The efficiency of UK airports

This thesis assesses the ownership effect of three UK airports groups using both the CRS cross-sectional model for Data Envelopment Analysis (DEA) and the Malmquist TFP index model. In the UK there are two fully private airports groups, BAA Limited and TBI PLC, and one state-owned airports group, Manchester Airport PLC. It is found that two privately-owned airports groups are ore efficient in accordance with the performance of both estimation models. Moreover, delays do not have a great influence in evaluating the technical efficiency and productivity change.