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Erscheinungsjahr: 
2015
Schriftenreihe/Nr.: 
Working Paper No. 1525
Verlag: 
Koç University-TÜSİAD Economic Research Forum (ERF), Istanbul
Zusammenfassung: 
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.
Schlagwörter: 
Deregulation
Airlines
Cointegration
Structural Breaks
JEL: 
L43
L93
C22
Dokumentart: 
Working Paper

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