Air Transport Liberalization
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Air Transport Liberalization

A Critical Assessment

Edited by Matthias Finger and Kenneth Button

This groundbreaking book offers a critical and wide-ranging assessment of the global air transport liberalization process over the past 40 years. This compilation of world experts on air transport economics, policy, and regulation is timely and significant, considering that air transport is currently facing a series of new challenges due to technological changes, the emergence of new markets, and increased security concerns.
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Chapter 16: Economic perspectives on aviation security

David Gillen and William G. Morrison

Abstract

This chapter investigates economic aspects of aviation security, which we argue defines a fundamental economic problem, that of resource allocation. We review the recent history of attacks on civil aviation and the institutions that comprise global governance of aviation security. We outline economic approaches to defining and measuring output, cost efficiency and productivity and we compare the costs and the financing of aviation security across international jurisdictions. We consider the economic arguments underlying the question of who should pay for aviation security and we discuss the necessity for significant changes to the future implementation of aviation security in the decades to come.

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