Economic Regulation and Its Reform

Economic Regulation and Its Reform

Author: Nancy L. Rose

Publisher: University of Chicago Press

Published: 2014-08-29

Total Pages: 619

ISBN-13: 022613816X

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The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.


Institutional Reform of Air Navigation Service Providers

Institutional Reform of Air Navigation Service Providers

Author: Rui Neiva

Publisher: Edward Elgar Publishing

Published: 2015-10-30

Total Pages: 182

ISBN-13: 1784712086

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Institutional Reform of Air Navigation Service Providers deals with the changes that have taken place in this major, technologically progressive industry as many countries moved away from direct provision by the government to forms of corporate or private provision. The author provides an up-to-date institutional and economic analysis of air navigation service providers’ efforts to reform their governance and funding structures under these changes. The book discusses air navigation service providers in great detail, with a focus on the historical evolution of the industry’s institutional and regulatory frameworks as well as the ongoing developments in the industry (e.g. the Single European Sky in Europe and NextGen in the US). The author departs from the more conventional quasi-descriptive analysis by performing economic and econometric analyses of the industry that explicitly include institutional variables, e.g. to explore whether the nature of ownership can be associated with different economic efficiency outcomes. The result is a rigorous assessment of the structures of various air navigation service providers, strengthened by the use of case studies and policy analysis of potential reform. The theme and scope of this book will appeal to anyone interested in the institutional and regulatory history of air navigation service providers, and its accessible approach will appeal to policy-makers and professionals as well as people who are interested, more broadly, in economic regulation.


Air Traffic Management

Air Traffic Management

Author: Margaret Arblaster

Publisher: Elsevier

Published: 2018-02-06

Total Pages: 288

ISBN-13: 0128111194

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Air Traffic Management: Economics Regulation and Governance provides the latest insights on approaches and issues surrounding the economic regulation and governance of air traffic management (ATM). The book begins by explaining what ATM is, showing its importance within the aviation industry. It then outlines the unique institutional characteristics that govern ATM, also discussing its implications for economic regulation and investment. Technological developments and the issues and approaches to safety regulation are also covered, as are the implications ATM has on airports. The book concludes with an exploration of future directions, including the entry of drones into airspace and the introduction of competition in ATM services Air traffic management plays a critical role in air transport, impacting both air safety and the efficiency of air services. Yet air navigation services are shifting from government provision to private industry, creating the need for more critical analysis of governance and economic regulation within the ATM industry. - Consolidates the latest economic regulation and reform material regarding air traffic management - Provides numerous practical examples and real-world case studies drawn from around the globe - Explores economic regulation in both larger and smaller economies - Written from an objective, informed and practical perspective by an experienced regulation practitioner and researcher


Aviation Regulatory Reform

Aviation Regulatory Reform

Author: United States. Congress. House. Committee on Public Works and Transportation. Subcommittee on Aviation

Publisher:

Published: 1977

Total Pages: 1110

ISBN-13:

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The Air Transportation Industry

The Air Transportation Industry

Author: Rosario Macario

Publisher: Elsevier

Published: 2021-11-16

Total Pages: 476

ISBN-13: 032391523X

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The aviation sector consists of various actors such as airlines, ground handling companies, and others all with conflicting priorities. In order to understand how these actors position themselves in an increasingly competitive market, The Air Transportation Industry: Economic Conflict and Competition analyzes all the market segments in detail, examining such issues as which industrial economic structure drives decisions, the main economic problems, the consequences for negotiations between different actors, impacts on the global aviation market, and much more. This book covers the entire aviation sector including strategies, regulation, resilience, privatization, airport slot management, and more. It examines how economic and strategic struggles underlie the current market structure, both for aviation as a whole and for the constituent actors as carriers, authorities, and handlers. It examines the ways market and nonmarket approaches impact the competitiveness of the air transport industry, offering a complete mapping of the economic actions between actors of the air transport industry. This volume will help readers gain insight into the possible strategic choices and the mutual competitive strength within the future aviation market. - Contains contributions from well-known aviation scholars - Includes numerous cases studies throughout that explore a wide range of topics - Focuses on applied knowledge, with clearly structured chapters examining topics from a global perspective - Addresses the ongoing consequences of COVID-19 on the air transportation industry, examining potential strategic responses in the event of subsequent pandemics