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

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

Research output: Contribution to journalArticleAcademicpeer-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.
Original languageEnglish
JournalUtilities Policy
Volume72
DOIs
Publication statusPublished - 2021

JEL classifications

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

Keywords

  • European Atlantic ports
  • Small and medium-sized ports
  • Stochastic frontier analysis
  • benchmarking
  • port
  • stochasticity
  • technical efficiency
  • Ireland
  • Spain

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