Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

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Thursday, March 7, 2013

Assesing the Impact of Competition on the Efficiency of Italian Airports

Posted by D. Daniel Sokol

Tiziana D’Alfonso (Department of Computer, Control and Management Engineering, Universita' degli Studi di Roma "La Sapienza"), Cinzia Daraio (Department of Computer, Control and Management Engineering, Universita' degli Studi di Roma "La Sapienza") and Alberto Nastasi (Department of Computer, Control and Management Engineering, Universita' degli Studi di Roma "La Sapienza") are Assesing the Impact of Competition on the Efficiency of Italian Airports.

ABSTRACT: This paper provides new empirical evidence on the efficiency of Italian airports. Analysing data on 2010 trough conditional fficiency measures, we find that competition affects mostly the frontier of best performers, whilst airports that are lagging behind are less influenced by it. By applying a novel two stage approach, we show that competition has an inverse U-shape impact. Finally, the bi-modal shape of the distribution of pure efficiency indicates the existence of two differently managed groups of airports.

http://lawprofessors.typepad.com/antitrustprof_blog/2013/03/assesing-the-impact-of-competition-on-the-efficiency-of-italian-airports-.html

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