A Review of Different Benchmarking Methods in the Context of Regional Airports

Rico Merkert, James Odeck, Svein Brathen and Romano Pagliari

Transport Reviews, 2012, vol. 32, issue 3, 379-395

Abstract: This paper reviews the existing literature on airport benchmarking. In addition to assessing the advantages and disadvantages of partial productivity measures (PPM), we also discuss parametric and non-parametric methods with reference to previous applications to the airport sector. Our analytical framework for research synthesis is based on a comparative study of the existing research findings and includes not only results from longitudinal, cross-sectional and panel data analyses but also findings of our own two-stage data envelopment analysis (DEA) case study. Our findings suggest that the more sophisticated approaches can deliver powerful insights into the performance of regional airports. The data for such an analysis are available, yet no previous attempt has been made to apply these methods to the context of regional airports. However, challenges do exist, especially for very small airports, in terms of the reliability, quality, robustness and complexity of such an efficiency analysis. As a result we recommend that an appropriate methodology for comparing the efficiency of regional airports should be based on a combination of PPM with either a two-stage DEA or a stochastic frontier approach approach.

Date: 2012
References: View complete reference list from CitEc
Citations: View citations in EconPapers (26)

Downloads: (external link)
http://hdl.handle.net/10.1080/01441647.2012.662707 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:transr:v:32:y:2012:i:3:p:379-395

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/TTRV20

DOI: 10.1080/01441647.2012.662707

Access Statistics for this article

Transport Reviews is currently edited by Professor David Banister and Moshe Givoni

More articles in Transport Reviews from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().