Toward environmental sustainability: an empirical study on airports efficiency (2210.02736v2)

Abstract: The transition to more environmentally sustainable production processes and managerial practices is an increasingly important topic. Many industries need to undergo radical change to meet environmental sustainability requirements; the tourism industry is no exception. In this respect, a particular aspect that needs further attention is the relationship between airport performances and investments in environmental sustainability policies. This work represents a first attempt to provide empirical evidences about this relationship. Through the application of a non-parametrical method, we first assess the efficiency of the Italian airports industry. Secondly, we investigated the relationship between airports performance and management commitment toward the ecological transition using a Tobit regression model. The results show that airports adherence to formal multi-year ecological transition programs has a positive and consistent impact on their performance.