EconPapers    
Economics at your fingertips  
 

A comparative analysis of productivity performance of the world's major airports: summary report of the ATRS global airport benchmarking research report—2002

Tae Hoon Oum, Chunyan Yu and Xiaowen Fu

Journal of Air Transport Management, 2003, vol. 9, issue 5, 285-297

Abstract: This paper compares productive efficiency for 50 major airports in Asia Pacific, Europe and North America by computing gross total factor productivity (TFP), further analysing TFP by regression models, and then computing ‘residual’ TFP after removing the effects of the factors largely beyond managerial control. The results reveal: larger airports are expected to achieve higher gross TFP because of the economies of scale in airport operations, not necessarily because they are more efficient than smaller airports; airports with a larger percentage of international traffic are expected to have lower gross TFP levels; an airport's ownership structure does not appear to have any statistically significant effect on its productivity performance; airports with higher passenger satisfaction level does not appear to have lower productivity; an airport that diversify and expand their non-aeronautical activities such as concessions and other commercial services are likely to achieve a higher TFP level; airports with capacity constraints are expected to have a higher TFP level although it will impose delays on aircraft and passengers.

Keywords: Productivity; Airport; Benchmarking (search for similar items in EconPapers)
Date: 2003
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (39) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0969699703000371
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:jaitra:v:9:y:2003:i:5:p:285-297

Access Statistics for this article

Journal of Air Transport Management is currently edited by Anne Graham

More articles in Journal of Air Transport Management from Elsevier
Series data maintained by Dana Niculescu ().

 
Page updated 2017-09-29
Handle: RePEc:eee:jaitra:v:9:y:2003:i:5:p:285-297