Please use this identifier to cite or link to this item: http://hdl.handle.net/11452/23267
Title: Estimating the effects of entry regulation in the Istanbul taxicab market
Authors: Çetin, Tamer
Uludağ Üniversitesi/İktisat Fakültesi/Ekonometri Bölümü.
Eryiğit, Kadir Yasin
AAH-1618-2021
35766379800
Keywords: 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
Issue Date: Jul-2011
Publisher: Pergamon-Elsevier Science
Citation: 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.
Abstract: 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.
URI: https://doi.org/10.1016/j.tra.2011.03.002
https://www.sciencedirect.com/science/article/pii/S0965856411000486
http://hdl.handle.net/11452/23267
ISSN: 0965-8564
Appears in Collections:Scopus
Web of Science

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