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Table 6 Determinants of variations in the dynamic pricing intensity ∆β

From: The Low-cost fare response to new entry

∆β

Coefficient

P value

β t-7

−0.714040***

0.000

D_no competitor

−0.00947***

0.007

t

0.000169

0.766

D_H Dep closer

0.001429

0.801

H Dep closeness

0.007598

0.296

U2 seats t-7

0.000011

0.185

∆ seats LCCs Comp

−0.000007

0.617

∆ seats FCSs

−0.000039**

0.010

D_hub

0.012822***

0.001

const

0.014061***

0.006

R-squared within 0.51

between 0.36

overall 0.42