Airport Economics in Latin America
            and the Caribbean : Benchmarking, Regulation, and Pricing

Serebrisky, Tomas

dc.creator	Serebrisky, Tomas
dc.date	2012-03-19T09:05:23Z
dc.date	2012-03-19T09:05:23Z
dc.date	2011-12-20
dc.date.accessioned	2023-02-17T20:35:41Z
dc.date.available	2023-02-17T20:35:41Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20120109011612
dc.identifier	978-0-8213-8977-5
dc.identifier	http://hdl.handle.net/10986/2389
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/242763
dc.description	This report presents the findings of a first-ever, comprehensive study of how Latin America and the Caribbean (LAC) region airports have evolved during a notable period of transition in airport ownership. It is an unbiased, positive analysis of what happened, rather than a normative analysis of what should be done to reform and to attract private sector participation to the airport sector. It takes the first step to respond to the need for more conclusive information about the influence of airport ownership on economic performance. The report centers on the study of three dimensions of performance: productive efficiency, institutional setup for the governance of the sector, and financing. This multifaceted report uses a range of advanced quantitative and qualitative methods to assess the relationship between airport ownership and performance in the LAC region. After a comprehensive overview, chapters 1 and 2 provide the necessary background for the air transport sector and the evolution of private sector participation and investment in airport infrastructure. In chapter 3, questionnaires submitted to airport operators and regulators led to the creation of the unique data sets, which were first used to compare performance across 14 partial performance indicators, and next used to develop aggregate measures of efficiency necessary for the benchmarking exercise. In chapter 4, a qualitative study of the relationship between type of regulating agency (independent or government-led) and transparency, accountability, and bureaucracy provides insight into how recent reforms have also affected the quality of regulatory governance. Chapter 5 provides an in-depth analysis of the evolution of tariff structures in the region as compared to a sample of international airports. Several important topics were not included in this report but should be the focus of future research. In particular, the evolution of the quality of services in airports deserves greater attention, as airports are increasingly becoming business centers and key gateways for trade competitiveness. The other main topic that requires detailed practical research is climate change and its relationship with the airport sector.
dc.language	English
dc.publisher	World Bank
dc.relation	Directions in Development ; infrastructure
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo
dc.rights	World Bank
dc.subject	ACCESS TO AIRPORTS
dc.subject	ACCOUNTABILITY
dc.subject	ACCOUNTING
dc.subject	ACCOUNTING MANUALS
dc.subject	ADEQUATE INVESTMENT
dc.subject	ADEQUATE REPRESENTATION
dc.subject	AERONAUTICAL CHARGES
dc.subject	AERONAUTICAL TARIFF
dc.subject	AERONAUTICAL TARIFFS
dc.subject	AIR
dc.subject	AIR CARGO
dc.subject	AIR CARGO TRAFFIC
dc.subject	AIR FREIGHT
dc.subject	AIR NAVIGATION
dc.subject	AIR TRAFFIC
dc.subject	AIR TRAFFIC CONTROL
dc.subject	AIR TRAFFIC CONTROL SYSTEM
dc.subject	AIR TRANSPORT
dc.subject	AIR TRANSPORT ASSOCIATION
dc.subject	AIR TRANSPORT DEMAND
dc.subject	AIR TRANSPORT INFRASTRUCTURE
dc.subject	AIR TRANSPORT MARKET
dc.subject	AIR TRANSPORT SECTOR
dc.subject	AIR TRAVEL
dc.subject	AIRBUS
dc.subject	AIRCRAFT
dc.subject	AIRCRAFT MOVEMENTS
dc.subject	AIRCRAFT PARKING
dc.subject	AIRCRAFTS
dc.subject	AIRLINE
dc.subject	AIRLINES
dc.subject	AIRPORT
dc.subject	AIRPORT CAPACITY
dc.subject	AIRPORT CHARGES
dc.subject	AIRPORT CONCESSIONS
dc.subject	AIRPORT EFFICIENCY
dc.subject	AIRPORT INDUSTRY
dc.subject	AIRPORT INFRASTRUCTURE
dc.subject	AIRPORT INVESTMENT
dc.subject	AIRPORT INVESTMENTS
dc.subject	AIRPORT MANAGEMENT
dc.subject	AIRPORT OPERATIONS
dc.subject	AIRPORT OPERATOR
dc.subject	AIRPORT OPERATORS
dc.subject	AIRPORT OWNERSHIP
dc.subject	AIRPORT REGULATION
dc.subject	AIRPORT RUNWAY
dc.subject	AIRPORT SECTOR
dc.subject	AIRPORT SERVICE
dc.subject	AIRPORT SERVICES
dc.subject	AIRPORT TARIFFS
dc.subject	AIRPORT TERMINAL
dc.subject	AIRPORT TRAFFIC
dc.subject	AIRPORT TRAFFIC REPORT
dc.subject	AIRPORTS
dc.subject	AIRPORTS CONCESSION
dc.subject	AUTONOMY
dc.subject	BRIDGE
dc.subject	CAPITAL COSTS
dc.subject	CAPITAL FLOWS
dc.subject	CARGO AIRCRAFT
dc.subject	CARGO HUB
dc.subject	CARGO TRAFFIC
dc.subject	CITY AIRPORT
dc.subject	CIVIL AVIATION
dc.subject	CIVIL AVIATION AUTHORITY
dc.subject	CLIMATE CHANGE
dc.subject	CONCESSION CONTRACTS
dc.subject	CONCESSION SCHEME
dc.subject	CONCESSIONAIRES
dc.subject	CONSTRUCTION
dc.subject	CONSUMER PRICE INDEX
dc.subject	COPYRIGHT CLEARANCE
dc.subject	COPYRIGHT CLEARANCE CENTER
dc.subject	COST OF CAPITAL
dc.subject	DEMONSTRATION EFFECTS
dc.subject	DEREGULATION
dc.subject	DEVELOPING COUNTRIES
dc.subject	DIVESTITURE
dc.subject	DOMESTIC PASSENGERS
dc.subject	DOMESTIC TRAFFIC
dc.subject	DRIVERS
dc.subject	DUE DILIGENCE
dc.subject	ECONOMIC CRISIS
dc.subject	ECONOMIC DEVELOPMENT
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC PERFORMANCE
dc.subject	ECONOMIC REGULATION
dc.subject	ECONOMICS
dc.subject	ECONOMICS OF INFRASTRUCTURE
dc.subject	ECONOMIES OF SCALE
dc.subject	EFFECTS OF OWNERSHIP
dc.subject	EFFICIENCY OF AIRPORTS
dc.subject	ELASTICITY
dc.subject	ELASTICITY OF DEMAND
dc.subject	EMPLOYMENT
dc.subject	EXCHANGE RATE
dc.subject	FINANCIAL CLOSURE
dc.subject	FINANCIAL CRISES
dc.subject	FINANCIAL EFFICIENCY
dc.subject	FINANCIAL SUPPORT
dc.subject	FINANCING SOURCES
dc.subject	FLEETS
dc.subject	FREIGHT
dc.subject	FUEL
dc.subject	FUEL PRICES
dc.subject	GENERATION
dc.subject	GOVERNMENT OWNERSHIP
dc.subject	GROWTH IN DEMAND
dc.subject	GROWTH IN PASSENGER DEMAND
dc.subject	GROWTH RATES
dc.subject	HANDLING
dc.subject	HUB AIRPORTS
dc.subject	INCOME
dc.subject	INCOME ELASTICITY
dc.subject	INFRASTRUCTURE INVESTMENTS
dc.subject	INFRASTRUCTURE PROJECTS
dc.subject	INFRASTRUCTURE SERVICES
dc.subject	INTERNATIONAL AIR TRANSPORT
dc.subject	INTERNATIONAL AIR TRANSPORT ASSOCIATION
dc.subject	INTERNATIONAL AIRPORT
dc.subject	INTERNATIONAL AIRPORTS
dc.subject	INTERNATIONAL CIVIL AVIATION
dc.subject	INTERNATIONAL CIVIL AVIATION ORGANIZATION
dc.subject	INTERNATIONAL FLIGHTS
dc.subject	INTERNATIONAL PASSENGERS
dc.subject	INTERNATIONAL TRADE
dc.subject	INTERNATIONAL TRAFFIC
dc.subject	INVESTMENT CLIMATE
dc.subject	LABOR COSTS
dc.subject	LANDING
dc.subject	LARGE CITIES
dc.subject	LEASE CONTRACT
dc.subject	LEASE CONTRACTS
dc.subject	LOWER TARIFFS
dc.subject	MINISTRY OF TRANSPORT
dc.subject	NATIONAL CIVIL AVIATION AGENCY
dc.subject	NAVIGATION CHARGES
dc.subject	NUMBER OF AIRCRAFT
dc.subject	NUMBER OF AIRCRAFT MOVEMENTS
dc.subject	OPERATING COSTS
dc.subject	OPERATING MARGINS
dc.subject	OPERATION AND MAINTENANCE
dc.subject	OPERATION OF AIRPORTS
dc.subject	PASSENGER AIRCRAFT
dc.subject	PASSENGER NUMBERS
dc.subject	PASSENGER TRAFFIC
dc.subject	PASSENGERS
dc.subject	PASSENGERS PER EMPLOYEE
dc.subject	PERFORMANCE INDICATORS
dc.subject	PRIVATE AIRPORT OPERATORS
dc.subject	PRIVATE CAPITAL
dc.subject	PRIVATE CAPITAL FLOWS
dc.subject	PRIVATE FINANCING
dc.subject	PRIVATE INFRASTRUCTURE
dc.subject	PRIVATE INVESTMENT
dc.subject	PRIVATE INVESTMENT IN AIRPORTS
dc.subject	PRIVATE INVESTMENTS
dc.subject	PRIVATE OPERATORS
dc.subject	PRIVATE PROVIDERS
dc.subject	PRIVATE SECTOR PARTICIPATION
dc.subject	PRIVATIZATION
dc.subject	PRODUCTIVITY
dc.subject	PSP
dc.subject	PUBLIC INVESTMENT
dc.subject	PUBLIC POLICIES
dc.subject	PUBLIC SECTOR
dc.subject	PUBLIC-PRIVATE PARTNERSHIPS
dc.subject	RAIL
dc.subject	RAILWAYS
dc.subject	RANGE
dc.subject	RATE OF RETURN
dc.subject	REFERENCE
dc.subject	REGULATOR
dc.subject	REGULATORS
dc.subject	REGULATORY AGENCIES
dc.subject	REGULATORY AGENCY
dc.subject	REGULATORY FRAMEWORK
dc.subject	REMOTE
dc.subject	REVENUE PER PASSENGER
dc.subject	ROAD
dc.subject	ROADS
dc.subject	RUNWAY
dc.subject	SAVINGS
dc.subject	SINGLE CONCESSION
dc.subject	SQUARE
dc.subject	SUBSIDIARY
dc.subject	SURCHARGES
dc.subject	SUSTAINABLE DEVELOPMENT
dc.subject	TARIFF STRUCTURE
dc.subject	TAX
dc.subject	TAX LAWS
dc.subject	TERMINAL
dc.subject	TERMINALS
dc.subject	TRADE FLOWS
dc.subject	TRAFFIC DEMAND
dc.subject	TRAFFIC GROWTH
dc.subject	TRAFFIC MOVEMENT
dc.subject	TRANSPARENCY
dc.subject	TRANSPORT ALTERNATIVES
dc.subject	TRANSPORT INFRASTRUCTURE
dc.subject	TRANSPORT MANAGEMENT
dc.subject	TRANSPORT MARKET
dc.subject	TRANSPORT PROJECTS
dc.subject	TRANSPORT RESEARCH
dc.subject	TRANSPORT SERVICES
dc.subject	TRANSPORTS
dc.subject	TRAVELERS
dc.subject	TRUE
dc.subject	UPPER
dc.subject	URBAN TRANSPORT
dc.subject	UTILITIES
dc.subject	WATER DISTRIBUTION
dc.title	Airport Economics in Latin America and the Caribbean : Benchmarking, Regulation, and Pricing
dc.type	Publications & Research :: Publication
dc.type	Publications & Research :: Publication
dc.coverage	Latin America & Caribbean
dc.coverage	Caribbean
dc.coverage	Latin America