An Economic Assessment of Australia's Two Airline Policy

Michael G. Kirby
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Michael G. Kirby: Australian National University. I thank Peter Swan, Ted Sieper, Robert Albon and an anonymous referee for their helpful comments; and Lynette Kirby and Christopher Hackett for their discussions and his provision of valuable reference material. My study was financed by a Commonwealth Public Service Postgraduate Scholarship, for which I thank the Australian Government and the Bureau of Agricultural Economics.

Australian Journal of Management, 1979, vol. 4, issue 2, 105-118

Abstract: The market structure and performance of the Australian domestic air transport industry are largely determined by the Government's Two Airline Policy. Under this regulatory framework the Government has control over most factors affecting the provision of air services. This regulation and its resultant industry performance are subjected to economic analysis, where it is concluded that massive welfare costs are imposed on the Australian community.

Keywords: AIRLINES; ECONOMIC EFFICIENCY; RATIONALIZATION; REGULATION; TECHNICAL EFFICIENCY; WELFARE COST (search for similar items in EconPapers)
Date: 1979
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:ausman:v:4:y:1979:i:2:p:105-118

DOI: 10.1177/031289627900400203

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