Browsing by author "Yan, Jia"
Airline Horizontal Mergers and Productivity: Empirical Evidence from a Natural Experiment in China Yan, Jia; Fu, Xiaowen; Oum, Tae Hoon; Wang, KunPublished 2017-05-01The identification of possible efficiency gains is a core issue in the analysis of mergers. However, empirical studies are generally subject to bias caused by merger endogeneity. In the early 2000s, the Chinese government ...Open AccessWorking Paper
Xiao, Yibin; Fu, Xiaowen; Oum, Tae H.; Yan, JiaPublished 2016-02-01This study analyzes optimal choice of the airport capacity to invest immediately (the prior capacity) and the size of real option to acquire for possible future expansion. Facing demand uncertainty, an airport first chooses ...Open AccessWorking Paper