The impact of airport and seaport privatization on efficiency and performance : a review of the international evidence and implications for developing countries
Document Type
Journal article
Source Publication
Transport Policy
Publication Date
11-1-2012
Volume
24
First Page
37
Last Page
47
Publisher
Pergamon Press
Keywords
Airport; Seaport; Efficiency; Performance; Privatization; Developing countries
Abstract
This article provides a synthesis of the international evidence with respect to the impact of privatization on the efficiency and performance of airports and seaports. The theoretical frameworks, particularly the arguments for potential efficiency gains from privatization are reviewed first, followed by a discussion and evaluation of the empirical results and conclusions from selected studies of airport and seaport privatization. Then, policy implications of the theoretical frameworks and the international evidence are discussed with special reference to privatization of the transport infrastructure in developing countries. Future research directions are also suggested.
DOI
10.1016/j.tranpol.2012.06.020
Print ISSN
0967070X
E-ISSN
1879310X
Publisher Statement
Copyright © 2012 Elsevier Ltd. All rights reserved.
Full-text Version
Publisher’s Version
Language
English
Recommended Citation
Gong, S. X. H., Cullinane, K., & Firth, M. (2012). The impact of airport and seaport privatization on efficiency and performance: A review of the international evidence and implications for developing countries. Transport Policy, 24, 37-47. doi: 10.1016/j.tranpol.2012.06.020