ترجمه مقاله نقش ضروری ارتباطات 6G با چشم انداز صنعت 4.0
- مبلغ: ۸۶,۰۰۰ تومان
ترجمه مقاله پایداری توسعه شهری، تعدیل ساختار صنعتی و کارایی کاربری زمین
- مبلغ: ۹۱,۰۰۰ تومان
abstract
This paper presents an efficiency assessment of Latin American airlines, using VDRAM-DEA (Virtual Frontier Dynamic Range Adjusted Model - Data Envelopment Analysis). In VDRAM, the reference and DMU evaluation sets are different, thus allowing higher discrimination of scoring. In this research, the VDRAM model is used first in a two-stage approach. In the second stage, Simplex Regression is adopted to handle skewed and asymmetrical efficiency scores. The results corroborate previous studies and reveal that the impact of fleet mix and public ownership cannot be overlooked in Latin American airlines, which seem to be affected by insufficient load factors and hub and spoke systems. For the same reasons, although low cost carriers are an emerging trend in the region, it was not possible to confirm their higher efficiency levels. Besides, to some extent, these findings also show the absence of a learning curve in Latin American airlines.
6. Conclusion
This paper presents an analysis of the efficiency of Latin American airlines, using VDRAM DEA modelling and Simplex regression. VDRAM makes it possible to rank airline efficiency, and it turns out there is much variation between airlines, with Sky Airline ranking first, with a score of 0.95 in 2010. Relative to the frontier of best practices, in which values equal to 1 signify full efficiency, this airline presents an inefficiency level of 1e0.95 ¼ 0.05. The least fficient airline is LATAM, which scored 0.21 in 2014. Based on the Simplex regression results, drivers of efficiency are fleet mix and public ownership. Fleet mix has shown some impact on efficiency, meaning that operating certain types of aircraft can represent an additional cost to airlines, thus affecting their efficiency. Additionally, smaller aircraft, such as those manufactured by Embraer and Bombardier, have a positive impact on efficiency. Public ownership is also a positive influence on efficiency, which indicates that small markets are one of the major problems of Latin American airlines, which face tough regulation and enjoy public subsidies. This, however, maybe one of the major causes that helps in explaining why low cost airlines are as efficient as their full service counterparts are. With the exception of the learning curve, the airline market of Latin America resembles that of Africa with respect to economic fundamentals. Further research is necessary to confirm these results.