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 inTransportation research. Part A, Policy and practice Vol. 40; no. 2; pp. 95 - 105
Main Authors Inglada, Vicente, Rey, Belen, Rodríguez-Alvarez, Ana, Coto-Millan, Pablo
Format Journal Article
LanguageEnglish
Published Kidlington Elsevier Ltd 01.02.2006
Elsevier
SeriesTransportation Research Part A: Policy and Practice
Subjects
Air transport
Air transportation and traffic
Applied sciences
Deregulation
Efficiency
Exact sciences and technology
Ground, air and sea transportation, marine construction
Stochastic frontier
Transportation planning, management and economics
Asia
Air transport
Deregulation
Stochastic frontier
Efficiency
Economic analysis
Stochastic analysis
Liberalisation
Cost function
Air transportation
Transport firm
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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.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:0965-8564
1879-2375
DOI:10.1016/j.tra.2005.04.006