A Benchmarking Analysis of the Brazilian Airport Infrastructure An Application of the Expected Minimum Input Frontier

Francisco Oliveira-Neto, Paulo Pontes and Bruno Wichmann

Journal of Transport Economics and Policy, 2014, vol. 48, issue 2, 297-313

Abstract: This paper assesses the technical efficiency (TE) of the infrastructure of sixty-three major airports in Brazil. We use the order-m approach in which airports are benchmarked against an expected minimum input frontier. Despite being a non-parametric estimator, the order-m is robust to noise in the data, outliers, and extreme values. In addition, the approach is able to rank airports successfully even in a small sample, a characteristic unusual for traditional non-parametric estimators. We find that international airports are more efficient than domestic ones. We also find evidence that order-m TE estimation of domestic and international airports must be done separately. © 2014 LSE and the University of Bath

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:tpe:jtecpo:v:48:y:2014:i:2:p:297-313

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