Market size, service quality and competition in the US downhill ski industry
Autor: | James G. Mulligan |
---|---|
Rok vydání: | 2011 |
Předmět: | |
Zdroj: | Applied Economics Letters. 18:1497-1500 |
ISSN: | 1466-4291 1350-4851 |
DOI: | 10.1080/13504851.2010.543072 |
Popis: | Using a two-sector model of congestion, I explain theoretically how lower travel costs and increased consumer income over time resulted in endogenous investment in quality and higher real prices at both national and local ski resorts despite limited market entry. I also provide empirical evidence for the US ski industry in support of the implications of the model. |
Databáze: | OpenAIRE |
Externí odkaz: | |
Nepřihlášeným uživatelům se plný text nezobrazuje | K zobrazení výsledku je třeba se přihlásit. |