Deregulation And Labor Earnings In The Airline Industry

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Deregulation and Labor Earnings in the Airline Industry

Author : David Edward Card
Publisher :
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Deregulation and Labor Earnings in the Airline Industry by : David Edward Card

Download or read book Deregulation and Labor Earnings in the Airline Industry written by David Edward Card and published by . This book was released on 1996 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses a variety of data sources to study the effect of deregulation on the structure of wages in the airline industry. Microdata from the 1980 and 1990 Censuses show a 10 percent decline in the relative earnings of airline workers after deregulation, with roughly similar declines for industry-specific occupations (pilots and flight attendants) and general occupations (managers and secretaries). Union contract data for pilots, flight attendants and mechanics at the major firms show similar trends in the levels of earnings along with a rise in inter-firm wage inequality -- especially for pilots. Finally, data from the displaced worker surveys reveal that airline workers experienced similar wage losses to job-losers from other industries over the 1980s. Taken as a whole, the evidence suggests that the rent premiums earned by airline workers in the regulatory era were relatively modest, and comparable to the wage premiums earned in many other sectors.

The Economic Effects of Airline Deregulation

Author : Steven Morrison
Publisher : Brookings Institution Press
ISBN 13 : 0815708068
Total Pages : 97 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis The Economic Effects of Airline Deregulation by : Steven Morrison

Download or read book The Economic Effects of Airline Deregulation written by Steven Morrison and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1938 the U.S. Government took under its wing an infant airline industry. Government agencies assumed responsibility not only for airline safety but for setting fares and determining how individual markets would be served. Forty years later, the Airline Deregulation Act of 1978 set in motion the economic deregulation of the industry and opened it to market competition. This study by Steven Morrison and Clifford Winston analyzes the effects of deregulation on both travelers and the airline industry. The authors find that lower fares and better service have netted travelers some $6 billion in annual benefits, while airline earnings have increased by $2.5 billion a year. Morrison and Winston expect still greater benefits once the industry has had time to adjust its capital structure to the unregulated marketplace, and they recommend specific public polices to ensure healthy competition.

Airline Labor Relations Under Deregulation

Author : Francis Auten Spencer
Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Airline Labor Relations Under Deregulation by : Francis Auten Spencer

Download or read book Airline Labor Relations Under Deregulation written by Francis Auten Spencer and published by . This book was released on 1986 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Airline Deregulation and Laissez-Faire Mythology

Author : Paul S. Dempsey
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313066604
Total Pages : 392 pages
Book Rating : 4.3/5 (13 download)

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Book Synopsis Airline Deregulation and Laissez-Faire Mythology by : Paul S. Dempsey

Download or read book Airline Deregulation and Laissez-Faire Mythology written by Paul S. Dempsey and published by Bloomsbury Publishing USA. This book was released on 1992-09-08 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Airline deregulation is a failure, conclude Professors Dempsey and Goetz. They assault the conventional wisdom in this provocative book, finding that the Airline Deregulation Act of 1978, championed by a profound political movement which also advocated the deregulation of the bus, trucking, rail, and pipeline industries, failed to achieve the promises of its proponents. Only now is the full impact of deregulation being felt. Airline deregulation has resulted in unprecedented industry concentration, miserable service, a deterioration in labor-management relations, a narrower margin of safety, and higher prices for the consumer. This comprehensive book begins by exploring the strategy, tactics, and egos of the major airline robber barons, including Frank Lorenzo and Carl Icahn. In separate chapters, the strengths, weaknesses, and corporate cultures of each of the major airlines are evaluated. Part Two assesses the political, economic, and social justifications for New Deal regulation of aviation, and its deregulation in the late 1970s. Part Three then addresses the major consequences of deregulation in chapters on concentration, pricing, service, and safety, and Part Four advances a legislative agenda for solving the problems that have emerged. Professors Dempsey and Goetz advocate a middle course of responsible government supervision between the dead hand of regulation of the 1930s and the contemporary evil of market Darwinism. The book will be of particular interest to airline and airport industry executives, government officials, and students and scholars in public policy, economics, business, political science, and transportation.

Airline Labor Relations in the Global Era

Author : Peter Cappelli
Publisher : Cornell University Press
ISBN 13 : 9780875463445
Total Pages : 268 pages
Book Rating : 4.4/5 (634 download)

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Book Synopsis Airline Labor Relations in the Global Era by : Peter Cappelli

Download or read book Airline Labor Relations in the Global Era written by Peter Cappelli and published by Cornell University Press. This book was released on 1995 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emerging from a 1993 conference on airline labor relations convened by the National Mediation Board, this volume provides a comprehensive discussion of the problems facing the airline industry, the significance of globalization, the impact of deregulation and labor relations, and possible solutions. "The lasting contribution of this volume may be its use to historians as they try to understand what the players were thinking in the early 1990s, as the industry embarked on another era of transformation." (from the introduction) Paper edition (unseen), $18.95. Annotation copyright by Book News, Inc., Portland, OR

Wage and Employment Effects of Transport Deregulation

Author : Richard S. Belous
Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Wage and Employment Effects of Transport Deregulation by : Richard S. Belous

Download or read book Wage and Employment Effects of Transport Deregulation written by Richard S. Belous and published by . This book was released on 1986 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Deregulating the Airlines

Author : Elizabeth E. Bailey
Publisher :
ISBN 13 :
Total Pages : 468 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Deregulating the Airlines by : Elizabeth E. Bailey

Download or read book Deregulating the Airlines written by Elizabeth E. Bailey and published by . This book was released on 1983 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Airline Deregulation and Labor Earnings

Author : Rita M. Hansberry
Publisher :
ISBN 13 :
Total Pages : 110 pages
Book Rating : 4.:/5 (73 download)

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Book Synopsis Airline Deregulation and Labor Earnings by : Rita M. Hansberry

Download or read book Airline Deregulation and Labor Earnings written by Rita M. Hansberry and published by . This book was released on 1996 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Cleared for Takeoff

Author : Jean Trepp McKelvey
Publisher :
ISBN 13 :
Total Pages : 416 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Cleared for Takeoff by : Jean Trepp McKelvey

Download or read book Cleared for Takeoff written by Jean Trepp McKelvey and published by . This book was released on 1988 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Airline Industry and the Impact of Deregulation

Author : George Williams
Publisher : Routledge
ISBN 13 : 1351895125
Total Pages : 180 pages
Book Rating : 4.3/5 (518 download)

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Book Synopsis The Airline Industry and the Impact of Deregulation by : George Williams

Download or read book The Airline Industry and the Impact of Deregulation written by George Williams and published by Routledge. This book was released on 2017-03-02 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the fast-changing theatre of air transportation, the strategic development of airlines and the operating economics of scheduled airline services have been transformed, following the profound impact of US deregulation. The lessons gleaned from the US experience, including effective ways of constraining rivals, have quickly been adopted by carriers facing the opening up to competition of their own local markets. In addition, in response to the hunt by the successful US survivors for further international traffic, carriers have been forced to emulate certain tactics adopted by these megacarriers, virtually irrespective of their own government’s regulatory stance. The economics of the sector, particularly with regard to revenue generation, has resulted in increased market concentration. In the longer term, prospects for competition remain unclear, given the likely existence of only a small number of similarly endowed, globally alligned megacarriers. This book explores the impact of deregulation policies on key areas of the airline industry, analyzes the response of incumbent carriers to economic freedom and examines whether or not it is possible to devise a pro-competitive regulatory strategy for this sector. The author provides the reader with a clear explanation as to: ¢ why airline deregulation policies have produced a number of unanticipated outcomes; ¢ why low-cost new entrants have been unable to survive under deregulation; ¢ why the impact of airline deregulation has differed between the USA and Western Europe. Using this analysis as a basis, he explores the future development of the sector, indicating the likely future trends towards globalization. He also argues that a competitive marketplace is not a guaranteed outcome of full deregulation and suggests an alternative approach. The book is of special interest to those members engaged in the airline industry, regulatory authorities and government departments of transport and industry. It wil

The Impact of Deregulation on the Employment and Wages of Airline Mechanics

Author : David Edward Card
Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis The Impact of Deregulation on the Employment and Wages of Airline Mechanics by : David Edward Card

Download or read book The Impact of Deregulation on the Employment and Wages of Airline Mechanics written by David Edward Card and published by . This book was released on 1986 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper describes the effects of deregulation on negotiated wage rates and employment levels of aircraft mechanics in the scheduled airline industry. Firm-specific data for the incumbent trunk airlines show relatively small changes in real wage rates since deregulation,and only recent increases in interfirm wage differentials. Employment growth rates, on the other hand, have varied widely among the incumbents, and between the incumbent trunks and the local service and new-entrant airlines. The data suggest that deregulation resulted in a transfer of 5000-7000 maintenance jobs from the incumbent trunks to the smaller airlines. This shift in employment reduced mechanics' earnings in the industry by as much as 5 percent.

Regulatory Reform and Labor Markets

Author : James Peoples
Publisher : Springer Science & Business Media
ISBN 13 : 9401148562
Total Pages : 399 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis Regulatory Reform and Labor Markets by : James Peoples

Download or read book Regulatory Reform and Labor Markets written by James Peoples and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regulatory reform represents a major shift in the government's role toward price determination in the transportation and telecommunication industries. The resulting policy emphasizes dependence on market forces to set prices and to encourage efficient production techniques. While extensive research investigates the influence of deregulation on prices, profits and productivity, the effect on labor markets has not received the same scrutiny. Firms in these industries are of major importance to business operations in other industries because they provide the critical services of transporting goods and transmitting information. This may partly explain such extensive research on the product market aspects of regulatory reform. Examining labor markets in the transportation and telecommunications industries is also highly warranted, as historically these industries represented some of the most heavily unionized sectors in the economy. The extent to which regulatory reform has encouraged product market competition may not necessarily result in the same degree of competition across industries. Regulatory Reform and Labor Markets debates the notion that research on regulatory reform and labor markets should develop within the framework of the competitive model. This is achieved by presenting diverging views on wage and employment determination in distinctly different deregulated industries.

Eight Years of U.S. Airline Deregulation

Author : Frank A. Spencer
Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Eight Years of U.S. Airline Deregulation by : Frank A. Spencer

Download or read book Eight Years of U.S. Airline Deregulation written by Frank A. Spencer and published by . This book was released on 1987 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Continues the research of an earlier paper by Spencer and Cassell (1985) that pointed out that although U.S. airline deregulation initially spawned more competition in fares and in number of competitors, the quality of service and the returns to labour decreased. Proves the analysis, the trend towards consolidation would continue, and result in an oligopoly under which prices would stabilize and move upward, and services would become more uniform and labour would recover some wage and benefit concessions that had been made in the early days of deregulation.

Competition and the Airlines

Author : David R. Graham
Publisher :
ISBN 13 :
Total Pages : 290 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Competition and the Airlines by : David R. Graham

Download or read book Competition and the Airlines written by David R. Graham and published by . This book was released on 1982 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Wages, Workrules, and Cost-efficient Firms in the Deregulated Airlines Industry

Author : Lisa Fe Saunders
Publisher :
ISBN 13 :
Total Pages : 258 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Wages, Workrules, and Cost-efficient Firms in the Deregulated Airlines Industry by : Lisa Fe Saunders

Download or read book Wages, Workrules, and Cost-efficient Firms in the Deregulated Airlines Industry written by Lisa Fe Saunders and published by . This book was released on 1987 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Impact of Regulatory Change on Earnings

Author : Pierre-Yves Bruno Cremieux
Publisher :
ISBN 13 :
Total Pages : 332 pages
Book Rating : 4.:/5 (33 download)

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Book Synopsis The Impact of Regulatory Change on Earnings by : Pierre-Yves Bruno Cremieux

Download or read book The Impact of Regulatory Change on Earnings written by Pierre-Yves Bruno Cremieux and published by . This book was released on 1992 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Regulation and Its Reform

Author : Nancy L. Rose
Publisher : University of Chicago Press
ISBN 13 : 022613816X
Total Pages : 619 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Economic Regulation and Its Reform by : Nancy L. Rose

Download or read book Economic Regulation and Its Reform written by Nancy L. Rose and published by University of Chicago Press. This book was released on 2014-08-29 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.