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| Topic: |
Technology
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| Number of pages / Number of words: |
8 / 2029 |
Essay's paper body
We also predict that the introduction of the Airbus A-380 will substitute most strongly for existing Airbus aircraft rather than the Boeing 747, although the negative impact on demand for the 747 is not negligible. The extent of this substitution depends critically on the price discounts that Airbus offers on the A-380...
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The extent of this substitution depends critically on the price discounts that Airbus offers on the A-380.
Nevertheless, many questions remain unanswered. Most importantly, without more detailed information on production cost, we also cannot address the issues of strategic trade policy that are more dynamic in nature such as the role of government subsidies to promote the aircraft market entry...
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