New Evidence on the Efficiency of Italian Airports: A Bootstrapped DEA Analysis

Socio-Economic Planning Sciences, Vol. 45, No. 2, pp. 84-93, June 2011

Posted: 13 May 2011 Last revised: 23 May 2011

See all articles by Claudia Curi

Claudia Curi

Free University of Bolzano-Bozen, Faculty of Economics and Management

Simone Gitto

University of Rome Tor Vergata

Paolo Mancuso

University of Roma Tor Vergata

Date Written: May 6, 2011

Abstract

A bootstrapped DEA procedure is used to estimate technical efficiency of 18 Italian airports during the period 2000-2004. Departing from previous studies, we separate the efficiency related to ability to manage airside activities (operational) from that related to the management of all business activities (financial). In general, Italian airports operate at poor levels of efficiency, with slightly better performance in terms of their financial activities. In the current study, selected intrinsic and environmental characteristics are considered as possible drivers of Italian airport performance. In particular, we found that: (i) the airport dimension does not allows for operational efficiency advantages, (ii) on the other hand, the airport dimension allows for financial efficiency advantages for the case of hubs and disadvantages for the case of the smallest airports (iii) the type(s) of concession agreement(s) might be considered as important source of technical efficiency differentials for those airports running marginal commercial activities; (iv) the introduction of a dual-till price cap regulation might create incentives which lead to the increase of financial efficiency at the detriment of the operational performance. Lastly, the development of a second hub (Milano Malpensa), has negatively affected the performance of the country’s national hub (Roma Fiumicino).

Keywords: Airport efficiency, Bootstrapping DEA, Returns to scale

Suggested Citation

Curi, Claudia and Gitto, Simone and Mancuso, Paolo, New Evidence on the Efficiency of Italian Airports: A Bootstrapped DEA Analysis (May 6, 2011). Socio-Economic Planning Sciences, Vol. 45, No. 2, pp. 84-93, June 2011 , Available at SSRN: https://ssrn.com/abstract=1833331

Claudia Curi (Contact Author)

Free University of Bolzano-Bozen, Faculty of Economics and Management ( email )

Universitätsplatz 1-Piazza Università 1
Bozen-Bolzano, Bolzano 39100
Italy
+39 0471 13498 (Phone)

Simone Gitto

University of Rome Tor Vergata ( email )

Via di Tor Vergata
Rome, Lazio 00133
Italy

Paolo Mancuso

University of Roma Tor Vergata ( email )

Via di Tor Vergata
Roma, Lazio
Italy

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