Some European governments subsidize their residents when they travel at sea. This paper seeks to analyze the impact on prices of maritime passengers’ subsidies in Europe. Following a review of the scarce academic literature on this topic and the subsidy scheme in Europe, a sample of firms’ prices and other characteristics of 40 European routes for 2016 are analyzed. Both an estimation of a price equation and a matching approach are applied and reach the same conclusion: prices per kilometer are around 40 per cent higher on those subsidized routes due to subsidies. This outcome reduces the potential subsidy gain to consumers.


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    Titel :

    Do maritime passengers’ subsidies in Europe affect prices?


    Beteiligte:
    Jiménez, Juan Luis (Autor:in) / Valido, Jorge (Autor:in) / Morán, Naykel (Autor:in)

    Erschienen in:

    Erscheinungsdatum :

    03.10.2018


    Format / Umfang :

    13 pages




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch








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