Accounting for size in efficiency comparisons of airports

Accounting for size in efficiency comparisons of airports

Journal: Air Transport Management

Author: A. Assaf

Published: 2009

Abstract

This paper adopts the metafrontier model to analyze and compare the technical efficiency of small and large UK airports. The interesting feature of the model is that it takes into account the technological differences in the estimation of efficiency, and thus increases the accuracy in the efficiency comparison between heterogeneous airports. Results show that large airports are generally more technically efficient and have less operational wastage than small airports. Along with size, factors such as location, technological access, and capital investments could contribute to the efficiency difference between small and large airports.

Keywords: Large airports, Small airports, Metafrontier, Economic efficiency

 براي دريافت نسخه کامل مقاله فوق، فرم زير را تکميل نماييد: