Estimating technical efficiencies of airports in the Greater China : stochastic output distance function method vs. data envelopment analysis method
Document Type
Journal article
Source Publication
International Journal of Shipping and Transport Logistics
Publication Date
1-1-2010
Volume
2
Issue
3
First Page
284
Last Page
299
Keywords
China, DEA method, Stochastic output distance function, Technical efficiency
Abstract
In this paper, we study the technical efficiencies of Chinese airports by using multi-output stochastic output distance function analysis. The benefits of this approach are as follows: 1 It allows multiple-output and multiple-input analysis to be conducted in just one equation. However, in single-output production frontier analysis, two stages of empirical estimation are required. 2 The estimated values of output distance are in fact the technical efficiency scores. We compare and contrast the estimated technical efficiencies computed based on the stochastic output distance function method with those computed based on DEA method. In terms of the ranking of efficiency scores, we conclude that both methods are consistent with each other.
DOI
10.1504/IJSTL.2010.033510
Print ISSN
17566517
E-ISSN
17566525
Publisher Statement
Copyright © 2010 Inderscience Enterprises Ltd
Access to external full text or publisher's version may require subscription.
Full-text Version
Publisher’s Version
Language
English
Recommended Citation
Chow, C. K. W., Fung, M. K. Y., & Law, J. S. (2010). Estimating technical efficiencies of airports in the Greater China: Stochastic output distance function method vs. data envelopment analysis method. International Journal of Shipping and Transport Logistics, 2(3), 284-299. doi: 10.1504/IJSTL.2010.033510