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Efficiency in Latin American airlines: A two-stage approach combining Virtual Frontier Dynamic DEA and Simplex Regression
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文摘

This paper presents an efficiency assessment of Latin American airlines.

The Virtual Frontier Dynamic Range Adjusted Model is used in a two-stage approach.

Simplex Regression results corroborate previous studies.

The impact of fleet mix and public ownership cannot be neglected.

To some extent, the findings also show the inexistence of a learning curve.

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