The Economic Regulation of Airports: Recent Developments in Australasia, North America and Europe PDF
Preview The Economic Regulation of Airports: Recent Developments in Australasia, North America and Europe
R o u t le d g www.routledge.com e THE ECONOMIC REGULATION OFAIRPORTS In memory of Martin Kunz Thisbook isdedicated toourerstwhile colleague and friend Martin Kunz,whowas one of the principals founding GARS. Sadly Martin died shortly before the first meeting. We especially miss his well-founded and provocative advice in airport regulation,whichwashismainfieldofresearch. The Economic Regulation ofAirports RecentDevelopmentsinAustralasia,NorthAmerica and Europe Edited by PETER FORSYTH DAVID W. GILLEN ANDREAS KNORR OTTO G MAYER HANS-MARTIN NIEMEIER DAVID STARKIE Published in Association with the German Aviation Research Society (GARS) Firstpublished 2004byAshgate Publishing Published 2017by Routledge 2Park Square,MiltonPark,Abingdon, Oxon,0X14 4RN 711ThirdAvenue,NewYork,NY 10017,USA Routledge is an imprint of the Taylor & Francis Group, an informa business Copyright © Peter Forsyth, David W.Gillen, Andreas Knorr, Otto G.Mayer, Hans-Martin andDavid Starkie2004 PeterForsyth,DavidW.Gillen,AndreasKnorr,OttoG Mayer,Hans-MartinNiemeier andDavidStarkiehaveassertedtheir rightundertheCopyright,DesignsandPatents Act, 1988,tobeidentified astheeditorsofthiswork. Allrightsreserved.Nopart ofthisbook maybereprinted orreproduced orutilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storageorretrieval system,withoutpermission inwriting from thepublishers. Notice: Product or corporate names may be trademarks or registered trademarks, and are usedonlyforidentification andexplanationwithout intentto infringe. British Library Cataloguing in Publication Data Theeconomicregulationofairports :recent developments inAustralasia,NorthAmericaandEurope.-(Ashgate studiesinaviationeconomicsandmanagement) 1.Airports-Lawandlegislation2.Airports-Economic aspects I.Forsyth,Peter 387.736 Library of Congress Cataloging-in-Publication Data Theeconomicregulationofairports:recentdevelopmentsinAustralasia,NorthAmerica andEurope/editedbyPeterForsyth... [etal.]. p. cm.—(Ashgate studiesinaviationeconomics andmanagement) PublishedinassociationwithGermanAviationResearchSociety(G.A.R.S.). Includesbibliographical references. ISBN0-7546-3816-2 1.Aeronautics,Commercial—Governmentpolicy—Casestudies.2.Aeronautics, Commercial—Deregulation-Case studies.I.Forsyth,P.(Peter)II.Series. HE9777.7.E282004 387.7'36~dc22 2003063923 ISBN 13:978-0-7546-3816-2 (hbk) Contents Acknowledgements vii Editors and Contributors ix Introduction and Overview xiii Part A: Australasia 1. Replacing Regulation: Airport PriceMonitoring inAustralia Peter Forsyth 3 2. AShift Towards Regulation? TheCaseofNew Zealand Peter McKenzie- Williams 23 Part B: North America 3. Airport Pricing,Financing andPolicy:Report toNational Transportation ActReview Committee David W. Gillen and William Morrison 45 4. TheRegulation ofUS Airports Anne Graham 63 Part C: Europe 5. Calculating the Short-RunMarginal Infrastructure Costs ofRunwayUse:AnApplication toDublin Airport Oliver Hogan and David Starkie 75 6. Privatisation andRegulation ofAmsterdam Airport Jaap de Wit 83 7. Airport Regulation intheUK Nienke Hendriks and Doug Andrew 101 8. UK-Regulation from thePerspective oftheBAApic Mike Toms 117 VI The Economie Regulation of Airports 9. NewApproaches inAirline/Airport Relations:The Charges Framework ofFrankfurt Airport Michael Klenk 125 10. Privatization inAustria: SomeTheoretical Reasonsand FirstResultsaboutthePrivatization Proceeds inGeneral andofVienna Airport Friedrich Schneider 141 11. Regulation inTimes ofCrisis:Experiences withaPublic- PrivatePrice CapContract atHamburg Airport Thomas Immelmanti 155 12. CapacityUtilization, Investment andRegulatory Reform of German Airports Hans-Martin Niemeier 163 Part D: Towards Institutional Reforms 13. OptimalEconomicRegulation:AShort Surveyof Developments from the 1970stothe 1990s Cathal Guiomard 193 14.Airport Privatisation and Regulation: Gettingthe Institutions Right Hartmut Wolf 201 15. OntheInstitutional Setting ofEx-Post Regulation inRegulated Industries Bernhard Duijm 213 Acknowledgements The book is a compilation of selected papers presented at three workshops organized by the German Aviation Research Society. We would like to thank the HWWA - Institute of Economic Research, the University of Bremen and the University of Applied Sciences Bremen for acting as hosts. We are also grateful to Hamburg Airport, Lufthansa and the Wolfgang-Ritter-Stiftung for providing financial support. John Hindley of Ashgate Publishers was encouraging with his active participation in founding GARS and establishing a book series. His commitment was critical. Our thanks also go to Andreas Arndt, Jürgen MüUer, Wolfgang Strehl for their support. Editors and Contributors Doug Andrew is Lead Infrastructure Specialist of the World Bank. He was Group Director of Economic Regulation at the UK Civil Aviation Authority, a founding commissioner ofEurocontrol's Performance Review Commission andamember of Eurocontrol's Regulatory Committee. Previously, he was deputy secretary in chargeofregulation andtaxpolicy intheNew ZealandTreasury, andwas educated at Princeton and Auckland Universities. In addition to his career in the New Zealand Treasury he had secondments as economic adviser to the New Zealand leader of the opposition (David Lange) and to the World Bank in the Australian ExecutiveDirector's Office. Bernhard Duijm has been a lecturer in Economic Policy at the University of Tubingen since 1996. His current position is Temporary Professor of Economics. He received his PhD in Economics from the University of Tubingen in 1990. Research interests include competition policy in European integration, interdependence of competition policy and international trade policy, and the institutional designofcompetition andregulation authorities. Peter Forsyth has been Professor of Economics at Monash University, Australia since 1997. Prior to this he held posts at Australian National University and the University ofNew England. He holds degrees form the University of Sydney and the University of Oxford. He has specialised in the economics of transport, especially aviation, privatisation and regulation, and the economics of tourism. Most recently, he has been paying particular attention to the privatisation and regulation of airports, and to the use of computable general equilibrium models in evaluating the economic impacts of tourism. He has recently published an edited volumeofclassic articles ontheeconomics ofairtransport (Edward Elgar). David W. Gillen is Professor in the School of Business and Economics, Wilfrid Laurier University, Waterloo, Canada. He also holds the position of Visiting Professor in Civil and Environmental Engineering and Research Economist, Institute ofTransportation Studies,University of California-Berkeley. He obtained his PhD in Economics from the University of Toronto in 1975. He has held positions attheUniversity ofAlberta, University ofBritish Columbia and Queen's University. He has published over 60 articles and 15 books in the areas of transportation economics, transportation management, industrial organisation and
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