Low-cost carriers in Asia: Deregulation, regional liberalization and secondary airports

While the demand for low-cost air transportation is potentially huge in Asia, development of low-cost carriers (LCCs) lags behind the region's overall aviation development, and certainly lags behind the LCC development in North America and Europe. It has been noted that market conditions and the regulatory environment of Asia are different from those of North America and Europe. What are the main differences here; and how do these differences impact market entry and success of Asian LCCs? This paper describes salient features of Asian LCCs and their developments. It examines the impact of Asia's domestic and international airline regulations and airport infrastructure on the performance of its LCCs. We find that the “Southwest effect” may also exist in Asia and that the development of low-cost terminals may compensate, at least partly, the scarcity of secondary airports in the region. The experiences of Thailand and China are investigated as case studies.     

Development of ocean carriers' behaviour model focusing on their 'cost and tariff' based on the spatial general equilibrium

Spatial computable general equilibrium (SCGE) theory has been applied to an international trade model to evaluate tariff and fiscal policies of a country. Those models can not be applied for the evaluation of transport policies such as port development and tax/subsidy policy against transportation sectors, since they do not deal with ocean freight and ocean carriers explicitly in the model. Ocean freight often varies with the changes of competitive conditions and/or demand/ supply balances in the short run, while it should reflect the actual expenditure of the carriers in the long run. The model proposed here considers the profit maximization behaviour of ocean carriers, and deals with ocean freight explicitly. The model is applied to four major economic regions; Japan, USA, EU and Asia. A multi-level function composed of the Cobb-Douglas function is adopted to produce reliable parameters of the production function for many industries.     

Development of ocean carriers' behaviour model focusing on their 'cost and tariff' based on the spatial general equilibrium

Spatial computable general equilibrium (SCGE) theory has been applied to an international trade model to evaluate tariff and fiscal policies of a country. Those models can not be applied for the evaluation of transport policies such as port development and tax/subsidy policy against transportation sectors, since they do not deal with ocean freight and ocean carriers explicitly in the model. Ocean freight often varies with the changes of competitive conditions and/or demand/ supply balances in the short run, while it should reflect the actual expenditure of the carriers in the long run. The model proposed here considers the profit maximization behaviour of ocean carriers, and deals with ocean freight explicitly. The model is applied to four major economic regions; Japan, USA, EU and Asia. A multi-level function composed of the Cobb-Douglas function is adopted to produce reliable parameters of the production function for many industries.     

Fatigue strength improvement for ship structures by Ultrasonic Peening

Ultrasonic Peening has attracted recent attention as a fatigue strength improvement method. The main features of Ultrasonic Peening are generation of compressive residual stress and smoothing of weld toe radius. However, for ship structures, various loads act on the hull structure over a ship??s life, including the construction period, and the compressive stress field of structural members generated by Ultrasonic Peening may change. In order to verify the technique's benefits to ship structures, the influence of load history on the improvement effects on fatigue strength by Ultrasonic Peening needs to be clarified. In this paper, the improvement effects on fatigue strength by Ultrasonic Peening for welding joints were confirmed by experiments with several joint type specimens. In addition, fatigue tests modeling launching, when the stress conditions of a ship's structure changes significantly, were carried out in order to clarify the influence of load history in a ship??s life. Consequently, some cases that have the possibility of decreasing or increasing the improvement effects on fatigue strength by Ultrasonic Peening were clarified, and some efficient methods of Ultrasonic Peening for ship structures were suggested.