Contestability and Sustainability in Regional Airline Markets*
- 1 September 1984
- journal article
- Published by Wiley in Economic Record
- Vol. 60 (3) , 274-283
- https://doi.org/10.1111/j.1475-4932.1984.tb00862.x
Abstract
Since 1979, entry into the varied South Australian air passenger market has been unrestricted. This paper analyzes what has happened during the last four years with particular reference to the theory of contestable markets. Analysis shows that new firms have entered the market, services have increased significantly, new routes have been developed and that there is no apparent difference in the structure of fares on multi‐firm and single‐firm (monopoly) routes.Keywords
This publication has 6 references indexed in Scilit:
- Cost‐Padding in Profit‐Regulated Firms*Economic Record, 1983
- Efficiency and Competition in the Airline IndustryThe Bell Journal of Economics, 1983
- The Contestability of Airline Markets during the Transition to DeregulationLaw and Contemporary Problems, 1981
- The cost minimizing number of firms and the discipline of competitionEconomics Letters, 1979
- An Assessment of X-Efficiency Gained Through CompetitionThe Review of Economics and Statistics, 1977
- Free Entry and the Sustainability of Natural MonopolyThe Bell Journal of Economics, 1977