engleski

Evaluating airport efficiency using Data Envelopment Analysis

Performance measurements have become an issue of the utmost importance in the airport business, as airports become more competitive and face the challenging market environment. Thus, the analysis of airport efficiency might help to increase competitiveness. The paper aims to assess the efficiency of Croatian airports over the five-year period 2004-2008 using Data Envelopment Analysis (DEA). DEA has been proven as a valuable performance evaluation methodology when homogeneous decision-making units (DMUs) have multiple inputs and outputs and operate in similar conditions. Initially, DEA has been deployed to analyse the efficiency of Croatian airports in 2008. The analysis has revealed that only Split Airport and Dubrovnik Airport are relative efficient performers. DEA provides estimates of the potential improvement that can be made by inefficient airports. The analysis has then been extended by utilising window analysis, which is useful for detecting efficiency trends of DMUs over time. It has shown significant disparities in efficiencies among the airports over the period examined.

Data envelopment analysis; efficiency; competitiveness; Croatian airports

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