Bootstrapping the Malmquist indexes for Italian airports
Simone Gitto and
Paolo Mancuso
International Journal of Production Economics, 2012, vol. 135, issue 1, 403-411
Abstract:
This paper uses data envelopment analysis to assess the operational performance of 28 Italian airports during the period of 2000 through 2006. Recent developments in bootstrapping techniques are used to correct total factor productivity estimates for bias and to assess the uncertainty surrounding such estimates. This study found that the Italian airport industry experienced a significant technological regress, with few airports achieving an increase in productivity led by improvements in efficiency. Moreover, the paper shows that the form of ownership (public majority vs. private majority) of an airport management company does not significantly affect performance. In contrast, this type of the concession agreement has positive and significant effects on airport productivity. Finally, the paper highlights the existence of a productivity gap between airports located in the North-Central part of the country and those located in the south.
Keywords: Italian airports; Malmquist; DEA; Bootstrap (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (40)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:135:y:2012:i:1:p:403-411
DOI: 10.1016/j.ijpe.2011.08.014
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