Air transport and high-speed rail (HSR) are not simple competitors. Indeed, air and HSR services can be complements on long-haul routes served by connecting flights through a hub airport. This complementarity creates room for cooperation between airlines and HSR operators, particularly relating to...
Competition, Regulation and Industrial Policy
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Airport runways, radio spectrum, and hospital beds are resources with capacity limits used to provide multiple services with specific capacity requirements in separate markets, which contribute to recover capacity investment costs. A welfare-maximizing and (possibly) budget-constrained firm, whose...
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In this paper, we provide a novel application of synthetic control methods by offering two major modifications to the existing methodological framework. We provide the first complete ex-post evaluation of the causal impact of carbon pricing on aviation supply, expressed in terms of airline output (...
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In light of the reform of the Italian natural gas distribution introduced in 2007, this work performs a benchmarking and productivity analysis of distribution utilities, identifying the characteristics allowing greater efficiency. Using a Data Envelopment Analysis (DEA) and the Malmquist...
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When comparing the cost structure of different transport operators, tools standardising the expenses an ideal efficient operator would incur in producing a specific transport service are valuable instruments for private companies and public authorities. In this paper, we build a bottom-up cost...
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