Port Infrastructure Efficiency: The Europe-Mediterranean Case

The aim of this research is to estimate the infrastructure efficiency of individual ports, to investigate factors that influence efficiency, and to shed light on infrastructure investment strategies. 32 container ports in Europe-Mediterranean area were assessed using stochastic frontier analysis. The results indicate the exogenous (environmental) factors, trading volume, which has a strong impact on port efficiency. Moreover, the infrastructure efficiency is improving over time, but the annual percentage change in output is slower than the technological change. This phenomenon is suggested due to over capacity, one of the most featured characteristics in container port industry. Different investment strategies to utilize and control over capacity in port management practice have been explored and suggested.

  • Availability:
  • Authors:
    • Liu, Qianwen
    • Medda, Francesca
  • Publication Date: 2009

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 01141898
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Oct 15 2009 4:59PM