Note on the productivity convergence of airports in China

Ka Yiu, Michael FUNG, Kong Wing, Clement CHOW

Research output: Journal PublicationsJournal Article (refereed)

3 Citations (Scopus)

Abstract

The present paper uses a Malmquist index measure of productivity growth to study the productivity convergence of 25 airports in China during the period 1995-2004. By decomposing the Malmquist index, we find evidence for the convergence of the efficiency level of airports, but not the productivity and technology levels. These results imply that the more productive airports are pushing the frontiers of technology faster by adopting new technology, and that the relative efficiency level of the laggards increases quickly and catches up with the efficiency level of the leaders over time.
Original languageEnglish
Pages (from-to)120-133
Number of pages14
JournalPacific Economic Review
Volume16
Issue number1
DOIs
Publication statusPublished - 1 Feb 2011
Externally publishedYes

Fingerprint

Airports
China
Productivity
Malmquist index
Productivity growth
Relative efficiency
Catch-up

Cite this

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Note on the productivity convergence of airports in China. / FUNG, Ka Yiu, Michael; CHOW, Kong Wing, Clement.

In: Pacific Economic Review, Vol. 16, No. 1, 01.02.2011, p. 120-133.

Research output: Journal PublicationsJournal Article (refereed)

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AB - The present paper uses a Malmquist index measure of productivity growth to study the productivity convergence of 25 airports in China during the period 1995-2004. By decomposing the Malmquist index, we find evidence for the convergence of the efficiency level of airports, but not the productivity and technology levels. These results imply that the more productive airports are pushing the frontiers of technology faster by adopting new technology, and that the relative efficiency level of the laggards increases quickly and catches up with the efficiency level of the leaders over time.

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