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Efficiency benchmarking of Irish and North Atlantic Spanish ports: Implications for blue growth

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  • Tsakiridis, Andreas
  • Mateo-Mantecón, Ingrid
  • O'Connor, Eamonn
  • Hynes, Stephen
  • O'Donoghue, Cathal

Abstract

This paper aims to assess the efficiency of Irish and North Atlantic Spanish ports in generating traffic and examine changes in efficiency over the period 2000-15. Specifically, technical efficiency scores are derived by using stochastic frontier analysis. Subsequently, cluster analysis is employed to develop a robust typology of ports for efficiency benchmarking. This paper has identified two clusters of ports with the estimated average technical efficiency of cluster 1 ports being much higher than the efficiency of cluster 2 ports. Differences in efficiency and main characteristics of clusters have persisted during the period 2000-15.

Suggested Citation

  • Tsakiridis, Andreas & Mateo-Mantecón, Ingrid & O'Connor, Eamonn & Hynes, Stephen & O'Donoghue, Cathal, 2021. "Efficiency benchmarking of Irish and North Atlantic Spanish ports: Implications for blue growth," Utilities Policy, Elsevier, vol. 72(C).
  • Handle: RePEc:eee:juipol:v:72:y:2021:i:c:s0957178721001028
    DOI: 10.1016/j.jup.2021.101268
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