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选取国内民航上市公司年报数据,运用超越对数成本函数测算出2002年-2012年各公司技术效率和规模效率。再利用静态面板模型研究民航企业兼并重组和加入国际联盟等市场化行为对企业经营绩效的影响。研究结果表明,中国民航企业还没有达到最小有效规模;提高技术效率能显著改善绩效;在宏观环境波动下,企业兼并重组显著提高绩效,但加入国际联盟不能显著改善绩效。政府应当提倡民航企业间进行以市场为导向的重组,并且支持企业海外并购。
Select the annual report data of domestic civil aviation listed companies, use the cost function beyond the logarithm to calculate the technical efficiency and scale efficiency of each company from 2002 to 2012. Reuse the static panel model to study the impact of civil aviation enterprises such as mergers and acquisitions and joining the League and other market-oriented behavior on the business performance. The results show that China’s civil aviation enterprises have not yet reached the minimum effective scale; improve the technical efficiency can significantly improve performance; mergers and acquisitions under the macroeconomic environment significantly improve performance, but join the League of Nations can not significantly improve performance. The government should promote civil aviation enterprises to conduct market-oriented restructuring, and support enterprises overseas mergers and acquisitions.