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Measuring Seaports' Productivity: A Malmquist Productivity Index Decomposition Approach

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  • George E. Halkos
  • Nickolaos G. Tzeremes

Abstract

This paper uses three different Malmquist productivity index (MPI) decompositions to measure Greek seaports' productivity for the period 2006-10. Bootstrap techniques are applied in order for confidence intervals of MPIs and their components to be constructed, and to verify if the indicated changes are statistically significant. Finally, a second-stage nonparametric analysis is applied identifying the effect of seaports' size on their productivity levels. The results reveal that the number of terminals is a crucial determinant of seaports' productivity levels. Additionally, it appears that the high length of Greek seaports has a negative influence on their productivity levels over the years. © 2015 LSE and the University of Bath

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  • George E. Halkos & Nickolaos G. Tzeremes, 2015. "Measuring Seaports' Productivity: A Malmquist Productivity Index Decomposition Approach," Journal of Transport Economics and Policy, University of Bath, vol. 49(2), pages 355-376, April.
    • Handle: RePEc:tpe:jtecpo:v:49:y:2015:i:2:p:355-376
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    2. Suárez-Alemán, Ancor & Morales Sarriera, Javier & Serebrisky, Tomás & Trujillo, Lourdes, 2016. "When it comes to container port efficiency, are all developing regions equal?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 86(C), pages 56-77.
    3. Matías Herrera Dappe & Ancor Suárez-Alemán, 2016. "Competitiveness of South Asia’s Container Ports," World Bank Publications - Books, The World Bank Group, number 24333, December.
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    6. Jorge H. Luna & Julio Mar-Ortiz & María D. Gracia & Dionicio Morales-Ramírez, 2018. "An efficiency analysis of cargo-handling operations at container terminals," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 20(2), pages 190-210, June.
    7. Halkos, George & Zisiadou, Argyro, 2016. "Environmental performance index and economic welfare," MPRA Paper 75561, University Library of Munich, Germany.
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    JEL classification:

    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General

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