The good, the bad, and the efficient: Productivity, efficiency, and technical change in the airline industry, 2004–11
Lee, Boon L., Wilson, Clevo, & Pasurka, Jr., Carl A. (2015) The good, the bad, and the efficient: Productivity, efficiency, and technical change in the airline industry, 2004–11. Journal of Transport Economics and Policy, 49, pp. 338-354.
This study models the joint production of desirable and undesirable output production (that is, CO2 emissions) of airlines. The Malmquist–Luenberger productivity index is employed to measure productivity growth when undesirable output production is incorporated into the production model. The results show that pollution abatement activities of airlines lowers productivity growth, which suggests that the traditional approach of measuring productivity growth, which ignores CO2 emissions, overstates ‘true’ productivity growth. The reliability of the results is also tested and verified using confidence intervals based on bootstrapping.
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|Item Type:||Journal Article|
|Divisions:||Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Economics & Finance
|Copyright Owner:||Copyright 2015 University of Bath|
|Deposited On:||11 May 2015 01:41|
|Last Modified:||13 Nov 2015 12:24|
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