Chaouk, MohammedPagliari, RomanoMoxon, Richard2020-02-142020-02-142019-10-28Chaouk M, Pagliari R, Moxon R. (2020) The impact of national macro-environment exogenous variables on airport efficiency. Journal of Air Transport Management, Volume 82, January 2020, Article number 1017400969-6997httsp://doi.org/10.1016/j.jairtraman.2019.101740https://dspace.lib.cranfield.ac.uk/handle/1826/15136Our paper tests the extent to which airport efficiency is affected by national macro-environmental factors. The literature on airport performance measurement is extensive but has tended to focus mainly on estimating the effects on efficiency from what are mostly endogenous variables. We undertake a two-stage analysis of 59 international airports observations in the Europe and Asia-Pacific regions. The first stage involves the use of Data Envelopment Analysis (DEA) to measure the efficiency of these airports. This is followed by a second stage, where we use a Truncated Regression model that incorporates the Simar and Wilson bootstrapping technique to test the extent to which a set of macro-environmental factors affect airport efficiency. Results reveal that a state's air transport sector output, institutional quality and robustness, the macro-economic environment, safety and security, and human development, all have a significant influence on the performance of airports. The result of this study fills the gap in the literature related to the non-discretionary variables affecting the performance of airports. It also suggests that policymakers and airport managers consider the identified factors when benchmarking airports.enAttribution-NonCommercial-NoDerivatives 4.0 Internationalhttp://creativecommons.org/licenses/by-nc-nd/4.0/Airports efficiencyDEA methodTruncated regressionTobit regressionMacro-environmental factorsExogenous factorsThe impact of national macro-environment exogenous variables on airport efficiencyArticle25256391