| Autor: |
Adler, Nicole, Delhaye, Eef, Kivel, Adit, Proost, Stef |
| Jazyk: |
angličtina |
| Rok vydání: |
2017 |
| Popis: |
The ownership form of Air Navigation Service Providers varies across countries ranging from state agencies belonging to the Department of Transport, to government-owned corporations, to semi-private firms with for-profit or not-for-profit mandates. This research focusses on the link between the performance of ANSPs and their ownership form. A theoretical economic model suggests that effort to achieve cost efficiency will be higher in the case of public companies with a board of stakeholders composed of airspace users and in the case of private companies in which stakeholders are also shareholders. A stochastic frontier analysis estimation of the production and cost functions of 37 European air navigation service providers over nine years suggests that the public-private ownership form achieves statistically significantly higher cost and productive efficiency levels compared to either a government corporation or a state agency. ispartof: Discussion paper series, DPS17.17 pages:1-33 status: published |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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