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Airport charge, traffic volume and car rental price : empirical evidence at US airports Shi, Zijun

Abstract

This paper examines the interaction among airport aeronautical charge, traffic volume, and car rental service charge by employing a cross-section dataset covering 337 airports in the United States. Other determinants of the aeronautical charge are also examined. Using the method of three stage least squares, the main empirical findings are: (1) Car rental price has no significant impact on passenger volume, indicating that rental cost, which is an important cost category of airport concessional goods, does not affect passenger volume of airport. (2) Car rental price has no significant effect on aeronautical charge. (3) Only rental price at airports with a very low transfer rate responds positively to passenger volume. Overall, rental price does not respond to passenger volume or aeronautical charge. (4) Aeronautical charge has a significant negative effect on passenger volume, but it has no significant effect on car rental price.

Item Metadata

Title
Airport charge, traffic volume and car rental price : empirical evidence at US airports
Creator
Shi, Zijun
Publisher
University of British Columbia
Date Issued
2014
Description
This paper examines the interaction among airport aeronautical charge, traffic volume, and car rental service charge by employing a cross-section dataset covering 337 airports in the United States. Other determinants of the aeronautical charge are also examined. Using the method of three stage least squares, the main empirical findings are: (1) Car rental price has no significant impact on passenger volume, indicating that rental cost, which is an important cost category of airport concessional goods, does not affect passenger volume of airport. (2) Car rental price has no significant effect on aeronautical charge. (3) Only rental price at airports with a very low transfer rate responds positively to passenger volume. Overall, rental price does not respond to passenger volume or aeronautical charge. (4) Aeronautical charge has a significant negative effect on passenger volume, but it has no significant effect on car rental price.
Genre
Thesis/Dissertation
Type
Text
Language
eng
Date Available
2014-08-01
Provider
Vancouver : University of British Columbia Library
Rights
Attribution-NonCommercial-NoDerivs 2.5 Canada
DOI
10.14288/1.0102474
URI
http://hdl.handle.net/2429/48604
Degree
Master of Science in Business - MScB
Program
Business Administration
Affiliation
Business, Sauder School of
Degree Grantor
University of British Columbia
Graduation Date
2014-09
Campus
UBCV
Scholarly Level
Graduate
Rights URI
http://creativecommons.org/licenses/by-nc-nd/2.5/ca/
Aggregated Source Repository
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Attribution-NonCommercial-NoDerivs 2.5 Canada