Scale economies and marginal costs in Spanish airports
Juan Carlos Martín,
Concepción Román and
Augusto Voltes-Dorta
Transportation Research Part E: Logistics and Transportation Review, 2011, vol. 47, issue 2, 238-248
Abstract:
In this paper, we estimate alternative specifications of the Spanish airports' cost function with the objective to provide a comparative analysis on several technological features such as output-specific marginal costs, economies of scale, and the Allen elasticities of substitution. We found evidence of significant and unexhausted scale economies as well as technological development in the Spanish airport industry. The results suggest that traffic consolidation in multi-airport areas such as the Basque Country or Catalonia will result in lower costs for the public operator.
Keywords: Airports'; cost; function; Marginal; costs; Scale; economies; Translog; system (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations: View citations in EconPapers (15)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1366554510000864
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:transe:v:47:y:2011:i:2:p:238-248
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600244/bibliographic
http://www.elsevier. ... 600244/bibliographic
Access Statistics for this article
Transportation Research Part E: Logistics and Transportation Review is currently edited by W. Talley
More articles in Transportation Research Part E: Logistics and Transportation Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().