Switching Costs in the Brazilian Airline Sector

Marcelo Resende, D. Amorim, P. O. Valente
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引用次数: 2

Abstract

Abstract This paper calculates the switching costs in the context of the Brazilian airline industry by considering an indirect approach, and econometrically evaluates its determinants during the 2005-2017 period. Evidence suggests non-negligible switching costs that display a decreasing trend over time, which is consistent with an increase in the competition in the sector, as also exhibited in other countries. An instrumental variables estimation suggests that variables referring to the number of flights, a frequent flyer program and the entry/presence of competitors play a role in determining the magnitude of switching costs.
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巴西航空业的转换成本
本文采用间接方法计算了巴西航空业2005-2017年期间的转换成本,并对其决定因素进行了计量评估。有证据表明,不可忽略的转换成本随着时间的推移呈现下降趋势,这与该部门竞争的增加是一致的,其他国家也表现出这一点。工具变量估计表明,涉及航班数量、常旅客计划和竞争对手的进入/存在的变量在决定转换成本的大小方面发挥作用。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
2.60
自引率
8.30%
发文量
9
期刊介绍: International Journal of the Economics of Business presents original, peer reviewed research in economics that is clearly applicable to business or related public policy problems or issues. The term "business" is used in its widest sense to encompass both public and private sector—governmental, private non-profit and cooperative organizations, as well as profit-seeking enterprises. International Journal of the Economics of Business carries papers relating to three main spheres: The organization—to analyse and aid decision making and the internal organization of the business; The industry—to analyse how businesses interact and evolve within and across industries.
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