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An airline-based multilevel analysis of airfare elasticity for passenger demand
| Content Provider | NASA Technical Reports Server (NTRS) |
|---|---|
| Author | Pesenti, Raffaele Castelli, Lorenzo Ukovich, Walter |
| Copyright Year | 2003 |
| Description | Price elasticity of passenger demand for a specific airline is estimated. The main drivers affecting passenger demand for air transportation are identified. First, an Ordinary Least Squares regression analysis is performed. Then, a multilevel analysis-based methodology to investigate the pattern of variation of price elasticity of demand among the various routes of the airline under study is proposed. The experienced daily passenger demands on each fare-class are grouped for each considered route. 9 routes were studied for the months of February and May in years from 1999 to 2002, and two fare-classes were defined (business and economy). The analysis has revealed that the airfare elasticity of passenger demand significantly varies among the different routes of the airline. |
| File Size | 1020456 |
| Page Count | 19 |
| File Format | |
| Alternate Webpage(s) | http://archive.org/details/NASA_NTRS_Archive_20050147587 |
| Archival Resource Key | ark:/13960/t93829t3n |
| Language | English |
| Publisher Date | 2003-07-01 |
| Access Restriction | Open |
| Subject Keyword | Air Transportation And Safety Airline Operations Passengers Estimating Commerce Air Transportation Routes Elastic Properties Regression Analysis Ntrs Nasa Technical Reports Server (ntrs) Nasa Technical Reports Server Aerodynamics Aircraft Aerospace Engineering Aerospace Aeronautic Space Science |
| Content Type | Text |
| Resource Type | Article |
