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Merger between Airlines in Financial Distress
16 references·1 citing·40 second hop
Merger between Airlines in Financial Distress (2015)Merger between Airlines in Financial Dist…Should I Use Fixed or Random Effects? (2014)Should I Use Fixed or Random …Mergers and acquisitions in aviation – Management and economic perspectives on the size of airlines (2012)Mergers and acquisitions in a…Airline competition and domestic US airfares: A comprehensive reappraisal (2012)Airline competition and domes…THE PRICE EFFECT OF ELIMINATING POTENTIAL COMPETITION: EVIDENCE FROM AN AIRLINE MERGER * (2010)THE PRICE EFFECT OF ELIMINATI…The Effect of Mergers on Consumer Prices: Evidence from Five Mergers on the Enforcement Margin (2010)The Effect of Mergers on Cons…Evaluating the Performance of Merger Simulation: Evidence from the U.S. Airline Industry (2006)Evaluating the Performance of…Unit root tests for panel data (2001)Unit root tests for panel dataActual, Adjacent, and Potential Competition Estimating the Full Effect of Southwest Airlines (2001)Actual, Adjacent, and Potenti…The effects of airline alliances on markets and economic welfare (1997)The effects of airline allian…The evolution of the airline industry (1996)The evolution of the airline …MERGERS AND MARKET POWER -- EVIDENCE FROM THE AIRLINE INDUSTRY. (1993)MERGERS AND MARKET POWER -- E…Localized Market Power in the U.S. Airline Industry (1993)Localized Market Power in the…Dynamic oligopoly behaviour in the airline industry (1993)Dynamic oligopoly behaviour i…The effects of mergers on price and output: Two case studies from the airline industry (1991)The effects of mergers on pri…Market Conduct in the Airline Industry: An Empirical Investigation (1990)Market Conduct in the Airline…AIRLINE MERGERS, AIRPORT DOMINANCE, AND MARKET POWER (1990)AIRLINE MERGERS, AIRPORT DOMI…Airline Deregulation, Market Competition, and Impact of High-speed Rail on Airlines in China (2018)Airline Deregulation, Market …Hubs and High Fares: Dominance and Market Power in the U.S. Airline Industry (1989)Do Substantial Horizontal Mergers Generate Significant Price Effects? Evidence From The Banking Industry (1998)Sources and Financial Consequences of Radical Innovation: Insights from Pharmaceuticals (2003)The market for corporate control (1983)Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms (1988)Takeovers: Their Causes and Consequences (1988)Wealth creation versus wealth redistributions in pure stock-for-stock mergers1We are grateful to Tom Arnold, Sanjai Bhagat, James Bicksler, David Blackwell, Ekkehart Boehmer, Ted Bos, Robert Brokaw, Bill Carleton, Bob Comment, Chris Cornwell, Mary Dehner, Bob Eisenbeis, Jimmy Hilliard, Randy Howard, Steve Jones, Ed Kane, Josef Lakonishok, Larry Lang, Bill Lewellen, Marc Lipson, Paul Malatesta, Jeff Netter, Cathy Niden, Volker Pollmann, Annette Poulsen, Jay Ritter, Richard Ruback, Louis Scott, Joe Sinkey, Bill Schwert (the editor), Ralph Walkling (the referee), Ron Warren, J. Fred Weston, Karen Wruck, and seminar participants at the University of Arizona, the University of Delaware, the University of Illinois, the University of Georgia, the University of Miami, Seattle University, the 1995 European Finance Association, the 1996 Financial Management Association, and the 1996 American Finance Association meetings for their helpful comments and recommendations. We also gratefully acknowledge the financial support provided for this project by the University of Georgia Research Foundation. Finally, Steve Henry, Rick McKinney, David Quillian, and Ryan Vaughn provided vital assistance with data collection and assisted with data input.1 (1998)Acquisition vs. internal development as modes of market entry (2009)Distribution of the Estimators for Autoregressive Time Series with a Unit Root (1979)Unit root tests in panel data: asymptotic and finite-sample properties (2002)Testing for unit roots in heterogeneous panels (2003)A simple panel unit root test in the presence of cross‐section dependence (2007)Introductory Econometrics for Finance (2008)Contestable Markets and the Theory of Industry Structure (1982)Economies of Density versus Economies of Scale: Why Trunk and Local Service Airline Costs Differ (1984)Collusive Conduct in Duopolies: Multimarket Contact and Cross-Ownership in the Mobile Telephone Industry (1997)Conduct parameters and the measurement of market power (1999)Fare Determination in Airline Hub-and-Spoke Networks (1992)An Empirical Investigation of the Competitive Effects of Domestic Airline Alliances (2001)International Airfares in the Age of Alliances: The Effects of Codesharing and Antitrust Immunity (2003)Revenue Sharing in Airline Alliances (2012)From Entry Barriers to Mobility Barriers: Conjectural Decisions and Contrived Deterrence to New Competition* (1977)Free-Agency and the Competitiveness of Major League Baseball (1999)Specification Tests in Econometrics (1978)What To Do (and Not to Do) with Time-Series Cross-Section Data (1995)Econometric Analysis of Cross Section and Panel Data (2001)The manipulation of basel risk-weights (2014)Can the International Criminal Court Deter Atrocity? (2016)The impact of board composition on the level of ESG disclosures in GCC countries (2019)Estimating Discrete-Choice Models of Product Differentiation (1994)Automobile Prices in Market Equilibrium (1995)Mergers with Differentiated Products: The Case of the Ready-to-Eat Cereal Industry (2000)The Case for Antitrust Enforcement (2003)Spatial Differentiation and Vertical Mergers in Retail Markets for Gasoline (2012)Does multimarket contact facilitate tacit collusion? Inference on conduct parameters in the airline industry (2014)U.S. Industry Adjustment to Economic Deregulation (1998)An application of DEA to measure the efficiency of Spanish airports prior to privatization (2001)Evaluation of deregulated airline networks using data envelopment analysis combined with principal component analysis with an application to Western Europe (2001)Assessing the impact of the September 11 terrorist attacks on U.S. airline demand (2004)Air Transport Liberalization and Its Impacts on Airline Competition and Air Passenger Traffic (2010)
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References

  • 2001Unit root tests for panel data4,109 cited
  • 2014Should I Use Fixed or Random Effects?765 cited
  • 1993MERGERS AND MARKET POWER -- EVIDENCE FROM THE AIRLINE INDUSTRY.630 cited
  • 1990Market Conduct in the Airline Industry: An Empirical Investigation409 cited
  • 1990AIRLINE MERGERS, AIRPORT DOMINANCE, AND MARKET POWER343 cited
  • 2001Actual, Adjacent, and Potential Competition Estimating the Full Effect of Southwest Airlines324 cited
  • 2006Evaluating the Performance of Merger Simulation: Evidence from the U.S. Airline Industry299 cited
  • 1996The evolution of the airline industry260 cited
  • 1993Localized Market Power in the U.S. Airline Industry249 cited
  • 1997The effects of airline alliances on markets and economic welfare200 cited
  • 2012Airline competition and domestic US airfares: A comprehensive reappraisal191 cited
  • 1993Dynamic oligopoly behaviour in the airline industry172 cited
  • 1991The effects of mergers on price and output: Two case studies from the airline industry148 cited
  • 2010The Effect of Mergers on Consumer Prices: Evidence from Five Mergers on the Enforcement Margin147 cited
  • 2010THE PRICE EFFECT OF ELIMINATING POTENTIAL COMPETITION: EVIDENCE FROM AN AIRLINE MERGER *

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132 cited
  • 2012Mergers and acquisitions in aviation – Management and economic perspectives on the size of airlines119 cited
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    • 2018Airline Deregulation, Market Competition, and Impact of High-speed Rail on Airlines in China16 cited