Pels, Eric; Nijkamp, Peter; Rietveld, Piet - In: Transportation Research Part E: Logistics and … 39 (2003) 5, pp. 341-361
In this paper we argue that European airports, on average, are inefficient. Airline inefficiency (low load factors) appears to contribute significantly to airport inefficiency in terms of air passenger movements. We find that the average airport in Europe operates under constant returns to scale...