THE RUSSIAN AIRLINE INDUSTRY:CONTESTABLE MARKET OR…?

Sergey Lukyanov, Elena Tissen and Nadezda Kislyak

Perspectives of Innovation in Economics and Business (PIEB), 2009, vol. 2, issue 2, 30-33

Abstract: The authors, based on the complete survey of Russian airlines that was conducted in winter of 2006-2007, analyze essential entry-barriers in the industry, and econometrically estimate efficiency of methods for overcoming entry-barriers in the Russian PAI. They find that there are significant technological and behavioral entrybarriers in the industry. The paper doubts that this industry is contestable in contemporary Russia, although it is typically contestable in Europe and the USA. Econometric estimation of entry-barriers points that administrative barriers are the most significant restrictions of competition.

Keywords: Entry-barriers; airline industry; contestable market; market structure (search for similar items in EconPapers)
JEL-codes: L1 L93 (search for similar items in EconPapers)
Date: 2009
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