AIRLINE DEREGULATION AND PUBLIC POLICY
An assessment of the effects of airline deregulation on travelers and carriers indicates that deregulaation has provided travelers and carriers with $14.9 billion of annual benefits (1988 dollars). Airport congestion, airline safety, airline bankruptcy, and mergers are also analyzed and found in most cases to have reduced benefits. But, these costs should not be attributed to deregulation per se, but to failures by the government to pursue appropriate policies in these areas. Pursuit of policies that promote airline competition and efficient use of airport capacity would significntly increase the benefits from dregulation and would provide valuable guidance for other industries undergoing the transition to deregulation.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/00368075
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Corporate Authors:
American Association for Advancement of Science
1313 H Street, NW
Washington, DC United States 20005 -
Authors:
- Morrison, Steven A
- Winston, C
- Publication Date: 1989-8
Media Info
- Features: References; Tables;
- Pagination: p. 707-711
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Serial:
- Science
- Volume: 245
- Issue Number: 4919
- Publisher: American Association for the Advancement of Science
- ISSN: 0036-8075
- Serial URL: http://science.sciencemag.org/
Subject/Index Terms
- TRT Terms: Airlines; Benefits; Costs; Deregulation; Impact studies; Public policy
- Subject Areas: Aviation; Finance; Policy;
Filing Info
- Accession Number: 00491133
- Record Type: Publication
- Files: TRIS
- Created Date: Feb 28 1990 12:00AM