Privatization of Brazilian airports: a synthetic control approach

Caio Resende and Thiago Caldeira

Economics Bulletin, 2020, vol. 40, issue 1, 743-757

Abstract: This paper evaluates the impact of privatization on commercial revenues of airports. We used a synthetic control methodology to estimate the counterfactual of how commercial revenues from privatized airports in Brazil would have evolved if Infraero - the national public company responsible for operating all major airports in Brazil - continued to operate them. Our results indicate a large, statistically significant and immediate impact in the five airports analyzed. The results were robust to a series of placebo tests.

Keywords: Airports; Privatization; Public infrastructure; Synthetic control method (search for similar items in EconPapers)
JEL-codes: L9 R4 (search for similar items in EconPapers)
Date: 2020-03-07
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.accessecon.com/Pubs/EB/2020/Volume40/EB-20-V40-I1-P63.pdf (application/pdf)

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:ebl:ecbull:eb-19-00443

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().