Role of U.S. Airports’ Attributes in the Output Response to the COVID-19 Pandemic: A Stochastic Frontier Analysis with the Difference-in-Differences Method
Fecri Karanki,
Siew Hoon Lim
Abstract:Airports are vital to economic development, the connectivity of people and services, and the movement of goods. Moreover, airports are critical infrastructure for the COVID-19 response. In this study, we attempt to examine the impacts of the COVID-19 pandemic on U.S. airports’ outputs. Specifically, our analysis focuses on the impact on output with respect to airport size, legacy carriers’ hubs, and multi-airport systems. Using the data on 59 U.S. hub airports in 2019 and 2020 and a stochastic frontier analysi… Show more
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