Technical efficiency, regulation and heterogeneity in Japanese airports

Carlos Pestana Barros, Shunsuke Managi, Yuichiro Yoshida

Research output: Contribution to journalArticle

7 Citations (Scopus)

Abstract

In this paper, the random stochastic frontier model is used to estimate the technical efficiency of Japanese airports, with regulation and heterogeneity included in the variables. The airports are ranked according to their productivity for the period 1987-2005 and homogeneous and heterogeneous variables in the cost function are disentangled. Policy implications are derived.

Original languageEnglish
Pages (from-to)685-696
Number of pages12
JournalPacific Economic Review
Volume15
Issue number5
DOIs
Publication statusPublished - 2010 Dec 1

ASJC Scopus subject areas

  • Economics and Econometrics

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