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The Russian Airline Industry:Contestable Market Or…?

Author

Listed:
  • Lukyanov, Sergey
  • Tissen, Elena
  • Kislyak, Nadezda

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 entry-barriers 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.

Suggested Citation

  • Lukyanov, Sergey & Tissen, Elena & Kislyak, Nadezda, 2009. "The Russian Airline Industry:Contestable Market Or…?," Perspectives of Innovations, Economics and Business (PIEB), Prague Development Center (PRADEC), vol. 2, pages 1-4, October.
    • Handle: RePEc:ags:jrpieb:94534
    DOI: 10.22004/ag.econ.94534
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    References listed on IDEAS

    as
    1. Baumol, William J, 1982. "Contestable Markets: An Uprising in the Theory of Industry Structure," American Economic Review, American Economic Association, vol. 72(1), pages 1-15, March.
    2. Audretsch, David B. & Mata, Jose, 1995. "The post-entry performance of firms: Introduction," International Journal of Industrial Organization, Elsevier, vol. 13(4), pages 413-419, December.
    3. Burke, Andrew E. & To, Ted, 2001. "Can reduced entry barriers worsen market performance? A model of employee entry," International Journal of Industrial Organization, Elsevier, vol. 19(5), pages 695-704, April.
    Full references (including those not matched with items on IDEAS)

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