Paolo Malighetti () (University of Bergamo and ICCSAI) Gianmaria Martini () (University of Bergamo and ICCSAI) Stefano Paleari () (University of Bergamo and ICCSAI) Renato Redondi () (University of Brescia and ICCSAI)
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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.
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Volume (Year): 97 (2007) Issue (Month): 1 (January-February) Pages: 157-188 Download reference. The following formats are available: HTML
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Find related papers by JEL classification: L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation L59 - Industrial Organization - - Regulation and Industrial Policy - - - Other L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
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