The market structure and performance of the Australian domestic air transport industry are largely determined by the Government's Two Airline Policy. Under this regulatory framework the Government has control over most factors affecting the provision of air services. This regulation and its resultant industry performance are subjected to economic analysis, where it is concluded that massive welfare costs are imposed on the Australian community.
Bailey, E.E., 1978, “Reform from Within: Civil Aeronautics Board in 1977-78”, Paper presented at Public Utility Regulation and Performance Seminar, Rutgers University, Newark, New Jersey, June 9.
2.
Bureau of Transport Economics, 1978, “Australian Domestic Air Transport - Some Economic Issues”, Occasional Paper No. 15. (Australian Government Publishing Service, Canberra).
3.
Demsetz, H., 1968, “Why Regulate Utilities?”Journal of Law and Economics, 11, 55–65.
4.
Department of Transport, 1978, “Domestic Air Transport Policy Review”, News Release, 21/7/78.
5.
Department of Transport, 1979, Domestic Air Transport Policy Review, Volume 1 (Australian Government Publishing Service, Canberra).
6.
Douglas, G.W. and J.C. Miller, 1974a, “Economic Regulation of Domestic Air Transport: Theory and Practice”, (Brookings Institution, Washington).
7.
Douglas, G.W. and J.C. Miller, 1974b, “Quality Competition, Industry Equilibrium and Efficiency in the Price Constrained Airline Market”, American Economic Review, 64, 657–69.
8.
Findlay, C.C., 1978, “The Cost of Australian Regulation of International Air Travel”, Australian Journal of Management, 3, 163–74.
9.
Forsyth, P.J. and R.D. Hocking, 1978, “Economic Efficiency and the Regulation of Australian Air Transport”, Paper presented at Seventh Conference of Economists, Sydney, August 28 - September 1.
10.
Freeland, C.W., 1977, “The Regulatory and Policy Functions of the Air Transport Policy Division of the Department of Transport and the Current Review of Domestic Air Transport Policy”, Address to Ballarat College of Advanced Education, Ballarat NSW, 29 September.
11.
Gannon, C.A., 1979, “Pricing of Domestic Airline Services. Selected Aspects of Fares on Australia's Competitive Routes”, Appendix A10.1 in Department of Transport, Domestic Air Transport Policy Review, Volume 2 (Australian Government Publishing Service, Canberra).
12.
Goodrich, R.K., 1960, “The Economic Structure of Interstate Air Transport in Australia (1921-1958)”, Master of Commerce Thesis, University of Melbourne.
13.
Hartley, W.D., 1974, “The Friendly Skies; Tweedledum and Tweedledee Airlines Divide Australian Market and Money”, Wall Street Journal, 19 June 1974, 36–37.
14.
Hocking, R.D., 1972, “Some Economic Aspects of Australia's Two Airline Policy”, CEDA M. Series No. 35 (Council for the Economic Development of Australia, Melbourne).
15.
Mackay, K.R., 1979, “A Comparison of the Relative Efficiency of the Australian Domestic Airlines and Foreign Airlines”, Appendix A6.1 in Department of Transport, Domestic Air Transport Policy Review, Volume 2 (Australian Government Publishing Service, Canberra).
16.
Posner, R.A., 1971, “Taxation by Regulation”, Bell Journal of Economics and Management Science, 2, 22–50.
17.
Posner, R.A., 1974, “Theories of Economic Regulation”, Bell Journal of Economics, 5, 335–58.
18.
Posner, R.A., 1975, “The Social Costs of Monopoly and Regulation”, Journal of Political Economy, 83, 807–27.
19.
Swan, P.L., 1977, “Guaranteed Market Share Arrangements in Passenger Motor Vehicles”, Australian Journal of Management, 2, 149–60.
