客員研究員

Feb 1, 2008 Report No:07-14

Efficiency and stability of an open sky network

Author
  • Katsuhiro YamaguchiGraduate School of Public Policy, The University of Tokyo
  • Masashi YamamotoUniversity of Toyama
  • Yuichiro YoshidaGRIPS
Field Economics
Language English
Abstract

North America, Europe, and Asia are three largest regional blocks in the global aviation. EU has liberalized its aviation market within the region, following the north America. However, Asia is still left behind, and most of the markets in the region are still governed by bilateral air service agreements. This paper shows that, any pair of countries with an exclusive bilateral air-service agreement has no incentive to open their market to the third country; and yet that a comprehensive multilateral air service agreement within the entire region improves the welfare of all countries in the region.

Keywords air transport market, air-service agreement, social network analysis
attachment 07-14.pdf