A Benchmarking Analysis of the Brazilian Airport Infrastructure<BR> An Application of the Expected Minimum Input Frontier
This paper assesses the technical efficiency (TE) of the infrastructure of sixty-three major airports in Brazil. We use the order-m approach in which airports are benchmarked against an expected minimum input frontier. Despite being a non-parametric estimator, the order-m is robust to noise in the data, outliers, and extreme values. In addition, the approach is able to rank airports successfully even in a small sample, a characteristic unusual for traditional non-parametric estimators. We find that international airports are more efficient than domestic ones. We also find evidence that order-m TE estimation of domestic and international airports must be done separately. © 2014 LSE and the University of Bath
Year of publication: |
2014
|
---|---|
Authors: | Oliveira-Neto, Francisco ; Pontes, Paulo ; Wichmann, Bruno |
Published in: |
Journal of Transport Economics and Policy. - London School of Economics and University of Bath, ISSN 0022-5258. - Vol. 48.2014, 2, p. 297-313
|
Publisher: |
London School of Economics and University of Bath |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Oliveira-Neto, Francisco, (2014)
-
Nonparametric estimation of a primary care production function in urban Brazil
Wichmann, Bruno, (2020)
-
Social networks and choice set formation in discrete choice models
Wichmann, Bruno, (2016)
- More ...