Impact Assessment of Airport Economic Regulation and Privatization of Indian Airports Performance

Abstract

The proposed impact evaluation study of privatization and regulation of Indian airports on efficiency, capacity generation, output, pricing and quality of service have rarely been observed in the literature of aviation economics, specially Comparison efficiency after eliminating the effect of size of airport, which completely revers the conclusion i.e. efficiency of private airports is lower than the efficiency of Government airports. The marginal efficiency of investment and debt for private airports is negative which leads to over investment and over debt as result of privatization. Government ownership with single till regulation is superior as compared to private ownership with hybrid till. The present study will be unique of its kind by performing impact evaluation of economic regulations and privatizations on Indian airports. Thus, along with contribution to the aviation economics literature the proposed study will have some academic importance. newline