The cost efficiency of Australian airports post privatisation: A Bayesian methodology

被引：36
作者：
Assaf, A. [1 ]
机构：
[1] Victoria Univ, Ctr Tourism & Serv Res, Melbourne, Vic 8001, Australia
来源：
TOURISM MANAGEMENT | 2010年 / 31卷 / 02期
关键词：
Airports; Australia; Privatisation; Stochastic frontier analysis; Bayesian; PRODUCTION FRONTIERS; PERFORMANCE;
D O I：
10.1016/j.tourman.2009.03.005
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
This paper reports on the cost efficiency of Australian airports using a Bayesian panel stochastic frontier model. With data from 2002 to 2007, the paper focuses mainly on the post privatisation period of Australian airports. The results show that the cost efficiency of Australian airports has increased over time to reach a high value of 90.08% in 2007. The paper discusses the potential impact of factors such as privatisation, price cap regulations and capital investments on the current efficiency level of Australian airports. (C) 2009 Elsevier Ltd. All rights reserved.
引用
收藏
页码：267 / 273
页数：7
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