Scale economies and marginal costs in Spanish airports

Transportation Research Part E: Logistics and Transportation Review

Volumn 47, Issue 2, 2011, Pages 238-248

  Martín, Juan Carlos ^a   Román, Concepción ^a   Voltes Dorta, Augusto ^a  

^a UNIVERSITY OF LAS PALMAS DE GRAN CANARIA   (Spain)

Author keywords

Airports' cost function; Marginal costs; Scale economies; Translog system

Indexed keywords

AIRPORTS; COST BENEFIT ANALYSIS; ECONOMICS;

AIRPORT' COST FUNCTION; COMPARATIVE ANALYZES; COST-FUNCTION; ECONOMY OF SCALE; MARGINAL COSTS; SCALE ECONOMIES; SPANISH AIRPORTS; TECHNOLOGICAL FEATURE; TRANSLOG; TRANSLOG SYSTEM;

COST FUNCTIONS;

AIRPORT; COST; ECONOMY OF SCALE; TECHNOLOGICAL DEVELOPMENT; TRANSPORTATION ECONOMICS;

SPAIN;

EID: 78650305845     PISSN: 13665545     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.tre.2010.09.007     Document Type: Article

References (21)

1. Allen R. Mathematical Analysis for Economists 1938, St. Martin's, New York.
2. Bel G., Fageda X. Privatization, regulation and airport pricing: an empirical analysis for Europe. Journal of Regulatory Economics 2009, 37(1):1-20.
3. Caves D.W., Christensen L.R. The importance of economies of scale, capacity utilisation, and density in explaining interindustry differences in productivity growth. The Logistic and Transportation Review 1988, 24:3-31.
4. Christensen L.R., Jorgenson D.W., Lau L. Transcendental logarithmic. Production frontiers. Review of Economics and Statistics 1973, 55(1):28-45.
5. The Airport Business 1992, Routledge, London. R.S. Doganis (Ed.).
6. The Economics of British Airports 1973, Transport Studies Group, London. R.S. Doganis, G.F. Thompson (Eds.).
7. Doganis R.S., Thompson G.F. Establishing airport cost and revenue functions. The Aeronautical Journal 1974, 78:285-304.
8. Jara-Díaz S.R. Freight Transportation multioutput analysis. Transportation Research A 1983, 17(6):429-438.
9. Jeong, J., 2005. An Investigation of Operating Cost of Airports: Focus on the Effect of Output Scale, MsC Thesis. University of British Columbia.
10. Keeler T. Airport costs and congestion. The American Economist 1970, 14:47-53.
11. Link, H., Götze, W., Himanen, V., (Eds.), Estimating the Marginal Costs of Airport Operation by Using Multivariate Time Series With Correlated Error Terms. Insttitut für Verkehrswissenschaft Diskussionspapier Nr 11, Berlin.
12. Central Scotland Airport Study 2003, The David Hume Institute, Edinburgh. B.G.M. Main, B. Lever, J. Crook (Eds.).
13. Morrison S.A. Estimation of long-run prices and investment levels for airport runways. Research in Transportation Economics I 1983, 103-130. JAI Press, Greenwich, CT. T.E. Keeler (Ed.).
14. Morrison W.G. Understanding the complexities and challenges of airport performance benchmarking. Journal of Airport Management 2009, 3(2):145-158.
15. Oum T.H., Waters W. A survey of recent developments in transportation cost function research. Logistics Transportation Review 1996, 32(4):423-463.
16. Oum T.H., Yan J., Yu C. Ownership forms matter for airport efficiency: a stochastic frontier investigation of worldwide airports. Journal of Urban Economics 2008, 64:422-435.
17. Panzar J., Willig R. Economies of scale in multioutput production. Quarterly Journal of Economics 1977, 91:481-493.
18. Pels E., Nijkamp P., Rietveld P. Inefficiency and scale economics of European Airport Operations. Transportation Research Part E 2003, 39:341-361.
19. Starkie D. Testing the regulatory model: the expansion of Stansted airport. Fiscal Studies 2004, 25(4):389-413.
20. Tolofari, S., Ashford, N.J., Caves, R.E., (Eds.), 1990. The Cost of Air Service Fragmentation, Department of Transport Technology, University of Loughborough.
21. Zellner A. An efficient method of estimating Seemingly Unrelated Regressions and test of aggregation bias. Journal of the American Statistical Association 1962, 57:348-368.