An empirical assessment of the merger between Iberia, Clickair and Vueling

• Xavier Fageda Sanjuan ^[1]
  1. [1] Universitat de Barcelona

     Universitat de Barcelona

     Barcelona, España

     
• Localización: Cuadernos económicos de ICE, ISSN 0210-2633, ISSN-e 2340-9037, Nº 88 (Pólitica de defensa de la competencia en España: un análisis sectorial), 2014, págs. 77-96
• Idioma: inglés
• DOI: 10.32796/cice.2014.88.6085
• Enlaces
  • Texto completo
• Resumen
  • español

    En este artículo se aplica un estimador de diferencias en diferencias para examinar el impacto de la fusión entre Iberia, Clickair y Vueling en la frecuencia de vuelos a nivel de ruta, que está considerado como el principal atributo de calidad en el sector. Controlando por diferentes indicadores de competencia y varios atributos a nivel de ruta, muestro que la fusión ha supuesto una disminución de la frecuencia de la ruta de vuelo, pero la magnitud de este efecto es modesto. Una explicación plausible de mi resultado es un comportamiento más colusivo de las compañías

  • English

    In this paper, i apply a difference-in-difference estimator to examine the impact of the merger between Iberia, Clickair and Vueling on route flight frequency, which is considered to be the main attribute of quality in the sector. Controlling for different indicators of competition and several route attributes, I show that the merger has implied a decrease in route flight frequency but the magnitude of this effect is modest. A plausible explanation of my result is a more collusive behavior of airlines offering flights in the routes affected by the merger

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