A comparative analysis of productivity performance of the world's major airports: summary report of the ATRS global airport benchmarking research report—2002

Oum, Tae Hoon; Yu, Chunyan; Fu, Xiaowen

doi:10.1016/s0969-6997(03)00037-1

Cited by 167 publications

(111 citation statements)

References 15 publications

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“…It is noted, however, that their study uses only one output measure (number of aircraft movements) in measuring efficiency. As articulated in Oum, Yu and Fu (2003), the omission of other outputs such as commercial services is likely to bias efficiency results as it underestimates productivity of the airports with proactive managers who focus on exploiting the revenue generation opportunities from non-aviation business. Given that non-aeronautical outputs can account for as much as 70 % of total revenue an airport generates, the productivity measures ignoring the non-aeronautical services (including concession) would be seriously biased against the airports generating a high proportion of their total revenues from commercial services.…”

Section: Literature Review and Issues Surrounding Airport Ownershipmentioning

confidence: 99%

Ownership forms matter for airport efficiency: A stochastic frontier investigation of worldwide airports

Oum

Jia

2008

Journal of Urban Economics

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221

129

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We study the effects of ownership forms on airports' cost efficiency by applying stochastic frontier analysis to a panel data of the world's major airports. Our key findings are: (a) Countries considering privatization of airports should transfer majority shares to the private sector; (b) Mixed ownership of airport with a government majority should be avoided in favor of even 100% government owned public firm; (c) U.S. airports operated by port authorities should consider to transfer ownership/management to independent airport authorities; and (d) Privatization of one or more airports in cities with multiple airports would improve the efficiency of all airports.2

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Section: Literature Review and Issues Surrounding Airport Ownershipmentioning

confidence: 99%

Ownership forms matter for airport efficiency: A stochastic frontier investigation of worldwide airports

Oum

Jia

2008

Journal of Urban Economics

Self Cite

221

129

View full text Add to dashboard Cite

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“…Although it is well known that international traffic requires more services and resources than domestic traffic, its attractiveness also represents higher concession revenues (per capita) for airports than the ones generated by domestic passengers. Therefore, the analysis of the international traffic effect on the efficiency of airports takes into account this reality, predicting a positive influence of this variable on efficiency [31,32].…”

Section: Operational Environmentmentioning

confidence: 99%

“…• Aeronautical revenues: Irrespective of the airport regulatory model, a proactive management leads to the expansion of commercial activities and other non-aeronautical business opportunities [31]. Because such business entails the consumption of additional resources and further attention to market tendencies, it is worth analysing the counter-balancing between this fact and the additional (easy) revenues generated.…”

Section: Operational Environmentmentioning

confidence: 99%

Untitled

2015

J of Advced Transportation

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SUMMARYHeterogeneity must be considered in the efficiency analysis of decision-making units; otherwise, the results will be strongly biased. This is also valid for airport management where the operational environment heavily influences efficiency. In this paper, conditional efficiency measures are applied to airports to incorporate heterogeneity in non-parametric frontier models which are robust for outlying observations. In particular, the influence of the operational environment on airport efficiency is examined in a sample of 141 international airports. The conclusions show that the operational environment indeed matters and that privatisation, regulation, traffic transfer and the dominant carrier have a positive effect on efficiency, whereas aeronautical revenues influence it negatively.

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“…Parker, 1999 La privatización no tiene efecto sobre la eficiencia Reino Unido (BAA) DEA Oum, 2003 No hay una relación significativa del tipo de propiedad y las eficiencias operacional y financiera…”

Section: Artículo Principal Conclusión Caso De Estudio Métodounclassified

Las infraestructuras aeroportuarias: tipo de propiedad y su relación con la eficiencia

Giraldo-Velásquez

Castañeda

Zapata-Aguirre

2015

rev.ing.univ.Medellin

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ResumenEl transporte aéreo es un sector caracterizado por ser uno de los de más rápido crecimiento en la economía mundial. Este aumento explosivo constituye un desafío para los aeropuertos en términos de desarrollo de la capacidad y la gestión. La conversión hacia la comercialización y privatización de la infraestructura aeroportuaria ha seguido los procesos de desregulación y privatización de las aerolíneas, aunque con un importante retraso. Entre los motivos que han conducido a estos procesos se encuentra la necesidad de mejorar su eficiencia para enfrentar una industria aeronáutica altamente competitiva. Este artículo de reflexión tiene como punto de partida la idea, generalmente aceptada, de que la privatización como modelo de propiedad o gestión está asociada con una mayor productividad. Los trabajos de referencia abordados hacen mención a aquellos cuyo análisis de la eficiencia es hecho a través de la técnica DEA por ser una de las más consolidadas y aceptadas en la literatura.Palabras clave: aeropuertos, infraestructuras aeroportuarias, transporte aéreo, eficiencia, tipos de propiedad * Este artículo de reflexión hace parte de los productos obtenidos del proyecto "Análisis de las infraestructuras aeroportuarias como determinantes de la competitividad de un destino turístico" financiado por la Institución Universitaria Colegio Mayor de Antioquia, a quien las autoras agradecen.

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A comparative analysis of productivity performance of the world's major airports: summary report of the ATRS global airport benchmarking research report—2002

Cited by 167 publications

References 15 publications

Ownership forms matter for airport efficiency: A stochastic frontier investigation of worldwide airports

Ownership forms matter for airport efficiency: A stochastic frontier investigation of worldwide airports

Untitled

Las infraestructuras aeroportuarias: tipo de propiedad y su relación con la eficiencia

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