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Does high-speed rail affect airport efficiency? Evidence from Italy
journal contribution
posted on 2023-06-09, 20:23 authored by Fausto Galli, Giuseppe Lubrano Lavadera, Marianna MarraMarianna MarraThis paper investigates the impact of the development of the High Speed Railway (HSR) infrastructure on the efficiency of the airport system in Italy during the period 2003-2014. We employ a two stage estimation: in stage one we implement DEA to obtain airport technical inefficiency scores, which are regressed in stage two on proxies of distance from the HSR network. Evidence from efficiency analysis indicates the presence of variable returns to scale. Regression results suggest that airport efficiency increases with different measures of proximity to HSR links. Results are robust to the inclusion of low cost companies and international flights.
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Publication status
- Published
File Version
- Accepted version
Journal
Journal of Transport Economics and PolicyISSN
0022-5258Publisher
Journal of Transport Economics and PolicyIssue
2Volume
54Page range
79-101Department affiliated with
- Strategy and Marketing Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2020-01-24First Open Access (FOA) Date
2020-05-07First Compliant Deposit (FCD) Date
2020-01-24Usage metrics
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