Understanding the complexities and challenges of airport performance benchmarking
William G. Morrison
Journal of Airport Management, 2009, vol. 3, issue 2, 145-158
Abstract:
The task of measuring and benchmarking airport performance is one of attempting to collect and standardise data while applying econometric techniques that allow for an ‘apples-to-apples’ comparison. This paper provides a review and critique of the various approaches to measuring and benchmarking airport performance, focusing on measures of productivity and efficiency in particular. The investigation reveals that results of airport benchmarking studies appear to be very sensitive to the definitions of variables, model structure, underlying assumptions and the methodology employed.
Keywords: airport performance benchmarking; airport productivity; airport efficiency; investment cycle; economies of scale; benchmarking methodologies (search for similar items in EconPapers)
JEL-codes: M1 M10 R4 R40 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jam000:y:2009:v:3:i:2:p:145-158
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