Efficiency Assessment of Airports and the Impact of Regulation on Performance

Nicole Adler, Shravan Kumar

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

This paper reviews the methods used to measure airport performance and the impact of regulation on airport performance. We find that the most commonly used methods are index number based total factor productivity measures, stochastic frontier analysis and data envelopment analysis. Our review of airport regulation reveals that different market structures and regulatory environments have varying impacts on efficiency. Our review further reveals that a majority of the studies find that airport regulation has proven to encourage technical, financial and cost efficiency; a couple of papers argue that regulation has no noticeable impact on efficiency levels; and a minority of the papers suggest that regulation tends to decrease technical and cost efficiency. We finally give some suggestions regarding directions for future research on the impact of regulation on airport performance.

Original languageEnglish
Title of host publicationAdvances in Spatial Science
PublisherSpringer Science and Business Media Deutschland GmbH
Pages247-272
Number of pages26
DOIs
StatePublished - 2023

Publication series

NameAdvances in Spatial Science

Keywords

  • Benchmarking
  • Data envelopment analysis
  • Efficiency
  • Market structure
  • Performance
  • Regulation
  • Stochastic frontier analysis
  • Total factor productivity

All Science Journal Classification (ASJC) codes

  • Geography, Planning and Development
  • Economics and Econometrics

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