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dc.contributor.authorHüschelrath, Kaien_US
dc.contributor.authorMüller, Kathrinen_US
dc.date.accessioned2012-06-22en_US
dc.date.accessioned2012-06-28T13:41:28Z-
dc.date.available2012-06-28T13:41:28Z-
dc.date.issued2012en_US
dc.identifier.piurn:nbn:de:bsz:180-madoc-323197-
dc.identifier.urihttp://hdl.handle.net/10419/59522-
dc.description.abstractWe study the competitive effects of five liquidations and six mergers in the domestic U.S. airline industry between 1995 and 2010. Applying fixed effects regression models we find that route exits due to liquidation lead to substantially larger price increases than mergerrelated exits. Within the merger category, our analysis reveals significant price increases on all affected routes immediately after the exit events. In the medium and long-run, however, realized merger efficiencies and entry-inducing effects are found to be strong enough to drive prices down to pre-exit levels.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 12-037en_US
dc.subject.ddc330en_US
dc.subject.keywordairline industryen_US
dc.subject.keywordexiten_US
dc.subject.keywordliquidationen_US
dc.subject.keywordmergeren_US
dc.subject.keywordefficienciesen_US
dc.subject.keywordentry-inducing effectsen_US
dc.subject.stwLuftverkehrsgesellschaften_US
dc.subject.stwMarktaustritten_US
dc.subject.stwLiquidationen_US
dc.subject.stwFusionen_US
dc.subject.stwLuftverkehren_US
dc.subject.stwWettbewerben_US
dc.subject.stwPreisen_US
dc.subject.stwSchätzungen_US
dc.subject.stwUSAen_US
dc.titleThe competitive effects of firm exit: Evidence from the US airline industryen_US
dc.typeWorking Paperen_US
dc.identifier.ppn718126130en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:zewdip:12037-
Appears in Collections:Publikationen von Forscherinnen und Forschern des ZEW
ZEW Discussion Papers

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