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Title: Pricing externalities in air transport markets : an empirical approach
Author: Betancor, Ofelia
ISNI:       0000 0004 2727 1521
Awarding Body: University of Leeds
Current Institution: University of Leeds
Date of Award: 2011
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The main purpose of this thesis is to examine the role of airport pricing in dealing with the problem of air transport externalities. The thesis starts with a review of the theoretical and current approach to the treatment of these effects. The intention was to identify research needs for a better orientation of economic regulation in this area. The conclusion is that current regulatory practice at airports is dominated by the presence of command and control policies, and when pricing of externalities is implemented it is not usually related to their social costs. This thesis concentrates on the main issues of noise, congestion and Mohring effects at airports. Furthermore, most of the analyses are applied exercises that allowed investigating how to derive marginal external costs values and functions and how to translate these into charges (or subsidies) at the airport level. Therefore this thesis contributes to the methodology that allows estimating social marginal costs of noise at airports, social marginal costs of congestion at airports terminals and social marginal benefits as driven by Mohring effects in air transport. It also utilizes these estimates to derive implications for pricing of such external effects at the airport level. The results from this work point out to the need for a comprehensive view of external effects that interact, and in particular for the inclusion in the policy analysis of Mohring effects in air transport. Finally, to price externalities we need to clarify the regulatory objectives. If we wish to maximize social welfare then we should counterbalance social marginal benefits and costs. The problem with this approach is that it is comprehensive of all external effects. Hence, the utilization of efficient pricing, leaving aside other types of measures, would require having available robust estimates of both, marginal social costs and benefits curves of air transportation.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID:  DOI: Not available