Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/25865 
Year of Publication: 
2006
Series/Report no.: 
CESifo Working Paper No. 1820
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
This paper explores the impact of airport noise regulation on airline service quality and airfares. It also characterizes the socially optimal stringency of noise limits, taking both noise damage and the various costs borne by airlines and their passengers into account. The analysis also investigates the effect of noise taxes, as well as the optimal level of such taxes. Along with the companion paper by Girvin (2006a), this work represents the first complete theoretical investigation into the economics of airport noise regulation using a model where the interests of the key relevant stakeholders are captured.
JEL: 
L0
L9
Q2
Document Type: 
Working Paper
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