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Estimating the effects of entry regulation in the Istanbul taxicab market

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dc.contributor.authorCetin, Tamer
dc.contributor.authorEryigit, Kadir Yasin
dc.date.accessioned2026-06-27T13:14:57Z
dc.date.issued2011
dc.description.abstractThe 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. (C) 2011 Elsevier Ltd. All rights reserved.en
dc.description.urihttps://doi.org/10.1016/j.tra.2011.03.002
dc.identifier.doi10.1016/j.tra.2011.03.002
dc.identifier.endpage484
dc.identifier.issn0965-8564
dc.identifier.issue6
dc.identifier.startpage476
dc.identifier.urihttps://hdl.handle.net/20.500.14981/51022
dc.identifier.volume45
dc.identifier.wos000291375800002
dc.language.isoeng
dc.publisherPERGAMON-ELSEVIER SCIENCE LTD
dc.relation.ispartofTRANSPORTATION RESEARCH PART A-POLICY AND PRACTICE
dc.subjectEconomic regulation
dc.subjectTaxicab markets
dc.subjectCointegration
dc.subjectStructural breaks
dc.subjectECONOMIC REASONS
dc.subjectUNIT-ROOT
dc.subjectDEREGULATION
dc.subjectPRICE
dc.subjectCOMPETITION
dc.subjectBusiness & Economics
dc.subjectTransportation
dc.titleEstimating the effects of entry regulation in the Istanbul taxicab market
dc.typeArticle
dspace.entity.typePublication
local.import.sourceWOS

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