The economics of airport operations.
- 1 online resource (456 pages)
- Advances in Airline Economics Ser. ; v.6 .
- Advances in Airline Economics Ser. .
Front Cover -- The Economics of Airport Operations -- Copyright Page -- Contents -- List of Contributors -- Editorial Members -- About the Editors -- Chapter 1 Introduction -- The Changing Nature of Airport Operations and the Role of Government -- Efficiency, Structure and Pricing of Airport Services -- Airport Effects on Local and Regional Economies -- Airport Operations and Airport Connectivity -- Summary and Concluding Observations -- Notes -- References -- Chapter 2 Light-Handed Regulation of Airport Services: An Alternative Approach to Direct Regulation? -- Introduction -- What is "Light-Handed" Regulation? -- Examples of Light-Handed Regulation of Airports -- Structure of the Chapter -- Regulation of Airport Services - The Rationale -- Traditional Approaches to the Economic Regulation of Airports -- Rate of Return Regulation and Cost-based Regulation -- Price Cap Regulation -- Variations to Direct Regulatory Approaches -- Governance Arrangements Involving "Checks" and "Balances" - Airports in the US -- The Evolution of Light-Handed Regulation -- Introduction of Light-Handed Regulation in New Zealand (late 1980s) -- Light-Handed Regulation in the Utility Sector in North America (1980s onwards) -- The Introduction of Light-Handed Regulation of Airports in Australia (2002) -- Changes to Light-Handed Regulation in New Zealand (2000s) -- General Reasons for Moving to Light-Handed Regulation of Airports -- Difficulties Experienced with Price Cap Regulation of Airport Services -- Increased Complexity and Regulatory Intervention Over Time -- Risk and Uncertainty -- The Benefits of Greater Negotiation of Airport Services -- Comparison of Light-Handed Approaches to Regulation of Airport Services in Australia and New Zealand -- Information Disclosure and Price and Quality of Service Monitoring Regulation -- Negotiate-Arbitrate Regulation -- Summary. Vancouver International Airport.
This volume examines the role that airports play in economic development and land values, the regulation and economic efficiency of airports, airport pricing and competition, and the role played by airports in influencing airline operations and networks.