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

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dc.contributor.authorSerebrisky, Tomas
dc.date.accessioned2012-03-19T09:05:23Z
dc.date.available2012-03-19T09:05:23Z
dc.date.issued2011-12-20
dc.description.abstractThis 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.en
dc.identifierhttp://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.doi10.1596/978-0-8213-8977-5
dc.identifier.isbn978-0-8213-8977-5
dc.identifier.urihttps://hdl.handle.net/10986/2389
dc.languageEnglish
dc.publisherWorld Bank
dc.relation.ispartofseriesDirections in Development ; infrastructure
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectACCESS TO AIRPORTS
dc.subjectACCOUNTABILITY
dc.subjectACCOUNTING
dc.subjectACCOUNTING MANUALS
dc.subjectADEQUATE INVESTMENT
dc.subjectADEQUATE REPRESENTATION
dc.subjectAERONAUTICAL CHARGES
dc.subjectAERONAUTICAL TARIFF
dc.subjectAERONAUTICAL TARIFFS
dc.subjectAIR
dc.subjectAIR CARGO
dc.subjectAIR CARGO TRAFFIC
dc.subjectAIR FREIGHT
dc.subjectAIR NAVIGATION
dc.subjectAIR TRAFFIC
dc.subjectAIR TRAFFIC CONTROL
dc.subjectAIR TRAFFIC CONTROL SYSTEM
dc.subjectAIR TRANSPORT
dc.subjectAIR TRANSPORT ASSOCIATION
dc.subjectAIR TRANSPORT DEMAND
dc.subjectAIR TRANSPORT INFRASTRUCTURE
dc.subjectAIR TRANSPORT MARKET
dc.subjectAIR TRANSPORT SECTOR
dc.subjectAIR TRAVEL
dc.subjectAIRBUS
dc.subjectAIRCRAFT
dc.subjectAIRCRAFT MOVEMENTS
dc.subjectAIRCRAFT PARKING
dc.subjectAIRCRAFTS
dc.subjectAIRLINE
dc.subjectAIRLINES
dc.subjectAIRPORT
dc.subjectAIRPORT CAPACITY
dc.subjectAIRPORT CHARGES
dc.subjectAIRPORT CONCESSIONS
dc.subjectAIRPORT EFFICIENCY
dc.subjectAIRPORT INDUSTRY
dc.subjectAIRPORT INFRASTRUCTURE
dc.subjectAIRPORT INVESTMENT
dc.subjectAIRPORT INVESTMENTS
dc.subjectAIRPORT MANAGEMENT
dc.subjectAIRPORT OPERATIONS
dc.subjectAIRPORT OPERATOR
dc.subjectAIRPORT OPERATORS
dc.subjectAIRPORT OWNERSHIP
dc.subjectAIRPORT REGULATION
dc.subjectAIRPORT RUNWAY
dc.subjectAIRPORT SECTOR
dc.subjectAIRPORT SERVICE
dc.subjectAIRPORT SERVICES
dc.subjectAIRPORT TARIFFS
dc.subjectAIRPORT TERMINAL
dc.subjectAIRPORT TRAFFIC
dc.subjectAIRPORT TRAFFIC REPORT
dc.subjectAIRPORTS
dc.subjectAIRPORTS CONCESSION
dc.subjectAUTONOMY
dc.subjectBRIDGE
dc.subjectCAPITAL COSTS
dc.subjectCAPITAL FLOWS
dc.subjectCARGO AIRCRAFT
dc.subjectCARGO HUB
dc.subjectCARGO TRAFFIC
dc.subjectCITY AIRPORT
dc.subjectCIVIL AVIATION
dc.subjectCIVIL AVIATION AUTHORITY
dc.subjectCLIMATE CHANGE
dc.subjectCONCESSION CONTRACTS
dc.subjectCONCESSION SCHEME
dc.subjectCONCESSIONAIRES
dc.subjectCONSTRUCTION
dc.subjectCONSUMER PRICE INDEX
dc.subjectCOPYRIGHT CLEARANCE
dc.subjectCOPYRIGHT CLEARANCE CENTER
dc.subjectCOST OF CAPITAL
dc.subjectDEMONSTRATION EFFECTS
dc.subjectDEREGULATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDIVESTITURE
dc.subjectDOMESTIC PASSENGERS
dc.subjectDOMESTIC TRAFFIC
dc.subjectDRIVERS
dc.subjectDUE DILIGENCE
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC REGULATION
dc.subjectECONOMICS
dc.subjectECONOMICS OF INFRASTRUCTURE
dc.subjectECONOMIES OF SCALE
dc.subjectEFFECTS OF OWNERSHIP
dc.subjectEFFICIENCY OF AIRPORTS
dc.subjectELASTICITY
dc.subjectELASTICITY OF DEMAND
dc.subjectEMPLOYMENT
dc.subjectEXCHANGE RATE
dc.subjectFINANCIAL CLOSURE
dc.subjectFINANCIAL CRISES
dc.subjectFINANCIAL EFFICIENCY
dc.subjectFINANCIAL SUPPORT
dc.subjectFINANCING SOURCES
dc.subjectFLEETS
dc.subjectFREIGHT
dc.subjectFUEL
dc.subjectFUEL PRICES
dc.subjectGENERATION
dc.subjectGOVERNMENT OWNERSHIP
dc.subjectGROWTH IN DEMAND
dc.subjectGROWTH IN PASSENGER DEMAND
dc.subjectGROWTH RATES
dc.subjectHANDLING
dc.subjectHUB AIRPORTS
dc.subjectINCOME
dc.subjectINCOME ELASTICITY
dc.subjectINFRASTRUCTURE INVESTMENTS
dc.subjectINFRASTRUCTURE PROJECTS
dc.subjectINFRASTRUCTURE SERVICES
dc.subjectINTERNATIONAL AIR TRANSPORT
dc.subjectINTERNATIONAL AIR TRANSPORT ASSOCIATION
dc.subjectINTERNATIONAL AIRPORT
dc.subjectINTERNATIONAL AIRPORTS
dc.subjectINTERNATIONAL CIVIL AVIATION
dc.subjectINTERNATIONAL CIVIL AVIATION ORGANIZATION
dc.subjectINTERNATIONAL FLIGHTS
dc.subjectINTERNATIONAL PASSENGERS
dc.subjectINTERNATIONAL TRADE
dc.subjectINTERNATIONAL TRAFFIC
dc.subjectINVESTMENT CLIMATE
dc.subjectLABOR COSTS
dc.subjectLANDING
dc.subjectLARGE CITIES
dc.subjectLEASE CONTRACT
dc.subjectLEASE CONTRACTS
dc.subjectLOWER TARIFFS
dc.subjectMINISTRY OF TRANSPORT
dc.subjectNATIONAL CIVIL AVIATION AGENCY
dc.subjectNAVIGATION CHARGES
dc.subjectNUMBER OF AIRCRAFT
dc.subjectNUMBER OF AIRCRAFT MOVEMENTS
dc.subjectOPERATING COSTS
dc.subjectOPERATING MARGINS
dc.subjectOPERATION AND MAINTENANCE
dc.subjectOPERATION OF AIRPORTS
dc.subjectPASSENGER AIRCRAFT
dc.subjectPASSENGER NUMBERS
dc.subjectPASSENGER TRAFFIC
dc.subjectPASSENGERS
dc.subjectPASSENGERS PER EMPLOYEE
dc.subjectPERFORMANCE INDICATORS
dc.subjectPRIVATE AIRPORT OPERATORS
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE CAPITAL FLOWS
dc.subjectPRIVATE FINANCING
dc.subjectPRIVATE INFRASTRUCTURE
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE INVESTMENT IN AIRPORTS
dc.subjectPRIVATE INVESTMENTS
dc.subjectPRIVATE OPERATORS
dc.subjectPRIVATE PROVIDERS
dc.subjectPRIVATE SECTOR PARTICIPATION
dc.subjectPRIVATIZATION
dc.subjectPRODUCTIVITY
dc.subjectPSP
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC POLICIES
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC-PRIVATE PARTNERSHIPS
dc.subjectRAIL
dc.subjectRAILWAYS
dc.subjectRANGE
dc.subjectRATE OF RETURN
dc.subjectREFERENCE
dc.subjectREGULATOR
dc.subjectREGULATORS
dc.subjectREGULATORY AGENCIES
dc.subjectREGULATORY AGENCY
dc.subjectREGULATORY FRAMEWORK
dc.subjectREMOTE
dc.subjectREVENUE PER PASSENGER
dc.subjectROAD
dc.subjectROADS
dc.subjectRUNWAY
dc.subjectSAVINGS
dc.subjectSINGLE CONCESSION
dc.subjectSQUARE
dc.subjectSUBSIDIARY
dc.subjectSURCHARGES
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectTARIFF STRUCTURE
dc.subjectTAX
dc.subjectTAX LAWS
dc.subjectTERMINAL
dc.subjectTERMINALS
dc.subjectTRADE FLOWS
dc.subjectTRAFFIC DEMAND
dc.subjectTRAFFIC GROWTH
dc.subjectTRAFFIC MOVEMENT
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT ALTERNATIVES
dc.subjectTRANSPORT INFRASTRUCTURE
dc.subjectTRANSPORT MANAGEMENT
dc.subjectTRANSPORT MARKET
dc.subjectTRANSPORT PROJECTS
dc.subjectTRANSPORT RESEARCH
dc.subjectTRANSPORT SERVICES
dc.subjectTRANSPORTS
dc.subjectTRAVELERS
dc.subjectTRUE
dc.subjectUPPER
dc.subjectURBAN TRANSPORT
dc.subjectUTILITIES
dc.subjectWATER DISTRIBUTION
dc.titleAirport Economics in Latin America and the Caribbean : Benchmarking, Regulation, and Pricingen
dspace.entity.typePublication
okr.crossref.titleAirport Economics in Latin America and the Caribbean
okr.date.disclosure2012-01-06
okr.date.doiregistration2025-04-15T11:15:32.712880Z
okr.doctypePublications & Research::Publication
okr.doctypePublications & Research::Publication
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20120109011612
okr.globalpracticeTransport and ICT
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid827241468299111697
okr.identifier.doi10.1596/978-0-8213-8977-5
okr.identifier.externaldocumentum000386194_20120109011612
okr.identifier.internaldocumentum15615159
okr.identifier.report66236
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/01/09/000386194_20120109011612/Rendered/PDF/662360PUB0EPI00merica09780821389775.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.geographicalCaribbean
okr.region.geographicalLatin America
okr.topicTransport::Airports and Air Services
okr.topicInfrastructure Economics and Finance::Infrastructure Economics
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicPrivate Sector Development::Emerging Markets
okr.topicTransport Economics Policy and Planning
okr.unitSustainable Development Dept (LCSSD)
okr.volume1 of 1
relation.isSeriesOfPublication706db16a-e556-46f0-8283-1b4a4b88645c
relation.isSeriesOfPublication.latestForDiscovery706db16a-e556-46f0-8283-1b4a4b88645c
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