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dc.contributor.authorHüschelrath, Kaien_US
dc.contributor.authorMüller, Kathrinen_US
dc.date.accessioned2012-11-15en_US
dc.date.accessioned2012-11-21T14:41:11Z-
dc.date.available2012-11-21T14:41:11Z-
dc.date.issued2012en_US
dc.identifier.piurn:nbn:de:bsz:180-madoc-326241-
dc.identifier.urihttp://hdl.handle.net/10419/66783-
dc.description.abstractThe paper estimates the effects of entry by low-cost carrier JetBlue Airways in long-haul domestic U.S. airline markets. For the period from 2000 to 2009, we find that non-stop fares were on average about 21 percent lower post-entry; however, the magnitude of the price effect depends on the pre-entry market structure. While entry into monopoly markets triggered an average price decrease of about 25 percent, the respective average price drop for entries into oligopoly markets lied at about 15 percent. Based on additional estimates of the price and income elasticities for long-haul domestic U.S. flights, we conclude that JetBlue's long-haul entries alone led to an increase in consumer welfare of about USD 661 million.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 12-072en_US
dc.subject.jelL40en_US
dc.subject.jelL93en_US
dc.subject.ddc330en_US
dc.subject.keywordairline industryen_US
dc.subject.keywordentryen_US
dc.subject.keywordlow-cost carrieren_US
dc.subject.keywordconsumer welfare effectsen_US
dc.subject.stwLuftverkehrsgesellschaften_US
dc.subject.stwMarkteintritten_US
dc.subject.stwPassagierluftfahrten_US
dc.subject.stwFahrpreisen_US
dc.subject.stwNiedrigpreisstrategieen_US
dc.subject.stwKonsumentenrenteen_US
dc.subject.stwUSAen_US
dc.titleThe value of bluer skies: How much do consumers gain from entry by JetBlue Airways in long-haul US Airline Markets?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn729897362en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:zewdip:12072-
Appears in Collections:Publikationen von Forscherinnen und Forschern des ZEW
ZEW Discussion Papers

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