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Economics of the U.S. Commercial Airline Industry: Productivity, Technology and Deregulation

  • Book
  • © 1999

Overview

Authors:
  1. Ivan L. Pitt

    1. Center for Science and Technology Policy, Rensselaer Polytechnic Institute, Troy, USA

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  2. John R. Norsworthy

    1. Lally School of Management and Technology, Rensselaer Polytechnic Institute, Troy, USA

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    You can also search for this author in PubMed   Google Scholar

Part of the book series: Transportation Research, Economics and Policy (TRES)

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Table of contents (8 chapters)

  1. Front Matter

    Pages i-xv
    Download chapter PDF

  2. Productivity, Technology and Efficiency in the U.S Commercial Airline Industry

    • Ivan L. Pitt, John R. Norsworthy
    Pages 1-8

  3. Economics of Commercial Aircraft

    • Ivan L. Pitt, John R. Norsworthy
    Pages 9-39

  4. Aircraft Characteristics

    • Ivan L. Pitt, John R. Norsworthy
    Pages 41-65

  5. A Brief Review of Airline Regulation

    • Ivan L. Pitt, John R. Norsworthy
    Pages 67-96

  6. Theories and Measurement of Productivity and Technological Change

    • Ivan L. Pitt, John R. Norsworthy
    Pages 97-109

  7. Technological Change and Investment in Commercial Aircraft: Model Specification

    • Ivan L. Pitt, John R. Norsworthy
    Pages 111-137

  8. Empirical Estimation and Quantitative Analysis

    • Ivan L. Pitt, John R. Norsworthy
    Pages 139-164

  9. Conclusions

    • Ivan L. Pitt, John R. Norsworthy
    Pages 165-169

  10. Back Matter

    Pages 171-191
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Keywords

About this book

Economics of the U.S. Commercial Airline Industry: Productivity, Technology and Deregulation illustrates the impact of upstream technological change in capital goods (aircraft and aircraft engines) on demand, productivity, and cost reduction in the U.S. airline industry for the years 1970-1992. The aim is to separate supply-side technology push from demand pull in determining investment in aircraft in the US airline industry. The focus of inquiry in this study is at the company level, so the measures are sensitive to company differences such as financial costs, payload, and existing aircraft inventory rather than industry averages. This monograph builds on the new developments in econometric modeling and has a substantial technical component. The quantitative results lead to implications for understanding technology and its impact on the airline industry, as well as for formulating regulatory policy.

Authors and Affiliations

  • Center for Science and Technology Policy, Rensselaer Polytechnic Institute, Troy, USA

    Ivan L. Pitt

  • Lally School of Management and Technology, Rensselaer Polytechnic Institute, Troy, USA

    John R. Norsworthy

Bibliographic Information

  • Book Title: Economics of the U.S. Commercial Airline Industry: Productivity, Technology and Deregulation

  • Authors: Ivan L. Pitt, John R. Norsworthy

  • Series Title: Transportation Research, Economics and Policy

  • DOI: https://doi.org/10.1007/978-1-4615-5031-0

  • Publisher: Springer New York, NY

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer Science+Business Media New York 1999

  • Hardcover ISBN: 978-0-7923-8505-9Published: 30 April 1999

  • Softcover ISBN: 978-1-4613-7286-8Published: 11 October 2012

  • eBook ISBN: 978-1-4615-5031-0Published: 06 December 2012

  • Series ISSN: 1572-4387

  • Edition Number: 1

  • Number of Pages: XV, 191

  • Topics: Regional/Spatial Science, Economic Growth, Industrial Organization, Microeconomics

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