Ownership Forms Matter for Airport Efficiency: A Stochastic Frontier Investigation of Worldwide Airports
| dc.creator | Oum, Tae H. | |
| dc.creator | Yan, Jia | |
| dc.creator | Yu, Chunyan | |
| dc.date | 2017-04-01T14:58:22Z | |
| dc.date.accessioned | 2026-07-09T09:28:20Z | |
| dc.description | We study the effects of ownership forms on airports’ cost efficiency by applying stochastic frontier analysis to a panel data of the world’s major airports. Our key findings are: (a) Countries considering privatization of airports should transfer majority shares to the private sector; (b) Mixed ownership of airport with a government majority should be avoided in favor of even 100% government owned public firm; (c) U.S. airports operated by port authorities should consider to transfer ownership/management to independent airport authorities; and (d) Privatization of one or more airports in cities with multiple airports would improve the efficiency of all airports. | |
| dc.identifier | doi:10.22004/ag.econ.207604 | |
| dc.identifier | https://ageconsearch.umn.edu/record/207604/files/2009_31_OwnershipForms_paper.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/207604 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/609257 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/207604 | |
| dc.title | Ownership Forms Matter for Airport Efficiency: A Stochastic Frontier Investigation of Worldwide Airports | |
| dc.type | Text |