Measurement of Airport Efficiency. The Case of Colombia

Abstract

Since the mid-1990s, Colombia’s main airports (including those with the highest traffic) have been privatized, transferring governance to private operators. The remaining airports in the network (the smallest ones) continue with public governance. Based on this, the objective of this research article is to know, analyse and even measure the airport efficiency in a context of structural reform and at the same time compare this with the measure in airports with public governance. The methodology used to carry out the study is the Data Envelopment Analysis, and this methodology uses only “technical variables” (that is, only those related to infrastructure). The main results of the research reveal higher efficiency indices in the major (or more important) airports, almost all of them under private governance, although there is also a group of them (usually very small airports) with very low efficiency levels.

Keywords

• airport
• privatization
• governance
• data envelopment analysis
• efficiency
• colombia