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

A. Tsakiridis; I. Mateo-Mantecón; E. O'Connor; S. Hynes; C. O'Donoghue

doi:10.1016/j.jup.2021.101268

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

A. Tsakiridis^*, I. Mateo-Mantecón, E. O'Connor, S. Hynes, C. O'Donoghue

^*Corresponding author for this work

Research output: Contribution to journal › Article › Academic › peer-review

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.

Original language	English
Article number	101268
Number of pages	13
Journal	Utilities Policy
Volume	72
DOIs	https://doi.org/10.1016/j.jup.2021.101268
Publication status	Published - Oct 2021

JEL classifications

o13 - "Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products"

Keywords

European Atlantic ports
Ireland
Small and medium-sized ports
Spain
Stochastic frontier analysis
benchmarking
port
stochasticity
technical efficiency
COMPETITIVENESS
DEA
STOCHASTIC PRODUCTION FRONTIER
MARKET
DETERMINANTS
PERFORMANCE
CONTAINER TERMINALS
IMPACT
TECHNICAL EFFICIENCY
SPECIALIZATION

Access to Document

10.1016/j.jup.2021.101268

Cite this

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title = "Efficiency benchmarking of Irish and North Atlantic Spanish ports: Implications for blue growthk",

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.",

keywords = "European Atlantic ports, Ireland, Small and medium-sized ports, Spain, Stochastic frontier analysis, benchmarking, port, stochasticity, technical efficiency, COMPETITIVENESS, DEA, STOCHASTIC PRODUCTION FRONTIER, MARKET, DETERMINANTS, PERFORMANCE, CONTAINER TERMINALS, IMPACT, TECHNICAL EFFICIENCY, SPECIALIZATION",

author = "A. Tsakiridis and I. Mateo-Mantec{\'o}n and E. O'Connor and S. Hynes and C. O'Donoghue",

year = "2021",

month = oct,

doi = "10.1016/j.jup.2021.101268",

language = "English",

volume = "72",

journal = "Utilities Policy",

issn = "0957-1787",

publisher = "Elsevier BV",

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TY - JOUR

T1 - Efficiency benchmarking of Irish and North Atlantic Spanish ports

T2 - Implications for blue growthk

AU - Tsakiridis, A.

AU - Mateo-Mantecón, I.

AU - O'Connor, E.

AU - Hynes, S.

AU - O'Donoghue, C.

PY - 2021/10

Y1 - 2021/10

N2 - 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.

AB - 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.

KW - European Atlantic ports

KW - Ireland

KW - Small and medium-sized ports

KW - Spain

KW - Stochastic frontier analysis

KW - benchmarking

KW - port

KW - stochasticity

KW - technical efficiency

KW - COMPETITIVENESS

KW - DEA

KW - STOCHASTIC PRODUCTION FRONTIER

KW - MARKET

KW - DETERMINANTS

KW - PERFORMANCE

KW - CONTAINER TERMINALS

KW - IMPACT

KW - TECHNICAL EFFICIENCY

KW - SPECIALIZATION

U2 - 10.1016/j.jup.2021.101268

DO - 10.1016/j.jup.2021.101268

M3 - Article

SN - 0957-1787

VL - 72

JO - Utilities Policy

JF - Utilities Policy

M1 - 101268

ER -