An econometric study of the effects of airport privatization on airfares in Brazil

Autor(es)

Brito, Igor R. S. ^[1] ; Oliveira, Alessandro V. M. ^[1] ; Dresner, Martin E. ^[2]

Afiliação do(s) autor(es)

^[1] Aeronaut Inst Technol, Ctr Airline Econ, Sao Paulo - Brazil

^[2] Univ Maryland, Robert H Smith Sch Business, College Pk, MD 20742 - USA

• Tipo de documento: Artigo Científico
• Fonte: TRANSPORT POLICY; v. 114, p. 338-349, DEC 2021.
• Citações Web of Science: 0

Resumo

This paper develops empirical models to test the impact of airport privatization on airline fares. We employ a difference-in-difference approach combined with an endogenous switching regression model to account for the selection of airports to be privatized. The results suggest that prices for tickets on routes with at least one privatized airport at an endpoint are about 3-3.5% higher than on routes between two publicly managed airports. By testing moderating effects, we find evidence that market dominance enforces the privatization impact on airfares. The main conclusions are consistent using various control group classifications. (AU)

• Processo FAPESP: 15/19444-1 - Taxação de emissões de gases de companhias aéreas: modelagem econométrica para investigar seus potenciais efeitos sobre o transporte aéreo brasileiro
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• Processo FAPESP: 20/06851-6 - Estudo de demanda por transporte aéreo em período de crise econômica com uso de modelos econométricos esparsos de alta dimensão e covariadas não-tradicionais
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• Modalidade de apoio: Auxílio à Pesquisa - Regular