Single-Till versus Dual-Till Regulation of Airports: Where Do Academics and Regulators (Dis)Agree?

35 Pages Posted: 20 Feb 2016

See all articles by Achim Czerny

Achim Czerny

Hong Kong Polytechnic University - Faculty of Business

Cathal Guiomard

DCU Business School, Dublin, Ireland

Anming Zhang

University of British Columbia (UBC) - Sauder School of Business

Date Written: February 19, 2016

Abstract

Most airports operate under public ownership, while the number of private and economically regulated airports is increasing. Furthermore, airports nowadays earn as much revenue from commercially-oriented business activities as from aeronautical activities. These two observations lead to a natural question: How to optimally integrate profits derived from commercial activities into the regulation of aeronautical charges? This question is addressed in this paper by comparing literature results on the relative benefits of regulatory regimes with regulatory practice in Ireland and the United Kingdom to identify avenues for future research which could be useful to support and improve future regulatory decisions.

Keywords: Airports, regulation, single-till, dual-till, concessions

JEL Classification: L9

Suggested Citation

Czerny, Achim and Guiomard, Cathal and Zhang, Anming, Single-Till versus Dual-Till Regulation of Airports: Where Do Academics and Regulators (Dis)Agree? (February 19, 2016). Available at SSRN: https://ssrn.com/abstract=2734643 or http://dx.doi.org/10.2139/ssrn.2734643

Achim Czerny (Contact Author)

Hong Kong Polytechnic University - Faculty of Business ( email )

9/F, Li Ka Shing Tower
The Hong Kong Polytechnic University
Hong Kong, Hung Hom, Kowloon M923
China

Cathal Guiomard

DCU Business School, Dublin, Ireland ( email )

Dublin 9
Ireland

Anming Zhang

University of British Columbia (UBC) - Sauder School of Business ( email )

2053 Main Mall
Vancouver, BC V6T 1Z2
Canada

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