nep-tur New Economics Papers
on Tourism Economics
Issue of 2007‒01‒28
two papers chosen by
Antonello Scorcu
Universita di Bologna

  1. Choice of Aircraft Size - Explanations and Implications By Moshe Givoni; Piet Rietveld
  2. Valoración económica de los servicios recreativos del parque ecológico Chipinque By Guillermo Gándara

  1. By: Moshe Givoni (Vrije Universiteit Amsterdam); Piet Rietveld (Vrije Universiteit Amsterdam)
    Abstract: To keep load factors high while offering high frequency service, airlines tend to reduce the size of the aircraft they use. At many of the world’s largest airports there are fewer than 100 passengers per air transport movement, although congestion and delays are growing. Furthermore, demand for air transport is predicted to continue growing but aircraft size is not. This paper aims to investigate and explain this phenomenon, the choice of relatively small aircraft. It seems that this choice is associated mainly with the benefits of high frequency service, the competitive environment in which airlines operate and the way airport capacity is allocated and priced. Regression analysis of over 500 routes in the US, Europe and Asia provides empirical evidence that the choice of aircraft size is mainly influenced by route characteristics (e.g. distance, level of demand and level of competition) and almost not at all by airport characteristics (e.g. number of runways and whether the airport is a hub or slot coordinated). We discuss the implications of this choice of aircraft size and suggest that some market imperfections exist in the airline industry leading airlines to offer excessive frequency on some routes and too low frequency on others.
    Keywords: aircraft size; frequency; aviation; hub congestion
    JEL: L93
    Date: 2006–02–01
  2. By: Guillermo Gándara
    Abstract: En esta investigación se realiza una estimación del valor económico del beneficio que los visitantes obtienen por disfrutar de los servicios recreativos que ofrece el Parque Chipinque, área natural ubicada en la zona metropolitana de Monterrey, México. Se utiliza el Método de Costo de Viaje estimando una función de demanda por zonas de origen en función de diferentes costos, como el costo de entrada, los gastos de consumo al interior del parque, el costo de transporte y el valor del tiempo de viaje. Se estima que los beneficios anuales del parque por uso recreativo en el año de referencia se ubicarían entre los 13 y 20 millones de pesos.
    Keywords: Chipinque, Mexico, costo de viaje, Monterrey
    JEL: Q51 Q55 Q56 Q57 Q58
    Date: 2006–01

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