A stochastic frontier analysis to estimate the relative efficiency of Spanish airports

被引:52
|
作者
Martin, Juan Carlos [1 ]
Roman, Concepcion [1 ]
Voltes-Dorta, Augusto [1 ]
机构
[1] Univ Las Palmas Gran Canaria, Las Palmas Gran Canaria 35017, Spain
关键词
Airport efficiency; Stochastic frontier; Bayesian inference; Markov chain Monte Carlo; DATA ENVELOPMENT ANALYSIS; ALLOCATIVE INEFFICIENCY; TECHNICAL EFFICIENCY; COST FUNCTION; BENCHMARKING; DEA; PRODUCTIVITY; PERFORMANCE; MODELS; ERROR;
D O I
10.1007/s11123-008-0126-2
中图分类号
F [经济];
学科分类号
02 ;
摘要
There exists a common belief among researchers and regional policy makers that the actual central system of Aeropuertos EspaA +/- oles y NavegaciA(3)n A,rea (AENA) should be changed to one more decentralized where airport managers could have more autonomy. The main objective of this article is to evaluate the efficiency of the Spanish airports using Markov chain Monte Carlo (MCMC) simulation to estimate a stochastic frontier analysis (SFA) model. Our results show the existence of a significant level of inefficiency in airport operations. Additionally, we provide efficient marginal cost estimates for each airport which also cast some doubts about the current pricing practices.
引用
收藏
页码:163 / 176
页数:14
相关论文
共 50 条
  • [1] A stochastic frontier analysis to estimate the relative efficiency of Spanish airports
    Juan Carlos Martín
    Concepción Román
    Augusto Voltes-Dorta
    [J]. Journal of Productivity Analysis, 2009, 31 : 163 - 176
  • [2] AN EFFICIENCY ANALYSIS OF SPANISH AIRPORTS
    Nerja, Adrian
    [J]. INTERNATIONAL JOURNAL OF TRANSPORT ECONOMICS, 2021, 48 (01) : 13 - 38
  • [3] Estimating the Relative Efficiency of Secondary Schools by Stochastic Frontier Analysis
    Scippacercola, Sergio
    D'Ambra, Luigi
    [J]. INNOVATION AND SOCIETY - STATISTICAL METHODS FOR THE EVALUATION OF SERVICES, 2014, 17 : 79 - 88
  • [4] A Stochastic Frontier Analysis to Estimate the Equity Financing Efficiency for Listed Tourism Companies
    Xiao Lei
    Li Li
    Xiao Jiawen
    [J]. PROCEEDINGS OF THE 8TH EURO-ASIA CONFERENCE ON ENVIRONMENT AND CSR: TOURISM, MICE, HOSPITALITY MANAGEMENT AND EDUCATION SESSION, PT III, 2012, : 245 - +
  • [5] Efficiency Analysis and Target Setting of Spanish Airports
    Lozano, Sebastian
    Gutierrez, Ester
    [J]. NETWORKS & SPATIAL ECONOMICS, 2011, 11 (01): : 139 - 157
  • [6] Efficiency Analysis and Target Setting of Spanish Airports
    Sebastián Lozano
    Ester Gutiérrez
    [J]. Networks and Spatial Economics, 2011, 11 : 139 - 157
  • [7] A comparative efficiency analysis of Spanish and Turkish airports
    Uelkue, Tolga
    [J]. JOURNAL OF AIR TRANSPORT MANAGEMENT, 2015, 46 : 56 - 68
  • [8] An approximation to the productive efficiency of the Spanish airports network through a deterministic cost frontier
    Martín-Cejas, RR
    [J]. JOURNAL OF AIR TRANSPORT MANAGEMENT, 2002, 8 (04) : 233 - 238
  • [9] Ownership forms matter for airport efficiency: A stochastic frontier investigation of worldwide airports
    Oum, Tae H.
    Yan, Jia
    Yu, Chunyan
    [J]. JOURNAL OF URBAN ECONOMICS, 2008, 64 (02) : 422 - 435
  • [10] The Measurement of Efficiency of UK Airports, Using a Stochastic Latent Class Frontier Model
    Barros, Carlos Pestana
    [J]. TRANSPORT REVIEWS, 2009, 29 (04) : 479 - 498