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Technical efficiency of UK airports

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  • Barros, Carlos Pestana

Abstract

In this paper, the random stochastic frontier model is used to estimate the technical efficiency of UK airports. The airports are ranked according to their productivity for the period 2000–2005 and homogenous and heterogeneous variables in the cost function are disentangled. These changes the ranking of the efficiency of UK airports compared to more conventional measures.

Suggested Citation

  • Barros, Carlos Pestana, 2008. "Technical efficiency of UK airports," Journal of Air Transport Management, Elsevier, vol. 14(4), pages 175-178.
  • Handle: RePEc:eee:jaitra:v:14:y:2008:i:4:p:175-178
    DOI: 10.1016/j.jairtraman.2008.04.002
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    References listed on IDEAS

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    1. Battese, George E. & Coelli, Tim J., 1988. "Prediction of firm-level technical efficiencies with a generalized frontier production function and panel data," Journal of Econometrics, Elsevier, vol. 38(3), pages 387-399, July.
    2. Yoshida, Yuichiro & Fujimoto, Hiroyoshi, 2004. "Japanese-airport benchmarking with the DEA and endogenous-weight TFP methods: testing the criticism of overinvestment in Japanese regional airports," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 40(6), pages 533-546, November.
    3. Train,Kenneth E., 2009. "Discrete Choice Methods with Simulation," Cambridge Books, Cambridge University Press, number 9780521766555, December.
    4. Willam Greene, 2005. "Fixed and Random Effects in Stochastic Frontier Models," Journal of Productivity Analysis, Springer, vol. 23(1), pages 7-32, January.
    5. Fung, Michael Ka Yiu & Wan, Ken Kai Hong & Hui, Yer Van & Law, Japhet Sebastian, 2008. "Productivity changes in Chinese airports 1995-2004," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 44(3), pages 521-542, May.
    6. 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.
    7. Yoshida, Yuichiro, 2004. "Endogenous-weight TFP measurement: methodology and its application to Japanese-airport benchmarking," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 40(2), pages 151-182, March.
    8. Bruno De Borger & Kristiaan Kerstens & Álvaro Costa, 2002. "Public transit performance: What does one learn from frontier studies?," Transport Reviews, Taylor & Francis Journals, vol. 22(1), pages 1-38, January.
    9. 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.
    10. Cornes,Richard, 1992. "Duality and Modern Economics," Cambridge Books, Cambridge University Press, number 9780521336017, October.
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