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Efficiency Measurement Theory and its Application to Airport Benchmarking

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  • Yuichiro Yoshida

    (National Graduate Institute for Policy Studies)

Abstract

Efficiency measurement is critical for industries where firms do not face strong competition, ad we cannot relay on the market to discipline the firms effectively , Airports are a typical example. At the same time, the fact that airports produces multiple outputs using a common set of inputs calls for a delicate and sophisticated treatment in measuring their efficiencies. The current paper starts out by presenting the conventional methodologies of efficiency measurement such as DEA, Stochastic Frontier method, Productivity Index, and some recent developments in efficiency measurement literature. We then provide a review of the existing literature on airport efficiency measurement results, recent advancement on the airport efficiency measurement, and some recent empirical estimates of the effects of ownership forms and governance structures on airport's efficiency.

Suggested Citation

  • Yuichiro Yoshida, 2008. "Efficiency Measurement Theory and its Application to Airport Benchmarking," GRIPS Discussion Papers 07-13, National Graduate Institute for Policy Studies.
    • Handle: RePEc:ngi:dpaper:07-13
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    Cited by:

    1. Serebrisky, Tomás & Sarriera, Javier Morales & Suárez-Alemán, Ancor & Araya, Gonzalo & Briceño-Garmendía, Cecilia & Schwartz, Jordan, 2016. "Exploring the drivers of port efficiency in Latin America and the Caribbean," Transport Policy, Elsevier, vol. 45(C), pages 31-45.
    2. Laurent Cavaignac & Romain Petiot, 2016. "A Quarter Century of Data Envelopment Analysis Applied to the Transport Sector: A Bibliometric Analysis," Post-Print hal-02395215, HAL.
    3. Güner, Samet & Cebeci, Halil İbrahim, 2021. "Output targeting and capacity utilization for a new-built airport: Analysis for the new airport in Istanbul," Socio-Economic Planning Sciences, Elsevier, vol. 76(C).
    4. Daraio, Cinzia & Kerstens, Kristiaan & Nepomuceno, Thyago & Sickles, Robin C., 2019. "Empirical Surveys of Frontier Applications: A Meta-Review," Working Papers 19-005, Rice University, Department of Economics.
    5. Cavaignac, Laurent & Petiot, Romain, 2017. "A quarter century of Data Envelopment Analysis applied to the transport sector: A bibliometric analysis," Socio-Economic Planning Sciences, Elsevier, vol. 57(C), pages 84-96.
    6. Daisuke Ichinose & Masashi Yamamoto & Yuichiro Yoshida, 2012. "Economic Geography and Productive Efficiency of Solid-Waste Logistics in Japan’s Prefectures: Measurements via the Data Envelopment Analysis," GRIPS Discussion Papers 11-25, National Graduate Institute for Policy Studies.

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