Is it time for an integrated aviation market in Northeast Asia? An airline performance perspective
Date
2021
Authors
Zhang, A.
Zhang, Y.
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Journal article
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Transport Policy, 2021; 110:161-169
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This research first examines the link connectivity of major Northeast Asian carriers at country levels, and then uses a dynamic network DEA model to assess these carriers' efficiency performance. The connectivity measure suggests that although China, Japan and Korea differ in the size of domestic markets, the major carriers of the three countries do not differ much in terms of their connectivity performance in their key international markets. Chinese and Japanese carriers are quite similar in technical efficiency while Korea's two carriers take the lead in this measure. We thus present an argument that most of the carriers in this region are operating at a near-level playing field and it is time to push forward the aviation market integration agenda in Northeast Asia.
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Copyright 2021 Elsevier