A reexamination of returns to scale, density and technical progress in U.S. airlines.

A model was developed to estimate the return to scale, the return to density (RTD), and technical change in the U.S. airline industry by using a system of input demand functions derived from cost minimizing behavior of the individual airlines. A flexible cost function that satisfies global concavit...

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Bibliographic Details
Published in:Southern Economic Journal Vol. 57; pp. 428 - 443
Main Author: Kumbhakar, Subal C.
Format: Article
Published: Southern Economic Association October 1990
Online Access:View this record in EBSCOhost