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 language | English |
|---|---|
| Title of host publication | Advances in Spatial Science |
| Publisher | Springer Science and Business Media Deutschland GmbH |
| Pages | 247-272 |
| Number of pages | 26 |
| DOIs | |
| State | Published - 2023 |
Publication series
| Name | Advances in Spatial Science |
|---|---|
| ISSN (Print) | 1430-9602 |
| ISSN (Electronic) | 2197-9375 |
Bibliographical note
Publisher Copyright:© 2023, Springer Nature Switzerland AG.
Keywords
- Benchmarking
- Data envelopment analysis
- Efficiency
- Market structure
- Performance
- Regulation
- Stochastic frontier analysis
- Total factor productivity
