"Economics of the U.S. Commercial Airline Industry: Productivity, Technology and Deregulation illustrates the impact of upstream technological change in capital goods (aircraft and aircraft engines) on demand, productivity, and cost reduction in the U.S. airline industry for the years 1970-1992. The aim herein, is to separate supply-side technology push from demand-pull in determining investment in aircraft's in the U.S. airline industry. The focus of inquiry in this study is at the firm level, so the measures are sensitive to company differences such as financial costs, payload, and existing aircraft inventory rather than industry averages."--BOOK JACKET.