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Comparing efficiency of holding business model and individual management model of airports

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  • Ferreira, Diogo Cunha
  • Marques, Rui Cunha
  • Pedro, Maria Isabel

Abstract

This research compares the efficiency of holding business model to individual management model of airports, employing some robust non-parametric partial frontier-based methods to compare the statistical distributions of efficiency, under different scenarios, to find out which group of airports yields better global performance. The comparison between groups will follow a Malmquist index decomposition, which seems to be the most appropriate tool for within- and inter-group performance comparison. For this purpose, a sample of 145 airports from three continents is utilized. The results provide evidence that European airports are the most productive ones, and within this cluster, the individual management model presented a significant frontier shift with respect the holding cluster frontier, meaning that the former is much more productive than the latter.

Suggested Citation

  • Ferreira, Diogo Cunha & Marques, Rui Cunha & Pedro, Maria Isabel, 2016. "Comparing efficiency of holding business model and individual management model of airports," Journal of Air Transport Management, Elsevier, vol. 57(C), pages 168-183.
    • Handle: RePEc:eee:jaitra:v:57:y:2016:i:c:p:168-183
    DOI: 10.1016/j.jairtraman.2016.07.020
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