Can international comparisons of air fares be made? / Peter J. Forsyth.

Abstract

International comparisons of air fares are often made. A fare on a route in one country is compared to the fare on a route in another country, with the fares in different countries being reduced to common terms with the use of the current exchange rate. Varying degrees of care may be exercised in selecting the routes for comparison, but typically strong inferences will be drawn from the results. It may be claimed that air fares in a country are "too high" or ".low", and it may be further asserted that airlines of that country are efficient or inefficient. Show more