IDEAS home Printed from https://ideas.repec.org/a/eee/jaitra/v15y2009i6p308-314.html
   My bibliography  Save this article

The assessment of the EU–US Open Skies Agreement: The counterfactual and other difficulties

Author

Listed:
  • Pitfield, D.E.

Abstract

The advent of the EU–US Open Skies Agreement has been widely anticipated. A number of consequences have been predicted, for example, impacts on fares, on passenger volumes, choice and on consumer welfare. Airline costs are also predicted to fall as a result of increased competitiveness and increased cooperation among airlines. In the short period since the implementation of the Agreement, it is relatively easy to assess the supply-side changes that have been made, but more difficult to make wider judgements. For example, can traffic growth be attributed to Open Skies and does airline and alliance market power result in less fare flexibility with consequently less influence on changes in passenger volumes? Have airline costs changed and what has been the source of the savings? This paper offers some insight into the data that will be required to make these and other wider judgements and discusses some methodological difficulties.

Suggested Citation

  • Pitfield, D.E., 2009. "The assessment of the EU–US Open Skies Agreement: The counterfactual and other difficulties," Journal of Air Transport Management, Elsevier, vol. 15(6), pages 308-314.
    • Handle: RePEc:eee:jaitra:v:15:y:2009:i:6:p:308-314
    DOI: 10.1016/j.jairtraman.2009.04.002
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0969699709000258
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jairtraman.2009.04.002?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Pitfield, D.E., 2007. "The impact on traffic, market shares and concentration of airline alliances on selected European—US routes," Journal of Air Transport Management, Elsevier, vol. 13(4), pages 192-202.
    2. Fogel, Robert William, 1979. "Notes on the Social Saving Controversy," The Journal of Economic History, Cambridge University Press, vol. 39(1), pages 1-54, March.
    3. McAfee, R Preston, 1983. "American Economic Growth and the Voyage of Columbus," American Economic Review, American Economic Association, vol. 73(4), pages 735-740, September.
    4. Forsyth, Peter & King, John & Lyn Rodolfo, Cherry, 2006. "Open Skies in ASEAN," Journal of Air Transport Management, Elsevier, vol. 12(3), pages 143-152.
    5. D. E. Pitfield, 2005. "Some Speculations and Empirical Evidence on the Oligopolistic Behaviour of Competing Low-Cost Airlines," Journal of Transport Economics and Policy, University of Bath, vol. 39(3), pages 379-390, September.
    6. The Monetary Authority of Singapore, 2006. "Fostering a sound and progressive financial sector," BIS Papers chapters, in: Bank for International Settlements (ed.), The banking system in emerging economies: how much progress has been made?, volume 28, pages 337-45, Bank for International Settlements.
    7. Iatrou, Kostas & Alamdari, Fariba, 2005. "The empirical analysis of the impact of alliances on airline operations," Journal of Air Transport Management, Elsevier, vol. 11(3), pages 127-134.
    8. Scott Blunk & David Clark & James McGibany, 2006. "Evaluating the long-run impacts of the 9/11 terrorist attacks on US domestic airline travel," Applied Economics, Taylor & Francis Journals, vol. 38(4), pages 363-370.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kenneth Button & Rui Neiva & Junyang Yuan, 2014. "Economic development and the impact of the EU--US Transatlantic Open Skies Air Transport Agreement," Applied Economics Letters, Taylor & Francis Journals, vol. 21(11), pages 767-770, July.
    2. Christidis, Panayotis, 2016. "Four shades of Open Skies: European Union and four main external partners," Journal of Transport Geography, Elsevier, vol. 50(C), pages 105-114.
    3. Zhang, Shengrun & Derudder, Ben & Fuellhart, Kurt & Witlox, Frank, 2018. "Carriers’ entry patterns under EU-US open skies agreement," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 111(C), pages 101-112.
    4. Tello Contreras, Juan, 2017. "An Analysis Of The Open Skies Policy And Its Effects On The Tourism Industry In Mexico," Journal of Tourism, Sustainability and Well-being, Cinturs - Research Centre for Tourism, Sustainability and Well-being, University of Algarve, vol. 5(4), pages 376-399.
    5. Alves, Vera & Forte, Rosa, 2015. "A Cournot model for analysing the effects of an open skies agreement," Journal of Air Transport Management, Elsevier, vol. 42(C), pages 125-134.
    6. Njoya, Eric Tchouamou & Christidis, Panayiotis & Nikitas, Alexandros, 2018. "Understanding the impact of liberalisation in the EU-Africa aviation market," Journal of Transport Geography, Elsevier, vol. 71(C), pages 161-171.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lin, Jen-Jia & Fu, Chin-Yao, 2014. "The opening of direct flights across the Taiwan Strait: the impact on the global role of Taiwan’s international airport," Journal of Transport Geography, Elsevier, vol. 39(C), pages 179-186.
    2. Yimga, Jules, 2018. "Domestic code-sharing agreements and on-time performance: Evidence from the US airline industry," Transport Policy, Elsevier, vol. 71(C), pages 14-27.
    3. Zou, Li & Chen, Xueqian, 2017. "The effect of code-sharing alliances on airline profitability," Journal of Air Transport Management, Elsevier, vol. 58(C), pages 50-57.
    4. Pitfield, D.E., 2008. "Some insights into competition between low-cost airlines," Research in Transportation Economics, Elsevier, vol. 24(1), pages 5-14.
    5. Pitfield, D.E., 2008. "The Southwest effect: A time-series analysis on passengers carried by selected routes and a market share comparison," Journal of Air Transport Management, Elsevier, vol. 14(3), pages 113-122.
    6. World Bank, 2009. "The Service Revolution in South Asia," World Bank Publications - Reports 19332, The World Bank Group.
    7. Augustyniak, Wojciech & López-Torres, Laura & Kalinowski, Sławomir, 2015. "Performance of Polish regional airports after accessing the European Union: Does liberalisation impact on airports' efficiency?," Journal of Air Transport Management, Elsevier, vol. 43(C), pages 11-19.
    8. Lydon, Rio, 2012. "The eighth wonder of the world: how might access for vehicles have prevented the economic failure of the Thames Tunnel 1843-1865?," Economic History Working Papers 47804, London School of Economics and Political Science, Department of Economic History.
    9. Schosser, Maximilian & Wittmer, Andreas, 2015. "Cost and revenue synergies in airline mergers – Examining geographical differences," Journal of Air Transport Management, Elsevier, vol. 47(C), pages 142-153.
    10. Dave Donaldson & Richard Hornbeck, 2016. "Railroads and American Economic Growth: A "Market Access" Approach," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 131(2), pages 799-858.
    11. Siotis Georges & Martínez-Granado Maite, 2010. "Sabotaging Entry: An Estimation of Damages in the Directory Enquiry Service Market," Review of Law & Economics, De Gruyter, vol. 6(1), pages 1-57, April.
    12. Hideki Murakami, 2010. "Time Effect of Low-Cost Carrier Entry and Social Welfare in US Large Air Markets," Discussion Papers 2010-31, Kobe University, Graduate School of Business Administration.
    13. Brian Mitchell & David Chambers & Nick Crafts, 2011. "How good was the profitability of British railways, 1870–1912?," Economic History Review, Economic History Society, vol. 64(3), pages 798-831, August.
    14. Laura Maravall Buckwalter, 2018. "Build it and they will come? Secondary railways and population density in French Algeria," Working Papers 18008, Economic History Society.
    15. L. Moreno-Izquierdo & A.B. Ramón-Rodríguez & J.F. Perles-Ribes, 2016. "Pricing Strategies of the European Low-Cost Carriers Explained Using Porter's Five Forces Model," Tourism Economics, , vol. 22(2), pages 293-310, April.
    16. Akay, Alpaslan & Bargain, Olivier & Elsayed, Ahmed, 2020. "Global terror, well-being and political attitudes," European Economic Review, Elsevier, vol. 123(C).
    17. David Mitch, 2010. "Chicago and Economic History," Chapters, in: Ross B. Emmett (ed.), The Elgar Companion to the Chicago School of Economics, chapter 8, Edward Elgar Publishing.
    18. Hideki Murakami & Yoshihisa Amano, 2013. "Dynamic effect of inter-airline rivalry on airfares and consumers' welfare: Japan' s full-service vs. new air carriers," Discussion Papers 2013-31, Kobe University, Graduate School of Business Administration.
    19. Harold Mulherin, J., 2007. "Measuring the costs and benefits of regulation: Conceptual issues in securities markets," Journal of Corporate Finance, Elsevier, vol. 13(2-3), pages 421-437, June.
    20. Kiyoyasu Tanaka, 2019. "Do international flights promote FDI? The role of face‐to‐face communication," Review of International Economics, Wiley Blackwell, vol. 27(5), pages 1609-1632, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jaitra:v:15:y:2009:i:6:p:308-314. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/journal-of-air-transport-management/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.