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The Technical Efficiency of UK Airports

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Author Info
Carlos Pestana Barros

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Abstract

In this paper, the innovative random stochastic frontier model is used to estimate the technical efficiency of UK airports. These airports are ranked according to their total productivity for the period 2000-2005 and homogenous and heterogeneous variables in the cost function are disentangled, which leads us to advise the implementation of common policies as well as policies by segments. Economic implications arising from the study are also considered.

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Publisher Info
Paper provided by Department of Economics at the School of Economics and Management (ISEG), Technical University of Lisbon. in its series Working Papers with number 2008/10.

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Date of creation: Feb 2008
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Handle: RePEc:ise:isegwp:wp102008

Contact details of provider:
Postal: Department of Economics, School of Economics and Management (ISEG), Technical University of Lisbon, Rua do Quelhas 6, 1200-781 LISBON, PORTUGAL
Web page: http://www.iseg.utl.pt/departamentos/economia/

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Related research
Keywords: Airports UK efficiency random frontier models policy implications.

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Caves, R E & Porter, M E, 1977. "From Entry Barriers to Mobility Barriers: Conjectural Decisions and Contrived Deterrence to New Competition," The Quarterly Journal of Economics, MIT Press, vol. 91(2), pages 241-61, May. [Downloadable!] (restricted)
  2. Jondrow, James & Knox Lovell, C. A. & Materov, Ivan S. & Schmidt, Peter, 1982. "On the estimation of technical inefficiency in the stochastic frontier production function model," Journal of Econometrics, Elsevier, vol. 19(2-3), pages 233-238, August. [Downloadable!] (restricted)
  3. Susanne Warning, 2004. "Performance Differences in German Higher Education: Empirical Analysis of Strategic Groups," Review of Industrial Organization, Springer, vol. 24(4), pages 393-408, 06. [Downloadable!]
  4. Susanne Warning, 2004. "Performance Differences in German Higher Education: Empirical Analysis of Strategic Groups," Working Papers of the Research Group Heterogenous Labor 04-09, Research Group Heterogeneous Labor, University of Konstanz/ZEW Mannheim. [Downloadable!]
  5. Porter, Michael E, 1979. "The Structure within Industries and Companies' Performance," The Review of Economics and Statistics, MIT Press, vol. 61(2), pages 214-27, May. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Carlos Pestana Barros & Rui Cunha Marques, 2008. "Performance of European Airports: Regulation, Ownership and Managerial Efficiency," Working Papers 2008/25, Department of Economics at the School of Economics and Management (ISEG), Technical University of Lisbon.. [Downloadable!]
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This page was last updated on 2008-7-2.


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