Technical Efficiency of UK Airports
JOURNAL
YEAR
Sep 21, 2008
TYPE
Articles in journals
AUTHORS
Barros, C.
VOL Nº
14
PAGES
3
ABSTRACT
In this paper, the innovative random stochastic frontier model is used to estimate the technical efficiency of UK airports. These airports are ranked according to their total productivity for the period 2000-2005 and homogenous and heterogeneous variables in the cost function are disentangled, which leads us to advise the implementation of common policies as well as policies by segments. Economic implications arising from the study are also considered.
JEL CLASS
KEYWORDS
Airports,UK,efficiency,Random frontier models,Policy implications,