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Greek airports: Efficiency measurement and analysis of determinants

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  • Tsekeris, Theodore

Abstract

This paper presents a performance evaluation of the Greek airports considering their relative technical efficiencies and factors determining these determinants. The analysis shows the importance of seasonality in demand on the performance of the airports, and the effect of location, size and operating characteristics on their technical efficiency, signifying peculiarities of the Greek airport system.

Suggested Citation

  • Tsekeris, Theodore, 2011. "Greek airports: Efficiency measurement and analysis of determinants," Journal of Air Transport Management, Elsevier, vol. 17(2), pages 140-142.
    • Handle: RePEc:eee:jaitra:v:17:y:2011:i:2:p:140-142
    DOI: 10.1016/j.jairtraman.2010.06.002
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    References listed on IDEAS

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    1. Buchinsky, Moshe, 1994. "Changes in the U.S. Wage Structure 1963-1987: Application of Quantile Regression," Econometrica, Econometric Society, vol. 62(2), pages 405-458, March.
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    1. Örkcü, H. Hasan & Balıkçı, Cemal & Dogan, Mustafa Isa & Genç, Aşır, 2016. "An evaluation of the operational efficiency of turkish airports using data envelopment analysis and the Malmquist productivity index: 2009–2014 case," Transport Policy, Elsevier, vol. 48(C), pages 92-104.
    2. Fragoudaki, Alexandra & Giokas, Dimitrios, 2020. "Airport efficiency in the dawn of privatization: The case of Greece," Journal of Air Transport Management, Elsevier, vol. 86(C).
    3. Gitto, Simone & Mancuso, Paolo, 2012. "Two faces of airport business: A non-parametric analysis of the Italian airport industry," Journal of Air Transport Management, Elsevier, vol. 20(C), pages 39-42.
    4. Jiang, Yonglei & Liao, Feixiong & Xu, Qi & Yang, Zhongzhen, 2019. "Identification of technology spillover among airport alliance from the perspective of efficiency evaluation: The case of China," Transport Policy, Elsevier, vol. 80(C), pages 49-58.
    5. José Solana-Ibáñez & Manuel Caravaca-Garratón & Lorena Para-González, 2016. "Two-Stage Data Envelopment Analysis of Spanish Regions: Efficiency Determinants and Stability Analysis," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 10(3), September.
    6. Thomas, Nivea & Jha, Kumar Neeraj, 2022. "Structural efficiency assessment of regional airports: Lessons from India," Utilities Policy, Elsevier, vol. 79(C).
    7. Martín, Juan Carlos & Rodríguez-Déniz, Héctor & Voltes-Dorta, Augusto, 2013. "Determinants of airport cost flexibility in a context of economic recession," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 57(C), pages 70-84.
    8. Fragoudaki, Alexandra & Giokas, Dimitriοs & Glyptou, Kyriaki, 2016. "Efficiency and productivity changes in Greek airports during the crisis years 2010–2014," Journal of Air Transport Management, Elsevier, vol. 57(C), pages 306-315.
    9. Kaya, Gizem & Aydın, Umut & Karadayı, Melis Almula & Ülengin, Füsun & Ülengin, Burç & İçken, Ayhan, 2022. "Integrated methodology for evaluating the efficiency of airports: A case study in Turkey," Transport Policy, Elsevier, vol. 127(C), pages 31-47.
    10. See, Kok Fong & Li, Fei, 2015. "Total factor productivity analysis of the UK airport industry: A Hicks-Moorsteen index method," Journal of Air Transport Management, Elsevier, vol. 43(C), pages 1-10.
    11. VikniswariVija Kumaran* & Yew Yao Xi & Fan Sui Feng & Ho Xiao Jin & MakKah Weng & Teh Chun Pin & Shelena Soosay Nathan, 2018. "Measuring the Technical Efficiency of Oceania Continent Airports: Does Workload Unit Matters?," The Journal of Social Sciences Research, Academic Research Publishing Group, pages 1120-1124:6.
    12. Voltes-Dorta, Augusto & Pagliari, Romano, 2012. "The impact of recession on airports' cost efficiency," Transport Policy, Elsevier, vol. 24(C), pages 211-222.
    13. Fragoudaki, Alexandra & Giokas, Dimitris, 2016. "Airport performance in a tourism receiving country: Evidence from Greece," Journal of Air Transport Management, Elsevier, vol. 52(C), pages 80-89.
    14. Kan Tsui, Wai Hong & Balli, Hatice Ozer & Gilbey, Andrew & Gow, Hamish, 2014. "Operational efficiency of Asia–Pacific airports," Journal of Air Transport Management, Elsevier, vol. 40(C), pages 16-24.
    15. Paraschi, Elen Paraskevi & Georgopoulos, Antonios & Papatheodorou, Andreas, 2020. "Abiotic determinants of airport performance: Insights from a global survey," Transport Policy, Elsevier, vol. 85(C), pages 33-53.
    16. Edgar Ferreira Damacena & Peter Fernandes Wanke & Henrique Luiz Correa, 2016. "Infrastructure expansion in Brazilian airports: slack analysis using a distance friction minimization approach," DECISION: Official Journal of the Indian Institute of Management Calcutta, Springer;Indian Institute of Management Calcutta, vol. 43(2), pages 181-198, June.
    17. Theodore Tsekeris, 2011. "Public Expenditure Competition in the Transport Sector: Intermodal and Spatial Considerations for Greece," Environment and Planning A, , vol. 43(8), pages 1981-1998, August.
    18. Merkert, Rico & Assaf, A. George, 2015. "Using DEA models to jointly estimate service quality perception and profitability – Evidence from international airports," Transportation Research Part A: Policy and Practice, Elsevier, vol. 75(C), pages 42-50.
    19. Pavlyuk, Dmitry, 2016. "Implication of spatial heterogeneity for airports' efficiency estimation," Research in Transportation Economics, Elsevier, vol. 56(C), pages 15-24.
    20. Zuidberg, Joost, 2017. "Exploring the determinants for airport profitability: Traffic characteristics, low-cost carriers, seasonality and cost efficiency," Transportation Research Part A: Policy and Practice, Elsevier, vol. 101(C), pages 61-72.
    21. Fernández, Xosé Luis & Coto-Millán, Pablo & Díaz-Medina, Benito, 2018. "The impact of tourism on airport efficiency: The Spanish case," Utilities Policy, Elsevier, vol. 55(C), pages 52-58.
    22. Pyrialakou, V. Dimitra & Karlaftis, Matthew G. & Michaelides, Panayotis G., 2012. "Assessing operational efficiency of airports with high levels of low-cost carrier traffic," Journal of Air Transport Management, Elsevier, vol. 25(C), pages 33-36.
    23. Uludağ, Ahmet Serhat, 2020. "Measuring the productivity of selected airports in Turkey," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 141(C).
    24. Wanke, Peter & Barros, C.P. & Nwaogbe, Obioma R., 2016. "Assessing productive efficiency in Nigerian airports using Fuzzy-DEA," Transport Policy, Elsevier, vol. 49(C), pages 9-19.

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