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Efficiency And Productivity Growth In A Sample Of Italian Container Terminals

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  • Anna Bottasso
  • Maurizio Conti
  • Claudio Ferrari

Abstract

In this study we estimate a production frontier for a sample of Italian container terminals observed over the period 2001-2008 in order to assess the pattern of Total Factor Productivity (TFP). Estimates of different stochastic frontier models suggest the existence of a modest but positive TFP growth rate over the period 2001-07 and an abrupt fall in TFP in 2008, which probably reflects the onset of the 2008-9 world recession. We also find that scale economies and technical change have positively contributed to TFP growth over the sample period ; in turn, all models find a decline in technical efficiency. Finally, the different stochastic frontier methods considered in this paper give a broadly consistent picture of the productivity and efficiency developments that have occurred in this sample.

Suggested Citation

  • Anna Bottasso & Maurizio Conti & Claudio Ferrari, 2011. "Efficiency And Productivity Growth In A Sample Of Italian Container Terminals," Articles, International Journal of Transport Economics, vol. 38(2).
    • Handle: RePEc:jte:journl:2011:2:38:1
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    Cited by:

    1. Chang, Víctor & Tovar, Beatriz, 2014. "Efficiency and productivity changes for Peruvian and Chilean ports terminals: A parametric distance functions approach," Transport Policy, Elsevier, vol. 31(C), pages 83-94.

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