Measuring the joint impact of governance form and economic regulation on airport efficiency

A. Georges Assaf and David Gillen

European Journal of Operational Research, 2012, vol. 220, issue 1, 187-198

Abstract: This paper examines the joint impact that governance structure and economic regulation has on airport efficiency. The previous literature has focused on one or the other of these factors but not both. The empirical investigation uses a semi-parametric Bayesian distance stochastic frontier model, as well as a Data Envelopment Analysis (DEA) model. Based on a panel of airports in several countries we find that the form of economic regulation is relatively more important than the type of governance in affecting efficiency. The article provides measures of changes in expected efficiency when either or both the governance form and price regulation changes.

Keywords: Governance form; Economic regulation; Efficiency; International airports; Semi-parametric Bayesian approach; DEA (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (44)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0377221712000744
Full text for ScienceDirect subscribers only

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:eee:ejores:v:220:y:2012:i:1:p:187-198

DOI: 10.1016/j.ejor.2012.01.038

Access Statistics for this article

European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati

More articles in European Journal of Operational Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().