Productivity growth of Taiwan's major domestic airports in the presence of aircraft noise
Ming-Miin Yu,
Shih-Hsun Hsu,
Ching-Cheng Chang and
Duu-Hwa Lee
Transportation Research Part E: Logistics and Transportation Review, 2008, vol. 44, issue 3, 543-554
Abstract:
This study seeks to explain the productivity growth of Taiwan's airport sector using a panel data set of 4 airports covering the period from 1995 to 1999. The Malmquist-Luenberger productivity index is modified to accommodate the presence of aircraft noise with the use of the directional output distance function. A window approach is also employed to provide a smoothed-surface frontier. It is found that the annual productivity growth of Taiwan's airports is as high as 8.0% over this period and ignoring the reduction in undesirable outputs in traditional productivity analysis may seriously bias such upward growth.
Keywords: Airport; Directional; distance; function; Malmquist-Luenberger; productivity; index; Aircraft; noise (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:44:y:2008:i:3:p:543-554
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