Two-sided platforms in airport privatization

Humberto F.A.J. Bettini and Alessandro Oliveira

Transportation Research Part E: Logistics and Transportation Review, 2016, vol. 93, issue C, 262-278

Abstract: This paper develops an empirical model to examine the relationship between ownership change and two-sided-platform formation in the air transport industry. We investigate whether privatization enhances the dynamic capabilities of airports so that they more closely resemble a two-sided platform. We study the case of the recent privatization of Brazilian airports. We find evidence of a permanent, ceteris paribus increase in demand triggered after the privatization program. The results are consistent with a preemption of assets with a view to expanding operations and so benefiting from the network effects offered by a two-sided platform.

Keywords: Two-sided platforms; Airports; Privatization; Demand; Econometrics (search for similar items in EconPapers)
JEL-codes: C5 L93 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:93:y:2016:i:c:p:262-278

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DOI: 10.1016/j.tre.2016.06.003

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