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The analysis of the cost-revenue production cycle efficiency of the Italian airports: A NSBM DEA approach

Corrado lo Storto

Journal of Air Transport Management, 2018, vol. 72, issue C, 77-85

Abstract: This paper measures the efficiency of Italian airports using Data Envelopment Analysis (DEA). Particularly, the efficiency of an airport is evaluated at three different stages of its cost-revenue production cycle, i.e. cost-operations-revenue stages, while network-slack based measure DEA (NSBM-DEA) is adopted to generate efficiency measurements for the airports at each stage. Results show that the suggested modeling approach has a better discrimination capability than the traditional black-box DEA model and provides important insights for policy makers and airport concessionaires useful for improving industry performance and airport management.

Keywords: Airport; Italy; Efficiency; Cost-revenue production cycle; Business models; NSBM DEA (search for similar items in EconPapers)
Date: 2018
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Handle: RePEc:eee:jaitra:v:72:y:2018:i:c:p:77-85