دانلود رایگان مقاله لاتین خصوصی سازی فرودگاه بر تقاضای خطوط هوایی از سایت الزویر
عنوان فارسی مقاله:
برآورد تاثیر خصوصی سازی فرودگاه بر تقاضای خطوط هوایی: مطالعه رویدادی مبتنی بر رگرسیون
عنوان انگلیسی مقاله:
Estimating the impact of airport privatization on airline demand: A regression-based event study
سال انتشار : 2016
برای دانلود رایگان مقاله خصوصی سازی فرودگاه بر تقاضای خطوط هوایی اینجا کلیک نمایید.
بخشی از مقاله انگلیسی:
2. Theoretical framework
2.1. Literature review One of the most commonly observed objectives of a privatization program is to enhance the efficiency of state-owned enterprises. Consequently, the air transportation literature has frequently discussed the relationship between airport ownership and performance. The conclusions over the relative performance of airport operators under alternative governance schemes are still not clear, however. For example, Oum et al. (2008) estimate that there is an eighty percent probability that airports operated by a majority private firm achieve higher efficiency than those operated by a majority public firm. Those results are also found in Oum et al. (2006). In contrast, Scotti et al. (2012) find that public airports are more efficient than private and mixed ones. As Megginson and Netter (2001) discuss, there are theoretical arguments for arguing that the impact of privatization ultimately depends on the degree of market failure. For example, if competition is naturally strong, than state enterprises may be forced to enhance productive efficiency, and the impact of ownership change of privatization may not be substantial. The authors survey several studies applied to many sectors of both transition and non-transition economies and conclude that the overall research supported the proposition that privately owned firms are more efficient and more profitable. In addition to the relationship of airport ownership and effi- ciency, other subjects that have also been investigated by the literature were the link between privatization and profitability and the impacts and incentives of airport capacity expansion following privatization. Oum et al. (2008) conclude that as privatized airports are more efficient, they are also more profitable. Noruzoliaee et al. (2015) suggest that increases in airport capacity depend on effi- ciency: a more efficient owner has more capital to invest in infrastructure and capacity expansion than a less efficient one. Zhang and Zhang (2003) discuss that airport capacity expansion is usually seen as improving the quality of service by reducing or eliminating airport congestion, which results from the heavy use of the existing airport. The authors conclude that given growing demand and lumpy capacity e i.e., capacity increase through large indivisible lumps, such as when a new runway is built e decisions over capacity expansion by private airports are suboptimal from a social point of view. Specifically, in their study, private airports tend to introduce capacity expansion later than comparable public airports.
کلمات کلیدی:
