Yayın: Estimating the effects of entry regulation in the Istanbul taxicab market
Tarih
Kurum Yazarları
Eryiğit, Kadir Yasin
Yazarlar
Çetin, Tamer
Danışman
Dil
Türü
Yayıncı:
Pergamon-Elsevier Science
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Özet
The economic literature shows that entry regulation in taxicab markets brings about a dramatic increase in medallion prices or license values of taxicabs. However, there is no study estimating what the effect of regulation is exactly on real medallion prices. We develop a model to estimate the effect of entry restrictions in the Istanbul taxicab market over real medallion prices and inflation. Our findings contribute that entry regulation in taxicab markets increases medallion prices. Moreover, we find that entry regulation in Istanbul pressures inflation rates as well.
Açıklama
Kaynak:
Anahtar Kelimeler:
Konusu
Business & economics, Transportation, Economic regulation, Taxicab markets, Cointegration, Structural breaks, Economic reason, Unit-root, Deregulation, Price, Competition, Istanbul [Turkey], Turkey, Commerce, Costs, Cointegration, Economic regulations, Inflation rates, Istanbul, Structural break, Cointegration analysis, Inflation, Market conditions, Numerical model, Price dynamics, Taxi transport, Taxicabs
Alıntı
Çetin, T. ve Eryiğit, K. Y. (2011). "Estimating the effects of entry regulation in the Istanbul taxicab market". Transportation Research Part A-Policy and Practice, 45(6), 476-484.