Two-sided platforms in airport privatization

This paper develops an empirical model to examine the relationship between ownership change and two-sided-platform formation in the air transport industry. The authors investigate whether privatization enhances the dynamic capabilities of airports so that they more closely resemble a two-sided platform. They study the case of the recent privatization of Brazilian airports. They find evidence of a permanent, ceteris paribus increase in demand triggered after the privatization program. The results are consistent with a preemption of assets with a view to expanding operations and so benefiting from the network effects offered by a two-sided platform.

Language

  • English

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Filing Info

  • Accession Number: 01611387
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Aug 1 2016 2:35PM