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International airports: financing methods in Japan

Author

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  • Ohta, Kazuhiro

Abstract

Capacity shortages at international airports in Japan are the most serious impediment to liberalization and free competition in international aviation. Here, we deal with the causes of this shortage, Japanese institutional systems of airport improvement and new financing methods for international airport capacity expansion in metropolitan areas. We emphasize the effectiveness of the joint-stock corporation system as a financial device. The introduction of the joint-stock corporation is one kind of airport privatization, but its characteristics completely differ from those of privatized airports in some European countries and in New Zealand.

Suggested Citation

  • Ohta, Kazuhiro, 1999. "International airports: financing methods in Japan," Journal of Air Transport Management, Elsevier, vol. 5(4), pages 223-234.
  • Handle: RePEc:eee:jaitra:v:5:y:1999:i:4:p:223-234
    DOI: 10.1016/S0969-6997(99)00016-2
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    Citations

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    Cited by:

    1. Hooper, Paul, 2002. "Privatization of airports in Asia," Journal of Air Transport Management, Elsevier, vol. 8(5), pages 289-300.
    2. Carlos Pestana Barros & Shunsuke Managi & Yuichiro Yoshida, 2010. "Technical Efficiency, Regulation And Heterogeneity In Japanese Airports," Pacific Economic Review, Wiley Blackwell, vol. 15(5), pages 685-696, December.
    3. Kato, Kazusei & Uemura, Toshiyuki & Indo, Yuichi & Okada, Akira & Tanabe, Katsumi & Saito, Shinichi & Oguma, Hitoshi & Yamauchi, Hirotaka & Shiomi, Eiji & Saegusa, Madoka & Migita, Kazuyoshi, 2011. "Current accounts of Japanese airports," Journal of Air Transport Management, Elsevier, vol. 17(2), pages 88-93.
    4. Carney, Michael & Mew, Keith, 2003. "Airport governance reform: a strategic management perspective," Journal of Air Transport Management, Elsevier, vol. 9(4), pages 221-232.
    5. Pestana Barros, Carlos & Managi, Shunsuke & Yoshida, Yuichiro, 2010. "Productivity growth and biased technological change in Japanese airports," Transport Policy, Elsevier, vol. 17(4), pages 259-265, August.

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