Does privatization spur regulation?Evidence from the regulatory reform of European airports
Germà Bel () and
No 201004, IREA Working Papers from University of Barcelona, Research Institute of Applied Economics
This paper conducts an empirical analysis of the relationship between privatization and regulation drawing on data from a wide sample of European airports. We find that privatization promotes a shift from basic regulation to a situation of more detailed or non-regulation, depending on the specific characteristics of the privatization process and on the type of airport being privatized. Moreover, we report a significant association between high traffic volumes and more detailed regulation. By contrast, airports where slot allocation is noncoordinated are significantly associated with non-regulation.
Keywords: Privatization; regulation; air transportation; airports JEL classification: L33; L42; L93 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-reg and nep-ure
Date: 2010-02, Revised 2010-02
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Persistent link: https://EconPapers.repec.org/RePEc:ira:wpaper:201004
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