Abstract
In this paper an input distance function approach is used to evaluate efficiency and technological characteristics of Italian airport companies for the period 2000-2005. This approach is robust to deviations from neoclassical paradigm in terms of cost-minimizing behavior. Duality relationship between the input distance function and the shadow cost function is exploited to derive cost complementarities among outputs. Empirical findings are used to discuss the economic implications connected to changes in airport organization, involving in particular outsourcing of handling operations and development of commercial activities.
| Original language | English |
|---|---|
| Pages (from-to) | 693-708 |
| Number of pages | 16 |
| Journal | Transportation Research, Part E: Logistics and Transportation Review |
| Volume | 46 |
| Issue number | 5 |
| DOIs | |
| Publication status | Published - Sept 2010 |
Keywords
- Airport industry
- Cost complementarities
- Efficiency measurement
- Input distance function
- Outsourcing
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