Please use this identifier to cite or link to this item: http://hdl.handle.net/2445/58438
Title: Beyond pure public and pure private management models: Mixed firms in the European Airport Industry
Author: Albalate, Daniel, 1980-
Bel i Queralt, Germà, 1963-
Fageda, Xavier, 1975-
Keywords: Política de transports
Infraestructures (Transport)
Investigació amb mètodes mixtos
Control de gestió
Aeroports
Transportation and state
Transportation buildings
Mixed methods research
Management audit
Airports
Issue Date: 2012
Publisher: Universitat de Barcelona. Institut de Recerca en Economia Aplicada Regional i Pública
Abstract: The use of private funding and management enjoys an increasing trend in airports. The literature has not paid enough attention to the mixed management models in this industry, although many European airports take the form of mixed firms or Institutional PPP, where ownership is shared between public and private sectors. We examine the determinants of the degree of private participation in the European airport sector. Drawing on a sample of the 100 largest European airports we estimate a multivariate equation in order to determine the role of airport characteristics, fiscal variables and political factors on the extent of private involvement. Our results confirm the alignment between public and private interests in PPPs. Fiscal constraints and market attractiveness promote private participation. Integrated governance models and the share of network carriers prevent the presence of private ownership, while the degree of private participation appears to be pragmatic rather than ideological.
Note: Reproducció del document publicat a: http://www.ub.edu/irea/working_papers/2012/201221.pdf
It is part of: IREA – Working Papers, 2012, IR12/021
URI: http://hdl.handle.net/2445/58438
ISSN: 2014-1254
Appears in Collections:Documents de treball (Institut de Recerca en Economia Aplicada Regional i Pública (IREA))

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