MEASUREMENT OF EFFICIENCY WITH DATA ENVELOPMENT ANALYSIS AND MALMQUIST TOTAL FACTOR PRODUCTIVITY METHODS: AN APPLICATION ON MAJOR AIRPORTS IN TURKEY
Abstract
In this study, the efficiency of major airports in Turkey was measured with Data Envelopment Analysis and Malmquist Total Factor Productivity Index. In this context, the efficieny of 19 Turkish airports which have the most passenger traffic in 2017 was analyzed for the 2012-2016 period. Efficiency measurements for each year were applied to the Data Envelopment Analysis and Malmquist Total Factor Productivity Index methods were used to reveal the changes in the yearly activity values of airports. When the results of the analysis are examined, it is seen that 5 airports between the years 2012-2014 and 4 airports between 2015-2016 were effective in the efficiency measurement according to the output-oriented CCR model. According to the output-oriented BCC model, 10 airports in 2012,2015 and 2016, 11 airports in 2013 and 9 airports in 2014 were found to be effective. According to the Malmquist results, in the period of 2012-2016, an increase in the Total Factor Productivity value of most of the airports was observed. It is thought that this study will guide the relevant airport managers in terms of both operational and financial efficiency.
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