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Working Paper

TFP Growth, Change in Efficiency, and Technological Progress in the U.S. Airline Industry: 1970 to 1981

An overview of the airline industry’s early adaptations to deregulation using a best-practice cost function approach; measures cost efficiency and changes in total factor productivity growth for airlines in the 1970s and early 1980s and discusses how these findings relate to individual airline performance.

Suggested Citation

Bauer, Paul. 1988. “TFP Growth, Change in Efficiency, and Technological Progress in the U.S. Airline Industry: 1970 to 1981.” Federal Reserve Bank of Cleveland, Working Paper No. 88-04.