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The European Port Industry: An Analysis of its Economic Efficiency

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Author Info
Lourdes Trujillo () (Department of Economics, City University, London and DAEA, Universidad de Las Palmas de Gran Canaria)
Beatriz Tovar

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Abstract

Because of their critical strategic role, ports have all traditionally been subject to some form of government control even if the legal form and the intensity of this control have varied across countries. The member countries of the European Union have not been different from the rest of the world in this respect. A significant difference however is the recurrent effort to integrate, in a coordinated way, the port sector in a transeuropean transport network (TEN-T) through the adoption of a common legal framework. In this context, if the objective of the reforms is to ensure that port networks, integrated in combined transport networks, become competitors of the road network, the concept of port efficiency becomes central. This paper provides an overview of the evolution of the European Port Legislation and shows how comparative economic measures can be used to highlight the scope for port efficiency improvements, essential to allow short sea shipping transport to compete with road transport in Europe. To our knowledge, this paper is also the first effort of estimating technical efficiency of European Port Authorities. The average port efficiency in 2002 was estimated to be around 60%, denoting that ports could have handled 40% more traffic with the same resources.

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Paper provided by Department of Economics, City University, London in its series City University Economics Discussion Papers with number 07/05.

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Length: 30 pages
Date of creation: Mar 2007
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Handle: RePEc:cty:dpaper:0705

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Keywords: Technical efficiency European ports regulation Trans-European transport networks motorways of the sea

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Find related papers by JEL classification:
C6 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming
L9 - Industrial Organization - - Industry Studies: Transportation and Utilities

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  1. Carlos Pestana Barros, 2003. "Incentive Regulation and Efficiency of Portuguese Port Authorities," Maritime Economics and Logistics, Palgrave Macmillan Journals, vol. 5(1), pages 55-69, March. [Downloadable!] (restricted)
  2. Prabir De, 2006. "Total Factor Productivity Growth: Indian Ports in the Era of Globalisation," Maritime Economics and Logistics, Palgrave Macmillan Journals, vol. 8(4), pages 366-386, December. [Downloadable!] (restricted)
  3. Carlos Pestana Barros, 2005. "Decomposing Growth in Portuguese Seaports: A Frontier Cost Approach," Maritime Economics and Logistics, Palgrave Macmillan Journals, vol. 7(4), pages 297-315, December. [Downloadable!] (restricted)
  4. Cuesta, Rafael A. & Orea, Luis, 2002. "Mergers and technical efficiency in Spanish savings banks: A stochastic distance function approach," Journal of Banking & Finance, Elsevier, vol. 26(12), pages 2231-2247. [Downloadable!] (restricted)
  5. Kevin Cullinane & Dong-Wook Song, 2003. "A stochastic frontier model of the productive efficiency of Korean container terminals," Applied Economics, Taylor and Francis Journals, vol. 35(3), pages 251-267, January. [Downloadable!] (restricted)
  6. Battese, George E. & Coelli, Tim J., 1988. "Prediction of firm-level technical efficiencies with a generalized frontier production function and panel data," Journal of Econometrics, Elsevier, vol. 38(3), pages 387-399, July. [Downloadable!] (restricted)
  7. Estache, Antonio & de la Fe, Beatriz Tovar & Trujillo, Lourdes, 2004. "Sources of efficiency gains in port reform: a DEA decomposition of a Malmquist TFP index for Mexico," Utilities Policy, Elsevier, vol. 12(4), pages 221-230, December. [Downloadable!] (restricted)
  8. Marianela González & Lourdes Trujillo, 2007. "Efficiency measurement in the port industry: A survey of the empirical evidence," City University Economics Discussion Papers 07/08, Department of Economics, City University, London. [Downloadable!]
  9. Rodriguez-Alvarez, Ana & Tovar, Beatriz & Trujillo, Lourdes, 2007. "Firm and time varying technical and allocative efficiency: An application to port cargo handling firms," International Journal of Production Economics, Elsevier, vol. 109(1-2), pages 149-161, September. [Downloadable!] (restricted)
  10. Gonzalez, Maria Manuela & Trujillo, Lourdes, 2005. "Reforms and infrastructure efficiency in Spain's container ports," Policy Research Working Paper Series 3515, The World Bank. [Downloadable!]
  11. Estache, Antonio & Gonzalez, Marianela & Trujillo, Lourdes, 2002. "Efficiency Gains from Port Reform and the Potential for Yardstick Competition: Lessons from Mexico," World Development, Elsevier, vol. 30(4), pages 545-560, April. [Downloadable!] (restricted)
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