Efficiency benchmarking of Irish and North Atlantic Spanish ports:Implications for blue growthk

This paper aims to assess the efficiency of Irish and North Atlantic Spanish ports in generating traffic and examine changes in efficiency over the period 2000-15. Specifically, technical efficiency scores are derived by using stochastic frontier analysis. Subsequently, cluster analysis is employed...

Full description

Bibliographic Details
Published in:Utilities Policy
Main Authors: Tsakiridis, A., Mateo-Mantecón, I., O'Connor, E., Hynes, S., O'Donoghue, C.
Format: Article in Journal/Newspaper
Language:English
Published: 2021
Subjects:
atira/keywords/jel_classifications/o13
o13 - "Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products"
European Atlantic ports
Ireland
Small and medium-sized ports
Spain
Stochastic frontier analysis
benchmarking
port
stochasticity
technical efficiency
COMPETITIVENESS
DEA
STOCHASTIC PRODUCTION FRONTIER
MARKET
DETERMINANTS
PERFORMANCE
CONTAINER TERMINALS
IMPACT
SPECIALIZATION
North Atlantic
Online Access:https://cris.maastrichtuniversity.nl/en/publications/2c9ee03a-535a-45f1-89d3-917d619d11a6
https://doi.org/10.1016/j.jup.2021.101268
Description
Summary:This paper aims to assess the efficiency of Irish and North Atlantic Spanish ports in generating traffic and examine changes in efficiency over the period 2000-15. Specifically, technical efficiency scores are derived by using stochastic frontier analysis. Subsequently, cluster analysis is employed to develop a robust typology of ports for efficiency benchmarking. This paper has identified two clusters of ports with the estimated average technical efficiency of cluster 1 ports being much higher than the efficiency of cluster 2 ports. Differences in efficiency and main characteristics of clusters have persisted during the period 2000-15.

Similar Items