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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

Suggested Citation

  • 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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    Cited by:

    1. 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.
    2. Matías Herrera Dappe & Ancor Suárez-Alemán, 2016. "Competitiveness of South Asia’s Container Ports," World Bank Publications - Books, The World Bank Group, number 24333, April.
    3. Halkos, George & Zisiadou, Argyro, 2016. "Environmental performance index and economic welfare," MPRA Paper 75561, University Library of Munich, Germany.
    4. Chang, Víctor & Tovar, Beatriz, 2017. "Metafrontier analysis on productivity for West Coast of South Pacific terminals," Transportation Research Part A: Policy and Practice, Elsevier, vol. 103(C), pages 118-134.
    5. George E. Halkos & Panagiotis-Stavros C. Aslanidis, 2024. "Green Energy Pathways Towards Carbon Neutrality," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 87(6), pages 1473-1496, June.
    6. Halkos, George E. & Aslanidis, Panagiotis Stavros C., 2023. "New circular economy perspectives on measuring sustainable waste management productivity," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 764-779.
    7. George Halkos & Argyro Zisiadou, 2018. "Relating environmental performance with socioeconomic and cultural factors," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 20(1), pages 69-88, January.
    8. 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.

    More about this item

    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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