Economic Impact of the Open Skies Agreement Policy in Chile (Impacto Economico De La Politica De Acuerdos De Cielos Abiertos En Chile)

43 Pages Posted: 16 Jul 2008 Last revised: 24 Jul 2008

Marcelo Villena

Adolfo Ibanez University

Rodrigo Harrison

Pontifical Catholic University of Chile - Institute of Economics

Mauricio G. Villena

Adolfo Ibanez University

Date Written: July, 15 2008

Abstract

In 1979, the "Ley de Aviaciýn Comercial" (Commercial Aviation Act) was passed in Chile. Its main goal was to improve the air transport by means of "Open Sky Policies", competence (freedom of prices) and a progressive lesser intervention of the official authority. Since then an international air policy is applied under the frame of "Open Skyes with Reciprocity". This article evaluates economically the impact of the Chilean liberalization policy in this market during the last years. Specifically, we evaluated the impacts of the Agreements on Open Skyes that Chile has reached with the most important countries in terms of air traffic. Besides that, a comparison is made with other countries in the region with lower levels of economic openness.

Notes: Downloadable document is in Spanish.

Keywords: Liberalization, Air Transport, Open Sky Policies, Chile

JEL Classification: F4, L4, L9

Suggested Citation

Villena, Marcelo and Harrison, Rodrigo and Villena, Mauricio G., Economic Impact of the Open Skies Agreement Policy in Chile (Impacto Economico De La Politica De Acuerdos De Cielos Abiertos En Chile) (July, 15 2008). Revista de Analisis Economico, Vol. 23, No. 1, pp. 107-149, 2008. Available at SSRN: https://ssrn.com/abstract=1160324

Marcelo Villena (Contact Author)

Adolfo Ibanez University ( email )

Diagonal Las Torres 2640 Peñaleón
Presidente Errázuriz 3485 Las Condes
Santiago, 794-1169
Chile

HOME PAGE: http://www.uail.cl

Rodrigo Harrison

Pontifical Catholic University of Chile - Institute of Economics ( email )

Casilla 76
Correo 17
Santiago
Chile

Mauricio G. Villena

Adolfo Ibanez University ( email )

Santiago, 794-1169
Chile

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