An Empirical Investigation on the Efficiency, Capacity Ownership of Italian Airports

Paolo Malighetti (), Gianmaria Martini, Stefano Paleari () and Renato Redondi ()
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Paolo Malighetti: University of Bergamo and ICCSAI
Stefano Paleari: University of Bergamo and ICCSAI
Renato Redondi: University of Brescia and ICCSAI

Rivista di Politica Economica, 2007, vol. 97, issue 1, 157-188

Abstract: In this paper we study the efficiency of Italian airports applying a DEA model to 34 airports. We find that large airports are more efficient than domestic and regional ones, i.e. small airports have spare capacity since they are more distant from the frontier than large airports. The Tobit regression on the estimated DEA scores shows that efficiency is positively related with the hub premium and with privatisation. Hence we suggest that privatisation incentives to invest in large airports (close to saturation) and development plans to improve the small airports may form the benchmarks of Italian short-run air transportation policy.

JEL-codes: L11 L59 L93 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (32)

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Persistent link: https://EconPapers.repec.org/RePEc:rpo:ripoec:v:97:y:2007:i:1:p:157-188

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