Working Paper

TFP growth, change in efficiency, and technological progress in the U. S. airline industry: 1970 to 1981


Abstract: An overview of the airline industry's early adaptations to deregulation using a best-practice cost function approach; measures cost efficiency and changes in total factor productivity growth for airlines in the 1970s and early 1980s and discusses how these findings relate to individual airline performance.

Keywords: Airlines; Airline Deregulation Act of 1978;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Working Papers (Old Series)

Publication Date: 1988

Number: 8804