This study uses the Bootstrap methodology to measure the productivity changes of US airports with a Malmquist index, from the 2002-2007 adopting the Gillen and Lall (1997, 2001) approach. The results are mixed for the sample of airports analyzed. The study relates the results to the current and...

This paper proposes a framework for benchmarking European co-operative banks and the rationalization of their operational activities. The analysis is based on the Luenberger productivity indicator. A key advantage of this method is that it allows for both input contraction and output expansion...

This paper analyzes regulation, ownership and unobserved managerial ability as factors affecting the performance of a representative sample of European airports by means of frontier models. The Alvarez, Arias and Greene (2004) frontier model is used. These airports are ranked according to their...

In this paper we examine the effects of asymmetric information on the nature of financial equilibrium and on the capital structure of firms. In the first model presented, the financial contracts on offer involve pooling equilibrium with no adverse selection. However, in the special case...

In this paper, the random stochastic frontier model is used to estimate the technical efficiency of Japanese airports taking into regulation and heterogeneity in the variables. The airports are ranked according to their productivity for the period 1987 to 2005 and homogenous and heterogeneous...

This article analyses the determinants of the length of stay of Portuguese tourists taking vacations in Latin America, based on a questionnaire distributed on flights of a Portuguese charter airline, Air Luxor. A survival model is adopted to measure the relationship between vacation length and...

In this paper we analyse the socio-economic characteristics (e.g. age, gender, education, nationality) associated with the probability of subscribing to an art review, among visitors of the Visual Arts Biennale of Venice taking into account the heterogeneity of the data. The analysis uses a data...

In this paper the efficiency and performance is evaluated for 22 seaports in the region of East Africa and the Middle East. The aim of our study is to compare seaports situated on the maritime trade road between the East and the West. These are considered as middledistance ports at which goods...

In this paper, the two innovative nonparametric models, the Luenberger productivity model and Luenberger–Hicks–Moorsteen productivity indicator are used to estimate the productivity of UK airports. These airports are ranked according to their total productivity for the period 2000- 2005...

This paper uses data envelopment analysis (DEA) to evaluate the performance of Nigerian insurance companies, from 2001 to 2005, combining operational and financial variables. The paper also analyses the situations of these companies in relation to the frontier of best practices. In addition, it...