We analyse the effect of competition on technical efficiency of Italian airports by applying a novel conditional nonparametric frontier analysis for the first time to the airport industry. We find that competition affects mostly the frontier of best performers, whilst airports that are lagging behind are less influenced. A novel two stage approach shows that, on average, competition has a negative impact on technical efficiency. We estimate a measure of pure efficiency, whitened from the main effect of the competition, whose distribution has a bi-modal shape, indicating the existence of two differently managed groups of airports.

Competition and efficiency in the Italian airport system: New insights from a conditional nonparametric frontier analysis / D'Alfonso, Tiziana; Daraio, Cinzia; Nastasi, Alberto. - In: TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW. - ISSN 1366-5545. - 80:(2015), pp. 20-38. [10.1016/j.tre.2015.05.003]

Competition and efficiency in the Italian airport system: New insights from a conditional nonparametric frontier analysis

D'ALFONSO, TIZIANA
;
DARAIO, CINZIA
;
NASTASI, Alberto
2015

Abstract

We analyse the effect of competition on technical efficiency of Italian airports by applying a novel conditional nonparametric frontier analysis for the first time to the airport industry. We find that competition affects mostly the frontier of best performers, whilst airports that are lagging behind are less influenced. A novel two stage approach shows that, on average, competition has a negative impact on technical efficiency. We estimate a measure of pure efficiency, whitened from the main effect of the competition, whose distribution has a bi-modal shape, indicating the existence of two differently managed groups of airports.
2015
Competition; Conditional efficiency; DEA; Italian airports; Two-stage analysis; Business and International Management; Management Science and Operations Research; Transportation
01 Pubblicazione su rivista::01a Articolo in rivista
Competition and efficiency in the Italian airport system: New insights from a conditional nonparametric frontier analysis / D'Alfonso, Tiziana; Daraio, Cinzia; Nastasi, Alberto. - In: TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW. - ISSN 1366-5545. - 80:(2015), pp. 20-38. [10.1016/j.tre.2015.05.003]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11573/864142
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