{"title":"国际航班市场的竞争与进入威慑:来自韩国地区机场的证据","authors":"J. Sun","doi":"10.1080/10168737.2022.2073600","DOIUrl":null,"url":null,"abstract":"This study examines carriers’ entry of the Korean international routes at Daegu International Airport from 2010 to 2018. We investigate whether carriers’ entry into the international flight market is deterred by pre-existing carriers. The competition level of the six months before entry has a much higher contribution to the decision to launch route service. The lower the market concentration six months ago, the less likely a new carrier entry in the current period; competitive and increasingly crowded routes are hindered by entry barriers, deterring new entrants to the international flight market. The shorter the flight distance and the larger the air passenger market, the higher the probability of entering a new airline carrier. New entrants to non-stop point-to-point route structures are more likely on short-haul routes and routes operated by at least one low-cost carrier.","PeriodicalId":35933,"journal":{"name":"INTERNATIONAL ECONOMIC JOURNAL","volume":"36 1","pages":"263 - 274"},"PeriodicalIF":0.9000,"publicationDate":"2022-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":"{\"title\":\"Competition and Entry Deterrence in the International Flight Market: Evidence from Korean Regional Airport\",\"authors\":\"J. Sun\",\"doi\":\"10.1080/10168737.2022.2073600\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This study examines carriers’ entry of the Korean international routes at Daegu International Airport from 2010 to 2018. We investigate whether carriers’ entry into the international flight market is deterred by pre-existing carriers. The competition level of the six months before entry has a much higher contribution to the decision to launch route service. The lower the market concentration six months ago, the less likely a new carrier entry in the current period; competitive and increasingly crowded routes are hindered by entry barriers, deterring new entrants to the international flight market. The shorter the flight distance and the larger the air passenger market, the higher the probability of entering a new airline carrier. New entrants to non-stop point-to-point route structures are more likely on short-haul routes and routes operated by at least one low-cost carrier.\",\"PeriodicalId\":35933,\"journal\":{\"name\":\"INTERNATIONAL ECONOMIC JOURNAL\",\"volume\":\"36 1\",\"pages\":\"263 - 274\"},\"PeriodicalIF\":0.9000,\"publicationDate\":\"2022-04-03\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"1\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"INTERNATIONAL ECONOMIC JOURNAL\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1080/10168737.2022.2073600\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"INTERNATIONAL ECONOMIC JOURNAL","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/10168737.2022.2073600","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
Competition and Entry Deterrence in the International Flight Market: Evidence from Korean Regional Airport
This study examines carriers’ entry of the Korean international routes at Daegu International Airport from 2010 to 2018. We investigate whether carriers’ entry into the international flight market is deterred by pre-existing carriers. The competition level of the six months before entry has a much higher contribution to the decision to launch route service. The lower the market concentration six months ago, the less likely a new carrier entry in the current period; competitive and increasingly crowded routes are hindered by entry barriers, deterring new entrants to the international flight market. The shorter the flight distance and the larger the air passenger market, the higher the probability of entering a new airline carrier. New entrants to non-stop point-to-point route structures are more likely on short-haul routes and routes operated by at least one low-cost carrier.
期刊介绍:
International Economic Journal is a peer-reviewed, scholarly journal devoted to publishing high-quality papers and sharing original economics research worldwide. We invite theoretical and empirical papers in the broadly-defined development and international economics areas. Papers in other sub-disciplines of economics (e.g., labor, public, money, macro, industrial organizations, health, environment and history) are also welcome if they contain international or cross-national dimensions in their scope and/or implications.