Productivity growth and biased technological change in Japanese airports |
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Authors: | Carlos Pestana Barros Shunsuke Managi Yuichiro Yoshida |
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Affiliation: | 1. Instituto de Economia e Gestão, Technical University of Lisbon, Rua Miguel Lupi 20, 1249-078 Lisbon, Portugal;2. Graduate School of Environmental Studies, Tohoku University, 6-6-20 Aramaki-Aza Aoba, Aoba-Ku, Sendai, 980-8579, Japan;3. Institute for Global Environmental Strategies, Japan;4. National Graduate Institute for Policy Studies, 7-22-6 Roppongi, Minato-ku, Tokyo 106-8677, Japan |
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Abstract: | In this paper, the productivities of Japanese airports over the period of 1987–2005 are analyzed using the Malmquist index, and technological bias is investigated. During this period, airports on average became less efficient and experienced technological regress. Our results indicate that the traditional growth accounting method, which assumes Hicks neutral technological change, is not appropriate for analyzing changes in productivity for Japanese airports. |
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