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A $450 million light rapid rail transit (LRRT) system is currently under construction in Buffalo, New York. This project represents a large public investment for a transportation system for which user benefits are not the sole or even a major consideration. Anticipated increases in service...
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In this paper, we explore how an incumbent airline firm structures its route network under the threat of entry caused by deregulation. We show that entry induces the incumbent firm to strategically alter its flight operating network structure from a fully connected network (FC) to a...
Persistent link: https://www.econbiz.de/10005008350
We explore how an incumbent airline firm structures its route network under the threat of entry caused by deregulation. We show that entry induces the incumbent firm to strategically alter its flight operating network from a fully connected network (FC) to a hub-and-spoke network (HS). While...
Persistent link: https://www.econbiz.de/10005749412
Numerous studies have found positive correlation between transportation infrastructure investment and economic development. Basically these studies use a conventional production function model augmented by a public capital input, mainly highways, rail and other transportation facilities. While...
Persistent link: https://www.econbiz.de/10005722792
NY region is expected to grow by additional 1 million people by 2020, which translates into roughly 70 million more tons of goods to be delivered annually. Due to lack of rail capacity, mainly trucks will haul this volume of freight, challenging an already much constrained highway network. What...
Persistent link: https://www.econbiz.de/10008483098
The impact of highway investments on economic development is investigated. Spatial and temporal aspects of transportation investments are studied by analyzing lagged and spillover effects, and the contribution of past output levels to the current output using a dynamic model. County level data...
Persistent link: https://www.econbiz.de/10005220987
This paper develops, evaluates and ultimately aids in the choosing of an optimal, single allocation, hub-and-spoke network for an airline working in a deregulated market. An integer linear program evaluates potential hub network combinations, whose profits are then determined using a non-linear...
Persistent link: https://www.econbiz.de/10005236042