Sources of airline productivity from carbon emissions: an analysis of operational performance under good and bad outputs

Boon Liat Lee, Clevo Wilson, Carl A. Pasurka, Hidemichi Fujii, Shunsuke Managi

Research output: Contribution to journalArticlepeer-review

15 Citations (Scopus)

Abstract

This study incorporates carbon dioxide emissions in productivity measurement in the airline industry and examines the determinants of productivity change. For this purpose a two-stage analysis under joint production of good and bad outputs is employed to compare the operational performance of airlines. In the first stage, productivity index are derived using the Luenberger productivity indicator. In the second stage, productivity change scores derived therefrom are regressed using the random-effects Generalized Least Squares to quantify determinants of productivity change. The paper finds low cost carriers and average number of hours flown per aircraft having a positive impact on productivity under joint production model while demand variable negatively impacts on productivity under market model.

Original languageEnglish
Pages (from-to)223-246
Number of pages24
JournalJournal of Productivity Analysis
Volume47
Issue number3
DOIs
Publication statusPublished - Jun 1 2017

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Social Sciences (miscellaneous)
  • Economics and Econometrics

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