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Book part
Publication date: 19 January 2005

KJ. Button, P. Nijkamp and P. Rietveld

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Urban Dynamics and Growth: Advances in Urban Economics
Type: Book
ISBN: 978-0-44451-481-3

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Book part
Publication date: 1 January 2005

Hai Yang and Hai-Jun Huang

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Mathematical and Economic Theory of Road Pricing
Type: Book
ISBN: 978-0-08-045671-3

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Book part
Publication date: 14 September 2007

Robin Lindsey and Erik Verhoef

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Handbook of Transport Modelling
Type: Book
ISBN: 978-0-08-045376-7

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Book part
Publication date: 12 September 2017

Terje A. Mathisen, Finn Jørgensen, Pål A. Pedersen and Georgina Santos

A substantial part of airports’ revenues relates to charges covering the costs of services supplied by the airport. Charges are imposed on carriers, which in turn pass them or a

Abstract

A substantial part of airports’ revenues relates to charges covering the costs of services supplied by the airport. Charges are imposed on carriers, which in turn pass them or a percentage of them, on to passengers. In the present chapter, special attention is given to regional airports characterized by low traffic volumes, enabling only one or a few carriers to serve each destination. A classic economic model is presented to analyze how the pass-on rate depends on supply and demand characteristics and market structure. Some illustrative examples assuming combinations of common specifications for market characteristics are also presented, showing pass-on rates ranging from 50% to more than 100%. Consequently, market structure and characteristics of carriers and passengers are decisive for how passengers experience changes in airport charges. The differences between the optimal charge from the perspectives of the airport and the welfare of society are specifically addressed. It is demonstrated that knowledge of the pass-on rate in the monopoly cases may be sufficient to infer how the mark-up will be affected by a change in marginal costs. Consequently, the understanding of the pass-on rate is relevant for airport owners and for decision-makers when considering the welfare of passengers and other politically stated goals.

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The Economics of Airport Operations
Type: Book
ISBN: 978-1-78714-497-2

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Book part
Publication date: 2 October 2001

Kenneth J. Button

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Handbook of Transport Systems and Traffic Control
Type: Book
ISBN: 978-1-61-583246-0

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Article
Publication date: 1 April 1997

Norman Desmarais

35

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Electronic Resources Review, vol. 1 no. 4
Type: Research Article
ISSN: 1364-5137

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Book part
Publication date: 28 February 2017

Harmen Oppewal and Harry Timmermans

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Handbook of Logistics and Supply-Chain Management
Type: Book
ISBN: 978-0-8572-4563-2

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Book part
Publication date: 19 November 2003

Kenneth J. Button

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Handbook of Transport and the Environment
Type: Book
ISBN: 978-0-080-44103-0

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Article
Publication date: 1 February 1991

D.A. Button

Outlines the development of window and cladding technology in theUK, dealing with two current projects – Fenestration 2000 and TheCentre for Window and Cladding Technology at the…

176

Abstract

Outlines the development of window and cladding technology in the UK, dealing with two current projects – Fenestration 2000 and The Centre for Window and Cladding Technology at the University of Bath – which are directed at improving UK performance in the window and cladding sector of construction. Suggests that the most successful companies of tomorrow may be those that not only anticipate, but create the future.

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Structural Survey, vol. 9 no. 2
Type: Research Article
ISSN: 0263-080X

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Book part
Publication date: 14 September 2007

Frank S. Koppelman

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Handbook of Transport Modelling
Type: Book
ISBN: 978-0-08-045376-7

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