Airports efficiency over time: How has the 2008 economic crisis affected the efficiency of Spanish airports? A DEA analysis

  1. Ane Elixabete Ripoll-Zarraga 1
  2. Cecilio Mar-Molinero 2
  3. Fabiola Portillo Pérez de Viñaspre 3
  1. 1 Universitat Autònoma de Barcelona
    info

    Universitat Autònoma de Barcelona

    Barcelona, España

    ROR https://ror.org/052g8jq94

  2. 2 University of Kent
    info

    University of Kent

    Canterbury, Reino Unido

    ROR https://ror.org/00xkeyj56

  3. 3 Universidad de La Rioja
    info

    Universidad de La Rioja

    Logroño, España

    ROR https://ror.org/0553yr311

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Actas:
The OR Society OR59 Annual Conference. 12-14 September 2017 (Abstracts)

Editorial: The Operational Research Society

Año de publicación: 2017

Congreso: The OR Society OR59 Annual Conference. 12-14 September 2017 Loughborough University

Tipo: Aportación congreso

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Resumen

We study DEA efficiencies of 47 Spanish airports over the period 2009-2013 under a variety of input/outputspecifications. 186 input/output specifications are estimated using DEA. The results are analysed using the tools ofmultivariate statistical analysis, in particular the Individual Differences Scaling model of Caroll and Chang. Thismodel reveals what has remained invariant over the period, what are the most salient characteristics of airportefficiency, and how these characteristics have changed in importance during the crisis period. Given the largedifferences in size between the airports we use the Variable Returns to Scale approach. Since it is a characteristicof economic crisis that some capacity remains idle, we use the output oriented form of DEA. The results reveal animportant drop in efficiency between 2009 and 2010, followed by a period of slow recovery.