Implication of spatial heterogeneity for airports' efficiency estimation

Dmitry Pavlyuk ()

Research in Transportation Economics, 2016, vol. 56, issue C, 15-24

Abstract: This research is devoted to the analysis of a role of spatial heterogeneity in estimation of airports' efficiency. Spatial heterogeneity, caused by uneven distribution of influencing factors over space, is widely acknowledged in the European airport industry, but rarely included in airport benchmarking procedures. We utilise modern methods of spatial econometrics to identify the importance of spatial heterogeneity for estimates of airports' resource elasticity and efficiency values. A set of utilised models includes the spatial error model, spatial stochastic frontier model, geographically weighted regression model, and their modifications.

Keywords: Spatial heterogeneity; Airport; Efficiency; Productivity; Spatial econometrics; Stochastic frontier (search for similar items in EconPapers)
JEL-codes: C21 C51 D24 L93 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:retrec:v:56:y:2016:i:c:p:15-24

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DOI: 10.1016/j.retrec.2016.07.002

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