The Economic Regulation of Airports: Recent Developments in Australasia, North America and Europe

Front Cover
This tour d'horizon book reviews airport regulation and competition in different regions of the world and contrasts different policy perspectives. Organized in four parts, the first three examine, in turn, Australasia, North America, and Europe, while the last section looks at the institutional reforms that have taken place in these regions. The book covers the regulation of airports, and competition in different regions, as well as privatization policy, the interaction between airports and airlines, and regional economic impacts. It also examines the linkages between governance structures and forms of regulation. The book's global sweep embraces all the large aviation markets, bringing together the ideas and challenges of academic economists, airlines, airport managers, consultants and government regulators. As well as looking at different methods, degrees and paradigms of regulation it also spells out the stress-points, in a way that makes essential reading for airport operators, airline operations staff, as well as academic economists concerned with transport studies. It also offers interesting reading and important lessons for those concerned with regulation of the utility industries such as, telecommunications, water and power generation and distribution - where infrastructure can be subject to natural monopoly characteristics and where firms competing in downstream markets are dependent on the investment and operational strategies of the upstream infrastructure operator.

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About the author (2004)

Peter Forsyth is Professor of Economics at Monash University, Australia; David W. Gillen is Professor at the School of Business and Economics, Wilfrid Laurier University, Canada, and University of California, Berkeley, USA; Dr. Andreas Knorr is Professor for International Economics at the Department of Business Studies and Economics, University of Bremen, Germany; Dr. Otto G. Mayer is Head of the Presidential Department of the Hamburg Institute of International Economics (HWWA), Germany; Dr. Hans-Martin Niemeier is Professor for Transportation Economics and Logistics at the University of Applied Sciences, Bremen, Germany and David Starkie is a Director of Economics-Plus Ltd and the Regulatory Policy Institute, Oxford, UK.

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