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Productivity Change of UK Airports: 2000-2005

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Author Info
Carlos Pestana Barros
Shunsuke Managi

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Abstract

In this paper, the two innovative nonparametric models, the Luenberger productivity model and Luenberger–Hicks–Moorsteen productivity indicator are used to estimate the productivity of UK airports. These airports are ranked according to their total productivity for the period 2000- 2005 showing that the majority of UK airports are not improving their efficiency in the period. Economic implications arising from the study are derived.

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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 2008/22.

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Date of creation: Apr 2008
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Handle: RePEc:ise:isegwp:wp222008

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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: productivity measurements; UK airports; data envelopment analysis; Luenberger productivity indicator and Luenberger–Hicks–Moorsteen productivity indicator.;

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  1. Sarkis, Joseph & Talluri, Srinivas, 2004. "Performance based clustering for benchmarking of US airports," Transportation Research Part A: Policy and Practice, Elsevier, vol. 38(5), pages 329-346, June. [Downloadable!] (restricted)
  2. Mukherjee, Kankana & Ray, Subhash C. & Miller, Stephen M., 2001. "Productivity growth in large US commercial banks: The initial post-deregulation experience," Journal of Banking & Finance, Elsevier, vol. 25(5), pages 913-939, May. [Downloadable!] (restricted)
  3. Luenberger, David G., 1992. "Benefit functions and duality," Journal of Mathematical Economics, Elsevier, vol. 21(5), pages 461-481. [Downloadable!] (restricted)
  4. Caves, Douglas W & Christensen, Laurits R & Diewert, W Erwin, 1982. "The Economic Theory of Index Numbers and the Measurement of Input, Output, and Productivity," Econometrica, Econometric Society, vol. 50(6), pages 1393-1414, November. [Downloadable!] (restricted)
  5. Adler, Nicole & Berechman, Joseph, 2001. "Measuring airport quality from the airlines' viewpoint: an application of data envelopment analysis," Transport Policy, Elsevier, vol. 8(3), pages 171-181, July. [Downloadable!] (restricted)
  6. Pels, Eric & Nijkamp, Peter & Rietveld, Piet, 2001. "Relative efficiency of European airports," Transport Policy, Elsevier, vol. 8(3), pages 183-192, July. [Downloadable!] (restricted)
  7. Jean-Philippe Boussemart & Walter Briec & Kristiaan Kerstens & Jean-Christophe Poutineau, 2003. "Luenberger and Malmquist Productivity Indices: Theoretical Comparisons and Empirical Illustration," Bulletin of Economic Research, Blackwell Publishing, vol. 55(4), pages 391-405, October. [Downloadable!] (restricted)
  8. Fare, Rolf & Grosskopf, Shawna & Zaim, Osman, 2002. "Hyperbolic efficiency and return to the dollar," European Journal of Operational Research, Elsevier, vol. 136(3), pages 671-679, February. [Downloadable!] (restricted)
  9. Carlos Pestana Barros, 2008. "The Technical Efficiency of UK Airports," Working Papers 2008/10, Department of Economics at the School of Economics and Management (ISEG), Technical University of Lisbon.. [Downloadable!]
  10. Walter Briec & Kristiaan Kerstens, 2004. "A Luenberger-Hicks-Moorsteen productivity indicator: its relation to the Hicks-Moorsteen productivity index and the Luenberger productivity indicator," Economic Theory, Springer, vol. 23(4), pages 925-939, May. [Downloadable!] (restricted)
  11. Fare, Rolf & Shawna Grosskopf & Mary Norris & Zhongyang Zhang, 1994. "Productivity Growth, Technical Progress, and Efficiency Change in Industrialized Countries," American Economic Review, American Economic Association, vol. 84(1), pages 66-83, March. [Downloadable!] (restricted)
  12. Barros, Carlos Pestana, 2008. "Technical change and productivity growth in airports: A case study," Transportation Research Part A: Policy and Practice, Elsevier, vol. 42(5), pages 818-832, June. [Downloadable!] (restricted)
  13. Griliches, Zvi, 1994. "Productivity, R&D, and the Data Constraint," American Economic Review, American Economic Association, vol. 84(1), pages 1-23, March.
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  14. Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November. [Downloadable!] (restricted)
  15. Jessop, Alan, 2003. "Blockmodels with maximum concentration," European Journal of Operational Research, Elsevier, vol. 148(1), pages 56-64, July. [Downloadable!] (restricted)
  16. Ray, Subhash C & Desli, Evangelia, 1997. "Productivity Growth, Technical Progress, and Efficiency Change in Industrialized Countries: Comment," American Economic Review, American Economic Association, vol. 87(5), pages 1033-39, December. [Downloadable!] (restricted)
  17. Zofio, Jose L & Lovell, C A Knox, 2001. "Graph Efficiency and Productivity Measures: An Application to US Agriculture," Applied Economics, Taylor and Francis Journals, vol. 33(11), pages 1433-42, September. [Downloadable!] (restricted)
  18. Elton Fernandes & Ricardo Pacheco, 2007. "Airport management: a strategic approach," Transportation, Springer, vol. 34(1), pages 129-142, January. [Downloadable!] (restricted)
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