Airport technical efficiency: Evidence of privatised airports in Latin America

Oscar Díaz Olariaga, Wolfgang Dupeyrat, Julio Aguirre, Felipe Delgado and Carlos Henrique Rocha
Additional contact information
Oscar Díaz Olariaga: Facultad de Ingeniería Civil, Colombia
Wolfgang Dupeyrat: College of Business, USA
Felipe Delgado: Departamento de Ingeniería de Transporte y Logística, Chile
Carlos Henrique Rocha: Departamento de Administração, Brazil

Journal of Airport Management, 2023, vol. 18, issue 1, 93-112

Abstract: Since the mid-1990s, the main airports in Latin America have been privatised. This is the result, on the one hand, of the liberalisation of the aviation industry in almost all the countries of the region, and on the other hand, of the application of an extensive and uninterrupted programme of air public policies, currently underway. Based on this, this paper first analyse how public policies have influenced the development of airports in Latin America, generating the privatisation of the most important in the region (in a context of structural reform still in progress). Second, it studies how the COVID-19 pandemic affected the technical efficiency of the privatised airports in the region. Therefore, in this paper, the measurement of technical efficiency is carried out (using only technical variables, that is, infrastructure and aeronautical or air traffic variables) on a representative set of Latin American privatised airports, both in the pre-pandemic period (2017–19) and in the severest pandemic period (2020). The methodology used to carry out the study is data envelopment analysis (DEA). The main results of the research reveal high, and in some cases ideal, technical efficiency indices in the pre-pandemic period, and not very severe drops in technical efficiency in the pandemic period.

Keywords: efficiency; airport privatisation; data envelopment analysis; air transport policy (search for similar items in EconPapers)
JEL-codes: M1 M10 R4 R40 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/8167/download/ (application/pdf)
https://hstalks.com/article/8167/ (text/html)
Requires a paid subscription for full access.

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:aza:jam000:y:2023:v:18:i:1:p:93-112

Access Statistics for this article

More articles in Journal of Airport Management from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().