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Economic Effects of Airline Deregulation

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ISBN-10: 0815758456

ISBN-13: 9780815758457

Edition: N/A

Authors: Clifford M. Winston, Steven A. Morrison

List price: $15.95
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Description:

In 1938 the U.S. Government took under its wing an infant airline industry. Government agencies assumed responsibility not only for airline safety but for setting fares and determining how individual markets would be served. Forty years later, the Airline Deregulation Act of 1978 set in motion the economic deregulation of the industry and opened it to market competition. This study by Steven Morrison and Clifford Winston analyzes the effects of deregulation on both travelers and the airline industry. The authors find that lower fares and better service have netted travelers some $6 billion in annual benefits, while airline earnings have increased by $2.5 billion a year. Morrison and Winston…    
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Book details

List price: $15.95
Publisher: Brookings Institution Press
Binding: Paperback
Pages: 84
Size: 6.25" wide x 9.25" long x 0.50" tall
Weight: 0.330
Language: English