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Replication data for: Tracing the Woes: An Empirical Analysis of the Airline Industry
- Berry, Steven
- Jia, Panle
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Abstract
The US airline industry went through tremendous turmoil in the early 2000s, with four major bankruptcies, two major mergers, and various changes in network structure. This paper presents a structural model of the industry, and estimates the impact of demand and supply changes on profitability. Compared with 1999, we find that, in 2006, air-travel demand was 8 percent more price sensitive, passengers displayed a stronger preference for nonstop flights, and changes in marginal cost significantly favored nonstop flights. Together with the expansion of low-cost carriers, they explain more than 80 percent of legacy carriers' variable profit reduction. (JEL L13, L25, L93)
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Is supplement to
DOI: 10.1257/mic.2.3.1 (Text)
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Berry, Steven, and Panle Jia. “Tracing the Woes: An Empirical Analysis of the Airline Industry.” American Economic Journal: Microeconomics 2, no. 3 (August 2010): 1–43. https://doi.org/10.1257/mic.2.3.1.
- ID: 10.1257/mic.2.3.1 (DOI)
Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2020-04-29
Berry, Steven; Jia, Panle (2010): Replication data for: Tracing the Woes: An Empirical Analysis of the Airline Industry. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E114375V1-24004
