Effect of concentration in airline market on Spanish airport technical efficiency
Autor: | Soraya Hidalgo-Gallego, Ingrid Mateo-Mantecón |
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Rok vydání: | 2019 |
Předmět: |
050210 logistics & transportation
Government Measure (data warehouse) Short run 020209 energy Strategy and Management 05 social sciences ComputerApplications_COMPUTERSINOTHERSYSTEMS Transportation 02 engineering and technology Management Monitoring Policy and Law Market concentration Stochastic frontier analysis 0502 economics and business 0202 electrical engineering electronic engineering information engineering Economics Market power Law Industrial organization |
Zdroj: | Journal of Air Transport Management. 76:56-66 |
ISSN: | 0969-6997 |
Popis: | This paper tries to measure the effect of airline market concentration on airport technical efficiency. With this aim, a Stochastic Frontier Analysis (SFA) is applied, estimating with a one-step procedure technical efficiency and the effect of airlines' market power on that efficiency. Results suggest that when airports are lowly concentrated increasing concentration reduces such inefficiencies. However, this effect practically disappears when airports are highly concentrated. Additionally, the government's policies to improve airports' performance seems to have a positive effect in the short run. |
Databáze: | OpenAIRE |
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