Spatial distribution characteristic of Chinese airports: A spatial cost function approach |
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| Institution: | 1. School of Economics, China Center for Economic Development and Innovation Strategy Research, Jinan University, Guangzhou, Guangdong 510632, China;2. Instituto Superior de Economia e Gestão, University of Lisbon, Rua Miguel Lupi, 20, 1249-078 Lisbon, Portugal;3. Institute of Resource, Environment and Sustainable Development, Jinan University, Guangzhou, Guangdong 510632, China;1. The University of Melbourne, Australia;2. Shippensburg University, United States;1. Universidade da Beira Interior, Aerospace Science Department (DCA-UBI), Rua Marquês d’Ávila e Bolama, 6201- 001 Covilhã, Portugal;2. CERIS, CESUR, Instituto Superior Técnico, Universidade de Lisboa, Av. Rovisco Pais 1, 1049-001 Lisboa, Portugal;1. Department of Economics, University of Cantabria, Avd/ Los Castros s/n. C.P., 39005 Santander, Spain;2. UNED, Madrid, Spain;3. Department of Transportation, University of Cantabria, Avd/ Los Castros s/n. C.P., 39005 Santander, Spain;1. Department of Civil and Materials Engineering, University of Illinois at Chicago, Chicago, USA;2. Asia Pacific School of Logistics, Inha University, Incheon, South Korea |
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| Abstract: | This paper uses spatial econometric models to analyze the spatial distribution of Chinese airports from 2002 to 2012, taking into consideration the factors that explain the distribution of airports around the country. A cost function allowing for latitude and longitude is estimated based on spatial location, which leads us to advise the implementation of policies that take into account the spatial distribution of the airports. Results show that the development of airports in China needs to consider the spatial relationship among the many different regions of China. To improve the cost efficiency, airports should be located in more economically developed areas. Meanwhile, it also helps to reduce the cost when listing on the stock market. |
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| Keywords: | Airports China Airports Spatial distribution Cost efficiency |
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