The Effect of Governance Forms on North American Airport Efficiency: A Comparative Analysis of Airport Authority vs. Government Branch

Vista sencilla de ítem
dc.creatorZhao, Qi
dc.creatorChoo, Yap Y.
dc.creatorOum, Tae H.
dc.date2017-04-01T19:36:35Z
dc.date.accessioned2026-07-09T09:27:50Z
dc.descriptionThis paper applies a stochastic cost frontier model to a panel of 54 major airports over 2002-2008 to examine how the two dominant governance forms of publicly owned airports in the United States and Canada, namely, operation and governance by a government (city, county, or state) branch, or by an airport authority, affect airport efficiency performance. Our key findings are (a) airports operated by an airport authority achieve higher cost efficiency (on average, 14% higher technical efficiency) than those operated by a government branch; (b) airports operated by a government branch have lower labor share than those operated by an airport authority; and (c) there is no statistically significant difference in the efficiency performance between airports operated by U.S. airport authorities and Canadian airport authorities.
dc.identifierdoi:10.22004/ag.econ.207437
dc.identifierhttps://ageconsearch.umn.edu/record/207437/files/2014v53n2_06_AirportEfficiency.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/207437
dc.identifier.urihttp://hdl.handle.net/123456789/609216
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/207437
dc.titleThe Effect of Governance Forms on North American Airport Efficiency: A Comparative Analysis of Airport Authority vs. Government Branch
dc.typeText

Archivos

Colecciones

University of Minnesota