dc.contributor.author | Chaouk, Mohammed | |
dc.contributor.author | Pagliari, Romano | |
dc.contributor.author | Moxon, Richard | |
dc.date.accessioned | 2020-02-14T14:55:14Z | |
dc.date.available | 2020-02-14T14:55:14Z | |
dc.date.issued | 2019-10-28 | |
dc.identifier.citation | Chaouk M, Pagliari R, Moxon R. (2020) The impact of national macro-environment exogenous variables on airport efficiency. Journal of Air Transport Management, Volume 82, January 2020, Article number 101740 | en_UK |
dc.identifier.issn | 0969-6997 | |
dc.identifier.uri | httsp://doi.org/10.1016/j.jairtraman.2019.101740 | |
dc.identifier.uri | https://dspace.lib.cranfield.ac.uk/handle/1826/15136 | |
dc.description.abstract | Our paper tests the extent to which airport efficiency is affected by national macro-environmental factors. The literature on airport performance measurement is extensive but has tended to focus mainly on estimating the effects on efficiency from what are mostly endogenous variables. We undertake a two-stage analysis of 59 international airports observations in the Europe and Asia-Pacific regions. The first stage involves the use of Data Envelopment Analysis (DEA) to measure the efficiency of these airports. This is followed by a second stage, where we use a Truncated Regression model that incorporates the Simar and Wilson bootstrapping technique to test the extent to which a set of macro-environmental factors affect airport efficiency. Results reveal that a state's air transport sector output, institutional quality and robustness, the macro-economic environment, safety and security, and human development, all have a significant influence on the performance of airports. The result of this study fills the gap in the literature related to the non-discretionary variables affecting the performance of airports. It also suggests that policymakers and airport managers consider the identified factors when benchmarking airports. | en_UK |
dc.language.iso | en | en_UK |
dc.publisher | Elsevier | en_UK |
dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 International | * |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/ | * |
dc.subject | Airports efficiency | en_UK |
dc.subject | DEA method | en_UK |
dc.subject | Truncated regression | en_UK |
dc.subject | Tobit regression | en_UK |
dc.subject | Macro-environmental factors | en_UK |
dc.subject | Exogenous factors | en_UK |
dc.title | The impact of national macro-environment exogenous variables on airport efficiency | en_UK |
dc.type | Article | en_UK |
dc.identifier.cris | 25256391 |
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