TY - JOUR
T1 - Efficiency and patterns of service mix in airport companies
T2 - An input distance function approach
AU - Abrate, Graziano
AU - Erbetta, Fabrizio
PY - 2010/9
Y1 - 2010/9
N2 - 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.
AB - 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.
KW - Airport industry
KW - Cost complementarities
KW - Efficiency measurement
KW - Input distance function
KW - Outsourcing
UR - http://www.scopus.com/inward/record.url?scp=77952673266&partnerID=8YFLogxK
U2 - 10.1016/j.tre.2009.12.003
DO - 10.1016/j.tre.2009.12.003
M3 - Article
SN - 1366-5545
VL - 46
SP - 693
EP - 708
JO - Transportation Research, Part E: Logistics and Transportation Review
JF - Transportation Research, Part E: Logistics and Transportation Review
IS - 5
ER -