Jurnal Internasional Ekonomi
Sage Publication : Public Finance Review
This article compares the behavior of special district governments to that of
general purpose governments, using as an empirical example the performance
of US airports. The authors estimate a modified McFadden symmetric
generalized cost function, specified to distinguish technical efficiency
and allocative efficiency of airports governed by each institutional form.
Using a unique data set on US airports, the authors find that special district
governments have technical efficiency that is over 40 percent higher than
airports operated by general purpose governments. This advantage, however,
is almost entirely dissipated through overpayments to labor and for
Tidak tersedia versi lain