The relationship between airport performance and privatisation policy: A nonparametric metafrontier approach

© 2017 The assessment of economic and technical efficiency is a useful tool for selecting the most appropriate technology for airport operations. However, traditional models require that the units being assessed operate with the same technology. To overcome this limitation, one can use a non-concave...

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Main Authors: Ying Hsiu Chen, Po Lin Lai, Pairach Piboonrungroj
Format: Journal
Published: 2018
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http://cmuir.cmu.ac.th/jspui/handle/6653943832/57401
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Institution: Chiang Mai University
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spelling th-cmuir.6653943832-574012018-09-05T03:54:37Z The relationship between airport performance and privatisation policy: A nonparametric metafrontier approach Ying Hsiu Chen Po Lin Lai Pairach Piboonrungroj Environmental Science Social Sciences © 2017 The assessment of economic and technical efficiency is a useful tool for selecting the most appropriate technology for airport operations. However, traditional models require that the units being assessed operate with the same technology. To overcome this limitation, one can use a non-concave metafrontier approach that is based on Data Envelopment Analysis (DEA) to calculate the techno-economic efficiency and Technological Gap Ratios (TGRs) with non-homogeneous technologies for airports across countries and with different ownerships. The previous studies mainly applied DEA to measure the operational efficiency of airports. Our results indicate that privately owned airports have better technical efficiency than public ones. In addition, our empirical analysis shows that public airports in the Asia-Pacific area have the lowest techno-economic efficiency. 2018-09-05T03:40:21Z 2018-09-05T03:40:21Z 2017-06-01 Journal 09666923 2-s2.0-85026193017 10.1016/j.jtrangeo.2017.06.005 https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85026193017&origin=inward http://cmuir.cmu.ac.th/jspui/handle/6653943832/57401
institution Chiang Mai University
building Chiang Mai University Library
country Thailand
collection CMU Intellectual Repository
topic Environmental Science
Social Sciences
spellingShingle Environmental Science
Social Sciences
Ying Hsiu Chen
Po Lin Lai
Pairach Piboonrungroj
The relationship between airport performance and privatisation policy: A nonparametric metafrontier approach
description © 2017 The assessment of economic and technical efficiency is a useful tool for selecting the most appropriate technology for airport operations. However, traditional models require that the units being assessed operate with the same technology. To overcome this limitation, one can use a non-concave metafrontier approach that is based on Data Envelopment Analysis (DEA) to calculate the techno-economic efficiency and Technological Gap Ratios (TGRs) with non-homogeneous technologies for airports across countries and with different ownerships. The previous studies mainly applied DEA to measure the operational efficiency of airports. Our results indicate that privately owned airports have better technical efficiency than public ones. In addition, our empirical analysis shows that public airports in the Asia-Pacific area have the lowest techno-economic efficiency.
format Journal
author Ying Hsiu Chen
Po Lin Lai
Pairach Piboonrungroj
author_facet Ying Hsiu Chen
Po Lin Lai
Pairach Piboonrungroj
author_sort Ying Hsiu Chen
title The relationship between airport performance and privatisation policy: A nonparametric metafrontier approach
title_short The relationship between airport performance and privatisation policy: A nonparametric metafrontier approach
title_full The relationship between airport performance and privatisation policy: A nonparametric metafrontier approach
title_fullStr The relationship between airport performance and privatisation policy: A nonparametric metafrontier approach
title_full_unstemmed The relationship between airport performance and privatisation policy: A nonparametric metafrontier approach
title_sort relationship between airport performance and privatisation policy: a nonparametric metafrontier approach
publishDate 2018
url https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85026193017&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/57401
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