How Does Port Efficiency Affect Maritime Transport Costs and Trade? : Evidence from Indian and Western Pacific Ocean Countries
Would improvements in port performance increase trade in countries on the Indian and Western Pacific Oceans? Previous studies attempted to answer this question using ad hoc measures of port efficiency that do not control for the actual use of port...
| Main Authors: | , , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/388141506343576100/How-does-port-efficiency-affect-maritime-transport-costs-and-trade-evidence-from-Indian-and-western-Pacific-Ocean-countries http://hdl.handle.net/10986/28449 |
| Summary: | Would improvements in port performance
increase trade in countries on the Indian and Western
Pacific Oceans? Previous studies attempted to answer this
question using ad hoc measures of port efficiency that do
not control for the actual use of port assets or measures
that can be very noisy. To avoid these problems, this paper
builds a measure of economic efficiency based on the use of
port inputs to deliver port output. Using data envelop
analysis, it ranks countries on the Indian and Western
Pacific Oceans in terms of their port efficiency, and
assesses the effect of increased efficiency. It finds that
becoming as efficient as the country with the most efficient
port sector would reduce their average maritime transport
costs by up to 14 percent and increase their exports by up
to 2.2 percent. |
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