Measuring the Technical Efficiency of Airports in Latin America

This paper studies the technical efficiency of airports in Latin America. The evolution of productive efficiency in the region has seldom been studied, mainly due to lack of publicly available data. Relying on a unique dataset that was obtained thr...

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Main Authors:	Perelman, Sergio, Serebrisky, Tomas
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	ACADEMIC RESEARCH AERONAUTICAL TARIFFS AIR CARGO AIR TRANSPORT AIR TRANSPORT MARKET AIR TRANSPORT SECTOR AIRCRAFT AIRCRAFT MOVEMENTS AIRLINE AIRLINES AIRPORT AIRPORT BUSINESS AIRPORT CAPACITY AIRPORT CHARGES AIRPORT CONCESSIONS AIRPORT EFFICIENCY AIRPORT MANAGERS AIRPORT OPERATIONAL CONSTRAINTS AIRPORT OPERATORS AIRPORT SECTOR AIRPORT SERVICES AIRPORT SIZE AIRPORT SPECIFIC BEST PRACTICE BEST PRACTICES BOUNDARIES BRIDGE CAPITAL INPUTS CAPITAL INVESTMENTS CAPITAL STOCK CIVIL AVIATION CIVIL AVIATION AUTHORITY COMMERCIAL AIRPORTS COMMERCIAL REVENUES CONSTRUCTION DISCUSSIONS DRIVERS ECONOMIC EFFICIENCY EFFECTS OF OWNERSHIP EFFICIENCY OF AIRPORTS FINANCIAL EFFICIENCY FREIGHT GROWTH RATES HUB HUB AIRPORT HUB AIRPORTS IDEAS INFERENCE INTERNATIONAL AIRPORT INTUITION NUMBER OF AIRCRAFT NUMBER OF AIRCRAFT MOVEMENTS OPERATION OF AIRPORTS OUTSOURCING PASSENGER PASSENGERS PLANES PRIVATE OPERATORS PRIVATE SECTOR PARTICIPATION PRODUCTIVITY RANGE REFERENCE RUNWAY RUNWAYS SINGLE CONCESSION TERMINAL TERMINALS TOTAL AIR TRAFFIC TRANSPORT ECONOMICS TRANSPORT MANAGEMENT TRANSPORT POLICY TRANSPORT RESEARCH TRANSPORTATION TRANSPORTATION RESEARCH UPPER VARIETY
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100615083006 http://hdl.handle.net/10986/3824

id	okr-10986-3824
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spelling	okr-10986-38242021-04-23T14:02:13Z Measuring the Technical Efficiency of Airports in Latin America Perelman, Sergio Serebrisky, Tomas ACADEMIC RESEARCH AERONAUTICAL TARIFFS AIR CARGO AIR TRANSPORT AIR TRANSPORT MARKET AIR TRANSPORT SECTOR AIRCRAFT AIRCRAFT MOVEMENTS AIRLINE AIRLINES AIRPORT AIRPORT BUSINESS AIRPORT CAPACITY AIRPORT CHARGES AIRPORT CONCESSIONS AIRPORT EFFICIENCY AIRPORT MANAGERS AIRPORT OPERATIONAL CONSTRAINTS AIRPORT OPERATORS AIRPORT SECTOR AIRPORT SERVICES AIRPORT SIZE AIRPORT SPECIFIC BEST PRACTICE BEST PRACTICES BOUNDARIES BRIDGE CAPITAL INPUTS CAPITAL INVESTMENTS CAPITAL STOCK CIVIL AVIATION CIVIL AVIATION AUTHORITY COMMERCIAL AIRPORTS COMMERCIAL REVENUES CONSTRUCTION DISCUSSIONS DRIVERS ECONOMIC EFFICIENCY EFFECTS OF OWNERSHIP EFFICIENCY OF AIRPORTS FINANCIAL EFFICIENCY FREIGHT GROWTH RATES HUB HUB AIRPORT HUB AIRPORTS IDEAS INFERENCE INTERNATIONAL AIRPORT INTUITION NUMBER OF AIRCRAFT NUMBER OF AIRCRAFT MOVEMENTS OPERATION OF AIRPORTS OUTSOURCING PASSENGER PASSENGERS PLANES PRIVATE OPERATORS PRIVATE SECTOR PARTICIPATION PRODUCTIVITY RANGE REFERENCE RUNWAY RUNWAYS SINGLE CONCESSION TERMINAL TERMINALS TOTAL AIR TRAFFIC TRANSPORT ECONOMICS TRANSPORT MANAGEMENT TRANSPORT POLICY TRANSPORT RESEARCH TRANSPORTATION TRANSPORTATION RESEARCH UPPER VARIETY This paper studies the technical efficiency of airports in Latin America. The evolution of productive efficiency in the region has seldom been studied, mainly due to lack of publicly available data. Relying on a unique dataset that was obtained through questionnaires distributed to airport operators, the authors use Data Envelopment Analysis methods to compute an efficient production frontier and compare the technical efficiency of Latin American airports relative to airports around the world. In a second stage, they estimate a truncated regression to study the drivers of observed differences in airport efficiency. According to the results, institutional variables (private/public operation), the socioeconomic environment (level of gross domestic product), and airport characteristics (hub airport, share of commercial revenues) matter in explaining airport productive efficiency. Finally, the authors compute total factor productivity changes for Latin American airports for 1995-2007. The region has implemented a wide variety of private sector participation schemes for the operation of airports since the mid 1990s. The results show that private operators have not had higher rates of total factor productivity change. 2012-03-19T18:40:28Z 2012-03-19T18:40:28Z 2010-06-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100615083006 http://hdl.handle.net/10986/3824 English Policy Research working paper ; no. WPS 5339 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper Latin America & Caribbean Latin America & Caribbean
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ACADEMIC RESEARCH AERONAUTICAL TARIFFS AIR CARGO AIR TRANSPORT AIR TRANSPORT MARKET AIR TRANSPORT SECTOR AIRCRAFT AIRCRAFT MOVEMENTS AIRLINE AIRLINES AIRPORT AIRPORT BUSINESS AIRPORT CAPACITY AIRPORT CHARGES AIRPORT CONCESSIONS AIRPORT EFFICIENCY AIRPORT MANAGERS AIRPORT OPERATIONAL CONSTRAINTS AIRPORT OPERATORS AIRPORT SECTOR AIRPORT SERVICES AIRPORT SIZE AIRPORT SPECIFIC BEST PRACTICE BEST PRACTICES BOUNDARIES BRIDGE CAPITAL INPUTS CAPITAL INVESTMENTS CAPITAL STOCK CIVIL AVIATION CIVIL AVIATION AUTHORITY COMMERCIAL AIRPORTS COMMERCIAL REVENUES CONSTRUCTION DISCUSSIONS DRIVERS ECONOMIC EFFICIENCY EFFECTS OF OWNERSHIP EFFICIENCY OF AIRPORTS FINANCIAL EFFICIENCY FREIGHT GROWTH RATES HUB HUB AIRPORT HUB AIRPORTS IDEAS INFERENCE INTERNATIONAL AIRPORT INTUITION NUMBER OF AIRCRAFT NUMBER OF AIRCRAFT MOVEMENTS OPERATION OF AIRPORTS OUTSOURCING PASSENGER PASSENGERS PLANES PRIVATE OPERATORS PRIVATE SECTOR PARTICIPATION PRODUCTIVITY RANGE REFERENCE RUNWAY RUNWAYS SINGLE CONCESSION TERMINAL TERMINALS TOTAL AIR TRAFFIC TRANSPORT ECONOMICS TRANSPORT MANAGEMENT TRANSPORT POLICY TRANSPORT RESEARCH TRANSPORTATION TRANSPORTATION RESEARCH UPPER VARIETY
spellingShingle	ACADEMIC RESEARCH AERONAUTICAL TARIFFS AIR CARGO AIR TRANSPORT AIR TRANSPORT MARKET AIR TRANSPORT SECTOR AIRCRAFT AIRCRAFT MOVEMENTS AIRLINE AIRLINES AIRPORT AIRPORT BUSINESS AIRPORT CAPACITY AIRPORT CHARGES AIRPORT CONCESSIONS AIRPORT EFFICIENCY AIRPORT MANAGERS AIRPORT OPERATIONAL CONSTRAINTS AIRPORT OPERATORS AIRPORT SECTOR AIRPORT SERVICES AIRPORT SIZE AIRPORT SPECIFIC BEST PRACTICE BEST PRACTICES BOUNDARIES BRIDGE CAPITAL INPUTS CAPITAL INVESTMENTS CAPITAL STOCK CIVIL AVIATION CIVIL AVIATION AUTHORITY COMMERCIAL AIRPORTS COMMERCIAL REVENUES CONSTRUCTION DISCUSSIONS DRIVERS ECONOMIC EFFICIENCY EFFECTS OF OWNERSHIP EFFICIENCY OF AIRPORTS FINANCIAL EFFICIENCY FREIGHT GROWTH RATES HUB HUB AIRPORT HUB AIRPORTS IDEAS INFERENCE INTERNATIONAL AIRPORT INTUITION NUMBER OF AIRCRAFT NUMBER OF AIRCRAFT MOVEMENTS OPERATION OF AIRPORTS OUTSOURCING PASSENGER PASSENGERS PLANES PRIVATE OPERATORS PRIVATE SECTOR PARTICIPATION PRODUCTIVITY RANGE REFERENCE RUNWAY RUNWAYS SINGLE CONCESSION TERMINAL TERMINALS TOTAL AIR TRAFFIC TRANSPORT ECONOMICS TRANSPORT MANAGEMENT TRANSPORT POLICY TRANSPORT RESEARCH TRANSPORTATION TRANSPORTATION RESEARCH UPPER VARIETY Perelman, Sergio Serebrisky, Tomas Measuring the Technical Efficiency of Airports in Latin America
geographic_facet	Latin America & Caribbean Latin America & Caribbean
relation	Policy Research working paper ; no. WPS 5339
description	This paper studies the technical efficiency of airports in Latin America. The evolution of productive efficiency in the region has seldom been studied, mainly due to lack of publicly available data. Relying on a unique dataset that was obtained through questionnaires distributed to airport operators, the authors use Data Envelopment Analysis methods to compute an efficient production frontier and compare the technical efficiency of Latin American airports relative to airports around the world. In a second stage, they estimate a truncated regression to study the drivers of observed differences in airport efficiency. According to the results, institutional variables (private/public operation), the socioeconomic environment (level of gross domestic product), and airport characteristics (hub airport, share of commercial revenues) matter in explaining airport productive efficiency. Finally, the authors compute total factor productivity changes for Latin American airports for 1995-2007. The region has implemented a wide variety of private sector participation schemes for the operation of airports since the mid 1990s. The results show that private operators have not had higher rates of total factor productivity change.
format	Publications & Research :: Policy Research Working Paper
author	Perelman, Sergio Serebrisky, Tomas
author_facet	Perelman, Sergio Serebrisky, Tomas
author_sort	Perelman, Sergio
title	Measuring the Technical Efficiency of Airports in Latin America
title_short	Measuring the Technical Efficiency of Airports in Latin America
title_full	Measuring the Technical Efficiency of Airports in Latin America
title_fullStr	Measuring the Technical Efficiency of Airports in Latin America
title_full_unstemmed	Measuring the Technical Efficiency of Airports in Latin America
title_sort	measuring the technical efficiency of airports in latin america
publishDate	2012
url	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100615083006 http://hdl.handle.net/10986/3824
_version_	1764388533467873280

Measuring the Technical Efficiency of Airports in Latin America

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