Presentation Title

Do Airports Operate Efficiently? Evidence from Primary Hub Airports in the U.S.

Presenter Information

Xiaowei SongFollow

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.

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Mar 4th, 12:30 PM Mar 4th, 1:45 PM

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.