Efficiency of Infrastructure : The Case of Container Ports

This paper gauges efficiency in container ports. Using non-parametric methods, we estimate efficiency frontiers based on information from 86 ports across the world. Three attractive features of the method are: 1) it is based on an aggregated measure of efficiency despite the existence of multiple in...

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Main Authors: Herrera, Santiago, Pang, Gaobo
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5834
id okr-10986-5834
recordtype oai_dc
spelling okr-10986-58342021-04-23T14:02:23Z Efficiency of Infrastructure : The Case of Container Ports Herrera, Santiago Pang, Gaobo Production Cost Capital, Total Factor, and Multifactor Productivity Capacity D240 Railroads and Other Surface Transportation L920 This paper gauges efficiency in container ports. Using non-parametric methods, we estimate efficiency frontiers based on information from 86 ports across the world. Three attractive features of the method are: 1) it is based on an aggregated measure of efficiency despite the existence of multiple inputs; 2) it does not assume particular input-output functional relationships; and 3) it does not rely on a priori peer selection to construct the benchmark. Results show that the most inefficient ports use inputs in excess of 20 to 40 percent. Since infrastructure costs represent about 40 percent of total maritime transport costs, these could be reduced by 12 percent by moving from the inefficient extreme of the distribution to the efficient one. 2012-03-30T07:34:46Z 2012-03-30T07:34:46Z 2008 Journal Article Economia (University of Brazil) 15177580 http://hdl.handle.net/10986/5834 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Production
Cost
Capital, Total Factor, and Multifactor Productivity
Capacity D240
Railroads and Other Surface Transportation L920
spellingShingle Production
Cost
Capital, Total Factor, and Multifactor Productivity
Capacity D240
Railroads and Other Surface Transportation L920
Herrera, Santiago
Pang, Gaobo
Efficiency of Infrastructure : The Case of Container Ports
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description This paper gauges efficiency in container ports. Using non-parametric methods, we estimate efficiency frontiers based on information from 86 ports across the world. Three attractive features of the method are: 1) it is based on an aggregated measure of efficiency despite the existence of multiple inputs; 2) it does not assume particular input-output functional relationships; and 3) it does not rely on a priori peer selection to construct the benchmark. Results show that the most inefficient ports use inputs in excess of 20 to 40 percent. Since infrastructure costs represent about 40 percent of total maritime transport costs, these could be reduced by 12 percent by moving from the inefficient extreme of the distribution to the efficient one.
format Journal Article
author Herrera, Santiago
Pang, Gaobo
author_facet Herrera, Santiago
Pang, Gaobo
author_sort Herrera, Santiago
title Efficiency of Infrastructure : The Case of Container Ports
title_short Efficiency of Infrastructure : The Case of Container Ports
title_full Efficiency of Infrastructure : The Case of Container Ports
title_fullStr Efficiency of Infrastructure : The Case of Container Ports
title_full_unstemmed Efficiency of Infrastructure : The Case of Container Ports
title_sort efficiency of infrastructure : the case of container ports
publishDate 2012
url http://hdl.handle.net/10986/5834
_version_ 1764396484978016256