Bootstrapped scale efficiency measures of UK airports
A. Assaf
Journal of Air Transport Management, 2010, vol. 16, issue 1, 42-44
Abstract:
This paper introduces the bootstrapping methodology to analyse and test the scale efficiency of airports. The results from a sample of 27 small and large UK airports indicate that most large airports are scale efficient or operating in a region of decreasing returns to scale, while most small airports are operating in a region of increasing returns to scale. We relate the results to the current industry trends and provide directions for future research.
Keywords: Airports; Bootstrap; Scale efficiency; Large airports; Small airports (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:16:y:2010:i:1:p:42-44
DOI: 10.1016/j.jairtraman.2009.03.001
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