Martini, Gianmaria; Scotti, Davide; Volta, Nicola - In: Airline economics in Europe, (pp. 91-116). 2019
This chapter considers the productivity of 77 airlines between 1980 and 2013. We do so by estimating a stochastic frontier and decomposing the total factor productivity growth into efficiency, technical and scale efficiency change. Our results show that, on average, airlines increased...