Does Privatization Affect Airports Performance? A Comparative Analysis with AHP-TOPSIS and DEA

Burak Keskin () and Efehan Ulas ()
Additional contact information
Burak Keskin: Cankiri Karatekin University
Efehan Ulas: Cankiri Karatekin University

Chapter Chapter 31 in New Trends in Finance and Accounting, 2017, pp 335-345 from Springer

Abstract: Abstract This paper investigates the effect of privatization and deregulation strategies on performance of European busiest twenty airports using TOPSIS multi-criteria decision-making method and data envelopment analysis (DEA) with panel data for 2010–2014. Firstly, annual passenger number, operational revenue, number of runway, cargo traffic and aircraft movements have been determined as performance evaluation criteria. Secondly, TOPSIS method has been applied to decision-making units (DMUs) and performance ranking has been acquired. In this stage, criteria weights were calculated by using analytic hierarchy process (AHP). Later, airports have been divided into two groups as private owned and public owned to compare their performance. Finally, DEA was employed to the data. From this point of view, number of runways, cargo traffic and aircraft movements are determined as input parameters; annual passenger numbers and financial revenue are determined as output parameters.

Keywords: Airport performance analysis; Privatization; AHP-TOPSIS; DEA (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:prbchp:978-3-319-49559-0_31

Ordering information: This item can be ordered from
http://www.springer.com/9783319495590

DOI: 10.1007/978-3-319-49559-0_31

Access Statistics for this chapter

More chapters in Springer Proceedings in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().