Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/129346
Authors: 
Çetin, Tamer
Eryiğit, Kadir Y.
Year of Publication: 
2015
Series/Report no.: 
Koç University-TÜSİAD Economic Research Forum Working Paper Series 1525
Abstract: 
This paper mainly studies the effect of deregulation on prices and quantity. For this aim, we employ cointegration methodology with structural breaks to empirically investigate the simultaneous relationship between deregulation, ticket prices, and the number of passengers in the Turkish airline industry. The findings confirm that deregulation increases quantity and decreases prices through accessibility to air transport service and actual competition, respectively. Also, structural breaks suggest that deregulation of prices and entry into the market has remarkable effect on the change in ticket prices and the number of passengers.
Subjects: 
Deregulation
Airlines
Cointegration
Structural Breaks
JEL: 
L43
L93
C22
Document Type: 
Working Paper

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