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Rico Merkert

Rico Merkert

PhD Leeds MSc TU Berlin/NHH Bergen
Senior Lecturer in Aviation Management

Room 1121
C13 - St James Campus
The University of Sydney
NSW 2006 Australia

Telephone +61 2 9114 1883
Fax +61 2 9114 1863
rico.merkert@sydney.edu.au

Bio

Dr Rico Merkert is Senior Lecturer in Aviation Management at the Institute of Transport and Logistics Studies at The University of Sydney, Australia. He has various leadership roles at ITLS, was Deputy Chair of the ITLS Graduate Program from 2012-2014 and is now Director/Coordinator of the ITLS Higher Degree by Research Program (Progressions). Rico is Co-Editor of the Journal of Air Transport Management (JATM), a Fellow of The Higher Education Academy (FHEA) and an appointed member of the U.S. Transportation Research Board (TRB) standing Committees on a) Aviation Economics and b) Light Commercial and General Aviation. Whilst being a Marie Curie Research Fellow at the Institute for Transport Studies (ITS) at the University of Leeds he undertook and received a PhD in Transport Economics. His PhD and also more recent studies were heavily influenced by a research visit at Hass Business School and various meetings with Nobel Prize winner Professor Oliver Williamson. Rico has taught at various high profile institutions including Cranfield University, where he was a Lecturer in Air Transport Economics and Management and Head of the Centre for Air Transport in Remoter Regions, before joining ITLS/The University of Sydney Business School in March 2012. He has been involved in a number of projects on benchmarking, transport economics, policy and management (including strategy, organisation, finance and M&A) for a range of clients such as the European Commission, UK Department for Transport and a number of major airlines. Most of his recent projects focused on the efficient management of various elements of the aviation value chain as well as benchmarking and cost efficiency analysis of railways, airlines and airports both in the global and regional context.

Newsroom articles

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Publications

2015

4
Journal Article/s

Tsai C, Mulley C and Merkert R 2015 'Measuring the Cost Efficiency of Urban Rail Systems: An International Comparison Using DEA and Tobit Models', Journal of Transport Economics and Policy, vol.49:1, pp. 17-34 Link

Merkert R and Pearson J 2015 Forthcoming 'A Non-parametric Efficiency Measure Incorporating Perceived Airline Service Levels and Profitability', Journal of Transport Economics and Policy Link

5
Conference Paper/s

Merkert R 2015 Forthcoming 'Regional airports and economic growth', 94th Annual Meeting of the Transportation Research Board TRB, Washington D.C., United States, 15th January 2015

2014

4
Journal Article/s

Merkert R and Ploix B 2014 'The impact of terminal re-organisation on belly-hold freight operation chains at airports', Journal of Air Transport Management, vol.36, pp. 78-84 Link

Pearson J and Merkert R 2014 'Airlines-within-airlines: A business model moving East', Journal of Air Transport Management, vol.38, pp. 21-6 Link

Merkert R and Mangia L 2014 'Efficiency of Italian and Norwegian airports: A matter of management or of the level of competition in remote regions?', Transportation Research Part A: Policy and Practice, vol.62, pp. 30-38 Link

Ison S, Merkert R and Mulley C 2014 'Policy approaches to public transport at airports - some diverging evidence from the UK and Australia', Transport Policy, vol.35, pp. 265-74 Link

Khakdaman M, Wong KY, Zohoori B, Tiwari MK and Merkert R 2014 Forthcoming 'Tactical production planning in a hybrid Make-to-Stock–Make-to-Order environment under supply, process and demand uncertainties: a robust optimisation model', International Journal of Production Research Link

Merkert R and Hensher DA 2014 'Open access for railways and transaction cost economics - Management perspectives of Australia's rail companies', Research in Transportation Economics, vol.48, pp. 227-36 Link

Jara-Diaz S and Merkert R 2014 'Workshop 3 Report: Institutional and operational reforms within different socio-economic and cultural contexts', Research in Transportation Economics, vol.48, pp. 205-8

5
Conference Paper/s

Bell MGH and Merkert R 2014 'The Economic Holding Quantity of Jet Fuel from Oil Producer and Airline Perspectives When Prices Are Uncertain', 93rd Annual Meeting of the Transportation Research Board TRB 2014, Washington D.C., United States, 16th January 2014

Merkert R and Pearson J 2014 'Developing a Nonparametric Efficiency Measure That Accounts for Perceived Airline Service Levels and Profitability', 93rd Annual Meeting of the Transportation Research Board TRB 2014, Washington D.C., United States, 16th January 2014

6
Conference Proceeding/s

Merkert R and Assaf AG 2014 'Using Bayesian distance stochastic frontier and DEA models to establish a combined perceived quality and profitability indicator for airports', Proceedings of the 18th World Conference of Air Transport Research Society ATRS, Bordeaux, France, 20th July 2014

Merkert R and O'Fee B 2014 'Analysing air operators’ managerial perceptions of incentives for regional air service route development within Europe', Proceedings of the 18th World Conference of Air Transport Research Society ATRS, Bordeaux, France, 20th July 2014

Merkert R and Yu A 2014 'Fuel hedging as a strategy for improved profitability? - An international comparison', Proceedings of the 18th World Conference of Air Transport Research Society ATRS, Bordeaux, France, 20th July 2014

Merkert R 2014 'Taking fleet commonality beyond aircraft types – Applying DEA models to evaluate the impact of engine heterogeneity on airline cost efficiency', 20th Conference of the International Federation of Operational Research Societies IFORS, Barcelona, Spain, 18th July 2014

Baker DC, Merkert R and Kamruzzaman M 2014 'The Role of Air Transport & Economic Growth: The Case of Regional Australia', Regional Airport Development 2014 Conference, Brisbane, Australia, 1st May 2014

2013

4
Journal Article/s

Merkert R and Gudmundsson SV 2013 'Guest Editors’ Introduction: Approaches to Improve Efficiency and Profitability of Airlines', Transportation Journal, vol.52:3, pp. 303-7

Merkert R and Hensher DA 2013 'The Importance of Completeness and Clarity in Air Transport Contracts in Remote Regions in Europe and Australia', Transportation Journal, vol.52:3, pp. 365-90 Link

Merkert R and Hensher DA 2013 'Regulation, trust and contractual incentives around transport contracts - Is there anything bus operators can learn from public air service contracts?', Research in Transportation Economics, vol.39:1, pp. 67-78 Link

Nelson JD and Merkert R 2013 'Workshop 1: Performance measurement and compliance', Research in Transportation Economics, vol.39:1, pp. 46-9 Link

Kappes JW and Merkert R 2013 'Barriers to entry into European aviation markets revisited: A review and analysis of managerial perceptions', Transportation Research Part E: Logistics and Transportation Review, vol.57:October, pp. 58-69 Link

Merkert R and O'Fee B 2013 'Efficient procurement of public air services - Lessons learned from European transport authorities' perspectives', Transport Policy, vol.29:September, pp. 118-25 Link

Merkert R and Williams G 2013 'Determinants of European PSO airline efficiency - Evidence from a semi-parametric approach', Journal of Air Transport Management, vol.29:June, pp. 11-16 Link

Merkert R and Nash CA 2013 'Investigating European railway managers’ perception of transaction costs at the train operation/infrastructure interface', Transportation Research Part A: Policy and Practice, vol.54:August, pp. 14-25 Link

Merkert R and Mangia L 2013 'Explanatory Power of Different Data Envelopment Analysis Models for Determining Airports’ Cost-Efficiency', Transportation Research Record, vol.2336, pp. 91-6 Link

5
Conference Paper/s

Merkert R and Hensher DA 2013 'Open access for railways and transaction cost economics - Is the European approach appropriate for all of Australia's train operations?', 13th International Conference on Competition and Ownership in Land Passenger Transport-Thredbo 2013, Oxford, United Kingdom, 19th September 2013

Merkert R and Rose JM 2013 'Performing Longitudinal Data Envelopment Analysis With Missing Data – An Evaluation Of Multiple Methods', 26th European Conference on Operational Research EURO XXVI, Rome, Italy, 4th July 2013

Merkert R and Ploix B 2013 'The impact of terminal re-organisation on belly-hold freight operation chains at airports', 17th World Conference of Air Transport Research Society ATRS 2013, Bergamo, Italy, 29th June 2013

Pearson J and Merkert R 2013 'Does airline customer service matter? Linking customer service with airline financial performance', 17th World Conference of Air Transport Research Society ATRS 2013, Bergamo, Italy, 29th June 2013

Ison S, Merkert R and Mulley C 2013 'Public transport at airports as an environmental strategy – some diverging evidence from the UK and Australia', 17th World Conference of Air Transport Research Society ATRS 2013, Bergamo, Italy, 29th June 2013

6
Conference Proceeding/s

Merkert R and Mangia L 2013 'Explanatory Power of Different Data Envelopment Analysis Models for Determining Airports’ Cost Efficiency', Proceedings of the 92nd Annual Meeting of the Transportation Research Board - "Deploying Transportation Research - Doing Things Smarter, Better, Faster", Washington D.C., United States, 17th January 2013

Pearson J and Merkert R 2013 'Low-Cost Airlines-Within-Airlines: Business Model Moving East', Proceedings of the 92nd Annual Meeting of the Transportation Research Board - "Deploying Transportation Research - Doing Things Smarter, Better, Faster", Washington D.C., United States, 17th January 2013

2012

4
Journal Article/s

Merkert R and Cowie J 2012 'A quantitative cross-modal analysis of transportation firms’ transaction costs – Are airlines any different?', Journal of Air Transport Management, vol.22, pp. 3-8

Merkert R 2012 'An empirical study on the transaction sector within rail firms', Transportmetrica, vol.8:1, pp. 1-16

Merkert R, Smith ASJ and Nash CA 2012 'The Measurement of Transaction Costs – Evidence from European Railways', Journal of Transport Economics and Policy, vol.46:3, pp. 349-65 Link

Merkert R, Odeck J, Brathen S and Pagliari R 2012 'A Review of Different Benchmarking Methods in the Context of Regional Airports', Transport Reviews, vol.32:3, pp. 379-95 Link

Merkert R and Morrell PS 2012 'Mergers and acquisitions in aviation – Management and economic perspectives on the size of airlines', Transportation Research Part E: Logistics and Transportation Review, vol.48:4, pp. 853-62 Link

Merkert R and Mangia L 2012 'Management of airports in extreme winter conditions- some lessons from analysing the efficiency of Norwegian airports', Research in Transportation Business & Management, vol.4:October, pp. 53-60 Link

Merkert R 2012 'Editorial- Research in transportation business and management: Management of transport in remote regions', Research in Transportation Business & Management, vol.4:October, pp. 1-2 Link

6
Conference Proceeding/s

Merkert R and O’Fee B 2012 'Efficient procurement of public air services - Lessons learned from European transport authorities perspectives', 35th Annual Australasian Transport Research Forum ATRF 2012, Perth, Australia, 28th September 2012

Merkert R and Mangia L 2012 'Cost efficiency analysis of Italian and Norwegian airports – A matter of management or of the level of competition in remote regions?', Air Transport Research Society ATRS World Conference 2012, Tainan , Taiwan, 30th June 2012

Pearson J and Merkert R 2012 'Airlines-within-airlines – revisiting the business model based on recent developments', Air Transport Research Society ATRS World Conference 2012, Tainan , Taiwan, 30th June 2012

2011

4
Journal Article/s

Link H and Merkert R 2011 'Success factors and pitfalls of regional rail franchising in Germany', International Journal of Transport Economics, vol.XXXVIII:2, pp. 171-98

Merkert R 2011 'Why be secret about subsidies?', Airports International, vol.44:3, pp. 22-4

Merkert R and Hensher DA 2011 'The impact of strategic management and fleet planning on airline efficiency – A random effects Tobit model based on DEA efficiency scores', Transportation Research Part A: Policy and Practice, vol.45:7, pp. 686-95

6
Conference Proceeding/s

O’Fee B and Merkert R 2011 'Analysing the different legal interpretations and uses of PSOs across Europe – A transport authority perspective', 7th International Conference on Air Transport in Remoter Regions, Newquay, United Kingdom, 1st January 2011-31st December 2011

Kappes JW and Merkert R 2011 'Barriers to entry into European aviation markets revisited –
a review and analysis of managerial perceptions', Air Transport Research Society ATRS Conference 2011, Sydney, Australia, 1st January 2011-31st December 2011

Merkert R 2011 'Informationsasymmetrien und Anreizgestaltung in gemeinwirtschaft-lichen Flugverkehrsverträgen', Conference of the Young Academics in the German Academic Association for Business Research VHB, University of Hamburg, Germany, 1st January 2011-31st December 2011

Merkert R and Williams G 2011 'Measuring the efficiency of remote regions carriers', 7th International Conference on Air Transport in Remoter Regions, Newquay, United Kingdom, 1st January 2011-31st December 2011

Merkert R and Hensher DA 2011 'Regulation, trust and contractual incentives around transport contracts - Is there anything bus operators can learn from public air service contracts?', 12th Competition and Ownership issues in Land Passenger Transport Conference Thredbo 12, Durban, South Africa, 1st January 2011-31st December 2011

Merkert R and Hensher DA 2011 'The importance of completeness and clarity in air transport contracts: an international comparison', Air Transport Research Society Conference ATRS 2011, Sydney, Australia, 1st January 2011-31st December 2011

Merkert R 2011 'Does the north/cold-south/warm divide have an impact on airports efficiency? – Evidence from two extreme areas in Europe', Keilir Aviation Conference on Airports and Airlines Winter Operations, Reykjavik, Iceland, 11th October 2011

Merkert R 2011 'Managerial perception of contracts and efficiency of subsidised air service providers in Europe and Australia', G.A.R.S. Down Under - Current Issues in Aviation, Monash University , Melbourne, Australia, 7th July 2011

Merkert R and Morrell PS 2011 'Mergers and acquisitions in aviation – management perspectives and econometric evidence on the size of airlines', Air Transport Research Society ATRS Conference 2011, Sydney, Australia, 2nd July 2011

Merkert R, Odeck J, Brathen S and Pagliari R 2011 'The use of Econometric Methods for Efficiency Analysis of Regional Airports - A Meta Analysis', Air Transport Research Society ATRS Conference 2011, Sydney, Australia, 2nd July 2011

Merkert R and Morell PS 2011 'Do mergers and acquisitions help airlines to survive in competitive environments?', 43rd Universities' Transport Study Group Conference UTSG 2011, Milton Keynes, United Kingdom, 7th January 2011

2010

4
Journal Article/s

Merkert R, Smith ASJ and Nash CA 2010 'Benchmarking of train operating firms - A transaction cost efficiency analysis', Transportation Planning and Technology, vol.33:1, pp. 35-53

Merkert R 2010 'Changes in transaction costs over time – The case of franchised train operating firms in Britain', Research in Transportation Economics, vol.29:1, pp. 52-9

6
Conference Proceeding/s

Merkert R 2010 'Öffentlich geförderte Flugverkehre im Europäischen Vergleich – Ansatzpunkte zur Effizienzverbesserung von PSOs', Herbsttagung der Wissenschaftliche Kommission ÖBWL of the German Academic Association for Business Research VHB, University of Mannheim, Germany, 1st January 2010-31st December 2010

Merkert R and Williams G 2010 'The impacts of ownership, level of competition and contractual determinants on the efficiency of European public service obligation air transport operators', European Transport Conference ETC 2011, Glasgow, Scotland, United Kingdom, 13th October 2010

Link H and Merkert R 2010 'Success factors of rail franchising: A fresh assessment of the German case', European Transport Conference ETC 2011, Glasgow, Scotland, United Kingdom, 12th October 2010

Merkert R and Cowie J 2010 'A quantitative cross-modal analysis of transaction costs - Are airlines any different?', 14th Air Transport Research Society World Conference ATRS 2010, Porto, Portugal, 9th July 2010

Miyoshi C and Merkert R 2010 'Changes in carbon efficiency and financial performance of firms over time – An empirical analysis of European airlines', 14th Air Transport Research Society World Conference ATRS 2010, Porto, Portugal, 9th July 2010

2009

4
Journal Article/s

Merkert R 2009 'Großbritannien: Wird der Zugbetrieb verstaatlicht? Eine aktuelle Kurzanalyse zur Franchiseproblematik im britischen Schienenpersonenverkehr', Internationales Verkehrswesen, vol.61:9, pp. 320-22

6
Conference Proceeding/s

Merkert R, Smith ASJ and Nash CA 2009 'The effects of institutional, environmental and transactional factors on European train operating company efficiency – A Tobit regression approach based on DEA efficiency scores', European Transport Conference ETC 2009, Leiden, Netherlands, 7th October 2009

Merkert R 2009 'Changes in transaction costs over time – The case of franchised train operating firms in Britain', 11th International Conference on Competition and Ownership in Land Passenger Transport Thredbo 11, Delft, Netherlands, 25th September 2009

Merkert R, Smith ASJ and Nash CA 2009 'Benchmarking of train operating firms - A transaction cost efficiency analysis', Universities' Transport Study Group Conference UTSG 2009, London, United Kingdom, 7th January 2009

2008

4
Journal Article/s

Merkert R and Singh M 2008 'Deregulierung des Marktes für schienengebundenen Containertransport in Indien: Eine Chance für internationale Eisenbahnen?', Internationales Verkehrswesen, vol.60:6, pp. 218-22

6
Conference Proceeding/s

Merkert R 2008 'An empirical study on the transaction sector within rail firms', 13th International Conference of the Hong Kong Society for Transportation Studies HKSTS - Transportation and Management Science, Hong Kong, 15th December 2008

Merkert R, Nash CA and Smith ASJ 2008 'Looking beyond separation - A comparative analysis of British, German and Swedish railways from a new institutional perspective', European Transport Conference ETC 2008, Leiden, Netherlands, 8th October 2008

2007

4
Journal Article/s

Merkert R 2007 'Der Fall der Strategic Rail Authority als Beispiel inkonsistenter britischer Verkehrspolitik', Zeitschrift fur Verkehrswissenschaft, vol.78:1, pp. 1-34

Merkert R 2007 'Network Rail - British lessons for the German rail infrastructure manager?', Internationales Verkehrswesen, vol.59:5, pp. 195-99

6
Conference Proceeding/s

Merkert R 2007 'A transaction cost perspective on the organization of European railways', 11th World Conference on Transport Research, Berkeley, United States, 28th June 2007

Recent Units Taught

Videos

Dr Rico Merkert, Senior Lecturer in Aviation Management at the Institute of Transport and Logistics Studies, discusses the announcement of a second Sydney airport in Badgerys Creek.

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