Financial Efficiency Analysis the Malmquist TFP Method: An Application on Star Alliance Member Airlines
Yıl: 2022 Cilt: 6 Sayı: 2 Sayfa Aralığı: 39 - 57 Metin Dili: İngilizce DOI: 10.33399/biibfad.1073252 İndeks Tarihi: 17-01-2023
Financial Efficiency Analysis the Malmquist TFP Method: An Application on Star Alliance Member Airlines
Öz: The purpose of this study is to analyze the financial efficiency of 15 airlines that are members of the Star Alliance which is considered the largest international strategic airline network for the period 2016-2019 using the Malmquist Total Factor Efficiency method. In addition, other purposes include the comparison of the change in technical efficiency (TE), technological change (TD) and total factor productivity (TFP) values of airlines that are members of the Star Alliance As a result of the analysis, it was found that the average technological change and total factor productivity values of the airlines in question increased in the period 2016-2017, and the average technical efficiency values decreased. On the other hand, in the period 2017-2018, the opposite situation was observed. In the period 2018-2019, technical efficiency, technological change and total factor productivity values decreased. It was found that the technical efficiency values of the Air Canada and Turkish Airlines increased during the entire period, while the average technical efficiency, technological change and total factor productivity values of the Air New Zealand, Asiana Airlines, Avianca, Lufthansa and Thai Airways decreased.
Anahtar Kelime: Malmquist TFP Yöntemiyle Finansal Etkinlik Analizi: Star Alliance Üyesi Havayolu İşletmelerinde Bir Uygulama
Öz: Bu çalışmanın amacı, Dünyanın ilk global havacılık birliği olan Star Alliance’ın üyesi olan 15 havayolu işletmesinin 2016-2019 dönemine ait finansal etkinlik ve verimlilik analizinin Malmquist Toplam Faktör Verimliliği yöntemi ile incelenmesidir. Bunun yanı sıra Star Alliance grubuna üye olan havayolu işletmelerinin teknik etkinlikteki değişim (TE), Teknolojik değişim (TD) ve toplam faktör verimlilik (TFV) değerlerinin karşılaştırılmasıdır. Analiz sonucunda söz konusu havayolu işletmelerinin 2016-2017 döneminde ortalama TD ve TFV değerlerinin arttığı, ortalama TE değerlerinin ise azaldığı tespit edilmiştir. 2017-2018 döneminde ise tam tersi bir durumun yaşandığı görülmüştür. 2018-2019 döneminde ilgili havayolu işletmelerinin ortalama TED, TD ve TFV değerlerinde azalışların olduğu tespit edilmiştir. Air Canada ve Turkish Airlines işletmelerinin tüm dönem boyunca teknik etkinlik ve verimlilik değerlerinin arttığı tespit edilirken Air New Zealand, Asiana Airlines, Avianca, Lufthansa ve Thai Airways işletmelerinin ortalama TED, TD ve TFV değerlerinin azaldığı tespit edilmiştir.
Anahtar Kelime: Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
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| APA | ASKER V, Ustaomer T (2022). Financial Efficiency Analysis the Malmquist TFP Method: An Application on Star Alliance Member Airlines. , 39 - 57. 10.33399/biibfad.1073252 |
| Chicago | ASKER Veysi,Ustaomer Temel Caner Financial Efficiency Analysis the Malmquist TFP Method: An Application on Star Alliance Member Airlines. (2022): 39 - 57. 10.33399/biibfad.1073252 |
| MLA | ASKER Veysi,Ustaomer Temel Caner Financial Efficiency Analysis the Malmquist TFP Method: An Application on Star Alliance Member Airlines. , 2022, ss.39 - 57. 10.33399/biibfad.1073252 |
| AMA | ASKER V,Ustaomer T Financial Efficiency Analysis the Malmquist TFP Method: An Application on Star Alliance Member Airlines. . 2022; 39 - 57. 10.33399/biibfad.1073252 |
| Vancouver | ASKER V,Ustaomer T Financial Efficiency Analysis the Malmquist TFP Method: An Application on Star Alliance Member Airlines. . 2022; 39 - 57. 10.33399/biibfad.1073252 |
| IEEE | ASKER V,Ustaomer T "Financial Efficiency Analysis the Malmquist TFP Method: An Application on Star Alliance Member Airlines." , ss.39 - 57, 2022. 10.33399/biibfad.1073252 |
| ISNAD | ASKER, Veysi - Ustaomer, Temel Caner. "Financial Efficiency Analysis the Malmquist TFP Method: An Application on Star Alliance Member Airlines". (2022), 39-57. https://doi.org/10.33399/biibfad.1073252 |
| APA | ASKER V, Ustaomer T (2022). Financial Efficiency Analysis the Malmquist TFP Method: An Application on Star Alliance Member Airlines. Bingöl Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi (Online), 6(2), 39 - 57. 10.33399/biibfad.1073252 |
| Chicago | ASKER Veysi,Ustaomer Temel Caner Financial Efficiency Analysis the Malmquist TFP Method: An Application on Star Alliance Member Airlines. Bingöl Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi (Online) 6, no.2 (2022): 39 - 57. 10.33399/biibfad.1073252 |
| MLA | ASKER Veysi,Ustaomer Temel Caner Financial Efficiency Analysis the Malmquist TFP Method: An Application on Star Alliance Member Airlines. Bingöl Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi (Online), vol.6, no.2, 2022, ss.39 - 57. 10.33399/biibfad.1073252 |
| AMA | ASKER V,Ustaomer T Financial Efficiency Analysis the Malmquist TFP Method: An Application on Star Alliance Member Airlines. Bingöl Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi (Online). 2022; 6(2): 39 - 57. 10.33399/biibfad.1073252 |
| Vancouver | ASKER V,Ustaomer T Financial Efficiency Analysis the Malmquist TFP Method: An Application on Star Alliance Member Airlines. Bingöl Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi (Online). 2022; 6(2): 39 - 57. 10.33399/biibfad.1073252 |
| IEEE | ASKER V,Ustaomer T "Financial Efficiency Analysis the Malmquist TFP Method: An Application on Star Alliance Member Airlines." Bingöl Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi (Online), 6, ss.39 - 57, 2022. 10.33399/biibfad.1073252 |
| ISNAD | ASKER, Veysi - Ustaomer, Temel Caner. "Financial Efficiency Analysis the Malmquist TFP Method: An Application on Star Alliance Member Airlines". Bingöl Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi (Online) 6/2 (2022), 39-57. https://doi.org/10.33399/biibfad.1073252 |
