AbstractThis study seeks to explain the productivity growth of Taiwan’s airport sector using a panel data set of 4 airports covering the period from 1995 to 1999. The Malmquist–Luenberger productivity index is modified to accommodate the presence of aircraft noise with the use of the directional output distance function. A window approach is also employed to provide a smoothed-surface frontier. It is found that the annual productivity growth of Taiwan’s airports is as high as 8.0% over this period and ignoring the reduction in undesirable outputs in traditional productivity analysis may seriously bias such upward growth.
Productivity growth of Taiwan’s major domestic airports in the presence of aircraft noise
Transportation Research Part E: Logistics and Transportation Review ; 44 , 3 ; 543-554
2007-01-01
12 pages
Article (Journal)
Electronic Resource
English
Productivity growth of Taiwan’s major domestic airports in the presence of aircraft noise
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