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dc.contributor.authorAraújo Turolla, Frederico
dc.contributor.authorDiniz Vasallo, Moisés
dc.contributor.authorVinícius Marques de Oliveira, Alessandro
dc.date.accessioned2014-08-21T02:54:29Z
dc.date.available2014-08-21T02:54:29Z
dc.date.issued2008
dc.identifier.citationRevista de Análisis Económico 23(1): 2008, p. 21-33es_CL
dc.identifier.urihttp://repositorio.uahurtado.cl/handle/11242/1881
dc.descriptionThis paper presents a test of intermodal interaction between coaches and airlines in Brazil in order to check for the efficacy of recent liberalization measures designed to promote competition in both industries. Interstate travel service in the country is heavily provided by coaches, and the system is fully operated by the private sector under public delegation through permits and authorizations. Agency-based regulation was introduced in 2002 along with a price cap regime aimed at enhancing the flexibility to change fares in response to demand and cost conditions. By making use of a reaction function-based model of coach operators’ pricing decisions in the interstate travel market, we then estimate the sensitivity of the changes in coach fares to the changes in airline fares in a simultaneous-equation framework. Intermodal interaction among coach operators and airlines is found to be highly significant and probably due to the competition for a small but increasing set of premium, quality-sensitive, coach passengers.en_US
dc.language.isoen_USes_CL
dc.publisherILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocioses_CL
dc.rightsAttribution 3.0 Unportedes_CL
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/es_CL
dc.subject.lcshLíneas aéreas -- Aspectos económicos -- Brasiles_CL
dc.titleIntermodal Competition in the Brazilian Interstate Travel Marketes_CL
dc.typeArtículoes_CL


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Attribution 3.0 Unported
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