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Liberalisation and efficiency in international air transport
This paper sets out to compare the economic and technical efficiency of international air transport companies, within the new liberalisation framework that characterises the period of 1996–2000. For this purpose, two stochastic frontiers are estimated, one for cost function, the other for production...
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Published in: | Transportation research. Part A, Policy and practice Policy and practice, 2006-02, Vol.40 (2), p.95-105 |
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Main Authors: | , , , |
Format: | Article |
Language: | English |
Subjects: | |
Citations: | Items that this one cites Items that cite this one |
Online Access: | Get full text |
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Summary: | This paper sets out to compare the economic and technical efficiency of international air transport companies, within the new liberalisation framework that characterises the period of 1996–2000. For this purpose, two stochastic frontiers are estimated, one for cost function, the other for production function. From these estimations we obtain indexes for, respectively, economic and technical efficiency. Our evidence suggests that the benefits of increasing competition in terms of efficiency, is being large for the Asian companies. |
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ISSN: | 0965-8564 1879-2375 |
DOI: | 10.1016/j.tra.2005.04.006 |