Journal
TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW
Volume 44, Issue 3, Pages 543-554Publisher
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.tre.2007.01.005
Keywords
airport; directional distance function; Malinquist-Luenberger productivity index; aircraft noise
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This study seeks to explain the productivity growth of Taiwan's airport sector using a panel data set of 4 airports covering the period from 1995 to 1999. The Malmquist-Luenberger productivity index is modified to accommodate the presence of aircraft noise with the use of the directional output distance function. A window approach is also employed to provide a smoothed-surface frontier. It is found that the annual productivity growth of Taiwan's airports is as high as 8.0% over this period and ignoring the reduction in undesirable outputs in traditional productivity analysis may seriously bias such upward growth. (c) 2007 Elsevier Ltd. All rights reserved.
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