Entry and Exit in a Liberalised Market

Maria J. Gil-Molto () and Claudio Piga ()
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Maria J. Gil-Molto: Loughborough University Economics Department
Authors registered in the RePEc Author Service: Maria Jose Gil Molto ()

Discussion Paper Series from Department of Economics, Loughborough University

Abstract: We analyze the determinants of entry and exit in the European Airline Markets in the post-liberalization period. Unlike previous studies, we find that the presence of charter or seasonal operators and the level of quality provided by the incumbents are relevant to explain entry and exit. Differential traits in the main low cost airlines' entry and exit behavior are also analysed.

Keywords: Entry; Exit; Airlines; Conditional Logit (search for similar items in EconPapers)
JEL-codes: L11 L93 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-com, nep-dcm, nep-eec, nep-ent, nep-ind and nep-tid
Date: 2005-12, Revised 2006-05
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http://www.lboro.ac.uk/departments/ec/RePEc/lbo/lbowps/entryexitWP.pdf

Related works:
Journal Article: Entry and Exit in a Liberalised Market (2007)
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Persistent link: http://EconPapers.repec.org/RePEc:lbo:lbowps:2005_10

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