The cost efficiency of Australian airports post privatisation: a Bayesian methodology
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Assaf, Albert (2010) The cost efficiency of Australian airports post privatisation: a Bayesian methodology. Tourism Management, 31 (2). pp. 267-273. ISSN 0261-5177
Abstract
This paper reports on the cost efficiency of Australian airports using a Bayesian panel stochastic frontier model. With data from 2002 to 2007, the paper focuses mainly on the post privatisation period of Australian airports. The results show that the cost efficiency of Australian airports has increased over time to reach a high value of 90.08% in 2007. The paper discusses the potential impact of factors such as privatisation, price cap regulations and capital investments on the current efficiency level of Australian airports.
Item type | Article |
URI | https://vuir.vu.edu.au/id/eprint/7122 |
Official URL | http://www.sciencedirect.com/science/article/pii/S... |
Subjects | Historical > Faculty/School/Research Centre/Department > School of Economics and Finance Historical > FOR Classification > 1402 Applied Economics Historical > FOR Classification > 1403 Econometrics |
Keywords | ResPubID21577. airports, Australia, privatisation, stochastic frontier analysis, Bayesian, cost efficiency, Australian airports |
Citations in Scopus | 40 - View on Scopus |
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