ANALYSIS OF AIRPORT PRODUCTIVITY AND EFFICIENCY PERFORMANCE IN NIGERIA

Journal Title: European Journal of Business and Social Sciences - Year 2016, Vol 4, Issue 12

Abstract

Nigeria as a developing country continues to grow in tandem with its air transport network following the construction of airports and planning of air routes, which have positive impact on passenger and cargo traffic, consequently, airports needs to expand and improve their operational capacity towards accommodating increasing workload, which invariably leads to increased operating and capital costs as well as economies of scale efficiencies for airport operators. On the other hand, it has been argued that increased in size will lead to increased operational and administrative complexities that will result in a loss of efficiencies (Oyesiku and Oduwole, 2004; Bubalo, 2009; 2011). It is in the light of this that the paper examined airport productivity and efficiency performance. The paper adopted a case study approach, utilising detailed and sectionalized questionnaires as data collection instrument from ten airports located in six geo-political zones of Nigeria based on multistage techniques. The questionnaire elicited primary data on components of airport productivity and efficiency performance for the period of 2004-2008 and were analysed using both descriptive and inferential analytical techniques. The paper revealed through adoption of production function of Cobb-Douglas that incorporates ordinary least-square and weighted least square methods, identified potential effects of various factors on gross Variable Factor Productivity (VFP), as well as computed a residual VFP index after removing the effects of these varieties on gross VFP. The pooled VFP Regression further revealed negative in Beta results of capital productivity, airport size, soft cost input productivity and share of international traffic, which are all attributed to the fact that sampled airports’ inability to achieve their relative objectives due to poor management , infrastructural base and other factors. The paper however concluded that streamlining efficiencies in operational integrity, new business and paradigms, coupled with the use of new technology will continue to see the industry and airports work towards a competitive advantage and achieve outcomes which are appropriate for airport shareholders and acceptable for stakeholders.

Authors and Affiliations

OYESIKU, Olukayode. O. Ph. D| Professor of Transport systems, Olabisi Onabanjo University, Ago-Iwoye, Ogun State,Nigeria., SOMUYIWA, Adebambo. O. Ph. D| Associate Professor of Transport Management, Ladoke Akintola University of Technology, Ogbomoso, Oyo State,Nigeria, ODUWOLE, Adewale. O. Ph. D| Principal Partner, FORSTECH Nigeria Limited

Keywords

Related Articles

THE RELATIONSHIP BETWEEN THE AUDITORS EXPERIENCE AND FRAUD DETECTION: A CASE OF PRIVATE FIRMS WITHIN THIKA SUB COUNTY, KENYA

The study was set out to assess the relationship between the auditors experience and fraud detection in private firms in Kenya. The study was conducted on selected private firms within Thika sub County, Kenya and the...

RELATIONSHIP WITH STAKEHOLDERS IN BRAZILIAN ENERGY COMPANIES

The paper seeks to identify and analyze the means of approaching with stakeholders, which have been used and reported in sustainability reports by the companies within the electrical energy sector included in the Cor...

A COMPARATIVE STUDY FOR APPOINTMENT PROCEDURES OF UNIVERSITY PRESIDENTS

The administration structure plays a central role in the development of a university, both academically and administratively, and both for attracting qualified academic staff and students. The role of presidents (cha...

EFFECT OF INNOVATION STRATEGIES ON ORGANIZATIONAL PERFORMANCE: A CASE STUDY OF BANK OF KIGALI

Innovation can be viewed as a purposeful and focused effort to achieve change in an organization’s economic. The impact of innovation on organizational performance is still misunderstood for various factors, either...

WHO DRIVES EDUCATIONAL CHANGE: SCHOOL OR SOCIETY?

The purpose of this paper is to discuss and yield further insight into the consequential conflicting relationship between the societal and educational change as well as the required leadership to lead this necessary e...

Download PDF file
  • EP ID EP10731
  • DOI -
  • Views 302
  • Downloads 23

How To Cite

Olukayode. O. Ph. D, Adebambo. O. Ph. D, Adewale. O. Ph. D (2016). ANALYSIS OF AIRPORT PRODUCTIVITY AND EFFICIENCY PERFORMANCE IN NIGERIA. European Journal of Business and Social Sciences, 4(12), 147-168. https://europub.co.uk./articles/-A-10731