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Technical Efficiency, Regulation, and Heterogeneity in Japanese Airports

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Author Info
Carlos Pestana Barros
Shunsuke Managi
Yuichiro Yoshida

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Abstract

In this paper, the random stochastic frontier model is used to estimate the technical efficiency of Japanese airports taking into regulation and heterogeneity in the variables. The airports are ranked according to their productivity for the period 1987 to 2005 and homogenous and heterogeneous variables in the cost function are disentangled. Policy implication is 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 2008/43.

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Date of creation: Aug 2008
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Handle: RePEc:ise:isegwp:wp432008

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: Japan; airports; efficiency; random frontier models; policy implications;

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