Unveiling Angkasa Pura Airport's Economic Efficiency Through DEA Analysis
DOI:
https://doi.org/10.31933/dijemss.v5i4.2614Keywords:
Airport, Data Envelopment Analysis, Efficiency, Economies of ScaleAbstract
This study aims to analyze the economic efficiency of airports in Angkasa Pura I, especially since the formation of the Tourism SOE holding in 2022 which changes airport operations. This study examines efficiency during the COVID-19 pandemic by introducing Air Traffic Movement (ATM), Air Passenger Movement (APM), and Air Cargo Movement (ACM) variables as output variables, which provide new insights that have not been explored before, especially the study in all Angkasa Pura I airports. This study uses quantitative research methods with non-parametric techniques to analyze efficiency and economies of scale in the aviation industry. The analytical tool used is Data Envelopment Analysis (DEA) using STATA 17 software as the main tool to evaluate efficiency and economies of scale at 16 airports. The results revealed variations in the level of efficiency of economies of scale among airports, with some airports improving their efficiency in response to the pandemic. The study confirms the importance of effective management strategies, transparency in information dissemination, and continuous monitoring in shaping airports' economic efficiency.
References
Besanko, D. A., Braeutigam, R. R., & Gibbs, M. J. (2020). Microeconomics (Sixth Edition). Wiley.
Carpenter, M. A., & Sanders, W. G. (2007). Strategic Management: A Dynamic Perspective?: Concepts and Cases. Pearson/Prentice Hall.
Christianti, A. (2021). Efficient Comparison of The Top 10 Largest Commercial Banks in Indonesia: DEA (Data Envelopment Analysis). MIX: Jurnal Ilmiah Manajemen, 11(3), 427–443. https://doi.org/10.22441/mix.2021.v11i3.009
Coelli, T. J., Rao, D. S. P., O’Donnell, C. J., & Battese, G. E. (2005). An introduction to efficiency and productivity analysis. Springer.
Doganis, DR. R. S., & Thompson, DR. G. F. (1974). Establishing airport cost and revenue functions. Aeronautical Journal, 285–305.
Ennen, D., & Batool, I. (2018). Airport efficiency in Pakistan - A Data Envelopment Analysis with weight restrictions. Journal of Air Transport Management, 69, 205–212. https://doi.org/10.1016/j.jairtraman.2018.02.007
Ferro, G., Oubiña, V., & Romero, C. (2020). Benchmarking labor courts: An efficiency frontier analysis. International Journal for Court Administration, 11(2). https://doi.org/10.36745/IJCA.313
Freathy, P. (2004). The commercialisation of European airports: Successful strategies in a decade of turbulence? Journal of Air Transport Management, 10(3), 191–197. https://doi.org/10.1016/j.jairtraman.2003.10.014
Fuerst, F., Gross, S., & Klose, U. (2011). The sky is the limit? The determinants and constraints of European airports commercial revenues. Journal of Air Transport Management, 17(5), 278–283.
Graham, A. (2018). Managing Airports.
Gudmundsson, S. V., Cattaneo, M., & Redondi, R. (2021). Forecasting temporal world recovery in air transport markets in the presence of large economic shocks: The case of COVID-19. Journal of Air Transport Management, 91. https://doi.org/10.1016/j.jairtraman.2020.102007
Jeong, J. (2005). AN INVESTIGATION OF OPERATING COST OF AIRPORTS: FOCUS ON THE EFFECTS OF OUTPUT SCALE.
Main, B. G. M., Lever, B., & Crook, J. (2003). Central Scotland Airport Study.
Mankiw, G. (2014). Pengantar Ekonomi Mikro. Principle of Economics. Salemba Empat.
Martín, J. C., & Dorta, A. V. (2008). International Airports: Economies of Scale and Marginal Costs. Journal of the Transportation Research Forum, 47(1), 5–22. http://ageconsearch.umn.edu
Martín, J. C., Román, C., & Voltes-Dorta, A. (2011). Scale economies and marginal costs in Spanish airports. Transportation Research Part E: Logistics and Transportation Review, 47(2), 238–248. https://doi.org/10.1016/j.tre.2010.09.007
Olariaga, O. D., & Moreno, L. P. (2019). Measurement of airport efficiency. The case of Colombia. Transport and Telecommunication, 20(1), 40–51. https://doi.org/10.2478/ttj-2019-0004
Pindyck, R. S., & Rubinfeld, D. L. (2013). Microeconomics. www.myeconlab.com
Sutawijaya, A., & Lestari, E. P. (2009). Efisiensi Teknik Perbankan Indonesia Pascakrisis Ekonomi: Sebuah Studi Empiris Penerapan Model DEA. Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi Dan Pembangunan, 10(1), 49–67. https://doi.org/10.23917/jep.v10i1.808
Tolofari, S. N., Ashford, J., & Caves, R. E. (1990). The Cost of Air Service Fragmentation. Loughborough University.
Ülkü, T. (2009). Efficiency of German Airports and Influencing Factors.
Walters, A. A. (1978). Airports: An Economic Survey. Journal of Transport Economics and Policy, 12(2), 125–160.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Azmieti Kurnia Sinta, Edi Abdurachman, Prasadja Ricardianto, Yuliantini Yuliantini
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish their manuscripts in this journal agree to the following conditions:
- The copyright on each article belongs to the author(s).
- The author acknowledges that the Dinasti International Journal of Education Management and Social Science (DIJEMSS) has the right to be the first to publish with a Creative Commons Attribution 4.0 International license (Attribution 4.0 International (CC BY 4.0).
- Authors can submit articles separately, arrange for the non-exclusive distribution of manuscripts that have been published in this journal into other versions (e.g., sent to the author's institutional repository, publication into books, etc.), by acknowledging that the manuscript has been published for the first time in the Dinasti International Journal of Education Management and Social Science (DIJEMSS).
