The Ownership, Organisation, and Investment in Australia’s Major Airports Over the Longer Term
Malcolm Abbott
Journal of Transport Economics and Policy, 2018, vol. 52, issue 4, 343--366
Abstract:
Government ownership of airports is common, although there have been privatisations in some countries. Understanding why airports have been owned by governments, and in some cases have been privatised, is a complex matter. This paper uses a market failure/government failure framework to examine the operations of the major commercial airports in Australia over the longer run, with an emphasis on identifying the reasons for changes in their ownership. Government ownership of Australia’s major airports was established in the 1920s, and later pressure to privatise the airports built up over time for a range of reasons.
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:tpe:jtecpo:2018:52:4:343--366
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