategies, instrumental variables and matching procedures, we find that the imposition of Public Service Obligations does not seem to be effective in reducing prices. Furthermore, we find that prices are higher on routes where only island residents enjoy subsidies, but not on routes where subsidies do not discriminate between residents and non-residents. Finally, prices seem to be higher on routes with flat rates in contrast to routes where subsidies to residents are made through fare discounts. Overall, the results of our analysis suggest the need to change policies in order to support air services to islands and to avoid distortions in the market fares offered by airlines.
URI: http://hdl.handle.net/10553/35350
URL: http://api.elsevier.com/content/abstract/scopus_id/85033563913
ISSN: 0965-8564
DOI: 10.1016/j.tra.2017.09.018
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