| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3863 |
| DP3863 Education, Growth and Income Inequality | |
| Coen N. Teulings; Thijs van Rens | |
| 发表日期 | 2003-04-23 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | This Paper examines international competition in the commercial aircraft industry. We estimate a discrete choice, differentiated products demand system for wide-body aircraft and examine the Airbus-Boeing rivalry under various assumptions on firm conduct. We then use this structure to evaluate two trade disputes between the United States and European Union. Our results suggest that aircraft prices increased by about 3.7% after the 1992 US ? EU agreement on trade in civil aircraft that limits subsidies. This price hike is consistent with a 5% increase in firms? marginal costs after the subsidy cuts. We also simulate the impact of the future entry of the Airbus A-380 super-jumbo aircraft on the demand for other wide-bodied aircraft, notably the Boeing 747. We find that the A-380 could reduce the market share of the 747 by up to 14.8 percentage points in the long range wide-body market segment (depending upon the discounts offered on the A-380), but would reduce the market for Airbus?s existing wide-bodies by an even greater margin. |
| 主题 | Industrial Organization ; International Trade and Regional Economics |
| 关键词 | Trade policy Aircraft industry |
| URL | https://cepr.org/publications/dp3863 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532848 |
| 推荐引用方式 GB/T 7714 | Coen N. Teulings,Thijs van Rens. DP3863 Education, Growth and Income Inequality. 2003. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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