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Bootstrapped Malmquist indices of Australian airports

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  • A. Assaf

Abstract

This study uses the Malmquist bootstrapped methodology to assess the extent of productivity, efficiency, scale and technological changes at the major Australian airports. The analysis focuses on the post-privatisation period of Australian airports, using panel data on three outputs and three inputs. Results show that most Australian airports have experienced significant total factor productivity increase between 2002 and 2007, while few airports have recorded productivity and efficiency decline over the same period. Using a bootstrapped second-stage regression, the results also highlight the direct impact of environmental factors such as market share and airport hub on the productivity variations between airports. Other potentially affecting factors are: privatisation, oil price increase and price regulation.

Suggested Citation

  • A. Assaf, 2009. "Bootstrapped Malmquist indices of Australian airports," The Service Industries Journal, Taylor & Francis Journals, vol. 31(5), pages 829-846, April.
    • Handle: RePEc:taf:servic:v:31:y:2009:i:5:p:829-846
    DOI: 10.1080/02642060903067548
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