Airport Privatization in Pakistan

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Policy Perspectives: The Journal of the Institute of Policy Studies

Volume 15, Issue 3

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Airport Privatization in Pakistan

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Author(s): Irem Batool , Ghulam Hussain , Muhammad Abid

Publication date (Print): 1 January 2018

Journal: Policy Perspectives: The Journal of the Institute of Policy Studies

Publisher: Pluto Journals

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Abstract

The airport infrastructures in Pakistan are ranked very low in comparison to airports around the world. Poor airport facilities hinder the growth of aviation sector and of national economy. In their present conditions, airports fail to attract the passenger and cargo carriers. Therefore, a large number of international passengers and cargo carriers have shifted their operations from Pakistanis to Gulf and Middle East. At the time when aviation sector is growing around the globe, the need for airport infrastructure development is immense. As a result, in many developed and developing countries, the Governments are involving private sector to develop the existing airports and to build new airports. Considering the current economic situation of the Pakistan, the Government is unable to invest heavily to develop world-class airport infrastructure. In order to modernize the airports in the country, the Government of Pakistan should infuse private capital.

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Author and article information

Journal

Journal ID (doi): 10.2307/j50009730

Journal ID (jcode): polipers

Title: Policy Perspectives: The Journal of the Institute of Policy Studies

Publisher: Pluto Journals

ISSN: 1812-1829

ISSN: 1812-7347

Publication date (Print): 1 January 2018

Volume: 15

Issue: 3 ( doiID: 10.13169/polipers.15.issue-3 )

Pages: 157-177

Affiliations

Dr. Irem Batool is affiliated to Department of Management Science, COMSATS University Islamabad, Sahiwal Campus. Dr. Ghulam Hussain is affiliated to Department of Management Science, COMSATS University Islamabad, Lahore Campus. Dr. Muhammad Abid is affiliated to Department of Mechanical Engineering, COMSATS University Islamabad, Sahiwal Campus. The present research is a part of DAAD German-Pakistan University Research Collaborative research project No. 57063183) between IVM, University of Muenster, Germany and COMSATS University Islamabad, Sahiwal Campus.

Article

Publisher ID: polipers.15.3.0157

DOI: 10.13169/polipers.15.3.0157

SO-VID: c2cd1b76-9d54-4507-ba05-3b89d32815e3

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All content is freely available without charge to users or their institutions. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission of the publisher or the author. Articles published in the journal are distributed under a http://creativecommons.org/licenses/by/4.0/.

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ScienceOpen disciplines: Education,Religious studies & Theology,Social & Behavioral Sciences,Law,Economics

Bibliography

Airport Council International. “World Report,” 2004.
Ashraf, Rana Umair. “Measuring Airport Effeciency In Pakistan.” COMSATS Institute of Information Technology, Sahiwal., 2015.
Ashraf, Rana Umair. “Measuring Airport Efficiency in Pakistan”.” COMSATS Institute of Information Technology, Sahiwal, 2015.
ATAG. “AVIATION BENEFITS BEYONDBORDERS.” Bad. Geneva, 2016. https://aviationbenefits.org/media/149668/abbb2016_full_a4_web.pdf.
Beifert, Anatoli. “Regional Airports' Potential as a Driving Force for Economic and Entrepreneurship Development – Case Study from Baltic Sea Region.” Entrepreneurship and Sustainability Issues, 2016. doi:10.9770/jesi.2016.3.3(2).
Bortolotti, Bernardo, Marcella Fantini, and Domenico Siniscalco. “Privatisation around the World: Evidence from Panel Data.” Journal of Public Economics 88, no. 1–2 (2004): 305–32. doi:10.1016/S0047-2727(02)00161-5.
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Comments

Comment on this article

[1] Airport Council International. “World Report,” 2004.

[2] Ashraf, Rana Umair. “Measuring Airport Effeciency In Pakistan.” COMSATS Institute of Information Technology, Sahiwal., 2015.

[3] Ashraf, Rana Umair. “Measuring Airport Efficiency in Pakistan”.” COMSATS Institute of Information Technology, Sahiwal, 2015.

[4] ATAG. “AVIATION BENEFITS BEYONDBORDERS.” Bad. Geneva, 2016. https://aviationbenefits.org/media/149668/abbb2016_full_a4_web.pdf.

[5] Beifert, Anatoli. “Regional Airports' Potential as a Driving Force for Economic and Entrepreneurship Development – Case Study from Baltic Sea Region.” Entrepreneurship and Sustainability Issues, 2016. doi:10.9770/jesi.2016.3.3(2).

[6] Bortolotti, Bernardo, Marcella Fantini, and Domenico Siniscalco. “Privatisation around the World: Evidence from Panel Data.” Journal of Public Economics 88, no. 1–2 (2004): 305–32. doi:10.1016/S0047-2727(02)00161-5.

[7] Bunnell, Robert A. “Is Your Airport a Pot of Gold?” Airport Magazine, 1992.

[8] Camargo, Luis M. “Airport Privatization Movement in the 21st Century.” Working Paper, 2013. http://opensiuc.lib.siu.edu/ps_wp/9%0AThis.

[9] Cavaliere, Alberto, and Simona Scabrosetti. “Privatization and Efficiency: From Principals and Agents to Political Economy.” Journal of Economic Surveys, 2008. doi:10.1111/j.1467-6419.2007.00546.x.

[10] Cristiana Cristureanu, and Ana Bobircâ. “Airports Driving Economic and Tourism Development.” The Romanian Economic Journal, 2007.

[11] Crockatt, Michael A, and Jill Ogston. “Airport Infrastructure as an Instrument for Regional Economic Development,” no. Faa 1965 (1999): 62–83.

[12] Cullinane, Kevin, Michael Firth, Michael K Y Fung, Stephen X H Gong, Japhet S. Law, and Anming Zhang. “Development of Air Transport Industry in the Asia-Pacific Region.” Pacific Economic Review, 2011. doi:10.1111/j.1468-0106.2010.00533.x.

[13] De, Prabir. “Connectivity, Trade Facilitation and Regional Cooperation in South Asia,” no. April (2013): 1–42.

[14] Deen, Hafeez U D, and Saleem Arshad. “CHALLENGES FOR THE COMMERCIAL AIRLINE INDUSTRY IN PAKISTAN 1” 2, no. 4 (2007).

[15] Emilio Sacistan, Ray. “Some Consideration on the Role of Public Enterprise.” In Public and Private Enterprise in a Mixed Economy, edited by William. J. Baumol, 44–52. London: The Macmillan Press Ltd, 1980.

[16] Ernico, Sheri. “Considering and Evaluating Airports Privatization,” 2012.

[17] Gong, Stephen X H, Kevin Cullinane, and Michael Firth. “The Impact of Airport and Seaport Privatization on Efficiency and Performance: A Review of the International Evidence and Implications for Developing Countries.” Transport Policy, 2012. doi:10.1016/j.tranpol.2012.06.020.

[18] Government of Pakistan. “National Aviation Policy.” Pakistan Civil Aviation Authority, 2015. http://www.caapakistan.com.pk/upload/AT/NAP-2015.pdf.

[19] Government of Pakistan. Privatization Commission of Pakistan (2000). http://privatisation.gov.pk/.

[20] Graham, Anne. Managing Airports: An International Perspective, Second Edition. Managing Airports: An International Perspective, Second Edition, 2012. doi:10.4324/9780080473284.

[21] Green, Richard K. “Airports and Economic Development.” Real Estate Economics, 2007. doi:10.1111/j.1540-6229.2007.00183.x.

[22] Hooper, Paul. “Privatization of Airports in Asia.” Journal of Air Transport Management, 2002. doi:10.1016/S0969-6997(02)00009-1.

[23] IATA. “Annual Report 2008, 64th Annual General Meeting.” Istanbul, Tukey, 2008.

[24] IGC. “Framework for Economic Growth: Towards Becoming a Regional Hub of Aviation,.” Islamabad, 2011.

[25] Mathur, Ike, and Wanrapee Banchuenvijit. “The Effects of Privatization on the Performance of Newly Privatized Firms in Emerging Markets.” Emerging Markets Review, 2007. doi:10.1016/j.ememar.2006.12.002.

[26] MEGGINSON, WILLIAM L., ROBERT C. NASH, and MATTHIAS VAN RANDENBORGH. “The Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis.” The Journal of Finance, 1994. doi:10.1111/j.1540-6261.1994.tb05147.x.

[27] Naceur, Samy Ben, Samir Ghazouani, and Mohammed Omran. “The Performance of Newly Privatized Firms in Selected MENA Countries: The Role of Ownership Structure, Governance and Liberalization Policies.” International Review of Financial Analysis, 2007. doi:10.1016/j.irfa.2006.09.006.

[28] Pakistan Civil Aviation Authority. “Annual Report.” Karachi, 2014.

[29] Pool, Jr. Robert W. “Annual Privatization Report 2014,” 2014.

[30] “Privatization Commission of Pakistan,” n.d. http://privatisation.gov.pk/.

[31] Ragunath, S. “Airport Privatization in India: Investment Opportunities in the Next Phase of Development.” Journal of Airport Management 4, no. 3 (2010): 235–51.

[32] Spillers, Curtis A. “Airport Privatizations.” The Journal of Structured Finance, 2000. doi:10.3905/jsf.2000.320198.

[33] Tang, Rachel Y. “Airport Privatization: Issues and Options for Congress Analyst in Transportation and Industry,” 2016.

[34] Ulhas, Mankar Akshay. “Brief on Airports Authority of India,” 2014. https://www.aai.aero/sites/default/files/YearEnder2013-14-AAI-300414.pdf%0A%0A.

[35] Vickers, John, and George Yarrow. “Economic Perspectives on Privatization.” Journal of Economic Perspectives, 1991. doi:10.1257/jep.5.2.111.