Do Airports Operate Efficiently? Evidence from Primary Hub Airports in the U.S.
Advisor Information
Professor Carol Ebdon
Location
MBSC Gallery Room 308 - G
Presentation Type
Oral Presentation
Start Date
4-3-2022 12:30 PM
End Date
4-3-2022 1:45 PM
Abstract
Airports are a fundamental component of the U.S. air transportation infrastructure. However, the deteriorating and underinvesting aviation infrastructure raises concerns over its capacity to meet the growing air travel demand. It further highlights the significance of airport efficiency and productivity. Drawing from a panel data set of 133 U.S. primary commercial service airports from 2009 to 2019, this research conducts a production frontier analysis to measure airport efficiency and productivity. The results show that US primary hub airports from 2009 to 2019, on average, have a slightly positive TFP growth (0.04%), despite the deteriorating airport infrastructure.
Scheduling Link
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Do Airports Operate Efficiently? Evidence from Primary Hub Airports in the U.S.
MBSC Gallery Room 308 - G
Airports are a fundamental component of the U.S. air transportation infrastructure. However, the deteriorating and underinvesting aviation infrastructure raises concerns over its capacity to meet the growing air travel demand. It further highlights the significance of airport efficiency and productivity. Drawing from a panel data set of 133 U.S. primary commercial service airports from 2009 to 2019, this research conducts a production frontier analysis to measure airport efficiency and productivity. The results show that US primary hub airports from 2009 to 2019, on average, have a slightly positive TFP growth (0.04%), despite the deteriorating airport infrastructure.