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TFP growth, change in efficiency, and technological progress in the U. S. airline industry: 1970 to 1981

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  • Paul W. Bauer

Abstract

An overview of the airline industry's early adaptations to deregulation using a best-practice cost function approach; measures cost efficiency and changes in total factor productivity growth for airlines in the 1970s and early 1980s and discusses how these findings relate to individual airline performance.

Suggested Citation

  • Paul W. Bauer, 1988. "TFP growth, change in efficiency, and technological progress in the U. S. airline industry: 1970 to 1981," Working Papers (Old Series) 8804, Federal Reserve Bank of Cleveland.
    • Handle: RePEc:fip:fedcwp:8804
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    Keywords

    Airlines; Airline Deregulation Act of 1978;

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