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Please use this identifier to cite or link to this item: http://elib.bsu.by/handle/123456789/50907
Title: Economies Of Scale, Elasticities And Productive Efficiency To The Spanish Airports Network
Authors: Rendeiro Martín-Cejas, Roberto
Keywords: ЭБ БГУ::ТЕХНИЧЕСКИЕ И ПРИКЛАДНЫЕ НАУКИ. ОТРАСЛИ ЭКОНОМИКИ::Транспорт
ЭБ БГУ::ОБЩЕСТВЕННЫЕ НАУКИ::Информатика
Issue Date: 2004
Publisher: Минск: БГУ
Abstract: This paper attempts to analyse the productive structure in the airport industry. The analysis was made using the neoclassical approach of dual cost function. A translog joint cost function was used, as its flexibility gave us the possibility of directly modelling the cost structure without imposing arbitrary a priori restrictions on the structure of production. In order to test several hypotheses on the joint cost function we derived parameters such as cost elasticities, economies of scale and elasticities of substitution between inputs. The main conclusions of this work are: 1) The translog form, linear homogeneous in input prices, was statistically significant generalization of the rest of restricted functional forms to represent the productive structure of the Spanish airport industry, 2) The existence of economies of scale in airport operations. Having this an important repercussions in investment programme (airport planning) and cost structure.
URI: http://elib.bsu.by/handle/123456789/50907
Appears in Collections:2004. Международная конференция “Моделирование процессов и систем”

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