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Toward environmental sustainability: an empirical study on airports efficiency

Riccardo Gianluigi Serio, Maria Michela Dickson, Diego Giuliani and Giuseppe Espa

Papers from arXiv.org

Abstract: The transition to more environmentally sustainable production processes and managerial practices is an increasingly important topic. Many industries need to undergo radical change to meet environmental sustainability requirements; the tourism industry is no exception. In this respect, a particular aspect that needs further attention is the relationship between airport performances and investments in environmental sustainability policies. This work represents a first attempt to provide empirical evidences about this relationship. Through the application of a non-parametrical method, we first assess the efficiency of the Italian airports industry. Secondly, we investigated the relationship between airports performance and management commitment toward the ecological transition using a Tobit regression model. The results show that airports adherence to formal multi-year ecological transition programs has a positive and consistent impact on their performance.

Date: 2022-10, Revised 2024-03
New Economics Papers: this item is included in nep-eff and nep-env
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