首页 | 本学科首页   官方微博 | 高级检索  
     检索      


New evidence on the efficiency of Italian airports: A bootstrapped DEA analysis
Authors:Claudia Curi [Author Vitae]  Simone Gitto [Author Vitae]
Institution:a Faculty of Law, Economics and Finance, University of Luxembourg, Luxembourg
b Facoltà di Ingegneria, Dipartimento di Ingegneria dell’Impresa, Università di Roma “Tor Vergata”, Via del Politecnico, 1, 00133 Roma, Italy
Abstract:A bootstrapped DEA procedure is used to estimate technical efficiency of 18 Italian airports during the period 2000-2004. Departing from previous studies, we separate the efficiency related to ability to manage airside activities (operational) from that related to the management of all business activities (financial). In general, Italian airports operate at poor levels of efficiency, with slightly better performance in terms of their financial activities. In the current study, selected intrinsic and environmental characteristics are considered as possible drivers of Italian airport performance. In particular, we found that: (i) the airport dimension does not allows for operational efficiency advantages, (ii) on the other hand, the airport dimension allows for financial efficiency advantages for the case of hubs and disadvantages for the case of the smallest airports (iii) the type(s) of concession agreement(s) might be considered as important source of technical efficiency differentials for those airports running marginal commercial activities; (iv) the introduction of a dual-till price cap regulation might create incentives which lead to the increase of financial efficiency at the detriment of the operational performance. Lastly, the development of a second hub (Milano Malpensa), has negatively affected the performance of the country’s national hub (Roma Fiumicino).
Keywords:Airport efficiency  Bootstrapping DEA  Returns to scale  Italian airports
本文献已被 ScienceDirect 等数据库收录!
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号