1998 | 2005 | 2012 | ||||
Mean | Std. Dev. | Mean | Std. Dev. | Mean | Std. Dev. | |
Markup | ||||||
All products | 149.289 | 65.839 | 168.326 | 32.141 | 212.265 | 36.953 |
Legacy carriers products | 166.038 | 68.619 | 173.860 | 36.301 | 225.704 | 41.293 |
LCCs products | 106.201 | 57.072 | 155.297 | 31.115 | 192.142 | 35.730 |
Marginal cost | ||||||
All products | 69.586 | 17.794 | 21.443 | 6.352 | 27.355 | 13.281 |
Legacy carriers products | 71.591 | 21.364 | 21.816 | 7.435 | 30.986 | 19.059 |
LCCs products | 63.066 | 11.952 | 19.263 | 4.752 | 20.366 | 4.422 |
Number of markets | 274 | 411 | 398 |