Did the EU Airport Charges Directive lead to lower aeronautical charges? Empirical evidence from a diff-in-diff research design
Maurizio Conti (),
Antonella Ferrara () and
Massimiliano Ferraresi ()
Economics of Transportation, 2019, vol. 17, issue C, 24-39
In this study we analyse the impact of the EU Airport Charges Directive on the level of aeronautical charges for EU airports serving between 2 and 20 million passengers, over the period 2008–2017, using a difference-in-differences research design. We find that the transposition of the Airport Charges Directive into national legislation has led to a statistically significant reduction in the level of airport charges, but only after a few years. We also find the existence of heterogeneous treatment effects that depend on the quality of transposition of the Directive.
Keywords: Airports; Regulation; Buyer-power; Market power; Differences-in-Differences (search for similar items in EconPapers)
JEL-codes: L11 L51 L93 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecotra:v:17:y:2019:i:c:p:24-39
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