Tourism indicators and airports' technical efficiency

Ane Elixabete Ripoll-Zarraga and Josep Maria Raya

Annals of Tourism Research, 2020, vol. 80, issue C

Abstract: The Spanish airports are managed centrally by a government-owned company (AENA). The public investments made in the latest years, airports managers' inability to decide commercial policies and the lack of competition end with more than one under-used airport within an amenity distance. Airports' managerial decisions require considering regional needs. In the first stage, a stochastic frontier analysis is used to estimate airports' technical inefficiency with the inclusion of fixed effects. Tourism indicators related to the location of airports are used in a second stage regression. The results show that airports' geographical location affects efficiency in touristic areas. The type of accommodation becomes a driver of airports' efficiency with positive and negative impact. In non-touristic areas, touristic factors are not relevant.

Keywords: Airports inefficiency; Stochastic frontier analysis (SFA); Fixed effects; Touristic areas; AENA (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:anture:v:80:y:2020:i:c:s0160738319301768

DOI: 10.1016/j.annals.2019.102819

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