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Technical Efficiency, Regulation And Heterogeneity In Japanese Airports

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  • Carlos Pestana Barros
  • Shunsuke Managi
  • Yuichiro Yoshida

Abstract

In this paper, the random stochastic frontier model is used to estimate the technical efficiency of Japanese airports, with regulation and heterogeneity included in the variables. The airports are ranked according to their productivity for the period 1987–2005 and homogeneous and heterogeneous variables in the cost function are disentangled. Policy implications are derived.

Suggested Citation

  • Carlos Pestana Barros & Shunsuke Managi & Yuichiro Yoshida, 2010. "Technical Efficiency, Regulation And Heterogeneity In Japanese Airports," Pacific Economic Review, Wiley Blackwell, vol. 15(5), pages 685-696, December.
  • Handle: RePEc:bla:pacecr:v:15:y:2010:i:5:p:685-696
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    File URL: http://hdl.handle.net/10.1111/j.1468-0106.2010.00524.x
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    References listed on IDEAS

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    Cited by:

    1. Ha, Hun Koo & Kaneko, Shinji & Yamamoto, Masashi & Yoshida, Yuichiro & Zhang, Anming, 2017. "On the discrepancy in the social efficiency measures between parametric and non-parametric production technology identification," Journal of Air Transport Management, Elsevier, vol. 58(C), pages 9-14.

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