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An Alternative Approach to Efficiency Measurement of Seaports

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  • Ro-Kyung Park

    (Division of Economics and International Trade, Chosun University, 375 Seosuk-dong, Gwangju City 501-759, South Korea. Email: nkpark@mail.chosun.ac.kr)

  • Prabir De

    () (Research and Information System for the Non-Aligned and Other Developing Countries (RIS), Zone IV-B, Fourth Floor, India Habitat Centre, Lodhi Road, New Delhi 110 003, India.)

Abstract

A whole series of changes in world economic order in the last decade such as globalisation of production and consumption, and structural changes in inter-port relations, port-hinterland relationships and logistics have strengthened the role of ports as nodes in the global transport system. In such an environment, port production economics plays an important role in port management considerations. This paper reviews approaches to performance measurement and provides an examination of the applicability of alternative (four-stage) Data Envelopment Analysis to seaport efficiency measurement. The study finds that alternative DEA is a potentially powerful approach to the evaluation of the overall efficiency of seaports. Maritime Economics & Logistics (2004) 6, 53–69. doi:10.1057/palgrave.mel.9100094

Suggested Citation

  • Ro-Kyung Park & Prabir De, 2004. "An Alternative Approach to Efficiency Measurement of Seaports," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 6(1), pages 53-69, March.
  • Handle: RePEc:pal:marecl:v:6:y:2004:i:1:p:53-69
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