nep-tur New Economics Papers
on Tourism Economics
Issue of 2014‒10‒13
five papers chosen by
Laura Vici
Università di Bologna

  1. Impact of Community-based Tourism in a Village Economy in Thailand: An analysis with VCGE model By Komsan SURIYA
  2. The Effects of Natural and Cultural Degradations in Trabzon Karadag High Plateau-Tourism Center, Turkey, on Eco-tourism Activities and Some Solution Proposals By Emrah Yalcinalp; Mustafa Var
  3. How Large is Tourism's Impact on the West Africa Economy? An Econometric Investigation By Gbadebo ODULARU
  4. The Network Effects of Air-Travel Demand By Yanhao Wei
  5. Tourism in Seychelles Creation Date: 1997 By R. Gabbay; R.N. Ghosh

  1. By: Komsan SURIYA
  2. By: Emrah Yalcinalp; Mustafa Var
  3. By: Gbadebo ODULARU
  4. By: Yanhao Wei (Department of Economics, University of Pennsylvania)
    Abstract: As demand increases, airline carriers often increase flight frequencies to meet the larger flow of passengers in their networks, which reduces passengers' schedule delays and attracts more demand. Motivated by this, I study a structural model of the U.S. airline industry accounting for possible network effects of demand compared with previous studies, the model implies higher cost estimates, which seem more consistent with the unprofitability of the industry; below-marginal-cost pricing becomes possible and appears on many routes. I also study airline mergers and find that the network effects can be the main factor underlying their profitability.
    Keywords: Airlines, Network Effects, Flight Frequency, Merger, Networks
    JEL: L13 L93 D62 C31
    Date: 2014–09–21
  5. By: R. Gabbay; R.N. Ghosh

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