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Tourism indicators and airports' technical efficiency

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  • Ripoll-Zarraga, Ane Elixabete
  • Raya, Josep Maria

Abstract

The Spanish airports are managed centrally by a government-owned company (AENA). The public investments made in the latest years, airports managers' inability to decide commercial policies and the lack of competition end with more than one under-used airport within an amenity distance. Airports' managerial decisions require considering regional needs. In the first stage, a stochastic frontier analysis is used to estimate airports' technical inefficiency with the inclusion of fixed effects. Tourism indicators related to the location of airports are used in a second stage regression. The results show that airports' geographical location affects efficiency in touristic areas. The type of accommodation becomes a driver of airports' efficiency with positive and negative impact. In non-touristic areas, touristic factors are not relevant.

Suggested Citation

  • Ripoll-Zarraga, Ane Elixabete & Raya, Josep Maria, 2020. "Tourism indicators and airports' technical efficiency," Annals of Tourism Research, Elsevier, vol. 80(C).
  • Handle: RePEc:eee:anture:v:80:y:2020:i:c:s0160738319301768
    DOI: 10.1016/j.annals.2019.102819
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