Dh. Good et al., AIRLINE EFFICIENCY DIFFERENCES BETWEEN EUROPE AND THE UNITED-STATES -IMPLICATIONS FOR THE PACE OF EC INTEGRATION AND DOMESTIC REGULATION, European journal of operational research, 80(3), 1995, pp. 508-518
Citations number
14
Categorie Soggetti
Management,"Operatione Research & Management Science
In this paper we examine the performance of the eight largest European
and the eight largest American airlines during the period 1976-1986.
During this period the American industry was deregulated and the Europ
ean industry's competitive posture was significantly liberalized. Two
alternative methodologies for identifying productive efficiency are us
ed - a parametric one using statistical estimation and a nonparametric
one using linear programming. We find that were European carriers und
er deregulation to be as productively efficient as their American coun
terparts, the European industry would save approximately $4 billion pe
r year (in 1986 dollars).