Highlights ► We study airport technical efficiency including noise and local air pollution in the analysis. ► We perform a DDF model and a second-stage bootstrapping procedure. ► Fleet mix significantly affects technical/environmental efficiency. ► Public airports have higher efficiency scores while LCCs have no effect. ► Policy makers could provide an incentive scheme that rewards the greenest airports.
Abstract This paper analyses the efficiency of 33 Italian airports for the period 2005–2008. In addition to conventional outputs, differently from previous contributions, two environmental externalities are considered: noise and local air pollution. We perform a two-stage analysis. First, we implement a directional distance function (DDF) model and get airports’ efficiency scores. Then, we study the factors affecting efficiency using a bootstrapping procedure. We find that the fleet mix significantly affects technical/environmental efficiency. Moreover, we provide evidence that public airports have higher efficiency scores. Last, LCCs have no effect on technical/environmental efficiency.
The influence of fleet mix, ownership and LCCs on airports’ technical/environmental efficiency
2012-09-23
16 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
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