Does High-speed Rail Affect Airport Efficiency? Evidence from Italy
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Galli, Fausto
[1
,2
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Lavadera, Giuseppe Lubrano
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Univ Salerno, Dept Econ & Stat, Via Giovanni Paolo II 132, Fisciano, Italy
Univ Salerno, Ctr Econ & Labour Policy Evaluat, Via Giovanni Paolo II 132, Fisciano, ItalyUniv Salerno, Dept Econ & Stat, Via Giovanni Paolo II 132, Fisciano, Italy
Lavadera, Giuseppe Lubrano
[1
,2
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Marra, Marianna
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Univ Sussex, Business Sch, Brighton, E Sussex, EnglandUniv Salerno, Dept Econ & Stat, Via Giovanni Paolo II 132, Fisciano, Italy
Marra, Marianna
[3
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[1] Univ Salerno, Dept Econ & Stat, Via Giovanni Paolo II 132, Fisciano, Italy
[2] Univ Salerno, Ctr Econ & Labour Policy Evaluat, Via Giovanni Paolo II 132, Fisciano, Italy
[3] Univ Sussex, Business Sch, Brighton, E Sussex, England
This paper investigates the impact of the development of the high-speed railway (HSR) infrastructure on the efficiency of the airport system in Italy during the period 2003-14. We employ a two-stage estimation: in stage one we implement DEA to obtain airport technical inefficiency scores, which are regressed in stage two on proxies of distance from the HSR network. Evidence from efficiency analysis indicates the presence of variable returns to scale. Regression results suggest that airport efficiency increases with different measures of proximity to HSR links. Results are robust to the inclusion of low-cost companies and international flights.
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Beijing Jiaotong Univ, Sch Econ & Management, Dept Tourism Management, Beijing 100044, Peoples R ChinaBeijing Jiaotong Univ, Sch Econ & Management, Dept Tourism Management, Beijing 100044, Peoples R China
Yin, Ping
Pagliara, Francesca
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Univ Naples Federico II, Dept Civil Architectural & Environm Engn, I-80125 Naples, ItalyBeijing Jiaotong Univ, Sch Econ & Management, Dept Tourism Management, Beijing 100044, Peoples R China
Pagliara, Francesca
Wilson, Alan
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Alan Turing Inst, Special Projects, London NW1 2DB, England
Nuffield Fdn, Ada Lovelace Inst, London WC1B 3JS, EnglandBeijing Jiaotong Univ, Sch Econ & Management, Dept Tourism Management, Beijing 100044, Peoples R China
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Peking Univ, Sch Govt, Beijing, Peoples R ChinaPeking Univ, Sch Govt, Beijing, Peoples R China
Chen, Fanglin
Chen, Zhongfei
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Jinan Univ, Sch Econ, Guangzhou, Peoples R China
Jinan Univ, Sch Econ, Guangzhou 510632, Peoples R ChinaPeking Univ, Sch Govt, Beijing, Peoples R China