Ownership structure and the technical, cost, and revenue efficiency of Italian airports
| Autor: | Corrado lo Storto |
|---|---|
| Přispěvatelé: | LO STORTO, Corrado |
| Rok vydání: | 2018 |
| Předmět: |
Structure (mathematical logic)
050210 logistics & transportation Sociology and Political Science Conceptualization 05 social sciences ComputerApplications_COMPUTERSINOTHERSYSTEMS Management Monitoring Policy and Law Development Revenue efficiency Disease cluster Italy Airport industry Efficiency DEA meta-frontier Ownership ComputerApplications_MISCELLANEOUS 0502 economics and business Business 050207 economics Business and International Management Industrial organization |
| Zdroj: | Utilities Policy. 50:175-193 |
| ISSN: | 0957-1787 |
| DOI: | 10.1016/j.jup.2018.01.003 |
| Popis: | This paper investigates the role of the different ownership types of operators in the Italian airport sector. A meta-frontier conceptualization is utilized to consider ownership heterogeneity and compare airport efficiencies. Efficiencies are measured from multiple perspectives. Cluster analysis is adopted to uncover airport configurations with respect to inefficiencies. The results suggest that ownership heterogeneity may exert substantial influence on airport efficiency. However, while PPP airports have greater technical efficiency than airports operated by publicly owned operators, the meta-frontier analysis relative to cost and revenue efficiency does not provide evidence that PPP airports perform better. Indeed, publicly managed airports achieve comparable or better performance in terms of revenue efficiency. Findings also indicate that ownership is not the only factor affecting airport performance. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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