1. Green transition as a driver of technical efficiency. An empirical study on Italian airports
- Author
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Serio, Riccardo Gianluigi, Dickson, Maria Michela, Giuliani, Diego, and Espa, Giuseppe
- Subjects
FOS: Economics and business ,Physics - Physics and Society ,General Economics (econ.GN) ,FOS: Physical sciences ,Physics and Society (physics.soc-ph) ,Economics - General Economics - Abstract
The transition to more environmentally sustainable production processes and managerial practices is an increasingly important topic. Many industries need to undergo radical change to meet environmental sustainability requirements; the tourism industry is no exception. In this respect, a particular aspect that needs further attention is the relationship between airport performances and investments in environmental sustainability policies. This work represents a first attempt to provide empirical evidences about this relationship. Through the application of a non-parametrical method, we first assess the efficiency of the Italian airports industry. Secondly, we investigated the relationship between airports performance and management commitment toward the ecological transition using a Tobit regression model. The results show that airports' adherence to formal multi-year ecological transition programs has a positive and consistent impact on their performance.
- Published
- 2022
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